Kenyans can buy Bitcoin again
Through a partnership with Airtel Money BitPesa company can once again provide Kenyans Bitcoin. But cryptocurrency is still a niche product in the East African country, and the local bitcoin community is growing slowly.
On its website BitPesa published a guide how to buy bitcoins using Airtel Money, of mobile money in Kenya, representing an alternative to M-Pesa from the company Safaricom. Through eight easy action Airtel Money customers can exchange their Kenyan shillings on bitcoins.
Company BitPesa, founded in 2013 as a service of cross-border money transfers for the Kenyan diaspora living abroad, until the end of 2015 was in partnership with Safaricom. But November 12 Safaricom BitPesa blocked access to the M-Pesa. Then bitcoin company sued, but the judge in the preliminary decision sided with Safaricom. In a subsequent interview with Bob Collymore, the head of Safaricom, said he feared sanctions by the Kenya National Bank in the event of continued cooperation with bitcoin company, whose status is uncertain in Kenya.
BitPesa plans to continue the trial, since the new partnership does not allow the difficulties facing our company. Po said the head of Airtel Kenya, «almost all transactions with mobile money [in Kenya] are carried out using M-Pesa». However, it can be expected that local bitcoiners make the necessary effort and open accounts on Airtel. According to the reportage Motherboard, Kenya bitcoin is the lot of traders, and a handful of cryptocurrency bitcoin enthusiasts. BitPesa announces five thousand active clients in Kenya and a local journalist and bitcoiner believes that those who regularly use cryptocurrency not more than three hundred.