How to Sell Bitcoin with Bank Transfer in Kenya

Are you looking to sell your Bitcoin in Kenya and receive payment via bank transfer in Kenyan Shillings (KES)? CoinCola provides an easy-to-use platform for buying and selling Bitcoin in Kenya. In this article, we will guide you through the process of selling Bitcoin with bank transfer in Kenya.

Step 1: Create a CoinCola Account

To start selling Bitcoin on CoinCola, you need to create an account on the platform. Go to CoinCola’s website and click on the "Sign Up" button. Enter your email address and create a strong password. After that, verify your email address and complete your personal information.

Step 2: Deposit Bitcoin

Once you have created your account, the next step is to deposit Bitcoin into your CoinCola wallet. Click on "Wallet" on the dashboard and select "Deposit". Copy your CoinCola Bitcoin address and send your Bitcoin from your personal wallet to your CoinCola wallet.

Step 3: Select Bank Transfer as Payment Method

After your Bitcoin deposit has been confirmed, you can start selling it. Click on the "Sell" button on the dashboard, select Bitcoin as the currency to sell, and select "Bank Transfer" as the payment method.

Step 4: Check the Buyer's Terms

When selling Bitcoin on CoinCola, you can choose a buyer based on their terms. Before you initiate a trade, check the buyer’s terms, including payment time, payment method, and payment limit, to ensure that they match your requirements.

Step 5: Initiate a Trade

Once you have selected a buyer, initiate a trade by entering the amount of Bitcoin you want to sell and clicking on "Sell Now". CoinCola will hold your Bitcoin in escrow until the buyer has confirmed payment.

Step 6: Receive Payment and Release Coin

Once the buyer has confirmed payment, you will receive the payment in your bank account. After that, release the Bitcoin from escrow to complete the trade.

Step 7: Provide Feedback

After completing the trade, it is important to provide feedback to the buyer to help build trust in the CoinCola community. You can rate the buyer based on their payment time, payment method, and communication during the trade.

Visit CoinCola Support if you have any questions or encounter any issues during the trade process.

Now that you know how to sell Bitcoin with bank transfer in Kenya, you can start trading on CoinCola. Sign up for a CoinCola account today and start selling Bitcoin with ease.