$6 Million worth of bitcoin traded in Kenya in 2017

Bits Wallet
Jan 24, 2018 · 1 min read

Ask any kenyan where he gets his bitcoin and 80% of them will say Local bitcoin which comes as no suprise as statistics show you around $6 Million worth of bitcoin was traded for the Kenyan shiling in 2017.

with the average monthly volume standing at around $340000 and not factoring in other trading platform eg paxful and peer to peer transfers its safe to assume this figure is slightly conservative . if this charts are anything to go by the blockchain revolution in Kenya is just beginning there being an already fairly digitized economy thanks to Mpesa the shift might be quicker than many expect.

sources https://coin.dance/volume/localbitcoins/KES

Bits Wallet
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