How to Sell Bitcoin with Cash Deposit in Kenya

Are you looking to sell bitcoin in Kenya? There are various ways to sell bitcoin, and one of them is through cash deposit. In this article, we will guide you through the process of selling bitcoin with Kenyan Shilling (KES) cash deposit using CoinCola.

Step 1: Create a CoinCola Account

To start selling bitcoin on CoinCola, you need to create an account on the platform. Visit CoinCola.com and click on the "Sign up" button. Fill in the required information and verify your account through the email you receive from CoinCola.

Step 2: Deposit Bitcoin

Once you have created and verified your account, you need to deposit bitcoin. Click on the "Wallet" tab on the dashboard and select "Deposit." Copy the bitcoin address provided and send the bitcoin from your personal wallet to the CoinCola address.

Step 3: Select Cash Deposit as Payment Method

After depositing bitcoin, you can now proceed to sell it. Go to the "Buy/Sell Crypto" tab on the dashboard and select "Sell." Choose cash deposit as your preferred payment method.

Step 4: Check the Buyer's Terms

Before initiating a trade, you should read the buyer's terms to ensure that you agree to them. These terms include the amount of bitcoin they want to buy, the price they are willing to pay, and the payment method.

Step 5: Initiate a Trade

Once you agree to the buyer's terms, you can initiate a trade by clicking on the "Sell Now" button. You will be required to enter the amount of bitcoin you want to sell and the price you want to sell it for.

Step 6: Receive Payment and Release Coin

Once the buyer has made the cash deposit into your account, you can release the bitcoin. This will transfer the bitcoin from your CoinCola wallet to the buyer's wallet. Make sure to only release the bitcoin after confirming the payment.

Step 7: Provide Feedback

After the trade is complete, both the buyer and the seller are required to provide feedback. This feedback helps to build trust within the CoinCola community.

If you have any issues or questions, you can visit the CoinCola Support Center for assistance.

Are you ready to start selling bitcoin with cash deposit in Kenya? Sign up for a CoinCola account today and start trading!