What is a Bitcoin?
Bitcoin is a decentralized digital currency. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.
Best App To Buy Bitcoin In Uganda
Binance and Kraken
Which app can I use to buy Bitcoin in Uganda?
To buy bitcoin with mobile money, you must have a Yellow Card account, and it is straightforward to create one.
Simply visit the website or download our mobile app from your app store and provide the required information.
Is Bitcoin legal in Uganda?
Crypto currency is not considered a legal tender in Uganda. It is not regulated by the government or central bank, which makes it risky for one to use in the country.
Which app can I use to buy Bitcoin in Uganda?
Uganda has 4 trusted exchanges available for you to sign up for, with the most popular being Binance and Kraken, which account for a combined 100,000,000 active users.
After signing up to an exchange you will need to verify your identity and address, which is part of the Know Your Customer (KYC) process.
How much is 1 Bitcoin in Uganda?
102,485,199.10UGX