What is Bitcoin?
Bitcoin is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network.
Bitcoin transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain.
How To Buy Bitcoin Uganda
How to buy Bitcoin (BTC) for beginners in Uganda
Below are steps to buying for beginners in Uganda
Step 1 – Create & secure an account
Step 2 – How much Bitcoin BTC should I buy?
Step 3 – Payment methods for buying Bitcoin
Step 4 – Trade or buy your first Bitcoin
Step 5 – Prepare for the crypto future!
Step 6 – More information about buying Bitcoin
Here are other steps which will help you to buy Bitcoin in Uganda
Paxful
Paxful is Africa’s leading peer-to-peer bitcoin exchange.
LocalBitcoins
LocalBitcoins is a popular P2P bitcoin exchange that allows you to buy and sell bitcoin.
Remitano
Remitano is a P2P exchange that allows you to buy and sell bitcoin using UGX.
FTX
FTX is a cryptocurrency exchange built by traders, for traders.
Binance
Binance is the world’s largest cryptocurrency exchange. Buy and sell Bitcoin and over 350 coins through its exchange with low fees.
How do I deposit my bitcoin wallet?
The steps below will help you to deposit into your bitcoin wallet
Tap the Bitcoin tab on your Cash App home screen.
Press Deposit Bitcoin.
Scan, copy, or share your Cash App Bitcoin address with an external wallet.
Confirm with your PIN or Touch ID.
How do I withdraw bitcoin from Uganda?
Please go to Binance Uganda’s website (www.binance.co.ug), click [Login] from the menu, and enter your details to log in.
2. Please click [Funds] → [Withdrawals]. Then, click the name of the coin/token you would like to withdraw, select the address and input the amount of cryptocurrency you want to withdraw.