ngapat wrote:I cant believe i've been ignoring the crypto currencies all this time. I just kept hearing of them but ignored and didnt care to know how they work. Been researching about them this week and i really want to venture into them big time.
I find bitcoins to quite expensive at the moment and i cant find any other coins at localbitcoins. Where can one buy lite-coins in Kenya?
Bitpesa would have been a good start but since
Mucheru moved to GoK and the CBK press releases they are
less aggressive. They would have been a perfect local exchange.
To use other global exchanges where you are able to buy and sell all altcoins you will need to use other services like Skrill, Neteller, etc to enable deposits (Most banks balk at the prospect of trading these virtual currencies and the exchanges are very limited in the ways in which they can receive deposits).
Mantain SECURE wallets for your coins.
Do not leave your coins in the exchanges as they are susceptible to collapse or flash crashes . . . read more on Mt. Gox, Moolah, BTC-e, Bitfinex, OKCoin
Last but most importantly research on each altcoin you want to trade in.
Hopefully this little Info will be helpful
Live and learn; and don’t forget, nothing ventured, nothing gained.