According to the 2021 Global Crypto Adoption Index, Kenya topped the world in peer-to-peer (P2P) crypto transactions. In addition, Kenya is set to scale the adoption of cryptocurrencies in 2022. Most Kenyans do not understand what cryptocurrency entails and have not taken the time to do their research. Some conclude that cryptocurrencies are scams after relying on a social media post. However, negative perceptions of crypto can be washed away, though a lot needs to be done for Kenyans to benefit maximally from trading crypto.
For beginners, cryptocurrencies are digital assets or currencies that are hard to double-spend or create counterfeits. Cryptocurrencies work the same way as actual money, allowing you to buy things with crypto and receive crypto in exchange for your services…..
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