How to Withdraw Bitcoin from Exodus and Trust Wallet in Kenya: A Complete Guide

 



Introduction

With the growing popularity of Bitcoin in Kenya, many users store their cryptocurrency in wallets like Exodus and Trust Wallet. However, withdrawing Bitcoin to cash (Kenyan Shillings - KES) can be confusing. This guide will show you step-by-step how to withdraw Bitcoin from Exodus and Trust Wallet to your M-Pesa or bank account securely and efficiently.


Why Withdraw Bitcoin to M-Pesa or a Bank Account?

Bitcoin isn’t widely accepted as a direct payment method in Kenya, making it necessary to convert BTC to KES for everyday transactions. There are two main ways to do this:

  1. Peer-to-Peer (P2P) Trading – Sell BTC directly to buyers who pay via M-Pesa or bank transfer.

  2. Crypto Exchanges with KES Withdrawals – Use platforms like Binance, Yellow Card, or Paxful to convert Bitcoin to cash.


How to Withdraw Bitcoin from Exodus Wallet

Step 1: Choose a Bitcoin Exchange

To withdraw Bitcoin, you need to use an exchange that allows KES withdrawals via M-Pesa or bank transfer. Some of the best platforms include:

Step 2: Transfer Bitcoin from Exodus to an Exchange

  1. Open Exodus Wallet and navigate to Bitcoin (BTC).

  2. Click Send and enter the deposit address from your chosen exchange:

    • On Binance: Go to WalletDeposit → Select Bitcoin (BTC) and copy the address.

    • On Paxful: Open Wallet, select BTC, and tap Receive to copy your Bitcoin address.

    • On Yellow Card: Tap Deposit, select Bitcoin, and copy your BTC address.

  3. Paste the BTC address into Exodus and confirm the transfer.

  4. Wait for blockchain confirmations (this may take 5-30 minutes).

Step 3: Sell Bitcoin for KES

Once your BTC arrives in your exchange account, convert it to KES:

  • On Binance P2P:

    1. Open Binance P2P and go to the Sell section.

    2. Select Bitcoin (BTC) and choose a buyer who pays via M-Pesa.

    3. Enter the amount and confirm the sale.

    4. Once the buyer sends KES to your M-Pesa or bank, confirm receipt and release Bitcoin.

  • On Paxful:

    1. Go to Sell Bitcoin and choose M-Pesa or bank transfer as the payment method.

    2. Find a trusted buyer and start a trade.

    3. The buyer will send KES to your account.

    4. Once you receive the money, release BTC.

  • On Yellow Card:

    1. Navigate to Sell BTC.

    2. Exchange Bitcoin for KES.

    3. Withdraw KES to M-Pesa or your bank.

Step 4: Withdraw KES to M-Pesa or Bank

Once you have sold your Bitcoin for KES:

  • On Binance P2P and Paxful, the buyer sends money directly to your M-Pesa or bank.

  • On Yellow Card, go to Withdraw, select M-Pesa, enter your details, and confirm the withdrawal.


How to Withdraw Bitcoin from Trust Wallet

Since Trust Wallet does not support direct fiat withdrawals, you must send BTC to an exchange first.

Step 1: Choose an Exchange

Select an exchange that supports KES withdrawals. Recommended options:

  • Binance P2P

  • Paxful

  • Yellow Card

Step 2: Transfer Bitcoin from Trust Wallet to the Exchange

  1. Open Trust Wallet.

  2. Tap Bitcoin (BTC) and then Send.

  3. Enter the BTC deposit address from your chosen exchange (Binance, Paxful, or Yellow Card).

  4. Confirm and send the Bitcoin.

  5. Wait for blockchain confirmations (usually 5–30 minutes).

Step 3: Sell Bitcoin for KES

Once the BTC reaches your exchange account, sell it for KES following the same steps outlined in the Exodus Wallet guide above.

Step 4: Withdraw KES to M-Pesa or Bank

After selling BTC for KES, withdraw the funds to your preferred method (M-Pesa or bank transfer).

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Tips for a Smooth Withdrawal

Use trusted buyers on P2P platforms – check their ratings and trade history. ✅ Confirm the current exchange rate before selling Bitcoin. ✅ Beware of scammers – always receive KES first before releasing BTC in P2P trades. ✅ Use exchanges with low fees for better profit margins. ✅ Enable 2FA security on your accounts to protect your funds.


Conclusion

Withdrawing Bitcoin from Exodus or Trust Wallet to M-Pesa or a bank account in Kenya is easy if you follow the right steps. The best method is to send BTC to a trusted exchange like Binance, Paxful, or Yellow Card, sell it for KES, and withdraw via M-Pesa.

By following this guide, you can securely convert your Bitcoin to cash and access your money anytime. Start your withdrawal today! πŸš€

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