Kenya’s first bitcoin ATM up, offers instant cash purchases

Kenya’s first bitcoin ATM was recently installed in Westlands, Nairobi in 2018. PHOTO | COURTESY OF DAVID GITONGA

East Africa’s first digital currency automated teller machine has been installed in Nairobi, making it possible to buy bitcoins and litecoins instantly in cash.

The ATM allows traders to buy the cryptocurrencies in small tokens for as low as $5, and pay for them in dollars or Kenya shillings.