Yellow Card Kenya Wallet Guide, Registration, Login, and Contacts
The technological world has advanced rapidly over the years, resulting in the rise of digital currency. Crypto is secured using cryptography to ensure that unauthorized people do not have access to other people’s information. This way, you do not have to stress about the possibility of someone accessing your crypto coins without your knowledge.
One of the most successful types of cryptocurrency is Bitcoin which came into being in 2008. A Bitcoin holder can exchange it for their preferred currency or use it to acquire goods and services from sellers who accept digital currency as a form of payment.
Also, one can choose to take cryptocurrency as an investment opportunity involving buying and selling crypto. However, you should know that, with this engagement, there is no guarantee that you’ll earn massively.
Yellow Card is an exchange platform that allows traders to sell and buy Bitcoin in Kenya. Also, coins can be sent from one wallet or another, provided the receiver gives the sender their wallet address.
It is used by traders in Kenya, the United States, South Africa, Uganda, Malawi, Nigeria, Ghana, and Tanzania, among other countries.
Before diving into the Crypto trading business, take note of the pros and cons listed below:
Pros
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High security
This business is secure, as the transaction can only happen upon the buyer’s or seller’s approval. As such, do not worry that Bitcoin in your wallet will end up in another’s wallet without receiving the equivalent amount of money.
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Transparency
You can see all completed and pending transactions that happen with your consent through Blockchain technology. Therefore, there is no need to worry about the possibility of someone altering your transaction.
Cons
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Cyber security threats
Regardless of the security measures that have been put in place, cryptocurrency is digital and vulnerable to cyber security threats. For instance, if the device you’re using to access your crypto exchange platform is infected with malware, there is a probability that hackers will get your login details and transact without your knowledge, so you must be alert.
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Volatility
As hinted earlier, you can gain or lose substantially when trading Bitcoin, for instance. One day Bitcoin may be worth a lot of money when changed into your currency, and the same could change in a few hours, so you must be ready to deal with such unpredictable fluctuations.
Yellow Card Kenya Wallet Registration and Login
You need to register an account on Yellow Card, as doing this will allow you to buy and sell crypto plus load your digital wallet. Follow the steps below during the registration process:
- Visit the Yellow Card Kenya website, https://yellowcard.io/kenya/.
- On the top right corner, click on get started to create a new account.
- Provide requested information as below:
- First and last names.
- Date of Birth.
- Phone number.
- Email Address.
- A strong password.
- Promo code (if you have one).
- Click Sign up.
- Enter the one-time pin you’ll receive to verify your phone number.
- Click on the link sent to your mailbox to verify the email address you’ve provided.
- Upon both verifications, set a 4-digit pin that you’ll use for your transactions.
- Click on the pop-up that will direct you to the verification page, after which you should upload a copy or photo of your Government-issued ID card. Verification may take a few seconds or days, depending on the number of people who’ve sent their IDs for verification. Once this process is done, you can now buy and sell cryptocurrency on the Yellow Card platform.
In the future, you can log into your account without following all the registration steps above. All you have to do is:
- Visit the Yellow Card Kenya website, https://yellowcard.io/kenya/.
- Click on sign-in on the top right corner of your screen.
- Enter your phone number and password. Ensure that these are the details you gave during registration. Otherwise, you’ll not access your account.
- Click Log in.
In case you forget your password, no need to worry, as you can easily reset your password by following the steps below:
- Navigate to the login page.
- Click on forgot password.
- Enter your phone number.
- Enter your preferred password twice.
- Click on ‘send password reset code’.
- Enter the reset code that will be sent via email.
- You can now use your newly set password.
Let your password be a secret so that no one transacts using your account or steals your cash.
Yellow Card Kenya Contacts
Website: https://yellowcard.io/kenya/