Bybit Launches TradFi in Kenya For Local Traders

Cryptocurrency exchange platform, Bybit has on Thursday launched Tradfi feature for Kenyan users, giving them direct access to trade forex, commodities, and global stock indices using USDT.

The launch marks a significant milestone for Kenya’s growing digital finance community, offering a new gateway for local traders to participate in traditional financial markets without the need for banks, brokers, or complex platforms.

“Kenya has always been ahead of the curve when it comes to fintech adoption,” said Bybit Head for Africa.

 

With TradFi, we’re empowering users to earn in USD, diversify their portfolios, and trade global assets from the convenience of their smartphones.

 What is Tradfi?

TradFi is Bybit’s latest innovation that allows users to:

• Trade major forex pairs (e.g., EUR/USD, GBP/JPY)
• Invest in commodities (e.g., gold, crude oil)
• Speculate on global indices (e.g., S&P 500, NASDAQ)

All trades are settled in USDT, a stablecoin pegged to the US dollar. This means Kenyan users can trade global markets 24/7 using their crypto wallet, no bank account or forex broker required.

Why This Matters for Kenyan Traders

Kenya’s economy is increasingly digital, with more youth and professionals turning to side hustles and online investment platforms. Tradfi empowers them to:

• Earn in stable USD, helping hedge against local currency fluctuations
• Access global financial markets without high entry costs
• Trade everything: crypto, forex, commodities, all on one secure app

Bybit Tradfi is designed for the mobile-first African user, making it easier than ever to build wealth through diversified trading strategies.

 How to Get Started

Kenyans can start using TradFi by simply:

1. Downloading the Bybit app on Android or iOS
2. Completing identity verification (KYC)
3. Depositing USDT or converting from other crypto
4. Navigating to Tradfi and starting to trade instantly

With no minimum balance required to begin, Tradi offers one of the most accessible and secure trading experiences available in the market today.