How to Buy Bitcoin from Minmo within Bitsacco Community
Prerequisites
Complete these guides first for the best experience:
An easy-to-follow guide for new and existing users on securely depositing funds into your self-custodial Bitsacco wallet within the Fedi application using the integrated Bitsacco community miniapp. This process leverages the Federation's shared security and privacy features for seamless Bitcoin transactions.
What you'll learn
- Navigate the Fedi App and Bitsacco Community miniapp to securely deposit funds (Bitcoin) into a self-custodial Bitsacco wallet.
Expected Outcomes
- You will have successfully funded your self-custodial Bitsacco wallet in the Fedi App by utilizing the Bitsacco community miniapp, confirming the deposited Bitcoin balance.
Step-by-step instructions
Access the Buy Bitcoin Mini App
Open your Fedi wallet and navigate to the Bitsacco community. Under "Community Mini Apps," tap on Buy Bitcoin (the MINMO icon with stacked layers).
Enter Your Swap Details
On the MINMO "Swap to Lightning" screen:
- Confirm phone number (+254 7XXXXXXXX).
- Enter KES amount to swap (e.g., 20 KES).
- Review conversion rate (e.g., 1 KES = 8.83 sats).
- Check resulting sats (e.g., 176.7 sats for 20 KES).
Tap Swap Now to proceed.
Review the Transaction
A confirmation popup will display:
- The amount being sent, including the conversion (e.g., "177 sats from 20 KES").
- The USD equivalent value of the transaction.
- Your destination wallet (Bitsacco).
Tap "Accept" to proceed, or "Reject" to cancel.
Complete M-Pesa Payment
You will get an M-Pesa payment prompt on your phone.
- It will look similar to: "Do you want to pay Kshs. 20 to PAYBUDDY Account no. YRLW83M?"
- Enter your M-PESA PIN in the field provided.
- Tap "SEND" to authorize the payment.
Track Your Swap Progress
The app displays a "Swap Progress" screen with three main stages:
- Waiting for M-Pesa (Complete M-Pesa payment).
- Converting to Lightning (KES converting to Bitcoin Lightning).
- Lightning Sent (Bitcoin being sent to your Fedi wallet).
A "Swap completed successfully! Check your Fedi wallet" notification, all three stages marked with green checkmarks, and a unique Swap ID will confirm completion.
Verify Your Balance
Navigate to the Wallets tab in Fedi app to confirm:
- Your Bitcoin balance has increased (shown in both USD and SATS)
- The transaction appears in your Bitsacco wallet
Important Notes
- The conversion rate between KES and sats may vary
- Keep your Swap ID for transaction reference
- Ensure you have sufficient M-Pesa balance before initiating a swap
- The process typically completes within a few minutes
Conclusion
Funding your self-custodial Bitsacco wallet in Fedi app is simple and secure. Through the integrated Bitsacco miniapps and M-Pesa, you convert KES directly to Bitcoin (sats) deposited into your wallet. This process, leveraging the Federation's privacy and security, provides a quick path to owning and using self-custodied Bitcoin for savings, payments, and other Bitsacco community financial activities.