How to Buy Bitcoin With M-Pesa in Kenya

Crypto exchanges that accept Mpesa

If you’re in Kenya and interested in buying Bitcoin using M-Pesa, the popular mobile money platform, this guide is for you. Kenya is one of the top markets for exchanging Bitcoins in their local currency (BTC to KES). To do this, you’ll need: A Kenyan Safaricom line with M-Pesa enabled and a reputable Bitcoin exchange that supports M-Pesa payments, such as the ones we have listed below.

Is Bitcoin legal in Kenya? While Bitcoin is not legal tender in Kenya and is not currently regulated, its decentralized nature means it doesn’t require approval from a central bank, unlike the Kenyan shilling.

Buy Bitcoin Using M-Pesa

Popular options for M-Pesa Bitcoin purchases include the following Bitcoin exchanges and apps in Kenya:

  • Binance P2P: Binance has supported M-Pesa for over three years. You can use M-Pesa to buy Bitcoin through their P2P platform. Before you trade, log in to your Binance account and make sure that you have completed Level 2 identity verification. This step helps ensure a high level of security.
  • Bitnob: Kenyan users can buy Bitcoin, fund, and withdraw Bitcoin to M-Pesa. Bitnob’s payout feature lets you receive Bitcoin directly into your wallet or split it between your Bitcoin and USD wallets.
  • NoOnes: Kenyans can use their M-Pesa accounts to purchase Bitcoin on NoOnes, a peer-to-peer marketplace. Register a NoOnes account and initiate by signing up for a free custodial Bitcoin wallet. Join Noones with this referral code to earn Bitcoin rewards.
  • Paxful: Kenyans can also use M-Pesa on Paxful, another peer-to-peer marketplace. Sign up for a Paxful account, pick M-Pesa as your payment method, and see a list of vendors that accept it.
  • Peach Bitcoin: Peach Bitcoin is a non-KYC exchange that allows you to buy bitcoins via Mpesa in Kenya. It operates as a peer-to-peer exchange, so you can buy and sell directly with other users using M-Pesa.
  • GoChapaa: GoChapaa is a Bitcoin wallet and web app that supports Kenyan Shillings. You can buy and sell Bitcoin using Mpesa and invest by scheduling buys. They are currently developing a mobile app.
  • TapSwap: TapSwap is an app for buying and selling Bitcoin simply via M-Pesa. You can start with as little as KES 1000 and there are no monthly fees.
  • Paybis: Paybis offers a streamlined process to buy Bitcoin with M-Pesa. When your payment is verified, your Bitcoin is dispatched to your wallet within minutes. Depending on the amount and other factors, you may be asked to complete verification to comply with regulations.

Buy Bitcoin with M-Pesa using Noones Referral code to Earn BTC rewards

Can I buy Bitcoin anonymously with M-Pesa? To address the question of anonymity, it’s important to note that while some exchanges may not require KYC verification, M-Pesa transactions themselves are not entirely anonymous. M-Pesa transactions are linked to your mobile phone numbers and accounts, which may be traceable. Therefore, while you may be able to buy Bitcoin with little or no identity verification on some platforms, complete anonymity may not be guaranteed when using M-Pesa. It’s essential to consider the level of privacy you require when purchasing Bitcoin with M-Pesa and choose a platform that aligns with your preferences.

Best Platforms to Buy Bitcoin with M-Pesa

Andy Owethu Avatar

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