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Last Update April 23rd, 2021. M-Pesa is Africa's leading mobile phone-centered payment network.

M-Pesa is also a popular method of payment for buying and selling bitcoin in large amounts.

If you are buying or trading bitcoin in high volumes with M-Pesa our recommendation is to use Paxful for your trading needs.

Where To Buy Bitcoin With M-Pesa

 CompanyFeesCountries Supported
Binance Icon
Binance

FreeAll countries
Paxful Icon Resized
Paxful

Free, 0.1% to 5% for sellersEvery country except for a few (see banned countries)

2 Ways To Buy Bitcoin With M-Pesa

Binance

Binance Homepage

Rating:
Website:binance.com
CEO:Changpeng Zhao
Headquarters:Malta, European Union
Founders:Changpeng Zhao, Yi He
Founded:2017
Customer service:Knowledge Base

Binance is a first-rate exchange for experienced traders who are looking for a respectable cryptocurrency marketplace to perform real-time trades.

With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of tools and pairs available to them within one powerful trading platform.

Binance accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.

Pros

  • Trustworthy management
  • High volume exchange
  • Low fees
  • A large number of cryptocurrency pairs
  • Global support

Cons

  • Few payment options

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Paxful

Paxful Homepage

Rating

Website:paxful.com
CEO:Ray Youssef
Headquarters:New York, New York
Founders:Ray Youssef, Artur Schaback
Founded:2015
Customer service:Knowledge Base
More information:Read Review

Paxful is a person-to-person marketplace that supports over 300 payment methods.

Paxful gives vendors the ability to create offers in all currencies.

Pros

  • Escrow system
  • Security
  • Diverse payment methods
  • Simple user interface (UI)
  • Wide variety of sellers

Cons

  • Buyers and sellers are at risk of being scammed

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

What Is M-Pesa?

Introduced in 2007 by Safaricom and Vodafone in Kenya, M-Pesa is a mobile-centered financial services network that gives customers access to an online wallet with withdrawals, deposits, transfers, micro-financing, and payments allowed. M-Pesa is one of the most popular payment methods in Kenya.

The M-Pesa app is available for smartphones in major countries on both iOS and Android devices.

How M-Pesa Works

Where Is M-Pesa Supported?

There are active M-Pesa agents located in Congo, Egypt, Ghana, Kenya, Lesotho, Mozambique, and Tanzania. The M-Pesa service has also been a catalyst for growth in countries like Afghanistan, India, and Romania.