Last Update February 20th, 2022. 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
| Company | Fees | Countries Supported | |
|---|---|---|---|
 | Free | All countries | |
 | Free, 0.1% to 5% for sellers | Every country except for a few (see banned countries) |
2 Ways To Buy Bitcoin With M-Pesa
Binance
| 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
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Paxful
| 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
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
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.