Can you Buy Bitcoin with M-Pesa ?
Yes, you can buy Bitcoin with M-Pesa through BitValve P2P crypto exchange.
M-pesa is a mobile money transfer service, from Vodafone Group, available in 12 countries: Kenya, Tanzania, Ghana, Romania, Mozambique, Albania, Afghanistan, India, DRC, Egypt, South Africa, and Lesotho.
Kenya is one of the top markets for exchanging bitcoins in their local currency ( BTC to KES ), along with Nigeria (BTC to NGN). The coin is still relatively unknown in the country because too many people think bitcoin sounds like a scam waiting to implode. Ideally, there is no law preventing people from exchanging assets. The Central Bank of Kenya discourages people from trading it because it is not a legal tender.
Steps to buy Bitcoin with M-Pesa
Step 1
Register on BitValve
In order to buy bitcoin with M-Pesa Mobile Money you must create a BitValve account. Your BTC Wallet is instantly created after registration.
Step 3
Choose M-Pesa as Payment Method
Then choose M-Pesa Mobile Money, from the Payment Method List, as shown in the image
Step 4
Find a cheap offer
Go through the Bitcoin offers, and choose an Offer with the lowest margin.
Step 6
Lets Trade!
Start the Trade, by clicking the "Start Trade" button.
Step 9
Check your Bitcoin Wallet
After the Trade is successfully completed, your BTC is credited directly in the BitValve built-in multi crypto wallet.
Similar Payment Methods
Pros & Cons when buying BTC with M-Pesa
Pros
Ease of Use
Available in all major African countries
Secure App
Cons
Can only be used with Internet Connectivity
Not available to rest of African and MENA countries
Risk of Fraud
Are there any fees when i Buy Bitcoin with M-Pesa ?
The total cost depends on the offer you select, as sellers/buyers set their own prices. BitValve charges a small commission fee only to the offer owner.
Is it safe to Buy Bitcoin with M-Pesa ?
Yes, it is safe as long as you follow the rules and always trade with escrow. Some payment methods may have a risk of chargebacks. Traders must do their own Due Diligence.
Do I need verification to Buy Bitcoin with M-Pesa in BitValve ?
You can buy or sell cryptocurrencies without Verification up to 1000 USD per year.
Is BitValve affiliated, endorsed by, or supported by this Payment Method?
BitValve is not affiliated with, endorsed by, or supported by any payment method. All payment methods available on the platform are created and offered by individual traders at their own discretion.