This article will review the best P2P Crypto Exchanges for Africa, focusing on services that offer users safe transactions, affordable rates, and payment options that are easily accessible within the user’s country.
As the continent continues to embrace crytpos, P2P services like Binance, KuCoin, OKX, Bybit, etc, are promoting financial inclusion, providing Africans access to the global digital economy.
Key Points & Best P2P Crypto Exchanges For Africa
| Exchange | Key Point |
|---|---|
| Binance P2P | Largest liquidity and wide African coverage |
| Paxful | Strong focus on local payment methods |
| KuCoin P2P | User-friendly with multiple fiat integrations |
| OKX P2P | Low fees and global reach |
| Bybit P2P | Fast-growing platform with secure escrow |
| Remitano | Popular in Africa with escrow protection |
| BingX | Accessible fintech platform with transparent trading |
| Bitnob | Africa-focused with Bitcoin savings and P2P |
| MEXC P2P | Competitive fees and diverse crypto options |
| Bitmama | Africa-focused with stablecoin trading |
10 Best P2P Crypto Exchanges For Africa
1. Binance P2P
Binance P2P facilitates instant trade via direct bank transfer and is the biggest crypto peer-to-peer trading platform in Africa, operating in more than 30 countries, and accept very accessible currencies like the Kenyan Shilling, CFA French Franc, Ugandan Shilling, and Tanzanian Shilling.
Binance P2P also enables seamless trade and transfer of bitcoin, USDT, and other currencies with several payment methods (mobile money, bank transfers, and cards) because of the massive liquidity for all transactions and zero trading and escrow protection on the transactions.
After the expansion of Binance P2P in 2025, the platform became a dominant P2P platform for African Traders to execute safe, instant, and low-risk transactions, and has a variety of payment options. It is the most popular platform for beginners and experienced users.
| Feature | Description |
|---|---|
| Liquidity | Largest in Africa, supports 30+ countries |
| Currencies | Kenyan shilling, CFA franc, Ugandan shilling, Tanzanian shilling |
| Fees | Zero trading fees |
| Security | Escrow protection and dispute resolution |
| Payment Methods | Mobile money, bank transfers, debit/credit cards |
| Adoption | Widely used by beginners and professionals |
2. Paxful
Paxful was the most popular P2P exchange platform operating in Africa, and in particular, Nigeria, Kenya, and Ghana, for several years.
It was also the first to support crypto users and trade Bitcoin for hundred of real world payment options like mobile money, bank transfer, and even gift cards.
However, on October 2025, due to legal and compliance issues, Paxful was forced to shut down. Despite the closure
Paxful remains the first peer-to-peer platform to trade Bitcoin in Africa for gift cards, and other mobile payment methods. It also built a great deal of confidence for a peer-to-peer trading system.
| Feature | Description |
|---|---|
| Legacy | Once Africa’s leading P2P exchange |
| Payment Options | Hundreds of methods including mobile money, bank transfers, gift cards |
| Popularity | Strong in Nigeria, Kenya, Ghana |
| Shutdown | Permanently closed in October 2025 |
| Impact | Inspired trust in P2P systems and influenced new platforms |
| Alternatives | Users migrated to Binance P2P and Remitano |
3. KuCoin P2P
KuCoin P2P has become a formidable rival to others in the region, particularly with the commencement of the platform’s “African Power” Campaign in 2025. Zerofee onboarding for merchants paved the way to onboarding local seller into their marketplaces.
Trading contests with active participants winning USDT and Gold Merchant levels were also held to boost trading activity among the targeted audience.
KuCoin’s multiple fiat access, strong safety protocols, and overall platform simplicity for trading, has attracted a larger audience, both novice and veterans.
KuCoin’s primary goal of financial inclusion and trader empowerment has motivated many to consider KuCoin a Respactable immediate competitor of Binance P2P and OKX P2P in Africa.
| Feature | Description |
|---|---|
| Campaign | “African Power” launched in 2025 |
| Merchant Benefits | Zero-fee onboarding for sellers |
| Rewards | Trading contests with USDT prizes |
| Security | Strong protection and user-friendly interface |
| Fiat Support | Multiple integrations for African currencies |
| Adoption | Reliable alternative to Binance and OKX |
4. OKX P2P
OKX P2P is the most used platform in the region. The Mega Rewards campaign, boasting 50,000 USDT and multiple high tier gadgets, spread further use of the platform and services to the region in 2025.
OKX supports mobile money, bank transfer, and fintech payment. The platform also provides users with a digital guide, games, and a conflict resolution feature on the trading system to ensure a great user experience. Users appreciate the simpleness of the system for trading with confidence.
Because of OKX’s worldwide outreach and local market campaigns, it has become a favorite cryptocurrency exchange in Africa, especially for affordable and secure digital currency transactions, particularly in South Africa, Kenia, and Nigeria.
| Feature | Description |
|---|---|
| Fees | Low-cost transactions |
| Security | Strong escrow and dispute resolution |
| Campaign | Mega Rewards 2025 with USDT and gadgets |
| Payment Methods | Mobile money, bank transfers, fintech apps |
| Education | Beginner-friendly tutorials |
| Adoption | Popular in Nigeria, Kenya, South Africa |
5. Bybit P2P
Bybit P2P has been devoted to the African market. It has focused to educating the African market, engaging the community, and encouraging secure trading.
The company launched the “Africa Showdown campaign” in 2022, gifting participants USDT and various branded merchandising.
To advocate trading and security educators, Bybit Africa provided exclusive AMAs — Ask Me Anythings.
Bybit has a strong growing African base due to its educational initiatives and campaign focused escrows for financially secure trading.
Investing educational campaigns in Africa, especially in the younger population, has a great potential to become a market leader. This is the potential of Bybit P2P Africa.
| Feature | Description |
|---|---|
| Expansion | Rapid growth in Africa |
| Campaign | “Africa Showdown” with USDT rewards |
| Community | AMAs and educational sessions for African users |
| Security | Escrow system ensures safe trades |
| Rewards | Tiered system for high-volume traders |
| Adoption | Popular among young African traders |
6. Remitano
For its simplicity and escrow protection, Remitano is a trusted and long-standing P2P exchange in Africa. It is operational in more than 50 countries, and offers its users the ability to buy, and sell, Bitcoin and various cryptocurrencies, using local fiat currency.
Remitano’s hybrid wallet integrates fiat and cryptocurrency, which allows for a seamless transaction experience.
For its extensive geographical coverage, and due to its 24/7 customer support response, Remitano is a great platform for African traders.
The company has been around for quite some time and has over 15 million users around the world allowing for secure P2P trading.
There is no other company around for as long as this one in the industry making them a viable options against the likes of BingX and Bitnob.
| Feature | Description |
|---|---|
| Longevity | Operating in 50+ countries |
| Security | Escrow protection and fraud prevention |
| Wallet | Integrated fiat and crypto wallet |
| Fees | Low transaction costs |
| Support | 24/7 customer service |
| Adoption | Trusted by 15M+ users globally |
7. BingX
Utilizing the Joburg BingX Summit taking place in South Africa, BingX has started to expand into Africa. This platform is very versatile as it has spot and derivatives trading as well as copy trading and P2P. Because of this, it is a very versatile platform for an African trader.
It community focus is working well for them as it has enabled them to build a strong presence in the client base with things like live trading, educational workshops, and community driven engagement.
The focus that BingX has is an excellent innovating platform and with strong educational outreach is making them one of the more reliable exchanges for Africans.
| Feature | Description |
|---|---|
| Expansion | Active in Africa via Joburg Summit |
| Services | Spot, derivatives, copy trading, P2P |
| Community | Live sessions and workshops |
| Transparency | Clear and open trading system |
| Education | Strong outreach programs |
| Adoption | Growing presence in Africa and MENA |
8. Bitnob
Bitnob is an African focused platform that is currently building Bitcoin and payment infrastructure across Africa.
Lagos was the host city of the “Code and Chain” event in 2025, which focuses on developers, innovators and is aimed to build Africa’s Bitcoin ecosystem.
Its mission is to help users build their own financial systems with the help of crypto while providing P2P, savings, and USDT services.
Bitnob now captures the attention of long-standing cryptocurrency advocates by merging education, local innovation, and infrastructure to integrate Bitcoin into Africa’s economy. More than simply an exchange, Bitnob is now a pioneer in redefining cryptocurrencies in Africa.
| Feature | Description |
|---|---|
| Focus | Africa-centered Bitcoin infrastructure |
| Event | “Code and Chain” Lagos 2025 |
| Services | Bitcoin savings, P2P transfers, USDT |
| Mission | Empower Africans to build financial systems |
| Innovation | Education and local development |
| Adoption | Popular among long-term crypto adopters |
9. MEXC P2P
MEXC P2P commenced a new Africa and emerging markets partnership incentive in 2025 with fee-free transactions.
It also began an ambassador initiative in African cities like Lagos, Nairobi, and Accra supporting local Web3 champions. USDT, USDC, BTC, and other digital currencies are offered in the marketplace with local payments.
With a winning combination of international and domestic strategies, MEXC P2P and its growing focus on community and merchants are now a preferred, top competing marketplace in Africa with low-cost secure P2P trading.
| Feature | Description |
|---|---|
| Fees | Zero-fee trading |
| Fiat Support | NGN, EGP, and more |
| Campaigns | Long-term incentives in Africa |
| Community | Ambassador programs in Lagos, Nairobi, Accra |
| Assets | USDT, USDC, BTC supported |
| Adoption | Competitive and growing in Africa |
10. Bitmama
In 2016, Bitmama started decrypting the complexities of cryptocurrency for everyday transactions in Nigeria. It began with a WhatsApp group focused on teaching Bitcoin trading and now is a growing cryptocurrency exchange.
Bitmama solves the challenges of inflation, delayed payments, and other cross-border transactional issues with the seamless P2P transfer, stablecoin trading, and mobile-based app developed.
Bitmama’s expansion across Africa is powered by Mercy Corps and Unicorn Growth Capital. Serving Africans who need dependable peer-to-peer services, Bitmama is uniquely positioned to adapt to local economies and to focus on stablecoins.
| Feature | Description |
|---|---|
| Origin | Founded in Nigeria, 2016 |
| Services | P2P transfers, stablecoin trading |
| Accessibility | Mobile-friendly apps |
| Funding | Backed by Mercy Corps and Unicorn Growth Capital |
| Solutions | Tackles inflation and cross-border payment delays |
| Adoption | Expanding across Africa with stablecoin focus |
Conclsuion
In summary, the leading P2P crypto exchanges in Africa including Binance P2P, KuCoin, Remitano, Okx, Bybit, Bingx, Bitnob, MEXC
Bitmama, and others provide users enhanced financial inflow and outflow capabilities with its escrow service, low fees and local payment method capabilities.
They solve the problems of cross border payment inflation and cross border payments. These companies integrate Africa’s crypto adoption and it’s digital economic empowerment.
FAQ
A peer-to-peer (P2P) exchange connects buyers and sellers directly, using escrow for secure transactions.
Binance P2P is the most widely used due to its liquidity, zero fees, and support for local currencies.
No, Paxful shut down in October 2025, but alternatives like Binance P2P and Remitano remain strong.
Platforms like Binance P2P, OKX, Yellow Card, and Bitmama support mobile money widely used in Africa.
Yes, most use escrow protection and dispute resolution, but users should trade with verified merchants.
