How to Buy Bitcoin with M-Pesa on Paxful

Paxful, one of the world’s leading peer-to-peer cryptocurrency marketplaces. With over 300 payment methods supported, it enables users from ‘inaccessible’ regions to buy and sell Bitcoin with less favoured payment methods, like M-Pesa.
Paxful homepage

This article will walk you through the process of buying Bitcoin on Paxful using M-Pesa, with tips on how to trade safely on the platform.

Some Paxful vendors sell Bitcoins for as little as KShs 100; you just need to look for them. To buy Bitcoin with M-pesa on Paxful, you’ll need to have a SIM card set up for M-Pesa through supported network providers (Safaricom and Vodacom) and follow the steps below:

  1. Create a Paxful account or login
  2. Go to buy Bitcoin with M-pesa and select your preferred currency from the currency dropdown
  3. Buy Bitcoin with Mpesa step 1
  4. Enter the amount you’d like to buy in your currency and below you’ll see a selection of vendors based on their trading limits.
  5. Once you’ve found the right vendor, click the corresponding blue BUY button. Buy Bitcoin with M-pesa step 2
  6. Accept the terms of the seller. Be sure to read the recent feedback and overall reputation of the seller. Buy Bitcoin with M-pesa step 3
  7. Once you accept the offer terms, the trade will be opened and a countdown will begin based on the vendor’s set time limit. But Bitcoin with M-pesa step 4
  8. Send the exact amount to the vendors M-Pesa account before the trade expires
  9. click the blue PAID button and provide a transaction confirmation (screenshot, reference number, etc.)
  10. The coins will be sent to your Paxful wallet once the vendor has verified the trade.

You can communicate using the live chat screen to get the vendor’s M-Pesa account where the funds should be sent and also clear your doubts.

If you wish to cancel the trade, simply click CANCEL.

In most cases, releasing Bitcoin will happen in minutes when making payment with M-Pesa. When a trade is opened, the amount of Bitcoins to be traded are automatically transferred to a secure escrow wallet owned by Paxful.

If you haven’t made payment and/or provided payment proof within the time limit, the trade will be automatically cancelled and the crypto funds would be sent back to the vendor’s Paxful wallet. Once the vendor has released the Bitcoins to your Paxful wallet, you should see a change in your balance displayed at the top right of the page. You can also visit and you’ll see something similar to this:

Sometimes it doesn’t reflect immediately, so you should wait a few minutes before refreshing the page. Seen it now? Hurray, you’ve successfully completed a Paxful trade!

How to Avoid Getting Scammed on Paxful

As with every P2P platform, there are ‘scammy’ users on Paxful, so you need to be extremely careful when dealing with vendors. Here are a few tips to keep in mind:

  • Never mark the trade as completed until the Bitcoin reflects in your Paxful wallet. This is a mistake most scam victims make; they get a transaction screenshot and complete the trade in haste.
  • Be wary of vendors who haven’t verified their account (email, phone number and ID verification).
  • Before opening a trade, read through their feedback report to know other users’ experiences with the vendor.
  • Ensure you read and clearly understand the offer terms (take note of the time limit) and chat with the vendor to clear your doubts.
  • Vendors with an unusual amount of negative feedback are generally shady; avoid them like a plague.
🔝 Back to top