Binance P2P in Africa

P2P Marketplace

Binance P2P connects buyers and sellers directly. Individual advertisers choose their exchange rates, transaction limits and accepted local payment methods while the platform provides the P2P marketplace and crypto escrow process.

Last reviewed: August 2026

Nigeria

Binance does not currently provide an NGN P2P market.

At a glance

Provider type
P2P marketplace
MVP coverage
Kenya, Ghana, Uganda, Tanzania
Main assets
USDT and other supported P2P assets
Pricing
Advertiser-set
KYC
Required for P2P use

Verified CryptoPayAfrica country coverage

Ghana

  • GHS P2P supported.
  • MTN Mobile Money and other local Mobile Money methods are available depending on current offers.

Uganda

  • UGX P2P supported.
  • Verified payment routes include MTN Mobile Money and Airtel Money.

Tanzania

  • TZS P2P supported.
  • Payment-method markets include M-Pesa and Tigo Pesa, with bank options also appearing.

Pricing, KYC and published fees

How pricing works

Advertiser-set. Each advertisement carries its own rate, limits and payment methods.

KYC

Required for P2P use.

Fees where stable or public

  • Binance advertises zero platform trading fees for eligible P2P user trades.
  • This does not mean every offer has the same cost because individual advertisers set their own exchange rates.

Binance P2P FAQ

Is Binance P2P an exchange against Binance itself?

No. Trades happen between individual users. Binance provides the marketplace and the crypto escrow process while the counterparty sends or receives the local currency.

Does Binance P2P support M-Pesa?

M-Pesa appears among the payment methods in the Kenyan USDT/KES market. Availability depends on the advertisements active at the time you look.

Does Binance P2P still support NGN?

Binance does not currently provide an NGN P2P market for Nigerian users.

Does Binance P2P charge a trading fee?

Binance advertises zero platform trading fees for eligible P2P user trades, but the advertiser's exchange rate still determines what the trade actually costs you.

Ready to check current Binance P2P terms?

CryptoPayAfrica is an independent information and comparison service. We do not operate or represent this provider and we do not execute cryptocurrency transactions. Product availability, fees, payment methods and regulatory status may change. Verify current information directly with the provider before transacting.