Country Guide
Best Crypto Exchanges in Tanzania (2026)
Tanzania's crypto market is emerging with growing adoption. We've tested the top exchanges offering TZS deposits, mobile money support, and reliable service for Tanzanian traders.
By Itai Varochik | Updated February 21, 2026
Top Exchanges in Tanzania
| # | Exchange | Best For | Fees | Type |
|---|---|---|---|---|
| 1 | Binance | P2P with mobile money | 0.1% spot | Global |
| 2 | KuCoin | Altcoin variety | 0.1% spot | Global |
| 3 | Bybit | Derivatives trading | 0.1% spot | Global |
| 4 | Luno | Simple interface | Variable | Africa-focused |
| 5 | OKX | Low fees | 0.08% spot | Global |
Tanzania is seeing increasing cryptocurrency adoption, particularly among younger populations seeking alternative financial services. While the regulatory framework is still developing, international exchanges with P2P capabilities serve the growing Tanzanian crypto community.
How We Chose the Best Exchanges for Tanzania
We evaluated exchanges based on accessibility from Tanzania, TZS deposit methods (especially mobile money via M-Pesa and Tigo Pesa), P2P trading activity, fees, security features, and educational resources.
Key Considerations for Tanzanian Traders
Mobile money is the primary on-ramp for crypto in Tanzania. P2P platforms with active TZS markets provide the best access. Traders should prioritize exchanges with strong escrow protections and verification processes to ensure safe transactions.
Payment Methods
M-Pesa (Vodacom), Tigo Pesa, and Airtel Money are the most popular payment methods through P2P platforms. Bank transfers from local banks like CRDB and NMB are also used. International card payments are available but less common.
Crypto Regulations in Tanzania
Tanzania's regulatory stance on cryptocurrency has evolved. The Bank of Tanzania initially warned against crypto, but the government has shown increasing openness to digital assets and blockchain technology. There is no specific cryptocurrency legislation, though financial authorities are exploring regulatory frameworks. Traders should stay informed about regulatory developments.
Frequently Asked Questions
Is cryptocurrency legal in Tanzania?
Tanzania has not formally legalized or prohibited cryptocurrency. The government has shown growing interest in digital assets, but specific regulations are still in development.
How can I buy crypto with TZS?
P2P trading on Binance is the most popular method, supporting M-Pesa, Tigo Pesa, and bank transfers for TZS payments.
Which mobile money services work for buying crypto?
M-Pesa (Vodacom), Tigo Pesa, and Airtel Money are commonly used through P2P platforms on exchanges like Binance.