The reading
On 3 November 2026, buying USDT with KSh 10,000 cost about KSh 129.70 per USDT on Binance, KSh 129.94 on OKX, KSh 130.30 on Bybit and KSh 131.99 on MEXC. Selling KSh 10,000 worth paid about KSh 129.40 per USDT on OKX, KSh 129.31 on Binance, KSh 128.81 on Bybit and KSh 128.28 on MEXC.
What it cost to buy 1 USDT
| Exchange | KSh 2,000 order | KSh 10,000 order | KSh 100,000 order |
|---|---|---|---|
| Binance | KSh 129.81best advert KSh 129.64 | KSh 129.70best advert KSh 129.62 | KSh 129.65best advert KSh 129.60 |
| OKX | KSh 129.94best advert KSh 129.80 | KSh 129.94best advert KSh 129.80 | KSh 130.73best advert KSh 130.15 |
| Bybit | KSh 130.30best advert KSh 129.65 | KSh 130.30best advert KSh 129.65 | KSh 130.29best advert KSh 129.65 |
| MEXC | KSh 131.27best advert KSh 129.95 | KSh 131.99best advert KSh 130.55 | KSh 130.55best advert KSh 130.55 |
Lower is better when you buy. The shaded cell is the lowest typical price for that order size.
What you got for selling 1 USDT
| Exchange | KSh 2,000 order | KSh 10,000 order | KSh 100,000 order |
|---|---|---|---|
| Binance | KSh 129.32best advert KSh 129.63 | KSh 129.31best advert KSh 129.68 | KSh 129.31best advert KSh 129.39 |
| OKX | KSh 129.44best advert KSh 129.58 | KSh 129.40best advert KSh 129.58 | KSh 129.35best advert KSh 129.59 |
| Bybit | KSh 123.37best advert KSh 129.10 | KSh 128.81best advert KSh 129.35 | KSh 129.06best advert KSh 129.40 |
| MEXC | KSh 128.00best advert KSh 129.20 | KSh 128.28best advert KSh 129.20 | KSh 128.28best advert KSh 129.20 |
Higher is better when you sell. The shaded cell is the highest typical price for that order size.
How to read the two numbers. The large figure is the typical price: the middle of the 10 best prices among adverts that accept that order size, from advertisers showing at least 10 completed orders and a 90% completion rate. "Best advert" is the single best of those. We use the typical price for comparisons because one unusually good advert is often small, gone in minutes, or open only to some users.
Work out your own amount
Enter an amount to see what each exchange's typical price gives.
An estimate from the reading above, using the order size closest to your amount.
What the exchanges say about fees. Binance announced in March 2024 a flat taker fee of 0.05 USDT per order on USDT pairs in most fiat markets, and we have not confirmed it is unchanged (Binance). OKX says it charges zero fee on P2P trading (OKX). Bybit lists a 0% fee for the person taking an advert, and charges advertisers in a few currencies (Bybit). MEXC describes a zero-platform-fee policy for P2P (MEXC). Where no fee is charged the price you accept is the cost of the trade, though your bank or wallet may charge for the transfer.
Featured and promoted adverts against the ordinary list
Some adverts are pinned above the ordinary list (labelled "Promoted Ad" on Binance, shown in a highlighted box on OKX, labelled "Featured" on Bybit and MEXC). At this reading they compared with the ordinary adverts as follows.
| Exchange | You are | Pinned price | Typical price | Difference on 100 USDT |
|---|---|---|---|---|
| Binance selling | selling | KSh 123.59 | KSh 129.31 | KSh 572 worse (4.4%) |
| Binance buying | buying | KSh 136.10 | KSh 129.70 | KSh 640 worse (4.9%) |
| OKX selling | selling | KSh 124.25 | KSh 129.40 | KSh 515 worse (4.0%) |
| Bybit selling | selling | KSh 129.35 | KSh 128.81 | KSh 54 better |
| Bybit buying | buying | KSh 133.00 | KSh 130.30 | KSh 270 worse (2.1%) |
| MEXC selling | selling | KSh 128.88 | KSh 128.28 | KSh 60 better |
| MEXC buying | buying | KSh 129.44 | KSh 131.99 | KSh 255 better |
We record what the lists show. We do not know how an advert comes to be pinned, so we draw no conclusion about why. The practical point is simple: scroll past the pinned adverts and compare before you pick.
The gap between buying and selling
If you buy USDT and later sell it back on the same exchange, this gap is what the round trip gives up before any price change. For a KSh 10,000 order:
| Exchange | Typical buy | Typical sell | Gap per USDT | As a share |
|---|---|---|---|---|
| Binance | KSh 129.70 | KSh 129.31 | KSh 0.39 | 0.30% |
| OKX | KSh 129.94 | KSh 129.40 | KSh 0.54 | 0.42% |
| Bybit | KSh 130.30 | KSh 128.81 | KSh 1.49 | 1.16% |
| MEXC | KSh 131.99 | KSh 128.28 | KSh 3.71 | 2.89% |
The Kenya P2P market at a glance
Counted from the full advert lists at the same reading. "Buy from" means adverts selling USDT to you; "sell to" means adverts buying it from you.
| Exchange | Adverts to buy from | Adverts to sell to | Smallest order | Take KSh 1,000 or less | Usual time to pay |
|---|---|---|---|---|---|
| Binance | 133 | 536 | KSh 1,000 | 42% | 15 min |
| OKX | 71 | 157 | KSh 100 | 77% | 30 min |
| Bybit | 21 | 146 | KSh 150 | 59% | 15 min |
| MEXC | 11 | 33 | KSh 240 | 91% | 15 min |
"Take KSh 1,000 or less" is the share of adverts you can buy from whose minimum order is at or under that amount. "Usual time to pay" is the payment window most of those adverts set. Bybit is counted with the filter its page applies by default (verified advertisers); without it there were 72 to buy from and 219 to sell to.
Payment methods advertisers accept
- Binance. When you buy: M-Pesa 99%, Bank transfer 47%, Equity Bank 20%, Airtel Money 9%. When you sell: M-Pesa 92%, Bank transfer 41%, Equity Bank 31%, Airtel Money 28%.
- OKX. When you buy: M-Pesa 97%, I&M Bank 32%, Airtel Money 17%, Bank transfer 10%. When you sell: M-Pesa 95%, I&M Bank 61%, Airtel Money 58%, Bank transfer 50%.
- Bybit. When you buy: M-Pesa 76%, Airtel Money 47%, I&M Bank 29%, Bank transfer 24%. When you sell: M-Pesa 97%, Airtel Money 90%, Bank transfer 44%, Equity Bank 22%.
- MEXC. When you buy: M-Pesa 100%, I&M Bank 45%, Airtel Money 36%, Bank transfer 18%. When you sell: M-Pesa 97%, I&M Bank 70%, Bank transfer 55%, Airtel Money 45%.
Share of adverts on each list that accept the method. An advert can accept several, so the shares add up to more than 100%.
Daily readings
BinanceOKXBybitMEXC
BinanceOKXBybitMEXC
| Date | Binance | OKX | Bybit | MEXC | ||||
|---|---|---|---|---|---|---|---|---|
| Buy | Sell | Buy | Sell | Buy | Sell | Buy | Sell | |
| 3 Nov | 129.70 | 129.31 | 129.94 | 129.40 | 130.30 | 128.81 | 131.99 | 128.28 |
| 2 Nov | 129.32 | 129.10 | 129.44 | 129.01 | 130.48 | 128.28 | 130.60 | 128.25 |
| 1 Nov | 129.54 | 129.19 | 129.96 | 129.05 | 130.96 | 126.91 | 132.17 | 128.00 |
| 31 Oct | 126.82 | 127.90 | 131.32 | 130.07 | 131.42 | 127.08 | 132.40 | 128.28 |
| 30 Oct | 127.25 | 128.25 | 130.62 | 129.87 | 130.95 | 129.20 | 132.05 | 128.25 |
| 28 Oct | 129.98 | 129.84 | 130.17 | 129.77 | 130.87 | 129.00 | 131.40 | 128.53 |
| 27 Oct | 129.93 | 129.85 | 130.17 | 129.50 | 130.62 | 129.00 | 131.62 | 128.53 |
| 26 Oct | 130.08 | 130.02 | 130.45 | 129.89 | 130.85 | 127.90 | 132.99 | 129.03 |
| 25 Oct | 130.34 | 130.06 | 130.32 | 129.83 | 130.80 | 129.32 | 127.50 | 128.91 |
| 24 Oct | 130.09 | 129.93 | 130.14 | 129.64 | 130.60 | 128.88 | 130.38 | 128.53 |
| 23 Oct | 129.98 | 129.88 | 130.00 | 129.48 | 130.80 | 127.90 | 130.35 | 128.41 |
| 22 Oct | 129.63 | 129.62 | 129.68 | 129.31 | 130.45 | 128.60 | 131.17 | 128.43 |
| 21 Oct | 129.53 | 129.30 | 129.64 | 129.07 | 130.30 | 128.70 | 130.40 | 128.05 |
| 20 Oct | 129.81 | 129.66 | 129.95 | 129.51 | 130.57 | 129.26 | 130.40 | 127.90 |
Typical price per USDT for a KSh 10,000 order. 23 readings so far. The table keeps the last reading of each day. Download every reading as CSV (all three order sizes, best and typical price, featured prices).
Before you trade on P2P
- Set your amount first. The price changes with order size, as the tables show, so compare adverts that actually accept what you want to trade.
- Scroll past the pinned adverts. Compare them with the ordinary adverts below before you pick.
- Read the advertiser's numbers. Completed orders and completion rate are shown beside each advert. This page ignores advertisers under 10 orders or 90%.
- Keep the chat and the payment on the platform. Bybit's P2P page tells users never to move the conversation off the platform and not to use third-party or split payments (Bybit P2P).
- Know what protects you. MEXC describes its P2P as an escrow: the seller's crypto is locked and released only after payment is confirmed (MEXC Learn).
How this is read, and what it cannot tell you
Every day, usually twice, a script opens the public USDT advert list each exchange shows to anyone, for three order sizes on each side, and records the prices. The exact time is printed at the top of this page. For Bybit we read the list with the filter its own page applies by default, which shows verified advertisers only. Adverts open only to takers in another country are left out. No account is used and nothing is traded.
- It is one reading, not a live quote. P2P prices move through the day. Use the tables to see how the exchanges compare, then check the live list.
- Adverts carry conditions. An advertiser can require a minimum account age, a number of completed trades or a verification level. The public list does not tell us whether you meet them, and some of the best prices are open only to some users.
- These are advert prices, not completed trades. We do not measure how fast an advertiser pays or releases.
- We keep prices, limits and payment-method names only. Nothing about any advertiser is stored.
The readings are free to reuse under Creative Commons Attribution 4.0 with a link to this page. More on how we collect figures is in how we measure and check. Spotted something wrong? Tell us.
The exchanges in this reading
Some broker links are referral links; we may earn a commission at no cost to you. It never changes our ranking.
Crypto is volatile and you can lose money. A P2P trade is a deal with another person: check the advert, the name on the account and the payment before you release or mark anything as paid. Education only, not financial advice.