How To Buy Bitcoin in Mauritius?
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Easiest and cheapest ways to buy crypto in Mauritius
Getting bitcoins in Mauritius is not an easy task as not all popular crypto exchanges are available to Mauritius citizens. This is a current list of bitcoin exchanges that allow users from Mauritius to buy crypto. They all support buying crypto with credit/debit cards but some of them offer other payment methods as well.
Also, the exchange supports over 230 countries including Kenya, Ghana, Cameroon, Nigeria, and Chad.
Deposit fees:
Free
Withdrawal fees:
None
Trading fees:
N/A
Payment Methods:
EUR Bank Transfer, MasterCard, MTN Mobile Money, Orange Money, US Bank Transfer, or VISA
Supported fiat:
USD, XAF, GHS, KES, UGX, RWF, ZMW, NGN
Β Various payment methods
Β Supports many countries
Β instant buy/sell (no registration needed)
Supports only BTC
Coinmama
Fees β High
Verification β 1 Day
Reputation β Trusted
Supported fiat β USD, EUR, GBP, CAD, AUD
Coinmama is one of the oldest centralized cryptocurrency exchanges on the market. It was founded in Israel in 2013. Today, Coinmamaβs head office is in Dublin, Ireland. Using this crypto exchange, you can easily and quickly buy and sell 10 different cryptocurrencies.
More info +
Deposit fees:
0 β 5 %
Withdrawal fees:
None
Trading fees:
2.9 β 3.9 %
Payment Methods:
Bank Transfer (SEPA), SWIFT, Fedwire, Bank cards, Open Banking, Google Pay, Apple Pay, Skrill
Supported fiat:
USD, EUR, GBP, CAD, AUD
Β 150+ countries supported
Β Mobile App (iOS and Android)
Β Various payment methods
Quick verification process
Fees above the industry average
Only 10 cryptocurrencies
Binance
Fees β Low
Verification β 1 Day
Reputation β Trusted
Supported fiat β USD, EUR, GBP, AUD, RUB
Over 30 million users worldwide and more than $15 billion in daily trading volume make Binance the worldβs largest centralized cryptocurrencies exchange. Originally from Hong Kong and now from the small European island of Malta, this exchange was founded in July 2017, and it quickly became the most used exchange on the market. Binance is supported in 60+ countries (excluding the U.S).
More info +
Deposit fees:
Free
Withdrawal fees:
Vary from crypto to crypto
Trading fees:
0.1%
Payment Methods:
Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more
Supported fiat:
USD, EUR, GBP, AUD, RUB, and 15+ more
Β Low fees
Β High liquidity
Β Lite and Pro version
350+ cryptos and 20+ fiat currencies
Not accessible to U.S. users
Hacked in 2019
Best Bitcoin Wallets in Mauritius
It is never a good idea to keep your coins on an exchange as that exposes you to numerous risks (exchange hacks, fund freezes by the exchange or some government regulatory body, etc). That is why you should use one of the wallets we list below to store your digital assets. The safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.
ZenGoΒ is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.
extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account
No major flaws
ElectrumΒ is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux
One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains
Not completely open source
Ledger Nano XΒ is a leading and most secure cold storage wallet that connects to your device via Bluetooth.
Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet
Small display
complicated to setup for newbies
Read also:
- How To Buy Bitcoin in Ethiopia?
- How To Buy Bitcoin in Mongolia?
- How To Buy Bitcoin in Lebanon?
- How To Buy Bitcoin in Morocco?
Coinbase
Fees β High
Verification β 1 Day
Reputation β Trusted
Supported fiat β USD, EUR, GBP, RUB
Founded in 2013 in London, UK, and with over 4 million users, Cex.io is among the oldest cryptocurrency exchange platforms on the market. On Cex.io, you can buy, sell, trade, and store over 100 cryptocurrencies.
More info +
Deposit fees:
Β 0 β 3.99 %
Withdrawal fees:
0 β 3 %
Trading fees:
0 β 0.25 %
Payment Methods:
Credit Card, Bank transfer, ACH, Epay, Skrill, SEPA, Faster Payments
Supported fiat:
USD, EUR, GBP, RUB
Β Regulated and licensed
Β Well Established Company
Β Mobile App (Android and iOS)
Great support
Lower liquidity than other exchanges
Extensive Verification Process
Kraken
Fees β Average
Verification β 2-3 Days
Reputation β Trusted
Supported fiat β USD, EUR, GBP, JPY, CAD
Founded in 2011 in San Francisco, California, Kraken is one of the oldest and largest crypto exchanges in the business. This centralized cryptocurrency exchange allows its users to quickly and securely buy and sell over 90 cryptocurrencies.
More info +
Deposit fees:
EUR SEPA Deposit (Free) β EEA countries only USD Bank Wire Deposit ($5 USD) β US onlyEUR Bank Wire Deposit (β¬10) β outside the US only USD Bank Wire Deposit ($10 USD) β outside US onlyJPY Bank deposit (Free, Β₯5,000 deposit minimum) β Japan-only USD, Wire Deposit (Free)
Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (β¬0.09) β EEA countries only USD Bank Wire Withdrawal ($5 USD) β US only USD Bank Wire Withdrawal ($60 USD) β outside US onlyEUR Bank Wire Withdrawal (β¬60) β outside US onlyJPY Bank withdrawal (Β₯20) β Japan onlyCAD EFT Withdrawal ($10 CAD)
Trading fees:
Maker: 0.16%Taker: 0.28%
Payment Methods:
Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko
Supported fiat:
USD, EUR, GBP, JPY, CAD
Β Available almost worldwide
Β High security
Β Over 90 cryptocurrencies
Various payment methods
Fees slightly above the industry average
No tax support
Deposit fees:
0 β 6 %
Withdrawal fees:
1% ($15 Minimum)
Trading fees:
0.20% for a single trade and 0.40% for double trade
Payment Methods:
Interac E-transfer, Bank draft, SEPA, Wire transfer, Credit card, Debit card, Simplex, and Crypto assets
Supported fiat:
CAD
Β Low Trading Fees
Β 24/7 Customer support
Β Easy-to-use
Regulated platform
Doesnβt support many cryptos
Fiat can be funded only in CAD
Frequently asked questions about buying Bitcoin in Mauritius
Mauritius has Bitcoin-friendly legislation, welcoming Bitcoin and other cryptocurrencies within its borders. Unfortunately, the island nation only has a few exchanges for its citizens to use. Coinmama is a popular option in the country and is available to nearly every nation in the world.
It is suggested that the Mauritius Income Tax Act 1995 be amended to charge bitcoin income in the form of either aΒ property taxΒ or capital gains in order to be included in the definition of gross income.
Yes, Kraken is available in Mauritius.
You can buy Bitcoin on any of the exchanges mentioned in this article.
Pursa is the most popular crypto exchange in Mauritius.
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