https://ift.tt/SfWPp7s To Buy Bitcoin in Mauritius?

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.

Trusted & high liquidity

How To Buy Bitcoin in Mauritius?

Pursa

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Medium
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – GHS, KES, UGX, RWF, ZMW, NGN

Pursa exchange was launched by Mbuh Jude in September 2018. He is also the CEO/Founder of the GlobexCam Group. The company is located in Cameroon.

More info +

Impressively, this exchange allows you to buy and sell Bitcoin using any payment method that you prefer.
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

Regulated & high liquidity

How To Buy Bitcoin in Mauritius?

Coinmama

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – 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, Coinmama’s head office is in Dublin, Ireland. Using this crypto exchange, you can easily and quickly buy and sell 10 different cryptocurrencies.

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Currently, Coinmama is available in more than 150 countries around the world, and it has over 1.5 million users. Coinmama is registered under FinCEN in the U.S., but residents from 11 states aren’t allowed to use it. It is a user-friendly exchange and an excellent platform for safe, secure, and fast transactions.

⚑ Deposit fees:
0 – 5 %
⚑ Withdrawal fees:
None
⚑ Trading fees:
2.9 – 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

Established & high liquidity

How To Buy Bitcoin in Mauritius?

Binance

πŸ‘› Ease of Use – Medium
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, AUD, RUB

Over 30 million users worldwide and more than $15 billion in daily trading volume make Binance the world’s 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).

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On Binance, you can buy, sell, and trade a large number of cryptos with low fees. Two Factor Authentication, cold storage, and multi-sig wallets provide Binance users excellent security. It is considered one of the most secure cryptocurrencies exchange in the crypto sphere. Binance supports spot trading, margin trading, P2P trading, futures, earn (locked savings, fixed savings, yield farming, and DeFi staking), mining, and staking pools. You can trade more than 350 cryptos and over 1300 trading pairs.

⚑ 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.

Bottom Line
Pros
Cons
ZenGo
ZenGo
Mobile


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Bottom Line

ZenGoΒ is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.

Pros

extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account

Cons

No major flaws

Exodus
Exodus
Desktop


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Bottom Line

ElectrumΒ is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux

Pros

One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains

Cons

Not completely open source

Ledger Nano X
Ledger Nano X
Hardware


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Bottom Line

Ledger Nano XΒ is a leading and most secure cold storage wallet that connects to your device via Bluetooth.

Pros

Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet

Cons

Small display
complicated to setup for newbies

Read also:

Regulated & Established

How To Buy Bitcoin in Mauritius?

Coinbase

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – 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 +

This centralized exchange supports fiat to crypto purchases, margin trading, spot trading, staking, lending, leverage, and savings. It has more than 100 cryptocurrencies available for trade and over 220 trading pairs. Today, Cex.io is available in more than 180 countries around the globe (including the U.S.). Cex.io applies AML and KYC policies, and it is registered with The Financial Crimes Enforcement Network (FinCEN).

⚑ Deposit fees:
Β 0 – 3.99 %
⚑ Withdrawal fees:
0 – 3 %
⚑ Trading fees:
0 – 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

Regulated & high liquidity

How To Buy Bitcoin in Mauritius?

Kraken

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 2-3 Days
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – 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.

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Currently, 4 million users in over 170 countries worldwide use Kraken’s services (excluding Washington and New York in the U.S). Kraken is registered under FinCEN in the United States. Β Besides buying and selling crypto, this exchange also supports margin trading, OTC trading, market, and stop-loss limit order, staking, limit, futures, take profit market order, and more. It is an easy-to-use exchange and an ideal platform for secure, safe, and fast transactions.

⚑ Deposit fees:
EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, Β₯5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free)
⚑ Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (Β₯20) – 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

Regulated & high liquidity

How To Buy Bitcoin in Mauritius?

CoinSmart

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – CAD

As one of the trending Canadian crypto exchanges, Coinsmart was launched in 2018 by Jeremy Koven and Justin Hartzman.

More info +

The quick verification process, numerous custom tools, strong customer support, bank-grade security, and a user-friendly interface are all responsible for a large number of users the platform has gained in a short period. Although Coinsmart is more practical for newbie traders with its easy-to-use system, experienced traders can also benefit from it by using the various advanced tools it features. Canadian citizens make up the majority of users, but it is not restricted to only them, it supports over 20 countries.

⚑ Deposit fees:
0 – 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

Doesn’t support many cryptos
Fiat can be funded only in CAD

Frequently asked questions about buying Bitcoin in Mauritius

Is Bitcoin legal 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.

Is bitcoin taxable in Mauritius❓

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.

Is Kraken supported in Mauritius❓

Yes, Kraken is available in Mauritius.

How can I buy Bitcoin in Mauritius❓

You can buy Bitcoin on any of the exchanges mentioned in this article.

Where can I sell bitcoins in Mauritius❓

Pursa is the most popular crypto exchange in Mauritius.

The post How To Buy Bitcoin in Mauritius? appeared first on CaptainAltcoin.

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