5 Sectors Accepting Bitcoin as a Payment Option in Kenya

Bitcoin in Kenya has moved beyond its early days as a niche, peer-to-peer (P2P) activity to a more mainstream payment method, supported by crypto exchanges, Bitcoin ATMs, and uptake in both informal and formal business sectors.

The number of Kenyans owning cryptocurrency has now reached an estimated 6.1 million, representing roughly 10.7% of the population. Active users surged from about 10,400 in 2017 to a projected 733,300 by 2025.

Globally, Kenya ranks fifth for cryptocurrency transaction volumes as of late 2025, while overall adoption, including retail and P2P value, places the country 28th worldwide according to Chainalysis 2024 data.

Between July 2023 and June 2024, Kenyans conducted around KSh 426.4 billion ($3.3 billion) in stablecoin transactions alone.

Who is Using Bitcoin in Kenya

Users aged 18–34 make up 36% of bitcoin owners in Kenya, matching the 36% share held by those 55 and older. Gender-wise, approximately 60% of cryptocurrency owners are male.

Primary drivers of usage include hedging against the depreciation of the Kenyan Shilling, facilitating low-cost remittances, and enabling fast, on-chain retail payments, a practice eased by the familiarity with mobile money platforms like M-Pesa.

Market Composition and Usage Patterns

Bitcoin remains the most recognized cryptocurrency in Kenya, though stablecoins such as USDT, USDC, and BUSD now account for roughly 43% of transaction volume. Kenya consistently ranks as a top market for P2P trading, showing a preference for bypassing traditional banking systems.

The country’s crypto ecosystem is supported by exchanges, ATMs, like those at Two Rivers Mall in Nairobi, and growing acceptance in both small-scale and larger commercial transactions.

Ten Sectors Accepting Bitcoin in Kenya

In 2026, Bitcoin as a payment option in Kenya is available across the following sectors:

• Retail & General Goods: Large outlets, including Carrefour branches, accept Bitcoin.
• Food & Hospitality: Restaurants such as Betty’s Place in Nyeri and select Nairobi cafes now take crypto.
• Wellness & Beauty: Establishments like Healthland Spa in Nairobi allow Bitcoin payments.
• Waste Management: Community groups, including the Livegreat Foundation in Kibera, accept crypto for services.
• FinTech & Remittances: Platforms like BitPesa (now AZA Finance) allow Bitcoin payments that convert to M-Pesa for recipients.

Jefferson Wachira is a writer at Africa Digest News, specializing in banking and finance trends, and their impact on African economies.