Best Crypto Exchanges in Tanzania (2025)

Tanzania’s economy is growing, and people are looking for better ways to manage their money. Digital currencies like Bitcoin and Ethereum are becoming more popular worldwide, but the rate of adoption of cryptocurrency in Tanzania is still relatively low compared to other African countries. 

Many people are curious about how crypto works, but questions about security, regulation, and ease of use often slow them down. Still, interest in crypto trading is rising, and more platforms are making it easier to buy, sell, and store digital assets. 

With so many options available, choosing the right exchange can be confusing. So, how do I make the better decision when picking the best crypto exchange in Tanzania? Keep reading and find out the answer to your question.

Read Also: Best Crypto Exchanges in Ecuador (2025)

Key Takeaway

• While adoption remains relatively low, more people are exploring cryptocurrency trading, and exchanges are making it easier to buy, sell, and store digital assets.

• Platforms like UEEx, Eightcap, Ovex, SpectroCoin, Bitmama, Coinbase, and AvaTrade cater to different trader preferences, from spot trading and CFDs to institutional-grade and fiat-to-crypto conversions.

• UEEx is the best exchange for traders in Tanzania, offering over 300 cryptocurrencies, multiple trading options (spot, futures, stock trading), and strong security features.

• Security, regulation, supported cryptocurrencies, fees, payment methods, ease of use, liquidity, and customer support play crucial roles in selecting the right exchange.

• The government is exploring regulations, but as of 2025, there are no official laws fully legalizing or regulating crypto exchanges, requiring traders to stay cautious and informed.

Top Crypto Exchanges in Tanzania (2025)

Exchange	Trading Fees	Best For	Max Leverage	Available Assets	Fiat Support– Tanzanian Shillings (TZS)	Security Features	Unique Features
UEEx	Spot Trading: 0.09%  Futures Trading: 0.05% Margin Trading: 0.08 %-0.10%  Stock Trading: 1.50%	Best Overall	200x	300+	No	93% of users’ asset in cold storage Proof of Reserve 2000 unique wallet addresses	Fee discounts and staking rewards through its native token, $UE. Copy trading Demo trading and auto-invest feature
Eightcap	Spread varies by trades (Ranges from 0 to 16)	CFDs Trading	Varies	800+	No	Regulated by the Australian Securities and Investments Commission (AFSL 391441). CySEC	FlashTrader Live webinars and interactive events Integrates with MT4 and MT5 platforms, providing advanced charting tools TradingView integration, and AI-driven insights
Ovex	Spread is charged on the price.  Vary for OTC desk, 0% of trade value for RFQ Buy / Sell.	Institutional-Grade Trader	Varies	60+	No	Multi-signature and segregated custody solutions 1:1 proof of reserves	Ultra-deep liquidity Over-the-counter (OTC) trading Secure on/off-ramp ecosystem
SpectroCoin	Charged when you fill an order.	Wide Variety of Payment Method	N/A	50+	Yes	Two-factor authentication KYC	Feature to link assets to a dedicated IBAN  Crypto-backed loans Secure multi-currency wallet
Bitmama	Does not publicly disclose its transaction fees.	Easy Fiat-Crypto Conversion	N/A	10+	No	Two-factor authentication	Crypto card to pay for goods and services GreenBox for crypto giveaway
Coinbase	Trading fees: 0.05% – 0.60%	Trusted and Secure Exchange to Buy, Sell and Manage Crypto	20x	24 0+	No	98% of users’ assets in offline storageCold storage Two factor authentication	DeFi and NFTs with Coinbase Wallet Powerful tools like real-time order books, deep liquidity, and sophisticated charting
Avatrade	Free	Regulated Exchange for Forex and Stocks.	400:1 for forex trading	1250+	Yes	Regulated across nine jurisdictions which are: FFAJ, CySEC, ISAIIROC, ADGM/FSRA, CBI, BVIFSC, FSCA and  ASIC	Intuitive trading platforms such as MetaTrader 4, MetaTrader 5 Competitive spreads and low commissions

UEEx – Best Overall Crypto Exchange For New and Experienced Traders

Coming first as the best exchange for new and experienced traders in Tanzania, UEEx offers a reliable and feature-rich platform for crypto trading. With access to over 300 cryptocurrencies, you can easily buy BTC, ETH, and USDT using Apple Pay, Visa, and other payment options.

For those looking to trade actively, UEEx provides spot trading, perpetual futures, and options trading, ensuring flexibility for different strategies. If you prefer automated solutions, copy trading, strategy trading, and auto-invest tools simplify decision-making.

Security remains a top priority, with 93% of user funds stored in cold storage and advanced safety measures protecting assets. Licensed under US MSB and Canada MSC, UEEx ensures compliance and transparency.

With a user-friendly app available for Android and iOS, 24/7 customer support, and competitive trading fees, UEEx is the ideal exchange for Tanzanian traders in 2025.

Pros

• Users can access multiple trading options such as spot trading, contract transactions, options trading, and stock trading.
• Supports buying BTC, ETH, and USDT with Apple Pay, Visa, and more.
• Accepts over 10 fiat currencies, including USD, JPY, and KRW.
• Offers competitive fee rates and special VIP privileges.
• Uses unique deposit addresses and advanced protection systems.
• Ensures smooth trading with a strong liquidity pool.
• Provides 24/7 assistance for all users.
• Features demo trading for beginners to learn without financial risk.
• The platform’s native token, UECoin, enhances trading and investment opportunities.

Cons

• Advanced tools like super leverage trading and strategy trading may be overwhelming for beginners.
• Fiat withdrawals are limited.

Fees and Deposits

• Spot Trading: 0.09% 
• Futures Trading: 0.05%
• Margin Trading: 0.08 % – 0.10% 
• Stock Trading: 1.50%
• Deposit Fee: Free
• Withdrawal Fee: Vary by cryptocurrency. Charges 0.002 BTC for BTC withdrawal on Bsc network, 1 USDT for USDT withdrawal on TRC20 and Bsc network.
• Payment Methods: Multiple options include Apple Pay, Visa, bank transfer, and credit/debit cards. 

Eightcap – Best Crypto Exchange for CFDs Trading

For traders who want to explore crypto CFDs in Tanzania, Eightcap is a top choice. Established in 2009, it provides access to over 800 CFD markets, including forex, commodities, indices, shares, and cryptocurrencies. With support for MT4 and MT5 platforms, it offers advanced charting tools, expert advisors, and AI-powered insights to improve trading strategies.

Eightcap is globally regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure trading environment. It also offers tight, transparent spreads—up to five times lower than other brokers. 

Traders can access expert trade ideas, live events, and direct TradingView integration. Additionally, tools like Capitalise.ai for automation and FlashTrader for rapid execution make trading more efficient.

Pros

• Hosts live sessions with expert analysts, helping traders stay informed.
• Provides a risk-free demo account for traders to practice strategies.
• Offers low, transparent spreads that can be up to five times lower than other brokers.
• Supports multiple deposit and withdrawal methods for convenience.
• Integrates AI-powered insights to enhance trading decisions.
• Builds a strong trading community where users can connect and share insights.
• Allows direct trading from TradingView charts for a smoother experience.
• Operates under strict regulations from FCA, ASIC, and CySEC, ensuring fund security and compliance.

Cons

• Limited product offering for spot crypto trading by focusing on CFDs, meaning users cannot buy actual cryptocurrencies.
• No fixed spread accounts.
• Withdrawals can sometimes be delayed (1-2 business days).

Fees and Deposits

• Trading Fee: Spread varies by trades (Ranges from 0 to 16)
• Deposit and Withdrawal Fee: Free when using Visa, MasterCard, or cryptocurrency deposits. Fees may apply for deposits made via wire transfer, Skrill, or Neteller. Withdrawals are completely free for fiat withdrawals and vary by crypto.
• Payment Methods: Credit/debit cards, Skrill, Neteller, Poli, Bank transfer, Paypal, Dragon pay, Pix, Fasapay

Ovex – Best Crypto Exchange for Institutional-Grade Trader

Ovex is a top choice for institutional-grade cryptocurrency trading in Tanzania, offering a powerful platform designed for both high-volume traders and everyday users. With access to over 60 currency pairs, you can trade Bitcoin (BTC), Ethereum (ETH), USDT, USDC, and more, all paired with Tanzanian Shillings (TZS). Instant conversions, zero trading fees, and real-time pricing ensure a smooth trading experience.

Read Also: History of Top Cryptocurrency Exchanges

For businesses and professional traders, Ovex provides ultra-deep liquidity, over-the-counter (OTC) trading, and a secure on/off-ramp ecosystem. You can also send and receive cross-border payments with ease. Security and compliance are top priorities, making Ovex one of Africa’s most regulated exchanges. Whether trading crypto or fiat, Ovex offers a trusted and efficient solution for Tanzania.

Pros

• Users can trade Bitcoin (BTC), Ethereum (ETH), USDT, USDC, and other major cryptocurrencies with Tanzanian Shillings (TZS).
• Free local and international money transfers are available through crypto-powered cross-border payments.
• Various payment methods are supported, making it easy for Tanzanian users to fund their accounts.
• High-volume traders can access an OTC desk for 1:1 trading with immediate execution.
• Margin services allow traders to open leveraged positions for greater efficiency and deep liquidity with zero slippage.
• A tiered spread structure ensures lower trading costs for high-volume traders.
• A high-yield interest account offers inflation-resistant returns on stablecoins and cryptocurrencies.
• Institutional-grade security protects assets with multi-signature and segregated custody solutions.
• Full transparency is maintained with 1:1 reserves and independent annual audits.

Cons

• Strict KYC/AML verification can be time-consuming for users who prefer quicker sign-ups.
• Margin trading carries a high risk, which may not be suitable for all investors.
• Availability of certain features and fiat on/off ramps may vary depending on regulatory restrictions.

Fees and Deposits

• Trading Fees: No direct trading fees are charged, instead a spread is charged on the price. Vary for OTC desk, 0% of trade value for RFQ Buy / Sell.
• Deposits: Free
• Withdrawal: Vary by cryptocurrency and fiat.0.00015BTC to withdraw BTC, 8 USDT to withdraw Tether (USDT).
• Payment Methods: Local currency transfer, crypto rails, cross border payment.

SpectroCoin – Best Exchange With a Wide Variety of Payment Methods

Everyone in Tanzania looking to trade crypto will find SpectroCoin an excellent choice. Founded in 2013, this platform has built a strong reputation with over 1 million users worldwide. It offers a wide variety of payment methods, including credit/debit cards, Skrill, local bank transfers, and SEPA. 

Plus, you can easily fund your account using a dedicated IBAN, making the process smooth and convenient. If you’re interested in borrowing against your crypto, SpectroCoin provides crypto-backed loans. You can pledge assets like Bitcoin or Ether as collateral and get instant payouts to your bank account or blockchain wallet. 

With 24/7 customer support and KYC verification for security, SpectroCoin ensures a reliable experience. Download the SpectroCoin app from the App Store or Google Play today.

Pros

• User-friendly interface, making it easy for anyone to navigate and trade.
• Earn up to 10% commissions by inviting others through its simple affiliate program.
• Get quick access to funds with crypto-backed loans, sent directly to your bank or crypto wallet.
• 24/7 customer support, offering assistance whenever you need it.
• Allows users to trade, manage assets, and monitor markets effortlessly with the SpectroCoin mobile app (available on iOS/Android).
• Uses Two-factor authentication (2FA) ensures your digital assets are secure from unauthorized access.
• KYC verification to ensure security and compliance with regulations.

Cons

• While it supports popular coins, it doesn’t offer as many altcoins compared to other exchanges.
• Does not offer margin trading, which might be a drawback for users seeking more advanced trading options.
• High fees on deposits using the card.

Fees and Deposits

• Trading Fees: Charged when you fill an order.
• Deposit Fee: Free for SEPA bank transfer, 2.99% fee on credit/debit cards and 5.50% for Skrill.
• Withdrawal Fee: Free for SEPA bank transfer, 4.00% for Skrill, and 2.00% for mobile top-ups for local currencies.
• Payment Methods: SEPA bank transfers, Credit/debit cards, Skrill, mobile top-ups, dedicated IBAN.

Bitmama – Best Crypto Exchange for Easy Fiat-Crypto Conversion

Bitmama was founded in 2017 and has quickly become one of the most trusted crypto platforms in Tanzania. It allows users to trade, buy, and sell over 10 cryptocurrencies like Bitcoin, Ethereum, and Tether (USDT) with ease. Bitmama stands out by offering a secure way to convert local currency into crypto and vice versa, all while ensuring you get competitive prices.

What makes Bitmama even better is its crypto card, which lets you shop online and pay for goods and services, including from big names like Amazon and ASOS. Plus, you can stake your crypto to earn passive income. With two-factor authentication and a user-friendly interface, Bitmama is an excellent choice for anyone in Tanzania looking to dive into the world of crypto trading.

Pros

• Offers a simple and easy-to-use interface, making it accessible to all users.
• The platform hosts exciting giveaways via Bitmama GreenBox, giving users the chance to win rewards.
• With its reliable customer support, any questions or issues are addressed quickly and efficiently.
• Bitmama provides both physical and virtual crypto debit cards, making transactions convenient anywhere.
• Fosters a lively community where users can connect, chat, and exchange insights.
• You can easily shop at international online stores like Amazon and ASOS directly through Bitmama.
• You can make crypto payments without the need to convert them into fiat currency first.

Cons

• Limited cryptocurrency options.
• Leverage trading is not supported.

Fees and Deposits

• Trading Fees: Does not publicly disclose its transaction fees.
• Deposit: Free
• Payment Methods: Bank Transfer, Credit/Debit Card.

Coinbase – Best Trusted and Secure Exchange to Buy, Sell and Manage Crypto 

To buy, sell, and manage your crypto securely in Tanzania, Coinbase is a top choice. With support for over 240 cryptocurrencies, including Bitcoin and Ethereum, Coinbase offers a range of tools that make trading easy and accessible. You can monitor real-time market data, stake your crypto for rewards, and manage your assets using the Coinbase Wallet. 

For businesses, Coinbase provides institutional solutions and tools designed for high-frequency trading, making transactions smooth and efficient. Plus, you can earn crypto rewards with the Coinbase Card by spending your crypto. Security is a major focus for Coinbase, with 98% of assets stored offline and two-factor authentication to protect your investments.

Pros

• Benefit from competitive fees and transparent pricing to get the most out of your trades.
• Store and manage your crypto securely while exploring DeFi and NFTs with Coinbase Wallet.
• Easily transfer crypto between wallets with quick and efficient processing.
• Access educational resources and market insights to make informed decisions.
• Businesses can benefit from high-frequency spot markets and perpetual futures markets, offering up to 20x leverage.
• Enjoy responsive customer support to ensure a smooth and hassle-free trading experience.
• Stake your crypto in various products to earn passive rewards and grow your holdings.
• Offers advanced trading tools, such as real-time order books and deep liquidity for effective trading.

Cons

• Relatively high fees for smaller trades or using certain payment methods.

Fees and Deposits

• Trading Fees: Ranges from 0.05% – 0.60%, depending on the transaction size.
• Credit/Debit Card Purchases: 3.99% fee. 
• Deposits: Free for ACH transfer, $10 for wire transfer and €0.15 through SEPA(EUR)
• Withdrawal Fees: Withdrawal fees on Coinbase vary depending on the method you choose. Free for ACH and SEPA withdrawal, $25 for wire transfer
• Staking Fee: 25%
• Payment Methods: 3D Secure card, Google Pay and Apple Pay, Paypal, SEPA, SWIFT account and iDeal account

Avatrade – Best Regulated Exchange for Forex and Stocks

As one of the longest-established platforms, AvaTrade has been offering reliable trading services since 2006. This exchange supports a wide range of assets, from Forex and CFDs to crypto and stocks, with low commissions and competitive spreads. 

Whether you’re new to trading or have experience, AvaTrade makes it easy to get started with up to 400:1 leverage and large position sizes, like $1M for Bitcoin and $750K for Ethereum.

New users in Tanzania can also enjoy an attractive 30% bonus on their first deposit. AvaTrade is regulated in multiple regions, including Europe, Australia, Japan, and South Africa, ensuring it meets strict standards for secure and efficient trading. If you’re looking for a trustworthy platform, AvaTrade could be the right choice for you.

Pros

• Provides educational resources and tools to help traders enhance their skills and strategies.
• Access intuitive trading platforms such as MetaTrader 4, MetaTrader 5, and the proprietary AvaTradeGO app.
• Offers social trading through its exclusive AvaSocial platform.
• The platform provides a broad selection of trading options, including Forex, stocks, crypto, and CFDs.
• AvaTrade offers low spreads and competitive commissions, making it affordable for traders.
• 24/7 multilingual customer support is available to assist you whenever you need help.
• Secure and regulated across multiple global jurisdictions, ensuring trust and safety.

Cons

• AvaTrade does not offer a dedicated desktop platform, relying instead on third-party platforms like MetaTrader.
• An inactivity fee is charged if there is no login activity for three consecutive months.
• The minimum initial deposit may be higher compared to some other platforms.

Fees and Deposits

• Minimum Deposits: $100
• Withdrawal Fees: Free
• Trading and Conversion Fees: Free

Factors to Consider When Choosing a Crypto Exchange in Tanzania

Here are several important factors to keep in mind to ensure you’re selecting a platform that meets your needs:

Security Features

Exchange	Security Features
UEEx	93% of users’ assets in cold storage Proof of Reserve 2000 unique wallet addresses
Eightcap	Regulated by the Australian Securities and Investments Commission (AFSL 391441). CySEC
Ovex	Multi-signature and segregated custody solutions 1:1 proof of reserves
SpectroCoin	Two-factor authentication KYC
Bitmama	Two-factor authentication
Coinbase	98% of users’ assets in offline storageCold storage Two factor authentication
Avatrade	Regulated across nine jurisdictions which are: FFAJ, CySEC, ISAIIROC, ADGM/FSRA, CBI, BVIFSC, FSCA and  ASIC

Security should be a top priority when selecting a crypto exchange. Ensure that the platform has robust security measures in place, like two-factor authentication (2FA), encryption, and cold storage for your funds.

For example, UEEx stores 93% of users’ funds in cold storage, and Coinbase stores 98%. This helps protect your assets from potential hacks or theft.

Regulation and Licensing

It’s essential to choose an exchange regulated in reputable jurisdictions for safety and transparency. For instance, UEEx is licensed under US MSB and Canada MSC, while AvaTrade is regulated across multiple regions, and Eightcap is globally regulated by trusted authorities such as the FCA, ASIC, and CySEC.

Supported Cryptocurrencies

Exchange	Available Assets
UEEx	300+
Eightcap	800+
Ovex	60+
SpectroCoin	50+
Bitmama	10+
Coinbase	240+
Avatrade	1250+

Different exchanges support various cryptocurrencies. If you’re looking to trade specific coins, check if the exchange offers them. 

UEEx supports over 300 cryptocurrencies, while Coinbase offers more than 240, and Ovex focuses on around 60. On the other hand, exchanges like Bitmama only support 10+ coins, which may not meet your needs if you want a wide selection.

Fees and Commissions

Exchange	Trading Fees	Deposits	Withdrawals
UEEx	Spot Trading: 0.09%  Futures Trading: 0.05% Margin Trading: 0.08 %-0.10%  Stock Trading: 1.50%	Free	Vary by cryptocurrency. Charges 0.002 BTC for BTC withdrawal on Bsc network and 1 USDT on both TRC20 and BSC network to withdraw USDT
Eightcap	The spread varies by trade (Ranges from 0 to 16)	Free for Visa, MasterCard, or cryptocurrency deposits. Fees may apply for deposits made via wire transfer, Skrill, or Neteller.	Completely free for fiat withdrawals and varies by crypto.
Ovex	Spread is charged on the price.  Vary for OTC desk, 0% of trade value for RFQ Buy / Sell.	Free	Vary by cryptocurrency and fiat.0.00015BTC to withdraw BTC, 8 USDT to withdraw Tether (USDT).
SpectroCoin	Charged when you fill an order.	Free for SEPA bank transfer. 2.99% fee on credit/debit cards and 5.50% for Skrill.	Free for SEPA bank transfer. 4.00% for Skrill and 2.00% for mobile top-ups for local currencies.
Bitmama	Does not publicly disclose its transaction fees.	Free	Not disclosed
Coinbase	Trading fees: 0.05% – 0.60%	Free for ACH transfer, $10 for wire transfer, and €0.15 through SEPA(EUR)	Free for ACH and SEPA withdrawal, $25 for wire transfer
Avatrade	Free	Not mentioned	Free

Compare the fees for trading, deposits, and withdrawals to ensure you’re getting a fair deal. UEEx offers one of the lowest fees for trading and deposits, with a transparent fee structure. This is in contrast to platforms like Ovex, SpectroCoin, and Bitmama, which do not disclose their trading fees, making it harder to understand the true cost of transactions.

Payment Methods

The exchange should offer payment methods that suit your needs. Whether you prefer bank transfers, mobile payments, or credit cards, it’s essential that the platform provides convenient ways to deposit and withdraw funds. For Tanzanians, mobile payment options like M-Pesa could be particularly important.

Ease of Use

If you’re new to crypto trading, the platform should be easy to navigate. UEEx provides a user-friendly interface tailored for both new and experienced traders. Their mobile app also makes trading on the go convenient and straightforward.

Liquidity

High liquidity ensures that you can buy and sell your crypto assets quickly and at a fair price. UEEx provides high liquidity with leverage of up to 200x, ensuring fast and efficient trading. Ovex also offers high liquidity with zero slippage, which ensures you won’t face delays or unfavorable prices when trading.

Customer Support

Reliable customer support is essential, especially if you encounter issues. Look for exchanges offering 24/7 support, ideally in Swahili or English. Platforms like UEEx ensure prompt assistance for any concerns or technical difficulties you may face.

How to Start Trading on UEEx in Tanzania

Follow these steps to start trading on UEEx in Tanzania: 

Open an Account

Go to the UEEx website and navigate to the top right corner of the homepage, where you’ll see the “Sign Up” button. Click on it. On the next page, fill in your details, including your phone number or email, a secure password, and an invitation code (if you have one) for commissions. Once done, click on “Sign Up.”

You’ll receive a verification code sent to your email or phone. Enter this code to confirm and activate your account. You’re now ready to start trading on UEEx!

Deposit Funds

To start trading immediately, go to the “Asset Management” section of the UEEx platform. In this section, find the “Recharge” option under your selected asset and choose the cryptocurrency or fiat option you prefer.

Follow the on-screen instructions to complete the deposit process. The time it takes for your deposit to clear will depend on the cryptocurrency or fiat currency you use, as well as the required block confirmations or deposit processing time. Once your funds are deposited, you’re all set to begin trading!

Start Trading

Now that you have successfully funded your account, it’s time to start trading. Simply click “Trade” next to your chosen asset. You’ll then need to choose an order type:

• Market Order: This option buys or sells immediately at the current market price.
• Limit Order: With this, you can set a specific price for buying or selling.

The next thing is to enter the amount of cryptocurrency you want to buy or the fiat currency you wish to spend. Once you’ve reviewed your order, click “Buy” or “Sell” to complete the transaction and start trading!

Are Crypto Exchanges Legal in Tanzania?

Cryptocurrency exchanges operate in a legal gray area in Tanzania. While the Bank of Tanzania (BoT) previously banned crypto transactions in 2019, there have been signs of a shift in attitude. In 2022, the government announced plans to explore crypto regulations, indicating a more open approach. 

Read Also: Best Crypto Exchanges in the United States of America (2025)

However, as of 2025, there are no official laws fully legalizing or regulating crypto exchanges. This means traders should be cautious, use well-regulated international platforms, and stay updated on any policy changes. Read more in detail about the adoption of cryptocurrency in Tanzania here.

Conclusion

We’ve explained how UEEx, and other crypto exchanges reviewed in this guide, offer various benefits depending on your trading needs. Whether you prioritize security, low fees, or diverse payment methods, selecting the right platform ensures a smooth trading experience. 

As cryptocurrency adoption in Tanzania continues to grow, staying informed about exchange options can help you make the best choices for buying, selling, and managing digital assets. Keep an eye on regulatory changes and always choose platforms that align with your financial goals and security preferences.

Frequently Asked Questions