Yellow Card — review & details
Pan-African platform live in Kenya with direct shilling funding via M-Pesa and bank transfer, KYC/AML onboarding, and simple buy/sell for BTC, USDT and other majors.
Shilling on/off-ramp
Yellow Card
★★★★☆
M-Pesa and bank transfer, in shillings
Funding
BTC, USDT and other majors
Assets
KYC/AML onboarding; verify current VASP status with CBK/CMA
Compliance
Crypto is volatile and not deposit-insured
Risk
1
Local Onramp
Pros
- Direct M-Pesa/shilling on- and off-ramp
- KYC/AML — a better sign than none
- Active across many African markets
Cons
- VASP licensing still phasing in — check status
- Volatility risk is yours entirely
How Yellow Card compares in crypto exchanges
| Yellow Card | Luno | Binance (P2P) | |
|---|---|---|---|
| Funding | M-Pesa and bank transfer, in shillings | Bank/local rails — confirm current KES options | P2P (M-Pesa/bank settlement between users, escrowed) |
| Assets | BTC, USDT and other majors | BTC, ETH and major coins | Full major-exchange range |
| Compliance | KYC/AML onboarding; verify current VASP status with CBK/CMA | KYC onboarding; verify current VASP status with CBK/CMA | Global KYC; verify Kenya VASP status as licensing phases in |
| Risk | Crypto is volatile and not deposit-insured | Crypto is volatile and not deposit-insured | P2P adds counterparty/payment-dispute risk on top of volatility |
| Local Onramp | 1 | 1 | 1 |
| Visit Yellow Card → | Visit Luno → | Read our USDT/P2P guide → |
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