Buy bitcoin with MVola
- Type
- Mobile money
- Works in
- 1 country
- Last reviewed
- 2026-08-18
MVola shows up in Madagascar as part of how people buy bitcoin locally, even though none of the exchanges we track lists it as a direct funding rail. The country guides below explain what that looks like in practice.
What is MVola?
MVola is the mobile money service of the Telma network in Madagascar, now branded Yas, operated by MVola SA. It runs on the #111# USSD menu or the app and covers deposits at agents and Cash Points, wallet to wallet transfers, cash withdrawals, merchant and bill payments, international remittances, savings and small advances. Transfers reach every Malagasy mobile money account, so an MVola user can pay an Orange Money or Airtel Money number as well.
- Speed
- MVola describes transfers between accounts as instant, and money sent to another wallet is available to the recipient straight away.
- Cost
- Deposits are free and the sender pays: a transfer to another MVola account starts at 70 Ar, a transfer to another operator's wallet starts at 200 Ar, and withdrawals start at 100 Ar and rise by band.
- Limits
- The published ceiling is 20,000,000 Ar per transfer, 20,000,000 Ar per day and 620,000,000 Ar per month.
Speed and cost describe the rail itself. What an exchange adds on top varies by platform and is shown per exchange below.
Using MVola in Madagascar
MVola appears in one country guide on this site, Madagascar, where deposits settle in Malagasy ariary (MGA). Buyers there fund exchange accounts with Orange Money, Airtel Money, P2P escrow trades, Credit or debit card and others as well, and the country guide ranks the exchanges that take each one.
How to buy bitcoin in MadagascarFrequently asked questions
Which exchanges accept MVola?
None of the exchanges we track advertises MVola as a direct funding rail. Where it appears in our country guides, it is part of how people buy locally, often through P2P marketplaces, so treat it as a local option rather than an exchange feature.
Where can I buy bitcoin with MVola?
MVola appears in our Madagascar guide: Madagascar. Each guide lists the exchanges that take it there and how it is named locally.