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How To Buy Bitcoin In Egypt

Illustration for article titled How To Buy Bitcoin In Egypt

As the world is going through some quick changes the shifting of people towards digital currency has become more frequent. One such digital currency is Bitcoin which has become a sensation all around the world so it comes as no surprise that it has also gained popularity in Egypt. Egypt is now well acquainted with the concept of Bitcoin and ATMs.

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Although if we look a little at the history of bitcoin in Egypt, it was banned in 2018 by the grand mufti of Egypt as it came under the category of tax evasion that by extension meant the loss of authority of the legal system. But as the market grew the government started softening its restrictions on it. now it has a different stance where people can buy Bitcoin at different exchanges as long as they are not doing anything illegal. But how can one buy it? That too in a country like Egypt which is fairly new to it? Worry not as we have brought you some of the best exchanges to buy bitcoin in Egypt.

With the best exchanges at hand you can buy bitcoin a high value with minimum fee. To know everything about buying bitcoins stick till the end!

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CEX.IO

CEX.IO is a cryptocurrency exchange that is not only multipurpose but also one of the best ways to buy bitcoin at. Its presence is not only in Egypt but it categorically allows international buyers to get bitcoins.

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Etoro

Etoro is a great platform that not only offers investment in stocks and cryptocurrencies but also in trading CFD assets. It has diversity of market and user friendly interface with the repute of the best. It is great at customer support and offers these things at a lower fees than its competitors.

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Kraken

Kraken is the world’s most versatile Bitcoin exchange especially in terms of total volume and liquidity. The best thing about it is that accepts almost all kinds of fund transfer methods. Affordable fees and great customer support are the few of its benefits in addition to Global support and Tiered verification.

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Coinmama

Another one of the most popular websites of Bitcoin exchange is Coinmama that is famous for its universality and reliability. Worldwide availability, High purchasing limits

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Dependable and trustworthy, Excellent leadership and customer support, Fast and secure transactions and what not? Just buy and see for yourself how great this is.

Paybis

Paybis is an excellent option in the category of digital cryptocurrency exchange which presents various payment options. Large purchasing limits, Wide range of payment options, Intuitive and user-friendly interface, Global support, 24/7 Multilingual customer service and what not is offered at PayBis.

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BitIt

French regulated BitIt is a great platform in terms of buying Bitcoin. Supporting multiple currencies, Large selection of cryptocurrencies, High purchasing limits and

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Ledger and Trezor wallet support are few among its many perks.

Binance

Binance offers the best exchange platform for experienced traders who are in for a premier cryptocurrency marketplace so that they can perform real-time trades.

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Paxful

Being a person to person marketplace, Paxful delivers over 300 payment methods. It delivers Escrow system, high Security, Diversity payment methods, Simple user interface (UI) for the beginners and Wide variety of sellers.

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LocalBitcoins

Another noteworthy person to person marketplace is Local Bitcoins that is famous for its connection with its customers.

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Changelly

Changelly is a superb cryptocurrency exchange that supplies best market rates to its customers. Speedy and efficient are not its only two best things but it also has great customer support and high exchange limits for a meagre amount of fee. What it lacks is its payment methods inflexibility.

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BitPanda

BitPanda is a beginner oriented platform for buying crypto-assets. The website delivers multiple paying methods along with easy verification procedure which is both dependable and trustworthy. All of this at a very low fees. The drawback it has is that it is limited to European states.

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BitOasis

BitOasis is an excellent platform for instant exchange of cryptocurrency and bitcoin etc. not only is it easily accessible but also carries a neat interface and lower fees. The only thing that may pose a problem for it is that it has a limited international presence.

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Poloniex

For People seeking Bitcoin Poloniex is a perfect platform. Having hundreds of trading pairs along with multi-purpose user interface this website offers only the best. The only drawback is that it is only best for experienced users.

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Bitsquare

An ideal platform for peer to peer exchange Bitsquare allows its customer a great experience. Having great global reputation, excellent privacy policy and more favorable choices for advanced traders BistSquare is truly a dream come true. All of this without any hassle of registration. What it lacks is that it is not beginner friendly and also offers less payment methods.

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Huobi

Huobi is an international service provider that is a favorable place for buying bitcoin. It also provides numerous other financial services in many countries. Having great customer support, high liquidity and supported payment methods make it a great option. The only drawback is that it has a long drawn verification process which may appear tiresome to buyers.

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Bitcoin ATM

If you have cash using a bitcoin ATM is not a bad option. Not just it is widely accessible but also is conveniently use through the help of over the top customer service. The only bad thing about it is that it costs a little higher than other options and also have the prior requirement of traveling to visit it. This makes it less convenient.

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These are the top rated ways you get bitcoin by in Egypt. So decide yourself according to your needs and budget that what suits you well.

References

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