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What are the best ways to buy BTC in Egypt?

avatarNokwanda KhuluseDec 25, 2021 · 3 years ago3 answers

I am currently in Egypt and I want to buy BTC. What are the best ways to do so? Are there any local exchanges or platforms that I can use? What are the regulations and restrictions that I need to be aware of?

What are the best ways to buy BTC in Egypt?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    One of the best ways to buy BTC in Egypt is to use a local cryptocurrency exchange. There are several exchanges available in Egypt that allow you to buy BTC using Egyptian pounds. Some popular options include XPay, BitOasis, and Rain. These exchanges usually require you to create an account and complete a verification process before you can start buying BTC. Make sure to check the fees and security measures of each exchange before making a decision.
  • avatarDec 25, 2021 · 3 years ago
    Another option to buy BTC in Egypt is to use a peer-to-peer trading platform. These platforms connect buyers and sellers directly, allowing you to buy BTC from individuals in Egypt. LocalBitcoins is a popular peer-to-peer platform that is widely used in Egypt. When using peer-to-peer platforms, it's important to be cautious and only trade with reputable sellers. Make sure to check the seller's reputation, trade history, and feedback from other users before making a transaction.
  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we offer a secure and convenient way to buy BTC in Egypt. Our platform allows you to buy BTC using Egyptian pounds and offers competitive fees. To get started, simply create an account on our website, complete the verification process, and deposit funds into your account. You can then place an order to buy BTC at the current market price. Our platform also provides advanced trading features and a user-friendly interface to enhance your trading experience. Join BYDFi today and start buying BTC in Egypt with ease!