How to Buy Bitcoin and Crypto in Kuwait
What we Found
Now buying, selling, and trading Bitcoin and Cryptocurrency is easier than ever.
Trading Bitcoin and other cryptocurrencies in Kuwait is a popular activity, and there are several options available for buying and selling digital assets. Here is a step-by-step guide on how to buy Bitcoin and other cryptocurrencies in Kuwait:
Choose a cryptocurrency exchange: The first step is to choose a cryptocurrency exchange that operates in Kuwait. Some of the popular options include BitOasis, CEX.IO, and Kraken.
Create an account: Once you have chosen an exchange, you will need to create an account by providing your personal information and verifying your identity. This usually involves providing a copy of your ID and a selfie.
Add funds: Once your account is verified, you can add funds to your account using a bank transfer or a credit/debit card. Make sure to check the fees and processing times for each payment method.
Buy Bitcoin or other cryptocurrencies: After adding funds to your account, you can start buying Bitcoin or other cryptocurrencies. Choose the cryptocurrency you want to buy, select the amount you want to purchase, and confirm the transaction. The cryptocurrency will be added to your exchange account.
Withdraw your cryptocurrency: Once you have bought the cryptocurrency, you can withdraw it to your personal wallet or another exchange. Make sure to check the withdrawal fees and processing times for each option.
In addition to using cryptocurrency exchanges, you can also buy Bitcoin and other cryptocurrencies in Kuwait through peer-to-peer trading, Bitcoin ATMs, or using cash. However, make sure to research the fees, regulations, and risks associated with each method before proceeding.
Overall, buying and trading cryptocurrencies in Kuwait is relatively straightforward, and there are several options available for users who want to invest in digital assets. However, it’s important to do your research and only invest what you can afford to lose.
Most popular crypto exchanges
Buy Bitcoin and Crypto through Coinbase
- Coinbase is a convenient and cheap way to buy Ethereum and the platform is open to 200+ countries). Coinbase will sell you CRO for a variable fee that depends on your payment method (credit cards have a higher fee than wire transfers), order size and market volatility. Here’s how you buy Ethereum on Coinbase: Open a Coinbase account Add your payment method (Credit card or bank account) Go to “Buy/Sell” and select the amount of Ethereum you desire Click “Buy Cronos”
Buy Bitcoin and Crypto through Crypto.com
- Crypto.com is a cryptocurrency exchange company based in Singapore. As of May 2022, the company reportedly had 50 million customers and 4,000 employees. The exchange issues a token, Cronos.The company was initially founded in Hong Kong by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 as “Monaco”. In 2018, the company was renamed as
Buy Bitcoin and Crypto through MEXC
- Founded in 2018, MEXC Global is known as the exchange of high performance and mega transaction matching technology. The team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC Global caters to 10 M+ users in more than 170 countries around the world and we have just started.
Buy Bitcoin and Crypto through Kucoin
- Kucoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users from 700+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique ranking is in the top 5 globally. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities all over the world in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.
Buy Bitcoin and Crypto through Bitfinex
- Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to users around the world. Bitfinex initially started as a P2P margin lending platform for Bitcoin and later added support for more cryptocurrencies.