How to Buy Bitcoin and Crypto in Saudi Arabia
What we Found
Now buying, selling, and trading Bitcoin and Cryptocurrency is easier than ever.
Trading Bitcoin and other cryptocurrencies is a popular investment strategy for many people in Saudi Arabia. If you are looking to buy Bitcoin and crypto in Saudi Arabia, there are several steps you can follow to get started:
Choose a reputable cryptocurrency exchange: Research different exchanges that operate in Saudi Arabia and choose one that is reliable, secure, and has a good reputation in the industry. Some of the popular exchanges that operate in Saudi Arabia include Binance, BitOasis, and Bitstamp.
Create an account: Once you have chosen an exchange, create an account by providing your personal information and completing the verification process. This is necessary to comply with Saudi Arabia’s regulations and ensure the security of your funds.
Add funds to your account: To start buying Bitcoin and crypto, you will need to add funds to your account using a bank transfer or credit/debit card. Each exchange has its own deposit methods and fees, so make sure to check these before making a deposit.
Buy Bitcoin and crypto: Once you have funded your account, you can buy Bitcoin and other cryptocurrencies using Saudi riyal or other fiat currencies. You can also trade these cryptocurrencies against other digital assets, such as Ethereum or Litecoin.
Store your cryptocurrencies: It is important to keep your cryptocurrencies safe by storing them in a secure wallet. You can choose between a hardware wallet, such as Ledger or Trezor, or a software wallet, such as Exodus or MyEtherWallet.
Remember that buying and trading Bitcoin and cryptocurrencies can be risky, and it is important to do your own research, understand the risks involved, and invest only what you can afford to lose.
Most popular crypto exchanges
Buy Bitcoin and Crypto through BolsaDX
- BolsaDX es un cripto exchange, creado en 2020 por un grupo de empresarios filántropos, con el respaldo de binance. Y nuestra misión es llevar conocimiento y crecimiento económico a México y el resto de América Latina.
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 Poloniex
- Poloniex is a cryptocurrency exchange founded by Tristan D’Agosta in January 2014. In February of 2018, it was acquired by Circle for an estimated $400M, and subsequently “spun out” in October 2019. In November 2019, Justin Sun, founder of Tron, revealed that he led the acquisition of the “spin out”.
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.