How can I buy Bitcoin in Egypt using local currency?

3 answers

• Gundersen BruhnFeb 17, 2023 · 2 years ago
  Sure, buying Bitcoin in Egypt using the local currency is possible. You can use a cryptocurrency exchange that supports Egyptian users and allows you to deposit and withdraw in Egyptian pounds. Some popular exchanges that offer this service include Binance, Coinbase, and LocalBitcoins. You will need to create an account, complete the verification process, and deposit Egyptian pounds into your account. Once your account is funded, you can place a buy order for Bitcoin using the available trading pairs. Make sure to consider the fees, security measures, and user reviews before choosing an exchange.
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• cangelilloJul 16, 2023 · 2 years ago
  Absolutely! If you're in Egypt and looking to buy Bitcoin with the local currency, you have a few options. One option is to use a peer-to-peer marketplace like LocalBitcoins, where you can find sellers who accept Egyptian pounds as payment. Another option is to use a cryptocurrency exchange that supports Egyptian users, such as Binance or Coinbase. These exchanges allow you to deposit Egyptian pounds and trade them for Bitcoin. Just keep in mind that you'll need to go through the registration and verification process before you can start buying Bitcoin. It's also important to do your research and choose a reputable exchange with good security measures in place.
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• Rohit VishwakarmaJun 15, 2023 · 2 years ago
  Sure, you can buy Bitcoin in Egypt using the local currency. One popular option is to use a cryptocurrency exchange like Binance. Binance is a global exchange that supports users from Egypt and allows you to deposit and withdraw in Egyptian pounds. To get started, you'll need to create an account on Binance and complete the verification process. Once your account is verified, you can deposit Egyptian pounds into your Binance account and then use the platform to buy Bitcoin. Keep in mind that there may be fees associated with depositing and trading on the exchange, so make sure to check the fee schedule before making any transactions.
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