Exploring Egypt’s Top Crypto Exchanges for 2024

As crypto fever sweeps across Egypt, everyone seems to be asking: “Where can I buy Bitcoin in Egypt?” With the number of Egyptians investing in crypto set to nearly double in 2024, choosing the right exchange to purchase tokens is essential.

This guide will compare the top Six cryptocurrency platforms for Egyptian traders based on fees, payment options, verification requirements, and available coins. Arm yourself with the information needed to confidently navigate the best place to buy Bitcoin.

Best Exchanges to Buy Bitcoin in Egypt

Whether you’re an experienced trader looking to take advantage of volatile swings in Bitcoin or a total beginner intrigued by crypto’s potential returns, this analysis has your needs covered.

By the end, the best exchange for your cryptocurrency needs will stand out clearer than the sunlight glinting off the pyramids themselves. So get ready to find where to effortlessly buy Bitcoin in Egypt in mere minutes!

Top 7 best Egypt based crypto exchanges, reviewed

1. Skilling: Top Mobile Trading App

  • Number of Assets: 70
  • Minimum Deposit: $25
  • Platform Type: Crypto


  • Zero commission on trades, with competitive spreads starting from 0.7 pips.
  • Access a wide array of over 800 securities across 17 international markets.
  • Regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Seychelles Financial Service Authority (FSA) for enhanced security and trust.


  • The platform does not offer 24/7 customer support.
  • Educational resources for traders are somewhat limited.


Skilling is celebrated for its user-friendly interface, making it an ideal choice for beginners in commodity trading. It offers the capability to trade in 55 different cryptocurrencies. The platform’s design ensures easy access whether you’re using the mobile app or prefer trading on a desktop.

A distinctive feature of Skilling is its integration with TradingView. This allows users to develop their trading strategies and directly implement them in their accounts. Besides catering to new traders, Skilling also provides sophisticated tools like the Skilling Trader and the cTrader platform, designed for professional traders.

Fees Structure

Skilling charges a maker and taker fee of 0.1% on each cryptocurrency trade, maintaining transparency and competitiveness in its pricing structure.

2. Binance: Leading Altcoin Trading Platform

  • Number of Assets: 350
  • Minimum Deposit: $1
  • Platform Type: Crypto


  • Hosts a vast selection of over 360 coins for trading and storage.
  • Provides a variety of trading pairs including BTC, ETH, BNB, and USDT.
  • Offers a high maximum daily withdrawal limit for users.
  • Globally available, catering to a wide user base.
  • Low trading fees, further reduced when using Binance Coin (BNB).


  • Customer support can be slow at times.
  • Operates as a centralized platform, as opposed to a decentralized one.


Binance is renowned as the world’s largest cryptocurrency platform, serving over 30 million users globally. The platform offers an expansive range of over 350 cryptocurrencies for trading. Beyond trading, Binance extends its services to include staking, crypto loans, and derivatives markets like futures and options, catering to a wide array of financial interests.

The Binance app is crafted to suit all levels of experience. The ‘Lite’ version simplifies the interface for beginners, while the standard version of the app is recognized as one of the most advanced crypto trading platforms available.

Fee Structure

Binance stands out with its fee policy. There are no fees for Bitcoin trades. Other cryptocurrency spot trades incur a nominal 0.1% fee. Owning Binance coin (BNB) entitles users to a 25% discount on all trading fees. While Binance doesn’t charge for deposits, withdrawal fees vary depending on the cryptocurrency.

3. Exness: Ideal for Tight Spreads and Professional Trading Experience

  • Number of Assets: (Details not provided)
  • Minimum Deposit: (Details not provided)
  • Platform Type: Crypto


  • Zero commission on trades across all major asset classes.
  • Competitive spreads, starting as low as 0.3 pips on standard accounts.
  • Offers a highly adaptable trading terminal accessible via mobile app, desktop, and web browser.
  • Ensures top-tier regulation and provides negative balance protection.


  • Access is restricted in certain regions, including the US and UK.


Exness is a standout choice for those seeking tight spread trading coupled with a tailored trading experience. The platform supports trading in over 35 cryptocurrencies, including popular options like Bitcoin, Ethereum, and Litecoin.

Exness caters to all levels of traders, offering a variety of pro-style tools and diverse account types. Beginners can benefit from a free demo account or engage in micro-lot trading for minimal investments. More experienced traders can utilize the Exness terminal or integrate it with MetaTrader software for an enhanced trading experience.

Fee Insights

For standard accounts, Exness does not charge commission fees but operates through spreads. These spreads begin at 7 pips for cryptocurrencies, though they can vary significantly. Additionally, overnight fees are applicable on some assets, excluding swap-free accounts.

4. Nexo: Top Pick for Earning Interest & Rewards

  • Number of Assets: (Details not provided)
  • Minimum Deposit: (Details not provided)
  • Platform Type: Crypto


  • Attractive interest rates on both crypto and fiat savings.
  • Nexo debit card offers convenient access to funds and easy spending.
  • Enables access to crypto loans and using crypto as collateral.
  • Features robust security infrastructure and offers insurance on assets.


  • Mandatory identity verification for placing buy and sell orders; no anonymous trading option.
  • Margin calls may occur if the value of your collateral falls below a certain level.


Nexo is a standout platform for those looking to earn rewards on their transactions. With the ability to trade over 60 cryptocurrencies, users can earn up to 0.5% in rewards on every transaction. Additionally, storing coins in a Nexo account can significantly enhance wealth through passive interest payments.

Nexo’s mobile app facilitates trading on the go, while its user-friendly design ensures ease of use for all traders. The platform guarantees the trade rate displayed on your screen, eliminating concerns about price slippage. Moreover, any crypto stored in your Nexo account starts accruing interest immediately.

Fee Structure

Nexo has a transparent fee policy, charging a 2% spread on buy and sell transactions. There are no charges for storing coins in your Nexo account. The number of free withdrawals you get depends on your loyalty tier, with any additional withdrawals incurring a network fee.

5. FP Markets: Prime Choice for Low Spread & 0-Pip Trading

FP Markets
  • Number of Assets: 60
  • Minimum Deposit: $100
  • Platform Type: Crypto


  • Extensive range of over 10,000 CFDs across various asset classes.
  • A highly regulated and reliable trading platform.
  • Features for copy and social trading, enhancing the trading experience.


  • Not accessible in the US, Japan, and New Zealand.
  • The IRESS platform comes with a higher cost.


 FP Markets distinguishes itself with its state-of-the-art technology, ensuring ultra-fast execution of crypto trades. As an award-winning broker, it offers 11 CFDs on digital assets, including popular cryptocurrencies like Bitcoin, Ethereum, and Dogecoin, all traded against the USD.

FP Markets stands out for its flexibility, accommodating all trading styles, such as scalping and the use of expert advisors. The platform is integrated with the widely-used MetaTrader 4, alongside its own advanced charting package. For newcomers to the trading world, FP Markets provides a free copy trading service, allowing you to replicate the trades of successful users in your own account.

Fee Details

FP Markets operates primarily on the Bid/Ask spread, charging no commission on crypto CFD trades. While its spreads are variable, the average spread for BTC/USD, for instance, is around 10.1089.

6. KuCoin: Top Social Trading Altcoin Exchange

  • Number of Assets: 1
  • Minimum Deposit: (Details not provided)
  • Platform Type: Crypto


  • Allows anonymous trading with withdrawal limits of up to 2 BTC every 24 hours.
  • Offers an extensive range of cryptocurrencies.
  • No fees for depositing funds.


  • Lower trading volumes, which might not be ideal for large-scale traders.
  • Does not cater to U.S. customers.
  • Potential delays and lags during periods of high traffic.


KuCoin shines as an excellent platform for beginners, offering trading opportunities in more than 700 altcoins. It’s a social trading hub, connecting over 20 million investors from 200+ countries around the world.

For newcomers, KuCoin’s beginner zone is particularly appealing, offering rewards of up to $500 for new users. The platform is rich in features for crypto enthusiasts, including a staking service to earn from stored crypto, an NFT marketplace, and margin trading features for purchasing leveraged tokens.

Fee Structure

KuCoin adopts a sliding scale for trading fees. Transactions below 50 BTC in a 30-day period are subject to a 0.1% fee. Users can avail discounts by paying fees in KuCoin’s native token, KCS, or by maintaining a balance of over 1000 KCS in their accounts.

Buying Bitcoin in Egypt: A Step-by-Step Guide

Investing in Bitcoin in Egypt is straightforward, especially if you have a phone or internet connection. To ensure a smooth and efficient experience, here’s what you’ll need to get started:

  1. Crypto Exchange Account: The first step is to choose a reputable crypto exchange and set up an account. Doing this in advance means you’ll be ready to invest in Bitcoin as soon as you find a favorable price.
  2. Payment Method: Many Egyptians opt to buy Bitcoin using a bank account or card payment. Alternatives like PayPal or other e-wallets are also viable options. Ensure you have the necessary details for the payment method you choose, be it a credit card, PayPal, or another service.
  3. Photo ID for Verification: In Egypt, buying Bitcoin typically requires ID verification. This is a compliance measure under the Know Your Customer (KYC) regulations, aimed at preventing fraudulent activities. Be prepared to provide a copy of your photo ID during the purchase process.
  4. Personal Crypto Wallet (Optional): After purchasing Bitcoin, you have the option to either keep it on the exchange or transfer it to a personal crypto wallet for added security. If you prefer the latter, consider setting up a wallet with a popular service like MetaMask beforehand for convenience.

For those interested in more private transactions, it’s possible to buy cryptocurrency in Egypt without providing ID through P2P (peer-to-peer) exchanges.

However, be aware that P2P platforms are generally less secure and can be more complex to navigate, making them more suitable for experienced crypto investors.

It’s important to note that most exchanges will require some form of ID verification for the majority of users.

How to buy crypto on the best Bitcoin exchange in Egypt?

To purchase Bitcoin or other cryptocurrencies in Egypt, follow this straightforward guide. This process is applicable whether you aim to buy and sell Bitcoin or engage in crypto trading.

Step 1: Sign Up for Skilling

We recommend Skilling as the optimal crypto exchange for Egyptian users.

Step 2: Account Creation

To set up your account, you’ll need to provide some basic personal information such as your name and email address. Most Egyptian crypto exchanges also require a form of photo ID for verification before you can use your account to buy cryptocurrency.

Step 3: Deposit Funds

Navigate to the bank or deposit section of your crypto trading platform account. Here, you can input the amount you wish to deposit, select your preferred payment method (like a bank account or credit/debit card), and transfer the money you intend to use for buying crypto onto the exchange.

Step 4: Search for Your Preferred Crypto

To buy Bitcoin or another cryptocurrency, type the coin’s name or symbol (e.g., BTC for Bitcoin) into the search box. Then, enter the details of your intended trade.

Step 5: Purchase Cryptocurrency

Click the ‘buy’ or ‘trade’ button to initiate your purchase. Specify the amount of cryptocurrency you wish to buy and confirm the trade.

Step 6: Transfer to a Crypto Wallet (Optional)

Once the trade is completed, your cryptocurrency will appear in your exchange wallet. You have the option to leave it there or transfer it to a dedicated crypto wallet for additional control over your assets. While using a wallet gives you more security and control, it can be less convenient if you plan frequent trades.

For further guidance on choosing the best Bitcoin wallet in Egypt, you can find more detailed information below. This will help you make an informed decision about managing your crypto assets securely and efficiently.

What is the best Bitcoin wallet in Egypt?

What is the best Bitcoin wallet in Egypt

Bitcoin wallets, being private and unregulated, are globally accessible and not limited by geographical boundaries. Two of the most highly regarded crypto wallets are MetaMask and Trust Wallet, both of which are available worldwide.

In recent times, there’s been a shift towards integrated crypto services. These platforms combine the functionalities of an exchange and a wallet into a single account.

For most beginners, the most convenient option is to opt for a service like Binance or OKX. These platforms allow you to purchase cryptocurrency through their exchange and then provide the facility to store it securely on the same platform.

This integrated approach simplifies the process for those new to cryptocurrency, making it a popular choice for starters in Egypt.

Selecting the Right Bitcoin Exchange in Egypt: Key Considerations

Selecting the Right Bitcoin Exchange in Egypt

When choosing a Bitcoin exchange in Egypt, several factors should influence your decision, such as exchange fees, storage security, and the variety of altcoins available. Here’s a guide to help you find the best option for buying crypto in Egypt.

Examine Trading Fees: Trading fees vary significantly among Egyptian crypto exchanges. Most offer affordable trading, but fees can range widely. Comparing these fees is crucial to save money. Typically, the best exchanges charge 1% or less of the trade amount, but some might charge more. Additionally, be mindful of potential deposit and withdrawal fees.

Evaluate Fund Storage Safety: The safety of customer funds is paramount. Opt for exchanges that are regulated in Egypt, as this provides a safety net. The best exchanges store funds in segregated accounts, preferably using cold storage (offline). Exchanges audited by reputable firms offer additional assurance.

Assess Platform Usability: Consider how you plan to trade and manage your portfolio. If mobile trading is your preference, seek out the best crypto app in Egypt. Check for desired tools like analysis charts and software integrations to ensure the platform aligns with your needs.

Understand the Verification Process: Most regulated exchanges in Egypt require identity verification. Review the verification process beforehand to ensure a smooth sign-up. If you prefer anonymity, identify exchanges that don’t require extensive personal details.

Cryptocurrency Variety: While all exchanges offer Bitcoin, the range of other cryptocurrencies varies. If you’re interested in altcoins, choose an exchange with a broad selection and the ability to swap between different cryptos.

Deposit Currency Options: Many exchanges in Egypt primarily accept USD deposits. If USD isn’t your primary currency, consider larger exchanges like Binance or local platforms tailored for Egyptian traders.

Accepted Payment Methods: Determine your preferred payment method. While most Egyptian exchanges accept bank and card payments, alternatives like PayPal may be less common. Larger exchanges typically offer more payment options, but it’s still important to confirm beforehand.

Look for Additional Features: Consider whether you want to stake or lend your coins, earn interest, or borrow crypto. Not all platforms provide these services. While using multiple exchanges is an option, starting with a single, comprehensive service is often more convenient.

Understanding the Types of Crypto Exchanges in Egypt

In Egypt, crypto investors typically use a centralized, global exchange like Binance or Coinbase, but there are various types of cryptocurrency exchanges available. Here’s an overview of the most common forms:

Centralized Exchanges: These exchanges function under a central authority, usually a company. Users create accounts and deposit funds, which are managed by the central entity. All trades are processed through this central authority. Binance is a prime example of a centralized crypto exchange.

Decentralized Exchanges: Decentralized exchanges operate without a central authority. Here, buyers and sellers interact directly, with the platform merely facilitating these connections. Accounts are not created; instead, cryptocurrencies are transferred directly between wallets during transactions.

Peer-to-Peer (P2P) Exchanges: P2P exchanges blend elements of decentralized platforms with a central body acting as an intermediary. Transactions involve both parties making payments, and the central body releases funds once all parties have fulfilled their payment obligations.

Can I buy traditional financial assets on a crypto exchange in Egypt?

While some crypto platforms in Egypt might offer traditional financial assets, it’s often more effective to use dedicated services for specific assets.

For stock trading, specialized trading platforms are ideal, while the best forex brokers in Egypt are suited for currency trading.

The top CFD brokers in Egypt typically offer a mix of these assets.


To invest in cryptocurrencies like Bitcoin or Ethereum in Egypt, signing up for a crypto exchange is essential. Opting for an exchange regulated by the Financial Regulatory Authority (FRA) in Egypt ensures online fund protection.

This guide offers a straightforward approach to buying cryptocurrency in Egypt using a top-tier exchange.

When investing in Bitcoin, consider whether your focus is long-term value storage or short-term speculation.

Your investment approach should guide your choice of the best platform for purchasing Bitcoin in Egypt. Look for a cost-effective, user-friendly platform to begin your crypto investment journey.

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