Crypto exchanges in Egypt enable buyers and sellers to trade digital currencies. Choosing the right crypto exchange, however, is no easy feat – as many factors need to be taken into account.
This covers everything from supported coins and trading commissions to minimum account balances and accepted payment methods.
In this guide, we compare the seven best crypto exchanges in Egypt to consider today.
The Best Crypto Exchanges in Egypt for 2024
The seven best crypto exchanges in Egypt for 2024 can be found in the summarized list below:
- Crypto.com – Top Crypto App With Support for Visa and MasterCard
- Coinbase – User-Friendly Crypto Exchange for Beginners
- Binance – Low Commission Crypto Exchange With 600+ Supported Coins
- BitOasis – Buy and Sell Bitcoin at 0.46% Commission
- Paxful – P2P Bitcoin Exchange Connecting Buyers and Sellers
- Gemini – Safe and Secure Crypto Exchange With Great Reputation
In choosing the best crypto exchange in Egypt, we suggest reading our comprehensive reviews.
The Top Bitcoin Exchanges in Egypt Reviewed
When reviewing the best crypto exchanges in Egypt, we explored a wide range of important factors. This includes the security of the platform itself and whether or not it charges competitive fees.
Moreover, we also considered what payment types the exchange accepts and which cryptocurrencies it supports in addition to Bitcoin.
Below, we offer comprehensive reviews of the best crypto exchanges in Egypt to consider using in 2024.
1. Crypto.com – Top Crypto App With Support for Visa and MasterCard
For those looking for the best Egyptian crypto exchange for mobile trading, Crypto.com is well worth considering. The regulated platform offers a user-friendly app for both iOS and Android devices that comes with a wide variety of crypto products and services.
For instance, the Crypto.com exchange app enables instant deposits with credit and debit cards. This comes with a standard transaction fee of 2.99%. Once a Crypto.com account is funded, users can then trade digital currencies at a commission of just 0.40%.
The platform – through its maker/taker pricing structure, rewards high-volume traders with lower commissions. Those buying and staking the Crypto.com native token – CRO, will also have access to trading discounts. When it comes to supported coins, the Crypto.com app offers more than 250 digital assets.
This means that Crypto.com helps users diversify their portfolios with low fees. It also provides access to an NFT marketplace that features thousands of NFTs, and buyers won’t have to pay any commissions. The platform is well-liked by those looking for quick crypto loans without having to undergo a credit or affordability check.
With that said, perhaps the stand-out feature that makes Crypto.com one of the best crypto exchanges in Egypt is its interest accounts. This allows users to deposit their crypto tokens into a secure account that generates an APY of up to 14.5%. On stablecoins like Tether, an APY of up to 10% is offered.
There are three terms to choose from – flexible, 1-month, and 3-month. The most attractive APYs are offered to those that buy and stake CRO tokens. Crypto.com is also popular with those that want to spend their digital currencies in the real world, such as online or at an ATM to withdraw cash. This is because the Crypto.com card can be used anywhere that accepts Visa.
| Number of Cryptos | 250+ |
| Debit Card Fee | 2.99% |
| Fee to Buy Bitcoin | Up to 0.40% commission |
| Minimum Deposit | $20 |
What We Like:
Cryptoassets are a highly volatile unregulated investment product.
2. Coinbase – User-Friendly Crypto Exchange for Beginners
For those searching for the best Bitcoin exchange in Egypt for user-friendliness, Coinbase is a great option. The platform can be accessed via a standard web browser or its native app for iOS and Android. There are no complicated processes at Coinbase and opening an account usually takes less than 10 minutes.
Many first-time investors will look to buy crypto at Coinbase with a standard debit or credit card – where both Visa and MasterCard are supported. For each crypto investment completed in this manner, a fee of 3.99% will be taken from the deposit amount.
In terms of trading commissions, there is a flat fee for orders of less than $200. Anything above $200 will be charged at 1.49% per slide. It goes without saying that when considering both its deposit and trading fees, Coinbase is a lot more expensive than other crypto exchanges in Egypt.
Coinbase does, on the other hand, offer a free crypto wallet. This is a custodial wallet that can access online or via the mobile app. Coinbase will safeguard the private key for the wallet and it also requires all users to set up two-factor authentication. This means that on each login attempt, a code will be sent to the cell phone number registered to the account.
Additionally, should a user attempt to sign into their account from a new laptop or mobile device, Coinbase will require confirmation via email. We also like that just 2% of client digital assets are kept in hot wallets. The rest is kept offline at all times – away from remote hacking attempts.
Coinbase – just like Crypto.com, also offers an NFT marketplace. This was only launched recently though, so the number of NFTs available to buy is somewhat limited. Staking tools are also offered by Coinbase and the highest APY available is 5%. Finally, Coinbase supports more than 150+ digital currencies – which is ideal for creating a diversified portfolio.
| Number of Cryptos | 150+ |
| Debit Card Fee | 3.99% |
| Fee to Buy Bitcoin | 1.49% |
| Minimum Deposit | $50 is recommended |
What we like
Cryptoassets are a highly volatile unregulated investment product.
3. Binance – Low Commission Crypto Exchange With 600 Supported Coins
The next platform to consider from our breakdown of the best cryptocurrency exchanges in Egypt is Binance. This platform offers more than 1,000 trading markets across 600 supported coins. This covers a wide range of crypto-to-fiat pairs, as well as plenty of crypto-crosses like ETH/BTC and ETH/USDT.
When trading crypto on the Binance exchange, a commission of 0.10% will be charged. This is super low and means that for every $100 traded, a fee of just $0.10 will apply. When holding BNB tokens, Binance will reduce the commission by 25%. In terms of opening an account with Binance, this will initially only require an email address and a preferred password.
However, those looking to deposit funds in fiat money will need to provide some personal information and a copy of a government-issued ID. While Binance does not directly support debit or credit card payments, the platform does provide a P2P marketplace.
This connects Egyptian buyers and sellers directly and a wide variety of payment methods are accepted. This includes local bank transfers via CIB, NBE, and more. With that said, accepted payment types are determined by the respective seller on the P2P marketplace, so buyers will need to browse through the many ads manually.
Fees will also be determined by the seller, albeit, this will be built into the final price that buyers see on their screen. After users have purchased crypto via Binance, they might decide to keep the tokens in the platform’s mobile wallet for iOS or Android. Tokens can also be stored in the Binance web wallet for added convenience.
Binance also offers a wide range of DeFi tools – such as yield farming, staking, and interest accounts. APYs and terms will vary depending on the DeFi product and respective token. Binance is also popular for those that want to buy and sell crypto with leverage. This is inclusive of leverage futures, options, and spot trading markets.
| Number of Cryptos | 600+ |
| Debit Card Fee | Not supported |
| Fee to Buy Bitcoin | Up to 0.10% |
| Minimum Deposit | Depends on payment type and P2P seller |
What we like
Cryptoassets are a highly volatile unregulated investment product.
4. BitOasis – Buy and Sell Bitcoin at 0.46% Commission
BitOasis is next up on our list of the best Egypt crypto exchanges to consider right now. The platform supports debit and credit card purchases, but much like Coinbase, BitOasis charges high fees. In fact, this stands at 4.5% of the transaction amount – so $4.50 for every $100 deposited.
Bank wires are also supported and this will reduce your deposit fees by a considerable amount. In terms of trading fees, the most that users will pay at BitOasis to buy and sell crypto is 0.46%. While this isn’t the lowest commission that we came across, it is competitive nonetheless.
For those that wish to trade crypto at BitOasis but have little to no prior experience, there is a basic platform that supports simple buy and sell orders. There is also an advanced platform that comes packed with high-level charts and technical indicators. Finally, BitOasis offers a popular mobile app for iOS and Android.
| Number of Cryptos | 40+ |
| Debit Card Fee | 4.5% |
| Fee to Buy Bitcoin | Up to 0.46% |
| Minimum Deposit | Not stated |
What we like
Cryptoassets are a highly volatile unregulated investment product.
5. Paxful – P2P Bitcoin Exchange Connecting Buyers and Sellers
While Paxful isn’t a crypto exchange in the classic sense, it does allow buyers and sellers to trade digital currencies. The main concept of Paxful is that offers a P2P platform to connect traders.
This means that sellers will list the digital currency that they wish to sell alongside the payment methods that they are happy to accept. Fees and built into the price that users see on their screen and this is determined on a seller-by-seller basis.
Traders are advised to be careful when using a P2P platform, as scams can and will take place. With that said, we like that the platform has an escrow system in place that requires the seller to deposit their tokens into a wallet controlled by Paxful.
Only when payment is confirmed will the tokens be released. Another major drawback with Paxful is that it only supports three cryptocurrencies – Bitcoin, Ethereum, and Tether.
| Number of Cryptos | 3 |
| Debit Card Fee | Depends on the seller |
| Fee to Buy Bitcoin | Depends on the seller |
| Minimum Deposit | Depends on payment type and P2P seller |
What we like
Cryptoassets are a highly volatile unregulated investment product.
6. Gemini – Safe and Secure Crypto Exchange With Great Reputation
The final platform to consider from our list of the best crypto exchanges in Egypt is Gemini. This platform is based in the US but it supports account applications on a global basis. The Gemini exchange offers access to more than 75 digital assets.
This is inclusive of large-cap tokens like Bitcoin and Ethereum, as well as a long list of DeFi coins. Moreover, Geminin accepts instant payments via a debit/credit card. However, Gemini charges a fee of 3.49% when using this payment method. When it comes to commissions, this is also expensive at 1.49% per slide – which mirrors Coinbase like-for-like.
On the other hand, we do like Gemini for its commitment to safety and regulation. This includes a license with bodies in New York and setting up two-factor authentication is mandatory. Gemini also stands out when it comes to its interest accounts. When depositing 1inch, for instance, users will earn an APY of up to 8.05%.
With that said, Bitcoin attracts an APY of just 1%, while at Crypto.com, up to 6% is available. We also like Gemini for its pre-paid MasterCard. This is funded by crypto held in a Gemini account and the card can be used online, in-store, or at ATMs. Finally, Gemini has its own stablecoin – GUSD, which can also be used to earn interest.
| Number of Cryptos | 75+ |
| Debit Card Fee | 3.49% |
| Fee to Buy Bitcoin | 1.49% |
| Minimum Deposit | Not stated |
What we like
The Best Egypt Crypto Exchanges Compared
The comparison table below highlights the core metrics that we found when reviewing the best Egypt crypto exchanges.
| Crypto Exchanges | Number of Coins | Fee for Buying Bitcoin | Debit Card Fee |
| Crypto.com | 250+ | Up to 0.40% per slide | 2.99% |
| Coinbase | 60+ | 1.49% standard commission | 3.99% |
| Binance | 1,000+ markets | Up to 0.10% per slide | P2P marketplace only |
| BitOasis | 40+ | Up to 0.46% per slide | 4.50% |
| Paxful | 3 | Depends on the seller | Depends on the seller |
| Gemini | 75+ | 1.49% | 3.49% |
How to Choose the Best Egypt Cryptocurrency Exchange for You
Choosing the best crypto exchange in Egypt requires research of the core factors listed below:
- Regulation
- Tradable Cryptos
- Sign up Offers
- Fees
- Tools & Features
- Payment Methods
- Customer Service
We explain the above factors in more detail in the sections below:
Regulation
The best Egypt crypto exchanges are regulated. This means that both buyers and sellers are protected when trading digital currencies.
Regulation is not an easy feat to achieve for crypto exchanges, as financial bodies are required to do lots of due diligence before awarding a license.
Tradable Cryptos
There are now nearly 20,000 cryptocurrencies listed on CoinMarketCap. While top crypto exchanges in Egypt will not give you access to all available markets, it’s best to choose a platform that allows investors to create a diversified portfolio.
For those looking for access to a broad range of digital assets, Crypto.com hosts over 250 different tokens.
Sign-up Offers
Some crypto exchanges in Egypt offer a bonus to new customers. The terms and conditions associated with a bonus will vary from one platform to another.
At Crypto.com, for example, the exchange offers a sign-up bonus of up to $50 for new customers that open an account and stake its native token – CRO. This is a great way to earn some free crypto tokens.
Fees
The best crypto exchanges in Egypt support low-fee deposits. After all, in order to buy and trade crypto, users will first need to add some capital to their account.
After assessing deposit fees, users should also look at what commissions apply when choosing the best cryptocurrency exchange in Egypt.
At Crypto.com, for instance, traders will pay a maximum commission of 0.40%. However, when using Gemini, a standard commission of 1.49% will apply.
Tools & Features
Some of the best tools offered by top crypto exchanges in Egypt are discussed below:
Pricing Charts and Technical Analysis
Being able to predict future price movements in the crypto trading space requires a variety of analysis tools. This is why the best Egypt crypto exchanges will offer real-time pricing charts, technical indicators, drawing tools, and more.
Copy Trading
Some platforms offer a copy trading tool that allows its users to mirror the investments of an experienced professional. After choosing an investor to copy, all future investments will be replicated in the user’s portfolio.
This means that even beginners can actively buy and sell crypto without needing to have any prior knowledge.
Price Alerts
We also found that some of the best crypto exchanges in Egypt offer real-time pricing alerts.
This means that account holders can elect to receive a notification on their phone when a pre-determined price movement is triggered. This could, for example, be an alert when Bitcoin surpasses $40,000.
Payment Methods
It is important to check what payment methods the provider supports when searching for the best Bitcoin exchange in Egypt.
For instance, when using the likes of Binance or Paxful, there is no direct support for fiat money deposits. Instead, users are required to trade via a P2P marketplace – which can be both expensive and insecure.
On the other hand, there are crypto exchanges that not only support e-wallets and credit/debit card payments but bank wires too.
Customer Service
We prefer crypto exchanges that offer customer service via live chat. Not only does this allow users to speak with an agent in real-time, but there is no requirement to pick up the telephone and wait on hold.
Some exchanges only support email inquiries, so be sure to check this before choosing a provider.
How to Use an Egyptian Crypto Exchange
For those that have never previously used a crypto exchange, the guide below will explain the required steps with that many crypto exchanges will want you to follow.
Step 1: Open an Account
Users will first need to choose which crypto exchange they want to open an account with. Visit the chosen site or app and find the button to join or create an account. This will usually require the user to provide the platforms with some basic personal information and contact details – such as a first and last name, date of birth, and cell phone number.
You may also be asked to answer a few simple questions about their prior trading experience.
Step 2: Upload ID
All new customers on a platform are likely to be asked to upload some ID. This can be a passport or driver’s license, but the document must still be valid.
Crypto exchanges often requires a document that validates the user’s home address, too. This can be something as simple as a bank account statement, but the document must have been issued within the prior three months.
Step 3: Deposit Money
Traders located in Egypt will need to deposit a minimum amount as mandated by the chosen exchange. The fee charged on all supported payment methods will vary depending on the platform.
Step 4: Search for Crypto
You will be able to search for crypto coin or coins you want to by on your selected platform. You will be able to search by typing in the coin name or its trading symbol. You should be presented with historical data for the coins you’re interested in before choosing to buy.
Step 5: Buy Crypto
Each platform will vary on your steps to make your crypto purchase. You will need to enter the amount of the currency you want to buy or how much USD you want to use.
Are Crypto Exchanges Legal in Egypt?
Since 2018, crypto trading within Egypt has been outlawed. However, this has not stopped Egyptian traders from buying Bitcoin and other popular digital currencies.
In fact, trading volumes continue to rise year on year. Ultimately, when buying crypto online, traders in Egypt will opt for an exchange that is based overseas.
Conclusion
The seven best crypto exchanges in Egypt have been reviewed on this page. The main focus of our research team was to find an exchange that allows Egyptians to buy and sell crypto in a safe, low-cost, and burden-free way.