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The easiest way to buy Bitcoin in Kuwait

How to buy Bitcoin in Kuwait

Buying Bitcoin in Kuwait is much easier than many think. It is as simple as picking an exchange, creating an account, depositing money and clicking "buy Bitcoin".

Where to buy Bitcoin in Kuwait

Buy Bitcoin Finder gives order placement preference to exchanges located in Kuwait, or exchanges that enable the smoothest verification for citizens of Kuwait.

The easiest way to buy Bitcoin in Kuwait
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The Premier Bitcoin Exchange in Kuwait

Rain is one of the first Bitcoin and cryptocurrency exchanges in the Middle East that earned a regulatory license to legally operate out of Kuwait, UAE, Saudi Arabia and many other countries in the region.

Rain's platform is simple to use and enables its users to buy, sell and trade cryptocurrencies securely through the website or mobile application.

Pros

  • The first cryptocurrency exchange in Kuwait
  • Fully regulated and licensed in Kuwait
  • Low fees and great user experience

Cons

  • Could offer more cryptocurrencies

Payment Methods

Debit Card
Credit Card
SWIFT
FAWRI
Useability
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Reputation
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Privacy
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Fees
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Buy Bitcoin with Rain

Best in class for security and data protection.

Kraken was founded in mid-2011 by long time Bitcoin advocate Jesse Powell and has grown to become one of the world's largest exchanges. Based on volume alone, they are the largest exchange in Europe and the UK.

Kraken is one of the most trusted exchanges worldwide.

Pros

  • Very low fees for traders. 0.25% maker and taker fees
  • Best in class for security and data protection
  • Great volume for traders needing liquidity

Cons

  • User interface can be confusing to newbies

Payment Methods

SWIFT
Bank Transfer (ACH)
Bank Transfer (SEPA)
Bank Wire
Useability
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Reputation
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Privacy
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Fees
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Buy Bitcoin with Kraken

Buy Bitcoin with a Debit Card or Credit Card in Kuwait

Coinmama allows users from Kuwait to instantly buy Bitcoin, Ethereum and Litecoin using their exchange. They are one of the few exchanges that allow Credit Card and Debit Card purchased for Bitcoin and crypto using Visa and Mastercard.

Pros

  • Buy Bitcoin with a Debit Card and Credit Card in Kuwait
  • Highest limit to buy Bitcoin using a Credit Card
  • Reliable and trustworthy exchange for users in Kuwait

Cons

  • Relatively high fees when using a Debit Card or Credit Card

Payment Methods

Credit Card
Debit Card
Bank Transfer (SEPA)
Useability
5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use
Reputation
5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use
Privacy
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Fees
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Buy Bitcoin with Coinmama

Bitcoin and Crypto Exchange in the UAE

BitOasis is a Bitcoin exchange based in the Middle East that enables users in the UAE, Saudi Arabia and other countries to buy Bitcoin with a bank transfer or cash deposit.

They are a good local option for users looking to buy Bitcoin on a local exchange.

Pros

  • 0.5% fee on all orders
  • Good option to buy Bitcoin in the Middle East
  • High multi-signature security protocols

Cons

  • Not the most reputable exchange worldwide

Payment Methods

Bank Transfer
Cash
Bank Wire
Useability
5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use
Reputation
5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use
Privacy
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Fees
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Buy Bitcoin with BitOasis

Peer to peer (P2P) Bitcoin exchange

Local Bitcoins is a decentralized exchange that acts as an escrow service to facilitate peer to peer buys and sells of Bitcoin by allowing users to list their own Bitcoin advertisements or trades.

Users can choose to meet and pay in person or online, making Local Bitcoins the most private way to buy Bitcoin. Local Bitcoins facilitates transactions in Australia, New Zealand, United Kingdom, United States, South Africa and virtually every other country around the world.

Pros

  • The best choice for privacy
  • Requires no personal information
  • Instant purchases available with cash

Cons

  • Users must be careful of scams
  • Slightly higher Bitcoin price than exchanges

Payment Methods

Bank Transfer
Cash
SWIFT
+ Many more
Useability
5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use
Reputation
5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use
Privacy
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Fees
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Buy Bitcoin with Local Bitcoins

Purchase Bitcoins from over 30 different countries

Coindirect is a Bitcoin exchange based in the Isle of Man that allows you to buy and sell over 30 different cryptocurrencies. They offer an easy to use platform that allows you to join and buy Bitcoin 24/7.

Coindirect are available in countries like Australia, United Kingdom, Canada, Lebanon, United States and many more.

Pros

  • Available in 142 countries
  • Relatively low fees

Cons

  • Not the most well known exchange
  • Required verification so not very private

Payment Methods

Credit Card
Bank Transfer (SEPA)
SWIFT
+ Many more
Useability
5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use
Reputation
5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use
Privacy
5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use5 Star Buy Bitcoin Rating for Ease of Use
Fees
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Buy Bitcoin with Coindirect

The status of Bitcoin in Kuwait is in a relatively precarious position. During the Bitcoin bubble in 2017, the government in Kuwait had banned financial institutions from owning or promoting trading of Bitcoin due to the volatility and global regulatory uncertainty of cryptocurrencies.

Further, Bitcoin in Kuwait is not regarded as legal tender - leaving it in a zone of in-distinction as an asset class within the country.

With that said, the ownership of Bitcoin for residents of Kuwait is completely legal. Citizens of the country are allowed to buy and sell Bitcoin without having to worry about legal ramifications on trusted exchanges such as Rain.

FAQs

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