How To Buy Bitcoin in Maldives?
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Easiest and cheapest ways to buy crypto in the Maldives
Getting bitcoins in the Maldives is not an easy task as not all popular crypto exchanges are available to Maldives citizens. This is a current list of bitcoin exchanges that allow users from the Maldives to buy crypto. They all support buying crypto with credit/debit cards but some of them offer other payment methods as well.
Binance
Ease of Use – Medium Fees – Low Verification – 1 Day Reputation – Trusted Supported fiat – USD, EUR, GBP, AUD, RUB
Binance was launched back in July of 2017 and very quickly became the world’s largest cryptocurrency exchange by trading volume with more than $1 billion on a daily basis.
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Deposit fees:
Free Withdrawal fees:
Vary from crypto to crypto Trading fees:
0.1% Payment Methods:
Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more Supported fiat:
USD, EUR, GBP, AUD, RUB, and 15+ more
The largest cryptocurrency platform
Various advanced services and features
Low fees and high liquidity
A large number of cryptocurrencies supported
Not fully registered
Hacked in 2019
Kraken
Ease of Use – Easy Fees – Average Verification – 2-3 Days Reputation – Trusted Supported fiat – USD, EUR, GBP, JPY, CAD
Founded in 2011 in San Francisco, California, Kraken is one of the oldest and largest crypto exchanges in the business. This centralized cryptocurrency exchange allows its users to quickly and securely buy and sell over 90 cryptocurrencies.
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Deposit fees:
EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, ¥5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free) Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (¥20) – Japan onlyCAD EFT Withdrawal ($10 CAD) Trading fees:
Maker: 0.16%Taker: 0.28% Payment Methods:
Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko Supported fiat:
USD, EUR, GBP, JPY, CAD
Available almost worldwide
High security
Over 90 cryptocurrencies
Various payment methods
Fees slightly above the industry average
No tax support
Cex.io
Ease of Use – Easy Fees – High Verification – 1 Day Reputation – Trusted Supported fiat – USD, EUR, GBP, RUB
Cex.io is one of the crypto exchanges that has been around the longest, since 2013. At first, it started only as a Bitcoin exchange and cloud mining provider, but we can now safely say Cex.io is a g global crypto platform that has over 4 million users. The reputation of the exchange seems to be very high, mainly due to its longevity on the crypto market.
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margin trading, staking as a service, crypto loans, and savings accounts. CEX is authorized as an MSB by FinCEN and has a Level 2 PCI DSS data security clearance. The exchange shows due diligence for storage, processing, and transmission of payment cards data.
Deposit fees:
0 – 3.99 % Withdrawal fees:
0 – 3 % Trading fees:
0 – 0.25 % Payment Methods:
Credit Card, Bank transfer, ACH, Epay, Skrill, SEPA, Faster Payments Supported fiat:
USD, EUR, GBP, RUB
Well-established and highly appreciated
It has been around for a very long time
Over 4 million users
Advanced trading features
Extensive Verification Process
Lower liquidity when compared to main competitors
Best Bitcoin Wallets in Maldives
It is never a good idea to keep your coins on an exchange as that exposes you to numerous risks (exchange hacks, fund freezes by the exchange or some government regulatory body, etc). That is why you should use one of the wallets we list below to store your digital assets. The safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.
ZenGo is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.
extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account
No major flaws
Electrum is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux
One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains
Not completely open source
Ledger Nano X is a leading and most secure cold storage wallet that connects to your device via Bluetooth.
Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet
Small display
complicated to setup for newbies
Read also:
- How To Buy Bitcoin in Colombia?
- How To Buy Bitcoin in Austria?
- How To Buy Bitcoin in Portugal?
- How to Buy Bitcoin in The Marshall Islands?
Coinmama
Ease of Use – Easy Fees – High Verification – 1 Day Reputation – Trusted Supported fiat – USD, EUR, GBP, CAD, AUD
Founded in 2013 in Israel, Coinmama is one of the oldest crypto exchanges in the business. With its current headquarters in Dublin, Ireland, this centralized cryptocurrency exchange allows its users to quickly and securely buy and sell cryptocurrencies.
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Deposit fees:
0 – 5 % Withdrawal fees:
None Trading fees:
2.9 – 3.9 % Payment Methods:
Bank Transfer (SEPA), SWIFT, Fedwire, Bank cards, Open Banking, Google Pay, Apple Pay, Skrill Supported fiat:
USD, EUR, GBP, CAD, AUD
Available almost worldwide
Mobile App (Android and iOS)
Good for Beginners
Good Support
Various payment methods
A small selection of available cryptocurrencies
Medium fees
Deposit fees:
Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (US $0.15 min.)Coinbase USD wallet: 1.49%ACH Transfer USD: $0 Wire Transfer USD: $10 Withdrawal fees:
SEPA: €0.15U.S Bank Transfer: 1.49% (US $0.15 min.)Coinbase USD wallet: 1.49%Wire Transfer USD: $25 Trading fees:
Fees vary Payment Methods:
Bank Account, Debit Card, Credit Card, Wire Transfer, SEPA Transfer Supported fiat:
USD, EUR, GBP, AUD, CAD, CNY & 50+ more
High liquidity & limits
Great for newcomers
“Instant Buy” is available when buying with a debit card
High fees with debit and credit card purchases
Frequently asked questions about buying Bitcoin in Maldives
Yes, You can buy Bitcoin in the Maldives on any of the exchanges mentioned in this article.
Yes, Kraken is available in the Maldives.
The post How To Buy Bitcoin in Maldives? appeared first on CaptainAltcoin.
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