https://ift.tt/COPt9AQ To Buy Bitcoin in Morocco?

How To Buy Bitcoin in Morocco?

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Easiest and cheapest ways to buy crypto in Morocco

Getting bitcoins in Morocco is not an easy task as not all popular crypto exchanges are available to Morocco citizens. This is a current list of bitcoin exchanges that allow users from Morocco to buy crypto. They all support buying crypto with credit/debit cards but some of them offer other payment methods as well.

Trusted & high liquidity

How To Buy Bitcoin in Morocco?

BitOasis

πŸ‘› Ease of Use – Medium
πŸ‘› Fees – High
πŸ‘› Verification – 1-2 Days
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – AED (UAE Dirham)

BitOasis is the Middle East & North Africa’s (MENA) largest digital asset trading exchange, platform, and wallet service.

More info +

The BitOasis platform allows you to buy, sell and trade your digital assets easily and securely. Sadly, BitOasis is not transparent with its withdrawal fees, deposit fees, and BTC/fiat conversion rate. It was launched in 2014.

⚑ Deposit fees:
N/A
⚑ Withdrawal fees:
0.0005 BTC
⚑ Trading fees:
0.25% – 0.50%
⚑ Payment Methods:
Credit Card, Debit Card
⚑ Supported fiat:
AED

Β  Debit card deposits for 6 Middle East countries
Β  Perfect if you want to trade in AED

Fiat deposits and withdrawals only available for six nations
No live chat or telephone support
Not regulated

Regulated & high liquidity

How To Buy Bitcoin in Morocco?

Kraken

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 2-3 Days
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, JPY, CAD

Kraken is one of the oldest and biggest centralized cryptocurrency exchanges on the market. It was founded in San Francisco, California, the United States, in 2011. It has over 6 million users all over the world. Kraken offers 90+ cryptocurrencies that you can buy, sell, and trade.

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Today, Kraken is available in more than 170 countries around the world. It is registered under FinCEN in the U.S., but residents from New York and Washington aren’t allowed to use it. It is a user-friendly exchange and an excellent platform for safe and secure transactions. It supports buy/sell, send/receive, exchange, margin trading, OTC trading, staking, limit, market, and stop-loss limit order, futures, take profit market order, and more.

⚑ 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, Β₯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 (Β₯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

Β  170+ countries supported
Β  Never been hacked
Β  Mobile App (iOS and Android)
Various payment methods
A wide range of cryptocurrencies is available

Fees slightly above the industry average
Limited customer support

Established & high liquidity

Localbitcoins

LocalBitcoins

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, and more

LocalBitcoins is one of the oldest P2P online marketplaces where you can buy and sell Bitcoin. It is considered the largest peer-to-peer crypto platform. LocalBitcoins is based in Helsinki, Finland.

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LocalBitcoins was founded by Jeremiah Kangas in 2012. It operates in more than 240 countries worldwide. The platform is a peer-to-peer network that connects sellers with buyers in the local area. Users post ads on the platform in which they state payment methods and exchange rates for purchasing or selling Bitcoins. Then, other users reply to these ads in order to make a transaction. LocalBitcoins has a great reputation in the crypto market and it pays a lot of attention to regulations and security of the platform.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
1%
⚑ Payment Methods:
SEPA, Wire Transfer, Paypal, WeChat, MoneyGram, Credit Card, Debit Card, etc.
⚑ Supported fiat:
USD, EUR, GBP, RUB, and more (most currencies)

Β  It has been active on the crypto market for a very long time
Β  A large number of payment methods
Β  Available worldwide, in all countries

KYC is mandatory
Potentially meeting a person face-to-face might be unpleasant

Best Bitcoin Wallets in Morocco

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.

Bottom Line
Pros
Cons
ZenGo
ZenGo
Mobile


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Bottom Line

ZenGoΒ is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.

Pros

extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account

Cons

No major flaws

Exodus
Exodus
Desktop


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Bottom Line

ElectrumΒ is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux

Pros

One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains

Cons

Not completely open source

Ledger Nano X
Ledger Nano X
Hardware


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Bottom Line

Ledger Nano XΒ is a leading and most secure cold storage wallet that connects to your device via Bluetooth.

Pros

Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet

Cons

Small display
complicated to setup for newbies

Read also:

Regulated & high liquidity

How To Buy Bitcoin in Morocco?

Paybis

πŸ‘› Ease of Use – Easy
πŸ‘› Trading Fees – Average
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, and more

Paybis is a cryptocurrency exchange that offers a safe, secure, stable, and easy to use platform to its users from when it was founded back in 2014.

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With its headquarters in the United Kingdom, Paybis offers a multilingual platform with 9 different languages to choose from English, French, Arabic, Italian, Korean, Spanish, German, and Russian. Paybis supports 180 different countries around the world, and they have 24/7 multilingual customer support. The platform offers only 38 cryptocurrencies, including the most popular ones: BTC, BCH, BNB, ETH, LTC, XRP, USD Tether, etc. Paybis is registered with the Financial Crimes Enforcement Network as an MSB.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
0.99 – 2.49 %
⚑ Payment Methods:
Bank Transfer, Credit/Debit Card, Skrill, and Neteller.
⚑ Supported fiat:
USD, EUR, GBP, and 40+ more

Β  Super easy to use
Β  Excellent customer support
Β  A great resource for crypto education
Transparent fees and fast transactions

A limited number of supported crypto assets
A bit higher trading fees

Established & high liquidity

How To Buy Bitcoin in Morocco?

CoinSmart

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – CAD

Coinsmart is one of the most popular Canadian crypto exchange alternatives. It was founded in 2018 by Justin Hartzman and Jeremy Koven. Considering that it’s a relatively new exchange, Coinsmart has managed to come a long way and build a reputation through its strong customer support and wide range of custom tools.

More info +

Coinsmart is highly regarded because of its fast verification process, simple and user-friendly interface, bank-grade security, and plenty of funding through fiat currency options. Advanced traders can also find the platform useful since the platform offers some cutting-edge tools for them as well.

⚑ Deposit fees:
0 – 6 %
⚑ Withdrawal fees:
1% ($15 Minimum)
⚑ Trading fees:
0.20% for a single trade and 0.40% for double trade
⚑ Payment Methods:
Interac E-transfer, Bank draft, SEPA, Wire transfer, Credit card, Debit card, Simplex, and Crypto assets
⚑ Supported fiat:
CAD

Β  Beginner-friendly
Β  Strong customer support
Β  Includes a referral program
Supported by Canadian Bank

USA citizens can’t use the platform
A limited list of supported cryptos

Established & high liquidity

paxful

Paxful

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, CAD, AUD + more

Founded back in 2015, with its headquarters in New York, United States, a cryptocurrency exchange platform Paxful offers its services to nearly 5 million users around the globe.

More info +

Being one of the longest-lasting P2P Bitcoin exchanges, Paxful offers its users a straightforward and easy-to-use platform where they can buy, sell and trade supported crypto fast. When it comes to supported cryptocurrencies, Paxful supports only 3: Bitcoin, Ethereum, and Tether USD. However, the volume of Bitcoin trading is very high. On the other hand, Paxful supports a stunning amount of fiat currencies, more than 140 different ones.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
0.5% – 5%
⚑ Trading fees:
No buyer fee, seller fee varies from 0.5% to 5%
⚑ Payment Methods:
Over 350 payment methods are available
⚑ Supported fiat:
USD, EUR, GBP, CAD, AUD, and many more

Β  Safe Escrow trading
Β  Various payment methods
Responsive support forum
Support for a large number of fiat currencies

A bit higher fees
A lot of scammers

Frequently asked questions about buying Bitcoin in Morocco

Can I buy Bitcoin in Morocco❓

Yes, you can buy Bitcoin in Morocco on any of the exchanges mentioned in this article.

Does Luno work in Morocco❓

No, ItΒ only accepts customersΒ from Singapore, Nigeria, Indonesia, Malaysia, Zambia, and Uganda.

Can I use Kraken in Morocco❓

Yes, Kraken is available in Morocco.

Can I use Binance in Morocco❓

Yes, you can use Binance, Coinbase, Kraken, and others website in Morocco. In fact, Morocco banks and government are actively looking toward the blockchain and investing in cryptocurrencies, it wouldn’t be surprising if it’s the first country to adopt and create a national cryptocurrency.

Does Morocco use Paypal❓

Yes, PayPal offers its services in Morocco.

Is there Bitcoin ATM in Morocco❓

Cryptocurrency machine is installed at Amoco in Morocco. You can buy BTC for USD here.

The post How To Buy Bitcoin in Morocco? appeared first on CaptainAltcoin.

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