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.
Deposit fees:
N/A
Withdrawal fees:
0.0005 BTC
Trading fees:
0.25% β 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
Kraken
Fees β Average
Verification β 2-3 Days
Reputation β Trusted
Supported fiat β 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.
More info +
Deposit fees:
EUR SEPA Deposit (Free) β EEA countries only USD Bank Wire Deposit ($5 USD) β US onlyEUR Bank Wire Deposit (β¬10) β outside the US only USD Bank Wire Deposit ($10 USD) β outside US onlyJPY Bank deposit (Free, Β₯5,000 deposit minimum) β Japan-only USD, Wire Deposit (Free)
Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (β¬0.09) β EEA countries only USD Bank Wire Withdrawal ($5 USD) β US only USD Bank Wire Withdrawal ($60 USD) β outside US onlyEUR Bank Wire Withdrawal (β¬60) β outside US onlyJPY Bank withdrawal (Β₯20) β 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
LocalBitcoins
Fees β Low
Verification β 1 Day
Reputation β Trusted
Supported fiat β 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.
More info +
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.
ZenGoΒ 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
ElectrumΒ 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 XΒ 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 Brazil?
- How To Buy Bitcoin in Ethiopia?
- How To Buy Bitcoin in Mongolia?
- How To Buy Bitcoin in Lebanon?
Paybis
Trading Fees β Average
Verification β 1 day
Reputation β Trusted
Supported fiat β 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.
More info +
Deposit fees:
Free
Withdrawal fees:
Free
Trading fees:
0.99 β 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
CoinSmart
Fees β Low
Verification β 1 Day
Reputation β Trusted
Supported fiat β 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 itβs 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 +
Deposit fees:
0 β 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 canβt use the platform
A limited list of supported cryptos
Paxful
Fees β Average
Verification β 1 Day
Reputation β Trusted
Supported fiat β 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 +
Deposit fees:
Free
Withdrawal fees:
0.5% β 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
Yes, you can buy Bitcoin in Morocco on any of the exchanges mentioned in this article.
No, ItΒ only accepts customersΒ from Singapore, Nigeria, Indonesia, Malaysia, Zambia, and Uganda.
Yes, Kraken is available 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 wouldnβt be surprising if itβs the first country to adopt and create a national cryptocurrency.
Yes, PayPal offers its services in Morocco.
Cryptocurrency machine is installed at Amoco in Morocco. You can buy BTC for USD here.
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