https://ift.tt/1ZidTl7 To Buy Bitcoin in Vietnam?

It is the first Bitcoin Live open-order book trading VBTC in the country and is a member of the global BlinkTrade network, which includes many reputable exchanges in Brazil, Chile, Venezuela, and Pakistan. VBTC is a joint effort led by the team from Bitcoin Vietnam and Israeli exchange Bit2C.

Deposit fees:
N/A
Withdrawal fees:
0.0012 BTC
Trading fees:
0.25%
Payment Methods:
Bank Transfer
Supported fiat:
VND

  Trusted by its users
  Easy to use

The limited number of payment methods
VND is the only supported fiat currency

Gate.io is mostly suitable for experienced crypto investors since it offers a powerful trading engine with advanced trading features. It has a large user base with over 3.3 million users.

The exchange offers a variety of services and features such as margin trading, perpetual contracts, crypto ETFs, options trading, leveraged tokens, and flash token swaps. Furthermore, 
Gate.io offers advanced finance features such as lending crypto, crypto loans, and mining (classic mining of proof of work coins and liquidity mining of proof of stake coins).

Deposit fees:
Free
Withdrawal fees:
Vary from crypto to crypto
Trading fees:
Maker: 0.01% Taker: 0.2%
Payment Methods:
Debit/Credit Card and Bank Transfer
Supported fiat:
USD, EUR, GBP, JPY, AUD, + 50 more

  A lot of advanced features and services
  Large user base
  Suitable for experienced traders

A low number of fiat currencies
Regulations are a gray area
Hacked in 2015
Not suitable for beginners

Currently, 4 million users in over 170 countries worldwide use Kraken’s services (excluding Washington and New York in the U.S). Kraken is registered under FinCEN in the United States.  Besides buying and selling crypto, this exchange also supports margin trading, OTC trading, market, and stop-loss limit order, staking, limit, futures, take profit market order, and more. It is an easy-to-use exchange and an ideal platform for secure, safe, and fast transactions.

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

The main advantages of Bitfinex are accessing multiple altcoins, deep liquidity, and advanced trading features. Moreover, on Bitfinex, you can stake, lend, or borrow various crypto assets. Margin trading, margin funding, and multiple order types are services also supported by Bitfinex.

Deposit fees:
0.1 %
Withdrawal fees:
0.1 %
Trading fees:
0 – 0.2 %
Payment Methods:
Debit/Credit Cards, ACH Transfer, Wire Transfer
Supported fiat:
USD, EUR, GBP, JPY, and CNH

  Good mobile apps
  The longevity on the crypto market
  It offers advanced trading and investment features
Low fees

It was hacked in 2016
Not suitable for complete beginners

Bottom Line

Pros

Cons

Binance is considered one of the safest cryptocurrency exchanges on the market. Binance provides 2FA and both cold storage and multi-sig wallets. It supports spot trading, futures, P2P trading, margin trading, earn (locked and fixed savings, DeFi staking, and yield farming), mining and staking pools. It has over 350+ cryptocurrencies available for trade and 1300+ trading pairs.

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

  Low fees
  High liquidity
  Excellent mobile app
Well-established and trusted

Hacked in 2019
Not accessible to U.S. users

The platform has almost 5 million users that can interact between themselves to buy, sell or trade one of the 3 offered cryptocurrencies. Paxful supports a vast majority of countries with the exception of OFAC Banned Countries. Their goal is to keep Bitcoin trading as easy and straightforward as possible.

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

  350+ Payment Methods
  Good customer support
Straightforward and easy to use

High exchange rates
A lot of scammers

Coinmama has over 2 million users and is operating in more than 150 countries. The company has over 40 employees. It offers a user-friendly and simple interface which makes it suitable for complete beginners.

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

  Beginner-friendly interface
  Available almost worldwide
  Various ways to deposit
Simple to use
No withdrawal fee

No mobile app and no staking
No phone number for customer support

The numerous security measures (Escrow, Reputation System, etc.) make the platform a safe and reliable Bitcoin trading place. LocalBitcoins doesn’t use the usual brokerage business model. Instead, as a P2P network, it works by connecting sellers and buyers that are located in the same area. You post an ad on the website and state the exchange rate and the desired payment method. Users in the local area can reply to the advertisement and arrange a meet-up either online or in person. The whole process is pretty straightforward.

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)

  Various payment options
  One of the oldest P2P crypto exchanges
  Accessible worldwide
High liquidity

Many scammers join the platform
Fees are higher than usual