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

Binance





Launched in July 2017, Binance quickly became the worldβs largest centralized crypto exchange, with more than $15 billion in daily trading volume. It has over 30 million users all over the world. Binance offers an impressive number of cryptocurrencies that you can buy, sell, and trade with low trading fees.
More info +
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
Β Low fees
Β High liquidity
Β Excellent mobile app
Well-established and trusted
Hacked in 2019
Not accessible to U.S. users

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 Available almost worldwide
Β Longevity on the crypto market β highly respected exchange
Β Over 90 cryptocurrencies
Advanced trading and staking services
Fees are fairly high compared to its main competitors
No derivates or futures trading

Cex.io





Cex.io is considered one of the oldest exchanges in the crypto world. It was launched in 2013. It started as a Bitcoin exchange and cloud mining provider, but today it is a global multi-functional crypto platform with over 4 million users.
More info +
Deposit fees:
Β 0 β 3.99 % Withdrawal fees:
0 β 3 % Trading fees:
0 β 0.25 % Payment Methods:
Credit Card, Bank transfer, ACH, Epay, Skrill, SEPA, Faster Payments Supported fiat:
USD, EUR, GBP, RUB
Β Reputation is high
Β Longevity on the crypto market
Β Over 4 million users
Advanced features such as spot trading, margin trading, staking as a service, crypto loans, and savings accounts
Extensive Verification Process to Increase Purchasing Limits
Best Bitcoin Wallets in Myanmar
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 Finland?
- How To Buy Bitcoin in Jordan?
- How To Buy Bitcoin in Suriname?
- How To Buy Bitcoin in Laos?

Coinmama





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.
More info +
Deposit fees:
0 β 5 % Withdrawal fees:
None Trading fees:
2.9 β 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
Β Available almost worldwide
Β Mobile App (Android and iOS)
Β Good for Beginners
Good Support
Various payment methods
A small selection of available cryptocurrencies
Medium fees

Deposit fees:
Free Withdrawal fees:
0.001 BTC Trading fees:
0.10% β 0.35% Payment Methods:
Credit/debit cards, Local bank transfer Supported fiat:
USD
Β Ability to set real-time market limit orders
Β Low fees
Β Clean user interface
Strong reputation
Exclusive to a limited number of countries

Paybis





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

Paxful





Paxful is βthe Uber of the Bitcoinβ. It is a crypto exchange based in the US that has over 200 employees. Paxful was launched back in 2015 so it has been around for quite some time now. The founders of Paxful are Artur Schaback and Ray Youssef.
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 An incredible number of payment methods
Β Easy-to-use platform
Available in more than 180 countries
Security is on a high level
No trading features
It is not regulated
Frequently asked questions about buying Bitcoin in Myanmar

Myanmarβs military government is consulting on a new cybersecurity law that will ban the use of cryptocurrency in the country, among other restrictions. Under the proposed law (Burmese), the use of digital currency may attract imprisonment of 6-12 months or fines up to MMK 5 million (USD 2,800).

Myanmarβs National Unity Government RecognizesΒ Stablecoin TetherΒ as Official Currency. The National Unity Government in Myanmar, an unofficial government, led by those faithful to Aung San Suu Kyiβthe former state counselor of the country, has adopted stablecoin Tether as a legal currency.

You can buy Bitcoin in Myanmar on any of the exchanges mentioned in this article.

Yes, Binance is available in Myanmar.
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