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As early as the 2000's, the economy of Albania was still largely centrally controlled by the Communist Party of Albania. Not until the North American Treaty Organization helped end the conflict in Kosovo did the Albanian economy begin to open up and become more free.

Today, Albanians enjoy a realtively free market economy that is still growing and maturing. Just like other free market economies, Albanians have been adopting Bitcoin and other cryptocurrencies as part of their portfolios.

Tirana - the capital of Albania

One of the easiest ways to buy Bitcoin in Albania is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Albania, and you can easily select one based on your requirements and preferences using our guide. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before users select one.

Additionally, Bitcoin buyers need to keep in mind the fact that certain exchanges might require them to get a wallet of their own before they are able to buy the digital currency. Also, it is recommended to have a wallet of your own for security reasons, preferably a hardware wallet. If you don’t have a wallet, refer to our guide on the Best Bitcoin and Cryptocurrency Wallets to choose one.

Unfortunately, at this time, there are no Bitcoin ATMs in Albania.

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There are three main types of Bitcoin wallet and all of them are supported in Albania:

• Software (desktop or mobile - iOS and Android wallets
• Hardware wallet
• Cold-storage (paper or steel wallets, the latter of which are used to backup your main wallet.

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Ethereum (ETH) has established itself as the second most popular digital currency, after Bitcoin. Its smart contract features allow unique apps to be built on top of its platform. Below you will find exchanges in Albania that allow you to buy ethereum. Once you buy, you should withdrawal your ETH directly to your own crypto wallet.

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Litecoin (LTC) is one of largest cryptocurrencies by market cap. Below you can find a list of brokerages in Albania that allow you to buy litecoin and other crypto assets for good exchange rates.

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As of January of 2021, we could find no exchange hacks or significant scams affecting Albania or its citizens. We will update this page if/when any news of scams or exchange hacks occur in Albania.

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Does Coinbase work in Albania?

Coinbase does NOT support customers in Albania as of September of 2020.

Where Can I Find a Bitcoin ATM in Albania?

At this time, there are no Bitcoin ATMs in Albania.

You can use our Bitcoin ATM finder tool to check back in occasionally and see if one has opened.

What is the price of Bitcoin in Albania?

Bitcoin prices are changing every second.

The best way to find the most up-to-date price of Bitcoin is to check out our Bitcoin price page.

How do I cash out of Bitcoin in Albania?

Any exchange with a Albania Lek (ALL) trading pair will allow you to sell your Bitcoin for fiat currency. Coinmama has ALL trading pairs for many popular coins.

LocalBitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. LocalBitcoins is a peer-to-peer (P2P) exchange, where you buy and sell with another individual. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.

You could also use a service like eGifter to sell your Bitcoin for gift cards.