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You'll need a Bitcoin wallet before you buy since some exchanges require one.
Don't have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets.
Bitcoin ATMs Buy Now You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%.
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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. Part of that has been the adoption and regulation of Bitcoin and other cryptocurrencies as part of its citizen's portfolios.
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.
COMPARISON
Unfortunately, at this time, there are no Bitcoin ATMs in Albania.
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Albania has access to many large Bitcoin and cryptocurrency exchanges.
Have a look at our favorites below:
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There are three main types of Bitcoin wallet and all of them are supported in Albania:
The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. It connects to iOS, Android & desktop computers.
ZenGo is an easy-to-use iOS and Android Bitcoin & crypto wallet. Start within 20 seconds.
Electrum is a Bitcoin-only wallet that has been around since 2011. It's easy to use, but has advanced features.
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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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Coinbase does NOT support customers in Albania as of September of 2020.
At this time, there are no Bitcoin ATMs in Albania.
The current price of Bitcoin in Albania is ALL 3,416,448, however this amount changes every minute, so always check the value on your local exchange.
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.
Jordan Tuwiner is the founder of BuyBitcoinWorldwide.com. His work has been featured in The Guardian, International Business Times, Forbes, VentureBeat, CoinDesk and many other top Bitcoin media outlets. His articles are read by millions of people each year looking for the best way to buy Bitcoin and crypto in their country.
He has also written extensively about the history, technology, and business of the crypto world. Jordan is also the creator of some of the internet's most famous Bitcoin pages, including The Quotable Satoshi and Bitcoin Obituaries.
To learn more about Jordan, see his full bio.
