Buy Crypto & Bitcoin in Cambodia

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  • Popular Exchanges to Buy Crypto & Bitcoin in Cambodia
  • Coinmama exchange logo
    Coinmama
    • Works in almost all countries
    • Highest limits for buying bitcoins with a credit card
    • Reliable and trusted broker
    BUY NOW at Coinmama's Secure Site

Buy Now at Coinmama's Secure Site

Coinmama allows customers in almost every country to buy bitcoin. They charge a 4.9%-5.9% (depends on volume) fee on each purchase.

Customers in Europe can also purchase bitcoins with SEPA transfer for a lower fee.

Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama.

Pros
  • Works in almost all countries
  • Highest limits for buying bitcoins with a credit card
  • Reliable and trusted broker
Cons
  • Some of the highest fees among credit/debit card bitcoin brokers
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Ease of Use
Easy
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Privacy
Low
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Speed
Fast
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Fees
Average
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Reputation
Trusted
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Limits
High
Buy Now Read Review

Buy Now at Kraken's Secure Site

Founded mid-2011, Kraken is the one of the world's largest cryptocurrency exchanges, and the largest in Europe based on daily average trading volume. It is available in almost all countries.

Deposits can be made via bank wire, SEPA, ACH and SWIFT. Users can buy bitcoin, ethereum, dogecoin and dozens of other coins.

Pros
  • Very low 0.25% taker fee, falling to 0.1% with sufficient trading volume
  • Very low maker fee, falling to 0% with sufficient trading volume
  • Highly-rated for security and data protection
Cons
  • Requires ID verification, so not private
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Ease of Use
Hard
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Privacy
Low
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Speed
Average
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Fees
Low
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Reputation
Trusted
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Limits
High
Buy Now

Buy Now at LocalBitcoins's Secure Site

LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. Users may advertise trades for whichever payment method they prefer.

Buying bitcoins via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy bitcoins in any country, including the United States, Europe (besides Germany), UK, Singapore, Canada, Australia and many more.

Pros
  • Can be private, fast and easy
  • In-person trades require no personal information
  • Purchases of bitcoin can be made quickly via cash deposit
Cons
  • Beware of scams; always follow the rules!
  • Harder to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy
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Ease of Use
Hard
privacy icon
Privacy
High
speed icon
Speed
Fast
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
Average
Buy Now Read Review

Buy Now at BitcoinCambodia.co's Secure Site

BitcoinCambodia.co is a broker that uses LocalBitcoins. They make buying and selling bitcoins in Cambodia easy and secure. You can pay with cash in Phnom Penh, or online via MoneyGram, PayGo Wallet, WING Cash Xpress, or ABA Bank Transfer.

Pros
  • Offers widest range of payment methods among Cambodian exchanges
  • All payment options are fast, besides cash trades take a day or two to schedule
Cons
  • Minimum buy amounts make it hard to buy small amounts
  • Limits vary but are quite low; highest is $1500 for cash trades or $1000 for online methods
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Ease of Use
Average
privacy icon
Privacy
Average
speed icon
Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now

Buy Now at Bitcoin Cambodia's Secure Site

Bitcoin Cambodia was the first Bitcoin exchange established in Cambodia. You can create an account and buy in person with USD, via WING Cash Xpress.

Pros
  • Easy way to buy bitcoins with cash in Cambodia
  • Private; no identity verification is required
  • For low liquidity, selling rates are not bad
  • Very simple interface
Cons
  • No online purchase method; must use a WING Cash Xpress
  • 4.5% fee is considerable
  • Transactions made after 6 PM may not be processed until 8 AM the next day
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Ease of Use
Average
privacy icon
Privacy
High
speed icon
Speed
Average
fees icon
Fees
High
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now

Buy Now at Bitcoin ATMs's Secure Site

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%.

Pros
  • Our map makes it super easy to find a Bitcoin ATM near you
Cons
  • Bitcoin ATMs often have 5-10% fees per purchase
Buy Now

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Bitcoin & Cryptocurrency Trading in Cambodia


Cambodia has adopted strict cryptocurrency regulations, restricting any of its citizens or businesses from trading Bitcoin and other tokens without first obtaining a license.

The National Bank of Cambodia (NBC), along with a few other Cambodian branches of government, announced the regulation back in 2018. Under the law, anyone trading cryptocurrencies without a proper license will be "penalized following applicable laws."

In 2019, Cambodia announced the issuing its own digital currency. The money transfer platform for the Cambodian digital currency would be named “Bakong” and supported by 11 banks.


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Phnom Penh - the capital of Cambodia

All of these regulations don't mean its impossible to buy Bitcoin in Cambodia. One of the easiest ways is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Cambodia, 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.

Citizens of Cambodia can also use LocalBitcoins to facilitate exchanges with others on the network, both in Cambodia and abroad. LocalBitcoins is more private than other exchanges because it doesn't require you to infringe on your privacy. Be careful with LocalBitcoins, though, and follow their rules to make sure you're not scammed.

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

ledger nano x folded

Ledger Nano X

  • SCREEN:
  • RELEASED: 2019
  • PRICE: $145
ledger nano s illustration

Ledger Nano S

  • SCREEN:
  • RELEASED: 2016
  • PRICE: $72
trezor model T

TREZOR T

  • SCREEN:
  • RELEASED: 2018
  • PRICE: $189
Trezor One

TREZOR One

  • SCREEN:
  • RELEASED: 2013
  • PRICE: $79


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Top Bitcoin & Cryptocurrency Exchanges in Cambodia


Cambodia has access to many large Bitcoin and cryptocurrency exchanges.

Have a look at our favorites below:

  • Popular Exchanges to Buy Crypto & Bitcoin in Cambodia
  • Coinmama exchange logo
    Coinmama
    • Works in almost all countries
    • Highest limits for buying bitcoins with a credit card
    • Reliable and trusted broker

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Best Bitcoin Wallets for Cambodia



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

  • 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.

Best for Security

ledger nano x

Ledger Nano X

Secure storage for any cryptocurrency

More About
Ledger Nano X

The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. It connects to iOS, Android & desktop computers.

Temporary Wallet

zengo wallet logo

Zengo

Best for storing crypto for short period of time

More About
Zengo

ZenGo is an easy-to-use iOS and Android Bitcoin & crypto wallet. Start within 20 seconds.

Best for Desktop

electrum logo

Electrum

Simple yet powerful desktop wallet

More About
Electrum

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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Ethereum How to Buy Ethereum in Cambodia


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 Cambodia that allow you to buy ethereum. Once you buy, you should withdrawal your ETH directly to your own crypto wallet.


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Dogecoin How to Buy Dogecoin in Cambodia


Thanks to Tesla founder Elon Musk, Dogecoin (DOGE)—a coin that started as a meme about the shiba inu dog—has recently become a popular digital currency. Below you can find crypto exchanges in Canada that allow you purchase Dogecoin.

  • Exchanges in Cambodia that Support Dogecoin
  • Kraken
    • Supports Dogecoin buying & selling
    • Coins supported:
    • Dogecoin btc eth ltc
    BUY Dogecoin NOW at Kraken's Secure Site

About Dogecoin: Dogecoin has become one of the most famous altcoin blockchains. Dogecoin was founded by Jackson Palmer and Billy Markus on December 6, 2013. Thanks to its popularity on Robinhood, it hit an all time high of $0.42 on April 20. Doge started the year at under $0.01 USD. It is an open source blockchain, meaning its code is publicly available for anyone to see.


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Litecoin How to Buy Litecoin in Cambodia


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


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Exchange Hacks and Crypto Scams in Cambodia


Plustoken

Plus Token was a Ponzi scheme that was marketed as a high-yield investing platform. The Plus Token ponzi was so successful that by the end its operators controlled more than 1% of the total circulating Bitcoin supply.

The Chinese Ministry of Public Security announced in August of 2020 that it had apprehended 109 key suspects and detained 27 of them. Among the suspects are several Cambodians who are beleived to have assisted in facilitating the scam on locals.

The scam was so large you would see QR codes in super markets to pay for you groceries with PlusToken.




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Bitcoin Mining in Cambodia


Most people opt to buy Bitcoin directly from an exchange or another peer on the network (and rightly so), although more tech-savvy individuals may opt to mine their Bitcoin instead.

Mining is performed by a tiny fraction of those on the network. It takes place mostly in countries like China, where electricity is cheap. The majority of Bitcoin's hash rate originates in China, where extensive mining farms operate at scale.

However, anyone can mine Bitcoin, including Cambodian citizens. Whether or not it's a good idea to mine Bitcoin, is another story.

One of the largest factors used to determine Bitcoin mining profitability is electricity cost. If you mine more Bitcoin than you pay in electricity, you're profitable. That's why keeping electricity costs as low as possible is crucial for mining profitability.

Citizens of Cambodia pay roughly 610 Cambodian Riels ($0.151) per kWh, which is a bit higher than the United States average electricity cost.

According to our profitability calculator, you'd lose several thousand US dollars per year, even with the best Bitcoin mining hardware. For those who want to acquire Bitcoin quickly and easily, buying it from an exchange that is available in Cambodia is your best bet.


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FAQ


Does Coinbase work in Cambodia?

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

Where Can I Find a Bitcoin ATM in Cambodia?

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

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 Cambodia?

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 Cambodia?

Any exchange with a Cambodian riel trading pair will allow you to sell your Bitcoin for fiat currency. BitcoinCambodia.co has KHR trading pairs for many popular coins.

As of January of 2021, there are unfortunately no Bitcoin ATMs in Cambodia.

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.

About the Author: Jordan Tuwiner

author

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.