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Haiti has a predominantly agricultural and a free-market economy, based mostly on trade with the United States. In recent years, Haiti has developed a vibrant export sector, producing Android-based tablets and current sensors and transformers. Two of the notable disadvanteges in Haiti are its vulnerability to natural disasters and poor education system.

The status of Bitcoin in Haiti is still controversial. It is largely unclear what stance the Central Bank of Haiti has on Bitcoin, though it did declare at the Haiti Tech Summit that it will be lauching its own digital currency.

Port-au-Prince - the capital of Haiti

If you still want to Buy some Bitcoin or other crypto in haiti, one of the easiest ways to do so is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Haiti, 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.

LocalBitcoins is another option for Haitians who want to pay with cash. LocalBitcoins matches buyers and sellers on its website, both in Haiti and around the world, facilitating peer-to-peer Bitcoin payments.

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Haiti 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 Haiti:

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

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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.

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 (LTC) is one of largest cryptocurrencies by market cap. Below you can find a list of brokerages in Haiti 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 Haiti or its citizens. We will update this page if/when any news of scams or exchange hacks occur in Haiti.

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The value of the Bitcoin awarded for mining, minus the cost of electricity to mine, equals your profitability margin. Unfortunately, most miners end up on the losing end of the equation with negative margins.

Mining with hardware that's not just powerful but efficient as well is one of the best ways to maximize profitability. The idea is maximizing hash rate while minimizing power consumption.

But even more important is the price of electricity.

Mining in a country with cheap electricity is vital for the health and profitability of a mining operation, especially with Bitcoin's block difficulty on the rise.

You can use the most efficient miner in the world, but if you're paying $1.00 per kWh, you'll never turn a profit.

Haiti is an island nation in the Caribbean, a region known for its high electricity prices. Most countries in the Caribbean rely on importing oil for their electricity, Haiti included. As a consequence, electricity prices in Haiti are high, coming in at approximately $0.33 per kWh.

Considering most Bitcoin mining operations are located in countries with cheap electricity - $0.06 per kWh or less - mining in Haiti is not an option. At least, if you want any hope of mining profitably.

Even with the best mining hardware on the market today, you'd lose close to $10,000 per year mining Bitcoin in Haiti. After buying the expensive mining hardware and paying for electricity - not to mention other fees you'll encounter along the way - Bitcoin mining isn't profitable.

If you want to acquire Bitcoin as quickly and efficiently as possible, buying it directly from an exchange is your best bet.

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Does Coinbase work in Haiti?

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

Where Can I Find a Bitcoin ATM in Haiti?

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

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 Haiti?

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 Haiti?

Any exchange with a Haitian gourde trading pair will allow you to sell your Bitcoin for fiat currency. Coinmama has HTG trading pairs for many popular coins.

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

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.