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The Jordanian government has taken a harsh stance on Bitcoin and other cryptocurrencies, at one point banning them entirely. However, the Bitcoin ban in Jordan was defeated in an appeal.

In July 2021, Talal Tabbaa, co-founder of Jibrel Network, an open-source, web development company, was quoted in a Jordanian news outlet as saying its, “hard to identify the (precise) impact crypto can have on the Jordanian economy.” He compared Jordan’s wariness to adopt to digital currencies with countries in the 1990s that were reluctant to embrace the internet.

Still, the government does not consider Bitcoin legal tender, warns its citizens against investing in an "unstable virtual asset," and has restricted banks from dealing with Bitcoin.

But citizens for Jordan are free to buy and sell Bitcoin from exchanges that support their country, provided they're not using the Bitcoin for any illicit purposes.

Amman - the capital of Jordan

If you want to buy Bitcoin and cryptocurrency in Jordan, one of the easiest ways is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Jordan, allowing you to 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 that certain exchanges might require you to get a wallet of your own before being able to buy the digital currency. Even if there is no requirement, 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.

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

• 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 Jordan 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 Jordan 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 Jordan or its citizens. We will update this page if/when any news of scams or exchange hacks occur in Jordan.

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Powering loads of energy-hungry Bitcoin mining hardware can get expensive, which is why mining in a country with cheap electricity is essential. Otherwise, you'll end up spending more on power than you profit with mined Bitcoin.

Most mining operations are in countries with low electricity costs, below $0.05 per kWh on average. For comparison, the United States' average electricity cost is around $0.12 per kWh, and Jordan's is around $0.16 per kWh. That's more than three times the maximum ideal price of electricity for a profitable Bitcoin mining operation.

Even with the best mining hardware (high hash rate, lower power consumption) mining in Jordan isn't profitable. You'd probably lose several thousand dollars per year, per miner, not including startup costs (which start at several thousand dollars).

On top of that, you have to wait before you mine a single Bitcoin. Mining profitability is not what it used to be, and some mining operations are struggling to keep the lights on. Instead of losing a lot of time and money, it's best (for most people) to buy Bitcoin directly from an exchange.

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Does Coinbase work in Jordan?

Citizens of Jordan can use Coinbase to convert cryptocurrencies with other cryptocurrencies.

Where Can I Find a Bitcoin ATM in Jordan?

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

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 Jordan?

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 Jordan?

Any exchange with a Jordanian dinar trading pair will allow you to sell your Bitcoin for fiat currency. Bitpanda has JOD 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.