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Paybis is a popular cryptocurrency exchange. They serve 180 countries and 48 US states and are registered with FinCEN, making them a more trusted, regulated exchange. Paybis offers incredibly high limits and super fast payouts, not to mention 5 minute ID verification and nearly perfect review scores on Trustpilot.
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.
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.
Bitsewa is the largest Bitcoin exchange in Nepal. You can buy bitcoins with bank transfer and the fee is 1% per buy.
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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Nepal is not the most friendly country when it comes to Bitcoin. While the amount of arrests for Bitcoin miners and exchannge operators has been small, it still indicates that the authorities of Nepal are not fans of the decentralized digital currency.
In Augst 2017, The Nepal Rastra Bank declared Bitcoin illegal.
If you are going to invest in Bitcoin, understand that the status of owning it is a legally gray area.
If you are ok existing in this legally gray area, you can buy Bitcoin in Nepal using the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Nepal, 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.
COMPARISON
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Nepal 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 Nepal:
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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How to Buy Ethereum in NepalEthereum (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 Nepal that allow you to buy ethereum. Once you buy, you should withdrawal your ETH directly to your own crypto wallet.
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How to Buy Dogecoin in NepalThanks 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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How to Buy Litecoin in NepalLitecoin (LTC) is one of largest cryptocurrencies by market cap. Below you can find a list of brokerages in Nepal that allow you to buy litecoin and other crypto assets for good exchange rates.
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As of September of 2020, we could find no exchange hacks or significant scams affecting Nepal or its citizens. This is likely because exchanges are not allowed in Nepal, though that doesn't stop people from running them anyway.
Bitcoins are also not considered financial tender in Nepal.
We will update this page if/when any news of scams or exchange hacks occur in Nepal.
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Coinbase ONLY allows crypto-to-crypto conversions for Nepal residents as of September of 2020.
There are currently no Bitcoin ATMs in Nepal since Bitcoin is illegal to sell.
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 Nepal?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.
Any exchange with a Nepalese Rupi trading pair will allow you to sell your Bitcoin for fiat currency. Bitsewa has NPR trading pairs for many popular coins, but keep in mind that this exchange may be operating against local laws.
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.
LocalBitcoins
Bitsewa
Bitcoin ATMs
