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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.
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.
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.
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%.
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.
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, 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.
Nepal has access to many large Bitcoin and cryptocurrency exchanges.
Have a look at our favorites below:
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.
Atomic wallet is a multicurrency mobile wallet with a beautiful interface and easy to use features.
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.
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.
The current price of Bitcoin in Nepal is NPR 1,267,137, however this amount changes every minute, so always check the value on your local exchange.
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.
Local Bitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. Local Bitcoins 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.