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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.

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As recently as December 29 of 2020, Serbia reversed a 2014 ban on digital asset issuances and trading. The reversal represents a major shift in the way Serbia treats digital assets like Bitcoin and its citizens right to trade them.

According to the new rules, digital asset service providers are authorized to operate after acquiring written permission from teh supervisory authority.

Since then, several eastern European tech companies have applied for the license and we should see local exchanges come into existence soon.

Belgrade - the capital of Serbia

Until that time, one of the easiest ways to buy Bitcoin in Serbia is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Serbia, 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.

Another way to buy Bitcoins in Serbia is through automated teller machines (ATMs). These ATMs allow users to instantly purchase the cryptocurrency using cash, and most of them only require a telephone number for verification, so long as you aren’t buying a lot of Bitcoin. You can locate Bitcoin ATMs in Serbia using our Bitcoin ATM Map.

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Serbia 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 Serbia:

• 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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False interview leads to Bitcoin scam in Serbia

In August of 2020, a falsified interview with famed Serbian tennis player Novak Djokovic began to circulate Serbian socials media. In the alleged interview, Novak was said to make several statements endorsing a Bitcoin investment program called 'Bitcoin Era'.

My main way to earn money is a new program of automatic cryptocurrency trading called 'Bitcoin era'....Maybe you're skeptical because it sounds too good to be true. I'm glad I tried it because it was the biggest and easiest money I've ever made.

As the article went viral, signups to Bitcoin Era skyrocketed. Djokovic's legal team quickly issued press releases the the interview was fake and Bitcoin Era had fabricated it in order to scam unsuspecting investors, which is exactly what happened.

Novak Djokovic's lawyers made a statement to clarify the situation: “None of the details from that text are accurate or have any basis in reality.”

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Does Coinbase work in Serbia?

Citizens of Serbia can convert cryptocurrencies with fiat.

Where Can I Find a Bitcoin ATM in Serbia?

Serbia several ATMs in Belgrad and Novi Sad for its citizens to buy Bitcoins with Cash.

What is the price of Bitcoin in Serbia?

The current price of Bitcoin in Serbia is RSD3,342,244.67, however this amount changes every minute, so always check the value on your local exchange.

How do I cash out of Bitcoin in Serbia?

Any exchange with a Serbian dinar trading pair will allow you to sell your Bitcoin for fiat currency. Coinmama has RSD trading pairs for many popular coins.

Another way to sell Bitcoins in Serbia is through automated teller machines (ATMs). These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private. You can locate Bitcoin ATMs in Serbia using our Bitcoin ATM Map.

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.