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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, 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.

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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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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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 Serbia 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 Serbia that allow you to buy litecoin and other crypto assets for good exchange rates.

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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 use Coinbase to convert cryptocurrencies with other cryptocurrencies.

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.

You can use our Bitcoin ATM finder tool to find the one nearest you.

What is the price of Bitcoin in Serbia?

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 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.