Top Crypto Trading Platforms in Cambodia

Cambodia's cryptocurrency sector continues to grow steadily despite strict oversight from the National Bank of Cambodia (NBC), which permits only certain regulated digital assets, such as stablecoins. Here is an overview of the top 5 crypto exchanges accessible from Cambodia, each selected based on reliability, user experience, language options, KHR deposit options and available features.

1. Bybit

Bybit is the best cryptocurrency exchange in Cambodia due to its diverse KHR deposit methods, including WingMoney and KHQR payments, through its P2P trading platform. Launched in 2018, it now boasts 69+ million registered users worldwide, facilitating daily trading volumes exceeding $12 billion.

Users can access popular cryptocurrency trading options, including spot trading, futures, derivatives, and options trading with 125x leverage. There are also a variety of useful tools from TradeGPT, providing AI-driven trading to trading bots, copy trading, a demo account and pre-market trading.

The platform offers multiple passive income options through "Bybit Earn," providing services such as staking, yield farming, crypto loans, and flexible savings accounts. Bybit is also one of the only exchanges that regularly publishes its proof-of-reserves, giving complete transparency into its asset holdings.

Platform Highlights:

• Fees: Spot trading fees are 0.1%.
• Supported Assets: Over 1,800 cryptocurrencies.
• Regulation & Licensing: Globally regulated and accessible from Cambodia.
• KHR Deposit Methods: P2P payments via ABA Bank transfers, ACLEDA, WingMoney, True Money, KHQR payments, and debit or credit cards.

2. Binance

Binance is the largest cryptocurrency exchange worldwide, popular among Cambodian traders due to its extensive trading options, deep liquidity and Khmer language support. Established in 2017, it currently serves over 270 million users across 180 countries, processing $30 billion in daily trade volume.

Cambodian investors choose Binance for its diverse trading products, including spot, margin, futures, and peer-to-peer (P2P) trading. The platform supports trading for over 350 cryptocurrencies and offers advanced charting, analytical tools, copy trading, APIs and trading bots.

It also offers multiple avenues for passive income generation, including Binance Earn, staking, on-chain yield farming, lending and borrowing. The comprehensive proof-of-reserves audits and advanced security protocols further enhance security, trustworthiness and transparency.

Platform Highlights:

• Fees: Spot trading fees start at 0.1%, with a discount when paying with BNB.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Internationally regulated across multiple jurisdictions; no specific licensing in Cambodia.
• KHR Deposit Methods: Debit cards and credit cards.

3. OKX

OKX is gaining traction among Cambodian traders seeking sophisticated trading features and exposure to Web3. Launched in 2017, OKX serves 50 million users across more than 180 regions. It offers trading in 350 cryptocurrencies across spot markets, perpetual and expiring futures, and options. 

The platform integrates seamlessly with TradingView, empowering users with advanced analytics and intuitive charting tools. Traders can also engage in deep liquidity pools for derivatives, execute block trades, or implement sophisticated multi-leg strategies, ideal for experienced investors.

Further setting OKX apart is its focus on decentralized finance services, providing a Web3 wallet, OKX wallet, which supports multiple blockchains. Cambodians can earn passive income through staking, borrowing, and lending features, or explore emerging blockchain projects through OKX's Launchpad.

Platform Highlights:

• Fees: Spot trading fees start at 0.08%.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Globally regulated with no specific licensing in Cambodia.
• KHR Deposit Methods: P2P trading via debit and credit cards.

4. BloFin

BloFin is a top choice among cryptocurrency traders prioritizing privacy and seamless access, thanks to its no-KYC policy. It has attracted a significant global user base due to its anonymous registration process, appealing directly to Cambodian traders who value transaction confidentiality.

Cambodian users highly value BloFin's specialized trading features, which include spot markets, futures contracts, perpetual trading, and comprehensive copy trading. The "League of Traders" feature regularly engages traders through interactive competitions, with substantial rewards up to $40,000. 

Furthermore, BloFin offers risk-free demo trading accounts, providing Cambodian traders the opportunity to practice strategies before entering the market. Additionally, it also provides passive income through BloFin Earn, featuring fixed or flexible staking and earning programs.

Platform Highlights:

• Fees: Competitive trading fees averaging 0.075%.
• Supported Assets: Over 120 cryptocurrencies.
• Regulation & Licensing: Not regulated.
• KHR Deposit Methods: Credit cards, debit cards, Apple Pay and Google Pay.

5. Bitget

Bitget is quickly becoming a preferred exchange in Cambodia due to its powerful social and copy trading features, enabling users to replicate strategies from pro traders. Established in 2018, it now hosts millions of active traders globally, facilitating high liquidity and smooth trade execution.

Cambodian investors find Bitget especially appealing due to its diverse trading services, including spot, futures, margin trading, and options trading capabilities. Additionally, Bitget’s integrated trading bots enable traders to automate their trading using customizable strategies.

Bitget also offers passive income opportunities through its Earn products, staking pools, and Launchpool investments. With a dedicated $549 million Protection Fund, comprehensive cold storage solutions, and regular proof-of-reserves audits, Bitget ensures maximum security and reliability.

Platform Highlights:

• Fees: Spot trading fees are 0.1%.
• Supported Assets: Over 800 cryptocurrencies.
• Regulation & Licensing: Globally regulated and accessible from Cambodia.
• KHR Deposit Methods: Credit cards and debit cards.

Is Crypto Regulated in Cambodia?

​Cambodia's approach to cryptocurrency regulation has evolved significantly. On December 26, 2024, the National Bank of Cambodia (NBC) issued Prakas No. B7-024-735, establishing a formal framework for cryptoasset transactions within the country. This regulation permits commercial banks and payment institutions to engage with certain digital assets.​

Under the new guidelines, financial institutions must obtain prior approval from the NBC to offer services related to cryptoassets. These services include exchanging cryptoassets for fiat currencies, facilitating transfers between accounts, and providing custody solutions.

The regulation also introduces the concept of Cryptoasset Service Providers (CASPs), which are entities authorized to offer services such as exchange, transfer, and safekeeping of cryptoassets. CASPs must secure a license from the NBC and adhere to strict operational standards, including prohibitions against promoting specific cryptoassets.​

How is Crypto Taxed in Cambodia?

​Cambodia's approach to cryptocurrency taxation is evolving, reflecting a cautious yet progressive stance. While the country lacks specific legislation targeting digital assets, existing tax laws apply to cryptocurrency-related activities.​

• Capital Gains Tax: Profits from selling or exchanging cryptocurrencies are subject to a capital gains tax of 20%. This tax applies to the difference between the acquisition cost and the selling price of the digital asset.
• Income Tax: Income derived from cryptocurrency mining, staking, or other revenue-generating activities falls under the personal income tax regime. Cambodia employs a progressive tax system, with rates ranging from 0% to 20%. ​

Taxpayers engaged in cryptocurrency transactions are required to declare their earnings in annual tax returns. The General Department of Taxation (GDT) mandates the inclusion of all crypto-related income. Failure to adhere to tax obligations can result in penalties, including fines and potential legal action.

Cryptocurrency Adoption in Cambodia

By the end of 2025, Cambodia's cryptocurrency sector is projected to generate revenues of approximately US$7.5 million, with about 531,940 active users representing roughly 3.08% of the population. 

Despite regulatory caution from Cambodia’s central bank, ongoing advancements in blockchain technology and increased acceptance by both individuals and businesses are likely to sustain steady growth in the market.

How to Buy Bitcoin in Cambodia

Cambodian investors seeking to purchase Bitcoin should select trustworthy crypto exchanges that comply with local regulatory requirements. Below is a straightforward guide to safely buying BTC in Cambodia:

1. Choose Exchange: Select a reputable cryptocurrency exchange available to Cambodian users that accepts deposits in Cambodian riel (KHR).
2. Create Account: Register on the chosen platform and complete the required verification steps. This typically involves submitting a government-issued identification, such as a passport or national identification card, along with proof of residence.
3. Deposit Funds: Add funds to your account using supported payment options available in Cambodia, including local bank transfers (e.g., ABA Bank or ACLEDA Bank), digital wallets such as WingMoney, or debit and credit cards.
4. Purchase Bitcoin: Go to the trading section, enter the amount of Bitcoin you want to purchase, review the latest market price and execute your trade.

Following these steps, you're now ready to invest in Bitcoin securely in Cambodia's growing cryptocurrency market.

Final Thoughts

Cryptocurrency adoption in Cambodia is steadily advancing despite a carefully regulated environment. Investors should remain informed about local regulations and tax obligations to navigate the crypto market safely. 

Selecting reliable exchanges, such as Bybit for comprehensive trading features or BloFin for privacy, can significantly enhance your trading experience. Always ensure you use secure deposit methods and maintain clear transaction records to remain compliant and protected.