Best Crypto Exchanges in Egypt
Learn everything you need to know about the top crypto platforms in Egypt. Get started with a regulated exchange.
Summary: In Egypt, the optimal method for purchasing and exchanging Bitcoin and other digital currencies is through a cryptocurrency exchange that abides by the Central Bank of Egypt (CBE)'s regulations. Investors can employ bank transfers, Fawry payments, credit cards or a variety of alternatives to deposit Egyptian Pounds (EGP) and acquire, maintain, and trade cryptocurrencies in compliance with local legal stipulations.
Our team has evaluated the top 5 cryptocurrency platforms in Egypt to guide you in commencing your journey into the digital currency market. These platforms exemplify the most reliable options available:
Top Crypto Platforms in Egypt
After an extensive review of more than 15 cryptocurrency exchanges, we have distinguished the leading platforms for Egyptian investors. Our method takes into account essential factors such as the adherence to the Central Bank of Egypt (CBE)'s regulations, the range of offered digital currencies, the user experience, Egyptian Pound deposit methods, transaction fees, and other criteria to furnish an accurate assessment of these platforms.
1. Bybit
Bybit has established itself as the premier cryptocurrency exchange for investors in Egypt, distinguishing itself through its pronounced attention to the specific needs of local users and a streamlined onboarding process, making it an outstanding choice. The platform accommodates a broad range of EGP deposit methods, such as bank transfers, Fawry payments, and credit cards, designed to offer maximum convenience to its users.
Additionally, Bybit's 24/7 customer support in Arabic and features that are tailored to the Egyptian market heighten its appeal. It also showcases a robust derivatives trading platform with up to 25x leverage on a diverse range of over 400 crypto assets. Operating in over 180 countries, Bybit provides a wide array of trading and staking opportunities.
- Fees: Maker orders 0.01% and taker orders 0.06% per trade. No EGP deposit and withdrawal fees.
- Supported Cryptocurrencies: 400+ Cryptocurrencies.
- Regulation & Licensing: Headquartered and regulated in the UAE. Licensed by the ADGM to operate in MENA.
- EGP Deposit Methods: Bank transfer, Debit Card, Credit Card, PayPal, Apple Pay, Google Pay, Fawry and more.

2. Binance
Binance ranks as the second-best cryptocurrency trading platform in Egypt, operating as a global behemoth with over 120 million users across more than 100 countries, including Egypt. It offers a wealth of features, covering spot, futures, margin, options trading, staking services, and a decentralized exchange (DEX). The platform provides round-the-clock customer support in several languages, including Arabic.
Binance stands apart from its competition due to its exceptional liquidity depth, boasting the highest volumes across an extensive variety of crypto assets. This unique attribute affords users the added advantage of seamless transactions even for large-volume trades, further bolstering its allure amongst Egyptian investors.
- Fees: Spot trading fee is set at 0.1%, while derivatives trading follows a maker/taker fee structure of 0.02%/0.04%. Deposit and withdrawal fees range between 0.5% to 1.8%.
- Supported Cryptocurrencies: Over 350 Cryptocurrencies.
- Regulation & Licensing: Globally licensed and trusted.
- EGP Deposit Methods: Bank Transfers, Fawry Payments, Credit Card, Debit Card, and major local banks.

3. OKX
OKX secures the third position in Egypt and is a top choice for institutional investors. The platform is rich with sophisticated trading tools and an expansive selection of over 45 cryptocurrencies available for staking services. This robust portfolio aligns with competitive trading fees and supports a wide range of trading instruments, including futures, options, and margin trading.
These comprehensive features empower institutional clients with enhanced flexibility and risk management capabilities. Additionally, OKX's commitment to offering OTC desk services underlines its focus on catering to high-end investment strategies. The platform's unwavering dedication to security and regulatory compliance, combined with its advanced API services, make it an attractive choice for Egyptian institutional investors seeking a dependable and reputable platform.
- Fees: Free EGP deposits and 0.08% spot trading fee.
- Supported Cryptos: Over 300 cryptocurrencies, stablecoins, and more.
- Regulation & Licensing: OKX holds a license from the ADGM in the UAE to operate in the MENA region.
- EGP Deposit Methods: Bank Transfer, Fawry Payments, Credit Card, Debit Card, and other methods.

4. BitOasis
BitOasis, established in 2015 and headquartered in the United Arab Emirates, secures the fourth position in Egypt, excelling in its strategic focus on local market needs. Recognized for its deep understanding of the Middle East and North African (MENA) region, the platform offers over 60 cryptocurrencies and competitive trading fees with 1% spreads. It supports a variety of trading instruments, providing both individual and institutional clients with flexibility and a wide range of investment possibilities.
One of BitOasis' standout features is its offering of localized payment methods, including local bank transfers, which greatly enhances its convenience and appeal to Egyptian investors. In addition, the platform's strong commitment to security, its user-friendly interface, and adherence to the regulatory standards of the region make BitOasis an attractive choice for Egyptian investors in search of a reliable and region-centric platform.
- Fees: Free EGP deposits and zero commissions but a 1-2% spread on assets/
- Supported Cryptos: Over 60 cryptocurrencies.
- Regulation & Licensing: BitOasis is licensed by VARA to operate in MENA, the UAE and GCC regions.
- EGP Deposit Methods: Bank Transfer, Fawry Payments, Credit Card, Debit Card, and other methods.

5. Gate.io
Gate.io cements its position as the fifth-best platform in Egypt, it is particularly favored by Egyptian investors seeking no-KYC trading options. The platform supports over 1,700 cryptocurrencies, making it one of the most varied platforms. It also integrates advanced trading features such as spot and margin trading, futures, staking, and lending services.
Gate.io's user-friendly interface coupled with competitive fees is tailored to meet the needs of both novice and seasoned traders. As a no-KYC platform, users can deposit, withdraw, and trade funds without needing identity verification, a feature highly appreciated in Egypt. Widely acknowledged for its secure trading environment, Gate.io remains a popular choice among Egyptian investors.
- Fees: 0 deposit fees and 0.1% for spot trading.
- Supported Cryptocurrencies: Over 1,700 crypto assets.
- Regulation & Licensing: Unregulated platform that does not require KYC or AML.
- EGP Deposit Methods: Bank transfer, debit card and credit card only.

Is Crypto Trading Legal in Egypt?
Yes, buying and trading cryptocurrencies is legal in Egypt. The Central Bank of Egypt (CBE) views cryptocurrencies as digital assets, and while they do not currently fall under a specific regulatory framework, they are not banned or explicitly prohibited. However, it's important to note that cryptocurrencies are not recognized as legal tender in Egypt and receive no governmental guarantee.
Moreover, the Central Bank of Egypt (CBE), has issued advisories informing investors about potential risks associated with digital currencies. Comprehensive due diligence, including thorough research and understanding of inherent risks, is crucial when considering cryptocurrency investments in Egypt.
Is Crypto Taxed in Egypt?
Egypt does not explicitly tax cryptocurrencies. However, income generated from trading cryptocurrencies might be considered taxable under general income tax regulations. In Egypt, all forms of income, including from business, trade, profession, or vocation, are subject to income tax.
The Egyptian Tax Authority has not issued specific guidelines concerning the tax treatment of cryptocurrencies. Therefore, it is recommended for traders and investors to seek professional tax advice to understand potential tax obligations.
How to Buy Bitcoin or Crypto with EGP
If you're interested in venturing into the crypto market in Egypt, follow these simple steps to get started securely:
- Choose a regulated exchange: Opt for platforms that comply with the global or local regulatory standards, as applicable in Egypt.
- Create and verify your account: Register using your email, create a strong password, and complete the Know Your Customer (KYC) process by providing the required identification and proof of residence documents.
- Fund your account with EGP: Deposit into your account via methods such as bank transfers, Fawry payments, or debit/credit cards.
- Buy cryptocurrency: Select the specific digital currency and volume in EGP or crypto, then confirm the transaction.
- Secure your investments: For enhanced security, transfer your digital assets to a private wallet.
By following these steps and selecting a reliable, regulated exchange, you can securely and legally buy cryptocurrencies in Egypt.
Bottom Line
In conclusion, purchasing and trading cryptocurrencies in Egypt is a legally acceptable activity, which is facilitated by the availability of various reliable and regionally-adaptive cryptocurrency exchanges. Our evaluation identifies Bybit, Binance, OKX, BitOasis, and Gate.io as the top 5 platforms for Egyptian investors, offering a broad range of services, user-friendly interfaces, and adherence to relevant regulations.
It's imperative, however, that investors exercise due diligence and fully comprehend the potential risks associated with crypto investments, considering the lack of specific governmental guarantees. As the digital currency landscape continues to evolve in Egypt, staying informed about the regulatory environment and changes in the market will remain vital for successful crypto ventures.