How to Buy Bitcoins in Pakistan

Enough people have asked about investing in Bitcoin & many are just curious about the hype of cryptocurrencies in Pakistan that it seems like an important thing to write about. So, buying Bitcoins in Pakistan; well, it’s not as simple as buying anything by paying cash in PKR but it is simple enough for anyone with internet access.

Buying Bitcoins in Pakistan With Cash or PKR

As PKR, the Pakistani Rupee, is the most accessible form of payment, it’s the most simple way of buying Bitcoins. There’re several website’s now available that let you buy Bitcoin for PKR & following are the most reputed one’s:

Buying Bitcoin With PKR Through LocalBitcoins

LocalBitcoins is the most widely used platform to buy or sell Bitcoins globally. It let’s you trade in your local currency & for Pakistan, you can buy or sell Bitcoins in PKR. There already are a number of Bitcoin sellers over this trading platform and there’re a number of payment methods available as well.

LocalBitcoins Payment Options for Pakistan

When buying Bitcoins through LocalBitcoins in Pakistan, you can pay the seller through following methods:

• Cash Deposit: You can deposit cash directly to the seller’s bank account. It is the most widely used payment option.
• EasyPaisa: You can send payment using EasyPaisa wallet.
• Bank Transfer: You can send payment to Bitcoin seller though online bank transfer.
• WebMoney
• PayPal
• Payoneer
• Western Union

Buying Bitcoins in PKR Through Remitano

Remitano is another crypto trading exchange that’s gaining popularity throughout the world. The primary reason of it’s popularity is the option of trading Bitcoins, Ethereum & Tether. Remitano works exactly like the Localbitcoins. You’ll find a number of sellers from Pakistan who’re offering you Bitcoins & you can use multiple payment options as well.

Buying Bitcoins in Pakistan With Credit or Debit Card

Credit or Debit card option is available to buy Bitcoins in Pakistan over several trading websites but not many people in Pakistan have access to this payment option. Still, if you’ve a bank account with Standard Chartered Bank, Allied Bank, HBL, you can use your Visa powered debit card to buy Bitcoins from the following exchanges:

Buying Bitcoins in Pakistan With Coinmama

Coinmama is one of the oldest Bitcoin exchanges & you can buy Bitcoins through your credit or debit card over this exchange. You would be needed to pass through some verification processes & it’ll take some time in verification but the wait is worth the while. Why? the selling rate of Bitcoin trading platforms is usually higher than an exchange. LocalBitcoins or Remitano are the trading platforms. Individual sellers are asking the price they want to sell their Bitcoins for & it’s usually higher in Pakistan than in US or Europe.  When you create an account with Coinmama, you can buy Bitcoins over a relatively less price than LocalBitcoins or Remitano.

There’re several other crypto exchanges & we’ll be listing them as soon we’ve made some transaction with them. So stay tuned & let us know in the comments below if you’re facing any difficulty.