The fact that only a few platforms allow PKR purchases makes finding a good cryptocurrency exchange in Pakistan challenging. However, we highlight 10 of the best options supporting PKR and local payment methods.
We’ll also explain how to choose the best exchange for your needs and provide a few extra tips. Webopedia is committed to providing value and quality information. To ensure our guide is as accurate as possible, we researched the crypto landscape in Pakistan and considered the opinions of real users.
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Binance is the world's largest exchange by trading volume, meaning it's popular among traders in Pakistan and worldwide. In contrast to most of the platforms we've examined, Binance offers native PKR support, enabling people to instantly buy crypto with Pakistani Rupees. Users can also buy/sell crypto with PKR via Binance's Peer-to-Peer (P2P) marketplace.
With 397 cryptocurrencies and support for spot, margin, and futures trading, Binance is one of the most comprehensive platforms for Pakistani traders. Users can deposit PKR via P2P Express, which pulls the best deal from the P2P marketplace. Binance supports local payment methods like NayaPay and Easypaisa via the P2P marketplace.
Traders and investors in Pakistan can use Binance's staking, copy trading, trading bots, and lending/borrowing features to bolster their earnings. The exchange is competitively priced at 0.1% for spot trading and 0.02% / 0.05% for futures, making it a top all-in-one crypto exchange in Pakistan.
Support for direct PKR crypto purchases
Access to local payment methods via its P2P marketplace
No restrictions on features that Pakistani investors can access
Can deposit PKR for simple account funding
Multiple ways to buy crypto using Pakistani Rupees
Deposits use P2P Express, not native PKR bank accounts
Crypto availability depends on P2P marketplace activity
Phemex is a Singapore-based cryptocurrency exchange that launched in 2019. Known for its comprehensive offerings, it serves traders globally but excludes the US due to regulatory restrictions.
The platform supports 250+ cryptocurrencies and provides services like spot trading, futures with leverage up to x100, and staking. Fiat deposits are available through various methods, including credit cards.
Good variety of cryptocurrencies
Competitive trading fees
Registered as an MSB in the USA
Regularly discloses its proof-of-reserves
Many ways to trade (spot, futures, copy, P2P, etc)
Prohibited in some countries, including the UK and USA
Operates in a regulatory grey area
ECXX is a simple crypto exchange established in 2019. It provides users with access to 30 cryptocurrencies denominated in USDT. The responsive platform offers TradingView integration, which is ideal for performing detailed analyses. However, while testing the platform, I was unable to confirm my email, limiting my access to ECXX’s features.
ECXX users can deposit and withdraw crypto, but fiat currencies are unsupported. While it offers an Initial Exchange Offering (IEO) launchpad and staking system, both were unpopulated during our research. Trading fees on EXCC are reasonable, at 0.2% for all orders. Withdrawal costs vary by asset.
An order book interface so traders can see where liquidity is
TradingView integration for performing analysis
A simple interface makes navigation easy
Relatively competitive trading fees
Low-cost withdrawals
The registration process is not working correctly
No support for fiat currency purchases, deposits, or withdrawals
Limited variety of cryptocurrencies
XT Exchange, founded in 2018, is a global cryptocurrency trading platform with a presence in multiple regions, including Asia, Europe, and the Middle East. It offers a comprehensive suite of services such as spot, margin, and futures trading, as well as OTC and P2P trading. The platform supports over 500 cryptocurrencies and provides leverage up to 125x on selected assets. XT Exchange is known for its high-performance trading engine, robust security measures, and social trading features.
Users generally appreciate the platform's competitive fees, fast account verification, and the reliability of its trading apps. However, there are recurring complaints about customer support responsiveness and occasional withdrawal delays. Educational resources are limited, which may make it less suitable for beginners seeking guidance. The platform does not offer managed investment programs, focusing instead on direct trading and mining options.
Wide selection of cryptocurrencies and trading pairs
Supports spot, margin, futures, OTC, and P2P trading
High leverage available (up to 125x)
Competitive trading fees and fast account setup
Robust security protocols, including cold storage and layered architecture
Some users report slow or unhelpful customer support
Occasional withdrawal delays
Limited educational resources for beginners
No managed investment programs
Launched in 2012, Bitfinex is one of the oldest cryptocurrency exchanges. It is widely recognized for its robust trading features and consistent performance but is unavailable to US users.
The exchange supports more than 270 cryptocurrencies and includes services like spot trading, derivatives trading with leverage up to x100, staking, and borrowing. Fiat deposits can be made in USD, EUR, GBP, and JPY. The platform’s tiered fee structure incentivizes traders with higher volumes.
Pros
Advanced trading features, including margin trading up to 10x
High liquidity for major trading pairs
Over 170 cryptocurrencies available
Low fees for high-volume traders
P2P financing marketplace
Advanced order types for sophisticated strategies
Cons
Complex interface not suitable for beginners
History of security and regulatory issues
Not available to US customers
High minimum deposit requirements
Controversial due to Tether relationship
Launched in 2018, YouHolder is a crypto exchange and loans platform available worldwide, except in a few countries, such as the USA and Canada. The exchange lets people trade 110 cryptocurrencies after depositing via crypto or fiat (credit/debit card, wire, bank transfer, SEPA). It also supports many fiat currencies, including EUR, USD, GBP, and CHF.
While the exchange already offers up to 70x leverage, YouHolder’s Turbocharge tool lets people buy crypto with funds borrowed using their holdings as collateral. It also provides a crypto-loans feature, enabling users to borrow funds using their crypto without triggering a taxable event. MultiHODL trades charge an hourly rollover fee of 0.02%. No fee is listed for conversions.
Provides access to a reasonable amount of leverage
Users can borrow based on their crypto holdings
MultiHODL lets people boost profits and losses through a series of crypto loans
Available in many countries with local currency support
A good variety of large and small cryptocurrencies
Confusing fee structure, no listed costs for regular trades
Unavailable in the USA and Canada
eToro, headquartered in Israel, began as a social trading platform and expanded into the cryptocurrency market in 2013. Today, it operates in more than 100 countries, offering a streamlined and regulated experience for both novice and experienced traders.
The platform allows users to trade over 100 cryptocurrencies and supports 50 trading pairs. Key features include staking for select coins and CFD trading with leverage.
Fiat deposits can be made using PayPal, Skrill, and bank cards. All crypto transactions are subject to a flat 1% fee.
Pioneer in social trading with CopyTrader functionality
User-friendly interface ideal for beginners
Combines traditional assets (stocks, ETFs) with crypto
Strong educational resources
Regulated in multiple jurisdictions
Portfolio diversification tools
Higher fees than crypto-specific exchanges
Limited cryptocurrency selection
No external wallet transfers for some regions
Spread-based fee model can be costly during volatility
Focus on retail traders rather than serious crypto enthusiasts
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Bitpanda is a European-based crypto exchange renowned for its seamless user experience and wide range of payment options. The platform is tailored for both beginners and intermediate users, offering a straightforward way to buy, sell, and manage cryptocurrencies alongside precious metals and stocks.
One of Bitpanda’s biggest strengths is its support for multiple fiat currencies and payment methods, including bank transfers, credit cards, and even online wallets. This flexibility makes it easy for users to fund their accounts and withdraw earnings. Bitpanda also features a clean, easy-to-navigate interface that appeals to those just starting their crypto journey.
Security is a priority for Bitpanda, with features like two-factor authentication and mandatory verification for withdrawals. While the platform is not regulated by a major financial authority, it has built a reputation for reliability and transparency. Bitpanda’s customer support is responsive, and the platform offers educational resources for users.
Supports multiple fiat currencies and payment methods
User-friendly interface
Strong security protocols
Responsive customer support
Limited range of cryptocurrencies
Higher fees compared to some exchanges
Lacks advanced trading features
Not regulated by a major authority
Zengo stands out as one of the best crypto wallets in 2025 by offering a unique keyless security model. Instead of relying on traditional seed phrases, Zengo uses Multi-Party Computation (MPC) combined with three-factor authentication, making it easier and safer to recover accounts without the risk of losing access.
This mobile-first wallet supports over 320 cryptocurrencies on multiple blockchains, catering to users who want a seamless experience without sacrificing security. Zengo also offers built-in features like crypto buying, selling, swapping, and staking, all accessible through a sleek and intuitive app interface.
Zengo provides fiat on-ramp and off-ramp services, making it convenient for users to convert between crypto and traditional money. While it doesn’t support desktop or browser extensions, its mobile security features, including biometric authentication and a Web3 firewall, position it as an excellent choice for everyday crypto management.
Keyless security with MPC and 3FA for safer recovery
Supports a wide range of cryptocurrencies
Integrated fiat on/off ramps and swapping
Easy-to-use mobile app with biometric security
Access to staking and dApps
Exchange fees can be relatively high
Limited staking options compared to competitors
No desktop or browser extension support
Not fully open source
Founded in 2014, EXMO is a crypto trading platform that serves over one million users globally. It offers a reasonable selection of 95 cryptocurrencies split into 200+ trading pairs, providing ample opportunities. As EXMO operates around the world, it supports a range of fiat currencies, including USD or PLN, and local payment methods like AdvCash.
The platform offers a spot exchange for trading and investing, as well as an instant buy system for purchasing crypto via USD using Mastercard or Visa. Users can invest in crypto bundles (a selection of related cryptocurrencies) or boost their portfolio with EXMO’s staking/yield farming products.
Fees vary by trading pair. Crypto/crypto purchases cost 0.1%, crypto/USDT costs 0.2%, and crypto/fiat pairs start at 0.3%. Fees can be reduced with trading volume or via the EXMO Premium monthly service. The instant buy system charges a flat 0.1% commission.
Reasonable spot trading fees
Good selection of cryptocurrencies and trading pairs
Support for a variety of local currencies
Crypto bundles make diversification simple
EXMO Premium can pay for itself for high-volume traders
Its confusing fee structure could cause trouble for beginners
Restricted in certain countries like the United Kingdom
Webopedia is an authority on crypto. We cover exchanges, crypto tech, and all things Bitcoin. To ensure our recommendations are well-founded and our reviews are accurate, we consider:
This table summarizes the top 10 Pakistani crypto exchanges and why we chose them. You will see how they stack up against each other. This would help you make faster decisions.
Exchange | Trading Fees | Security Features | Supported Coins | Licenses | Deposit & Withdrawal Methods |
---|---|---|---|---|---|
Bitget | 0.10% | 2FA, additional passkey system, anti-phishing code for communications, regular audits, proof of reserves, 200% backing of customer funds | 1341 (many have zero volume or supply) | FCA regulated via partnership with Archax, MSB Registered (not much info) | Credit/debit cards, bank transfer, crypto, local payment methods via P2P market or third parties |
Bybit | 0.1% (Spot), Futures 0.0200% (maker) 0.0550% (taker), options 0.0200% / 0.0300% |
2FA, Cold Storage, Encryption, Multi-Sig Wallets, withdrawal address whitelisting, anti-phishing codes, 24/7 security alerts | 715 | VASP approved by the National Bank of Georgia, Full license from the Astana Financial Service Authority (AFSA) (Kazakhstan), partnered with STATOS in the Netherlands to gain its VASP license | Credit/debit card, wire, bank transfer, SEPA, various local payment methods |
Kraken | Spot: 0.25% (maker) 0.40% (taker), Stablecoins: 0.2%, Futures: 0.02% 0.05% | 24/7 in-person surveillance of crypto infrastructure by armed guards, 2FA (not SMS based), bug bounty program, sensitive data encryption, real-time threat monitoring | 418 | MSB, FinCEN (USA), FCA (UK), MSB by FINTRAC (Canada), CySEC (Cyprus), ASUTRAC (Australia), VASP (Belgium), AMF (France), BaFin (Germany), OAM (Italy), | Person, Wire, Interac e-Transfer (CAD), Bank Transfer, PayPal RTGS (AUD), FPS, PayPal (GBP), SIC (CHF), SWIFT (JPY), PIX (BRL) |
LBank | Spot: 0.1% to 0.2% based on the asset // Futures: 0.02% (maker) and 0.06% (taker) | 2FA, security educational guides, encryption | 1,492 | USA NFA, USA MSB, and Canada MSB. | Crypto, Bank Transfer, Apple/Google Pay, Volet, Revolut |
MEXC | Spot: 0% (maker) 0.05% (taker), Futures: 0% 0.02% | 2FA, withdrawal address whitelisting, cold storage for user funds, proof-of-reserves, and login history records | 2963 (many new or small altcoins) | Claims to be regulated "directly or through subsidiaries by some of the most renowned jurisdictions," but doesn't provide examples. Not FCA regulated | Crypto, Bank Transfer (SEPA, PIX), Credit/Debit Card, Third Party, Local Payment Methods via P2P exchange |
Bitmart | Assets are divided into classes based on their popularity. Class A: 0.1%, Class B: 0.25%, Class C: 0.40%, Class D: 0.60% (25% reduction for paying with BMX token) | 2FA, cold storage, multi-signature wallets, bug bounty program, encryption | 1,085 | Hong Kong TCSP License + BitMart's services in Europe are handled by GBM Global UAB, which is a virtual currency exchange operator and a depository virtual currency wallet provider registered in Lithuania. | Crypto, Credit/Debit Card, Bank Transfer, various local payment methods |
Coinbase | Advanced Trade: 0.60% (maker) and 1.20% (taker). Variable spread on the basic Coinbase platform | 98% cold storage, 2FA, 1:1 customer asset reserve, public company, | 298 | Licensed in 47 states, FCA (UK), BaFin (Germany), Central Bank of Ireland | Crypto, Easy bank transfer, credit/debit card, PayPal, wire, SEPA, or ACH |
CEX.io | 0.25% (spot), 0.1% (margin, 1% (margin liquidation) | 2FA, 98% cold storage, regularly liveness checks (user verification requiring movement), data encryption, PCI SSC certified | 200 | VASP Registered in Lithuania, Registered virtual currency exchange (Bank of Spain), MSB Registered with FinCEN, holds Money Transmitter Licenses in 36 states | Bank transfer, Google/Apple Pay, credit/debit card, or PayPal |
Kucoin | Spot: Top Cryptos / Class-A = 0.1%, Class-B = 0.2%, Class-C = 0.3%, (20% reduction for paying with KCS). Futures: 0.02% / 0.06% | Segregated Funds, Malicious Plug-In Detection, Anti-Phishing, Proof-of-Reserves, Data audits, encryption | 900+ cryptocurrencies and selected altcoins | Regulated by the Financial Services Authority (FSA) | Crypto, SEPA, AdvCash, PIX, Local Payment Methods via P2P |
Binance | Spot: 0.1%, Futures: 0.02% (maker), 0.05% (taker) | 2FA, Cold Storage, Real-time risk monitoring, Advanced Data Encryption, IP whitelisting, withdrawal address whitelisting, Login Passkey, Anti-Phishing Code |
402 | DASP (France - AMF), Italy - OAM, VASP (Lithuania FIU), Spain BoS, Poland, FSP Abu Dhabi, VARA (Dubai), FUI-IND, JFSA (Japan) digital asset operator license (Thailand) + Others | Bank Transfer, Credit/Debit Card, Zen.com, P2P Express |
Knowing how to determine whether a cryptocurrency exchange in Pakistan is worth using is critical to ensuring a positive experience and getting the most from your money.
There are many factors to consider when choosing a platform, but here are a few we always consider:
Now, it's time to delve into detail about why these factors are essential and what to look for when analyzing them.
Regulatory compliance is vital for crypto exchanges as non-compliant platforms can be restricted or users blocked from accessing them. Unfortunately, crypto is not regulated in Pakistan, so exchanges cannot acquire a license or approval to operate in the region. Instead, look for platforms that do not explicitly prohibit investors from Pakistan.
It is worth considering whether a platform will likely be regulated by the Pakistan Crypto Council (PCC) in the future. Generally, larger exchanges already popular in the region, like Binance, will be first in line.
An exchange must support payments using the Pakistani Rupee to be worth using. You should check whether the platform offers PKR support and, if so, to what extent. An exchange should also support multiple local payment methods, including bank transfer, Easypaisa, and NayaPay.
When selecting an exchange, you must be able to deposit or purchase crypto cost-effectively and straightforwardly. If a platform exclusively offers costly or non-local payment methods, it will be unsuitable for Pakistani investors.
Security should be one of your foremost priorities when deciding on a trading platform. Not every exchange discloses its exact measures, but you should look for 2FA, anti-phishing codes, cold storage, multi-signature wallets, and platforms publicly releasing their proof-of-reserves.
Crypto exchanges are valuable targets for attackers. They hold user funds and sensitive information, so excellent security is necessary. If a platform can be easily exploited or lacks ways for users to add additional protection to their accounts, it should be avoided.
If you're choosing a cryptocurrency exchange in Pakistan, you have access to quite a few low-fee options. Aim for fees as close to 0.1% as possible for general trading. However, if you plan on using a P2P platform, aim for one with zero fees for buyers.
Nobody wants to pay excessive fees that eat into profits for conducting a simple crypto purchase. Unfortunately, many platforms charge high rates, particularly for instant-buy tools or credit/debit cards, so you should always consider a platform's fees and how you plan to buy.
Liquidity refers to the amount of an asset an exchange holds (or the amount available from users on P2P platforms). Larger platforms like Binance typically have greater liquidity than smaller institutions like BitValve. You can view an exchange's order book or browse the available offers to determine whether it has high or low liquidity.
Liquidity is crucial as it affects how large a purchase can be without impacting the asset's price. Platforms with lots of liquidity can handle significant volume, while low-liquidity platforms can be much more expensive for larger orders.
When choosing a platform for crypto trading in Pakistan, sites with modern trading software should be prioritized. TradingView is the most popular charting software; it offers analysis and drawing tools, plus many technical indicators. Check if a platform integrates TradingView or another solution with similar tools.
Trading software will impact how well you can analyze and find opportunities. Modern software will give you access to a larger number of tools, which can help you find potential trades that would've been missed. Check out our guide on how to read crypto charts to get familiar with TradingView and learn about different chart types and key technical indicators.
You should look for exchanges that have an AI bot to answer simple queries and dedicated live-chat support for more complex issues. Also, ensure that the support team's responses are prompt, ideally under 2 hours.
When a platform holds your money or financial details, it needs a responsive support team to answer any questions quickly. If responses are unhelpful or take too long, it can cause unnecessary stress and delays, significantly impacting the overall user experience.
When selecting which exchange you want to conduct your transactions on, it's essential to consider what assets a platform has. For spot exchanges, aim for 300+ assets. However, P2P marketplaces usually offer fewer. If you just want Bitcoin, Ethereum, or USDT, any will suffice. But if you desire specific assets, double-check the platform's offerings ahead of time.
The number of assets a platform offers will directly impact the availability of trading opportunities. Most spot exchanges we've tested cannot be funded directly by PKR. As such, it can be advisable to select a platform supporting P2P PKR crypto purchases and offering a spot exchange that can be funded with crypto.
It can be worth checking if an exchange offers insurance on deposits or balances. As crypto is unregulated in Pakistan, insurance policies will not apply, so users in the country have little recourse if something goes awry. That said, if a platform offers insurance or user fund protection in other regions, it's more likely to try to help users, even if they're not directly covered.
It's relatively uncommon for platforms to open insurance policies to protect users, but the most common types are deposit and balance insurance. These policies protect customers against bank failure, but not theft or fraud.
It can help to research a platform's history and reputation before deciding which is right for you. Generally, the best platforms consistently serve users regardless of any issues or troubles. If a platform regularly faces controversy, mistreats users, or otherwise has a poor track record, it's best avoided.
A platform's reputation gives you advanced insight into how your experience will likely play out. If other users have had issues like failed deposits or lackluster communication, you will probably have a bad experience. Similarly, if users report positive experiences, yours will likely be too.
Mobile crypto apps let users track prices, perform analysis, and manage their trades without a computer. They're essential for Pakistani investors who frequently travel.
The best exchanges typically offer a mobile app so users can trade efficiently without sitting in front of a computer 24/7. There are many other benefits to crypto apps, including:
Once you've chosen a cryptocurrency exchange in Pakistan, you must open an account. You do so by:
To create an account with a crypto exchange, you'll need to provide an email address and create a strong password. You may also have to choose a username.
Next, verify your account by opening and clicking the confirmation email sent to the address you provided in the previous step.
Afterward, you must complete the Know-Your-Customer (KYC) verification process to confirm your identity. The exchange will request a photo ID (passport, driving license, national ID card) and possibly proof of address. The verification process will take approximately 10 minutes to 24 hours to complete.
Once your account is open and verified, you should enhance your security. To do this, set up 2FA using an authenticator app like Authy. You should also download the exchange's mobile app and set up biometric (fingerprint or face recognition) entry.
Lastly, fund your account and begin trading. Investors in Pakistan will need to purchase crypto from a P2P marketplace or a one-click buy tool, as direct PKR deposits are seldom supported. These assets can be used to fund a spot exchange.
If you don't know how to send and receive crypto, we have a guide on how to send Bitcoin to another wallet. It covers all the key points, like wallet addresses, processing times, and risks to be aware of.
We also have a guide explaining how to buy crypto in more depth. It details creating an account and the KYC process, how to deposit funds safely, alternative purchasing methods, and what to do after buying your crypto. Moreover, it features Binance, our top pick for the best cryptocurrency exchange in Pakistan.
Crypto regulations in Pakistan are in their infancy. As such, profit generated from digital assets is not yet included in the country's tax framework. However, a proposed taxation plan follows this structure:
As there are no crypto tax regulations, there's no need to include it in your tax filing. However, you should keep certain information from your trades for when crypto regulation becomes clearer:
You should understand that regulations surrounding crypto trading in Pakistan are likely to change. It's vital to approach investing with flexibility and to keep track of the regulatory landscape to avoid issues down the line.
Most P2P exchanges offer a small selection of cryptocurrencies. As such, people wishing to build a diversified portfolio should consider using a platform offering both a P2P marketplace and a spot exchange that can be funded with crypto.
According to cryptocurrency ownership data from Triple-A, approximately 6.60% of Pakistanis owned cryptocurrency in 2023, up 60% from 4.1% in 2022. Since then, adoption rates are estimated to have grown significantly due to international popularity and a changing government stance, so while not legal tender, Pakistani citizens use Bitcoin regularly.
Crypto trading in Pakistan is a legal grey area. In 2018, the government banned financial institutions from processing crypto transactions. However, there was no explicit restriction on individuals owning or trading crypto, fostering adoption in the country. In March 2025, the Pakistan Crypto Council (PCC) was launched and announced plans to regulate the asset class.
Binance is available to all Pakistani citizens, and the exchange has recently unveiled new features for users residing in the country. People can now sell USDT on Binance and withdraw PKR to their bank accounts, which makes cashing out crypto investments significantly simpler.