Buy cryptocurrency in lebanon

Check your wallet and confirm that you’ve received your cryptocurrency: BTC, ETH, XRP..

Now you can buy Bitcoin BTC, Litecoin LTC, Ethereum ETH, Ripple XRP, in the Middle East Lebanon Beirut, by CASH, or Western Union WU, or Deposit/Transfer in Bank Audi online.

Cost = 1 BTC Price  + 9%.

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By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy

News of Lebanese banks shuttering to prevent a bank run was met with predictable enthusiasm from the global bitcoin commentariat. People in Lebanon can no longer send foreign currencies, mainly dollars and euros, abroad.

Check your wallet and confirm that you’ve received your cryptocurrency: BTC, ETH, XRP..

Now you can buy Bitcoin BTC, Litecoin LTC, Ethereum ETH, Ripple XRP, in the Middle East Lebanon Beirut, by CASH, or Western Union WU, or Deposit/Transfer in Bank Audi online.

Cost = 1 BTC Price  + 9%.

I tried buying bitcoin on coinbase and it wasn’t available within our country.

How can i purchase bitcoins?

Wait till next year.

Cryptocurrencies will become legal and the gov will even create a secure trading app. Source: heard it yesterday from the president of the central bank.

Not really what we want. Bitcoin is banned and won’t be legal, the central bank issued a new cryptocurrencies for LOCAL use only.

as far as I know the bdl has a plan to tokenize the Lebanese pound, this is not the same thing as legalizing crypto.

Use a VPN to hide your Lebanese location and try to find a private payment gateway where you can deposit funds with your Lebanese card and then make the purchase.

Hey, your best bet is to get in contact with these guys.

I’ve been to most exchanges and had no luck.

can you help me find a good exchange with low fees ?

If you are still looking for BTC/ETH pm me. Edit: I used to use blockchain and localbitcoins.

Well, the people who sell on localbitcoin have their price 5% higher than market too.

So there is a fee for the buyer technically.

2) I don’t wanna go around buying on street every time i want bitcoin 3) I don’t know any friend who owns bitcoins

I saw this , but Kraken has been trying to approve me for the past month , and Cex.io takes 15% fees

https://www.bitfinex.com/. This is very good, according to official bitcoin website, this should work in Lebanon.

Does anyone have experience using bitcoin in Lebanon? Not for price speculation but for wealth preservation and/or transfer?

Being tied to USD, Lira is pretty safe from hyperinflation, but government currency is hard to get across borders and subject to a lot of regulations. I’m not sure how many people in Lebanon are unable to get bank accounts for documentation/immigration reasons, but it could be useful to them as well.

Any bitcoin action yet, or will Lebanon wait for other countries to lead the way and see how it goes?

Edit: I don’t recommend anyone putting their savings into it, but I’m excited to see some activity in Lebanon.

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