Top 3 Cryptocurrency Exchanges in Pakistan (P2P Supported)

Top 3 Cryptocurrency Exchanges in Pakistan (P2P Supported)

Top 3 Cryptocurrency Exchanges in Pakistan

The adoption of cryptocurrency is on the rise globally. It’s now a trillion-dollar industry with a huge market capitalization. Many financial institutions and countries are stepping into this industry. On the other hand, Pakistan is not behind as well. Despite many challenges, Pakistan’s crypto boom indicates no signs of stopping. For the first time, Pakistan has been ranked third on Chainalysis’ 2021 Global Crypto Adoption Index.

Despite economic uncertainty like price instability, inflation, and growing unemployment, the crypto-industry is a new opportunity and a hope for the Pakistani community. Cryptocurrency is not regulated in Pakistan yet, even then thousands of Pakistani traders and investors are earning thousands and even millions of dollars from this industry. 

While investing in cryptocurrency we face many challenges. For instance, how to invest, why to invest, and where to invest. Well, Among all, where to invest? is most challenging for Pakistani traders because local banks do not support it (we can not trade directly using Pakistani banks). In this article, we will discuss the top three cryptocurrency exchanges in Pakistan that offer P2P services and why to choose these exchanges? We are writing this article based on our practical experience working on the majority of exchanges being as crypto-traders.

We specifically choose these exchanges based on the following features, the specified features are common in all three exchanges:

  • High Trading volume
  • The majority of crypto-coins are listed there
  • Highest liquidity
  • Strong security 
  • Lowest transactions fees
  • P2P support (Most importantly)
  • Operating in Pakistan

Now, let’s introduce these most trusted crypto exchanges in Pakistan along with the services offered by each.

1- Binance

Binance is the world’s largest exchange among 600+ crypto-exchanges and 90 million registered users. It was founded by Changpeng Zhao in 2017. It’s a leading crypto exchange globally and particularly in Pakistan. In Fact, many people of Pakistan understand cryptocurrency with the name of Binance. Well, there are many facts behind the popularity of Binance in Pakistan including its lowest transaction fees up to 0.01%, and highest trading volume. Now, let’s proceed and list down the services offered by Binance to its users.

Services offered by Binance

  • P2P trading with zero transaction fees
  • Trading of 600+ cryptocurrencies in spot, futures, and margin
  • Staking, liquidity farming, yield farming, swap farming, liquidity provision
  • Strategy trading bot for passive income( For spot and future traders )
  • NFT buying and selling with its largest NFT marketplace
  • Launchpad and launch pool facility for earning Highly reputable new cryptocurrencies
  • BNB vault (Earn multi-benefits by holding BNB coin)
  • Auto investment feature (Accumulate crypto in autopilot)
  • Binance pay (Binance Pay allows you to pay and get paid in crypto from your friends and family worldwide)
  • Binance pool (Mine more rewards by connecting to the pool)
  • Binance convert (convert one crypto to another with the lowest fees)
  • Promotional campaigns and activities for passive income
  • Binance’s latest news offerings for the crypto-community

Register to Binance

 

2-Kucoin

Founded in 2012, the cryptocurrency exchange platform allows the buying, selling, and trading of crypto assets. Similar to Binance, Kucoin also supports 600+ crypto coins to its users. It is known as an exchange of people because 1 out of 4 crypto holders worldwide use kucoin. KuCoin Global Community covers 205 countries including Pakistan with peer-to-peer support (p2p). Moreover, kucoin transaction fees are also the lowest and vary from 0.01%-0.03% depending on the cryptocurrency.

Services offered by Kcuoin

  • P2P trading with zero transaction fees
  • Trading of 600+ cryptocurrencies in spot, futures, and margin
  • Staking, liquidity farming, yield farming, swap farming, liquidity provision
  • Cloud mining (A mechanism to mine cryptocurrency, such as Bitcoin)
  • Kucoin trading bot for passive income( For spot and future traders )
  • NFT buying and selling with its newly launched NFT marketplace
  • Earn KCS by holding its native token KCS
  • Kucoin burning drop (Earn newly launched coins by staking KCS/USDT/ETH)
  • Kucoin offers its own gaming platform to earn passive rewards with the name of Kucoin win
  • Trade and earn rewards by reward hub and Candies (Another feature for passive income)
  • Promotional campaigns and activities for more passive income
  • Kucoin’s latest news offerings for the crypto community

Register to Kucoin

 

3- Huobi Global

Huobi Global is an online cryptocurrency exchange that was born in China in 2013 and has positioned itself over the years as one of the leaders in its field. Although it has historically focused on the Asian market, where it maintains a strong presence. It currently has a presence in more than 130 countries and, as of May 2022, some $12 million was being traded daily on Huobi.

Service offered by Huobi Global

  • P2P trading with zero transaction fees
  • Supports 500+ cryptocurrencies 
  • Staking of digital assets and earning rewards in similar coins
  • Primepool ( Lock assets and earn free airdrops from Huobi)
  • Huobi trading bot for passive income (For spot and future traders)
  • NFT marketplace for NFT trading
  • Prime listing (Earn newly launched tokens free)
  • Candy Drops (Trade and earn free airdrops)
  • Auto investment feature (Accumulate crypto in autopilot)
  • Trade and earn rewards by reward hub (A new feature to earn passive rewards)
  • Promotional campaigns and activities for more passive income
  • More event campaigns like easter-eggs, Christmas events, more other events to earn rewards

Register to Huobi Global

 

Final thoughts

Being a crypto-trader or investor, you have options to choose the best crypto exchange that operate in Pakistan. You can not rely even on a single exchange, particularly when you are a full-time trader. Moreover, it’s wise to keep your funds in many places to diversify your risk factor. Well, it’s all up to you how you manage your funds.

The features and services offered by the above exchanges are almost similar. On the other hand, there is still a question mark regarding what services are good in each exchange. Let’s summarize if you are an advanced trader with technical experience in this field, and you rely mostly on trading, staking, and looking for NFT trading then Binance is a good recommendation for you. But, if you have the time and seek more streams of income( earning from trading bot, promotional campaigns, free airdrops, reward hub) then you must sign up for Kucoin and Huobi Global.

Being a Pakistani trader, the most important thing above all is the security and deposit/withdrawal of funds. Hence, these three exchanges fulfill the criteria by providing 24/7 support, secure funds by SAFU/2FA, and P2P support in particular.

 

Note: This article has been written just for the Educational inforamtion. This is not a financial advice at all. If you register with the above links you will get 25% discount on transaction fees with every trade. If you have any questions or feedback, Join our facebook page.

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