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Eritrea is a popular place for people to buy bitcoin and is home to many Bitcoin ATMs.

Here are the 12 best exchanges in Eritrea to buy bitcoin.

Need a reliable bitcoin wallet? Have a look at our wallets page.

CEX IO

CEX IO Bitcoin Exchange Platform

Rating:

Website:cex.io
CEO:Oleksandr Lutskevych
Headquarters:London, United Kingdom
Founders:Oleksandr Lutskevych, Dmytro Kalynovskyi, Victoria Polyakova, Peter Ivanov
Founded:2013
Customer service:Knowledge Base
More information:Read Review

CEX.IO is a multifunctional cryptocurrency exchange that is trusted by millions of users worldwide and allows users to buy bitcoin with a credit card seamlessly. CEX.IO boasts multiple payment options, 24/7 customer support, and proven platform stability. 

Pros

  • Established and trustworthy
  • Supported worldwide
  • Low fees (2.99%)
  • Simple credit card purchases
  • Clean user interface

Cons

  • Verification procedure requires private information
  • Lengthy verification time

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Coinmama

Coinmama Logo

Rating

Website:coinmama.com
CEO:Asaph Schulman
Headquarters:Bratislava, Slovakia
Founders:Asaph Schulman, Nimrod Gruber, Martin Koelbaek, Guy Ben-Yossef, Yaki Oliel
Founded:2013
Customer service:Knowledge Base
More information:Read Review

Coinmama specializes in selling Bitcoin and Ethereum for Visa and MasterCard credit card and debit card purchases and is one of the most popular exchanges in the world.

Pros

  • Available worldwide
  • High purchasing limits
  • Dependable and trustworthy
  • Excellent leadership and customer support
  • Fast and secure transactions

Cons

  • High fees when purchasing with a credit card or debit card
  • Delay in processing time

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

LocalBitcoins

LocalBitcoins Exchange Logo

Rating:

Website:localbitcoins.com
CEO:Sebastian Sonntag
Headquarters:Helsinki, Finland
Founders:Nicholas Kangas, Jeremias Kangas
Founded:2012
Customer service:Knowledge Base
More information:Read Review

LocalBitcoins is a person-to-person bitcoin trading platform that specializes in connecting buyers and sellers.

Pros

  • Available in every country of the world
  • Extremely diverse selection of buyers and sellers
  • Supports many payment methods
  • Buyers get their bitcoins fast
  • Private
  • Simple to use

Cons

  • Lack of cryptocurrency diversity
  • Both sellers and buyers have a chance of being scammed.

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Paxful

Paxful Logo

Rating

Website:paxful.com
CEO:Ray Youssef
Headquarters:New York, New York
Founders:Ray Youssef, Artur Schaback
Founded:2015
Customer service:Knowledge Base
More information:Read Review

Paxful is a person-to-person marketplace that supports over 300 payment methods.

Pros

  • Escrow system
  • Security
  • Diverse payment methods
  • Simple user interface (UI)
  • Wide variety of sellers

Cons

  • Buyers and sellers are at risk of being scammed

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Changelly

Changelly Exchange Logo

Rating:

Website:changelly.com
CEO:Eric Benz
Headquarters:Malta, European Union
Founders:Konstantin Gladych, Ilya Bere
Founded:2015
Customer service:Knowledge Base
More information:Read Review

Changelly is an instant cryptocurrency exchange which supplies the best live rates on the market for every pair. The interface is colorful and simple to manage, and transactions are performed instantly.

Pros

  • Fast
  • Private
  • Low fees
  • High exchange limits
  • 24/7 live chat support

Cons

  • Limited payment methods

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Binance

Binance Logo

Rating:
Website:binance.com
CEO:Changpeng Zhao
Headquarters:Malta, European Union
Founders:Changpeng Zhao, Yi He
Founded:2017
Customer service:Knowledge Base

The Binance exchange is one of the best exchanges for experienced traders who are looking for a premier cryptocurrency marketplace to perform real-time trades. With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of options available to them within one powerful trading platform.

Pros

  • Trustworthy management
  • High volume exchange
  • Low fees
  • A large number of cryptocurrency pairs
  • Global support

Cons

  • Few payment options

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Kraken

Kraken bitcoin exchange

Rating:

Website:kraken.com
CEO:Jesse Powell
Headquarters:San Francisco, California
Founders:Jesse Powell
Founded:2011
Customer service:Knowledge Base

Founded in 2011, Kraken is the largest Bitcoin exchange regarding total volume and liquidity.

Kraken Pro provides individual investors with real-time trading and charting tools.

Pros

  • Respectable reputation
  • Global support
  • Reliable customer support
  • Tiered verification
  • Affordable fees

Cons

  • Few payment methods
  • Sophisticated UI

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Poloniex

Poloniex Logo

Rating:

Website:poloniex.com
CEO:Tristan D’Agosta
Headquarters:Wilmington, Delaware
Founders:Tristan D’Agosta, Dominick Petrovski
Founded:2014
Customer service:Knowledge Base

Poloniex is ideal for those seeking a cryptocurrency trading platform with a large array of technical analysis tools.

Pros

  • Hundreds of trading pairs
  • Multifunctional user interface
  • Wealth of trading and analysis tools

Cons

  • Can be complicated for beginners

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Bitsquare

Bisq - BitSquare

Rating:

Website:bisq.network
CEO:Manfred Karrer
Headquarters:Barcelona, Catalonia, Spain
Founders:Manfred Karrer
Founded:2014
Customer service:Knowledge Base

Bitsquare is a peer to peer exchange that allows users to buy and sell bitcoins and exchange them for other altcoins and fiat currencies. If you value your security as a trader, then Bitsquare is the perfect bitcoin trading platform especially if you love remaining anonymous.

Pros

  • Respectable reputation
  • Supported globally
  • No registration required
  • Privacy
  • Perfect for advanced traders

Cons

  • Few payment methods
  • Not suitable for beginners

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Huobi

Huobi Global Logo

Rating:

Website:huobi.com
CEO:Leon Li
Headquarters:Singapore
Founders:Leon Li, Jun Du
Founded:2013
Customer service:Knowledge Base

Founded in 2013, Huobi is a global blockchain asset financial services provider with offices in Hong Kong, Korea, Japan, and the United States.

Huobi has iOS and Android app support.

Pros

  • Many cryptocurrencies and payment methods supported
  • High liquidity
  • Trustworthy management
  • Good customer support

Cons

  • Long verification process

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Etoro

eToro Logo

Rating:

Website:etoro.com
CEO:Yoni Assia
Headquarters:London, United Kingdom
Founders:David Ring, Ronen Assia, Yoni Assia
Founded:2007
Customer service:Knowledge Base

Established in 2017, Etoro is a real-time stock, commodity and cryptocurrency social trading platform. It is the best option for those who only want to profit from bitcoin’s price volatility and those who don’t need the bitcoin themselves, but the cash equivalent.

The Etoro app is available on both iOS and Android devices.

Pros

  • Diverse selection of markets
  • Excellent reputation
  • Easy to use
  • Great customer support
  • Low fees

Cons

  • Bitcoins can only be withdrawn in the form of fiat currency

Disclaimer: Transacting in virtual currencies is subject to various risks, such as price volatility, and is therefore not suitable for everyone. Your capital is at risk.


ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Bitcoin ATM

Coin ATM Radar Logo

Rating:

Website:coinatmradar.com
CEO:Matthew Hayes
Headquarters:Bulgaria
Founders:Matthew Hayes
Founded:2014
Customer service:Knowledge Base

Finding a Bitcoin ATM is a great way to buy bitcoin instantly if you have cash on hand. There is a Bitcoin ATM in every region of the world.

Check out the Bitcoin ATM map to see if there is one near you.

Pros

  • Easily accessible
  • Convenient
  • Fun to use
  • Physical kiosk with receipt and customer service

Cons

  • Distance to travel
  • Higher fees than most exchanges

ReputationFeesPrivacyLimits
GreatHighLowHigh

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Looking for more ways to buy bitcoin?

Here are the most popular payment methods you can use to buy bitcoin.

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Buy Bitcoin With Debit Card Or Credit Card Icon Resized
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Buy Bitcoin With PayPal Logo Resized
Bank Account

Debit Card or Credit Card

Cash

Gift Card

PayPal

Best Place To Buy Bitcoin In Eritrea

With over a million users, CEX.IO is the simplest and most popular exchange for citizens in Eritrea to buy cryptocurrencies. The verification process on CEX.IO is quite extensive which makes it one of the most secure exchanges on the planet. VISA and Mastercard deposits incur a 2.99% fee.