Kazakhstan ranks among the countries that are emerging as crypto hubs for crypto businesses. This is due to the country’s friendliness towards the industry.
You can buy and invest in crypto assets legally in the country without any fear of breaking any law. Recently, top crypto exchanges and companies have been investing in the country of Kazakhstan, indicating that the place is emerging fast.
However as an investor, you need to be careful in your choice of which crypto exchange to use. In Kazakhstan, there are a number of available options when it comes to good crypto exchanges to use.
The following are those exchanges of good reputation that you can use in the country to buy and trade your favorite crypto assets.
Binance
Binance is the biggest crypto exchange in the world but it isn’t just that. It has a huge presence in Kazakhstan. After launching a regulated crypto trading platform in the country about a year ago, the exchange is working with regulatory authorities to draw up regulations for the local industry.
The exchange is known for its simple design and easy navigation, which makes it a go-to platform for all users worldwide. You can also trade over 350 crypto assets on it with different pairs as you wish.
Another great thing about Binance is the low fees that characterize its transactions. You’ll find that the fees on the platform are much lower than those on most crypto exchanges. You can also use it to earn passive income through Binance Earn.
Kraken
Kraken is another top crypto exchange that offers its full range of services to customers in Kazakhstan. The exchange is reputed for its security, having existed since 2011 with no history of a security breach.
Though it has its headquarters in the U.S, the exchange serves customers from several countries worldwide, including Kazakhstan. You can use it to buy and trade over 350 crypto assets with many trading pairs.
The exchange is also well-known for its staking services which reward customers for staking their assets. While the exchange provides advanced tool for pro traders, it is also simple enough for anyone to use at least for buying assets.
Bybit
Bybit, the renowned crypto derivatives trading platform is one of the top choices in Kazakhstan for crypto exchanges. Although it is an advanced derivatives platform designed for pro traders, it can be used to at least buy crypto assets.
The platform provides various methods for buying assets, including credit/debit cards, bank transfer, etc. This platform also has very low fees, just like Binance which makes it a popular choice among users.
There are over 1,000 crypto assets listed on the exchange that you can buy and trade or transfer to your personal wallet. This is another great thing about it for altcoin investors who seek a variety of assets to invest in.
CEX.IO
CEX.IO is a top global exchange based in the U.K. It serves customers from several countries in the world, including Kazakhstan. You can use it to buy a good number of crypto assets in the country using different methods such as debit/credit card and Apple Pay.
The exchange is known to be one of the simplest platforms to use, which makes it particularly suitable for beginners to use. The fees on CEX.IO are also remarkably low, making it one of the favorite platforms for those investing on a budget.
Changelly
Chngelly is one of the best platforms you can use to buy crypto exchanges in Kazakhstan. It is not a traditional crypto exchange, in that you can’t use it to day trade. However, it is also not a decentralized exchange.
The platform falls into a category known as an instant exchange. This allows you to instantly exchange cash for crypto, crypto for cash, or crypto for crypto and then you withdraw to your personal wallet or bank account.