In this guide, we go over the best crypto exchanges in Jordan. We have analysed and evaluated 133 crypto exchanges in 8 different categories. We measured all aspects of their service including fees, trading platform, mobile trading, deposits & withdrawals, assets, customer support, liquidity and security. Crypto trading platforms that reached the highest scoring are considered in the following list:
Top 5 Crypto Exchanges In Jordan
- Coinbase – Great trading platform and low fees.
- Cash App – Best tool set for beginners beginners. Easy to use Bitcoin trading platform.
- Binance – Well established cryptocurrency trading platform with large trading volumes and liquidity.
- Kraken – Great Bitcoin exchange founded in 2022. Sophisticated trading tools for experienced investors.
- CEX IO – Best automated crypto trading tools. Great assets coverage and crypto margin trading.
Best Crypto Exchanges Jordan – List
|Exchange||Overall Score||General info||Fees (Maker/Taker)||Spot Volume (BTC)|
|#1||Coinbase||4.4||Best crypto trading platform||1.99%/1.99%||$451,706,550|
|#2||Cash App||4.7||Best For Beginners||1.8%/2.75%||$68,571|
|#3||Binance||4.3||Best Altcoin Portfolio||0.1% /0.1%||$806,899,070|
|#4||Kraken||4.5||Most trusted exchange||0.16%/0.26%||$53,964,331|
|#5||CEX IO||4.6||Most asset classes||0.01%/0.00%||$808,571|
This section below breaks down the best crypto trading platforms in Jordan, beginning with the best rated…
1. Coinbase – Best Platform For Cryptocurrencies
Assets available: 3.6
Coinbase comes in second place as the best exchange for crypto beginners. Their trading platform offers access to over 100 crypto assets, fast trade execution, rewards on trading and a beginners friendly interface. Trading fees are above industry average.
Coinbase Pro is available for professionals with access to a lower fee structure and advanced tool including stop loss orders, advanced charting and indicators. Users will not find an option to trade futures or to trade on margin accounts.
Customer support is below industry average.
- Strong selection of supported digital currencies
- Great trading volume
- Easy to use trading platform
- Great security standards
- Very good deposit and withdrawal options
- Great option for mobile trading
- No margin trading (Crypto derivatives)
- Customer service is sometimes hard to reach
- Fees are higher than average
- Your account can be closed depending where you send your cryptos
- Spot crypto trading
- Opportunity to earn cryptocurrencies through crypto learn
- Saving, staking, crypto borrow
- Coinbase Visa Card
- Built their own stable coin (USDC)
2. Cash App – Best Crypto Trading App
Cash App is a great pick for Jordan crypto enthusiasts who want to buy Bitcoin on a easy to use crypto platform. Cash App is a peer-to-peer money transfer system offering flexible solution to withdraw funds to main crypto wallets and also buy and sell cryptocurrency at the same time.
Cash App offers access to the most traded cryptocurrency assets, including Bitcoin, Ethereum, Ripple NFT’s, Shiba Inu and most Altcoins. Their crypto trading app is interactive, easy to use and beginner-friendly. Trading costs are average and you can expect additional fees. Advanced trading features like different order types, limit orders, standing orders, crypto staking, margin trading and storage options are missing.
Cas app lets users directly deposit money their bank account and use tax filling tools.
- Easy to use, beginner freindly
- High security standards
- Simple sign-up process
- Instant payments
- Bitcoin is only crypto available
- Bitcoin trading fees are above industry average
- Not suitable for advanced Crypto traders
- This cannot be considered as an crypto exchange rather than application to buy bitcoin
- This is not an classical Crypto exchange rather an application form making payments and for investing in bitcoin and stocks
- Paying service
- Investing in stocks
- Credit card
3. Binance – Best Platform to Buy Cryptocurrency in Jordan
Assets available: 5.0
Binance takes the fourth spot, as the best platform to buy cryptocurrency in Jordan. High-volume crypto traders will appreciate the high spot trading volumes, wide range of available coins, low fee structure and advanced trading tools and order types.
Binance has premium account features, including staking rewards and OTC trading. Traders earn from 1-10% for holding different assets over time. We recommend this crypto exchange for advanced Jordan crypto traders who want to trade with lower trading fees and invest in less popular alt coins. We do not recommend Binance for beginner traders.
- The best daily trading volume for both spot Crypto trading and for Crypto derivatives
- The best choice of different assets to trade
- Great choice of saving and stalking options
- Very competitive trading fees
- Very good trading platform with lots of advanced features
- Easy sign-up process
- Very good choice for mobile trading
- Great deposit and withdrawal options
- Exchange has been hacked in the past
- Considerable withdrawal fees
- Customer support is sometimes hard to
- Spot and derivative crypto trading
- P2P (Peer-to-peer) crypto trading available
- Trading platform integrated with tradingview; automated trading available
- Savings, staking, crypto loans, Binance smart pool
- Binance liquid swap
- Binance Visa Card
4. Kraken – Best Trading Platform for Bitcoin
Assets available: 4.5
Kraken is a well-established and the oldest crypto exchange with industry-leading technology. It finished in fifth place as the best trading platform for Bitcoin in Jordan. It is a great choice for advanced crypto investors who are looking for margin and futures trading options, sufficient trading volume and low trading costs.
Krakens proprietary trading platform allows users to buy and sell digital currencies with the lowest fees in the industry, multiple order types, valuable educational resources and quick buy features. The mobile version in available on iOS and Android app and has all trading tools from the web version.
High-net-worth clients are the only ones allowed to use the exchange’s consultation and management services.
- Great offer of different crypto trading instruments
- Very competitive trading fees
- Very good trading platform
- Highest security standards
- Very good trading volumes
- Very good mobile trading application
- Wide range of educational materials
- Not beginner friendly
- Slow customer support
- Spot and margin crypto trading
- Crypto earn, staking, crypto bank
- Kraken account management
- Serve corporations, wealth managers, investment funds
5. Cex.io – Best Cryptocurrency Exchange
Assets available: 3.5
CEX IO is finishing up our list of the top 6 crypto exchanges for Jordan citizens. With more than 90 different crypto asset classes, its advanced trading tools, cross-platform trading and availability in all MENA countries, it is a great fit for advanced traders.
Cex.io has high trading fees for debit/credit card transactions. Deposits are charged with a 2.99% fee, while withdrawals have a fee of 3%.
All traders receive staking rewards and access to a reliable mobile app enabling them to buy and sell cryptocurrency fast and cheap.
- Regulated and licensed
- Very good deposit and withdrawal options
- Very good customer support
- Great choice for mobile trading
- Very good Crypto wallet
- Low security ratings, being hacked previously
- Low trading volumes
- Limited educational content
- Spot and derivative crypto trading
- Automated trading available
- Provides opportunity to earn cryptos (staking, saving)
- Crypto backed loans are available
- CEX.IO credit card
How To Pick a Crypto Exchange?
The main criteria to consider when choosing a crypto exchange include: fees, trading platform, mobile trading, deposits & withdrawals, assets, customer support, liquidity and security.
Fees: Avoid exchanges that charge high fees on trades, overnight fees and hidden fees.
Trading platforms: Look for intuitive, easy to use and fast executing trading platforms.
Mobile Trading: Mobile trading apps should offer the same trading tools and charts as their web versions.
Deposit & Withdrawal: Choose an exchange that offers your preferred deposit and withdrawal options with low or no fees.
Assets: Look for the best coverage of asset classes. Exchanges not offering the most popular alt coins should be voided.
Customer support: Beginner crypto traders should look out for responsive and professional customer support available in their language.
Liquidity: High liquidity and trading volumes guarantee that you will be able to sell your crypto assets.
Security: Prioritise regulated exchanges offering proof of funds, penetration tests and have a clean history record of hack attacks. Always check security features with the crypto exchange security rating agency (CER.live)
*Safety Risks For Jordan Citizens
A trustworthy cryptocurrency exchange for Jordani citizens is government-regulated and has a trading licence. Larger exchanges have a banking history.
Regulation Of Cryptocurrency Exchanges in Jordan
The Central Bank of Jordan (CBJ) is the main regulation authority for cryptocurrencies in Jordan. It adopted a legal framework that prohibit all banks, currency exchange companies, financial entities, and payment service providers in Jordan from conducting cryptocurrency transactions. This means that cryptocurrency exchanges operate unregulated in Jordan.
We recommend you choose an exchange that is regulated by other top-tier financial authorities and has a scam free history record.
Is Cryptocurrency Trading Legal in Jordan?
Cryptocurrency trading in Jordan is legal. Jordan citizens are allowed to own, trade and invest in cryptocurrencies, but they are not allowed to use them a way of payment. The only official payment that is allowed by the Jordanian government is the JOD.
How to Start Trading With – Coinbase?
Coinbase is the most popular crypto exchange in Jordan because of zero hidden fees, copy trading tools, demo account and a beginner friendly platform. Below are steps you need to take in order to start trading..
STEP 1: Open up the Coinbase Official Website
STEP 2: Click on the “Get Started” Button
STEP 3: Verify Your Trading Account
To buy cryptocurrency using Coinbase you need to open a trading account, verify your account and make a deposit. This will enable you to buy, hold and sell crypto assets using this trading platform.
STEP 4: Buy Cryptocurrency
You can buy, hold and sell fractions of each crypto asset. To own a crypto coin you don’t need to buy the whole coin.
We recommend Coinbase as the best crypto exchange for Jordan crypto enthusiast. They offer brokerage and exchange services at the same time along with zero commission fee trades, advanced copy trading tools, a user friendly platform and availability of 40 different crypto asset classes.
The results from our final verdict are based on our evaluation process where we research and analyse all aspects of crypto exchange services including fees, trading platform, mobile trading, deposits & withdrawals, assets, customer support, liquidity and security.
Can you trade crypto in Jordan?
Yes, you can trade crypto in Jordan at cryptocurrency exchanges like Coinbase, and Binance.
Where can I buy crypto in Jordan?
The most popular places to buy crypto in Jordan are Kraken, and CEX.io, but there are alternatives.
How can I buy Bitcoin in Jordan?
You can buy Bitcoin in Jordan at cryptocurrency exchanges. You fund your crypto exchange account by bank transfer, credit card, or e-wallet like PayPal.
How To Open A Cryptocurrency Exchange Account?
Cryptocurrency exchanges have you set up an online account and submit proof of identity. This verification process includes checking your identity with a third-party application or submitting a picture of your ID.
How To Cash Out Cryptocurrency In Jordan?
If you want to cash out crypto in Jordan, you’ll have to use an exchange that supports withdrawals in your fiat currency. BitOAsis lets users in Jordan, the United Arab Emirates, Kuwait, Bahrain, and Saudi Arabia withdraw AED to a bank account.
A straightforward way to cash out crypto is with a Uquid debit card. It offers a smooth conversion process for Bitcoin. Bitcoin ATMs are another top way to exchange BTC for fiat currency.
LocalBitcoins and other P2P exchanges will help you cash out crypto. Such providers let you buy/sell Bitcoin for different payment methods, including gift cards and bank transfers.
Is Cryptocurrency Trading in Compliance to the Sharia Law?
Trading cryptos is “halal” and in compliance with the sharia law if the underlaying tokes in halal.
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