Best Crypto Exchange in Kazakhstan

0
Regal Wallet Banner

In this guide, we go over the best crypto exchanges in Kazakhstan. We have tested and analyzed 133 exchanges based on 8 leading categories. We evaluated all aspects of their service, including platforms, apps, costs, deposits & withdrawals, customer service, and safety protocols. 

Cryptocurrency exchanges with the highest scoring are below. 

Top 5 Crypto Exchanges In Kazakhstan

  1. Binance – Best overall crypto exchange.
  2. Coinbase – Great trading platform and low fees.
  3. Cash App – Best toolset for beginners. Easy to use Bitcoin trading platform.
  4. Crypto.com Excellent portfolio and trading app.
  5. Kraken – Sophisticated trading tools for experienced investors.

Best Crypto Exchanges Kazakhstan – List

ExchangeOverall ScoreGeneral infoFees (Maker/Taker)Spot Volume (BTC)
#1Binance4.3Best overall crypto exchange0.1% /0.1%$806,899,070
#2Coinbase4.4Best crypto trading platform1.99%/1.99%$451,706,550
#3Cash App4.7Best for beginners1.8%/2.75%$68,571
#4Crypto.com4.3Excellent portfolio and trading app1.99%/1.99%$451,706,550
#5Kraken4.5Most trusted exchange0.16%/0.26%$53,964,331

This section below breaks down the best crypto trading platforms in Kazakhstan, beginning with the best rated…

01. Binance: Best Overall Cryptocurrency Exchange 

binance-rating

Binance is the largest cryptocurrency exchange that uses industry-leading safety protocols. It is a top choice for intermediate and experienced traders who need access to a great selection of coins. High-volume traders receive access to advanced tools and order types. 

Binance has excellent account features, including bonuses and staking rewards. Binance account holders earn between 1 to 10% for holding different coins over time. This exchange has low trading fees and access to less popular altcoins. 


02. Coinbase: Best Crypto Trading Platform 

coinbase-UAE-rating

Coinbase has an excellent reputation and offers secure exchange services. It has attractive buy, sell and exchange solutions for traders at all levels. Coinbase has a standard platform with access to 101 assets and rewards on trading. This platform is intuitive and a good fit for new traders. 

This exchange offers a professional platform, Coinbase Pro. It has a lower fee structure, professional tools and services, and advanced charting. Coinbase is a trustworthy provider with average customer service. 


03. Cash App: Best Exchange For Beginners 

cashapp-rating

Cash App is a secure financial platform that offers crypto exchange services. It has an intuitive platform with simple-to-understand tools. Cash App represents a peer-to-peer money transfer system for traders at all levels. 

This exchange offers access to popular coins, including NFTs, Ripple, Bitcoin, Ethereum, and Shiba Inu. The Cash App is a powerful app with an interactive interface. It has an unclear fee structure with hidden fees. 


04. Crypto.com: Best Crypto Trading App 

crypto.com-rating

Crypto.com is an industry-leading crypto trading app with powerful exchange services. It offers staking tools for crypto traders. Their app is user-friendly and available on Android and iOS. 

Crypto.com has competitive trading fees and offers rewards and bonuses. Users receive rewards for holding specific cryptos in their accounts. Crypto.com offers 251 crypto coins, NFTs, and its own credit card. 


05. Kraken: Best Secure Crypto Exchange 

kraken-rating

Kraken is a secure crypto exchange that follows industry-leading safety protocols. it has a long-standing operational history and attractive safety measures. Kraken is a top choice for professional traders as it offers futures and margin trading solutions. This exchange has competitive trading fees and a good coin selection. 

This exchange has a straightforward proprietary platform to buy and sell digital coins. It offers different order types, learning tools, and instant buy features. The Kraken mobile app is intuitive and fully functional with access to powerful tools. 


How To Choose A Crypto Exchange? 

To choose a crypto exchange, you have to focus on different criteria, including trading costs, platforms, apps, asset portfolios, deposits & withdrawals, customer service, and security. 

Fees: We recommend avoiding exchanges with high trading fees, hidden fees, and overnight fees. Choose a cryptocurrency exchange with a transparent fee policy. 

Trading Platforms: Select a platform with fast execution times, an intuitive interface, and a simple fee structure. 

Mobile Trading: Mobile apps should provide access to the same tools and charts as their web versions. 

Deposit & Withdrawal: Select a crypto exchange with many funding options and fast withdrawal with low or no fees. 

Assets: We recommend you choose a platform with the best asset coverage. Crypto traders should avoid exchanges that don’t offer popular altcoins, such as Ethereum, Tether, Polygon, and Cardano. 

Customer Support: New and intermediate traders should consider exchanges with responsive customer service available in their language. 

Liquidity: Choose an exchange with high trading volumes. This will guarantee that you will be able to sell your crypto assets. 

Security:  We recommend you choose an exchange that follows the rules of a regulatory body and has a clean track record of hack attacks. 

*Safety Risks For Kazakhstani Citizens

Trustworthy cryptocurrency exchanges for Kazakhstani citizens are government-regulated and have trading licenses. Larger exchanges are on stock exchanges.

Regulation Of Cryptocurrency Exchanges in Kazakhstan

The regulation of cryptocurrency exchanges in Kazakhstan is under development. The National Security Committee of the Republic of Kazakhstan oversees the cryptographic activities in the country, while the Astana International Financial Center (AIFC) offers guidance for foreign crypto providers. An exchange must request permission from the National Security Committee of the Republic of Kazakhstan and the Ministry of Digital Development. These licenses require exchanges to follow strict rules and identify users based on KYC standards. 

Is Cryptocurrency trading legal in Kazakhstan?

Trading cryptocurrency in Kazakhstan is legal. Digital coins and digital mining are legal in the country. Kazakhstan is home to 17 mining farms and offers access to secure services. Cryptocurrencies are subject to capital taxation regulations. 

How To Start Trading With – Binance

Binance is a leading global exchange with professional services and a secure trading app. It has a simple fee structure, rewards, and bonuses for account holders. Below are the steps you have to follow to start trading with Binance. 

Step 1: Open up the Binance official website 

Access the Binance official website under this link here – https://www.binance.com/en

Step 2: Click on the “Register” button 

Click on the “Register” button and select a method to open an account: with a phone, email address, Apple ID, or Google Account. 

binance-account-opening

Step 3: Verify your Binance account 

You’ll receive a notification from Binance to verify your account. You’ll have to submit personal information and a copy of your official ID. This will let you buy, hold, and sell crypto coins. 

Step 4: Buy digital coins 

You can buy, hold, and sell fractions of each crypto asset. To own a coin, you don’t have to buy the whole crypto coin. 

Conclusion

We recommend Binance as the best crypto exchange for Kazakhstani crypto traders. This exchange offers secure services, a powerful mobile trading app, and advanced trading tools. Coinbase comes in second, based on its low fees and excellent asset portfolio.  

FAQ

What Is A Centralized Crypto Exchange? 

A centralized crypto exchange refers to a private company that offers access to crypto trading platforms. This type of exchange follows strict KYC rules and requests account verification. 

What Is A Decentralized Crypto Exchange? 

A decentralized crypto exchange (DEX) refers to an exchange service provider with no central control point. It works as a server and has a perfect copy of the entire exchange on multiple computers. DEXs function with an “automated market maker” protocol and rely on user-contributed liquidity pools. This lets traders trade without a central trading desk. 

Is Bitcoin Legal In Kazakhstan? 

Yes, the Astana International Financial Centre (AIFC) oversees the circulation and release of digital coins like Bitcoin. It recommends that all traders use licensed crypto exchanges in Kazakhstan. 

Is Mining Legal In Kazakhstan? 

Yes, digital mining is legal in Kazakhstan. Local legislation offers the legal guidelines for mining and crypto coins. 


Disclosure

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

Disclaimer

eToro is a multi-asset platform that offers both investing in stocks and crypto assets, as well as trading CFDs. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Past performance is not an indication of future results. Cryptoassets are volatile instruments that can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading crypto assets is unregulated and therefore is not supervised by any EU regulatory framework.

Previous articleBest Crypto Exchange In Mexico
Next articleBest Crypto Exchange In China
Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

LEAVE A REPLY

Please enter your comment!
Please enter your name here