Best Crypto Exchanges in Bangladesh

Summary: Crypto operates in a complex legal environment in Bangladesh; although legal, it remains unregulated. The central bank has issued warnings against their use, citing concerns over potential misuse. Despite these restrictions, the country ranked 35th in the 2024 Global Crypto Adoption Index.

Here are the top 5 digital asset exchanges supporting Bangladeshi Taka (BDT) deposits:

  1. Bybit - Best Crypto Exchange in Bangladesh
  2. Gate.io - Recommended for Trading Altcoins
  3. KuCoin - High Crypto Staking Rewards
  4. Binance - Institutional Trading Platform
  5. OKX - Platform with CEX & DEX Services
Top Crypto Exchange in Bangladesh - Bybit
Website
Top Crypto Exchange in Bangladesh - Bybit
5.0 out of 5.0 by Datawallet.

Bybit is the best cryptocurrency exchange for Bangladeshi investors thanks to its instant and free BDT deposits to trade and stake cryptocurrencies with low investment fees from 0.1%.

Website
Available Markets

1,700+ Cryptocurrencies

Security

Globally regulated with audited 1:1 reserves

BDT Deposit Methods

Bank Transfer, Nagad, bKash & Credit Card

Top Crypto Trading Platforms in Bangladesh

Selecting a trustworthy exchange is essential for Bangladeshi investors seeking to trade digital assets. Since local regulations do not currently support cryptocurrency transactions, users must rely on international platforms with secure trading environments, low fees, and convenient BDT deposit methods. Below is a comparison table of the five best platforms available to users in Bangladesh.

Exchange
Cryptocurrencies
Trading Fees
Deposit Methods
Key Features
Bybit
1,700+
0.1%
Bank Transfer, bKash, Nagad, Rocket, Cards
Futures, Copy Trading, Staking, Bybit Card
Gate.io
3,600+
Maker 0.1%, Taker 0.2%
bKash, Rocket, Nagad, Bank Transfer
Copy Trading, Staking, NFT Trading, Loans
KuCoin
700+
0.1%
Bank Transfer, bKash, Nagad, Cards
Staking, Futures, GemSPACE, KuCoin Earn
Binance
350+
0.1%
Bank Transfer, Credit/Debit Card
Institutional Trading, Binance Earn, BNB Chain
OKX
350+
0.08%
Credit/Debit Card
CEX and DEX Trading, OKX Wallet, Web3, Staking

1. Bybit

Bybit is a leading global crypto exchange, serving over 64 million registered users across Bangladesh and 160 other countries. It provides a comprehensive suite of trading products, including spot trading, futures contracts with up to 100x leverage, copy trading, and trading bots.

The platform has a daily trading volume exceeding $57 billion, ensuring a seamless trading experience. It supports over 1,700 cryptocurrencies for spot trading and over 400 perpetual contracts. Bybit also provides a Web3 ecosystem, allowing users to interact with dApps and NFT trading. 

Bybit’s P2P trading service enables Bangladeshi users to buy and sell crypto using local payment methods such as bKash, Nagad and Rocket. Additional features include the Bybit Card, lending and borrowing services, TradeGPT, staking options and a demo account.

  • Fees: The spot trading fee is 0.1%.
  • Supported Assets: Over 1,700 digital assets.
  • Regulation & Licensing: Adheres to global regulatory standards and is available to Bangladeshi investors.
  • BDT Deposit Methods: Bank transfers, electronic payments, credit cards, debit cards, Rocket, paymentbKash and Nagad.
Bybit.

2. Gate.io

Gate.io is one of the largest exchanges, supporting over 3,600 listed digital assets for spot, margin, futures, and ETF trading with up to 100x leverage available for derivatives contracts. With a daily trading volume exceeding 10 billion dollars, it ensures deep liquidity across all order books. 

The exchange also offers Gate Startup, an early-access platform for new token launches. It also provides copy trading and bot trading, allowing users to mirror the strategies of top investors. The Web3 ecosystem includes a decentralized wallet, NFT trading and cross-chain staking.

New users can claim sign-up bonuses up to $10,000, while long-term users can earn passive income through Simple Earn, a program offering competitive interest rates on crypto holdings. Gate.io is known for its strong security measures, including cold storage and multi-signature wallets. 

  • Fees: 0.1% for maker orders and 0.2% for taker orders.
  • Supported Assets: Over 3,600 digital assets.
  • Regulation & Licensing: Operates offshore in the Seychelles but is available in Bangladesh.
  • BDT Deposit Methods: bKash, Rocket and Nagad.
Gate.io.

3. KuCoin

KuCoin has over 30 million users across Bangladesh and 160 other countries. Known as "The People’s Exchange," it offers a diverse range of 700+ cryptocurrencies. With a daily trading volume of over $2.63 billion, the platform provides spot trading, futures contracts and leveraged tokens.

The platform also offers GemSPACE, an exclusive section for discovering new altcoins before they gain mainstream adoption. KuCoin Earn enables users to generate passive income through staking, lending, and flexible savings plans with APY up to 499% available. 

Security is a major priority for KuCoin, featuring Proof of Reserves (PoR), advanced encryption, and multi-layered security measures to protect user funds. The exchange also provides 24/7 customer support, an intuitive mobile app, and KuCoin Learn, an educational hub for crypto beginners.

  • Fees: Maker and taker fees start at 0.1%, with discounts for KCS token holders.
  • Supported Assets: Over 700 cryptocurrencies.
  • Regulation & Licensing: Regulated globally and available in Bangladesh.
  • BDT Deposit Methods: Bank transfers, bKash, Nagad, and credit/debit cards via third-party providers.
KuCoin.

4. Binance

Binance is the world’s largest cryptocurrency exchange, serving over 257 million registered users across 100+ countries, including Bangladesh. It offers access to over 350 digital currencies for spot, futures and options trading, with up to 50x leverage supported. 

The advanced trading tools, low fees, deep liquidity, and institutional-grade services make it the preferred platform for both retail and professional traders. The Binance Earn program offers multiple ways to grow crypto holdings, including staking, flexible savings, and auto-invest options. 

Binance takes transparency seriously with regularly updated Proof of Reserves, 2FA, advanced encryption, and a Secure Asset Fund for Users (SAFU) protecting funds. The platform provides a user-friendly mobile app with 24/7 multilingual customer support to assist local traders.

  • Fees: Spot trading from 0.1%.
  • Supported Assets: Over 350 cryptocurrencies.
  • Regulation & Licensing: Globally licensed and available in Bangladesh.
  • BDT Deposit Methods: Bank transfer, credit cards and debit cards.
Binance.

5. OKX

OKX combines the best of centralized (CEX) and decentralized (DEX) trading in a single platform. The platform enables users to trade more than 350 digital assets for spot trading plus 100+ futures contracts with competitive fees and leverage options up to 50x supported.

One of its biggest advantages is its zero-fee quick conversion tool, allowing users to swap crypto assets instantly without slippage. Additionally, the OKX Earn program provides various passive income opportunities, including staking, DeFi lending, and liquidity pools. 

Beyond trading, OKX is a major player in the Web3 space, providing a non-custodial Web3 wallet, cross-chain DeFi portfolio management, and an NFT marketplace. The OKX Wallet is a powerful tool that allows users to connect to decentralized applications (DApps) and trade NFTs. 

  • Fees: 0.8% charge for spot trading, a maker fee of 0.02% and a taker fee of 0.07%.
  • Supported Assets: Over 350 cryptocurrencies.
  • Regulation & Licensing: Follows international regulatory standards and is accessible from Bangladesh.
  • BDT Deposit Methods: Credit cards.
OKX.

Is Crypto Regulated in Bangladesh?

Bangladesh has a stringent regulatory environment for cryptocurrencies. The Bangladesh Bank has consistently warned against using digital currencies, leading to confusion over whether crypto is legal. The Bitcoin Foundation Bangladesh responded to this ambiguity by stating that the central bank's statements are more cautionary than outright prohibitive.

Despite these prohibitions, the government is exploring the feasibility of introducing a Central Bank Digital Currency (CBDC). In 2022, Finance Minister AHM Mustafa Kamal announced plans for a study to assess the potential of a CBDC, aiming to facilitate virtual transactions and support the growth of startups and e-commerce businesses. 

How is Crypto Taxed in Bangladesh?

In Bangladesh, the taxation of cryptocurrencies remains undefined due to the absence of specific regulations. The National Board of Revenue (NBR) has not established guidelines for reporting income or gains derived from digital assets. Consequently, there is no clear framework for declaring profits from activities such as trading, mining, or staking cryptocurrencies.

Individuals engaging in crypto transactions are advised to keep detailed records of their activities and report any earnings as part of their annual tax filings.As Bangladesh continues to explore the regulatory landscape for digital assets, more defined tax policies will likely be introduced.

Cryptocurrency Adoption in Bangladesh

Bangladesh holds the 35th spot in the 2024 Global Crypto Adoption Index, showing steady growth in digital asset use despite strict regulations. An estimated 4.3 million people, or 2.5% of the population, own cryptocurrencies.

Government restrictions have not stopped investors from using offshore exchanges such as Binance, OKX, and Kraken. Many rely on peer-to-peer networks and alternative payment methods to trade and invest.

Cryptocurrency Adoption in Bangladesh

How to Buy Bitcoin in Bangladesh

Since local regulations do not officially support cryptocurrency trading, users typically rely on international platforms that offer peer-to-peer (P2P) transactions or deposits via third-party services. Follow this step-by-step guide to buy BTC in Bangladesh:

  1. Find Exchange: Select an exchange that accepts Bangladeshi users. Platforms such as Bybit, Binance, OKX, and Kraken offer P2P trading and other secure buying options.
  2. Complete Identity Verification (KYC): Most international exchanges require Know Your Customer (KYC) verification. To access full trading features, create an account, upload identification documents (passport or national ID), and verify your personal details.
  3. Deposit Funds in BDT: Select a payment method such as bKash, Nagad, Rocket, or international remittance services to fund your account.
  4. Buy Bitcoin: Go to the trading section and select BTC/BDT. For P2P transactions, choose a verified seller, enter the amount you wish to buy, and complete the purchase.
  5. Store Bitcoin: Once you have purchased Bitcoin, transfer it to a private wallet for enhanced security. Hardware wallets like Ledger or Trezor provide better protection against exchange vulnerabilities.

Since Bangladesh does not yet have clear regulations on cryptocurrency, it is essential to stay updated on legal developments and follow secure trading practices to protect your assets.

Final Thoughts

Cryptocurrency trading in Bangladesh exists in a regulatory gray area, but investor interest continues to grow. With no local exchanges available, traders must rely on secure international platforms like Bybit, Gate.io, KuCoin, Binance, and OKX, which offer diverse trading options, P2P services, and BDT deposit support.