Research the top Bitcoin exchanges in Myanmar
Bitcoin has become a popular investment option for many people around the world. Myanmar is no exception, with an increasing number of people interested in buying Bitcoin. However, buying Bitcoin in Myanmar can be a bit challenging due to the lack of regulation and infrastructure. In this article, we will explore the top Bitcoin exchanges in Myanmar and how to buy Bitcoin through them.
The first and most popular Bitcoin exchange in Myanmar is CB Bank. CB Bank is a local bank that offers Bitcoin trading services to its customers. To buy Bitcoin through CB Bank, you need to have an account with the bank and complete the necessary KYC (Know Your Customer) procedures. Once you have completed the KYC procedures, you can buy Bitcoin through the bank’s online platform or mobile app. The fees for buying Bitcoin through CB Bank are relatively low, making it an attractive option for many people.
Another popular Bitcoin exchange in Myanmar is Coinhako. Coinhako is a Singapore-based exchange that offers Bitcoin trading services to customers in Myanmar. To buy Bitcoin through Coinhako, you need to create an account on their website and complete the necessary KYC procedures. Once you have completed the KYC procedures, you can buy Bitcoin through their online platform or mobile app. Coinhako charges a fee of 1% for buying Bitcoin, which is relatively low compared to other exchanges.
Binance is another popular Bitcoin exchange in Myanmar. Binance is a global exchange that offers Bitcoin trading services to customers in Myanmar. To buy Bitcoin through Binance, you need to create an account on their website and complete the necessary KYC procedures. Once you have completed the KYC procedures, you can buy Bitcoin through their online platform or mobile app. Binance charges a fee of 0.1% for buying Bitcoin, which is relatively low compared to other exchanges.
Bitkub is a Thailand-based exchange that offers Bitcoin trading services to customers in Myanmar. To buy Bitcoin through Bitkub, you need to create an account on their website and complete the necessary KYC procedures. Once you have completed the KYC procedures, you can buy Bitcoin through their online platform or mobile app. Bitkub charges a fee of 0.25% for buying Bitcoin, which is relatively low compared to other exchanges.
Finally, there is also LocalBitcoins, a peer-to-peer Bitcoin exchange that allows buyers and sellers to trade Bitcoin directly. To buy Bitcoin through LocalBitcoins, you need to create an account on their website and find a seller who is willing to sell Bitcoin to you. Once you have found a seller, you can negotiate the price and payment method with them. LocalBitcoins charges a fee of 1% for buying Bitcoin, which is relatively low compared to other exchanges.
In conclusion, buying Bitcoin in Myanmar is not as difficult as it may seem. There are several Bitcoin exchanges that offer trading services to customers in Myanmar. CB Bank, Coinhako, Binance, Bitkub, and LocalBitcoins are some of the top Bitcoin exchanges in Myanmar. To buy Bitcoin through these exchanges, you need to create an account, complete the necessary KYC procedures, and then buy Bitcoin through their online platform or mobile app. The fees for buying Bitcoin through these exchanges are relatively low, making it an attractive option for many people.