Cryptocurrency adoption in Armenia has steadily increased over the past few years, driven by growing public interest, government initiatives, and technological advancements. With 2025 promising further growth in the digital asset market, choosing the right crypto exchange is essential for seasoned traders and newcomers.
Armenia’s crypto-friendly environment and improving financial infrastructure make it an attractive destination for crypto enthusiasts. Whether you’re looking to invest in Bitcoin, Ethereum, or emerging altcoins, selecting a reliable, secure, and user-friendly exchange can significantly enhance your trading experience.
This guide highlights the best crypto exchanges available in Armenia in 2025, considering factors such as fees, security features, and ease of use, among others.
| Exchange | Trading Fees | Best For | Max Leverage | Available Assets | Fiat Support | Security Features | Unique Features |
| UEEx | 0.09% (spot);0.08-0.10% (margin); 0.05% (futures) | Traders looking to diversify with crypto and stocks | 200x | 300+ | Multiple | – Distributed cold storage- IP and wallet whitelisting- Proof of Reserve | UE Coin Miner app, copy trading, access to US and Hong Kong stocks, advanced trading tools |
| Binance | 0.09% (spot);0.08-0.10% (margin); 0.02-0.05% (futures) | Global traders and comprehensive crypto services | 125x | 500+ | Multiple including Armenian Dram (AMD) | – SAFU fund- 2FA- Cold and hot wallet security | Launchpad, futures trading, educational resources, P2P marketplace |
| OKX | 0.08-0.10% (spot, margin, futures) | Advanced traders seeking high leverage and features | 125x | 350+ | Multiple including Armenian Dram (AMD) | – 2FA- Cold and hot wallet security- Proof of Reserves | OKX Earn, options trading, NFT marketplace, decentralized wallet |
| Kraken | 0-0.40% (spot, margin, futures) | Beginners and advanced traders | 50x | 200+ | Multiple | – 2FA- Global Settings Lock- Cold storage security | OTC desk, staking, futures, comprehensive support |
| Coinbase | 0-1.49% (spot)Fees vary based on 30-day trading volume and USDC balance. | Beginners seeking a user-friendly interface | None | 150+ | USD, EUR | – 2FA- Insurance on custodial assets- Cold storage security | Coinbase Earn, educational content, seamless mobile app |
| KuCoin | 0-0.10% (spot); 0-0.06% (futures) | Access to a wide range of altcoins and derivatives | 100x | 700+ | Multiple | – 2FA- Cold wallet storage- Trading password | KuCoin Earn, lending services, margin and futures trading |
| Gate.io | 0-0.10% (spot); 0.025-0.075% (futures) | Experienced traders and extensive crypto offerings | 100x | 1400+ | Multiple | – 2FA- Cold wallet- Security audit | Initial Exchange Offerings (IEOs), margin trading, lending services |
| Bitstamp | 0-0.40% (spot, margin, futures) | Reliable exchange for long-term investors | None | 80+ | USD, EUR | – 2FA- Cold wallet security- Insurance for custodial assets | Advanced trading interface, mobile app, institutional-grade services |
Top Exchanges in Armenia in 2025
- UEEx – Best Overall
Summary: Best for traders looking to diversify their portfolio with crypto and stocks, all in one platform.
UEEx is an all-in-one trading platform that supports both cryptocurrency and stock trading, making it a versatile choice for you if you want to diversify their portfolios. The exchange offers advanced tools, high leverage, and a range of unique features tailored for both beginners and experienced traders.
UEEx offers you unique features like the UE Coin Miner app, allowing you to mine UE Coin, the platform’s native token. They also offer copy trading, enabling users to mirror the trades of experienced investors automatically.
These features, combined with competitive fees and a user-friendly interface, make UEEx an attractive option for Armenian traders seeking a comprehensive trading experience.
Pros
- Wide range of assets, including over 200 cryptocurrencies and stocks
- User-friendly platform and mobile app
- Competitive fees
- Innovative features like copy trading and the UE Coin Miner app
Cons
- Relatively new exchange compared to some established players
- Limited fiat currency support for withdrawals
Fees
- Spot Trading: 0.09% maker/taker fee
- Margin Trading: 0.08 – 0.10% maker/taker fee
- Deposit Fees: Free
- Withdrawal Fees: Free for internal crypto transfers; fees vary for external transfers and fiat withdrawals
2. Binance – Best for Ecosystem Diversity
Summary: Best for users seeking a comprehensive platform with advanced trading features and low fees.
Binance, one of the largest and most established cryptocurrency exchanges in the world, offers you access to a vast range of digital assets and trading tools. Known for its high liquidity, competitive fees, and advanced features, Binance provides everything from spot and futures trading to staking and lending services.
Binance also supports a wide variety of cryptocurrencies, with over 500 coins available for trading. The platform’s security features, including two-factor authentication (2FA) and advanced encryption, help ensure a safe trading environment. Additionally, Binance’s mobile app offers seamless trading on the go.
Pros
- Wide selection of over 500 cryptocurrencies
- Advanced trading features (spot, futures, margin, staking)
- Low trading fees
- High liquidity and trading volume
- Strong security measures and insurance fund (SAFU)
Cons
- May be complex for beginners due to advanced features
- Limited fiat support for Armenian dram (AMD)
Fees
- Spot Trading: 0.09% maker/taker fee (discounts available with BNB)
- Futures Trading: 0.02%-0.05% maker/taker fee
- Deposit Fees: Free for crypto deposits
- Withdrawal Fees: Vary by cryptocurrency; fiat withdrawals depend on method used
3. OKX – Best for Advanced Trading Features
Summary: Best for users seeking a platform with high-leverage options, innovative features, and a broad range of assets.
OKX is a leading global crypto exchange offering you access to over 350 cryptocurrencies and multiple trading options, including spot, margin, and derivatives trading. Known for its high leverage of up to 125x and innovative tools, OKX is ideal for maximizing your trading potential.
OKX also provides unique features such as an integrated Web3 wallet, decentralized finance (DeFi) services, and robust security measures, including two-factor authentication (2FA) and anti-phishing codes. Its user-friendly mobile app ensures seamless trading on the go, while educational resources and customer support help users navigate the platform efficiently.
Pros
- Access to over 350 cryptocurrencies
- High leverage up to 125x for derivatives trading
- Innovative features like a Web3 wallet and DeFi services
- Strong security measures, including 2FA and anti-phishing codes
- User-friendly mobile app for trading on the go
Cons
- May be overwhelming for beginners due to the advanced options
- Limited fiat support for Armenian dram (AMD)
Fees
- Spot Trading: 0.08-0.10% maker/taker fee (lower fees for high-volume traders)
- Deposit Fees: Free for crypto deposits
- Withdrawal Fees: Vary by cryptocurrency; fiat withdrawal fees depend on the method used
4. Kraken – Best for Security & Compliance
Summary: Best for traders looking for a secure platform with advanced features and robust fiat support.
Kraken is a globally trusted cryptocurrency exchange offering you a secure and feature-rich platform for buying, selling, and trading digital assets. Known for its strong security measures and transparency, Kraken supports over 200 cryptocurrencies and offers advanced trading options, including margin and futures trading.
Kraken stands out for its user-friendly interface. Additionally, the platform provides fiat currency support for deposits and withdrawals, making it easier to convert crypto to traditional currencies.
The Kraken Pro interface offers lower fees and a comprehensive set of tools for you if you are a professional trader.
Pros
- Strong security and transparent platform
- Support for over 200 cryptocurrencies
- Margin and futures trading options
- Fiat deposits and withdrawals supported
- Kraken Pro for lower fees and advanced tools
Cons
- The verification process can be slow
- Limited educational resources for beginners
Fees
- Spot Trading: 0 – 0.40% maker/taker fee (varies based on trading volume)
- Deposit Fees: Free for crypto deposits; fiat deposits vary based on method
- Withdrawal Fees: Vary by cryptocurrency and fiat withdrawal method
5. Coinbase – Best for Beginners
Summary: Best for Armenians seeking a user-friendly platform with strong security and educational resources.
Coinbase is a well-known cryptocurrency exchange that offers you an easy and intuitive way to enter the crypto market. With its simple interface, Coinbase makes buying, selling, and managing digital assets accessible for beginners. The platform supports over 150 cryptocurrencies and provides a range of educational resources to help users learn about crypto while they invest.
Coinbase is also renowned for its strong security features, including two-factor authentication (2FA), cold storage for most funds, and insurance protection against potential breaches. Additionally, you can access the Coinbase mobile app for seamless trading on the go.
Pros
- Beginner-friendly interface and mobile app
- Strong security measures and insurance protection
- Educational resources through Coinbase Learn
- Supports over 150 cryptocurrencies
Cons
- Higher fees compared to other exchanges
- Limited advanced trading features for experienced users
Fees
- Spot Trading: 0 – 1.49% fee per trade (varies based on trading volume)
- Deposit Fees: Free for crypto deposits; bank transfer fees vary
- Withdrawal Fees: Vary by payment method and currency
6. KuCoin – Best for Altcoin Variety
Summary: Best for users looking for a wide selection of altcoins and advanced trading options at low fees.
KuCoin is a globally recognized crypto exchange known for offering a diverse range of cryptocurrencies and trading features. With over 700 digital assets available, KuCoin is ideal for you if you want access to lesser-known altcoins and innovative products like margin trading, futures, and lending services.
KuCoin stands out with its low trading fees, competitive leverage of up to 100x for derivatives trading, and unique features such as the KuCoin Earn program, which allows you to earn passive income through staking and lending. The platform also prioritizes security with two-factor authentication (2FA), cold wallet storage, and a trading password for added protection.
Pros
- Over 700 cryptocurrencies available, including a wide range of altcoins
- Low trading fees (0.1% maker/taker)
- Advanced trading features (spot, margin, futures, lending)
- Competitive leverage up to 100x for derivatives trading
- KuCoin Earn for passive income opportunities
Cons
- The complex interface may be challenging for beginners
- Limited fiat support for Armenian dram (AMD)
Fees
- Spot Trading: 0 – 0.10% maker/taker fee (discounts available for KCS token holders)
- Futures Trading: 0 – 0.06% maker/taker fee
- Deposit Fees: Free for crypto deposits
- Withdrawal Fees: Vary by cryptocurrency; fiat withdrawal fees depend on the method used
7. Gate.io – Best for New Token Listings
Summary: Best for users looking for a wide range of cryptocurrencies and innovative trading options.
Gate.io is a versatile and established crypto exchange known for offering an extensive selection of cryptocurrencies. This makes it ideal for you if you are looking to explore both popular and lesser-known digital assets.
The platform also provides a variety of trading options, including spot trading, futures, margin trading, and staking services.
Gate.io is equipped with innovative features such as copy trading, automated bots, and lending options.
The platform maintains strong security measures, including two-factor authentication (2FA) and cold storage of funds. Its user-friendly interface makes it easy to navigate its diverse offerings.
Pros
- Massive selection of cryptocurrencies
- Wide range of trading options (spot, futures, margin)
- Innovative features like copy trading and trading bots
- Strong security measures, including 2FA and cold storage
Cons
- Interface may feel overwhelming to beginners
- Limited fiat deposit and withdrawal options
Fees
- Spot Trading: 0 – 0.10% maker/taker fee (discounts available with GateToken)
- Futures Trading: 0.025 – 0.075% maker/taker fee
- Deposit Fees: Free for crypto deposits
- Withdrawal Fees: Vary by cryptocurrency
8. Bitstamp – Best for European Traders
Summary: Best for long-term investors seeking a reliable, secure, and straightforward exchange.
Bitstamp is one of the longest-standing cryptocurrency exchanges, known for its robust security, transparent operations, and user-friendly interface. Offering you access to over 80 cryptocurrencies, Bitstamp caters to you if you prioritize reliability and simplicity over complex trading features.
The platform provides you with basic spot trading, an advanced Tradeview interface, and institutional-grade services.
Bitstamp’s security measures include two-factor authentication (2FA), cold wallet storage, and insurance for custodial assets. Its customer support is highly rated, and the platform offers seamless mobile and web trading experiences.
Pros
- Long-standing, reputable exchange with a decade of operation
- User-friendly interface suitable for beginners
- Institutional-grade security, including insurance for custodial assets
- Excellent customer support
- Advanced Tradeview platform for detailed charting and trading
Cons
- Limited selection of cryptocurrencies (around 80) compared to competitors
- No advanced trading options like margin or futures
- Relatively high trading fees for low-volume traders
Fees
- Spot Trading: 0 – 0.40% maker/taker fee (reduces with higher trading volumes)
- Deposit Fees: Free for SEPA deposits; 0.05% for international wire transfers
- Withdrawal Fees: €3 for SEPA withdrawals; 0.1% for international wire transfers
- Crypto Withdrawal Fees: Vary by cryptocurrency
Why Use a Crypto Exchange in Armenia?
Source: Freepik
Cryptocurrency exchanges play a crucial role in Armenia’s growing digital asset ecosystem, offering a reliable platform to buy, sell, and trade cryptocurrencies. Here are some key reasons why using a crypto exchange in Armenia is beneficial:
Increasing Adoption and Government Support
Armenia’s openness toward blockchain and cryptocurrency regulations has made it an attractive market for global exchanges.
Major platforms like UEEx, Binance, OKX, and Kraken often capitalize on such favorable regulatory environments to offer services locally, enhancing accessibility and trust among Armenian users.
Access to Diverse Investment Opportunities
Exchanges such as KuCoin, and Gate.io are known for their extensive range of altcoins and emerging crypto projects.
This diversity allows you to explore beyond mainstream cryptocurrencies like Bitcoin and Ethereum, supporting their growing interest in niche digital assets.
Secure and Regulated Platforms
Global exchanges like UEEx, Coinbase, Bitstamp, and Kraken are renowned for their strong focus on security measures, including 2FA, cold storage, and proof of reserves.
This reputation makes them appealing options for you if you value the safety of your assets.
Advanced Trading Tools and Features
If you are a seasoned trader, UEEx, Binance, OKX, and KuCoin offer advanced trading features such as margin trading, futures contracts, and staking.
These tools help you to enhance your strategies and maximize their potential profits.
Global Connectivity
Exchanges like UEEx, Binance, Kraken, and Bitstamp provide you with access to global markets, high liquidity, and trends.
This connectivity ensures they remain competitive in the global crypto space, leveraging international trading opportunities.
What to Consider When Choosing a Crypto Exchange in Armenia
Selecting the right crypto exchange is essential for a safe and efficient trading experience. Here are key factors to consider when choosing a crypto exchange in Armenia:
Security Features
| Exchange | Insurance | Cold Storage % | Regulatory Status | Security Features |
| UEEx | Yes | 93% | Licensed | Multi-factor authentication, Access control with IP, and wallet whitelisting |
| Binance | SAFU | 90% | FSMA registered | Advanced API permissions, Hardware 2FA |
| OKX | Yes | Not disclosed | Licensed in various jurisdictions, check their site | Two-factor authentication, Anti-phishing measures, Cold Storage, and other security protocols. |
| Kraken | Yes | 95%+ | Registered with FinCEN, UK FCA registered | Two-factor authentication, API key restrictions, Email confirmations, PGP encryption |
| Coinbase | Yes | 98% | New York’s BitLicense, Registered with FinCEN | Two-factor authentication (2FA), AES-256 data encryption |
| KuCoin | Yes | Not disclosed | Registered with the CIMA (Cayman Islands Monetary Authority) | Two-factor authentication, Advanced encryption, Multi-layered security system. |
| Gate.io | Yes | Not-disclosed | Licensed in various jurisdictions | Two-factor authentication, Cold storage, Anti-phishing measures |
| Bitstamp | Yes | Not disclosed | Licensed in the EU, regulated in several jurisdictions | Two-factor authentication, Cold storage, Email confirmations. |
Security is a top priority when selecting a crypto exchange in Armenia. UEEx is notable for its robust security measures, including two-factor authentication (2FA) and cold storage to safeguard funds.
Coinbase, Kraken, and Bitstamp are also celebrated for their encryption protocols and proof of reserves for transparency. Similarly, Binance and OKX implement advanced encryption and conduct regular audits to maintain user trust.
Trading Fees
Trading fees significantly impact the overall cost of using a crypto exchange. UEEx is particularly attractive for their low fees. For Binance and KuCoin, discounts are available when using their native tokens (BNB for Binance and KCS for KuCoin).
Available Cryptocurrencies
If you are seeking diversification, the range of cryptocurrencies available on an exchange is crucial. UEEx, Binance, OKX, KuCoin and Gate.io provide access to a vast selection of altcoins and emerging tokens, catering to both seasoned traders and crypto enthusiasts.
Fiat Support and Payment Methods
| Exchange | Fiat Deposit Methods | Fiat Withdrawal Methods | Supported Fiat Currencies |
| UEEx | Bank transfer, Credit/debit card | Bank transfer | EUR, USD, GBP, and others |
| Binance | Bank transfer, Credit/debit card, Third-party payment providers | Bank transfer, Credit/debit card | EUR, USD, GBP, and others |
| OKX | Bank transfer, Credit/Debit Card, Apple Pay, Google Pay, P2P | Bank transfer, Credit/Debit Card, P2P | USD, EUR, GBP, and others |
| Kraken | Bank transfer, Credit/debit card, Wire transfer, SEPA | Bank transfer, Wire transfer | EUR, USD, GBP, CAD, JPY, AUD, CHF and others |
| Coinbase | Bank transfer, Credit/debit card, PayPal, SEPA | Bank transfer, Credit/debit card, PayPal | EUR, USD, GBP, and others |
| KuCoin | Bank transfer, Credit/Debit Card, Apple Pay, Google Pay, P2P | Bank transfer, Credit/Debit Card, P2P | USD, EUR, GBP, and others |
| Gate.io | Credit/debit card, Bank Transfer, P2P | Credit/debit card, Bank Transfer, P2P, Crypto withdrawals | USD, EUR, and others |
| Bitstamp | Bank transfer, Credit/Debit Card, SEPA | Bank transfer | USD, EUR, GBP, and others |
UEEx offers convenient payment methods and is essential, especially for those looking to deposit or withdraw in Armenian dram (AMD).
Kraken and Bitstamp also stand out for their strong fiat integration, enabling seamless conversions between fiat currencies and cryptocurrencies.
Liquidity
Liquidity is critical for fast trade execution and minimal price slippage, especially for high-volume traders.
Binance and Kraken boast extensive user bases and high trading volumes, ensuring adequate liquidity across various markets. This advantage allows you to enter and exit positions efficiently, regardless of the size of your trades.
Customer Support
Reliable customer support is essential for resolving issues promptly and ensuring a smooth trading experience.
UEEx, Coinbase and Binance are known for their comprehensive customer service, offering multiple support channels.
Getting Started with UEEx in Armenia
Ready to start trading with UEEx in Armenia? Here’s a step-by-step guide to get you started on the platform:
1. Open an Account
Go to the official website of UEEx and click on “Sign Up” at the top right-hand corner of the homepage. Enter your email address or phone number with the country code and create a strong, unique password.
You will receive a verification code to confirm your email address or phone number. If you have an invitation code, enter it when opening the account so you’ll receive a commission.
2. Deposit Funds
You can deposit funds to start trading immediately. Go to the “Asset Management” section of the platform. Find the “Recharge” section under your chosen asset and select the crypto or fiat option you want to use.
Follow the on-screen instructions to complete the deposit process. The waiting time for the deposit to clear will depend on the cryptocurrency or fiat currency you used and the necessary block confirmations or deposit processing time.
3. Begin Trading
Now you’re ready to buy your first cryptocurrency! Explore the platform features and start trading. UEEx offers a user-friendly interface suitable for both beginners and experienced traders.
UEEx also offers unique features like the UE Coin Miner app, which allows you to mine UE Coin, the platform’s native token.
Conclusion
The number of crypto exchanges in Armenia makes it difficult to choose the best one. Your individual needs will ultimately determine the best exchange for you. This guide helps simplify the process by providing details on the top crypto exchanges in Armenia to meet your specific requirements.
Start your crypto trading journey by choosing an exchange that best aligns with your goals. Prioritize what is important to you, whether it’s low fees or a diverse range of assets. Select an exchange that not only caters to your preferences but also fulfills your trading requirements.
FAQs
1. Is cryptocurrency legal in Armenia?
Yes, cryptocurrency is legal in Armenia. While there is no specific regulatory framework governing crypto assets, the government has shown a progressive approach toward blockchain and crypto-related technologies, making it a crypto-friendly environment.
2. Do crypto exchanges in Armenia support Armenian dram (AMD)?
Some international exchanges offer fiat support for the Armenian dram (AMD), while others may support major global currencies like USD, EUR, or CAD. Check the exchange’s fiat options before signing up if you prefer using AMD for deposits or withdrawals.
3. What are the trading fees on crypto exchanges in Armenia?
Trading fees vary depending on the platform. Most exchanges charge a maker/taker fee ranging between 0.1% to 0.5% for spot trading. Discounts may be available for high-volume traders or those using native tokens like BNB on Binance or OKB on OKX.
4. Are crypto exchanges in Armenia safe to use?
Reputable exchanges prioritize security through features such as two-factor authentication (2FA), cold storage, encryption, and proof of reserves. Always choose an exchange with strong security measures and positive user reviews to ensure a safe trading experience.
5. Can I trade cryptocurrencies on my mobile device?
Yes, most leading crypto exchanges offer mobile apps for iOS and Android devices. These apps provide a convenient way to manage your trades, monitor prices, and access account features on the go.
