Cryptocurrency is becoming more popular globally and Kiribati is not left out. Since Cryptocurrencies are not widely regulated or recognized in Kiribati, many I-Kiribati are looking for safe and reliable platforms to buy, sell, and trade digital assets. 

While there are no local crypto exchanges in Kiribati, users rely on international platforms to access Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies.

Choosing the right exchange is important for security, low fees, and ease of use. Some platforms are great for beginners, while others offer advanced trading features for experienced users. 

In this guide, we have researched the best crypto exchanges available in Kiribati, their features, and how to choose the right one for your needs.

Key takeaway 

• Cryptocurrencies are not widely regulated or recognized in Kiribati, with limited adoption due to the country’s remote location and lack of infrastructure.
• UEEx offers Competitive fees with VIP benefits, a user-friendly platform for both beginners and experienced I-Kiribati users.
• For enhanced security, transfer your cryptocurrency to a personal wallet.  Hardware wallets like Ledger and Trezor store your assets offline.
• Transferring to a personal wallet provides better protection for your assets.

Exchange	Best for	Trading Fee	Max leverage	Available Asset	Fiat support	Security Feature	Unique Features
UEEx	Best overall	0.09% spot trading and 0.08% – 0.10% margin trading	200x	300+	Yes	93% of users fund in cold storage  Proof of Reserve $100 million Risk Mitigation Fund	Copy trading Native token, UE Coin, boosts functionality through transactions 2000 unique wallet addresses
Binance	Low fees and variety of cryptocurrency	0.1000% / 0.1000% Maker / Taker for Spot and margin (Fees may vary as the level increases	125x	400+	Yes	2FA, cold storage, encryption, and anti-phishing tools	Advanced trading tools, staking, and Binance Launchpad
Coin base	Beginners and Security	Trading fees: 0.05% – 0.60%	20x	250+	Yes	Two-factor authentication (2FA) and cold storage	Powerful tools like real-time order books, deep liquidity, and sophisticated charting
Kraken	Advanced Traders & Staking	Spot Trading Fees: 0.25%/0.40% maker/taker (lower fees for higher trading volumes) Futures Trading: 0.0200%/0.0500% maker/taker (lower fees for higher trading volumes)	50x	200+	Yes	Utilizes cold storage and two-factor authentication (2FA)	Dedicated Kraken wallet Competitive APRs reaching up to 12%.
Paxful	Best for Peer-to-Peer (P2P) Trading	Buying Cryptocurrency: Fees vary based on the seller’s rate Selling Cryptocurrency: The escrow amount is the amount of cryptocurrency you are selling	N/A	140+	Yes	Two-factor authentication (2FA) Advanced encryption.Secure escrow system.	A free Bitcoin wallet 500+ payment metho
Kucoin	Best for Earning Rewards & Trading New Coins	Spot Trading: 0.100% / 0.100 maker/taker rate Futures Trading: 0.020% / 0.060% maker/taker rate	125x	700+	Yes	Two-Factor Authentication (2FA), Cold storage, Anti-phishing protection and Account verification	Provides zero-fee conversions for certain trades Offers unique features like KuCoin Earn, trading bots

UEEx: Best Overall 

Source: UEEx

UEEx is a top choice and global cryptocurrency exchange for trading in Kiribati. With over 21 million users and access to 300+ trading pairs, it offers features like spot trading, leverage, stock trading, crypto loans, and more. 

It supports over 10 fiat currencies, including EUR,  ensuring easy transactions for I-Kiribati users. It provides robust security measures, such as unique deposit addresses and a 100% fund-repayment guarantee in case of breaches. 

It also features a 2FA factor authentication, cold storage and proof of reserve, which ensures that I-Kiribati Funds and personal information are kept private.

It offers Competitive fees with VIP benefits, a user-friendly platform for both beginners and experienced I-Kiribati users, and flexible payment options, making  UEEx the ideal exchange for traders in Kiribati.

Pros

• UEEx supports over 300+ cryptocurrencies
• Offers Competitive Fees with VIP benefits 
• UEEx has unique deposit addresses and a 100% fund-repayment guarantee in case of breaches. 
• Quick cryptocurrency transactions with convenient payment methods, including Apple Pay and Visa.
• 24/7 Customer support service for prompt Assistance through Email, chat, or phone 
• UEEx offers strong security measures such as 2FA factor authentication, cold storage, and prove of reserve 
• Ideal for all Crypto traders worldwide

Cons

• Some features like margin trading or staking might be overwhelming for newcomers.
• Limited fiat currency support.
• Identity verification is not mandatory but is required to access certain features.

Fees and Deposit 

• Spot Trading: 0.09% 
• Futures Trading: 0.05%
• Margin Trading: 0.08 %-0.10% 
• Stock Trading: 1.50%
• Deposit Fee: Free
• Withdrawal Fee: Vary by cryptocurrency. Charges 0.002 BTC for BTC withdrawal on BSC network, 1 USDT for USDT withdrawal on TRC20 and BSC network.

Binance: Low fees and Advanced Trading 

Binance is a global cryptocurrency exchange that allows users to buy, sell, and trade digital assets like Bitcoin (BTC), Ethereum (ETH), and many others. Binance is accessible in Kiribati and users in the country can sign up, deposit funds, and trade cryptocurrencies without major restrictions.

Binance supports over 350 cryptocurrencies, including BTC, ETH, BNB, and USDT. Users in Kiribati can buy crypto using credit/debit cards, peer-to-peer (P2P) trading, and crypto deposits. It uses two-factor authentication (2FA) for account protection and offers cold storage. Advanced traders can use Binance Futures for leveraged trading.

Pros

• Large selection of cryptocurrencies
• High liquidity (fast transactions)
• Strong security features
• Passive income opportunities (staking, savings)

Cons

• Some payment options may not be available in Kiribati
• Requires identity verification (KYC) for full access
• Advanced features like futures trading can be technical 

Fees and Deposit 

• Spot and Margin Trading Fees: 0.1000% / 0.1000% Maker / Taker for(Fees may vary as the level increases).
• Deposit Fee: Free for crypto deposits and varies for fiat deposits
• Withdrawal Fee: Varies with each cryptocurrency
• Payment Methods: Credit/debit cards and bank transfers.

Coin base: Best for Beginners and Security

Coinbase is a global cryptocurrency exchange that is accessible in Kiribati. It allows users to buy, sell, trade, and store cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and many others. It is regulated in multiple countries and is known for its strong security measures, making it one of the most trusted exchanges.

However, some services, such as direct fiat deposits and withdrawals, may be limited in availability. Users in Kiribati can still use the platform to trade and store cryptocurrencies, but they might need alternative methods for funding their accounts. The platform uses two-factor authentication and cold storage to secure users’ funds and data.

Pros

• Beginner-friendly and easy to use
• High security and trusted platform
• Supports multiple cryptocurrencies
• Coinbase Wallet for secure storage
• Earn rewards through staking and learning programs

Cons

• Some features, like direct fiat deposits, may not be available in Kiribati
• Higher trading fees compared to other exchanges like Binance
• Limited advanced trading features unless using Coinbase Pro

Fees and Deposit 

• Trading Fee: 00% – 0.40% (Maker) and 0.05% – 0.60% (Taker)

• Deposit Fee: Bank transfers are free, but credit/debit card deposits come with a 3.99% fee.
• Standard Transactions: 1.49%-2.99%, depending on the payment method.
• Withdrawal Fee: Varies based on crypto

Kraken: Best for Advanced Traders & Staking

Kraken is a global cryptocurrency exchange founded in 2011. It offers spot trading, futures trading, and staking services. It is well-regulated and trusted by thousands of users worldwide. It supports over 200 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA). It uses 2FA (Two-Factor Authentication) and cold storage to protect users’ funds and data.

Kraken allows users to stake certain cryptocurrencies like Ethereum (ETH) to earn passive rewards. It also offers a staking rewards program, which allows users to earn rewards for supporting the blockchain.

Pros

• Wide selection of cryptocurrencies for trading.
• Strong security measures (two-factor authentication, cold storage).
• Advanced trading options for experienced traders.
• Easy-to-use platform for beginners.
• Staking and earning opportunities for passive income.

Cons

• Some fiat deposit options may not be available
• Advanced trading features may be complex for beginners
• Verification (KYC) process can take time

• Trading Fee: 0.25% / 0.40% maker/taker (lower fees for higher trading volumes)
• Futures Trading: 0.0200% / 0.0500% maker/taker (lower fees for higher trading volumes)
• Deposit Fee: Bank transfers are free, but credit/debit card deposits come with a 3.99% fee.
• Withdrawal Fees: Vary by cryptocurrency
• Payment Methods: Apple Pay, Google Pay, Visa/Mastercard, Plaid ACH

Paxful: Best for Peer-to-Peer (P2P) Trading

Paxful is a popular peer-to-peer (P2P) cryptocurrency exchange that allows users in Kiribati to buy and sell Bitcoin (BTC) and other cryptocurrencies using various payment methods. It is known for its flexibility, user-friendly platform, and accessibility in many countries, including Kiribati.

Paxful does not sell cryptocurrencies itself; instead, it provides a platform where individuals can trade crypto with each other using different payment options. It is widely used in regions where access to banking services is limited, making it a great option for people in Kiribati who want to buy or sell crypto without relying on banks. 

Paxful uses an escrow system to protect both buyers and sellers. When a trade starts, the crypto is held in escrow until both parties confirm the payment.

Pros

• Wide range of payment options (mobile money, gift cards, cash, etc.).
• No fees for buyers when purchasing Bitcoin.
• Escrow service ensures secure transactions.
• P2P trading means users can negotiate their own prices.
• User-friendly mobile app for easy trading.

Cons

• Prices may be higher than traditional exchanges due to seller markups.
• Risk of scams if users do not verify seller reputations.
• Limited crypto options (mainly Bitcoin and a few others).

Fees and Deposit 

• All Non-Gift Card Payment Methods: 1.00% fee to sell and no fee to buy
• Gift Cards as Payment Methods:  5.00% fee to sell and no fee to buy
• Buying Cryptocurrency: Fees vary based on the seller’s rate
• Selling Cryptocurrency: The escrow amount is the amount of cryptocurrency you are selling
• Sending Cryptocurrency: Vary based on crypto. Dynamic Bitcoin network fee + Paxful fees are capped at a maximum of $25 for sending BTC

KuCoin: Best for Earning Rewards, Vast cryptocurrencies & Trading New Coins

KuCoin is a global cryptocurrency exchange that allows users to trade over 700 cryptocurrencies. KuCoin is available in Kiribati and users can sign up, deposit funds, and trade cryptocurrencies. It allows users to earn interest on idle funds. Users can also stake certain cryptocurrencies to earn rewards.

I-Kiribati Users can set up automated trading bots to buy and sell crypto without manual effort. It offers Two-Factor Authentication (2FA), cold storage, and an Insurance fund to cover potential losses from hacking.

Pros

• Supports 700+ cryptocurrencies
• Staking and lending to earn passive income
• Trading bots for automated trading
• Strong security with 2FA and insurance fund

Cons

• Limited fiat deposit options for Kiribati users
• Advanced trading features may be complex for beginners
• No direct customer support via phone

Fees and Deposit 

• Trading Fee: 0.100% maker/taker fee for regular users(fees decreasing as users advance from LV1 to LV12). 
• Deposit Fee: Deposit fees for bank transfers are usually free, while credit card deposits incur a 2.5% fee.
• Withdrawal Fees: Vary by cryptocurrency. For example, withdrawing BTC incurs a fee of 0.00038 BTC, while withdrawing USDT on the TRC20 network costs 1.5 USDT.
• Payment Methods: Bank transfers, PayPal, Zelle, Skril, Credit/Debit Card

Factors to Consider when Choosing a Crypto Exchange in Kiribati 

Source: Freepik

A good exchange ensures security, ease of use, and cost-effectiveness. Here are the key factors to consider when selecting a crypto exchange in Kiribati.

Security Measures

Security is the most important factor when choosing a crypto exchange. Look for platforms that offer safe and secure security services. An example of a secured exchange is UEEx and it features the following security measures below:

• Two-Factor Authentication (2FA): This adds extra protection to your account.
• Cold Storage: Most funds should be stored offline to prevent hacking.
• Insurance: UEEx offers insurance for user funds in case of a breach.
• Regulation Compliance: UEEx follows San Marino’s crypto regulations to avoid legal issues.

Exchange	Security Feature
UEEx	93% of users fund in cold storage  Proof of Reserve $100 million Risk Mitigation Fund
Binance	2FA, cold storage, encryption, and anti-phishing tools
Coin base	Two-factor authentication (2FA) and cold storage
Kraken	Utilizes cold storage and two-factor authentication (2FA)
Paxful	Secure escrow system Two-factor authentication (2FA) Advanced encryption.
Kucoin	Two-Factor Authentication (2FA), Cold storage, Anti-phishing protection and Account verification

Supported Cryptocurrencies

Not all exchanges support every cryptocurrency. If you want to trade Bitcoin, Ethereum, or altcoins, ensure that the exchange offers the specific cryptocurrencies you are interested in. UEEx offers a vast number of Cryptocurrencies, making it ideal for your trade.

Exchange	Supported Cryptocurrencies
UEEx	300+
Binance	400+
Coin base	250+
Kraken	200+
Paxful	140+
Kucoin	700+

Fees and Charges

Every exchange has different fees for transactions, deposits, and withdrawals. Consider:

• Trading Fees: Percentage charged for buying or selling crypto.
• Deposit and Withdrawal Fees: Some platforms charge fees when you add or remove funds.
• Hidden Charges: Be aware of extra costs that may not be obvious at first.

Look for exchanges with transparent fee structures to avoid unexpected costs like UEEx. UEEx offers a competitive fee of 0.09% spot trading and 0.08% – 0.10% margin trading compared to other exchanges that place relatively high charges on their trading fees.

Exchange	Trading Fee	Withdrawal Fee	Deposit Fee
UEEx	0.09% spot trading and 0.08% – 0.10% margin trading	Vary by cryptocurrency. Charges 0.002 BTC for BTC withdrawal on BSC network, 1 USDT for USDT withdrawal on TRC20 and BSC network.	Free
Binance	0.1000% / 0.1000% Maker / Taker for Spot and margin (Fees may vary as the level increases	Vary with each cryptocurrency	Free
Coin base	Trading fees: 0.05% – 0.60%	varies based on crypto	Bank transfers are free, but credit/debit card deposits come with a 3.99% fee.
Kraken	Spot Trading Fees: 0.25%/0.40% maker/taker (lower fees for higher trading volumes) Futures Trading: 0.0200%/0.0500% maker/taker (lower fees for higher trading volumes)	Vary by cryptocurrency	Bank transfers are free, but credit/debit card deposits come with a 3.99% fee.
Paxful	Buying Cryptocurrency: Fees vary based on the seller’s rate Selling Cryptocurrency: The escrow amount is the amount of cryptocurrency you are selling	Varies	Free
Kucoin	Spot Trading: 0.100%/0.100 maker/taker rate Futures Trading: 0.020% / 0.060% maker/taker rate	Vary by cryptocurrency. For example, withdrawing BTC incurs a fee of 0.00038 BTC, while withdrawing USDT on the TRC20 network costs 1.5 USDT.	Deposit fees for bank transfers are usually free, while credit card deposits incur a 2.5% fee.

Ease of Use

A beginner-friendly exchange should have:

• A simple and intuitive user interface
• A well-designed mobile app for trading on the go
• Clear instructions and guides for new traders

Customer Support

Good customer support is essential in case you have any issues with your account or transactions. UEEx offers the following customer support service:

• 24/7 live chat or email support.
• Check user reviews to see how quickly they respond to problems.
• A help center with FAQs and guides

Regulatory Compliance

Ensure the exchange complies with legal regulations in Kiribati or internationally. A regulated exchange is more trustworthy and follows security protocols to protect users.

How To Trade with UEEx in Kiribati

Trading on UEEx in Kiribati is easy. Just follow these steps.

Open an Account

Visit the UEEx website and click on Sign Up at the top of the homepage. You’ll need to:

• Enter your email address or phone number, including the country code.
• Create a strong, unique password for your account.
• If you have an invitation code, apply it to earn a commission.

Once you sign up, a verification code will be sent to your email or phone. Enter the code to verify and activate your account.

Deposit Funds

After activating your account, deposit funds to begin trading

• Open the Asset Management section.
• Choose to add either cryptocurrency or regular money.

• In the Recharge section, pick your deposit method.
• Follow the steps shown to finish the process.

Buy Cryptocurrency

Now that you have funds available in your account, you can start trading 

1. Click Trade next to the asset you want to trade.
2. Select an order type:
   • Market Order: Instantly buys or sells at the current market price.
   • Limit Order: Let’s you set a specific price for buying or selling.
3. Enter the amount of cryptocurrency you want to buy or the fiat amount you want to spend.
4. Review your order and click Buy or Sell to complete the transaction.

Withdraw /Transfer to Wallet 

For enhanced security, transfer your cryptocurrency to a personal wallet.  Hardware wallets like Ledger and Trezor store your assets offline, providing robust protection. Alternatively, software wallets such as MetaMask and Trust Wallet allow you to manage your crypto online.

To place a withdrawal from UEEx:

• On the homepage,  click the profile icon.
• Go to the Asset Management section.
• Choose to withdraw either fiat currency (regular money) or cryptocurrency.
• Find the asset (crypto or fiat) you want to withdraw and select Withdraw.
• Enter the receiving wallet address and the amount you want to withdraw on the next page. Make sure to select the correct network.

Transferring to a personal wallet provides better protection for your assets.

Are Crypto Exchanges Legal in Kiribati?

Cryptocurrency is unregulated in Kiribati. Adoption is limited due to the country’s remote location and lack of infrastructure. 

The government is yet to introduce clear regulations for cryptocurrencies, so users should be cautious and trade on trusted exchanges to avoid scams or security risks.

Conclusion

Finding the best crypto exchange in Kiribati depends on your needs. If you want low fees and many cryptocurrencies, Binance or Kraken are great choices. If you’re a beginner, Coinbase offers an easy-to-use platform. For peer-to-peer (P2P) trading, Paxful is a good option.

Before choosing an exchange, consider security, fees, available payment methods, and supported cryptocurrencies. Since crypto regulations in Kiribati are still developing, it’s important to trade on trusted platforms and use extra security measures like two-factor authentication (2FA) and secure wallets.

Whether you’re a beginner or an experienced trader, using a reliable exchange will help you safely buy, sell, and store crypto in Kiribati. Always do your research and trade responsibly.

FAQs

Is cryptocurrency legal in Kiribati?

Cryptocurrency is unregulated in Kiribati. There are no specific regulations for crypto trading, so users should be cautious and trade on secure platforms.

Can I buy crypto in Kiribati with a bank transfer?

It depends on the exchange. Some platforms, like UEEx, Binance P2P or Paxful, allow users to buy crypto using local payment methods.

How do I keep my crypto safe in Kiribati?

Use a secure exchange like UEEx that enables two-factor authentication (2FA), and store your crypto in a private wallet for extra security.

Are there fees for trading crypto in Kiribati?

Yes, most exchanges charge small fees for buying, selling, and withdrawing crypto. UEEx offers a competitive fee of 0.09% spot trading and 0.08% – 0.10% margin trading compared to other exchanges that place relatively high charges on their trading fees.