Kazakhstan is becoming a popular place for cryptocurrency trading and blockchain technology. With supportive rules and growing interest, many crypto exchanges are now offering their services in the country. Choosing the right exchange is important for safe and easy trading.
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We have researched and compiled a list of the best crypto exchanges in Kazakhstan. We’ll cover their features, benefits, and why they’re trusted by traders. Whether you’re new to crypto or an experienced trader, this guide will help you find the right platform to meet your needs.
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Key Takeaway
- Kazakhstan is one of the few countries in Central Asia that has established clear regulations regarding the use of cryptocurrencies.
- UEEx allows Kazakhstani users to buy, sell, and trade crypto, offering features like futures trading, spot trading, margin trading, stock trading, and crypto loans.
- Kazakhstan has become a major hub for cryptocurrency mining due to its relatively low energy costs.
- To get started with trading on UEEx in Kazakhstan you will have to Visit the UEEx website, click on Sign Up at the top of the homepage, and follow a series of other steps
Exchange | Best for | Trading Fee | Max leverage | Available Asset | fiat support | security feature | unique features |
UEEx | Best overall | 0.9% spot trading and 0.08% – 0.10% margin trading | 200x | 300+ | Yes | Distributed cold storage, Access control with IP and wallet whitelisting, Proof of Reserve, Unique sending addresses, Two-factor authentication, and regular updates to wallet software. | UE Coin Miner app, copy trading, Advanced trading tools, Tree-Graph consensus mechanism, Unlimited receiving addresses |
Binance | A wide range of cryptocurrencies | 0.1% Maker / Taker fees (for spot and margin trading) | up to 125x | 300+ | Yes | Offline cold storage, two-factor authentication, multi-signature and threshold signature scheme | 24/7 support in 40 languages, Educational resources from Binance Academy, Has a very high trading volume |
Bybit | Leverage and derivatives trading | 0.1% trading fee for the Taker and no fee for the Maker. | 100x | 300+ | Yes | Cold storage, SSL encryption, two-factor authentication, real-time monitoring, YubiKey authentication, passkey, anti-phishing code, and new address withdrawal lock | Specializes in derivatives, Perpetual contracts, copy trading features, Lending, and crypto loans, Crypto earn, Bybit card, Launchpad, NFT Marketplace |
Upbit | Security and advanced trading tools | 0.25% makers and takers | N/A | 100+ | Yes | Implements advanced encryption and partners with BitGo for secure wallet management | Upbit supports multiple languages, including Russian, ensuring accessibility for users in Kazakhstan. |
Biteeu | Local fiat support | 0.1% maker and 0.05%Taker | N/A | 300+ | Employs military-grade encryption to protect user data. It uses cold wallets to store most funds offline | Biteeu offers professional-grade trading tools, including real-time charts, stop-loss orders, and margin trading |
UEEx: Overall Best
UEEx is a trusted crypto exchange that focuses on security, privacy, and new ideas, making it great for crypto users in Kazakhstan
Launched in 2021, UEEx allows Kazakhstani users to buy, sell, and trade crypto. It also offers futures trading, spot trading, margin trading, stock trading, and crypto loans. The platform is easy to use; it supports over 10 fiat currencies and has low fees ensuring easy transactions for Kazakhstani crypto users.
With features like multilingual support and strong security, UEEx has grown quickly. It has reached $5 billion in user assets and created tools like the UEEx Coin Miner App, showing its growth and reliability making it the ideal exchange for Kazakhstani crypto Users.
Pros
- Secure platform with strong privacy features
- Offers services like demo trading and copy trading
- Competitive fees
- High liquidity and stable performance
- Transparent fund management with regular proof-of-reserves reports
- Supports many fiat currencies
Cons
- Advanced tools can be challenging for beginners to use
- Limited fiat deposit options in certain regions
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 1 USDT for USDT withdrawal on TRC20 and Bsc network.
- Payment Methods: Multiple options are available including Apple Pay, Visa, bank transfer, and credit/debit cards.
Binance: Best for a Wide Range of Cryptocurrencies
A global leader in cryptocurrency trading, Binance offers a wide range of services, including spot and futures trading, staking, and savings products.
It has established a strong presence in Kazakhstan, collaborating with local authorities to enhance the crypto ecosystem.
Binance offers an extensive selection of cryptocurrencies for spot trading, catering to traders with varying preferences. You can access futures and derivatives markets, enabling leverage trading and risk management strategies.
Binance provides opportunities for you to earn passive income through staking and savings programs. It supports seamless fiat-to-crypto transactions, allowing you to buy cryptocurrencies with Kazakhstani tenge (KZT) via credit cards, bank transfers, or Binance P2P.
In selected regions, including Kazakhstan, Binance provides a crypto debit card, enabling you to spend cryptocurrencies at merchant locations that accept Visa cards.
Pros
- Supports hundreds of coins and trading pairs
- Includes spot trading, futures, staking, and more.
- Allows deposits and withdrawals in Kazakhstani tenge (KZT).
- Offers two-factor authentication (2FA) and insurance funds for user protection
Cons
- Advanced features may overwhelm new users.
- Fees can add up for smaller transactions without using Binance’s native token (BNB).
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: Vary with each cryptocurrency
- Payment Methods: Credit/debit cards and bank transfers.
Bybit: Best for Leverage and Derivatives Trading
Bybit, a globally recognized cryptocurrency exchange, has made significant inroads into Kazakhstan’s growing crypto market. Known for its focus on derivatives trading and cutting-edge features, Bybit aims to cater to both novice and experienced traders.
Bybit is renowned for its derivatives market, offering perpetual contracts with leverage options of up to 200x. Beginners can follow and replicate the strategies of experienced traders.
Bybit offers you a free demo trading feature, allowing you to practice trading without risking real funds.
Bybit supports multiple fiat currencies, including the Kazakhstani tenge (KZT), enabling seamless deposits and withdrawals. Bybit offers 24/7 support in multiple languages, including Russian, to cater to Kazakhstan’s diverse user base.
Pros
- Easy-to-use platform for both beginners and experienced traders.
- Offers up to 100x leverage for derivatives trading
- Includes perpetual contracts and staking options.
Cons
- ideal for inexperienced traders due to the risk of losses.
- Requires third-party services to deposit fiat currencies like KZT.
Fees and Deposit
- Trading Fee: Bybit charges a 0.1000% taker/maker fee for spot trading.
- Deposit Fees: Bybit offers free deposits.
- Withdraw Fee: Withdrawal fees on Bybit depend on the cryptocurrency being withdrawn. Each crypto has its own fee structure, so it’s essential to check the specific rates before initiating a withdrawal.
Upbit: Best for Security and Advanced Trading Tools
Upbit is a global cryptocurrency exchange that has gained a strong reputation for its secure platform, advanced trading tools, and large selection of cryptocurrencies.
With its entry into Kazakhstan, Upbit has made it easier for local users to trade digital assets safely and efficiently.
Upbit offers you access to hundreds of cryptocurrencies, including popular ones like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
You can trade cryptocurrencies directly with the Kazakhstani tenge (KZT), making deposits and withdrawals simple for local traders. Upbit supports multiple languages, including Russian, ensuring accessibility for users in Kazakhstan.
Pros
- Utilizes advanced encryption and partnerships with global security firms.
- Simple and intuitive for beginners.
- Operates under strict financial laws in its home country, offering transparency.
Cons
- Trading fees are higher than some competitors
Fees and Deposit
Trading Fee: 0.25% makers and takers
Deposit Fee: Upbit charges zero fees for deposit
Withdrawal Fee: Withdrawal Fee on Upbit depends on the cryptocurrency being withdrawn. Each crypto has its own fee. Upbit charges 0.0005 BTC per Bitcoin
Biteeu: Best for Local Fiat Support (KZT)
Biteeu is a secure, user-friendly cryptocurrency exchange that offers trading, storage, and management of digital assets. It was co-founded by a team of blockchain enthusiasts and financial experts with a vision to make crypto accessible and safe for everyone.
The platform is designed to cater to both beginner and professional traders. Biteeu employs military-grade encryption to protect user data. It uses cold wallets to store most funds offline, minimizing risks from cyberattacks. It enables you to buy crypto directly using fiat currencies, such as Kazakhstan’s tenge (KZT)
Biteeu offers professional-grade trading tools, including real-time charts, stop-loss orders, and margin trading. It provides round-the-clock support via live chat, email, and a detailed FAQ section to assist users.
Pros
- Operates under AIFC regulations, ensuring transparency and safety.
- Offers local fiat support
- Uses military-grade encryption and cold wallet storage
- Offers round-the-clock customer service.
Cons
- Lower trading volume compared to global exchanges.
- Supports fewer cryptocurrencies than major platforms.
- Lacks advanced trading tools like derivatives.
Fees and Deposit
Trading Fees: 0.1% maker and 0.05% taker
Deposit Fees: Deposit fees are usually free
Withdrawal Fees: Biteeu withdrawal fees depend on the cryptocurrency being withdrawn
Factors to Consider when Choosing a Crypto Exchanges in Kazakhstan
With the increasing popularity of cryptocurrency in Kazakhstan, many people are turning to crypto exchanges to buy, sell, and trade digital currencies.
However, choosing the right exchange can be tricky, especially with so many options available. To help you make an informed decision, here are the key factors you should consider when selecting a crypto exchange in Kazakhstan.
Security
One of the most important things to check is how safe the exchange is. Cryptocurrency exchanges can be targets for hackers, so it’s essential to choose a platform with strong security features.
UEEx offers the following security measures to ensure your funds and personal information are safe
- Two-factor authentication (2FA): This adds an extra layer of security by requiring you to confirm your identity using a second method (like a phone app).
- Cold Wallet Storage: This means the exchange keeps most of the cryptocurrencies offline, making it harder for hackers to access them.
- Proof of Reserve: Serves as a transparency and security feature, helping to build trust with users
Exchange | Security Feature |
UEEx | Distributed cold storage, Access control with IP and wallet whitelisting, Proof of Reserve, Unique sending addresses, Two-factor authentication, and regular updates to wallet software. |
Binance | Offline cold storage, two-factor authentication, multi-signature and threshold signature scheme |
Bybit | Cold storage, SSL encryption, two-factor authentication, real-time monitoring, YubiKey authentication, passkey, anti-phishing code, and new address withdrawal lock |
Upbit | Implements advanced encryption and partners with BitGo for secure wallet management |
Biteeu | Employs military-grade encryption to protect user data. It uses cold wallets to store most funds offline |
Supported Cryptocurrencies
Not all exchanges offer the same selection of cryptocurrencies. Depending on which digital currencies you want to trade, check if the exchange supports them. UEEx for example supports over 200+ Cryptocurrency.
Exchange | Supported Cryptocurrencies |
UEEx | 200+ |
Binance | 300+ |
Bybit | 300+ |
Upbit | 100+ |
Biteeu | 300+ |
Fees
Different exchanges have different fee structures, and these can affect how much profit you make from trading. Always check the fee details before choosing an exchange. Some exchanges offer lower fees than others.
Compare fees across different platforms to find the best deal. UEEx offers a competitive fee of 0.09% spot trading and 0.10% margin trading, this is an ideal fee when compared to other exchanges that charge very high fees for trading.
Exchange | Trading Fee | Deposit | Withdrawal Fee |
UEEx | Spot Trading: 0.09% Futures Trading: 0.05% Margin Trading: 0.08 % – 0.10% Stock Trading: 1.50% | Free | Vary by cryptocurrency. Charges 1USDT on both TRC20 and BSC network to withdraw USDT |
Binance | 0.1000% / 0.1000% Maker / Taker for Spot and margin Futures Trading Fees: 0.0200% Maker / 0.0500% Taker(fees reduce as users climb the VIP levels) | Free for cryptocurrencies. Fees for fiat deposits vary depending on the chosen payment method and currency. | Varies by Crypto |
Bybit | Spot Trading: 0.1000% / 0.1000% taker/maker fee Perpetual & Futures Trading: 0.0550% / 0.0200% taker/maker fee) Fiat Trading Fee: Vary as the level increases | Free | Varies |
Upbit | 0.25% makers and takers | Free | Varies |
Biteeu | 0.1% maker and 0.05%Taker | Free | Varies |
Regulation and Compliance
It’s important to choose a regulated exchange, especially in Kazakhstan, where crypto regulations are evolving. A regulated exchange will follow local laws and offer greater transparency and security.
Customer Support
If you run into any issues, it’s essential to have good customer support that can help you quickly resolve any problems. You may want to check out exchanges like UEEx that offers 24/7 support: This ensures that help is available whenever you need it.
Reputation
Before you sign up for an exchange, it’s always a good idea to research its reputation. You can do this by reading user reviews, looking at feedback on social media, or checking cryptocurrency forums.
How To Trade with UEEx in Kazakhstan
To get started with trading on UEEx in Kazakhstan, follow these easy 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
- Click Trade next to the asset you want to trade.
- Select an order type:
- Market Order: Instantly buys or sells at the current market price.
- Limit Order: Lets you set a specific price for buying or selling.
- Enter the amount of cryptocurrency you want to buy or the fiat amount you want to spend.
- 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 cryptocurrencies legal in Kazakhstan?
Yes, cryptocurrency is legal in Kazakhstan. The country has become increasingly supportive of digital currencies and blockchain technology. In fact, Kazakhstan is one of the few countries in Central Asia that has established clear regulations regarding the use of cryptocurrencies.
Kazakhstan has become a major hub for cryptocurrency mining due to its relatively low energy costs. The government has allowed cryptocurrency mining businesses to operate legally, though they must follow certain regulations and pay taxes.
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Conclusion
Choosing the best crypto exchange in Kazakhstan depends on your needs and experience level. Whether you’re looking for a platform with a wide range of cryptocurrencies, low fees, or strong security, there are options to fit every type of trader.
UEEx is a solid choice and lets users trade both cryptocurrencies and stocks, making it easier to spread their investments. It is ideal for both new and experienced traders. The platform is focused on security, keeping 97% of funds offline and using strong encryption.
Binance and Bybit are great for more experienced traders seeking advanced features.
Before selecting an exchange, consider factors like the range of cryptocurrencies, fees, security, and available payment methods. Always make sure the platform is safe and fits your trading needs. With the right exchange, you can start your cryptocurrency journey confidently and securely.
FAQs
The best crypto exchange depends on your needs. For example, UEEx offers unique trading features, a UE coin miner app, and a competitive trading Fee. Binance offers a wide range of cryptocurrencies, while Bybit is best for trading with leverage. Biteeu and ATAIX are great for local support with Kazakhstani tenge (KZT).
Yes, some exchanges support deposits and withdrawals in Kazakhstani tenge (KZT), making it easy for locals to trade using their national currency.
Look for exchanges with strong security features, such as two-factor authentication (2FA), cold storage, and proof of reserve. UEEx is well known for these security measures which protect users.
Fees vary by exchange, but exchanges like IEEx are known for having low competitive fees when compared to other exchanges with relatively high fees. Always check the fee structure on the exchange before trading.