Cryptocurrency operations are very poor in Nepal because of the government’s ban on crypto trading. Despite this, Nepalese interested in crypto continue to explore digital currencies, leveraging peer-to-peer platforms and international exchanges to trade and invest.
This has made finding reliable and secure crypto exchanges a vital concern for those looking to stay active in the market.
Considering the risks of scams, high fees, and limited services, one can’t be too careful when choosing a crypto exchange. That’s where we come in, as we’ll guide you through the best crypto exchanges available for users in Nepal.
Key Takeaways
- Cryptocurrency exchanges are illegal in Nepal due to government restrictions and potential penalties for violators.
- Starting with UEEx involves creating an account, depositing funds, and choosing the right order type for trading.
- When choosing a crypto exchange, key factors include fees, payment methods, security, and customer support.
- Despite the ban, Nepalese users actively trade through reliable international platforms, making the proper exchange selection crucial.
Top Crypto Exchanges in Nepal
| Exchange | Trading Fees | Best For | Max Leverage | Available Assets | Fiat Support–Nepalese Rupee (NRP) | Security Features | Unique Features |
| UEEx | Spot Trading: 0.09% Futures Trading: 0.05% Margin Trading: 0.08 %-0.10% Stock Trading: 1.50% | Best Overall | 200x | 300+ | No | 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 |
| SpectroCoin | Charged when you fill an order. | Wide Variety of Payment Method | N/A | 50+ | No | Two-factor authentication | Feature to link assets to a dedicated IBAN Crypto-backed loans Secure multi-currency wallet |
| Binance | Trading Fees: 0.1000% / 0.1000% Maker / Taker for Spot and margin Futures Trading Fees: 0.0200% Maker / 0.0500% Taker (Fees may vary as the level increases) | Beginners and Experienced Traders | 125x | 350+ | No | Offline cold storage, two-factor authentication, multi-signature and threshold signature schemes (TSS) and Advanced Data Encryption | Trading bot Educational resources from Binance Academy Has a very high trading volume |
| Exmo | Simple and Margin Trade: 0.1% taker/maker for BTC Crypto/Crypto Trade: -0.017% maker, 0.02% taker) Crypto/USDT Trade: -0.033% maker, 0.04% taker Crypto/Fiat Trade: -0.05% maker, 0.06% taker (All advanced trades are volume incentives) | Convenience and Intuitive Interface | 50x | 63+ | No | Anti-Money Laundering and Counter-Terrorism Financing policies KYC | OTC desk for large transactions Staking |
| Changelly | 0.25% for crypto exchanges | Great Exchange Rate | N/A | 700+ | No | KYC | Better rates and discounts for first-time users Integrates with trusted wallets like Exodus, Ledger, and Trezor for secure transactions. |
| Gate.io | Spot Trading: 0.09% / 0.09% maker/taker Futures Trading: 0.020% / 0.048% maker/taker | Diverse Trading Options | 100x | 3500+ | No | 100% proof of reserves CAPTCHA Cold/hot wallet separation storage solution | Educational resources via Gate Learn Airdrop listings via Gate Startup Copy trading and trading bots Web3 solutions |
UEEx – Best Overall
As Nepal’s best overall crypto exchange, UEEx offers a user-friendly and reliable trading experience tailored to your needs. Launched in December 2020, it has grown into a trusted platform with over 1 million users, 230+ trading pairs, and support for 300+ cryptocurrencies.
You can buy BTC, ETH, or USDT effortlessly using Apple Pay, Visa, and more, with 10+ fiat currencies, including USD, JPY, and KRW.
UEEx ensures top-tier security with advanced measures like address obfuscation and proof-of-reserve reports. Competitive fees, demo trading, and copy trading tools make it ideal for both beginners and experienced traders. You can also download the UEEx app to trade anytime, anywhere, with confidence.
Pros
- Supports multiple payment methods, including Apple Pay, Visa, bank transfer, and credit/debit cards.
- Offers trading in over 10 fiat currencies with flexible deposit options.
- Provides competitive trading fees with a flat rate of 0.05% and VIP benefits.
- Ensures user privacy through unique deposit and trading addresses, with up to 2,000 unique addresses.
- Features diverse product options such as spot trading, contract transactions, and super leverage trading.
- Enables advanced strategies like copy trading, strategy trading, and mortgage lending.
- Facilitates stock trading alongside crypto transactions for a versatile portfolio.
- Offers 24/7 customer service via online chat or email support.
- Guarantees 100% compensation for client funds lost due to security breaches or technical issues
Cons
- A wide variety of services may be challenging for new users to navigate effectively.
- High leverage options, up to 200x, can result in substantial financial losses if not managed carefully.
- Limited educational resources could make it harder for inexperienced traders to get started confidently.
Fees and Deposits
- 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.
- Payment Methods: Multiple options are available including Apple Pay, Visa, bank transfer, and credit/debit cards.
SpectroCoin – Best Exchange With Wide Variety of Payment Method
Trading cryptocurrencies in Nepal can be a challenge, but SpectroCoin makes it easier with its user-friendly platform and a wide range of payment methods. Whether you’re using Skrill, credit or debit cards, or SEPA bank transfers, SpectroCoin ensures your transactions are quick and convenient.
Launched in 2013, with over 50 supported cryptocurrencies, a secure multi-currency wallet, and the option to link your assets to a dedicated IBAN, you can manage your digital currencies with ease.
The platform also offers crypto-backed loans, allowing you to borrow funds using your crypto holdings. SpectroCoin’s 24/7 customer support ensures you’re never left without help, making it one of the best choices for users in Nepal.
Pros
- Protects digital assets with robust two-factor authentication security protocols.
- Offers crypto-backed loans with instant payouts to bank accounts or blockchain wallets.
- Provides 24/7 customer support for uninterrupted assistance.
- Supports free deposits and withdrawals via SEPA bank transfers.
- Includes mobile top-ups for seamless local currency transactions.
- Features a user-friendly mobile app available on Google Play and App Store.
- Rewards users through an affiliate program, earning up to 10% from referral fees.
Cons
- Lacks support for leverage trading, limiting options for advanced traders.
- Charges high fees for credit and debit card deposits and withdrawals.
- Offers limited advanced trading tools for professional users.
Fees and Deposits
- Trading Fees: Charged when you fill an order.
- Deposit Fee: Free for SEPA bank transfer, 2.99% fee on credit/debit cards and 5.50% for Skrill.
- Withdrawal Fee: Free for SEPA bank transfer, 4.00% for Skrill and 2.00% for mobile top-ups for local currencies.
- Payment Methods: SEPA bank transfers, Credit/debit cards, Skrill
Binance – Best Crypto Exchange for Beginners and Experienced Traders
Traders who value flexibility and choice will appreciate Binance, one of the largest crypto exchanges globally. With access to over 350 cryptocurrencies and support for 50+ fiat currencies like USD and EUR, Binance offers tools for all trading levels.
From basic spot trading to margin and P2P options, it caters to both beginners and seasoned traders in Nepal. You can easily fund your account using a bank transfer or credit/debit card. Binance also provides learning resources through Binance Academy and ensures security and 24/7 multilingual support for a reliable trading experience.
Pros
- Offers P2P trading with bank transfer and over 800 payment options.
- Includes advanced trading bots for automated and efficient strategies.
- Supports copy trading to follow and learn from top traders.
- Accepts payments via credit/debit cards and bank transfers.
- Features Binance Academy and Research for comprehensive cryptocurrency education.
- Ensures high liquidity due to its large trading volume.
- Delivers 24/7 multilingual customer support in over 40 languages.
Cons
- Operates under regulatory challenges in several regions.
- Withdrawal fees are relatively higher compared to certain other platforms.
Fees and Deposits
- Spot and Margin Trading Fees: 0.1000% / 0.1000% Maker / Taker for(Fees may vary as the level increases). Users who pay fees with Binance Coin (BNB) enjoy a 25% discount on trading fees.
- Futures Trading Fees: 0.0200% Maker / 0.0500% Taker(fees reduce as users climb the VIP levels). Paying fees with BNB grants users an additional 10% discount.
- 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.
Exmo – Best Exchange With Convenience and Intuitive Interface
EXMO.me is a reliable and straightforward cryptocurrency exchange platform that has been serving users since 2014. With over 2.5 million registered traders, it allows you to trade more than 63 cryptocurrencies, 3 fiat currencies (RUB, KZT, USDX), and 173 currency pairs.
Whether you’re holding assets in its multicurrency wallet or leveraging features like margin trading up to 50x, EXMO ensures a smooth trading experience.
The platform offers tools like staking for extra income, an OTC desk for large transactions, and a VIP service tailored to enterprise clients. With an easy-to-use interface, real-time updates, and 24/7 customer support, EXMO.me is a convenient choice for traders in Nepal.
Pros
- Offers a multicurrency wallet and multiple trading options, including simple, advanced, and margin trading.
- Implements strict Anti-Money Laundering and Counter-Terrorism Financing policies and KYC for secure transactions.
- Supports margin trading with leverage of up to 50x for advanced traders.
- Provides 24/7 customer support with an average response time of less than 15 minutes.
- Accepts multiple payment systems, including Mastercard, Visa, Payeer, and Exmo Gift Cards.
- Features a mobile app with real-time market updates for on-the-go trading.
- Allows staking options to earn additional crypto income.
- Includes premium packages with commission discounts of up to 100%.
Cons
- Supports only three fiat currencies (RUB, KZT, USDX), limiting options for global traders.
- Restricted access to certain features without upgrading to premium packages.
- No mention of multilingual support, which may limit accessibility for non-English speakers.
Fees and Deposits
- Simple and Margin Trade: Vary by cryptocurrency (E.g 0.1% taker/maker for BTC)
- Crypto/Crypto Advanced Trade: -0.017% maker, 0.02% taker for 50,000,000+ trading volume (Vary by volume)
- Crypto/USDT Advanced Trade: -0.033% maker, 0.04% taker for 50,000,000+ trading volume (Vary by volume)
- Crypto/Fiat Advanced Trade: -0.05% maker, 0.06% taker for 50,000,000+ trading volume (Vary by volume)
- Exmo Premium: Vary by premium service purchased which include basic, standard, advanced and professional.
- Crypto Deposits: Free or vary by crypto
- Fiat Deposits: 4.5% for Visa/Mastercard, 6.99% for Payeer
- Crypto Withdrawals: Vary by crypto (0.0001 BTC for BTC withdrawal)
- Fiat Withdrawals: 4.99% and 0.99% through visa/mastercard and Payeer respectively.
- Payment Methods: Mastercard, Visa, Payeer, and Exmo Gift Cards.
Changelly – Best Crypto Exchange With a Great Exchange Rate
If you’re looking for a reliable crypto exchange in Nepal, Changelly is an excellent option. Operating since 2015, it supports over 500 altcoins and ensures secure crypto-to-crypto exchanges. With partnerships across 20+ trading platforms, Changelly consistently offers competitive rates, transferring funds directly to your wallet without storage on its platform.
Its transactions are quick, often completing within 5–40 minutes, and the 24/7 customer support is always ready to assist. Plus, the Changelly app provides better rates and exclusive discounts for first-time users, making it a smart choice for your crypto needs.
Pros
- Provides access to a wide selection of over 700 cryptocurrencies.
- Regularly updates its interface and features based on user feedback for an improved trading experience.
- Features a user-friendly mobile app for seamless trading on the go.
- Enables easy cryptocurrency purchases through Visa, MasterCard, SEPA transfers, and Apple Pay.
- Delivers 24/7 customer support through chat, email, and video guides.
- Charges low fees of up to 0.25% per exchange, making it a cost-efficient option for crypto trading.
- Implements strict KYC measures for high-volume transactions, boosting trust and security.
Cons
- Limited support for direct fiat-to-crypto trading.
- Users cannot set custom exchange rates or place limit orders, as the platform relies on aggregated rates from multiple sources.
- Primarily designed for instant swaps, it does not include advanced features.
Fees and Deposits
- Trading Fees: 0.25% on crypto exchanges
- Payment Methods: Visa, MasterCard, SEPA transfers, and Apple Pay
Gate.io – Best Crypto Exchange With Diverse Trading Options
With diverse trading options and over 3,500 cryptocurrencies listed, Gate.io is an excellent choice for crypto users in Nepal. Since 2013, Gate.io has earned trust through its strong track record, introducing 100% proof of reserves as early as 2015. The platform offers features like spot, margin, and leveraged ETF trading, allowing you to trade popular currencies such as BTC, ETH, and USDT.
Gate.io’s Startup Launchpad provides early access to promising crypto projects and airdrops, while its Copy Trading feature simplifies investment decisions by offering quality trading signals. With top-notch security measures, Web3 solutions, and educational resources via Gate Learn, this platform is a comprehensive and secure space for growing your crypto portfolio.
Pros
- Offers a competitive 14.95% Simple Earn APR on USDT for passive income.
- Implements 100% proof of reserves for enhanced transparency and trust.
- Provides Copy Trading with high-quality signals to simplify investment strategies.
- Supports decentralized wallets, cross-chain swapping, and multi-chain NFT trading through Web3 solutions.
- Protects users with advanced security measures, including Cloudflare Firewall Enterprise and CAPTCHA verification.
- Enables real-time interaction with other traders through live chat features.
- Supports multiple payment methods like Apple Pay, Google Pay, debit/credit cards, and SEPA for convenience.
- Facilitates peer-to-peer trading for secure and flexible transactions.
Cons
- Trading fees for certain features, such as leveraged ETFs, can be relatively high.
- Customer support response times can occasionally be slower during peak periods.
Fees and Deposits
- Spot Trading: 0.09% / 0.09% maker/taker
- Futures Trading: 0.020% / 0.048% maker/taker
- Interest Rate: 18.0% effective fee
- Deposit Fee: Free
- Withdrawal Fee: Vary by cryptocurrency.
- Payment Method: Apple Pay, Google Pay, debit/credit cards, and SEPA
Factors to Consider When Choosing a Crypto Exchange in Nepal
Here are essential factors you should consider before choosing an exchange to trade:
Trading Fees
| Exchange | Trading Fees |
| UEEx | Spot Trading: 0.09% Futures Trading: 0.05% Margin Trading: 0.08 %-0.10% Stock Trading: 1.50% |
| SpectroCoin | Charged when you fill an order. |
| Binance | 0.1000% / 0.1000% Maker / Taker for Spot and margin Futures Trading Fees: 0.0200% Maker / 0.0500% Taker (Fees may vary as the level increases) |
| Exmo | Simple and Margin Trade: 0.1% taker/maker for BTC Crypto/Crypto Trade: -0.017% maker, 0.02% taker) Crypto/USDT Trade: -0.033% maker, 0.04% taker Crypto/Fiat Trade: -0.05% maker, 0.06% taker (All advanced trades are volume incentives) |
| Changelly | 0.25% for crypto exchanges |
| Gate.io | Spot Trading: 0.09% / 0.09% maker/taker Futures Trading: 0.020% / 0.048% maker/taker |
Look for exchanges with transparent and low trading fees. For example, UEEx offers a 0.05% fee on futures trading, while some platforms, like SpectroCoin, charge when orders are filled which makes it less transparent.
Payment Methods
| Exchange | Fiat Support–Nepalese Rupee (NRP) | Payment Methods |
| UEEx | No | Apple Pay, Visa, bank transfer, and credit/debit cards. |
| SpectroCoin | No | SEPA bank transfers, Credit/debit cards, Skrill |
| Binance | No | Credit/debit cards and bank transfers. |
| Exmo | No | Mastercard, Visa, Payeer, and Exmo Gift Cards. |
| Changelly | No | Visa, MasterCard, SEPA transfers, and Apple Pay |
| Gate.io | No | Apple Pay, Google Pay, debit/credit cards, and SEPA |
Choose an exchange that supports convenient payment options like Apple Pay, Visa, credit/debit cards, or SEPA bank transfers. Platforms like SpectroCoin and UEEx provide multiple options, making deposits and withdrawals hassle-free.
Cryptocurrency Options
| Exchange | Available Assets |
| UEEx | 300+ |
| SpectroCoin | 50+ |
| Binance | 350+ |
| Exmo | 63+ |
| Changelly | 700+ |
| Gate.io | 3500+ |
The number of supported cryptocurrencies matters. UEEx supports 300+ options, while others, such as Exmo, offer fewer. Opt for an exchange with a wide selection to match your trading preferences.
Customer Support
Reliable customer service is crucial. Exchanges like UEEx provide 24/7 support via live chat or email, ensuring you get timely help when needed, which many competitors fail to deliver consistently.
Security Measures
| Exchange | Security Features |
| UEEx | 93% of users fund in cold storage Proof of Reserve $100 million Risk Mitigation Fund |
| SpectroCoin | Two-factor authentication |
| Binance | Offline cold storage, two-factor authentication, multi-signature and threshold signature schemes (TSS) and Advanced Data Encryption |
| Exmo | Anti-Money Laundering and Counter-Terrorism Financing policies KYC |
| Changelly | KYC |
| Gate.io | 100% proof of reserves CAPTCHA Cold/hot wallet separation storage solution |
Security is non-negotiable. UEEx stores 93% of users’ funds in cold storage with unique wallet addresses, while Gate.io uses 100% proof of reserves. Opt for exchanges that prioritize fund safety.
Features
| Exchange | Unique Features |
| UEEx | Copy trading Native token, UE Coin, boosts functionality through transactions 2000 unique wallet addresses |
| SpectroCoin | Feature to link assets to a dedicated IBAN Crypto-backed loans Secure multi-currency wallet |
| Binance | Trading bot Educational resources from Binance Academy Has a very high trading volume |
| Exmo | OTC desk for large transactions Staking |
| Changelly | Better rates and discounts for first-time users Integrates with trusted wallets like Exodus, Ledger, and Trezor for secure transactions. |
| Gate.io | Educational resources via Gate Learn Airdrop listings via Gate Startup Copy trading and trading bots Web3 solutions |
If you’re new to trading or want to simplify your strategy, choose platforms like Gate.io or UEEx that offer Copy Trading with high-quality signals to help grow your portfolio.
Regulatory Compliance and KYC
Ensure the exchange adheres to strict compliance measures like Anti-Money Laundering and Counter-Terrorism Financing policies. Exchanges like Exmo and Changelly implement KYC to provide secure and legal trading environments.
How to Start Trading on UEEx in Nepal
Follow these steps to start trading on UEEx in Nepal:
Open an Account
Go to the UEEx website and navigate to the top right corner of the homepage, where you’ll see the “Sign Up” button. Click on it. On the next page, fill in your details, including your phone number or email, a secure password, and an invitation code (if you have one) for commissions. Once done, click on “Sign Up.”
You’ll receive a verification code sent to your email or phone. Enter this code to confirm and activate your account. You’re now ready to start trading on UEEx!
Deposit Funds
To start trading immediately, go to the “Asset Management” section of the UEEx platform. In this section, find the “Recharge” option under your selected asset and choose the cryptocurrency or fiat option you prefer.
Follow the on-screen instructions to complete the deposit process. The time it takes for your deposit to clear will depend on the cryptocurrency or fiat currency you use, as well as the required block confirmations or deposit processing time. Once your funds are deposited, you’re all set to begin trading!
Start Trading
Now that you have successfully funded your account, it’s time to start trading. Simply click “Trade” next to your chosen asset. You’ll then need to choose an order type:
- Market Order: This option buys or sells immediately at the current market price.
- Limit Order: With this, you can set a specific price for buying or selling.
The next thing is to enter the amount of cryptocurrency you want to buy or the fiat currency you wish to spend. Once you’ve reviewed your order, click “Buy” or “Sell” to complete the transaction and start trading!
Are Crypto Exchanges Legal in Nepal?
Cryptocurrency exchanges are not legal in Nepal, as the government has imposed a strict ban on cryptocurrency trading and related activities. The Nepal Rastra Bank (NRB), the country’s central bank, has declared crypto transactions illegal under the Foreign Exchange Regulation Act, citing concerns over financial stability and fraud.
Violations can result in penalties or imprisonment. However, some Nepali users access crypto exchanges through peer-to-peer platforms or international services, despite the risks. Read more here.
Conclusion
You don’t have to panic because of the law restricting crypto trading in Nepal. With the right strategies, secure platforms, and global access options like UEEx, SpectroCoin, and Binance, you can still explore the crypto market effectively.
By prioritizing safety, transparency, and user-friendly features, you’ll stay ahead in your crypto journey while minimizing risks. Choose wisely, stay informed, and make your trading experience as seamless as possible.
Frequently Asked Questions
Is Bybit Legal in Nepal?
No, Bybit and other cryptocurrency exchanges are illegal in Nepal, as the government has banned cryptocurrency trading and related activities.
Is Binance Available in Nepal?
Yes, Binance is available in Nepal, but users must access it cautiously due to the government ban on cryptocurrency trading, which makes such activities illegal in the country.
Where To Buy Crypto in Nepal?
UEEx website, register an account, and deposit funds via supported methods like Apple Pay or bank transfer to start buying crypto in Nepal. You can trade a variety of cryptocurrencies securely through their platform.
