The State Bank of Pakistan (SBP) recently proposed a groundbreaking framework to recognize digital assets, including cryptocurrency, as legal tender in the country.
If approved, the plan would allow the SBP to issue a digital currency, potentially leading to a central bank digital currency for Pakistan.
On the bright side, this marks a significant move from the SBP’s previous cautious stance on virtual currencies. With cryptocurrency adoption multiplying, Pakistan will have 27.10 million crypto users this year.
This user surge enumerates the growing number of traders and investors in Pakistan, creating a need for individuals to be more informed about the best available exchanges.
If you’re looking for the top crypto exchanges in Pakistan, whether you’re a beginner or an experienced trader, this guide will help you with your options.
Top Cryptocurrency Exchanges in Pakistan
Exchange | Trading Fees | Best For | Max Leverage | Available Asset | Fiat Support | Security Features | Unique Features |
| UEEx | 0.09% Maker/Taker (spot);0.10% Maker/Taker (margin) | Beginners seeking a simple and secure platform | 200x | 300+ cryptocurrencies | USD, EURCAD | Two-factor authentication (2FA), Distributed cold storage, Multifactor logins, SSL encryption, Proof-of-reserves (PoR) | Copy trading, Fiat currency, support, Customer support, Flexible crypto loans, Zero deposit fees |
| Binance | 0.1% Maker/Taker fees (for spot and margin trading); discounts available for BNB holders. | Experienced traders and a wide asset variety | 125x leverage | 500+ | PKR, USD, EUR | Two-factor authentication (2FA), Cold storage, Anti-phishing, Insurance fund | Global liquidity, broad crypto asset availability, advanced trading tools |
| OKX | 0.08% maker and 0.1% taker fee | Professional traders and NFT enthusiasts | 125x | 300+ | USD, EUR | Anti-phishing email codeBiometrics on mobile devices24-hour lock timer | P2P tradingNFT marketplace |
| KuCoin | Maker/Taker Fees:Lowest: 0.00% / 0.04%Highest: 0.08% / 0.08% | Best suited for experienced and advanced traders. | 125x | Bitcoin, Ethereum, Solana, Shiba Inu, and others | KuCoin does not support fiat deposits themselves but relies on third-party payment processors | Two-factor authentication (2FA), Anti-phishing, Cold storage | Advanced trading features, staking options, and a wide range of altcoins |
| Bitget | 0.10% (Maker) / 0.10% (Taker) | Derivatives trading and copy trading | 125x | Bitcoin, Ethereum, Cardano, Polkadot, and more | USD, EUR, and more | Two-factor authentication (2FA), Cold storage, Anti-phishing | High leverage for derivatives copy trading feature for beginners |
| Godex | USDTMaker / Taker 0.0200%/0.05 | Anonymous and fast transactions | N/A | Bitcoin, Ethereum, Dogecoin, and other popular cryptos | PKR, USD, EUR | SSL encryption, No KYC for transactions | Privacy-focused, fast, and anonymous exchange for users who prefer fixed rates |
| Changelly | a flat fee of 0.5% per trade. | Quick, simple, and instant exchanges | 100x on futures25x on margin trading | Bitcoin, Ethereum, Ripple, and 170+ cryptos | PKR, USD, EUR | Instant swaps with fixed rates, support buying with a credit card | Instant swaps with fixed rates, support buying with a credit card |
1. UEEx-Best Overall
Source: UEEx
Summary: UEEx is a secure crypto and stock trading platform with 200+ assets, low fees, and a great mobile app.
UEEx is a security-focused crypto exchange that also offers stock trading. The exchange is known for its efficient security, it stores 93% of user assets in cold wallets and uses advanced encryption for protection. With over 300 digital assets available, it’s ideal for both beginners and experienced traders.
For Pakistani traders, UEEx provides several unique advantages. If you’re just starting, the copy trading feature allows you to replicate successful strategies, helping you gain momentum quickly in the competitive crypto market. On the other hand, seasoned traders can take advantage of leverage options to maximize their profits.
In addition, the mobile app provides a smoother experience than the website, making trading more seamless, especially for those on the go. In addition, UEEx’s competitive fees make it a cost-effective choice for Pakistani traders, while flexible payment methods make deposits and withdrawals simple.
The platform also enhances privacy with up to 2,000 unique addresses, adding an extra layer of security for traders. Combining efficiency, security, and affordability, UEEx helps Pakistani traders thrive in the global digital economy, making it an excellent choice for anyone looking to enter or expand.
Pros
- High security with cold storage and advanced encryption
- Supports 300+ Cryptocurrencies
- No deposit fees
- Multilingual support
- Mobile app performance surpasses the website
- Ability to trade both crypto and stocks
- 2000 unique addresses per user for enhanced privacy
Cons
- A relatively new platform, established in 2021.
- The wide range of services may be overwhelming for beginners.
- Leverage trading of up to 200x presents significant financial risks.
Fees and Deposits
- Trading fee: 0.09 flat rate
- Deposit fee: None
2. Binance – Best for Beginner
Traders in Pakistan benefit from exceptional liquidity and an impressive average daily trading volume exceeding $50 billion. The platform supports various trading options, including spot, futures, margin, and peer-to-peer (P2P), with leverage of up to 125x.
For those seeking more advanced tools, Binance offers automated trading bots and a robust API, which are ideal for institutional traders or those engaged in high-frequency trading. Even if you’re not focused on trading, Binance provides various learning opportunities through Binance Academy, access to new token projects via its launchpad, and the chance to earn passive income by staking your crypto.
Binance combines liquidity, diverse trading options, and advanced tools, making it an excellent choice for Pakistani traders looking to navigate the global crypto market with ease and flexibility.
Pros:
- Offers over 500+ cryptocurrencies for trading.
- Competitive trading fees, with discounts for BNB token holders.
- Includes futures, margin trading, staking, and yield farming.
- Operates in many countries worldwide.
- Two-factor authentication and insurance fund for users.
Cons:
- Overwhelming for beginners because of its complex user interface.
- Faces scrutiny from some global regulators.
- Several mixed reviews about response times.
- Fewer fiat deposit methods in some regions.
Fees:
- Basic trading fees start at 0.1% with BNB discounts
- Deposit is free for most cryptos, and varies for fiat
- Withdrawal varies by cryptocurrency
- Futures trading starts at 0.05% and can go as low as 0.017%.
3. OKX
Summary: OKX is a global exchange known for its user-friendly interface and comprehensive trading options, including margin trading and decentralized finance (DeFi) services.
OKX is a comprehensive crypto platform that offers a wide range of decentralized finance (DeFi) products, including staking, yield farming, and access to decentralized exchanges (DEXs). Along with these, it supports both spot and futures trading, with more than 350 cryptocurrencies available.
The platform’s user-friendly interface, available in multiple languages including Urdu, makes it accessible to a diverse audience, especially Pakistani users who can deposit in PKR through bank transfers or credit/debit cards.
OKX is also deeply involved in the Web3 ecosystem. It provides tools for building decentralized applications (dApps) and engaging with decentralized autonomous organizations (DAOs).
Additionally, users can explore its native NFT marketplace, earn passive income through on-chain staking, and make use of the OKB Coin token and crypto wallet for added convenience. Interestingly, the exchange also offers referral and affiliate programs from which to earn money.
Pros:
- Wide range of DeFi products like staking and yield farming
- Intuitive interface with support for Urdu
- Over 300 cryptocurrencies available for trading
- Tools for dApp development and DAO participation
- NFT marketplace and staking for passive income
- Supports PKR deposits via bank transfers and cards
Cons:
- Fees may add up for high-volume traders
- Some advanced features could be overwhelming for beginners
- Limited availability in countries outside Pakistan and Hong Kong
Fees:
- Entry-level traders will experience 0.08% maker and 0.1% taker fee
- Deposit fees: Free for PKR deposits via bank transfer or card
4. KuCoin
Summary: KuCoin is a crypto platform known for its high staking rewards, a wide range of trading services, and features like crypto lending and an NFT marketplace.
KuCoin has gained popularity among Pakistani traders for its impressive staking rewards and diverse trading options. With access to over 700 digital assets, the platform supports spot trading, margin trading, and futures, offering flexibility for both beginners and seasoned traders.
One of KuCoin’s standout features is its high staking rewards, with returns of up to 240% APY on select cryptocurrencies. Whether you prefer fixed or flexible staking, there’s an option to suit your financial goals.
Beyond staking, KuCoin enhances the trading experience with its peer-to-peer (P2P) marketplace, making it easier for Pakistani users to buy and sell crypto directly. The platform also offers crypto lending services, a launchpad for discovering new token projects, and an integrated NFT marketplace where users can buy, sell, and trade thousands of NFTs.
With its combination of high rewards, diverse features, and user-friendly tools, KuCoin is an excellent choice for Pakistani traders looking to grow their portfolios and explore new opportunities in the global crypto market.
Pros:
- Over 700 cryptocurrencies available for trading
- Variety of services including peer-to-peer marketplace and crypto lending
- Access to a launchpad for new tokens
- NFT marketplace for trading digital assets
- Supports PKR deposits via bank transfers, digital wallets, and cards
Cons:
- Spot trading fees may add up for frequent traders
- Variable maker/taker fees for derivatives could be complex for some users
- Some advanced features might be challenging for beginners
Fees:
- Spot trading fee: 0.1%
- Maker/taker fees for derivatives: Variable
- Deposit fees: Free for most deposit methods
5. Bitget
Summary: Bitget is a user-friendly crypto exchange in Pakistan offering advanced technology, PKR support, Islamic trading accounts, and educational resources in Urdu.
Launched in 2018, Bitget is a prominent crypto exchange quickly becoming a key player in Pakistan’s growing market. The platform offers a user-friendly trading experience, designed for local investors with advanced technology and a wide range of digital assets.
One reason you might consider Bitget in Pakistan is its user-friendly interface, perfect for both beginners and experienced traders. The exchange also supports Pakistani Rupees (PKR) for deposits and withdrawals, eliminating the hassle of currency conversions and simplifying trading.
Additionally, Bitget complies with Pakistani regulations, ensuring a secure and transparent trading experience. The platform also provides Islamic trading accounts, offering Shariah-compliant options for those who follow Islamic finance principles. Plus, educational resources in Urdu and responsive customer support make it even more accessible.
Pros:
- Supports over 550+ cryptocurrencies
- Easy PKR deposits/withdrawals
- Shariah-compliant Islamic trading accounts
- AI-powered trading signals
- Urdu-language support
- Responsive customer service
Cons:
- Limited to certain cryptocurrencies
- May have higher fees on some transactions
Fees:
- 0.1% for both maker and taker fees on spot trading
- 0.02% maker fee, 0.05% taker fee on futures trading
- Withdrawal fees vary by cryptocurrency, and staking has no fees, except for a small charge on earnings.
6. Godex.io
Summary: Godex.io is an anonymous, no-registration crypto exchange supporting 300+ coins with fast swaps and 24/7 support.
Godex.io is an easy-to-use cryptocurrency exchange that prioritizes privacy, security, and speed—making it an excellent choice for traders in Pakistan. The platform allows you to swap over 300 coins without creating an account or sharing personal information. There are no exchange limits, except for the minimum transaction amount required for processing.
With fully automated processes, Godex eliminates the risk of human error and ensures smooth, hassle-free transactions. Pakistani users will appreciate the 24/7 customer support available to answer any questions or resolve issues quickly.
Additionally, Godex offers a rewarding affiliate program, including a 0.005 BTC welcome bonus and up to 0.6% revenue share, creating opportunities to earn extra income.
Transactions on Godex are fast, efficient, and free of hidden fees or complicated steps. Designed for simplicity, the platform is ideal for both beginners and experienced traders looking for a secure and seamless way to exchange cryptocurrencies.
Pros:
- Easy-to-use interface with no need for registration
- Supports over 300 cryptocurrencies
- No exchange limits (except for minimum transaction amount)
- Fully automatic system with no human error
- 24/7 customer support
- No hidden fees
- Great affiliate program with a 0.005 BTC welcome bonus
Cons:
- Limited to cryptocurrency swaps (no fiat support)
- No account creation means no transaction history or account management features
Fees:
- Regular users: USDTMaker / Taker 0.0200%/0.05
7. Changelly
Source: Changelly
Summary: Changelly is a crypto exchange platform in Pakistan that offers quick, account-free transactions at competitive rates.
Changelly is a fast and easy platform for users in Pakistan to exchange cryptocurrencies without needing to create an account or undergo lengthy verification processes. It supports a wide range of cryptocurrencies, making it a great option for those looking to diversify their portfolio or trade between different assets.
The process is simple: choose the coins you want to exchange, enter the amount, and provide your wallet address. Changelly will find the best available exchange rate and complete the transaction swiftly.
Pros:
- Simple, user-friendly interface
- No account is required for fast exchanges
- Competitive exchange rates
- Users maintain full control of their funds
Cons:
- Not regulated in Pakistan
- Limited customer support options
Fees:
- Trading Fees: Typically around 0.25%, depending on the pair
- No deposit or withdrawal fees
Why Use a Crypto Exchange in Pakistan?
Source: Freepik
Crypto exchanges have become key platforms for Pakistanis to trade digital assets, offering a secure and regulated space for buying, selling, and exchanging cryptocurrencies. Here are a few things to know before using exchanges in Pakistan:
Trustworthy and Regulated Platforms
Reputable crypto exchanges in Pakistan comply with local regulations, ensuring that your transactions are secure and meet national financial guidelines. This gives you the confidence that your trades are protected and trustworthy.
Easy Access and User-Friendly Interface
These exchanges provide intuitive platforms and mobile apps, allowing you to easily navigate the crypto market and manage your assets on the go. Whether you’re at home or out, you have full control of your portfolio.
Wide Selection of Cryptocurrencies
Many exchanges in Pakistan offer a broad range of digital currencies, allowing you to diversify your portfolio beyond just Bitcoin. This flexibility opens up more opportunities for you to explore and grow your investments.
Support for Pakistani Rupees
Crypto exchanges in Pakistan also support seamless integration with local banking systems, enabling you to deposit and withdraw funds in Pakistani rupees. This makes the transaction process more straightforward and convenient.
Added Features and Services
Beyond basic trading, many exchanges offer features such as staking, earning rewards on your crypto holdings, and accessing decentralized finance (DeFi) solutions. These extra services enhance your experience and offer additional ways to grow your assets.
Factors to Consider When Choosing a Cryptocurrency Exchange in Pakistan
Source: freepik
Regulatory Compliance
Make sure the platform adheres to both global and local financial regulations, especially as Pakistan’s cryptocurrency regulations evolve. For example, if you choose UEEx it adheres to local regulatory compliance, ensuring all cryptocurrency activities align with Pakistan’s laws and regulations.
Using a regulated exchange ensures your assets are handled securely and reduces the risk of legal complications.
Security
| Exchange | Insurance | Cold Storage % | Regulatory Status | Security Features |
| UEEx | Yes | 93% | Licensed | Two-factor authentication (2FA), Distributed cold storage, Multifactor logins, and SSL encryption, Proof-of-reserves (PoR |
| OKX | Yes | 95% | Licensed | 2fA, Proof of Reserves, Cold Storage |
| Binance | SAFU | 90% | FSMA registered | Advanced API permissions, Hardware 2FA |
| KuCoin | Yes | Not- Disclosed | Regional regulation | Email log-in verifications, 2FA, Cold storage, IP restrictions |
| Changelly | N0 | N/A | Unregulated exchange with no KYC | 2FA, account whitelisting, and email confirmations. |
| Bitget | Yes | Not-Disclosed | Licensed | Cold storage, Two-factor authentication, P2P Shield |
| Godex | No | Not-Disclosed | Licensed | Uses blockchain technology, |
Choosing exchanges like UEEx, which prioritize security with features such as two-factor authentication (2FA), over 93% of funds stored in cold wallets, and a promise of 100% repayment for clients’ funds lost due to security breaches, technology glitches, or insufficient liquidity, ensures your assets are well-protected.
Fees
| Exchange | Spot Trading | Futures Trading | Deposit Fee (EUR) |
| UEEx | 0.09% | 0.05% | Zero |
| Binance | Maker/taker fees vary (0.1% or lower); discounts for BNB holders | 0.02-0.04% | Varies by coin/token and payment method |
| OKX | 0.08% | 0.08%- 0.10% | Zero |
Look for clear and transparent fee structures that fit your trading patterns and volume. Excessive fees can cut into your returns, so it’s crucial to understand both the trading and withdrawal fees before making a decision.
Interestingly, UEEx offers free crypto deposits and withdrawals for internal transfers, making it an appealing option for users who frequently move funds within the platform. In comparison, exchanges like Binance provide discounts for using BNB.
Max Leverage
When choosing a crypto exchange, it’s important to understand the leverage options available to match your risk tolerance. For example, exchanges like Binance offer up to 125x leverage, while UEEx offers up to 200x leverage.
However, it is important to say that, higher leverage can lead to bigger profits, but it also means greater risk. The more leverage you use, the faster you can lose your position if the market moves against you, so always pick leverage that you’re comfortable with.
| Exchange | Maximum Leverage |
| UEEx | 200x |
| OKX | 125x |
| Binance | 125x |
| KuCoin | 125x |
| Changelly | 100x on futures; 25x on margin |
| Bitget | 125x |
| Godex | N/A |
Local Support
Additionally, consider exchanges that offer local features like peer-to-peer (P2P) trading and support for Pakistani Rupees (PKR) for deposits and withdrawals. Binance and Coinbase support P2P trading in multiple countries, including Pakistan, and offer seamless transactions in PKR. This makes it easier for local users to trade and manage their assets in their native currency.
User Experience
Pick exchanges that offer user-friendly interfaces, efficient transaction processes, and responsive customer support. For example, UEEx offers a clean interface and fast processing of transactions, making it a good choice for beginners.
OKX provides easy navigation and excellent customer support, which helps resolve any issues quickly. A well-designed platform can improve your trading experience, particularly if you’re new to cryptocurrency.
Customer Support
When selecting a cryptocurrency exchange in Pakistan, it’s crucial to choose one that offers responsive and helpful customer support to assist with any issues or queries. For instance, UEEx provides customer support primarily through live chat and email, offering multilingual assistance in languages.
Therefore, it’s essential to consider the quality and responsiveness of customer support when choosing an exchange. Being able to reach customer support promptly can enhance your experience and help avoid exposure to fraudulent activities.
Payment Methods
Consider the payment methods available on the exchange and whether they suit your preferences. Many Pakistani exchanges such as UEEx, support local bank transfers and other convenient payment options for seamless deposits and withdrawals
How to Trade with UEEx in Pakistan
Getting started with trading on UEEx in Pakistan is easy. Just follow these steps:
1. Set Up Your Account
Head to the UEEx website and click “Sign Up” at the top. You’ll need to:
- Enter your email or phone number, along with the country code.
- Create a secure, unique password for your account.
- If you have an invitation code, use it to earn a commission.
After signing up, you’ll receive a verification code via email or SMS. Enter it to verify and activate your account.
2. Fund Your Account
Once your account is active, it’s time to deposit funds:
- Go to the “Asset Management” section.
- Choose between depositing cryptocurrency or fiat currency.
- Under “Recharge,” select your preferred payment method.
- Follow the instructions on-screen to complete the deposit.
Protip: Remember, deposit times can vary—crypto deposits depend on block confirmations, while fiat deposits rely on bank processing times.
3. Purchase Cryptocurrency
Once your account is funded, you can start trading:
- Click “Trade” next to the cryptocurrency you wish to buy.
- Choose your order type:
- Market Order: Executes the buy or sell at the current market price.
- Limit Order: Let you set a specific price for buying or selling.
- Enter the amount of cryptocurrency you want to purchase or the fiat amount you plan to spend.
- Double-check your order and click “Buy” or “Sell” to complete the transaction.
4. Secure Your Cryptocurrency in a Wallet
For enhanced security, transfer your crypto to a wallet you control:
- Hardware Wallets: Devices like Ledger or Trezor that store your crypto offline.
- Software Wallets: Apps like MetaMask or Trust Wallet for managing crypto digitally.
Protip: Moving your crypto to a personal wallet helps keep your assets secure.
Conclusion
Choosing the right crypto exchange is key for anyone looking to trade cryptocurrencies in Pakistan. When considering your options, it’s important to think about factors like security, transaction fees, payment methods, and how user-friendly the platform is. These elements will help ensure a smooth and secure trading experience.
Likewise, as the regulatory landscape continues to evolve, staying informed about the latest legal updates and choosing a compliant exchange will safeguard your investments. So, whether you’re just starting or you’re an experienced trader, the right exchange will lay the groundwork for your success in the crypto market in Pakistan.
Frequently Asked Questions
What should I consider when choosing a cryptocurrency exchange in Pakistan?
When selecting a crypto exchange in Pakistan, it’s important to consider factors like regulatory compliance, security features (such as two-factor authentication), transaction fees, and user experience. Also, ensure the exchange supports local payment methods, like Pakistani Rupees (PKR) for easier deposits and withdrawals.
Are cryptocurrency exchanges in Pakistan secure?
Yes, reputable exchanges in Pakistan prioritize security with features like cold storage for funds, encryption, and insurance to protect users from cyber threats. It’s essential to choose platforms with robust security measures to safeguard your assets.
Can I deposit and withdraw Pakistani Rupees (PKR) on crypto exchanges?
Yes, many leading crypto exchanges in Pakistan support PKR deposits and withdrawals, allowing for seamless transactions between your local bank and your crypto wallet without the need for currency conversions.
Are there any fees associated with using cryptocurrency exchanges in Pakistan?
Yes, exchanges may charge fees for trading, withdrawing, and depositing funds. However, these fees vary from platform to platform, so it’s important to review the fee structure of each exchange before trading.
How easy is it to use cryptocurrency exchanges in Pakistan for beginners?
Most crypto exchanges in Pakistan are designed with user-friendly interfaces, making it easier for beginners to navigate the platform, buy, sell, and trade digital assets. Some exchanges also offer educational resources and local language support, such as Urdu, to enhance the user experience.
Is cryptocurrency trading legal in Pakistan?
The State Bank of Pakistan (SBP) has proposed a framework that could potentially recognize cryptocurrency as legal tender. However, it’s important to stay informed about the regulatory landscape as it evolves. Trading on regulated and compliant exchanges ensures a safe and legal trading environment.
