With rising cyber threats and scams, security is a top concern for cryptocurrency traders. If you’re looking for the best crypto exchange in Sri Lanka in 2025, it’s important to choose a platform that offers strong security measures, low fees, and access to a wide range of digital assets.
In this article, we compare the most trusted exchanges that you can use in Sri Lanka.
Key Takeaways
- Sri Lanka offers several cryptocurrency exchanges catering to various trader needs, from beginners to advanced users.
- Residents can access global exchanges like UEEx, Binance, and Coinbase for a wide range of digital assets.
- Some platforms offer educational resources to help beginners understand cryptocurrency trading.
- Withdrawal limits and fees vary across exchanges, so reviewing each platform’s policies is important.
- Security features such as two-factor authentication and cold storage are standard to protect user assets.
| Crypto Exchange | Best For | Available Assets | Trading Fee | Trading Fee | Unique Features | Security Features | Fiat Support | Max Leverage |
| UEEx | Best Overall | 200+ | Margin fee: 0.10%, Spot trading 0.09%, Futures trading 0.05% | Bitcoin, Ethereum, Litecoin, Ripple, and more | UE Coin Miner app, trading bots, social trading | Two-factor authentication (2FA), cold storage, insurance coverage | USD | Up to 200x |
| Binance | Wide variety, advanced trading | 500+ cryptocurrencies | 0.1% per trade | BTC, ETH, BNB, and more | Futures trading, staking, P2P platform | SAFU fund, two-factor authentication | Limited, varies by region | Up to 125x |
| Coinbase | Beginner-friendly interface | 240+ | Varies, but typically: Taker 0.60%, Maker: 0.40% | Bitcoin, Ethereum, Litecoin, and more | Educational platform rewarding users with free crypto | Strong security ratings, multiple security options | USD, EUR, GBP, others | Up to 20x |
| Bybit | Derivatives trading, copy trading | 1000+ | 0.1% Maker/Taker (spot trading); Liquidation Fee: 2% (margin) | BTC, ETH, DOGE, etc. | Copy trading, advanced charting | 2FA, cold storage | Limited | Up to 200x |
| Changelly | Instant crypto swaps | 500+ cryptocurrencies | Varies ≥ 0 BTC Maker and taker is 0.1% for spot and margin trading | Bitcoin, Ethereum, and more | Fixed and floating rates | 2FA | USD, EUR via third-party providers | No leverage |
| OKX | Advanced trading tools | 300+ cryptocurrencies | Lowest: -0.005%/0.020% Highest: 0.080%/0.1% | BTC, ETH, OKB, and more | Integrated DeFi services; NFT marketplace | 2FA; cold and hot wallet system | EUR, USD | Up to 10x on spot and 100x on futures. |
| Crypto.com | User-friendly interface | 250+ | Varies by level: Level 1 maker: 0.2500%/ Taker: 0.5000% | BTC, ETH, LTC, XRP, and more | Integrated DeFi wallet; crypto Visa card; staking rewards | Multi-factor authentication; cold storage; insurance coverage | USD, EUR, GBP | Up to 20x but you can choose from 2x, 3x, 5x, 10x and 20x |
1. UEEx – Best Overall
(Source: UEEx)
UEEx is a cryptocurrency exchange established in 2021, aiming to provide a user-friendly platform for trading digital assets. With a team of over 100 finance and technology professionals, UEEx offers access to more than 100 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
The platform is designed to cater to both beginners and experienced traders, offering features like leveraged trading and a mobile application for on-the-go access.
For residents of Sri Lanka, UEEx provides an opportunity to engage in the global cryptocurrency market. While the platform is not locally regulated, it is accessible to Sri Lankan users, allowing you to trade a wide range of digital currencies.
The platform emphasizes user privacy, offering anonymous registration options that do not require personal information such as phone numbers or email addresses. This focus on anonymity can be particularly appealing if you prioritize privacy in your financial transactions.
Pros
- UEEx offers an intuitive platform suitable for both beginners and seasoned traders.
- Access over 200 digital assets, including popular options like BTC, ETH, and USDT.
- Sign up without providing personal information, enhancing your privacy.
- Trade on-the-go with the UEEx app available on iOS and Android devices.
- Increase your potential returns by using leverage in your trades.
Cons
- The platform requires KYC verification, which may concern some users.
- The user interface might be challenging for beginners.
Fee Structure
(Source: UEEx)
- Spot Trading: A fee of 0.09% is applied to each buy or sell transaction.
- Futures Trading: Each buy or sell transaction incurs a fee of 0.05%.
- UEEx also offers crypto loans with a flexible daily rate of 0.0599%, translating to an annual rate of 21.8635%.
- Margin Trading: Fees vary based on leverage:
- 0–99x leverage: 0.10% per transaction
- 100–199x leverage: 0.09% per transaction
- 200x leverage: 0.08% per transaction
- Withdrawal Fees: These depend on the specific cryptocurrency and current network conditions. For example:
- BTC (BSC): 0.002 BTC
- ETH (ERC20): 0.02 ETH
- LTC (BSC): 0.002 LTC
- TRX (TRC20): 10 TRX
- All charges are transparently outlined on the platform.
2. Binance Exchange – Wide Variety, Advanced Trading
(Binance Website)
Binance, established in 2017, has grown into one of the world’s leading cryptocurrency exchanges. It offers a comprehensive platform for trading a wide range of digital assets, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
Binance provides various trading options such as spot trading, futures, and margin trading, catering to both novice and experienced traders.
For residents of Sri Lanka, Binance presents an accessible platform to engage in cryptocurrency trading. The exchange supports over 400 cryptocurrencies and offers services like staking, savings, and a peer-to-peer (P2P) trading platform. This P2P feature allows you to buy and sell cryptocurrencies directly with other users, facilitating transactions in Sri Lankan Rupees (LKR).
Pros
- Binance offers competitive fees, with spot trading fees starting at 0.1% per trade.
- Access to over 400 digital assets, including popular cryptocurrencies like BTC, ETH, and USDT.
- Offers spot, margin, futures, and options trading, catering to various trading strategies.
- Facilitates buying and selling cryptocurrencies directly with other users, supporting over 100 fiat currencies.
- Provides a comprehensive learning center to help users understand cryptocurrency trading.
Cons
- The platform’s extensive features may be overwhelming for beginners.
- Depositing Sri Lankan Rupees (LKR) may require third-party services or P2P transactions.
- Certain cryptocurrencies may incur withdrawal fees, which can vary depending on the asset.
- As with any online platform, there is a risk of security breaches; using additional security measures is advisable.
Fee Structure
(Binance)
- Standard fee of 0.10% per transaction. If you choose to pay fees using Binance Coin (BNB), you can receive a 25% discount, reducing the fee to 0.075%.
- A fee of 0.50% applies to instant buy or sell transactions.
- Withdrawal Fees vary depending on the specific cryptocurrency and current network conditions. It’s advisable to check the latest withdrawal fees on the Binance website or app before initiating a transaction.
3. Coinbase Exchange – Beginner-friendly interface
(Source: Coinbase Website)
Coinbase, founded in 2012 by Brian Armstrong and Fred Ehrsam, has established itself as a leading cryptocurrency exchange globally. The platform offers a user-friendly interface, making it accessible for both beginners and experienced traders.
Coinbase supports a wide range of digital assets, including Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC), allowing you to buy, sell, and store various cryptocurrencies securely.
As a Sri Lankan resident, you can access Coinbase’s services to engage in cryptocurrency trading. The platform provides real-time price conversions, enabling you to view the value of cryptocurrencies in Sri Lankan Rupees (LKR).
For instance, 1 BTC is approximately equivalent to LKR 28,733,539.18, and 1 USDC equals LKR 295.01. This feature assists you in making informed trading decisions based on local currency values.
Pros
- Coinbase offers an intuitive platform, making it easy for you to navigate and execute trades.
- Access a diverse selection of digital assets, including popular options like BTC, ETH, and USDC.
- Benefit from robust security measures, including two-factor authentication and insurance coverage for digital assets stored on the platform.
- Uses a variety of learning materials to enhance your understanding of cryptocurrency trading and blockchain technology.
- View cryptocurrency values in Sri Lankan Rupees, aiding in informed decision-making.
Cons
- Compared to some other exchanges, Coinbase’s fees can be relatively higher, impacting your overall returns.
- While suitable for beginners, advanced traders might find the platform lacking in sophisticated trading tools.
- Certain features and services may not be available in Sri Lanka, limiting your access to the platform’s full capabilities.
- There have been instances where users experienced account restrictions, which could affect your trading activities.
Fee Structure
- For spot trading on Coinbase Pro, Coinbase follows a maker-taker fee model, where makers have rates ranging from 0.60% to 0.00%, while takers are charged between 1.20% and 0.05%.
- Coinbase charges a spread of about 0.50% for cryptocurrency purchases and sales; however, fees can vary depending on market fluctuations.
- Regular Coinbase does not use a maker-taker fee model. Instead, it charges a fee based on a combination of factors, such as the transaction size and payment method.
- Purchases made with a debit or credit card incur a fee of 3.99%.
4. Bybit Exchange – Derivatives trading, copy trading
(Source: Bybit)
Bybit, established in 2018, has rapidly become a prominent cryptocurrency exchange, offering a variety of trading options to users worldwide. The platform provides services such as spot trading, derivatives, and margin trading, catering to both beginners and experienced traders.
Bybit is known for its user-friendly interface and advanced trading tools, making it accessible and efficient for managing your cryptocurrency investments.
As a resident of Sri Lanka, you can access Bybit’s services to engage in cryptocurrency trading. The platform supports a wide range of digital assets, including popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
Bybit offers competitive trading fees and various order types, allowing you to execute trades that align with your investment strategies. Also, Bybit provides real-time market data and customizable charts, enabling you to make informed trading decisions.
Pros
- Bybit offers an intuitive platform, making it easy for you to navigate and execute trades.
- Access a diverse selection of digital assets, including popular options like BTC, ETH, and USDT.
- Use features such as customizable charts and various order types to enhance your trading experience.
- Benefit from a fee structure that is favorable compared to some other exchanges.
- Access support services to assist you with any platform-related inquiries or issues.
Cons
- Bybit does not provide insurance on crypto or fiat deposits, which could concern some users.
- Some users have reported issues with account access, which could affect your trading activities.
- Bybit primarily focuses on crypto-to-crypto trading pairs, which may require you to use other platforms for fiat conversions.
- Certain features and services may not be available in Sri Lanka, limiting your access to the platform’s full capabilities.
Fee Structure
(Source: Bybit)
- Deposits are generally free on Bybit.
- A withdrawal fee is charged for on-chain withdrawal depending on the different coins and chains selected.
5. Changelly Exchange – Instant Crypto Swaps
Changelly is a cryptocurrency exchange platform that enables you to swap between various digital assets quickly and without the need for extensive verification processes.
Established in 2015, Changelly has positioned itself as a user-friendly service, offering access to over 500 cryptocurrencies. This extensive selection allows you to diversify your crypto portfolio with ease.
For residents of Sri Lanka, Changelly provides a convenient way to purchase cryptocurrencies using credit or debit cards.
The platform supports transactions in Sri Lankan Rupees (LKR), enabling you to buy popular cryptocurrencies like Bitcoin (BTC) directly. This feature simplifies the process of entering the crypto market without the need for currency conversion.
Pros
- The platform is designed to be intuitive, making it accessible even if you’re new to cryptocurrency exchanges.
- With access to over 500 digital assets, you have ample options for diversification.
- You can perform crypto-to-crypto exchanges without the need to create an account, ensuring a quicker transaction process.
- You can purchase cryptocurrencies using your local currency, making the process more convenient.
Cons
- Some users have reported concerns about hidden fees, which could affect the overall cost of transactions.
- The exchange rates offered may not always be the most competitive, potentially impacting the value received.
- If you’re seeking tools like staking or lending, Changelly does not offer these options.
- Transaction times can vary, and you may experience delays depending on network congestion.
Fee Structure
(Source: Changelly)
- For purchases made with fiat currencies (e.g., USD, EUR), additional fees may apply, and exchange rates can vary.
- The platform aggregates rates from various exchanges to offer competitive prices; however, some users have reported less favorable rates compared to other platforms.
6. OKX Exchange – Advanced Trading Tools
(Source: OKX)
OKX is a prominent cryptocurrency exchange that offers a wide range of services, including spot trading, futures, and options. Established in 2017, OKX has become a global platform, providing access to numerous digital assets.
As a users in Sri Lanka, OKX facilitates transactions in Sri Lankan Rupees (LKR) through its peer-to-peer (P2P) marketplace, allowing you to buy and sell cryptocurrencies like Bitcoin (BTC) and Tether (USDT) directly with local currency.
The platform is designed with user convenience in mind, featuring an intuitive interface suitable for both beginners and experienced traders.
OKX provides real-time conversion rates, enabling you to monitor the value of cryptocurrencies in LKR effortlessly. For instance, you can check the current price of Bitcoin in Sri Lankan Rupees directly on the platform.
Security is a priority for OKX, employing advanced measures to protect your assets and personal information. The exchange offers two-factor authentication (2FA) and anti-phishing codes to enhance account security.
Pros
- OKX’s platform is designed to be accessible, making it easy for you to navigate and execute trades.
- With access to numerous digital assets, you have ample options for diversification.
- The P2P marketplace allows you to trade directly using Sri Lankan Rupees, facilitating seamless transactions.
- Features like two-factor authentication help protect your account and assets.
- Round-the-clock assistance is available to address any concerns or questions you may have.
Cons
- While the interface is user-friendly, the variety of trading options might be overwhelming if you’re new to cryptocurrency trading.
- Trading and withdrawal fees may add up, especially if you’re engaging in frequent transactions.
- To access all features, you may need to complete identity verification, which can be time-consuming.
- The value of cryptocurrencies can fluctuate rapidly, posing potential risks to your investments.
Fee Structure
(Source: OKX)
- Withdrawal fees vary by coin. For example, the withdrawal fee for ETH is $0.13, and the minimum withdrawal amount is $3.27.
- The maximum amount of crypto that can be withdrawn within 24 hours. The default limit is $10,000,000, but it can be increased by contacting OKX support.
7. Crypto.com – Mobile-friendly
Crypto.com is a comprehensive cryptocurrency platform that offers a wide range of services, including trading, staking, and a crypto wallet. Established in 2016, it has grown to serve over 50 million users worldwide.
For residents of Sri Lanka, Crypto.com provides access to more than 250 cryptocurrencies, allowing you to buy, sell, and trade digital assets with ease.
The platform supports transactions in multiple fiat currencies, including the US Dollar (USD), which can be convenient if you’re looking to convert Sri Lankan Rupees (LKR) through accepted payment methods.
The user-friendly interface of Crypto.com’s mobile app and web platform makes it accessible for both beginners and experienced traders. You can monitor market trends, execute trades, and manage your portfolio seamlessly.
Also, Crypto.com offers a Visa card that enables you to spend your crypto assets in everyday transactions, potentially beneficial if you’re seeking to integrate cryptocurrency into your daily financial activities.
Security is a top priority for Crypto.com. The platform employs robust measures, including two-factor authentication (2FA) and cold storage for the majority of user funds, to protect your assets and personal information.
Pros
- Access to over 250 digital assets allows for diverse investment opportunities.
- The intuitive design of both the app and web platform facilitates easy navigation and trading.
- The Crypto.com Visa card enables spending of crypto assets in everyday transactions.
- Manage your portfolio, execute trades, and monitor markets on the go.
- Features like two-factor authentication and cold storage enhance asset protection.
Cons
- Cryptocurrencies are not recognized as legal tender, posing potential legal and financial risks.
- Understanding the varying fees for different services may require careful review.
- Without significant trading volume or CRO staking, fees can be relatively high.
- Direct transactions in Sri Lankan Rupees may not be supported, necessitating currency conversion.
Fee Structure
(Source: Crypto.com)
- Deposit and withdrawal fees depend on the asset and transaction method, with bank transfers often being fee-free.
Why Use a Crypto Exchange in Sri Lanka (2025)
Using a crypto exchange in Sri Lanka in 2025 provides you with diverse investment opportunities such as;
1. Access to a Diverse Range of Cryptocurrencies
By using a crypto exchange in Sri Lanka, you can access a wide variety of cryptocurrencies beyond just Bitcoin. Platforms like UEEx offer over 200 different coins, allowing you to diversify your investment portfolio according to your interests and risk tolerance.
2. Lower Transaction Fees
Cryptocurrency transactions often come with lower fees compared to traditional banking systems, especially for international transfers. This can be particularly beneficial if you’re looking to send or receive money across borders without incurring high costs.
3. Enhanced Security and Transparency
Transactions conducted through crypto exchanges are secured by blockchain technology, making them encrypted and immutable. This high level of security reduces the risk of fraud or hacking, providing peace of mind when managing your digital assets.
4. Financial Inclusion and Accessibility
Cryptocurrencies can be accessed by anyone with an internet connection, enabling financial inclusion for individuals in underserved or unbanked regions. By using a crypto exchange, you can participate in the global financial system without relying on traditional banking infrastructure.
5. Opportunities for Passive Income
Some crypto exchanges offer features that allow you to earn passive income through staking or lending your digital assets. This means you can potentially grow your holdings over time by participating in various programs offered by the exchange.
Factors to Consider When Choosing a Crypto Exchange in Sri Lanka
When choosing a crypto exchange in Sri Lanka, consider the following factors;
1. Security Measures
| Exchange | Insurance | Cold Storage % | Regulatory Status | Security Features |
| UEEx | Yes | 93% | Licensed in US and Canada | Multi-factor authentication, Access control with IP and wallet whitelisting |
| Binance | SAFU | 90% | FSMA registered | Advanced API permissions, Hardware 2FA |
| Coinbase | Yes | 98% | Registered as a Money Services Business (MSB) with FinCEN in the US | Two-factor authentication (2FA), biometric logins, insurance for digital assets |
| Bybit | – | 98% | Registered in the British Virgin Islands | Multi-factor authentication, SSL encryption, cold storage for all user funds, proof-of-reserves audits confirming full backing of assets |
| Changelly | N/A | N/A | Changelly exchange is primarily based in Estonia | 2FA |
| OKX | Yes | 95% | Registered in the Seychelles. It also has corporations registered in the Bahamas. | Two-factor authentication (2FA), cold storage, anti-phishing codes |
| Crypto.com | Yes | 92% | Regulated under the Virtual Asset Service Provider (VASP) license in multiple jurisdictions | Two-factor authentication (2FA), cold storage for all user funds, real-time transaction monitoring |
When selecting a crypto exchange, prioritize security. Ensure the platform employs advanced encryption and offers two-factor authentication (2FA) to protect your assets. For instance, UEEx uses an advanced obfuscation algorithm and separates hot and cold wallets to enhance security.
2. Supported Cryptocurrencies
Consider the variety of cryptocurrencies available on the exchange. A diverse selection allows you to explore different investment opportunities. UEEx offers a range of digital assets, enabling you to diversify your portfolio according to your preferences.
3. Transaction Fees
| Exchange | Trading Fees | Max Leverage | |
| Maker | Taker | ||
| UEEx | 0.09% | 0.09% | 200x |
| Binance | 0.1% | 0.1% | 125x |
| Coinbase | Varies, but typically: Maker: 0.40% | Varies, but typically: Taker 0.60% | 20x |
| Bybit | 0.1% | 0.1% | Up to 200x |
| Changelly | Varies | Varies | No leverage trading |
| OKX | Lowest: -0.005%/0.020% Highest: 0.080%/0.1% | Lowest: -0.005%/0.020% Highest: 0.080%/0.1% | Up to 10x on spot and 100x on futures. |
| Crypto.com | Varies by account level | Varies by account level | Up to 100x |
Evaluate the fee structure of the exchange. Lower fees can maximize your profits, especially if you trade frequently. UEEx is known for its ultra-low fees, allowing you to keep more of your earnings.
4. User Experience and Interface
A user-friendly interface simplifies the trading process. Look for platforms that are easy to navigate and responsive across devices. UEEx offers a professional and anonymous digital currency wallet with a straightforward design, making it convenient for both beginners and experienced traders.
5. Regulatory Compliance and Reputation
Ensure the exchange complies with local regulations and has a solid reputation. A platform that adheres to legal standards provides an added layer of trust. UEEx is recognized as a leading digital currency trading platform, offering fast transactions and unmatched security.
How to Get Started with UEEx in Sri Lanka
Starting with UEEx in Sri Lanka is easy. Follow these steps to create an account, deposit funds, and start trading cryptocurrency.
1. Open an Account
Go to the official UEEx website and click on “Sign Up” at the top-right corner. Enter your email or phone number (with the country code) and create a strong password.
If you have an invitation code, you can earn a commission when signing up. After submitting your details, you will receive a verification code via email or phone. Enter the code to complete your registration.
2. Deposit Funds
After setting up your account, deposit funds to begin trading. Go to the “Asset Management” section and select whether you want to deposit cryptocurrency or fiat currency.
Under the “Recharge” section, choose the asset you want to deposit. Follow the on-screen instructions to complete the process. The deposit time depends on the cryptocurrency network or the processing time for fiat transactions.
3. Buy Cryptocurrency
Once your funds are available, navigate to the “Trade” section. Choose the cryptocurrency you want to buy and select an order type, such as a market order or limit order.
Enter the amount of cryptocurrency you want to purchase or the amount of fiat you want to spend. Review your details and click “Buy” or “Sell” to complete the transaction.
4. Transfer to a Wallet
For additional security, consider moving your cryptocurrency to a private wallet. You can use a hardware wallet like Ledger or Trezor or a software wallet such as MetaMask or Trust Wallet.
Are Crypto Exchanges Legal in Sri Lanka?
No, cryptocurrency exchanges are not legal in Sri Lanka. The Central Bank of Sri Lanka (CBSL) has not authorized any entity to operate schemes involving virtual currencies, including cryptocurrency exchanges. Cryptocurrencies are not recognized as legal tender in the country.
Also, the use of Electronic Fund Transfer Cards (EFTCs), such as debit and credit cards, for cryptocurrency transactions is prohibited under Directions No. 03 of 2021 issued by the CBSL.
Engaging with unregulated cryptocurrency platforms can expose you to significant financial, operational, legal, and security risks. Therefore, it’s advisable to exercise caution and stay informed about the legal implications of participating in cryptocurrency activities within Sri Lanka.
Conclusion
Choosing the best crypto exchange in Sri Lanka depends on your trading needs, security preferences, and available payment methods.
With global platforms offering diverse features, you can select an exchange that aligns with your goals, whether it’s low fees, high liquidity, or advanced trading tools.
While exchanges like UEEx provide extensive crypto options and also offer some added benefits.
Always compare platforms based on fees, supported cryptocurrencies, security measures, and customer support to make the best choice for your crypto trading.
FAQs: Best Crypto Exchanges in Sri Lanka (2025)
1. What are the best crypto exchanges available for Sri Lankans?
The best crypto exchanges for Sri Lankans include international platforms like UEEx, Binance, and Coinbase. However, they operate without local regulatory approval.
2. Can I buy Bitcoin in Sri Lanka?
Yes, you can buy Bitcoin in Sri Lanka through international exchanges that accept Sri Lankan traders.
3. What payment methods can I use to deposit funds?
Sri Lankans can use peer-to-peer (P2P) methods, crypto transfers, and sometimes third-party services to deposit funds on international exchanges.
4. Are there any Sri Lanka-based crypto exchanges?
No, there are no locally licensed crypto exchanges in Sri Lanka. All crypto trading happens through international platforms.
5. Do I need KYC verification to use a crypto exchange?
Yes, most exchanges require Know Your Customer (KYC) verification for deposits, withdrawals, and trading.
6. How do I withdraw money from a crypto exchange in Sri Lanka?
To withdraw, you can use P2P trading to sell crypto for LKR, transfer to an international bank, or use third-party payment services.
7. What are the risks of using a crypto exchange in Sri Lanka?
The risks include regulatory uncertainty, potential platform bans, security threats, and fraud in P2P transactions.
