Top crypto exchanges platform in Afghanistan
1.OKCoin 2.Paxful 3.Changelly
1.OKCoin
Okcoin, founded in 2013 by Star Xu, is one of the most reliable and consistent fiat-to-crypto companies in the world.
The Okcoin exchange is extremely user-friendly and allows you to trade in just a few clicks. However, before you can deposit or withdraw money or funds, you must first register or sign up for a corporate or personal account.
The OKCoin exchange may not be regulated, but that does not make it untrustworthy. OKCoin has proven to be a very trustworthy exchange, and they use the most up-to-date security and encryption protocols to protect their users. OKCoin, for example, incorporates bank-level SSL security encryption, cold storage for the majority of their cryptocurrency, GSLB and distributed servers, and real-time deposit and withdrawal account monitoring.
Importance Features
- Okcoin, founded in 2013 by Star Xu, is one of the most reliable and consistent fiat-to-crypto companies in the world.
- The Okcoin exchange is extremely user-friendly and allows you to trade in just a few clicks. However, before you can deposit or withdraw money or funds, you must first register or sign up for a corporate or personal account.
- The OKCoin exchange may not be regulated, but that does not make it untrustworthy. OKCoin has proven to be a very trustworthy exchange, and they use the most up-to-date security and encryption protocols to protect their users.
- OKCoin, for example, incorporates bank-level SSL security encryption, cold storage for the majority of their cryptocurrency, GSLB and distributed servers, and real-time deposit and withdrawal account monitoring.
website | www.okcoin.com |
Where is okcoin located? | San Francisco, California, United States |
Founded | 2013 |
Founders | Star Xu |
Click here | |
Payment Methods | Know more |
Supported fiat | USD,EUR,BRL,SGD |
Fees | Know more |
Parent Company | Ok Group |
Mobile app available: | Android and iOS |
Is okcoin decentralized? | No it is centrlized exchage |
Staking | Yes Available |
Lending | Not Available |
Crypto loan | Not Available |
Is okcoin regulated? | Not Regulated |
Nft platform | Not Available |
Otc trading desk | Yes Available |
API | Yes Available |
Is okcoin safe? | bank-level SSL security encryption, cold storage |
Support | support@okcoin.com |
Margin trading | Yes Available |
Future trading | Yes Available |
What documents are needed for okcoin Kyc? | Government Id Card or Passport or Driving Licence,phone number and email address. |
FAQ | Know more |
2.Paxful
Paxful is a well-known digital peer-to-peer cryptocurrency exchange . Users of Paxful can buy and sell cryptocurrencies using a variety of payment options.
Paxful is not a regulated exchange, using it is secure and safe. It is crucial to remember that purchasers shouldn’t mix up the integrity of the platform and that of the seller. Although the Paxful platform adheres to KYC standards and demands ID from clients for verification, it is not governed by any national laws. Since the anti-money laundering and KYC procedures are in place, users can utilise the platform safely.
Paxful’s platform is available worldwide, and the minimum purchase amount is only $10. If you are trading for more than $1500, you must provide ID verification.
BitGo provides the Paxful wallet, which supports multi-sig wallets, giving users a security option. This peer-to-peer exchange also includes an escrow service, which holds the bitcoins until both parties are satisfied with the transaction.
Paxful also offers a rating system for sellers and buyers in order to encourage good behaviour and foster a trustworthy trading environment. While the escrow service assists the system in resolving the issue of trust between platform users, the rating system assists users in easily identifying trustworthy actors.
Importance Features
- Paxful is a well-known digital peer-to-peer cryptocurrency exchange . Users of Paxful can buy and sell cryptocurrencies using a variety of payment options.
- Paxful is not a regulated exchange, using it is secure and safe. It is crucial to remember that purchasers shouldn’t mix up the integrity of the platform and that of the seller. Although the Paxful platform adheres to KYC standards and demands ID from clients for verification, it is not governed by any national laws. Since the anti-money laundering and KYC procedures are in place, users can utilise the platform safely.
- Paxful’s platform is available worldwide, and the minimum purchase amount is only $10. If you are trading for more than $1500, you must provide ID verification.
- BitGo provides the Paxful wallet, which supports multi-sig wallets, giving users a security option. This peer-to-peer exchange also includes an escrow service, which holds the bitcoins until both parties are satisfied with the transaction.
- Paxful also offers a rating system for sellers and buyers in order to encourage good behaviour and foster a trustworthy trading environment. While the escrow service assists the system in resolving the issue of trust between platform users, the rating system assists users in easily identifying trustworthy actors.
website | www.paxful.com |
Where is Paxful located? | 3422 Old Capitol Trail, PMB 989, Wilmington DE 19808 |
Founded | 2015 |
Founders | Ray Youssef and ArturSchaback |
Click here | |
Payment Methods | Bank transfer,Digital currencies ,Goods & services,Gift cards,Debit/credit card,Online wallets |
Supported fiat | USD,EUR,AED, AUD, BRL, CAD, CNY, EUR, GBP, INR, JPY, MXN, SAR, SEK, SGD, USD, GHS, KES, NGN, UGX, ZAR, IDR, CNY, HKD, INR, CAD, GBP. |
Fees | Know more |
Parent Company | Paxful, Inc |
Mobile app available | Android and iOS |
Is paxful decentralized? | No it is centrlized exchage |
Staking | Not Available |
Lending | Not Available |
Crypto loan | Not Available |
Is paxful regulated? | Paxful is not a regulated. |
Nft platform | Not Available |
API | Yes Available |
What services does paxful Exchange offer? | Bitcoin ATM Map |
Support | Live chat |
Margin trading | Not Available |
What documents are needed for Paxful Kyc? | Government Id Card or Passport or Driving Licence,phone number and email address. |
FAQ | Know more |
3.Changelly
Changelly makes it possible to purchase and sell cryptocurrencies as well as exchange them. An easy-to-use user interface and quick registration with an email address. Nearly 200 different cryptocurrencies are available on Changelly, a non-custodial exchange. You may trade cryptocurrencies at minimal cost with its user-friendly, safe service. There are restrictions when purchasing a cryptocurrency with fiat money, and these restrictions vary by country and location. See below for restrictions.
Residents of the USA, Canada, and Australia are limited to just $50 for their initial purchase. Their second purchase, which can only be done four days after the first, can be for $100. $500 can be bought 7 days after the initial transaction. Then, there are no restrictions.
People who live in the CIS region are only allowed to spend $200 on their first transaction; after 24 hours, they can spend up to $2000 for the first week and $10,000 for the first month on additional purchases.
Users’ initial transactions are restricted to $100 in the EU and other countries. Their following buy may cost $200, however
Changelly may be appealing to those who would wish to remain anonymous because no verification is necessary in order to use the exchange.
In contrast to many other cryptocurrency exchanges, there are no legal requirements. Users are just asked to provide an email address, which will never be given to a third party.
Importance Features
- An easy-to-use user interface and quick registration with an email address. Nearly 200 different cryptocurrencies are available on Changelly, a non-custodial exchange.
- You may trade cryptocurrencies at minimal cost with its user-friendly, safe service. There are restrictions when purchasing a cryptocurrency with fiat money, and these restrictions vary by country and location. See below for restrictions.
- Residents of the USA, Canada, and Australia are limited to just $50 for their initial purchase. Their second purchase, which can only be done four days after the first, can be for $100. $500 can be bought 7 days after the initial transaction. Then, there are no restrictions.
- People who live in the CIS region are only allowed to spend $200 on their first transaction; after 24 hours, they can spend up to $2000 for the first week and $10,000 for the first month on additional purchases.
- Users’ initial transactions are restricted to $100 in the EU and other countries. Their following buy may cost $200, however
- Changelly may be appealing to those who would wish to remain anonymous because no verification is necessary in order to use theexchange.
- In contrast to many other cryptocurrency exchanges, there are no legal requirements. Users are just asked to provide an email address, which will never be given to a third party.
website | www.changelly.com |
Where is Changelly located? | Prague, Czech Republic |
Founded | 2015 |
Founders | Konstantin Gladych, Alex Melikhov |
Click here | |
Payment Methods | Credit Card,Debit Card sepa/swift, apple pay,visa mastercard. |
Supported fiat | USD,EUR,GBP,CAD,AED,AMD,ANG,ARS,AUD,AZN,BAM,BBD,BDT,BGN,BMD,BND,BOB,BRL,BWP,BYN,CAD,CHF,CLP,CNY,COP,CRC,CZK,DJF,DKK,DOP,EGP,GEL,GHS,GTQ,HKD,HNL,HRK,HUF,IDR,ILS,INR,ISK,JMD,JOD,JPY,KES,KGS,KHR,KRW,KWD,KYD,KZT,LBP,LKR,MAD,MDL,MKD,MNT,MOP,MUR,MXN,MYR,MZN,NAD,NGN,NOK,NZD,OMR,PAB,Sol,PEN,PGK,PHP,PKR,PLN,PYG,QAR,RON,RSDRUB,SAR,SEK,SGD,SOS,THB,TRY,TTD,TWD,TZS,UAH,UGX,UYU,UZS,VND,XAF,XOF,ZAR |
Fees | Know more |
Mobile app available: | Android and iOS |
Is Changelly decentralized? | No it is centrlized exchage |
Staking | Not Available |
Lending | Not Available |
Crypto loan | Not Available |
Is Changelly regulated? | Changelly is not an regulated cryptocurrency exchange. |
Nft platform | Not Available |
Otc trading desk | Yes Available |
API | Yes Available |
Is Changelly safe? | Changelly is really secure. Because they do not keep your cryptocurrency in a wallet, they simply take your deposited dollars or assets, exchange them for your chosen cryptocurrency, and then deposit the new cryptocurrency in your own wallet. This makes doing crypto trades incredibly safe. Similar to a conventional exchange, this cannot be hacked. Therefore, the only risk is human mistake as long as you’re using a secure software or hardware wallet to which you have the keys (for instance, providing the incorrect deposit address). |
Support | Know more 24/7 live chat support |
Margin trading | Not Available |
What documents are needed for Changelly Kyc? | Government Id Card or Passport or Driving Licence,phone number and email address. |
FAQ | Know more |
What is a Cryptocurrency Exchange and How Does It Work?
An online trading platform known as a cryptocurrency exchange acts as a middleman between buyers and sellers of cryptocurrencies. Users can exchange cryptocurrencies for fiat currency and digital currency on these online trading sites. These marketplaces allow users to deposit money using peer-to-peer (P2P), online banking, direct bank transfers, and other methods. They charge a commission or other fee for each transaction made using their services. To understand more about purchasing cryptocurrencies in-depth, read How To Buy Cryptocurrency. Any of these exchanges has a fairly simple process for setting up new accounts. After selecting an appropriate exchange, a user must perform the following procedures to open a trading account.
Things You Should Remember When Buying or Investing In Cryptocurrencies
Steps to Buy Cryptocurrency in Afghanistan
Open an account with an exchange- Install the chosen exchange’s app, then register for an account.
Complete the KYC verification process
Fill in the required information, including your name, email address, and phone number. The user receives a mail asking KYC information on the same id after the email has been verified. Verify your email address’s address, then finish the KYC procedure. Create a password that is strong. Never share your app, wallet, or exchange passwords to anyone because it can be challenging to get them back.
Make a fiat deposit
You must connect a bank account or credit card to the exchange in order to start purchasing bitcoin and other cryptocurrencies. The time it takes for the funds to reach the exchange might range from a few minutes to days, depending on the payment method.
Buy cryptocurrency
When your account is funded, you are ready to purchase your first bitcoin and other cryptocurrencies. It’s important to note that you do not need to buy a full crypto currencies.
Download Wallet
A self-custody wallet like paxful wallet is required to purchase P2P. paxful wallet is available as a mobile app and browser extension.
Best crypto learning resources on the internet.
Types of Cryptocurrency Exchange Fees in Afghanistan
The fees and charges levied by various cryptocurrency exchanges in Afghanistan vary. Let’s look more closely at what these fees entail.
Joining Fee
The majority of Afghanistan bitcoin exchanges did not charge a joining fee.
Deposit Fee
When a user transfers funds or coins into a cryptocurrency exchange to start a purchase or sell transaction, they are charged this fee. The amount of the deposit fee entirely depends on the method of the user’s money transfer.
Trading Charges
The most crucial component of a cryptocurrency exchange’s fee structure is its trading charges. Trading commissions may be assessed as a fixed percentage of the total value of cryptocurrency that a trader purchases or sells, or an exchange may assess fees based on the orders made, with makers and takers being assessed at different rates. Therefore, it is essential to comprehend Maker and Taker expenses before moving forward.
A maker is a party who sells bitcoin to generate liquidity on the market.
The party that purchases bitcoins to remove it from the market’s liquidity is the taker.
A fixed amount of fees are paid for the transaction by both the maker and the taker. Makers do, however, often pay less.
The trading fees differ between exchanges, typically falling between 0% and 0.25%. It should be noted, though, that although some exchanges advertise that they have no costs for users, one must look closely to see if they actually charge in the form of spread, which is the price difference between buying and selling a cryptocurrency. Additionally, this rate is typically larger than the trading fee.
Withdrawal Fee
On some exchanges, the user is charged when they withdraw funds into fiat. When a user places a sell order on the exchange, the money is available for withdrawal when it appears in his or her wallet. The user can make whole or partial withdrawals into their designated bank account here, subject to fees. The user also has the choice to withdraw money in coins, however doing so entails a fee.
Staking Fees
Over the past few years, staking has grown to be a very well-liked function provided by a variety of exchange platforms. In a nutshell, staking is using a portion of your money as collateral in the Proof of Stake or Proof of Delegated Stake process, allowing you to generate passive income. But occasionally staking has a modest price.
Staking fees are often deducted from earned staking rewards rather than being imposed as an additional price that users must pay. These costs may vary depending on the token being staked or they may be uniform across the board on a platform. However, some platforms don’t charge anything for staking.
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Naren is a finance graduate who is passionate about cryptocurrency and blockchain technology. He demonstrates his expertise in these subjects by writing for cryptoetf.in. Thanks to his finance background, he is able to write effectively about cryptocurrency.