Despite the official ban, Algeria has a growing crypto community using P2P exchanges.
Africa · DZD
Algeria banned crypto but has one of the most active P2P communities in North Africa.
Crypto ban.
Law stiffens penalties.
CBDC study.
Algeria banned crypto trading in 2018. 2022 law stiffens penalties. P2P adoption grows despite the ban.
Used via P2P.
Indirect access.
P2P available.
P2P on Binance (legal risk).
KYC.
P2P with DZD.
Buy.
N/A.
N/A
Crypto is banned in Algeria.
Activity banned
N/A
Underground group.
| Country | Users | Adoption | P2P Vol. | Status | Exchange |
|---|---|---|---|---|---|
| 🇩🇿 AlgeriaYou | 100K+ | ~0.7% | $15M+ anual | Banned | Binance |
| 🇳🇬 Nigeria | 22M+ | ~10% | $8B+ anual | Restricted | Quidax |
| 🇿🇦 South Africa | 6M+ | ~10% | $2B+ anual | Regulated | Luno |
| 🇰🇪 Kenya | 6M+ | ~10% | $800M+ anual | Unregulated | Binance |
| 🇲🇦 Morocco | 3M+ | ~8% | $500M+ anual | Restricted | Binance |
| 🇪🇬 Egypt | 4M+ | ~4% | $600M+ anual | Unregulated | Binance |
| 🇬🇭 Ghana | 2M+ | ~6% | $300M+ anual | Unregulated | Binance |
| 🇹🇿 Tanzania | 1.5M+ | ~2% | $200M+ anual | Restricted | Binance P2P |
| 🇪🇹 Ethiopia | 1M+ | ~1% | $120M+ anual | Unregulated | Binance P2P |
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Algeria vs Nigeria
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