🇧🇩
Local MarketBDTRestricted
Crypto in Bangladesh
Bangladesh has a growing crypto community with significant P2P adoption.
7M+Users
~4%Adoption
$500M+ anualP2P Vol.
Top 20 GlobalRank
$ Converter
BTC =
🇧🇩Restricted
Bangladesh
Asia · BDT
RestrictedLegal Status
7M+Users
~4%Adoption
Binance P2PTop Exchange
0%Max Tax
1Crypto Spots
Highlight
Bangladesh has 7M+ crypto users despite the official ban.
Regulation Timeline
2017
Bank of Bangladesh bans cryptocurrencies.
2022
Arrests for crypto trading.
2024
Government studies blockchain regulation.
Regulatory Framework
The Bank of Bangladesh officially bans cryptocurrencies but P2P adoption grows. In 2024, the government explored blockchain regulation. Legal risk for users.
Available Exchanges
B
Binance P2PMost used P2P platform in Bangladesh.
P
PaxfulPopular P2P marketplace for BDT.
L
LocalBitcoinsHistoric P2P trading in Bangladesh.
How to Buy Crypto
1
Binance P2P > sign up.
2
Verify account.
3
Buy via bKash/BDT transfer.
4
Store in personal wallet.
Crypto Taxes
No tax regulation (prohibited activity)
Flat rate0%
Deductible
N/A.
Deadline
N/A
Cryptocurrencies are banned. No tax framework exists.
Tax Estimator
$
Enter your gain
Type
No tax regulation (prohibited activity)
Deadline
N/A
Crypto Spots
📍
Dhaka Crypto MeetupHub
DacaDiscreet crypto meetups in Dhaka.
Crypto Communities
Bangladesh Crypto
TelegramBangladeshi crypto community with +20K members.
Comparison: Asia
| Country | Users | Adoption | P2P Vol. | Status | Exchange |
|---|---|---|---|---|---|
| 🇧🇩 BangladeshYou | 7M+ | ~4% | $500M+ anual | Restricted | Binance P2P |
| 🇯🇵 Japan | 8M+ | ~7% | $8B+ anual | Regulated | bitFlyer |
| 🇰🇷 South Korea | 15M+ | ~30% | $15B+ anual | Regulated | Upbit |
| 🇸🇬 Singapore | 2M+ | ~35% | $3B+ anual | Regulated | Independent Reserve |
| 🇮🇳 India | 115M+ | ~8% | $5B+ anual | Restricted | Binance |
| 🇻🇳 Vietnam | 16M+ | ~16% | $2B+ anual | Regulated | Binance |
| 🇮🇩 Indonesia | 18M+ | ~6.5% | $3B+ anual | Regulated | Binance |
| 🇹🇭 Thailand | 12M+ | ~17% | $1.5B+ anual | Regulated | Binance |
| 🇵🇭 Philippines | 12M+ | ~10% | $2B+ anual | Regulated | Binance |
Crypto Curiosities
✨Fact #1
Despite the ban, Bangladesh has over 7M active crypto users via P2P.
Related Crypto News
Frequently Asked Questions
Is crypto legal in Bangladesh?
Officially no. The Bank of Bangladesh bans cryptocurrencies, but adoption grows via P2P.
Risks of using crypto?
Legal risk under current laws. The government may apply sanctions.
How do Bangladeshis buy crypto?
Mainly via Binance P2P and Paxful using bKash and bank transfers.
Will regulation change?
In 2024 the government started blockchain regulation studies. Possible future change.
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