Bitcoin (BTC) exchanges in Eritrea: buy, sell & swap

Bitcoin is a Cryptocurrency, the network powered by PoW (consensus mechanism based on mining) algorithm. The original software was developed by Satoshi Nakamoto and first released January 3rd, 2009. The official Bitcoin website is https://bitcoin.org.

As of today, October 30th, 2024, out of totally available 21,000,000 BTC, 19,742,178 are in circulation. It's possible to mine bitcoins. The total market capitalization of bitcoin is $1,160,982,336,937, the rank among other cryptocurrencies (based on the capitalization) is #1. The current rate of 1 BTC is $58802.0 USD.

Bitcoin is the first decentralized digital currency and a pioneer in P2P payments, the first application of the Blockchain technology, the "great grandfather" of all cryptocurrencies. After the creator stepped out from the project development, further work was realized by the community: enthusiastic software architects, experts in cryptography and distributed computing systems (Gavin Andersen and others).

Mainstream bitcoins adoption started in 2011 and further, after a significant price increase and noticeable growth in the number of users. Since then the system has been rapidly gaining popularity, the architecture and the technical characteristics (network stability and the security, transaction processing capacity, the processing fees, etc) are constantly improved, new technologies are introduced.

• The pre-release of Bitcoin client contained the IRC (instant messenger) client and a framework in order to create a Poker game and a P2P Marketplace.
• Satoshi Nakamoto, the Bitcoin creator, owns 1 million BTC that were mined during the early days of the bitcoins. Besides few test transactions in 2009, these still remain untouched, making Satoshi Nakamoto among the top 100 richest persons of the world.
• The first recorded purchase using Bitcoin was two Papa John’s Pizzas bought by a programmer Laszlo Hanyecz for 10,000 BTC.
• It's still unknown who actually invented bitcoins. Few candidates were discovered by the researchers and there are several claims from potential candidates.
• There are also various opinions regarding what should be called the "true Bitcoin"; some supporters of Bitcoin Cash and Bitcoin SV argue about the nowadays BTC compliance with the original principles of the Bitcoin.

Top Bitcoin exchanges

Bitcoin is currently supported by 100% of exchanges (10 of 10) currently having active orders at ExchangeRates.Pro: 3 Exchange Brokers, 5 Trading Platforms, 1 eWallets, and 1 P2P Marketplaces have offers, allowing you to buy and sell BTC. Let's check and compare which of these exchanges will suit you the best, dear visitor!

Top BTC exchanges to buy/sell in Eritrea

Sorry, at the moment there are no active exchanges with live offers to buy/sell Bitcoin with fiat currencies in Eritrea. Our teams tries our best to add some ASAP!

The rest of safe, fast, easy to use BTC exchanges worldwide

Besides the abovelisted great exchanges, serving Eritrea and allowing domestic payments in US Dollar among other countries and currencies, there are also very good international ones among the websites exchanging bitcoins. Hence if you need USD|BTC exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Bitcoin using other fiat currency, etc. or swap it with various coins and tokens, feel free to check this selection of top eight highest-ranked BTC exchanges from all around the world:

1. CEX a Trading Platform started business July, 2014. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 5 payment systems to buy and sell Bitcoin with USD. Apart from that, feel free to swap BTC to/from 8+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 27 testimonials, 100% gave maximal rank
2. Binance a Trading Platform started business April, 2017. A reputable company holding all the government permissions for doing business; is licensed, etc. | 18 testimonials, 94% gave maximal rank
3. EXMO a Trading Platform started business May, 2013. A reputable company holding all the government permissions for doing business; is licensed, etc. There are 4 payment systems to buy and sell Bitcoin with USD. Apart from that, feel free to swap BTC to/from 21+ coins and tokens. | 20 testimonials, 95% gave maximal rank
4. Changelly a Broker started business December, 2013. There are 1 payment systems to buy and sell Bitcoin with USD. Apart from that, feel free to swap BTC to/from 40+ coins and tokens. | 17 testimonials, 94% gave maximal rank
5. CoinFalcon a Trading Platform started business October, 2017. Unfortunately no fiat payments for your currencies this time, but feel free to swap BTC to/from 8+ coins and tokens. KYC (identification process) is necessary to become a client of this service provider. | 2 testimonials, 100% gave maximal rank
   Gift available!
6. Bitpapa a P2P Marketplace started business May, 2020.
7. AlfaCashier a Broker started business May, 2012. Unfortunately no fiat payments for your currencies this time, but feel free to swap BTC to/from 16+ coins and tokens. | 2 testimonials, 100% gave maximal rank
8. changeNOW a Broker started business September, 2017. Unfortunately no fiat payments for your currencies this time, but feel free to swap BTC to/from 42+ coins and tokens.

By the way, exchanges that accept ER, but don't allow fiat payments there are also in this list. So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell bitcoin using the bank account or local payment system from there) or if you are looking for an exchange for someone else, this list will work great for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either

• find the best ones yourself from all offers available at our comparison @ ExchangeRates.Pro. For example, if you are looking for an exchange for Djibouti assuming that you have a local bank account there, an address confirmation, etc: compare rates to buy and sell Bitcoin in Djibouti
• ...or just explore the great websites listed above to find out which one you prefer!

Where to buy BTC

Are you looking for the best place to buy bitcoins? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell BTC, based on your location and preferences.

Where can you buy BTC in Eritrea

At this moment, there are 53 offers to buy Bitcoin in Eritrea. Our software is collecting the statistics about the popularity of specific local banks and payment systems. Usually, the top ones that are the most popular are also very convenient. Otherwise, why would these become so popular? You can choose any of these right away, please be our guest:

• Other Banks in USD: payments by Local Banks. Please note that actually this includes few payment systems. Offered 1 times
• Visa & Mastercard in USD, although can be used in any currency: payments by Credit/Debit Cards. A global payment system, available worldwide. Offered 4 times
• American Express in USD: payments by Credit/Debit Cards. A global payment system, available worldwide. Offered 1 times
• Discover in USD, although can be used in any currency: payments by Credit/Debit Cards. A global payment system, available worldwide. Offered 1 times
• Paypal in USD, although can be used in any currency: payments by e-wallet. Can be also paid from some other countries. Offered 5 times
• Skrill in USD: payments by e-wallet. A global payment system, available worldwide. Offered 3 times
• Other Prepaid Cards in USD, although can be used in any currency: payments by Prepaid Cards. A global payment system, available worldwide. Please note that actually this includes few payment systems. Offered 8 times
• AirTM in USD, although can be used in any currency: payments by Mobile Payments. A global payment system, available worldwide. Offered 1 times
• Cash in Person in USD, although can be used in any currency: payments by Cash Payments. A global payment system, available worldwide. Offered 20 times
• Cash by Mail in USD, although can be used in any currency: payments by Cash Payments. A global payment system, available worldwide. Offered 4 times

Easiest, safest, fastest ways to buy btc worldwide

We've compared a lot of offers to find the top ones; right now we have 52 ways for you to purchase bitcoin available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with US Dollar, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase BTC crypto:

• Western Union in USD Actually it's a multi-currency option, you are supposed to pay by the Money Orders. This way to send fiat money will work worldwide. Eritrea, Ethiopia, Sudan, Djibouti, etc. are covered. Suggested in 3 offers
• MoneyGram in USD Actually it's a multi-currency option, you are supposed to pay by the Money Orders. This way to send fiat money will work worldwide. Eritrea, Djibouti, Ethiopia, Sudan, etc. are covered. Suggested in 2 offers
• SWIFT Transfer in USD Actually it's a multi-currency option, you are supposed to pay by the International Bank Transfers. This way to send fiat money will work worldwide. Eritrea, Ethiopia, Djibouti, Sudan, etc. are covered. Suggested in 2 offers
• Other Local Payments in USD Actually it's a multi-currency option, an international payment system. This way to send fiat money will work worldwide. Eritrea, Djibouti, Ethiopia, Sudan, etc. are covered. Several options are included here. Suggested in 21 offers
• Advanced Cash in USD an international payment system. This way to send fiat money will work worldwide. Eritrea, Sudan, Djibouti, Ethiopia, etc. are covered. Suggested in 5 offers
• Payeer in USD an international payment system. This way to send fiat money will work worldwide. Eritrea, Djibouti, Sudan, Ethiopia, etc. are covered. Suggested in 5 offers
• Paysend in USD Actually it's a multi-currency option, an international payment system. This way to send fiat money will work worldwide. Eritrea, Djibouti, Ethiopia, Sudan, etc. are covered. Suggested in 3 offers
• Transferwise in USD an international payment system. This way to send fiat money will work worldwide. Eritrea, Ethiopia, Djibouti, Sudan, etc. are covered. Suggested in 3 offers
• Perfect Money in USD an international payment system. This way to send fiat money will work worldwide. Eritrea, Djibouti, Ethiopia, Sudan, etc. are covered. Suggested in 2 offers
• WebMoney in USD an international payment system. This way to send fiat money will work worldwide. Eritrea, Ethiopia, Djibouti, Sudan, etc. are covered. Suggested in 2 offers

Where to sell BTC

Even the greatest BTC HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell bitcoins to US Dollar and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.

Where can you sell BTC in Eritrea

There are currently 9 opportunities to cash out your bitcoin coins in ER. You'd likely need to out-exchange the crypto to pay for some local expenses, shopping, etc. It's reasonable to choose the safest and most comfortable option — a local bank you are using, your preferred payment system or cash in your city. Here is our top list of the ways other people in Eritrea prefer to exchange bitcoin to fiat:

• Visa & Mastercard in USD, works with several currencies: you will receive money using the Credit/Debit Cards. Can also send money to any other location. Be careful with such payments at the P2P marketplaces! This type of transfer can be reversed! Proposed by 1 buyers
• Skrill in USD: you will receive money using the e-wallet. Can also send money to any other location. Proposed by 2 buyers
• Paypal in USD, works with several currencies: you will receive money using the e-wallet. Besides, you can transfer money to other countries. Be careful with such payments at the P2P marketplaces! This type of transfer can be reversed! Proposed by 1 buyers
• Paysera in USD: you will receive money using the Mobile Payments. Can also send money to any other location. Proposed by 1 buyers
• AirTM in USD, works with several currencies: you will receive money using the Mobile Payments. Can also send money to any other location. Proposed by 1 buyers
• Xbox Gift Cards in USD, works with several currencies: you will receive money using the Gift Cards. Can also send money to any other location. Proposed by 1 buyers
• iTunes Gift Cards in USD, works with several currencies: you will receive money using the Gift Cards. Can also send money to any other location. Proposed by 1 buyers
• Nintendo eShop Gift Cards in USD: you will receive money using the Gift Cards. Can also send money to any other location. Proposed by 1 buyers

Easiest, safest, fastest ways to sell BTC worldwide

Sometimes you may need to transfer the money to another country. If you are holding BTC, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 25 options to out-exchange the btc to fiat; the most frequently used banks, money transfer operators and global payment systems are:

• Western Union in USD, can be also used with any of other currencies; to any country in the world including Eritrea, Djibouti, Sudan, Ethiopia: the funds will be sent by the Money Orders. You can transfer money wherever you need! Suggested in 2 deals
• MoneyGram in USD, can be also used with any of other currencies; to any country in the world including Eritrea, Ethiopia, Djibouti, Sudan: the funds will be sent by the Money Orders. You can transfer money wherever you need! Suggested in 1 deals
• SWIFT Transfer in USD, can be also used with any of other currencies; to any country in the world including Eritrea, Djibouti, Ethiopia, Sudan: the funds will be sent by the International Bank Transfers. You can transfer money wherever you need! Suggested in 4 deals
• Advanced Cash in USD to any country in the world including Eritrea, Djibouti, Ethiopia, Sudan: a global payment method. You can transfer money wherever you need! Suggested in 6 deals
• Transferwise in USD to any country in the world including Eritrea, Ethiopia, Sudan, Djibouti: a global payment method. You can transfer money wherever you need! Suggested in 2 deals
• Payeer in USD to any country in the world including Eritrea, Sudan, Ethiopia, Djibouti: a global payment method. You can transfer money wherever you need! Suggested in 2 deals
• WebMoney in USD to any country in the world including Eritrea, Sudan, Djibouti, Ethiopia: a global payment method. You can transfer money wherever you need! Suggested in 2 deals
• Paysend in USD, can be also used with any of other currencies; to any country in the world including Eritrea, Djibouti, Sudan, Ethiopia: a global payment method. You can transfer money wherever you need! Suggested in 2 deals
• ePayments in USD to any country in the world including Eritrea, Djibouti, Sudan, Ethiopia: a global payment method. You can transfer money wherever you need! Suggested in 1 deals
• ecoPayz in USD to any country in the world including Eritrea, Sudan, Djibouti, Ethiopia: a global payment method. You can transfer money wherever you need! Suggested in 1 deals

Where to swap BTC

Did you know that it's possible to exchange BTC to 50 other cryptocurrencies? It's possible to convert Bitcoin to/from 100% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 418 swap possibilities with BTC and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap BTC with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first:

• Tether (USDT): that's a popular Stablecoin. There are 23 proposals (12 allow to convert from BTC to USDT and 11 that are converting in opposite direction.
• Ether (ETH): that's a popular Cryptocurrency. There are 21 proposals (11 allow to convert from BTC to ETH and 10 that are converting in opposite direction.
• Ripple (XRP): that's a popular Cryptocurrency. There are 16 proposals (8 allow to convert from BTC to XRP and 8 that are converting in opposite direction.
• Litecoin (LTC): that's a popular Cryptocurrency. There are 16 proposals (8 allow to convert from BTC to LTC and 8 that are converting in opposite direction.
• TRON (TRX): that's a popular Cryptocurrency. There are 14 proposals (7 allow to convert from BTC to TRX and 7 that are converting in opposite direction.
• Dogecoin (DOGE): that's a popular Cryptocurrency. There are 14 proposals (7 allow to convert from BTC to DOGE and 7 that are converting in opposite direction.
• Bitcoin Cash (BCH): that's a popular Cryptocurrency. There are 14 proposals (7 allow to convert from BCH to BTC and 7 that are converting in opposite direction.
• Cardano (ADA): that's a popular Cryptocurrency. There are 13 proposals (7 allow to convert from ADA to BTC and 6 that are converting in opposite direction.
• USD Coin (USDC): that's a popular Stablecoin. There are 12 proposals (6 allow to convert from BTC to USDC and 6 that are converting in opposite direction.
• Wrapped Bitcoin (WBTC): that's a popular Token. There are 12 proposals (6 allow to convert from BTC to WBTC and 6 that are converting in opposite direction.