5 Best Crypto Exchanges in Pakistan

List of Top Crypto Trading Platforms in Pakistan

How FXEmpire Chose the Best Crypto Platforms in Pakistan?

• Regulations: As Pakistan does not yet have a crypto regulatory framework, we prioritized exchanges licensed and regulated in major regions like the US, EU, and UK to ensure higher operational standards and user protection.
• PKR Support: We compared on- and off-ramp methods for Pakistani Rupee, favoring platforms that support both P2P and Quick Buy for easier fiat access.
• Localization: We looked for localized features such as Urdu language support, PKR payment options, and customer service tailored to users in Pakistan to improve usability.
• Security and Transparency: We assessed each platform’s security setup, including cold storage, 2FA, withdrawal whitelists, and Proof of Reserves. Strong protection and transparency are essential for user trust.
• Trading Tools and Interface: We tested the desktop and mobile experience on each exchange, prioritizing intuitive design and beginner-friendly layouts with access to charting tools and advanced order types.
• Crypto Selection: We compared the number of supported spot tokens and futures markets. Platforms with broader selections accommodate more traders and strategies.
• Low Fees: We reviewed both trading and non-trading fees, highlighting platforms with competitive rates and flagging those with higher-than-average charges.
• Liquidity: We analyzed order book depth and daily trading volume. Platforms with high liquidity offer smoother order execution and lower slippage, especially in volatile markets.
• Customer Support: We tested support responsiveness across live chat, email, and help centers. Platforms with fast, helpful service and well-developed FAQ sections ranked higher.

Best Crypto Exchanges in Pakistan Comparison Table

How to Choose the Best Crypto Exchange in Pakistan?

Is Crypto Legal in Pakistan?

Cryptocurrency is not officially legal or regulated in Pakistan. The State Bank of Pakistan (SBP) has issued several warnings and a 2018 directive prohibiting banks and financial institutions from processing crypto-related transactions.

However, in July 2025, Pakistan established its Virtual Assets Regulatory Authority (PVARA) to oversee digital assets and develop a legal framework aligned with global standards.

Are Crypto Profits Taxed in Pakistan?

Currently, Pakistan lacks a clear tax framework for cryptocurrencies. Since crypto isn’t officially recognized as legal tender or an asset class, taxing crypto remains uncertain.

However, depending on future regulations, capital gains from crypto might be taxed similarly to other investment types. We recommend traders keep records of trades in case tax rules change or are enforced retroactively.

Can I Deposit PKR to Crypto Exchanges from a Pakistani Bank?

No, direct PKR deposits to international crypto exchanges through Pakistani bank accounts are prohibited under the directives of the State Bank of Pakistan. Therefore, most Pakistani users rely on P2P trading platforms or utilize third-party payment providers to convert PKR into cryptocurrency.

What Security Features Should Pakistani Traders Look For in an Exchange?

Security should be each trader’s top priority when choosing an exchange. We recommend looking for these key features:

• Regulation: Use exchanges licensed by major financial authorities such as FinCEN in the US or MiCA in Europe.
• Reputation: Research past security breaches and transparency practices. Asset Custody: Choose platforms with cold storage, insurance coverage, and third-party security certifications like ISO or SOC.
• Proof of Reserves: Opt for exchanges that publish regular, real-time reserve audits to verify solvency.
• Security Tools: Make sure the platform supports 2FA, biometric login, withdrawal whitelisting, and instant activity alerts.

What Are the Average Trading Fees on Popular Crypto Platforms in Pakistan?

Trading fees vary by exchange, trading volume, and VIP level. Below is a general overview of base fees you can expect:

Is P2P Crypto Trading Legal in Pakistan? How Is It Regulated?

P2P trading is one of the most common ways Pakistani users buy crypto, especially given the restrictions on banks facilitating crypto-related transactions.

While not officially regulated or legalized, P2P trading is not explicitly criminalized for individuals. However, the lack of formal oversight means users bear full responsibility for avoiding fraud. We strongly recommend using only well-known platforms that offer escrow services and verified merchants.

What Common Crypto Scams Target Pakistani Users?

Pakistani users are often targeted by scams such as Ponzi schemes promising high returns and fake investment apps and wallets. There’s also a rise in fraudulent “trading signal” groups run by so-called social media gurus, who lure users with unrealistic profit claims and require sign-ups to private Telegram channels.

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