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Buying Bitcoin in Venezuela

One of the best arguments for a decentralized currency, the death of the bolivar as a currency, has converted many Venezuelans (and the world) to store value in bitcoin. As the US increases sanctions and Maduro steals whatever is left in Venezuela currently, even crypto currency lovers are laughing at the Petro.

Because of the chaos while many Venezuelans are currently fleeing, the ability to buy Bitcoin after the bolivar collapse is more difficult than most countries currently.

Best Bitcoin Exchanges in Venezuela

While there won’t be an over the counter bitcoin exchange easily accessible in Venezuela until the country becomes more stable, there are still options to buy bitcoin in the country. Many Venezuelans use the Argentina, Columbia and Brazil bitcoin exchanges available while localbitcoins and hodlhodl help fill the void many in Venezuela have for a currency that can be used in other countries.

The best bitcoin exchanges still available for Venezuelans to buy bitcoin are:

More Bitcoin Options in Venezuela

The underground bitcoin network is very real in Venezuela, the crypto traders meetups, Bitcoin Venezuela meetups and Blockchain Venezuela groups are great places to meet bitcoin people in the country. The Colombia, Peru and Brazil bitcoin exchanges and meetups are also great places for crypto currency.