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Buy Bitcoin in Lebanon

As 2020 turns out to be a great year for protesting globally, Lebanon has doing it back in 2019 BEFORE it was just another western trend like tiktok. Back in January of 2019, Banque du Liban issued a circular requiring Western Union and other non-financial institutions to cash out in Lebanese Pound, even if funds were sent in US dollars.

This started the initial bank run but as 2020 started, bank customers had already spent a year trying to get funds from banks that didn’t have enough money.

btc-lebanon-protest

Bitcoin Exchanges in Lebanon

Normally, there is a decent list of local exchanges available with KYC (know your customer) in place that connects to banking within a country, not Lebanon. Since the protests are kind of about the banks there, it’s primarily purchasing with cash (not Lebanon Pound, don’t be crazy now), credit card or gift cards for bitcoin purchasing.

The best places to buy bitcoin in Lebanon in 2020 are:

 Lebanon ExchangesTypeKYCCurrencies 
CoindirectPeer to PeerYesLBP, USD, GBP, EUR
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HodlHodlPeer to Peer BTC Exchange / Trading PlatformNoEUR, USD
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PaxfulAnonymous Bitcoin PurchasesNoWestern Union, MoneyGram, Visa Prepaid Cards, Amazon Gift Cards
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LocalBitcoinsPeer to Peer Bitcoin Buying and SellingYesLBP, USD, GBP, EUR
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RemitanoPeer to Peer Yes LBP, USD, RUB, EUR
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BISQAnonymous Person to Person Exchange / Trading Platform NoAUD, CAD, EUR, GBP, INR, JPY, NZD, RUB, SEK, ZAR (More)
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