Best Crypto Exchanges in Libya for July 2025

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Bybit - Best for active traders (trading fees from 0, strong futures liquidity)
Binance - Best liquidity in top coins (highest BTC and ETH volume, as well as average liquidity)
HTX - Best for beginners (intuitive app, sign-up bonus)
KCEX - Global cryptocurrency exchange focusing on transparency, low fees, and extensive trading options
BTSE - Platform providing spot and derivatives trading with fiat on-ramps and high liquidity

At Traders Union, we evaluate cryptocurrency exchanges in Libya to help traders find safe, reliable, and feature-rich platforms while avoiding unregulated options.

To recommend the top exchanges for Libya, we analyzed 100+ platforms using 140 measurable data points, focusing on security, fees, regulation, usability, and advanced trading tools.

Our transparent Methodology ensures data-driven recommendations, helping both beginners and professionals choose the best crypto trading platforms in Libya

Risk warning: Cryptocurrency markets are highly volatile, with sharp price swings and regulatory uncertainties. Research indicates that 75-90% of traders face losses. Only invest discretionary funds and consult an experienced financial advisor.

Comparison of leading crypto trading platforms in Libya

We compared crypto exchanges based on key factors:

Acceptance of residents from Libya
Minimum deposit
Range of supported cryptocurrencies
Spot maker fee rates

This analysis highlights the top exchanges in Libya, ensuring they meet the needs of both novice and experienced traders.

	Bybit
Accepts residents of Libya	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Minimum deposit, USD	1	No 1 0,01 100	No 1 0,01 100
Coins Supported	638	415 701 673 240	415 701 673 240
Spot maker fee	0,1	0,1 0,2 No 0,2	0,1 0,2 No 0,2
Study review	Study review	Study review Study review Study review Study review	Study review Study review Study review Study review

We have thoroughly evaluated the strengths and weaknesses of the top cryptocurrency exchanges in Libya, providing overall ratings based on our proprietary, data-driven methodology.

Available in Libya

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TU Overall Score 9.2 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	9.7 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	9.3 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	9.8 /10

It has a convenient, intuitive proprietary trading platform that is presented in the browser version, which eliminates conflicts with the operating system and braking when sending orders;
Integration with TradingView allows users to simplify crypto market analysis and trading via a single platform;
Combination of futures and perpetual contracts trading;
There is an order book that allows you to assess the depth of the market and current trading volumes;
It has a minimum entry threshold. The cost of a BTC/USD futures contract is USD 1;
It is possible to open long and short positions with subsequent mutual recalculation;
Opportunities for Muslim traders to participate in the crypto market.

It has conditions for trading futures that are difficult for beginners, such as the formula for calculating the leverage, the terminology of the funding size and the premium index, funding rates, etc.;
Lacks a mechanism to protect the interests of traders in the event of controversial issues;

Available in Libya

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TU Overall Score 8.7 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	7.8 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	8.5 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	9.8 /10

low commissions due to liquidity and trading volumes.
high platform performance;
proprietary BNB Coin which allows Binance to reduce the commission size;
a proprietary cold wallet guarantees the security of your crypto assets by storing them.

complex verification procedure;
the exchange is not licensed by a regulator;
The platform can go offline without warning;
there are complaints about the technical functionality of the platform;
there is an intricate mechanism for calculating commissions and rewards (grid system Maker/Taker).

Available in Libya

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TU Overall Score 8.5 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	6.7 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	7.3 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	9.8 /10

a vast array of trading instruments;
the minimum level is US$1;
the site is integrated for clients worldwide.

lacks a demo account;
few ways to contact support;
the activities of the cryptocurrency exchange are not licensed or regulated by any authority;
clients' financial assets are not protected by segregated accounts or compensation payments in the event of an exchange liquidation;
there are no training materials or courses for users on its website.

Available in Libya

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TU Overall Score 8.3 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	6 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	9.5 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	9.8 /10

Transparent security system with U.S. and Canadian licenses.
Support for spot and futures trading.
User-friendly interface.
Continuous expansion of available trading instruments.

Lack of passive investment options.
No support for fiat currency transactions.

Available in Libya

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TU Overall Score 7.7 /10
User Satisfaction score Overall user experience and feedback based on ease of use, customer support, and platform reliability.	9.5 /10
Commissions and fees score Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.	6.5 /10
Regulation and safety score Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.	7.3 /10

absence of minimum investment requirements;
reduction of transaction fees due to the growth of trading volumes;
several platforms for various traders’ requests such as margin trading, spot transactions, and fast purchase and sale of cryptocurrencies;
prevention of negative balances with Auto-Deleveraging (ADL);
diversity of investment solutions for passive income earning;
broad choice of fiat currencies;
simple registration procedure.

the exchange’s website doesn’t have a chat room for quick connection with tech support, and operators respond by email within 24 hours.

We at Traders Union have over 14 years of experience in financial markets, evaluating cryptocurrency exchanges based on 140+ measurable criteria. Our team of 50 experts regularly updates a Watch List of 200+ exchanges, providing traders with verified, data-driven insights. We evaluate exchanges on security, reliability, commissions, and trading conditions, empowering users to make informed decisions. Before choosing a platform, we encourage users to verify its legitimacy through official licenses, review user feedback, and ensure robust security features (e.g., HTTPS, 2FA). Always perform independent research and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

What are the cheapest crypto exchanges in Libya

To determine the cheapest cryptocurrency exchanges in Libya, we analyzed trading fees of the leading platforms in the region. Specifically, we evaluated maker and taker fees for both spot and futures trading and compared these values against market averages based on an analysis of over 100 exchanges.

Additionally, we reviewed deposit and withdrawal fees to provide a comprehensive assessment of the most cost-effective options for cryptocurrency trading in Libya.

Trading fees:

We compared base-level fees for spot and futures trading, including maker and taker fees. However, exchanges in Libya offer significant discounts for traders as their trading volume increases.

	Bybit		Market average Based on comparing fees across more than 200 cryptocurrency exchanges.
Spot maker fee, %	0,1	0,1 0,2 No 0,2	0.194
Spot taker fee, %	0,1	0,1 0,2 No 0,2	0.157
Futures maker fee, %	0,02	0,02 0,02 No 0,01	0.024
Futures taker fee, %	0,055	0,05 0,05 0,01 0,05	0.053

Deposit and withdrawal fees and payment options

We also compared crypto exchanges deposit and withdrawal fees, as well as the payment methods available in Libya.

	Bybit
Deposit fee	No	No No No No	No No No No
Withdrawal fee	0,000111 ВТС 0,0015 ETH (ERC20)	0-3,5% 0,0005 BTC 0,005 ETH No 0,0005 BTC 0,005 ETH 10 USDT	0-3,5% 0,0005 BTC 0,005 ETH No 0,0005 BTC 0,005 ETH 10 USDT
Bank Wire	Yes	Yes Yes No Yes	Yes Yes No Yes
Bank cards	Yes	Yes Yes No Yes	Yes Yes No Yes
Payment services	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
P2P	Yes	Yes Yes No Yes	Yes Yes No Yes

What are the safest exchanges in Libya

The safety of exchanges in Libya was assessed based on Tier-1 regulation Tier-1 regulation refers to the highest level of financial oversight provided by globally recognized regulatory authorities, ensuring strict compliance with security, transparency, and user protection standards. , security measures (e.g., 2FA, cold wallets), and the absence of successful hacking incidents. Exchanges with Tier-1 regulation are the most reliable, as they comply with strict international standards.

	Bybit
Tier-1 regulation	Yes	Yes Yes Yes No	Yes Yes Yes No
Government-regulated	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
2FA	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Cold wallet storage	Yes	Yes Yes Yes Yes	Yes Yes Yes Yes
Investor protection fund	Yes	Yes Yes No Yes	Yes Yes No Yes

Is crypto market regulated and taxable in Libya

Crypto regulation in Libya

As of 2024, Libya lacks a comprehensive legal framework specifically governing cryptocurrencies. The Central Bank of Libya (CBL) serves as the primary financial regulatory authority. In 2018, the CBL declared virtual currencies like Bitcoin illegal, citing concerns over their potential use in crimes, terrorism financing, and money laundering. Consequently, individuals engaging in cryptocurrency activities are not protected under Libyan law. Despite this prohibition, cryptocurrency usage, particularly Bitcoin mining, has persisted, largely due to Libya's exceptionally low electricity costs. Between September 2019 and April 2020, Libya accounted for approximately 0.6% of global Bitcoin mining operations, surpassing all other Arab and African nations. Currently, there are no specific regulations addressing aspects such as leverage trading or mandates to operate exclusively with local exchanges. Additionally, Libya does not offer deposit insurance funds for cryptocurrency holdings. The regulatory environment remains uncertain, and individuals involved in cryptocurrency activities should exercise caution and stay informed about potential legal implications.

Taxation of cryptocurrencies in Libya

Libya does not have specific tax laws addressing cryptocurrencies. Given the CBL's 2018 declaration rendering virtual currencies illegal, there is no formal tax guidance on income or gains derived from cryptocurrency transactions. In the absence of explicit regulations, it is unclear how existing tax laws apply to activities such as trading, mining, or investing in cryptocurrencies. Individuals and businesses engaging in such activities operate in a legal gray area, lacking clear directives on tax obligations. Due to the evolving nature of cryptocurrency regulation in Libya, it is advisable for participants to consult with tax professionals to ensure compliance with any applicable laws and to stay updated on potential regulatory developments.

Important!

The information on cryptocurrency taxation in Libya is provided for informational purposes only. Be sure to consult a professional for accurate guidance.

Is cryptocurrency trading Halal or Haram?

The permissibility of cryptocurrency trading and investing under Islamic law depends on the nature of the activities and the underlying principles. As noted in halal crypto investing guide, trading and investing in cryptocurrencies can be halal if they adhere to Sharia principles, such as avoiding speculative gambling (maysir), interest (riba), and uncertainty (gharar). For example, investing in projects with clear ethical use cases and real-world applications is generally more acceptable than engaging in high-risk speculative activities.Staking cryptocurrencies, a popular investment method, can also conflict with Islamic principles. Staking often involves earning passive rewards, which may resemble riba, particularly if the rewards are generated without direct involvement or effort. Muslim investors are encouraged to thoroughly evaluate the staking mechanisms and prioritize platforms that align with ethical guidelines. Both trading and investing should focus on transparency, fairness, and supporting projects that contribute positively to society, aligning with Islamic values. Consulting an Islamic finance expert is recommended for clarity on specific investments.

What are the best crypto exchanges for beginners in Libya?

The best crypto exchanges for beginners in Libya offer:

High education scores, providing access to a variety of learning materials for beginners.
P2P trading with a wide range of payment methods and support for the local currency, making it easy to start.
Demo account for risk-free practice before trading real funds.
Passive income options like staking and copy trading to earn without extensive market knowledge.

	Bybit	Binance	HTX
Education	9.23	8.23	8.31
P2P account	Yes	Yes	Yes
Demo account	Yes	Yes	Yes
Staking	Yes	Yes	Yes
Copy trading	Yes	Yes	Yes
Beginner friendly app	Yes	Yes	Yes

How choose the best crypto exchange in Libya?

When choosing a crypto exchange in Libya, consider these essential factors:

Supported Cryptocurrencies

Ensure the exchange supports a wide range of coins, including altcoins and stablecoins, especially if you plan to diversify beyond Bitcoin. A broader selection offers greater flexibility for both trading and investment.
Local Payment Options

Opt for platforms that support local payment methods in Libya, such as bank transfers, mobile money, or local e-wallets. This simplifies deposits and withdrawals while reducing currency conversion fees.
Transparent Fees

Compare trading fees, withdrawal charges, and any hidden costs. Lower fees mean higher profits, so look for exchanges with competitive pricing structures that clearly display all costs upfront.
Robust Security

Prioritize exchanges with strong security measures, including two-factor authentication (Libya), cold storage for funds, and regular audits. Review the platform's history to ensure no major hacking incidents.
Educational Resources

For beginners, exchanges with demo accounts, tutorials, and a strong educational section can help you learn trading strategies and reduce risks.
Customer Support

Reliable customer service is essential, especially for troubleshooting technical or account issues. Choose platforms with 24/7 support and multiple contact methods.

Expert advice for traders in Libya

As a trader, I've found that an intuitive and stable trading interface significantly impacts efficiency. Exchanges that integrate with TradingView or offer customizable charting tools help traders perform better market analysis. Mobile-friendly platforms are also essential for staying updated and making quick decisions on the go. An unreliable or slow platform can lead to missed opportunities, especially during high volatility periods.

Team that worked on the article

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Learn about our editorial policies

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).