Top Crypto Exchanges in Saudi Arabia: A Comparative Guide



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Bybit - Best for active traders (trading fees from 0, strong futures liquidity)
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MEXC - Best for additional futures trading opportunities (numerous events and regular competitions)
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OKX - Best automated trading solutions (copy trading, easy bot integration)
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Binance - Best liquidity in top coins (highest BTC and ETH volume, as well as average liquidity)
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Bitget - Best for diverse social trading (spot, futures, and bot copy trading with low fees)
At Traders Union, we evaluate cryptocurrency exchanges in Saudi Arabia to help traders find safe, reliable, and feature-rich platforms while avoiding unregulated options.
To recommend the top exchanges for Saudi Arabia, 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 Saudi Arabia
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 Saudi Arabia
We compared crypto exchanges based on key factors:
- Acceptance of residents from Saudi Arabia
- Minimum deposit
- Range of supported cryptocurrencies
- Spot maker fee rates
This analysis highlights the top exchanges in Saudi Arabia, ensuring they meet the needs of both novice and experienced traders.
Bybit | |||
---|---|---|---|
Accepts residents of Saudi Arabia |
Yes
|
Yes
Yes
Yes
Yes
|
Yes
Yes
Yes
Yes
|
Minimum deposit, USD | 1 |
1
10
No
10 EUR
|
1
10
No
10 EUR
|
Coins Supported | 638 | 2276 329 415 831 | 2276 329 415 831 |
Spot maker fee | 0,1 |
No
0,08
0,1
0,1
|
No
0,08
0,1
0,1
|
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 Saudi Arabia, providing overall ratings based on our proprietary, data-driven methodology.
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;
TU Overall Score 9.1 /10 | |
---|---|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
7.6
/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.
|
5.3
/10
|
- 120+ cryptocurrencies for trading;
- receive additional income through staking and holding;
- an affiliate program with income up to 80% of the deposit of the invited trader.
- withdrawal fees (0.0005 BTC for Bitcoin);
- lack of support for fiat currencies for trading;
- no MAM or PAMM accounts;
- mandatory verification.
TU Overall Score 8.9 /10 | |
---|---|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
7.3
/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.
|
7.5
/10
|
- The availability of various investment programs.
- Proprietary educational academy with useful materials.
- Wide range of cryptocurrencies.
- The exchange is multilingual and available in 20 languages.
- A mobile app is available.
- The exchange uses cold and hot wallets with a high-security level.
- The company offers cryptocurrency listing services.
- Trading and depositing in fiat currencies are not available.
- Few ways to contact client support
- The company is unlicensed and unregulated.
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).
TU Overall Score 8.7 /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.
|
7.5
/10
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
10
/10
|
- availability of demo accounts;
- convenient ways to contact the support service;
- a wide range of cryptocurrencies for account replenishment;
- service of copying trades for receiving passive income;
- ability to reduce commissions using credits earned in the bonus program;
- ability to engage in algorithmic trading;
- educational materials for novice traders on the exchange website;
- the exchange uses hot and cold cryptocurrency wallets to store client funds;
- deposits and withdrawals in fiat currencies.
- no.
Why trust us
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 Saudi Arabia
To determine the cheapest cryptocurrency exchanges in Saudi Arabia, 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 Saudi Arabia.
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Trading fees:
We compared base-level fees for spot and futures trading, including maker and taker fees. However, exchanges in Saudi Arabia 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 No0,08 0,1 0,10.194 Spot taker fee, % 0,1 0,05 0,1 0,1 0,1 0.157 Futures maker fee, % 0,02 No0,02 0,02 0,020.024 Futures taker fee, % 0,055 0,02 0,05 0,05 0,06 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 Saudi Arabia.
Bybit Deposit fee NoNoNoNoNoNoNoNoNoWithdrawal fee 0,000111 ВТС
0,0015 ETH (ERC20)0,0003 BTC 0,0004 BTC
2,6 USDT 0-3,5% 0,00005 BTC
0,00064 ETH0,0003 BTC 0,0004 BTC
2,6 USDT 0-3,5% 0,00005 BTC
0,00064 ETHBank Wire YesYesNoYesYesYesNoYesYesBank cards YesYesYesYesYesYesYesYesYesPayment services YesYesYesYesYesYesYesYesYesP2P YesYesYesYesYesYesYesYesYes
What are the safest exchanges in Saudi Arabia
The safety of exchanges in Saudi Arabia 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
|
No
No
Yes
Yes
|
No
No
Yes
Yes
|
Government-regulated |
Yes
|
No
Yes
Yes
Yes
|
No
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
|
No
Yes
Yes
Yes
|
No
Yes
Yes
Yes
|
Is crypto market regulated and taxable in Saudi Arabia
Crypto regulation in Saudi Arabia
As of January 2025, Saudi Arabia maintains a cautious stance toward cryptocurrencies. The Saudi Central Bank (SAMA) has issued warnings about the risks associated with trading digital assets, emphasizing that they are not recognized as legal tender within the Kingdom. In 2018, the government prohibited banks from processing transactions involving cryptocurrencies, effectively restricting their integration into the formal financial system. Despite these measures, there are currently no explicit legal penalties for individuals engaging in cryptocurrency trading. However, investors are advised that they do so without financial protections and at their own risk. There are no specific regulations concerning leverage or mandates to operate exclusively with local exchanges. Additionally, cryptocurrencies are not covered by any deposit insurance schemes, leaving investors unprotected in cases of exchange failures or fraud.Taxation of cryptocurrencies in Saudi Arabia
Saudi Arabia does not impose personal income taxes on individuals; instead, it implements a Zakat system, an Islamic form of almsgiving. Consequently, there is no specific taxation framework for cryptocurrency holdings or transactions for individual investors. For corporations, the tax obligations depend on ownership structure: Saudi-owned entities are subject to Zakat, while foreign-owned entities may be liable for corporate income tax. As the regulatory environment evolves, businesses and individuals involved in cryptocurrency activities should stay informed about potential changes to tax policies and ensure compliance with existing financial regulations.The information on cryptocurrency taxation in Saudi Arabia 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 Saudi Arabia?
The best crypto exchanges for beginners in Saudi Arabia offer:
Bybit | MEXC | OKX | |
---|---|---|---|
Education | 9.23 | 6.98 | 7.13 |
P2P account |
Yes
|
Yes
|
Yes
|
Demo account |
Yes
|
No
|
Yes
|
Staking |
Yes
|
Yes
|
Yes
|
Copy trading |
Yes
|
Yes
|
Yes
|
Beginner friendly app |
Yes
|
Yes
|
Yes
|
How choose the best crypto exchange in Saudi Arabia?
When choosing a crypto exchange in Saudi Arabia, consider these essential factors:
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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.
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Local Payment Options
Opt for platforms that support local payment methods in Saudi Arabia, 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 (Saudi Arabia), cold storage for funds, and regular audits. Review the platform's history to ensure no major hacking incidents.
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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 Saudi Arabia
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.
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Also, Andrey is a member of the National Union of Journalists of Ukraine (membership card No. 4574, international certificate UKR4492).
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).