Top Crypto Exchanges in Syria: A Comparative Guide
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Nexo - A cryptocurrency exchange supporting 100+ digital assets, featuring crypto-backed lending and yields of up to 13% APR in Flexible Savings and up to 15% APR in Fixed-term Savings.
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Tapbit - Crypto platform providing spot and futures trading with high liquidity
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YEX - A platform for exchanging, buying, and selling more than 110 cryptocurrencies, along with spot and futures trading, copy trading, and automated trading using AI bots.
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BYDFi - Cryptocurrency exchange providing spot, futures, and copy trading services
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Hotcoin - Australian-based cryptocurrency exchange offering spot and futures trading on 300+ cryptocurrencies
At Traders Union, we evaluate cryptocurrency exchanges in Syria to help traders find safe, reliable, and feature-rich platforms while avoiding unregulated options.
To recommend the top exchanges for Syria, 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 Syria
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 Syria
We compared crypto exchanges based on key factors:
- Acceptance of residents from Syria
- Minimum deposit
- Range of supported cryptocurrencies
- Spot maker fee rates
This analysis highlights the top exchanges in Syria, ensuring they meet the needs of both novice and experienced traders.
| Nexo | |||
|---|---|---|---|
| Accepts residents of Syria |
Yes
|
Yes
Yes
Yes
Yes
|
Yes
Yes
Yes
Yes
|
| Minimum deposit, USD |
No
|
1 5 10 5 | 1 5 10 5 |
| Coins Supported | 100 | 359 500 400 500 | 359 500 400 500 |
| Spot maker fee | 0.04 | 0.1 Not supported 0.1 0.2 | 0.1 Not supported 0.1 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 Syria, providing overall ratings based on our proprietary, data-driven methodology.
| TU Overall Score 7.6 /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.
|
8.8
/10
|
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
10
/10
|
- Crypto-Backed Credit Lines: Access to immediate liquidity through loans secured by cryptocurrency collateral without the need to liquidate underlying assets.
- Yield on Digital Assets: Competitive returns through Flexible Savings (up to ~13% APR) and Fixed-term Savings (up to ~15% APR).
- Daily Interest Accruals: Daily compounding interest with the benefit of anytime withdrawals for Flexible account holders.
- Multi-Asset Support: Comprehensive support for a diverse range of digital assets for custody, exchange, and yield generation.
- Integrated Digital Wallet: A secure, unified wallet for the transmission, receipt, and management of both cryptocurrencies and fiat currencies.
- Nexo Card Integration: Ability to execute everyday transactions via a credit line secured by crypto assets, preserving the user's long-term holdings.
- Instant Execution: Seamless, near-instantaneous purchase, sale, and exchange operations within the internal ecosystem.
- Tiered Loyalty Program: A structured loyalty system (Base, Silver, Gold, and Platinum levels) that determines interest rates and lending terms.
- NEXO Token Incentives: Option to receive interest payouts in NEXO tokens to achieve enhanced yield rates.
- Mobile Management: Full access to a dedicated mobile application for real-time asset management and transaction monitoring.
- Fiat Interoperability: Support for traditional banking transfers, including SEPA, facilitating efficient fiat on-and-off-ramp operations.
- Automated Collateral Management: Real-time automated oversight of credit lines and collateralization ratios.
- Educational Resources: The exchange provides limited educational materials regarding digital asset operations on its official website.
- Tier-Based Terms: Yield rates and lending conditions are contingent upon the account level and the proportion of NEXO tokens held within the user's portfolio.
| TU Overall Score 7.4 /10 | |
|---|---|
|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
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.
|
8.8
/10
|
- Cryptos can be bought for 45 fiat currencies;
- Popular deposit and withdrawal methods are available;
- Trading a wide range of cryptocurrency pairs incurs competitive fees;
- Intuitive browser platform and mobile app with simple interface are available;
- Tapbit Earn service offers passive income up to 30% per annum;
- The copy trading service includes many signal providers with competitive fees.;
- High liquidity and leverage up to 1:150 for derivatives;
- New clients can receive a bonus of up to USDT 320 subject to their deposits and trading volumes;
- Tapbit is licensed by the National Futures Association (NFA) and the Financial Services Authority of St. Vincent and the Grenadines (SVGFSA);
- Advanced user data and funds protection methods are used.
- Phone support is not available;
- There are no analytical tools and educational programs;
- Tapbit doesn’t provide its services to residents of the U.S., Cuba, China, and some other countries.
| TU Overall Score 7.2 /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.
|
8.5
/10
|
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
7.5
/10
|
- A broad set of services including spot trading, perpetual futures, margin trading, and swap exchange.
- Web trading platforms based on TradingView for Spot, Advanced, and Futures, as well as mobile applications.
- Buying and selling cryptocurrencies with fiat through third-party services.
- Tools for earning passive income such as staking, copy trading, and an affiliate program.
- Low minimum deposit requirements for a spot account starting from 5 USDT.
- Online chat on the YEX website with access to a bot and live support agents.
- Registration in jurisdictions with relatively soft requirements. Costa Rica and Panama are less strict toward financial companies than the EU, the U.S., the U.K., or the UAE.
- The minimum amount for buying cryptocurrency is $50 or EUR 30, which may be inconvenient for beginners.
- Periodic freezes of the web interface for spot trading.
| TU Overall Score 7 /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.
|
8.8
/10
|
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
9.8
/10
|
- Possibility to start trading without the KYC (Know Your Client) procedure;
- Simple registration of a user account and functional interface for funds and trades management;
- Minimum initial deposit is USDT 10;
- Wide choice of cryptocurrencies with high leverage;
- Perpetual USDT-M and COIN-M contracts are available;
- Demo account with virtual $50,000 is provided;
- Client deposits and funds are held in cold wallets.
- The exchange doesn't accept fiat currencies directly, requiring traders to pay fees to intermediaries for deposits from bank cards;
- BYDFi users cannot earn income from cryptocurrency staking;
- There is no quality education for novice traders.
| TU Overall Score 6.6 /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.
|
6.3
/10
|
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
9.8
/10
|
- Regulatory registrations in Australia, including AUSTRAC DCE/RSR and FinCEN MSB;
- Low fees for spot trading and futures;
- Maximum leverage of 1:10 for margin trading;
- User-friendly trading platform available in desktop, web, and mobile versions.
- Limited support for fiat currencies;
- Low liquidity for certain crypto pairs.
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What are the cheapest crypto exchanges in Syria
To determine the cheapest cryptocurrency exchanges in Syria, 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 Syria.
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Trading fees:
We compared base-level fees for spot and futures trading, including maker and taker fees. However, exchanges in Syria offer significant discounts for traders as their trading volume increases.
Nexo Market average Based on comparing fees across more than 200 cryptocurrency exchanges. Spot maker fee, % 0.04 0.1 Not supported 0.1 0.2 0.194 Spot taker fee, % 0.07 0.1 Not supported 0.1 0.2 0.157 Futures maker fee, % — 0.02 Not supported 0.02 0.02 0.024 Futures taker fee, % 0.03 0.06 Not supported 0.02 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 Syria.
Nexo Deposit fee NoNoNot specifiedNoNoNoNot specifiedNoNoWithdrawal fee Network fees apply 0.00022 BTC
0.0009 ETH Not specified 0.0001 ВТС
0.0017 ETH 0.0005 ВТС
0.0001 ЕТН0.00022 BTC
0.0009 ETH Not specified 0.0001 ВТС
0.0017 ETH 0.0005 ВТС
0.0001 ЕТНBank Wire YesYesNoYesNoYesNoYesNoBank cards YesYesYesNoNoYesYesNoNoPayment services YesYesYesYesYesYesYesYesYesP2P NoYesYesNoYesYesYesNoYes
What are the safest exchanges in Syria
The safety of exchanges in Syria 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.
| Nexo | |||
|---|---|---|---|
| Tier-1 regulation |
Yes
|
Yes
No
Yes
Yes
|
Yes
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
|
Yes
Yes
No
Yes
|
Yes
Yes
No
Yes
|
Is crypto market regulated and taxable in Syria
Crypto regulation in Syria
As of January 2025, Syria lacks a specific legal framework governing cryptocurrencies. The Central Bank of Syria (CBS) serves as the primary financial regulatory authority and has historically exhibited a cautious stance toward digital currencies, citing concerns over financial stability and potential misuse in illegal activities. In May 2018, the CBS issued a warning advising citizens against dealing with virtual currencies, highlighting the absence of official backing and regulatory oversight. Consequently, cryptocurrencies operate in a legal gray area, with no explicit prohibitions or endorsements. There are currently no specific restrictions on leverage trading or requirements to operate exclusively with local exchanges. Additionally, Syria does not offer deposit insurance funds for cryptocurrency holdings. However, in late 2024, the Syrian Center for Economic Research (SCER) proposed a plan to legalize Bitcoin and digitize the Syrian pound using blockchain technology, aiming to stabilize the economy and attract investment. This proposal includes legalizing Bitcoin for trading, mining, and financial transactions, as well as creating a digital Syrian pound backed by assets like gold, U.S. dollars, and Bitcoin. As of now, this proposal remains under consideration, and no formal regulatory changes have been implemented.Taxation of cryptocurrencies in Syria
Syria currently lacks specific tax laws or guidelines addressing cryptocurrencies. The absence of a defined legal framework results in uncertainties for individuals and businesses regarding their tax obligations related to digital assets. Without clear directives from tax authorities, it is unclear how existing tax laws apply to activities such as trading, mining, or investing in cryptocurrencies. The SCER's recent proposal to integrate Bitcoin into the economy includes considerations for establishing a regulatory framework that would encompass taxation policies for digital assets. However, until such proposals are enacted into law, the taxation of cryptocurrencies in Syria remains ambiguous. Individuals and businesses engaging in cryptocurrency transactions should exercise caution and consult with legal and tax professionals to navigate the current uncertainties and ensure compliance with any applicable laws.The information on cryptocurrency taxation in Syria 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 Syria?
The best crypto exchanges for beginners in Syria offer:
| Tapbit | YEX | Hotcoin | |
|---|---|---|---|
| Education | 5.2 | 3.5 | 6 |
| P2P account |
Yes
|
Yes
|
Yes
|
| Demo account |
Yes
|
No
|
Yes
|
| Staking |
No
|
Yes
|
Yes
|
| Copy trading |
Yes
|
Yes
|
Yes
|
| Beginner friendly app |
Yes
|
Yes
|
Yes
|
How choose the best crypto exchange in Syria?
When choosing a crypto exchange in Syria, 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 Syria, such as bank transfers, mobile money, or local e-wallets. This simplifies deposits and withdrawals while reducing currency conversion fees.
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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.
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Robust Security
Prioritize exchanges with strong security measures, including two-factor authentication (Syria), 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.
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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 Syria
Beyond structured education, engaging with experienced traders in exchange-hosted communities, Telegram groups, and Discord channels provides real-time market insights and strategy discussions. These interactions help traders stay updated on breaking news, technical analysis, and potential trade setups.
Additionally, some exchanges host demo accounts and paper trading features, allowing beginners to practice strategies without risking capital. More advanced traders benefit from on-chain analytics, and trading signal integrations. Leveraging a well-rounded educational ecosystem can give traders the knowledge and confidence to navigate volatile crypto markets effectively.
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Team that worked on the article
Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018.
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.
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.