By
Jordan Tuwiner
Updated April 4, 2024
We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.
Rain
Rain is a crypto exchange focused on serving UAE, Saudi Arabia, Bahrain, Oman and Kuwait. They offer 24/7 support and meet all CCSS requirements as a crypto custodian and is licensed by the Central Bank of Bahrain as a Crypto Asset Brokerage. Visit Rain's Website
Pros
- Middle East Exchange based in Bahrain
- Low fees
- 24/7 customer support
- Licensed by Central Bank of Bahrain
Cons
- Brokerage only - order book coming soon
Ease of Use
Easy
Privacy
Low
Speed
Average
Fees
Low
Reputation
Trusted
Limits
High
BitOasis
BitOasis is a digital currency platform serving the MENA region. Customers can buy bitcoin via wire transfer or credit/debit card in the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Egypt, Morocco, Jordan and Bahrain. UAE clients may also deposit funds via exchange houses.
Pros
- Trusted and regulated company in MENA since 2015
- Local bank deposit option with zero fees
- User friendly interface on Android and iOS
Cons
- Only supports users in MENA
Ease of Use
Easy
Privacy
Low
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High
Paybis
Paybis is a popular cryptocurrency exchange. They serve 180 countries and 48 US states and are registered with FinCEN, making them a more trusted, regulated exchange. Paybis offers incredibly high limits and super fast payouts, not to mention 5 minute ID verification and nearly perfect review scores on Trustpilot.
Pros
- 24/7 live support
- Paybis has extremely high limits
- 5 Minute verification
- Get payouts fast
- Large selection of payment methods
Cons
- No traditional order book for advanced traders
Ease of Use
Easy
Privacy
Low
Speed
Average
Fees
Low
Reputation
Trusted
Limits
High
Bitcoin ATMs
You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%. View Bitcoin ATMs
Pros
- Our map makes it super easy to find a Bitcoin ATM near you
Cons
- Bitcoin ATMs often have 5-10% fees per purchase
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Bitcoin & Cryptocurrency Trading in Qatar
Qatar is a well-developed Middle-Eastern city-state economy with a high quality of living and advanced infrastructure.
Its laws, unfortunately, have not been too friendly to Bitcoin and crypto in recent years. And in January of 2020, the Qatar Financial Centre Regulatory Authority (QFCRA) issued a statement, saying crypto asset services, like exchanges and brokers, may no longer conduct business within or to Qatar.
Qatar city state
That doesn't mean there aren't still ways for Qataris to buy Bitcoin and other cryptos. One of the easiest ways to buy Bitcoin in Qatar is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Qatar, allowing you to select one based on your requirements and preferences using our guide. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before users select one.
Additionally, Bitcoin buyers need to keep in mind that certain exchanges might require you to get a wallet of your own before being able to buy the digital currency. Even if there is no requirement, it is recommended to have a wallet of your own for security reasons (preferably a hardware wallet). If you don’t have a wallet, refer to our guide on the Best Bitcoin and Cryptocurrency Wallets to choose one.
As of January of 2021, there are unfortunately no Bitcoin ATMs in Qatar.
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Best Bitcoin Wallets for Qatar
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Exchange Hacks and Crypto Scams in Qatar
Fake Wissam Al Mana Crypto Ads
Wissam Al Mana, a well-known Qatari billionaire, sued Facebook for defamation in 2020 because his image was used in a cryptocurrency scam. Al Mana did not feel that Facebook reacted effectively in removing the post that included his photo.
This scam has been used in many countries, using the images of famous people to promote a scam cryptocurrency site.
No exchange hacks
As of September 2021, we could find no exchange hacks or scams affecting Qatar or its citizens. We will update this page if/when any news of scams or exchange hacks occur in Qatar.
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FAQ
Does Coinbase work in Qatar?
Citizens of Qatar cannot buy, sell, or trade crypto on Coinbase.
Where Can I Find a Bitcoin ATM in Qatar?
Unfortunately, at this time, there are no Bitcoin ATMs in Qatar.
You can use our Bitcoin ATM finder tool to check back in occasionally and see if one has opened.
What is the price of Bitcoin in Qatar?
Bitcoin prices are changing every second.
The best way to find the most up-to-date price of Bitcoin is to check out our Bitcoin price page.
About the Author
Jordan Tuwiner
Jordan Tuwiner is the founder of BuyBitcoinWorldwide.com. He studied computer science at Towson University and holds an online degree in trading & cryptocurrency. Jordan has been writing about Bitcoin since 2015. His work has been featured in The Guardian, International Business Times, Forbes, VentureBeat, CoinDesk and many other top Bitcoin media outlets.
