Summary
Tunisia maintains a complex relationship with cryptocurrencies. While crypto trading is not explicitly illegal, the Central Bank of Tunisia has issued warnings against cryptocurrency usage. The Tunisian dinar (TND) is supported by select crypto exchanges, with bank transfers and credit cards being the primary payment methods. The Central Bank of Tunisia (BCT) serves as the key regulatory body overseeing financial activities. Here are the best crypto exchanges in Tunisia:
Best Crypto Exchanges in Tunisia
When selecting crypto exchanges in Tunisia, investors need to consider various factors including payment methods, supported cryptocurrencies, and regulatory compliance. The Tunisian dinar (TND) is accepted by several major exchanges, with bank transfers and credit cards being the primary deposit methods for local users.
1. KuCoin
Users:
30m
Free Demo:
Mobile App:
Bonus
$10,500
Cryptos:
800+
Leverage:
125x
Spot Fees:
0.1%
Futures Fees:
0.02%/0.06%
Pros
- Beginner friendly
- 800+ supported crypto assets
- 125x leverage and deep liquidity
- 20+ fiat currencies
- Great 24/7 customer support
Cons
- Lacks advanced features
- Not the best liquidity
- Regulatory issues in the US
- Variable spot fees
Overview
Kucoin focuses on offering the best spot trading experience. With over 800 supported cryptos on the spot market, Kucoin is one of the most versatile crypto exchanges when it comes to supported assets. You can trade popular cryptos such as Bitcoin or Ethereum but also less-known cryptos and even meme coins. If you are on the hunt for new and shiny coins that are not popular yet, Kucoin might be your best shop.
Spot fees on Kucoin are relatively average, ranging from 0.1% to 0.32% based on the liquidity of the asset. Futures trading on Kucoin starts at a maker fee of 0.02% and a taker fee of 0.06%.
Kucoin has integrated and ready-to-use crypto grid trading bots to automate your income. You can set up grid bots based on several parameters to trade for you 24/7.
2. Bybit
Users:
40m
Free Demo:
Mobile App:
Bonus
$30,000
Cryptos:
600+
Leverage:
100x
Spot Fees:
0.1%
Futures Fees:
0.02%/0.055%
Pros
- Low fees
- 600+ supported crypto assets
- 100x leverage and deep liquidity
- Advanced order types and additional features
- Great 24/7 customer support
- Automated copy trading
Cons
- Regulatory uncertainty in Europe and USA
- May be confusing for beginners
- Cryptocurrency investments carry high risks
Overview
Bybit stands out as one of the most advanced crypto exchanges with deep liquidity and low fees. Bybit users can trade Spot, Futures, Options, NFTs, and even Inscriptions. Additionally, Bybit offers copy trading and bot trading to automate your income streams. Bybit copy trading is one of the best in the crypto industry.
Where Bybit excels is its derivatives platform with 320+ perpetual futures contracts and up to 100x leverage. With advanced order types such as TWAP or Iceberg orders, Bybit caters to experienced traders seeking the best options.
On the spot market, Bybit supports over 500 cryptos and up to 10x margin, making Bybit a versatile crypto exchange.
With low fees of 0.1% maker and 0.1% taker for spot trading and 0.02% maker and 0.055% taker for futures trading, Bybit has highly competitive fees. To top it all off, Bybit offers fee discounts based on your 30-day trading volume. The more you trade, the more you save.
3. Binance
Users:
200m
Free Demo:
Mobile App:
Bonus:
$100
Cryptos:
400+
Leverage:
125x
Spot Fees:
0.1%
Futures Fees:
0.02%/0.05%
Pros
- Most comprehensive crypto exchange
- Most advanced features and products
- 24/7 customer support
- 400+ cryptocurrencies
- Reputable with over 200 million users
- Best liquidity
Cons
- Not beginner friendly
- Restricted in many regions due to regulations
- EU traders must use BNFCR for futures trading
Overview
Reaching over 200 million registered users in 2024, Binance is by far the largest crypto exchange in the world. The platform is incredibly comprehensive, offering crypto traders all the tools they need to make a profit in the crypto market.
With over 400 cryptocurrencies to trade, leverage of up to 125x, directly integrated charts from TradingView with tons of technical analysis tools, and many more features, Binance has secured its spot as one of the best crypto exchanges.
Binance offers a wide variety of products, including spot, margin, futures, and options trading, staking, lending, P2P, automated bot trading, copy trading, and even an NFT marketplace. It is safe to say that crypto geeks will find everything they are looking for on Binance.
The trading fees on Binance are very affordable. Binance charges 0.1% trading fees on the spot market (makers and takers alike), which is the industry standard. Where Binance excels is the futures market with fees of only 0.02% for makers and 0.05% for takers.
4. Kraken
Users:
10m
Free Demo:
Mobile App:
Bonus:
None
Cryptos:
220+
Leverage:
100x
Spot Fees:
0.25%/0.4%
Futures Fees:
0.02%/0.05%
Pros
- Very beginner-friendly
- Low futures trading fees
- Free demo trading
- Fiat supported
- 24/7 customer support
- Fully regulated
Cons
- High spot trading fees
- Lacks advanced features
- Poor liquidity for futures trading
- Complicated Demo trading
Kraken Overview
Kraken stands out as one of the most beginner-friendly crypto exchanges. With an easy to understand UI, simple features, and a straightforward approach, Kraken has onboarded over 10 million users to its platform from all around the world.
Spot traders can access over 220 cryptocurrencies for buying and selling. For traders seeking more buying power, Kraken offers a leverage trading platform with up to 50x leverage on selected assets such as BTC.
In terms of fees, Kraken has a different approach for spot and futures trading. While spot trading fees are relatively high (0.25% maker and 0.4% taker), the futures fees are very low (0.02% maker and 0.05% taker). Based on your 30-day trading volume, you can obtain additional fee discounts.
What we love about Kraken is its comprehensive fiat support. You can deposit funds using your credit card or bank transfer. Once you are done trading, you can withdraw fiat currencies such as EUR or USD back to your personal bank account to lock in your profits.
5. OKX
Users:
50m
Free Demo:
Mobile App:
Bonus:
$10
Cryptos:
350+
Leverage:
100x
Spot Fees:
0.14%/0.1%
Futures Fees:
0.01%/0.06%
Pros
- Highly efficient trading platform
- 350+ assets
- Free demo trading
- Fiat supported
- 24/7 customer support
Cons
- Not available in the US
- Not beginner-friendly
- Limitations and restrictions in Europe
OXK Overview
OKX is the third largest crypto exchange sorted by daily derivatives volume. This is no surprise since OKX’s focus lies in offering a high-efficiency leverage trading experience. While the UI is not necessarily beginner-friendly, it is one of the fastest and most reliable platforms we have come across.
Over 300 coins are supported on OKXs spot market while 250 contracts are available for futures trading with up to 100x leverage. What makes OKX stand out is its extensive liquidity which are without a doubt at the top of the game.
With low futures fees starting at 0.02% maker and 0.05% taker, OKX ensures a cost efficient derivatives trading environment. Spot trading fees however are on the more expensive side starting at 0.14% for makers and 0.23% for takers.
You can easily deposit funds using your credit/debit card. Additionally, you can deposit and withdraw fiat using your personal bank account, making OKX a reliable platform for on- and off-ramp funds.
Is Crypto Legal and Regulated in Tunisia?
Cryptocurrency regulation in Tunisia exists in a legal gray area. The Central Bank of Tunisia (BCT) issued a statement in 2017 warning against the risks of cryptocurrency transactions. The bank emphasized that virtual currencies are not legal tender in Tunisia and are not issued or regulated by any official authority.
The Financial Market Council (CMF) has also expressed concerns about cryptocurrency investments, particularly regarding potential risks of fraud and market manipulation. While there is no explicit ban on cryptocurrency trading, financial institutions are prohibited from handling cryptocurrency transactions.
Tunisia’s current regulatory framework focuses on traditional financial services, with the Ministry of Finance maintaining oversight of monetary policy and financial regulations. The country’s stance on cryptocurrencies remains cautious, with authorities monitoring developments in the digital asset space.
Is Crypto Taxable in Tunisia?
The taxation of cryptocurrencies in Tunisia remains unclear due to the absence of specific cryptocurrency tax legislation. According to the Tunisian Tax Authority, general income tax principles may apply to cryptocurrency gains.
Under current tax laws, income from trading activities may be subject to the standard income tax rates, ranging from 0% to 35%. Capital gains from cryptocurrency trading could potentially fall under the category of movable property gains, which are typically taxed at 25%.
The Tunisian Customs Authority requires declaration of significant cryptocurrency holdings when entering or leaving the country, although specific thresholds are not clearly defined.
Disclaimer:
Tax laws are subject to change, and individual circumstances may vary. It is strongly advised to consult with a qualified tax professional or financial advisor for personalized guidance on cryptocurrency taxation in Tunisia.
How to Buy Crypto in Tunisia
Purchasing cryptocurrency in Tunisia requires careful consideration of available platforms and payment methods. KuCoin offers a reliable platform for Tunisian investors, supporting multiple payment options and providing access to various cryptocurrencies.
- Choose a cryptocurrency exchange that accommodates Tunisian users and offers appropriate payment options. Ensure to check KYC requirements and available trading pairs.
- Complete the registration process and verify your identity according to the platform’s guidelines.
- Fund your account using Tunisian dinars via bank transfer, credit card, or P2P trading platforms.
- Select your desired cryptocurrency (Bitcoin, Ethereum, USDT) and check the current market prices.
- Execute your trade by specifying the amount and confirming the transaction.
- Move the acquired cryptocurrencies to a secure wallet for long-term storage.
Popular payment methods in Tunisia include bank transfers through local banks, international credit cards, and P2P trading platforms that enable direct transactions between users.
Best Crypto Wallets in Tunisia
Selecting a reliable cryptocurrency wallet is crucial for investors in Tunisia. Hardware wallets offer the utmost security for long-term asset storage:
- Ledger – The benchmark in hardware security, compatible with over 5000 cryptocurrencies
- Trezor – A user-friendly open-source hardware wallet
For those using mobile and desktop devices, software wallets provide ease of use and accessibility:
- Trust Wallet – A mobile wallet that includes a DApp browser and staking features
- Exodus – A desktop wallet featuring integrated exchange capabilities
- MetaMask – A browser extension wallet tailored for Ethereum and ERC-20 tokens
Bottom Line
For Tunisian investors seeking the best crypto exchanges in Tunisia, KuCoin stands out as the top choice, offering extensive cryptocurrency options and competitive fees. Bybit follows as a strong alternative, providing reliable trading services and multiple payment methods for Tunisian users. These platforms combine security, functionality, and accessibility, making them the leading options for cryptocurrency trading in Tunisia.
