How to Buy Cryptocurrency in Iraq
Buying cryptocurrency in Iraq
The situation regarding Bitcoin and cryptocurrencies in Iraq remains quite controversial. The country has not done much to integrate cryptocurrencies into its financial system. In fact, there are no ICOs and no exchange offices located in Iran whatsoever. The information about cryptocurrencies in Iraq is very scarce. Not many sources reveal whether or not cryptocurrencies are safe and legal to use in the country. One way you can purchase Bitcoin in Iraq is through the SpectroCoin cryptocurrency exchange. This online exchange allows people in any location to purchase cryptocurrencies. Thatís how the residents of Iraq can purchase Bitcoin using Payeer, Perfect Money, Skrill, Neteller, and similar payment gateways. However, cryptocurrencies are not adopted across the country so the residents cannot use them to pay for goods and services in brick and mortar stores. Still, there are ways to use cryptocurrencies for online payments if you are located in Iraq.
As of 20/03/2021
These exchanges all accept customers from Iraq. While they broadly offer the same services and you can buy cryptocurrency at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below