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They are a good local option for users looking to buy bitcoin on a local exchange.
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Bitcoin is illegal in the kingdom.
Saudi arabia's ban on bitcoin is unlikely to last by@reputio. Saudi arabia, algeria, bolivia to name a few. State officials and finance watchdogs in saudi arabia have made it officially illegal for citizens to partake in any form of cryptocurrency trading or exchange in the country. 0.5% fee on all orders. Bitcoin is legal in saudi arabia. If you're eager to buy bitcoin and crypto in saudi exchanges, look no further than this quick and comprehensive guide to crypto in saudi arabia. The two holiest islamic sites, the kaaba in mecca and the resting place of the islamic prophet mohammed in medina, are located in saudi arabia. Saudi arabia is located on the arabian peninsula and borders on its neighbouring states, the red sea and the persian gulf. This creates unique problems because of their decentralised and anonymous nature for bitcoin. Saudi arabia officials warn that bitcoin trading is illegal. A governmental committee comprised of saudi arabian regulators has issued a statement clarifying that cryptocurrency trading is illegal in the kingdom. Here are the 19 best exchanges in saudi arabia to buy bitcoin. The saudi arabian monetary authority has warned against bitcoin as it is not monitored or supported by any regulatory body.
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Bitoasis is a bitcoin exchange based in the middle east that enables users in the uae, saudi arabia and other countries to buy bitcoin with a bank transfer or cash deposit.
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