Buy crypto in Egypt

Egypt takes a restrictive line on crypto. Under the banking law, dealing in cryptocurrencies, or promoting and operating crypto platforms, requires a licence from the Central Bank of Egypt, and none have been granted, which makes most crypto activity effectively prohibited. A 2018 fatwa from Egypt's top religious authority also discouraged Bitcoin trading, reinforcing public caution.

Despite this, interest persists as people look to hedge against pound devaluation and inflation, so some residents use P2P platforms and VPNs to trade quietly, sending pounds directly to sellers. This carries clear legal exposure and no consumer protection. Anyone weighing it should understand the prohibition, keep amounts small, and watch for any move toward a regulated framework.