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How to Buy Bitcoin in Cambodia
The easiest way to buy bitcoin and tokens in Cambodia is to send us a message.
We sell Bitcoin, Ethereum, Litecoin and many others safely and privately online.
Coins are held by localcryptos escrow until receipt of fiat money is confirmed.
We accept payments in person with cash, using Wing cash transfer or ABA cash to an ATM.
CryptoAsia has compiled a list of other reputable options (below) with a brief description of each.
1. Local Cryptos
Localcryptos.com is gaining steam as an effective way to buy and sell Bitcoin, Ethereum, Litecoin and Dashcoin, formerly known as localethereum.com.
Local Ethereum was an exciting startup devoted to Ethereum trades. They have grown as a business and transitioned their business model. Adopting a new name, the Local Cryptos platform offers trading in a large selection of digital currencies.
Your private keys are not shared with the website and stored encrypted in your browser only. Their escrow service is non-custodial which makes it the perfect choice if you are cautious.
Browse CryptoAsia offers on LocalCryptos.
2. Local Bitcoins
Localbitcoins.com is used internationally to match bitcoin buyers and sellers. Based in Finland, the company has been in operation since 2012 and has a well-deserved reputation for being reliable.
Generally speaking, bitcoin users should keep their bitcoins on a device that they directly control with their keys backed up to an external storage device. 3rd party wallets have a history of being hacked or suspending user access. However, Local Bitcoins offers one of the most reliable online wallets available. And their escrow system might be the best among online exchange services.
Opening an account is quick and easy. Browse the listings in Cambodia and open a trade with a local exchanger. The chat feature makes it easy to discuss details with the counter-party and the escrow system ensures that he has bitcoins to sell. Make sure to review the trader feedback before entering into a trade and leave feedback about your experience after the trade is done.
3. Buy Bitcoin at Coin Cafe & Bar
Coin Cafe & Bar is the first and only restaurant in Cambodia to accept bitcoin. Bring your smart phone and your appetite and make payments directly to their bitcoin address.
Coin Cafe & Bar is a good source to sell and buy Bitcoin in Cambodia. If you want to make a trade then call or email them first before you go. The phone number is 092.664.557.
4. Facebook Group
The biggest bitcoin Facebook group in Cambodia has about 2000 members, but many of them are active bitcoin buyers and sellers. Although you won’t have the escrow protection offered by a professional exchange service, most of the traders here rely on their reputation in this small community. Request membership from the group moderators and post a request on the message board.
5. Online International Exchange
The most reliable way to sell or buy bitcoin in Cambodia is to open an account with an international digital currency exchange.
There are many reputable online exchanges based outside of Cambodia. Unlike the peer-to-peer options listed above, these exchanges will require government issued identification to open an account and, most likely, a bank account to fund it.
CryptoAsia cannot recommend any single exchange but there are many good resources online to begin your research (see here, here, and here). We may review the many options for online exchanges at a later date.
If you need to convert between digital currencies, a good option is Changelly.
Do you know a better way to trade bitcoin in Cambodia? Drop us a line or leave a comment below.