When people talk about crypto trading Bangladesh, the practice of buying, selling, or holding digital assets like Bitcoin and Ethereum by residents of Bangladesh. Also known as digital currency trading in Bangladesh, it’s happening whether the government likes it or not. Over 1.5 million Bangladeshis trade crypto monthly, mostly through peer-to-peer platforms like Binance P2P and LocalBitcoins, even though the central bank banned financial institutions from handling crypto transactions in 2021.
The real story isn’t about legality—it’s about access. Most traders in Dhaka, Chittagong, and Sylhet use Binance Bangladesh, a global exchange widely used by locals despite regulatory warnings. Also known as Binance P2P Bangladesh, it lets users trade Tether (USDT) for Bangladeshi Taka via bank transfers, mobile wallets, or even cash deposits at convenience stores. This isn’t just speculation. Many use crypto to send money abroad, protect savings from inflation, or buy goods from international sellers that won’t accept local payment methods. crypto regulations Bangladesh, the unofficial rules enforced by the Bangladesh Bank and law enforcement. Also known as Bangladesh crypto ban, it’s a mix of silence and crackdowns: banks freeze accounts, police seize phones, but traders keep going. The gap between policy and practice is huge. You won’t find a licensed crypto exchange in Bangladesh, but you’ll find dozens of local Facebook groups where people share tips on how to avoid detection.
What you’ll find in the posts below are real-world stories and warnings from people who’ve been through it. Some traded on platforms that vanished overnight. Others lost money to fake airdrops pretending to be from Binance or OKX. There’s a post on Naijacrypto that shows how scams copy names to trick users—and the same tactics are used here. You’ll see reviews of exchanges people actually use, like Bitocto and TNNS PROX, and why experts say to avoid them. There’s also a breakdown of how to spot a crypto scam that targets Bangladeshis: fake KYC forms, pressure to send money first, and promises of guaranteed returns. None of this is legal advice. But if you’re thinking about trading crypto in Bangladesh, you need to know what’s real, what’s risky, and what’s just a trap.
Despite being banned, P2P crypto trading is booming in Bangladesh thanks to mobile money and remittance needs. Learn how Binance P2P, bKash, and informal agents keep crypto flowing-and the real risks involved.