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Buy bitcoin and crypto currencies in Vietnam

Even though the State Bank of Vietnam has started tightening “controls” over cryptocurrencies, buyers and sellers of bitcoin in Vietnam are still trading đồng for bitcoin, ethereum and monero every day. With thousands of bitcoin mining rigs entering Vietnam every month, the Vietnamese are some of the top bitcoin and altcoin traders worldwide.

Legality of Bitcoin in Vietnam

The State Bank of Vietnam (SBV) has issued statements that cryptocurrencies are not a lawful means of payment in Vietnam, with fines for supplying and using bitcoin as high as 200 million Vietnamese dong.  Prime Minister Nguyen Xuan Phuc and the Ministry of Justice have been threatening “tougher measures” dealing with ICO’s and cryptocurrency trading using the đồng.

There had been thousands of hodler’s of bitcoin long before these laws came into effect. Since hodler’s weren’t breaking any laws before the ban, the country is still one of the largest buyers and sellers of bitcoin worldwide.

Popular Exchanges in Vietnam to Buy Bitcoin  and Altcoins

Localbitcoins is still one of the more popular exchanges allowing person to person transactions for buying and selling bitcoin with Vietcombank transfer, Neteller, Skrill or Perfect Money

Exchanges may increase or decrease in popularity within the country but Vinaex, Bitcoinvn and Remitano are three of the most popular and trusted exchanges currently. The exchange formerly known as BTC-e, now called wex.nz is still quite popular, as it was a large exchange before the FBI temporarily shut down the Russian exchange. They are the type of exchange we wouldn’t want to hold bitcoin on over a hardware wallet though.

Localbitcoins

Peer to Peer Bitcoin Buying and Selling

Localbitcoins

Available Worldwide

Cash, Bank Transfers and Wires

Buy Bitcoin Anonymously in Vietnam

Our list of anonymous bitcoin exchanges are all available to Vietnamese buyer’s of bitcoin or altcoins. The Paxful options for Western Union transfers, Itunes and Android gift cards are popular with many anonymous bitcoin buyers around the world. Along with Bisq, a decentralized peer to peer crypto currency exchange, accepting national bank transfers, western union and perfect money.

Bisq

Anonymous Peer to Peer Crypto Trading

Bisq

Available Worldwide

No ID Required

Paxful

Peer to Peer Bitcoin Buying and Selling

Paxful

Available Worldwide

Buy Bitcoin With Any Gift Card

Bitcoin ATM’s in Vietnam

There are 4 bitcoin ATM’s in Vietnam, all are located in Ho Chi Minh City, so people near Vung Tau or Da Nang will have to travel. We would normally use the one at Italiani’s Pizze on 17 Hàn Thuyên because buying bitcoin while eating pizza sounds more fun than drinking coffee at B-Coffee Saigon.

Actually, we’d boat over to Manila and buy bitcoin in Parañaque at 88 Arkade Money Changer or Monteal Money Changer in Taguig City for 1% Fee’s buying bitcoin, since the Ho Chi Minh City locations are going to charge 10% or more for buying bitcoin.

Crypto Gambling has information on bitcoin, altcoins and trading crypto currencies along with bitcoin poker, casino and sports betting sites available worldwide.