Some of the links on this site may be affiliate links. ICOBench may receive advertising commissions when users visit recommended platforms via our affiliate links, at no additional cost to you. All recommendations are based on a comprehensive review process. Cryptocurrency exchanges are the most prominent way to buy crypto in Armenia in 2025. They support a sizeable range of tokens and coins, have deep liquidity, and even offer trading charts and analytical tools for your trades. However, they are not the only way to get your tokens and coins.
You can buy using crypto wallets as well. These wallets typically offer direct purchases, and some provide access to DEX, dApps, and DeFi to expand your reach and give you more trading tools to work with. Even better, you’ll have direct storage, which is often custodial, meaning you control your assets.
This guide covers all the essential aspects of buying or trading crypto in Armenia. We’ll give you our best recommendations on where to buy. And, most importantly, we’ll give you our top presales to buy now and tell you all you need to know about the current crypto regulations in the country.
- Show Full Guide
Current Crypto Regulations in Armenia and Taxation
Armenia is in the process of establishing comprehensive crypto regulations. These regulations will likely include license requirements and taxation. But for now, there are no tax laws on crypto trading. So, is crypto trading legal in the country?
The answer is yes. You can trade crypto safely in the country pending when extensive regulations are put in place. The regulations will not change the underlying technological structure that facilitates crypto trading. Instead, the regulations will focus on financial services like trading platforms, custody, and offerings.
As of this writing, Armenia recognizes crypto-assets, whether altcoins, meme coins, or other cryptocurrencies, as property that has value or certifies a right. We understand this as a crucial step towards creating a favorable and crypto-friendly environment.
Other things to note about the upcoming regulations include the following:
- ✅ Crypto-asset providers will likely have to obtain licenses from the central bank as CASPs.
- ✅ Certain financial firms, like banks and investment firms, may be exempt from obtaining a CASP license. However, they will still have to obtain permission from the central bank.
- ✅ Anti-money laundering and Know Your Customer policies will be mandatory for all crypto-asset providers
- ✅ Non-cash transactions for crypto-asset operations will be available
The Central Bank of Armenia remains cautious of cryptocurrency. However, it aims to balance the risks with the opportunities crypto-assets bring to the country and its residents.
First off, you have to find a reputable crypto exchange available in the country. It doesn’t necessarily have to be a homegrown exchange or platform. You can use internationally available platforms, provided they allow Armenians. With that in mind, here are our recommended steps on how to buy crypto in Armenia: When it comes to buying crypto in Armenia, you can use the following platforms or approaches: For the best platforms, here are our top recommendations: When it comes to privacy and custody, Best Wallet remains one of our top choices. The platform is primarily a crypto wallet but with access to DEXs like PancakeSwap, dApps like iGaming platforms, and DeFi. You can also access staking dApps like Rocket Pool and Lido. Best Wallet offers privacy without KYC requirements. You can start trading with just an email. But remember to back up your wallet in a secure cloud storage. Your crypto assets in Best Wallet are self-custodial. In addition, you have control over your private keys. Simply ensure you keep it safe and backed up for easy recovery or access on another device. As for the features, Best Wallet allows users to buy, send, swap, and receive tokens in their wallets. You can also create multiple wallets and manage them from one dashboard. This approach is notable for efficient management of your portfolio. For example, you can keep your promising cryptocurrencies in one wallet and keep altcoins in another wallet. Besides creating, you can also import an existing wallet into your Best Wallet account. Simply enter the private keys or recovery phrase. However, ensure the wallet is EVM-compatible. Best Wallet is a multi-chain wallet that supports over 60 chains. You can store Bitcoin, Solana, Ethereum, Polkadot, Cardano, and other leading chains securely in the wallet. As for the cryptocurrencies, the wallet supports hundreds more. Another standout feature of Best Wallet is the “Upcoming Tokens” section. This section is where you can effortlessly access new crypto projects and invest in them when the prices are still low. So far, the wallet has hosted several projects and even had partnerships with tokens like Bitcoin Bull.
With Bybit, you can make smarter trades with its trading bots. The platform allows you to match with a trading bot or create your own custom bot. Either way, you can be sure of getting help from bots with advanced algorithms and AI. The trading bots at Bybit include those for futures grid, futures Martingale, futures combo, spot grid, and DCA trading. There’s also an AI Aurora Zone with top-recommended trades you can use. If you don’t want that, you can turn to the hourly picks on any trading section. Besides the trading bots, Bybit offers TradeGPT. This tool gives you a personal trading assistant you can interact with via the chat window. It can provide comprehensive market insights that incorporate recent news, technical indicators, and other relevant data. The TradeGPT tool can also offer smart token analysis. You can find out which old or new cryptocurrencies are likely to rise soon. The tool can also select potential coins based on their technical indicators. Copy trading is another notable feature on Bybit. With this tool, you can let other pro traders work for you by simply copying their trades. There’s even an advanced version that allows you to do more than just copy trades and hope they work. The copy trading feature allows you to copy gold and FX strategies as well. This approach is handy if you want to expand your portfolio beyond crypto.
Binance operates the largest cryptocurrency exchange by trading volume. It is a centralized platform with deep liquidity, a rich selection of cryptocurrencies, discounts for BNB holders, and millions of users. The platform currently serves over 275 million users, meaning you’ll have more than enough P2P traders if that’s what you want. If you want to buy crypto in Armenia with Binance, you can do so on its centralized exchange or the P2P section. The P2P section allows you to use bank transfers for your crypto purchases. It also supports over 800 payment options for users. As for trading, Binance offers spot and margin trading with leverage. It also features trading bots to automate your trades or provide smart trading decisions. The automated strategies are fast, easy, and reliable. Copy trading is also available on Binance. This section allows you to follow the trades of other proven traders on the platform. Earning opportunities are also available on this platform. You can earn passive income on over 300 cryptocurrencies. Even better, you can maximize your earnings with the advanced yield investment products.
KuCoin has had a long-standing reputation since its debut in 2017. The platform is available globally, including Armenia. That means you can buy crypto in Armenia and trade NFTs as well. Regarding NFTs, KuCoin does something we rarely see on other crypto exchanges. Users can own fractions of NFTs instead of buying whole NFTs. Fractional NFT ownership is possible because KuCoin provides tradable fractions as ERC-20 tokens. As such, you simply buy the tokens to own the NFTs. You can also sell the tokens to sell your share of the NFTs. As for crypto trading, KuCoin supports crypto derivatives, including USD-margined and coin-margined contracts. You can trade spots and margins with leverage. Like Bybit and Binance, KuCoin also provides its in-house trading bots. These bots use advanced algorithms to provide insights on your trades. KuCoin is one of the few places you can trade new tokens over the counter before they are launched. This feature is available in the platform’s launch hub, which also includes the GemSpace, KuCoin’s native token launchpad, and a GemPool to earn airdrops by locking your tokens. You can also earn free airdrops by completing simple daily tasks.
BingX features futures, spot, and spot infinity grids. These grids allow you to leverage for amplified margins and profits, seize every arbitrage window in the volatile market, and even get non-stop arbitrage with no upper limits. So far, these grids have hundreds of thousands of users on the platform. Besides grid trading, you can still get a seamless crypto trading experience in other areas. BingX supports derivatives where you can trade standard futures or go with USD or coin-margined perpetual futures. The market is broad and one of the most competitive among crypto exchanges. If you are a beginner, you can buy crypto in Armenia using the copy trading feature. BingX allows you to copy the strategies of elite traders. You can view the leaderboard and pick your preferred trader and strategy.
If you are ready to buy crypto in Armenia now, then we recommend getting started with promising presales. These presales offer cryptocurrencies at lower prices with potential returns via listing and staking. Our recommended presales for Armenia include the following: The Best Wallet token allows you to maximize all the features, including airdrops, in Best Wallet. With it, you can access new token launches through the wallet’s inbuilt launchpad. Simply go to the “Upcoming Tokens” section to find the newest presales. Also, there’s no need to worry, as Best Wallet has a thorough selection process to ensure scams are removed among its recommended token presales. You can buy the $BEST token now, either on its official presale website or directly from Best Wallet. The Best Wallet app is available for Android and iOS devices. Even better, you can set up your wallet for free and deposit the required crypto to buy the $BEST token. Staking is also available when you buy the Best Wallet token. This feature allows you to earn passive tokens before the presale is over. As of this writing, the APY stood at 111%. However, keep in mind that the returns may reduce as the presale continues.
The SUBBD token powers a new AI-driven creator platform, SUBBD. It’s a revolutionary project that combines blockchain and the creator economy. What we have is a platform where creators can get AI creators, share premium content, and receive better engagement from followers or fans. With the SUBBD token, fans can get exclusive content, enjoy VIP staking benefits, get discounts on the platforms, especially for subscriptions, use staked SUBBD to boost XP multipliers, and earn loyalty rewards. SUBBD token holders will also access beta features before they are available for the general public. Creators will have more time on their hands as they can automate their creation process with AI creators. They can also manage interactions, all while increasing their earnings. You can buy SUBBD tokens now on its official website. The presale has raised over $500k so far. However, it is best to buy early, as each presale stage will come with incremental changes to the token price.
The Solaxy presale is one of the best in 2025. It has raised over $42 million, and you still have a chance to be an early investor in the project. The presale is still ongoing on its official website. Simply connect your wallet and use any of the supported cryptos for the purchase. Solaxy has potential for long-term relevance and returns to early investors. It is the first Layer 2 chain on Solana, bringing several improvements to the famed blockchain. One of these improvements is the optimization for speed and scalability. Even so, Solaxy retains high liquidity, and the multi-chain token is compatible with Ethereum. With Solaxy, users will have lightning-fast transactions, thanks to the off-chain execution. The chain also uses parallel processing to ease the workload and speed up transactions.
Go for Bitcoin Bull if you want free BTC airdrops. These airdrops are only available to BTCBULL token holders, and they will come at very specific periods. The first airdrop will be when BTC rises to $150k. Another airdrop will follow when BTC is at $200k. The Bitcoin Bull token is available now on presale. You can buy it by connecting your wallet to the official presale website. The token is also available for direct purchase from Best Wallet.
While there aren’t clear regulations concerning crypto in Armenia, the country remains a crypto-friendly place. You can trade on several crypto exchanges, both centralized and decentralized. Even better, you can own crypto wallets to store your crypto. For now, we recommend you keep an eye out for regulations. We expect the government to roll out clear regulations on crypto soon.How to Buy Crypto in Armenia in 2025
The Best Platforms to Buy Crypto in Armenia
Platform
Description
Pros
Centralized exchanges
With centralized platforms, you’ll get regulated access to cryptocurrencies. They also offer an onboard wallet to store your funds.
These platforms easily support fiat-to-crypto transactions. They also offer advanced trading features like charts and analytical tools.
Decentralized exchanges
These platforms offer permissionless access to crypto. However, you’ll need a crypto wallet to access the DEX.
One major pro is that you have control over your crypto assets. Also, KYC verification is typically not required.
P2P platforms
With P2P platforms, you have direct access to other sellers. That means you can get better price negotiations and trade without fees.
The most prominent advantage is that you have direct access to other traders.
Bitcoin ATMs
BTC ATMs are physical machines you can use to buy crypto. You can insert cards into these machines as well.
They offer quick transactions and are also handy for minimal transactions without KYC
OTC trading
Retail investors typically use this option. Transactions are carried out outside crypto exchanges.
OTC trading is the best option for large-volume trades.
Our Recommended Platforms to Buy Crypto in Armenia
1. Best Wallet – Our Overall Top Choice
Best Wallet Top Features
Pros and Cons of Best Wallet
Pros
Cons
Best Wallet is non-custodial, meaning users have complete ownership
The wallet is available for iOS and Android devices You can access dApps A rewards hub is available where you can get rewards from different platforms The wallet supports staking
You cannot deposit via the local currency
The wallet is only available on mobile You won’t get advanced trading charts or analytical tools2. Bybit – A Notable Choice for Automated Trades
Top Features at Bybit
Pros and Cons of Bybit
Pros
Cons
There is a token launchpool to access new tokens and coins
Bybit supports P2P trading, with over 60 fiat deposit options Spot trading is available with up to 10x leverage The platform has lost funds to hacks.
You will be unable to connect with P2P traders in major markets like the US or the UK.3. Binance – An Excellent Exchange for Deep Liquidity and Advanced Trading Support
Top Features at Binance
Pros and Cons of Binance
Pros
Cons
Binance has over 1900 trading pairs in its crypto market
BNB holders will get a 25% discount on their trading fees There is deep liquidity to support fast and stable trades The wallet is non-custodial KYC verification is needed
Some services may be unavailable in Armenia4. KuCoin – Trade Crypto and NFTs
Top Features of KuCoin
Pros and Cons
Pros
Cons
You can access new tokens through the launchpad
KuCoin supports over 45 fiat currencies, making it the largest fiat currency supporter among crypto exchanges Stable and reliable on-chain staking is available The platform has faced compliance issues in various jurisdictions
It doesn’t support the Armenian Dram5. BingX – A Top Platform for Grid Trading
Top Features of BingX
Pros and Cons of BingX
Pros
Cons
BingX is user-friendly for beginners, especially with the copy trading feature
Automation features like Martingale are available You can make fiat deposits in the supported currencies The primary wallet service is custodial
Some features may be unavailable in ArmeniaThe Best Presales to Buy Now in Armenia
1. Best Wallet Token
Token Symbol
BEST
Total Supply
10 billion
Network
Ethereum
Payment Method
ETH, USDT
2. SUBBD Token
Token Symbol
SUBBD
Presale Supply
1 billion
Network
ERC-20
Payment Method
BNB, USDT, and ETH
3. Solaxy
Token Symbol
SOLX
Total Supply
138,046,000,000
Network
Solana
Payment Method
USDT, BNB, or ETH
4. Bitcoin Bull
Token Symbol
BTCBULL
Total Supply
21 billion
Network
ETH
Payment Method
USDT, BNB, or ETH
Conclusion: How to Buy Crypto in Armenia
FAQs
Can I use cash to buy crypto in Armenia?
Where can I store my crypto in Armenia?
Do I need KYC to buy crypto in Armenia?
