How to Buy Cryptocurrency in Pakistan – Step-by-Step Guide for Beginners

In recent years, cryptocurrency has become one of the most talked-about topics in Pakistan. Digital currencies are becoming part of daily life. Students are exploring new investment opportunities. Freelancers are receiving payments in Bitcoin.

But one significant question continues to confuse people:

“How can I buy cryptocurrency in Pakistan safely and legally?”

If you’ve been searching for answers, you’re not alone. This guide will explain how to buy cryptocurrency in Pakistan. Especially helpful for beginners.

By the end, you’ll understand:

• What is cryptocurrency?
• Whether it’s legal in Pakistan or not?
• How to choose a safe exchange like Fillyx?
• How to buy Bitcoin or other crypto using local methods?
• How to store and protect your digital assets?

Is It Legal to Buy Cryptocurrency in Pakistan?

In 2018, the State Bank of Pakistan (SBP) issued a circular telling banks not to handle cryptocurrency transactions. This means Pakistani banks cannot directly help you buy or sell crypto.

However, owning or trading cryptocurrency is not illegal for individuals. Many Pakistanis buy and trade Bitcoin, Ethereum, and other coins every day. They use international exchanges and peer-to-peer (P2P) trading systems.

So, while banks face restrictions, individuals can still participate in the crypto market.

In simple terms:

• Banks can’t deal directly with crypto transactions.
• Individuals can still buy, hold, and trade crypto safely online.

What Exactly Is Cryptocurrency?

Before learning how to buy cryptocurrency in Pakistan, it’s important to understand what cryptocurrency is.

A cryptocurrency is digital money. You can’t see or touch it like cash. However, it is a secure online currency. You can send it anywhere in the world instantly.

Each crypto transaction saves itself on a blockchain. This is like a public digital notebook. It keeps all transactions safe, clear, and unchangeable.

Popular cryptocurrencies include:

• Bitcoin (BTC): The first and most valuable cryptocurrency.
• Ethereum (ETH): Used for smart contracts and decentralized apps.
• Tether (USDT): A stablecoin linked to the US dollar’s value.

Why are Pakistanis using crypto?

• To earn money through trading and investments.
• To receive payments from international clients.
• To save money digitally.
• To avoid inflation and currency devaluation.

In short, cryptocurrency is quick, global, and independent. This makes it exceptionally useful in countries like Pakistan, where banking rules can slow things down.

Step-by-Step: How to Buy Cryptocurrency in Pakistan

Now that you understand the basics, let’s go through the exact process of buying crypto in Pakistan, step by step.

Step 1: Choose a Trusted Crypto Exchange

To buy crypto, you need to use a crypto exchange, a platform that lets you buy, sell, and store cryptocurrency.

Here are some of the best sites to buy Bitcoin in Pakistan:

Out of these, Fillyx stands out as the best platform for beginners. It’s designed for Pakistanis, supports local payment methods like Easypaisa and JazzCash, and provides a safe, verified environment to buy and sell crypto easily.

Step 2: Create and Verify Your Account

Once you’ve chosen a platform like Fillyx, the next step is to sign up and verify your account.

How to register on Fillyx:

• Go to www.fillyx.com
• Click Sign Up
• Enter your name, email, and password
• Verify your email address
• Complete the KYC process (upload CNIC and selfie)

This verification process is quick, usually takes only a few minutes. It helps keep the platform secure and protects your account from fraud.

Step 3: Add Money to Your Account

To buy crypto, you first need to add money (PKR) to your Fillyx account. Since Pakistani banks don’t directly support crypto transactions, there are other easy methods you can use.

P2P (Peer-to-Peer) Trading

This is the most popular method in Pakistan. You buy crypto directly from another person using your local payment apps.

Steps for P2P trading on Fillyx:

• Log in to your Fillyx account.
• Select “Buy Crypto.”
• Choose the P2P option.
• Pick a seller with a good rating.
• Pay using Easypaisa, JazzCash, or bank transfer.
• Once payment is confirmed, your crypto is released instantly.

Credit or Debit Card Purchase

You can also buy Bitcoin using your Visa or MasterCard.

Simply go to the “Buy with Card” option on Fillyx, enter your amount, and confirm the purchase. The process is smooth, safe, and quick.

Indirect Bank Transfer

While banks can’t deal directly with crypto, you can transfer money to verified sellers through P2P trades.

Some of the most crypto-friendly banks in Pakistan include:

• Meezan Bank
• UBL
• Faysal Bank
• Allied Bank

These banks don’t officially support crypto, but their transfers are commonly used in P2P trading.

Step 4: Buy Your First Cryptocurrency

Now that your Fillyx wallet is funded, it’s time to buy your first crypto!

Steps to buy crypto on Fillyx:

• Log into your account.
• Click on “Buy Crypto.”
• Select the coin you want (like Bitcoin or Ethereum).
• Enter how much PKR you want to spend.
• Confirm the trade.

Step 5: Store Your Crypto Safely

Once you’ve bought crypto, keeping it safe is your responsibility.

There are three main ways to store cryptocurrency:

Exchange Wallets (Hot Wallets)

Your crypto stays in your Fillyx account wallet. It’s easy to access and use anytime.

Mobile Wallets

Apps like Trust Wallet or MetaMask let you hold crypto on your phone.

Hardware Wallets (Cold Wallets)

Physical devices like Ledger or Trezor keep your crypto offline, making them very secure.

Safety Tips:

• Always enable 2FA on your exchange.

• Never share your passwords or recovery phrases.

• Avoid clicking unknown crypto links.

• Keep backups of your wallet details.

Step 6: Keep Learning and Tracking the Market

Crypto prices change quickly, sometimes every minute. To make smart choices, keep learning and watching the market.

Tips to stay updated:

• Use Fillyx Market Watch for real-time prices.
• Read crypto blogs and news.
• Follow crypto experts on YouTube or X (Twitter).
• Avoid panic buying or selling.

Which Banks Allow Cryptocurrency in Pakistan?

As of 2025, no bank in Pakistan directly supports cryptocurrency. However, some banks allow money transfers for P2P transactions, making it possible to buy crypto indirectly.

Popular choices include:

• Meezan Bank
• HBL
• UBL
• Faysal Bank

When sending money to P2P sellers, always:

• Verify the seller’s identity and ratings.
• Avoid using “crypto” words in payment notes.
• Use safe communication within the platform.

Best Site to Buy Bitcoin in Pakistan

While many global platforms exist, not all are beginner-friendly or support local payments.

Here’s why Fillyx is the best site to buy Bitcoin in Pakistan:

• Supports PKR payments through Easypaisa and JazzCash.
• Advanced security with 2FA and encryption.
• Beginner-friendly dashboard for new traders.
• Fast verification and quick transactions.
• 24/7 support for Pakistani users.

Whether you’re buying Bitcoin, Ethereum, or USDT, Fillyx makes the process simple, local, and safe.

Safety Tips for Crypto Buyers in Pakistan

• Use Only Trusted Platforms – Stick to verified exchanges like Fillyx.
• Enable 2FA – It adds an extra layer of security.
• Never Share Private Keys – Keep your recovery phrases private.
• Avoid Unknown Links or Airdrops – Many are scams.

• Double-check Seller Ratings – Especially in P2P trading.

Conclusion

Cryptocurrency is changing the way people earn, save, and invest in Pakistan, if you are wondering how to buy cryptocurrency in Pakistan than visit Fillyx.

You don’t need to be a tech expert to start. With simple platforms like Fillyx, anyone can buy and trade crypto safely in just a few minutes.

Here’s what we learned:

• Crypto is not illegal in Pakistan.
• You can buy using P2P, debit cards, or Easypaisa.
• Always use a trusted platform like Fillyx.
• Start small, stay informed, and keep your funds secure.

FAQs

Can I buy cryptocurrency in Pakistan?

Yes! You can buy crypto through P2P platforms like Fillyx using Easypaisa, JazzCash, or bank transfer.

Is it legal to own Bitcoin in Pakistan?

Yes. It’s not banned, but banks can’t deal directly with it.

How to buy Bitcoin in Pakistan with a debit card?

Use Fillyx’s “Buy with Card” option to purchase Bitcoin directly with your debit or credit card.

Which cryptocurrency should beginners buy?

Start with Bitcoin (BTC) or Tether (USDT), both are stable and popular.