Crypto & Perp Trading in Saudi Arabia

Saudi Arabia has no settled position on crypto.

Asset classes on Canborsa

Crypto perps

52 markets ›

Stock & pre-IPO perps

26 markets ›

Commodity perps

4 markets ›

Index perps

4 markets ›

Rain accepts SARIE bank transfers from Al Rajhi, SNB, or Riyad Bank.

Mada, the national debit network, is the dominant crypto payment method alongside Apple Pay and major credit cards.

Paybis supports SAR-to-USDT and SAR-to-BTC conversion via Visa and Mastercard.

Binance and OKX are used for P2P trading with local methods like STC Pay.

The capital gains tax rate in Saudi Arabia is stated at 15%.

Crypto trading in Saudi Arabia is banned.

For crypto traders in Saudi Arabia: The capital gains tax rate in Saudi Arabia is stated at 15%.

For crypto traders in Saudi Arabia: Crypto platforms serving Saudi Arabia are not subject to a regulator-mandated KYC framework because virtual currencies are illegal in the kingdom.

Regulator for crypto trading in Saudi Arabia: Capital Market Authority (CMA) covers securities activities; Saudi Central Bank (SAMA) covers banking, payments and finance companies. No published rule assigns the perimeter for virtual assets to either body.