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Saudi Arabia

Buy bitcoin with P2P bank transfers with escrow in Saudi Arabia

Status
Unclear
Currency
Saudi riyal (SAR)
Takes P2P bank transfers with escrow
1 exchange
Last reviewed
2026-08-12

1 of the exchanges we recommend in Saudi Arabia takes P2P bank transfers with escrow for funding bitcoin purchases. It is one of several rails in use here; the full picture is in the Saudi Arabia guide.

Exchanges that take P2P bank transfers with escrow in Saudi Arabia

Ranked as in our Saudi Arabia guide. Every payment method shown is verified for this exact exchange and country pairing.

  1. 2Binance logo
    Binance4.2

    The largest crypto exchange by volume: deep liquidity and low fees, operating under a US settlement with mandatory KYC.

    Fees
    Spot trading starts at 0.1% maker and taker, with a 25% discount for paying fees in BNB. Card purchases and instant buys cost more because a spread and processing fee are added.
    KYC
    Required
    Pay with
    Credit or debit card, P2P bank transfers with escrow, International wire transfer
    Buy on BinanceRead the Binance review

See the full how-to-buy guide for Saudi ArabiaEverything about buying bitcoin with P2P trade

Other ways to pay in Saudi Arabia

P2P trade in other countries

Frequently asked questions

Which exchanges accept P2P bank transfers with escrow in Saudi Arabia?

Of the 3 exchanges we recommend in Saudi Arabia, Binance accepts P2P bank transfers with escrow for funding purchases.

Is buying bitcoin with P2P bank transfers with escrow legal in Saudi Arabia?

Saudi Arabia has no law that criminalizes individuals owning or trading bitcoin, but there is also no licensing framework: the Saudi Central Bank (SAMA) and the Capital Market Authority have warned against cryptocurrency trading since a 2018 Standing Committee statement, and banks are barred from facilitating crypto transactions. Cryptocurrencies are not legal tender. Regulators have been studying a framework, but until one exists the practical status remains unclear, and buyers rely on foreign platforms with no local protections.