Overview of legal crypto exchanges in Uzbekistan
Uzbekistan is one of the few CIS countries where cryptocurrency exchange activity is regulated at the state level. The key regulator is the National Agency of Prospective Projects (NAPP), which is responsible for issuing licenses and overseeing digital assets.
Strict regulation has been in force since 2022:
- Digital assets may only be exchanged through accredited exchanges
- All participants are required to complete KYC/AML checks
- Using international platforms is possible but comes with legal restrictions
Sources:
- NAPP (napp.uz)
- Presidential Resolution No. PP-3832
- Law "On Digital Technologies" (as amended in 2022)
Legal and accessible crypto exchanges
Uznex
Website: uznex.com
The first officially licensed cryptocurrency exchange in Uzbekistan. Launched in 2020 in partnership with South Korea's Kobea Group and with the backing of NAPP.
- Currency: UZS (som)
- Fees: 0.2% (maker/taker)
- Security: KYC, 2FA, cold wallets
- License: NAPP, Uzbekistan
CoinPay
Website: coinpay.uz
A local exchange accredited by NAPP. Supports exchanges in som and asset custody.
- Currency: UZS
- Fees: 0.25%
- Security: KYC, in-country data centers
- License: NAPP, Uzbekistan
Crypto Trade
Website: cryptotrade.uz
A licensed exchange for crypto/fiat operations. Specializes in selling USDT and BTC for som.
- Currency: UZS
- Fees: 0.3%
- Security: verification, audits
- License: NAPP, Uzbekistan
Kripto Market
Website: kripto.uz
An exchange serving both retail and corporate clients. Supports OTC and API.
- Currency: UZS
- Fees: from 0.15%
- Security: 2FA, local servers
- License: NAPP, Uzbekistan
Binance
Website: binance.com
Not licensed in the country, but has signed a memorandum with NAPP. Available via P2P.
- Currency: UZS (P2P)
- Fees: 0.1%
- Security: SAFU, KYC, multi-layered protection
- License: Cayman Islands
Huobi
Website: huobi.com
Available through partner platforms. No direct license.
- Currency: partial UZS support
- Fees: 0.2%
- Security: Huobi Wallet, audits
- License: Seychelles
EXMO
Website: exmo.com
Operates across the CIS. Registration for Uzbekistan is possible.
- Currency: USD, EUR
- Fees: from 0.3%
- Security: transaction protection, audits
- License: Lithuania
LocalBitcoins
Website: localbitcoins.com
A P2P platform with an escrow system and seller ratings. Requires KYC.
- Currency: UZS — depends on the seller
- Fees: 1% on listings
- Security: escrow, ratings
- License: Finland
Bybit
Website: bybit.com
Not licensed in Uzbekistan. Access is possible via VPN.
- Currency: no UZS support
- Fees: 0.01–0.1%
- Security: KYC, insurance
- License: BVI
Coinbase
Website: coinbase.com
The interface is accessible, but the exchange does not officially operate in the country.
- Currency: no UZS
- Fees: 1.49%
- Security: FDIC, SOC 2
- License: USA (SEC, FinCEN)
Wirex
Website: wirexapp.com
A fintech platform offering crypto cards. Periodically partners with banks in Uzbekistan.
- Currency: UZS (where supported)
- Fees: 1.5%
- Security: 3DS, multi-signature
- License: United Kingdom
Risk disclaimer
Using international platforms outside the licensing framework may lead to your account being blocked. We recommend using only NAPP-accredited exchanges.
Top 3 exchanges for Uzbekistan residents
- Uznex — full localization and a license
- CoinPay — sign up in 5 minutes, som support
- Kripto Market — great for businesses and P2P
Fee disclaimer
Fees are stated as of the publication date. For current figures, check the exchanges' official websites.
How we compiled this information
The information was gathered from:
- the exchanges' official websites
- NAPP documents
- regulatory portals and media outlets: gazeta.uz, podrobno.uz
- checks by the Holder.io editorial team
FAQ
Can I use Binance in Uzbekistan?
Yes, via P2P, but proceed with caution.
Which exchanges support som?
Uznex, CoinPay, Kripto Market, Crypto Trade.
Is it safe to use P2P platforms?
Yes, as long as you complete KYC and choose trusted sellers.
