Question 1: Is Bitcoin legal in Bangladesh?
Answer: Bitcoin and other cryptocurrencies are considered illegal in Bangladesh, as in several other countries, and anyone who uses or trades them can be fined or imprisoned.
Dealing with any cryptocurrency violates Bangladesh’s strict anti-money laundering laws and it could lead to up to a 12-year jail term. I am not from the country but I have seen reports of arrest of some cryptocurrency traders in the country.
Question 2 : How much is 1 Bitcoin in Bangla Taka?
Answer : According to the latest exchange rates, 1 Bitcoin is equal to 2,964,069.99 BDT. This means that you can buy 0.00000034 BTC with 1 BDT.
You don't really need to post this information here. It can be easily derived by a simple search.
Question 3 : How to buy Bitcoin in Bangladesh?
Answer : Buying Bitcoin in Bangladesh is not a simple or legal process, as the Bangladeshi government has declared cryptocurrencies illegal and prohibited.
Option 1 — Online Exchange: You can buy bitcoin by using some exchange like : Bybit, Kraken, Coinmama that operate in other countries.
Option 2 — Debit/Credit Card: If you are new to Bitcoin trading then this option will be easy for you.
Option 3 — P2P Trading with 0 Fees: P2P Trading Lowes Trading of Bitcoins Directly Betofen Buyers and Sellers.
Any centralized platform that needs KYC will not be helpful in trading cryptocurrency in Bangladesh. This is because the cyber and special crime unit can easily track the transaction and unveil the identity of those behind the transaction. It is better to use a CEX and promote P2P transactions. Privacy is important while dealing with crypto in a country where it is banned.