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Author Topic: Bitcoins in Saudi Arabia?  (Read 6384 times)
JohnD
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August 29, 2012, 01:35:20 PM
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Hi,

does anybody know an easy way to get some bitcoins in saudi arabia?

I offer hosting services to arabic speaking people and the only way to pay for them are phonecalls with extreme fees.
Bitcoins would be perfect if they could get some...

Thanks.
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loadrs2009
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August 29, 2012, 01:41:57 PM
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the problem bitcoin not popular  in Arab world  Sad
Stephen Gornick
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August 29, 2012, 05:16:52 PM
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does anybody know an easy way to get some bitcoins in saudi arabia?

I offer hosting services to arabic speaking people and the only way to pay for them are phonecalls with extreme fees.
Bitcoins would be perfect if they could get some...

CashU prepaid cards are sold in Saudi Arabia, and they can then be used to load funds to a CashU account when making a transfer to this Bitcoin exchange:

 - http://www.BitcoinNordic.com

Here's more info on CashU:
 - http://en.bitcoin.it/wiki/CashU

There are also individuals buying and selling:

 - http://localbitcoins.com/country/SA
zazargane
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September 28, 2014, 05:07:32 PM
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http://bitcoinnewsarabia.com/
knightingale
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October 03, 2014, 10:52:49 PM
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Do you know whether it is legal to sell bitcoins in Saudi Arabia?
Stephen Gornick
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October 05, 2014, 11:15:42 AM
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Do you know whether it is legal to sell bitcoins in Saudi Arabia?

Saudi Arabia has lots of "informal value transfer" network activity (e.g., Hawala) though I don't know what is considered "legal". 

Perhaps there's more info from these sources:

Quote
Quote
No fatwa has been issued against the cryptocurrency,
- http://bitcoinmagazine.com/16933/time-islamic-law-face-bitcoin-question

Here's a thread you might want to follow:

Middle East (UAE, Saudi, etc) - بتكوين في الدول العربية
 - https://bitcointalk.org/index.php?topic=345231.0
makee
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October 05, 2014, 11:01:22 PM
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You can try coin.mx to buy bitcoin using credit card.
moni3z
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October 06, 2014, 01:52:55 AM
 #8

https://localbitcoins.com/places/16915513/saudi-arabia/
michael Chan
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October 22, 2015, 03:19:34 AM
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I wondered is there any bitcoin miners in Saudi ?
I've been seeing websites being set ,
Amph
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October 22, 2015, 06:12:32 AM
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I wondered is there any bitcoin miners in Saudi ?
I've been seeing websites being set ,

i think not, not big farm surely, because the cost for shipping is high enough and they can't produce miners there, i doubt they have the tech to do it
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October 22, 2015, 12:30:01 PM
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I wondered is there any bitcoin miners in Saudi ?
I've been seeing websites being set ,

Haha, funny, I have asked exactly the same question this morning in another thread. I've been wondering this. It would make sense that there is more Bitcoin mining in Saudi Arabia, since their electricity is pretty cheap over there.
SerenaL
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October 22, 2015, 02:31:10 PM
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search for a local bitcoin atm at coinatmradar.com
HeroCat
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October 24, 2015, 12:24:53 PM
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I do not think, you can solve this question easy. There are only two way in fact - through international bank transfer or bank check. In Saudi Arabia and other region countries, you can use only international bank transfer or bank check.  Wink
RustyNomad
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October 24, 2015, 12:34:29 PM
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I wondered is there any bitcoin miners in Saudi ?
I've been seeing websites being set ,

Haha, funny, I have asked exactly the same question this morning in another thread. I've been wondering this. It would make sense that there is more Bitcoin mining in Saudi Arabia, since their electricity is pretty cheap over there.

Electricity may be cheap but just think of all the extra electricity required for the cooling systems that will be required. Think that will take far more electricity than that required for the miners.
Mickeyb
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October 24, 2015, 11:39:39 PM
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I wondered is there any bitcoin miners in Saudi ?
I've been seeing websites being set ,

Haha, funny, I have asked exactly the same question this morning in another thread. I've been wondering this. It would make sense that there is more Bitcoin mining in Saudi Arabia, since their electricity is pretty cheap over there.

Electricity may be cheap but just think of all the extra electricity required for the cooling systems that will be required. Think that will take far more electricity than that required for the miners.

Of my God, I haven't even though about this, yet it's crystal clear! Smiley It's hit as hell over there!

Thanks mate!
michael Chan
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October 29, 2015, 10:33:57 AM
 #16

I just got in touch with some arabic friends , any now teaching them about bitcoin minin

OrientA
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October 29, 2015, 06:47:27 PM
 #17

I just got in touch with some arabic friends , any now teaching them about bitcoin minin

Thanks for all the efforts. Hope one day, Arabic friends will sell oil for bitcoin, not just dollars. That will enrich our Arabic friends enormously. The dollar bill they get devalue day by day.
DARKCHANGE
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October 29, 2015, 07:38:57 PM
 #18

As far as I can see there is a Bitcoin ATM in Eastern Saudi Arabia. This may solve your problems.

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