Crypto trade in Morocco

[Anir numedia]

Actually it is not legal in Morocco to trade Crypto currencies so far, so it is illegal to buy or sell crypto with bank account or any bank cards or by transfering funds directly from any Bank. Eventhough, Binance and other crypto platform offers a P2P method means person to person ,in order to trade without any problem with authorities .also Binance CEO visited Morocco last summer maybe sooner bank account and cards will be authourized .we hope so because many young Moroccans jumped and start trading crypto regardless of being banned by authorities.

 

[Reda]

I see. Thank you for clarifying the situation with regards to cryptocurrency in Morocco. It is always important to be aware of and comply with the laws and regulations of your jurisdiction when it comes to financial transactions. I would also like to note that while peer-to-peer (P2P) transactions may offer a way for individuals to trade cryptocurrency, it is important to be cautious when engaging in any P2P transactions and to thoroughly evaluate the risks involved. It is always a good idea to do your own research and due diligence before making any financial decisions.