Crypto Exchangers in Beirut

Beirut was long called the Paris of the Middle East for its cafes, universities and banks. After the 2019 banking crisis, trust in bank accounts collapsed, and the city switched to paying in cash dollars, which many people keep at home. The Lebanese pound is used mainly for small purchases. Exchangers hand out dollars, with 4 crypto exchangers tracked.

USDT to cash dollars in Beirut

USDT TRC-20 to cash USD is offered by 3 crypto exchangers at 1 USDT = 0.9506 USD, orders from 10 521 USDT. Bitcoin swaps for dollars at 1 BTC = 72 014 USD. For many in Beirut, stablecoins became a way to receive money from abroad without going through banks and then collect it in cash.