18.08.2026•10 min

Top Crypto Exchangers and Crypto Exchanges with an AIFC License

CryptoMarket Analytics Department

AI Summary: Only platforms that have received an official AFSA license can legally exchange tenge for cryptocurrency. A detailed review and ranking of the main market players.

Why Did the AFSA License Become Mandatory?

Since 2026, the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM) has tightened control over unlicensed crypto exchangers. Transferring funds to P2P platforms without an AIFC license is now regarded by banks as a high-risk operation, which often leads to card blocking under the Law of the Republic of Kazakhstan No. 191-IV (AML/CFT). Working through licensed platforms is a guarantee of the safety of your funds.

Top Three Among Licensed Exchanges

Binance Kazakhstan: The undisputed market leader. Binance was the first to receive a full regulatory AFSA license. The platform offers deep liquidity in USDT/KZT and BTC/KZT pairs, as well as direct gateways for account top-ups from Kazakh bank cards with minimal fees.
Bybit KZ: An exchange that is aggressively conquering the CIS market thanks to its user-friendly interface and low trading fees. Bybit KZ has launched official integration with local banks, which allows legally and quickly withdrawing funds to a card.
Ataix Eurasia: A local platform that focuses on corporate clients and the B2B segment. An excellent choice for businesses that need to convert large volumes of fiat into stablecoins with full accounting support.

How to Invest Safely Through These Platforms?

The onboarding process has become as transparent as possible. After registering on the exchange, the user is required to undergo the KYC procedure (provide an ID and confirm the address). After successful verification, access is granted to direct balance top-ups via bank transfer (IBAN) or card. This eliminates the need to interact with dubious P2P merchants.