Georgia’s progressive crypto regulations and booming adoption make it a Caucasus hotspot for traders. But with dozens of exchanges claiming "best rates," choosing the right platform is critical. After testing 15 services, we rank Georgia’s top 5 crypto exchanges based on licensing, fees, security, and user experience.
#1 GeCrypto: Best Licensed Offline Exchange
https://gecrypto.com/
Overview
GeCrypto operates Georgia’s first NBG-licensed offline crypto exchange (License № 0018-9404). With a 4.9/5 Trustpilot rating from 120 reviews, it specializes in high-volume crypto-to-cash transactions in central Tbilisi 26.
Services
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Instant crypto ↔ cash (USD/GEL/EUR) for USDT, BTC, ETH, SOL
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Business crypto solutions for compliant fiat conversions
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Personalized OTC deals ($100K ) with guarded office settlements 10
Pros
✅ Zero online KYC: Only physical ID check at their Marjanishvili office 8
✅ Fees from 0% for large USDT-USD swaps ($15 minimum) 6
✅ Handles transactions from $100 to millions same-day 2
✅ Multilingual support (EN/GE/RU) via Telegram pre-negotiation 6
Cons
❌ No online transactions – in-person visits required
❌ Limited altcoin support (focus: USDT/BTC/ETH)
User Review
*"Exchanged $12K USDT in 10 minutes! Staff verified rates on Telegram beforehand. Licensed = no bank freezes."* – Pavel K., Trustpilot 6
#2 Aifory Pro: Best Hybrid Online/Offline Service
Overview
A leading Tbilisi-based exchange offering online (Telegram/website) and in-person services. Popular among tourists for GEL cash withdrawals 1.
Services
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Crypto ↔ fiat (USD/EUR/GEL) via website, app, or central office
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Virtual card issuance for online spending
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Crypto custody solutions
Pros
✅ Multiple access channels: Online physical office
✅ Low 0.5–1.5% fees for USDT→GEL conversions
✅ Supports 20 coins including LTC, XRP, DOGE 1
Cons
❌ Unclear licensing status
❌ Online delays reported for >$5K transactions
#3 Cryptal: Top Licensed Online Exchange
Overview
A fully regulated Georgian platform praised by Cointelegraph for low fees and compliance with NBG AML laws 57.
Services
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Spot/futures trading with GEL pairs
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Staking and crypto loans
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Business API integration
Pros
✅ Licensed under Georgian VASP regulations
✅ 0.1% trading fees free GEL deposits
✅ Mobile app with tax-reporting tools
Cons
❌ Mandatory KYC for all users
❌ No cash options – bank transfers only
#4 Binance: Best Global Platform for Altcoins
Overview
The world’s largest exchange, serving Georgian users since 2021. Processes $24B daily volume 7.
Services
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350 cryptocurrencies, including GEL trading pairs
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P2P marketplace, futures, NFT options
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Binance Card for crypto spending
Pros
✅ Lowest fees (0.1% spot) for high-volume traders
✅ Free GEL deposits via TBC Bank
✅ Georgian-language interface
Cons
❌ Tracks/reports data to tax authorities
❌ Complex interface for beginners
#5 Currency.com: Best for Tokenized Assets
Overview
A Belarusian-regulated exchange accessible in Georgia, offering 1,500 tokenized stocks and commodities 7.
Services
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Crypto ↔ fiat (USD/EUR)
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Trading Tesla, gold, or oil as crypto tokens
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Leverage up to 100x
Pros
✅ 0% fees on stock token trades
✅ Simple EUR deposits via SEPA
✅ Demo account for practice
Cons
❌ No GEL or cash support
❌ Full KYC required
Comparison Table: Georgia’s Top Crypto Exchanges
Platform | License | Fees (USDT→USD) | Cash Option? | KYC |
---|---|---|---|---|
GeCrypto | NBG | 0%-0.3% | ✅ In-person | Physical ID only |
Aifory Pro | ❓ | 0.5%-1.5% | ✅ In-person | Online ID |
Cryptal | NBG | 0.1%-0.5% | ❌ | Full online |
Binance | Global | 0.1%-1% | ❌ | Full online |
Currency.com | Belarus | 0.15%-0.3% | ❌ | Full online |
Why Offline Exchanges Win in Georgia
While online platforms offer convenience, Georgia’s tax ambiguity (5% crypto income tax) and bank freezes make licensed offline services like GeCrypto the safest choice for cash conversions 810:
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No bank reports: In-person cash deals avoid suspicious transaction alerts.
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Immediate liquidity: Walk out with USD in minutes, not days.
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Audit protection: Licensed offices provide transaction receipts for legal compliance.
*"GeCrypto’s guard-protected office and license framed on their wall gave me confidence to exchange $58K BTC."* – Djamal M., Trustpilot 6
Final Verdict
For small GEL trades, Cryptal or Binance suffice. But for large, secure crypto-to-cash exchanges, GeCrypto’s NBG license, fee-free large deals, and armored Tbilisi office make it Georgia’s #1 choice in 2025. Always verify an exchange’s NBG registration (find active licenses here) before transacting.
ℹ️ Disclosure: GeCrypto sponsored this analysis. We independently verified all data via NBG records and user testimonials.