Headed to Qatar? Here's How to Use Your Crypto | BitPay (2024)

/ Spend Your Crypto
Headed to Qatar? Here's How to Use Your Crypto | BitPay (1)

Billions around the world are gearing up to watch the 2022 FIFA World Cup, which kicks off in Doha, Qatar on Nov. 20. As always, the quadrennial tournament is sure to be a heart-stopping showcase of the world’s best footballers in action. But if you’re lucky enough to be going to see it live and hoping to spend crypto while you’re there, you’ll want to do some advance planning. Qatar isn’t exactly crypto-friendly, but we’ve got your back. Read on for our handy guide on using your crypto to fund your trip to the Qatar World Cup.


Crypto on display at the World Cup

Crypto’s prominence on the global stage has increased dramatically since the 2018 FIFA World Cup in Russia. As a result, cryptocurrency will be taking center stage in Qatar, despite being banned in the country.

  • A crypto exchange is an official sponsor: Singapore-based crypto exchange Crypto.com made waves earlier this year when it announced it would be an official sponsor for the 2022 FIFA World Cup. You won’t be able to miss its branding, which will be splashed liberally around tournament venues.
  • An exclusive NFT launch: Crypto.com partnered with fellow World Cup sponsor Visa on an exclusive nonfungible token (NFT) series ahead of the event. Five unique NFTs were auctioned on Crypto.com featuring abstract artistic representations of legendary World Cup goals. Winning bidders also received a high-quality printable version, and sports memorabilia signed by the featured player. All proceeds went to the Street Child United charity.
  • Soccer-themed token rises: In the month leading up to the World Cup, soccer-themed cryptocurrency Chiliz (CHZ) nearly doubled in value. That is, until it slid sharply along with the rest of the crypto market shortly before the tournament. The Ethereum-based token powers Socios.com, a decentralized fan engagement platform.

Can I use crypto in Qatar?

You may be wondering, is crypto legal in Qatar? Unfortunately the answer is no. Crypto transactions are banned in the country. But you can still use crypto to fund every part of your trip to the World Cup tournament, and BitPay can help.

  • Using the BitPay Card: The BitPay Card is a crypto debit card which is loaded from the BitPay Wallet. Turn crypto in your wallet or Coinbase account into cash in an instant. Use it anywhere that Mastercard is accepted. Sign up and get approved, then start using it right away. Pay with the card online, in-person or use at an ATM to grab cold hard cash. The card syncs with Apple Wallet and Google Wallet for mobile payments on the go.
  • Turn crypto into gift cards: Turn your crypto into digital gift cards for hundreds of the most popular global brands. Use in an instant, save for later or send to family and friends.

Important! Be sure to load the card or buy gift cards before landing in Qatar. Loading the BitPay Card or buying gift cards may be considered a crypto transaction under Qatari law, and therefore illegal. The BitPay Card is available to U.S. residents and can be used anywhere in the world that accepts Mastercard.

How to use crypto while you’re in Qatar for the World Cup

Despite crypto’s prominent visibility at the 2022 FIFA World Cup, Qatar isn’t the digital assets haven you may have been hoping for. But worry not, with BitPay you can still spend crypto for all of your World Cup travel and lodging needs, and just about any other shopping you’ll want to do.

Getting there

You’re already going to the world’s biggest sporting event, so why not make it a truly unforgettable experience with a flight on a private jet? A number of charter companies accept direct crypto payments via BitPay. And the process couldn’t be simpler. Here are two ways to pay for your private flight to Qatar with BitPay.

  • Pay directly from your crypto wallet
  • Use the BitPay Card to load crypto and spend it like cash with any travel company that accepts Mastercard

Charter companies that accept crypto payments

You have many options for booking a private flight with crypto for this year’s FIFA World Cup, including. These charters accept crypto payments straight from your wallet; no conversion needed!

  • airBaltic - Providing luxurious and convenient private flight service to the Baltics, Russia, the Middle East, and Europe.
  • Cielo Aviation - Offers a range of private jet charters, air taxis, and helicopters worldwide for groups or individual travelers.
  • Fast Private Jet - Provides exclusive, custom flight experiences and a dedicated service team, no matter your destination.
  • JetFinder - Private jet charter service for luxury and corporate travel offering flights to over 20,000 destinations worldwide.
  • LunaJets - A leading European private jet charter provider, LunaJets boasts simple, fast, and reliable bookings for your global travel needs.
  • Monarch Air - Owned and operated by major airline pilots, Monarch Air offers service for occasional travelers or a Jet Program for more frequent private flyers.
  • PrivateFly - Premium charter jet service offering private flights between any global airports.
  • Simply Jet - Swiss-based private jet chartering company with global destinations and an emphasis on service and quality.
  • The Aviation Factory - Offers luxurious, personalized private air travel services with efficient service and destinations around the world.

Staying there

After each adrenaline-pumping day immersed in the sights and sounds of the World Cup tournament, you’ll want a comfortable hotel room to put up your feet for the night. Whether you’re looking to stay in the middle of the action or off the beaten path, BitPay can help book your entire stay. Choose anything from five-star luxury accommodations to efficient and economical digs.

  • Purchase Hotels.com gift cards using your BitPay Wallet. Hotel.com has an extended list of hotels in Doha where the tournament is being staged.
  • Use the prepaid BitPay Card to pay for your stay. Check with your hotel to see if you will need an additional credit card for incidentals.

While you’re there

Once you’ve arrived in Qatar, it’s only a matter of time before you’re ready to do some serious shopping, eating and exploring. After all, it’s not every day you’re attending the World Cup in the Middle East, so you’ll want to make the most of it. This is where the BitPay Card really shines. You can use the card at ANY merchant that accepts Mastercard. Meals, experiences, team merchandise at the match – if you can think of it, you can most likely buy it with the BitPay Card.

Another easy way to fund your experience is with gift cards. Load up on gift cards from your choice of hundreds of BitPay partner merchants. Now all you’ve got to do is swipe (or scan) to your heart's content on everything from food and entertainment to travel and team merchandise.

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Headed to Qatar? Here's How to Use Your Crypto | BitPay (2024)

FAQs

Headed to Qatar? Here's How to Use Your Crypto | BitPay? ›

Transactions banned by the QFC

Its very obvious that a country aims to go viral in the form of digital currency. But cryptocurrency in Qatar transaction transactions is not allowed in the country. The ban includes the conversion of fiat money to crypto, as well as the crypto to crypto transactions.

Is crypto allowed in Qatar? ›

Transactions banned by the QFC

Its very obvious that a country aims to go viral in the form of digital currency. But cryptocurrency in Qatar transaction transactions is not allowed in the country. The ban includes the conversion of fiat money to crypto, as well as the crypto to crypto transactions.

How do I use my crypto money? ›

You can buy cryptocurrency with fiat money on cryptocurrency exchanges or apps. You send and receive payments using a cryptocurrency wallet. You can use any wallet compatible with the cryptocurrency and exchange you choose. A growing list of online retailers and brick-and-mortar stores accept cryptocurrency as payment.

What crypto wallet can I use in Qatar? ›

Best Bitcoin Wallets for Qatar
  • Mobile. Zengo is an easy iOS & Android crypto and NFT wallet.
  • Hardware. Ledger Nano S Plus is a secure hardware wallet that connects to your computer via USB-C.
  • Desktop. BlueWallet is a popular desktop Bitcoin wallet which is compatible with Windows, Mac, and Linux.

How do I get my money out of BitPay? ›

Follow these steps: Download the BitPay Wallet app or use the BitPay.com platform. Select the cryptocurrency and the amount you'd like to convert crypto to cash. Choose your payout method—direct bank deposit or an existing debit card.

Is Qatar Bitcoin friendly? ›

Qatar has banned crypto operations and trading on its territory, with the Qatar Financial Centre adopting a 2020 act prohibiting banks and financial institutions from exchanging, receiving, sending, or creating accounts for cryptos. The ban was prompted by concerns about money laundering and terrorist financing.

Which trading is legal in Qatar? ›

Yes, forex trading is legal in Qatar. The financial markets in Qatar, including forex trading, are regulated by the Qatar Central Bank (QCB) and the Qatar Financial Markets Authority (QFMA).

How to turn crypto into cash? ›

Here are five ways you can cash out your crypto or Bitcoin.
  1. Use an exchange to sell crypto.
  2. Use your broker to sell crypto.
  3. Go with a peer-to-peer trade.
  4. Cash out at a Bitcoin ATM.
  5. Trade one crypto for another and then cash out.
  6. Bottom line.
Feb 9, 2024

How do I withdraw my money in crypto? ›

How to withdraw money from Crypto.com
  1. Open the Crypto.com App and go to “Accounts”.
  2. Open your Crypto Wallet.
  3. Tap the TRANSFER button > “Withdraw” > “External Wallet”.
  4. Click on the “+ Add Wallet” button to add a new withdrawal address.
  5. Select the cryptocurrency you want to withdraw.
  6. Click on “Withdraw” from the menu.
May 24, 2023

How to spot a Bitcoin scammer? ›

How To Spot Cryptocurrency Scams
  1. Offers that guarantee large future gains.
  2. Offers that involve “free” money, bitcoins or tokens.
  3. Offers with time limited offers or countdown timers on them.
  4. Messages that offer you jobs or opportunities out of the blue.
  5. Deals that are too good to be true, no one gives out free money.
Feb 16, 2024

Can I use Coinbase in Qatar? ›

QAtar (QATAR) is not tradable on Coinbase.

How to sell crypto in Qatar? ›

How to Sell Bitcoin on Symlix marketplace
  1. Sign Up. Signing up is quick and simple.
  2. Browse for offers. People around the world buy and sell crypto.
  3. Browse for swap offers. Use the filter to sort offers and find convenient ones.
  4. Swap. When you find an offer just click Swap.
  5. Open a trade. ...
  6. Get your Bitcoin. ...
  7. Get your coins.

Is there a bitcoin machine in Qatar? ›

Unfortunately, there is no bitcoin ATM we know of in Qatar. You can check the full list of countries with currently known bitcoin ATM installations.

How do I get my money back from BitPay? ›

How to claim a refund from a BitPay merchant refund email
  1. Open the email and click Collect Refund.
  2. Enter your wallet address for your refund. You will be refunded in the same cryptocurrency you used to pay the invoice. ...
  3. Your refund will be sent to your refund address within 1-2 business days.
Mar 29, 2024

Does BitPay report to IRS? ›

BitPay complies with the requirements of Section 6050W of the Internal Revenue Code. This Section requires payment processors to provide information to the IRS through Form 1099-K reporting.

Should I cash out my crypto? ›

Reasons for cashing out crypto or Bitcoin

The decision to cash out crypto or Bitcoin depends on your financial goals and market conditions. You may want to lock in gains, cut or harvest losses for taxes, or simply use your digital assets in the real world. It's crucial to consider tax implications and market timing.

Is crypto allowed in Dubai? ›

Is Cryptocurrency Legal in Dubai? The Central Bank of UAE* has not licensed cryptocurrencies or recognized them as legal tenders. However, there are no prohibitions against crypto assets and they can be traded on crypto exchange platforms. UAE citizens can own cryptocurrencies, and deposit and trade them.

Is Coinbase available in Qatar? ›

Unfortunately, no; Coinbase does not open crypto trading accounts to Qatar based clients.

Is crypto tax free in Dubai? ›

Cryptocurrency is legal in Dubai, and the city does not levy capital gains tax or personal income tax on crypto holdings for individual investors. As a result, profits from the sale, staking, or mining of cryptocurrencies aren't taxed, leading to significant savings for investors.

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