pakistan

Pakistan's crypto industry is facing a major debate after a religious ruling from Jamia Darul Uloom Karachi declared that cryptocurrencies are generally not permissible under Shariah, arguing they do not qualify as recognized wealth or property.
However, the Pakistan Virtual Assets Regulatory Authority (PVARA) has not banned crypto. Instead, it is working with Islamic scholars to distinguish between:
❌ Highly speculative cryptocurrencies.
✅ Asset-backed digital tokens (such as gold-backed tokens or certain Islamic finance products), which may be considered Shariah-compliant on a case-by-case basis.
Why this matters
🇵🇰 It could influence how crypto is regulated in Pakistan.
📉 It may affect investor sentiment among Muslims who follow Islamic finance principles.
🚀 It could encourage the development of Shariah-compliant blockchain and tokenized asset projects instead of purely speculative cryptocurrencies.
This is an evolving situation, and regulators have said they intend to continue discussions with religious scholars rather than halt crypto development.
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Many people think the hardest part of crypto trading is predicting the market. In Pakistan, I believe the real challenge is simply adding funds and withdrawing them safely.
Since crypto isn't fully supported through the traditional banking system, many traders rely on P2P transactions. While P2P works for many users, it also comes with risks if you deal with the wrong merchant.
Unfortunately, I experienced this firsthand.
I used P2P to buy crypto, and after completing the transaction, the merchant later filed a bank payment reversal claim. As a result, not only did I lose access to my crypto payment, but my entire bank account was frozen, causing a lot of stress and financial inconvenience.
I'm sure I'm not the only one who has gone through something like this. Many Pakistani traders face similar issues because there are very few convenient and reliable options for funding and withdrawing from crypto exchanges.
Recently, I came across digital payment platforms such as Fasset and Rizon. I've heard that they may allow Pakistani users to buy and sell crypto more directly through local payment methods.
I haven't used them yet, but I'm interested in learning from people who have.
If you're from Pakistan and have used Fasset or Rizon, I'd really appreciate your honest feedback.
- How was your deposit and withdrawal experience?
- Were the transactions smooth?
- Did you face any delays or issues?
- Would you recommend these platforms to other Pakistani crypto traders?
Let's help each other by sharing real experiences. It might save someone from scams and make crypto trading safer for everyone.
Trade safely, verify every transaction, and always do your own research (DYOR).
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If you are in Pakistan and want to start trading or earning on Binance, you’ll first need USDT. Since direct bank access isn’t allowed, the best way is Binance P2P.
What is P2P?
Peer-to-Peer. In this, you directly buy USDT from a seller and make the payment via JazzCash, Easypaisa, or bank transfer. Binance acts as an "Escrow" in the middle to prevent fraud.
Step-by-Step Process:
Step 1: Open the P2P section
In the Binance app > Home, click on `P2P`
Step 2: Buy select کریں