This guide explains how to buy or sell Bitcoin in Georgia, whether you’re in Tbilisi, Rustavi, or Batumi, doing it in person with cash or remotely via your bank account. We cover the full process: what documents you need, how verification works, how long it takes, what fees to expect, and how to avoid scammers.

If you want to exchange crypto without the hassle of picking the right service from dozens of options, Werty is a licensed crypto exchanger with offices in central Tbilisi, Rustavi, and now also in Batumi. You can exchange with cash in person or via a Georgian bank account remotely. To check the current rate or leave a request for exchange, fill out the form.

Is It Legal to Buy and Hold Bitcoin in Georgia?

Yes, fully legal. Crypto is not an official legal tender in Georgia — you can’t pay for groceries in Bitcoin — but buying, selling, holding, and exchanging it is completely permitted for both individuals and companies.

Tax picture for individuals: 0% income tax on crypto profits, no VAT on exchanges. This applies to Georgian tax residents (183+ days in Georgia per year, or qualification via the high-net-worth individual program). Companies pay a 15% corporate income tax upon profit distribution (not on every transaction). Reinvested profits are not taxed: this follows Georgia’s Estonian-style model. 

How to Buy Bitcoin in Tbilisi, Batumi, and Rustavi

There are three main ways to buy Bitcoin through a licensed Georgian exchanger like Werty: with cash, with a bank card or bank transfer, or by swapping another crypto. The process starts the same way in all three cases: you create a request and verify your identity.

Buy Bitcoin with Cash in Georgia

This is the most popular option for first-timers in Georgia. You come to the office, agree on the amount and rate with the manager, go through a quick identity check, hand over cash, and receive Bitcoin to your wallet. The entire transaction happens on the spot. 

Werty’s Tbilisi office is in the Vera district, right in the city center, Batumi’s one is near Piazza Square. The Rustavi office is at the car market. All of them have secured premises, tinted armored exchange booths, and banknote verification machines (Magner and Hitachi) — so large cash amounts are handled safely.

Client case: A client visited the Tbilisi office to purchase Bitcoin worth $3,000 in cash. It was his first time using a crypto exchange service. From walking in to receiving BTC in his wallet, the entire process took just 12 minutes. He had completed online verification the day before, so only the exchange itself remained.

Buy Bitcoin with Bank Card or Bank Account in Georgia

If you already have a Georgian bank account (Bank of Georgia, TBC, Credo, etc.), you can transfer funds directly from it to the exchange and receive Bitcoin to your wallet. This works for Tbilisi, Rustavi, and also for clients in Batumi and other Georgian cities, you don’t have to travel anywhere.

Werty cooperates with the main Georgian banks and processes all transactions transparently, so there’s no risk of your bank questioning the source of the money later.

Documents You Need to Buy Bitcoin in Georgia

To exchange Bitcoin in Georgia through a licensed service, you’ll need to go through a quick KYC (identity verification) process. It takes about 15 minutes and can be done online or at the office. Here’s what it involves:

• passport upload,
• selfie for identity confirmation,
• a short questionnaire.

That’s it for standard transactions. For larger amounts — typically above $30,000 — the exchanger or your bank may also ask for proof of funds origin. This is normal practice in Georgia and doesn’t mean anything is wrong with your transaction.

Documents that work as proof of funds:

• Employment contract or income declaration from the tax authority,
• Sale agreement (real estate, business, vehicle),
• Brokerage or exchange reports (including crypto exchange history),
• Bank statement showing accumulated funds,
• Inheritance or gift certificate with donor documentation,
• Loan agreement (if funds came from a private or corporate lender),
• Crypto wallet reports and transaction history,
• Freelance platform contracts (Upwork, Freelancer, etc.).

Licensed exchanges like Werty regularly handle large transactions, from car purchases to real estate and investment-related flows. Amounts above $10,000 are routine; the process is just slightly more documented.

Which Other Crypto Currencies You Can Buy in Georgia

Bitcoin (BTC) is the most requested, but most licensed Georgian exchanges work with a broader set of assets. Werty supports exchange of:

• USDT (Tether) — the most frequently exchanged asset in Georgia,
• Bitcoin (BTC),
• Ethereum (ETH).

For less common assets, it’s worth contacting the manager in advance to confirm availability and rate.

Is It Safe to Buy Bitcoin with Werty?

Werty is licensed by the National Bank of Georgia (VASP license from 2025), cooperates with major Georgian banks, and processes all transactions through official channels. Every deal is documented. This matters especially if your Georgian bank ever asks where a large deposit came from — you’ll have a proper paper trail.

Why not P2P? P2P platforms like Binance P2P or Bybit P2P let you find deals with competitive rates, but the counterparty is a private individual. You risk receiving funds from fraud victims (which can trigger a bank block on your account), getting scammed, or having your card frozen for receiving money from an unknown source. Georgian banks pay attention to this. 

Working with a service that exchanges from its own legal entity cuts this risk entirely. In 2026, the regulatory environment has tightened further. Many informal and unlicensed operators have exited the market. The NBG now requires all VASPs to visibly display their registration status in offices, on websites, and in terminals. If a service cannot show its NBG registration, do not proceed. 

Can a Foreigner Buy Bitcoin with Werty?

Yes. Both residents and non-residents of Georgia can buy and sell crypto through licensed exchangers. You don’t need Georgian residency or a Georgian bank account for cash transactions. For bank transfer exchanges, a Georgian account helps but isn’t always required. Ask the manager about your specific situation.

Foreign passports are accepted for KYC verification. The verification process is the same for everyone: passport upload, selfie, short questionnaire.

How to Choose a Reliable Crypto Exchange and Protect Yourself from Scammers

Georgia has a healthy number of licensed crypto exchangers, but there are also fake listings, impersonators, and no-KYC offers that should be avoided. Here’s how to tell the difference:

Signs of a legitimate exchanger:

• Registered with the National Bank of Georgia as a VASP — you can verify on the NBG website.
• Has a physical office with an actual address.
• Requests identity verification (this is required by law, not optional).
• All transactions go through the exchanger’s legal entity, not a random individual’s account.
• Has a proper website and contact channels.

Red flags to avoid:

• “Exchange without documents” — this is illegal for licensed services and a common scammer tactic.
• Requests to transfer money to a private individual rather than a company account.
• Websites that mimic licensed services but with slightly different URLs or branding.
• Offers that seem significantly better than market rate with no explanation.

The scammer pattern in Georgia often works like this: a fake page appears that looks identical to a known licensed exchanger. Someone messages you (via Telegram, Instagram, or even in person) with an “exclusive” rate or a deal that doesn’t require any documents. Once money or crypto is sent, it disappears. Always initiate the transaction yourself through the official platform.

If you need a consultation before exchanging — for example, if you’re not sure what documents you’ll need or want to agree on a rate for a large transaction — leave a request or write to the manager on Telegram. The team will reach out and walk you through the process.