Kazakhstan uses the Kazakhstani tenge (KZT), which has floated freely against other currencies since 2015. The country has become a notable location for cryptocurrency mining activity in recent years.
Published September 15, 2026 · 2 min read
The Kazakhstani tenge has floated freely against other currencies since 2015. Kazakhstan has become a notable location for cryptocurrency mining activity, a widely reported characteristic of its energy and regulatory environment. Card acceptance is well developed in the country's larger cities, including Almaty and Astana.
People holding cryptocurrency can exchange it for tenge through several routes.
Each method has different steps and settlement characteristics.
A card funded from a crypto wallet converts a stablecoin balance to Kazakhstani tenge at the point of payment or ATM withdrawal. This approach removes the need for a separate exchange step before spending. The card draws on your wallet's balance and settles the transaction in tenge where cards are accepted.
Nexus Pay is a crypto wallet with a Visa card funded across six networks. It includes in-app coin swaps and supports spending or ATM withdrawals in Kazakhstani tenge. The card converts your stablecoin balance to the local currency when you pay, offering a direct path from crypto to everyday purchases in Kazakhstan's larger cities.
Card acceptance is well developed in Almaty, Astana, and other larger cities, making wallet-linked cards practical for urban transactions and ATM access. Kazakhstan's active cryptocurrency mining scene suggests some local infrastructure for crypto exchange. For areas with less developed card infrastructure, exchanging crypto for tenge in advance may be more reliable.
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