Best Crypto Exchanges Europe

Top Crypto Apps in Europe

After thorough research, we have pinpointed the premier crypto applications and platforms that cater specifically to European investors. Each platform has been meticulously evaluated on the basis of a diverse range of digital currencies available, the ability to handle deposits in Euros via prevalent local methods like bank transfers and SEPA, the user interface, fee structures, and security protocols. Conformity with regulations established by the European Securities and Markets Authority (ESMA) is another crucial criterion in our analysis. From this detailed scrutiny, we bring to you the top five crypto exchanges operating in Europe.

1. eToro

Topping the list in Europe is eToro, a versatile exchange that boasts a broad asset base, offering over 3,000 assets distributed across six sectors including cryptocurrencies, stocks, commodities, ETFs, fiat currencies, and indices. The platform's exceptional versatility extends to its language support, providing access in more than 20 languages, coupled with multilingual customer support in a variety of European languages.

As a testament to its commitment to providing a safe trading environment, eToro is regulated and licensed by ESMA in Europe. With its extensive language support, unmatched range of assets, and sterling reputation as Europe's most trusted exchange, eToro unequivocally emerged as our top recommendation for European investors.

• Minimum Deposit: €50 EUR.
• Supported Tokens: 92 Cryptocurrencies & 3,000+ other assets.
• European Language Options: English, French, Spanish, German, Polish, Dutch, Norwegian, Portuguese, Swedish, Danish, Romanian and Czech.
• EUR Funding Method: Credit/Debit Card, PayPal, Neteller, Skrill, Rapid Transfer, Bank Transfer & Trustly.

2. Bybit

Bybit is the most popular futures trading platform in the world that is known for its exceptionally low fees, zero KYC requirements and 100x leverage on derivatives trading. Because Bybit isn't regulated in any country, it doesn't require KYC, which is ideal for investors who prioritize anonymity. Additionally, it doesn't charge any fees for EUR deposits or withdrawals, and the trading fee is only 0.1%, making it the most affordable platform in Europe. Our team of experts chose Bybit as the second-best option in Europe as it offers extremely low fees, a wide range of Crypto and doesn't require KYC.

• Minimum Deposit: €10 EUR.
• Supported Tokens: 400+ Cryptocurrencies.
• European Language Options: English, French, Spanish, Turkish, and Portuguese.
• EUR Funding Method: Advcash, Credit/Debit Card, Wise, Bank Transfer, Zen, Paysera, SEPA. Google Pay & Maestro.

3. Uphold

Uphold is known for being one of the most trustworthy and transparent exchanges in Europe. It is one of the few exchanges globally that is regularly audited and provides complete transparency in its holdings by publishing its audited proof-of-reserves. This gives its users peace of mind as they can freely check that their assets are held 1:1 on Uphold. The exchange also offers a diverse range of Cryptocurrencies and supports other assets such as commodities like Gold and Silver. It is our third choice for Europeans as it is a highly secure exchange with a vast array of Cryptocurrencies.

• Minimum Deposit: €10 EUR.
• Supported Tokens: 250+ Cryptocurrencies & 100+ other assets.
• European Language Options: English and Spanish.
• EUR Funding Method: Debit/Credit Card, Google/Apple Pay, SEPA & Wire Transfer.

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4. Bitpanda

Bitpanda is a European multi-asset exchange that supports over 250 Cryptocurrencies and other assets, such as stocks, ETFs and fiat currencies. As it is based in Austria, the platform can be used in six European languages and has 24/7 multilingual customer support. It is considered one of the most transparent exchanges in Europe (after Uphold) and undergoes regular auditing by KPMG, highlighting that users funds are backed on a 1:1 basis. Bitpanda is our fourth pick in Europe because its highly secure, has multilingual support, and accepts multiple EUR deposit methods.

• Minimum Deposit: €25 EUR.
• Supported Tokens: 250+ Cryptocurrencies & 2000+ other assets.
• European Language Options: German, English, Italian, French, Spanish, and Polish.
• EUR Funding Method: SEPA, Sofort, Neteller, Skrill, Credit/Debit Card, EPS & Giropay.

5. Binance

Binance is a popular global exchange that has over 120 million users in 100+ countries, including most of Europe. The platform offers a variety of markets to trade including spot, derivatives, options, margin trading and leveraged tokens. The only downside of Binance is that it's both unregulated and requires KYC (identity verification) in Europe. Regardless, the exchange has a user-friendly interface is available in over 40 languages, making it an accessible option for many investors in Europe. Binance is our fifth-best exchange in Europe and considered one of the best globally.

• Minimum Deposit: €10 EUR.
• Supported Tokens: 350+ Cryptocurrencies.
• European Language Options: English, Spanish, French, Portuguese, Slovak, Czech, Romanian, Italian, German, Polish, Turkish, Swedish, Latvian & Slovenian.
• EUR Funding Method: Debit/Credit Card, SEPA, Easy Bank, Wise, Zen, Skrill & Revolut.

Is Crypto Taxed in Europe?

Cryptocurrency taxation in Europe varies from country to country, as there is no uniform regulation at the EU level. However, most European countries consider digital assetsas a taxable asset and subject it to capital gains tax. The tax rate may differ based on the holding period and the country of residence, and some countries may also apply VAT or other forms of taxes.

If you want to get specific details on how crypto is taxed in your country, visit one of our country-specific pages and you can find more details there. Additionally, seeking guidance from a tax professional in your country or using tax software can help simplify the process and ensure compliance with your local tax laws.

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Is Crypto Trading Legal in Europe?

In Europe, buying Bitcoin and cryptocurrencies is legal in most countries, but regulations can vary depending on your jurisdiction. Generally speaking, digital assets are treated as a normal financial asset and subject to the same legal requirements as other financial instruments like stocks. The only requirement to purchasing cryptocurrency in Europe is providing personal information and passing identity verification procedures on digital asset exchanges.

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What is the Safest European Exchange?

The safest European exchange is eToro. This is because they are licensed by multiple regulatory authorities in the region, such as the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), and the European Securities and Markets Authority (ESMA). These licenses ensure compliance with strict regulatory requirements, enhancing the platform's security and trustworthiness for users.

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The Bottom Line

In conclusion, investing in cryptocurrencies as a European investor requires the use of secure digital asset exchanges. From our extensive research, eToro, Bybit, Uphold, Bitpanda, and Binance rank as the top 5 platforms based on factors such as regulatory compliance, asset diversity, language support, fee structures, and security protocols.

While cryptocurrency regulations and taxation differ by country, investing in digital assets is generally legal and treated as a financial asset in Europe. To ensure the highest level of security, we recommend eToro due to its licensing and regulatory compliance with several financial authorities. Regardless of the platform you choose, remember to always navigate the crypto space responsibly and seek professional advice when needed.