Best Crypto Exchanges Germany

Top Trading Platforms in ‍Germany

We have created a detailed ranking process to identify the top Cryptocurrency exchanges for German investors. Our team has evaluated each exchange based on multiple key factors, such as supported deposit methods, security and regulatory compliance, deposit and trading fees, and available features. Through our in-depth analysis, we have discovered the 5 Best Crypto Exchanges in Germany.

1. eToro

After careful evaluation, our team has determined that eToro stands out as the clear winner for German investors. We selected eToro as the platform provides multilingual support, including German, and has customer support agents that speak the language. In addition to Cryptocurrencies, the exchange also offers Stocks, Commodities, ETFs, Fiat Currencies and Indices. It was founded in 2007 and has never once been subject to a cyber attack, proving it is battle-tested and secure. eToro is regulated and licensed with the CySEC in Germany and Europe.

• Minimum Deposit: €50 EUR.
• Supported Tokens: 92 Cryptocurrencies & 4000+ other assets.
• Language Options: German, English & 17 other languages.
• EUR Funding Method: Credit/Debit Card, PayPal, Neteller, Skrill, Rapid Transfer, Bank Transfer & Trustly.

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2. Bybit

Bybit has secured the second position in our list as it offers the lowest fees out of any exchange globally. The exchange doesn't charge fees for EUR deposits or withdrawals and the trading fee is a low 0.1%. However, the platform is not currently regulated in Germany but can be used in the country. In saying that, it provides regularly updated proof-of-reserves to assure users that funds are backed 1:1. While Bybit cannot be used in German, the platform offers 24/7 support staff who speak the language. As it's unregulated, it does not require mandatory KYC (identity verification) requirements.

• Minimum Deposit: €10 EUR.
• Supported Tokens: 400+ Cryptocurrencies.
• Language Options: English & 21 other languages.
• EUR Funding Method: Advcash, Credit/Debit Card, Wise, Bank Transfer, Zen, Paysera, SEPA. Google Pay & Maestro.

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3. Binance

Binance is the third-best Cryptocurrency exchange in Germany as the platform can both be used in German and offers 24/7 German-speaking customer support. Our team selected Binance as the third option for German investors due to its wide selection of features including several staking options with high yields, Crypto borrowing and lending services, a large DeFi hub with a native wallet, bridge, chain, and NFT marketplace, among other factors. It provides a versatile and comprehensive platform for German investors seeking a broad range of Cryptocurrency services.

• Minimum Deposit: €10 EUR.
• Supported Tokens: 350+ Cryptocurrencies.
• Language Options: German, English & 39 other languages.
• EUR Funding Method: Debit/Credit Card, SEPA, Easy Bank, Wise, Zen, Skrill & Revolut.

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4. Bitpanda

Our fourth pick for investors in Germany is Bitpanda, it's a multi-asset exchange that supports over 250 Cryptocurrencies and other assets, such as stocks, indices, and commodities. Bitpanda can also be used German and has 24/7 German-speaking customer service. It is considered one of the most secure exchange in Europe and undergoes regular auditing by KPMG, providing complete transparency in its funds and showing that they are held on a 1:1 basis. Bitpanda is an ideal option for all types of investors due to its user-friendly interface and diverse range of assets.

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

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5. Uphold

Uphold is recognized as the most secure, trusted and transparent exchange in Europe due to its detailed audited reserves, which enables users to see the individual amount of each asset. Our team has ranked Uphold as the fifth-best option for investors in Germany due to its robust security measures and diverse range of Cryptocurrencies, as well as its support for other assets, such as commodities. As such, Uphold provides a reliable, trustworthy and transparent trading environment for German investors seeking a secure way to buy, sell, stake and store Crypto.

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

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Is Crypto Taxed in Germany?

Yes, Cryptocurrency is subject to taxation in Germany and the tax rate of Crypto varies depending on how the tokens are used. For example, if a Cryptocurrency is held as a capital asset and sold or exchanged, then capital gains tax will be applied. The capital gains tax rate in Germany is determined by the individuals personal income tax bracket and can range anywhere between 0% to 45%.

However, if a Cryptocurrency is used for payment in a transaction, it is considered a barter transaction, and the value of the Crypto at the time of the transaction is subject to income tax. In addition, if an individual mines Cryptocurrency as a business, the profits generated from mining will be considered income and taxed accordingly.

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Is Crypto Trading Legal in Germany?

Cryptocurrency in Germany is regulated by the Federal Financial Supervisory Authority (BaFin), which classifies it as a financial instrument that is subject to the same regulatory framework as traditional financial products like stocks. Companies offering Cryptocurrency services must obtain a license from BaFin and comply with Anti-money Laundering (AML) regulations.

The German government has also recently allowed banks to offer Cryptocurrency-investing services, which indicates a step towards to mainstream adoption. The regulatory framework for Cryptocurrencies in Germany aims to protect its citizens, prevent fraud, and promote innovation in the financial sector.

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The Bottom Line

In summary, German residents interested in purchasing cryptocurrencies should choose a reliable and secure digital asset exchange. After thorough analysis, our top recommendations for German investors include eToro, Bybit, Binance, Bitpanda, and Uphold, each offering unique features and benefits. Cryptocurrency is both taxed and regulated in Germany, with the Federal Financial Supervisory Authority (BaFin) overseeing the market. By selecting a trustworthy exchange, German investors can confidently enter the crypto market and diversify their investment portfolios in a safe and compliant manner.