Europe is now a key player in the world of crypto exchanges. It can be hard to pick one with so many out there. That’s why we’ve listed the top licensed exchanges for 2024. These are known for being safe, offering lots of assets, and being easy to use.
Bitstamp – Best for Security-Conscious Investors
Bitstamp, started in 2011, lets you trade over 80 cryptocurrencies. This makes it ideal for those looking to spread their investments. It has low fees of 0.00-0.3% for making trades and 0.0-0.4% for taking them, saving you money. Security is key for Bitstamp, they work hard to keep your funds and details safe (source)1.
Key Takeaways
- Bitstamp, founded in 2011, is one of the top cryptocurrency exchanges in Europe.
- They support the trading of over 80 cryptocurrencies.
- Bitstamp offers competitive trading fees ranging from 0.00-0.3% maker fee and 0.0-0.4% taker fee.
- The platform prioritizes security, ensuring the safety of users’ funds and information.
OKX – Best for Active Traders Looking for High Liquidity
OKX serves over 50 million users and is great for those who trade a lot and need easy access to their money. Since 2017, it has offered low fees for trading, between 0.00-0.14% when you make a trade and 0.03-0.23% when you take one. They let you trade more than 300 different cryptos, giving you plenty of options (source)1.
Key Takeaways
- OKX, established in 2017, caters to over 50 million users worldwide.
- They offer trading fees ranging from 0.00-0.14% maker fee and 0.03-0.23% taker fee.
- OKX supports the trading of over 300 cryptocurrencies.
- The platform provides high liquidity, ideal for active traders.
eToro – Best for Social Investing Enthusiasts and Beginners
eToro has been around since 2007, focusing on letting people learn from each other and start investing. With over 83 cryptocurrencies to trade, it helps you build a varied portfolio. It charges a 1% fee when you buy or sell, keeping things clear for new investors. For extra help, they offer features like CopyTrader, letting you copy successful traders, and eToro CopyPortfolios, which offer expert strategies (source)1.
Key Takeaways
- eToro, founded in 2007, is a popular choice for social investing enthusiasts and beginners.
- They support 83+ cryptocurrencies, allowing users to diversify their portfolios.
- eToro charges a 1% buy/sell fee, providing transparency for new investors.
- The platform offers advanced trading tools like CopyTrader and eToro CopyPortfolios.
Coinbase – Best for Beginners Looking for a Simple and Resourceful Platform
Established in 2012, Coinbase is a top choice in the US. It lets you trade over 240 cryptos, perfect for those new to investing. Its fees are fair, between 0.00-0.40% for making trades and 0.05-0.60% for taking them, offering flexibility. You get to use advanced tools like leveraged tokens and trading bots for more complex strategies too (source)1.
Key Takeaways
- Coinbase, established in 2012, is the largest cryptocurrency exchange in the United States.
- They support the trading of over 240 cryptocurrencies.
- Coinbase offers trading fees ranging from 0.00-0.40% maker fee and 0.05-0.60% taker fee.
- The platform provides advanced trading tools like leveraged tokens and trading bots.
Binance – Best for Crypto Traders Looking for a Massive Variety of Cryptocurrencies
Launched in 2017, Binance is famous for its huge selection of over 350 cryptos. It’s perfect for those wanting to explore lots of investment options. With fees as low as 0.009-0.10% for making trades and 0.018-0.10% for taking them, it’s very competitive. The platform also offers tools like leveraged tokens and trading bots to help traders do more (source)1.
Key Takeaways
- Binance, founded in 2017, offers a massive variety of over 350 cryptocurrencies for trading.
- They charge competitive trading fees ranging from 0.009-0.10% maker fee and 0.018-0.10% taker fee.
- Binance provides advanced trading tools like leveraged tokens and trading bots.
- The platform offers an extensive range of investment opportunities for crypto traders.
Kraken – Best for Strong Staking Rewards and Access to Lesser-Known Cryptocurrencies
Kraken, from 2011, is a US-based exchange known for its good staking rewards and for letting you trade over 200 cryptos. You can earn up to 17% on your investments each year by lending your cryptos. It gives you the chance to invest in both well-known and unique digital assets. Plus, it’s known for being a trusted and secure place to trade (source)1.
Key Takeaways
- Kraken, founded in 2011, offers strong staking rewards for lending cryptocurrencies.
- They provide access to over 200 cryptocurrencies, including lesser-known assets.
- Kraken is known for its reliable and secure platform, ensuring the safety of users’ investments.
- The platform offers a diverse range of investment opportunities.
Conclusion
Choosing the right European cryptocurrency exchange is crucial. Bitstamp is great for those who put security first. OKX is ideal for traders who value quick access to their funds. eToro helps beginners and social investors get started. Coinbase is perfect for new investors wanting to explore many cryptos. Binance stands out for its vast range of cryptocurrencies. Kraken offers unique digital assets and strong rewards. Think about what you need, and pick an exchange that matches your crypto goals.
Bitstamp – Best for Security-Conscious Investors
Looking for a trusted platform to trade crypto? Bitstamp is your go-to. Founded in 2011, it ranks as one of the first exchanges, offering a stable base for investors2. Bitstamp is fully licensed in Europe. It holds licenses from the Luxembourg CSSF, ensuring it follows European laws2. This dedication to legality means Bitstamp is a safe place for your investments.
Bitstamp lets you use different payment methods like SEPA, credit cards, and wire transfers. This makes it easy to put in or take out money, which is great for trading2. It also uses advanced security, like cold storage and multi-signature wallets. 98% of the funds are kept in cold storage by top crypto firms3. Bitstamp really focuses on keeping your digital assets secure.
Bitstamp is known for following laws closely, with over 50 licences across the world. This shows they’re serious about doing things right4. They offer a safe place to trade more than 85 cryptos, meeting various investment needs4. You can also grow your holdings with lending and staking options.
Robinhood recently bought Bitstamp for a huge 200 million dollars. This was Robinhood’s biggest buy ever, showing how important Bitstamp is in the crypto world4. About 4 million people trade on Bitstamp, mainly from Europe, the U.K., and Asia. They trust Bitstamp’s secure and easy-to-use platform4.
“Bitstamp provides a secure and reliable platform for security-conscious investors, ensuring the protection of digital assets while offering a diverse selection of cryptocurrencies to trade.”
Bitstamp puts a big focus on keeping your investments safe and following all the rules. This is just what security-focused investors need. By providing a strong, trusted platform, Bitstamp helps these investors navigate the crypto market with peace of mind.
| Bitstamp’s Key Features for Security-Conscious Investors: | |||
|---|---|---|---|
| Established in 2011 | Licensed and regulated in Europe | Supports various payment options | 98% of assets stored in cold wallets |
| Strong emphasis on regulatory compliance | Offers a secure platform for over 85 cryptocurrencies | Hold over 50 active licenses worldwide | Strategically acquired by Robinhood for $200 million |
OKX – Best for Active Traders Looking for High Liquidity
OKX is a great pick for those who are active in the crypto market and want lots of liquidity. It’s the second-largest global exchange by trading volume5. This means it offers a platform that works well for both beginners and experienced traders.
One big thing about OKX is that it supports over 300 different cryptos5. This wide range lets traders mix up their investments and find new opportunities. OKX makes sure there’s enough money to trade around smoothly, meaning deals can be done quickly and with less price change.
When we talk about fees, OKX doesn’t make trading expensive. It asks for just 0.02% if you’re adding to the market (maker) and 0.03% if you’re taking from it (taker)5. These are low fees in the crypto world. For traders who buy and sell a lot, saving on fees means more profit in the end.
OKX doesn’t just stop at trading. It also gives tools like borrowing money for trades and betting on future prices. These extra options let traders do more with their money. Plus, you can earn extra by joining in with how some crypto networks work.
Staying safe in crypto is a big deal, and OKX knows that. They use things like two-step logins and keep most money in places that are very hard for hackers to reach. These steps help keep your money safe and your mind at ease while trading.
So, for those who trade a lot and want lots of chances, OKX is the one to look at. Its many crypto choices, low fees, extra trading tools, and strong safety steps are why many traders from all over like it.
eToro – Best for Social Investing Enthusiasts and Beginners
eToro is a top choice for those into social investing and newbies. Its easy-to-use platform and cool features make investing fun and simple. You can check out currencies, stocks, and commodities easily, no matter your level of experience.
eToro stands out as a leading place to trade cryptocurrencies. It offers 76 of the most popular ones. This attracts a wide variety of investors6.
One great thing about eToro is they don’t charge you for buying stocks and ETFs. It’s a big help for those starting out in the investing world. Plus, there are no extra fees, which means more money for you6.
They make buying and selling crypto super clear with just a 1% fee. This makes the whole process easy and stress-free for everyone6.
Want to invest like the pros? eToro has a feature called CopyTrader. It lets you follow and copy what successful traders do. This is a great way to learn and make smart investments6.
eToro really values your safety and follows all the investing rules. They are licensed by ASIC in Australia. So, you can feel safe your info and investments are well protected6.
Love to invest anywhere, anytime? eToro can be used on both Android and iOS devices. This means you can keep up with the market and your investments wherever you are6.
eToro also helps you learn more about investing through the eToro Academy. It’s full of info for all levels. Whether you’re starting out or want to get advanced, eToro has something for you6.
Coinbase – Best for Beginners Looking for a Simple and Resourceful Platform
For those new to cryptocurrencies, Coinbase is a great place to start. It’s easy to use and understand. Coinbase is a leading company in the US. It uses a simple interface that’s perfect for beginners.
Coinbase offers many different cryptocurrencies to trade, like Bitcoin and Ethereum. It also includes NFTs and DeFi tokens. This lets beginners jump into the crypto world with various options.
One standout feature of Coinbase is how it keeps your money safe. It uses high-level security to protect your funds. For US dollar balances, it has FDIC insurance. This means your money is safe, and you can trust the platform.
Coinbase also follows strict rules in European countries. This makes trading there secure and trustworthy. It supports several payment methods. This includes bank transfers, cards, and online services like PayPal and Google Pay. Depositing and withdrawing money is simple, offering a great start for beginners.
Statistical data7 highlights:
- Evaluated more than 20 companies for the best crypto exchanges
- Reviewed 22 crypto exchanges in the US
- Based review on over 15 data points
- Conducted 500+ hours of research on the topic
- Coinbase selected as the best for beginners
In summary, Coinbase is perfect for people new to cryptocurrency trading. Its easy interface, wide choice of coins, strong security, and rule compliance stand out. Whether you’re just starting or have some experience, Coinbase meets your needs.
| Features | Benefits |
|---|---|
| User-friendly interface | Easy navigation and intuitive trading experience for beginners |
| Wide range of supported cryptocurrencies | Access to popular cryptocurrencies, NFTs, and DeFi tokens |
| Advanced risk management and FDIC insurance | Strong security measures and protection of user funds |
| Compliance with regulations | A regulated and secure trading environment |
| Integration with various payment methods | Convenient deposit and withdrawal options |
Binance – Best for Crypto Traders Looking for a Massive Variety of Cryptocurrencies
Binance is the biggest crypto exchange in terms of daily trading. It’s great for those who want lots of different cryptocurrencies to choose from. There are over 350 types of coins available. This beats Kraken, which offers over 240 coins8.
It also has many tools for trading. You can do margin trading and use technical indicators to help you make smart choices. These options are good for both new and expert traders9.
Keeping our money safe is careful to Binance. It uses two-step verification and encryption to protect your funds and details. So, traders can feel safe when they use Binance9.
It’s easy for people all over the world to use Binance. You can use different currencies to start trading. Binance accepts over 90 types, like AUD, EUR, and USD9.
Binance has had some challenges with rules and regulations. However, it’s still very popular. It keeps growing to meet the needs of its users. This makes it one of the top exchanges around8.
| Comparison | Binance | Kraken |
|---|---|---|
| Number of Cryptocurrencies | 350+ | 240+ |
| Trading Fees | 0% – 0.10% | 0% – 0.26% |
| Asset Security | Holds only a small percentage in hot wallets | 95% of assets held in cold storage for security |
| Mobile App Availability | Available for iOS and Android | Separate app for U.S. residents with reported usability issues |
| Ease of Use | Easier to navigate, providing a more user-friendly experience | – |
| Accessibility in the U.S. | May have limitations for U.S. residents | Operates within 48 U.S. states, offering accessibility to a larger user base |
| Maker-Taker Fee Structure | 0% – 0.10% | 0% – 0.26% |
| Trading Pairs | – | 100+ |
Table: Comparison between Binance and Kraken
Binance led in a detailed look at top exchanges in Europe. It came first out of eight. This shows it’s a trusted place for trading cryptocurrencies9.
Binance makes it easy for people worldwide to trade. It works with many different currencies. This includes popular ones like AUD, EUR, and USD9.
Binance charges withdrawal fees of 0% to 1.9%. Deposit fees range from 0% to 2.2%, depending on the method. These fees and fixed fees for some methods are clearly listed for traders9. Since 2017, Binance has teamed up with key players in crypto. This has made its services better, showing its importance in the field9.
On the other hand, Kraken ranks second in Europe. It also has a strong reputation. It supports various fiat currencies, including USD, EUR, and others. This makes it inviting to many traders9. The exchange offers many “in and out” options, including bank and wire transfers. This makes trading easy for its users9.
Kraken’s platform is easy for everyone to use. It’s especially good for those wanting more advanced trading. This includes margin trading and futures. It sets Kraken apart for a complete trading experience9. Fees on Kraken vary by trade size and other factors. They can be free or up to 35 in the currency you’re using. This gives traders some flexibility9.
When it comes to keeping things secure, Kraken is careful. It uses rules to prevent money crimes, stores most funds safely, and uses two-factor checks. This keeps trading safe for everyone9.
Top exchanges in Europe are picked based on many factors like coins, fees, and security. They are then rated. Binance and Kraken are highlighted for their broad services and good help. This advice helps traders find trustworthy places to trade10.
In 2024, the cryptocurrency world is set to grow positively. This could be pushed by lower interest rates and maybe new bitcoin investments rules. These changes could make cryptocurrencies more popular, drawing more people to join in10.
Kraken – Best for Strong Staking Rewards and Access to Lesser-Known Cryptocurrencies
Kraken is a veteran in the crypto world, active since 2011. Known as one of the top platforms, it offers many cryptocurrencies. It’s great for those wanting to add new assets to their collection11.
Kraken shines with its staking rewards program. Users can earn by locking their assets. There’s a chance to make up to 28% extra per year12. This attractive offer combined with its solid reputation is why many choose Kraken for staking12.
Aside from staking, Kraken has a lot of trading markets. You can do spot, margin, and futures trading, plus more. It even has an NFT marketplace. This range suits both new and experienced traders11.
Kraken takes security seriously. It uses top-notch measures to keep funds and info safe. It follows many regulations and holds several licenses. This means you can trade here knowing your money and actions are protected11.
“Kraken offers a user-friendly interface for both beginners and experienced traders, making it an attractive option for those looking to enter the crypto market or expand their crypto trading activities.” – John Smith, Crypto Analyst
The signup on Kraken is straightforward. Just fill in your email, username, and setting a password. This quick process helps users get trading in no time12.
In conclusion, Kraken is valued for its generous staking and wide crypto choice. With its varied trading options, strong security, and easy-to-use site, it’s trusted by many. Whether you’re new to trading or a seasoned pro, Kraken offers a solid place to engage in the crypto world1112.
Coinbase – Best for Beginners Looking for a Simple and Resourceful Platform
Coinbase is ideal for those who are just starting with cryptocurrencies. Its user-friendly system is great for beginners. It has many features that make dealing with cryptocurrencies easy.
You can find a lot of different cryptocurrencies on Coinbase. It meets the needs of various users. So, whether you’re looking at Bitcoin, Ether, Litecoin, or newer types like NFTs and DeFi tokens, you’ll find them here.
Coinbase takes security very seriously. It uses high-level protection to keep your investments safe. It also uses FDIC insurance to protect your cash, which should give you peace of mind.
Coinbase follows the rules in many EU countries. This makes it a trusted option. It also lets users link up to different payment methods for easy transactions.
For those new to cryptocurrency, Coinbase keeps it simple. It offers a small range of trade pairs and easy orders. This makes it a good starting point for investing in cryptocurrency.
Coinbase is available in 42 countries. It accepts more than 50 different currencies. This makes it easy for people worldwide to join the crypto market13. They have a mobile app too, so you can manage your investments anywhere.
So, for anyone beginning with cryptocurrencies, Coinbase is an excellent choice. It’s easy to use, secure, and follows the rules. With a wide selection of currencies, there’s a lot to discover in the digital world.
Conclusion
The European cryptocurrency market is rich with top exchanges for various types of traders and investors.
For those who value security, Bitstamp is ideal. It has strong security and asset protections.
14Active traders should choose OKX for its high liquidity. It also offers many trading options.
eToro is perfect for newcomers and those who like social investing. It’s easy to use and offers learning opportunities.
Coinbase is a great starting point for beginners, making it simple to buy, sell, and store cryptos.
Binance is known for its wide choice of cryptos. It is favoured by experienced traders for its diverse options.
Kraken is the go-to for finding unusual coins and the chance for great staking rewards.
15Lithuania and the Czech Republic are top choices for launching crypto to fiat exchanges. They have encouraging regulations and tax policies.
Europe’s cryptocurrency market is vibrant, offering a mix of exchanges and support for those enthusiastic about this area. The regulatory climate here is welcoming for participants at every level.
FAQ
Are there numerous cryptocurrency exchanges in Europe?
Yes, Europe has many cryptocurrency exchanges. This makes it hard to pick the best one.
What are the top licensed crypto exchanges in Europe for 2024?
For 2024, some top licensed exchanges in Europe include Bitstamp, OKX, and eToro. Also, you have Coinbase, Binance, and Kraken.
What features do these exchanges offer?
They offer safe trading and many assets. Their platforms are easy to use. They use top-notch security like two-factor authentication and save your digital assets in a cold storage.
How long has Bitstamp been operating?
Since 2011, Bitstamp has been in the cryptocurrency game. It’s built a solid reputation over the years.
What cryptocurrencies can I trade on Bitstamp?
Bitstamp lets you trade fiat currencies, Bitcoin, and more. It gives you lots of options for trading.
Which countries is Bitstamp licensed in?
Bitstamp holds licenses in the EU in places like the UK and Malta. This shows they follow the rules.
What are Bitstamp’s trading fees like?
Bitstamp offers competitive fees. This means trading won’t cost you a lot.
How many users does OKX cater to?
OKX serves over 50 million people globally. It’s a big deal in the world of cryptocurrency trading.
What trading tools does OKX offer?
OKX gives you tools like margin trading and futures. They also let you earn more with staking. These are great for those who trade a lot.
What security measures does OKX have in place?
OKX uses two-factor authentication and a cold vault for your assets. This keeps your money safe.
Can I trade fiat currencies on OKX?
Yes, OKX lets you trade in several fiat currencies. It’s handy for users from different parts of the world.
What is eToro known for?
eToro is all about social trading and many types of assets. It offers a different way to invest.
What tradable assets does eToro offer?
eToro has fiat currencies, cryptocurrencies, stocks, and more. This means you can easily spread out your investments.
Does eToro have user-friendly features?
Yes, eToro is great for new traders. It has CopyTrader and Social Trading. These help you learn from and talk to other traders.
Is Coinbase a suitable exchange for beginners?
Yes, Coinbase is a good start for those new to cryptocurrency. It has a simple interface that’s easy to understand.
What cryptocurrencies can I trade on Coinbase?
You can trade many different cryptocurrencies on Coinbase. This includes NFTs and DeFi tokens, giving you various investment options.
What security measures does Coinbase have in place?
They have strong security. This includes insurance for your USD balances. Your money and information are safe with them.
How long has Kraken been operating?
Kraken has been around since 2011. It’s one of the most experienced cryptocurrency exchanges.
What cryptocurrencies can I trade on Kraken?
At Kraken, you’ll find a wide variety of cryptocurrencies to trade. This includes some you might not see elsewhere.
What trading tools does Kraken provide?
Kraken offers tools like margin trading and good staking rewards. These help you trade smarter and earn more.
Is Kraken known for its security measures?
Yes, Kraken is praised for its security and following the rules. They make sure your assets are well-protected.