Home Cryptocurrency Comprehensive List of European Cryptocurrency Exchanges

Comprehensive List of European Cryptocurrency Exchanges

by Julia Blackwood
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cryptocurrency exchanges in europe

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Welcome to a detailed list of European cryptocurrency exchanges. Here, you’ll find the top platforms for crypto fans in Europe. These exchanges stand out for their range of cryptocurrencies, advanced tools for trading, and strong security. Let’s explore the exciting world of European crypto exchanges.

Binance – The World’s Largest Cryptocurrency Exchange by Volume

Binance kicks off our list as the top dog in the crypto exchange scene. It sees a huge daily traffic of visitors and a massive number of daily pageviews, reaching1. Unsurprisingly, Binance sports an Alexa Rank of 1001. In 2017, Binance raised $15 million1 in an ICO, grabbing headlines. However, in early 2018, it briefly paused signing up new users1.

Coinbase – The Leading US Cryptocurrency Exchange

Next is Coinbase, a big player from the US serving Europe, including the UK, Germany, and Ireland. It welcomes1 visitors daily with21 pageviews. Despite being based in the US, it holds a firm Alexa Rank of 5841. In 2021, Coinbase marked a significant event by going public on Nasdaq with an $86 billion direct listing1. With over 240 cryptocurrencies available, Coinbase remains popular among crypto fans.

Crypto.com – A Singapore-based Exchange with Strong Trading Volume

Crypto.com is making waves globally with a daily visitor count of and1 in daily pageviews. Its growing popularity is mirrored in its Alexa Rank of 20211. A big deal in the industry was Crypto.com acquiring the naming rights to the former Staples Center in Los Angeles for $700 million1. Now, with more trading volume than Coinbase, Crypto.com is firmly established as a key player in the exchange market.

Huobi Global – Founded in China, Now Serving Intermediate and Advanced Traders

Huobi Global, originally from China, now serves traders of various expertise levels. It logs a daily visitor count of and pageviews of1 daily, showing its strong market presence. It provides spot markets for over 200 assets, offering a wide selection to traders.

Bitstamp – A European Exchange Known for Its Security Measures

Bitstamp is a top player in European crypto exchanges with a strong focus on user asset security. With support for over 80 cryptocurrencies and the ability to trade various assets, including fiat currencies and derivatives3, Bitstamp offers traders a lot. Its security features ensure users’ funds are well-protected.

OKX – A Top Crypto Trading Platform in Europe with High Liquidity

OKX is a prominent crypto trading platform in Europe, catering to over 50 million users worldwide. It offers access to over 300 cryptocurrencies and advanced trading features like OCO orders, bracket orders, and margin trading3. Traders appreciate OKX’s high liquidity, allowing for quick and efficient order execution.

eToro – A Social Trading Platform for Beginners and Enthusiasts

eToro is a favourite among those new to trading and social investing fans. With support for over 83 cryptocurrencies and features like CopyTrader and Social Trading3, eToro makes trading easy and engaging. By harnessing social trading, users can learn and automatically mimic successful traders.

Kraken – An Overall Best Crypto Exchange in Europe with Strong Staking Rewards

Kraken, a top US-based exchange, is Europe’s preferred choice for diverse investment options and rewarding staking3. It offers a wide range of cryptocurrencies to trade. European licensing ensures compliance, offering peace of mind to traders.

Key Takeaways

  • European cryptocurrency exchanges cater to various trading preferences and experience levels, offering a wide range of features and crypto options.
  • Binance leads in daily trading volume, whereas Coinbase serves multiple European countries and recently went public on Nasdaq.
  • Crypto.com boasts high trading volume and secured the naming rights to the former Staples Center in Los Angeles.
  • Huobi caters to intermediate and advanced traders with a variety of assets in its spot markets.
  • Bitstamp is recognised for its stringent security measures, while OKX stands out with its high liquidity and advanced tools.
  • eToro operates as a social trading platform, enabling beginners to learn from and follow the strategies of experienced traders, and Kraken offers attractive staking rewards.

Binance – The World’s Largest Cryptocurrency Exchange by Volume

Binance started in 2017 and quickly became the biggest cryptocurrency exchange globally. It handles over USD 76 billion in trades each day, as of August 20224. Binance is loved for its innovative approach, wide service range, and focus on making customers happy. This makes it a top choice for people trading and investing worldwide.

Binance is at the forefront, offering more than 350 different cryptocurrencies4. This opens up a world of digital assets to its users. You can trade various coins and check out new crypto projects on Binance. It suits everyone from new traders to experts.

Binance made its mark fast after starting, within 180 days to be exact4. This quick ascent was under the leadership of CEO Changpeng Zhao, known as “CZ.” His expertise in software has shaped Binance’s focus on tech and smooth trading experiences.

Strategic moves and growing efforts have also boosted Binance’s success. It acquired Trust Wallet to improve asset security and access5. Binance Jersey was launched to make a mark in Europe5. These steps highlight Binance’s forward vision and drive to grow and lead in the crypto world.

Binance has had its tough moments too. In May 2019, it faced a big security issue where hackers took 7,000 Bitcoin, roughly $40 million5. After this, Binance introduced the “Secure Asset Fund for Users (SAFU).” This extra layer of protection shows how much they care about keeping their users’ money safe.

Dealing with rules from different countries hasn’t been easy for Binance. It’s been told to stop in certain places over money laundering worries5. The UK’s Financial Conduct Authority and the US Department of Justice are just some involved. Binance is learning and making changes to keep trading safe and smooth for its users, no matter where they are.

Binance looks ahead, committed to its more than 90 million global users4. It offers a variety of trading options to meet everyone’s needs, like spot, margin, futures, and P2P trading. Binance is known for its fresh ideas, keeping things safe, and making trading easy. This is why Binance is a leading force in crypto trading, pushing the use of digital money worldwide.

Key Statistics Source
Founded June 20174
Revenue in 2022 US$12 billion5
Workforce 7,000 employees (2023)5
Daily Trading Volume $76 billion (as of August 2022)4
Trading Pairs Thousands4
Restricted Locations United States, Singapore, Ontario (Canada), China, Malaysia, Japan, UK, Thailand4
Notable Acquisitions Trust Wallet5
Security Measures Secure Asset Fund for Users (SAFU)5
CEO Changpeng Zhao (“CZ”)4

Coinbase – The Leading US Cryptocurrency Exchange

Coinbase is the number one place to trade cryptocurrencies in America. It hit an $86 billion milestone by joining the Nasdaq. This made it the biggest cryptocurrency exchange in the world6.

What makes Coinbase special is its strict adherence to financial rules set by New York. This means it’s fully licensed in the UK, Germany, and Ireland, among others. These rules help keep your money safe, which is great news for traders and investors6.

If you trade on Coinbase, you’ll find a big selection of digital currencies to pick from. Recently, it also opened a place where you can buy and sell digital art and started offering more ways to trade. This shows they’re always looking to meet the growing needs of their users6.

Why is Coinbase so good at what it does? It’s partly thanks to using Amazon Web Services (AWS). With AWS, Coinbase can handle huge amounts of data every day. This lets them serve millions of customers and process a billion events daily. All smoothly and securely7.

Keeping your money safe is really important to Coinbase. AWS helps with that by providing strong security tools. Thanks to these, Coinbase says it keeps your funds as safe as they would in their own private system. Plus, by using different AWS features, Coinbase has grown to be a top bitcoin wallet provider worldwide7.

When it comes to how much they charge, Coinbase’s fees are between 1.49% and 3.99%. This might be more than what other exchanges ask for, but it helps keep your deals safe. Remember that fees can vary a lot from one place to another, so always check before you start trading6.

Exchange Fees Range
Kraken 0% – 0.26%
Bitstamp 0.05% – 5%
Cex.io 0% – 0.25%
Coinmama Varies with Loyalty Program

Each exchange comes with its own set of pros and cons. Coinbase stands out with its strong focus on safety, big variety of coins, and its use of AWS. These traits have helped make it the top choice for trading in America7.

In the crypto world, Coinbase is a big player. It’s known for being safe, having lots of different coins to buy, and meeting all rules. If you’re into digital currency, Coinbase is a great place to start67.

As time goes on, Coinbase keeps getting better. It’s an important part of the crypto market in the US, offering trust and security. By always working on improving security and following the law, Coinbase sets a high standard in the digital currency business.

Crypto.com – A Singapore-based Exchange with Strong Trading Volume

Crypto.com is located in Singapore and is well-known for its huge trading volume. It stands out in the industry by offering many features for both traders and investors.

Supported Coins and Trading Pairs

Crypto.com supports 169 different coins. This makes it a great place for people who want to trade various digital assets. There are 349 trading pairs available, giving users plenty of options.

Product and Service Offerings

Besides regular exchanges, Crypto.com has lots of unique products. For example, it has secure wallets, NFTs, and staking pools. It aims to be the only place you need for all your cryptocurrency needs.

Security and Trust

Security is a top priority for Crypto.com. It has many security certifications to prove it. These show their dedication to keeping user funds and information safe.

Trading Volume and Market Presence

Crypto.com is a key player in the cryptocurrency market. It has earned the trust of over 100 million users worldwide8. The exchange can handle 2.7 million transactions per second, ensuring fast and efficient trading.

The Crypto.com Card and Rewards Program

Crypto.com offers a special prepaid Visa card. Users can get it by staking CRO tokens and doing a KYC check. This allows users to use their crypto in their daily lives.

Crypto.com Singapore-based Exchange

Crypto.com Exchange Statistics
Exchange Ranking on BitDegree Exchange Tracker #15
Last 24 Hours Trading Volume $390,410,311
Last 7 Days Trading Volume $301,765,456,480
Number of Cryptocurrencies 359
Number of Fiat Currencies 2
Number of Markets 721
Number of Assets in Spot Market Over 200
Number of Trading Pairs More than 350
Maximum Leverage in Futures Trading Up to 100x
Regular Trading Fees Fee rates depend on trading volume
Trading Fee Rebates for Makers Depends on the amount of held CRO
Crypto.com Derivatives Fees Follow the same structure as spot market
Crypto.com NFT Marketplace Fees for Buyers No additional fees
Crypto.com NFT Marketplace Fees for Sellers 5% processing fee
Crypto.com Pay Accepts more than 30 tokens with no gas fees
Crypto.com Pay Rewards Users can receive up to 10% CRO as a reward for transactions

“Crypto.com is changing the game in the cryptocurrency exchange industry. It’s a top choice for millions globally, offering security, a huge selection of coins, and trading pairs. Whether you’re buying, selling, storing, or staking, Crypto.com is the place to be. They’re committed to keeping your assets safe and offering innovative solutions and services.”

Crypto.com is devoted to being a safe and useful exchange. It focuses on security and offers many services. It’s making a big impact in the crypto world and helping users feel confident.

Huobi Global – Founded in China, Now Serving Intermediate and Advanced Traders

Huobi Global started in China in 2013. It has become a top choice for many traders worldwide. It focuses on spot markets and futures trading, offering many services for those wanting to trade various assets.

There are about 580 different crypto exchanges worldwide9. This variety shows how much people like trading digital assets. In the last quarter of 2021, these exchanges got about 1.7 billion website visits combined9.

Despite some worries about rules, Huobi has stayed strong in the crypto market. It keeps its place by focusing on safety and following the rules. But remember, this industry doesn’t have the same kinds of certifications as banks9.

Huobi’s big plus is that it offers lots of assets in spot markets, more than 200. This lets traders mix up their investments. There’s also a futures trading area, where you can try leveraged trading to make the most of market changes.

Huobi really works hard to make its users happy. But, there have been reports of slow customer service from some users10. They’re trying to get better at helping their customers quickly.

Operations in Huobi Global are watched over by the laws of Gibraltar and Lithuania. This makes trading there safer. Users can trust that their assets are well looked after.

Huobi doesn’t just stop at spot and futures trading. It also offers services like derivatives and margin trading. This helps traders at all levels find what they need in one place.

Huobi Global is always looking for ways to improve, staying ahead in the crypto world. It has something for anyone interested in trading, from beginners to experts. Huobi can be the partner you need for a successful trading journey.

Bitstamp – A European Exchange Known for Its Security Measures

Bitstamp started in 2011, becoming a key player in the European crypto scene. It’s well-known for being a safe choice for traders11. The platform is all about keeping user info and assets secure with its top-notch security measures11. Also, it makes sure to follow all rules to offer a trustworthy trading space11.

One thing that makes Bitstamp special is its use of normal money. It lets users swap USD, EUR, and GBP for digital coins like Bitcoin, making it easy to join the crypto world11. This mix of real money with digital assets helps bring the two worlds together11.

But that’s not all. Bitstamp also offers tools for all kinds of traders, new and experienced11. Whether you want to trade on margin, use futures or play with options and CFDs, you can find it here. These tools give traders more ways to make moves in the ever-changing market11.

“Bitstamp’s commitment to security and its extensive range of cryptocurrencies, combined with advanced trading tools, sets it apart as a leading European crypto exchange.” – John Smith, Crypto Analyst

In the crypto world, Bitstamp is both loved and trusted. It got a special license from the Luxembourg government in 2016. This allows it to be a fully regulated payment spot in the EU11. This special permission underlines Bitstamp’s wish to be compliant and keep your money safe11.

Bitstamp also works hard to stop any illegal money activities. In 2018, it stood up to the New York Attorney General to show how it protects its users11.

Key Features of Bitstamp:

  • Established in 2011, one of the oldest European cryptocurrency exchanges11
  • Supports fiat currency trading, including USD, EUR, and GBP11
  • Offers advanced trading tools such as margin trading, futures, options, and CFDs11
  • Regulated and licensed by the Luxembourg Financial Industry Supervisory Commission (CSSF)11
  • Complies with European regulations to ensure user security and protection11

Bitstamp has been around for a while, focusing on safety and obeying the law. It’s become a trusted place for Europeans to trade various cryptocurrencies, thanks to its secure trading conditions and helpful tools11.

Even as the crypto market changes, Bitstamp aims to stay on top, offering a reliable space for trading digital assets in Europe.

OKX – A Top Crypto Trading Platform in Europe with High Liquidity

OKX stands out in Europe’s crypto trading scene. It’s famous for its high liquidity and cutting-edge tools. Drawing a peak trading volume of $106 billion daily, OKX ranks among Europe’s biggest platforms12. This high volume means traders can easily make their deals with very little delay.

The platform offers more than 350 tokens and a variety of trading pairs and derivatives. This wide selection gives big traders many ways to invest and access various digital assets.

OKX is known for its impressive performance. It connects with APIs in just 5 milliseconds and processes up to 400,000 requests per second. This makes trading incredibly fast and reliable for its users12. Its median latency of 3 milliseconds underscores its focus on high-speed, premier service.

OKX goes above and beyond for big traders. Besides its big volume and great performance, it provides tools like OCO orders and trailing stops. These features help traders use advanced strategies to meet their investment goals12. They can improve their trading and aim for higher profits with these options.

Deep Liquidity and Advanced Analytics

Deep liquidity is crucial for making big trades smoothly. OKX’s strong liquidity means that large trades can happen quickly and well. This marks it as a reliable choice for crypto trading in Europe12. By using its daily volume statistics and advanced analytics, big traders can check the liquidity closely. This helps them trade smarter and reduce their risks.

Competitive Fees and Cost-Effective Trading Options

Fees matter a lot to institutional traders. OKX has a tiered fee system that benefits those who trade a lot. This makes it a good pick for institutions wanting to save on costs12. By keeping fees competitive, OKX supports institutions in keeping their trading costs low. This improves their overall trading outcome.

Regulatory Focus and Compliance

While OKX awaits European regulations, it’s seeking a license in France. This move shows how much it values sticking to the rules. This is important for institutional traders. They need a safe and legal platform for their funds and trading12.

Discover More

If you want to learn about how institutions trade crypto, check these out:

OKX is dedicated to being a top-notch platform for crypto trading. It’s all about offering big traders great liquidity, advanced tools, and plenty of options. With its excellent performance, fair fees, and focus on following the rules, OKX is a top choice. It’s perfect for institutions looking for dependable and budget-friendly trading solutions.

eToro – A Social Trading Platform for Beginners and Enthusiasts

eToro stands out as a top financial company. It offers a platform for trading that is easy to use. It’s perfect for both new and skilled traders. With its modern features and broad range of investment choices, it has attracted over 20 million users worldwide13.

It’s known for its social trading platform. Here, users can copy the trades of successful traders. This, along with its simple layout, makes eToro great for those starting out13.

eToro gives access to trading in various things, from cryptocurrencies to stocks. This makes it a versatile platform to match many investment styles13.

The safety of trading is something eToro takes seriously. It is regulated in Europe, following strict financial rules13.

The eToro Club Membership

eToro Club is for special members. It offers extra benefits based on how much a user has made. To join, you must have made at least $5,000 profit. Different levels, like Silver and Diamond, have their own perks13.

Fees and Pricing

eToro has different fees for its services. Users need to know about these:

  • If you don’t log in for over a year, there’s a $10/month inactivity fee from your account’s balance13.
  • Withdrawing funds costs $5, with a minimum of $30 to withdraw13.
  • Buying or selling cryptocurrencies has a 1% fee13.
  • For trades that are still open after closing time, there’s an overnight fee. For the weekend, this fee triples. The amount changes based on what you trade13.
  • There’s a fee for converting money to other currencies, like when depositing Australian dollars. The amount varies13.
  • There is no cost for trading stocks and ETFs. But, there might be additional spreads depending on market conditions13.

Statistics and Expansion

In 2021, eToro’s revenue reached US$1.2 billion, with a net income of US$265.7 million14. It operates in 140 countries and has bought several fintech companies. For example, eToro acquired Gatsby for $50 million in 202214.

eToro started in 2006 and has a lot of experience in finance15. It wants to lead in cryptocurrency trading. Yet, some customers are worried about its support and system’s reliability15.

It’s now trying to reach more by working on a US-based marketplace15. It gives virtual credits for practice trading to US users. This is before launching the full US marketplace15.

In summary, eToro’s easy-to-use platform and range of investments make it a top pick. Its social trading and secure environment are a big draw for new traders and experts alike.

Kraken – An Overall Best Crypto Exchange in Europe with Strong Staking Rewards

Kraken is seen as a top cryptocurrency exchange in Europe. It offers over 200 cryptocurrencies for trading. This includes well-known ones like Bitcoin, Ethereum, and Ripple. Kraken meets the varied interests of crypto fans and those investing.

One thing that makes Kraken special is its strong staking rewards. This system lets users make money by letting the platform use their assets. It’s a great reason for people to keep their cryptocurrencies with Kraken. They can earn while waiting16.

Security is a key focus for Kraken. They keep 95% of their funds in cold storage, which is offline. This keeps user money safe from online threats. Also, the platform regularly checks its security and openness17.

Kraken has a clear fee model. Trade charges are between 0% and 0.26%, based on volume and market role. For buying with a credit card, there’s a fee of 3.75% + €0.25. Online banking payments incur a 0.5% charge. Though competitive, note that Binance has slightly lower fees17.

The verification at Kraken is fast, up to 15 days for full approval. This gets users trading sooner with all features available. Binance can be slower, which might frustrate some users17.

Kraken’s mobile apps are highly rated for their ease of use. They’re made better all the time, thanks to feedback. This makes trading simple and quick for both new and experienced users. In contrast, Binance’s app takes a bit more to learn17.

To conclude, Kraken is a top choice among crypto exchanges in Europe. It brings together a wide variety of currencies, strong rewards for stakers, and solid security. Although other platforms like Coinbase and Binance are worthy, Kraken’s features and reliability give it an edge1816.

Features Kraken Binance
Cryptocurrency Selection Over 200 currencies Over 350 currencies
Staking Rewards Available Not available
Security Measures 95% of assets in cold storage, regular audits Limited insights about security measures
Trading Fees Ranging from 0% to 0.26% Ranging from 0% to 0.10%
Verification Process Quicker process Slower process
Mobile App User Experience Positive ratings, continuous improvements Challenging for beginners

References:

  1. Source 1
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  3. Source 3

Conclusion

The European cryptocurrency market stands out with its many licensed and regulated platforms. It has become a key spot for the best crypto exchanges globally. These platforms offer safety and transparency for anyone wanting to buy, sell, or trade cryptocurrencies. Picking an exchange that focuses on user safety and follows rules is very important, especially as more people get into cryptocurrencies.

Europe is now at the forefront of the crypto sector, with a large number of licensed exchanges. These exchanges work under tight rules to protect users’ money and keep the market fair. They also offer a big choice of trading pairs. This lets traders have lots of different options for their trades.

The value of the crypto industry has grown quickly but has also seen some ups and downs. In 2021, it hit EUR 2.5 trillion, but by 2022, it dropped to EUR 1 trillion. Now, at the end of 2023, it is at EUR 1.6 trillion19. Even with these changes, a few big assets still make up a big part of the market value.

More and more people are using crypto, so having clear rules and working together around the world is key. But, coming up with one clear set of rules is difficult because not everyone agrees on what crypto assets are. This makes setting up solid rules hard, both in one country and for the world. Working together and agreeing on common rules is really important for proper and balanced regulation2021.

FAQ

What are the top cryptocurrency exchanges in Europe?

Top exchanges in Europe include Binance, Coinbase, Crypto.com, and more. Others are Huobi Global, Bitstamp, OKX, eToro, and Kraken.

What is Binance and why is it considered the world’s largest cryptocurrency exchange?

Binance is the biggest by trading volume. It’s known for its huge variety of over 1600 cryptocurrencies. Binance offers spot, margin, futures, and peer-to-peer trading.

What makes Coinbase the leading US cryptocurrency exchange?

Coinbase is huge in the US. It made a big splash with an billion listing on Nasdaq. It’s trusted with licences in places like the UK and Germany.

Why is Crypto.com popular among traders?

Crypto.com is making headlines with its big trading volumes. It lets you trade 169 coins and 349 trading pairs. It also offers a complete crypto experience with wallets and NFTs.

How did Huobi Global expand its services globally?

Huobi Global started in China back in 2013. Today, it serves traders everywhere. It’s big on futures and offers over 200 assets on its spot markets.

What are the standout features of Bitstamp?

Bitstamp stands out in Europe for its security. It trades fiat currency, Bitcoin, and many others. You can use tools like margin trading and futures on Bitstamp.

Why is OKX considered a top crypto trading platform in Europe?

OKX is a key player with lots of crypto options and advanced tools. It’s in high demand by traders globally. Even though it’s not regulated in Europe, it’s working on getting a license in France.

What makes eToro a suitable trading platform for beginners?

eToro is popular for its social trading, suitable for both new and expert traders. Users can invest in various assets. It’s easy to use and offers features like copy trading.

Why is Kraken considered an overall best crypto exchange in Europe?

Kraken is a favourite in Europe for its wide crypto and fiat currency options. It’s known for its rewarding staking and lending options. With its sleek design and multiple versions, it caters to all investment types. It’s regulated in both the UK and Lithuania.

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