Europe is full of different cryptocurrency exchanges. This makes picking the right one hard. So, we made a list of top-rated crypto exchanges in Europe. We looked at their reputation, features, and how they follow the rules.
One top exchange in Europe is Bitstamp. It’s great for those who care about safety. Bitstamp started in 2011. It lets you deposit money for free through SEPA in the EU. This helps your money move easily and safely. It supports many cryptocurrencies and keeps your investments secure.
Looking for a place with lots of coins to trade and lots of people to trade with? Consider OKX. It has over 50 million users and is the second biggest for trading. It also has fees that are good for both buyers and sellers. Even though it isn’t regulated in Europe yet, OKX is a strong choice with lots of ways to put money in and tight security.
If you’re new or want to connect with others while you trade, try eToro. Since 2007, eToro has mixed social trading with a way to invest in many things. It supports over 83 cryptocurrencies. This lets you discover new investing chances and talk with others who trade.
Want something easy to use and trustworthy? Check out Coinbase. Opened in 2012, it’s big in the US for trading. You can trade over 240 cryptocurrencies there. It knows how to keep your money safe. Plus, it’s approved in Europe. That’s why it’s good for people just starting or wanting a secure place to trade crypto.
For a big selection of coins, Binance is unbeatable. It’s the top exchange for trading daily since 2017. You can trade over 350 different types of cryptocurrencies there. It’s good for both new and experienced traders. Binance has different fees and easy ways to put money in.
Kraken is perfect for those into staking and wanting to trade a lot of various coins. Open since 2011, Kraken is secure and lets you explore many investments. It has a lot of coins to choose from. And it puts a lot of effort in keeping everything safe for its users.
Key Takeaways:
Bitstamp is the top choice for security-conscious investors, offering free deposits and a variety of supported cryptocurrencies1
OKX provides high liquidity and extensive coin support, making it ideal for active traders12
eToro is a user-friendly platform that combines social trading with multi-asset investments, perfect for beginners and social investing enthusiasts1
Coinbase offers simplicity and resourcefulness, serving as the largest crypto exchange in the US by trading volume1
Binance boasts a massive variety of cryptocurrencies, making it a popular choice among crypto traders12
Kraken provides strong staking rewards and access to lesser-known cryptocurrencies1
Bitstamp – Best for security-conscious investors
Bitstamp is a top choice for those who value security in a European crypto exchange. Since 2011, it has earned a strong reputation for being reliable and safe3. It offers features that meet the needs of those concerned about the safety of their investments.
It lets users trade in many cryptocurrencies, like Bitcoin and other altcoins. This variety is perfect for new investors looking to expand their portfolios4. With over 70 cryptocurrencies available, there’s no shortage of trading options.
Bitstamp’s fees start at 0.30%, getting lower as you trade more. This is great news for those watching their spending while aiming for high profits4.
Security is a top priority for Bitstamp. It’s known for keeping users’ money and information safe. They use features like 2FA and cold storage to secure accounts5.
Bitstamp meets Luxembourg’s financial regulations, showing its dedication to safety and legality3. This is vital for investors who want to ensure a secure platform that follows the law.
Bitstamp offers several payment options like SEPA and credit cards. This gives users the freedom to pick the best way to pay. It makes trading smoother, regardless of where they are from3.
Summing up, Bitstamp is an excellent pick for those focused on safety. With its solid reputation, wide cryptocurrency selection, low fees, and regulatory compliance, Bitstamp gives investors peace of mind when dealing with digital assets.
OKX – Best for active traders looking for high liquidity
When it comes to active trading in the global crypto market, OKX6 is a big name. With over 50 million users, it’s a leading global crypto exchange. It’s known for having many cryptocurrencies and strong liquidity. This makes it top choice for traders who need fast and easy trading options.
OKX started in 2017 and quickly became known for its advanced trading platform. It has many tools like margin trading, futures trading, and staking. These help traders to better their strategies and make more profit.
OKX’s key benefit is its high liquidity. Traders can quickly buy and sell because of this. For those who love quick trading, having a platform that can match their speed is very important.
Besides liquidity, OKX offers over 300 cryptocurrencies to trade and invest in. This rich variety lets traders make the most of market chances and keep their portfolios diverse6.
Low Fees for Enhanced Trading
OKX stands out by having low trading fees. It charges a 0.02% maker fee and a 0.03% taker fee. This is great for traders who trade a lot and want to cut costs. So, it’s a top pick for those wanting to save money while making profits.
When compared to Binance, OKX’s fees are much lower. Binance has a 0.10% fee for both makers and takers. OKX’s lower fees give active traders a better chance to reach their trading goals6.
Security and Trustworthiness
OKX puts security first. It uses the latest security measures to protect users’ funds and info. Most assets are in cold storage, which makes them less vulnerable to online attacks. Plus, users get extra security like withdrawal passwords and anti-phishing codes for more peace of mind7.
Customer support is robust at OKX. Users can get help through the website, chat support, or even by phone. This clear commitment means that traders can quickly solve any issues or questions. It makes the whole trading experience more positive7.
It’s worth noting that customer reviews about OKX vary. Many like it for being easy to use, having low fees, and fast transactions. But, some complain about the service, lost funds, and slow withdrawals. Traders should research well and think about their risk tolerance before using any exchange7.
OKX is not for users in the United States because of some laws. However, it’s a great choice for traders worldwide thanks to its liquidity, many cryptocurrencies, and low fees. Whether you’re new or an expert, OKX gives you what you need for a good trading experience6.
eToro – Best for social investing enthusiasts and beginners seeking a user-friendly platform
eToro started in 2007 and it’s known for social investing. It has over 20 million users. This platform is easy for both experienced traders and newcomers to the cryptocurrency world.
eToro stands out for its many investment choices, including 76 popular cryptocurrencies. So, if you want to trade Bitcoin, Ethereum, or other altcoins, you’ll find them here.
For those just starting, eToro offers a great help. They give you a virtual $100,000 fund to practice with, so you don’t use real money. It’s perfect for learning about cryptocurrency trading safely.
Moreover, eToro has features like Social Trading and CopyTrader. These let you copy trades from successful traders. It means you can learn from the best.
The platform is designed to be user-friendly, especially for beginners. It’s easy to use and has charts to help you make good trading decisions quickly. The interface is clear and not complicated.
eToro takes security seriously. They use standard protection for your money and details. Before you can use the platform, you’ll need to prove who you are and where you live.
When it comes to costs, eToro charges $5 for withdrawals over $30. Buying and selling cryptocurrencies on the site costs 1%. But, there’s a big plus – trading stocks and ETFs are free of commission charges.
eToro is also great for those with different amounts of money to invest. Even with just $200, you can start and use the CopyTrader feature. This feature lets you copy successful traders easily.
You can add funds to your eToro account in different ways, like with cards, PayPal, and POLi. Just know, there might be fees for converting your currency.
If eToro isn’t for you, closing your account is easy. Follow the instructions on the site to end your trading there.
In summary, eToro is a top choice for both social investors and new traders. It offers a wide range of cryptocurrencies and tools. Plus, it makes sure your trading is safe and sound.
Coinbase – Best for beginners looking for a simple and resourceful platform
Coinbase is a top choice for newbies in the crypto space, known for being easy to use. It was made for people just starting with digital money. This platform has all the tools you need to begin your journey into cryptocurrency.
Since 2012, Coinbase has become one of the most trusted sites for buying and selling crypto10. It offers a large variety of coins like Bitcoin, Ethereum, and Litecoin10. This makes it great for those wanting to try different digital assets.
Coinbase puts a strong emphasis on keeping your money safe. It’s checked by several financial authorities, including the FCA10. This means you can trust them more, especially if you’re new to crypto.
The site is very easy to understand, which is perfect for those without much crypto knowledge. You can easily buy, sell, and track your digital coins. This way, you won’t feel confused or lost in the complex world of trading.
If you’re just starting out, Coinbase helps by offering a lot of learning materials. These include helpful tutorials, guides, and articles. They aim to teach you about cryptocurrencies and how to invest wisely. So, it’s a great place to learn the ropes.
Though Coinbase’s fees might be a bit higher than some others11, its simplicity and features make it worthwhile. It focuses on making your experience great and teaches you along the way. This helps new investors feel ready to start their crypto journey.
Binance – Best for crypto traders looking for a massive variety of cryptocurrencies
Founded in 2017, Binance is the world’s leading crypto exchange. It’s famous for having a huge range of cryptocurrencies and trading options. Every day, it trades more than other exchanges, offering a lot for traders to look into and invest in.
12 It stands out among around 600 global cryptocurrency exchanges for the number of digital assets it offers. Centralized exchanges are the most used for trading, and Binance is trusted by millions because of its huge variety.
12 Forbes Digital Assets has recognized Binance among the top 60 global cryptocurrency exchanges. It also notes its high standard of meeting regulations, keeping investor funds and personal details safe.
Binance is not just about the vast selection; it provides tools for traders of all levels. Its easy-to-use design helps users make the most of different order types and margin trading with ease.
13 Binance’s fees, ranging from 0% to 0.10% for trades and 3% to 4.5% for debit card buys, are among the best. Plus, using Binance Coin (BNB) for transactions can get you additional discounts.
Although Binance faces some regulatory challenges in some places, it’s working hard to be compliant. This ensures a secure future for the platform and its users.
For those wanting the broadest choice in crypto and tools for trading, Binance is an ideal choice. It focuses on innovation, offers a trusted name, and a site that’s easy to use, making it great for navigating the cryptocurrency market.
Exchange
Currencies
Fees
Security Features
Max Daily Trading Amount
Binance
350+
0% to 0.10% for purchase and trading 3% to 4.5% for debit card purchases
Kraken – Best for strong staking rewards and access to lesser-known cryptocurrencies
Kraken, the renowned cryptocurrency exchange, was founded in 2011. It stands out for its wide range of over 200 cryptocurrencies and more than 600 trading pairs14. This provides a broad selection for investors. Kraken offers more variety than Coinbase but less than Binance. It’s perfect for those interested in new, lesser-known coins or finding market gems.
Kraken’s strength is its excellent staking rewards15. Users can earn passive income by staking their assets. This feature enhances their investing approach and increases their profits. It’s a top choice for those keen on staking opportunities.
The exchange has slightly higher fees than some competitors14. Yet, it makes up for this with its many market and trading options. Kraken supports spot trading, margin trading, futures, and even NFTs. It meets the trading needs of a global investor and trader community14.
Kraken has expanded its U.S. presence by acquiring Tradestation Crypto14. It aims to grow its service in North America, Europe, Asia, and Latin America. Kraken serves over 230 countries with a focus on a secure and seamless experience, avoiding areas with trading restrictions.
Though Kraken has faced regulatory challenges in the past14, like the BitLicense issue in New York, it works hard to comply and improve. This underscores its commitment to a safe trading environment. The exchange strives for user trust through regulatory adherence and ongoing enhancements.
In summary, Kraken is a top cryptocurrency exchange. It’s known for great staking rewards and many trading options. Kraken stands as a platform that offers both security and the potential for growth to its users.
Coinbase vs Kraken – A comparison of two leading European crypto exchanges
European investors looking into cryptocurrencies have two big options – Coinbase and Kraken. These platforms are quite similar in what they offer but also have notable differences. We’re going to look into their supported cryptocurrencies, the fees they charge, the trading features they offer, and other important factors. This comparison will help you choose the best one for your needs.
Supported Cryptocurrencies
Coinbase has the edge with over 120 cryptocurrencies available for trade. Kraken, in comparison, offers 97. If you like having lots of choices, Coinbase may be your top pick16.
Transaction Fees
Choosing a crypto exchange often also hinges on the fees. Coinbase takes 0.50% for maker-taker trades. Kraken, however, starts at 0% and goes to 0.26% based on trade volume over 30 days. This means Kraken might be more cost-effective for those trading a lot1617.
Trading Features
If you’re into margin trading, Kraken might catch your eye. It allows trading with up to five times leverage. Although Coinbase used to offer this at three times, it’s currently unavailable. For traders looking to leverage their positions, Kraken is the stronger choice16.
Limits
If high limits are key, Kraken takes the lead. It allows up to $100,000 in daily deposits and withdrawals for those at intermediate membership levels. Coinbase, on the other hand, caps at $25,000 daily for bank transfers. For bigger transactions, Kraken is the better bet16.
Security Measures
Both Kraken and Coinbase are tops in security. Kraken has 2FA, email confirmation for withdrawals, and stores most of its assets offline. Coinbase offers two-step verification, logins with biometrics, and FDIC insurance for your US dollars. Coinbase’s extra insurance might make some users feel safer16.
User Interface
For those starting their crypto journey, Coinbase’s easy-to-use platform is a top choice. Its clear design and helpful info make learning about crypto a breeze. Kraken, however, might be more challenging for newbies. But, it offers more tools and features for seasoned traders16.
Conclusion
Europe has some of the best cryptocurrency exchanges worldwide. They present many choices for traders and investors. Bitstamp stands out with its focus on keeping your assets secure. This makes it a top choice for those valuing safety.
OKX, on the other hand, is well known for its high liquidity and advanced trading tools. These features make it a prime selection for active traders. For those starting or interested in social investing, eToro is ideal. It has an easy-to-use platform and a lively community to join and learn from.
For newcomers wanting a simple but informative platform, Coinbase is the best choice. Binance is popular for its wide range of cryptocurrencies. It’s a great pick for those who want many options.
Kraken shines with its strong staking rewards and support for lesser-known cryptocurrencies. This makes it stand out for those looking for something different. When picking the best exchange, remember key things like security, supported currencies, fees, and your experience as a user.
Assess your needs and what you value most to find your perfect match. In Europe, cryptocurrency exchanges offer security, variety, ease of use, and advanced features.
No matter if you’re just starting or have a lot of experience, there’s an exchange that fits your needs. Keep updated on the world of cryptocurrencies, as it keeps growing and offering new chances18. Source: UK Police gave back GBP 2 million in stolen Bitcoin from a crypto scam, seizing GBP 2.37 million under the Proceeds of Crime Act19. Central, Northern, and Western Europe made about 17.6% of the global cryptocurrency transactions from July 2022 to June 202320. In 2014, bitFlyer started aiming for global success, highlighting the need for approved regulations for Bitcoin’s and virtual currencies’ future.
FAQ
How can I choose the best cryptocurrency exchange in Europe?
To find the best cryptocurrency exchange in Europe, look at things like how safe it is, which currencies you can use, the costs, and how easy to use it is. Make sure to pick one that’s licensed and follows the rules well.
What is Bitstamp known for?
Bitstamp is famous for its great security. It’s a top choice for people who want their investments to be really safe. You can trade in normal money and various cryptocurrencies there. Plus, putting money in using SEPA is free.
What makes OKX suitable for active traders?
OKX is great for those who trade a lot because it has a lot of money moving through it. It’s used by many people around the world. You’ll find many different cryptocurrencies to trade, and it has things like trading on margin and staking, which are more advanced.
Why is eToro recommended for beginners?
eToro is often the first choice for new traders because it’s easy to use. It’s also good for people who like to learn from others and invest in different things. With eToro, you get to copy the moves of traders who’ve done well.
What are the advantages of Coinbase?
Coinbase is very well-liked, especially in Europe. It’s good for new traders because it’s simple to understand. You can trade in many different cryptocurrencies, including the new cool kinds like NFTs. Plus, there’s a lot of help and safe ways to keep your digital money.
What sets Binance apart from other exchanges?
Binance is really big, with lots of different cryptocurrencies available. This makes it a great choice for traders who like variety. It also has tools for more experienced traders. But, some countries are a bit worried about how it operates.
What are the key features of Kraken?
Kraken is a big name in trading, known for offering over 200 types of cryptocurrencies. It’s good for making extra money from what you already have because of the rewards you can get. And for those who know what they’re doing, it offers some advanced ways to trade.
Which is better for me, Coinbase or Kraken?
The choice between Coinbase and Kraken really depends on what you’re looking for. If you’re just starting out or want to learn, Coinbase might be best for you. But if you’re more into trading a lot and using advanced techniques, Kraken could be your match.
What are the top cryptocurrency exchanges in Europe?
In Europe, the best cryptocurrency exchanges are considered to be Bitstamp, OKX, eToro, Coinbase, Binance, and Kraken. They’re known for being safe, easy to use, and having a lot of different cryptocurrencies to trade.
How do I choose the best exchange for my needs?
When picking the right exchange for you, think about how safe it is, what you can trade, the costs involved, and how easy it is to trade there. It’s also key to think about how you like to trade and what you want to achieve.
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