Summary: In Spain, leading crypto exchanges are recognized for their accreditation and oversight by the Comisión Nacional del Mercado de Valores (CNMV). By complying with rigorous regulations and undergoing comprehensive assessments by impartial financial institutions, these platforms ensure the highest level of safety and security for Spanish investors and their assets.
We have assembled a list of the top 5 crypto exchanges in Spain that provide a mix of user-friendly interfaces, diverse trading possibilities, and competitive fee structures:
Best Crypto Exchange in Spain - Binance
- Trade 350+ Cryptocurrencies and Bitcoin with low fees.
- Licensed and Regulated by the CNMV and the Bank of Spain.
- Trusted by over 120 million retail and institutional investors.
Top Crypto Platforms in Spain
Our team of experts has created a comprehensive process for ranking the top Crypto trading platforms in Spain. The process involves evaluating several critical factors for each platform, including regulatory compliance, security and transparency, fee structure, available features, supported assets, and other relevant components.
Binance is widely considered as the premier exchange tailored specifically for Spanish crypto investors, adhering to strict regulations established by the Comisión Nacional del Mercado de Valores (CNMV) to ensure a safe and dependable trading atmosphere. Featuring an extensive selection of over 350 cryptocurrencies and a versatile platform that encompasses spot trading, futures trading, and more, Binance Spain addresses a wide array of trading requirements.
Moreover, the platform offers competitive fees starting at a mere 0.1% and fast Euro (EUR) deposits, guaranteeing smooth compatibility with all major Spanish banks and payment methods. Binance Spain thus positions itself as an extremely convenient and cost-effective choice for the country's thriving crypto aficionado community.
Uphold stands out as the second top choice for Spanish crypto investors, with unique features and comprehensive offerings. As one of three worldwide exchanges audited by US regulators, it provides real-time transparency on its assets and liabilities. Beyond crypto, Uphold expands into other asset classes, including various fiat currencies and precious metals.
With its free and instant EUR deposits via SEPA and Bank Transfers, Uphold presents a cost-effective solution for trading over 250 cryptocurrencies, specifically appealing to Spanish investors. The user-friendly platform, beneficial for both beginners and experts, includes a mobile app for trading on the move and a crypto card enabling real-world purchases with 250+ tokens. Despite not being the leading choice, Uphold proves itself a powerful competitor in the Spanish market.
Bybit claims the third spot in our lineup of crypto exchanges preferred by our team. Recognized widely for its proficiency in derivatives trading, it allows users to engage in trades with up to 100x leverage. Additionally, Bybit offers spot, options, and margin trading, presenting a diverse set of opportunities for traders.
One standout feature is its multilingual 24/7 customer support, ensuring Spanish users have assistance at any time. This exchange is also globally accessible, operating legally in over 180 countries and providing services in more than 30 languages. Bybit sets itself apart with the widest range of features among the exchanges on our list. These include diverse staking options, lending and borrowing services, copy trading, and an NFT marketplace.
Bitpanda is our expert team's fouth pick as it does not solely offer Cryptocurrencies but also provides access to five other asset classes including stocks, ETFs, commodities, indices, and precious metals. It is also one of the three other platforms globally that has audited proof-of-reserves which is carried out by KPMG. In addition, it has been awarded the ISO27001 Standard Security Certificate and is licensed by the Financial Market Authority (FMA) in Austria.
The exchange is one of the most secure and highly regulated platforms in Europe, that is also completely transparent in its funds. Apart from investing in multiple asset classes, Bitpanda also offers a Crypto card that allows its users to spend any of the 200+ supported Cryptocurrencies on shopping, groceries, bills, or any merchant that accepts VISA cards as a payment method.
Bit2Me is our last pick for Spanish users but we had to add this platform to our list as it is Spain's largest native Cryptocurrency exchange. It offers over 210 Cryptocurrencies to buy and sell and 30 tokens to stake for high yields. For staking, it offers the highest returns on Bitcoin in the world with a competitively high 8.27% APY. In addition to trading and staking, Bit2Me also has its own Crypto Card that is sponsored by Mastercard and offers from 1% - 9% cash back on select purchases.
Apart from its features, Bit2Me also supports multiple Spanish-native payment methods including SEPA transfers and TikeBit, and has low trading fees of 0.95%. The exchange also offers 24/7 Spanish-speaking customer support via live chat, email, and phone. It is the only platform that offers phone support in Spain.
Is Cryptocurrency Investing Legal in Spain?
Yes, cryptocurrency investing is legal in Spain. However, the Spanish government and financial authorities, such as the Comisión Nacional del Mercado de Valores (CNMV) and the Bank of Spain, have implemented regulations and guidelines to ensure a secure and transparent environment for crypto trading. Investors and businesses involved in cryptocurrencies must adhere to these regulations, including anti-money laundering (AML) and know-your-customer (KYC) rules, to maintain legality and ensure the safety of all parties involved.
What is the Safest Exchange in Spain?
The safest crypto exchange in Spain is Binance, as it stands out for being one of the few platforms with licensing under the Comisión Nacional del Mercado de Valores (CNMV) and the Bank of Spain. This accreditation highlights Binance's commitment to adhering to strict regulatory standards and ensuring a secure trading environment for Spanish investors, making it the top choice for safety and reliability in the country's crypto market.
In conclusion, Spain boasts a robust and well-regulated cryptocurrency market, offering a variety of secure platforms for investors. Binance, Uphold, Bybit, Bitpanda, and Bit2Me are among the top crypto exchanges in Spain, each excelling in various areas from overall user experience to non-KYC trading, multi-asset investment opportunities, and being a homegrown Spanish exchange.
Notably, these platforms adhere to the regulations stipulated by the Comisión Nacional del Mercado de Valores (CNMV) and other financial authorities, ensuring the highest level of safety and transparency for their users. As cryptocurrency investment remains legal and well-supported in Spain, it's essential for Spanish crypto enthusiasts to select an exchange that best suits their trading
Co-Founder & former Investment Banker (Finance MBA) turned Full-Time analyst and Head of Research at Buy Bitcoin Bank. Left traditional finance to pursue my interest in digital assets and decentralized finance.