Buy Crypto in Europe

Buy Crypto in Europe

Fact Checked
February 24, 2023
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Summary: The best way to buy Bitcoin and cryptocurrencies in Europe is through a European Securities and Markets Authority (ESMA) licensed exchange. With this method, investors can safely deposit Euros (EUR) and other European fiat currencies to buy, sell, trade and even stake digital assets.

On review of over 40 platforms in Europe, our team found that Uphold was the best exchange to buy crypto assets. Their platform offers instant and free SEPA Bank Transfers to trade over 250 cryptocurrencies with zero fees and tight spreads.

Table of Contents

Top Platform to Buy Crypto in Europe - Uphold

Platform Highlights

  • Buy, Sell and Stake over 250 Cryptocurrencies with zero fees in Europe.
  • Licensed and regulated in Europe and available in all countries in the continent.
  • Trusted by over 10 million retail and institutional investors.
Top Platform to Buy Crypto in Europe
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Is It Legal to Buy Crypto in Europe?

Yes, it is legal to buy crypto in Europe. Cryptocurrencies are not currently regulated at the EU level, but each EU member state has its own laws and regulations related to crypto. In general, individuals can legally buy and sell cryptocurrencies in Europe through regulated exchanges in their jurisdiction.

How to Buy Bitcoin and Crypto in Europe

Based on our comparison and analysis of the best exchanges in Europe, we recommend Uphold to buy Bitcoin and other cryptocurrencies. This was due to the fact that their platform is regulated and offers the smoothest onboarding experience for most EU member nations. With Uphold, you can deposit any European fiat currency instantly and with zero fees to trade 250+ digital assets.

Here is a step-by-step guide on how to get started:

  1. Sign Up: Create an account on Uphold and complete your verification (personal or company).
  2. Connect Account: Select the currency you want deposit on Uphold (EUR, NOK, SEK, GBP, DKK + 30 more).
  3. Deposit Funds: Connect your European bank account or Debit/Credit Card to deposit USD.
  4. Buy Crypto: Find the cryptocurrency you want to buy and execute your trade.
Buy Crypto Europe
Buying Crypto with a Euro deposit via Uphold.

What are the Fees to to Invest in Crypto?

The fees to invest in crypto can vary depending on several factors, including the exchange or platform you use, the type of transaction you make, and the amount of cryptocurrency you buy or sell. Here are some of the most common fees to consider:

  1. Trading Fees: Most cryptocurrency exchanges charge a trading fee, which is a percentage of the transaction value. The trading fees can vary from 0.1% to 0.5% or more, depending on the exchange.
  2. Deposit and Withdrawal Fees: Some exchanges charge fees for deposits and withdrawals. The fees can vary depending on the payment method you choose, such as bank transfer, credit card, or debit card.
  3. Spread: The difference between the buying and selling price of a cryptocurrency is called the spread. This can be another source of fees when investing in crypto, as the spread can vary depending on the exchange or platform you use.

Can I Stake Digital Assets in Europe?

Yes, it is legal to stake digital assets to earn interest and yield in Europe. Staking is a way of earning passive income by holding digital assets such as cryptocurrencies, tokens and stablecoins in an eligible wallet. Platforms liek Uphold offer the option to stake more than 40 different digital assets with up to 8% APY on their platform.

Final Thoughts

Investing in cryptocurrency in Europe is growing rapidly, but it can be challenging to find reliable and secure platforms. Our team has done the research and recommends Uphold as the best platform to buy Bitcoin and other digital assets in Europe. They are licensed by ESMA and offer instant and free SEPA Bank Transfers with up to 8% APY on staking rewards. With their platform, you can also deposit any European fiat currency and trade with zero fees.

Adrian Graham

Co-Founder & former Investment Banker (Finance MBA) turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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