Best Crypto Exchanges In Europe

In this article we offer you the our five selected best cryptocurrency exchange in Europe in 2024. They are good choices for cryptocurrency trading, margin trading, spot trading and they offers a lot of trading pairs. All available on the European market. We hope you can find the one of the best crypto trading platforms that fit your expectations.

Which Are The Best Crypto Exchanges In Europe?

In this part we introduce you the best exchanges in Europe for 2024. These popular exchanges are good to trade crypto whatever if you are a holder crypto investor or a day-trader. Some of the crypto services regulated in Europe so they are the safest. Also keep in mind, that to keep your crypto asset in safe is a hardware crypto wallet. For a deeper understanding about wallets you can read here, but now delve into the top crypto exchanges.

ByBit

ByBit is crypto trading platform in Europe, infamous for its copy trading feature. It offers both spot and futures trading with a wide range of over 400 coin pairs. Users can also make money through staking on the platform. On ByBit depositing money for Europeans is easy with options like SEPA and TrueLayer. This shows that they focus on giving a great user experience.

• History: Founded in March 2018 by Ben Zhou and David Lu. ByBit started with Bitcoin and Ethereum futures contracts. It quickly became popular for its easy-to-use platform and high leverage options. Their presence grown in the crypto market over time as they added more trading options like spot and options trading.
• Licence in Europe: ByBit follows European rules but isn’t directly regulated by European agencies. It still takes user security seriously, matching European safety standards.
• Fees: With charging 0.01% for makers and 0.06% for takers they offer low fees, making trading on ByBit affordable.
• EUR deposit methods: ByBit offers easy ways for Europeans to add money to their accounts, including SEPA transfers and TrueLayer, making deposits quick and secure.
• Supported assets: ByBit offers for trading over 1,000 digital assets, so it’s a good choice for every kind of trader.

ByBit combines trading opportunities with two-factor authentication (2FA), anti-phishing codes, and storing cryptocurrencies in cold storage for security. This focus on safety, along with a straightforward platform.

Bitpanda

Bitpanda is a leading crypto exchange in Europe, with wide range of services. It’s licensed by top authorities like the Austrian FMA and Germany’s BaFin, which guarantee its reliability and commitment to user security. Bitpanda offers trading in over 2,500 cryptocurrencies, stocks, ETFs, and more and based in Vienna. Its staking services, supporting assets like Ethereum (ETH), Solana (SOL), and Cosmos (ATOM) makes them great.

• History: Bitpanda started in 2014 in Vienna, Austria, by Eric Demuth, Paul Klanschek, and Christian Trummer with the name of Coinimal, but they rebranded in 2016 to Bitpanda. The platform gained attention for its user-friendly interface and diverse coin offerings. It expanded in 2019, adding trading options for precious metals, and in 2021, it introduced stocks and ETFs trading. Along the way, Bitpanda has secured important regulatory licenses in Austria and Germany, highlighting its emphasis on compliance.
• Licence in Europe: Bitpanda is licensed by the Austrian Financial Market Authority (FMA) and Germany’s Federal Financial Supervisory Authority (BaFin), so it meets European standards for financial operations.
• Fees: Its trading fees set at 0.2% and spread fees at 1%. These fees are affordable for traders at all levels.
• EUR deposit methods: Bitpanda supports bank transfers, debit/credit cards, Google Pay, Apple Pay, and more deposit methods, making it easy for European users to fund their accounts.
• Supported assets: Bitpanda offers over 2,500 cryptocurrencies, stocks, ETFs, and precious metals.

Bitpanda has built a strong reputation in Europe not just for its cryptocurrency services but also for its broader financial offerings. It’s a platform that appeals to a wide audience, from those new to crypto to experienced investors looking for a reliable place to trade a variety of assets.

Binance

Binance is one of the biggest crypto exchanges in Europe. It’s regulated in Lithuania. It’s a go-to for traders in 19 EU countries, offering over 350 digital currencies. Binance is a full-service platform with trading capabilities, and other features like Binance Earn, NFT Marketplace, and more.

• History: Binance’s story starts in 2017 with Chanppeng Zhao, often known as CZ in the crypto circle. He made software for Wall Street’s trading floors before diving headfirst into the crypto world. After took part in Blockchain.info and other projects, he launched Binance. It pulled $15 million from its ICO and signing up over 20,000 users right away. Fast forward a bit, and Binance had to hit pause on new sign-ups to upgrade its system, a testament to its explosive growth. By 2018, it was leading the pack globally in crypto trading volume. Binance is really active as they expanded their reach in Asia and launched Binance Chain, their own blockchain in 2019. In 2020 they acquired ConMarketCap and launched Binance Earn (offering users passive income on their cryptocurrency holdings), or Binance Pool, a mining pool for Proof-of-Work cryptos. In 2023 the Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and CZ because of anti-money laundering violations, so CZ left the CEO role of Binance. But it seems Binance works well without him too.
• Licence in Europe: Binance has a license in Lithuania and operating under France’s regulations for European activities.
• Fees: Trading on Binance is budget-friendly, with a diverse range of fees that cater to different trading activities. It’s known for its competitive rates, making it attractive to traders of all levels.
• EUR deposit methods: Depositing euros is possible with options like SEPA, P2P, and debit cards. It’s all about giving users flexibility and ease of access.
• Supported assets: Binance hosts more than 350 digital currencies. Whether you’re into mainstream cryptos or looking for something more niche, Binance has got it.

Binance offers an extensive range of services with every aspect of digital currency trading and investment. With its roots Binance continues to evolve, offering advanced trading tools and expanding its services to meet the needs of its global user base.

Kraken

Kraken is another big player in Europe’s cryptocurrency exchange scene, with their focus on both retail and institutional crypto markets. With trading volumes soaring over $207 billion quarterly, Kraken’s popularity in Europe is undeniable. It offers a wide selection of over 250 cryptocurrencies for trading and staking, making it a favored platform for many, especially those looking for high annual rewards from staking services.

• History: Founded in 2011 by Jesse Powell in San Francisco, Kraken kicked off its operations in 2013. It made its name as a trustworthy exchange, claiming the title of the world’s largest bitcoin exchange in euro volume and liquidity. Kraken was the first to show trading information on the Bloomberg Terminal and undergoing a cryptographic proof-of-reserves audit.
• Licence in Europe: Kraken is well-regulated in Europe, holding licenses from top-tier authorities such as the UK’s FCA and Lithuania’s finance regulators.
• Fees: Kraken has competitive fees, with maker orders at 0.01% and taker orders at 0.02%.
• EUR deposit methods: Europeans can fund their Kraken accounts with SEPA Transfer, SWIFT, bank transfers, and credit or debit cards, providing flexibility and convenience for users.
• Supported assets: The platform supports an extensive array of over 250 cryptocurrencies.

Kraken offers a secure and user-friendly experience for all levels of investors. It is a top choice with its security, variety and great user experiences.

Coinbase

Coinbase is a globally leading crypto exchange, thanks to its strong regulatory stance and wide array of services. It operates under regulators in the UK, Germany, and Ireland, making sure a safe and compliant trading environment for users across over 30 European countries. It supports over 240 crypto and 40 fiat currencies, so buying, selling, and learning about cryptocurrencies are accessible to everyone on the platform.

• History: Coinbase’s story started in 2012 when Brian Armstrong, a visionary programmer, decided to create a platform that would simplify buying and selling Bitcoin. First it was a service to buy and sell Bitcoins through bank transfers, but it quickly attracted significant investment, including a $5 million investment from Union Square Ventures in 2013. Over the years, Coinbase added a wide range of cryptocurrencies and financial services, eventually going public on the Nasdaq with an $86 billion direct listing.
• Licence in Europe: In Europe, Coinbase operates with approvals from the UK’s FCA, Germany’s BaFin, and Ireland’s Central Bank.
• Fees: Coinbase has high fees unfortunately compared to other exchanges.
• EUR deposit methods: European users have a variety of options to deposit EUR, including SEPA transfers, debit cards, PayPal, and even Apple Pay and GooglePay.
• Supported assets: With a selection of over 240 cryptocurrencies, Coinbase caters to a broad spectrum of investor interests, from mainstream to niche markets.

Coinbase has a super user-friendly platform. Additionally, Coinbase offers a specialized platform known as Coinbase Pro, which caters to those seeking real-time access to order books, detailed charts, lower fees, and enhanced liquidity. For institutional investors, Coinbase introduces Coinbase Prime, a suite of advanced features including custody services, trading capabilities, lending, staking, in-depth analytics, and prime brokerage services. This premium offering also provides institutional clients with access to Coinbase’s extensive global liquidity pool and unparalleled security measures.

How To Choose The Best Cryptocurrency Exchange Fit For you?

When choosing a crypto exchange in Europe, start by checking if it follows European rules. Good ones are usually registered with bodies like the UK’s Financial Conduct Authority or Germany’s BaFin. Safety is key, so pick exchanges that use strong security like two-factor authentication, keeping money in cold storage, using encryption, and doing regular security checks. It’s also smart to see if they’ve had security issues before.

Make sure the exchange has a wide range of cryptocurrencies, including the ones you want to trade, like Bitcoin and Ethereum. Most top exchanges offer at least 200 different kinds. Fees are important too. Look for clear fee policies that don’t cost too much. Fees around 0.1% per trade are generally considered good, but also think about deposit and withdrawal limits as they can affect your trading.

Liquidity, or how easy it is to buy and sell, matters because it means you’re more likely to trade at the price you want. High trading volume usually means good liquidity. Websites like Coinmarketcap can help you check this. A liquidity score over 500 is pretty good.

A simple, easy-to-use platform makes trading less of a headache. It’s a bonus if they have a mobile app for trading on the go. Good customer support is crucial too. Look for exchanges that offer help through email, chat, or phone and have a reputation for being helpful.

Do some digging on the exchange’s reputation by reading reviews and news. TrustPilot or the Play Store can give you an idea of what other users think. Stay away from exchanges with lots of bad reviews or history of security problems.

Check how easy it is to put in and take out money, especially if you want to use Euros. Also, see how long it takes and what it costs to withdraw your money. Make sure the exchange works in your country and meets any local laws.

Lastly, the exchange should be financially stable. They should share information about their money reserves and audits. This shows they’re likely to handle big trades and sudden market changes well. Sites like Defillama can show you an exchange’s reserve funds.