Best Places to Buy Bitcoin in Europe

We found 18 cryptocurrency marketplaces that are available in Europe.

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Frequently asked questions

You can easily buy bitcoin in Indonesia. You’ll need to first register with an exchange or broker, and undergo an identity verification process to ensure that you aren’t laundering money, or doing anything illegal.

The best way to buy bitcoin in South Africa, for most traders, is via an exchange. These are networks through which you can buy and sell without knowing who you’re trading with. In South Africa, there are several options. You can compare them using Cryptoradar.

In May 2021, government proposals in Hong Kong put forward the idea that all exchanges operating in the region would have to be a licensed by the city’s market regulator. Moreover, only professional investors would be allowed to use them. This followed a lengthy consultation between markets and the Financial Services and Treasury Bureau.
In order to qualify as a ‘professional investor’, under Hong Kong law, you’ll need a portfolio of more than HK$8 million. These changes are set, at the time of writing, to go through in the legislative assembly’s 2021-22 session.
Of course, even after these changes go through, residents of Hong Kong will still be able to use foreign exchanges to invest in Bitcoin. You can find many of them available for comparison here on Cryptoradar.

In Hong Kong, income from the sale of capital assets is tax-free. You don’t need to declare how much you’ve bought, sold, or own. There’s no VAT regime, either. If you’re a professional trader, however, then you will be obliged to declare and pay tax.

You can buy Bitcoin in Hong Kong on a large number of exchanges, domestic and foreign. In some cases, you’ll be able to make purchases using the Hong Kong Dollar.

In May 2021, an official announced that the authorities were mulling over the benefits of a new tax on cryptocurrency. "If there is a profit or capital gain generated from a transaction, the profit is an object of income tax," said Neilmaldrin Noor, a spokesman for the tax office.

You aren’t allowed to use cryptocurrency as a payment instrument, but you are allowed to trade it as a commodity.

Many exchanges will accept the Rupiah, but you’ll often be faced with a minimum deposit of several thousand Rupiah before you’ll be allowed to invest in bitcoin. In some cases, this threshold can be considerably higher.

In Indonesia, the KTP (That’s Kartu Tanda Penduduk, or Residential Identity Card) is the easiest way to prove that you are who you say you are. Many exchanges will demand a two-factor identification process, which will mean that you’ll also need a mobile phone.

In South Africa, crypto adoption is fairly widespread, but its use is still unregulated. The South African Reserve Bank has warned that it does not ‘oversee, supervise or regulate’ the world of crypto — but you are expected to pay tax on any profits you make from trading crypto. Bitcoin exchanged for goods and services is liable for income tax; if you invest in Bitcoin and sell it for a profit, you are subject to capital gains tax.

In Ireland, investments in digital assets like bitcoin are viewed in the same way as investments in stocks, shares, and physical commodities. If you’re going to make a profit on the tokens you’ve bought, then you’ll need to pay capital gains tax against those profits. In Ireland, capital gains tax is set at 33%, over an allowance of €1270.

As of 2021, those trading in cryptocurrency in Ireland will need to surrender their anonymity. This comes under anti-money-laundering regulations rolled out across the country. Following the change, service providers in Ireland will need to register with the Central Bank and carry out due diligence on their clients. This, according to the Central Bank, will bring the world of cryptocurrency into
alignment with the same rules that govern mainstream financial services providers.

Most exchanges will accept euros, meaning that you won’t need to pay multiple transaction fees to
get your money into USD before you make a purchase. There are, however, exceptions: eToro, for
instance, only allows trades in USD.

You can buy bitcoin in Ireland via one of the cryptocurrency exchanges that are popular worldwide. These include Binance, Coinbase, and eToro.

Thailand’s Revenue Department considers all cryptocurrencies to be ‘intangible assets’. In other words, they’re treated like property, rather than as a kind of traditional currency. Businesses that profit from the sale of bitcoin are taxed at the regular rate of 20%, while individuals who do so are liable at a progressive rate which extends up to 35%, depending on the amount being earned.

Back in 2016, cryptocurrencies were banned in Thailand. This stance, however, was reversed in 2019, with the country looking to catch up to its forward-thinking neighbours in Japan, Singapore and Hong-Kong.

Depending on the exchange you’re using, you might be able to buy bitcoin directly using the Baht.

The most popular method for buying Bitcoin is through an exchange. This is a network which allows
traders to exchange BTC, and other commodities, with one another. You don’t need to trust the
person you’re trading with, you just have to trust the exchange.
Thai users benefit from a range of local exchanges, as well as international ones. If you’re buying
from a domestic exchange then you might benefit from local payments in cash, superior customer
support, and protections. However, you might not get the same features you would on one of the
major international exchanges.
If you’re considering your options when it comes to exchanges, then Cryptoradar provides a great
means of comparing them.

Bitcoin is available to UAE residents via exchanges. These are networks of traders who can buy and sell their currency at fixed prices. Every exchange has particular advantages and drawbacks, and many of them are based in the UAE. It’s worth comparing them with the help of Cryptoradar before you invest in Bitcoin.

If you’re unsure of your investment options, or you aren’t a fluent English speaker, then it might be useful to pick an exchange that presents information in Turkish. Don’t just compare the exchanges based on the rates they’re offering, think about how easy they are to use and whether the interface is going to cause you stress.

Bear in mind also that some Turkish exchanges, such as Vebitcoin and Thodex, have recently collapsed — in the latter’s case prompting an international manhunt. You’ll therefore want to research carefully and know your risks — and invest in a secure hardware wallet for your long-term savings.

In Turkey, cryptocurrency tokens are considered assets or goods. While the precise legal landscape is always changing, securities are taxed at around 23% in Turkey, and therefore investors should expect to pay this once they realise their BTC.

It depends on the exchange that you’re using. Most local exchanges will allow you to invest in Bitcoin in Turkey using Lira.

In April 2021, the Central Bank of the Republic of Turkey announced legislation that would ban cryptocurrencies from being used to pay for goods and services. Investing in Bitcoin itself, however, is not illegal. The country is set to launch its own ‘digital lira’; the authorities consider it important to distinguish what is a legitimate currency and what is not.

The easiest way to buy Bitcoin in Turkey is through an exchange. There are several exchanges based in Turkey, but you might equally use the more established global ones. Generally, going local means enjoying a higher degree of specialised support, but if you need to go through ID verification then you’ll find that the registration process takes longer, and that you’ll enjoy better liquidity on bigger platforms.

Depending on the exchange you’re using, you may have to first swap your Dirham for another currency, like the US dollar, before you are able to invest in Bitcoin. This will incur an additional fee, so make sure you account for this when making a decision about which exchange to use. This is a major point in favour of using a local exchange.

Most exchanges in the UAE will demand a small deposit before they allow you to buy bitcoin in the UAE, typically in the region of a few hundred AED. This may require an Emirati bank account.
In contrast with many other nations, the UAE actually supports bitcoin and other cryptocurrencies, most notably through free zones set up to attract crypto-related business to the country. This has lent many traders to be optimistic about the prospects for crypto in the region.

In the UAE, cryptocurrency is something of a legal grey area. This can be especially so if you’re operating from one of the country’s many ‘Free Zones’, where the regulatory environment is slightly different. If you’re uncertain about your tax obligations, it’s best to have an accountant to hand.

In late 2020, New Zealand’s Inland Revenue updated their guidance on the treatment of ‘cryptoassets’ for tax purposes. Accordingly, digital assets are considered a form of property rather than a form of currency. Since the country lacks a capital gains regime, this means that you’ll only be taxed if you’re buying Bitcoin with a view to selling it — if you’re looking to HODL indefinitely, then
you’re off the hook.
Interestingly, businesses which don’t fit the traditional definition of a crypto-asset business, but do
find themselves dealing in bitcoin, might also find themselves liable for additional income tax, in the
same way that they might if the cryptocurrency were any other form of asset.

Some exchanges offer support for the Ringgit, but most do not. When using a foreign exchange, there will likely be a currency conversion fee when buying crypto in US dollars or euros.

There are relatively few exchanges with offices in Malaysia, of which just three are recognised by the securities commission. If you’re trading choosing one of these local exchanges, you will enjoy superior support, often in Malay and potentially more competitive prices.

With that said, overseas exchanges will tend to offer superior liquidity, as they’re able to trade at a far larger volume than some smaller, local exchanges.

As ever, the best way to store your Bitcoin is using a secure private wallet rather than relying on the wallet given to you by the exchange, which will tend to be much less secure.

Like neighbouring Singapore, Malaysia is one of a handful of countries that imposes no capital gains tax. Thus, traders are free to invest in Bitcoin in Malaysia and then later sell it for a profit, without having to pay any extra to the tax authorities.

To buy crypto in Malaysia, you need to open an account at an exchange that services Malaysian customers. You can use the filters on this website to do so.

While there aren’t any outright prohibitions on trade in Bitcoin in Malaysia, the authorities have been very public in their punishment of crime associated with mining. In July 2021, they laid out more than a thousand mining rigs in a parking lot and squashed them all with a steamroller.

Many exchanges will only offer US dollar or euro trading pairs. When you send Rand to a cryptocurrency exchange, they will most often convert your deposit into US dollars for a small fee. This is something to bear in mind when you’re comparing the various exchanges available.

The vast majority of cryptocurrency exchanges are not available in South African languages, and most who buy bitcoin in South Africa will use exchanges where English is the main supported language.

There are a lot of factors to consider when buying bitcoin. Firstly, you should always compare current prices and fees to avoid overpaying. Secondly, terms and conditions on the use of different payment methods vary between different bitcoin exchanges. Thirdly, you want to make sure that your bitcoin exchange has a good security track record and that the identity verification process is smooth. Finally, as bitcoin is traded in USD on most exchanges, there may be exchanges that offer a much better exchange rate for AUD than others.

There are a lot of factors to consider when buying bitcoin. Firstly, you should always compare current prices and fees to avoid overpaying. Secondly, terms and conditions on the use of different payment methods vary between different bitcoin exchanges. Thirdly, you want to make sure that your bitcoin exchange has a good security track record. Last but not least, you want to make sure that the identity verification process of the bitcoin exchange is smooth.

The easiest way to buy bitcoin in the United States is through a bitcoin exchange on the Internet.

Selling bitcoin is a taxable event in the UK and subject to capital gains tax. All capital gains above the tax-free allowance of £12,300 are subject of 10% (taxable income less than £50,000) or 20% tax.

Bitcoin purchases within the EU are exempt from VAT according to the European Court of Justice (vgl. ECJ 22.10.2015, Rs C-264/14, Hedqvist; UStR 2000 Rz 759). Investments in cryptocurrencies are generally subject to capital gains tax or income tax if you are a full-time trader.

There are a lot of factors to consider when buying bitcoin. Firstly, you should always compare current prices and fees to avoid overpaying. Secondly, terms and conditions on the use of different payment methods vary between different bitcoin exchanges. Thirdly, you want to make sure that your bitcoin exchange has a good security track record. Last but not least, you want to make sure that the identity verification process of the bitcoin exchange is smooth.

The easiest way to buy bitcoin in the UK is through a bitcoin exchange on the Internet.

Selling bitcoin is a taxable event in Australia and subject to capital gains tax. Similarly, exchanging one cryptocurrency into another is also a taxable event. The capital gains tax is the same percentage as your individual income tax rate for assets held for less than 12 months and half your individual income tax rate for assets held longer than 12 months.

Starting July 2017, purchases of bitcoin and other digital currencies are exempt from the Australian GST. However, when selling Bitcoin, any capital gains have to be taxed.

The IRS treats bitcoin as a property. As a result, there is no VAT on the purchase of bitcoin. However, any sales of bitcoin are subject to capital gains tax.

The easiest way to buy bitcoin in Australia is through a bitcoin exchange on the Internet.

Credit card payments carry some risks for sellers. For example, credit card payments can be canceled relatively easily, which means that merchants could be left with the costs of the purchase.

Bitcoins can be bought with credit cards at vending machines (ATMs) as well as online. It should be noted that the conditions and fees at exchanges are usually much better than at ATMs.

The easiest way to buy bitcoins with credit card is searching for a bitcoin exchange that offers this payment method. Afterwards, you just need to open an account with the exchange and verify your identity, usually via ID document upload.

Bitcoins can be bought with credit card. However, not all exchanges offer credit cards as a means of payment. It is therefore worthwhile to compare different providers.

Unfortunately, PayPal excludes bitcoin exchanges from using their platform. Therefore, only CFD platforms can offer PayPal as a payment method for bitcoin.

You can buy Bitcoin on CFD platforms with PayPal. With some of these providers, the investment is made in Bitcoin itself, with other providers in CFDs that reflect the price of bitcoin. When making a purchase, the platform indicates whether you are investing in Bitcoin itself or in CFDs.

Bitcoin can be bought from a few providers with PayPal. These are usually CFD platforms that can be used to trade many other securities ​​such as stocks and options as well.

Selling bitcoin is a taxable event in the United States and subject to capital gains tax. Short-term investments are thereby taxed at the same rate as income. Long-term capital gains are taxed at lower rated between 0% and 20%, depending on your individual income.

In New Zealand, cryptocurrencies are treated as financial services, and regulated by a government
body called the Financial Markets Authority. This means that exchanges and wallet providers need to
declare themselves, and meet with certain obligations, as do new ventures offering Initial Coin
Offerings.

Some exchanges will allow you to make payments directly using the New Zealand dollar, while
others will insist that you make an exchange into the US dollar first before you invest in Bitcoin.
Again, you can see exactly what’s what by comparing them using CryptoRadar.

There are a number of exchanges which allow New Zealand residents to buy bitcoin. A few of them
are owned locally, including Easy Crypto and BitPrime. In the former case, you’ll need a private
wallet to receive settlement on any purchase. With that said, popular global exchanges are also
popular with many New Zealand-based bitcoin traders. You can use CryptoRadar to assess your options
when it comes to exchanges.

There are several means of transacting coins peer-to-peer, including Binance P2P and techniques like
Decentralised Finance (or DeFi).

It’s not currently possible to buy Bitcoin using Naira-domiciled cards. As such, you’ll need to use a
bank transfer. This has the advantage of being cheaper, too. You might also look for a local vendor or
ATM which will accept cash — but bear in mind that this will be more expensive.

Bitcoin is considered a commodity in Nigeria, and they’re treated as such. If you invest in Bitcoin in
Nigeria and sell it for a profit, then you’ll be liable for capital gains tax.

For most Nigerian Bitcoin users, exchanges have fallen out of popularity, in favour of direct peer-to-
peer transactions, which don’t require any proof of identification. With that said, you can still buy
bitcoin in Nigeria using exchanges — it’s just that you’ll have to go through checks against money
laundering and terrorism.

Around 32% of the country admitted to owning or using one form or other of crypto, according to a
Statista survey for 2020 — and recent analytics demonstrate that activity in the country is rising, not
falling. Thus, Nigerians benefit from familiarity with the currency, which is used as protection against
the depreciation-prone Naira.

According to the Canada Revenue Agency, cryptocurrency is not legal tender, but rather a digital representation of value, which is treated more like a commodity for tax purposes. Therefore, when businesses and individuals earn money through the sale of Bitcoin, they’re taxed under capital gains, as they would be if they were selling any other kind of asset.

You can, but only on some exchanges. Other exchanges will convert your Canadian Dollars to US Dollars after you deposit money.

Buying Bitcoin in Canada can be done in several ways, but the most popular is through an exchange. These organisations act as impartial bridges between traders. You can compare the available exchanges using Cryptoradar.

Residents of Singapore do not need to pay capital gains tax in the same way that those living in other countries do. Historically, cryptocurrencies fell under the Goods and Services Tax (GST), but this practice was abandoned by the Inland Revenue Authority of Singapore, which now classifies cryptocurrency as Digital Payment Tokens. Since capital gains are tax exempt, residents of Singapore do not need to pay taxes on profits. Meanwhile businesses that buy and sell Bitcoin will be taxed on their profits,.

Open an account on your exchange of choice, submit proof of identification, deposit your Singapore dollars, and start trading.

If you want to buy Bitcoin in Singapore, you’ll have several options. You can go to a broker, or you can trade with another person directly, or you can buy through an exchange. Of these, the exchange is by far the safest and most popular.

Bitcoin is the first decentralized digital currency and the leading cryptocurrency worldwide. Bitcoin serves as a store of value and is therefore often referred to as digital gold. Read our guide on Bitcoin to learn more about this cryptocurrency.

In February 2021, Nigeria’s central bank clamped down on Bitcoin. It ordered banks to close all
accounts using cryptocurrencies, and to identify ‘persons and/or entities’ who persisted in
transacting using cryptocurrency of any kind. Despite this, demand for crypto is buoyant in Nigeria.
This was, in fact, a reiteration of an old order, which, as Deputy Governor Adamu Lamtek clarified in
March, does not amount to an outright ban on cryptocurrency — meaning that Nigerians can still
legally invest in Bitcoin.

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