Best Crypto Exchanges in Germany 2023

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Best crypto exchange in germany

If you want to trade, buy, or sell cryptocurrencies in Germany, it is important to do so on a secure and regulated crypto exchange. That means that the crypto exchange complies with local laws and regulations, such as AML laws and KYC requirements.

Additionally, the crypto exchange should support the Euro for payments, deposits, and withdrawals, preferably via Bank Transfer or Credit/Debit card.

In this guide, we will present you with the top 5 cryptocurrency exchanges in Germany based on numerous factors such as security, features, fees, Euro deposit and withdrawal options, value for money, user-friendliness, and more. These crypto exchanges are licensed and require KYC verification as they comply with local laws and regulations. Without KYC verification, you will not be able to use the following platforms.

 

Top 5 Cryptocurrency Exchanges in Germany Reviewed

After testing over 100 cryptocurrency exchanges, our team of analysts has compiled a list of the 5 best crypto exchanges in Germany. Read on to learn everything that you need to know about Germany’s top crypto exchanges!

  1. Bitget – Best Overall Crypto Exchange in Germany
  2. Bitpanda – Best Beginner Crypto Exchange in Germany
  3. Bybit – Best Advanced Crypto Exchange in Germany
  4. eToro – Best Crypto + TradFi Exchange in Germany
  5. OKX – Best Derivatives Crypto Exchange in Germany

 

1. Bitget

Bitget shines as the overall best crypto exchange in Germany. The crypto exchange was founded in 2018 and has amassed over 15 million users. With a daily trading volume of over $10 billion, deep liquidity, low fees, and a very beginner-friendly interface, Bitget differentiates itself from the competition as the perfect all-rounder. In terms of regulations, Bitget has secured licenses from the CySEC, FinCEN, and more.

On the spot market, Bitget supports 598 cryptocurrencies, while the futures market supports up to 125x leverage. This makes Bitget a great option not only for beginners but also for experienced crypto traders from Germany. In addition to self-trading, Bitget offers the option to copy-trade advanced crypto traders to earn passive income from their performance.

What makes Bitget stand out most as the top crypto exchange in Germany is its free Euro deposit option. German crypto traders can easily deposit Euros using their Bank card while enjoying 0% fees. Alternatively, Bitget supports credit/debit card payments and a P2P market for direct crypto purchases with the Euro.

If you want to learn more about the exchange, you can read our full Bitget review.

 

Supported Cryptocurrencies: 600+ cryptocurrencies

Futures Contracts: 200+ futures contracts

Max. Leverage: 125x

Spot Trading Fees: 0.1% maker/0.1% taker

Futures Trading Fees: 0.02% maker/0.06% taker

Deposits & Withdrawals: Supports free Euro deposits via Bank Transfer + Credit/Debit card payments

 

Bitget Pros & Cons

👍 Bitget Pros👎 Bitget Cons
✅ Free Euro deposits❌ Advanced Features are confusing for beginners
✅ Very user friendly❌ Limited Educational Resources
✅ 500+ Cryptos❌ Not available in US
✅ Copy Trading
✅ 24/7 Live chat support
✅ Low fees

Visit Bitget!

 

2. Bitpanda

Bitpanda is one of the best beginner crypto exchanges in Germany. With its incredibly user-friendly interface and basic trading features, Bitpanda is a great gateway into the crypto world. With strong regulatory standings and licensing by the Federal Financial Supervisory Authority (BaFin), we consider Bitpanda to be one of the safest crypto exchanges in Germany.

What makes Bitpanda stand out most from the rest are its trading options, which not only include 300+ cryptos but also traditional finance assets such as stocks, indices, ETFs, and more.

For experienced traders, Bitpanda also has its advanced trading platform called “Bitpanda Pro”, with better liquidity and lower fees.

German users can easily deposit their local currency using Bank Transfers, PayPal, Credit/Debit Cards, and more. The deposit fees range from 1-3% based on the payment method.

If you want to learn more about the exchange, you can read our full Bitpanda review.

 

Supported Cryptos: 200+

Futures Contracts: No futures supported

Spot Fees: 1.49% (buying), 1.29% (selling)

Futures Fees: No futures supported

Max Leverage: 3x

Deposits & Withdrawals: PayPal, Debit cards, credit cards, and bank transfers.

 

Bitpanda Pros & Cons

👍 Bitpanda Pros👎 Bitpanda Pros
✅ Very beginner friendly❌ No futures
✅ 300+ cryptos available❌ Low liquidity
✅ Simple € on/off ramps❌ Lacks advanced features
✅ Passive income products❌ No proof of reserves
✅ TradFi + Crypto Assets

 

Visit Bitpanda!

 

3. Bybit

Bybit is one of the best crypto exchanges in Germany for advanced and professional crypto traders. Over the last years, Bybit has risen to the top 3 in terms of daily trading volume, regularly reaching more than $15 billion. This makes Bybit a robust and reliable crypto exchange for German cryptocurrency traders.

With sophisticated trading products, including spot, futures, margin, options, and even NFT trading, Bybit is one of the most versatile crypto exchanges in Germany. Bybit is shining, especially in the crypto derivatives trading rubric. In addition to trading features, Bybit offers a comprehensive suite of passive income products, including staking, mining, liquidity farming, and copy trading. Another special feature is the Bybit crypto debit card, which you can use for payments.

Lastly, Bybit supports fiat currency deposits, including Euro. German users can deposit their local currency on Bybit using Advcash. Alternatively, Bybit offers direct crypto purchases using credit/debit cards, bank transfers, Google Pay, and more.

If you want to learn more about the exchange, you can read our full Bybit review.

 

Supported Cryptos: 500+

Futures Contracts: 220+

Max Leverage: 125x

Spot Fees: 0.1% maker / 0.1% taker

Futures Fees: 0.2% maker / 0.55% taker

Deposits & Withdrawals: Euro € deposits and withdrawals via Advcash and Purchases via credit/debit card + Bank Transfer

 

Bybit Pros & Cons

👍 Bybit Pros👎 Bybit Cons
✅ Low trading fees❌ Extremely advanced (confusing for beginners)
✅ High liquidity❌ Not available in the United States
✅ Advanced trading options
✅ Copy trading
✅ Passive income products
✅ Full proof of reserves

 

Visit Bybit!

 

4. eToro

The fourth contender of the best cryptocurrency trading platforms in Germany is eToro. What makes eToro special is its wide variety of assets, including 75+ cryptos, stocks, indices, ETFs, fiat currencies, and more. With over 100 million users, eToro is one of the largest trading platforms in the world.

Being extremely user-friendly, we consider eToro to be the perfect crypto exchange for newbies and inexperienced traders. With basic trading tools and an easy-to-use trading interface, eToro offers a safe environment for new traders. However, advanced traders will be missing some more advanced features.

Lastly, eToro offers excellent Euro support with multiple payment methods. Some of the payment methods include PayPal, Credit/Debit cards, Bank Transfers, Klarna, and more.

If you want to learn more about the exchange, you can read our full eToro review.

 

Supported Cryptos: Over 75+ cryptocurrencies

Futures Contracts: None

Max. Leverage: 3X

Spot Trading Fees: 1% maker/taker

Futures Trading Fees: N/A

Deposits & Withdrawals: Euro deposits via Cards, SEPA, e-wallet, PayPal, and more

 

eToro Pros & Cons

👍 eToro Pros👎 eToro Cons
✅ Very beginner friendly❌ Lacks advanced features
✅ Best Euro fiat support❌ Very high trading fees
✅ 3000+ supported assets❌ Only 75 cryptos supported
✅ Crypto + TradFi assets

 

Visit eToro!

 

5. OKX

Last but not least, we have OKX as one of the best derivatives crypto exchanges in Germany. OKX is the second largest crypto exchange after Binance. With low fees, deep liquidity, and extremely advanced trading tools, we consider OKX to be the best crypto exchange for extremely experienced crypto traders from Germany.

Aside from an excellent crypto trading market, OKX offers some of the best passive income products on the crypto market. Some of these options include copy trading, staking, mining, dual investments, liquidity providing, loans, and more.

Where OKX is inferior to its competition is the fiat support. Unfortunately, OKX does not support any fiat deposit or withdrawal methods. However, you can purchase cryptos directly on OKX through credit/debit cards, Google Pay, Apple Pay, and the P2P market.

If you want to learn more about the exchange, you can read our full OKX review.

 

Supported Cryptocurrencies: 320+

Futures Contracts: 200+

Max. Leverage: 125x

Spot Fees: 0.08% maker / 0.1% taker

Futures Fees: 0.02% maker / 0.05% taker

Deposits & Withdrawals: No Euro deposits/withdrawals. Only purchases via Credit/Debit Cards or the P2P market

 

OKX Pros & Cons

👍 OKX Pros👎 OKX Cons
✅ Low trading fees❌ Extremely advanced, not very user-friendly
✅ Very reliable❌ No live chat support, only e-mail
✅ Great copy trading feature❌ Lacks Euro deposit/withdrawal methods
✅ Advanced order options

 

Visit OKX!

 

Is Crypto Legal in Germany?

Yes, buying Bitcoin or other cryptocurrencies is legal in Germany. You can buy, sell, and trade digital assets without having to worry. However, it is important to select a safe and secure crypto exchange that complies with local laws and regulations, such as AML laws, which means that KYC verification is necessary. Lastly, it is important to keep in mind that you have to pay taxes on your crypto profits.

 

How To Buy Bitcoin & Other Cryptos in Germany

Buying Bitcoin and other cryptocurrencies in Germany is very simple and straightforward. Follow our step-by-step guide on how to purchase cryptos in Germany in a safe and secure way:

  1. Choose a Licensed exchange: The best licensed crypto exchange operating in Germany is Bitget due to its low fees and high value for money. Other great alternatives are Bitpanda or Bybit.
  2. Create & Verify your account: Sign up with your email and password. Then, you have to verify your identity with the KYC process.
  3. Deposit funds: Once your KYC is approved, you can deposit funds. Bitget offers the cheapest Euro deposit option with 0% fees on SEPA Bank Transfers.
  4. Purchase Crypto: Once your funds arrive, you can move to the spot market and convert your fiat currency to your desired crypto.
  5. Secure your assets: We never recommend storing your crypto investments on an exchange. It is always best to store them securely in your personal cold storage crypto wallet like the Ledger Nano X.

 

Summary

In conclusion, the best crypto exchange in Germany overall is Bitget. This is due to its low fees, free euro deposits, beginner-friendly interface, and advanced trading options. Bitgett is the perfect allrounder, offering a user-friendly platform for newbies while offering an advanced futures trading platform for experienced crypto traders.

Other great alternative crypto exchanges in Germany include Bybit and OKX. These two platforms have very advanced features and low trading fees.

Lastly, Bitpanda and eToro are the best crypto exchanges in Germany for beginners. While the fees are very high on both platforms, they offer an easy way to get your foot into the crypto market in a safe and secure manner.

 

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