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Best Crypto Exchanges in Germany 2024

Publisher

February 24, 2024
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 (Geldwäschegesetz) 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 7 Cryptocurrency Exchanges in Germany Reviewed

After testing over 100 cryptocurrency exchanges, our team of analysts has compiled a list of the 7 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. BingX – Best Low Fee Crypto Exchange in Germany
  3. OKX – Best Derivatives Crypto Exchange in Germany
  4. Coinbase – Most beginner friendly Crypto Exchange
  5. eToro – Best Crypto + TradFi Exchange in Germany
  6. Bitpanda – Local German Crypto Exchange
  7. MEXC – Best Low Fee 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. BingX

BingX is one of the best crypto exchanges for active trading in Germany and gives users access to over 690 cryptocurrencies, including BTC, ETH, and many more. What makes BingX special is its wide array of tradable assets, not only encompassing cryptocurrencies but also traditional assets such as stocks, forex, commodities, and indices, with up to 200x leverage.

Also available to users are extremely inexpensive trading fees. Charges for makers and takers on the spot market are fixed at 0.1%; however, for futures trading, the fees are 0.02% and 0.05%, respectively.

What makes BingX appealing to us is that it provides a very clear and easy-to-use trading interface that both novice and seasoned traders can easily navigate. Technical indicators, sophisticated order types, and other advanced trading tools are also available on the platform. Aside from spot and futures trading, BingX offers copy trading and other passive income products.

On top of that, BingX offers users the option to stay anonymous when trading on its platform. However, to unlock all features and higher withdrawal limits, you must verify your identity with the KYC process.

BingX is an excellent choice for German crypto traders, as the platform supports fiat deposits for Euros using SEPA transfer. The best thing is that there are no fees involved when depositing Euros on BingX.

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

 

Supported Cryptocurrencies: 690+ cryptocurrencies

Futures Contracts: 240+ futures contracts

Max. Leverage: 125x Crypto / 200x TradFi

Spot Trading Fees: 0.1% maker / 0.1% taker

Futures Trading Fees: 0.02% maker / 0.05% taker

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

 

BingX Pros & Cons

👍 BingX Pros👎 BingX Cons
✅ 700+ supported cryptos❌ Not available in the US
✅ Very user friendly❌ Very advanced trading platform
✅ Advanced trading tools
✅ Low trading fees
✅ Free Euro SEPA transfers
✅ Cryptos, Stocks, Forex, Commodities, Indices

 

Visit BingX!

 

3. 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!

 

4. Coinbase

Coinbase is the best option for new cryptocurrency traders seeking a user-friendly platform in Germany. It is the most reliable platform where you can easily buy and sell cryptocurrencies and NFTs. Coinbase is one of the largest and oldest cryptocurrency exchanges in the world, with over 100 million users. The company is fully regulated and publicly traded.

Coinbase is well known for its simple user interface and tools that make it easy for beginners to buy, sell, and swap cryptocurrencies. On the spot market, its trading fees vary from 0.00% to 0.40% for makers and 0.05% to 0.60% for takers. Moreover, it has set maker and taker fees of 0.00% and 0.001% for stablecoins, respectively.

German users can easily deposit funds with Euros (€) using bank deposit or credit/debit cards.

Finally, Coinbase offers two-factor verification to users in order to guarantee the security of all funds and stop cybercrimes from compromising your money.

 

Supported Cryptocurrencies: 240+ cryptocurrencies

Futures Contracts: No futures supported

Max. Leverage: No leverage supported

Spot Trading Fees: 0.4% maker / 0.6% taker

Deposits & Withdrawals: € SEPA transfer + Credit/Debit card payments + Sofort

 

Coinbase Pros & Cons

👍 Coinbase Pros👎 Coinbase Cons
✅ Reputable exchange❌ High trading fees
✅ Very secure crypto trading platform❌ No Futures
✅ Very beginner-friendly❌ Lacks advanced trading features
✅ Highly regulated❌ No live chat support
✅ Euro deposits supported

 

Visit Coinbase!

 

5. 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!

 

6. 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!

 

7. MEXC

MEXC was founded in 2018 and currently serves over 16 million users in more than 170 countries, including Germany. The platform is one of the best non-KYC exchanges for traders and investors seeking a wide range of digital assets, as it offers over 1600 assets for trading. All of this while enjoying some of the lowest trading fees.

MEXC offers spot traders access to trading fees as low as 0% for makers and takers on the spot market, while for futures, the charge is 0% for makers and 0.02% for takers.

Furthermore, MEXC takes the security and safety of user assets very seriously as the exchange implements advanced security measures, including two-factor authentication, encryption, cold storage, and many more. MEXC also provides full proof of reserves, guaranteeing that the company funds back all user assets.

Lastly, MEXC supports Euros for card payments. German crypto traders can also buy cryptos seamlessly with other payment methods, including P2P trading or third-party payment, e.g., Simplex, at low fees. Crypto deposits are free of charge, and crypto withdrawals vary based on the selected network.

To learn more about MEXC, check out our full MEXC review.

 

Supported Cryptos: 1600+

Futures Contracts: 360+

Max. Leverage: 200x

Spot Fees: 0% maker/ 0% taker

Futures Fees: 0.% maker/ 0.02% taker

Customer Support: 24/7 live chat

Deposits & Withdrawals: Credit/Debit card payments & P2P trading

 

Visit MEXC!

 

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 BingX.
  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 BingX 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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