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Best Crypto Exchanges in Lithuania 2024: Regulated Platforms

Publisher

January 25, 2024
Best crypto exchanges in Lithuania

Getting into crypto trading as a Lithuanian citizen might seem confusing as there are hundreds of trading platforms to choose from. That’s why it is important to look for legit and reliable crypto exchanges that comply with local laws and regulations of the European Securities and Markets Authority (ESMA), the Bank of Lithuania, as well as the Financial Crime Investigation Service (FCIS). Additionally, these cryptocurrency exchanges should support the local Lithuanian currency Euro, for payments.

Read our guide of the 5 best crypto exchanges in Lithuania based on all key factors such as products & features, value for money, € deposit and withdrawal methods, supported assets, and, of course, licenses & regulations.

 

Top 5 Lithuanian crypto exchanges Reviewed

We have analyzed over 100 crypto exchanges to compile a list of the top 5 Lithuanian crypto exchanges, and we also give recommendations based on your preference. In our guide, we will present very advanced crypto exchanges for experts as well as basic platforms for beginners. Read on to learn everything that you need to know as a Lithuanian crypto investor and trader!

  1. Bitget – Best Crypto Exchange in Lithuania
  2. OKX – Best Alternative exchange in Lithuania
  3. eToro – Best Allrounder in Lithuania
  4. Bybit – Best Advanced Crypto Exchange in Lithuania
  5. Uphold – Best Beginner Exchange in Lithuania

 

1. Bitget

Bitget is the best crypto exchange in Lithuania, offering over 500 digital assets, including Bitcoin, Ethereum, Dogecoin, and many more. With a user-friendly interface and advanced features, Bitget is not only great for beginners but also for advanced crypto traders.

The Bitget cryptocurrency exchange stands out with a comprehensive spot and futures market, up to 125x leverage, low trading fees, and their flagship product, Copy trading.

Aside from trading services, Bitget offers a wide array of passive income products such as staking, mining, lending, and copy trading.

The Seychelle-based crypto exchange is fully registered in Lithuania and operates legally in the European country. Bitget also holds numerous other licenses, including an MSB license from the FinCEN.

Bitget is a top choice for Lithuanian traders as the platform supports free 0% fee Euro € deposits via SEPA transfer. And if you are done with trading, you can easily withdraw your crypto profits from Bitget to your Lithuanian bank account via SEPA bank transfer for a fixed withdrawal fee of only 0.5€. Bitget has the cheapest € deposit and withdrawal methods for Lithuanian crypto enthusiasts.

 

Spot Fees: 0.1% maker / 0.1% taker

Futures Fees: 0.02% maker / 0.06% taker

Supported Cryptos: 500+

Futures Contracts: 290+

Euro € Payments: Free Euro deposits via SEPA Bank Transfer + Payments with credit/debit card

Customer Support: 24/7 English live chat support

 

Visit Bitget

 

2. OKX

OKX is the third largest crypto derivatives exchange in Lithuania, reeking in over $15 billion in daily trading volume. The Seychelle-based crypto exchange is legally operating in over 100 countries, including Lithuania.

With 320 supported digital assets, up to 100x leverage, and some of the lowest trading fees, OKX is one of the best cryptocurrency exchanges in terms of value for money. However, it is important to note that OKX is also one of the most advanced crypto platforms with a heavy focus on trading. This makes it the best cryptocurrency exchange option in Lithuania for advanced cryptocurrency traders, while beginners might have a hard time navigating through the exchange.

If you don’t own any cryptos yet, you can purchase them on OKX directly via Bank transfer, Revolut, SEPA Instant, Paysera, Credit/Debit card, Apple Pay, or Google Pay. Unfortunately, Euro deposits and withdrawals are not supported. The fees range between 1-3% based on your payment method.

 

Spot Fees: 0.08% / 0.1%

Futures Fees: 0.02% maker / 0.05% taker

Supported Cryptos: 320+

Futures Contracts: 240+

Euro € Payments: No deposits, only crypto purchases supported

Customer Support: Email support

 

Visit OKX

 

3. eToro

eToro is one of the largest trading platforms in Europe, making it a safe and reliable option as a Lithuanian crypto exchange. What makes eToro special is the fact that it is not just a crypto company. You can not only trade cryptos but also traditional finance assets such as stocks, commodities, indices, ETFs, and more. Over 3000 assets are supported, 70 of them are cryptocurrencies.

While eToro does not offer crypto futures trading, users can access up to 10x leverage in the margin trading feature. One key thing to note is that eToro lacks advanced trading features, making it a great option for beginners, while experienced traders in Lithuania will miss some features.

The platform is legally operating as a cryptocurrency exchange in Lithuania. Additionally, eToro holds numerous licenses in European countries with CySEC, DNB, AMF, and FCA, making eToro a great option in terms of security.

For crypto traders from Lithuania, eToro offers Euro payments via PayPal, Bank Transfer, Credit/debit card, Sofort, and more. The fees range between 1€ and 3%.

 

Spot Fees: 0.1% for makers and takers + 1%-3% spread

Futures Fees: No futures trading supported

Supported Assets: 3000+

Supported Cryptos: 70+

Euro € Payments: Cheap Euro deposits with PayPal, Bank Transfer, Credit/Debit card, Sofort payments, and more.

Customer Support: Email support

 

Visit eToro

 

4. Bybit

Bybit is a great alternative as one of the best Crypto exchanges in Lithuania. Over 15 million users trust the second-largest crypto exchange in the world. With over 430 crypto assets, low trading fees, and a great derivatives market with up to 100x leverage, Bybit offers a great environment for experienced crypto investors.

What’s special about Bybit is the number of advanced trading options and features. Bybit even offers crypto options trading, quarterly crypto futures, and NFT trading. This makes Bybit one of the best options for professional crypto traders in Lithuania.

Bybit also has some financial products such as staking, mining, liquidity farming, copy trading, and more to make passive income on the side.

With Euro deposits and withdrawals, Bybit is a good option for Lithuanian users as they can easily send and receive their local fiat currency. However, € transfers are only supported through Advcash, meaning you have to set up a third-party account to make Euro transactions.

 

Spot Fees: 0.1% / 0.1%

Futures Fees: 0.02% maker / 0.055% taker

Supported Cryptos: 430+

Futures Contracts: 240+

Euro € Payments: Cheap Euro deposits with Advcash + Payments with credit/debit card

Customer Support: 24/7 live chat support

 

Visit Bybit

 

5. Uphold

Uphold is another great crypto exchange in Lithuania. The European platform has over 10 million users globally and is a reliable and well-respected crypto exchange for beginners. With licenses in Europe, including Lithuania, Uphold is a great option for Lithuanian crypto traders.

With a very well-designed and user-friendly interface, Uphold is simple to navigate. The Uphold mobile app makes it a great option for crypto traders looking to trade on the go.

For crypto trading, Uphold charges 1.4% to 1.95%. The trading fees may differ based on the popularity of the crypto and the available liquidity.

Uphold makes fiat deposits simple with bank transfers and credit/debit card payments. You can fund your Uphold account via credit card. A 3.99% fee applies to credit card payments, making Uphold a rather expensive crypto exchange compared to other options.

Overall, we consider Uphold to be one of the best crypto exchanges in Lithuania for beginners due to its basic features with a beginner-friendly design.

 

Spot Fees: 1.4% / 1.95%

Futures Fees: No futures supported

Supported Cryptos: 200+

Futures Contracts: No futures supported

Euro € Payments: Cheap Euro Bank Transfers, 3.99% Fee on Credit/Debit card payments

Customer Support: 24/7 live chat support

 

Visit Uphold

 

Is Crypto Legal in Lithuania?

If you want to buy, sell, or trade crypto in Lithuania, you don’t need to worry, as it is completely legal to do so. However, it is important to look for a licensed crypto company in Lithuania. Lithuanian crypto investors have multiple crypto exchange options to choose from. With many platforms licensed in Lithuania, like Bitget, eToro, Uphold, and more, the country has some of the best crypto companies in the world.

As Crypto is a legitimate way to make money, don’t forget that crypto profits are subject to capital gains tax. Other taxes like value-added tax (VAT) may apply too. As we are no legal advisor, we recommend you consult with a local tax authority to answer your questions regarding crypto taxation in Lithuania.

 

How to Buy Bitcoin & Other Cryptos in Lithuania

Buying cryptos such as Bitcoin or Ethereum in Lithuania is simple. Follow our step-by-step guide on how to buy Bitcoin and other cryptos in Lithuania on a reliable crypto exchange with the best value for money.

  1. Select a Crypto Exchange: First, you must choose a safe and secure crypto exchange. The best crypto exchange to purchase Bitcoin in Lithuania is Bitget due to free Euro deposits. On top of that, Bitget has the lowest spot trading fees.
  2. Sign Up on the Exchange: Now that you have decided which exchange you want to use, proceed with the signup process. Due to AML laws (Anti-money laundering) and regulations, you must verify your identity on Bitget with KYC verification to deposit money.
  3. Make a crypto purchase: Now that your free Euro deposit has arrived on your Bitget account, you can go to the spot market and purchase your desired crypto. You can trade Bitcoin/Euro directly with only 0.1% fees. That means if you invest 100€ on Bitget, you will only pay 0.1€ in fees, which is the best value for money on crypto exchanges in Lithuania.
  4. Secure Your Assets: If you are a crypto investor, you should store your cryptos on a secure crypto wallet instead of a crypto exchange. Cold storage wallets like the Ledger Nano X give you full control over your crypto assets.

 

Final Thoughts

In summary, if you are looking for the best crypto exchange, then Bitget is your best shot. With the best value for money, over 500 supported cryptos, low trading fees, a comprehensive spot and futures market, and numerous passive income products such as copy trading, Bitget is the top choice for Lithuanian crypto investors. Lastly, Bitget is a great allrounder with advanced features while still being a beginner-friendly crypto exchange.

Other great options include OKX, eToro, Bybit, and Uphold.

Bitget, OKX and Bybit are catering to serious crypto traders with some of the lowest fees and most advanced trading options.

eToro and Uphold, on the other hand, are a lot more expensive but also a lot more beginner-friendly, making them great choices for people who just want to play around with crypto a little bit.

 

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