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5 Best Crypto Exchanges in Romania 2024: Regulated Platforms

Publisher

February 25, 2024
Best Crypto Exchanges in Romania

Choosing a suitable crypto exchange as a trader or investor in Romania can be challenging as there are many options. If you’re seeking a crypto exchange that offers the best trading experience and also complies with the rules and regulations of the Romanian Financial Supervisory Authority, look no further!

This article features the five best crypto exchanges in Romania and everything you need to know, including trading fees, security, supported coins, and many more, to help you identify the right exchange for your needs. They include:

  1. MEXC – Best crypto exchange in Romania
  2. Bybit – Best alternative exchange in Romania
  3. Kraken – Oldest crypto exchange in Romania
  4. eToro – TradFi + Crypto Trading in Romania
  5. Uphold – Best beginner exchange in Romania

 

1. MEXC

MEXC was founded by John Chen in 2018, with its headquarters in Singapore. With over 10 million users across over 170 countries, including Romania, MEXC is one of the fastest-growing crypto exchanges worldwide. The exchange is fully licensed and obeys all the rules and regulations required for crypto trading by the Romanian Financial Supervisory Authority (ASF).

Users have access to over 1600 cryptocurrencies for trading, with an average daily trading volume of over $500 million. That makes MEXC an excellent choice for traders seeking a wide range of crypto assets to diversify their portfolios.

MEXC is best for spot and futures trading in Romania as the platform offers the lowest trading fees and high leverage.

On the spot market, the charge is 0% for both makers and takers.

For futures, the charge is 0% for makers and 0.02% for takers with leverage of up to 200x on derivatives and perpetual contracts. Users can also enjoy a 10% discount on fees when they make use of the MEXC token “MX” for payments.

The exchange supports over 50 fiat currencies for payments, including the Romanian Leu (RON). Payment methods include BANXA, MoonPay, Simplex, and Mecuryo. The cheapest option for users in Romania is BANXA, which offers a 1.99% gateway fee for Card transactions.

MEXC also provides a user-friendly mobile app for trading on the go, available for Android and IOS users in Romania, with a 4.2/5 star rating on the Google Play Store.

If you want to learn more about MEXC, you can read our full MEXC review here.

 

Spot Fees: 0% maker/ 0% taker

Futures Fees: 0.% maker/ 0.02% taker

Supported Cryptos: 1600+

Fiat Payments: Yes, via BANXA, MoonPay, Credit/Debit card

Customer Support: 24/7 live chat

Bonus: $9100 (Claim Now)

 

MEXC Pros & Cons

👍 MEXC Pros👎 MEXC Cons
✅ Lowest Trading Fees❌ Lacks FIAT support
✅ Best Liquidity❌ Lacks Passive Income Products
✅ 1700+ Cryptos❌ Inferior Copy Trading
✅ No KYC
✅ 200x Leverage

 

Visit MEXC

 

2. Bybit

Bybit was founded by Ben Zhou in 2018, with its headquarters located in Dubai. The platform has over 15 million users across over 160 countries, including Romania. The exchange is fully licensed and complies with all the guidelines of the ASF for crypto trading in Romania.

Users have access to over 400 cryptocurrencies for trading, with a daily trading volume of over $10 billion. Bybit is best for copy trading in Romania as it allows users to learn from the top traders on the platform and earn from their trades.

The exchange also offers spot and futures trading. On the spot market, the fee is 0.1% for both makers and takers.

For futures, the fee is 0.02% for makers and 0.055% for takers with leverage of up to 100x on derivatives and perpetual contracts.

The exchange supports over 15 fiat currencies for payments, including RON for users in Romania. FIAT deposits are handled by third-party payment providers, which include BANXA, XanPool, MoonPay, Mercuryo, and Neofi. The cheapest method for users in Romania is BANXA, which offers a 1.99% fee on RON card transactions.

Bybit provides a mobile app available for Android and IOS users in Romania with a 4.7/5 star rating on the Google Play Store.

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

 

Spot Fees: 0.1% maker/ 0.1% taker

Futures Fees: 0.02% maker/ 0.055% taker

Supported Cryptos: 432+

Futures Contracts: 200+

RON Payments: Yes, with BANXA, MoonPay, Credit/Debit card

Customer Support: 24/7 live chat

Bonus: $30,000 (Claim Now)

 

Bybit Pros and Cons

👍 Bybit Pros👎 Bybit Cons
✅ Great passive income products❌ Lacks FIAT support for Romania
✅ Best Liquidity❌ Not beginner-friendly
✅ 420+ cryptos
✅ Advanced trading tools

 

Visit Bybit

 

3. Kraken

Kraken was founded by Jesse Powell in 2013 and has its headquarters in San Francisco, California. The platform has over 9 million users across over 190 countries, including Romania. The exchange is fully licensed and compliant with all the guidelines of the ASF for crypto trading in Romania.

Users have access to over 200 cryptocurrencies for trading, with an average daily trading volume of over $100 million.

Kraken is the most secure crypto exchange in Romania as it implements advanced security measures, including two-factor authentication and cold storage, to ensure the safety of user assets. The exchange provides proof of reserves, showing that the company fully funds back user funds.

The exchange also offers spot and futures trading. On the spot market, the charge is 0.16% for makers and 0.26% for takers, which is relatively high. For futures trading, the charge is 0.02% for makers and 0.05% for takers with up to 50x leverage.

The platform supports six fiat currencies for payments, but RON isn’t supported. However, users in Romania can purchase crypto with a Visa/MasterCard.

A mobile app for trading is available for Android and iOS users in Romania with a 4.2/5 star on the Google Play Store.

If you want to learn more about Kraken, check out our full Kraken review here.

 

Spot Fees: 0.16% maker/ 0.26% taker

Futures Fees: 0.02% maker/ 0.05% taker

Supported Cryptos: 200+

Customer Support: 24/7 live chat

 

Kraken Pros and Cons

👍 Kraken Pros👎 Kraken Cons
✅ Old and reliable platform❌ Limited payment methods
✅ Available in US❌ Lacks advanced features
✅ Passive income products❌ High spot trading fees
✅ Low futures trading fees

 

Visit Kraken

 

4. eToro

eToro was launched in 2007, with its headquarters located in Israel. The platform has over 20 million users across over 140 countries, including Romania. The exchange is fully licensed and compliant with all the guidelines of the ASF for crypto trading in Romania.

Users can access over 70 cryptos and over 3000 digital assets, including ETFs and stocks, for trading. The exchange is the best for beginners in Romania as it features a simple interface with simple tools that are easy to navigate for beginners and inexperienced traders.

eToro charges a 1% fee for buying or selling crypto assets on its platforms. The exchange doesn’t accept crypto deposits, only crypto withdrawals.

The platform supports over 20 fiat currencies for payments, including the RON for users in Romania. Payment methods include SEPA Transfer, PayPal, Skrill, Neteller, and Credit/Debit Cards. The cheapest option for users in Romania is through SEPA transfers, as it offers free RON deposits and withdrawals.

Users can also access a mobile app available for IOS and Android users in Romania with a 4.0/5 star rating on the Google Play Store.

If you want to learn more about eToro, check out our full eToro review here.

 

Fees: 1% for all trading cryptos

Supported Cryptos: 70+

RON Payments: Yes, with SEPA, Visa/Mastercard

Customer Support: 24/7 live chat

 

eToro Pros and Cons

👍 eToro Pros👎 eToro Cons
✅ Beginner-friendly❌ Poor liquidity
✅ Copy trading❌ Limited number of cryptos (70+)
✅ Passive income with staking❌ High trading fees
✅ TradFi trading❌ Lacks advanced features

 

Visit eToro

 

5. Uphold

Uphold was founded by Halsey Minor in 2015, with its headquarters in the United States. The platform has over 10 million users across 180 countries, including Ireland. The exchange is fully licensed and compliant with all the guidelines of the ASF for crypto trading in Romania.

Users can access 200+ cryptocurrencies for trading, and fees range from 0.5% to 1.0%. Uphold is best for beginners and inexperienced traders in Romania as it offers a simple interface with easy navigation tools navigate for beginners.

The exchange only features spot trading and doesn’t support futures trading.

Over 30 currencies are available for fiat payments, including the RON for users in Ireland. Payment methods include Visa/Mastercard, Bank transfer, SEPA, GooglePay, and Apple Pay. The cheapest method for users in Romania is through SEPA, which offers free RON deposits and withdrawals.

A mobile app in Romania is available for IOS and Android users with a 4.0/5 star rating on the Google Play Store.

 

Fees: 0.5% – 1% for all trades

Supported Cryptos: 200+

RON Payments: Yes, with SEPA, Bank transfer

Customer Support: 24/7 live chat

 

Uphold Pros and Cons

👍 Uphold Pros👎 Uphold Cons
✅ Beginner-friendly❌ Poor liquidity
✅ Copy trading❌ Lacks advanced features
✅ Forex trading❌ High trading fees

 

Visit Uphold

 

How to Buy Crypto in Romania

If you are seeking a secure and reliable way to purchase crypto as a trader or investor in Romania, follow the guidelines below:

  1. Choose a Romania-supported crypto exchange from any of the exchanges in the top list above
  2. Sign up to the platform
  3. Verify your Identity to access the full features of the platform without restrictions.
  4. Deposit RON through any of the payment methods provided on the platform
  5. Select the “BUY CRYPTO” option on any of the platforms to purchase any crypto of your choice
  6. Make the payment, and then your crypto will be credited to your account
  7. You can choose to trade or transfer your crypto to a private wallet.

 

Final Words

As a crypto trader or investor in Romania, you should now be able to make a well-informed decision as regards the crypto exchange for your needs. MEXC is the best crypto exchange as it ticks all the essential boxes. With over 1600 supported cryptos, the lowest trading fees, and a beginner-friendly interface, MEXC is a top choice for traders of all kinds.

  • For low trading fees, MEXC and Bybit are the best options
  • For adequate security and safety of user assets, Kraken is the best option for users in Romania
  • For a beginner-friendly trading experience, eToro, Uphold, and MEXC are the best options
  • For advanced trading tools, Bybit is the best option for users in Romania
  • For copy trading, MEXC, Bybit, eToro, and Kraken are the best options
  • For high leverage, MEXc stands out as the best option as it offers leverage of up to 200x on derivatives and perpetual contracts
  • For a wide range of cryptocurrencies, MEXC is the best option for users in Romania as it provides over 1600 cryptos for trading

 

Frequently Asked Questions

Is Crypto Legal in Romania?

Yes, Crypto is legal in Romania. It is fully regulated by the Romanian Financial Supervisory Authority to ensure a safe environment for users.

Which Crypto Exchange is the Safest in Romania?

Kraken is the safest exchange for users in Romania, offering adequate security with two-factor authentication and SSL encryption to safeguard user assets. The platform also provides proof of reserves, which shows that the company funds back user assets.

Which Crypto Exchange is Best For Beginners in Romania?

eToro is the best crypto exchange for beginners in Romania as it offers a simple user interface that is easy to navigate for beginners and adequate educational materials to help users understand cryptocurrencies.

Which Crypto Exchange is The Best In Romania?

Overall, MEXC is the best crypto exchange for users in Romania as it offers the lowest trading fees, a wide range of supported cryptos, Adequate security, bot trading, Copy trading, and many more to ensure a smooth trading experience for traders and investors.

 

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