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Best Crypto Exchanges in Spain 2024: Best Options

Publisher

January 28, 2024
Best crypto exchanges in spain

Cryptocurrency trading has experienced a massive increase in Spain over the past few years. With clearly defined regulations and a crypto-friendly atmosphere, Spain is one of the top destinations for crypto-investors in Europe.

However, with the multitude of choices, picking the best crypto exchange for Spain isn’t easy. In this guide, we will go over the key factors to look for and review the top crypto trading platforms available to users in Spain.

When selecting a crypto exchange in Spain, the most important factors are:

  • Being properly licensed and regulated in Spain
  • Offering a good selection of cryptocurrencies
  • Having competitive fees
  • Providing convenient Euro deposit/withdrawal methods
  • Strong security measures and insurance policies

 

We have analyzed over 100 different cryptocurrency exchanges and narrowed it down to the top 5 platforms that check all the boxes for Spanish crypto traders and investors.

 

Top Cryptocurrency Exchanges in Spain Reviewed

After extensive research, we have selected the following crypto trading platforms as the best options for users in Spain:

  1. Bitget– Best Overall Crypto Exchanges in Spain
  2. Binance – Largest Crypto Exchange Worldwide
  3. Coinbase – Most Popular Beginner Exchange in Spain
  4. KuCoin – Wide Variety of Altcoins
  5. Bitpanda – 5th Best Crypto Exchange in Spain

 

These platforms are regulated, offer excellent crypto products for both new and experienced traders, have competitive fees, and make depositing/withdrawing Euros simple.

Let’s take a closer look at each of these top 5 cryptocurrency exchanges available to users in Spain.

 

1. Bitget – Best Overall Crypto Exchange in Spain

Bitget is our choice for the best overall cryptocurrency exchange available to users in Spain. The platform was founded in 2018 and has quickly grown to serve over 2 million users worldwide.

Bitget charges just 0.10% for spot trading and 0.02% for futures trading. This makes it very affordable for active traders.Bitget supports over 500 different cryptocurrencies, giving you tons of coins to choose from.

Some coins can be traded directly against the Euro for convenience.Bitget offers a peer-to-peer trading platform where you can buy and sell crypto using Spanish bank transfers.

For advanced traders, Bitget provides futures, options and margin trading. Leverage up to 100x is available.Bitget lets you earn interest on your coins through staking and lending programs.

The platform stores assets offline in cold storage wallets. Two-factor authentication helps secure accounts.

Overall, Bitget excels in offering low-fee trading on a huge variety of digital assets. The P2P platform makes it simple to deposit Euros and get started. Advanced traders will appreciate the derivatives products and margin trading options too.

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

 

Supported Cryptos: Over 500+ cryptocurrencies

Futures Contracts: 250+ 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: Euro € deposits and withdrawals via Bank Transfer

Licensed & Regulated: Regulated by FSA, CySEC, and FinCEN with MSB license.

 

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. Binance – Largest Exchange in Spain

Binance is the largest cryptocurrency exchange in the world. With its huge selection of altcoins and low fees, it earns our vote as the best altcoin exchange available to Spanish traders.

Some key features include:

Binance has the biggest selection of alternative cryptos anywhere.Trading fees start at just 0.10%, or even less if you use BNB.

As the world’s biggest exchange, liquidity is excellent.You can buy and sell crypto using Euro bank transfers via their P2P platform.

Users can earn yields on supported coins by staking them on Binance. You can also lend your holdings to earn interest through Binance’s lending platforms.

With so many digital assets to choose from, Binance is undoubtedly the top exchange for altcoin traders. The P2P platform provides an easy way to fund your account using Euro through SEPA bank transfer and Card Payments . Overall, Binance combines low fees with unbeatable altcoin access.

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

 

Supported Cryptos: Over 500+ cryptocurrencies

Futures Contracts: 200+ Futures contracts

Max. Leverage: 125x

Spot Trading Fees: 0.1% maker / 0.1% taker

Futures Trading Fees: 0.02% maker / 0.04% taker

Deposits & Withdrawals: Euro € deposits and withdrawals via Bank Transfer

Licensed & Regulated: Regulated by FCA, Abu Dhabi GFSC, Thailand SEC.

 

Binance Pros & Cons

👍 Binance Pros👎 Binance Cons
✅ Most comprehensive crypto platform❌ Not very user-friendly
✅ Low spot and futures trading fees❌ Slow during high volatility phases
✅ 24/7 live chat support❌ Regulatory issues in some EU countries
✅ Best passive income products❌ Not available in US
✅ Cheap Euro deposits

 

Visit Binance!

 

3. Coinbase – Best for Beginners in Spain

Coinbase is one of the most popular cryptocurrency exchanges thanks to its beginner-friendly experience. For new crypto traders in Spain, Coinbase provides an easy on-ramp to the world of digital currencies.

Some advantages of Coinbase include:

Coinbase is designed with simplicity in mind. Even total beginners can easily navigate the platform.Their Coinbase Learn portal provides guides and videos to teach beginners about crypto.

Manage your account on the go with Coinbase’s iOS and Android mobile apps.Coinbase provides secure offline storage options for your holdings.

Instantly spend your crypto balances using Coinbase’s debit card.Coinbase has a weekly radio show in Spanish to educate the local community.

While trading fees are on the higher side, Coinbase more than makes up for it with the best user experience tailored for crypto beginners.

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

Supported Cryptos: Over 100+ cryptocurrencies

Futures Contracts: None

Max. Leverage: 5X

Spot Trading Fees: 0.5% maker / 0.5% taker

Futures Trading Fees: 0.05% maker / 0.06% taker

Deposits & Withdrawals: Euro € deposits and withdrawals via Bank Transfer

Licensed & Regulated: Regulated by SEC, FinCEN, NYDFS.

 

Coinbase Pros & Cons

👍 Coinbase Pros👎 Coinbase Cons
✅ Great fiat support❌ Very high fees
✅ Regulated in Europe❌ Poor liquidity
✅ NFT trading❌ No futures trading
✅ Very beginner friendly❌ Lacks passive income products

 

Visit Coinbase!

 

4. KuCoin – Best for Altcoin Traders in Spain

KuCoin is a fast-growing exchange that provides access to hundreds of altcoins for Spanish traders. With low fees and a straightforward interface, it’s a great option for altcoin trading.

Some of Kucoins key advantages include:

KuCoin has a huge selection of small-cap coins and DeFi tokens.Trading fees start at just 0.10%, lower than most competitors.Good for beginners thanks to the simple interface.

Buy and sell BTC using Euro directly on their P2P platform.Earn yields on your coins by staking or lending through KuCoin.

For altcoin traders seeking smaller cap gems, KuCoin is a top choice. Their selection of DeFi and staking tokens stands out in particular. With low fees and P2P Euro access, KuCoin delivers solid value.

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

 

Supported Cryptos: Over 200+ cryptocurrencies

Futures Contracts: 100+ 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: Euro € deposits and withdrawals via Bank Transfer

Licensed & Regulated: Regulated by Seychelles FSA.

 

Kucoin Pros & Cons

👍 Kucoin Pros👎 Kucoin Cons
✅ 100x Leverage❌ No Security Fund
✅ 700 Cryptos Supported❌ Lacks Advanced Features
✅ Cheap Euro deposits❌ Not available in the United States
✅ Best Bot Trading

 

Visit KuCoin!

 

5. Bitpanda – Best for Convenience in Spain

Bitpanda, formerly known as Bitpanda Pro, is a popular European exchange with a focus on convenience and ease of use. For Spanish users looking for a straightforward and hassle-free experience, Bitpanda is a great choice.

Some of the advantages include:

Get verified and start trading in just minutes with Bitpanda’s streamlined process.Deposit Euros easily via credit card, bank transfer, Skrill, Neteller or more.

Quickly swap between thousands of crypto and fiat trading pairs.You can also trade stocks and ETFs alongside cryptocurrencies.The platform provides access to precious metals like gold and silver as well.

With their focus on fast verification, plentiful payment methods and integrated trading services, Bitpanda provides a convenient all-in-one platform for Spanish investors.

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

 

Spot Fees: 1.49% (buying), 1.29% (selling) for simple trading.

Futures Fees: 1.49% (buying), 1.29% (selling) for simple trading.

Supported Cryptos: 200+

Futures Contracts: N/A

DKK Payments: Debit cards, credit cards, and bank transfers.

Licensed & Regulated: Regulated by  BaFin, FSA, CySEC

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!

 

Is Cryptocurrency Trading Legal in Spain?

Yes, cryptocurrency trading is completely legal and regulated in Spain. The Spanish government has adopted crypto-friendly laws and recognizes Bitcoin and other cryptocurrencies as legal financial assets.

Cryptocurrency exchanges operating in Spain must register with the National Securities Market Commission (CNMV) and comply with standard Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.

Spanish users can legally buy, sell, and trade major cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc. Gains from crypto trading must be reported as capital gains for tax purposes. We recommend consulting a financial advisor for guidance on staying compliant with Spanish crypto regulations and taxes.

The crypto exchanges we have recommended in this guide are fully licensed and regulated to operate in Spain.

 

How to Buy Bitcoin and Cryptocurrencies in Spain

Purchasing your first Bitcoin or other cryptocurrencies on a Spanish crypto exchange is easy to do. Just follow these steps:

Step 1: Register for an account on a licensed crypto exchange in Spain that supports Euro payments, such as cryptowinrate or Coinbase.

Step 2: Complete identity verification to comply with KYC regulations in Spain. This requires providing your ID and proof of address.

Step 3: Fund your account by depositing Euros via SEPA bank transfer or debit/credit card payment.

Step 4: Use your Euro balance to buy your desired cryptocurrency. For example BTC, ETH, XRP, etc.

Step 5: Withdraw to an external crypto wallet. For optimal security, withdraw your coins from the exchange to your own wallet after purchasing.

By following these simple steps, you can securely buy Bitcoin and other cryptocurrencies from a locally licensed exchange using Euros.

 

Final Thoughts

Cryptocurrency adoption in Spain continues to grow thanks to pro-crypto regulations and EU standards that provide investor protections. By using a licensed platform like Bitpanda or Coinbase, Spanish users can easily begin buying and trading Bitcoin, Ethereum, and hundreds of other coins.

After reviewing over 100 different crypto exchanges available in Spain, we recommend Bitpanda as the best option for most crypto investors. The platform makes buying your first coins easy with an intuitive interface while also providing more advanced trading features.

Other excellent choices include Coinbase for beginners, Binance for experienced traders using advanced tools, Bitfinex for customizable trading interfaces, and Kucoin for accessing a huge variety of altcoins.

No matter what exchange you choose, be sure to withdraw your coins to your own secure crypto wallet for optimal safety once you have purchased them.

Happy trading! Buying your first Bitcoin in Spain is just a few clicks away.

 

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