Welcome to my guide on the top 10 best European crypto exchanges for 2024 according to my experience. I've tried all of them ^^ (many accounts, I know :D)! As the cryptocurrency market continues to grow and evolve, finding a reliable and secure exchange becomes crucial for every crypto investor or even for people trying new opportunities to generate wealth towards financial freedom.
Whether you're an experienced trader or a beginner looking to explore the world of cryptocurrencies, I have summarized a detailed list of all the exchanges. I have an account for each of these exchanges and I have tried all of them. For most of them there’s even a referral program so if you want to create an account using the links I provide, we would both get a reward.
Let's explore the best crypto exchanges in Europe in 2024 and find the perfect fit for your trading and investing needs!
Guide summary
Top 10 best crypto exchanges in Europe 2024 at a glance
1. Binance: Best overall for lowest fees crypto exchange and high variety of crypto coins.
2. OKX: Best for active traders high liquidity while keeping low fees.
3. Crypto.com: Best for low fees while having a card with cashback.
4. YouHodler: best plaform for holding crypto with high staking rewards.
5. Coinbase: Best for beginners.
6. Kucoin: Quite a new exchange that also offers many reward programs and a card.
7. Kraken: Best for staking rewards and relatively low fees.
8. Nexo: Best for having a reward card and a very good staking program while being able to exchange at higher fees.
9. Gate.io: Best for the highest number of cryptocurrencies accepted for trading (in case you want to acquire especial ones). Very low fees.
10. Bitstamp: is supposed to be the safest crypto exchange.
| Supported Crypto | Fee | Regulated in EU | Deposit methods | Rewards |
1. Binance
(ref link)
| 350+ | 0.009-0.1% maker, 0.018-0.1% taker | Yes | - SEPA (bank transfer) 0.5€ - visa / mastercard (2% fee) | - Staking - Cloud mining - Airdrops - Earn products- Nice customer support |
2. OKX
(ref link)
| 300+ | 0-0.14% maker, 0.03-0.23% taker | Not yet | - SEPA free - visa / mastercard (1% fee) | - Up to 9% cashback on everything (staking 8k€)- Up to 12 perks monthly |
3. Crypto (ref link) | 250+ | 0.075% maker, 0.075% taker | Yes | - SEPA free - visa / mastercard (1% fee) | - Staking rewards - Crypto card rewards
|
4. YouHodler
(ref link)
| 100+ | 1%(higher fees) | Yes | - SEPA free - visa / mastercard (1% fee applied) | - 12% APY on stablecoins. High rewards on staking
|
200+ | 0.4% maker, 0.6% taker(High fees) | Yes | - SEPA free - visa / mastercard (3.99% fee applied) | Lower staking rewards | |
6. Kucoin
(ref link)
| 200+ | 0.01-0.1% maker, 0.07-0.1% taker | No | - SEPA free- visa / mastercard 1% | - Nice earning / staking programs (up to 10%)- other rewards such as referrals |
240+ | Maker 0.25%, taker 0.4% (high) | Yes | - SEPA free- visa / mastercard 1% | - ok earning program | |
8. Nexo
(ref link)
| 60+ | 1% (higher fees) | Yes | - SEPA free and fast- visa / mastercard 1% | - A nice staking program (up to 16%)- Nice card with rewards |
1400+ | 0.025% maker, 0.075% taker | Yes | - SEPA free- visa / mastercard 1% | - ok earning program- gate card available | |
80+ | 0.3% maker, 0.4% taker | Yes | - SEPA free- visa / mastercard 1% | - Less reward programs- less customer support |
How to Choose the Right Crypto Exchange for You
Choosing a crypto exchange is an important decision for anyone navigating the world of cryptocurrencies. To help you make an informed choice, let’s explore the key factors you should consider when selecting a crypto exchange:
Supported Cryptos
Before selecting a crypto exchange, take a close look at which cryptocurrencies it supports. Some exchanges focus on major coins like Bitcoin (BTC) or Ethereum (ETH) while others offer a broader range of altcoins. Consider your investment portfolio and choose an exchange that aligns with your preferred crypto assets. Having a higher variety of assets helps you protect from the high volatility of some digital currencies.
Fees and Rates
Understanding the fees associated with trading and converting cryptocurrency is essential. Look for exchanges that offer competitive trading fees and minimal conversion costs. Frequent users should pay attention to maintenance fees, annual charges, and any hidden costs.
Trading Products
Some people might be interested in classical spot trading, buying and selling crypto with the percentages of taker and maker as mentioned in the table. Others might use futures trading, which involves agreeing to buy or sell an asset at a predetermined price at a specified time in the future. Additionally, some might want to use strategies of top traders through copy trading, where you can mirror the trades of successful investors.
Spending Limits and Withdrawal Fees
Be aware of the spending limits and withdrawal fees imposed by the exchange. These can impact your trading experience and profitability, especially if you are a high-volume trader.
Rewards and Cashback
Many crypto exchanges offer enticing rewards. Examples include staking features, cloud mining, referral programs, and cashback offers. These incentives can significantly enhance your overall trading experience.
Security Features
Protecting your funds is vital in the world of cryptocurrencies. Look for exchanges with robust security features including:
Two-Factor Authentication (2FA): An extra layer of security to prevent unauthorized access.
Cold Storage: Keeping the majority of funds offline to prevent hacking.
Regular Security Audits: Ensuring the platform remains secure against vulnerabilities.
Regulatory Compliance
Ensure that the exchange complies with local regulations. Some exchanges may be restricted in certain regions due to legal requirements. Verify that the exchange adheres to relevant laws and regulations in your country.
Customer Support
Fast and reliable customer support is essential. Check if the exchange provides efficient assistance through various channels (email, chat, or phone). Good customer service ensures a smoother experience during any issues or inquiries.
Availability in Your Region
Not all crypto exchanges are available worldwide. Confirm that the exchange operates in your region or country. Some exchanges may have limited availability due to licensing or other factors.
User Reviews and Reputation
Research user reviews and feedback about the exchange. Learn from others’ experiences to gauge reliability, ease of use, and overall satisfaction. A positive reputation is a strong indicator of a trustworthy exchange.
Integration with Existing Wallets
Consider how well the exchange integrates with your existing crypto wallets. Easy connectivity simplifies managing your funds and ensures a comfortable experience. Check whether the exchange supports SEPA deposits and withdrawals, which are free of charge and take no more than two days.
Remember, choosing the right crypto exchange is about aligning features with your personal preferences and financial goals. Take your time, compare options, and find the exchange that suits your needs. Happy trading!
What’s the best Crypto Exchange in Europe in 2024?
In summary, the best crypto exchange in Europe for 2024 is, in my opinion, Binance. It offers super competitive trading prices, very low fees, and numerous opportunities for both exchanging and earning rewards. However, I've listed here other alternatives, which depending on your use for the exchange might be even more suitable to you. These are not only the best crypto exchanges in Europe but also the best crypto exchanges in Germany in my opinion, since I've been testing them in this country.
Thank you for visiting our BYO Banking! I hope this guide helps you find the best crypto exchange to meet your needs. I encourage you to leave comments with your thoughts or any questions you might have. For more personalized advice, feel free to contact me privately. Happy trading, and may your investments thrive!
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