Ireland has seen a surge in cryptocurrency adoption in recent years. With crypto going mainstream, more Irish investors are looking to buy and trade digital assets like Bitcoin, Ethereum, and other altcoins.
Summary of 5 Best Crypto Exchanges in Ireland
When choosing a crypto exchange in Ireland, it’s crucial to select platforms that are regulated and compliant with the nation’s financial authorities. This ensures investor protection and legal standing when depositing euros (EUR) and withdrawing funds.
After extensive research, we’ve compiled a list of the best crypto exchanges in Ireland available to users:
- eToro – Best Overall Exchange in Ireland
- Uphold – Top Alternative Platform
- Bybit – Ideal for Derivatives Trading
- Binance – Largest Selection of Cryptos
- Bitpanda – Best for Beginners in Ireland
1. eToro – Best Overall Crypto Exchange in Ireland
eToro tops our list as the best overall crypto trading platform in Ireland. Headquartered in Israel, eToro serves over 27 million users globally and is regulated in Ireland by the Central Bank.
Some key highlights:
- Supports trading of 92 cryptocurrencies, including Bitcoin, Ethereum, Cardano, Solana, and more.
- Offers stocks, commodities, ETFs, indices, and forex as well with 0% commission.
- Provides unique features like copy trading and portfolio management tools.
- Allows instant EUR deposits via debit/credit card, bank transfer, and e-wallets.
- Charges low crypto trading fees starting from just 0.75%.
With an easy-to-use interface, copy trading, and multiple asset classes, eToro is ideal for beginners and advanced Irish traders alike.’
Key Metrics:
- Global rank: #1,403
- 35.6 million total visits per month
- 52.29% bounce rate
- 5.02 pages per visit
- $500 million to $1 billion annual revenue
- 92 supported cryptocurrencies
- 0.75% minimum crypto trading fee
- Licensed and regulated in EU
- 68.36% male visitors
- 25-34 most common age group
2. Uphold – Top Alternative Platform
Uphold is also leading crypto exchange headquartered in the United States and licensed by the UK’s Financial Conduct Authority (FCA). With over 260 supported cryptocurrencies, Uphold provides a secure platform for Irish investors to buy, sell, and trade digital assets.
Some key advantages of using Uphold include:
- Uphold publishes real-time data proving 100% reserves backing all customer funds.
- Uphold offers fee-free trading between cryptocurrencies and national currencies.
- The platform is intuitive with a clear interface allowing seamless deposits, trading, and withdrawals for beginners.
- Uphold maintains deep liquidity across trading pairs, ensuring quick execution and minimal slippage.
We rank Uphold as one of the best exchanges for Irish crypto investors because of its focus on transparency, security, and regulatory compliance. The reserve audits and UK FCA licensure provides peace of mind to users.
Key Metrics:
- Global rank: #1,403
- 35.6 million total visits per month
- 52.29% bounce rate
- 5.02 pages per visit
- $500 million to $1 billion annual revenue
- 92 supported cryptocurrencies
- 0.75% minimum crypto trading fee
- Licensed and regulated in EU
- 68.36% male visitors
- 25-34 most common age group
3. Bybit – Ideal for Derivatives Trading
Bybit stands out as the third best cryptocurrency exchange in Ireland, offering an expansive selection of over 770 digital assets for spot, futures, and perpetual contracts trading.
Some key advantages of using Bybit include:
- Access to 400+ coins, including top cryptos like BTC, ETH and SOL
- Up to 100x leverage and competitive pricing for derivatives
- Advanced trading platform with technical indicators and analytics
- Ultra-fast trade execution speeds and reliability
- Secure cold wallet storage and comprehensive security protocols
We recommend Bybit for Irish crypto traders seeking a powerful platform to trade futures contracts and margins.
Key Metrics:
- Global rank: #2,333
- 19.8 million total visits per month
- 36.77% bounce rate
- 8.3 pages per visit
- $25 million to $50 million annual revenue
- 400+ cryptocurrencies
- 0.075% taker fee
- Unregulated globally
- 70.53% male visitors
- 25-34 most common age group
4. Binance – Largest Selection of Cryptos
As the world’s largest crypto exchange by trading volume, Binance is a top choice for advanced Irish traders. While not based in Ireland, it accepts EUR deposits and withdrawals.
Some key aspects:
- Provides access to over 350 cryptocurrencies and 2800+ trading pairs.
- Offers options like margin trading up to 5x leverage for select coins.
- Provides deep liquidity across major trading pairs like BTC/EUR.
- Supports EUR deposits through SEPA, bank transfer, and debit/credit cards.
- Charges 0.1% as a standard trading fee.
With unparalleled variety in crypto assets and liquidity, Binance appeals to active Irish traders focused on altcoins.
Key Metrics:
- 150 million users worldwide
- $20 billion revenue in 2021
- 900+ employees
- 500+ cryptocurrencies listed
- $76 billion peak daily trading volume in 2021
- 0.1% spot trading fee
- Unregulated globally but registered with FinCEN
- 90%+ male users
5. Bitpanda – Best for Beginners in Ireland
Founded in Austria, Bitpanda holds an asset management license from the Central Bank of Ireland. It’s a great pick for beginners.
Some advantages of using Bitpanda:
- Provides a simple and user-friendly interface.
- Allows buying crypto with credit/debit cards, bank transfer, etc.
- Offers free Euro deposits and low 1% trading fees.
- Provides access to key cryptos like BTC, ETH, XRP, ADA, etc.
- Supports additional assets like stocks, ETFs, metals, and more.
With reasonable fees, a streamlined platform, and multiple payment options, Bitpanda makes crypto investing easy for novices.
Key Metrics:
- Global rank: #18,658
- 3.4 million total visits per month
- 44.98% bounce rate
- 4.39 pages per visit
- $500 million to $1 billion annual revenue
- 200+ supported cryptocurrencies
- 1% crypto trading fee
- Licensed by Austria’s FMA
- 72.58% male visitors
- 25-34 most common age group
How to Buy Crypto in Ireland
Here is a simple step-by-step guide to buying crypto securely in Ireland:
- Register on a regulated Irish crypto exchange after comparing offerings.
- Verify your account by submitting KYC documents.
- Deposit EUR via bank transfer, e-wallet, or debit/credit card.
- Buy crypto like BTC, ETH, ADA by exchanging EUR for coins.
- Withdraw crypto to an external wallet for optimal security.
By following these steps and using a licensed Irish platform, you can buy, sell, and trade cryptocurrency safely.
Is Crypto Legal in Ireland?
Yes, cryptocurrencies are completely legal to buy, sell, and trade in Ireland. The nation has adopted a progressive stance aimed at encouraging blockchain innovation.
Some key points:
- Bitcoin and other cryptos qualify as unregulated digital assets per the Central Bank of Ireland.
- Crypto exchanges and service providers need licensing to operate in the Irish market.
- Gains from crypto trading and investments are subject to Capital Gains Tax in Ireland.
- Ireland has implemented the 5th Anti Money Laundering Directive standards for crypto.
- Cryptocurrencies are recognized as assets and private money under EU regulations.
By using regulated Irish platforms, crypto investors can confidently operate in a legal and compliant environment.
Conclusion
To summarize, eToro is the best overall crypto exchange in Ireland based on its competitive fees, copy trading, and support for multiple asset classes.
Other recommended options are Uphold, Binance, Bybit, and Bitpanda, which excel in aspects like security, altcoin variety, beginner tools, and enhanced liquidity, respectively.
Crypto adoption is accelerating in Ireland, and lucrative opportunities await savvy investors. However, it’s vital to exercise caution and utilize regulated platforms to avoid legal troubles when buying and trading Bitcoin and other digital assets.
FAQQs
How do I deposit euros to buy crypto in Ireland?
Regulated Irish platforms allow fast euro deposits through SEPA transfers, debit/credit cards, bank transfers, and various e-wallets.
What fees do crypto exchanges charge in Ireland?
Fees vary but are generally around 0.5% to 1% for trading and free to low-cost for deposits and withdrawals.
Can I trade crypto derivatives in Ireland?
Yes, global derivatives exchanges like Bybit allow Irish users to trade futures, options, margin trading, and other sophisticated products.
Are crypto profits taxed in Ireland?
Yes, cryptocurrency profits are subject to Capital Gains Tax in Ireland, similar to other investment assets.
