Learn about the leading platforms and compare their fees, features, security, customer support, and more.
Summary of the 5 Best Crypto Exchanges in Estonia
In Estonia, experts recommend using exchanges regulated by the Financial Intelligence Unit (FIU) for buying and trading Bitcoin and cryptocurrencies legally. By depositing euros via bank transfers, credit cards, or other methods, individuals can securely invest in digital assets.
For beginners starting their crypto journey in Estonia, we have assessed the top platforms:
- eToro – Best Overall Crypto Exchange in Estonia
- Uphold – Best for Beginners & Transparency
- Kraken – Ideal for Institutional Investors
- Bybit – Top Choice for Derivatives Trading
- OKX – Excellent for Web3 Capabilities
eToro Overview
Rated as Estonia’s premier crypto platform, eToro offers over 3,000 assets. It stands out for compliance with tier-1 regulators, user-friendly euro deposits, and competitive fees averaging 1%:
- Licenses: FCA, CySEC, ASIC
- Assets: 3,000+ cryptos, stocks, commodities etc.
- Deposits: Bank transfer, debit/credit card, SEPA
- Trading fees: Average 1% spread
We appreciate eToro for its security, asset selection, and easy euro funding options.
Uphold Overview
As a transparency-focused exchange, Uphold provides an audited proof-of-reserves feature displaying how customer funds are protected through 1:1 backing of all assets.
- Supported assets: 250+ cryptos and 27 fiat currencies
- Regulation: Complies with EU regulations
- Deposits: Bank transfer, card, Apple Pay, Google Pay
- Fees: 1% trading fee and spread
Uphold stands out for its unparalleled transparency through proof-of-reserves and broad asset selection.
Kraken Overview
In operation since 2011, Kraken offers over 250 crypto markets, competitive fees starting from 0.16%, and excellent institutional tools through Kraken Pro:
- Assets: 250+ cryptocurrencies + margin trading
- Fees: From 0.16% maker and 0.26% taker fee
- Regulation: Compliant with Estonian regulations
- Funding: Bank transfer, debit/credit card, SEPA
Kraken caters well to both retail and institutional crypto traders in Estonia.
Bybit Overview
Bybit focuses on crypto derivatives, offering 770+ assets in spot and 200+ contract choices. It emphasizes security, a wide product range, and unique trading opportunities.
- Assets: 770+ cryptocurrencies
- Fees: 0.01% maker, 0.06% taker. Zero deposit/withdrawal fees.
- Regulation: Regulated and audited in 180+ countries including Estonia
- Funding: Bank transfer, card, SEPA
Bybit stands out for its solid derivatives liquidity, security, and diverse product lineup.
OKX Overview
OKX offers 300+ crypto assets, derivatives trading, and seamless integration with DeFi through its OKX Wallet. It excels in features tailored for Web3 users:
- Assets: 300+ cryptocurrencies + leveraged options
- Fees: 0% maker, 0.2% taker. 0.1% for instant trading.
- Regulation: Compliant with Estonian regulations
- Funding: Bank transfer, card
OKX focuses on security with staking services meeting Estonia’s strict financial regulations. It offers a versatile platform bridging centralized and decentralized spheres.
Conclusion
By opting for FIU-approved exchanges like eToro, Uphold, Kraken, Bybit and OKX, Estonian users can invest in crypto safely and legally. These platforms offer secure euro funding methods along with strong security and a diverse asset selection, catering to both new and professional crypto traders.
FAQs
Which crypto currency exchange in Estonia?
Based on our research, the top crypto currency exchange in Estonia is eToro. It offers over 3,000 financial assets, complies with tier-1 regulations, and provides easy Euro deposit methods.
What is the best site to buy Bitcoin in Estonia?
The best platform for buying Bitcoin easily in Estonia is Uphold. It supports over 250 cryptos, offers 1:1 asset backing through proof-of-reserves, and accepts convenient payment methods like bank transfer, card, Apple Pay and Google Pay.
Is crypto legal in Estonia?
Yes, cryptocurrency investing is completely legal in Estonia. The country has clear regulations overseen by the Financial Intelligence Unit (FIU) to ensure crypto exchanges follow strict Anti-Money Laundering and Know Your Customer guidelines.
Which bank is crypto friendly in Estonia?
Some notable crypto-friendly banks in Estonia include LHV Bank, SEB Bank, and Swedbank. These banks allow transactions involving regulated cryptocurrency exchanges and related fintech companies operating legally in the country. They facilitate secure Euro deposits and withdrawals.
