For those looking to explore cryptocurrency investing in Germany, choosing the right exchange is crucial. We’ll introduce you to the 5 best crypto exchanges in Germany. Learn about the top platforms and compare their fees, features, security, customer support options, and more.
Summary of 5 Best Crypto Exchanges in Germany
In Germany, experts advise opting for exchanges regulated by BaFin (Federal Financial Supervisory Authority) for purchasing and trading Bitcoin and other cryptocurrencies. By utilizing bank transfers, SEPA transactions, or credit cards to deposit euros, individuals can legally buy, stake, and trade digital assets.
For novices embarking on their crypto ventures in Germany, we’ve assessed the top 5 trading platforms prevalent in the region:
- Bitpanda – Best Overall Crypto Exchange in Germany
- Coinbase – Best for Learn and Earn
- Bitstamp – Best for Customer Support
- BISON – Best German-based Exchange for Security
- Bitcoin.de – Best German-based Exchange for Bitcoin
Here is a comparison table summarizing the key attributes of the top 5 crypto exchanges in Germany:
Exchange | Cryptocurrencies | Trading Fees | Deposit/Withdrawal | KYC |
Bitpanda | 200+ | 1.49% premium | Multiple options | Yes |
Coinbase | 200+ | Up to 3.99% | Multiple options | Yes |
Bitstamp | 70+ | 0.4% and lower | Bank transfer | Yes |
BISON | 10 | Via spread | SEPA transfer | Yes |
Bitcoin.de | Bitcoin-focused | 0.1-0.5% | SEPA transfer | Yes |
Bitpanda Overview
Rated as the premier crypto exchange in Germany, Bitpanda stands out for its beginner-friendly interface, wide selection of assets including stocks and ETFs in addition to 200+ cryptocurrencies, and its compliance with European regulations.
Best Features
- Supports 200+ cryptocurrencies and fiat like EUR, USD, CHF, GBP
- Beginner-friendly interface
- Complies with European laws, works with external auditors
- Offers crypto, stocks, ETFs and more
Why We Like It
We appreciate Bitpanda’s commitment to making investing accessible to beginners while maintaining a high standard of regulatory compliance and asset diversity. Its easy-to-use platform opens the door for new investors to confidently enter the market.
Key Metrics
- 4+ million users across Europe
- 200+ supported cryptocurrencies
- 1.49% premium on Bitcoin trades
- Minimum deposit of €25
- Maximum deposit of €10,000 per transaction
- Supports SEPA, credit card, Skrill, Neteller deposits
- Level 2 KYC required
Coinbase Overview
Coinbase is one of the most trusted global exchanges, known for its beginner-friendly features and unique ‘Learn and Earn’ program that rewards users with crypto for watching educational content.
Best Features
- Beginner-friendly interface
- Licensed by BaFin, complies with German regulations
- Learn and Earn program rewards learning with crypto
- Supports 200+ cryptocurrencies
Why We Like It
Coinbase’s Learn and Earn sets it apart, incentivizing users to educate themselves about crypto. Combined with its simple interface, this makes Coinbase an excellent starting point. However, its higher fees make it less ideal for frequent trading.
Key Metrics
- 3.99% fees for credit/debit card purchases
- 200+ supported cryptocurrencies
- Minimum deposit of €1
- Maximum deposit of €15,000 daily
- Supports SEPA transfer, credit card deposits
- Level 2 KYC required
Bitstamp Overview
Founded in 2011, Bitstamp is one of the oldest crypto exchanges. It offers users low fees, advanced trading features, staking rewards, and strong customer support via phone.
Best Features
- Fees as low as 0.4% that decrease with volume
- Supports limit orders and stop orders
- Offers staking rewards on ETH and ALGO
- Phone-based customer support
Why We Like It
Bitstamp’s combination of low fees, advanced features, staking rewards and accessible customer support make it a strong contender for more experienced investors or those seeking to earn passive income on their held crypto.
Key Metrics
- 0.4% and lower trading fees
- 70+ supported cryptocurrencies
- No minimum deposit
- Maximum deposit of €100,000 daily
- Supports SEPA and bank wire transfers
- Level 2 KYC required
BISON Overview
BISON is a German crypto exchange backed by Börse Stuttgart, the traditional stock exchange. It focuses on making crypto accessible while prioritizing fund security.
Best Features
- Highly secure; 100% of crypto held in cold storage with crime insurance
- Earns via spreads rather than fees
- Supports price alerts, limit orders, and charting tools
- Backed by Börse Stuttgart
Why We Like It
BISON’s unmatched security measures, including full cold storage and crime insurance, provide invaluable peace of mind. Its spread-based model can also save frequent traders on fees.
Key Metrics
- Supports 10 cryptocurrencies
- No minimum deposit
- Maximum deposit of €500,000 daily
- Supports SEPA transfers
- Basic KYC required
Bitcoin.de Overview
Bitcoin.de is a German exchange focused primarily on Bitcoin trading. With its highly secure cold storage and low fees, it’s a strong choice for Bitcoin enthusiasts.
Best Features
- 98% of funds held in cold storage
- 0.1-0.5% trading fees
- Quality customer support via online booking
- 1 million+ European customers
Why We Like It
For investors primarily interested in Bitcoin, Bitcoin.de offers a secure, low-fee way to trade. Its cold storage practices and customer support are also points in its favor.
Key Metrics
- 0.1-0.5% trading fees
- Focused on Bitcoin, with a limited altcoin selection
- Minimum deposit of €1
- Maximum deposit of €500,000 monthly
- Supports SEPA transfers
- Basic KYC required
Read more:
How to Purchase Cryptocurrencies in Germany
For beginners aiming to invest in digital currencies within Germany, adhere to this detailed, step-by-step guide for lawful and secure transactions:
- Select a reliable exchange: Choose a platform that is approved by Germany’s regulatory authorities, as highlighted in our guide. We recommend Bitpanda as the best overall choice.
- Registration: Use your email for registration, establish a strong password, and complete any necessary KYC (Know Your Customer) procedures.
- Deposit Euros: Fund your account using bank transfers, SEPA transactions, credit/debit cards, or digital wallets.
- Buy Crypto: Select the desired cryptocurrency and quantity, then confirm the purchase.
- Secure Your Assets: Transfer your digital currencies to a secure crypto wallet to enhance security.
Legality and Regulation of Crypto Investing in Germany
Germany has a progressive stance on cryptocurrencies. The German Federal Financial Supervisory Authority (BaFin) categorizes cryptocurrencies as financial instruments, granting crypto exchanges and related businesses legal status once they obtain a BaFin license.
Is Crypto Legal in Germany?
Yes, cryptocurrency is legal in Germany. The country recognizes Bitcoin and other digital currencies as ‘units of account’, allowing their use for payments and investments.
How is Crypto Taxed in Germany?
Germany views cryptocurrency as private money, not legal tender. If you hold your crypto for over a year, you pay no taxes on gains. For holdings under a year, gains under €600 are tax-exempt. Over that, gains are taxed as income.
Conclusion
Investing in cryptocurrency in Germany is a legitimate and increasingly popular option. By selecting a reputable, BaFin-regulated exchange like Bitpanda, and following the proper steps for registration, funding, trading and securing your assets, you can safely participate in the crypto market.
Remember, while the crypto space offers exciting opportunities, it’s crucial to thoroughly research your investments, understand the technology behind them, and never risk more than you can afford to lose. We hope this guide to the best crypto exchanges in Germany helps set you on the path to informed, responsible investing.
FAQs
Can I buy cryptocurrency with PayPal in Germany?
Some exchanges like eToro allow PayPal deposits, but most stick to bank transfers and credit/debit cards.
Are crypto gains taxable in Germany?
Gains on crypto held for under a year are taxed as income if they exceed €600. For holdings over a year, gains are tax-free.
What’s the best German Bitcoin exchange?
We recommend Bitcoin.de for its low fees, cold storage, and BaFin regulation.
Can I stake my crypto on German exchanges?
Some exchanges like Bitstamp and Bitpanda offer staking rewards on select cryptocurrencies.