With this bitcoin exchange and broker comparison, we want to help you find the best crypto brokers in Europe. That is why we have carried out decisive research on some notable brokers or stock exchanges we recommend and prepared the most important selection criteria for you.
Before you decide on a provider, however, ask yourself what you want from your favorites and what functions and services they need to have to meet your individual needs.
Which are the best crypto brokers and exchanges in Europe?
The question of the best provider for cryptocurrencies is very difficult to answer and depends heavily on your individual needs. How many cryptocurrencies do you want to trade? How often do you want to trade? Which payment method would you like to use and are you interested in stocks, ETFs, or other asset classes like Bitcoin, Ethereum, Ripple & Co.? Based on these questions, we have defined comparison criteria to help evaluate brokers and exchanges.
Crypto broker comparison criteria
We analyzed and could pick these crypto brokers based on the following standards:
- ease of use
- payment methods
- product offering
These providers are great crypto exchange platforms
Binance has conquered the crypto market in the last four years and is considered by many investors to be the best Bitcoin and crypto exchange. The platform is now the largest crypto exchange by trading volume.
The success is probably mainly because of the enormous range of services offered by the platform, which, besides the actual trading on-the-spot market, also allows trading in derivatives. Binance also supported crypto-specific products such as staking or lending.
2: Anycoin Direct
Anycoin Direct is a fantastic platform for buying Bitcoin. The platform makes the
It has all you can imagine in a crypto platform; security, low fees, customer support, etc.
Coinbase was founded in 2012 as a US company and is, therefore, one of the oldest, largest, and most renowned crypto exchanges in our comparison.
From our perspective, the clear user interface, the number of tradable cryptocurrencies, and the many deposit options are positive.
Kraken is one of the best Bitcoin exchanges. The trading place scores above all with the low-cost structure, the large number of tradable cryptocurrencies, and the high reputation.
Kraken was founded in 2011 and has been in operation since 2013. This makes the crypto exchange one of the oldest platforms for trading cryptocurrencies.
From our point of view, there are two major criticisms: on the one hand, the platform is only available in English and the deposit methods in fiat currencies are limited to bank transfers.
eToro is one of the largest trading platforms for newcomers to the crypto world.
What is special about eToro is that you can buy physical cryptocurrencies and crypto CFDs here. For example, if you buy bitcoin on the platform without leverage, then you acquire “real” bitcoins. But if you buy Bitcoin with leverage, you buy contracts for difference.
Although the fees for spreads at eToro are sometimes higher than on other exchanges, buying cryptocurrencies is made very easy and intuitive. EToro offers many deposit options, such as PayPal.
But not only is the operation simple with Bitvavo. In the test, Bitvavo could convince us above all, with the extensive range of tradable cryptocurrencies and the professional trading environment.
Bitvavo is also one of the leading providers of costs. The trading fees amount to a maximum of 0.25% of the amount to be invested. The crypto exchange performs somewhat weaker than the other services. If you are interested in staking, choose another platform. There are currently no other services for crypto investors. You can find out more about Bitvavo in our detailed Bitvavo review.
What you should pay attention to when comparing brokers and stock exchanges
Ease of use
Some brokers give the impression of being from the last century. Of course, design and handling are always a matter of taste, but the intuitive operation is extremely important, especially for beginners.
Depending on how often you want to trade, the trading fees should play an important or a minor role for you. If you want to trade frequently, pay attention to low fees. If you want to trade rarely, you can neglect the fees.
Some brokers support many, others only a few payment methods. Before making your decision, be sure to find out whether your preferred payment method (e.g. credit card, PayPal, bank transfer) is offered.
Depending on your level of knowledge in trading and your previous experience in dealing with brokers, comprehensive support may be an important selection criterion for you. You should make sure that the language you prefer is offered.
Bitcoin, Ethereum, Ripple, IOTA - or may it be something more? Not all brokers also offer all cryptocurrencies. Others allow you to invest in stocks, ETFs, or CFDs besides cryptocurrencies. So before you make your choice, think carefully about which asset classes you want to invest in, because transferring a portfolio from one provider to another can be quite time-consuming.
The security of a broker comprises various aspects. On the one hand, this point refers to the safe custody of your cryptocurrencies to protect your user account, such as through two-factor authentication. You should only use brokers that meet your security standards.
The best crypto exchange is without a doubt the platform that best suits your needs.
To decide as easily as possible for you, we have focused on the aim and comprehensible evaluation criteria. Therefore, you also have the option of sorting and filtering the above providers according to your preferences. Based on our rating, you can already recognize the favorites in our crypto exchange comparison.
However, keep in mind that every provider has advantages and disadvantages here. In the next sections, we will show what we particularly like and in which aspects the respective providers can still improve.
Our experience and personal assessment are particularly important.