Top Crypto Trading Platforms in Belgium

To identify the best cryptocurrency exchanges in Belgium, we conducted an extensive analysis of over 50 platforms available to Belgian investors. Our evaluation process considered several crucial factors such as compliance with Belgian regulations, variety of available assets, user-friendliness, deposit options in EUR, fees, and other important criteria.

After a thorough examination of each platform, we determined the top five cryptocurrency exchanges that stand out as the best options for Belgian investors. The breakdown of our findings for the top five exchanges is provided below, taking into account the key factors mentioned above.

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1. Uphold - Best Overall in Belgium

Uphold is one of Europe and Belgium's largest crypto trading platforms with over 10 million users and 200+ assets available. Their exchange is regulated in Europe & Belgium, and is one of the only exchanges in the world with a real-time audited proof-of-reserves. They are our #1 pick for crypto investors in Belgium thanks to their regulatory compliance, great user experience and low fees.

Uphold also offer cryptocurrency staking features, which allows investors to earn up to 25% APY paid out daily on 30+ assets. All crypto assets staked are backed and held 1:1, which means you do not have to worry about loss of funds.

• Fees: Free Euro (EUR) deposits on all methods except card, which is 2.49%. 0.8% - 1.2% for crypto trades.
• Supported Cryptocurrencies: 210 cryptocurrencies and 25+ cryptos available for staking.
• Regulation & Licensing: Globally regulated and available in 120+ countries.
• Customer Support Options: 24/7 support via live chat and email.
• Euro (EUR) Deposit Methods: Bank Transfer, Credit/Debit Card, SEPA, Google Pay & Apple Pay.

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2. Bybit

Bybit is a world-leading crypto derivatives trading platform with over 1 million registered users and trades of up to 100x leverage. They provide traders with deep liquidity, fair pricing, fast execution & settlement, and 24/7 customer support. Bybit is one of the few crypto exchanges that offer cryptocurrency margin trading in Belgium, making them the best destination for advanced traders and sophisticated investors.

Another major benefit of Bybit is that it does not require KYC or verification for investors in Belgium. Which means you can sign up and start trading with an email address and password only.

• Fees: 0.025% taker fee and -0.075% maker rebate.
• Supported Cryptocurrencies: BTC, ETH, SOL, AVAX + 300 more with up to 100x leverage available for all supported crypto pairs.
• Regulation & Licensing: Regulated by the Seychelles Financial Services Authority (FSA).
• Customer Support Options: 24/7 support via live chat and email.
• Deposit Methods: Bank Transfer, Credit/Debit Card & Crypto Wallet (BTC, ETH, XRP & EOS).

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3. Binance

Binance is one of the largest cryptocurrency exchanges in the world and is widely regarded as one of the most secure platforms. They offer a wide variety of cryptocurrencies with over 180 coins listed for trading, including many altcoins. Binance also has its own native cryptocurrency - BNB - which provides users with discounts on trading fees.

One major issue with Binance at the moment is that they have not been able to provide an audited proof-of-reserves like Uphold. There may be some risks in using this exchange due to recent events involving global trading platforms.

• Fees: 0.1% maker fee & 0.1% taker fee.
• Supported Cryptocurrencies: 180+ coins and tokens available for trading.
• Regulation & Licensing: Regulated by the Seychelles Financial Services Authority (FSA).
• Customer Support Options: 24/7 support via live chat and email.
• Deposit Methods: Bank Transfer, Credit/Debit Card & Crypto Wallet (BTC, ETH, XRP & EOS).

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4. Bitpanda

Bitpanda is a cryptocurrency brokerage based in Vienna, Austria and is one of the leading crypto exchanges in Europe and Belgium. They offer an easy to use platform that allows users to buy, sell and store cryptocurrencies with ease. Bitpanda is also renowned for their competitive fees and fast order execution.

One of the major benefits of using this exchange is that they provide a great user experience with a simple to use interface for both beginner and experienced traders. That said, their fees are higher than alternatives like Uphold or Bybit, so this is definitely something to consider.

• Fees: 0.25% maker fee & 0.75% taker fee.
• Supported Cryptocurrencies: 180+ coins and tokens available for trading.
• Regulation & Licensing: Regulated by the Austrian Financial Markets Authority (FMA).
• Customer Support Options: 24/7 support via live chat and email.
• Deposit Methods: Bank Transfer, Credit/Debit Card, SOFORT & Crypto Wallet

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5. Crypto.com

Crypto.com is a global cryptocurrency exchange and wallet provider with over two million users in over 130 countries. Crypto.com enables users to buy, sell and store cryptocurrencies with ease, as well as offer staking services for many leading cryptocurrencies. The Crypto.com platform also offers other features such as an NFT Marketplace, a native blockchain (Cronos), a Crypto Debit Card and much more.

One of the most attractive aspects of Crypto.com is their comprehensive fee structure that offers traders access to some of the lowest fees in the industry. They also provide users with an array of tools to help them make informed decisions regarding their investments.

• Fees: 0.1% maker fee & 0.2% taker fee (with access to additional discounts with the use of their own MCO tokens).
• Supported Cryptocurrencies: 180+ coins and tokens available for trading.
• Regulation & Licensing: Regulated by the Seychelles Financial Services Authority (FSA).
• Customer Support Options: 24/7 support via live chat and email.
• Deposit Methods: Bank Transfer, Credit/Debit Card & Crypto Wallet (BTC, ETH, XRP & EOS).

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What are the Fees to Buy Crypto in Belgium?

When buying or selling cryptocurrency in Belgium, it is important to understand the fees associated with each exchange. As mentioned earlier, exchanges generally charge a trading fee (maker and taker) as well as a deposit/withdrawal fee. The exact fees can vary from exchange to exchange, so it is best to do your research before committing to an exchange.

Generally, the fees for buying crypto with Fiat currency can be higher than those associated with buying crypto with cryptocurrency. The average fee for purchasing cryptocurrency in Belgium is 0.20% to 1%. For example, Uphold charges a flat fee of 0.50% while Bitpanda has a maker and taker fee of 0.25% and 0.75%, respectively.

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Is Buying Crypto in Belgium Legal?

Yes, buying cryptocurrency in Belgium is legal from a regulated broker. There are no specific laws that prohibit the purchase or possession of cryptocurrency in Belgium. However, the Belgian Financial Services and Markets Authority (FSMA) has issued warnings about the risks associated with investing in cryptocurrency and has advised caution to investors.

Like in many countries, the FSMA has highlighted that cryptocurrency investments are not covered by the same level of investor protection as traditional investments, such as stocks or bonds. Cryptocurrency is not considered a legal tender in Belgium and is not regulated by the FSMA. This means that investors bear the full risk of any losses and there is no recourse if something goes wrong.

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How Is Crypto Taxed in Belgium?

In Belgium, cryptocurrency is taxed as capital gains. If you buy and sell cryptocurrency within a year, the profits you make are considered short-term capital gains and are taxed at your normal income tax rate. If you hold your cryptocurrency for more than a year before selling it, the profits are considered long-term capital gains and are taxed at a lower rate.

Capital gains from cryptocurrency transactions are generally taxed at a rate of 30%. However, this rate can be reduced if you qualify for the capital gains exemption. The capital gains exemption allows you to exclude a certain amount of your capital gains from taxation. The amount of the exemption depends on your taxable income and the length of time you held the cryptocurrency.

If you have any questions about how cryptocurrency is taxed in Belgium, you should consult with a tax professional or the Belgian tax authorities.

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Final Thoughts

When buying or selling cryptocurrency in Belgium, it’s important to do your research and find an exchange that suits your needs. Some of the most popular exchanges include Uphold, Bitpanda, Kraken and Crypto.com. It is also essential to understand the fees associated with each exchange and how your profits will be taxed. To ensure you are making informed decisions, it is always best to consult a tax professional or the Belgian tax authorities.

With this information in hand, you should now have all the knowledge necessary to begin trading and investing in digital assets in Belgium.