Top 5 Crypto Trading Platforms in Denmark

Refer to the below list for a high-level overview of the Five Best Crypto Exchanges in Denmark. These platforms have been ranked based on key factors such as fees, features, security, customer support options and DKK deposit methods.

1. Uphold - Best Overall Crypto Exchange in Denmark

Uphold is a leading cryptocurrency exchange that was founded in 2014 by entrepreneur Halsey Minor. Offering multi-asset trading, crypto staking, and a crypto card, Uphold is one of the most versatile and user-friendly digital-asset platforms available today. It is a trusted and secure exchange that prioritises the safety and security of its users' funds, and provides audited 1:1 proof-of-reserves.

  • Fees: Free Danish Krone Deposits via Bank Transfer and SEPA, 2.49% for Debit/Credit Cards. Trading fees vary between 0.8% - 1.2% depending on the asset.
  • Supported Assets: 210 cryptocurrencies, 40 shares, 4 precious metals and 27 fiat currencies.
  • Regulation & Licensing: Regulated and Licensed in Denmark.
  • Customer Support Options: 24/7 support via live chat and email.
  • DKK Deposit Methods: Bank Transfer, Credit/Debit Card, SEPA, Google Pay & Apple Pay.
Uphold - Best Overall Crypto Exchange in Denmark.
Uphold - Best Overall Crypto Exchange in Denmark.

2. Bybit - Best Staking Crypto Exchange

Bybit is a cryptocurrency exchange founded in 2018 by Ben Zhou, the platform is known for its derivatives trading platform that offers up to 100x leverage. Additionally, it is a non-KYC platform, which means you do not need to verify your identity in order to deposit, trade or withdraw funds. It also allows users to trade, stake, earn, lend and borrow over 400 cryptocurrencies.

  • Fees: Deposits and withdrawals are free and there are 0.1% fees on spot markets and the maker/taker rebate is 0.01%/0.06%.
  • Supported Assets: 400+ cryptocurrencies.
  • Regulation & Licensing: Not regulated by any government authority (hence no KYC requirements).
  • Customer Support Options: 24/7 support via live chat, email, ticketing system & phone.
  • DKK Deposit Methods: Credit Card, Debit Card, Maestro & Google Pay.
Bybit - Best Staking Crypto Exchange.
Bybit - Best Staking Crypto Exchange.

3. Binance - Best Crypto Futures Trading Platform

Binance is one of the leading cryptocurrency exchanges in the world, offering a wide range of trading services and features including multiple trading types, crypto staking, an NFT marketplace, and a crypto card. Founded in 2017 by Changpeng Zhao, Binance has quickly become one of the most trusted and well-respected exchanges in the cryptocurrency space, with over 120 million users worldwide.

  • Fees: Variable deposit fees (based on method) and withdrawals are free. 0.1% flat trading fees for spot and 0.02%/0.07% maker/taker rebate.
  • Supported Assets: 350+ cryptocurrencies.
  • Regulation & Licensing: Unregulated in Denmark.
  • Customer Support Options: 24/7 support via live chat, email & online ticketing system.
  • DKK Deposit Methods: Credit/Debit Card.
Binance - Best Crypto Futures Trading Platform.
Binance - Best Crypto Futures Trading Platform.

4. Bitpanda - Best European Crypto Exchange

Bitpanda is a popular cryptocurrency exchange that was founded in 2014 by Eric Demuth, Paul Klanschek, and Christian Trummer. It is one of the largest European crypto trading platforms and offers services to all European countries including Denmark. Additionally, the Bitpanda platform can be used in Danish and it provides customer support in Danish.

  • Fees: Deposits and withdrawals are free on Bitpanda and trading fees are 0.2% - 1%.
  • Supported Assets: 200+ cryptos including Bitcoin, Ethereum and Cardano.
  • Regulation & Licensing: Regulated by the Financial Market Authority (FMA) of Austria.
  • Customer Support Options: 24/7 customer support via live chat, email and social media.
  • DKK Deposit Methods: Bank transfer, Debit/Credit Card, NETELLER, Bank Wire and PayPal.
Bitpanda - Best European Crypto Exchange.
Bitpanda - Best European Crypto Exchange.

5. Crypto.com - Best Alternative Crypto Exchange

Crypto.com is a popular cryptocurrency exchange that was founded in 2016 by Ken Takahashi, Mike Kayamori, and Kris Marszalek. It was the first platform to offer a crypto card where users can spend crypto on real-life purchases. Crypto.com has become a household name as its partnered with some of the biggest names in the world like the UFC, AFL, and the FIFA world cup.

  • Fees: 0.1% maker fee & 0.2% taker fee (with access to additional discounts with the use of their own MCO tokens).
  • Supported Assets: 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.
  • DKK Deposit Methods: Bank Transfer and Credit/Debit Card.
Crypto.com - Best Alternative Crypto Exchange.
Crypto.com - Best Alternative Crypto Exchange.

Is Crypto Legal in Denmark?

In Denmark, it is legal to invest in crypto, as there are no regulations or laws that prohibit such activities. This makes Denmark an attractive destination for crypto investors, as the country has a supportive and encouraging climate towards new technologies and innovations.

One of the key factors influencing the legality of crypto investments in Denmark is the country's approach to taxation. Unlike many other jurisdictions, which tax investment gains from cryptocurrencies, Denmark does not levy any capital gains taxes on crypto profits. Additionally, investors do not need to report their crypto holdings or transactions to the government.

Other factors contributing to the legality of investing in cryptocurrencies in Denmark include robust regulatory frameworks and security standards for crypto exchanges. These exchanges must meet stringent know-your-customer (KYC) and anti-money laundering (AML) standards, which help to protect investors from fraud and other illicit activities.

The Bottom Line

Uphold is the best cryptocurrency exchange for Danish investors as it offers users the ability to invest in multiple asset classes, provides transparent proof-of-funds and is regulated in Denmark and Europe. Additionally, it provides excellent customer support options in Danish and its fees are some of the lowest in the cryptocurrency market.