Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Summary: In Greece, investing in cryptocurrencies like Bitcoin involves using platforms that adhere to Hellenic Capital Market Commission (HCMC) rules. These platforms offer secure transactions and various payment options, including domestic bank transfers and card payments, simplifying the process for Greek investors.
Our experts have vetted the top 5 platforms in Greece, highlighting their user-friendliness, strong operational ethics, and compliance with European financial regulations, making them the most reliable options for crypto investments.
Best Cryptocurrency Exchanges in Greece
After carefully reviewing over 20 cryptocurrency exchanges, we've singled out the top five perfect for investors in Greece. Our evaluation considers key factors like compliance with Hellenic Capital Market Commission (HCMC) rules or other European standards, the variety of cryptocurrencies offered, how user-friendly the platform is, options for depositing Euros, and what fees you can expect. To find the best fit for your crypto needs in Greece, check out our detailed list below.
If you're looking for a trusted crypto trading platform in Greece, eToro tops the list. Offering access to over 3,000 various financial assets, you're not confined to just cryptocurrencies like Bitcoin and Ethereum. The platform extends to traditional investments like stocks, commodities, currencies, market indices, and ETFs. This diversified range allows you to build a well-rounded investment portfolio, all on a single, well-regulated platform.
In terms of compliance, eToro sets the bar high. Fully aligned with European regulations and holding a CySEC license, it's a highly trusted venue used by over 30 million people globally. This makes it one of the largest and safest platforms for trading crypto in Europe. It's also exceptionally convenient for Greek investors, offering Euro deposit options like bank transfers and debit cards, among other popular financial services.
- Fees: eToro operates with a variable spread fee, generally around 1%.
- Supported Assets: The platform boasts over 3,000 diverse assets, from cryptocurrencies to stocks and more.
- Regulation & Licensing: eToro fully complies with CySEC and is available to investors in Greece.
- Euro Deposit Methods: You can deposit via SEPA, bank transfers, debit cards, credit cards, and various other methods.
Taking the second spot in our recommendations is Uphold, a platform that serves over 10 million users worldwide and operates in more than 150 countries. Offering a robust selection of over 250 digital assets, Uphold stands as a compelling alternative to eToro. One unique feature that sets Uphold apart is its intuitive staking options, allowing users to earn impressive yields of up to 25% APY on a selection of up to 30 cryptocurrencies.
Uphold goes the extra mile in terms of transparency and trustworthiness. It's registered with leading financial authorities worldwide and adheres to European regulatory standards. The platform offers audited proof-of-reserves, ensuring a 1:1 backing for all its digital assets and solidifying its place as one of the most transparent crypto platforms. Available on web, iOS, and Android, Uphold combines versatility with user-friendliness for investors.
- Fees: Trading activities come with a 1% fee, along with a 1% spread fee.
- Supported Assets: A comprehensive list of 250+ digital assets, 4 types of precious metals, and 27 fiat currencies.
- Regulation & Licensing: Uphold fully complies with European regulations, registered under the Republic of Lithuania.
- Euro Deposit Methods: Multiple options are available, including bank transfers, SEPA, Google Pay, Apple Pay, and credit/debit cards.
Securing the third position in our list for Greek crypto investors is Bybit, a platform that is well-suited for both newcomers and experienced traders interested in options and perpetual futures contracts. With an extensive selection of over 770 digital assets and quick Euro deposit options, Bybit meets the various needs of the Greek market. The platform is known for its user-friendly interface and strong security features.
Beyond just cryptocurrencies, Bybit also offers futures contracts with up to 25x leverage, as well as a growing NFT market, broadening the trading opportunities for crypto enthusiasts. With maker fees at a low 0.01% and taker fees at 0.06%, along with compliance with multiple top-tier European regulators, Bybit positions itself as a highly reliable choice for traders in Greece.
- Fees: Maker fees are set at 0.01%, while taker fees are at 0.06%.
- Supported Cryptocurrencies: A wide range of over 770 digital assets are available for trading.
- Regulation & Licensing: Adheres to European regulatory standards (CySEC)and is accessible in over 180 countries.
- Euro Deposit Methods: A variety of options, including SEPA transfers, bank transfers, debit cards, credit cards, Google Pay, and 20 additional methods.
Securing the fourth position on our list for crypto enthusiasts in Greece, Binance delivers an expansive trading ecosystem to its extensive global user base of over 150 million. Not only does it offer spot, margin, and futures trading, but it also features Binance Earn, a unique program that lets users generate returns on a wide array of over 180 cryptocurrencies. This particularly attracts those focused on capital growth and passive income streams.
It's worth noting that Binance also offers language support in Greek, further enhancing its appeal to local investors. However, it's essential to be aware of some regulatory complexities. Despite Binance's efforts to comply with European financial standards, the platform has attracted scrutiny from several European regulatory bodies. This factor should be taken into consideration when evaluating its compliance status.
- Fees: The platform levies a 0.1% fee for spot trading, with maker/taker fees of 0.02%/0.04% for derivatives.
- Supported Cryptocurrencies: It boasts a comprehensive list of more than 350 digital assets for trading.
- Regulation & Licensing: Not directly regulated in Greece, but available to investors in the country.
- Euro Deposit Methods: The platform provides many options, such as bank transfers, SEPA, credit cards, and debit cards for Euro deposits.
Rounding out our list as the fifth best platform is OKX, particularly for those interested in the evolving Web3 space. The platform features a broad range of more than 300 cryptocurrencies and offers additional sophisticated trading instruments, such as futures, options, and margin trading. Its OKX Wallet uniquely enables users to seamlessly switch between centralized and decentralized financial services, incorporating popular DeFi platforms like AAVE and Uniswap.
Not only is OKX user-friendly, but it also places a significant emphasis on robust security measures. While it originally hails from Seychelles and complies with its local regulations, it is available to Greek investors. The platform is especially attractive to institutional investors and DeFi users, given its comprehensive API options and embedded web3 compatibility.
- Fees: OKX charges 0.1% for maker orders, a 0.2% fee for taker orders, and a standard 0.1% fee for spot trading.
- Supported Assets: It offers an expansive array of over 300 cryptocurrencies, along with leveraged trading options.
- Regulation & Licensing: Based in Seychelles and available in Greece.
- Euro Deposit Methods: The platform supports various Euro deposit methods, including bank transfers and credit/debit cards.
Is Crypto Legal in Greece?
Yes, cryptocurrency is legal in Greece. The country saw a significant uptick in cryptocurrency interest during its 2015 debt crisis, and that trend has continued. The Bank of Greece has issued warnings about virtual currencies in line with the European Banking Authority, and Greece is also a member of the European Blockchain Partnership, aimed at fostering blockchain-based services across Europe.
While there are no specific laws governing cryptocurrency mining in Greece, it's worth noting that the broader legal landscape for crypto mining varies by jurisdiction. However, in Greece and most of the European Union, cryptocurrency activities are generally permitted, and Greece has shown a commitment to blockchain technology through its membership in international partnerships.
How to Buy Bitcoin and Crypto in Greece
Buying Bitcoin and other cryptocurrencies in Greece is a simple process, facilitated by the country's generally crypto-friendly stance. Here's a straightforward guide to help you make your purchase safely and in compliance with Greek regulations:
- Select an Exchange: Choose a EU-regulated platform like eToro or Uphold for safety and a variety of assets.
- Create an Account: Register with an email, set a strong password, and complete the required KYC steps.
- Deposit Funds: Add Euros via SEPA transfers, credit/debit cards, or other methods.
- Buy Crypto: Pick your desired cryptocurrency, input the amount, and confirm your purchase.
- Secure Your Investment: Transfer your new crypto assets to a private wallet for added security.
By using a compliant platform and following these steps, you can invest in cryptocurrencies in Greece both safely and efficiently.
In summary, investing in cryptocurrencies in Greece is a viable and secure option, especially with platforms that comply with HCMC and European regulations. Our detailed analysis highlights eToro, Uphold, Bybit, Binance, and OKX as the most reliable choices for Greek investors. These platforms not only offer security and a wide range of assets but also provide an alternative to traditional banking systems, potentially mitigating risks related to future local banking crises and currency devaluation.