Top Crypto Trading Platforms in Ireland

Finding the best cryptocurrency exchange in Ireland can be a daunting task. To simplify the process, we have evaluated over 50 platforms to determine the top five exchanges for investors in Ireland. Our methodology was comprehensive, taking into account factors such as regulatory compliance with Irish laws, the variety of assets offered, user-friendliness, deposit options in EUR, fees, and more.

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1. eToro

eToro is the best crypto platform in the Irish market, offering a diverse portfolio of over 3,000 assets, such as cryptocurrencies, stocks, commodities, currencies, indices, and ETFs. Unique features like Social Trading, Virtual Accounts, and up to 10x leverage distinguishes eToro from competitors. The platform is also known for its competitive fees and tight spreads on assets.

Regulated by the European Securities and Markets Authority (ESMA), eToro has earned the trust of more than 30 million users across Europe, including Irish investors. Its user-friendly interface and cost-effective EUR deposit options, including SEPA transfers, online banking, and debit cards, make eToro a leading investment platform in Ireland.

  • Fees: Deposits are free, withdrawals have a $5 fee and trading fees are 1%.
  • Supported Assets: 92 cryptocurrencies, 3000+ stocks, 18 indices, 27 commodities, 49 fiat currencies, and 300 ETFs.‍
  • Regulation & Licensing: Regulated & Licensed by the CySEC.‍
  • Customer Support Options: 24/7 support via live chat, email & online ticketing system.‍
  • EUR Deposit Methods: Bank Transfer, Credit/Debit Card, Trustly, Klarna, SOFORT, Skrill, Neteller, and PayPal.
Best Crypto Exchange Ireland - eToro

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2. Uphold

Uphold is a global digital-asset exchange that supports a wide range of assets, including Bitcoin, Ethereum and over 260 other tokens. It is one of the most secure exchanges in Ireland, providing users with an audited proof of reserves showing their funds are held 1:1. In addition to a large selection of tokens and high security, Uphold also offers crypto staking, a crypto card and more.

  • Fees: Free EUR deposits, expect cards which have a 2.49% fee. Trading fees vary between 0.8% - 1.2% depending on the asset.
  • Supported Assets: 260 cryptocurrencies.
  • Regulation & Licensing: Regulated and Licensed by the FCA in the UK.
  • Customer Support Options: 24/7 support via live chat, online ticketing system and email.
  • EUR Deposit Methods: Bank Transfer, Credit/Debit Card, SEPA, Google Pay & Apple Pay.

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3. Bybit

Bybit is a cryptocurrency derivatives exchange that offers spot, margin, futures and options trading. They offer perpetual contracts and margin trading options with up to 100x leverage on Bitcoin, Ethereum and other altcoins. Bybit is a highly secure platform that protects investor's funds with multi-level security protocols and also provides proof-of-reserves that show users funds are backed 1:1.

  • Fees: Deposits and withdrawals are free. Spot trading fee is 0.1%, and the derivatives 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.
  • EUR Deposit Methods: Credit Card, Debit Card, SEPA, Bank Transfer, Maestro & Google Pay.
Bybit - Best Derivatives Crypto Exchange.

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4. Coinmama

Coinmama is a cryptocurrency exchange based in Ireland that offers users an easy and secure way to buy, sell and trade digital assets. Unfortunately, the platform doesn't offer many features and only allows users to buy and sell tokens, so if you are looking for a more comprehensive trading experience, we do not recommend using Coinmama.

  • ‍Fees: 0.99% to 3.90% on trading fees and deposits vary depending on the method.‍
  • Supported Assets: 18 cryptocurrencies.‍
  • Regulation & Licensing: It is a regulated Money Services Business registered with FinCEN and FINTRAC.‍
  • Customer Support Options: Email and phone support between 9AM - 5PM, Mon - Fri.‍
  • EUR Deposit Methods: SWIFT, SEPA, Bank Transfer & Credit/Debit Card.
Coinmama - Best Irish Crypto Exchange.

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5. Bitpanda

Bitpanda is another popular cryptocurrency exchange that is based in Europe. It has a wide range of asset classes including crypto, stocks, indices, commodities, ETFs and more. Bitpanda also offers low fees and support a variety of EUR payment methods. It is based in Austria but is the largest cryptocurrency trading platform in Europe with over 4 million users.

  • 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.
  • EUR Deposit Methods: Bank transfer, Debit/Credit Card, NETELLER, Bank Wire, and PayPal.
Bitpanda - Best Alternative Crypto Exchange.

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Is Crypto Investing Legal in Ireland?

Yes, cryptocurrency investing is legal in Ireland. However, the Central Bank of Ireland has warned that cryptocurrencies are not backed by any government or central authority and carry a higher level of risk compared to traditional investments. It is recommended to carefully consider the risks and do thorough research before investing in cryptocurrencies.

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How to Buy Crypto in Ireland

If you're interested in buying Bitcoin or other digital currencies in Ireland, here's a concise, step-by-step guide for a secure and legal purchase:

  1. Choose a compliant platform: Look for exchanges that abide by Ireland's financial regulator, the Central Bank of Ireland's guidelines or ESMA in Europe.
  2. Account creation and verification: Sign up using your email, create a strong password, and complete KYC procedures with necessary identification and proof of address.
  3. Deposit EUR: Fund your account through SEPA Transfer, local online banking, bank transfers, or debit/credit cards.
  4. Acquire cryptocurrency: Select your desired digital currency and the amount to purchase in EUR or crypto, then confirm the transaction.
  5. Secure your assets: Transfer your digital currencies to a private wallet for enhanced security.

By adhering to these steps and using a trustworthy, regulated platform, you can safely and efficiently procure cryptocurrencies in Ireland. Always protect your personal information and wallet details, and perform thorough research before investing in any digital currency.

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The Bottom Line

In Ireland, buying Bitcoin and other cryptocurrencies can be a straightforward and secure process when you choose a platform that aligns with the Central Bank of Ireland's regulations. With numerous options for depositing Euros, platforms such as eToro, Uphold, Bybit, Coinmama, and Bitpanda make it easy to venture into the realm of digital currencies.

As you embark on your crypto journey, remember the importance of safeguarding your assets, and conducting thorough research before investing. Always use trusted, regulated platforms and adhere to the guidance provided for a smooth, secure, and successful experience in the world of cryptocurrency.