Top Crypto Trading Platforms in Malta

Malta has long been recognized as a crypto-friendly destination, attracting exchanges and blockchain businesses with its progressive regulatory environment. Digital asset platforms support direct EUR deposits from local banks, offer competitive trading fees, and provide Maltese customer support. Here is a comparison of the top five crypto exchanges for Maltese traders.

1. Binance

Binance, founded in 2017 by Changpeng Zhao (CZ), has grown into the world’s largest exchange by trading volume and user base. The platform has developed a global presence, serving over 260 million clients across Malta and 100 other countries, and supports 40 languages.

The exchange features advanced tools such as spot, futures and options trading, margin trading, and an OTC desk for large transactions. It also supports staking, lending, and yield farming through Binance Earn, allowing users to generate passive income from their digital assets.

Beyond trading, Binance operates its own blockchain networks, Binance Chain and BNB Smart Chain (BSC), supporting a wide range of DeFi projects. Binance’s native token, BNB, plays a crucial role in reducing trading fees and participating in token launches on Binance Launchpad.

• Fees: Spot trading fees start at 0.1%, with further reductions for BNB holders and VIP traders.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Binance acquired a license from the Malta Financial Services Authority.
• EUR Deposit Methods: SEPA bank transfers, credit/debit cards, Google Pay, Apple Pay, and P2P transactions.

2. Kraken

Kraken is one of the longest-standing and most secure cryptocurrency exchanges, founded in 2011 by Jesse Powell. The exchange serves 10 million users globally and is recognized for its transparent approach, including regular proof-of-reserve audits to ensure customer funds are fully backed.

It offers a wide range of 350 cryptocurrencies for spot trading, plus 100+ perpetual contracts to trade with up to 5x leverage and margin trading. Institutional clients benefit from an OTC desk for large block trades, API trading solutions, account managers and advanced risk management tools.

Kraken also supports staking for multiple cryptocurrencies, allowing users to earn passive income on 12 digital assets. Kraken Pro provides professional traders with a feature-rich trading platform that includes charting tools, multiple order types, and high-speed execution.

• Fees: Maker fees start at 0.16% and taker fees at 0.26%.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Licensed by MiCA across Europe.
• EUR Deposit Methods: SEPA transfers, wire transfers, PayPal and credit/debit cards.

3. Uphold

Uphold is a multi-asset digital platform founded in 2015 that allows users to buy, sell, and hold a variety of assets, including cryptocurrencies, precious metals, and traditional fiat currencies. Designed for beginners and experienced investors, it is known for its "Anything-to-Anything" trading feature.

The exchange has a commitment to transparency and was the first one to provide real-time proof of reserves, ensuring that all customer funds are fully accessible at all times. This level of financial accountability sets Uphold apart from many competitors, giving users peace of mind.

Uphold also supports staking for 30 cryptocurrencies offering up to 28% APY. Additionally, it offers automated recurring purchases, allowing users to dollar-cost average (DCA) into their crypto investments. The platform is available on both desktop and mobile, offering a seamless experience. 

• Fees: Variable spreads starting at 0.8%.
• Supported Assets: Over 300 cryptocurrencies, 4 precious metals and 27 fiat currencies.
• Regulation & Licensing: Registered with the Bank of Lithuania and available in Malta.
• EUR Deposit Methods: SEPA transfers, credit cards, debit cards, and Google Pay.

4. eToro

eToro, established in 2007, is a pioneering social trading and multi-asset investment platform. With a mission to democratize investing, it enables users to engage in a diverse range of financial markets, including cryptocurrencies, commodities, and more on one single interface.

Serving over 35 million registered users across more than 100 countries, eToro offers an intuitive interface accessible via web and mobile applications. The platform's innovative CopyTrader™ feature allows users to replicate the trades of experienced investors.

eToro also emphasizes financial education through the eToro Academy, offering free courses, webinars, and podcasts to enhance users' investment knowledge. In addition to its trading services, eToro introduced eToro Money, a financial service that includes a Visa debit card.

• Fees: Variable spread fee model of around 1%.
• Supported Assets: Over 6,000 cryptocurrencies, stocks, ETFs and commodities.
• Regulation & Licensing: eToro Money Malta Ltd is regulated by the MFSA under Company No. C97952.‍
• EUR Deposit Methods: Bank transfers, SEPA, debit cards, credit cards, and PayPal.

5. Gate.io

Gate.io is a popular cryptocurrency exchange offering a comprehensive suite of services to traders worldwide. With a user base exceeding 21 million, the platform provides access to over 3,700 cryptocurrencies for spot trading. It also offers futures contracts and leveraged ETF products.

Beyond traditional trading, Gate.io has expanded its ecosystem to include DeFi services, an NFT marketplace, and Web3 solutions. The platform's commitment to security is evident through its implementation of over ten layers of protective measures, ensuring the safety of user assets. 

Gate.io's user-friendly interface is complemented by a customizable mobile app, enabling traders to manage their portfolios, set price alerts, and execute trades seamlessly on the go. The platform supports multiple languages, including Maltese and offers various Euro deposit methods.

• Fees: Maker and taker fees start at 0.2%.
• Supported Assets: Over 3,700 cryptocurrencies.
• Regulation & Licensing: Not regulated in Malta but available in the country.
• EUR Deposit Methods: Credit/debit cards, Zen, bank transfers, SEPA and Apple Pay.

Is Crypto Regulated in Malta?

Yes, cryptocurrency is regulated in Malta, and the Malta Financial Services Authority (MFSA) is the primary body overseeing virtual financial assets (VFAs). In 2018, Malta introduced the Virtual Financial Assets Act, which provides clear guidelines for the issuance and management of VFAs.

To combat financial crimes such as money laundering and terrorist financing, the MFSA enforces stringent compliance measures for all VFA service providers. These entities must undergo a rigorous authorization process and are subject to continuous supervision to ensure adherence to established regulations.

In alignment with the evolving European regulatory landscape, Malta is proactively integrating the provisions of the EU's Markets in Crypto-Assets (MiCA) regulation into its national laws. This initiative aims to harmonize local regulations with broader European standards.

How is Crypto Taxed in Malta?

Malta has developed a structured approach to crypto taxation, aligning with European Union regulations while maintaining its own tax framework. The Commissioner for Revenue (CFR) provides clear guidelines on how digital assets are taxed, distinguishing between capital gains, trading profits, and business income. 

Key Crypto Tax Considerations in Malta:

• Capital Gains Tax: Unlike some jurisdictions, Malta does not impose capital gains tax on individuals holding cryptocurrencies as long-term investments.
• Income Tax: Digital assets earned through mining or staking are considered income and taxed based on Malta’s progressive income tax rates, ranging from 0% to 35%.
• Corporate Tax: Companies involved in cryptocurrency trading or accepting crypto payments must declare earnings under Malta’s standard 35% corporate tax rate. However, Malta’s tax refund system allows eligible businesses to significantly reduce their effective tax liability, often bringing it down to 5% for international companies.

To remain compliant with Malta’s tax laws, crypto investors and businesses should maintain thorough records of all transactions and stay updated on evolving regulations. Consulting a tax professional is advisable to navigate Malta’s tax structure effectively.

Cryptocurrency Adoption in Malta

Often dubbed "Blockchain Island," Malta was among the first jurisdictions to introduce comprehensive legislation governing virtual financial assets (VFAs), creating a foundation for sustained digital asset adoption. The country's user penetration rate is expected to reach 4.99% by mid-2025, amounting to approximately 26,960 users.

Several factors contribute to Malta’s status as a crypto-friendly country. Its proactive regulatory stance has encouraged the establishment of major crypto exchanges, allowing traders to operate with legal clarity. 

Additionally, Malta offers a tax-efficient structure for crypto investors, as capital gains tax does not apply to digital assets held as long-term investments. This has attracted a wave of crypto entrepreneurs and investors looking for stability and favorable financial policies.

How to Buy Bitcoin in Malta

Maltese investors looking to buy Bitcoin can do so through reputable cryptocurrency exchanges that support euro deposits and adhere to Malta’s financial regulations. Follow these steps to get started:

1. Select a Reliable Exchange: Choose a trusted cryptocurrency exchange that supports EUR transactions. Leading platforms such as Kraken, Coinbase, and Binance provide secure trading options.
2. Complete Account Verification: Register an account on your preferred exchange and fulfill Know Your Customer (KYC) requirements. This typically involves submitting a government-issued ID and proof of address.
3. Fund Your Account: Deposit euros into your exchange wallet using SEPA bank transfers, credit or debit cards, or alternative payment methods such as e-wallets, depending on the platform’s supported options.
4. Purchase Bitcoin: Navigate to the BTC/EUR trading pair, enter the amount of Bitcoin you wish to buy, and review transaction details, including fees and current exchange rates. Once satisfied, confirm the trade to complete your purchase.

By using a regulated exchange and adopting strong security practices, Maltese investors can safely buy Bitcoin, gaining access to the expanding digital asset market with confidence.

Final Thoughts

Malta remains a key player in the cryptocurrency space, offering a regulated and crypto-friendly environment for traders, businesses, and investors. 

Whether you're a beginner or an institutional investor, platforms like Binance, Kraken, Uphold, eToro, and Gate.io provide diverse trading options and competitive fees.