Top Crypto Trading Platforms in Portugal

Investors in Portugal have access to a growing number of secure and regulated cryptocurrency exchanges, overseen by Banco de Portugal and aligned with MiCA guidelines. In the table below, we've summarized the leading options, covering essential details such as euro deposit options, security measures, trading costs, supported digital currencies, and platform features.

1. Kraken

Kraken is the top choice for cryptocurrency investors in Portugal, delivering unmatched security, transparent practices, and extensive trading features. Launched in 2011, it has established itself as a trusted global leader, now serving over 15 million users across Portugal and 190 other countries.

There are several trading interfaces available to choose from: Kraken Pro offers sophisticated charting, leverage trading, and futures markets. Kraken Institutional provides an OTC desk, dedicated crypto custody, and staking solutions. Beginners benefit from Kraken’s simple desktop and mobile apps.

Users can also earn passive rewards from staking with annual returns up to 17% APR, access Auto Earn features, and commission-free trading of tokenized stocks and ETFs through Kraken’s unique xStocks product. Kraken is also one of the few exchanges that regularly undergoes external audits.

Platform Highlights:

• Fees: Maker fees start at 0.16%, while taker fees range from 0.26%. Zero-fee trading is available via the Kraken+ subscription.
• Supported Assets: Over 460 cryptocurrencies.
• Regulation & Licensing: Registered as a Virtual Asset Service Provider (VASP) across Portugal and fully compliant with EU MiCA regulations.
• EUR Deposit Methods: SEPA transfers, debit cards, credit cards, Apple Pay, Google Pay, PayPal.

2. Bybit

Bybit has become Portugal’s go-to crypto exchange for trading derivatives contracts. Launched in 2018, the platform serves more than 74 million users across 160 countries and handles an immense daily trading volume exceeding $26 billion, highlighting its exceptional market depth and liquidity.

Portuguese traders appreciate the advanced yet intuitive tools for spot trading, perpetual futures, and leveraged trades, offering up to 200x leverage. Its standout services, such as copy trading and AI-driven TradeGPT, enable traders to mirror expert trading strategies or gain valuable market insights.

In addition to trading, Bybit provides earning products through its Bybit Earn program, offering flexible savings plans, high-yield crypto staking, and loan services. The platform’s Bybit Crypto Card further enhances user experience, offering attractive cashback of up to 10% and exclusive VIP privileges.

Platform Highlights:

• Fees: Spot trading fees start from 0.1%.
• Supported Assets: Over 2,000 cryptocurrencies.
• Regulation & Licensing: Internationally regulated; aligned with EU regulatory standards under MiCA guidelines.
• EUR Deposit Methods: SEPA transfers, debit and credit cards, direct bank transfers, Apple Pay, Google Pay, Samsung Pay.

3. OKX

OKX is popular among Portuguese crypto enthusiasts interested in decentralized finance (DeFi) and Web3 services. The exchange offers advanced crypto trading and investment products to 30 million global users across 180 regions, including a built-in crypto wallet, OKX Wallet, and native token, OKB Coin.

The platform offers multiple unique tools designed for diverse trader needs. Users can trade over 500 crypto tokens and participate in high-yield earning opportunities. OKX provides exclusive features such as integrated TradingView charts, trading bots, and sophisticated copy trading services.

Additionally, Portuguese investors benefit from OKX’s easy EUR deposit methods via SEPA transfers, Visa, Mastercard, and popular digital payment platforms like Apple Pay. OKX also stands out for its institutional-grade trading solutions, providing advanced OTC liquidity networks.

Platform Highlights:

• Fees: Trading fees start from 0.08% for spot trading.
• Supported Assets: Over 500 cryptocurrencies.
• Regulation & Licensing: Fully compliant with MiCA standards; robust international regulatory practices.
• EUR Deposit Methods: SEPA bank transfers, credit cards, debit cards, Apple Pay.

4. Uphold

Uphold has gained recognition among Portuguese investors for its commitment to transparency and simplicity. Established in 2014, it uniquely publishes real-time proof-of-reserves every 30 seconds, guaranteeing 1:1 backing for customer assets, a level of openness unmatched by most crypto platforms.

Portuguese crypto enthusiasts appreciate Uphold's simplified, one-step trading system. Unlike traditional platforms, Uphold allows instant exchanges between a broad range of assets, including cryptocurrencies, precious metals, and fiat currencies, all without additional intermediary steps.

Additionally, Uphold provides a flexible and competitive staking service, allowing users to earn up to 15.9% APY on over 20 digital assets. Funding accounts with Euros is straightforward, with Uphold supporting quick deposits via SEPA transfers, Apple Pay, Google Pay, and debit or credit cards.

Platform Highlights:

• Fees: Transparent pricing with spreads between 0.5% and 2.95%.
• Supported Assets: Over 250 cryptocurrencies.
• Regulation & Licensing: Complies with MiCA standards across Europe.
• EUR Deposit Methods: Bank transfers, SEPA, Apple Pay, Google Pay, credit cards, debit cards.

5. Gate

Gate is a leading choice for Portuguese cryptocurrency investors, widely recognized for its extraordinary range of over 3,600 cryptocurrencies. Since its launch in 2013, Gate has built trust with more than 33 million global traders and consistently processes daily trading volumes exceeding $23 billion.

Portuguese investors find Gate’s comprehensive suite of products especially attractive, including spot markets, leveraged futures trading, and innovative services like copy trading. Additionally, Gate offers appealing passive earning options, including its Simple Earn product with APRs of up to 11%. 

Users can also confidently monitor asset security through Gate’s transparent reserve ratio, consistently maintained above 100%. With extensive educational resources, including crypto price predictions and how-to guides, Gate provides Portuguese investors with comprehensive tools.

Platform Highlights:

• Fees: Trading fees start at 0.2%, with discounts for GT token holders.
• Supported Assets: Over 3,600 cryptocurrencies.
• Regulation & Licensing: Internationally compliant, adhering to MiCA standards and robust AML practices.
• EUR Deposit Methods: SEPA transfers, debit cards, credit cards.

6. Bitpanda

Bitpanda is preferred among Portuguese users seeking more than just cryptocurrency trading. Founded in Austria and regulated across Europe, it serves over 6 million satisfied investors. The platform is especially appealing due to its emphasis on security, storing client assets securely in offline wallets.

Investors benefit from Bitpanda’s uniquely diverse product lineup, which includes easy access to fractional stocks, ETFs, precious metals, commodities, and cryptocurrencies. This enables seamless diversification, allowing users to strengthen their portfolios all within a single intuitive platform. 

The Bitpanda app enhances investor convenience by allowing instant deposits and withdrawals with no fees. Additionally, Bitpanda Spotlight introduces Portuguese investors to promising new crypto projects at an early stage, while the Bitpanda Academy helps users develop their financial literacy.

Platform Highlights:

• Fees: Trading fees averaging around 1.49%.
• Supported Assets: 250+ cryptocurrencies plus fractional stocks, ETFs, commodities, precious metals, and crypto indices.
• Regulation & Licensing: Fully regulated in Europe and adheres to MiCA standards.
• EUR Deposit Methods: SEPA transfers, debit cards, credit cards, Sofort, Neteller, Skrill.

Is Crypto Regulated in Portugal?

Portugal treats cryptocurrencies as legal and permissible, but not as official currency or electronic money. Between 2017 and 2021, the country embedded EU AML/CFT directives into national law through Bank of Portugal Notice 3/2021, mandating that any entity offering crypto services must register as a Virtual Asset Service Provider (VASP) with the central bank.

Effective December 30, 2024, the EU-wide Markets in Crypto‑Assets Regulation (MiCA) came into force across member states, including Portugal. MiCA sets uniform rules across the EU for token issuers, wallet services, stablecoin providers, and exchanges, enhancing transparency, consumer protection, insolvency safeguards, and segregation of client assets from provider holdings.

How is Crypto Taxed in Portugal?‍

Portugal introduced a formal crypto tax framework beginning in 2023, reshaping its previous reputation as a tax‑free haven for digital asset holders. 

The Portuguese Tax and Customs Authority (Autoridade Tributária e Aduaneira) published guidance in May 2025 confirming these classifications, clarifying the holding‑period rule and specifying how cross-category income should be reported for 2024 returns (filed in 2025). Here is a quick summary of the applicable crypto taxes in Portugal:

• Capital Gains (Category G): Tax rate of 28% on profits from crypto assets held for less than 365 days. Tax-exempt if crypto assets are held for more than one year by private, non-professional investors.
• Passive Crypto Income (Category E): Flat 28% tax on earnings from activities such as staking, lending, airdrops, and yield-generating services.
• Professional Income Tax (Category B): Progressive income tax rates (14.5% to 48%) apply to profits earned from professional trading, mining, or validation activities, depending on the total income bracket.
• Non-Habitual Resident (NHR) Regime: Specific tax exemptions for foreign-sourced income, subject to conditions, but the standard 28% rate still applies to passive crypto income.

All crypto gains and income must be reported annually via the Portuguese IRS tax return, due by June 30 each year, with payment required by August 31.

Cryptocurrency Adoption in Portugal

Cryptocurrency adoption in Portugal is rapidly expanding, fueled by strong investor enthusiasm, favorable regulatory frameworks, and a dynamic blockchain startup ecosystem. 

The user base is expected to grow significantly, reaching around 3.4 million users by 2026, with penetration rates climbing from 30.75% in 2025 to 32.73% in 2026. Portugal's steady growth in crypto adoption is supported by rising institutional participation and increased integration of crypto solutions within the traditional financial system.

How to Buy Bitcoin in Portugal

Portuguese traders interested in buying Bitcoin should select trustworthy crypto exchanges regulated by Banco de Portugal and compliant with the MiCA framework. Follow these steps to securely purchase BTC in Portugal:

1. Select Crypto Exchange: Choose a crypto exchange officially registered with Banco de Portugal or reputable international exchanges that comply with MiCA regulations, like Binance, Kraken, or Bitpanda.
2. Complete Account Verification: Open an account with your selected platform and undergo the required Know Your Customer (KYC) process. Typically, you'll need official identification like your Portuguese citizen card, passport, or driver's license.
3. Deposit Funds (EUR): Add funds to your trading account using convenient deposit methods such as SEPA bank transfers, debit or credit cards, or other local payment solutions supported by your chosen exchange.
4. Buy Bitcoin: Once your account has funds, navigate to the Bitcoin purchase area. Enter either the amount in Euros you wish to spend or the desired Bitcoin quantity, then finalize your transaction.

After your Bitcoin purchase is confirmed, immediately transfer your assets to a secure personal wallet, preferably a hardware wallet or a reputable software wallet, to protect your holdings and maintain complete ownership and control over your cryptocurrency.

Final Thoughts

Portugal offers several platforms overseen by the Banco de Portugal and aligned with MiCA for investors to choose from. Investors should prioritize exchanges that align with their goals, whether it's advanced margin trading on Kraken, DeFi access through OKX, or asset diversification with Bitpanda, and fund their accounts using efficient EUR methods like SEPA or card transfers. 

Always use platforms with transparent governance and proof-of-reserves, back up access with hardware wallets, and stay informed about Portugal’s crypto tax rules.