Best Crypto Exchanges in Slovenia

Best Cryptocurrency Exchanges in Slovenia

Our team has conducted a detailed evaluation of the 18 cryptocurrency platforms available in Slovenia and identified the top options for local investors. Our assessment considered essential factors such as compliance with the Slovenian Financial Stability Board (FSB) regulations, available digital assets, overall user experience, EUR deposit options, and fees. Below is a comparison table of the five best exchanges for Slovenian traders.

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1. eToro

eToro is a multi-asset exchange known for its unique social trading platform with over 30 million users, including many in Slovenia. Due to its global accessibility, the interface can be used in Slovenian. It offers a range of investment options, including spot trading on a wide selection of cryptocurrencies. There are also more than 4,500 stocks, commodities and ETFs to purchase. 

The main features include social trading, where users can follow and copy the trades of top investors, advanced charting tools, a mobile app for trading on the go, and educational resources to help users improve their trading skills. Additionally, eToro offers a free demo account for practice trading and a secure wallet for holding cryptocurrencies.

• Fees: Variable spread fee of around 1%.
• Supported Assets: Over 4,500 cryptocurrencies, ETFs, commodities and stocks.
• Regulatory & Licensing: eToro (Europe) Ltd is regulated by CySEC under licence number 109/10 and is available in Slovenia.‍
• EUR Deposit Methods: Bank transfers, SEPA, debit cards and credit cards.

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2. Bybit

Bybit is one of the most popular exchanges in the world for derivatives trading, with 32 million users in Slovenia and 160 other countries. It is known for its robust platform, which offers advanced trading options, including spot, options, and futures trading with up to 100x leverage. Users can trade over 1,200 cryptocurrencies, benefiting from low fees and high liquidity.

Users can take advantage of unique features like crypto loans, TradeGPT, staking options, Launchpad, an NFT marketplace, trading bots, and a crypto debit card. Bybit provides 24/7 customer support in several languages, including Slovenian. It also takes security seriously and maintains transparency in its proof-of-reserves, regularly publishing them.

• Fees: For futures, there is a maker fee of 0.02% and a taker fee of 0.055%. The spot trading fee is 0.1%.
• Supported Assets: Over 1,200 digital assets.
• Regulation & Licensing: Regulated by the CySEC under registration number 305956090 and available in Slovenia.‍
• EUR Deposit Methods: SEPA, debit cards, credit cards, bank transfers, Wise, Google Pay, iDEAL, Zen, Samsung Pay, and Apple Pay.

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3. MEXC

MEXC is the top choice for high-leverage trading in Slovenia, renowned for its advanced trading features and robust security. It offers leverage up to 200x on various hundreds of trading pairs, making it suitable for experienced traders looking for substantial trading opportunities. There are also 800 cryptocurrencies to buy and trade on spot markets.

It accommodates varied trading needs through features like lending, borrowing, staking, and Initial Exchange Offerings (IEOs). Its capability to handle over $2 billion in daily trading volume demonstrates its commitment to market adaptability. MEXC also offers demo trading, a rewards program, and an educational section to help traders stay informed.

• Fees: Maker fees of 0.02% to 0.06% and taker fees ranging from 0.06% to 0.08%.
• Supported Assets: Over 300 cryptocurrencies.
• Regulation & Licensing: Holds an Estonian license and is available in Slovenia.‍
• EUR Deposit Methods: Bank transfers and debit or credit cards.

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4. Gate.io

Gate.io offers the most diverse selection of cryptocurrencies in the world, with over 2,100 tokens to trade and up to 100x leverage. It is highly regarded for its comprehensive suite of trading options, including spot, futures, and margin trading. There are over 16 million users that use the platform and trade over $2 billion daily across all order books.

The main features include high liquidity, low trading fees, and advanced security protocols. Gate.io also provides users with staking options, lending services, Gate.io crypto card, copy trading and an NFT marketplace. The platform supports multiple languages and offers a responsive customer support team.

• Fees: 0.1% for maker orders and 0.2% for taker orders.
• Supported Assets: Over 2,100 digital assets.
• Regulation & Licensing: Not directly licensed in Slovenia but remains accessible to Slovenian traders.‍
• EUR Deposit Methods: Bank transfers, debit cards, credit cards, and Apple Pay.

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5. Uphold

Uphold is an ideal cryptocurrency exchange for beginners in Slovenia, offering a simple and intuitive platform. It supports a wide range of 250 cryptocurrencies, plus traditional assets, including 4 precious metals and 27 fiat currencies, making it easy for users to trade and manage their assets in one single interface.

Aligned with European directives and accredited by leading financial institutions, Uphold represents a secure and transparent option for Slovenian investors. Its audited proof-of-reserves confirms a 1:1 asset backing. The platform guarantees a fluid trading experience accessible via web and mobile (iOS and Android) and caters to all investor needs.

• Fees: Spread fees at 1%.
• Supported Assets: Over 250 digital assets, 4 precious metals and 27 fiat currencies.
• Regulation & Licensing: Regulated by Bank of Lithuania and available in Slovenia.‍
• EUR Deposit Methods: Bank transfers, Google Pay, Apple Pay, and card payments.

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Is Crypto Regulated in Slovenia?

Yes, cryptocurrency activities in Slovenia are regulated. The Slovenian Financial Stability Board (FSB), an authority representing the Bank of Slovenia (Banka Slovernjie), oversees the country's crypto market. This subjects crypto exchanges and related entities to Slovenia's Anti-Money Laundering Act, embedding digital currencies within stringent anti-fraud and criminal frameworks.

Slovenian crypto regulations align with EU standards, particularly the Markets in Crypto-Assets Regulation (MiCA). MiCA provides a uniform framework for crypto-assets, their issuers, and service providers, enhancing investor security and mandating AML compliance. The regulation covers utility tokens, asset-referenced tokens, stablecoins, and service providers like wallets and trading platforms.

The EU's Regulation on Digital Operational Resilience (DORA), effective January 2025, ensures high digital resilience in the financial sector, with requirements for managing ICT risks and reporting incidents. The Bank of Slovenia supports fintech through its Fintech Innovation Hub (FIH), which provides guidance on regulatory requirements and innovative financial models.

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How is Crypto Taxed in Slovenia?

In Slovenia, the Financial Administration of Slovenia (FURS) requires individuals to pay personal income tax on cryptocurrency income, except for capital gains from trading, since digital currencies aren’t considered financial instruments. The status of "permanent business activity" for traders remains unclear, with no specific criteria. 

Corporations are taxed 19% on capital gains from digital assets. A 15% withholding tax applies to foreign payments for dividends, interest, and certain services, adjustable by double taxation agreements. The standard VAT rate is 22%, but crypto transactions like Bitcoin exchanges are VAT-exempt, following EU court rulings. 

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How to Buy Bitcoin in Slovenia

For beginners interested in cryptocurrency investment, here’s a simple guide on how to buy Bitcoin through a digital asset exchange in Slovenia:

1. Open an Account: Visit a reputable exchange's website and create an account. Click on "Sign Up" and complete the verification process by uploading a photo ID and potentially a selfie or proof of address.
2. Deposit Euros (EUR): Navigate to the deposit section of your account, select EUR as your deposit currency, and enter the amount you wish to transfer. Confirm and complete the transaction using your preferred deposit method.
3. Select Cryptocurrency: Search for Bitcoin (BTC) in the trading section. Choose the EUR/BTC pair to view the current market rate. Explore the available trading options, such as market and limit orders.
4. Execute Trade: Click 'buy' or 'trade' to purchase Bitcoin. Enter the amount of Bitcoin you wish to buy or the amount of EUR you want to spend. Confirm the order details, including price and fees, and finalize the trade.

This guide helps Slovenian users start trading digital assets by outlining the steps from account setup to executing trades.

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Bottom Line

In conclusion, Slovenia's supportive regulatory environment and growing investor interest make it an ideal place for cryptocurrency trading. The country ensures a secure and transparent crypto market with guidance from the FSB and adherence to EU regulations like MiCA. Top exchanges like eToro, Bybit, MEXC, Gate.io, and Uphold offer diverse features and reliable services.