Top Crypto Trading Platforms in Sweden

‍Swedish crypto investors must use regulated platforms that support SEK deposits and adhere to Financial Supervisory Authority (FSA) regulations. We recommend selecting a platform with transparent proof-of-reserves, low investment fees, multiple local payment methods and a Swedish interface. Below is a comparison of the top five crypto trading platforms in Sweden.

1. Binance

Binance is the largest cryptocurrency exchange in the world, serving over 261 million users across Sweden and 100+ other countries. It offers extensive trading services, from spot and margin trading to options markets and perpetual contracts settled in USDT, USDC and cryptocurrency.

Due to its widespread availability, Binance is accessible in 44 languages, including Swedish, and it facilitates deposits in SEK and other fiat currencies. The platform supports over 350 digital currencies for spot trading and over 400 derivatives contracts to trade with up to 50x leverage supported.

Beyond trading, Binance Earn provides multiple earning opportunities. It offers staking, savings accounts, lending and borrowing services, and auto-invest features. Additional services include the Launchpad, which provides early access to new token sales, copy trading, trading bots, and the NFT marketplace.

• Fees: 0.1% trading fees with discounts for BNB holders and VIP traders.
• Supported Assets: 350+ cryptocurrencies.
• Regulation & Licensing: Binance Nordics AB has been granted registration by the Swedish Financial Supervisory Authority (registration number 66822).
• SEK Deposit Methods: SEPA bank transfers, debit/credit cards, Zen, and P2P transactions.

2. Kraken

Kraken is an institutional-grade cryptocurrency exchange operating since 2011, serving over 10 million clients in 190+ countries, including Sweden. Known for its deep liquidity, low spreads, advanced trading tools, and personal account managers, it is preferred for institutions and professional traders. 

It supports 360 digital assets for spot and margin trading with up to 5x leverage, plus over 100 futures contracts. Security and transparency are central to Kraken’s operations. The platform conducts regular Proof of Reserves audits, ensuring that customer funds are fully backed on a 1:1 basis and always accessible. 

Kraken’s staking program allows users to earn up to 21% APY on popular assets like Ethereum and Solana. Swedish users can access the platform through Kraken Pro, featuring customizable trading dashboards, deep order books, real-time analytics, and an Over-The-Counter (OTC) trading desk.

• Fees: Maker fees start at 0.16% and taker fees at 0.26%.
• Supported Assets: Over 360 cryptocurrencies.
• Regulation & Licensing: Registered as a VASP across Europe and available in Sweden.
• SEK Deposit Methods: Bank transfers, credit cards, debit cards, Apple Pay and Google Pay.

3. KuCoin

KuCoin is a leading global exchange with over 39 million users across 200+ regions. Launched in 2017, it has built a reputation for offering high staking rewards, diverse trading products, and innovative financial tools. Swedish traders can access over 900 cryptocurrencies on spot, futures, and options markets. 

The staking and lending programs provide some of the highest rewards in the market. With KuCoin Earn, users can stake assets with flexible or locked terms, earning up to 50% APY on select tokens. The crypto lending service allows investors to lend their assets to margin traders and earn interest.

The platform supports spot trading, futures trading, leveraged tokens, pre-market trading and an automated trading bot. KuCoin’s GemSPACE gives users early access to new and promising altcoins. Security is reinforced with Proof of Reserves verification, strong encryption, and multi-layered protection.

• Fees: 0.1% for both makers and takers, with discounts available for those paying with KuCoin's native token (KCS).
• Supported Assets: Over 900 cryptocurrencies.
• Regulation & Licensing: Not regulated in Sweden but accessible for users.
• SEK Deposit Methods: Credit and debit cards.

4. Gate.io

Gate.io is known for its massive selection of over 3,700 digital assets, making it one of the best platforms for altcoin traders in Sweden. Launched in 2013, it is home to 21 million registered users worldwide and is a go-to exchange for those seeking early access to new crypto projects like meme coins or altcoins.

The exchange offers a feature-rich trading experience, including spot trading, futures trading, margin trading, ETFs, copy trading, and leveraged trading up to 125x. It provides a secure trading environment with Proof of Reserves verification, robust encryption, and multi-signature cold wallets.

For passive income, Gate Earn aggregates interest-bearing products from multiple DeFi protocols, providing users with staking, lending, and yield farming opportunities. The platform also features copy trading, enabling users to mirror the strategies of top traders in spot and futures markets.

• Fees: 0.1% for maker orders and 0.2% for taker orders.
• Supported Assets: More than 3,700 digital assets.
• Regulation & Licensing: While not directly licensed in Sweden, it remains accessible to Swedish users.‍
• SEK Deposit Methods: Bank transfers, debit cards, credit cards, PayPal and Apple Pay.

5. Safello

Safello is Sweden’s most trusted cryptocurrency exchange, serving over 400,000 customers since its launch in 2013. Based in Stockholm, it is a fully regulated financial institution under the Finansinspektionen, providing a safe and compliant platform for buying, selling, and storing cryptocurrencies. 

Designed for Swedish investors, it offers instant SEK deposits via Swish and Bankgiro, allowing for seamless transactions. Unlike global exchanges that cater to multiple markets, Safello operates exclusively in Sweden, offering a localized experience with full compliance. 

The platform supports BankID login for secure access and integrates Fireblocks MPC technology to provide institutional-grade wallet security. Additionally, Safello is publicly listed on the Nasdaq First North Growth Market. Safello has also partnered with Divly to simplify the tax reporting process for local investors.

• Fees: Tiered volume-based fees ranging from 1% to 5%.
• Supported Assets: Supports 50 cryptocurrencies.
• Regulation & Licensing: Registered with the Swedish Financial Supervisory Authority.‍
• SEK Deposit Methods: Mobile BankID, Swish and Bankgiro.

Is Crypto Regulated in Sweden?

​Sweden has a comprehensive regulatory framework for cryptocurrency, aligning with the European Union's Markets in Crypto-Assets (MiCA) regulation. In December 2024, the Swedish government enacted legislation integrating MiCA into its financial system, providing clear guidelines for crypto-asset issuers and service providers.

While cryptocurrencies are not recognized as legal tender under Swedish law, the Swedish Financial Supervisory Authority (Finansinspektionen) oversees compliance, licensing, and financial oversight within the sector. Crypto exchanges and wallet providers operating in Sweden must adhere to stringent anti-money laundering (AML) and know-your-customer (KYC) policies. 

How is Crypto Taxed in Sweden?

The Swedish Tax Agency (Skatteverket) governs crypto taxation, treating it as an asset rather than currency. Investors, traders, and businesses dealing in crypto must comply with Sweden’s tax laws to avoid penalties.

Here is a breakdown of cryptocurrency taxation in Sweden:

• Capital Gains Tax: Individuals selling crypto for a profit must report gains as capital income, taxed at a flat rate of 30%. Losses can be offset, but only 70% of capital losses are deductible.
• Income Tax: Cryptocurrencies are taxed as income if they are received as payment for goods, services, or mining activities. National income tax applies at 20% for annual incomes exceeding 598,500 SEK, while municipal tax rates vary by locality but average around 32%.
• Interest Income Tax: Earnings from activities like staking are categorized as interest income and taxed at a flat rate of 30%.

Swedish investors must ensure proper tax reporting, as Skatteverket actively monitors crypto transactions. It is advisable to consult a tax professional to stay compliant and optimise tax liabilities.

Cryptocurrency Adoption in Sweden

Sweden’s cryptocurrency market is steadily expanding, with revenue projected to reach $239.5 million by the end of 2025. The country's crypto users are expected to reach 3.53 million or 32.86% of the population.

Sweden's crypto ecosystem primarily revolves around exchanges, neobrokers, and neobanks, which facilitate the buying, selling, and trading of digital assets. Leading platforms such as Coinbase, Binance, and Safello provide Swedish users secure access to cryptocurrency investments.

‍How to Buy Bitcoin in Sweden

Swedish investors can purchase Bitcoin through regulated cryptocurrency exchanges that support Swedish Krona (SEK) deposits and comply with local financial regulations. Follow these steps to securely acquire Bitcoin in Sweden:​

1. Select a Trusted Exchange: Choose a reputable platform that operates in Sweden. Exchanges like Safello, Coinbase, and Binance provide compliant trading experiences.
2. Complete Identity Verification: Register an account and fulfill the Know Your Customer (KYC) requirements by submitting a government-issued ID and proof of residence.​
3. Deposit Swedish Krona (SEK): Fund your exchange account using bank transfers, debit or credit cards, or other supported payment methods.
4. Buy Bitcoin (BTC): Navigate to the BTC/SEK trading pair, enter the amount of Bitcoin you wish to purchase, review the transaction details, and confirm the transaction.​

By using regulated exchanges that comply with MiCA measures, users can confidently buy and hold Bitcoin while ensuring compliance with local financial regulations.​

Final Thoughts

When choosing a cryptocurrency exchange in Sweden, investors should prioritize security, regulation, and trading features that align with their needs. 

Platforms like Binance and Kraken offer global regulatory compliance and advanced trading tools, while Safello provides a fully regulated, localized experience. KuCoin and Gate.io cater to traders looking for high staking rewards and diverse altcoin selections.