6 Best Crypto Exchanges in Denmark (May 2022)

March 14, 2022
Blog

It might seem hard to pick a crypto exchange – there are many coming out every day and the market is always shifting. I keep up with the latest and greatest exchanges looking for the lowest fees and best features; I’m confident these are the best exchanges available in Denmark

CoinSmart is the favorite among crypto investors looking for the lowest fees, bank-level security using cold storage technology, and a user-friendly platform. With CoinSmart you can trade 16 different cryptocurrencies and altcoins directly.

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Offer ends May 19.

1. CoinSmart 

CoinSmart: best crypto exchange Canada

CoinSmart is, without a doubt, the best crypto exchange in Europe in 2022. If you haven’t heard of them, that’s because they’ve been pouring money into improving their trading experience, not marketing. Still, if you ask any experienced crypto trader, they’ll tell you the same thing: CoinSmart is the best in the business.

CoinSmart’s trading fees are an incredibly low 0.20%. They offer excellent customer support via phone, live chat and email, and user accounts are verified instantly.

As a Canadian exchange, CoinSmart is regulated by several Canadian financial authorities, which keeps your money safe and secure. CoinSmart is also a publicly-traded company on Toronto’s NEO stock exchange, which means they’re subject to third-party financial and security audits at least once per year.

Most exchanges require users to trade every altcoin first with a stablecoin (eg. Chainklink with Bitcoin, and then Bitcoin with Shiba Inu), but CoinSmart allows users to trade altcoins directly (eg. Chainlink with Shiba Inu), minimizing fees and boosting their profits. And you’re buying real crypto with CoinSmart, which means you can move it on and off the exchange whenever you want.

I’ve personally used CoinSmart for more than a year now and have had nothing but excellent experiences with them. I’ve tried out many of the other cryptocurrency exchanges on this list, so I’m confident that CoinSmart is the best place to buy crypto in most European countries.

Features

  • Extremely low trading fees (just 0.20% per trade)
  • 24/7 customer support available via phone, live chat or email
  • Instant account verification
  • Supports 16 cryptocurrencies
  • Trade all altcoins directly
  • Immediate deposits and withdrawals
  • User-friendly for both beginners and advanced traders
  • 95% cold storage policy keeps your crypto extra secure

Cost

  • Trading Fees: 0.20%

Signup Bonus

$20 bonus when you sign up using this link

Best For

Investors looking to trade stablecoins or altcoins with the industry’s lowest fees.

CLAIM MY $50 BONUS
Offer ends May 19.

2. Coinbase

Coinbase is an American cryptocurrency exchange that was originally founded in 2012. It’s based in San Francisco and it’s one of the oldest cryptocurrency exchanges in the world. It’s also the second-largest crypto exchange in the world, the first being Binance.

Coinbase was designed to be one of the easiest places to buy, sell, and trade cryptocurrency, and it serves retail investors, businesses, and institutions alike. The sign-up process is quick, and after you create your account you will gain access to your personal online wallet.

Originally, Coinbase only supported Bitcoin, but it now supports over 100 of the biggest cryptocurrencies like Bitcoin, Bitcoin Cash, Cardano, Ethereum, and Litecoin. As a new user, you will receive a $10 bonus, and trading fees range from $0.99 to $2.99 for trades below $200 and from 1.49% to 3.99% for trades over $200.

Features

  • Supports 100+ cryptocurrencies
  • Coinbase Pro, access to research tools and graphs
  • Coinbase Earn, earn crypto for free by watching tutorials
  • Manage your crypto from your phone with the Coinbase Wallet app
  • Secure platform, Biometric auth, 2FA and access to Secure Enclave
  • User-friendly for both beginners and advanced traders
  • Earn rewards by staking certain coins

Cost

  • Account Opening: Free
  • Purchase Fees (Below $200): Flat fee, from $0.99 to $2.99 per transaction.
  • Purchase Fees (Over $200): 1.49% (US banks), 3.99% (Debit Card and PayPal)
  • Credit Transaction: 2% 
  • Bank Account:1.49%
  • Wire Transfers: From $10 to $25
  • ACH Transfer: Free

Signup Bonus

$10 bonus when you sign up using this link.

Best For

New investors looking for an easy-to-use platform or for veteran investors looking for advanced research tools.

3. Binance

Binance is an international cryptocurrency exchange that currently serves as the world’s largest crypto trading platform by volume of daily trading. It began operations in 2017 and is now headquartered in the Cayman Islands.

Binance was founded in Hong Kong but later moved its headquarters overseas due to increased government intervention in cryptocurrencies. It has several notable characteristics, including powerful charting tools and access to the Binance Earn feature, as well as a Binance Visa Card.

Features

  • The largest array of supported cryptocurrencies (300+)
  • Wide array of supported fiat currencies (50+)
  • Binance Earn feature
  • Binance Visa Card
  • Advanced charting tools
  • Earn lower fees by using the exchange’s native currency (Binance Coin)

Cost

  • Crypto deposit fees: Free
  • Fiat deposit fees: From 0% to 3.5%
  • Crypto withdrawal fees: From 0% to 2,5%
  • Taker fees: From 0.04 to 0.1%
  • Maker fees: From 0.02 to 0.1%
  • Futures trading maker fees: 0.02%
  • Futures trading taker fees: 0.04%
  • Instant buy/sell trade fees: 0.5%
  • Debit/credit card purchases: 4.5%

Best For

International cryptocurrency investors that are interested in investing in rare or relatively unknown altcoins.

4. Bybit

Bybit is a crypto exchange with a wide range of trading tools, and it is one of the few exchanges that offers access to crypto derivatives, such as futures. Its trading fees start at 0.1%, and withdrawal fees vary depending on the cryptocurrency.

Bybit supports 15 of the largest cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. Additionally, it stores 100% of your funds in cold storage, and reviews each withdrawal request to prevent unauthorized transactions. 

As a new Bybit user you’ll receive a $40 bonus after funding your account. You also have the option to place up to 100x leverage on your crypto trades.

Features

  • Advanced trading options
  • Supports 15 cryptocurrencies
  • 100x leverage on crypto
  • Access to charts and data
  • Demo account and test-net environment
  • Educational resources
  • 24/7 multilingual customer support available 
  • Instant account verification

Cost

  • Account Opening: Free
  • Trading Fees: From 0.1% to 1.0%
  • Withdrawal Fees: Depends on the currency
  • Derivatives Fees: From 0.01% to 0.06%
  • Maker’s Rebate: 0.025%
  • Taker’s Fees: 0.075%

Signup Bonus

$40 bonus when you sign up using this link.

Best For

Knowledgeable investors looking for crypto trading, top-level security and derivatives.

5. BitPanda

BitPanda is an Austrian cryptocurrency exchange that was established in 2014 and has since become one of the most popular cryptocurrency exchanges in Europe for buying and selling digital currencies.

The exchange is a popular choice among many individuals since it features a user-friendly and easy-to-use design for purchasing, selling, and trading cryptocurrencies. The exchange also has a variety of payment choices that may be used by novice cryptocurrency users to acquire Bitcoin (BTC)Ethereum (ETH), and many other crypto coins.

Features

  • Easy-to-use and intuitive platform
  • Wide array of crypto assets supported (+25)
  • Wide array of payment and withdrawal methods
  • Fast customer support available 24/7

Cost

  • Trading fees: 5% per trade

Best For

Investors new to the world of cryptocurrency trading looking for an easy-to-understand crypto exchange.

6. eToro

eToro is one of the largest crypto exchanges in the world with offices in Cyprus, Australia, the UK and the US. In 2010 it released its innovative CopyTrader feature, which enables users to copy the positions of successful traders automatically.

Since then, eToro continued to expand and is now available worldwide, with over 25 million users in over 150 countries. eToro’s primary offering is its crypto exchange, but it also provides services as a brokerage and forex trading platform.

New eToro users receive a $50 bonus upon funding their account, and you can use it to buy any of the 17 cryptocurrencies available, including some of the biggest like Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. eToro trading fees start at 0.75% per trade.

Features

  • CopyTrader, automatically copy a traders’ positions
  • Forex and equity trading
  • Crypto-to-crypto conversion
  • Supports 17 cryptocurrencies
  • Free digital wallet for your crypto
  • Highly rated mobile app
  • Free Demo account with $100,000

Cost

  • Account Opening: $10
  • Trading Fees: From 0.75% to 2.90%
  • Spreads: From 0.75% to 5.00% 
  • CopyTrader: Free. Min. investment $200, max $500,000

Signup Bonus

$50 bonus when you sign up using this link.

Best For

Investors looking to invest in crypto, forex, or equities, and who want access to crypto-to-crypto-conversion.

Best Crypto Exchanges In Denmark FAQs

Can I Buy Cryptocurrency In Denmark?

Yes, you can buy cryptocurrency in Denmark if you use a cryptocurrency exchange. In particular, we recommend that you use exchanges like CoinSmart or Coinbase, as these will allow you to buy many different crypto coins with relatively low fees.

Is It Legal To Buy And Trade Crypto In Denmark?

Yes. In 2013 Denmark’s Financial Supervisory Authority (FSA) declared cryptocurrencies out of their regulatory authority, and so it doesn’t prevent anyone from trading crypto.

Is Crypto Trading Taxable In Denmark?

Yes. Corporate, companies and institutional investors that generate an income from trading cryptocurrencies will be taxable. Individual taxes may apply depending on the use of the token; losses are not deductible as business losses, even if the value of the cryptocurrency drops. However, losses on the sales of select cryptocurrencies are tax-deductible (e.g. Bitcoin).

What Is The Best Bitcoin Trading Platform In Denmark?

The best exchange to buy Bitcoin in Denmark is CoinSmart, which offers bank-level protection and incredibly low fees. CoinSmart also supports 13 cryptocurrencies, processes deposits and withdrawals quickly, and validates accounts in 2 minutes or less.

CoinSmart is the best cryptocurrency exchange in Denmark if you want to buy Bitcoin and other cryptocurrencies.

What Is The Best Crypto Exchange In Denmark?

The best cryptocurrency exchange in Denmark is CoinSmart, followed by Coinbase and CEX.io. CoinSmart has a 95% cold storage policy, low trading fees, and a well-rated mobile app.

Conclusion

It might seem hard to pick a crypto exchange – there are many coming out every day and the market is always shifting. I keep up with the latest and greatest exchanges looking for the lowest fees and best features; I’m confident these are the best exchanges available in Denmark

CoinSmart is the favorite among crypto investors looking for the lowest fees (0.20%), bank-level security using cold storage technology, and a user-friendly platform. With CoinSmart you can trade 13 different cryptocurrencies and trade altcoins directly.

Before You Go

Here’s a full updated list of the Best Crypto Exchanges by country, in America and Europe:

America:

Europe:

The Best Crypto Exchanges In Canada

Best Overall

Supports: 16 cryptocurrencies
Security: 95% cold storage
Trading fees: 0.2%

$50 bonus ends May 19.

★★★★★

Rated 4.9/5

Lowest Fees

Supports: 17 cryptocurrencies
Security: 95% cold storage
Trading fees: 0.1% - 0.2%

Free account, instant verification

★★★★★

Rated 4.8/5

Best For Altcoins

Spreads: ~0.5%
Security: 95% cold storage
Signup bonus: $30

Low spreads, great platform.

★★★★

Rated 4.5/5