8 Best Crypto Exchanges In Spain (Jan 2023)

November 14, 2022
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Best Crypto Exchanges Canada

Choosing the best cryptocurrency exchange in Spain isn’t easy, given all the options out there and the different features each of them offers. As an avid crypto investor myself, I diligently keep up with the movements of the top exchanges in Spain, and have made my selections below based on years of research and personal experience.

Pepperstone is the favorite among knowledgeable Spanish crypto investors, both for its high level of security and for its ease of use. Pepperstone's fees are also extremely low, so if you’re looking for a secure, cost-effective way to buy and sell crypto in Spain, I can’t recommend Pepperstone highly enough.

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Extremely secure platform.

Here’s something you may not realize: the cryptocurrency exchange you choose matters. Your choice will impact how profitable your trades are, how easily you can buy and sell coins, and whether you can use it in Spain at all.

Fortunately, I've been investing in crypto for more than 9 years, and I frequently update my list of the top platforms below. So if you’re looking for a safe and secure crypto exchange that’s easy to use, supports the Euro, and is compatible with the biggest financial institutions in Spain, you’ve come to the right place.

Here are my top picks for the best crypto exchanges Spain has to offer.

1. Pepperstone – Best Overall

#1 Best Overall

Trading Fees: 0%
Security: Best in class
Customer Support: Excellent

Best overall + lowest fees.

★★★★★

Rated 4.9/5

Avatrade allows users to trade crypto alongside stocks, commodities, forex, market indices, ETFs and more—all without any trading fees. It supports dozens of cryptocurrencies, and users can trade with up to 20x leverage on crypto (up to 200x leverage on other assets).

Avatrade charges a tight spread ranging from 0.1% – 0.3% (depending on the asset), making the overall cost of using the platform (0% trading commissions + 0.1% – 0.3% spreads) very low. It has a fully functional desktop platform, a well-rated mobile app (4.3/5 on Android and iOS), and an excellent demo account where you can practice trading with real assets in real-time.

Avatrade is licensed by the Australian Securities and Investments Commission (ASIC) and the Central Bank of Ireland in Europe, which means it’s a safe, secure platform. Every user has direct contact with their account manager via phone, email and live chat, one of the reasons Avatrade’s customer support team receives such positive reviews.

Deposits and withdrawals are always free with Avatrade, and you’ll never pay trading commissions regardless of whether you place spot orders or limit orders. Capital is ISO 27001 certified for meeting robust information security standards, making it an extremely safe platform to trade with.

I’ve personally used Avatrade for more than 4 years, and based on my experiences and those of millions of other users, I can’t recommend it highly enough. 

Features

  • Zero trading commissions
  • Tight spreads (0.1% – 0.3%) 
  • Supports dozens of cryptocurrencies
  • Allows up to 200x leverage (20x leverage on crypto)
  • Fully functional demo account for paper trading
  • Free deposits and withdrawals via debit/credit cards, bank transfer, POLi, PayPal, Apple Pay, etc.
  • Dedicated customer support team you can reach at any time
  • Excellent desktop trading platform
  • Well-rated mobile app (4.3/5 on both Apple and Google)
  • Licensed by the Australian Securities and Investments Commission (ASIC)
  • ISO 27001 certified for meeting extremely high information security standards

Cost

  • Trading fees: 0%
  • Spreads: 0.1% – 0.3%
  • Deposits & Withdrawals: Free

Best For

Investors looking for the best overall crypto trading experience with no trading commissions.

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Sign up by January 30, 2023.

2. Crypto.com

Best For Altcoins

Trading fees: 0.4%
Security: 95% cold storage
Signup bonus: $10

Trade with 10x leverage.

★★★★

Rated 4.3/5

Crypto.com is a major global player that brings a mature, proven exchange to experienced crypto investors. It supports 100+ cryptocurrencies, making it an ideal fit for anyone looking to invest in undiscovered altcoins before the masses.

Crypto.com offers some unique features that no other cryptocurrency exchanges can match. Users can trade options and futures contracts, earn interest by staking their coins, and make trades with up to 10x leverage when they feel particularly confident in a coin.

Crypto.com also has invested an enormous amount of money into its platform security, which makes trading with them extremely safe. The exchange is lightning quick (prices update dozens of times per second), which gives day traders an upper hand over the rest of the market.

Overall, Crypto.com is a solid exchange for investors looking to cash in on brand new altcoins.

Features

  • Average trading fees (0.4%)
  • Supports 100+ cryptocurrencies
  • Allows up to 10x leverage
  • Trade crypto derivatives (futures and options contracts)
  • Earn daily interest by staking your coins
  • Purchase newly-listed coins at up to 50% off
  • Free deposits from all cryptocurrencies

Cost

  • Account Opening: Free
  • Trading Fees: 0.4%

Best For

Investors looking to buy altcoins and other new crypto assets before they go mainstream.

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Extremely secure, 10x leverage

3. eToro

eToro is one of the largest crypto trading platforms in the world. 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.

eToro offers 17 cryptocurrencies, including some of the biggest like Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. eToro trading fees start at 1% per trade, and fees are always shown when you open or close a position.

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: Min. investment $200, max $500,000

Best For

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

4. CMC Markets

CMC Markets is a leveraged trading platform headquartered in the UK. It’s one of the largest investing platforms in terms of volume, with over 1 million active traders across all their markets. CMC Markets supports 18 crypto assets, including a mix of the largest cryptos like Bitcoin and Ethereum and some up-and-coming altcoins with potential like NEO, Cardano, and TRON.

CMC Markets aggregates crypto prices from 15+ exchanges and data sources to offer very competitive prices. They also offer another way to gain exposure to crypto: Crypto Indices. Crypto Indices are diversified crypto baskets – by purchasing a crypto basket, you gain access to the crypto sector as a whole.

In terms of pricing, CMC Markets is ahead of many exchanges – for starters, it doesn’t charge trading fees; you will only pay very small spreads (0.02% for purchases, 0.09% for selling). 

They also have a program called Alpha: if your monthly trading volume reaches the minimum, you will immediately gain access to additional features like a dedicated account manager, VIP service, and preferential pricing on crypto assets.

CMC Markets users can also access global markets, including commodities, shares, indices, CFDs, and FX – all in one place. Their mobile app is available on Android and iOS, and they have excellent reviews on Trustpilot, averaging a rating of 4.2/5.

Features

  • Supports 18+ cryptocurrencies
  • Access to diversified Crypto Baskets
  • App available for Android (3.5/5 rating) and iOS (4.1/5 rating)
  • Demo environment
  • For Alpha users: Data analysis and In-depth market insights

Cost

  • Trading Fees: Free 
  • Spread: 0.07%

5. Bit2Me

Bit2Me is a highly regulated crypto exchange based in Alicante, Spain. Bit2Me is part of a very select group of crypto exchanges: it offers FDIC insurance for up to €250,000, through its partnership with the largest banks in Spain, like ING Direct, Abanca, Caja Popular, and Bankinter.

Bit2Me supports over 70 of the largest cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, and Litecoin. It allows fiat-to-crypto purchases so it’s ideal for new investors looking to buy their first crypto, and assets are kept offline in cold storage, for added security. 

As a new Bit2Me user you will receive a €5 bonus after your first purchase, and with its referral program, you can earn up to $1,000 by inviting friends and family.

Features

  • Bit2Me Card
  • Supports 70 cryptocurrencies
  • Compliance with IBAN payment protocols
  • Supports fiat-to-crypto trades
  • Educational programs for new investors
  • Insured and your assets are stores in cold storage
  • ATMs available across Europe
  • API Integration and Real-Time alerts

Cost

  • Trading Fees: 0.95%
  • Debit/Credit Card Deposit: From 1.99% to 4.99%
  • Maker’s Fees: From 0.16% to 0.0% (based on volume)
  • Taker’s Fees: From 0.26% to 0.1% (based on volume)
  • Bank Wire Deposit: Free
  • TIKEBIT Deposit: Free
  • SEPA Account Withdrawal: Free

Signup Bonus

€5 bonus when you sign up using this link.

Best For

Investors looking to invest in their first crypto and looking for a secure platform.

6. Localcrypto

LocalCryptos is one of the largest non-custodial, P2p crypto exchanges. Based in Finland, it works by connecting traders; it uses an automated Escrow system to secure transactions between buyers and sellers and it boasts very low fees ranging from 0.25% to 0.75%.

LocalCryptos supports the five more established cryptocurrencies: Bitcoin, Bitcoin Cash, Dash, Ethereum, and Litecoin, and it uses a Reputation System to rank traders. Keep in mind all trades are between users, so users are responsible for using the Escrow system effectively.

New LocalCryptos users that use a referral link will receive a rebate of 20% on all fees for the first couple of months. In terms of security, LocalCryptos offers 2FA authentication and customer support available 24/7, which can be reached through Twitter, telegram, or email.

Features

  • Supports 5 cryptocurrencies
  • Reputation System
  • Escrow
  • 2FA authentication and cold storage technology
  • Supports more than 40 payment options including Moneygram, PayPal, Revolut, Skrill, and Transferwise 

Cost

  • Maker’s Fees: 0.25%
  • Taker’s Fees: 0.75%
  • Deposit Fees: Free (payment providers may charge fees)
  • Withdrawal Fees: Free (payment providers may charge fees)

Signup Bonus

20% rebate on all fees using this link.

Best For

Investors looking for a secure P2p platform with plenty of payment options.

7. 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.

Why you should trust me

  • Experienced
    I bought my first cryptocurrency (Bitcoin) in 2013, bought Ethereum in 2017, and have held active accounts with at least 5 exchanges since 2018.
  • Unbiased
    All of my selections are supported by multiple data points, including crypto thought leaders, security experts, and TrustPilot reviews.
  • Deep Research
    My team and I spent more than 20 hours researching exchanges before choosing our top picks, and we update them almost daily as the industry continues to change.
My top pick →

What To Look For In A Great Spanish Crypto Exchange

I consider many different factors in my search for the best Spanish crypto exchange. Here are just a few of the more prominent ones:

  • Supported coins: The best Spanish crypto exchanges support a wide variety of coins—at least 20 or 30—including all the major coins like Bitcoin, Ethereum, and Dogecoin. Platforms that add new coins regularly tend to be more customer-focused overall, making this a strong indicator of a forward-thinking exchange.
  • User interface: Choosing a platform with an easy-to-use trading interface is important, especially for beginners. If you're a seasoned crypto investor, you'll also want to look out for exchanges that offer more advanced features like advanced order types and transaction exports for tax purposes.
  • Fees: All crypto exchanges charge fees (both in the form of trading commissions and bid-ask spreads), and they can vary by a wide margin. I've specifically chosen low-fee platforms here to help you maximize your profits.
  • Regulation: It's much safer to trade with a well-regulated exchange than an unregulated one, especially when markets aren't moving in your favor. Depositors' insurance is another safeguard offered by some exchanges, which keeps your assets safe even if the platform itself faces liquidity issues.
  • Deposit & withdrawal options: The exchange you choose should offer a variety of payment methods (bank transfers, debit/credit cards, PayPal, etc.) to ensure you can easily transfer funds in and out of your account. The more options you have, the better.
  • Security: Look for an exchange that strictly enforces multiple layers of security, such as two-factor authentication and at least 95% cold storage. Additional security measures like daily offsite backups, third-party security audits, and email confirmations on transactions make your account even more secure.
  • Customer support: The best crypto exchanges pride themselves on having well-trained, responsive support teams who can help users through any problems that come up. I pay particular attention to the channels each exchange offers support through, response times, the thoroughness and helpfulness of their responses, and user feedback on the customer support they've received.

In Summary

Choosing the best cryptocurrency exchange in Spain isn’t easy, given all the options out there and the different features each of them offers. As an avid crypto investor myself, I diligently keep up with the movements of the top exchanges in Spain, and have made my selections below based on years of research and personal experience.

OPEN FREE ACCOUNT
Extremely secure platform.

Pepperstone is the favorite among knowledgeable Spanish crypto investors, both for its high level of security and for its ease of use. Pepperstone's fees are also extremely low, so if you’re looking for a secure, cost-effective way to buy and sell crypto in Spain, I can’t recommend Pepperstone highly enough.

Best Crypto Exchange Spain FAQs

Which Spanish crypto exchange has the lowest fees?

The Spanish crypto exchange with the lowest fees is generally Pepperstone, depending on the specific crypto assets you're trading. In most cases, Pepperstone will be the cheapest option.

What’s the best crypto wallet in Spain?

The best crypto wallet is the Ledger Nano S hardware wallet. It is the best way to keep your private keys secure and, more importantly, offline. All Ledger wallets are certified by the French National Agency of Security and are among the safest and most cost-efficient wallets out there, and they support 1,200+ crypto assets, coins, and tokens.

What’s the best altcoin exchange in Spain?

The best altcoin exchange in Spain is Crypto.com. Crypto.com supports a wide variety of cryptocurrencies and regularly add more of the altcoins Spanish investors are looking for.

What is the safest crypto wallet in Spain?

The Ledger Nano S is the safest wallet available today. All Ledger wallets far exceed industry standards for security: they use tamper-resistant Certified Secure Element (SE) with Common Criteria (CC) EAL5+ chips on their nanodevices, which means your private key stays on the secure chip. It also has a proprietary operating system called Blockchain Open Ledger Operating System (BOLOS) that's successfully undergone audits from the French National Agency of Security, many other government agencies, as well as regular audits from independent security organizations. 

What’s the safest crypto exchange in Spain?

The safest cryptocurrency exchange in Spain is Pepperstone. Pepperstone strictly enforces bank-level security protocols, runs on servers in secure locations around the world, and undergoes frequent financial and security audits to ensure all of their users’ assets are completely safe. They also have some of the lowest fees of any platform in Spain and are known for being a reputable, trustworthy exchange.

How Can I Sell Bitcoin In Spain?

There are several different ways to sell Bitcoin in Spain, though the easiest is to sell it directly from the crypto wallet or exchange that you’re holding it on. Remember to be cautious whenever you transfer coins between wallets, since blockchain transactions are irreversible.

What crypto exchange is best for beginners in Spain?

The best crypto exchange for beginners in Spain is either Pepperstone or Crypto.com. Both are ideal for beginners because they verify accounts instantly, have easy-to-use trading platforms, and provide great customer support in case you need any help along the way.

Is cryptocurrency legal in Spain?

Yes, cryptocurrency is legal in Spain, and you can buy, sell and use crypto without breaking the law. However, cryptocurrency is not currently considered legal tender in Spain, which means the Spanish government and Spanish businesses are not legally obligated to accept it as payment for goods and services.

What’s the best crypto app in Spain?

The best crypto app in Spain is Pepperstone. Its mobile app is very easy to use, has a nice, modern interface, and has very good ratings and reviews on both the Apple App Store and the Google Play Store. If you live in a country like Sri Lanka or South Sudan instead, you’ll have to double-check to ensure you can get the Pepperstone app in your local app store.

What is the best crypto exchange for day trading in Spain?

The best crypto exchange for day trading in Spain is Crypto.com, since it has low trading fees, tight spreads, and its prices update multiple times per second, giving day traders an upper hand over the rest of the market.

Can the Spanish government track cryptocurrency?

Yes, Spanish tax authorities can track cryptocurrency trades and transactions—and not only when your digital assets interact with real-world institutions like banks. Some exchanges in Spain are required by law to provide the government with information about their users’ transactions, including purchase price, purchase date, sale value, and all associated KYC data. If your tax returns don’t match the data the government receives from these exchanges, you may receive a fine.

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