In Austria, buying and selling cryptocurrencies is facilitated through exchanges that offer user-friendly services with an easy registration process and various payment methods such as bank transfer, SEPA payments, Austrian Online banking, etc.
The activities of these crypto exchanges are regulated by the Austrian Financial Market Authority, enabling a safe trading environment.
Top 5 Crypto Exchanges in Austria Reviewed
We have explored over a hundred crypto exchanges to develop a list of Austria’s top 5 crypto exchanges. These exchanges are famous for their user-friendly layout, wide range of trading possibilities, and fair prices.
The 5 best crypto trading platforms in Austria are:
- Bitget – Best overall Exchange in Austria
- Bitpanda – Best Exchange with multiple markets
- BingX – Best platform for copy trading in Austria
- Blofin– Best exchange for futures trading in Austria
- Kraken – Most user-friendly exchange in Austria
| Exchange | Cryptos | Spot Fees | Future Fees | Max Leverage | Bonus | KYC |
|---|---|---|---|---|---|---|
| 1. Bitget | 871+ | 0.10% / 0.10% | 0.02% / 0.06% | 125x | $20,000 | Yes |
| 2. Bitpanda | 200+ | 0.15% / 0.15% | N/A | None | €10 | Yes |
| 3. BingX | 824+ | 0.10% / 0.10% | 0.02% / 0.05% | 200x | $5,000 | No |
| 4. BloFin | 394+ | 0.10% / 0.10% | 0.02% / 0.06% | 150x | $5,000 | No |
| 5. Kraken | 185+ | 0.16% / 0.26% | 0.02% / 0.05% | 50x | None | Yes |
1. Bitget
Bitget was founded in April 2018 and has since offered its users secure and dependable investment services.
With over 2 million users worldwide and a daily trading volume of about $3,655,048,717, Bitget stands out among other exchanges in Austria due to its efficient and excellent services.
Bitget supports over 500 digital assets, making it one of the exchanges with the highest trading opportunities. With low trading fees, passive income products, a good spot, leverage of up to 100x, and the possibility to trade anonymously without KYC, Bitget offers all that traders in Austria need.
One of the most excellent perks of Bitget is its popular copy-trading feature that allows novices to copy techniques from more professional traders easily. This feature benefits those who enter the market without experience and want to learn from the best without wasting much time.
The Bitget mobile App is easy to navigate and is available on both Google Play Store and App Store with a rating of 4.5 stars.
The platform supports free fiat onramps on the Euro. This lets users quickly deposit euros to the exchange via e-banking or bank transfer. It also allows easy withdrawals to cash into your local bank account.
If you want to learn more about Bitget check out our full review here.
Supported Assets: Over 500+ cryptocurrencies
Spot Trading Fees: 0.1% maker / 0.1% taker
Futures Trading Fees: 0.02% maker / 0.06% taker
Deposits & Withdrawals: Euro € deposits and withdrawals via Bank Transfer
Licensed & Regulated: Regulated by FSA, CySEC, and FinCEN with MSB license.
Bitget Pros & Cons
| 👍 Bitget Pros | 👎 Bitget Cons |
|---|---|
| ✅ Free Euro deposits | ❌ Advanced Features are confusing for beginners |
| ✅ Very user friendly | ❌ Limited Educational Resources |
| ✅ 500+ Cryptos | ❌ Not available in US |
| ✅ Copy Trading | |
| ✅ 24/7 Live chat support | |
| ✅ Low fees |
2. Bitpanda
Headquartered in Vienna, Bitpanda is a reputable cryptocurrency exchanger that provides excellent services to Austrians. One of its unique services is selling cryptocurrency to its users directly instead of the peer-to-peer trading model.
With over 4 million users and a trading volume of about $311,380.49 per day, Bitpanda offers diverse assets to its users, including ETFs, Stocks, and commodities like gold and silver.
Bitpanda is one of the few European exchanges that offer safe crypto-staking services. Its offerings aren’t restricted to cryptocurrency; it provides about 100+ other assets, from popular cryptocurrencies like Ethereum and Bitcoin to tokens like Solana and football tokens.
The fintech brand offers its trading platform via web exchange and an easy-to-navigate mobile app with over a million downloads.
Bitpanda makes depositing funds into your account easy with various fiat deposit options, including credit cards, bank transfers (SEPA), and services like Skrill and Neteller.
To learn more about Bitpanda, check out our full review here.
Supported Cryptos: 200+
Spot Fees: 0.15% maker / 0.1% taker
Futures Fees: No futures supported
Deposit & Withdrawal Methods: € via SEPA Transfer, PayPal, Credit/Debit Card, Klarna
Licensed & Regulated: Regulated by the Financial Market Authority (FMA).
Bitpanda Pros & Cons
| 👍 Bitpanda Pros | 👎 Bitpanda Pros |
|---|---|
| ✅ Very beginner friendly | ❌ No futures |
| ✅ 300+ cryptos available | ❌ Low liquidity |
| ✅ Simple € on/off ramps | ❌ Lacks advanced features |
| ✅ Passive income products | ❌ No proof of reserves |
| ✅ TradFi + Crypto Assets |
3. BingX
BingX is a leading crypto exchange for Austrian users, providing access to more than 690 cryptocurrencies like BTC and ETH. It also offers traditional financial instruments such as stocks, forex, and commodities with leverage options reaching up to 200x.
The exchange is known for its competitive trading fees—0.1% for spot trading, and 0.02% for makers and 0.05% for takers in futures markets. The platform is designed for both novice and experienced traders, featuring an easy-to-use interface and powerful tools like technical indicators and copy trading.
Anonymous trading is supported, but KYC verification unlocks enhanced features, including higher withdrawal limits. With zero SEPA deposit fees, BingX is an excellent choice for Austrian crypto enthusiasts
To explore more about BingX, read our comprehensive review here.
Supported Cryptocurrencies: 824+ cryptocurrencies available for spot trading.
Futures Contracts: 246+ futures contracts supported with diverse asset options.
Max. Leverage: Up to 200x leverage for futures trading.
Spot Trading Fees: Flat 0.10% fee for both makers and takers.
Futures Trading Fees: 0.02% for makers and 0.05% for takers.
Deposits & Withdrawals: Supports free Euro deposits via SEPA + credit/debit cards, MoonPay, and bank transfers.
BingX Pros & Cons
| 👍 Pros | 👎 Cons |
|---|---|
| ✅ Very reputable crypto exchange | ❌ Lacks fiat support |
| ✅ 800+ supported assets | ❌ Too advanced for beginners |
| ✅ Up to 150x leverage | ❌ P2P requires KYC |
| ✅ Low trading fees | |
| ✅ Verious products & Services | |
| ✅ Great copy trading |
4. BloFin
Blofin is an emerging cryptocurrency exchange launched in 2019, offering a selection of over 347 cryptocurrencies for spot trading and more than 329 futures contracts. It allows leverage up to 150x on futures trades, making it a favorite for active traders.
With competitive fees of 0.10% on spot trades and 0.02% for futures makers, Blofin is cost-effective. KYC completion is optional, but verified users gain access to higher withdrawal limits. The platform supports various fiat currencies such as USD, EUR, and GBP, and a wide array of payment methods including Google Pay, Apple Pay, and SEPA.
With a daily futures trading volume surpassing $9.73 billion and 24/7 customer support, Blofin is ideal for both novice and experienced traders, though it is currently restricted in regions like the US, Canada, and China. The platform is still building its reputation in the crypto space.
Supported Cryptocurrencies: 394+
Futures Contracts: 329+
Max. Leverage: 150x
Spot Trading Fees: 0.10% (maker/taker)
Futures Trading Fees: 0.02% (maker), 0.06% (taker)
Deposits & Withdrawals: Supports free Euro deposits via SEPA + credit/debit cards, Simplex, Alchemy Pay, and Apple Pay.
BloFin Pros & Cons
| 👍 Blofin Pros | 👎 Blofin Cons |
|---|---|
| ✅ Low trading fees | ❌ Relatively new |
| ✅ Beginner friendly | ❌ Limited payment methods |
| ✅ 150x leverage | ❌ No fiat withdrawals |
| ✅ Copy trading | |
| ✅ Full proof of reserves | |
| ✅ Free demo trading |
5. Kraken
Kraken is one of the oldest crypto exchanges, founded in 2011, just a few years after the launching of Bitcoin. Having a trading volume of about $18,519,368 and over 10 million users, the platform is rated as the 3rd best spot trading crypto exchange globally on CoinMarketCap.
One thing that makes Kraken a good option for Austrians is the wide range of services it offers to its users, ranging from spot futures, margins, NFT trading, indices, stacking, and OTC.
A Kraken account allows users to trade crypto easily using a linked bank account and handily convert between various cryptocurrencies within their bank account. The exchange also offers a staking feature, thus allowing users to earn interest on their crypto investment.
Their online platform was designed with amateurs in mind, having a straightforward interface. Pre-funding your account is unnecessary; you can easily buy crypto directly from your bank account.
Kraken supports deposits and withdrawals through bank transfers, online banking, and the use of credit cards.
To learn more about Kraken, check our full review here.
Supported Assets: 240+
Spot Trading Fees: 0.16% maker / 0.26% taker
Futures Trading Fees: 0.02% maker / 0.05% taker
Deposits & Withdrawals: Euro € deposits and withdrawals via Bank Transfer, Debit/credit card
Licensed & Regulated: Regulated by the Austrian Financial Market Authority (FMA).
Kraken Pros & Cons
| 👍 Kraken Pros | 👎 Kraken Cons |
|---|---|
| ✅ Low futures fees | ❌ High spot trading fees |
| ✅ Cheap Euro support | ❌ Lacks more advanced features |
| ✅ Very secure and reliable | ❌ Low amount of supported crypto assets |
| ✅ User-friendly interface | |
| ✅ Great mobile app |
Is Crypto Legal In Austria?
Yes, the Austrian government has legalized crypto trading in the country. It is regulated by the Austrian Financial Market Authority (FMA). Though cryptocurrency and other related assets aren’t considered legal tender, FMA guidelines allow citizens to trade in crypto and use it as a payment form.
Enthusiasts can purchase cryptocurrency from reliable exchange platforms or individual sellers in Austria. It is recommended that users trade crypto with exchanges registered with FMA and comply with Know your Customer (KYC) and Anti Money Laundering (AML) Regulations. The discussions reviewed in this article are fully licensed and allowed to operate in Austria.
Austrians can legally engage in crypto trading and are expected to report their profits as capital gains for taxation. It’s recommended that users discuss with local tax advisors to gain insight into the local tax laws.
How to Buy Crypto in Austria
Buying crypto from an Austrian crypto exchange is easy. Below is a complete guide on how to buy your first cryptocurrency:
- Choose an FMA-compliant platform: There are a lot of exchanges out there. Consider going for the one that fully adheres to the policies and regulations in austria such as AML laws and KYC requirements. Overall, Bitget is the best option as it complies with AML laws and offers free Euro deposits.
- Account sign-up and verification: Fill in all the required information, such as email address, password, and identification for KYC.
- Deposit EUR: Fund your account using a traditional bank transfer, online banking method, credit card, debit card, or SEPA Transfer.
- Acquire cryptocurrency: Choose your desired cryptocurrency and the specific amount you want to purchase in Euro or another cryptocurrency, then confirm your transaction.
- Secure your assets: To enhance security, transfer your cryptocurrency to a verified crypto wallet.
Final Thoughts
Cryptocurrency has experienced rapid growth in Austria over the last few years thanks to FMA, which provides regulations keeping buyers and sellers safe. It’s easy to start trading bitcoin in Austria: choose a licensed exchange platform like Bitget, BloFin, or Kraken, create an account, and start trading.
After carefully reviewing over 100 crypto exchanges, we recommend Bitget as the best option for Austrian crypto investors. The exchange platform provides an easy way to trade your first coins at low trading fees. It also offers copy trading, thus making it beginner-friendly. Other good options include Bitpanda, and BingX for those seeking high leverage up to 200x and advanced features like copy trading.
Happy trading!
