Cypriot crypto traders have numerous exchanges to choose from. But what is the best crypto exchange in Cyprus? If you look for an exchange in Cyprus, you should look for regulated and licensed platforms by the Cyprus Securities and Exchange Commission (CySEC). Additionally, you should take into consideration factors such as products and features, value for money, user-friendliness, reliability, supported assets, security, and more. And, of course, the exchange should support Euro € payments.
We have analyzed over 80 crypto exchanges that are legally operating in Cyprus to compile a list of the top 6 crypto trading platforms for Cypriots.
Top 6 Crypto Exchanges in Cyprus Reviewed
All crypto exchanges reviewed in this guide are legitimate and regulated crypto exchanges and licensed by the CySEC. We have selected the best options for experienced traders, but we also include options for beginners with basic features.
Read on to learn which is the best crypto exchange in Cyprus for your specific needs!
- Bitget – Best Overall Crypto Exchange in Cyprus
- BloFin – Best for Futures and Margin Trading in Cyprus
- BingX – Best for Copy Trading in Cyprus
- Bitpanda – Best Beginner Exchange in Cyprus
- OKX – Best Derivatives Exchange in Cyprus
- Uphold – Best Newbie Exchange in Cyprus
| 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. BloFin | 394+ | 0.10% / 0.10% | 0.02% / 0.06% | 150x | $5,000 | No |
| 3. BingX | 824+ | 0.10% / 0.10% | 0.02% / 0.05% | 200x | $5,000 | No |
| 4. Bitpanda | 200+ | 0.15% / 0.15% | N/A | None | €10 | Yes |
| 5. OKX | 317+ | 0.08% / 0.10% | 0.02% / 0.05% | 125x | $10 | Yes |
| 6. Uphold | 250+ | 0.95% / 1.25% | N/A | None | None | Yes |
1. Bitget
Bitget is the leading crypto exchange in Cyprus. Being regulated and licensed, the platform serves over 20 million users across the globe, including Cypriots. As Bitget is a legitimate crypto exchange, new users have to verify their identity with KYC verification.
With a user-friendly interface and tons of features, Bitget caters to beginners as well as experienced crypto traders.
Crypto traders from Cyprus can access over 500 crypto assets on Bitget while enjoying some of the lowest trading fees. With a comprehensive spot and futures market and leverage of up to 125x, Bitget provides traders with all the required tools for successful crypto trading.
Aside from trading products, Bitget offers numerous passive income options such as copy trading, staking, mining, lending, liquidity farming, and more.
As the best crypto exchange in Cyprus, Bitget also supports Euro € deposits and withdrawals. What we love most about Bitget is the value for money on the platform. With free Euro deposits via SEPA bank transfers and withdrawals with a fixed fee of only 0.5€, crypto enthusiasts from Cyprus will get the most out of Bitget. Alternatively, you can purchase Bitcoin and other cryptos on Bitget via Credit/Debit card or the P2P market.
If you want to learn more about the exchange, you can read our full Bitget review.
Spot Fees: 0.1% maker / 0.1% taker
Futures Fees: 0.02% maker / 0.06% taker
Supported Cryptos: 500+
Futures Contracts: 300+
Euro Payments: Free Euro € deposits via SEPA Bank Transfer + Crypto purchases via Credit/Debit card
Customer Support: 24/7 live chat support
2. BloFin
Launched in 2019, Blofin is an up-and-coming cryptocurrency exchange with a wide range of over 347 cryptocurrencies available for spot trading and over 329 futures contracts. It allows users to leverage up to 150x on futures contracts, making it an appealing platform for active traders.
Blofin’s fee structure is competitive, with spot trades charged at 0.10% and futures makers paying just 0.02%. While completing KYC is optional, verified users can access higher withdrawal limits. The platform supports a variety of fiat currencies such as USD, EUR, and GBP, along with convenient payment methods like Google Pay, Apple Pay, and SEPA.
With over $9.73 billion in daily futures trading volume and 24/7 customer support, Blofin caters to both beginner and expert traders. However, it is restricted in several countries, including the US, Canada, and China, and is still working on building its reputation.
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.
3. BingX
For Cyprus traders, BingX is one of the most reliable crypto exchanges, featuring over 690 cryptocurrencies like BTC and ETH, as well as stocks, forex, and commodities, all with leverage up to 200x.
The exchange is praised for its low trading fees: just 0.1% on spot trades and 0.02% and 0.05% for futures makers and takers.
BingX provides an easy-to-use platform loaded with advanced tools such as technical analysis and copy trading, making it suitable for both new and experienced traders. While anonymous trading is possible, completing KYC gives users access to extra features, including larger withdrawal limits. Enjoy SEPA deposits with no additional costs.
To discover more about the exchange, check out our comprehensive BingX review.
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.
4. Bitpanda
Bitpanda is another excellent crypto exchange in Cyprus. The simple design makes Bitpanda one of the most beginner-friendly crypto exchanges in Cyprus.
On Bitpanda, traders can access 120+ cryptos as well as stocks, indices, ETFs, and precious metals. With cheap and simple Euro deposit methods through Bank transfer, Credit/Debit card, and Google Pay, Bitpanda is a great option for traders from Cyprus.
If you want to learn more about the exchange, you can read our full Bybit analysis.
Spot Fees: 0.15% maker / 0.15% taker
Futures Fees: No futures supported
Supported Cryptos: 240+
TradFi assets: 500+
Euro Payments: Euro crypto purchases with Credit/Debit card, Netteler, and Bank Transfer
Customer Support: Only email support
5. OKX
OKX is one of the largest crypto exchanges, with over $14 billion in daily trading volume. The platform heavily focuses on derivatives trading and is, therefore, very advanced with the most advanced trading features.
We recommend OKX for experienced crypto traders seeking low fees, over 300 cryptos, 100x leverage, deep liquidity, and a reliable platform.
One downside of OKX is the lack of fiat deposit methods, as Euros can not be deposited. However, you can purchase cryptos directly in Euro via credit/debit card.
If you want to learn more about the exchange, you can read our full OKX review.
Spot Fees: 0.08% / 0.1%
Futures Fees: 0.02% maker / 0.05% taker
Supported Cryptos: 320+
Futures Contracts: 240+
Euro € Payments: No deposits, only crypto purchases supported
Customer Support: Email support
6. Uphold
Uphold is a perfect crypto exchange for beginners from Cyprus. Over 250 cryptos are supported to buy and sell on the Uphold spot market. The exchange is very well designed, making it perfect for beginners and newbies. However, Uphold lacks features for experienced and advanced crypto traders.
For Euro deposits, Uphold supports multiple payment methods such as Bank Transfer, Credit/Debit card, SEPA, Google Pay, and more. The fees range between 1% to 3.99%.
If you want to learn more about the exchange, you can read our full Uphold review.
Spot Fees: 1.4% maker / 1.95% taker
Futures Fees: No futures supported
Supported Cryptos: 250+
Futures Contracts: No futures supported
Euro € Payments: Cheap Euro Bank Transfers, 3.99% Fee on Credit/Debit card payments
Customer Support: 24/7 live chat support
Is Crypto Legal in Cyprus?
Yes, buying, selling, and trading cryptocurrencies like Bitcoin is completely legal in Cyprus. The regulatory authority for crypto-related products is the CySEC. Also, keep in mind that profits from crypto trading are taxable. Capital gains tax and VAT may apply in some cases. We highly recommend you consult with a local tax advisor to help you with your specific needs regarding cryptocurrencies in Cyprus.
How to buy Bitcoin & Other Cryptos in Cyprus
Buying Bitcoin and other cryptocurrencies in Cyprus is very simple. It is important to look for an exchange that is available in Cyprus and also supports Euro payments with low fees so you can get the best value for money. Follow our simple step-by-step guide on how to purchase Bitcoin in Cyprus.
- Select an Exchange: First, you have to choose a crypto exchange that offers services to crypto enthusiasts from Cyprus. The best exchange in this case is Bitget due to free Euro deposits, making it the best option in terms of value for money.
- Verify Your Identity: Due to regulations and Anti Money Laundering Laws (AML), you have to verify your identity on legitimate crypto exchanges. Usually, this requires a government-issued ID or Passport.
- Make a Deposit: The cheapest option to purchase Bitcoin or other cryptos on Bitget is through SEPA bank transfers, which come with 0% fees.
- Purchase Your Crypto: Once your money arrives, you can purchase the Crypto you desire. We recommend going to the spot market to convert your Euro to USDT and then exchange USDT for Bitcoin (or other cryptos that you want). Alternatively, you can purchase cryptos instantly via credit card with a 1-3% fee.
- Secure Your Crypto Assets: We never recommend storing investments on crypto exchanges. Only keep on crypto exchanges what you are trading with. The rest should be stored securely in cold-storage wallets like the Ledger Nano X.
Final Thoughts
Cyprus is a progressive country that is supportive of cryptocurrencies. You can buy and sell digital assets on multiple licensed and regulated crypto exchanges in Cyprus. All exchanges in this list require KYC verification due to AML laws and regulations, making them reliable options.
The best crypto trading platform for Cypriots is Bitget due to its low fees, beginner-friendly interface, multiple advanced trading options, 500+ supported cryptos, and the best value for money.
Other advanced trading platforms include BingX and OKX, which are designed for serious crypto traders with some of the most advanced features and low trading fees.
If you are seeking beginner-friendly exchanges with the most basic features, then we recommend checking out Uphold, and Bitpanda as they have relatively high trading fees, but they are very simple to use.
