Best Crypto Exchanges in Estonia 2023
Finding the best cryptocurrency exchanges in Estonia can be confusing. With hundreds of options out there, the question arises: What is the best crypto exchange in Estonia?
First and foremost, these exchanges should be regulated and secure. Any crypto exchange in Estonia must abide by AML and CFT laws. The Financial Intelligence Unit (FIU) is the local Estonian regulator for crypto companies.
Other key factors are supported payment methods, products & features, value for money, security, and more.
All cryptocurrency exchanges presented in this article are regulated, comply with AML laws, and require KYC verification.
Top 6 Crypto Trading Platforms in Estonia Reviewed
We have analyzed over 100 crypto platforms to compile a list of the top 6 crypto exchanges that are operating in Estonia.
Read on to find out exactly what the best crypto exchange for your specific needs is in Estonia!
- Bitget – Best Overall Crypto Exchange in Estonia
- Bitpanda – Best Alternative Exchange in Estonia
- BingX – Best for Copy Trading in Estonia
- Phemex – Best for Low-Fee Trading in Estonia
- Coinbase – Best US-Based Exchange in Estonia
- Uphold – Best Beginner Exchange in Estonia
| 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% / 0.050% | 200x | $5,000 | No |
| 4. Phemex | 355+ | 0.10% / 0.10% | 0.010% / 0.060% | 100x | $8,800 | No |
| 5. Coinbase | 250+ | 0.40% / 0.60% | N/A | None | None | Yes |
| 6. Uphold | 250+ | 0.95% / 1.25% | N/A | None | None | Yes |
1. Bitget
Bitget is the best all-rounder crypto exchange in Estonia. As the platform is licensed and operates legally in 180 countries, Bitget requires full KYC verification to comply with AML laws. The signup and KYC process is simple, making it easy to start buying and selling cryptos.
For full transparency, Bitget released their full proof of reserves. This means that all user funds are backed on Bitget 1:1. Additionally, Bitget has a $400 million security fund to protect users from third-party attacks.
With over 500 available digital assets, advanced trading options, some of the lowest trading fees, and high leverage, Bitget is one of the best crypto exchanges in Estonia for active trading.
The Bitget interface is well-designed and simple to use, making the exchange great for beginners and experienced traders.
What makes Bitget stand out most is its free Euro deposit options. Estonian crypto enthusiasts can deposit their local fiat currency with 0% fees through SEPA bank transfers. Withdrawals come with a low fixed fee of 0,5€.
Alternatively, you can purchase cryptos directly from Bitget via Credit/Debit Card, Apple and Google Pay, or third-party providers.
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 / 0.05% taker
Supported Cryptos: 500+
Futures Contracts: 240+
Euro Payments: Free Euro deposits and withdrawals through SEPA Bank Transfer Crypto purchases via Credit/Debit card, Google Pay, Apple Pay, and more
Customer Support: 24/7 live chat support
Bitget Pros & Cons
| 👍 Bitget Pros | 👎 Bitget Cons |
|---|---|
| ✅ Low trading fees | ❌ Not fully regulated |
| ✅ User-friendly Interface | ❌ Advanced tools confusing for beginners |
| ✅ Fiat deposits & withdrawals | ❌ USA not allowed |
| ✅ Passive Income Products | ❌ Requires KYC |
| ✅ 500+ cryptocurrencies | |
| ✅ Copy Trading | |
| ✅ Full Proof of reserves |
2. Bitpanda
Bitpanda is the best alternative crypto exchange in Estonia. What makes Bitpanda a great trading platform is its user-friendly design. Bitpanda is one of the best options for beginners as it only offers basic trading features.
Aside from 200+ cryptos, Bitpanda supports traditional finance assets such as stocks, commodities, precious metals, and more. This makes Bitpanda a great platform for traders not only interested in Bitcoin or other cryptos but also other assets.
With simple Euro payment methods, Estonian users can easily deposit fiat. With multiple payment methods, including Bank Transfer, Credit/Debit Card, Neteller, and Sofort, Bitpanda makes it easy to purchase crypto on its platform.
If you want to learn more about the platform, check out our Bitpanda analysis.
Spot Fees: 0.15% maker / 0.15% taker
Futures Fees: No futures supported
Supported Cryptos: 240+
TradFi assets: 500+
Euro Payments: Bank Transfer, Credit/Debit Card, Neteller, and Sofort
Customer Support: Only email support
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 top crypto trading platform for users in Estonia, offering access to over 690 cryptocurrencies, including BTC and ETH, along with stocks, commodities, and forex, all available with leverage up to 200x.
The platform stands out due to its affordable trading fees—0.1% for spot transactions and 0.02% for makers and 0.05% for takers in the futures market. Whether you’re a beginner or an experienced trader, BingX offers an intuitive platform with advanced tools like copy trading and technical indicators. Anonymous trading is possible, but completing KYC unlocks additional features, such as higher withdrawal limits. With zero SEPA deposit fees, BingX is an ideal choice for Estonian crypto traders.
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. Phemex
Phemex, established in 2019 and based in Singapore, is a well-known crypto exchange with over 5 million users across the globe. The platform offers 355+ cryptocurrencies and 260+ futures contracts, providing leverage up to 100x for futures trading. This makes it an excellent option for active traders.
Phemex features competitive trading fees—0.10% for spot trades and 0.01% for futures makers. While KYC is not mandatory, verifying an account offers higher withdrawal limits. The platform also includes features like copy trading and advanced trading bots such as grid and martingale strategies.
Users can deposit fiat currencies such as USD, EUR, and others via credit/debit cards, SEPA, and payment services like Google Pay and MoonPay. Although Phemex has a lower spot volume of $78.45M and is restricted in certain countries, including the US and UK, it offers a user-friendly experience for privacy-conscious traders.
To learn more about the trading platform, read our complete Phemex review.
Supported Cryptocurrencies: 355+
Futures Contracts: 260+
Max. Leverage: 100x
Spot Trading Fees: 0.10% (maker/taker)
Futures Trading Fees: 0.01% (maker), 0.06% (taker)
Deposits & Withdrawals: Supports free Euro deposits via SEPA + credit/debit cards, Google Pay, MoonPay, and Banxa.
Phemex Pros & Cons
| 👍 Phemex Pros | 👎 Phemex Cons |
|---|---|
| ✅ Low fees for cost-effective trading | ❌ Limited Fiat Support |
| ✅ No KYC requirements | ❌ Few Educational Resources |
| ✅ High speed transactions per second | |
| ✅ Spot, margin, and futures trading options | |
| ✅ Advanced tools for robust trading | |
| ✅ Phemex Pulse for community and market insights | |
| ✅ Early project access via Launchpool with PT token |
5. Coinbase
Coinbase is one of the largest crypto exchanges in the world, with over 100 million users. The US-based platform is located in California and offers beginners in crypto a simple way to buy and sell digital assets. The platform even has insurance worth up to $ 250,000 for users.
With a crypto wallet, passive income products, and over 300 digital assets, Coinbase has a lot to offer to its users.
For spot trading, Coinbase charges a 0.6% fee per transaction, which means that Coinbase is not recommended for traders, but it is perfect for investors.
Coinbase Users from Estonia can easily deposit Euro via PayPal or Credit/Debit card.
If you want to learn more about Coinbase, make sure to check out our Coinbase analysis.
Spot Fees: 0.6% maker / 0.6% taker
Futures Fees: No futures supported
Supported Cryptos: 300+
Futures contracts: Futures not supported
Euro Payments: Euro crypto purchases with credit/debit card or PayPal
Customer Support: 24/7 live chat support
Coinbase Pros & Cons
| 👍 Coinbase Pros | 👎 Coinbase Cons |
|---|---|
| ✅ Very beginner friendly | ❌ Lacks advanced features |
| ✅ Passive income products | ❌ High trading fees |
| ✅ Reputable platform | ❌ No live chat support |
6. Uphold
Uphold is a US-based crypto exchange offering trading of over 250 cryptos. With a simple layout and a great mobile app, Uphold is a top choice for beginners in the crypto market. Aside from crypto trading, Uphold offers 50+ stocks and 25 forex currencies for trading.
For crypto trading, Uphold charges 1.4% maker and 1.95% taker fees.
On Uphold, Estonian users can purchase cryptos with Credit/Debit cards, Bank Transfers, Google and Apple Pay, and more. The fees range from 1% to 3,99%.
Learn more about the platform in our Uphold guide.
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
Uphold Pros & Cons
| 👍 Uphold Pros | 👎 Uphold Cons |
|---|---|
| ✅ Very beginner friendly | ❌ Lacks advanced features and liquidity |
| ✅ Great mobile app | ❌ No futures trading |
| ✅ Euro payments supported | ❌ High trading fees |
| ✅ Passive income products |
Is Crypto Legal in Estonia?
Yes, buying, selling, and trading cryptos such as Bitcoin or other digital assets is completely legal in Estonia. However, it is important to register on a legit and reliable crypto exchange that complies with local laws and regulations such as AML and KYC requirements. All platforms presented in our guide fall under this category.
Lastly, it is important to note that crypto profits are taxable, and capital gains tax may apply. We highly recommend consulting with a local tax advisor to help you with your specific needs regarding crypto taxation in Estonia.
How to buy Bitcoin & other Cryptos in Estonia
Buying Bitcoin and other cryptocurrencies in Estonia is very simple and cheap if done right. Follow our step-by-step guide on how to securely purchase Cryptos in Estonia for the best rates.
- Choose a Crypto Exchange: First, you have to select a crypto exchange that is operating in Estonia. One key factor to look out for is value for money. For this, Bitget is the best option due to free Euro deposits and low trading fees.
- Sign Up & Verify Identity: Legit crypto exchanges like Bitget require KYC verification due to AML laws. The signup process on the exchange is very simple. For Identity verification, you just need a government-issued ID or Passport.
- Purchase Cryptos: Now that you are ready to purchase cryptos, head to the spot market and exchange your money for cryptos such as USDT or BTC. Due to the low fees on Bitget, you will only pay 0.1% in fees for purchasing cryptos.
- Secure Your Assets: We highly recommend never storing your crypto investments on an exchange. It is always best to send your assets to your cold storage wallet, such as the Ledger Nano X, for optimal security.
Final Thoughts
In conclusion, buying, selling, and trading cryptocurrencies in Estonia is totally legal, straightforward, and secure through exchanges like Bitget, Bitpanda, or BingX.
Overall, the best crypto exchange in Estonia is Bitget due to its beginner-friendly platform, advanced features and products, free Euro deposits, a wide variety of coins, passive income products, and much more. The platform is suitable for beginners and experienced crypto traders.
Other great options for beginners are Bitpanda, BingX, Uphold, and Coinbase. Bybit, on the other hand, is extremely advanced and our recommendation for experienced day traders.
