Country ranking · Cyprus

8 Best Crypto Exchanges in Cyprus (2026)

Compare the best crypto exchanges in Cyprus for 2026: MiCA licences, SEPA deposits and withdrawals, fees, coins, futures and each exchange's main catch.

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Key takeaways
  • Bitpanda is our top pick for beginners and long-term investors in Cyprus who want crypto, stocks and ETFs in one MiCA-licensed account.
  • OKX EU and Kraken charge much less per trade, handle SEPA in both directions and offer regulated futures.
  • Bitunix and Bitbase hold no MiCA licence and only pay out in crypto, so no EU regulator protects your money there.
Top pick 2026
1

Bitpanda

Spot fees (maker/taker)1.49% / 1.49%
Assets575
Max leverage—
KYCRequired
  • MiCA licence
  • Stocks, ETFs and commodities alongside 575 coins
  • Many euro deposit options, including SEPA
Accepts clients from Cyprus
6.4CWR Score
Bonusup to 100€
2

OKX EU

Spot fees (maker/taker)0.1% / 0.2%
Assets290
Max leverage10×
KYCRequired
  • MiCA licence plus MiFID II futures
  • SEPA deposits and withdrawals
  • Low futures fees from 0.02%
Accepts clients from Cyprus
7.9CWR Score
Bonusup to €400
Fee discount10%
Terms & how to claim
3

Kraken

Spot fees (maker/taker)0.4% / 0.8%
Assets679
Max leverage10×
KYCRequired
  • MiCA licence and proof of reserves
  • Large choice of 679 spot coins
  • Futures fees from 0.02%
Accepts clients from Cyprus
4

Coinbase

Spot fees (maker/taker)0.25% / 0.5%
Assets402
Max leverage10×
KYCRequired
  • MiCA licence and proof of reserves
  • Beginner-friendly app
  • Futures fees of 0.05% for makers and takers
Accepts clients from Cyprus
5

Bit2Me

Spot fees (maker/taker)—
Assets192
Max leverage—
KYCRequired
  • MiCA licence
  • 192 spot coins
  • Crypto debit card
Accepts clients from Cyprus
6.1CWR Score
6

Bitstamp

Spot fees (maker/taker)0.3% / 0.4%
Assets118
Max leverage10×
KYCRequired
  • MiCA licence
  • Free SEPA deposits and SEPA withdrawals
  • Card, PayPal, Apple Pay and Google Pay funding
Accepts clients from Cyprus
7

Bitunix

Spot fees (maker/taker)0.08% / 0.1%
Assets546
Max leverage200×
KYCNo KYC
  • Low spot fees from 0.08%
  • Futures on 520 coins
  • Copy trading and a demo account
Accepts clients from Cyprus
8.4CWR Score
Bonusup to $10,000
Cashback10%
Terms & how to claim
8

Bitbase

Spot fees (maker/taker)0.1% / 0.1%
Assets385
Max leverage150×
KYCNo KYC
  • Futures on 753 coins
  • Spot fee of 0.1% for makers and takers
  • Commodities alongside crypto
Accepts clients from Cyprus
7CWR Score
Bonusup to 20 USDT
Cashback10%
Terms & how to claim

Every exchange in this ranking at a glance

ExchangeSpot assetscryptoFutures assetsSpot feesmaker/takerFutures feesmaker/takerMax leverage Cyprus
1. BitpandaVisit 575—1.49% / 1.49%——Yes
2. OKX EUVisit 2901550.1% / 0.2%0.02% / 0.05%10×Yes
3. KrakenVisit 6791770.4% / 0.8%0.02% / 0.05%10×Yes
4. CoinbaseVisit 4021310.25% / 0.5%0.05% / 0.05%10×Yes
5. Bit2MeVisit 192————Yes
6. BitstampVisit 118—0.3% / 0.4%—10×Yes
7. BitunixVisit 5465200.08% / 0.1%0.02% / 0.06%200×Yes
8. BitbaseVisit 3857530.1% / 0.1%0.02% / 0.06%150×Yes

The Cyprus column is checked live against each exchange's restricted-country list.

The best crypto exchanges in Cyprus

Bitpanda is our top pick for Cyprus, best for beginners and long-term investors who want crypto, stocks and ETFs in one EU-licensed account. For anyone in Cyprus, the other big questions are whether an exchange holds a MiCA licence, how easily you can move euros in and out by SEPA, and what each trade costs.

A MiCA licence is the EU’s crypto licence. It puts the exchange under an EU regulator and gives you MiCA’s investor protections, and a licence from any EU country covers Cyprus. Every exchange here except Bitunix and Bitbase holds one. Those two offer cheaper trading and higher leverage, but no EU oversight and no way to withdraw euros.

1. Bitpanda

Bitpanda6.4/10Read reviewVisit

Bitpanda puts crypto, stocks, ETFs and commodities in one regulated account, which suits you if you want to build a long-term portfolio in euros without juggling several apps. It holds a MiCA licence, and alongside 575 coins it lists 7,758 stock tokens, 2,638 ETFs and 149 commodities.

You can pay in by SEPA, bank transfer, card, Skrill, Neteller, Klarna or iDEAL, and cash out to your bank account. Crypto Indices spread one purchase across the largest coins and rebalance automatically, and savings plans buy on a schedule you set. There are no futures, so if you want to trade derivatives you'll need another exchange, though margin trading goes up to 10x.

Spot trades cost 1.49% for makers and takers alike, which adds up quickly if you trade often, and ID verification is required before you deposit. Bitpanda launched in 2014 in Vienna, was co-founded by Christian Trummer and is run by CEO Eric Demuth. The main risk is that it doesn't publish proof of reserves, so you can't check for yourself that customer holdings are fully backed.

Key points

  • Bitpanda holds a MiCA licence, so it can serve customers in Cyprus under EU supervision.
  • You can deposit euros by SEPA, card or several e-wallets and trade 575 coins plus stocks, ETFs and commodities.
  • Spot trades cost 1.49% for makers and takers, the highest fee here, which makes frequent trading expensive.

What we like

  • MiCA licence
  • Stocks, ETFs and commodities alongside 575 coins
  • Many euro deposit options, including SEPA
  • Crypto Indices and savings plans
  • Staking and cold storage

What holds it back

  • High spot fee of 1.49% for makers and takers
  • No futures trading
  • No proof of reserves

2. OKX EU

OKX EU7.9/10Read reviewVisit

Low spot fees and regulated futures in one account make OKX EU a strong choice if you trade regularly from Cyprus. It is run by a company in Malta under a MiCA licence.

Funding options include PayPal, iDEAL, Apple Pay, Google Pay, cards, bank transfer and SEPA, and SEPA withdrawals go straight to a Cypriot bank. Spot trading covers 290 coins, while futures are five-year X-Perps offered under MiFID II, with up to 10x leverage. Trading bots, staking, lending and a debit card round out the account.

Spot makers pay 0.1% and takers 0.2%, futures run 0.02% on maker orders and 0.05% on taker orders, and you must verify your identity to use it. OKX EU was set up in 2018, is based in Sliema, Malta and is led by CEO Erald Ghoos, with Star Xu as co-founder. The main catch is that USDT can't be traded, so if you rely on that stablecoin you'll need a different exchange for it.

Key points

  • OKX EU holds a MiCA licence through its Maltese company, and its futures run under MiFID II.
  • You can move euros in and out by SEPA and trade 290 coins plus X-Perp futures up to 10x leverage.
  • Spot trades cost 0.1% or 0.2%, but USDT isn't available to trade.

What we like

  • MiCA licence plus MiFID II futures
  • SEPA deposits and withdrawals
  • Low futures fees from 0.02%
  • PayPal, Apple Pay and Google Pay deposits
  • Trading bots, staking and a debit card

What holds it back

  • USDT can't be traded
  • Futures limited to X-Perps
  • Smaller coin list than Kraken or Bitpanda

3. Kraken

If you want the widest choice under an EU licence, Kraken is hard to beat, with 679 coins on spot and futures on 177 coins. It holds a MiCA licence and publishes proof of reserves, which lets you confirm customer assets are backed.

Top-ups work through PayPal, Google Pay, Apple Pay, a card, bank transfer or SEPA, and SEPA also handles withdrawals. For EU customers, futures leverage tops out at 10x, and staking and a demo account are included.

On spot, a maker order costs 0.4% and a taker order 0.8%; on futures the split is 0.02% versus 0.05%, and identity checks are mandatory. Kraken was co-founded by Jesse Powell in 2011, is based in San Francisco, USA and is led by CEO David Ripley. The drawback is the spot taker fee, which makes quick buys at market price noticeably dearer than on OKX EU or Bitstamp.

Key points

  • Kraken holds a MiCA licence and publishes proof of reserves.
  • From Cyprus you get 679 spot coins and futures on 177 coins, with SEPA in both directions.
  • Spot takers pay 0.8%, so market orders cost more here than on most exchanges in this ranking.

What we like

  • MiCA licence and proof of reserves
  • Large choice of 679 spot coins
  • Futures fees from 0.02%
  • SEPA deposits and withdrawals
  • Staking and a demo account

What holds it back

  • Spot taker fee of 0.8%
  • Lower futures leverage for EU customers

4. Coinbase

Coinbase7.7/10Read reviewVisit

Beginners who want a simple app under a MiCA licence will find Coinbase easy to start with, and its published proof of reserves lets you confirm customer holdings are backed. On spot, EU customers pay 0.25% on maker orders and 0.5% on taker orders, across 402 coins.

Euro deposits work through SEPA, a card or PayPal, and withdrawals go out by SEPA or bank transfer. Futures cover 131 coins with up to 10x leverage at a flat 0.05% whether you use a limit or market order, and staking is available too.

ID verification is required before the account is fully usable. Coinbase was co-founded in 2012 by Brian Armstrong, who remains CEO, and it operates as a remote company without a head office. In 2021 more than 6,000 customers had their accounts compromised, which shows accounts themselves get targeted, so switch on two-factor authentication and address whitelisting before you deposit.

Key points

  • Coinbase holds a MiCA licence and publishes proof of reserves.
  • EU customers can fund by SEPA, card or PayPal and pay 0.25% or 0.5% on spot, with futures on 131 coins.
  • The main catch is a 2021 wave of account takeovers, so strong account security matters here.

What we like

  • MiCA licence and proof of reserves
  • Beginner-friendly app
  • Futures fees of 0.05% for makers and takers
  • SEPA, card and PayPal deposits

What holds it back

  • Spot taker fees above OKX EU and Bitstamp
  • Past wave of customer account takeovers

5. Bit2Me

Bit2Me6.1/10Visit

Spanish-built and MiCA-licensed, Bit2Me is a straightforward EU-supervised choice if you mainly want to buy and hold popular coins. Its spot market offers 192 coins, and it has its own token, B2M.

Bit2Me also offers a debit card for spending your crypto. There are no futures, so if you want leverage or to bet on falling prices you'll need another exchange.

Identity verification is required, and the exchange keeps coins in cold storage. Bit2Me dates back to 2014, has its base in Elche, Spain, was started by Leif Ferreira and Andrei Manuel, and has co-CEOs Leif Ferreira and Koh Onozawa Martinez at the helm. The main risk is that it publishes no proof of reserves, leaving you no independent way to confirm your deposits are fully backed.

Key points

  • Bit2Me holds a MiCA licence and is based in Spain.
  • You can trade 192 coins on spot, but futures aren't offered.
  • The lack of proof of reserves leaves you trusting the company's word on customer balances.

What we like

  • MiCA licence
  • 192 spot coins
  • Crypto debit card
  • Cold storage

What holds it back

  • No futures trading
  • No proof of reserves

6. Bitstamp

Bitstamp7.2/10Read reviewVisit

Buy-and-hold investors who move euros often get cheap banking at Bitstamp, backed by a MiCA licence. SEPA deposits are free and SEPA withdrawals cost €3, and PayPal, Apple Pay, Google Pay and cards also work for paying in.

Spot trading covers 118 coins, with makers paying 0.3% and takers 0.4%. EU customers can also trade futures on 20 markets with up to 10x leverage, and staking and lending are available.

Full KYC is required, with daily withdrawals of $50,000 after ID checks and $250,000 with proof of address. Bitstamp opened in 2011 and has its headquarters in Luxembourg; Nejc Kodrič is one of its co-founders, Jean-Baptiste Graftieau leads it as CEO, and Robinhood has owned it since 2024. In 2015 attackers stole roughly 19,000 BTC from its hot wallet through phishing, and with no published proof of reserves, there is no way for you to check today that customer balances are fully backed.

Key points

  • Bitstamp holds a MiCA licence and has been owned by Robinhood since 2024.
  • SEPA deposits are free, SEPA withdrawals cost €3, and spot fees are 0.3% for makers and 0.4% for takers.
  • It lacks proof of reserves, so you rely on the company's word that balances are backed.

What we like

  • MiCA licence
  • Free SEPA deposits and SEPA withdrawals
  • Card, PayPal, Apple Pay and Google Pay funding
  • Staking and lending

What holds it back

  • Smaller list of 118 coins
  • No proof of reserves
  • Hot wallet hack in its past

7. Bitunix

Bitunix8.4/10Read reviewVisit

Active traders come to Bitunix for price: spot makers pay 0.08% and takers pay 0.1%, and futures cover 520 coins with up to 200x leverage. It holds no MiCA licence, so no EU regulator supervises the company holding your money and MiCA's investor protections don't apply to you in Cyprus.

Euros arrive via SEPA, a card, PayPal, Apple Pay or Google Pay, but withdrawals are crypto only, so getting euros back means sending coins to another exchange and selling there. It also offers 546 spot coins, copy trading, a demo account and tokenized stocks.

Futures cost 0.02% for makers and 0.06% for takers, it publishes proof of reserves, and KYC is optional, with unverified accounts able to withdraw $500,000 a day. Bitunix launched in 2021, is based in the Seychelles and was co-founded by Arron Lee, who is also CEO. Leverage this high can wipe out a position on a small price move, and without MiCA cover you have no EU regulator to turn to, so only trade money you can afford to lose.

Key points

  • Bitunix holds no MiCA licence, so no EU regulator oversees it.
  • You can deposit euros by SEPA but can only withdraw crypto.
  • Spot fees start at 0.08% for makers, and futures cover 520 coins.

What we like

  • Low spot fees from 0.08%
  • Futures on 520 coins
  • Copy trading and a demo account
  • Proof of reserves
  • SEPA deposits

What holds it back

  • No MiCA licence
  • Crypto-only withdrawals
  • Very high leverage raises the risk of losses

8. Bitbase

Derivatives are the draw at Bitbase, with futures on 753 coins, up to 150x leverage and commodity markets in the same account. It holds no MiCA licence, which means no EU regulator supervises the company holding your money and MiCA's investor protections don't cover you in Cyprus.

There is no SEPA, so you can't send euros straight from your bank; you fund with a card, Apple Pay or Google Pay instead. Withdrawals are crypto only, so cashing out to euros means moving coins to another exchange. Spot trading covers 385 coins, all paired with USDT.

Every spot trade costs 0.1%, whether you place a limit order or buy at market; futures run 0.02% on maker orders against 0.06% on taker orders, and verifying your identity is optional. Bitbase launched in 2023 and is based in Panama City, but its founders are undisclosed, so you can't know who is ultimately responsible for your funds. It is also a young platform untested over several market cycles, which makes it a risky place to keep large balances.

Key points

  • Bitbase holds no MiCA licence; its registrations with FinCEN and AUSTRAC are not EU supervision.
  • Funding is by card, Apple Pay or Google Pay, and withdrawals are crypto only.
  • It is unrelated to the Spanish company at bitbase.es, so check you are on bitbase.com.

What we like

  • Futures on 753 coins
  • Spot fee of 0.1% for makers and takers
  • Commodities alongside crypto
  • Optional KYC

What holds it back

  • No MiCA licence
  • No SEPA and crypto-only withdrawals
  • Anonymous founders
  • Young, largely untested platform

How we ranked these exchanges

Our editorial team selected, tested and ranked the best crypto exchanges for traders in Cyprus. We started with exchanges that accept users in Cyprus, then weighed the whole package each one offers. The order is our editors’ judgment of that package, while the CWR Score on each card rates the exchange on its own, so an exchange placed lower can still have a higher score.

  • EU licensing under MiCA
  • Euro deposits and withdrawals, especially SEPA
  • Spot and futures trading fees
  • Coins and products you can trade from Cyprus
  • Security record and proof of reserves

Yes. Buying, holding and trading crypto is legal in Cyprus. The Cyprus Securities and Exchange Commission (CySEC) is Cyprus’s authority under MiCA, the EU’s rulebook for crypto companies.

Before MiCA, crypto firms registered with CySEC under Cyprus’s anti-money-laundering rules, and MiCA licensing has replaced that registration. An exchange with a MiCA licence from any EU country may serve customers in Cyprus. Exchanges without one are not supervised by an EU regulator, so MiCA’s protections don’t apply if something goes wrong.

How is crypto taxed in Cyprus?

In Cyprus, gains from disposing of crypto-assets are taxed at a flat 8% from the 2026 tax year. Disposing includes selling crypto, giving it away, swapping it for another crypto-asset and paying with it. Losses can be set only against crypto gains in the same tax year and can’t be carried forward. Gains on coins you mined yourself are excluded from the 8% rate and taxed at the normal income tax rates.

The Tax Department’s guidance on the new rules doesn’t mention staking; crypto gains that fall outside the 8% rule are taxed under the normal income tax rules. Anyone with income from selling crypto-assets must file an income tax return, and the return for 2026 is due by 31 July 2027. Under the EU’s DAC8 rules, crypto providers record their customers’ transactions from 2026 and report them to tax authorities, with the first reports due in 2027.

This is a general overview, not tax advice. Tax rules change and depend on your situation, so check with the Cyprus Tax Department or a tax adviser before you file.

Official sources, checked September 2026: Cyprus Tax Department: Income tax reform presentation (Article 20E, crypto gains); Cyprus Tax Department: Explanatory guide to the 2026 tax reform for individuals; Cyprus Tax Department: Tax Reform 2026; European Commission: DAC8 crypto-asset reporting.

How to buy crypto in Cyprus

Getting Bitcoin or Ethereum in Cyprus takes little more than a photo ID, a bank account and an exchange you trust.

  1. Choose a MiCA-licensed exchange. The Cyprus Securities and Exchange Commission (CySEC) is Cyprus’s authority under MiCA, and a MiCA licence from any EU country lets an exchange serve you. Bitpanda, OKX EU, Kraken, Coinbase, Bit2Me and Bitstamp all hold one.
  2. Open an account and verify your ID. Sign up with your email, then upload your ID and complete any identity or address checks the exchange asks for.
  3. Deposit euros by SEPA. Send a SEPA transfer from your bank. Bitpanda, OKX EU, Kraken, Coinbase and Bitstamp all accept it, and Bitstamp charges nothing for SEPA deposits.
  4. Buy on the spot market. Pick Bitcoin, Ethereum or another coin such as Solana or XRP. Use a limit order where you can, since maker fees are usually lower than taker fees.
  5. Secure your coins and keep records. Turn on two-factor authentication and consider moving larger amounts to your own wallet. Save a record of every trade for your tax return.

Bottom line

Bitpanda is the easiest place in Cyprus to build a long-term portfolio of crypto, stocks and ETFs under a MiCA licence, as long as you accept its high flat fee. If you trade more often, OKX EU and Kraken cost far less per trade and add regulated futures, with SEPA in both directions. Coinbase, Bitstamp and Bit2Me are solid MiCA-licensed alternatives. Bitunix and Bitbase have the lowest spot fees and the most leverage, but they offer no EU oversight and no euro withdrawals, so only keep money there that you can afford to lose.

Questions

Frequently asked

Yes. Buying, holding and trading crypto is legal in Cyprus. The Cyprus Securities and Exchange Commission (CySEC) is Cyprus's authority under MiCA, the EU's crypto rules, and any exchange with a MiCA licence from an EU country can serve you.

Bitpanda is the simplest choice if you want to hold crypto, stocks and ETFs in one MiCA-licensed account, though its trading fee is high. Coinbase is also beginner-friendly and costs less per spot trade for EU customers.

OKX EU, Kraken, Coinbase and Bitstamp all offer SEPA withdrawals, and Bitpanda pays out to your bank account. Bitunix and Bitbase only allow crypto withdrawals, so you would have to move coins to another exchange to get euros back.

Yes. OKX EU, Kraken and Coinbase offer futures under EU rules with leverage capped at ten times, and Bitstamp offers futures to EU customers too. Bitunix and Bitbase allow far higher leverage, but neither holds a MiCA licence.

Crypto gains can be taxable in Cyprus. See "How is crypto taxed in Cyprus?" above for the details.

It carries more risk. Without a MiCA licence, no EU regulator supervises the company holding your money and MiCA's investor protections don't apply, so you have less recourse if something goes wrong.