Country ranking · Hungary

7 Best Crypto Exchanges in Hungary (2026)

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

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Key takeaways
  • Phemex is our top pick for active traders who want low fees, a very wide coin list and high-leverage futures.
  • Phemex holds no MiCA licence, while Kraken, Coinbase and Bitstamp pair a MiCA licence with futures for EU customers.
  • Bitvavo is the low-cost euro choice for spot buying, and Bitpanda suits investors who also want stocks, ETFs and metals.
Top pick 2026
1

Phemex

Spot fees (maker/taker)0.1% / 0.1%
Assets1,027
Max leverage100×
KYCNo KYC
  • Futures leverage up to 100x
  • 1,027 spot coins
  • Low spot and futures fees
Accepts clients from Hungary
2

Kraken

Spot fees (maker/taker)0.4% / 0.8%
Assets679
Max leverage10×
KYCRequired
  • MiCA licence from the Central Bank of Ireland
  • Futures for EU customers
  • SEPA deposits and withdrawals
Accepts clients from Hungary
3

Coinbase

Spot fees (maker/taker)0.25% / 0.5%
Assets402
Max leverage10×
KYCRequired
  • MiCA licence from Luxembourg's CSSF
  • Simple app for beginners
  • Futures fees of 0.05% for makers and takers
Accepts clients from Hungary
4

Bitvavo

Spot fees (maker/taker)0.15% / 0.25%
Assets427
Max leverage—
KYCRequired
  • MiCA licence from the Dutch AFM
  • Free SEPA deposits
  • Low spot fees
Accepts clients from Hungary
5

Bitpanda

Spot fees (maker/taker)1.49% / 1.49%
Assets575
Max leverage—
KYCRequired
  • MiCA licence from the Austrian FMA
  • Stocks, ETFs and metals alongside crypto
  • SEPA, Skrill, Neteller and Klarna funding
Accepts clients from Hungary
6.4CWR Score
Bonusup to 100€
6

Bit2Me

Spot fees (maker/taker)—
Assets192
Max leverage—
KYCRequired
  • MiCA licence from Spain's CNMV
  • Debit card
  • Cold storage for coins
Accepts clients from Hungary
6.1CWR Score
7

Bitstamp

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

Every exchange in this ranking at a glance

ExchangeSpot assetscryptoFutures assetsSpot feesmaker/takerFutures feesmaker/takerMax leverage Hungary
1. PhemexVisit 1,0278160.1% / 0.1%0.01% / 0.06%100×Yes
2. KrakenVisit 6791770.4% / 0.8%0.02% / 0.05%10×Yes
3. CoinbaseVisit 4021310.25% / 0.5%0.05% / 0.05%10×Yes
4. BitvavoVisit 427—0.15% / 0.25%——Yes
5. BitpandaVisit 575—1.49% / 1.49%——Yes
6. Bit2MeVisit 192————Yes
7. BitstampVisit 118—0.3% / 0.4%—10×Yes

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

The best crypto exchanges in Hungary

Phemex is our top pick for active traders in Hungary who want low fees, a very large coin list and high-leverage futures, though it holds no MiCA licence. For most people in Hungary, the licence matters as much as the price. A MiCA licence means an EU regulator authorizes and supervises the exchange, and the exchange must follow MiCA’s rules on how it handles and safeguards your money. A licence from any EU country lets an exchange serve customers in Hungary.

Beyond the licence, look at how you move euros in and out, what each trade costs, and whether you want futures or only spot buying. Every other exchange in this ranking holds a MiCA licence, and most of them take euro deposits by SEPA transfer.

1. Phemex

Phemex has the biggest menu in this ranking. You get 1,027 coins on spot, futures on 816 coins with up to 100x leverage, and 35 stock tokens, along with copy trading and trading bots. The catch for someone in Hungary is that Phemex holds no MiCA licence. No EU regulator supervises the company holding your money, and MiCA's investor protections don't apply to you.

Trading is cheap: spot costs 0.1% for makers and takers, and futures cost 0.01% for limit orders and 0.06% for market orders. You can deposit euros by SEPA, card, Apple Pay or Google Pay. Cashing out works only by bank transfer or crypto.

New users must verify their ID, and Phemex publishes proof of reserves, so you can check that deposits are backed. Phemex launched in 2019, is based in Singapore and is run by co-founder and CEO Jack Tao. Its main risk is security: in January 2025, attackers stole about $85 million from its hot wallets, so move coins you aren't trading to your own wallet.

Key points

  • Phemex holds no MiCA licence, so no EU regulator supervises your account there.
  • You can trade 1,027 spot coins and futures with up to 100x leverage.
  • Spot trades cost 0.1% for makers and takers, and you can deposit euros by SEPA.

What we like

  • Futures leverage up to 100x
  • 1,027 spot coins
  • Low spot and futures fees
  • Copy trading and trading bots
  • Publishes proof of reserves

What holds it back

  • No MiCA licence
  • Large theft from its hot wallets
  • Cash-outs only by bank transfer or crypto

2. Kraken

Kraken gives you a MiCA licence and futures in the same account, which suits someone in Hungary who wants to trade with leverage under EU rules. Its EU company, Payward Europe Solutions Limited, is supervised by the Central Bank of Ireland. EU customers trade 177 futures markets through a CySEC-licensed company, with leverage capped at 10x.

Euros move in and out by SEPA, and you can also use a card, PayPal or Apple Pay for deposits and withdrawals. EU customers pay 0.4% maker and 0.8% taker on spot, while futures cost just 0.02% and 0.05%. USDT and eight other stablecoins can't be traded in the EEA, so you'll mostly trade against euros.

You have to verify your ID before trading, and Kraken publishes proof of reserves and offers staking. Kraken dates back to 2011, has its headquarters in San Francisco, USA and is led by CEO David Ripley; Jesse Powell is a co-founder. The main drawback is the spot pricing, which takes a noticeable cut of small regular buys unless you use limit orders.

Key points

  • Kraken holds a MiCA licence from the Central Bank of Ireland through Payward Europe Solutions Limited.
  • EU customers such as those in Hungary get spot and futures, with leverage capped at 10x.
  • Spot fees of 0.4% and 0.8% make small purchases expensive.

What we like

  • MiCA licence from the Central Bank of Ireland
  • Futures for EU customers
  • SEPA deposits and withdrawals
  • Low futures fees
  • Publishes proof of reserves

What holds it back

  • High spot fees on small trades
  • USDT can't be traded in the EEA
  • Lower futures leverage for EU customers

3. Coinbase

Coinbase7.7/10Read reviewVisit

Coinbase is the easiest of the big exchanges to start with, and its MiCA licence comes from Luxembourg's CSSF through Coinbase Luxembourg S.A. EU customers can trade 402 coins on spot. They can also trade futures through a CySEC-licensed company with up to 10x leverage.

You can fund your account in euros by SEPA, card or PayPal, and cash out by SEPA or SWIFT transfer. In the EU, spot trades cost 0.25% for makers and 0.5% for takers, while futures cost 0.05% whether you make or take. There's no USDT or other non-MiCA stablecoin and no USDC rewards, so stablecoin savers get less here.

You verify your ID at sign-up, and Coinbase keeps most assets in cold storage. It started in 2012, has no fixed headquarters, and its CEO, Brian Armstrong, also co-founded the company. In 2021, attackers got into more than 6,000 customer accounts, so turn on two-factor authentication before you deposit.

Key points

  • Coinbase is MiCA licensed by the CSSF in Luxembourg through Coinbase Luxembourg S.A.
  • EU customers get spot and futures with up to 10x leverage, with euro funding by SEPA.
  • Spot fees of 0.25% and 0.5% make frequent small buys costly.

What we like

  • MiCA licence from Luxembourg's CSSF
  • Simple app for beginners
  • Futures fees of 0.05% for makers and takers
  • SEPA deposits and withdrawals

What holds it back

  • High spot fees
  • No USDT for EU customers
  • Past break-ins to customer accounts

4. Bitvavo

Bitvavo8.9/10Read reviewVisit

Bitvavo is built around the euro, which makes spot buying simple for someone in Hungary. It holds a MiCA licence through Bitvavo B.V., supervised by the Netherlands Authority for the Financial Markets (AFM). Most of its 427 coins trade directly against EUR.

SEPA deposits are free, and you can also pay by card, PayPal, Apple Pay or EPS, though card and PayPal deposits carry a fee. Spot trades cost 0.15% for makers and 0.25% for takers, the lowest spot rates of the MiCA-licensed exchanges in this ranking. There are no futures or margin, so you'll need another exchange for leverage.

Verification is required, and the basic level caps withdrawals at €25,000 a day, which can slow down large cash-outs by SEPA. Founded in 2018 and headquartered in Amsterdam, Bitvavo is led by its co-founder and CEO Mark Nuvelstijn. Its staking and lending sit outside MiCA, so coins you put into Earn don't get the protection your trading balance does.

Key points

  • Bitvavo is MiCA licensed by the Dutch AFM through Bitvavo B.V.
  • You can trade 427 coins on spot, with no futures or margin.
  • Free SEPA deposits and low spot fees keep costs down, but daily withdrawals are capped at €25,000.

What we like

  • MiCA licence from the Dutch AFM
  • Free SEPA deposits
  • Low spot fees
  • Most coins paired with euros
  • Publishes proof of reserves

What holds it back

  • No futures or margin
  • Daily withdrawal cap of €25,000
  • Earn products fall outside MiCA

5. Bitpanda

Bitpanda6.4/10Read reviewVisit

Bitpanda suits you if you want crypto and traditional investments under one MiCA licence. Bitpanda GmbH is supervised by the Austrian Financial Market Authority (FMA). Alongside 575 coins, you can buy 7,758 stock tokens, 2,638 ETFs and precious metals.

You can fund your account by SEPA, bank transfer, card, Skrill, Neteller or Klarna, and cash out by bank transfer. Standard trades cost 1.49% for makers and takers, which gets expensive if you trade often. Bitpanda Fusion, its advanced trading screen, starts at 0.25% and gets cheaper with volume, but there are no futures.

Verification is required before you deposit, and verified accounts can withdraw up to €5,000,000 a day. Co-founded by Christian Trummer in 2014, Bitpanda has its home base in Vienna, and Eric Demuth serves as CEO. There's no published proof of reserves, which leaves you unable to verify for yourself that customer holdings are fully backed.

Key points

  • Bitpanda is MiCA licensed by the Austrian FMA through Bitpanda GmbH.
  • You can buy coins, stock tokens, ETFs and metals, but not futures.
  • Standard trades cost 1.49% for makers and takers, so frequent trading adds up fast.

What we like

  • MiCA licence from the Austrian FMA
  • Stocks, ETFs and metals alongside crypto
  • SEPA, Skrill, Neteller and Klarna funding
  • Beginner-friendly app

What holds it back

  • Very high standard trading fees
  • No futures
  • No proof of reserves

6. Bit2Me

Bit2Me6.1/10Visit

For a smaller, Spain-supervised option, Bit2Me holds its MiCA licence through Bitcoinforme S.L. under the Comisión Nacional del Mercado de Valores (CNMV). That gives it the same EU oversight as the larger names here. The coin list is smaller, with 192 coins across 210 trading pairs.

Bit2Me sticks to spot trading, with no futures, so it fits buying and holding rather than leverage. It also offers a debit card and has its own token, B2M.

Identity verification is required, and the exchange keeps coins in cold storage. Bit2Me, set up in 2014 and based in Elche, Spain, was founded by Leif Ferreira and Andrei Manuel; today Leif Ferreira and Koh Onozawa Martinez lead it as co-CEOs. Without a published proof of reserves, you have no public way to confirm that customer deposits are fully backed.

Key points

  • Bit2Me holds a MiCA licence from Spain's CNMV through Bitcoinforme S.L.
  • You can trade 192 coins on spot, but there are no futures.
  • The lack of proof of reserves is the main catch, since you can't verify that deposits are fully backed.

What we like

  • MiCA licence from Spain's CNMV
  • Debit card
  • Cold storage for coins
  • 192 spot coins

What holds it back

  • No futures
  • No proof of reserves
  • Smaller coin range than most rivals

7. Bitstamp

Bitstamp7.2/10Read reviewVisit

Bitstamp has one of the longest track records in crypto and a MiCA licence from Luxembourg's CSSF, held by Bitstamp Europe S.A. EU customers can also trade 20 perpetual futures markets through a Slovenian MiFID company. Leverage on those markets is capped at 10x.

SEPA deposits are free, but SEPA withdrawals cost €3, and you can also fund or cash out by card, PayPal, Apple Pay or Google Pay. Spot trading for EU customers costs 0.3% as a maker and 0.4% as a taker, with 118 coins to choose from. USDT, DAI, PYUSD and WBTC can't be traded, so your stablecoin choices are limited.

ID verification is required, with daily withdrawal limits of $50,000 at the first level and $250,000 after proof of residence. Bitstamp opened in 2011, operates from Luxembourg and has Jean-Baptiste Graftieau as CEO; Nejc Kodrič is a co-founder, and Robinhood has owned it since June 2025. It lost about 19,000 BTC from its hot wallet in a 2015 phishing attack, and because it publishes no proof of reserves, there's no way to check that customer deposits are fully backed.

Key points

  • Bitstamp is MiCA licensed by the CSSF in Luxembourg through Bitstamp Europe S.A.
  • EU customers get spot trading and perpetual futures with leverage up to 10x.
  • Free SEPA deposits help, but without proof of reserves you can't verify that deposits are fully backed.

What we like

  • MiCA licence from Luxembourg's CSSF
  • Free SEPA deposits
  • Card, PayPal, Apple Pay and Google Pay funding
  • Long operating history

What holds it back

  • No proof of reserves
  • Fee on SEPA withdrawals
  • Smaller coin list than most rivals
  • Past hot wallet hack

How we ranked these exchanges

Our editorial team selected, tested and ranked the best crypto exchanges for traders in Hungary. We started with exchanges that accept users in Hungary and ordered them on the whole package they offer. 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 carry a higher score.

  • EU licensing: whether the exchange holds a MiCA licence and which regulator supervises it.
  • Euro funding and withdrawals: SEPA and the other ways to move money in and out.
  • Trading fees: what spot and futures trades cost.
  • What you can trade: coin range, futures and other products.
  • Security record: past incidents and whether proof of reserves is published.

Yes, buying, holding and trading crypto is legal in Hungary. The Central Bank of Hungary (Magyar Nemzeti Bank, MNB) is Hungary’s authority under MiCA, the EU’s crypto rulebook. An exchange licensed under MiCA in any EU country can serve customers in Hungary, and it stays under the supervision of its home regulator. Exchanges without a MiCA licence are not supervised by any EU regulator, so MiCA’s protections don’t cover the money you hold with them.

How is crypto taxed in Hungary?

Hungary taxes crypto profits at 15% personal income tax once you turn crypto into money or use it to buy goods or services. Swapping one crypto for another is tax-free. The profit is worked out for the whole year: what you received from those transactions minus what you spent that year buying crypto and on fees.

Small transactions are exempt if each brings in no more than 10% of the minimum wage, you have no other such transaction that day, and the year’s total stays within one month’s minimum wage. You report crypto income on your annual personal income tax return, and a reported loss can later reduce the crypto tax you pay. 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 National Tax and Customs Administration (NAV) or a tax adviser before you file.

Official sources, checked September 2026: NAV: guide to the 2025 personal income tax return (25SZJA); NAV: how we pay tax this year (January 2026); NAV: taxation of income from crypto transactions; European Commission: DAC8 crypto-asset reporting.

How to buy crypto in Hungary

Once you’ve picked an exchange, buying Bitcoin or Ethereum in Hungary takes only a few steps.

  1. Choose a MiCA-licensed exchange. The Central Bank of Hungary (Magyar Nemzeti Bank, MNB) is Hungary’s authority under MiCA, and a MiCA licence from any EU country lets an exchange serve you in Hungary. Kraken, Coinbase, Bitvavo, Bitpanda, Bit2Me and Bitstamp all hold one.
  2. Open an account and verify your ID. Sign up with your email, then upload a government-issued ID and complete the face check. Every exchange here asks for verification before you can deposit or trade.
  3. Deposit euros. A SEPA transfer is the usual route, and Bitvavo and Bitstamp don’t charge for SEPA deposits. Card, PayPal, Apple Pay and other methods are faster but often cost more.
  4. Buy your coin. Go to the spot market and buy Bitcoin, Ethereum or another coin such as Solana or XRP. A limit order usually costs less than buying at market price.
  5. Secure your coins and keep records. Turn on two-factor authentication and move long-term holdings to your own wallet. Save a record of every trade for your tax return.

Bottom line

Phemex gives active traders the lowest fees, the widest coin list and the most leverage here, but it holds no MiCA licence, so no EU regulator watches over your money there. If you want EU oversight, Kraken and Coinbase add futures to a MiCA licence, and Bitstamp does the same with free SEPA deposits. Bitvavo is the cheapest licensed option for simple euro spot buying. Bitpanda suits investors who also want stocks and ETFs, and Bit2Me offers a smaller, Spain-supervised alternative.

Questions

Frequently asked

Yes. Buying, holding and trading crypto is legal in Hungary. The Central Bank of Hungary (Magyar Nemzeti Bank, MNB) is Hungary's authority under MiCA, and any exchange with a MiCA licence from an EU country can serve customers here.

Phemex charges the least on spot trades in this ranking, but it has no MiCA licence. Among the MiCA-licensed exchanges, Bitvavo has the lowest standard spot fees.

Yes. Kraken, Coinbase and Bitstamp offer futures to EU customers through separately licensed companies, with leverage capped at ten times. Bitvavo, Bitpanda and Bit2Me offer spot trading only, with no futures.

The usual way is a SEPA transfer in euros, which Phemex, Kraken, Coinbase, Bitvavo, Bitpanda and Bitstamp all accept. Cards, PayPal, Apple Pay and other methods are also available on several of them, often for a higher fee.

USDT is not compliant with MiCA, so MiCA-licensed exchanges such as Kraken, Coinbase and Bitstamp can't offer it to EU customers. You trade against euros or MiCA-compliant coins instead.

Phemex publishes proof of reserves and requires ID verification, but it holds no MiCA licence, so no EU regulator supervises it. In January 2025, attackers stole about 85 million dollars from its hot wallets, so keep only your trading funds on the exchange.