Compare the best crypto exchanges in Hungary for 2026: MiCA licences, SEPA deposits and withdrawals, fees, coins, futures and each exchange's main catch.
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 huge choice of coins and futures with high leverage, as long as they can accept that it has no MiCA licence. Every exchange here except Phemex holds one. A MiCA licence is the EU’s crypto licence. It puts the exchange under an EU regulator, gives you MiCA’s investor protections, and lets a company licensed in any EU country serve you in Hungary, where the Central Bank of Hungary (Magyar Nemzeti Bank, MNB) is the authority.
Beyond licensing, check how you move money in and out. Most exchanges here take euros by SEPA. Fees vary widely, from a fraction of a percent to well over one percent per trade, and only some of these exchanges let you trade futures.
Phemex suits traders who want wide choice at low cost: 1,028 coins on spot and futures on 816 coins, with up to 100x leverage. Spot trades cost 0.1% for makers and takers. Futures cost 0.01% for limit orders and 0.06% for market orders, and copy trading, free trading bots and a demo account come on top.
The trade-off is regulation. Phemex 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 Hungary. It does publish proof of reserves, which lets you check that customer deposits are backed.
You can deposit euros by SEPA, card, Apple Pay, Google Pay or P2P and cash out by bank transfer, P2P or crypto, and new users must verify their ID since Phemex made KYC mandatory in 2026. The exchange launched in 2019, is based in Singapore and was co-founded by Jack Tao. Its main risk is the January 2025 hack in which about $85 million in crypto was stolen from its hot wallets, so keep only what you are actively trading on the platform.
Key points
Phemex has no MiCA licence, so no EU regulator oversees the company holding your funds.
You can trade 1,028 coins on spot and futures with up to 100x leverage, plus copy trading and bots.
Low fees and SEPA deposits make it cheap to use, but a large hot wallet hack in 2025 is the main catch.
Kraken pairs a MiCA licence with one of the longest track records in crypto, so the company holding your money answers to an EU regulator. You can fund your account with euros by SEPA or use a card, PayPal, Apple Pay or Google Pay, then withdraw by SEPA, bank transfer, card or PayPal.
Spot trading covers 682 coins, but default fees of 0.4% for makers and 0.8% for takers make small, frequent trades expensive. Futures are far cheaper at 0.02% maker and 0.05% taker, and EU customers get up to 10x leverage across 168 futures markets. Staking and a debit card add extras for longer-term holders.
ID verification is required, and Kraken publishes proof of reserves so you can check that deposits are backed. Kraken dates back to 2011, has its headquarters in San Francisco, USA, counts Jesse Powell among its co-founders and is led by CEO David Ripley. The main drawback is cost: on the standard schedule its spot fees are among the highest here, so buying and selling often eats into your returns.
Key points
Kraken holds a MiCA licence, so an EU regulator supervises it and it can serve customers in Hungary.
You can trade 682 spot coins plus futures, with leverage capped at 10x for EU customers.
Euro funding by SEPA is easy, but default spot fees reach 0.8% for takers.
For buyers in Hungary who want a large, well-known platform, Coinbase holds a MiCA licence and sits under EU supervision. On spot, EU customers pay 0.25% with a limit order and 0.5% when buying at market price, while perpetual futures cost 0.05% whichever order type you use.
There are 399 coins on spot and futures on 131 coins with up to 10x leverage, plus staking and prediction markets. You can deposit euros by SEPA, card or PayPal and withdraw by SEPA, bank transfer or SWIFT.
Verification is strict: in the EU you need Level 3 before you can send or receive crypto, and since January 2026 you must also give your tax residency and tax ID number. Coinbase was co-founded in 2012 by Brian Armstrong, who still runs it as CEO, and it operates as a remote company without a fixed head office. Its main risk is account security, since over 6,000 customers had their accounts compromised in spring 2021, so turn on two-factor authentication and address whitelisting before you deposit.
Key points
Coinbase holds a MiCA licence, so an EU regulator oversees it for customers in Hungary.
EU spot fees are 0.25% for makers and 0.5% for takers, with futures up to 10x leverage.
Euros go in by SEPA, card or PayPal and come out by SEPA, but past account takeovers show why strong login security matters.
Stocks, ETFs, metals and crypto in one app are Bitpanda's draw, and its MiCA licence keeps that app under an EU regulator. Next to 568 coins it offers 7,772 stock tokens and 2,630 ETFs, plus crypto indices and savings plans that buy on a schedule for you.
Funding options are broad: SEPA, card, PayPal, Apple Pay, Skrill, Neteller, Klarna, iDEAL and EPS, with withdrawals by SEPA or bank transfer. Standard trades carry a flat 1.49% whether you place a limit order or buy at market, so frequent buying adds up fast, though the separate Bitpanda Fusion interface starts at 0.25% for active traders. There are no futures, which limits you to buying, holding and staking.
Full ID verification, including questions on your income and source of funds, comes before any deposit or trade. Founded in 2014 by a team that included co-founder Christian Trummer, Bitpanda has its home in Vienna and is run by CEO Eric Demuth. A real drawback is the lack of published proof of reserves, which leaves you no way to verify that customer assets are fully backed.
Key points
Bitpanda holds a MiCA licence and is based in Vienna, inside the EU.
You can trade 568 coins plus stocks, ETFs and metals, but no futures.
Euro funding options are broad, though standard trades cost 1.49% for makers and takers.
Spanish exchange Bit2Me gives you a simple route into crypto backed by a MiCA licence, so an EU regulator supervises it and it can serve customers in Hungary. That means MiCA's investor protections on a platform built around spot trading rather than leverage.
You can trade 191 coins on spot, a smaller range than most exchanges here, and there are no futures. Bit2Me also has its own B2M token, a debit card for spending crypto, and uses cold storage for funds.
Identity verification is required before you can trade. Bit2Me launched in 2014 in Elche, Spain, co-founded by Leif Ferreira and Andrei Manuel, and co-CEOs Leif Ferreira and Koh Onozawa Martinez have run it since 2024. No proof of reserves is published, which means you're relying on trust that customer deposits are fully backed.
Key points
Bit2Me holds a MiCA licence, so it is supervised in the EU and can serve customers in Hungary.
You can trade 191 coins on spot, with no futures.
The main catch is the lack of proof of reserves, which means you can't verify that deposits are fully backed.
Bitstamp, a long-running exchange, holds a MiCA licence, so EU supervision and MiCA's protections cover your account in Hungary. Euro funding is simple: SEPA deposits are free and SEPA withdrawals cost €3, with cards, PayPal, Apple Pay and Google Pay also available both ways.
Spot trading starts at 0.3% when your limit order waits on the book and 0.4% when you trade at market price, with both rates dropping as your trading volume grows. The range is narrow at 117 coins, so check that yours are there before signing up. As an EU customer you can also trade perpetual futures on 20 markets with up to 10x leverage.
KYC is mandatory, and adding proof of residence raises the daily withdrawal limit from $50,000 to $250,000. Co-founded by Nejc Kodrič in 2011, Bitstamp is based in Luxembourg, has been owned by Robinhood since 2024 and is led by CEO Jean-Baptiste Graftieau. Without published proof of reserves, there's no independent way to confirm that customer deposits are fully backed.
Key points
Bitstamp holds a MiCA licence, so an EU regulator supervises it for customers in Hungary.
You can trade 117 coins on spot and, as an EU customer, perpetual futures with up to 10x leverage.
SEPA deposits are free and withdrawals cost €3, but there is no proof of reserves to show deposits are backed.
What we like
MiCA licence
Free SEPA deposits
Futures for EU customers
Fees fall with higher volume
What holds it back
Small coin range
No proof of reserves
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, then judged each one on the whole package rather than a single number. The order is an editorial 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 under MiCA
Euro funding and withdrawals
Trading fees on spot and futures
Coins and products you can trade
Security record, including past hacks and proof of reserves
Is crypto trading legal in Hungary?
Yes. Buying, holding and trading crypto is legal in Hungary. The Central Bank of Hungary (Magyar Nemzeti Bank, MNB) is the country’s authority under MiCA, the EU’s rules for crypto companies.
An exchange with a MiCA licence from any EU country may serve customers in Hungary and is supervised by an EU regulator. Exchanges without a MiCA licence are not supervised by any EU regulator, so MiCA’s investor protections don’t cover the money you keep 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.
Getting your first Bitcoin or Ethereum in Hungary takes little more than an exchange account and a bank transfer.
Choose a MiCA-licensed exchange. The Central Bank of Hungary (Magyar Nemzeti Bank, MNB) is Hungary’s authority under MiCA, and a MiCA licence issued in any EU country covers Hungary. Kraken, Coinbase, Bitpanda, Bit2Me and Bitstamp all hold one.
Open an account and verify your ID. Every exchange here asks for identity verification, usually a photo ID and often a selfie check. Some also ask about your income or tax details.
Deposit euros. SEPA transfers in euros work on Kraken, Coinbase, Bitpanda and Bitstamp. Cards, PayPal and Apple Pay are other options on several of them.
Buy on the spot market. Pick Bitcoin, Ethereum or another coin such as Solana or XRP. A market order fills right away, while a limit order lets you set your price and can cost less.
Secure your coins and keep records. Turn on two-factor authentication and consider moving long-term holdings to your own wallet. Save a record of every trade for your tax return.
Bottom line
Phemex suits active traders who put low fees, a vast coin range and futures first and can live without a MiCA licence. If EU supervision matters more to you, Kraken gives you a long track record, SEPA funding and cheap futures, while Coinbase charges EU customers less on spot and has a familiar app. Bitpanda fits investors who want stocks and ETFs next to crypto, Bitstamp keeps things simple with free SEPA deposits and futures for EU customers, and Bit2Me covers basic spot buying under a MiCA licence.
Questions
Frequently asked
Yes. Buying, holding and trading crypto is legal in Hungary. The Central Bank of Hungary (Magyar Nemzeti Bank, MNB) is the authority under MiCA, and any exchange with a MiCA licence from an EU country may serve you.
Phemex has low spot fees and very low futures fees, but no MiCA licence. Among the MiCA-licensed exchanges, Coinbase and Bitstamp charge EU customers the least on standard spot trades, while Bitpanda is the most expensive.
Yes. Kraken, Coinbase, Bitpanda, Bitstamp and Phemex all accept SEPA deposits in euros. Bitstamp doesn't charge for SEPA deposits but does charge a small fee for SEPA withdrawals.
Phemex, Kraken, Coinbase and Bitstamp offer futures, with Kraken and Bitstamp capping leverage lower for EU customers. Bitpanda and Bit2Me offer no futures.
Phemex publishes proof of reserves, so you can check that customer deposits are backed. It holds no MiCA licence, though, so no EU regulator supervises it, and hackers stole crypto from its hot wallets in early 2025.
Crypto gains can be taxable in Hungary. See the section How is crypto taxed in Hungary? above for the details.
We would like to use Google Analytics to see which pages are read. It sets cookies, and only if you accept. Privacy policy
Accepts clients from Hungary
