Country ranking · Portugal

8 Best Crypto Exchanges in Portugal (2026)

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

On this page
Key takeaways
  • OKX EU is our top pick for traders in Portugal who want spot, futures and bots under a MiCA licence.
  • Bitvavo and Bitstamp suit people who mostly buy and hold with euros, while Bitpanda adds stocks and ETFs at a higher price.
  • Bitunix has no MiCA licence and only pays out in crypto, so no EU regulator protects your money there.
Top pick 2026
1

OKX EU

Spot fees (maker/taker)0.1% / 0.2%
Assets290
Max leverage10×
KYCRequired
  • MiCA licence from Malta's MFSA
  • Futures at 0.02% maker and 0.05% taker
  • Many euro deposit options, including SEPA and PayPal
Accepts clients from Portugal
7.9CWR Score
Bonusup to €400
Fee discount10%
Terms & how to claim
2

Bitpanda

Spot fees (maker/taker)1.49% / 1.49%
Assets575
Max leverage—
KYCRequired
  • MiCA licence from Austria's FMA
  • Stocks, ETFs and metals next to crypto
  • Many euro deposit options
Accepts clients from Portugal
6.4CWR Score
Bonusup to 100€
3

Kraken

Spot fees (maker/taker)0.4% / 0.8%
Assets679
Max leverage10×
KYCRequired
  • MiCA licence from the Central Bank of Ireland
  • Publishes proof of reserves
  • 679 spot coins
Accepts clients from Portugal
4

Coinbase

Spot fees (maker/taker)0.25% / 0.5%
Assets402
Max leverage10×
KYCRequired
  • MiCA licence from Luxembourg's CSSF
  • Publishes proof of reserves
  • Low futures fees
Accepts clients from Portugal
5

Bitvavo

Spot fees (maker/taker)0.15% / 0.25%
Assets427
Max leverage—
KYCRequired
  • MiCA licence from the Dutch AFM
  • Spot fees of 0.15% maker
  • Free SEPA deposits
Accepts clients from Portugal
6

Bit2Me

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

Bitstamp

Spot fees (maker/taker)0.3% / 0.4%
Assets118
Max leverage10×
KYCRequired
  • MiCA licence from Luxembourg's CSSF
  • Perpetual futures for EU customers
  • Free SEPA deposits
Accepts clients from Portugal
8

Bitunix

Spot fees (maker/taker)0.08% / 0.1%
Assets546
Max leverage200×
KYCNo KYC
  • Spot fees of 0.08% maker
  • 520 futures coins
  • Publishes proof of reserves
Accepts clients from Portugal
8.4CWR Score
Bonusup to $10,000
Cashback10%
Terms & how to claim

Every exchange in this ranking at a glance

ExchangeSpot assetscryptoFutures assetsSpot feesmaker/takerFutures feesmaker/takerMax leverage Portugal
1. OKX EUVisit 2901550.1% / 0.2%0.02% / 0.05%10×Yes
2. BitpandaVisit 575—1.49% / 1.49%——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. BitvavoVisit 427—0.15% / 0.25%——Yes
6. Bit2MeVisit 192————Yes
7. BitstampVisit 118—0.3% / 0.4%—10×Yes
8. BitunixVisit 5465200.08% / 0.1%0.02% / 0.06%200×Yes

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

The best crypto exchanges in Portugal

OKX EU is our top pick for traders in Portugal who want spot trading, futures and trading bots on one account, with euro deposits and SEPA withdrawals to a Portuguese bank. It runs under a MiCA licence, the EU-wide crypto licence. A MiCA licence puts the company holding your money under an EU regulator and gives you MiCA’s investor protections. An exchange licensed in any EU country can serve you in Portugal.

Beyond the licence, look at how you get euros in and out, because some exchanges accept SEPA deposits but only let you withdraw crypto. Check trading fees closely too: standard spot rates here run from low to steep. Finally, look at what you can actually trade from Portugal. MiCA rules block USDT on licensed exchanges, and futures leverage for EU customers is capped lower than on offshore platforms.

1. OKX EU

OKX EU7.9/10Read reviewVisit

If you want spot, futures and automation under one EU licence, OKX EU covers the most ground. It's OKX's European service, run by OKX Europe Limited under a MiCA licence from the Malta Financial Services Authority (MFSA), and that licence extends to Portugal. You get 290 coins on spot, plus trading bots, staking and a debit card.

You can deposit euros by SEPA, card, Apple Pay, Google Pay, PayPal or iDEAL, and cash out to your bank by SEPA. Spot costs 0.1% for makers and 0.2% for takers, while futures cost 0.02% and 0.05%. The futures are five-year X-Perps offered through OKX Europe Markets under MiFID II, with up to 10x leverage.

You must verify your ID before you trade. OKX EU launched in 2018, is based in Sliema, Malta and is led by CEO Erald Ghoos, while the wider OKX group was founded by Star Xu. The main catch is that MiCA rules block USDT trading, so if you're used to USDT pairs on other exchanges you'll have to trade against other currencies.

Key points

  • OKX EU holds a MiCA licence from Malta's MFSA, and that licence covers Portugal.
  • You can fund in euros by SEPA, card or PayPal and withdraw back to your bank by SEPA.
  • Futures cost 0.02% for makers, but USDT can't be traded.

What we like

  • MiCA licence from Malta's MFSA
  • Futures at 0.02% maker and 0.05% taker
  • Many euro deposit options, including SEPA and PayPal
  • SEPA withdrawals to your bank
  • Trading bots and staking

What holds it back

  • No USDT trading
  • Spot taker fee of 0.2% is on the high side
  • Futures leverage capped at 10x

2. Bitpanda

Bitpanda6.4/10Read reviewVisit

Bitpanda is built for people who want crypto next to stocks and ETFs in one simple app. Bitpanda GmbH is licensed under MiCA by Austria's Financial Market Authority (FMA), and that authorization is valid in Portugal. Alongside 575 coins, you can buy 7,758 stocks, 2,638 ETFs and 149 commodities, and set up automatic savings plans.

You can deposit euros by SEPA, card, Klarna, Skrill, Neteller or iDEAL and withdraw to your bank. The price is steep: the standard app charges 1.49% for makers and takers. Active traders can switch to Bitpanda Fusion, where fees start at 0.25% and fall as your 30-day volume grows.

You have to verify your ID before depositing, and there are no futures. Co-founder Christian Trummer started Bitpanda in 2014; the company has its headquarters in Vienna, with Eric Demuth as CEO. It doesn't publish proof of reserves, so you can't check for yourself that customer holdings are fully backed.

Key points

  • Bitpanda is licensed under MiCA by Austria's FMA.
  • Crypto, stocks, ETFs and commodities sit in one account, but there are no futures.
  • A standard fee of 1.49% makes frequent trading expensive.

What we like

  • MiCA licence from Austria's FMA
  • Stocks, ETFs and metals next to crypto
  • Many euro deposit options
  • Beginner-friendly app with savings plans
  • Staking and a debit card

What holds it back

  • Standard fee of 1.49%
  • No futures trading
  • No proof of reserves

3. Kraken

Kraken pairs a long track record with a wide menu of markets. Payward Europe Solutions Limited holds its MiCA licence from the Central Bank of Ireland (CBI), which covers Portugal. Kraken also publishes proof of reserves, letting you verify that deposits are backed, and it lists 679 coins on spot.

You can add euros through a SEPA transfer, a bank card, PayPal or the Apple and Google mobile wallets, and cash out by SEPA as well. On spot, Kraken charges 0.4% on maker orders and 0.8% on taker orders, while futures run 0.02% and 0.05% respectively. EU customers trade 177 futures markets through a CySEC-licensed company with up to 10x leverage, and they can't trade USDT or eight other stablecoins.

You need to verify your ID, including a face check. Kraken dates back to 2011, when Jesse Powell co-founded it, and today it is headquartered in San Francisco, USA with CEO David Ripley in charge. The main drawback is the spot taker fee, which makes buying at market price costlier than on several rivals here, so use limit orders where you can.

Key points

  • Kraken's MiCA licence comes from the Central Bank of Ireland.
  • EU customers get futures through a CySEC-licensed company, with lower leverage than elsewhere.
  • Spot costs 0.8% for takers, which is higher than several rivals.

What we like

  • MiCA licence from the Central Bank of Ireland
  • Publishes proof of reserves
  • 679 spot coins
  • Futures at 0.02% maker
  • SEPA deposits and withdrawals

What holds it back

  • Spot taker fee of 0.8%
  • No USDT trading in the EU
  • Lower futures leverage for EU customers

4. Coinbase

Coinbase7.7/10Read reviewVisit

Beginners who want a large, publicly listed company behind their account will feel at home on Coinbase. It serves Portugal through Coinbase Luxembourg S.A., licensed under MiCA by Luxembourg's Commission de Surveillance du Secteur Financier (CSSF). It lists 402 coins and publishes proof of reserves.

EU customers pay 0.25% when a spot order adds liquidity and 0.5% when it fills immediately. Futures cost 0.05% for makers and takers and run through a CySEC-licensed company with up to 10x leverage. You can deposit by SEPA, card or PayPal and cash out by SEPA or bank transfer, but USDT and other non-MiCA stablecoins aren't available.

ID and a face check are required, and EU accounts need a higher verification level before you can send or receive crypto. Coinbase launched in 2012, with Brian Armstrong among its co-founders and still serving as CEO, and the company works remote-first. Thousands of customer accounts were compromised in 2021, so switch on two-factor authentication and address whitelisting to protect yours.

Key points

  • Coinbase is licensed under MiCA by Luxembourg's CSSF.
  • EU spot fees are 0.25% for makers, and futures cost 0.05% on both sides.
  • You fund by SEPA, card or PayPal, but USDT isn't tradable in the EU.

What we like

  • MiCA licence from Luxembourg's CSSF
  • Publishes proof of reserves
  • Low futures fees
  • Beginner-friendly app
  • SEPA deposits and withdrawals

What holds it back

  • Spot fees higher than many rivals
  • No USDT trading in the EU
  • Past compromises of customer accounts

5. Bitvavo

Bitvavo8.9/10Read reviewVisit

For cheap euro spot trading under an EU licence, Bitvavo is hard to beat. Bitvavo B.V. is authorized under MiCA by the Netherlands Authority for the Financial Markets (AFM), which lets it serve you in Portugal. It offers 427 coins, mostly paired with the euro, and publishes proof of reserves.

Bitvavo's standard spot rates, 0.15% if you add liquidity and 0.25% if you take it, are among the lowest in this ranking. SEPA deposits are free, card and PayPal deposits carry a fee, and you cash out to your bank by SEPA. There are no futures or margin, so it only suits buying and holding or spot trading.

KYC is required, and withdrawals are capped at €25,000 a day. Bitvavo has been around since 2018, calls Amsterdam home and is led by co-founder and CEO Mark Nuvelstijn. Its staking and lending fall outside MiCA, so the licence's protections don't extend to coins you put into Earn.

Key points

  • Bitvavo holds a MiCA licence from the Dutch AFM.
  • Spot costs 0.15% for makers, and SEPA deposits are free.
  • There are no futures, and daily withdrawals stop at €25,000.

What we like

  • MiCA licence from the Dutch AFM
  • Spot fees of 0.15% maker
  • Free SEPA deposits
  • Publishes proof of reserves
  • Staking with weekly payouts

What holds it back

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

6. Bit2Me

Bit2Me6.1/10Visit

Right across the border in Spain, Bit2Me gives Portuguese buyers a local-feeling option with an EU licence. Bitcoinforme S.L. holds its MiCA licence from Spain's Comision Nacional del Mercado de Valores (CNMV), which lets it serve Portugal. You can trade 192 coins on spot.

It's spot only, and EU customers get no futures. There's a debit card for spending your crypto and a native B2M token, and Bit2Me keeps coins in cold storage.

You have to verify your ID to trade. Bit2Me, which operates out of Elche, Spain, was founded in 2014 by Leif Ferreira and Andrei Manuel, and co-CEOs Leif Ferreira and Koh Onozawa Martinez lead it today. There's no proof of reserves, which leaves you unable to verify that customer deposits are fully backed.

Key points

  • Bit2Me is licensed under MiCA by Spain's CNMV.
  • You get 192 coins on spot, with no futures for EU customers.
  • It publishes no proof of reserves.

What we like

  • MiCA licence from Spain's CNMV
  • 192 spot coins
  • Debit card for spending
  • Uses cold storage

What holds it back

  • No futures
  • No proof of reserves

7. Bitstamp

Bitstamp7.2/10Read reviewVisit

One of the oldest exchanges around, Bitstamp now gives EU customers perpetual futures alongside spot. Bitstamp Europe S.A. is supervised under MiCA by Luxembourg's CSSF, and that authorization covers you in Portugal. Futures come through a Slovenian MiFID company, with 20 markets and up to 10x leverage for EU customers.

You can trade 118 coins, paying 0.3% as a maker and 0.4% as a taker, with lower rates as your volume grows. SEPA deposits are free, you can also pay with PayPal, a card or a phone wallet, and SEPA withdrawals cost €3. USDT, DAI, PYUSD and WBTC can't be traded under MiCA.

KYC is mandatory before you fund your account. Bitstamp started in 2011 with Nejc Kodrič as a co-founder; it works out of Luxembourg under CEO Jean-Baptiste Graftieau, and Robinhood has owned it since June 2025. Attackers stole a large amount of bitcoin from its hot wallet in 2015, and with no published proof of reserves, you have no way to confirm its backing yourself.

Key points

  • Bitstamp holds a MiCA licence from Luxembourg's CSSF.
  • EU customers can trade perpetual futures through a Slovenian MiFID company.
  • SEPA deposits are free, but each SEPA withdrawal costs a small fee.

What we like

  • MiCA licence from Luxembourg's CSSF
  • Perpetual futures for EU customers
  • Free SEPA deposits
  • Long operating history

What holds it back

  • Spot fees of 0.3% maker and 0.4% taker
  • Fee on SEPA withdrawals
  • No proof of reserves
  • Hot wallet hack in its past

8. Bitunix

Bitunix8.4/10Read reviewVisit

Bitunix is for experienced traders who want low fees and very high leverage and will accept weaker oversight to get them. It holds no MiCA licence, so for someone in Portugal no EU regulator supervises the company holding your money, and MiCA's investor protections don't apply. In return you get 546 spot coins and 520 futures coins with up to 200x leverage.

A spot trade costs 0.08% for resting limit orders or 0.1% for orders that fill right away, while futures come in at 0.02% and 0.06%. Deposits go in by SEPA transfer, debit or credit card, PayPal, Google Pay or Apple Pay, but withdrawals are crypto only, so you can't send euros straight back to your Portuguese bank.

KYC is optional, and Bitunix publishes proof of reserves. It launched in 2021, is based in Seychelles and was founded by Arron Lee, who is also CEO. At 200x leverage, a small price move against you can wipe out your position, and without EU supervision you have little recourse if something goes wrong.

Key points

  • Bitunix has no MiCA licence, so no EU regulator supervises it.
  • Fees are low, with futures at 0.02% for makers and up to 200x leverage.
  • You can deposit by SEPA, but you can only withdraw crypto.

What we like

  • Spot fees of 0.08% maker
  • 520 futures coins
  • Publishes proof of reserves
  • SEPA and card deposits
  • Optional KYC

What holds it back

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

How we ranked these exchanges

Our editorial team selected, tested and ranked the best crypto exchanges for traders in Portugal. We only included exchanges that accept users in Portugal, then ordered them on the whole package rather than by a formula. That order is our editors’ judgment, while the CWR Score on each card rates that exchange on its own, so some lower-placed exchanges have a higher score.

  • EU licensing: whether the exchange holds a MiCA licence and which regulator supervises it.
  • Euro funding: SEPA and other ways to deposit, and whether you can withdraw euros to your bank.
  • Trading fees: standard spot and futures rates.
  • What you can trade: coins, futures and other products available from Portugal.
  • Security record: past incidents and proof of reserves.

Yes, buying, holding and trading crypto is legal in Portugal. The CMVM (Portugal’s securities market commission) and Banco de Portugal are Portugal’s authorities under MiCA, the EU’s crypto rulebook. Before MiCA, crypto firms registered with Banco de Portugal, and MiCA licensing has replaced that registration. An exchange with a MiCA licence from any EU country can serve customers in Portugal. Exchanges without one are not supervised by an EU regulator, so MiCA’s protections don’t cover your money there.

How is crypto taxed in Portugal?

In Portugal, profits from selling crypto you held for less than 365 days are taxed at a flat 28%, or at your normal income tax rates if you choose to add them to your other income. Crypto held for 365 days or more is not taxed when you sell it, as long as the other party is in the EU or EEA, or in a country with a tax agreement with Portugal.

Swapping one crypto for another is not taxed at the time; tax arises when you sell for money. You declare sales in your annual IRS return, on Annex G for crypto held under 365 days and on Annex G1 for longer-held crypto, which must be declared even though it is not taxed. 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 Tax and Customs Authority (Autoridade Tributária e Aduaneira) or a tax adviser before you file.

Official sources, checked September 2026: Tax and Customs Authority: crypto-assets leaflet (December 2025); Personal Income Tax Code, article 10: capital gains; European Commission: DAC8 crypto-asset reporting.

How to buy crypto in Portugal

Once you’ve picked an exchange, getting your first Bitcoin or Ethereum in Portugal takes little more than a bank transfer and a few minutes of setup.

  1. Choose a MiCA-licensed exchange. The CMVM (Portugal’s securities market commission) and Banco de Portugal are Portugal’s authorities under MiCA, and a MiCA licence from any EU country covers Portugal. Licensed exchanges are supervised by an EU regulator, and MiCA’s investor protections apply to you.
  2. Open an account and verify your ID. Sign up with your email, then upload a photo ID and complete the face check most exchanges ask for.
  3. Deposit euros by SEPA. Send a SEPA transfer from your Portuguese bank. Bitvavo and Bitstamp don’t charge for SEPA deposits.
  4. Buy on the spot market. Pick Bitcoin, Ethereum or another coin such as Solana or XRP. A limit order usually costs less than buying at market price.
  5. Keep your coins safe and your records tidy. Turn on two-factor authentication and address whitelisting. Save a record of every trade for your tax return.

Bottom line

For most people in Portugal, OKX EU is the best all-round choice: it holds a MiCA licence, takes euros in many ways, pays out by SEPA and adds futures and bots. If you only want to buy and hold, Bitvavo offers low spot fees and free SEPA deposits, and Bitpanda suits you if you want stocks and ETFs in the same app and don’t mind higher fees. Kraken, Coinbase and Bitstamp are solid licensed alternatives with futures for EU customers. Bitunix offers the lowest fees and highest leverage, but it holds no MiCA licence and only lets you withdraw crypto, so no EU regulator protects your money there.

Questions

Frequently asked

Yes. Buying, holding and trading crypto is legal in Portugal. The CMVM and Banco de Portugal are the country's authorities under MiCA, the EU crypto rules. Any exchange with a MiCA licence from an EU country can serve you in Portugal.

Coinbase and Bitvavo are both easy to start with and hold MiCA licences. Bitvavo charges less on spot trades and takes free SEPA deposits. Bitpanda is simple too, but its standard fees are much higher.

Yes, on several MiCA-licensed exchanges. OKX EU, Kraken, Coinbase and Bitstamp offer futures to EU customers through separately licensed companies, with leverage capped at ten times.

USDT doesn't meet MiCA's stablecoin rules, so licensed exchanges such as OKX EU, Kraken, Coinbase and Bitstamp don't offer USDT trading to EU customers. You'll need to trade against euros or other supported currencies instead.

OKX EU, Kraken, Coinbase, Bitvavo and Bitstamp support SEPA withdrawals, and Bitpanda pays out by bank transfer. Bitunix only lets you withdraw crypto, so you can't cash out euros directly there.

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. If something goes wrong, you have far less recourse.