• Fri. Jun 21st, 2024

Top 6 Crypto Trading Platforms and Exchanges in Europe

Louise Villalobos

ByLouise Villalobos

Jan 29, 2024

Engaging in crypto trading is becoming more accessible by the day, thanks to the many trading platforms being launched with easy-to-use interfaces, which allow both novice and experienced traders to navigate the digital asset space without hassle. Moreover, a number of reliable payment service providers like Visa, Mastercard, and PayPal are now facilitating crypto transactions, making it easy for crypto traders to fund their accounts.

Are you in a European country? If so, this article is for you. Stick around! We will explore some of the leading crypto trading platforms in Europe.

INX


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Developed in 2017, INX is a trading platform with a focus on crypto and blockchain-based digital securities. Shy Datika is the brains behind the platform.

INX is serious about being a regulatory-compliant trading platform, and that’s why it has secured licenses from several financial regulators, including the US Securities and Exchange Commission.

Here are the trading costs you should expect:

  • Funding your account via bank transfers will cost you $15.
  • Deposits via credit cards attract a 3.50% fee.
  • INX imposes Taker and Maker Fees of 0.4% and 0.3%, respectively.

Pros and Cons of INX

Pros

  • INX offers unlimited access to learning resources.
  • Provide customer support via phone calls.
  • The trading platform is highly regulated, so user funds are safe.

Cons

  • INX’s asset offering is limited.

PointPay

With PointPay, you can enjoy trading cryptocurrencies at low fees. The platform is ideal for beginners due to its “Crypto School” feature, which gives users access to step-by-step tutorials that teach how to trade digital currencies.

Moreover, if you don’t like active trading, you can commit your digital assets to PointPay’s liquidity pools to earn interest, usually about 6.2%.

Pros and Cons of PointPay

Pros

  • PointPay offers a safe wallet for storing digital currencies.
  • Besides generating profits from trading, you can earn interest.

Cons

  • PointPay only supports the trading of a few crypto assets.
  • You need the platform’s native token, PXP, to get access to tutorials.

AvaTrade

Although AvaTrade is known as one of the top Forex brokers, it also supports other tradable instruments like cryptocurrencies. There are 12 digital tokens available for trade on AvaTrade, a highly regulated trading platform.

Pros and Cons of AvaTrade

Pros

  • AvaTrade offers a secure way of processing deposits.
  • Provides trading education.
  • It lets users automate their trading strategies.

Cons

  • The broker’s crypto offering is limited.

StormGain

One of the all-in-one cryptocurrency exchanges available in Europe is StormGain. Besides letting you trade top digital currencies like Bitcoin, Litecoin, and Ethereum, StormGain gives you access to Bitcoin cloud mining. Moreover, users get to enjoy a high leverage of up to 300x.

You can easily fund your wallet with any crypto by purchasing it using a credit card.

Pros and Cons of StormGain

Pros

  • StormGain applies low trading fees.
  • Offers deposit bonuses after funding your account.

Cons

  • StormGain doesn’t offer offramp services.
  • The lack of educational resources makes the crypto exchange not suitable for beginners.

Bybit

Bybit is ideal for crypto traders who love opening leveraged trades. The Crypto exchange is registered in Dubai but operates in more than 200 countries. Since Bybit is designed to serve experienced traders, it comes with advanced trading tools that enable users to analyze the crypto markets efficiently.

The exchange also does not take user safety lightly. It adopts two-factor authentication and encrypts all communications between the support team and customers. Additionally, user funds are stored in cold wallets to prevent hackers from accessing them.

Pros and Cons of Bybit

Pros

  • Bybit boasts high liquidity.
  • Supports thousands of cryptocurrencies

Cons

  • Bybit is not recommended for novice traders.

ProBit Global

Besides letting you trade hundreds of digital currencies, ProBit Global gives you access to its IEO section, which allows you to invest in promising crypto projects. What’s more, you can stake the platform’s native token PROB in exchange for staking rewards.

Pros and Cons of ProBit Global

Pros

  • ProBit Global supports a wide range of crypto assets.
  • You can stake tokens to earn passively.

Cons

  • The exchange’s customer support needs improvements.
Louise Villalobos

Louise Villalobos

Louise Villalobos is an adept writer, renowned for her compelling articles that illuminate and engage. Her prowess in breaking down intricate subjects provides readers with clarity and nuance. With a vast and varied portfolio, Louise has solidified her standing as a distinguished voice in contemporary journalism.