Easiest and cheapest ways to buy crypto in Luxembourg
No matter where they live, people always seek the easiest and cheapest way to buy bitcoin. Buying crypto in Luxembourg is a bit harder than in some other countries so we have compiled a list of exchanges where Luxembourg citizens can buy bitcoin.
Safello’s services are available in 32 European countries – both EU member states and countries outside the union. Safello is completely compliant with EU and Swedish law to ensure reliable service customers. Safello does not charge commission. Instead, it uses a “spread model”, meaning all fees (banking, forex fees, etc.) and commissions are included in the buying and selling price.
⚡️ Deposit fees: Depending on the membership ⚡️ Withdrawal fees: 0.00021 BTC ⚡️ Trading fees: 2.5% ⚡️ Payment Methods: Credit Card, Debit Card, Bank Transfer, Bank Transfer (SEPA), Swish Handelsbanken Direkt, Bankgirot iDEAL ⚡️ Supported fiat: SEK, NOK, DKK, GBP, CZK, CHF, HUF, EUR
Helpful Interface Regulated exchange No hidden fees Allows fiat currency trading.
Requires KYC verification It supports only Bitcoin
👛 Ease of Use – Easy 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP
Since its inception in 2011, Bitstamp has been a beacon in the cryptocurrency exchange landscape. It holds the title of the oldest crypto exchange, lauded for its reasonable pricing, steadfast service, and intuitive setup. Bitstamp’s footprint is evident in over 100 countries, albeit with potential feature restrictions in some locales. The exchange’s operations are overseen by a team of seven connoisseurs, proficient in both classical and decentralized financial ecosystems.
Bitstamp endorses more than 80 digital assets, with notable mentions like Tether (USDT). Conversely, platforms such as Coinbase cater to a more extensive list, with over 150 digital assets in their arsenal. Geographically, the Bitstamp application finds its users in countries from Angola to Azerbaijan. And for those residing in the EU, Bitstamp offers the convenience of swift cryptocurrency transactions through credit and debit cards.
⚡️ Deposit fees: 0 – 5 % ⚡️ Withdrawal fees: Sepa – 3 EUR, ACH – Free, Credit cards – 5%, International wire – 0.1%, and crypto – depends on the asset (0.0005 BTC) ⚡️ Trading fees: 0 – 0.5 % ⚡️ Payment Methods: Credit/Debit Card, ACH Transfer, SEPA, USD Wallet, Faster Payments, and International Wire. ⚡️ Supported fiat: USD, EUR, GBP
Competitive fees Security and safety on a high level The longevity on the crypto market Suitable for all types of traders (beginners and experienced ones)
The number of coins could be higher (50) The number of coins available for staking could be higher (2) No advanced trading services such as staking or margin trading
Best Bitcoin Wallets in Luxembourg
It is never a good idea to keep your coins on an exchange as that exposes you to numerous risks (exchange hacks, fund freezes by the exchange or some government regulatory body, etc). That is why you should use one of the wallets we list below to store your digital assets.
But, which bitcoin wallet is available in this country?
The safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.
👛 Ease of Use – Easy 👛 Fees – Average 👛 Verification – 2-3 Days 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, JPY, CAD
Established in 2011, Kraken has carved a niche for itself as a trusted and reliable crypto exchange. It boasts support for an impressive roster of over 220 digital assets, encompassing major cryptocurrencies like Bitcoin, Ethereum, Cardano, and many others. Security has always been a cornerstone for Kraken, making it a go-to choice for many.
Its global footprint is vast, covering a majority of countries with only a few exceptions such as Iran and Washington state. On the convenience front, Kraken doesn’t disappoint. Users have a wide array of payment options at their disposal, and the platform is also flexible when it comes to fiat currency transactions. Additionally, seasoned traders can leverage advanced features to optimize their trading strategies.
⚡️ Deposit fees: EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, ¥5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free) ⚡️ Withdrawal fees: Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (¥20) – Japan onlyCAD EFT Withdrawal ($10 CAD) ⚡️ Trading fees: Maker: 0.16%Taker: 0.28% ⚡️ Payment Methods: Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko ⚡️ Supported fiat: USD, EUR, GBP, JPY, CAD
Available almost worldwide High security Over 90 cryptocurrencies Various payment methods
Fees slightly above the industry average No tax support
👛 Ease of Use – Easy 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, GBP, EUR + more
Launched in 2015 in New York, Uphold represents an exchange platform that supports crypto, precious metal, US equities, Forex trading, and commodity trading. Uphold has gained popularity through its Anything-to-Anything feature that enables users to trade different types of assets. There are more than 50 cryptos supported, including majors, alt-coins, stablecoins, and emerging tokens.
There are a variety of different payment methods such as Bank Transfer, Wire Transfer, Crypto Exchange, SWIFT, Credit/Debit Card Payment, and many more. Depositing and withdrawing are free of charge, but users have to pay network and trading fees. The trading fees aren’t fixed, and they vary depending on the trading spread (the spreads are based on the trading asset and country).
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: Free ⚡️ Trading fees: Based on spreads ⚡️ Service fees: 1% – 3% ⚡️ Payment Methods: Debit/Credit Cards, Bank Transfer (SEPA), SWIFT, ACH Transfer, Wire Transfer, Crypto Conversion, etc. ⚡️ Supported fiat: USD, GBP, EUR, and 15+ more
Anything-to-Anything feature Straightforward registration process Enables investments in US stocks, national currencies, and precious metals There isn’t a fixed minimum investment
Telephone and Live-chat support doesn’t exist Lower volume assets require higher spreads
👛 Ease of Use – Easy 👛 Fees – High 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, RUB
Cex.io is one of the oldest exchanges in the crypto world. It was launched in 2013 as a Bitcoin exchange and cloud mining provider, but today it is a global multi-functional crypto platform with over 4 million users.
CEX.IO is a regulated global cryptocurrency exchange that offers a range of services including spot trading, margin trading, staking, leverage, lending, and savings. The platform supports over 100 digital currencies and tokens and is available in almost all countries and 48 states in the US. It is suitable for both experienced traders and beginners, but may be overwhelming for those new to crypto due to the number of products and services offered. CEX.IO has over 4 million users and is known for its regulatory compliance, but it has lower liquidity compared to some other leading exchanges. It is important to note that cryptocurrency exchanges are not members of the Securities Investor Protection Corp. (SIPC), so investors using a custodial exchange could potentially lose their funds as unsecured creditors.
Reputation is high Longevity on the crypto market Over 4 million users Advanced features such as spot trading, margin trading, staking as a service, crypto loans, and savings accounts
Extensive Verification Process to Increase Purchasing Limits
👛 Ease of Use – Easy 👛 Fees – Low 👛 Verification – 1 day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, AUD, CAD + 20 more
KuCoin, founded in 2017, has carved a niche for itself. Operating out of Hong Kong, this exchange is celebrated for its vast array of over 600 cryptocurrencies, ensuring that both mainstream and emerging coins are accessible to traders
Their in-house trading platform, renowned for its user-friendly design, caters to both novices and experts, providing a seamless trading journey. A unique feature that sets KuCoin apart is its profit-sharing model, where holders of KuCoin Shares (KCS) are rewarded with 50% of the platform’s trading fees. In addition to its extensive crypto offerings, KuCoin supports a whopping 50 fiat currencies, further simplifying the trading process.
With advanced trading options like futures and margin trading, it’s no wonder that KuCoin has a presence in 200+ countries, with a significant user base in Asia, the UK, US, Canada, and Australia.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: 0 – 16$ (average) ⚡️ Trading fees: 0 – 0.1 % ⚡️ Payment Methods: Debit and Credit card, Apple and Google Pay ⚡️ Supported fiat: USD, EUR, GBP, AUD, CAD + 20 more
Wide range of coins Low fees Mobile App (Android and iOS) No forced KYC 10+ M users Innovative and quick to add new features
👛 Ease of Use – Easy 👛 Fees – High 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, CAD, AUD
Founded in 2013 in Israel, Coinmama is one of the oldest crypto exchanges in the business. With its current headquarters in Dublin, Ireland, this centralized cryptocurrency exchange allows its users to quickly and securely buy and sell cryptocurrencies.
Coinmama is a popular platform used by 1.5 million people in more than 150 countries (except for 11 states in the United States). The company is registered with The Financial Crimes Enforcement Network (FinCEN) in the United States and ensures that the coins purchased through their platform are directly transferred to the user’s non-custodial wallet, rather than being kept in Coinmama’s own wallets.
⚡️ Deposit fees: 0 – 5 % ⚡️ Withdrawal fees: None ⚡️ Trading fees: 2.9 – 3.9 % ⚡️ Payment Methods: Bank Transfer (SEPA), SWIFT, Fedwire, Bank cards, Open Banking, Google Pay, Apple Pay, Skrill ⚡️ Supported fiat: USD, EUR, GBP, CAD, AUD
Available almost worldwide Mobile App (Android and iOS) Good for Beginners Good Support Various payment methods
A small selection of available cryptocurrencies Not the lowest fees Can’t do anything on the platform other than purchases and sells of coins
👛 Ease of Use – Easy 👛 Fees – Average 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – EUR, USD, and 50+ more
If we want to mention the biggest cryptocurrency exchanges in the world, Coinbase is most likely the first name that comes to our mind. Coinbase is a very powerful crypto platform, especially in the US.
In total, it has over 60 million users around the world which is a remarkable number. The headquarters of Coinbase is in San Francisco, California. Coinbase is not only a typical exchange, but it also offers a cryptocurrency wallet, so we can safely say it is a suitable place for crypto investors.
⚡️ Deposit fees: Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (the US $0.15 min.)Coinbase USD wallet: 1.49%ACH Transfer USD: $0 Wire Transfer USD: $10 ⚡️ Withdrawal fees: SEPA: €0.15U.S Bank Transfer: 1.49% (US $0.15 min.) Coinbase USD wallet: 1.49%Wire Transfer USD: $25 ⚡️ Trading fees: Fees vary ⚡️ Payment Methods: Bank Account, Debit Card, Credit Card, Wire Transfer, SEPA Transfer ⚡️ Supported fiat: USD, EUR, GBP, AUD, CAD, CNY & 50+ more
Very large user base and extremely popular Debit card available A variety of fiat currencies supported Over 100 cryptocurrencies supported
👛 Ease of Use – Easy 👛 Fees – Average 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, CAD, AUD + more
Paxful is “the Uber of the Bitcoin”. It is a crypto exchange based in the US that has over 200 employees. Paxful was launched back in 2015 so it has been around for quite some time now. The founders of Paxful are Artur Schaback and Ray Youssef.
The headquarters of the company is in NY, US. Paxful offers a simple, easy way to buy crypto assets. Moreover, if you would like to spread the word about Paxful while generating a 2% revenue from any amount bought, there is Paxful’s affiliate program called “virtual kiosk”.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: 0.5% – 5% ⚡️ Trading fees: No buyer fee, seller fee varies from 0.5% to 5% ⚡️ Payment Methods: Over 350 payment methods are available ⚡️ Supported fiat: USD, EUR, GBP, CAD, AUD, and many more
An incredible number of payment methods Easy-to-use platform Available in more than 180 countries Security is on a high level
No trading features It is not regulated
Frequently asked questions about buying Bitcoin in Luxembourg
How do I buy bitcoins in Luxembourg❓
You can buy Bitcoin in Luxembourg on any of the exchanges mentioned in this article.
Is Bitcoin legal in Luxembourg❓
There are no restrictions in Luxembourg on the mining of cryptocurrency, provided that the production of such virtual currencies/crypto-assets does not fall within the scope of any specific statutory licensing obligation.
Is Coinbase available in Luxembourg❓
Yes, Coinbase is available in Luxembourg.
Where is the best place to buy Bitcoin in Europe❓
Coinbase is the world’s largest Bitcoin (BTC) broker. They represent an easy and fast way for new users to purchase bitcoins. Coinbase supports customers in over 30 countries, including the United States, Europe, UK, Singapore, and Canada.
As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge.
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