11 Best Crypto Trading Platforms to Buy Bitcoin in Spain

Here are some of the top cryptocurrency trading platforms where you can buy Bitcoin in Spain.

Virtual currencies are strictly regulated in Spain. If you’re an advertiser and want to reach an audience of more than 100,000 people, you must submit your campaign to the CNMV (Spanish security watchdog) 10 days in advance.

The aim is to help people understand the many crypto investment risks.

As a result of this and a reduction in overall exposure, Spain is now home to just over 1.1 million crypto investors, representing 2.51% of the total population.

Still, there are many trading platforms where you can buy Bitcoin and altcoins. These exchanges facilitate buying, selling, staking, lending and borrowing, making decentralized finance a reality.

Let’s start at the beginning.

Crypto.com

Crypto.com is one of the best places to start your cryptocurrency journey. Especially if you plan to hold the native token, CRO.

It uses the traditional maker-taker model for cryptocurrency trading. Fees are discounted based on the amount invested by the CRO.

For example, investors without a CRO pay a 0.4% fee. In contrast, a company with a CRO of 50 million won’t pay a penny. In between, there are different trading levels that discount fees depending on the CRO stock.

Crypto.com also has a self-custodial multi-cryptocurrency wallet. These wallets are probably the most secure and rely on the user’s ability to keep their private keys secure.

Crypto.com supports buying, selling, earning and has its own crypto credit card with many other schemes for crypto enthusiasts in Spain.

Binance

As of this writing, Binance is the largest cryptocurrency exchange by daily trading volume. As a result, you can expect great service and access to many cryptocurrencies.

When it comes to fees, peer-to-peer (P2P) transactions cost nothing if you are paying in euros. Additionally, spot trading fees are limited to a maximum of 0.1%.

Also, similar to Crypto.com, there are discounted fees if you pay with its native token, Binance Coin (BNB). These fees decrease as you make more trades and move up the ranks.

What’s more, Binance supports staking and lending, a cryptocurrency savings plan for stable income, its own cryptocurrency mining pool, automatic investing, and many more exciting features that make it the best place to buy Bitcoin in Spain. It has many functions.

coin mama

Coinmama is a premium option with fewer cryptocurrencies in its kitty. We currently offer BTC, ETH, LTC, BCH, ETC, XTZ, ADA, etc.

Similar to Binance, trading fees are reduced for large traders. The maximum fees for buy and sell transactions are 5% and 3.9%, respectively.

Finally, Coinmama promises no hidden fees, high spending limits (up to $30,000 USD), and instant delivery to users.

coinbase

Coinbase is one of the most well-known names in the field of cryptocurrency exchanges, currently ranking third in terms of daily trading volume.

They charge higher side transaction fees of 0.4% (maker) and 0.6% (taker).

In addition to regular trading, we also offer staking, borrowing, Coinbase cards, and other schemes to get the most out of your crypto.

Additionally, you can utilize a self-custodial wallet for maximum security. Additionally, Coinbase guarantees that over 98% of your funds are kept in cold storage with no internet access.

bit panda

Bitpanda is for all-round investors who want to try their luck with ETFs, stocks, precious metals, and cryptocurrencies.

Like some platforms, Bitpanda offers a debit card that allows you to easily spend cryptocurrencies and is supported by major payment gateways such as GPay, Samsung Pay, and Apple pay.

Coming back to cryptocurrency trading, Bitpanda charges a maker fee of 0.1% and a taker fee of 0.15%. The platform also allows cryptocurrency staking, unlimited swapping, and cryptocurrency savings plans, making it an interesting proposition for users.

bitfinex

According to CoinMarketCap, Bitfinex ranks 6th among crypto exchange platforms in terms of 24-hour trading volume.

They have a native token, UNUS SED LEO, that you can hold with fewer transaction fees.

However, fees vary depending on the conversion of cryptocurrencies to virtual currencies, stablecoins, fiat currencies, etc. Still, makers never exceed 0.1% and takers 0.2%.

In particular, all discounts for holding Home Tokens will be adjusted with receiving fees.

In addition to regular trading, the platform offers the Bitfinex borrowing program, supports swapping, and offers staking rewards of up to 16% APY.

Kucoin

KuCoin, the fifth largest cryptocurrency exchange, stocks over 600 cryptocurrencies.

Continuing this trend, transaction fees will be subsidized for those who pay with their homegrown token, KuCoin Token (KCS). However, the maximum maker-taker fee you will pay is 0.1%.

Additionally, trading fees are calculated based on trading volume or KCS holdings over the past 30 days.

In addition to this, KuCoin offers earning programs, crypto lending schemes, cloud mining contracts with KuCoin mining pools, crypto lottery with KuCoin Win, etc., making it a top choice for buying Bitcoin in Spain.

kraken

Kraken is a leading crypto trading platform with high liquidity, making it the fourth largest crypto exchange after KuCoin.

At the time of writing, there were over 160 crypto assets available for acquisition. Fees are capped at 0.16% (maker) and 0.26% (taker) based on monthly trading volume.

Since Kraken does not have a native token, these fees are only discounted based on the amount of the transaction.

Kraken supports staking of many cryptocurrencies, with APYs as high as 23% in some cases.

Ultimately, if you are a hardcore crypto trader who wants a simple user interface and a lot of coins to stake, you can try Kraken.

Prime XBT

With PrimeXBT , you can access cryptocurrencies, stock indices, forex, and over 100 assets in a single trading account.

The platform comes with copy trading, where you can “copy” successful traders and make similar profits. This is especially useful for newcomers who rely on veterans until they master the craft.

Additionally, you can also allow others to follow your trades and earn commissions from them.

In addition to this, PrimeXBT supports staking and you can earn up to 14% annually. Plus, you’ll have access to lucrative (and risky) Bitcoin leverage trading.

The minimum commission is 0.05% and increases to 0.65% based on the follower’s capital.

Changely

Changelly is a minimalist crypto trading platform that caters to both one-time investors and heavy traders.

In contrast to its simplicity, you have access to hundreds of cryptocurrencies.

You can use cryptocurrency exchanges with fixed rate or floating rate policies. Fixed rates keep the estimate the same for 30 seconds, while variable rates change based on the market.

Changelly has a pro program for traders with maker-taker fees of up to 0.1% and comes with advanced charting tools. Also, like other platforms, fees are discounted based on trading volume over the past 30 days.

bit 2 me

Bit2Me supports nearly 130 cryptocurrencies and offers the option to purchase cryptocurrencies with cash through the Tikebit initiative. This means you can buy vouchers at local retailers and exchange them for cryptocurrencies on your chosen exchange platform.

They offer Bit2me services for traders that charge up to 0.16% (maker) and 0.26% (taker) fees. Also, like the other platforms on this list, the more trades you make in the past 30 days, the less you pay.

In addition, they have their own token B2M, which is valuable for “earn” programs. Similar to staking, you can earn money by holding your cryptocurrencies and earn an additional 2% when you receive rewards in B2M tokens.

Finally, this is a decent platform backed by an experienced team and an excellent native multi-cryptocurrency wallet.

conclusion

These are some of the trading platforms for buying Bitcoin in Spain. I tried to mention trading fees, but markets are volatile and so are policies. Finally, check the fees at the time of your transaction.

And as a general best practice, try to store large amounts of cryptocurrencies in self-custodial wallets, or preferably in hardware wallets.

PS: Cryptocurrency trading is easy, but the difficult part is taxes. So why not use these crypto tax software to make your calculations easier?