Europe is one of the continents that has multiple legal crypto exchanges that cater to the needs of every crypto trader. Since there are too many options in Europe, it would be a difficult task to find the top-rated one.
Finding the best one from the plethora of crypto exchanges supported in the European market could be a hassle for a person to do on their own.
Therefore, to make things easier, we have studied some of the most popular crypto exchanges in Europe for 2024 and curated a list of five crypto exchanges that can be considered to be the best ones available for European crypto traders.
Top-Rated Crypto Exchanges in Europe for 2024
This is our ranking of the best cryptocurrency exchanges in Europe as of 2024:
- Binance
- OKX
- Kraken
- Bybit
- Coinbase
Now let’s discuss each of these exchanges briefly:
1. Binance
Binance is the largest crypto exchange by volume and is supported in multiple European countries. Binance crypto exchange supports a wide range of cryptocurrencies and trading pairs offering all services that a trader and investor is looking for in a crypto exchange.
Binance has acquired its license to operate in Europe from France and supports deposits and withdrawals by euros making it a suitable crypto exchange for traders in the European countries.
Pros of Binance
- A wide range of cryptocurrencies supported
- Withdrawal and deposits can be done in Euros
- Suitable for both beginners and expert traders
- Provides educational resources for new traders
- Trading fee is very low
Cons of Binance
- Customer support might not be able to provide instant solutions because of the high volumes of trading activities
2. OKX
OKX is a crypto exchange in the European market that is preferred by many because of its low trading fee.
Registered in Seychelles, OKX is supported in numerous European countries and is a platform that offers you all things for smooth trading transactions including crypto exchange, trading, earning, and so on.
The crypto exchange has robust security measures including two-factor authentication and cold storage for assets.
Pros of OKX
- A cost-effective crypto exchange in the European market
- Top-notch security, safety, and privacy measures
- allows an extensive range of trading pairs and cryptocurrencies.
- A mobile app that is comprehensive
- Advanced trading tools and technologies
Cons of OKX
- New users might find the user interface quite overwhelming
3. Kraken
Kraken is one of the leading crypto exchanges in the European market that supports over seven fiat currencies including Euros and is one of the oldest cryptocurrency exchanges in Europe.
The crypto exchange supports over 200 cryptocurrencies and has many features that make trading easier. Kraken offers its customers multiple options for trading such as margin trading, setting orders, and future trading.
Pros of Kraken
- Years of expertise and high reputation
- Multiple trading options and features
- Trustworthy and completely secure to use
- Supports multiple trading pairs
- Kraken offers reliable customer support service
Cons of Kraken
- The trading fee is relatively high compared to other crypto exchanges
4. Bybit
Bybit is a crypto exchange platform that is quite popular among the traders of Europe who are keen on derivatives trading. The crypto exchange has over 400 coins available and offers spot and futures trading tools.
One of the most unique features of Bybit is that they have partnered with TeamLayer, a platform that makes depositing and withdrawing money a seamless process.
Pros of Bybit
- Extensive collection of derivative trading assets
- Hassle-free withdrawal and depositing
- User-friendly interface and intuitive website
- Low trading fee
- Dependable customer support team
Cons of Bybit
- Limited educational resources available
5. Coinbase
Coinbase is a crypto exchange platform in Europe that is quite popular among new and inexperienced traders because of its user-friendly interface.
The crypto exchange is supported by over 30 European countries and has millions of active users.
Coinbase has both mobile and web applications making it easy for traders and investors to use it. Advanced trading capabilities like margin trading, interactive charts, real-time trading data, and more are available on the platform.
Pros of Coinbase
- User-friendly interface
- Suitable for new traders and investors
- Advanced security measures and two-factor authentication
- Available in multiple European countries
- An extensive collection of assets is supported for trading
Cons of Coinbase
- High trading fee
Conclusion
Crypto trading is widening every day in European countries so are the crypto exchanges available for traders and investors.
Many crypto exchanges including the established ones are supported in multiple European countries which offer a hassle-free experience to traders.
In this article, we have discussed five of them that have everything a trader or investor is looking for in one place. These crypto exchanges have robust security measures supporting safe transactions and have tools and features that ensure safe transactions.
