https://ift.tt/jXTYrmx to Buy Bitcoin in Bulgaria?

How to Buy Bitcoin in Bulgaria?

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Easiest and cheapest ways to buy crypto in Bulgaria

No matter where they live, people always seek the easiest and cheapest way to buy bitcoin. Buying crypto in Bulgaria is a bit harder than in some other countries so we have compiled a list of exchanges where Bulgarian citizens can buy bitcoin.

Regulated & high liquidity

coinbase

Coinbase

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – EUR, USD, and 50+ more

Coinbase is widely considered one of the biggest cryptocurrency exchanges, especially in the US. It has over 60 million users which is a remarkable number.

More info +

It was founded back in 2012 by Brian Armstrong and Fred Ehrsam. Coinbase has users in over 100 countries. Coinbase’s headquarters are in San Francisco, California. The platform offers not only exchange-based services but also a wallet so it is a perfect place for all 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

Β  A variety of fiat currencies supported
Β  Over 100 cryptocurrencies supported
Β  A regulated and trustworthy company
Large user base and widely popular
Provides a Coinbase debit card

No future or margin trading
Higher trading fees than main competitors have (Binance for instance)

Regulated & high liquidity

kucoin logo

KuCoin

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – Β USD, EUR, GBP, AUD, CAD + 20 more

With more than 10 million users and over 6 billion in daily trading volume, KuCoin is rightly in the top 5 crypto exchanges in the world. KuCoin is headquartered in Singapore and is also known as β€œThe People’s Exchange.” KuCoin offers 500+ cryptocurrencies that you can buy, sell, and trade.

More info +

Kucoin offers an impressive number of cryptocurrencies that you can buy, sell, trade and store with low trading fees. Kucoin supports spot trading, futures, P2P trading, margin trading, copy trading, savings, leverage, perpetual, NFTs, and many more. In addition, it has over 1200+ cryptocurrencies available for trade and 2300+ trading pairs.

⚑ 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

Β  180+ countries supported
Β  Over 10 million users worldwide
Β  Mobile app available for iOS and Android
Wide range of cryptocurrencies available
Low fees
Many additional features

Just 4 payment methods
Hacked in 2020

Regulated & high liquidity

How to Buy Bitcoin in Bulgaria?

eToro

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP + more

eToro is a crypto trading and exchange platform that entered the crypto market in 2013. However, eToro started its operations in 2007 as a social trading platform for commodities, CFDs, currencies, indexes, and stocks

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eToro is based in Tel Aviv-Yafo, Israel. Furthermore, eToro has offices in 4 more countries and is regulated in these countries by CySec (Cyprus), FCA (UK), ASIC (Australia), and FSAS (Seychelles). The has roughly around 17 million users worldwide and is available in around 100 countries. Retail Leverage, Pro Leverage, Customisable Leverage, Deleveraged Trading, Copy-Trading, Spot Trading, and Demo account are the main features of eToro. It supports more than 45 currency pairs.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
$5
⚑ Trading fees:
0.75 % – 4.9 % spread depending on the cryptocurrency
⚑ Payment Methods:
15+ (Credit Cards, MasterCard, Visa, EWallets, etc.)
⚑ Supported fiat:
USD, EUR, GBP, and 20+ more

Β  The longevity on the crypto market
Β  Low fees
Β  Various exciting features
User-friendly interface

Lack of stocks and other investment options
Not available in all states in the US
Inactivity fee

Established & high liquidity

How to Buy Bitcoin in Bulgaria?

Bitpanda

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1-2 Days
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, and more

Bitpanda is an Austrian cryptocurrency exchange that offers users a personal wallet and trading platform.

More info +

The exchange has been becoming increasingly popular throughout Europe with a very well-designed and easy-to-use platform.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Vary from coin to coin
⚑ Trading fees:
0.05% – 0.10%
⚑ Payment Methods:
Bank Transfer, Credit Card, Debit Card, Cryptocurrency Neteller Bank Transfer (SEPA), SOFORT
⚑ Supported fiat:
USD, EUR, CHF, GBP

Β  1+ million customers
Β  Variety of payments and withdrawal methods
Β  Variety of supported fiat currencies

No insurances and no staking
Fees medium

Best Bitcoin Wallets in Bulgaria

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. The safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.

Bottom Line
Pros
Cons
ZenGo
ZenGo
Mobile


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Bottom Line

ZenGoΒ is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.

Pros

extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account

Cons

No major flaws

Exodus
Exodus
Desktop


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Bottom Line

ElectrumΒ is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux

Pros

One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains

Cons

Not completely open source

Ledger Nano X
Ledger Nano X
Hardware


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Bottom Line

Ledger Nano XΒ is a leading and most secure cold storage wallet that connects to your device via Bluetooth.

Pros

Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet

Cons

Small display
complicated to setup for newbies

Read also:

Regulated & high liquidity

How to Buy Bitcoin in Bulgaria?

Safello

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, JPY, CAD

Safello is a Swedish cryptocurrency exchange that offers simple buying and selling of Bitcoin for fiat currencies.

More info +

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 β€œspread 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

Β  Helpful Interface
Β  Regulated exchange
Β  No hidden fees
Allows fiat currency trading.

Requires KYC verification
It supports only Bitcoin

Regulated & high liquidity

uphold exchanges

Uphold

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, GBP, EUR + more

Uphold is a crypto exchange that has been in the game since 2015. The headquarters of the company is in NY, the US. It offers its users a multi-functional exchange of different assets, other than just buying and selling cryptocurrencies.

More info +

Uphold offers a beginner-friendly interface. The main focus (and the main differences compared to its competitors) is on trading directly between asset classes with fixed payments, offering a future where all users have access to financial services, thanks to Uphold’s unique β€œAnything-to-Anything” trading experience.

⚑ 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

Β  Offers a beginner-friendly interface
Β  Various advanced features
Β  Unique β€œAnything-to-anything” trading service
Low fees
It is regulated by the US laws

Customer support can be better
Various trading limitations
A less organized educational section (compared to its competitors)

Trusted & high liquidity

Bitstamp

Bitstamp

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP

Bitstamp is a crypto exchange launched in 2011, which makes it one of the oldest European exchange platforms. While European citizens have certain benefits from using the platform, Bitstamp has users worldwide. Today, Bitstamp is available in more than 180 countries around the world.

More info +

While Bitstamp does offer spot trading and staking services, there aren’t many other trading options available. Futures trading, margin trading, and DeFi trading can’t be found on this platform. Also, even the staking feature comes with certain restrictions. The rewards are only available for ETH and Algo, and US traders can’t use the service. Bitstamp requires a mandatory KYC verification process. The mobile app is available for both iOS and Android devices.

⚑ 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

Β  A simple interface where you can buy crypto with just a few clicks
Β  Dedicated Customer Support
Β  Competitive fees
Easy-to-use

Hacked in 2015
No margin or leverage trading
The staking program has restrictions

Regulated & Established

How to Buy Bitcoin in Bulgaria?

Cex.io

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, RUB

Founded in 2013 in London, UK, and with over 4 million users, Cex.io is among the oldest cryptocurrency exchange platforms on the market. On Cex.io, you can buy, sell, trade, and store over 100 cryptocurrencies.

More info +

This centralized exchange supports fiat to crypto purchases, margin trading, spot trading, staking, lending, leverage, and savings. It has more than 100 cryptocurrencies available for trade and over 220 trading pairs. Today, Cex.io is available in more than 180 countries around the globe (including the U.S.). Cex.io applies AML and KYC policies, and it is registered with The Financial Crimes Enforcement Network (FinCEN).

⚑ Deposit fees:
Β 0 – 3.99 %
⚑ Withdrawal fees:
0 – 3 %
⚑ Trading fees:
0 – 0.25 %
⚑ Payment Methods:
Credit Card, Bank transfer, ACH, Epay, Skrill, SEPA, Faster Payments
⚑ Supported fiat:
USD, EUR, GBP, RUB

Β  Regulated and licensed
Β  Well Established Company
Β  Mobile App (Android and iOS)
Great support

Lower liquidity than other exchanges
Extensive Verification Process

Established & high liquidity

How to Buy Bitcoin in Bulgaria?

Binance

πŸ‘› Ease of Use – Medium
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, AUD, RUB

Binance was launched back in July of 2017 and very quickly became the world’s largest cryptocurrency exchange by trading volume with more than $1 billion on a daily basis.

More info +

There are various reasons why Binance became so popular so quickly with the main ones being a professional attitude, friendly and transparent CEO, low trading fees, and the large number of cryptocurrencies supported by the platform. In fact, the number of cryptocurrencies supported is over 350 and Binance is supported in over 60 countries. The founder of the exchange is Changpeng Zhao. Binance’s headquarters are in Hong Kong, HK.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Vary from crypto to crypto
⚑ Trading fees:
0.1%
⚑ Payment Methods:
Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more
⚑ Supported fiat:
USD, EUR, GBP, AUD, RUB, and 15+ more

Β  The largest cryptocurrency platform
Β  Various advanced services and features
Β  Low fees and high liquidity
A large number of cryptocurrencies supported

Not fully registered
Hacked in 2019

Frequently asked questions about buying Bitcoin in Bulgaria

Which Bitcoin wallet is available in Bulgaria❓

You can use Ledger, Exodus, or Coinbase Wallet in Bulgaria.

Is Bitcoin legal in Bulgaria❓

Cryptocurrencies are not defined as financial instruments or electronic money, soΒ no license is required to do business with them. In Bulgaria, as in the EU, they are treated in the same way as income from the sale of financial assets – they are taxable.

Is Binance in Bulgaria❓

Yes, Binance is available in Bulgaria.

Is there any Bitcoin ATM in Bulgaria❓

Yes, The Bitcoin ATM device is located in Mall Markovo Tepe ground floor, next to the southern entrance.Β 

How much Bitcoin does Bulgaria have❓

Bulgaria holdsΒ 1.017%Β of total available bitcoin supplies after law enforcement in the country confiscated over 200,000 BTC from cybercriminals in 2017. Since then, however, it has been unclear what exactly happened to these billions of dollars in stocks.

Is Kucoin available in Bulgaria❓

Yes, Kucoin is available in Bulgaria.

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