https://ift.tt/Ip9yWzV To Buy Bitcoin in Romania?

How To Buy Bitcoin in Romania?

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Easiest and cheapest ways to buy crypto in Romania

Getting bitcoins in Romania is not an easy task as not all popular crypto exchanges are available to Romanian citizens. This is a current list of bitcoin exchanges that allow users from Romania to buy crypto. They all support buying crypto with credit/debit cards but some of them offer other payment methods as well.

Regulated & high liquidity

How To Buy Bitcoin in Romania?

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 social trading platform for cryptocurrencies, commodities, CFDs, currencies, indexes, and stocks. It started back in 2008 and entered the crypto market in 2013.

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The exchange is regulated in 4 countries – CySec (Cyprus), FCA (UK), ASIC (Australia), and FSAS (Seychelles). The headquarters of the company is in Tel Aviv-Yafo, Israel. eToro has over 17 million users in approximately 100 countries. The main features of eToro are Retail Leverage, Pro Leverage, Customisable Leverage, Deleveraged Trading, Copy-Trading, Spot Trading, and Demo account. eToro 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  Competitive trading fees
Β  Various exciting features such as demo account
Β  User-friendly interfaces
It has been active on the crypto market for a very long time

$5 withdrawal fee
Lack of stocks and other investment options

Regulated & high liquidity

How To Buy Bitcoin in Romania?

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.

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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 one of the most unique crypto platforms because it integrates both digital and physical asset trading. It was launched in 2015 in New York, and it quickly gained recognition by using proprietary technology and various e-money apps as the foundation. Commodity trading is one more unique feature that makes this crypto exchange stand out.

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This exchange also offers trading of cryptos, precious metals, US equities, and Forex. One user account can access more than 50 US Stocks, 60 cryptocurrencies, 4 precious metals, and 27 national currencies.
Uphold is supported in more than 180 countries worldwide, and it has around 10 million registered users. However, as of 2022, UK and EU users can no longer create accounts on the platform. The users from these countries that already have accounts will not be affected.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
Based on spreads
⚑ Service fees:
1% – 3%
⚑ Payment Methods:
Debit/credit cards and (SEPA) bank transfers.
⚑ Supported fiat:
USD, GBP, EUR, and 15+ more

Β  Cross-asset trading feature
Β  Simple registration process
Β  Extremely low fees
More than 60 supported cryptocurrencies

No live chat support
No fixed trading fees

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.

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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

Best Bitcoin Wallets in Romania

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


Visit Now

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 Romania?

Coinmama

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› 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.

More info +

Currently, 1.5 million users in over 150 countries worldwide use Coinmama’s services (excluding 11 states in the U.S). Coinmama is registered under The Financial Crimes Enforcement Network (FinCEN) in the United States.

⚑ 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

Β  Available almost worldwide
Β  Mobile App (Android and iOS)
Β  Good for Beginners
Good Support
Various payment methods

A small selection of available cryptocurrencies
Medium fees

Regulated & high liquidity

How To Buy Bitcoin in Romania?

Coinbase

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

Cex.io is one of the older centralized cryptocurrency exchanges that is still going strong, adding new coins and features to its trading platform every month. Founded in 2013, this exchange is one of the oldest Bitcoin exchanges. Cex.io is based in London, UK.

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Today, Cex.io is available in more than 180 countries around the globe. It is registered with FinCEN, and it applies AML (anti-money laundering) and KYC (know your customer) policies. Cex.io supports fiat to crypto purchases, spot trading, margin trading, staking, leverage, lending, and savings.

⚑ 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  Over 4 million users worldwide
Β  Fast support
Various payment options

Just 4 fiat currencies are available
Extensive Verification Process

Established & high liquidity

How To Buy Bitcoin in Romania?

Binance

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

Launched in July 2017, Binance quickly became the world’s largest centralized crypto exchange, with more than $15 billion in daily trading volume. It has over 30 million users all over the world. Binance offers an impressive number of cryptocurrencies that you can buy, sell, and trade with low trading fees.

More info +

Binance is considered one of the safest cryptocurrency exchanges on the market. Binance provides 2FA and both cold storage and multi-sig wallets. It supports spot trading, futures, P2P trading, margin trading, earn (locked and fixed savings, DeFi staking, and yield farming), mining and staking pools. It has over 350+ cryptocurrencies available for trade and 1300+ trading pairs.

⚑ 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  Low fees
Β  High liquidity
Β  Excellent mobile app
Well-established and trusted

Hacked in 2019
Not accessible to U.S. users

Regulated & high liquidity

How To Buy Bitcoin in Romania?

Kraken

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 2-3 Days
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, JPY, CAD

If we are talking about the β€œbig three” in the crypto exchanges world, then Kraken definitely joins Coinbase and Binance to be a part of it.

More info +

Kraken has millions of active users, international markets, and strategic investors on board. It was launched back in 2011 so it is one of the oldest crypto exchanges in the world. Headquarters are in San Francisco, California, U.S. The founder and the CEO of the company is Jesse Powell.

⚑ 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, Β₯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 (Β₯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

Β  Available almost worldwide
Β  Longevity on the crypto market – highly respected exchange
Β  Over 90 cryptocurrencies
Advanced trading and staking services

Fees are fairly high compared to its main competitors
No derivates or futures trading

Frequently asked questions about buying Bitcoin in Romania

Does Romania have a Bitcoin machine❓

Yes, Bitcoin Romania gives you the option to buy and sell Bitcoins fast and at ease.Β At present they have 4 BTM machines installed around the country.

Is Bitcoin mining legal in Romania❓

In Romania, as in many EU jurisdictions, cryptocurrencies areΒ considered to be neither legal tender nor electronic money, but rather digital assets with a limited role as currency or having a utility role in a determined cooperative system.

Is Kraken available in Romania❓

Yes, Kraken is available in Romania.

Can Romania use Binance❓

Yes, Binance is available in Romania.

Where can I buy Bitcoin in Romania❓

You can buy Bitcoin in Romania on any of the exchanges mentioned in this article.

How many bitcoin ATMs are there in Romania❓

4 in total for now.

The post How To Buy Bitcoin in Romania? appeared first on CaptainAltcoin.

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