How To Buy Bitcoin in Ireland?
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Easiest and cheapest ways to buy crypto in Ireland
No matter where they live, people always seek the easiest and cheapest way to buy bitcoin. Buying crypto in Ireland is a bit harder than in some other countries so we have compiled a list of exchanges where Irish can buy bitcoin.
Bitstamp
Fees – Low
Verification – 1 Day
Reputation – Trusted
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 +
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
A simple interface where you can buy crypto with just a few clicks
Dedicated Customer Support
Competitive fees
Easy-to-use
Hacked in 2015
No margin or leverage trading
The staking program has restrictions
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
A variety of fiat currencies supported
Over 100 cryptocurrencies supported
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)
eToro
Fees – Low
Verification – 1 Day
Reputation – Trusted
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
More info +
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
The longevity on the crypto market
Low fees
Various exciting features
User-friendly interface
Lack of stocks and other investment options
Not available in all states in the US
Inactivity fee
Kraken
Fees – Average
Verification – 2-3 Days
Reputation – Trusted
Supported fiat – USD, EUR, GBP, JPY, CAD
Kraken is one of the largest cryptocurrency exchanges. It has been around for a very long time since it was launched back in 2011. In fact, Kraken is a part of crypto exchanges “big three” alongside Binance and Coinbase. It has millions of users around the world with strategic investors and the international market behind it.
More info +
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
Advanced trading and staking features
It has been active on the crypto market for a very long time
It has a good reputation
Advanced trading and staking services
Fees are fairly high
No derivates or futures trading
Best Bitcoin Wallets in Ireland
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.
ZenGo is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.
extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account
No major flaws
Electrum is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux
One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains
Not completely open source
Ledger Nano X is a leading and most secure cold storage wallet that connects to your device via Bluetooth.
Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet
Small display
complicated to setup for newbies
Read also:
- How To Buy Bitcoin in Sweden
- How To Buy Bitcoin in Germany?
- How To Buy Bitcoin in Egypt?
- How To Buy Bitcoin in Saudi Arabia?
Binance
Fees – Low
Verification – 1 Day
Reputation – Trusted
Supported fiat – USD, EUR, GBP, AUD, RUB
Over 30 million users worldwide and more than $15 billion in daily trading volume make Binance the world’s largest centralized cryptocurrencies exchange. Originally from Hong Kong and now from the small European island of Malta, this exchange was founded in July 2017, and it quickly became the most used exchange on the market. Binance is supported in 60+ countries (excluding the U.S).
More info +
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
Low fees
High liquidity
Lite and Pro version
350+ cryptos and 20+ fiat currencies
Not accessible to U.S. users
Hacked in 2019
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
Uphold
Fees – Low
Verification – 1 Day
Reputation – Trusted
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 +
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
Offers a beginner-friendly interface
Various advanced features
Unique “Anything-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)
KuCoin
Fees – Low
Verification – 1 day
Reputation – Trusted
Supported fiat – USD, EUR, GBP, AUD, CAD + 20 more
Founded in 2017 and with H.Q. in Singapore, KuCoin is among the leading cryptocurrency exchange platforms on the market. It has 10+ million users worldwide and 6+ billion in 24h trading volume.
More info +
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
Not licensed in the U.S.
Limited payment methods
Frequently asked questions about buying Bitcoin in Ireland
Coinbase can be used in Ireland to buy and sell over 100 different cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. On Coinbase you can buy fractional Bitcoin in increments from as little as 2 Euros.
Coinbase. Coinbase can be used in Ireland to buy and sell around 60 different cryptocurrencies including Bitcoin, Dogecoin, Shiba INU , Ethereum , Litecoin , Ripple , Tether , Cardano Uniswap , Polygon Chainlink and others. Shiba Inu (SHIB) is available on Coinbase.
There are Bitcoin ATMs in Cork and Dublin.
Although the Central Bank has issued warnings in relation to investment in crypto-assets, there is currently no blanket prohibition or ban on cryptocurrencies in Ireland.
1. Select “Buy Bitcoins” or “Buy Altcoins” at the kiosk.
2. Choose cash amount.
3. Scan the QR code of your wallet address.
4. Put the cash into the kiosk bill acceptor.
5. Press buy, and you’re done!
Cards of any payment system are suitable for buying cryptocurrency through Bank of Ireland – Bank of Ireland supports traditional VISA, Mastercard, Maestro, Skrill, etc. People in Ireland may use Mastercard and VISA payment systems’ real debit and credit cards. They can also buy virtual cards made by special services.
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