How To Buy Bitcoin in Greece?
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Easiest and cheapest ways to buy crypto in Greece
No matter where they live, people always seek the easiest and cheapest way to buy bitcoin. Buying crypto in Greece is a bit harder than in some other countries so we have compiled a list of exchanges where Greek can buy bitcoin.
Deposit fees:
Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (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
High liquidity & limits
Great for newcomers
“Instant Buy” available when buying with debit card
High fees with debit and credit card purchases
Binance
Fees – Low
Verification – 1 Day
Reputation – Trusted
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 +
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
The largest cryptocurrency platform
Various advanced services and features
Low fees and high liquidity
A large number of cryptocurrencies supported
Not fully registered
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
Best Bitcoin Wallets in Greece
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
Cex.io
Fees – High
Verification – 1 Day
Reputation – Trusted
Supported fiat – USD, EUR, GBP, RUB
Cex.io is considered one of the oldest exchanges in the crypto world. It was launched in 2013. It started as a Bitcoin exchange and cloud mining provider, but today it is a global multi-functional crypto platform with over 4 million users.
More info +
Deposit fees:
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
Reputation is high
Longevity on the crypto market
Over 4 million users
Advanced features such as spot trading, margin trading, staking as a service, crypto loans, and savings accounts
Extensive Verification Process to Increase Purchasing Limits
Bitstamp
Fees – Low
Verification – 1 Day
Reputation – Trusted
Supported fiat – USD, EUR, GBP
Bitstamp was launched back in 2011 by two Slovenians – Damijan Merlak and Nejc Kodrič. It is considered one of the oldest crypto exchanges in the world. Bitstamp moved from Slovenia to the UK in 2013 and then in 2016, it moved to Luxemburg where it is based today.
More info +
The main services of the platform are buying and selling cryptocurrencies, spot trading, and staking. However, keep in mind that Bitstamp does not support some of the advanced trading services such as margin or future trading.
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
Competitive fees
Security and safety on a high level
The longevity on the crypto market
Suitable for all types of traders (beginners and experienced ones)
The number of coins could be higher (50)
The number of coins available for staking could be higher (2)
No advanced trading services such as staking or margin trading
Uphold
Fees – Low
Verification – 1 Day
Reputation – Trusted
Supported fiat – USD, GBP, EUR + more
Launched in 2015 in New York, Uphold represents an exchange platform that supports crypto, precious metal, US equities, Forex trading, and commodity trading.
Uphold has gained popularity through its Anything-to-Anything feature that enables users to trade different types of assets. There are more than 50 cryptos supported, including majors, alt-coins, stablecoins, and emerging tokens.
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
Anything-to-Anything feature
Straightforward registration process
Enables investments in US stocks, national currencies, and precious metals
There isn’t a fixed minimum investment
Telephone and Live-chat support doesn’t exist
Lower volume assets require higher spreads
Frequently asked questions about buying Bitcoin in Greece
Yes, it does. These ATMs allow users to instantly purchase the cryptocurrency using cash, and most of them only require a telephone number for verification, so long as you aren’t buying a lot of Bitcoin.
Bitcoin.com reported that “the interest in cryptocurrency from women in Greece had grown 163.67%.” This was the highest percentage in Europe, according to this particular study. The number of Bitcoin ATMs in Greece also increased to at least five around the country in 2020.
Greece taxes 15% on capital gains arising from cryptocurrency transactions. There is no regulatory framework for bitcoin or cryptocurrencies in Greece. Bitcoin and similar cryptocurrencies are regarded for VAT purposes as ‘negotiable instruments’ and exempt from VAT, also mining activities.
To buy ETH, you’ll first need to deposit USD or another supported fiat currency into your exchange fiat currency account or link your credit card to the account. If your exchange supports Ether (ETH) you’ll be able to buy ETH directly with your bank card, depending on local regulations.
63 in total, as of now.
Despite this emergence and its potential impact on the financial industry, Greece has not adopted a specific regulatory regime applicable to crypto-currencies and they do not currently qualify as either a MiFID financial instrument or a financial product subject to any requirements.
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Cryptocurrency