https://ift.tt/4qGKDgP To Buy Bitcoin in Greece?

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.

Regulated & high liquidity

coinbase

Coinbase

👛 Ease of Use – Easy
👛 Fees – Average
👛 Verification – 1 Day
👛 Reputation – Trusted
👛 Supported fiat – EUR, USD

Coinbase is one of the most popular digital currency exchanges, based in the U.S and boasting over 43 million users.

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Coinbase is one of the most popular digital currency exchanges, based in the U.S and boasting over 43 million users. Headquartered in San Francisco, California, the platform offers both an all-in-one exchange and a wallet, making it one of the easiest starting points with Bitcoin. Coinbase’s wallet and merchant services, which have won the trust of over 43 million users, have their payment platform integrated with more than 48,000 businesses worldwide.

⚡ 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

Established & high liquidity

How To Buy Bitcoin in Greece?

Binance

👛 Ease of Use – Medium
👛 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.

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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

  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

Regulated & high liquidity

How To Buy Bitcoin in Greece?

Safello

👛 Ease of Use – Easy
👛 Fees – High
👛 Verification – 1 day
👛 Reputation – Trusted
👛 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 “spread 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

  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.

Bottom Line
Pros
Cons
ZenGo
ZenGo
Mobile


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Bottom Line

ZenGo 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

Electrum 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 X 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

Regulated & Established

How To Buy Bitcoin in Greece?

Cex.io

👛 Ease of Use – Easy
👛 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.

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When it comes to Cex.io’s reputation, it seems to be extremely high and longevity on the crypto market is one of the reasons. Cexio is a multi-functional crypto platform since it offers fiat to crypto purchases, spot trading, margin trading, staking as a service, crypto loans, and savings accounts.

⚡ 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

Trusted & high liquidity

Bitstamp

Bitstamp

👛 Ease of Use – Easy
👛 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.

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Bitstamp has an extremely large user base – over 4 million. The exchange is considered one of the most secure and safest ones to its longevity on the crypto market.
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

Regulated & high liquidity

uphold exchanges

Uphold

👛 Ease of Use – Easy
👛 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.

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There are a variety of different payment methods such as Bank Transfer, Wire Transfer, Crypto Exchange, SWIFT, Credit/Debit Card Payment, and many more. Depositing and withdrawing are free of charge, but users have to pay network and trading fees. The trading fees aren’t fixed, and they vary depending on the trading spread (the spreads are based on the trading asset and country).

⚡ 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

Does Greece have Bitcoin ATMs❓

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.

Is Bitcoin popular in Greece❓

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.

Is Bitcoin taxable in Greece❓

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.

How can I buy Ethereum in Greece❓

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.

How many Bitcoin ATMs are there in Greece❓

63 in total, as of now.

Is crypto legal in Greece❓

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.

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

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