How To Buy Bitcoin in Norway?
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Easiest and cheapest ways to buy crypto in Norway
Getting bitcoins in Pakistan is not an easy task as not all popular crypto exchanges are available to Norwegian citizens. This is a current list of bitcoin exchanges that allow users from Norway to buy crypto. They all support buying crypto with credit/debit cards but some of them offer other payment methods as well.
Bitstamp
Fees – Low
Verification – 1 Day
Reputation – Trusted
Supported fiat – USD, EUR, GBP
Established in 2011 and with HQ in London, Bitstamp is one of the oldest European-based cryptocurrency exchange platforms. With more than a decade of experience, Bitstamp has amassed a pretty decent following. Users can trade crypto via the online trading platform, active trading platform, or mobile app that supports both Android and iOS devices.
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
 24/7 Phone Customer Support
 Low fees
 The mobile app is highly rated
Security on a high level
A small selection of cryptos is available
Just 2 cryptocurrencies are available for staking
Limited educational content for beginner traders
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
One of the crypto exchanges that has been around since 2015 is Uphold. Its headquarters is in NY, the US. Uphold is in fact a multi-functional exchange of different assets, with not only 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
 Low fees when compared to top exchanges
 It is regulated by the US laws
 A beginner-friendly interface
Unique “Anything-to-anything” trading service
Low fees
A less organized educational section
Customer support can be better
Various trading limitations
Coinmama
Fees – High
Verification – 1 Day
Reputation – Trusted
Supported fiat – USD, EUR, GBP, CAD, AUD
If you would like to talk about one of the oldest exchanges in the crypto world then Coinmama is for sure the one. The exchange was launched in 2013 by Laurence Newman, Nimrod Gruber, and Ilan Schuster. Slovakia is the country where you will find Coinmama’s headquarters.
More info +
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
 Beginner-friendly interface
 Available almost worldwide
 Various ways to deposit
Simple to use
No withdrawal fee
No mobile app and no staking
No phone number for customer support
Best Bitcoin Wallets in Norway
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 XÂ 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 Macedonia?
- How To Buy Bitcoin in Moldova?
- How To Buy Bitcoin in Romania?
- How To Buy Bitcoin in Greece?
Paxful
Fees – Average
Verification – 1 Day
Reputation – Trusted
Supported fiat – USD, EUR, GBP, CAD, AUD + more
Founded back in 2015, with its headquarters in New York, United States, a cryptocurrency exchange platform Paxful offers its services to nearly 5 million users around the globe.
More info +
Deposit fees:
Free
Withdrawal fees:
0.5% – 5%
Trading fees:
No buyer fee, seller fee varies from 0.5% to 5%
Payment Methods:
Over 350 payment methods are available
Supported fiat:
USD, EUR, GBP, CAD, AUD, and many more
 Safe Escrow trading
 Various payment methods
Responsive support forum
Support for a large number of fiat currencies
A bit higher fees
A lot of scammers
LocalBitcoins
Fees – Low
Verification – 1 Day
Reputation – Trusted
Supported fiat – USD, EUR, GBP, and more
LocalBitcoins is one of the largest peer-to-peer service platforms on the crypto market. It was launched in 2012 in Finland and was founded by Nikolaus Kangas. Since then, LocalBitcoins has achieved enormous growth, which led to it becoming the leading marketplace for Bitcoin exchange services. The only currency LocalBitcoins supports is Bitcoin.
More info +
However, services of LocalBitcoins aren’t available in Washington and New York. Features such as futures trading, derivatives, margin trading, short selling, or any other option aren’t supported. This is because LocalBitcoins doesn’t work as a traditional trading platform.
Deposit fees:
Free
Withdrawal fees:
Free
Trading fees:
1%
Payment Methods:
SEPA, Wire Transfer, Paypal, WeChat, MoneyGram, Credit Card, Debit Card, etc.
Supported fiat:
USD, EUR, GBP, RUB, and more (most currencies)
 Simple to use
 Plenty of payment options
 Available worldwide
Swift transactions
Higher exchange rates
Cash trades aren’t supported
Luno
Fees – Average
Verification – 2-3 days
Reputation – Trusted
Supported fiat – EUR, IDR, MYR, NGN, ZAR, ZMW, USD
Previously known as BitX, Luno was founded in 2013 in South Africa.Â
More info +
Deposit fees:
Fees vary by currency
Withdrawal fees:
Fees vary by payment method
Trading fees:
0.20%
Payment Methods:
Bank Transfer (SEPA), Credit Card, Debit Card, Cash Electronic Funds Transfer, Interbank GIRO, Interbank Funds Transfer
Supported fiat:
EUR, IDR, MYR, NGN, ZAR, ZMW, USD
 Beginner-friendly crypto trading
 Offers interest on crypto savings
 Secure storage
Not available for U.S. customers
Small selection of cryptocurrencies
Crypto.com
Fees – Low
Verification – 1 Day
Reputation – Trusted
Supported fiat – USD, EUR, GBP, CAD, and 10+ more
Crypto.com was founded in 2016 with the sole aim of making cryptocurrencies more accessible for everyday use in the financial world.Â
More info +
It was known initially as Monaco Technologies but swapped to Crypto.com in July 2018. It wasn’t long for it to show that it meant business as it raised $26.7M in a token sale in June 2017 after being accepted into Supercharger, a leading FinTech accelerator. With a built-in exchange, an intuitive mobile app, prepaid VISA cards, and an increasing number of supported cryptocurrencies Crypto.com has established itself as a popular name in the cryptocurrency world.
Deposit fees:
Free
Withdrawal fees:
Vary from coin to coin
Trading fees:
0.04% – 0.2 %
Payment Methods:
Credit card, Cryptocurrency, PayPal, Wise, SEPA
Supported fiat:
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR, and more
 It accepts both fiat and cryptocurrencies
 Mobile App (iOS and Android)
 It provides other financial services like crypto loans, crypto staking, DeFi, etc., depending on your country
It offers tax support
The customer support could do better
Fiat withdrawals take too long
You need to have 50,000,000 CRO (its native token) to benefit from its highest fee discount
Frequently asked questions about buying Bitcoin in Norway
Yes, it is.
Binance, the world’s largest crypto exchange, has discontinued trading pairs and payment options in Norwegian krone with immediate effect. Binance also announced Friday an end to Norwegian language support. The move extends Binance’s updates and product-offering changes to more proactively tackle regulatory challenges.
There are no restrictions or bans on the mining of cryptocurrencies, although there have been political and legislative discussions on whether data farms and other facilities mining Bitcoin and other cryptocurrencies should pay full electrical fees.
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.
Yes, Kraken is available in Norway.
Unfortunately, there is no bitcoin ATM we know of in Norway.Â
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