https://ift.tt/JpkUuhP To Buy Bitcoin in Sweden?

How To Buy Bitcoin in Sweden?

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Easiest and cheapest ways to buy crypto in Sweden

Getting bitcoins in Sweden is not an easy task as not all popular crypto exchanges are available to Swedish citizens. This is a current list of bitcoin exchanges that allow users from Sweden 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 Sweden?

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.

More info +

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

Regulated & high liquidity

coinbase

Coinbase

👛 Ease of Use – Easy
👛 Fees – Average
👛 Verification – 1 Day
👛 Reputation – Trusted
👛 Supported fiat – EUR, USD, and 50+ more

If we want to mention the biggest cryptocurrency exchanges in the world, Coinbase is most likely the first name that comes to our mind. Coinbase is a very powerful crypto platform, especially in the US.

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In total, it has over 60 million users around the world which is a remarkable number. The headquarters of Coinbase is in San Francisco, California. Coinbase is not only a typical exchange, but it also offers a cryptocurrency wallet, so we can safely say it is a suitable place for crypto investors. 

⚡ 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

  Very large user base and extremely popular
  Debit card available
  A variety of fiat currencies supported
Over 100 cryptocurrencies supported

No future or margin trading
Fees are fairly high

Established & high liquidity

How To Buy Bitcoin in Sweden?

Binance

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

Binance is widely considered the largest cryptocurrency exchange in the world. It was launched in July of 2017 and in a short period of time became the exchange with the largest trading volume with more than $1 billion on a daily basis.

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How did Binance become so big so quickly? There are various reasons – low trading fees, professional attitude, the large number of cryptocurrencies supported by the platform, and friendly and transparent CEO. Some of the features available on Binance are Earn (locked and fixed savings, DeFi staking, and yield farming), Pool (join their mining and staking pools and earn rewards for keeping your chosen blockchains safe), Liquid swap, Liquidity pools, Automated trading bots, spot trading, futures and margin trading, and P2P trading.

⚡ 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

  High liquidity
  It supports a large number of crypto assets
  Widely considered the largest crypto platform
Various advanced features and services
One of the lowest fees among top exchanges

Not available in the US
Not fully registered
Hacked in 2019

Regulated & Established

How To Buy Bitcoin in Sweden?

Coinbase

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

Founded in 2013 in London, UK, and with over 4 million users, Cex.io is among the oldest cryptocurrency exchange platforms on the market. On Cex.io, you can buy, sell, trade, and store over 100 cryptocurrencies.

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This centralized exchange supports fiat to crypto purchases, margin trading, spot trading, staking, lending, leverage, and savings. It has more than 100 cryptocurrencies available for trade and over 220 trading pairs. Today, Cex.io is available in more than 180 countries around the globe (including the U.S.). Cex.io applies AML and KYC policies, and it is registered with The Financial Crimes Enforcement Network (FinCEN).

⚡ 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

  Regulated and licensed
  Well Established Company
  Mobile App (Android and iOS)
Great support

Lower liquidity than other exchanges
Extensive Verification Process

Best Bitcoin Wallets in Sweden

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

Read also:

Regulated & high liquidity

How To Buy Bitcoin in Sweden?

Kraken

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

Founded in 2011 in San Francisco, California, Kraken is one of the oldest and largest crypto exchanges in the business. This centralized cryptocurrency exchange allows its users to quickly and securely buy and sell over 90 cryptocurrencies.

More info +

Currently, 4 million users in over 170 countries worldwide use Kraken’s services (excluding Washington and New York in the U.S). Kraken is registered under FinCEN in the United States.  Besides buying and selling crypto, this exchange also supports margin trading, OTC trading, market, and stop-loss limit order, staking, limit, futures, take profit market order, and more. It is an easy-to-use exchange and an ideal platform for secure, safe, and fast transactions.

⚡ 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

  Available almost worldwide
  High security
  Over 90 cryptocurrencies
Various payment methods

Fees slightly above the industry average
No tax support

Trusted & high liquidity

Bitstamp

Bitstamp

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

Bitstamp is one of the oldest and more reliable crypto exchanges in the world. It was launched back in 2011 by Damijan Merlak and Nejc Kodrič in their native Slovenia. However, the exchange moved to the UK in 2013 and since 2016 it is based in Luxemburg.

More info +

Bitstamp has over 4 million users. Due to its longevity on the crypto market and the large base of users, Bitstamp is one of the most secure and safest exchanges in the crypto universe.
The main features of the exchange are buying and selling cryptocurrencies, spot trading, and staking. Bitstamp does not support the margin of 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

  It is one of the oldest crypto exchanges
  Useful for both beginners and experienced traders
  Low fees
Security and reputation on the high level

The limited number of coins supported (50)
No margin or future trading
The limited number of coins available for staking (2)

Regulated & high liquidity

uphold exchanges

Uphold

👛 Ease of Use – Easy
👛 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 +

Uphold offers a beginner-friendly interface. The main focus (and the main differences compared to its competitors) is on trading directly between asset classes with fixed payments, offering a future where all users have access to financial services, thanks to Uphold’s unique “Anything-to-Anything” trading experience.

⚡ 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)

Established & high liquidity

paxful

Paxful

👛 Ease of Use – Easy
👛 Fees – Average
👛 Verification – 1 Day
👛 Reputation – Trusted
👛 Supported fiat – USD, EUR, GBP, CAD, AUD + more

Paxful is widely considered “the Uber” of the Bitcoin world. It is a crypto exchange that is based in the US and has over 200 employees. Paxful was launched in 2015, so it has longevity on the crypto market.

More info +

Artur Schaback and Ray Youssef are the founders of Paxful. The headquarters of the company is in NY, US. On Paxful, you can easily buy crypto with just a few clicks. Moreover, there is Paxful’s affiliate program called “virtual kiosk” where you can spread the word about the exchange while generating a 2% revenue from any amount bought.

⚡ 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

  Secure and safe
  The longevity of the crypto market
The number of payment methods is extremely high
Easy-to-use platform

No trading features
It is not regulated

Frequently asked questions about buying Bitcoin in Sweden

How can I buy Bitcoin in Sweden❓

You can buy Bitcoin on any exchange mentioned in this article, but we recommend Paxful since it offers any payment method.

Is Bitcoin legal in Sweden❓

There is no cryptocurrency-specific regulation in Sweden.

Is Coinbase in Sweden❓

Yes, Coinbase is available in Sweden.

Is there Bitcoin ATM in Sweden❓

Unfortunately, there is no bitcoin ATM we know of in Sweden

Is Bitcoin taxed in Sweden❓

There are no taxes involved when buying crypto. However, you need to ensure that you keep track of the price you paid for it to be added to your average cost basis (in Swedish this is called “omkostnadsbelopp”).

What is Swedish cryptocurrency called❓

E-krona

Can I use Binance in Sweden❓

Yes, Binance is available in Sweden. Binance also allows users to bind their Visa cards and purchase BTC, ETH, BNB, and XRP with Swedish Krona (SEK)

How do I withdraw money from Coinbase Sweden❓

To withdraw your funds, sign in to your Coinbase Commerce account and click on the Withdraw button next to the relevant cryptocurrency in the Balances section. A window will pop up and ask how much you would like to withdraw, and where you would like these funds to go.

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

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