Top 5 Cryptocurrency Exchanges in Spain (2023)

Top Cryptocurrency Platform in Spain

Our team of experts has created a comprehensive process for ranking the top cryptocurrency exchanges in Spain. The process involves evaluating several key factors for each platform, including regulatory compliance, security and transparency, fee structure, available features, supported assets, and other relevant components.


Uphold is our top choice for Spanish investors for several reasons. Firstly, it is one of the three global cryptocurrency exchanges that undergo regular audits by US regulators of its reserves and publishes its assets and liabilities in real-time, allowing you to check its reserve proof at any time.Secondly, it is considered a multi-asset trading platform as it offers other asset categories besides cryptocurrencies, Spanish investors can also trade other fiat currencies plus precious metals.

Thirdly, it offers free and instant Euro deposits through SEPA transfers and bank transfers, and allows the buying and selling of over 250 cryptocurrencies with zero transaction fees. This makes it one of the most cost-effective ways to purchase cryptocurrency assets in Europe.Finally, it is a feature-rich platform with a simple user interface, making it an ideal choice for both novice and experienced traders, with a mobile application available for easy access.So that you can transact while on the go, there is a crypto card that allows you to spend over 250 tokens in real-life, etc.

Uphold – Spain’s best cryptocurrency exchange.


Bybit has been chosen by our team as the second-best cryptocurrency exchange. The platform is popular in the cryptocurrency industry mainly because it is a non-KYC exchange, which means that Spanish users can register with Bybit and trade tokens without verifying their identity.Because it does not require KYC, it can operate legally in over 180 countries worldwide. The platform can be used in over 30 languages and also provides 24/7 customer support in multiple languages, including Spanish.

It is most famous for its derivative trading, which allows users to trade with 100x leverage. In addition, it also offers spot, options, and margin trading.Bybit offers the most extensive set of features among any exchange in this list, with several betting options, lending services, copy trading, an NFT marketplace, as well as a Launchpad and Launchpool.The exchange also provides transparency on its holdings by offering regularly updated proof of reserves.

Bybit – The best exchange without the need for KYC (identity verification).


Bitpanda is our expert team’s third choice as it not only offers access to cryptocurrencies but also to five other asset classes including stocks, ETFs, commodities, indices, and precious metals.It is also one of the other three platforms in the world with audited reserve certificates, carried out by KPMG. Additionally, it has obtained ISO27001 standard security certification and is licensed by the Austrian Financial Markets Authority (FMA).

This exchange is one of the safest and highly regulated platforms in Europe, with fully transparent funds. In addition to investing in multiple asset classes, Bitpanda also offers cryptocurrency cards.The platform allows its users to spend over 200 supported cryptocurrencies for shopping, groceries, bills, or any merchant that accepts VISA cards as a payment method.

Bitpanda – The best platform for investing in multiple assets.

4. OKX

OKX is the fourth-best cryptocurrency exchange selected by our team and another exchange that provides proof of reserve, emphasizing that user funds on the platform are held in a 1:1 ratio. However, these reserve funds are only updated once every quarter.Compared to other exchanges in this list, its security is slightly less because it is not regulated in Europe. Although it lacks in security, its trading platform offers a rich array of features, services, and products that make up for this.

Firstly, OKX provides diversified trading types, including two basic trading options (spot and options), four derivative trading options (futures, options, margin and perpetual swap), as well as the cryptocurrency-to-cryptocurrency swap function (convert).In addition, it offers 8 different types of betting options, both flexible and fixed terms, as well as cryptocurrency loans of up to $1 million. But its most famous feature is its DeFi products, which include its own network, OKX Chain, wallet, OKX Wallet, and more.

OKX is the best exchange for DeFi and Web3 products.


Bit2Me is the last option we offer for Spanish users, but we have to include this platform in our list because it is the largest local cryptocurrency exchange in Spain.It offers buying and selling of over 210 cryptocurrencies and staking of 30 tokens for high yields. For betting, it offers the highest bitcoin return in the world, with an annual interest rate of up to 8.27%, which is competitive.In addition to trading and betting, Bit2Me also has its own cryptocurrency card, sponsored by Mastercard, which provides 1%-9% cashback in specific purchases.

In addition to its functionality, Bit2Me also supports multiple Spanish local payment methods, including SEPA transfers and TikeBit, with trading fees as low as 0.95%. The exchange also provides 24/7 Spanish-language customer support via live chat, email, and phone.It is the only platform in Spain that offers telephone support.

Bit2Me is the best Spanish cryptocurrency exchange.

Is cryptocurrency investment legal in Spain?

Yes, cryptocurrency is legal in Spain and the country has taken measures to regulate the industry. In 2020, the Spanish government approved a draft law to regulate crypto assets and their service providers, including exchanges and wallet providers.This law requires cryptocurrency companies to register with the National Securities Market Commission and comply with anti-money laundering and anti-terrorism financing regulations.

In addition, the law grants Spanish tax authorities the power to require digital asset exchanges and their clients to provide information to ensure compliance with tax regulations. Prior to the enactment of this regulation, Spanish tax authorities had already issued several guidelines on reporting cryptocurrency holdings and transactions for tax purposes.These guidelines apply to both individuals and corporations, requiring reporting of profits and losses from cryptocurrency transactions.

Final thoughts

In summary, investing in cryptocurrency in Spain is not only legal, but can be done through various licensed and regulated platforms. The top five cryptocurrency exchanges we’ve selected in Spain are Uphold, Bybit, Bitpanda, OKX, and Bit2Me.These platforms provide a wide range of features, including regulatory compliance, user experience, low fees, diverse payment options, and various coins. Please make sure to choose a platform that fits your needs and preferences, and always stay informed about the ever-evolving world of digital assets.

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