Skip to main content

Best crypto exchanges in Ireland for 2024 (ranked and reviewed)

Author Avatar
Author
Gustavo Gomes
Author Avatar
Fact checked by
Franklin Silva
Updated
May 17, 2024

In a world where cryptocurrencies are becoming increasingly significant, investors must find secure and reliable platforms to buy, sell, and store their assets. The crypto market is risky, volatile, unregulated, and often lacks consumer protection. Moreover, there is a growing number of exchanges available, which makes selecting the right one a daunting task.

To choose the ideal platform, investors need to be wary of scams and understand the differences, unique strengths, weaknesses, and reliability of the different platforms, considering that there is no investor protection in case the exchange goes bust. Since we have the experience and the expertise to help you, we tried to summarize the information you need to make an informed decision when choosing the best crypto exchange in Ireland.

In this article, we will compare and review the best cryptocurrency exchanges in Ireland to help you find the perfect match for your needs. 

Best cryptocurrency exchanges in Ireland for 2024

eToro

Social trading platform established in 2007, with almost 30 million users. The platform offers traditional financial instruments and cryptocurrencies (60+).

Crypto.com

With over 250 types of cryptocurrencies, Crypto.com offers diverse financial services related to cryptocurrencies, such as a crypto debit card and a comprehensive NFT marketplace.

Coinbase

American crypto exchange founded in 2012 with over 89 million users. The exchange is known for its simplicity. It allows you to buy and sell over 100 different cryptocurrencies.

Kraken

Kraken is the fifth-largest Bitcoin exchange globally, according to trade volumes. The exchange is regulated by the FinCEN in the USA and is operational in over 200 countries, including Ireland.

Gemini

Trusted cryptocurrency exchange founded in the US, which is known for its robust security measures and strict regulatory compliance, offering a variety of digital assets for trading.

Exchange Minimum deposit Number of crypto supported Staking available Crypto card available Insurance against theft
eToro $50 60+ X
Crypto.com €20 250+ X
Coinbase €50 250+
Kraken €1 185+ X X
Gemini €0 100+ X

Best cryptocurrency exchanges in Ireland reviewed

eToro at a glance

eToro logo
Visit brokerRead review
Nº of cryptocurrencies60+
Minimum deposit$50
Regulation and LicenseseToro is authorized and regulated by the Cyprus Securities Exchange Commission (CySEC - license No. 109/10)
Fees1% (on buy and sell positions - other fees may apply)
Crypto credit/debit card
Staking
Visit eToroRead review

51% of retail CFD accounts lose money.

eToro was founded in 2007 and expanded into the crypto market in 2013. It is the leading social trading platform in the world, allowing investors to discuss the world of crypto and copy other traders’ strategies, including professional traders. eToro supports Euro deposits, but the amount will be automatically converted to USD when the funds arrive in the account (a currency exchange of, at least, 0.50% of your deposit value applies).

The broker offers a selection of 60+ crypto assets which include the most popular cryptocurrencies, such as Bitcoin, Ethereum, or BNB. One benefit of using eToro to trade crypto is the possibility to stake investments and receive monthly rewards for holding assets, earning a passive income while investing in crypto. According to the eToro staking program rules, at the moment it is possible to stake Cardano, Tron, and Ethereum. The reward is paid out in the same token that is being staked, and its yield will vary based on the monthly sum of the new tokens received by all eligible staking users.

Its web-based and mobile-based apps are very intuitive and easy to use. There are great educational resources, webinars, and the social trading features can be great for investors of all levels. Additionally, it is possible to easily withdraw the cryptocurrencies bought in the platform to your eToro money crypto wallet, which will allow you to freely move the asset however you want.

eToro operates in Ireland and is regulated by the CySEC as a financial services provider, besides being registered as a Digital Assets Service Provider in France, Italy, and the Netherlands. But please note that, despite the regulation, your investment in crypto will not be protected by any investment scheme, which means that if the broker goes bankrupt, there is no guarantee that you will recover the amount. However, since eToro offers traditional financial products, it is under the regulators’ scrutiny, which mitigates its risk of bankruptcy. 

If you want to know more about the platform, don’t forget to read our eToro review!

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Crypto.com at a glance

Crypto logo
Visit broker
Nº of cryptocurrencies250+
Minimum Deposit€20
Regulation and LicensesLicensed as a Class 3 Virtual Financial Assets Service Provider by the MFSA
Fees0.075% to 0.05% for spot and margin trading. If you hold Crypto.com’s native token, the number can be lowered
Crypto credit/debit card
Staking
Visit Crypto.com

Crypto.com is a platform founded in 2016 with more than 80 million users from 90 different countries. It has become a popular choice among Irish users due to its variety of services that allow investors to earn passive income and access financial services. The exchange is licensed in Malta as a Virtual asset Service Provider, which makes it reliable and compliant with anti-money-laundering rules, although it does not protect your investments.

Among the many other services, Crypto.com allows you to earn interest on your crypto holdings, gives you access to a safe crypto wallet, allows you to create a crypto savings account, and access a visa card to use your cryptocurrencies to pay for products and services on your day-to-day while earning rewards for it. The platform is also famous for its NFT marketplace, which is developed and easy to navigate. Moreover, if you hold the platform’s native utility token Cronos (CRO), you can lower your fees and earn higher rewards when using your crypto debit card.

The exchange offers many different services which may suit your needs, and it may be worth it to check it out! If you are a beginner, you may be overwhelmed by the platform’s interface, but the low fees and the extensive list of services and assets may convince you to use it anyway, and it is certainly one of the best crypto exchanges in Ireland.

Coinbase at a glance

Coinbase logo
Visit broker
Nº of cryptocurrencies250+
Minimum Deposit€50
Regulation and LicensesAuthorized as a Virtual Asset Service Provider (C455715) and licensed as an electronic money institution (C188493) by the Central Bank of Ireland
FeesBetween 0.50% and 1.50% (3.99% for credit card purchases)
Crypto credit/debit card
Staking
Visit Coinbase

Coinbase is a cryptocurrency exchange founded in 2012 with more than 100 million users worldwide. The platform combines a user-friendly interface with a large offer of cryptocurrencies for the user to buy and sell. It also provides a massive library of information about cryptocurrencies, focusing on beginner education. Any user with limited knowledge of computers can use both the online website and the apps for Android or iOS, which makes it an excellent choice for beginners. Advanced traders can use Coinbase Pro, which contains advanced features not present in the regular platform.

The company prioritizes security and has a strong presence in Ireland. It is authorized as a Virtual Asset Service Provider and licensed as an electronic money institution by the Central Bank of Ireland. In a nutshell, this means that your cash balance will be protected by a depositor guarantee scheme and that Coinbase needs to abide by strong anti-money laundering measures. Although your crypto will still not be protected by any investment scheme, these measures provide some level of safety and trust. To enhance even more the security of the investments, Coinbase also offers cold storage and multi-signature wallets, and a crime insurance that protects a portion of your digital currencies against theft and cybersecurity breaches.

Moreover, the exchange provides “learn & earn” programs that will pay you rewards in crypto to learn about cryptocurrencies and Fintech. Known for its simplicity and security, it is a solid option for investors, and its advantages put it in third place on our list of the best crypto exchanges in Ireland.

Kraken at a glance

Kraken logo
Visit broker
Nº of cryptocurrencies185+
Minimum deposit€1
Regulation and LicenseVirtual Asset Service Provider license in Italy from the Organismo degli Agenti e dei Mediatori (OAM - PSV35) and Registered cryptoasset firm authorization from the FCA (FRN 928768)
FeesBetween 0% and 0.26%
Crypto credit/debit card
Staking
Visit Kraken

Founded in 2011, Kraken is one of the oldest and most reputable crypto exchanges in the world. You can trade a wide range of cryptocurrencies with low fees (up to 0.26%), have access to 24/7 customer support via live chat, and enjoy high-security standards. It offers educational resources for beginners and experts: there are detailed “Crypto Guides”, videos, and even a podcast, which are excellent tools to help investors make informed decisions.

Kraken provides staking services which are similar to a locked savings account. With the right cryptocurrency choice, you could earn 10%+ in interest. It’s an ideal choice for traders who wish to earn a passive income from their holdings.

The company is committed to transparency and security, and they offer a combination of cold storage and multi-signature wallets that protect user funds. Although it is registered in Italy as a Virtual Asset Service Provider, which obliges the exchange to comply with strong anti-money laundering rules, there is no protection for the investments in case the exchange goes bust.

Gemini at a glance

Gemini logo
Visit broker
Nº of cryptocurrencies100+
Minimum deposit€0
Regulation and LicenseLicensed and regulated as an e-money institution (C432664) and authorized as a Virtual Asset Service Provider by the Central Bank of Ireland
FeesBetween €0.75 and €2.25. For orders above €150, there is a flat 1.49% fee
Crypto credit/debit card
Staking
Visit Gemini

Founded in 2014, Gemini is a US-based cryptocurrency exchange with more than 13 million active users. It is known for its strict regulatory compliance and robust security measures, making it a trusted choice for investors seeking a secure platform.

The exchange provides more than 100 cryptocurrencies, and it is regulated by the New York State Department of Financial Services, the FCA, and by the Central Bank of Ireland. Additionally, Gemini was the first exchange in Ireland to receive authorization to act as a Virtual Assets Service Provider

Gemini provides staking services with up to 8% APY, a crypto credit card with up to 3% cashback, secure crypto wallets, advanced trading tools, and Gemini Dollar: a safe and regulated stablecoin that is fully backed by cash or cash equivalents.

Although Gemini has slightly higher fees and a medium-sized range of cryptocurrencies available, it is a safe and reliable option for investors of all levels, and it is a great way to end our list of the best crypto exchanges in Ireland.

How to choose the best crypto app in Ireland

There are many aspects you should consider when choosing the best crypto exchange in Ireland to make your investments. Some of the features you should consider are the following:

  • Safety and Regulation: all the exchanges presented are licensed and regulated in Ireland. 
  • Range of cryptocurrencies available to trade: you must assess whether the platform offers a wide range of crypto assets or only the most established ones.
  • Fees: exchanges may charge above-average prices for buying, selling, or swapping cryptocurrencies.
  • User interface and ease of use.
  • Deposits: how can you top up your wallet in the exchange? Is there a minimum deposit amount?
  • Services offered: exchanges offer different types of services. If you want to take on riskier investments, maybe you could consider using exchanges that allow you to trade derivatives. If you need to be able to use your cryptocurrency investments to make payments in your day-to-day life, an exchange that has a crypto debit or credit card may be more useful. If you want to hold your assets for a long period, maybe look for exchanges that will pay you higher rates for staking.

Bottom line

To sum it up, these are our top picks for the best crypto platforms in Ireland:

  1. eToro
    Best Overall
  2. Crypto.com
    Best for NFTs and crypto card
  3. Coinbase
    Best for beginners
  4. Kraken
    Best for strong customer support
  5. Gemini
    Best for a regulated and fully-backed stablecoin

The world of cryptocurrency trading is exciting and filled with opportunities. However, choosing the right exchange is critical to ensuring a positive experience and protecting your digital assets to avoid scams and unsafe platforms. In this article, we reviewed the best crypto exchanges in Ireland, and we want to help your decision.

Please consider each of the unique strengths and advantages of the exchanges, always thinking of your needs and preferences. Cryptocurrencies are highly volatile and unregulated in Ireland. There is little to no consumer protection and your investment will not be protected as it would be if you would buy stocks. Besides, remember that tax on profits may apply!

Take your time to do more research and evaluate the platforms. Stay informed and stay safe! We hope that this article was informative, and we wish you the best of luck in your investments!

FAQs

What is a crypto exchange?

A crypto exchange is an online marketplace where you can trade cryptocurrencies for other cryptocurrencies, digital money, fiat money, or many other tokens, such as NFTs. Typically, crypto exchanges are centralized, similar to stock exchanges. These platforms will work as intermediaries that match transactions between buyers and sellers, offering you more safety when selling or purchasing cryptocurrencies. Crypto exchanges may also be decentralized. In this case, the platform will use blockchain technology to facilitate the exchange of your asset with another party without the intervention of the platform.

What are the best crypto exchanges for beginners?

We believe that all options in this list are a few of the best exchanges for beginners, although they have their unique strengths and differences.

Is my investment in crypto protected by the Irish Investor Compensation Scheme?

No, the ICS does not protect your investments in cryptocurrencies. If the exchange goes bust, you will not be able to recover the amount through the scheme.

Share this article
On this page
Share this article
About the author
Author Avatar
Gustavo Gomes
Contributor

Gustavo has professional experience in banking law, commercial law, consumer's law and financial instruments law and is currently pursuing a Master's Degree in Law and Financial Markets

Don't miss these