Best Crypto Exchanges in the Czech Republic

Best Cryptocurrency Exchanges in Czech Republic

‍We reviewed the 16 crypto exchanges available to users in the Czech Republic, focusing on platforms that comply with the Czech National Bank (CNB) regulations. Our evaluation compared factors like CZK deposit options, trading fees, asset variety, and platform features. Below is a detailed comparison table of the five top exchanges for Czech users

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1. Bybit

Bybit is the top crypto exchange in the Czech Republic, providing over 1,500 cryptocurrencies for spot trading, along with 440 derivatives contracts that allow leverage of up to 200x. It offers tools like automated spot and futures trading bots, a copy trading platform, and TradeGPT. There is also a demo account, ideal for new traders who want to practice strategies without risking money.

It provides additional services, such as the Bybit Card, an NFT marketplace, staking services and crypto loans. High-net-worth clients can leverage Bybit's OTC (Over-the-Counter) desk for large trades and benefit from a dedicated account manager. For transparency, Bybit regularly publishes its reserve assets, reinforcing its commitment to financial integrity.

• Fees: Competitive maker fee at 0.02%, taker fee at 0.055%, and 0.1% for spot trading.
• Supported Assets: Over 1,500 cryptocurrencies.
• Regulation & Licensing: Regulated by CySEC, registration number 305956090, available in the Czech Republic.
• CZK Deposit Methods: Bank transfers, Google Pay, Apple Pay, SEPA, credit cards, debit cards, Zen, Wise and Samsung Pay.

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2. OKX

OKX is a great option for Czech users interested in DeFi and NFTs, offering unique opportunities beyond trading. The Web3 feature gives users access to decentralized lending, borrowing, and staking services, providing yields up to 97% APY. There is also an NFT marketplace that allows users to buy, sell, and mint thousands of NFTs.

There is also a comprehensive suite of crypto trading options, including spot, futures, and options trading. Users can automate trades with bot strategies or use margin trading with up to 100x leverage. The platform is recognized for its commitment to security, offering multi-layered encryption and regular audits of its reserves to provide transparency in its asset holdings.

• Fees: Starting at 0.08% for makers and 0.1% for takers.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Regulated by multiple global authorities and available in the Czech Republic.
• CZK Deposit Methods: Debit or credit cards.

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3. Kraken

Kraken is ideal for institutional investors in the Czech Republic, thanks to its advanced security, high liquidity, and institutional-grade trading services. Founded in 2011, it is one of the oldest exchanges and serves over 10 million registered clients. The platform supports OTC trading, a dark pool for discreet trading, and a dedicated account management team for personal support.

The exchange provides access to 290 cryptocurrencies for spot trading and over 100 futures contracts with leverage options up to 5x. It features advanced trading tools like Kraken Pro, catering to professional traders with multiple order types. Kraken’s staking options and comprehensive educational resources also help users optimize their investment strategies.

• Fees: Maker orders at 0.16% and taker orders at 0.26%.
• Supported Assets: Over 290 cryptocurrencies.
• Regulation & Licensing: Registered as a VASP in Europe and available in the Czech Republic.‍
• CZK Deposit Methods: Bank transfers and credit or debit cards.

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4. MEXC

MEXC is an exchange focused on high-leverage derivatives trading, offering up to 200x leverage on derivatives. The platform supports both standard spot trading and over 500 futures contracts. It has a selection of trading tools, including spot and futures grid trading bots, a practice account and copy trading, allowing users to mimic successful traders’ strategies.

Beyond trading, the exchange offers unique features such as the MEXC Card for crypto spending, an NFT marketplace, and staking services through MEXC Earn, with competitive yields up to 270% APY. For institutional investors, the platform provides an OTC desk for large trades over $100,000.

• Fees: Maker fees range from 0.02% to 0.06% and taker fees from 0.06% to 0.08%.
• Supported Assets: More than 800 cryptocurrencies.
• Regulation & Licensing: Licensed in Estonia and available in Czech Republic.‍
• CZK Deposit Methods: Bank transfers and card payments.

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5. Gate.io

Gate.io has the largest selection of cryptocurrencies worldwide, with over 2,600 assets available for trading. Czech users benefit from the extensive crypto options, including mainstream and rare tokens, which are ideal for diversifying their portfolios. The platform supports spot, futures, and margin trading, plus staking and lending services. Users can trade with up to 100x leverage on futures.

The exchange has a substantial daily trading volume surpassing $5 billion and serves a vast global community of over 16 million users across Czech and 190 other countries. There is also an NFT marketplace and DeFi hub, allowing users to explore different facets of the digital asset ecosystem. Gate.io’s security features include multi-signature protection and cold storage solutions.

• Fees: Maker orders start at 0.1% and taker orders at 0.2%.
• Supported Assets: Over 2,600 digital currencies.
• Regulation & Licensing: Operates from the Seychelles and is available to Czech investors.
• CZK Deposit Methods: Bank transfers, SEPA, debit cards and credit cards.

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Is Crypto Regulated in Czech Republic?

Yes, the Czech Republic regulates cryptocurrency activities with oversight from the Czech National Bank (CNB), which supervises financial markets, and the Financial Analytical Office (FAÚ), responsible for anti-money laundering (AML) compliance. 

However, there is no crypto-specific licensing requirement; crypto companies register under the Trade Licensing Register, managed by the Czech Ministry of Industry and Trade (MPO). For a crypto company to operate, it must implement AML and Know Your Customer (KYC) procedures and appoint an AML Officer to manage compliance. 

This regulatory setup positions the Czech Republic as a favorable jurisdiction for crypto enterprises, particularly as the country prepares for the EU’s forthcoming Markets in Crypto-Assets (MiCA) framework, set to harmonize cryptocurrency regulations across member states starting in 2024.

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How is Crypto Taxed in Czech Republic?

In the Czech Republic, crypto taxation falls under the jurisdiction of the Czech Ministry of Finance and the Czech Financial Administration. The tax treatment of crypto assets depends on the nature of the activity and the taxpayer’s residency. Individuals trading digital currencies are taxed at 15%, while businesses face a 19% tax rate. 

For miners not operating as a registered business, income from mining is classified as "other income" and taxed accordingly. Czech residents are taxed on their worldwide income, while non-residents are only taxed on income sourced from within the Czech Republic. 

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How to Buy Bitcoin in Czech Republic

Investing in Bitcoin is straightforward for Czech residents using digital asset exchanges that support Krona deposits and adhere to regulatory guidelines set by the Czech National Bank. Here’s a short guide to the process:

1. Create an Account: Select an exchange that complies with Czech requirements. Start by signing up with your basic information, such as your name and email, then complete identity verification by submitting a government-issued ID.
2. Deposit Czech Koruna (CZK): Go to the deposit section of the platform, specify the amount of CZK you want to invest, and choose a payment method that suits you, such as bank transfer or credit card.
3. Locate Bitcoin: Navigate to the trading section, search for “BTC” to find Bitcoin, and select the CZK/BTC trading pair. Enter the amount of Bitcoin you plan to buy.
4. Execute the Trade: Confirm the Bitcoin amount, review the transaction details, and complete your purchase.

By following these steps, investors in the Czech Republic can easily acquire Bitcoin while aligning with local regulatory standards.

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Bottom Line

Selecting the best crypto exchange in the Czech Republic depends on your trading goals and the features that align with your investment approach. We recommend platforms that comply with Czech National Bank guidelines, such as Bybit, Kraken, Gate.io, OKX, and MEXC.

These platforms offer diverse tools and services, including advanced trading features, high-leverage derivatives, and user-friendly interfaces suitable for newcomers to crypto.