Best Crypto Exchanges in Lithuania

Top Crypto Trading Platforms in Lithuania

Lithuania has built a strong reputation as a crypto-friendly jurisdiction, with a comprehensive regulatory framework set by the Bank of Lithuania. Many platforms allow users to deposit euros (EUR) directly from bank accounts, offer competitive trading fees, and provide multilingual support for local investors. Below is a detailed comparison of the five best exchanges for Lithuanian traders.

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1. Binance

‍Binance, the world’s largest cryptocurrency exchange, serves over 260 million users globally, including in Lithuania and 100 other countries. Founded in 2017, it has become a global leader in crypto trading, offering low fees, deep liquidity, advanced trading tools and multiple order types. 

The platform is available in multiple languages, including Lithuanian, and provides an intuitive interface suitable for both beginners and experienced traders. It offers services beyond standard spot trading, such as margin trading, perpetual contracts and options trading with up to 100x leverage. 

It also provides earning opportunities through Binance Earn, Auto-Invest, and crypto staking, allowing investors to grow their holdings passively. Additionally, Binance’s Launchpad and Launchpool give users early access to new tokens, while the NFT Marketplace supports thousands of NFTs.

• Fees: Trading fees start at 0.1%, with discounts available for BNB holders and VIP traders.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Registered as a VASP with the Republic of Lithuania and local Financial Intelligence Unit (registration number 305595206).
• EUR Deposit Methods: SEPA, bank transfers, credit/debit cards, Google Pay, Apple Pay, and P2P.

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2. Uphold

Uphold, founded in 2015, is a regulated multi-asset trading platform that allows users to buy, sell, and hold cryptocurrencies, stocks, precious metals, and fiat currencies in a single account. With millions of users worldwide, Uphold has gained popularity in Lithuania and across Europe. 

It is fully licensed by the Bank of Lithuania, ensuring adherence to strict European financial standards. Unlike traditional crypto exchanges, it offers a one-step trading process, allowing users to trade directly between different asset classes without first converting to fiat. 

Security is a major focus for Uphold, featuring real-time proof-of-reserve transparency, multi-layer encryption, and two-factor authentication (2FA). The platform supports instant EUR deposits and withdrawals through SEPA transfers, bank cards, and e-wallets like Apple Pay and Google Pay.

• Fees: A trading fee of 1% and a spread fee of 1%.
• Supported Assets: Over 300 digital assets, 4 precious metals, and 27 fiat currencies.
• Regulation & Licensing: Registered with the Financial Crime Investigation Service under The Ministry of the Interior of the Republic of Lithuania.
• EUR Deposit Methods: Bank transfers, SEPA, Apple Pay, Google Pay and credit or debit cards.

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3. Kraken

Kraken, founded in 2011 by Jesse Powell, has established itself as a popular exchange, serving over 10 million clients across 190+ countries. Initially launched to provide a secure platform for Bitcoin and Litecoin trading, it has expanded its offerings to include over 350 digital assets.

Users can engage in spot and margin trading with up to 5x leverage and access futures contracts with up to 50x leverage. The platform also provides staking opportunities, allowing users to earn crypto rewards. There is also Kraken Pro, which offers a professional trading experience.

The exchange employs industry-leading practices, including two-factor authentication (2FA), cold storage solutions, and regular security audits. Kraken is also committed to transparency, providing proof of reserves and adhering to regulatory standards across multiple jurisdictions.

• Fees: 0.16% maker and 0.26% taker fee.
• Supported Assets: More than 350 cryptocurrencies.
• Regulation & Licensing: Operating under Payward Ireland Limited under registration 688569, C453020 with the Bank of Lithuania.
• EUR Deposit Methods: SEPA transfers, SWIFT, PayPal and credit or debit cards.

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4. OKX

OKX, founded in 2017, has evolved into one of the leading global exchanges, offering a diverse suite of trading and blockchain-based services. With over 50 million users across Lithuania and 180 other countries, it stands out for its deep liquidity, low trading fees, and innovative Web3 integrations. 

Unlike traditional exchanges that focus solely on spot trading, OKX provides a full-stack crypto experience, including DeFi access, NFTs, and cross-chain wallet services through OKX Wallet. It also supports perpetual swaps, margin trading, and futures contracts with leverage options.

There are also passive income opportunities through OKX Earn, where users can stake, lend and borrow crypto, participate in liquidity pools, and earn interest on digital assets. Its Launchpad supports new blockchain projects, giving users early access to emerging tokens.

• Fees: A 0.08% charge for spot trading.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Holds a MiCA license across Europe.
• EUR Deposit Methods: Bank transfers, SEPA, debit cards and credit cards.

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5. Bitpanda

Bitpanda, founded in 2014 in Vienna, has grown into one of Europe’s most trusted investment platforms. Originally launched as a crypto exchange, it has expanded its offerings to include stocks, ETFs, precious metals, and commodities, allowing Lithuanian users to diversify their investments. 

The exchange is fully regulated in the EU, holding a PSD2 payment service provider license and a MiCA license. One of Bitpanda’s unique features is its fractional investing, allowing users to buy stocks, ETFs, and crypto in small increments rather than purchasing full units. 

The Bitpanda Crypto Indices simplify exposure to the broader crypto market, automatically balancing assets within the portfolio. Users can also earn passive income through staking and Bitpanda Cash Plus, an alternative to traditional savings accounts that generate returns on idle funds.

• Fees: 1.49% for crypto trades.
• Supported Assets: Over 3,000 cryptocurrencies, stocks, ETFs, indices and precious metals.
• Regulation & Licensing: Regulated with the Bank of Lithuania.‍
• EUR Deposit Options: Bank transfer, debit cards, credit cards, and PayPal.

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Is Crypto Regulated in Lithuania?

Lithuania has taken a proactive approach to cryptocurrency regulation, establishing a robust legal framework. The Bank of Lithuania, in collaboration with the Ministry of Finance and the Financial Crime Investigation Service (FNTT), plays a critical role in supervising virtual asset service providers (VASPs).

In response to rapid growth in the sector, Lithuanian authorities have tightened regulations to prevent illicit activities, including fraud and money laundering. Recent amendments to the Law on the Prevention of Money Laundering and Terrorist Financing have increased enforcement, with significant fines imposed on non-compliant firms. 

Additionally, the government has proposed accelerating the adoption of the EU’s Markets in Crypto-Assets (MiCA) regulation, opting to implement its requirements from early 2025 rather than waiting for the EU’s transitional period.

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How is Crypto Taxed in Lithuania?

Lithuania has established a clear taxation framework for cryptocurrency, aligning with European Union standards while maintaining its own regulatory oversight. The State Tax Inspectorate (STI) treats crypto assets as property rather than legal tender, meaning that taxation depends on how digital assets are used.

Key Crypto Tax Considerations in Lithuania:

• Capital Gains Tax: Individuals who sell cryptocurrency for euros (EUR) or exchange one digital asset for another must pay a 15% tax on capital gains. Provided proper documentation is maintained, losses can be deducted from taxable profits.
• Income Tax on Mining and Staking: Crypto earned through mining or staking is treated as income and taxed at rates of 15% or 20%, depending on the total annual earnings.
• Corporate Tax: Businesses accepting crypto payments or engaging in digital asset trading must declare profits under Lithuania’s standard 15% corporate income tax rate. 

Crypto investors and businesses should maintain detailed transaction records and stay informed on evolving policies to ensure full compliance with Lithuanian tax laws.

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Cryptocurrency Adoption in Lithuania

Lithuania’s cryptocurrency market is steadily growing, with projected revenue expected to reach $4.4 million by mid-2025. There are an estimated 129,700 Lithuanians engaging in digital asset transactions, accounting for 4.86% of the population.

Several factors are driving Lithuania’s crypto expansion. The country has become an attractive hub for crypto mining operations, benefiting from low electricity costs and favorable business conditions.

Major exchanges operating in Lithuania include Kraken, Coinbase, Binance, and OKX, with Binance holding the largest market share at 54%.

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How to Buy Bitcoin in Lithuania

Lithuanian investors can invest in Bitcoin by using reputable cryptocurrency exchanges that support euro deposits. Whether you're a beginner or an experienced trader, you can purchase BTC securely by following these steps:

1. Choose Platform: Select a reliable cryptocurrency exchange that supports EUR deposits and complies with Lithuania’s financial regulations.
2. Verify Your Account: Create an account on your chosen exchange. To comply with Know Your Customer (KYC) requirements, you must verify your identity by submitting a government-issued ID and proof of residence.
3. Deposit Funds: Once verified, fund your account by bank transfer (SEPA), credit or debit card, or supported e-wallet services.
4. Buy Bitcoin: Navigate to the trading section, select the BTC/EUR trading pair, and enter the amount of Bitcoin you wish to purchase. Before confirming the trade, double-check the exchange rate, fees, and transaction details to ensure accuracy.

By using a regulated exchange and following security best practices, buying Bitcoin in Lithuania is safe, allowing users to participate in the growing digital asset market with confidence.

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Final Thoughts

Lithuania is a key market in Europe’s cryptocurrency sector, offering a regulated environment, strong banking infrastructure, and access to top-tier exchanges. 

Whether you’re a casual investor or an institutional trader, platforms like Binance, Kraken, Uphold, OKX, and Bitpanda provide secure and feature-rich trading options with seamless EUR deposits.