Best Crypto Exchanges in Poland

Best Cryptocurrency Exchanges in Poland

‍Our expert team has tested the 28 crypto platforms accessible to Polish users and found the top options based on several factors. This assessment focused on compliance with the Polish Financial Supervision Authority (KNF), competitive pricing, PLN deposit support, asset variety, and platform features. Here is a comparison table of Poland's top 5 digital asset exchanges.

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1. Bybit

Bybit is the best option in Poland, serving over 55 million customers across 160 countries and has a multilingual platform accessible in Polish. There are 1,500 cryptocurrencies for spot, futures, and options trading with up to 200x leverage. As the second largest exchange globally, it provides high liquidity and can handle 100,000 transactions per second with minimal latency.

Polish investors can deposit PLN through 12 local payment methods like Blik. The platform also undergoes regular auditing to show that all users' funds are held on a 1:1 basis. There are also staking, lending and borrowing services available for users to earn yields on idle assets, plus an NFT marketplace, a crypto debit card, copy trading, a demo account, trading bots and TradeGPT.

• Fees: Maker fee of 0.02% and taker fee of 0.055% for futures and 0.1% for spot trading.
• Supported Assets: More than 1,500 digital currencies.
• Regulation & Licensing: Regulated by CySEC and available in Poland.‍
• PLN Deposit Methods: Bank transfers, credit cards, debit cards, Blik, Apple Pay, Google Pay, SEPA, Samsung Pay and Zen.

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‍2. Kraken

Kraken is a leading choice for institutional investors in Poland, thanks to its advanced trading features. Home to over 10 million clients globally, it provides deep liquidity across 290 cryptocurrencies for spot, futures, and margin trading with 5x leverage. Institutional clients appreciate the OTC desk, which allows for large trades with minimal price impact, and its suite of staking options.

The exchange offers comprehensive custodial services for secure asset storage backed by industry-leading encryption and security protocols. Its non-custodial staking options allow clients to retain control of private keys, which is ideal for investors wanting direct asset management. Kraken also regularly undergoes external audits to provide transparency in its reserve holdings.

• Fees: Trading fees range from 0.16% maker to 0.26% taker, with volume-based discounts.
• Supported Assets: Over 290 cryptocurrencies.
• Regulation and Licensing: Registered as a Virtual Asset Service Provider (VASP) in Europe and available in Poland.
• PLN Deposit Methods: Bank transfers, SEPA payments, and card payments.

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3. Gate.io 

Gate.io has over 18 million users in Poland and 180 countries and accepts deposits in PLN and 60 other currencies. Thanks to its widespread availability, it can be used in Polish. It offers access to an impressive range of over 2,700 digital assets. This variety appeals to users seeking extensive choices in spot, margin, ETF trading, and leveraged perpetual futures. 

For investors interested in more than just trading, Gate.io offers a variety of earning options, including staking, yield farming, and liquidity mining. The copy trading feature is popular, allowing users to follow top traders and automated bots for both spot and futures markets. Its Web3 offerings include cross-chain wallets, NFT marketplaces, and decentralized applications.

• Fees: Spot trading fees start at 0.1%.
• Supported Assets: Over 2,700 cryptocurrencies.
• Regulation and Licensing: Operates under EU standards and is available in Poland.
• PLN Deposit Methods: Bank transfers, credit cards, debit cards, and Google Pay.

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4. Binance

Binance is the world’s largest cryptocurrency platform, with over 235 million registered users and access to more than 350 digital assets. Users can engage in spot, margin, and futures trading with up to 50x leverage. It also provides a comprehensive suite of earning options, including Binance Earn, Dual Investment, Smart Arbitrage, and ETH 2.0 for staking and saving.

Additional products include the Launchpad for early access to new token sales, an NFT marketplace where users can trade, stake, or loan NFTs, plus lending and borrowing services. The platform also offers extensive learning resources through Binance Academy and has live customer support in Polish and 44 other languages.

• Fees: 0.1% fee for spot trading and 0.06% for derivatives.
• Supported Assets: Over 350 cryptocurrencies. 
• Regulation & Licensing: Obtained VASP registration by the Polish Tax Administration Chamber of Poland in Katowice (registration number RDWW – 465). 
• PLN Deposit Methods: Bank transfers, credit cards and debit cards.

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5. KuCoin

KuCoin is great for those looking to expand their portfolios with staking, lending, and diverse advanced trading options. It supports over 700 coins and has a global user base of 30 million, spanning more than 190 countries. KuCoin Earn allows users to generate steady income by staking assets or engaging in crypto loans, while its trading bots and copy trading offer flexibility for active traders. 

Additionally, the exchange provides access to exclusive new tokens through its GemSPACE and Launchpad. For security, KuCoin employs high-level encryption, regular audits, and independently verified Proof of Reserves to guarantee that all user funds are backed on a 1:1 basis. The platform is easy to use with low entry barriers, allowing users to start trading with as little as $1.

• Fees: 0.1% for spot trading.
• Supported Assets: Over 700 cryptocurrencies.
• Regulation & Licensing: Although not directly regulated in Poland, it is available in the country.
• PLN Deposit Methods: Debit or credit cards.

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Is Crypto Regulated in Poland?

Yes, cryptocurrency is regulated in Poland, with the Polish Financial Supervision Authority (KNF) overseeing the industry to ensure market integrity and investor protection. Poland is set to implement the European Union's Markets in Crypto-Assets (MiCA) Regulation, establishing a unified regulatory framework for crypto assets across all EU member states.

Starting from June 30, 2024, the MiCA Regulation will apply to issuers of asset-referenced tokens and e-money tokens, and from December 30, 2024, it will extend to other crypto asset issuers and service providers. The KNF enforces rigorous Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols to ensure high standards across licensed platforms.

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How is Crypto Taxed in Poland?

In Poland, cryptocurrency taxation is managed by the Ministry of Finance, which classifies crypto earnings as income subject to progressive tax rates. Individuals earning income from crypto are subject to a 19% flat capital gains tax on profits. Companies operating in the crypto sector face a corporate income tax (CIT) of 19% on their worldwide income if registered in Poland.

Poland’s VAT policy aligns with EU directives, exempting cryptocurrency exchanges between crypto and fiat currencies from VAT. Additionally, social security contributions apply if a crypto business employs staff, covering pensions, insurance, and other mandatory benefits. For foreign companies or investors, Poland offers tax relief through double taxation treaties with over 90 countries.

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How to Buy Bitcoin in Poland

Polish investors interested in buying Bitcoin can use an exchange supporting PLN deposits registered with the Polish Financial Supervision Authority (KNF). Here’s a quick guide to getting started:

1. Create an Account: Begin by signing up with a trusted exchange in Poland. You’ll need to provide your name and email. Before trading, complete identity verification using a government-issued photo ID, like a passport or driver’s license.
2. Depositing PLN: Navigate to the deposit section on your dashboard, enter the amount of Polish zloty (PLN) you wish to invest, and select your preferred payment method. Many exchanges offer options like bank transfers or card payments.
3. Find Bitcoin: In the trading section, search for Bitcoin by typing “BTC.” Select the PLN/BTC trading pair and specify the details of your transaction.
4. Execute the Trade: Click the “buy” or “trade” button to execute your purchase. Enter the amount of Bitcoin you wish to buy and confirm the transaction.

This guide helps Polish users start trading digital assets by outlining the steps from account setup to executing trades.

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Bottom Line

Choosing the best crypto exchange in Poland depends on your specific trading goals and preferences. We recommend using platforms compliant with Polish Financial Supervision Authority (KNF) regulations, such as Bybit, Kraken, Binance, Gate.io, and KuCoin.

Each of these options offers unique features suited to various skill levels, giving Polish investors secure options to engage with the cryptocurrency market.