Best Crypto Exchanges in Slovenia

Best Cryptocurrency Exchanges in Slovenia

We have tried and tested the 16 crypto exchanges accessible to users in Slovenia, focusing on platforms that align with the Bank of Slovenia regulations. Our assessment considered various factors like support for Euro deposits, pricing, available assets, and features. Here’s a detailed comparison table of the five best exchanges for Slovenian users.

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1. Bybit

Bybit has quickly gained popularity in Slovenia as a leading crypto exchange, offering over 1,500 digital assets for spot trading and 440 derivatives contracts with leverage options up to 200x. Users can take advantage of helpful trading tools, including spot and futures trading bots, copy trading services, TradeGPT, a demo account and the Launchpad.

With over 55 million global users, it has unique features such as the Bybit Card for crypto spending, an NFT marketplace, and staking services through Bybit Earn with up to 350% APY. For high-net-worth individuals, it provides an OTC desk for large trades and crypto loan services. It also regularly publishes its reserve holdings to provide complete transparency in its assets.

• Fees: Maker fee at 0.02%, taker fee at 0.055%, spot trading at 0.1%.
• Supported Assets: Over 1,500 cryptocurrencies, including popular and niche tokens.
• Regulation & Licensing: Regulated by the CySEC under registration number 305956090 and available in Slovenia.‍
• EUR Deposit Methods: SEPA, debit cards, credit cards, bank transfers, Wise, Google Pay, iDEAL, Zen, Samsung Pay, and Apple Pay.

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‍2. Kraken

Kraken serves 10 million users, popular for its advanced security measures and transparent operations. The platform offers spot trading for over 200 cryptocurrencies, margin trading, and futures trading with leverage of up to 5x. Kraken Pro provides a professional interface with multiple order types and in-depth charting tools. The OTC desk facilitates large trades with personalized service.

The platform conducts regular Proof-of-Reserves audits, ensuring that client assets are fully backed and available. Kraken also offers staking services, allowing users to earn up to 28% APY on over 30 cryptocurrencies. The Kraken Wallet provides a secure, self-custodial solution for managing digital assets and interacting with decentralized applications.

• Fees: Maker fees start at 0.16%, and taker fees at 0.26%.
• Supported Assets: Over 290 cryptocurrencies.
• Regulation & Licensing: Kraken operates under Payward Ltd., registered in the UK, and complies with Slovenian regulations.
• EUR Deposit Methods: SEPA transfers, wire transfers, credit cards, debit cards and PayPal.

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3. Gate.io

Gate.io is a top crypto exchange offering a selection of over 2,700 cryptocurrencies for trading. The platform provides a comprehensive suite of services, including spot trading, margin trading with up to 10x leverage, and futures trading with leverage options of up to 100x. It also features various financial products such as HODL & Earn, structured products, and staking services.

In addition to trading services, Gate.io offers innovative features like trading bots for automated strategies, an NFT marketplace and Gate Pay for seamless crypto payments. The platform emphasizes security with its 100% Proof of Reserves, ensuring transparency and trust for its users. Gate.io also provides educational resources through Gate Learn and its 24/7 multilingual support.

• Fees: Spot trading fees are 0.2% for both makers and takers.
• Supported Assets: Over 2,700 cryptocurrencies.
• Regulation & Licensing: Gate.io operates globally and is available in Slovenia.
• EUR Deposit Methods: Bank transfers, credit cards, debit cards, and Apple or Google Pay.

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4. Uphold

Uphold is ideal for beginners wanting a simple platform to manage digital assets. It offers a unique Anything-to-Anything trading feature, allowing quick conversions between various asset classes, including over 300 cryptocurrencies, 27 national currencies, and 4 precious metals. This flexibility enables users to diversify and manage their portfolios from one single platform.

Additional services include staking, which enables users to earn up to 28% APY on their crypto holdings. The Uphold Card allows spending of cryptocurrencies directly from the Uphold wallet at any merchant accepting Mastercard payments with zero foreign transaction fees and low exchange rates when traveling abroad.

• Fees: Spread fees at 1%.
• Supported Assets: Over 300 digital assets, 4 precious metals and 27 fiat currencies.
• Regulation & Licensing: Regulated by Bank of Lithuania and available in Slovenia.‍
• EUR Deposit Methods: Bank transfers, Google Pay, Apple Pay, and card payments.

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5. Bitstamp

Bitstamp, established in 2011, is one of Europe's oldest exchanges, offering a regulated platform for trading digital assets. The exchange provides access to 120 cryptocurrencies for trading and staking. Bitstamp's commitment to security is evident through its robust measures, such as 95% of assets stored offline and highly encrypted personal data.

For advanced traders, Bitstamp Pro delivers a comprehensive set of features, including real-time charts, multiple order types, and access to over 80 cryptocurrencies. The platform also offers staking services, allowing users to earn rewards on their crypto holdings. With a mobile app available, users can manage their portfolios and execute trades on the go. 

• Fees: Trading fees start at 0.5% for volumes under $10,000, with reduced rates for higher volumes.
• Supported Assets: Over 120 cryptocurrencies.
• Regulation & Licensing: Bitstamp has a Markets in Financial Instruments Directive (MiFID) Multilateral Trading Facility (MTF) license in Slovenia.
• EUR Deposit Methods: SEPA transfers, bank transfers, and cards.

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Is Crypto Regulated in Slovenia?

Yes, Slovenia oversees crypto activities through the Securities Market Agency (ATVP), an authority representing the Bank of Slovenia. This country adheres to Anti-Money Laundering (AML) regulations and prepares for the EU's forthcoming Markets in Crypto-Assets (MiCA) framework.

The MiCA Regulation, published in June 2023, establishes uniform requirements for public offerings and trading of crypto-assets, including asset-referenced tokens and e-money tokens. Its provisions will be applied from June 30, 2024, to December 30, 2024.

The Bank of Slovenia states that crypto assets are not money and cannot be defined as foreign currency. Entities facilitating the purchase, storage, and trading of crypto assets in Slovenia are not systemically regulated and supervised, meaning no authority licenses or supervises these entities from the perspective of risk management, employee expertise, or transaction adequacy.

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How is Crypto Taxed in Slovenia?

In Slovenia, the Financial Administration of Slovenia (FURS) states that the taxation of crypto activities depends on the nature of the income and the taxpayer’s residency. The Personal Income Tax Act (ZDoh-2) outlines that individual gains from casual crypto trading are exempt from personal income tax, provided they aren’t related to business activity. 

However, if an individual regularly trades or mines crypto, such activities may be classified as business income, thus subject to income tax. For crypto mining by non-business individuals, income is taxed as "other income" at a 25% rate. Slovenian residents are taxed on global income, while non-residents pay tax only on Slovenian-source income. 

The VAT Act (ZDDV-1) and Financial Services Tax Act (ZDFS) further regulate crypto exchange commissions, exempting them from VAT but applying a financial services tax. This nuanced approach ensures Slovenia’s tax framework remains aligned with both national and EU standards for transparent crypto taxation.

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How to Buy Bitcoin in Slovenia

Investing in Bitcoin is easy when using Slovenian digital asset exchanges that support euro (EUR) deposits and comply with Bank of Slovenia regulations. Here’s a breakdown of the purchasing process:

1. Create Account: Choose an exchange that meets Slovenian regulatory standards. Begin by providing your basic details, such as your name and email, and complete the necessary identity verification by submitting a government-issued ID.
2. Deposit EUR: Head to the platform’s deposit section, enter the amount of euros (EUR) you’d like to invest, and choose your preferred payment method, which could be a bank transfer or credit card.
3. Find Bitcoin: Go to the trading section, search for “BTC” to locate Bitcoin, and select the EUR/BTC trading pair. Enter the specifics of your intended purchase.
4. Execute Trade: Confirm the amount of Bitcoin you wish to buy, review the transaction summary, and complete your purchase.

By following these steps, investors in Slovenia can acquire Bitcoin while adhering to local regulations.

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Bottom Line

Choosing the best crypto exchange in Slovenia depends on your trading objectives and the specific features that suit your investment style. We recommend platforms that adhere to Bank of Slovenia regulations, including Bybit, Kraken, Gate.io, Uphold, and Bitstamp.

These platforms accommodate various experience levels, offering a range of tools and services, from advanced trading capabilities and futures options to simplified interfaces ideal for beginners.