Best Crypto Exchanges in Spain
Summary: In Spain, cryptocurrency is governed by a comprehensive regulatory framework. The National Securities Market Commission (CNMV) and the Bank of Spain are the primary authorities overseeing crypto activities, which also adhere to the new Markets in Crypto-Assets (MiCA) regulations.
Here are the top five crypto exchanges in Spain that facilitate Euro deposits from local bank accounts:
Kraken is our top pick in Spain as the platform can be used in Spanish, accepts Euro deposits and provides both spot and futures trading with leverage options available.
Registered with the Banco de España (Registration No. D892)
320+ Cryptocurrencies
IBAN, SEPA, Credit Cards, Debit Cards & Bank Transfers
Top Crypto Trading Platforms in Spain
As crypto continues to grow in popularity across Spain, local investors must use platforms registered with the Bank of Spain and comply with the Markets in Crypto-Assets (MiCA) regulations. We have ranked the leading options based on Euro deposit options, trading fees, available assets and features. Below is a comparison table of the top five exchanges.
1. Kraken
Kraken is the leading exchange in Spain as it can be used in Spanish and is trusted by over 10 million users globally. The platform supports 320+ cryptocurrencies for spot and margin trading and offers over 100 futures contracts with leverage of up to 5x.
It provides advanced security features, such as cold storage, regular proof-of-reserve audits, and two-factor authentication. It also provides institutional-grade tools like an OTC desk for large trades, crypto custody solutions, and professional trading APIs.
Additional features include staking over 25 cryptocurrencies with rewards up to 18% APY and access to an integrated NFT marketplace. Kraken complies with EU crypto regulations and offers multiple options for depositing Euros securely.
- Fees: Maker fees start at 0.16%, and taker fees at 0.26%.
- Supported Assets: Over 320 cryptocurrencies and 100+ futures contracts.
- Regulation & Licensing: Registered as a Virtual Asset Service Provider (VASP) with the Banco de España (Registration No. D892).
- EUR Deposit Methods: SEPA transfers, credit/debit cards, Google Pay, Apple Pay, and bank wires.
2. Uphold
Uphold is a top exchange in Spain, offering access to over 250 digital currencies plus 30 other assets. It facilitates seamless trading between various asset classes, such as cryptocurrencies, fiat currencies, and precious metals, all within a single platform.
Investors can benefit from the multilingual interface, which can be used in English and Spanish. The platform supports bank connectivity in 36 countries, enabling easy deposits and withdrawals in Euros via SEPA transfers, as well as payments through debit/credit cards.
Additionally, Uphold offers features like automated recurring transactions, allowing users to set up regular purchases of cryptocurrencies, and provides staking services with up to 30% APY. It also regularly undergoes external audits of its reserve holdings to show all assets are backed 1:1.
- Fees: Spreads range from 0.8% to 1.2%, depending on your asset.
- Supported Assets: 250+ digital assets, 4 precious metals, and 27 fiat currencies.
- Regulation & Licensing: Uphold adheres to Spanish regulations and is registered with the Bank of Lithuania.
- EUR Deposit Methods: Bank transfers, SEPA, Google Pay, Apple Pay, credit cards, and debit cards.
3. eToro
eToro is a multi-asset investment platform in Spain, enabling users to trade over 7,000 cryptocurrencies, commodities and more from a single account. Trusted by over 30 million users, it is popular for its intuitive interface, social trading features, and extensive asset selection.
For Spanish investors, the copy trading feature is a standout, allowing users to replicate the strategies of experienced traders automatically. The platform also provides a demo trading account for beginners to practice their skills before investing real money.
The commitment of eToro to regulatory compliance sets a high standard. It is a virtual asset service provider (VASP) by the Bank of Spain. It can also be used in Spanish and 20 other languages and accepts Euro deposits through local payment methods.
- Fees: eToro operates on a variable spread fee structure, typically around 1%.
- Supported Assets: Over 6,000 assets, including 80 cryptocurrencies.
- Regulation & Licensing: eToro (Europe) Digital Assets Ltd is registered with the Bank of Spain.
- EUR Deposit Methods: Bank transfers, debit cards, credit cards, PayPal and SEPA.
4. Bit2Me
Bit2Me is Spain’s leading cryptocurrency exchange based in Alicante, trusted by over 1 million users for its locally focused services. It supports over 330 cryptocurrencies for spot trading but does not provide access to derivatives markets. Bit2Me is fully regulated under Spanish and EU laws.
For advanced traders, Bit2Me Pro delivers a high-frequency trading environment equipped with professional tools, multiple chart types, and various order options such as limit, market, and stop-limit orders. This platform ensures efficient trade execution with deep liquidity and minimal slippage.
Additional features include a prepaid crypto card, a wallet app, and crypto staking to earn rewards up to 5% in yields. It is one of the few exchanges that support transactions directly through Bizum, a popular payment method in Spain.
- Fees: Trading fees start at 0.95%.
- Supported Assets: Over 330 cryptocurrencies.
- Regulation & Licensing: Registered with the Bank of Spain under number D592.
- EUR Deposit Methods: SEPA transfers, Bizum, credit/debit cards, and bank wires.
5. Bitpanda
Bitpanda is a reputable European investment platform that provides Spanish users with access to a diverse range of tradeable assets. The platform supports investments in cryptocurrencies, stocks, ETFs, indices and precious metals through a single interface.
Headquartered in Vienna, Austria, it has been making waves since 2014 by offering a wide range of investment options. With over 5 million users and a robust selection of 3,000+ digital assets, it allows users to buy, sell, and swap assets with ease.
One of its best features is the ability to start investing from as little as €1. It has advanced tools like savings plans to automate regular investments and the Bitpanda Visa card, allowing users to spend crypto. Additionally, the Bitpanda Crypto Index enables investment in a diversified portfolio of cryptocurrencies.
- Fees: Trading fees are set at 0.2%.
- Supported Assets: 3,000 cryptocurrencies, stocks, ETFs, fiat currencies, indices, and precious metals.
- Regulation & Licensing: Registered as a virtual currency exchange and digital asset custody service provider with the Bank of Spain.
- EUR Deposit Methods: Bank transfers, SEPA, debit card, and credit card.
Is Crypto Regulated in Spain?
Cryptocurrency activities in Spain are subject to a comprehensive regulatory framework. The primary regulatory bodies overseeing these activities are the Bank of Spain and the National Securities Market Commission (CNMV).
The European Union's Markets in Crypto-Assets Regulation (MiCA) aims to establish harmonized regulations for crypto-assets across EU member states. MiCA entered into force on December 30, 2024, introducing requirements for crypto-asset service providers (CASPs) to obtain authorization to operate within the EU.
Spain has opted for a transitional period of 12 months, allowing existing CASPs to continue operations while they seek approval from the CNMV by December 30, 2025.
How is Crypto Taxed in Spain?
In Spain, cryptocurrency is subject to taxation under the country’s general tax framework, and specific rules apply depending on the type of transaction or holding. The Spanish Tax Agency (Agencia Tributaria) has issued clear guidance on taxing crypto-assets.
Profits generated from the sale or exchange of cryptocurrencies are treated as capital gains and must be declared in the annual income tax return (IRPF). The tax rates for capital gains in Spain are progressive and range as follows:
- 19% for gains up to €6,000
- 21% for gains between €6,001 and €50,000
- 23% for gains between €50,001 and €200,000
- 27% for gains exceeding €200,000
Spain also imposes a wealth tax on individuals whose net assets exceed the exemption threshold, which varies depending on the region. Generally, the exemption is €700,000, with an additional €300,000 exemption for the primary residence. Tax rates for wealth tax range from 0.2% to 3.5%.
Cryptocurrency Adoption in Spain
Cryptocurrency adoption in Spain is experiencing substantial growth, with 14.96 million users projected by mid-2025, representing a penetration rate of 31.55% of the population. This marks a significant increase as more individuals and businesses embrace digital currencies.
In 2025, the cryptocurrency market in Spain is expected to generate revenue of $987 million. The adoption momentum is driven by factors such as the rising acceptance of cryptocurrencies for everyday transactions and the integration of blockchain technologies by businesses.
Platforms like Uphold, Bit2Me, Kraken and Binance are popular among Spanish users, providing regulated options to buy, sell, and store digital assets.
How to Buy Bitcoin in Spain
For Spanish investors, purchasing Bitcoin is a straightforward process that begins with selecting a regulated crypto exchange authorised by the Banco de España. Follow this step-by-step guide to get started:
- Create an Account: Choose an exchange, such as Bit2Me, Binance, or Coinbase. Sign up by providing your basic details, including your name and email address. Complete the verification process by submitting a government-issued ID, such as a DNI or passport.
- Deposit Euros: Head to the deposit section on the platform and choose a payment method. Enter the amount of euros you wish to invest and complete the transaction.
- Find Bitcoin: Use the search function on the trading page to locate Bitcoin (BTC). Select the BTC/EUR trading pair to proceed.
- Execute the Trade: Enter the amount of Bitcoin you'd like to purchase. Review the transaction details carefully and confirm the trade to finalize your purchase.
After buying Bitcoin, consider transferring it to a secure wallet for added protection. Hardware wallets or other non-custodial solutions provide enhanced security compared to leaving your assets on the exchange.
Bottom Line
Spain is a key player in the European crypto market, supported by a regulatory framework enforced by the Bank of Spain and the National Securities Market Commission (CNMV).
Top exchanges like Bit2Me, Kraken, Uphold, Binance, and eToro offer Spanish users reliable platforms for investing in digital assets. With growing adoption and innovative services, Spain’s crypto market continues to attract both retail and institutional investors.