Buy Crypto & Bitcoin in Spain
eToro
eToro
eToro is a trading platform and crypto exchange. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins.
Deposits can be made quickly via bank transfer, SEPA, NETELLER, PayPal and more. It also offers unique features like copy trading.
- Offers unique copy trading feature
- Trusted exchange that has been active in traditional finance
- Interface is clean and easy to use
- You cannot deposit cryptocurrency, but you can deposit with other payment methods
Bitpanda
Bitpanda
Bitpanda is a Bitcoin broker based in Europe.
They have high payment limits and low fees across their wide range of payment methods.
Bitpanda offers customers the option to buy bitcoins with credit card, debit card, SOFORT, Skrill, NETELLER, giropay, eps, SEPA, and Online Bank Transfer.
Recently added margin trading and combined order book, for a more efficient trading experience.
- Some of the lowest fees for buying bitcoins with credit/debit card
- Reliable and trusted broker
- Fees aren't shown openly on the site but instead included in the buying price
Kraken
Kraken
Founded mid-2011, Kraken is the one of the USA's largest exchanges.
Deposits can be made via debit card, bank wire, and ACH. Users can buy bitcoin, ethereum, dogecoin and dozens of other coins.
- Very low 0.25% taker fee, falling to 0.1% with sufficient trading volume
- Very low maker fee, falling to 0% with sufficient trading volume
- Highly-rated for security and data protection
- Requires ID verification, so not private
Coinbase
Coinbase
Coinbase is the world's largest Bitcoin (BTC) broker. They represent an easy and fast way for new users to purchase bitcoins. Coinbase supports customers in over 30 countries, including the United States, Europe, UK, Singapore, and Canada.
Customers in the above-mentioned countries can purchase bitcoins by debit card, bank transfer, SEPA transfer, and more.
Get $5 in free bitcoin after you sign up on Coinbase and make your first trade.
- Trusted exchange with 100 million+ users
- Based in the USA; with a free wallet included
- App available on Apple App Store & Play Store
- Easy to use but fees can be high
- Coinbase may track how and where you spend your bitcoins
Coinbase Advanced
Coinbase Advanced
Coinbase Advanced Trader is one of the largest Bitcoin exchanges in the world.
Users can acquire crypto for much lower fees than the normal Coinbase exchange.
- Some of the lowest fees available for US and EU customers
- Possible to buy bitcoins for 0% fees
- The user interface is confusing for first-time buyers
Bity
Bity
Bity is a Bitcoin exchange and ATM operator, based in Switzerland. Their 5 ATMs allow for a quick first purchase and only require phone verification for an initial buy limit of 1,000 EUR or CHF. Their online service accepts wire transfers, SOFORT and online bank transfers.
- Easy to start buying bitcoins after mobile phone verification
- Payment limit of up to €100,000 annually after intensive verification
- ID verification is required for most purchases, so not a private way to buy
- Low annual limit of only €4,000 without intensive verification
Bitcoin ATMs
Bitcoin ATMs
You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%.
View Bitcoin ATM Map- Our map makes it super easy to find a Bitcoin ATM near you
- Bitcoin ATMs often have 5-10% fees per purchase
Bitfinex
Bitfinex
Hong Kong-based Bitfinex has long been one of the largest USD Bitcoin exchanges in the world. Bitfinex accounts may be funded by bank wire only, their fee on accepting such transfers is low at only 0.1%.
In August 2016, however, it was hacked and lost around 30% of its users funds. While Bitfinex can be helpful for buying large amounts of bitcoins, it is probably best to not use the exchange until it fully compensates affected users.
- Very low fees even for low volume buyers; 0.1% for market makers and 0.2% for market takers
- One of the best ways to buy large amounts of bitcoins
- Allows lending of fiat or bitcoin to margin traders at interest (but this is risky in light of the hack)
- Very deep liquidity promotes a price close to fair market rate
- Supports several altcoins
- Was recently hacked and has yet to fully compensate all users for their loss
- Geared towards traders; possibly quite confusing for first time buyers
- Single payment option
Bitstamp
Bitstamp
Bitstamp is one of the world's largest and most well-known Bitcoin & crypto exchanges. Deposits can be made through bank transfer, SEPA transfer, international bank wire, and now even credit cards.
- One of the longest-running Bitcoin exchanges
- Very low 0.25% fee, falling to 0.1% with sufficient trading volume
- Offers wide range of altcoins
- High 8% fee on small credit card purchases, falling to 5% with sufficient trading volume
Kriptomat
Kriptomat
Kriptomat is a Bitcoin & crypto exchange based in Europe. It offers quick verification and the ability to buy bitcoin, ether, litecoin and other coins. Buyers can get coins using a credit card, debit card, SEPA, Skrill, Sofort and other payment methods.
Visit Kriptomat's Website- Available in 23 languages
- Quick verification process
- Limited payment methods
- Only supports EU countries
Airtm
Airtm
Airtm offers a peer community. You can buy and sell dollars or crypto in exchange for other forms of value. The platform provides trust and transparency by authenticating users and establishing a higher degree of identity validation to the peers who facilitate the transactions. Airtm provides an escrow system, so that value exchanges are fair and are completed as agreed.
Visit Airtm's Website- Many payment methods available
- Low fees for South American countries
- Not private since identity verification is required
Bitex
Bitex
Bitex.la is a Bitcoin exchange and broker which services many South American countries, including Brazil, Mexico, Argentina, Chile, Peru and Uruguay. You can fund your exchange account with cash or AstroPay.
Visit Bitex's Website- Many payment methods available
- Low fees for South American countries
- Bitex brokers the sale of large amounts of bitcoin
- Not private since identity verification is required
Bitcoin & Cryptocurrency Trading in Spain
Spain is a European Union member and part of the Eurozone, meaning it shares its currency, the Euro, with other member states, such as Italy, Germany, as well as others.
It is a highly developed country with mature financial markets and regulations, meaning that Bitcoin is regularly bought and sold by its citizens and investments are relatively protected by contracts with the exchanges as overseen by the country's governing body.(1)
The Comision Nacional Del Mercado De Valores (CNMV) study in June 2022 showed that 6.8% of the population of Spain have invested in crypto.(2)
One of the easiest ways to buy Bitcoin in Spain is through cryptocurrency exchanges. While there are no exchanges on our list based in Spain specifically, there are still many reputable EU-based exchanges as well as international ones offering Bitcoin in Spain. This allows you to select one based on your requirements and preferences using list outlined above. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before users select one.
Additionally, Bitcoin buyers need to keep in mind that certain exchanges might require you to get a wallet of your own before being able to buy the digital currency. Even if there is no requirement, it is recommended to have a wallet of your own for security reasons (preferably a hardware wallet).
Another way to buy Bitcoins in Spain is through automated teller machines (ATMs). These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private.
Exchange Hacks and Crypto Scams in Spain
2gether Exchange Hack
In August of 2020, Spanish cryptocurrency exchange 2gether's CEO Ramon Ferraz Estrada announced via Twitter that the exchange had been hacked for $1.4 million worth of cryptocurrency.(3)
The executives of the company then claimed they did not have the money to pay users back and that customers were simply out of luck.
"In the two days following the attack, we've been working on finding the funds needed to cover all positions....and until a few minutes ago, we've been working with an investment group with which we sadly haven't been able to reach an agreement,"
FAQ
Does Coinbase work in Spain?
Where Can I Find a Bitcoin ATM in Spain?
What is the price of Bitcoin in Spain?
BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. We also use trusted research and studies from other well-known sources. You can learn more about our editorial guidelines.
- Wikipedia - Spain, https://en.wikipedia.org/wiki/Spain
- Yahoo - Almost 7% of People in Spain Have Invested in Crypto, Regulator Says, https://www.yahoo.com/video/almost-7-spanish-invested-crypto-095635722.html
- 2gether.com - Letter from the 2gether CEO: Dear Founders and Users, https://preview.mailerlite.com/t5l4g3