Top 5 Crypto Exchanges in Europe

Top Cryptocurrency Exchanges in Europe: Features, Fees, and Use Cases

Choosing a cryptocurrency exchange in Europe can be challenging due to the wide range of platforms available. Each exchange offers different tools, fee structures, and user experiences, which can be confusing, especially for newcomers.

Below is an overview of five widely used crypto exchanges available to European users, highlighting their core features, fees, and strengths.

Bybit

Bybit is a crypto trading platform founded in 2018, known for its strong focus on derivatives trading. The exchange reports high daily trading volumes, indicating deep liquidity across major markets.

Bybit supports a wide range of digital assets, including cryptocurrencies and NFTs. Users can access spot trading, futures, and options, with leverage available on selected products. Risk management tools, such as dynamic leverage adjustment, are designed to help users manage exposure.

Fiat options: SEPA transfers, bank payments, and selected digital payment methods.

Fees:

• Futures: maker ~0.02%, taker ~0.055%

• Spot trading: ~0.1%

Pros: high liquidity, advanced trading tools, bonus programs
Cons: interface and products may feel complex for beginners

Kraken

Kraken is a long-established crypto exchange, operating since 2011. It offers access to over 200 cryptocurrencies, including major and emerging assets.

The platform supports multiple service levels tailored to beginners, experienced traders, and professionals. Available products include spot trading, margin trading, and futures, along with staking and lending features.

Fiat options: SEPA, SWIFT, and bank transfers.

Fees: range from 0% to ~0.26% depending on volume and product.

Pros: broad asset selection, low spreads, tools for different experience levels
Cons: account verification can be time-consuming, limited support for very new tokens

Coinbase

Coinbase is a globally recognized exchange offering a user-friendly interface and a broad selection of crypto assets, including NFTs.

The platform provides tools for buying, selling, storing, and transferring cryptocurrencies, as well as advanced trading features such as real-time charts, order types, margin trading, and automated strategies.

Fiat options: SEPA, card payments, PayPal, and selected digital wallets.

Fees:

• Maker: ~0.40%

• Taker: ~0.60%

Pros: intuitive mobile app, educational rewards
Cons: limited settlement options for certain derivatives

Binance

Binance is one of the largest crypto exchanges globally, offering a wide range of products and services.

Supported features include spot trading, futures, margin trading, lending, copy trading, and automated investment strategies. Binance also provides access to decentralized exchange functionality through its ecosystem.

Fiat options: SEPA, card transfers, peer-to-peer payments.

Fees:

• Makers: ~0.009%–0.10%

• Takers: ~0.018%–0.10%

Pros: extensive feature set, high liquidity
Cons: complex interface for beginners

eToro

eToro is a multi-asset trading platform that allows users to trade cryptocurrencies alongside stocks, ETFs, and commodities from a single account.

One of its standout features is copy trading, which enables users to automatically replicate the trades of other investors. The platform also offers a demo account for practice.

Fiat options: SEPA, PayPal, card payments, and e-wallets.

Fees:

• Cryptocurrency trading: ~1%

Pros: wide asset selection, demo mode, social trading features
Cons: spreads can be high, inactivity fees apply

Final Thoughts

Each exchange serves a different type of user. Some platforms are designed for active traders seeking advanced tools, while others focus on simplicity and accessibility.

When choosing a crypto exchange, consider:

• your experience level

• the assets you plan to trade

• fee sensitivity

• available fiat payment options

Understanding these factors will help you select a platform that aligns with your goals and trading style.