The Top 5 Cryptocurrency Exchanges In Ireland In 2022

The Top 5 Cryptocurrency Exchanges In Ireland In 2022

Cryptocurrency
September 19, 2022 by Diana Ambolis
907
The features, costs, and asset availability of even the most acceptable Irish cryptocurrency exchanges differ. This implies that everyone can find a suitable business. To try and forecast the market, some traders, for instance, search for tools like complex charts and technical indicators. Others might like a straightforward website with passive trading tools to reduce
The Top 5 Cryptocurrency Exchanges In Ireland In 2022

The features, costs, and asset availability of even the most acceptable Irish cryptocurrency exchanges differ. This implies that everyone can find a suitable business. To try and forecast the market, some traders, for instance, search for tools like complex charts and technical indicators. Others might like a straightforward website with passive trading tools to reduce the learning curve.

The best cryptocurrency exchanges in Ireland in 2022 are below so you can choose wisely where to invest.

1. eToro logo is the top cryptocurrency exchange in Ireland as of 2022.

Since its establishment in 2007, eToro has provided services to 25 million customers in 140 countries, including Ireland. CySEC oversees eToro Europe’s safety regulations. Additionally, the SEC, FCA, and ASIC all regulate eToro. Because of EU passporting regulations, the crypto platform is accessible throughout the single market.

Although the site frequently adds new assets, there are currently 64 cryptocurrencies available for trading. You may buy Bitcoin in Ireland with many other well-known and brand-new cryptocurrencies. The broker’s cost structure is a crucial perk that elevates this cryptocurrency exchange to the top spot in Ireland. The commission fee structure is as straightforward and open as they come.

This is one of the largest cryptocurrency exchanges available for individuals on a tight budget. A single flat fee of 1% of the position size will be applied when you purchase and sell cryptocurrencies. After opening a trading account, you can deposit as little as $50 (about €47) into it. EToro accepts a variety of payment options for funding your account. Wire transfers, debit/credit cards, Skrill, Neteller, and PayPal, are all accepted as deposit methods. It should be noted that the minimum deposit amount at eToro Europe is $500 if you decide to use a wire transfer. The fee for non-USD deposits is 0.5% per transaction. This is because the currency that eToro uses, the US dollar, was converted from euros.

One of the top social trading platforms is eToro. This is reasonable and only represents €0.50 of every €100 deposited. There are several alternatives at eToro if you choose to diversify your assets. This includes incorporating additional investments into your portfolios, such as commission-free equities and exchange-traded funds (ETFs). For instance, you can browse the platform’s wide selection of intelligent portfolios before choosing one to invest in. A well-balanced and carefully ready-made basket selected of cryptocurrencies is present in every smart portfolio. By investing $500 or more, you can add a smart portfolio to your account.

Copy trading is an alternative. Any cryptocurrency they acquire or sell after you invest in copy trading will show up in your portfolio. Similarly, you can choose the one you like and then spend money to add it to your portfolio. In this instance, your investment is in a seasoned trader personally. Additionally, this Irish cryptocurrency exchange provides a free paper trading account to assist any beginners who want to perfect their abilities. The amount you devote to copy trading will determine the stake size you see in your account, and the minimum investment is a mere $200. You can also use a free mobile phone app to trade while on the go.

The number of cryptocurrencies: 70+

0.50% Debit Card Fee, 

1% Fee for Buying Bitcoin

The minimum Deposit is $50

What We Like: 

Numerous crypto assets available for trading; $50 minimum deposit

Governed by several top-tier organizations

Accepts payments with PayPal and credit/debit cards

A simple cryptocurrency trading software

Smart portfolios and cryptocurrency copy trading are supported.

Extremely affordable and open fees

  1. Crypto.com – Great Interest-Giving Cryptocurrency Exchange Platform

The finest Bitcoin exchange in Ireland for people looking to make money off unused tokens is Crypto.com. By lending your digital assets to others with Crypto Earn, you can earn up to 14.5% of the total value of tokens like Polkadot annually. Additionally, this site provides Irish cryptocurrency traders with a Visa card. With the Crypto.com Visa card, you can purchase from companies like Airbnb, Netflix, Spotify, and others and get cashback. Staking the platform’s token, CRO (Cronos), will also allow you to benefit from high-interest yields and reduced costs.

Depending on the card you select and qualify for, you can earn up to 8%. When you trade crypto assets at this exchange, the commission is assessed. Each transaction carries a fee of up to 0.40%; however, this fee will be reduced for qualified high-volume traders. You can use the exchange’s custodial wallet to store your digital tokens. Download the DeFi wallet provided if you wish complete control over your cryptocurrency assets. By doing this, you can avoid maintaining the private keys required to access cryptocurrency storage. You will be responsible for safeguarding your private keys in this situation.

This cryptocurrency exchange offers a safe, user-friendly mobile app and an NFT marketplace. You can fill your account by setting up a wire transfer if you feel this is the best bitcoin exchange in Ireland for your goals. Alternatively, you can pay instantly with a debit card for a 2.99% cost.

Debit Card Fee 2.99% 

Fee to Buy Bitcoin Up to 0.40% 

Commission Number of Cryptocurrencies 250+

Minimum Deposit of $20

What We Like: 

Support for over 250 crypto coins

Accepts debit/credit cards, wire transfers, and

Excellent reputation Provides lending services and cryptocurrency interest accounts

Comparable prices

One of the best cryptocurrency credit cards available

  1. Capital.com – Best Leveraged Crypto Trading Platform

One of the most incredible places to trade cryptocurrency with cheap costs is Capital.com, a CFD platform, enables you to predict the price of crypto tokens in either direction. This allows you to attempt to make money off tokens whose value you anticipate declining. The fact that the CFD instrument tracks the price of the relevant token is a crucial aspect of trading cryptocurrencies via CFDs. You can short a token if you believe it will decline by placing a sell order and then a buy order to get your money back. You can submit a buy order and a sell order when you’re ready to make a withdrawal if you believe the cryptocurrency asset will increase, on the other hand.

Additionally, if you use a CFD platform, you can leverage your trades. After all, using a larger quantity than you would typically have access to trade such a speculative item is dangerous. To that end, if you have never traded using leverage before, do your homework first. At Capital.com, you can trade over 470 different digital asset pairs without paying any commission costs. As a result, you will only be obliged to pay the spread, the difference between the price at which the market will purchase the token and its selling price. At Capital.com, we discovered this to be competitive.

The free mobile app from Capital.com allows you to trade crypto tokens while on the go. If you choose to use an e-wallet or a debit/credit card to fund your account so you can trade cryptocurrencies, you must add a minimum of $20. You must deposit $250 or more to your account to use a wire transfer to make a deposit.

470+ markets for cryptocurrencies

Card Fee for Debit No fee

Bitcoin Trading Fee Commission-Free

Minimum Deposits for debit/credit cards, e-wallets, and bank transfers are $20 and $250, respectively.

What we enjoy

On all supported marketplaces, there is no commission.

Leveraged cryptocurrency trading

With a $20 minimum deposit and a debit/credit card or e-wallet, you can trade long or short.

Great iOS and Android mobile application

  1. Binance – Trading Crypto Exchange with Low Commissions

When choosing the top cryptocurrency exchange in Ireland, Binance is another option worth considering. BNB is the name of this platform’s native token. More than 600 cryptocurrencies are available on Binance, which levies commission fees up to 0.1%. In addition to using this cryptocurrency to pay fees, purchasing it will also earn you a fantastic rate. To clarify, Binance provides a 25% reduction on all costs incurred while utilizing BNB tokens. The Binance Visa card is also available to traders in Ireland. As a result, you can get up to 8% BNB cash back on every qualifying transaction.

Additionally, there are no enrollment or yearly fees for the Binance Visa card. But beware of third-party costs; see the platform for further information. When it comes time to locate your account, choosing a wire transfer will save you money. You can also use a credit or debit card to deposit money; however, doing so will cost you 1.8% of the transaction total. You can find chart-drawing tools and indications on this platform if you intend to conduct technical analysis.

You can use the Binance web wallet for storage, which provides security measures like IP address whitelisting and two-factor authentication (2FA). Alternatively, you could select the Trust Wallet app for DeFi storage. In this scenario, you will be responsible for maintaining your private key and protecting your investments. This is independent of the platform itself, despite having Binance as a backer.

600+ Cryptos are present.

Depending on the payment processor, debit card fees

Bitcoin trading commission fee: usual 0.1%

The minimum Deposit varies based on the form of payment.

What we enjoy

A minimal standard commission of 0.10%

a vast array of cryptocurrency markets

provides NFTs and staking

No costs for account management

a simple method for starting an account

  1. Coinbase – The Best Crypto Trading Platform for Novices

One of the top bitcoin exchanges in Ireland for beginners is Coinbase. The platform is really easy to use, and creating an account is not too difficult. The decision to trade bitcoins at Coinbase has both benefits and drawbacks. The platform is accessible in Ireland and more than a hundred other nations. Additionally, about 89 million individuals utilize it. Here, you can use various methods to purchase, sell, and convert cryptographic assets. You might use your preferred credit or debit card, but remember that significant fees are associated with this.

In particular, Coinbase tacks a steep 3.99% fee on top of every credit and debit card deposit. A typical commission price of 1.49% is also charged by Binance, which is excessive compared to services like eToro, Crypto.com, and Capital.com. You can avoid paying this cost by using a SEPA transfer to fund your account. However, if you choose to open an account at Coinbase, you can get going by making a $50 or higher deposit. If you prefer to manage your private key, you can utilize the Coinbase wallet to keep your digital currency purchases. Choose the Coinbase web wallet instead. 98% of your assets are currently kept safely in cold storage.

At Coinbase, you may get access to the sophisticated tools required for technical analysis if you want to keep tabs on the state of the markets. Various technical indicators and intricate price charts are part of this.

You can even get the free mobile app if you want to access cryptocurrencies on the go. Additionally, beginners might participate in Coinbase’s Earn and Learn program. There are several different instructional videos and tests. You will earn free cryptocurrency as you finish quizzes and other tasks.

Numerous cryptos are 100+.

3.99% debit card fee

Bitcoin purchase fee: 1.49% standard commission

The Exchange advises a $50 minimum deposit.

What we enjoy

Best cryptocurrency exchange for newcomers

good range of accepted coins

accepts payments with debit and credit cards

Also Read: THE BEST CRYPTO EXCHANGES IN THE USA

  1. Kraken – The Best Exchange for Margin Account Access

One of the top cryptocurrency exchanges in Ireland for customers seeking a margin account is Kraken. With up to 5x leverage, you can increase the size of your cryptocurrency transactions. Futures allow you to go long or short on your preferred asset. You might spend just €200 and purchase €1,000 worth of bitcoins through margin trading. The commission cost ranges from 0% to 0.26%, and how frequently you trade will determine how much you pay. Apply leverage carefully, as we indicated previously.

At Kraken, you may trade more than 65 different digital currencies and take advantage of various trading tools. This includes the Kraken Terminal, a charting and trading interface featuring a variety of order books, live pricing feeds, and customizable charts. Naturally, commission rates for high-volume traders will be cheaper. You must fund an account after creating one. SEPA deposits are free, but wire transfers cost €10 per transfer. If you use your debit card to purchase bitcoins, you will be charged a hefty cost of 3.75% + €0.25. The minimum transaction value is €10, and an additional cost called the Instant Buy fee of 1.5% should be considered.

As a result, this exchange does not offer the lowest fees in Ireland. Nevertheless, you can think about downloading Kraken’s app if you decide to trade cryptocurrency there. This allows for mobile purchasing, selling, and storage of crypto assets.

Total Cryptos 65+

The 3.75% debit card fee

Purchase Fee of up to 0.26%

No minimum deposit is required.

What We Enjoy:

Launched in 2013; supports more than 65 crypto assets

Margin trading platforms

Conclusion

This concludes our overview of the top cryptocurrency exchanges in Ireland. You will have a smooth experience placing orders to acquire cryptocurrency using the best platforms.

In addition, you should anticipate a broad range of supported markets, practical features, and affordable prices. We found that the top cryptocurrency exchange in Ireland overall is eToro. The eToro platform is ideal for beginners and provides a variety of payment ways. You can choose from more than 70 cryptocurrencies at this exchange, making it simple to build a varied portfolio. The commission for exchanging digital currencies on this site is a negligible 1%.