This article will guide you in choosing the best crypto exchange for you in Denmark. A cryptocurrency exchange is an exchange or a platform that allows users to buy/sell digital assets and cryptos such as bitcoin, Ethereum, and others. Some crypto exchanges support the buying, selling, and trading of NFTs.
KEY TAKEAWAYS
- You will learn what a crypto exchange is
- List of the 7 best crypto exchanges in Denmark, their features, cost, supported currencies, etc.
- Answers to some frequently asked questions on crypto exchanges in Denmark.
7 Best Crypto Exchanges In Denmark
Choosing the best crypto exchange in Denmark might prove difficult for you, given all the options and features each exchange offers. The crypto exchange people choose matters.
Their choice will impact how profitable their trades will be, how effectively they can buy and sell coins, and whether they can use them in Denmark.
Below is a list of the 7 best crypto exchanges in Denmark you check out
#1. eToro
The eToro platform is one of the largest crypto trading platforms globally. In 2010, the exchange released its innovative CopyTrader feature, which enables traders to copy the positions of successful traders automatically.
Since then, the platform has expanded and is now available globally, with more than 25 million users in 150+ countries. The exchange’s primary offering is its cryptocurrency exchange, but it also provides services as a brokerage and forex platform.
The platform offers 17 cryptos, including some of the largest crypto like Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. The platform trading fees start at 1 percent (%) per trade, and fees are always shown when people open or close a position.
Best For
The exchange is best for traders looking to invest in crypto, forex, or equities who want access to crypto-to-crypto-conversion.
Features
- Supports over 15 cryptocurrencies
- Free digital wallet for crypto
- CopyTrader, automatically copies a successful trader’s positions
- Forex and equity trading
- Crypto-to-crypto conversion
- Highly rated mobile application
- Free Demo account with $100,000
Cost
- Spreads start From 0.75% to 5.00%
- Account Opening is $10
- Trading Fees start From 0.75% to 2.90%
- CopyTrader: Max $500,000, Min. investment $200
#2. CoinSmart
The CoinSmart exchange offers very low trading fees: just 0.2 percent (%). It supports 16 cryptos, verifies accounts instantly, prides itself on its helpful customer support, and has a well-rated app.
The exchange is regulated by many Canadian financial authorities, which keeps people’s money safe and secure. The exchange is also a publicly-traded company on Toronto’s NEO stock exchange, which means they are subject to 3rd-party financial and security audits at least once per year.
Best For
The exchange is best for Investors looking to trade altcoins or stablecoins with the industry’s lowest fees.
Features
- Instant verification of account
- Supports 16 cryptos
- Immediate withdrawals and deposits
- User-friendly for beginners and advanced traders
- The platform offers extremely low trading fees (just 0.20% for each trade)
- 24/7 customer service available via live chat, phone, or email
- 95% cold storage policy keeps crypto extra secure
Cost
- Account Opening is Free
- Trading Fees start from 0.20%
#3. Pepperstone
The Pepperstone exchange is an Australian brokerage and CFD trading platform regulated by the ASIC (Australian Securities and Investments Commission), the FCA in the UK, and the DFSA in the United Arab Emirates.
With the exchange’s direct access to CFDs on indices and cryptos, forex, ETFs, and stocks, the platform is an all-in-one investing platform used by cryptocurrency traders worldwide.
The exchange doesn’t charge any withdrawal or deposit fees and spreads range from just 0.0 pips to 1.2 pips depending on the underlying cryptocurrency asset.
The platform app is rated 4.0/5 on iOS and 4.3/5 on Android, with customer service available 24/7 via email or phone to answer all questions.
Best For
The platform is best for experienced investors looking for access to charting tools.
Features
- Up to 10x leverage on most crypto assets depending on the jurisdiction
- The exchange offers Access to TradingView’s advanced charting tools
- Offers Zero trading commissions
- Tight spreads (around 0.0 pips – 1.2 pips)
- 24/7 customer service via email and phone
- Supports over 20 crypto CFDs
- Free withdrawals and deposits
Cost
- Spread start From 0.0 pips– 1.2 pips
- Trading Fees are Low
- Deposit Fees are Free
- Withdrawal Fees are Free
#4. Crypto.com
The Crypto.com exchange is a major global player that brings a proven exchange to experienced cryptocurrency investors. The exchange supports cryptos, making it ideal for investors looking to invest in undiscovered altcoins before the masses.
The platform offers some special features that no other crypto exchange can match. Traders can trade futures and options contracts, earn interest by staking coins, and make trades with up to 10x leverage when they feel confident in a currency.
The exchange has invested enormous money into its security, which makes trading with them safe. The platform is lightning quick, which gives day traders an upper hand over the market.
Overall, the platform is a solid exchange for investors and traders looking to cash in on brand-new altcoins.
Best For
The exchange is best for traders looking to buy altcoins and other new cryptocurrency assets before they go mainstream.
Features
- The exchange allows up to 10x leverage
- Trade cryptocurrency derivatives (futures and options contracts)
- Purchase newly-listed coins at up to 50 percent (%) off
- Free deposits from all cryptos
- Average trading fees (0.4 percent (%) )
- Supports over 100 cryptocurrencies
- Earn daily interest by staking coins
Cost
• Account Opening is Free
• Trading Fees are 0.4%
#5. Bybit
The Bybit platform is a cryptocurrency exchange with a wide range of trading tools. It is among the few exchanges that offer access to cryptocurrency derivatives, such as futures. The platform trading fees start at 0.1 percent, and withdrawal fees vary depending on the currency.
The exchange supports 15 of the largest cryptos, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin, stores 100% of funds in cold storage, and reviews withdrawal requests to prevent unauthorized transactions.
New users of this exchange will receive a $40 bonus after funding their
account. People can also have the option to place up to 100x leverage on their crypto trades.
Best For
The exchange is best for Knowledgeable traders looking for crypto trading, top-level security, and derivatives.
Features
- Demo account and test-net environment
- Educational resources
- 24/7 multilingual customer service available
- Offers Advanced trading options
- Supports 15 cryptos
- 100x leverage on cryptocurrency
- Access to data and charts
- Instant verification of account
Cost
- Derivatives Fees start From 0.01% to 0.06%
- Account Opening is Free
- Maker’s Rebate is 0.025%
- Taker’s Fees are 0.075%
- Trading Fees start From 0.1% to 1.0%
- Withdrawal Fees largely depend on the currency
#6. Bitpanda
The BitPanda platform is one of Europe’s most popular crypto exchanges for selling and buying digital currencies.
The platform is popular among many traders since it features an easy-to-use and user-friendly design for purchasing and trading cryptocurrencies. The exchange has various payment choices that novice crypto users can use to acquire BTC, ETH, and many other crypto coins.
Best for
The exchange is best for new traders that are new to crypto trading.
Features
- Wide array of withdrawal and payment methods
- Easy-to-use and intuitive platform
- Offers a Wide array of crypto assets supported (over 25)
- Fast customer service available 24/7
Cost
- Trading fees are 5% per trade
#7. Capital
The Capital exchange allows users to trade cryptocurrency alongside stocks, forex, commodities, market indices, ETFs, and more without paying trading fees. The exchange supports over 100 cryptocurrencies, and people can trade with 2x leverage on cryptocurrency.
The exchange charges a tight spread ranging from 0.1– 0.3 percent (%), making the platform’s cost very low. Capital has a fully functional desktop platform, a well-rated mobile application, and an excellent demo account where people can practice trading with real assets in real time.
The Capital exchange is licensed by the ASIC (Australian Securities and Investments Commission) and the FCA (Financial Conduct Authority) in the UK, which means the exchange is a safe, secure platform.
Every user of this platform receives a dedicated account manager they can reach by phone or phone anytime, which is part of why the customer support team receives many positive reviews.
Withdrawals and deposits are always free, and people will never pay trading commissions regardless of whether they place spot or limit orders.
Best For
The platform is best for Investors looking for the best crypto trading experience with no trading commissions.
Features
- Allows up to 500x leverage
- Fully functional demo account for paper trading
- Good desktop trading platform
- Well-rated mobile app
- Licensed by the ASIC (Australian Securities and Investments Commission)
- The platform offers zero trading commissions
- Tight spreads
- Supports cryptocurrencies
- Free withdrawals and deposits via credit /debit cards, bank transfer, PayPal, Apple Pay, POLi, etc.
- Dedicated account manager people can reach at any time
Cost
- Spreads start from 0.1% – 0.3%
- Trading fees are 0%
- Deposits & Withdrawals are Free
Read also:
Top 10 Chinese Crypto Exchanges in 2022
How to Exchange USDT to BTC – An Easy Step by Step Guide
Is Huobi Global Safe? Huobi Exchange Review, Pros, and Cons
Conclusion
The best way to start buying and selling cryptos and other digital assets is to transact with a crypto Exchange. Crypto exchanges are privately-owned platforms/exchanges that facilitate the trading of cryptos for other crypto assets, including fiat and digital currencies and NFTs.
FAQS
Can I use Coinbase in Denmark?
Coinbase is now available in Denmark
Is cryptocurrency legal in Denmark?
Denmark is one of the most crypto-friendly countries globally.
How do I invest in Bitcoin in Denmark?
Steps to in Crypto in Denmark
- Create an account with a crypto exchange.
- Complete the KYC verification stage.
- Make a deposit (fiat).
- Buy a crypto
- Send bitcoin to a personal wallet.
Is Binance working in Denmark?
Binance is one of the best crypto exchanges in Denmark.
Is crypto taxable in Denmark?
Yes, if people are fully taxed liable, they must pay tax in Denmark regardless of whether they traded in crypto in or outside Denmark.
How much is the tax on cryptocurrency in Denmark?
Any losses or gains on cryptos must be reported. Any income sources, such as mining and airdrops, are also subject to income tax. After accounting for tax-free amounts and labor market contributions, people will have to pay a bottom-bracket tax of 12.10 percent and a municipal tax of ~25 percent.
Is KuCoin available in Denmark?
Kucoin offers a crypto exchange in Denmark.
Is Blockchain used in Denmark?
The European nation is a contributor to blockchain technology.
You can learn more from the video below:
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