Best Crypto Exchange Ireland – Top 5 Crypto Exchanges 2021

Fact Checked by Gary McFarlane

If you’re looking to buy Bitcoin in Ireland (or any cryptocurrency for that matter), you’ll need to create an account with a licensed and regulated exchange that will facilitate your position. These days, due to the rapid growth of the crypto market, there is an abundance of options for you to choose from in this area – although this can seem a little overwhelming when trying to decide which one is best!

Not to worry – in this guide, we’ll explore the Best Crypto Exchange Ireland in detail. We’ll touch on the top exchanges on the market right now and how to find them before showing you how to get started with a leading exchange today – in less than ten minutes!

#1 Crypto Exchange Ireland – eToro

1
$50Exclusive promotion
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

Best Crypto Exchange Ireland – Top 5 List

If you’re looking for the best crypto exchange Ireland – look no further! The list below showcases the best Bitcoin exchanges in Ireland right now. In the following section, we discuss each of these exchanges in detail, ensuring you have all the information you need to invest effectively.

  • eToro – Overall Best Crypto Exchange Ireland
  • Coinbase – Best Bitcoin Exchange Ireland for Beginners
  • Binance – Best Crypto Exchange Ireland with Low Fees
  • CoinCorner – Best Irish Crypto Exchange to Buy Bitcoin with Credit/Debit Card
  • Coinjar – Best Crypto Exchange Ireland with Advanced Security

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.

Best Crypto Exchange Ireland – Detailed Breakdown

When deciding on the best trading platforms in Ireland, you need to consider a multitude of factors. Areas such as the platform’s fee structure, regulation, and user-friendliness all need to be considered to ensure you’re making the best decision for your investment goals. In addition, it’s essential to check that your desired broker accepts clients from Ireland, as many will have rules regarding the locations they can operate in.

To streamline the decision-making process for you, we’ve narrowed it down to our top five Bitcoin exchanges in Ireland. Read on to learn more about each of these exchanges and decide which one is right for you.

1. eToro – Overall Best Crypto Exchange Irelandetoro logo

Taking the top spot in our list of the best crypto exchanges in Ireland is eToro. If you’ve ever taken part in the financial markets before, you’ll likely have heard of eToro as they are one of the world’s largest online brokers, boasting over 23 million registered users at the time of writing. One of the main reasons eToro is so popular is the platform’s intense regulation, as they are policed by the FCA, ASIC, and CySEC.

eToro is known for being one of the cheapest CFD brokers to trade cryptocurrencies with due to its 0% commission structure. When you place a trade with eToro, you don’t have to pay any fees whatsoever, as the cost is incorporated into the spread. These spreads are clearly quoted on eToro’s website and go as low as 0.75% for Bitcoin! Furthermore, the minimum trade at eToro is only $25 (€21.55), making it easy to invest appropriately.

etoro crypto trading

In terms of deposit options, eToro accepts credit/debit cards, bank transfers, and many e-wallets – including PayPal, Skrill, and Neteller. Notably, eToro’s minimum deposit amount is only $50 (€43), ideal for beginners who wish to start small and build their way up. eToro charges no deposit fee if you fund your account in USD; if you deposit a different currency, you’ll have to pay a currency conversion fee of between 50 pips and 150 pips, depending on your deposit method.

Finally, eToro offers a handy cryptocurrency wallet for you to store your holdings in. This Bitcoin wallet features an unlosable private key and high-level standardisation protocols that ensure your crypto is protected. You can even exchange one crypto for another directly within the wallet, making the entire process extremely user-friendly!

Pros

  • 0% commissions when trading cryptos
  • Minimum trade size of only $25 (€21.55)
  • Regulated by the FCA, ASIC, and CySEC
  • Over 23 million users worldwide
  • Free crypto wallet
  • Deposit via debit/credit card, bank transfer, or e-wallet

Cons

  • Small currency conversion fee when depositing in a non-USD currency
  • Some inactivity and withdrawal fees

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

2. Coinbase – Best Bitcoin Exchange Ireland for Beginnerscoinbase review

If you’re looking for an alternative to eToro, then we’d also recommend checking out Coinbase. Coinbase is one of the best Bitcoin trading platforms in Ireland due to how beginner-friendly it is. When you first start trading crypto, it can be a little daunting – yet Coinbase’s interface is clean and streamlined, making the process much easier. Furthermore, Coinbase even has a massive library of educational material, including tutorials, guides, and market updates.

Coinbase’s fee structure is a little complicated compared to other platforms. If your trade size is less than $10, you’ll pay a fee of €0.99. However, if your trade size is between $25 and $50, the fee will rise to €1.99. Finally, if your trade size ranges from $50 to $250, the cost will be €2.99. Notably, anything over $200 will then be charged at a rate of 1.49% of your total position size. Also, Coinbase does charge a spread too, so be aware of this when crypto trading.

coinbase crypto exchange

In terms of deposits, Coinbase accepts Faster Payments and SEPA transfers, both of which take 1-3 business days to arrive in your account. Notably, Coinbase does allow PayPal withdrawals, although you cannot fund your account via PayPal. The great thing is that these methods are entirely fee-free to use.

Finally, Coinbase is exceptionally safe for users and holds 98% of its holdings in cold storage. This means that coins are held offline, which protects them from cyberattacks. Coinbase even offers a handy mobile app that includes your Coinbase Wallet, where your holdings will be stored after you have invested.

Pros

  • Beginner-friendly interface
  • Majority of holdings held in cold storage
  • One of the largest crypto exchanges in the world
  • Huge selection of assets
  • Free crypto wallet

Cons

  • Confusing pricing structure
  • Limited deposit options

at eToro, Ireland’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. No EU investor protection

3. Binance – Best Crypto Exchange Ireland with Low Feesbinance review

If you are interested in buying crypto, you’ll likely have heard of Binance. Binance is the world’s largest cryptocurrency exchange and regularly facilitates over $30bn of trading volume daily. One of the main reasons for this is that Binance has a vast asset selection compared to other platforms, with over 500 coins/tokens to trade.

Binance is best known for its low fees. Users will only need to pay 0.1% per trade, which is one of the lowest in the industry. To put this in perspective, if you opened a trade worth €1000, your fee would only be €1! However, Binance also offers its own native cryptocurrency called BNB. If you hold BNB tokens in your account, you can reduce this commission to only 0.075% per trade.

binance crypto exchange review

Binance is a little more advanced than others in terms of its trading platform, making it more suitable for experienced traders. Users can trade on Binance’s web-based platform or download the Binance app, available for iOS and Android. This app has most of the features that the web platform does and allows you to monitor your positions whilst on the go.

Finally, Binance offers a wide array of deposit options for users. You can now fund your Binance account in FIAT currency (such as USD, EUR, or GBP) using a credit/debit card, although it will come with a 3.5% fee. However, Binance mainly promotes financing your account via cryptocurrency, which you can send directly from your crypto wallet. Funding your account this way will accrue no fees and is the most efficient way of trading with Binance.

Pros

  • Largest crypto exchange in the world
  • Over 500 tradeable assets
  • Commissions are only 0.1% per trade
  • Accepts deposits via credit/debit card
  • Trade online or on your smartphone

Cons

  • Fee of 3.5% when depositing via credit/debit card
  • Might be more suitable for experienced traders

at eToro, Ireland’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. No EU investor protection

4. CoinCorner – Best Irish Crypto Exchange to Buy Bitcoin with Credit/Debit Cardcoincorner review

CoinCorner is a UK-based broker that was established in 2014 and primarily offers Bitcoin trading options. The exchange has over 200,000 users, with most of them coming from the UK market. Much like CoinBase, CoinCorner has a clean and sleek user interface with lots of information, making it appealing to beginner traders.

Right now, CoinCorner only supports Bitcoin, Litecoin, and Ethereum trading. To fund your account and begin trading, you can use a credit/debit card, bank transfer, or Neteller. There is a deposit fee to be aware of, which is 2.5% if using a credit/debit card. Bank transfers are free to make and only need to be a minimum of €5, which is one of the lowest thresholds in the industry.

coincorner review

In terms of trading fees, it can be a little tricky at first. CoinCorner uses a tier-based pricing structure with more considerable costs as your position size gets bigger. Anything over £300 will be subject to a fee of up to 1%, although anything below £300 will have a flat-rate fee.

Finally, CoinCorner is deemed safe due to being regulated by the Isle of Man Financial Services Authority (IMFSA) and holding most of its assets in cold storage. CoinCorner also uses two-factor authentication (2FA) to solidify its security and allows users to keep their private keys. CoinCorner also has a handy smartphone app, which includes a crypto wallet to store your holdings.

Pros

  • User-friendly interface
  • Minimum deposit of only €5
  • Protected by the IMFSA
  • Multiple advanced security features

Cons

  • High trading fees
  • Limited asset selection

at eToro, Ireland’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. No EU investor protection

5. Coinjar – Best Crypto Exchange Ireland with Advanced Securitycoinjar review

The final option on our list of the best crypto exchanges in Ireland is Coinjar. Coinjar is an Australian crypto exchange that offers its services worldwide and accepts Irish clients. Like Coinbase, Coinjar is tailored towards beginners and doesn’t use any complicated features or terminology, which can be confusing if you are just starting out.

Coinjar has over 400,000 registered users and is backed by multiple venture capital firms. In terms of fees, Coinjar charges a flat 1% fee for all buying and selling actions. However, Coinjar offers an ‘Instant Buy’ service that allows you to purchase crypto using Visa or Mastercard instantly. This will come with a 2% transaction fee.

coinjar review

In terms of deposit methods, Coinjar only accepts Faster Payments bank transfers at present. Your first transfer will take up to 1 business day to process, although subsequent transfers should arrive immediately. Faster Payments transfers are entirely free to make, and once you have funded your account, you can proceed to invest in Coinjar’s wide variety of tradeable coins such as BTC, ETH, XRP, LINK, and more.

Finally, your crypto holdings will be stored in Coinjar’s web-based wallet, meaning that you’re essentially trusting Coinjar to keep your holdings safe. Although there haven’t been any major attacks, some users may prefer to go with a platform that allows them to move their holdings to a private wallet. Coinjar does offer a handy mobile app though, which will enable you to send and receive crypto using a QR code.

Pros

  • Transparent fee structure
  • Ideal for beginners
  • Wide range of assets to trade
  • Transfer crypto via QR code
  • Free deposits

Cons

  • Limited deposit methods
  • No private wallet option

at eToro, Ireland’s #1 Broker

Cryptoassets are highly volatile unregulated investment products. No EU investor protection

 

How to Find the Best Crypto Exchanges Ireland

When looking for the best crypto exchange, there are various elements to consider to ensure you’ll be able to trade safely and effectively. Crypto exchanges tend to have lots of information on their websites surrounding their features, fees, and tradeable assets, so it’s a good idea to do your research before signing up.

To help streamline this process, found below are some of the main things to ponder before choosing the best crypto exchange in Ireland:

Safety

Understandably, safety is at the top of our list. When trading in the financial markets, you’ll likely be hesitant to trust an online platform with your hard-earned cash. That’s why choosing a licensed and regulated platform should be your priority when considering your crypto exchange options.

FCA logo

Many exchanges (such as eToro) will be regulated by reputable organisations that ensure the platform abides by the strictest security protocols. Some of the best regulators are the FCA, ASIC, and CySEC – so if your platform is policed by one of these entities, then there’s a good chance your money will be safe. Although these regulators will only provide regulation in a particular country, it is still a plus point if they are attributed to a crypto exchange as it adds an unparalleled level of credibility.

Fees

Another vital aspect to consider is the platform’s fees. There’s no point partnering with a crypto exchange if the charges are excessive, as this will eat into any potential profits that you make. The primary fee type to look out for is commissions, as these will be charged when you place a trade. Some brokers (e.g. eToro) will offer 0% commissions, meaning you avoid the hefty charges that other platforms impose.

However, there are other fees to consider too. Deposit fees are charged by some platforms, and these usually constitute a flat fee. Withdrawal fees are also common and can vary depending on the platform and the payment method. Finally, some platforms will even charge ‘hidden’ costs, such as inactivity fees. Thus, it’s crucial to check this out beforehand when researching your options.

Deposit Methods

Deposit methods are also something to consider when choosing a Bitcoin broker UK. The most common deposit methods are credit/debit cards, bank transfers, or e-wallet. Many exchanges will now accept popular e-wallets such as PayPal, Neteller, or Trustly – making it simple to fund your account.

PayPal logo

However, tying this into the previous section on fees, specific deposit methods will incur higher costs. For example, credit/debit card deposits tend to be much more expensive than funding your account via bank transfer. Also, certain Irish crypto exchanges will operate using a ‘base currency’, and if you deposit in a different currency, you’ll be charged a currency conversion fee.

Tradeable Assets

Most people who trade the crypto market are immediately looking to buy Bitcoin – although more and more traders are branching out to other crypto assets. Thus, finding a crypto exchange that offers a vast array of tradeable assets will ensure you have the best chance of generating a positive return.

If you’re looking to build a diversified portfolio, you may also want to buy stocks or other asset classes. With certain exchanges (such as eToro), you’ll be able to invest in cryptocurrencies, stocks, bonds, ETFs, commodities, currencies, and more – all from the same platform. So, if you are looking to expand into other areas, it’s best to use a platform such as this.

User-Friendliness

Investing in cryptocurrency can be tricky, especially if you are new to the financial markets. That’s why crypto exchanges that are beginner-friendly are ideal for new traders, as they tend to use easy to understand terminology and offer a seamless trading experience. What’s more, many beginner-friendly exchanges will provide a massive library of educational materials to ensure you know exactly what you are doing.

etoro trading platform

At the other end of the spectrum, if you are an experienced trader, you may wish to use a platform tailored to more advanced investors. Crypto exchanges such as Binance will offer tools and features that will be useful to traders with experience in the markets. Overall, due to the number of crypto exchanges to choose from these days, there will undoubtedly be an option for you and your experience level.

Customer Service

Finally, it’s a good idea to partner with an Irish crypto exchange that has good customer service. Cryptocurrency trading can be stressful, which is why using an exchange like this will ensure you get the help you need if you require it. Many crypto exchanges will offer a live chat feature or an extensive FAQs section, ensuring you’re always able to get the information you need.

How to Get Started with the Best Crypto Exchange Ireland

So, now that you understand who the best crypto exchanges in Ireland are and how to pick between them, it’s time to discuss the investment process. If you want to invest in Bitcoin (or any other cryptocurrency), you’ll first have to sign up and complete some KYC checks. Usually, this is very simple to do and can be achieved from the comfort of your own home.

To streamline this process, the five quick steps below will show you how to begin buying cryptocurrency with eToro. By following these steps, you’ll be able to start trading crypto commission-free – all in under ten minutes!

Step 1 – Open an eToro Account

Head over to eToro’s website and click ‘Join Now’. On the page that follows, simply enter your email address and choose a username and a password to open your eToro account. If you’d like, you can also begin this process using eToro’s smartphone app.

etoro sign up

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2 – Verify your Identity

As eToro is one of the safest FCA brokers UK, you’ll need to verify yourself before trading. To do so, head over to your account dashboard and click ‘Complete Profile’. You’ll then be asked to enter some personal information to complete eToro’s KYC checks. Finally, you’ll also be asked to upload proof of ID (a copy of your passport or driver’s license) and proof of address (a copy of a bank statement or utility bill).

Step 3 – Make a Deposit

New eToro users must deposit a minimum of $50 (€43) to fund their accounts. It’s best to make your deposit in USD, as you will not have to pay a currency conversion fee in that case.

In terms of deposit methods, eToro accepts the following for Irish clients:

  • Credit Card
  • Debit Card
  • Bank Transfer
  • Rapid Transfer
  • PayPal
  • Neteller
  • Skrill
  • Trustly

Step 4 – Search for your Chosen Asset

When you are ready, click into the search bar on eToro’s trading platform and type in the name of the asset you’d like to trade. In the example below, we’re looking to buy Bitcoin. Once the asset appears, click ‘Trade’.

etoro buy bitcoin

Step 5 – Buy Cryptocurrency 

An order box will now appear, which will look like the one below. In this box, you can enter your desired position size (minimum of $25) and opt for a stop-loss or take-profit level. Once you are happy with everything, click ‘Open Trade’.

buy bitcoin eToro

And that’s it! You’ve just completed your first crypto purchase with eToro – all without paying any commissions!

Best Irish Crypto Exchanges – Conclusion

To summarise, this guide has explored the best crypto exchanges Ireland in detail, covering their fees and features and showing you how to begin trading crypto right away. As you can see, there is an abundance of platforms out there that offer Bitcoin trading these days – so you’ll never be short of options! By referring back to this guide, you’ll have all the information that you need to choose the best Irish crypto exchange that’s right for you.

However, if you’d like to get started right away, we’d recommend using eToro. eToro is our recommended Irish Bitcoin exchange because they offer a 0% commission structure when trading cryptocurrencies. What’s more, eToro doesn’t charge any deposit fees or monthly account fees and allow trades from only $25 (€21.55)!

eToro – Best Crypto Exchange Ireland

1
$50Exclusive promotion
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

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About Connor Brooke PRO INVESTOR

Connor is a Scottish financial expert, specialising in wealth management and equity investing. Based in Glasgow, Connor writes full-time for a wide selection of financial websites, whilst also providing startup consulting to small businesses. Holding a Bachelor’s degree in Finance, and a Master’s degree in Investment Fund Management, Connor has extensive knowledge in the investing space, and has also written two theses on mutual funds and the UK market.