In this article, I’ll go over the best crypto exchanges in Cyprus. Here, I focus on crypto exchanges that are safe, trustworthy, and easy to use.
Picking the right exchange is important, no matter if you are just starting or have years of experience. I’ll cover the best crypto exchanges that are multi-crypto, have reasonable fees, and tight security. I’ll also cover the best exchanges to deposit money with if you live in Cyprus.
What is Crypto Exchanges?
A cryptocurrency exchange is an online platform that enables individuals to purchase, sell, and exchange various digital currencies, including Bitcoin, Ethereum, and stablecoins.
As intermediaries, these exchanges facilitate connections between buyers and sellers and, at times, provide a platform where cryptocurrencies can be traded against fiat currencies like USD, EUR, and JPY.
Crypto exchanges can be Centralized (CEX) or Decentralized (DEX), where the former is run by a company and the latter operates on blockchain networks. With the wallet storage, trading tools, and transaction security that exchanges provide, they become the primary entry point for people joining the cryptocurrency market.
How To Choose Best Crypto Exchanges in Cyprus
Regulatory Compliance – For legal protection, ensure the exchange is licensed by CySEC or complies with EU regulations regarding the Anti-Money Laundering (AML) and Know Your Customer (KYC) steps.Disclosure.
Security Measures – Safeguarded funds are important. Opt for platforms with two-factor authentication (2FA), cold storage, and encryption.
Supported Cryptocurrencies – Compare exchanges based on support for major cryptocurrencies, including BTC, ETH, USDT, and other altcoins you are interested in trading.
Trading Fees – Look through the offered cryptocurrencies and assess the maker and taker fees. Also, evaluate the withdrawal and deposit fees to avoid being charged exorbitantly.
Deposit & Withdrawal Methods – Check the support of SEPA transfers, credit/debit cards, or crypto deposits and withdrawal options instead of crypto only.
User Interface & Mobile App – To allow for trading while on the go, Choose platforms with easy-to-use designs and mobile options.
Liquidity & Trading Volume – Impressive liquidity allows for faster deals and improved price execution, ensuring beneficial trading.
Customer Support – Look for exchanges that assist you round the clock, typically through live chat and email along with a centralized help region.
Best Crypto Exchanges in Cyprus Points
- Kraken – Offers over 120 cryptocurrencies, advanced trading options, strong security, and regulated services, making it ideal for professional traders.
- Binance – Largest global exchange with vast crypto selection, low fees, high liquidity, and extensive trading tools.
- Uphold – User-friendly platform supporting multiple assets including crypto, fiat, and commodities, with easy deposit and withdrawal options.
- OKX – Provides spot, futures, and DeFi trading with competitive fees and advanced trading tools for experienced users.
- Gate.io – Offers a wide variety of cryptocurrencies, margin trading, and staking services with global access and moderate fees.
- Bybit – Focuses on derivatives and spot trading, with strong liquidity, P2P options, and an intuitive platform.
- KuCoin – Supports a large number of cryptocurrencies, margin trading, futures, and a native token for fee discounts.
- MEXC – Features a diverse range of crypto assets, low trading fees, and regular token listings for new opportunities.
- Bitget – Known for futures and copy trading, offering a beginner-friendly interface and high leverage options.
- Coinbase – Beginner-friendly exchange with strong security, simple interface, regulated services, and support for major cryptocurrencies.
10 Best Crypto Exchanges in Cyprus
1. Kraken
Founded in 2011, Kraken is one of the most valuable crypto exchanges and is recognized as one of the Best Crypto Exchanges in Cyprus. Kraken is multilingual, offers significant crypto pairs, and accepts Bitcoin and Ethereum as well as stable coins like USDT.
At Kraken, users can take advantage of low trading fees of 0.16% for maker orders and 0.26% for taker orders, with greater discounts for high-volume traders.
Kraken users can deposit crypto, as well as execute SEPA bank transfers and wire transfers to their trading accounts. Kraken implements robust security, including two-factor authentication and cold storage, to protect accounts and orders. Customer support is available 24/7.
| Feature | Details |
|---|---|
| Established Year | 2011 |
| Local Language | English |
| Supported Cryptocurrencies | BTC, ETH, USDT, LTC, XRP, and over 120 others |
| Trading Fees | Maker: 0.16%, Taker: 0.26% (volume-based discounts available) |
| Deposit Methods | SEPA transfers, wire transfers, crypto deposits |
| Security | Two-factor authentication (2FA), cold storage, encryption, withdrawal whitelist |
| Customer Support | 24/7 live chat, email support, help center |
| Minimal KYC Option | Available for basic crypto trading and withdrawals up to limited thresholds |
| Platform Type | Web, iOS, Android |
2. Binance
In 2017 Binance has begun to operate as one of the best crypto exchanges available in Cyprus. As a multi lingual platform and one of the leading crypto exchange Cyprus Binance offers a variety of cryptocurrencies like Bitcoin, Ethereum and Tether as well as low trading fees starting from 0.1% trading fees Binance users in Cyprus can fund their accounts with crypto deposits, SEPA transfers, and credit and debit cards.
Also, Binance grants high level of secuirty with two factor authentication, cold storage, and withdrawal whitelists. Finally, the exchange offers 24/7 customer assistance, trading tools and educational materials in for all levels.
| Feature | Details |
|---|---|
| Established Year | 2017 |
| Local Language | English |
| Supported Cryptocurrencies | BTC, ETH, USDT, BNB, LTC, XRP, and hundreds of others |
| Trading Fees | Maker: 0.1%, Taker: 0.1% (discounts with BNB available) |
| Deposit Methods | SEPA transfers, credit/debit cards, crypto deposits |
| Security | Two-factor authentication (2FA), cold storage, SAFU insurance fund |
| Customer Support | 24/7 live chat, email support, help center |
| Minimal KYC Option | Available for basic crypto trading and withdrawals up to certain limits |
| Platform Type | Web, iOS, Android |
3. Uphold
Founded in 2014, Uphold is a multi-functional platform and is considered one of the Best Crypto Exchanges in Cyprus.
The platform is multilingual and allows the trading of Bitcoin, Ethereum, stablecoins, and other cryptocurrencies, as well as fiat currencies and commodities. Uphold has a competitive fee structure, and they depend on the asset, ranging generally from 0.35% to 0.50%.
Users in Cyprus can fund their accounts through SEPA transfers, bank cards, and crypto deposits. Uphold employs security measures such as 2FA, anti-breach encryption, and regulated operations. Uphold also offers 24/7 customer support which makes it reliable for novice and experienced traders.
| Feature | Details |
|---|---|
| Established Year | 2014 |
| Local Language | English |
| Supported Cryptocurrencies | BTC, ETH, USDT, LTC, XRP, and major altcoins |
| Trading Fees | 0.35%–0.50% depending on asset and transaction type |
| Deposit Methods | SEPA transfers, credit/debit cards, crypto deposits |
| Security | Two-factor authentication (2FA), encryption, regulated platform |
| Customer Support | 24/7 email and live chat support, help center |
| Minimal KYC Option | Available for basic trading and limited withdrawals |
| Platform Type | Web, iOS, Android |
4. OKX
Established in 2017, OKX is one of the Best Crypto Exchanges in Cyprus. OKX is multilingual, even in English, and has a diversified crypto portfolio that includes Bitcoin, Ethereum and Tether.
Trading expenses are quite reasonable, starting at 0.08% for makers and 0.10% for takers, and there are discounts for high-volume traders. Cypriot customers can deposit funds through SEPA bank transfers, credit and debit cards, and crypto transfers.
OKX has strong security through cold wallet storage, two-factor authentication, and routine security audits. The 24/7 support is responsive as well. OKX is suitable for both beginners and advanced traders because of the customer support features and educational tools.
| Feature | Details |
|---|---|
| Established Year | 2017 |
| Local Language | English |
| Supported Cryptocurrencies | BTC, ETH, USDT, LTC, XRP, and 300+ others |
| Trading Fees | Maker: 0.08%, Taker: 0.10% (volume-based discounts available) |
| Deposit Methods | SEPA transfers, credit/debit cards, crypto deposits |
| Security | Two-factor authentication (2FA), cold storage, encryption, security audits |
| Customer Support | 24/7 live chat, email support, help center |
| Minimal KYC Option | Available for basic trading and withdrawals with limited thresholds |
| Platform Type | Web, iOS, Android |
5. Gate.io
Gate.io started operating in 2013 and is one of the Best Crypto Exchanges in Cyprus. In addition to English, the exchange also supports many other languages and has a vast trading range of over 300 cryptocurrencies such as Bitcoin, Ethereum, and other altcoins.
Trading fees are among the most competitive in the industry. Standard fees are 0.2% per trade, and discounts apply to users who trade in large volumes. As for Deposits in Cyprus, users have the option of SEPA transfers, credit and debit cards, and of course, crypto deposits.
Gate.io takes security seriously, implementing 2FA, cold storage crypto backups, and withdrawal whitelists. Personalized support, educational materials, and comprehensive advanced trading tools are just a few of the many unique features that make this exchange attractive to customers, from beginners to professionals, in Cyprus.
| Feature | Details |
|---|---|
| Established Year | 2013 |
| Local Language | English |
| Supported Cryptocurrencies | BTC, ETH, USDT, LTC, XRP, and 500+ altcoins |
| Trading Fees | Maker: 0.2%, Taker: 0.2% (discounts available for high-volume traders) |
| Deposit Methods | SEPA transfers, credit/debit cards, crypto deposits |
| Security | Two-factor authentication (2FA), cold wallet storage, encryption |
| Customer Support | 24/7 live chat, email support, help center |
| Minimal KYC Option | Available for basic trading and limited withdrawals |
| Platform Type | Web, iOS, Android |
6. Bybit
Established in 2018, Bybit has evolved to become one of the most popular crypto trading interfaces in Cyprus to trade crypto pairs and derivatives. It offers cryptocurrencies, including Bitcoin and Ethereum, along with multiple trading pairs, derivatives as well as cryptocurrencies such as stablecoins.
It also offers trading in different ranges including spot trades and future contracts. Users in Cyprus find Bybit accommodating as they offer multiple methods to deposit funds such as SEPA transfers, credit and debit cards as well as crypto.
Bybit has also been recognized for its safety and security which include 2 factor authentication cold wallets, and security through encryption. Bybit has a keen interest in supporting all of its customers and claims to offer a user friendly platform to trade crypto.
| Feature | Details |
|---|---|
| Established Year | 2018 |
| Local Language | English |
| Supported Cryptocurrencies | BTC, ETH, USDT, LTC, XRP, and major altcoins |
| Trading Fees | Spot: 0.1%, Futures: 0.01%–0.05% (depending on contract type) |
| Deposit Methods | SEPA transfers, credit/debit cards, crypto deposits |
| Security | Two-factor authentication (2FA), cold wallet storage, encryption |
| Customer Support | 24/7 live chat, email support, help center |
| Minimal KYC Option | Available for basic trading and withdrawals with limited limits |
| Platform Type | Web, iOS, Android |
7. KuCoin
KuCoin is a well-established platform launched in 2017 and is one of the Best Crypto Exchanges in Cyprus. It offers a wide array of cryptocurrencies like Bitcoin, Ethereum, and many altcoins. It has multilingual support, including in English.
Besides, the platform has one of the most competitive trading fees, starting from 0.1% per trade, and offers additional discounts by trading with the native token, KCS. Cyprus users can conveniently deposit funds via SEPA bank transfers, credit/debit cards, and crypto transfers.
To enhance account protection, the platform incorporates two-factor authentication, cold storage, and withdrawal whitelists. In addition, the platform has 24-hour customer support, easy self-service, and user-friendly navigation.
| Feature | Details |
|---|---|
| Established Year | 2017 |
| Local Language | English |
| Supported Cryptocurrencies | BTC, ETH, USDT, LTC, XRP, and 600+ altcoins |
| Trading Fees | Maker: 0.1%, Taker: 0.1% (discounts available using KCS token) |
| Deposit Methods | SEPA transfers, credit/debit cards, crypto deposits |
| Security | Two-factor authentication (2FA), cold storage, encryption, withdrawal whitelist |
| Customer Support | 24/7 live chat, email support, help center |
| Minimal KYC Option | Available for basic trading and limited withdrawals |
| Platform Type | Web, iOS, Android |
8. MEXC
Established in 2018, MEXC is one of the top Crypto Exchanges in Cyprus. It opens the door to the global Crypto market for Cypriots by providing trading services as well as language support (English, Chinese, etc).
Users can trade Bitcoin, Ethereum, and several other cryptocurrencies. Users can take advantage of MEXC competitive trading fees that start 0.2% (discount for high volume trading).
Cypriots can fund their MEXC accounts using SEPA, credit/debit cards, and cryptocurrencies. Security is a cross with 2FA controls, cold wallets, and system audits. And the support is 24/7 with educational material. The platform is easy to use for both novices and professionals.
| Feature | Details |
|---|---|
| Established Year | 2018 |
| Local Language | English |
| Supported Cryptocurrencies | BTC, ETH, USDT, LTC, XRP, and 500+ altcoins |
| Trading Fees | Maker: 0.2%, Taker: 0.2% (discounts available for high-volume traders) |
| Deposit Methods | SEPA transfers, credit/debit cards, crypto deposits |
| Security | Two-factor authentication (2FA), cold wallet storage, encryption |
| Customer Support | 24/7 live chat, email support, help center |
| Minimal KYC Option | Available for basic trading and limited withdrawals |
| Platform Type | Web, iOS, Android |
9. Bitget
Established in 2018, Bitget has become one of the Best Crypto Exchanges in Cyprus. It has a plethora of languages support including English and features a wide range of crypto options including Bitcoin, Ethereum, and stablecoins, and lets you trade in crypto both spot and derivatives.
As for fees, they are fairly reasonable starting at 0.1% for spot trading and gets lower for VIP users and for futures trading.
Cypriots can deposit through SEPA transfers, credit and debit cards, and crypto deposits. Bitget uses 2FA, cold wallet storage, and data encryption for your account and crypto protection. For the convenience of all traders, the portal has 24/7 customer service and is easy to navigate.
| Feature | Details |
|---|---|
| Established Year | 2018 |
| Local Language | English |
| Supported Cryptocurrencies | BTC, ETH, USDT, LTC, XRP, and major altcoins |
| Trading Fees | Spot: 0.1%, Futures: 0.01%–0.05% depending on contract type |
| Deposit Methods | SEPA transfers, credit/debit cards, crypto deposits |
| Security | Two-factor authentication (2FA), cold wallet storage, encryption |
| Customer Support | 24/7 live chat, email support, help center |
| Minimal KYC Option | Available for basic trading and limited withdrawals |
| Platform Type | Web, iOS, Android |
10. Coinbase
Coinbase is a trustworthy platform for the best crypto exchanges in Cyprus. It has multilingual support, including English, and users can trade notable cryptocurrencies like Bitcoin, Ethereum, and other stablecoins.
Coinbase has clear and straightforward trading fees, varying from 0.5% to 1.49%, depending on the type of trading and payment method. Customers from Cyprus can deposit euros via SEPA transfers and credit/debit cards, as well as crypto deposits.
Coinbase offers high security with 2-factor authentication, cold storage, and insurance on digital assets. It has 24/7 customer support, educational materials, and a simple platform for crypto investors, whether they are just starting out or are seasoned crypto professionals.
| Feature | Details |
|---|---|
| Established Year | 2012 |
| Local Language | English |
| Supported Cryptocurrencies | BTC, ETH, USDT, LTC, XRP, and major altcoins |
| Trading Fees | 0.5%–1.49% depending on transaction type and payment method |
| Deposit Methods | SEPA transfers, credit/debit cards, crypto deposits |
| Security | Two-factor authentication (2FA), cold storage, insurance coverage |
| Customer Support | 24/7 email and live chat support, help center |
| Minimal KYC Option | Available for small transactions and limited withdrawals |
| Platform Type | Web, iOS, Android |
Pros & Cons
Pros
- Regulated Environment – Cyprus exchanges operate with the CySEC and EU regulations which offers legal cover.
- Wide Cryptocurrency Selection – All the popular coins like Bitcoin, Ethereum, and even stable coins.
- Multiple Payment Methods – Crypto, SEPA transfers, and credit/debit card transactions.
- Advanced Trading Tools – For professional traders, offers margin trading, futures, and other charting tools.
- High Security Standards – Two-factor authentication, cold storage, and encryption are some of the key safe features.
- 24/7 Customer Support – Several platforms are available with assistance round the clock and educational materials.
Cons
- High Fees on Some Platforms – Users can experience some platforms charging higher trading or withdrawal fees.
- Regulatory Limitations – Cyprus users don’t hold full licensing on all global exchanges.
- Complexity for Beginners – Advanced features and tools can be really overwhelming for users.
- Risk of Hacking – Although the risk is low, all exchanges can be potential hacking targets.
- Limited Fiat Options on Some Platforms – Some platforms and exchanges have less local currency deposit options.
Conclusion
To wrap up, analyzing the Best Crypto Exchanges in Cyprus means one must check the Pros and Cons of security, fees, available crypto, and user friendliness of the interface . ‘
Kraken, Binance, Coinbase, OKX, and KuCoin are all very secure, have multiple ways to make deposits, and have great customer transactions and great user service, so all are great options for beginner users and seasoned traders.
Compliance with CySEC and EU crypto regulations means advanced users have even more trust in and with the crypto traders.
After assessing fees, trading activity, and other features available on the platform, crypto traders in Cyprus will be able to pick the best available crypto Binance, Coinbase, OKX, and KuCoin to offer trading for safely and access the crypto market efficiently for trading.
FAQ
Are crypto exchanges in Cyprus regulated?
Yes, many exchanges comply with CySEC or EU regulations, ensuring legal protection, anti-money laundering (AML), and know-your-customer (KYC) standards.
What payment methods can I use in Cyprus?
Most exchanges support SEPA bank transfers, credit/debit cards, and crypto deposits. Some platforms also accept PayPal and other e-wallets.
What are typical trading fees?
Trading fees usually range from 0.1% to 0.5%, depending on the exchange, trading volume, and whether you use maker or taker orders.
What are the best crypto exchanges in Cyprus?
Some of the top exchanges include Kraken, Binance, Coinbase, OKX, KuCoin, Bybit, MEXC, Gate.io, Bitget, and Uphold, offering secure trading, multiple cryptocurrencies, and user-friendly platforms.
