Iceland

How to Buy Bitcoin and Crypto in Iceland

What we Found

Now buying, selling, and trading Bitcoin and Cryptocurrency is easier than ever.

 

Trading Bitcoin and Cryptocurrency and How to Buy Bitcoin and Crypto in Iceland

 

Buying and selling Bitcoin and other cryptocurrencies in Iceland is a straightforward process. Here are the steps to follow:

  1. Choose a cryptocurrency exchange: There are several cryptocurrency exchanges available in Iceland, such as Binance, Coinbase, and Kraken. Choose an exchange that supports the cryptocurrencies you want to buy and has a good reputation.

  2. Create an account: Once you’ve selected an exchange, create an account and complete the verification process, which typically involves providing your personal information and identity verification.

  3. Fund your account: To buy cryptocurrencies, you’ll need to deposit funds into your exchange account. You can fund your account using bank transfers, credit/debit cards, or cryptocurrency deposits.

  4. Buy cryptocurrencies: Once you’ve funded your account, you can buy cryptocurrencies. Select the cryptocurrency you want to buy and the amount you wish to spend. The exchange will execute your order at the current market price or the price you specified.

  5. Store your cryptocurrencies: After buying cryptocurrencies, you can store them in your exchange wallet or transfer them to your personal wallet for added security.

It’s important to note that cryptocurrency investments carry risks, and you should always do your research before investing. Additionally, it’s important to comply with Icelandic regulations for buying and selling cryptocurrencies and to understand any tax implications.

 

Most popular crypto exchanges

Coinbase

KYC withdraw $50000

24 hours limits

No deposit Limit

More Information

Register Now

Cryptocom

KYC withdraw 100 BTC

24 hours limits

No deposit Limit

More Information

Register Now

MEXC

No KYC withdraw 20 BTC

24 hours limits

No deposit Limit

More Information

Register Now

KUCOIN

No KYC withdraw 1 BTC

24 hours limits

No deposit Limit

More Information

Register Now

BITFINEX

No KYC withdraw No Limit

24 hours limits

No deposit Limit

More Information

Register Now
Buy Bitcoin and Crypto through Coinbase
  • Coinbase is convenient and cheap way to buy Ethereum and the platform is open to 200+ countries). Coinbase will sell you CRO for a variable fee that depends on your payment method (credit cards have a higher fee than wire transfers), order size and market volatility. Here’s how you buy Ethereum on Coinbase: Open a Coinbase account Add your payment method (Credit card or bank account) Go to “Buy/Sell” and select the amount of Ethereum you desire Click “Buy Cronos”
Buy Bitcoin and Crypto through Crypto.com
  • Crypto.com is a cryptocurrency exchange company based in Singapore. As of May 2022, the company reportedly had 50 million customers and 4,000 employees. The exchange issues a token, Cronos.The company was initially founded in Hong Kong by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo in 2016 as “Monaco”. In 2018, the company was renamed as
Buy Bitcoin and Crypto through MEXC
  • Founded in 2018, MEXC Global is known as the exchange of high performance and mega transaction matching technology. The team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC Global caters to 10 M+ users in more than 170 countries around the world and we have just started.
Buy Bitcoin and Crypto through Kucoin
  • Kucoin is global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users from 700+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique ranking is in the top 5 globally. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities all over the world in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.
Buy Bitcoin and Crypto through Bitfinex
  • Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to users around the world. Bitfinex initially started as a P2P margin lending platform for Bitcoin and later added support for more cryptocurrencies.