Estonia has been on the frontlines of crypto adoption as it leads other countries in issuing cryptocurrency business licenses. This Northern European country, through robust regulations and strong digital infrastructure, has created a serene environment for crypto businesses to thrive, especially exchange providers.
The conducive environment has led to a massive growth in revenue for businesses. In 2024, the crypto market generated around $1.21 million. This revenue is spread across various sectors such as financial services, real estate, gaming and entertainment, and e-commerce.
Facilitating transactions in these sectors has created a market for crypto exchange providers. In this article, we will explore the best in the business, exploring their unique features and why most Estonians are embracing their services.
Key Takeaways
- Estonia provides a conducive environment for crypto exchangers to thrive.
- Crypto exchanges are legal in Estonia and are regulated by AML and Virtual Currency Service Providers Acts.
- UEEx, Binance, and Bitpanda are among the top crypto exchanges.
- Before selecting an exchange, security, fees, liquidity, ease of use, payment methods, and customer support should be considered.
Top Exchanges in Estonia in 2025
Exchange | Best For | Trading Fees | Max Leverage | Available Assets | Fiat Support | Security Features | Unique Features |
UEEx | Comprehensive dashboard for managing crypto and stocks | 0.09% Maker/Taker (spot);0.08-0.1% Maker/Taker (margin) | 200x | 300+ | 15+ Fiat currency support | – 93% of users’ assets stored in cold storage, – 2FA- Access control with IP and wallet whitelisting, – Proof of Reserve (PoR) | – UE Coin Miner app – Access to US and Hong Kong stocks |
Binance | Wide range of assets | 0.1% Maker/Taker (spot and margin); 25% discounts for BNB holders | – Varies by asset- Up to 125x for Futures | 500+ | 100+ currencies | 2FA, SAFU fund, Cold storage | BNB fee discounts,Diverse offering (staking, DeFi, NFTs) Launchpad,DeFi integration |
Bitpanda | Crypto investment | 1.49% included in the asset’s buy and sell price | 2x | 500+ | EUR, USD, GBP, CHF, PLN, TRY, HUF, CZK, DKK, SEK | Cold storage, MFA | Diverse investment opportunities of over 3000 assets (500+ crypto, and other stocks, ETF etc) |
ZondaCrypto | Robust educational resources | Taker: 0.01% Maker: 0.20% | N/A | 60+ | PLN USD EUR | 2FA, encrypted cold wallets | The ZND platform enables users to trade, earn passive income, borrow, and manage their crypto assets |
Coinmetro | Extensive functionality and built-in analytics | Spot: Maker: 0.10%, Taker: 0.20% | 5x | 85+ | USD EUR GBP AUD | 2FA, Multi-signature transactions (via BitGo), Cold Storage, IP address verification | CoinMetro’s forte is its trading terminal with extensive functionality and built-in analytics |
Coinbase | Learn-and-Earn resources | Varies, but typically: Taker 0.60%, Maker: 0.40% | Up to 20x | 240+ | 60+ fiat currencies | Cold storage, 2FA, Encryption, Coinbase vault | – Robust educational resource,- Coinbase wallet – Advanced charts |
CEX.io | Secured Margin Trading | Spot trading: 0.25% for makers and 0.15% for takers. | 10x | 100+ | USD, EUR, and GBP | 2FA, offline storage, firewalls, data encryption, and access control, Money Services Business status with FinCEN | Reliable fiat-to-crypto gateway |
Kraken | Security-focused traders and institutions | Spot trading: 0.25% (Maker), 0.40% (Taker) | 5x | 210+ | USD, EUR, CAD, GBP, CHF, AUD | 2FA, Cold storage,PGP encryption | Highly customizable interface, Advanced order types, margin trading |
Uphold | Instant Transfers, and Rewards Programs | Varies | 200x | 250+ | 20+ | 2FA, cold storage, KYC verification, OFAC, and BSA record-keeping requirements | Instant transfer capabilities and user-friendly rewards programs. |
BitStamp | Different trading features | Spot trading: Maker fee: 0.30%, Taker fee: 0.40%, Withdrawal fees: varies | N/A | 100+ | USD, EUR, GBP, CHF | 2FA, Cold storage, multi-signature wallets | Focus on institutional-grade services and reliability |
ByBit | Active and derivatives trader | 0.1% Maker/Taker (spot trading); Liquidation Fee: 2% (margin) | 100x | 600+ | 60+ currencies | 2FA, Cold storage | Extensive derivatives offerings, Copy trading, Trading bots |
Pursa | Strong security and Anonymity | Maker-taker fees (0.05% – 0.25%) | Varies | BTC, ETH, Tether, BNB, LTC, DOGE, and a few others, | 100+ | 2FA, cold storage | Pursa anonymous escrow and instant payment features |
Kriptomat | Friendly User Interface | Varies | Varies | 400+ | 100+ | 2FA, cold storage | Great customer support ( over 20 languages supported) |
1. UEEx — Overall Winner
Source: UEEx
Summary: UEEx has a comprehensive dashboard that is suitable for beginners and experienced traders alike, with features to manage 300+ cryptocurrencies and other stocks.
Crypto trading and technical trading can be quite ‘technical’ and, in most cases, complicated. This is why beginners and experienced traders seek exchanges with simple and clear UIs and dashboards to have a smooth ride.
This is one of the reasons why UEEx ranks above other exchanges in this list, as it provides a comprehensive dashboard that can cater to all calibres of traders—beginners, experienced, and pro-traders. It has a user-friendly dashboard and offers buying and selling of over 200 crypto assets—from Bitcoin to altcoins, stablecoins, and even meme coins.
Are you a crypto trader who also has other stock investments? Not to worry, UEEx has you covered, as it also supports other stocks, all in one platform. Traders can also access major US and Hong Kong stocks.
The security and privacy features of UEEx are top-notch, as it offers features such as 2,000 unique deposit addresses per user, storing 93% of user assets in cold wallets, alongside other advanced encryption techniques that are in compliance with regulatory standards.
UEEx has innovative features like the UE Coin miner app, which allows users to mine UE Coin, the platform’s native token. It also offers copy trading, a feature where inexperienced Polish traders can mirror the trades of experienced ones.
Pros
- User-friendly platform suitable for beginners and experienced traders
- Wide range of crypto assets and stocks
- Innovative features like copy trading and the UE Coin Miner app
- Robust security framework with cold storage and advanced encryption
- Multiple language support
Cons
- Relatively new
- exchange compared to some established players
- The UI of the web platform can be modern
Fees
- Spot Trading: 0.09% (Maker/Taker fee)
- Margin Trading: 0.08-0.10% (Maker/Taker fee)
A detailed breakdown of UEEx’s fees is contained on the image below:
Source: UEEx.com
2. Binance — Best for Wide Range of Assets
Summary: Binance has an extensive list of crypto assets, and most especially, newer projects, which makes it an attractive option for users seeking to diversify their investments.
Binance is notable for its low trading fees, extensive selection of coins, advanced trading features, high liquidity, strong security measures, and large user base. These are recipes for a reliable trading environment for both beginners and experienced traders.
Additionally, using Binance Coin (BNB) for fees can further reduce costs. Users can access features like staking, DeFi integration, and NFT offerings. Binance also provides a user-friendly mobile app, educational resources, and a comprehensive knowledge base.
Pros
- Extensive selection of cryptocurrencies and features, including new projects
- Strong reputation
- Low-fee approach to crypto investing
- User-friendly platform and mobile app
Cons
- Customer support is sometimes slow
- Some advanced features may be too overwhelming for beginners
Fees
- Trading Fees: Standard fee of 0.1% (makers and takers).
- Using Binance Coin (BNB), this can be reduced by 25% for makers and takers.
- Fee also reduces for VIP levels.
A detailed breakdown of the fees is as follows:
3. Bitpanda — Best for Crypto Investment
Summary: Bitpanda has a wide range of 3000+ assets for investors looking to diversify their portfolio.
Founded in 2014, Bitpanda offers an impressive range of over 3,000 investable assets, including cryptocurrencies, stocks, ETFs, commodities, and precious metals, unlike traditional cryptocurrency exchanges.
This exchange stands out with its user-friendly interface and innovative features like the Bitpanda Crypto Index, which allows investors to automatically invest in a curated basket of cryptocurrencies.
Pros
- Extensive asset variety with over 250 digital assets
- Automated investment options
- Visa Bitpanda Card with up to 2% Bitcoin cashback
- Supports staking for passive income
- Multiple deposit methods including bank transfer, PayPal, and credit cards
Cons
- Fees are embedded in the spread, which can be less transparent
- Limited to European countries
- No free demo account
- Limited customer support features
Fees
- There are zero fees on opening and maintaining an account, but 1.49% is included in the asset’s buy and sell price.
- Deposit Methods: bank transfer, iDEAL, debit/credit cards, Sofort, and PayPal
4. ZondaCrypto — Best for Robust Education Resources
Summary: Zondacrypto is renowned for its pile of educational resources under its Zondacrypto Academy and its ZND platform.
Zondacrypto, formerly known as BitPay, is one of the largest crypto exchanges in Europe, with over one million users. Founded in 2014 and regulated under the Estonian Financial Intelligence Unit (FIU), Zondacrypto has built quite a reputation for itself with over 60 crypto assets.
Source: Coingecko
In a bid to serve customers better and expand its business reach, this exchange has created products such as the Zondacrypto FIAT Exchange, Zondacrypto Pay, and Zondacrypto Academy—a platform that offers free access to educational resources, helping users understand cryptocurrency trading and blockchain technology.
The ZND platform is a unique feature of this exchange. It is a revolutionary digital asset management platform for anyone who wants to explore the finance, Web 3.0, and blockchain worlds in a safe and intuitive environment.
Pros
- User-friendly interface
- Convenient and flexible mobile app for on-the-go trading
- Educational resources suitable for beginners and experienced traders
Cons
- No leveraged trading
- Higher fees compared to competitors
- Limited global reach, primarily focused on the European market
Fees
- Trading Fees: 0.01% Maker fee and 0.20% Taker fee for spot trading.
A detailed breakdown of the fees is as follows:
5. Coinmetro — Best for Extensive Functionality
Summary: Coinmetro is a flexible crypto exchange that is suitable for beginners through its user-friendly and simple user interface, multiple crypto assets and fiat currencies support, and its “Buy Your Portfolio” feature.
Coinmetro is a crypto exchange based in Estonia designed to cater to both beginners and experienced traders. It has a wide range of cryptocurrencies and supports multiple currencies for spot and margin trading.
Through its “Buy Your Portfolio” swap feature, Coinmetro allows investors to purchase more of their existing portfolio assets in a single, streamlined transaction. This eliminates the need for multiple individual trades. This innovation simplifies portfolio management and enables users to efficiently adjust their holdings in response to market movements.
Pros
- Fully licensed in Estonia
- User-friendly and simple interface
- Competitive and well-defined fees
- Educational resources for traders to grow and learn
Cons
- A limited list of crypto assets
- Smaller liquidity
- Not ideal for advanced trading
Fees
- Trading Fees: 0.1% Maker fee and 0.20% Taker fee for spot trading.
- Fees vary according to the user’s level.
A detailed breakdown of UEEx’s fees is contained on the image below:
6. Coinbase — Best for Learn-and-Earn Resources
Summary: Coinbase has a lot of educational resources, making it ideal for beginners.
Coinbase offers a flexible dashboard that can cater to all kinds of traders. It has a wide range of educational resources that serve as a safe haven for beginners and up-to-date information banks for pro-traders.
This exchange is flexible and gives users the option to buy or trade over 240 crypto assets. It has advanced trading and security systems, including advanced charts, cold wallet storage, and MFA encryptions.
The platform serves more than 103 million verified users globally and manages over $250 billion in assets.
Pros
- Friendly for beginners
- Free crypto through its learn-and-earn program
- Fast deposits using PayID
- $20 Bitcoin welcome bonus
- Robust security feature of 98% of assets in offline storage
Cons
- Higher transaction fees compared to other exchanges
- Potentially slow customer support during peak periods
- Transactions can be quite expensive for small traders
Fees
- Trading fees: 0.4% for Makers and 0.6% for takers (higher than most competitors)
- PayID deposits: Free
- Advanced trading platform fees: 0-1%
- Withdrawal fees: Vary by method
A detailed breakdown of the fees is as follows:
7. CEX.io — Best for Margin Trading
Summary: CEX.io is a flexible exchange that supports a wide range of assets and is suitable for beginners and experienced traders, as it offers advanced trading options.
Launched in 2013, CEX.io supports over 100 cryptocurrencies, including BTC, ETH, and ADA. It is particularly known for its fiat-to-crypto gateway. This enables users to buy crypto directly with ARS via cards or bank transfers. Its margin trading options and institutional-grade security measures make it a reliable choice for serious traders.
With a focus on accessibility, it caters to both beginners and advanced traders, providing a wide range of cryptocurrencies, fiat deposit options, and competitive fees. It supports spot trading, margin trading, staking, and fiat-to-crypto transactions.
Pros
- Reliable fiat-to-crypto options
- Secure platform with compliance with international regulations
- Supports over 100 cryptocurrencies
Cons
- Limited liquidity for lesser-known altcoins
- Higher trading fees than platforms like Binance
Fees
Trading Fees: Up to 0.25% for makers and 0.15% for takers.
Deposit Fees: Vary by payment method and account type. Fiat deposits via bank transfers are free, while credit card deposits incur a 2.99% fee.
Withdrawal Fees: Crypto withdrawals are subject to network fees.
A detailed breakdown of CEX.io’s fees is contained on the image below:
8. Kraken — Best for Security
Summary: Kraken is a highly reputable choice for crypto traders in Estonia, offering a secure platform with diverse features and a strong security track record.
Kraken is a highly reputable platform globally, including in Estonia. It is known for its robust security and comprehensive features. It operates in Europe through Payward Europe Solutions Limited, adhering to local regulations, which adds credibility and trust for users in Estonia.
Kraken provides various services such as crypto-to-fiat and crypto-to-crypto exchanges, custodial wallets, card payments, and staking. It is also well-regarded for its flexible interface, allowing users to personalize their trading experience by configuring modules for an efficient workflow.
The user-friendly mobile app supports all major activities, including spot, margin, and staking trades.
Pros
- A highly customisable platform that allows a smoother trading experience
- About 210+ cryptocurrencies available for trading
- Stands out for its competitively low fees (0.0-0.40% maker-taker fees)
- Strong security track record
Cons
- Some restrictions on specific cryptocurrencies (e.g., Monero)
- Customer service reviews are low
Fees
- Fees reduce as trading volume increases
9. Uphold — Best for Instant Transactions
Summary: Uphold is a suitable exchange for traders who want to diversify their portfolio with a listing of 250+ cryptocurrencies, multiple fiat currencies, and other assets.
Uphold, launched in 2015, supports a wide variety of assets, including 250+ cryptocurrencies, fiat currencies, and even precious metals. Uphold stands out in Estonia for its instant transfer capabilities and user-friendly rewards programs.
Its transparent fee structure and commitment to security also appeal to users navigating the local financial challenges.
Pros
- Supports 250+ cryptocurrencies
- Offers unique asset classes like metals
- Transparent fee structure with no hidden costs
- Regular promotions and rewards
Cons
- Lacks advanced trading features like futures or margin trading
- Relatively high withdrawal fees for crypto
Fees
- Trading fees: Typically ranging from 0.8% to 1.2% for crypto trades
- Deposits Fees: Fiat deposits are free, while crypto withdrawals incur a network fee
- Withdrawal Fees: Vary, depending on the asset. For example, cryptocurrency withdrawals incur a fixed fee of $2.99, plus standard miner fees
10. Bitstamp — Best for Different Trading Features
Summary: Bitstamp is a reliable and secure cryptocurrency exchange, known for its user-friendly platform, fiat support, and strong security features.
The most unique feature of Bitstamp is its longstanding reputation as one of the first regulated cryptocurrency exchanges globally. Founded in 2011, it has established itself as a secure and reliable platform, especially appealing to institutional investors due to its strong regulatory compliance, robust security measures, and focus on transparency.
This feature has made Bitstamp an admired exchange among Estonian traders. Plus the fact that it is a European-based exchange. Additionally, Bitstamp offers bank-grade security and seamless fiat-to-crypto trading with support for multiple fiat currencies, making it a top choice for traders looking for trustworthiness and ease of use in the crypto space.
It is ideal for both retail and institutional traders seeking a trustworthy environment for crypto transactions.
Pros
- Reputable and well-known exchange
- Easy to use
- Good customer support
Cons
- Fewer advanced tools
- Limited coins
Fees
- Trading Fee: 0.30% Maker and 0.40% taker fee.
- Deposit Fee: Bank transfers are generally free for SEPA users, but credit card payments carry a fee of up to 8%.
A detailed breakdown of the fees is as follows:
11. ByBit — Best for Active and Derivative Traders
Summary: Ideal for experienced traders, especially those familiar with derivatives trading with leverage.
ByBit has made a name for itself in advanced trading features, particularly derivatives trading with leverage. It has other features such as spot trading, advanced charting, and various order types. It also offers a mobile app, copy trading, and trading bots.
Founded in 2018, Bybit has witnessed an impressive growth rate as it has handled a massive volume of $60 billion in daily trades and serves over 40 million users worldwide.
Pros
- A diverse selection of cryptocurrencies and derivatives available for trading with leverage
- User-friendly platform and advanced trading tools
- Competitive fees
Cons
- Quite complex for beginners
- Customer support can be slow
- High-risk features like leverage trading need experience
Fees
- Trading Fee: Standard fee of 0.1% taker and maker fees for spot trading.
- Deposit Fee: Bank transfers have no fee, while card payments incur a 3.5% fee.
- Withdraw Fee: 2% (after the first 100 EUR monthly).
A detailed breakdown of the fees is as follows:
12. Pursa — Best for Anonymity
Summary: Pursa is well known for its anonymity, sleek escrow service, and enticing referral program.
Pursa is a crypto exchange where users can buy or sell cryptocurrencies anonymously. It supports a Bitcoin wallet to exchange fiat currencies and also has an escrow and a referral program.
This exchange offers deposits and withdrawals via local channels in Estonia, making it a suitable and preferred exchange among its citizens and other 230 countries.
Some of these channels include the Afriland First Bank, Airtel Money, Airtime Mobile Top Up, Bank Transfer, Cash Deposit to Bank, Ecobank, EUR Bank Transfer, MasterCard, MoMo, Moneybookers, Moov Money, MTN Mobile Money, Orange Money, PayPal, Perfect Money, Revolut, Skrill, TransferWise, US Bank Transfer, VISA or Wise.
Another amazing feature is the Pursa Escrow—an advanced solution that gives you the ability to set the price at which you want instant users to buy or sell bitcoin (BTC).
The referral program is also catchy as it offers 20% off Pursa’s fees on all referral sales and purchases, including all their future trades.
Pros
- Mobile-optimized website
- Decentralized escrow system
- Anonymity-centric
Cons
- Limited transparency regarding security measures
- No mobile application
Fees
- Maker-taker fees (0.05% – 0.25%)
13. Kriptomat — Best for User-Friendly Interface
Summary: Kriptomat is an excellent platform for beginners and casual traders, emphasizing accessibility, security, and simplicity.
Kriptomat is an Estonian-based crypto exchange that was founded in 2018. It is designed to make cryptocurrency trading accessible to everyone, especially beginners. It offers a user-friendly platform with straightforward processes for buying, selling, and managing cryptocurrencies.
This exchange supports over 400+ cryptocurrencies and multiple fiat currencies, providing various payment options like SEPA transfers, credit/debit cards, and third-party services like Skrill.
Pros
- Wide range of crypto assets
- Clear and straightforward fee structure with no hidden costs
- Multi-language support
- Multiple payment options
Cons
- Limited global availability
- Higher fees compared to the competition
- Lack of advanced trading options like leverage and algorithmic trading
Fees
- Spot trading: Fees are set during executing trades.
Why Use a Crypto Exchange in Estonia?
The real question is why shouldn’t you? If you’re an investor, you could patronize a custodian wallet or get a hardware wallet and store your assets. But here’s the thing: as a trader, you need a crypto exchange for on-the-go trading, keeping in mind the volatile nature of cryptocurrencies.
These crypto exchanges also offer flexibility and provide an avenue to use advanced trading tools to help you make better technical analysis and hence make better trade decisions. Crypto exchanges also have some cool incentives, such as affiliate and referral programs, that could be a source of revenue generation for you.
“Tell me and I forget, teach me and I may remember, involve me and I learn.”
— Benjamin Franklin, statesman and inventor.
This quote reflects how to learn better by learning on the job. The copy trading feature is taking this to a whole new level by providing an opportunity for a novice trader to mirror and replicate trades from experienced traders. This is, of course, all thanks to crypto exchanges that are making it possible.
A feature like Coinbase’s learn-to-earn opportunity is another advantage of using a crypto exchange, as it expands digital literacy.
Factors to Consider When Choosing an Exchange
Source: cdn.corporatefinanceinstitute.com
From the list above, it is quite evident there are numerous crypto exchanges around, so how do you know which is best to use?
Although I have hinted at the major strengths of these exchanges, here are some things you should still look forward to before making a decision:
Exchange Rates and Fees
The cheaper the better, right? Look out for exchanges with competitive fees, as this would save you a lot of money, especially if you trade regularly.
It is important to understand all the fees involved, including transaction fees, service charges, and any hidden costs.
Transparent providers will list all fees upfront to avoid any surprises. I would suggest you look out for such exchanges with nothing to hide.
Now, let’s apply this knowledge to a section of our previous table:
Exchange | Trading Fees | Max Leverage | |
Maker | Taker | ||
UEEx | 0.09% | 0.09% | 200x |
Binance | 0.1% | 0.1% | – Varies by asset- Up to 125x for Futures |
Bitpanda | Varies | Varies | 2x |
ZondaCrypto | 0.20% | 0.01% | N/A |
Coinmetro | 0.10% | 0.20% | 5x |
Coinbase | 0.40% | 0.60%, | Up to 20x |
CEX.io | 0.25% | 0.15% | 10x |
Kraken | 0.25% | 0.40% | 5x |
Uphold | Varies | Varies | 200x |
BitStamp | 0.30% | 0.40% | N/A |
ByBit | 0.1% | 0.1% | 100x |
Pursa | Varies (0.05% – 0.25%) | Varies (0.05% – 0.25%) | Varies |
Kriptomat | Varies | Varies | Varies |
From this table, it is evident that UEEx beats all other exchanges in terms of trading fees for makers and takers. Pursa, Binance and Bybit follow closely on the list. However, exchanges like Kriptomat and Uphold do not explicitly state these fees on their websites.
Users Reviews
In the words of Peter Drucker:
“The leader of the past knew how to tell. The leader of the future will know how to ask.“
Always ask about reviews of an exchange before making your pick. You can also simply read other users’ reviews on blogs, articles, and social media, or check out the reviews on Google Play Store and App Store.
Source: TrustPilot.com
Reputation
Look out for exchanges with a solid reputation. Remember, reputation quality is determined by how well an exchange is seen, understood, and trusted, and how different its offering is compared to its competitors.
Exchanges such as UEEx, Coinbase and Binance have built quite a reputation for themselves. Factors like the number of users, customer reviews, accountability, and transparency metrics should be top priorities while gauging an exchange’s reputation.
Security
In the crypto-verse, security is everything, as a slight data breach can be catastrophic. Always rule out exchanges with histories of data breaches from your list.
Look out for crypto exchanges with multiple-factor authentication, use of cold storage and other sophisticated security measures that will ensure the safety of your personal data and, most especially, your assets. Exchanges such as UEEx, Kraken and Binance top the board in this aspect.
Compliance to Regulation
Confirm that the exchange abides by all the legal frameworks set by the country where it operates. In the case of Estonia, there are regulations governing the activities of crypto exchanges. Look for exchanges that go by the books.
Incentives and Additional Services
From Coinbase’s learn-and-earn feature to UEEx’s UE coin miner app, most crypto exchanges have one or more additional services that are sometimes exclusive to them in a bid to be unique from their competition.
You could leverage these incentives to make more from your trading or investing experience.
Customer Support
Who do you run to when you have questions? The crypto space is filled with scammers who are looking towards exploiting traders and investors. This is why active and good customer support should be prioritized.
Preferably, a live chat or a few ‘minutes-in-between-response’ customer service options should be sought out. You never know when you will need an on-the-go reply, especially in this space when volatility is everything. The bull run speaks volumes.
Local Currency Acceptance and Crypto Availability
What currencies do you deal with, and what cryptocurrencies are you looking towards investing, buying, or selling? Is it available on a particular exchange? These are the questions you should be asking.
Also, look out for fiat-conversion mechanisms employed by the exchange. Is it flexible enough? Are there numerous options? Is it swift? Is there P2P?
If the exchange answers these questions to your satisfaction, I think you just found yourself a winner.
Getting Started With UEEx in Estonia
Trading on UEEx in Estonia is simple. Follow these steps to get started:
Open an Account
Visit the UEEx website and click on Sign Up at the top of the homepage. You’ll need to:
- Enter your email address or phone number with the country code.
- Create a strong password that’s unique to your account.
- If you have an invitation code, use it to receive a commission.
After signing up, you’ll get a verification code sent to your email or phone. Enter the code to confirm and activate your account.
Deposit Funds
Once your account is active, deposit funds to start trading:
- Go to the Asset Management section.
- Decide whether to deposit cryptocurrency or fiat currency.
- Under the Recharge section, select your preferred deposit method.
- Follow the on-screen instructions to complete the process.
Be aware that deposits take time to process, depending on the method used. Crypto deposits depend on block confirmations, while fiat deposits depend on bank processing times.
Buy Cryptocurrency
Now that your account is funded, you’re ready to trade:
- Click Trade next to your chosen asset.
- Choose an order type:
- Market Order: Buys or sells immediately at the current market price.
- Limit Order: Allows you to set a specific price for buying or selling.
- Enter the amount of cryptocurrency you want to buy or the amount of fiat currency you want to spend.
- Review your order, then click Buy or Sell to complete the transaction.
Transfer to a Wallet
For better security, move your cryptocurrency to a personal wallet you control:
- Hardware Wallets: Physical devices like Ledger or Trezor that keep your crypto offline.
- Software Wallets: Apps like MetaMask or Trust Wallet that allow you to manage your crypto digitally.
By transferring to a personal wallet, you ensure greater protection for your assets.
Are Crypto Exchanges Legal in Estonia?
Crypto exchanges are legal in Estonia. They are regulated under the Estonian Money Laundering and Terrorist Financing Prevention Act (AML Act) and Virtual Currency Service Providers Act.
Both locally-based and international crypto exchanges operate in the country, offering services to traders and investors.
However, users must comply with tax laws, and exchanges must implement KYC and AML requirements to ensure transparency and security.
Conclusion
Deciding which crypto exchange is best can be quite tricky in Estonia as it varies per user’s interests. However, the offerings of UEEx, Binance, and Bitpanda make them stand out from the rest.
Always remember to consider factors like security, fees, ease of use, reputation, compliance with regulation, and supported currencies before making your decision. With careful research and this guide as a starting point, you can confidently choose the right crypto exchange in Estonia.
Frequently Asked Questions (FAQs)
- What is the Best Exchange in Estonia?
UEEx tops the list because of its flexible and user-friendly dashboard that is easy to navigate by both beginners and experienced traders.
- What is the Most Popular Exchange in Estonia?
Binance’s reputation and the extensive listing of newer cryptocurrencies are making more Poles embrace it.
- Is Coinbase Available in Estonia?
Yes, Coinbase is available in Estonia.
- Is Binance Available in Estonia?
Yes, Binance is available in Estonia.
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