Trading cryptocurrency is legal in Norway, although it isn’t totally regulated and has to operate within the confines of Norwegian statutory law. While crypto isn’t unregulated, users must adhere to certain legal frameworks while engaging in transactions.
Norwegians have to make use of exchanges with fair fees, solid security, and reliable customer support to make sure they are getting the best out of their investments.
This article is all about getting you oriented on the best crypto exchanges in Norway for 2025. We’ll guide you through top platforms offering optimal features to suit both new and experienced traders. Now, let’s explore the best options for you.
Recommended reading: Best Crypto Exchanges in Jordan 2025
Key Takeaways
- Crypto exchanges in Norway are legal and must comply with AML and CTF regulations, ensuring user protection.
- Factors like fees, security measures, fiat support, and cryptocurrency variety significantly impact exchange selection.
- Regulated platforms like NBX offer added trust through compliance with Norwegian Financial Supervisory Authority standards.
- Exchanges such as Binance and BYDFi provide diverse cryptocurrency options and advanced trading features for different user needs.
- UEEx offers a streamlined onboarding process and competitive fees, making it an excellent choice for Norwegian traders.
Top Crypto Exchanges in Norway
| Exchange | Trading Fees | Best For | Max Leverage | Available Assets | Fiat Support– Norwegian Krone (NOK) | Security Features | Unique Features |
| UEEx | Spot Trading: 0.09% Futures Trading: 0.05% Margin Trading: 0.08 %-0.10% Stock Trading: 1.50% | Best Overall | 200x | 300+ | No | Cold storage, Proof of ReserveTwo factor authentication. | $5 billion in managed assets and the UEEx Coin Miner App Copy trading feature 2000 Unique deposit addresses |
| NBX | 0.7% (70 basis points) maker/taker | High Security and Funds Protection | N/A | 9+ | Yes | Proof of reservesCold and hot-wallet storage | Dual wallet system Over-the-counter (OTC) desk for high-volume trades Fiat funds up to 2,000,000 NOK under the Norwegian Banks’ Guarantee Fund |
| Binance | Trading Fees: 0.1000% / 0.1000% Maker / Taker for Spot and margin (Fees may vary as the level increases) | Beginners and Experienced Traders | 125x | 350+ | Yes | Offline cold storage, two-factor authentication, multi-signature and threshold signature schemes (TSS) and Advanced Data Encryption | P2P trading, Binance Earn, Launchpad and an NFT marketplace. |
| Firi | 0.7% | Safe & Easy Trading | N/A | 19+ | Yes | Hot and Cold storage and two-factor authentication | Referral program rewarding users with NOK 100 in Bitcoin for successful invites. Free tax calculator and a savings plan to help you invest consistently |
| BYDFi | Spot Trading Fees: 0.1% maker/taker Perpetual Contracts Fees: 0.06% taker, 0.02% Maker | Wide Selection of Altcoins | 200x | 600+ | Yes | Cold and hot wallet Proof of reserves with a 100% reserve ratio | Copy trading and trading bots for passive income BYD points for access to airdrops AI-powered ID verification Demo trading to improve skills |
| Gemini | Spot Trading Fees: 0.40% Taker Fee, 0.20% Maker Fee Perpetual Fees: 0.07% Taker Fee, 0.02% Maker Fee | Highly-Regulated Cryptocurrency Exchange | N/A | 70+ | No | Two-factor authentication and hardware security keys. SOC1 Type 2 and SOC2 Type 2 certified security | eOTC, a full-service crypto solution designed for institutions. Staking with up to 4.78% APR. It is a full-reserve exchange and custodian. |
UEEx – Best Overall
As a leading exchange in Norway, UEEx offers an exceptional platform for cryptocurrency trading with over 21 million users worldwide and access to 300+ trading pairs. Launched in December 2020, UEEx has quickly gained trust for its reliability and versatility, providing users with a variety of options such as spot trading, leverage trading, crypto loans, and more.
It supports over 10 fiat currencies, including USD, JPY, and KRW, ensuring flexibility for Norwegians. With a commitment to security, UEEx offers strong privacy measures, unique deposit addresses, and a 100% repay promise for lost funds due to security breaches. This makes UEEx the top choice for traders in Norway seeking reliability and protection.
Pros
- Offers quick crypto transactions with multiple payment methods, including Apple Pay and Visa.
- Supports over 10 fiat currencies, providing flexibility for global users.
- Features competitive trading fees and exclusive VIP rights.
- Implements advanced security measures and a SAFT fund to protect assets.
- Ensures superior liquidity with a 100% repay promise for losses due to system issues.
- Provides convenient trading through the UEEx app for on-the-go access.
- Includes UE Coin as a native token, enhancing the platform’s ecosystem and payment options.
Cons
- Availability of services may vary depending on regional regulations.
- Heavy reliance on internet connectivity, making offline accessibility impossible.
Fees and Deposits
Spot Trading
With a competitive fee of 0.09%, traders can maximize their profits on every transaction on UEEx.
Futures Trading
UEEx offers a low fee of 0.05% making it cost-effective for advanced traders.
Margin Trading
UEEx margin fees range from 0.08% to 0.10%, which remains accessible while providing flexibility based on trading volume.
Stock Trading
This platform offers a stock trading fee of 1.50%.
Deposit Fee
Depositing funds into your account is completely free.
NBX – Best Crypto Exchange With High Security and Funds Protection
Headquartered in Oslo, Norwegian Block Exchange(NBX) is a leading crypto exchange offering top-tier security and robust fund protection for users in Norway and the Nordics. Registered and supervised by the Financial Supervisory Authority of Norway (Finanstilsynet), NBX ensures compliance with regulatory standards.
NBX provides free deposits, a low 0.7% trading fee, and supports multiple currencies, including NOK, EUR, SEK, and DKK. Customers benefit from segregated accounts, safeguarding crypto and fiat funds up to 2,000,000 NOK under the Norwegian Banks’ Guarantee Fund. With cold- and hot-wallet storage and Bitcoin cashback via its Visa card, NBX combines convenience with security.
Pros
- Customer deposits are guaranteed up to 2,000,000 NOK by the Norwegian Banks’ Guarantee Fund.
- Funds are stored securely in segregated client accounts, separate from corporate funds.
- Dual wallet system offers added security with both cold-wallet and hot-wallet storage.
- Supports deposits in EUR, NOK, SEK, and DKK via bank transfer or card.
- Proof of reserves ensures transparency and customer trust.
- Mobile apps allow users to trade and monitor their portfolio anytime, anywhere.
- Referral program rewards users with up to €15 in Bitcoin per successful signup.
- Low 0.7% trading fees make transactions cost-effective.
- Offers an over-the-counter (OTC) desk for high-volume trades
Cons
- Limited selection of cryptocurrencies (9+) compared to larger global exchanges.
- Doesn’t support leverage trading
- Cashback rewards are restricted to the NBX Visa credit card, requiring a signup process.
- Availability primarily caters to users in Norway and the Nordics, limiting global appeal.
Fees and Deposits
- Trading Fees: 0.7% (70 basis points) maker/taker
- Card/Vipps Payments: 0.7% trading fee(taker) and a 4.5% commission fee on their end, although additional fees may be charged by the card provider.
- Deposits: Free
- Withdrawal: Vary by cryptocurrency. For example, withdrawing BTC attracts a fee of 0.0001 BTC and ETH attracts a fee of 0.0025 ETH
Binance – Best Crypto Exchange for Beginners and Experienced Traders
Binance is a leading cryptocurrency exchange, trusted by millions globally, including users in Norway. Launched in 2017, it has grown rapidly to become the largest exchange by trading volume. Offering over 350 cryptocurrencies, Binance provides low fees and robust tools for both beginners and experienced traders.
Norwegian users can trade cryptocurrencies on Spot, Margin, and Futures markets, buy and sell via Binance P2P, and earn rewards with Binance Earn. Features like Launchpad and NFT marketplace add further value. With verified proof of reserves, no debt, and an emergency SAFU fund, Binance prioritizes user security, making it a reliable choice in Norway.
Pros
- User assets are fully backed with a transparent 1:1 proof-of-reserves system.
- Comprehensive learning resources are available through Binance Academy and Binance Research.
- Advanced security measures ensure a secure trading environment.
- 24/7 multilingual customer support is provided.
- Strict regulatory compliance enhances platform trust.
- Supports over 50 fiat currencies for flexible transactions.
- Multiple payment options are available via P2P trading.
Cons
- Faces legal challenges in some regions.
- The user interface may seem overwhelming for beginners.
Fees and Deposits
- Trading Fees: 0.1000% / 0.1000% Maker / Taker for Spot and margin (Fees may vary as the level increases)
- Deposit Fee: Free for crypto deposits and varies for fiat deposits
- Can earn rewards by using Binance’s coin (BNB) for fees
- Withdrawal Fee: Vary with each cryptocurrency
Firi – Best Crypto Exchange For Safe & Easy Trading
Founded in 2017 by Thuc Tuan Hoang and Øyvind Kvanes, Firi has grown to become one of the largest cryptocurrency exchanges in the Nordics. With over 315,000 users across the region, Firi offers a secure and user-friendly platform for trading and saving in more than 19 cryptocurrencies.
Registered with Finanstilsynet, Firi ensures compliance with Norwegian regulations, offering peace of mind for users.
Firi provides tools like a free tax calculator and a savings plan to help you invest consistently and manage your crypto finances effectively. With advanced security measures, including cold storage and two-factor authentication, Firi prioritizes safety for all users.
Pros
- Offers both hot and cold storage for enhanced fund security.
- Requires two-factor authentication for all accounts using BankID or authentication apps such as Google authenticator or Authy (Norway).
- Provides a referral program rewarding users with NOK 100 in Bitcoin for successful invites.
- Rewards users with Ethereum and Cardano for completing initial app activities.
- Supports quick registration and information transfer via Vipps.
- Enables fast and secure deposits through open banking.
- Features a user-friendly mobile app for convenient crypto management.
Cons
- Limited cryptocurrency selection with support for only 19+ coins.
- Requires users to be over 18 years old and have BankID/MitID for account verification.
- Charges relatively higher fees, such as 3.9% for direct purchases via Vipps, Apple Pay, or card.
Fees and Deposits
- Deposit From Bank Account: Free
- Deposit by Vipps, Apple Pay or Card: 3.9% fee with minimum deposit of 100 kroner
- Trading Fees: 0.7%
- Withdrawal to Bank Account: 69 kroner with minimum withdrawal of 500 kroner
- Crypto Withdrawal Fee: Vary by cryptocurrency. For example 0.0001 BTC for BTC withdrawal and 9 USDT for USDT withdrawal.
BYDFi – Best Crypto Exchange With Wide Selection of Altcoins
Supporting over 600+ altcoins and 90+ fiat currencies, including the Norwegian Krone (NOK), BYDFi is an excellent choice for crypto enthusiasts in Norway. Founded in 2020, BYDFi caters to users in 150+ countries, offering advanced features like spot trading, derivatives, and leveraged tokens with up to 200x leverage.
With AI-powered ID verification, cold and hot wallet separation, and regular audits, BYDFi prioritizes security to safeguard user funds.
Norwegian users can also benefit from copy trading, trading bots for passive income, and a P2P marketplace for direct transactions. BYDFi combines accessibility with innovation to meet the needs of Norway’s crypto community.
Pros
- Supports demo trading to improve skills without financial risk.
- Includes trading bots for easy passive income generation.
- 24/7 customer supports
- Offers a welcome reward of up to 20 USDT upon registration.
- Provides proof of reserves with a 100% reserve ratio for transparency.
- Features AI-powered ID verification and transaction security measures.
- Enables earning BYD points for access to airdrops and other rewards.
- Facilitates copy trading to simplify strategy implementation.
Cons
- Requires third-party services for payment processing, which may add complexity.
- Most service providers charge transaction fees for crypto purchases, potentially increasing costs.
- High leverage up to 200x can amplify losses, making it risky for inexperienced traders.
Fees and Deposits
- Spot Trading Fees: 0.1% maker/taker
- Perpetual Contracts Fees: 0.06% taker, 0.02% Maker
- Leveraged Tokens: 0.2%
- Management Fee: Charged daily at 0.03%
- Deposit Fees: Free
- Withdrawal Fees: Vary by cryptocurrency. Fees of 0.5USDT and 1 USDT are charged on BEP20 (BSC) and TRC20 networks respectively for USDT withdrawal.
Gemini – Best Highly-Regulated Cryptocurrency Exchange
Gemini was founded in 2014 and is a leading cryptocurrency exchange offering a highly-regulated platform for users in Norway. Operating in over 70 countries, Gemini is recognized for its robust security, compliance, and user-focused features.
It is the first crypto exchange to achieve SOC1 Type 2 and SOC2 Type 2 certifications, providing peace of mind for traders. With features like staking, an advanced trading platform, and the Gemini Dollar (USD-backed stablecoin), Norwegian users can buy, sell, and store digital assets with confidence. New users receive $15 in bitcoin when trading $100 or more within their first 30 days.
Recommended reading: Best Crypto Exchanges in Malta (2025)
Pros
- Features Gemini Dollar, a secure USD-backed stablecoin for seamless transactions.
- Provides an advanced trading platform through ActiveTrader, catering to experienced users.
- Enhanced security with two-factor authentication and hardware security keys
- Fully-backed exchange and custodian with secure reserves
- Provides eOTC, a full-service crypto solution designed for institutions.
- Intuitive and easy-to-use interface for seamless navigation
- Fast and reliable customer support
- Allows users to earn up to 4.16% APR by staking their crypto.
- Advanced trading tools and detailed charts for in-depth analysis
- Access to over 487 trading pairs for diverse options.
Cons
- Limited range of cryptocurrencies, with just over 70 available
- Some features, like ActiveTrader, may not be available in all regions.
Fees and Deposits
- Spot Trading Fees: 0.40% Taker Fee, 0.20% Maker Fee
- Gemini Stablecoin Fee: 0.01% Taker Fee, 0.00% Maker Fee
- Fiat Transfer Fees: Free for all methods of transfer except PayPal with 2.50% of the total deposit amount
- Fiat Withdrawal Fees: $25 for USD wire transfer and free for every other method
- Crypto Transfer Fees: Free
- Perpetual Fees: 0.07% Taker Fee, 0.02% Maker Fee
Factors to Consider When Choosing a Crypto Exchange in Norway
Here are some key factors to consider before you choose a crypto exchange in Norway:
Regulation and Compliance
Choosing a regulated exchange is crucial for ensuring compliance with Norwegian laws. Exchanges like NBX are registered and supervised by the Financial Supervisory Authority of Norway (Finanstilsynet), providing users with added trust and legal protection. A regulated platform helps ensure your investments are managed securely and transparently.
Fees and Costs
| Exchange | Trading Fees | Deposits | Withdrawals |
| UEEx | Spot Trading: 0.09% Futures Trading: 0.05% Margin Trading: 0.08 %-0.10% Stock Trading: 1.50% | Free | Vary by cryptocurrency. Charges 0.002 BTC for BTC withdrawal on Bsc network and 1 USDT on both TRC20 and BSC network to withdraw USDT |
| NBX | 0.7% (70 basis points) maker/taker | Free or 0.7% trading fee(taker) and a 4.5% commission fee on Card/Vipps Payments, although additional fees may be charged by the card provider. | Vary by cryptocurrency(withdrawing BTC attracts a fee of 0.0001 BTC and ETH attracts a fee of 0.0025 ETH) |
| Binance | Trading Fees: 0.1000% / 0.1000% Maker / Taker for Spot and margin (Fees may vary as the level increases) | Free for cryptocurrencies. Fees for fiat deposits vary depending on the chosen payment method and currency. | Vary by crypto. |
| Firi | 0.7% | Free for bank account, 3.9% fee on Vipps, Apple Pay or Card | 69 kroner fee to bank account Vary by cryptocurrency(0.0001 BTC for BTC withdrawal and 9 USDT for USDT withdrawal) |
| BYDFi | Spot Trading Fees: 0.1% maker/taker Perpetual Contracts Fees: 0.06% taker, 0.02% Maker | Free | Vary by cryptocurrency. Fees of 0.5USDT and 1 USDT are charged on BEP20 (BSC) and TRC20 networks respectively for USDT withdrawal. |
| Gemini | Spot Trading Fees: 0.40% Taker Fee, 0.20% Maker Fee Perpetual Fees: 0.07% Taker Fee, 0.02% Maker Fee | 2.50% fee using Paypal. Crypto deposit and other methods remain free. | $25 for USD wire transfers when withdrawing fiat, while other withdrawal methods remain free. |
Transaction fees can significantly impact your overall trading profits. For example, UEEx charges a low futures trading fee of 0.05%-0.09%, making it more cost-effective than Firi, which charges a higher 0.7% fee on trades. Look for platforms with clear and competitive fee structures that align with your trading habits.
Supported Fiat Currencies
| Exchange | Fiat Support– Norwegian Krone (NOK) |
| UEEx | No |
| NBX | Yes |
| Binance | Yes |
| Firi | Yes |
| BYDFi | Yes |
| Gemini | No |
For Norwegian users, exchanges that support NOK are essential for convenience and cost efficiency. Platforms like NBX, Binance, Firi, and BYDFi allow users to deposit and withdraw funds in NOK, eliminating the need for costly currency conversions and making the trading process more straightforward.
Security Measures
| Exchange | Security Features |
| UEEx | Cold storage, Proof of ReserveTwo factor authentication. |
| NBX | Proof of reservesCold and hot-wallet storage |
| Binance | Offline cold storage, two-factor authentication, multi-signature and threshold signature schemes (TSS) and Advanced Data Encryption |
| Firi | Hot and Cold storage and two-factor authentication |
| BYDFi | Cold and hot wallet Proof of reserves with a 100% reserve ratio |
| Gemini | Two-factor authentication and hardware security keys. SOC1 Type 2 and SOC2 Type 2 certified security |
Security is a critical factor when dealing with cryptocurrencies. UEEx employs two-factor authentication and SAFT funds for asset protection.
Similarly, NBX and BYDFi use a combination of cold and hot wallet storage alongside two-factor authentication, while Gemini implements proof-of-reserves to ensure asset transparency. Evaluate the security features of an exchange before committing.
Available Cryptocurrencies
| Exchange | Available Assets |
| UEEx | 300+ |
| NBX | 9+ |
| Binance | 350+ |
| Firi | 19+ |
| BYDFi | 600+ |
| Gemini | 70+ |
The variety of cryptocurrencies offered can influence your choice of platform. Binance provides access to over 350 cryptocurrencies, while BYDFi offers an even broader selection of 600+. In contrast, Firi supports only 19+ cryptocurrencies, which may limit your trading options. Choose an exchange that meets your portfolio diversification goals.
Leverage and Liquidity
| Exchange | Max Leverage |
| UEEx | 200x |
| NBX | N/A |
| Binance | 125x |
| Firi | N/A |
| BYDFi | 200x |
| Gemini | N/A |
Leverage allows traders to amplify their positions, and liquidity ensures smooth transactions without significant price slippage. BYDFi and UEEx offer leverage up to 200x, catering to experienced traders seeking higher returns. Consider these factors, especially if you engage in frequent or high-volume trades.
User Experience and Features
| Exchange | Unique Features |
| UEEx | $5 billion in managed assets and the UEEx Coin Miner App Copy trading feature Unique deposit addresses |
| NBX | Dual wallet system Over-the-counter (OTC) desk for high-volume trades Fiat funds up to 2,000,000 NOK under the Norwegian Banks’ Guarantee Fund |
| Binance | P2P trading, Binance Earn, Launchpad and an NFT marketplace. |
| Firi | Referral program rewarding users with NOK 100 in Bitcoin for successful invites. Free tax calculator and a savings plan to help you invest consistently |
| BYDFi | Copy trading and trading bots for passive income BYD points for access to airdrops AI-powered ID verification Demo trading to improve skills |
| Gemini | eOTC, a full-service crypto solution designed for institutions. Staking with up to 4.78% APR. It is a full-reserve exchange and custodian. |
An intuitive user interface and additional features can significantly enhance your trading experience. Exchanges like Binance and Gemini provide advanced trading tools, mobile apps, and staking options for earning passive income.
In addition, UEEx copy trading features can allow you to mimic the strategy of top traders to help you manage risks effectively and maximize profits.
How to Start Trading on UEEx in Norway
Below is the easy way to start trading on UEEx in Norway:
Open an Account
Go to the UEEx website and navigate to the top right corner of the homepage, where you’ll see the “Sign Up” button. Click on it. On the next page, fill in your details, including your phone number or email, a secure password, and an invitation code (if you have one) for commissions. Once done, click on “Sign Up.”
You’ll receive a verification code sent to your email or phone. Enter this code to confirm and activate your account. You’re now ready to start trading on UEEx!
Deposit Funds
To start trading immediately, go to the “Asset Management” section of the UEEx platform. In this section, find the “Recharge” option under your selected asset and choose the cryptocurrency or fiat option you prefer.
Follow the on-screen instructions to complete the deposit process. The time it takes for your deposit to clear will depend on the cryptocurrency or fiat currency you use, as well as the required block confirmations or deposit processing time. Once your funds are deposited, you’re all set to begin trading!
Start Trading
Now that you have successfully funded your account, it’s time to start trading. Simply click “Trade” next to your chosen asset. You’ll then need to choose an order type:
- Market Order: This option buys or sells immediately at the current market price.
- Limit Order: With this, you can set a specific price for buying or selling.
The next thing is to enter the amount of cryptocurrency you want to buy or the fiat currency you wish to spend. Once you’ve reviewed your order, click “Buy” or “Sell” to complete the transaction and start trading!
Are Crypto Exchanges Legal in Norway?
Yes, crypto exchanges are legal in Norway. They must comply with Norwegian statutory laws and are regulated under anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.
Read Also: History of Top Cryptocurrency Exchanges
Exchanges like NBX are registered with the Financial Supervisory Authority of Norway (Finanstilsynet), ensuring adherence to local laws. While cryptocurrency itself is not fully regulated, using authorized exchanges offers users a secure and lawful way to trade digital assets. Here’s a more detailed explanation on the legality of crypto in Norway.
Conclusion
UEEx comes out on top as the best crypto exchange in Norway, offering features like copy trading, low fees, and advanced security measures to enhance the trading experience.
That being said, other platforms like NBX, Binance, and Firi cater to specific needs, such as high security, broad cryptocurrency options, and ease of use. Each exchange brings unique benefits, making it essential to evaluate your priorities, from fees to supported currencies and features.
So, carefully assess the options to choose a crypto exchange that aligns with your goals and provides a secure, efficient platform for your investments.
Frequently Asked Questions
Yes, Norwegians can use Coinbase to buy, sell, and store cryptocurrencies. However, Coinbase does not currently support the Norwegian Krone (NOK) for transactions, so users may need to convert their funds into supported currencies.
To purchase crypto in Norway, go to the UEEx website, create an account by signing up with your email or phone number, and verify your identity. Deposit funds into your account using NOK or other supported payment methods.
Once your funds are deposited, navigate to the trading section, select your desired cryptocurrency, choose an order type (market or limit), and complete the purchase.
Yes, Trust Wallet is available in Norway. It allows users to store, send, and receive cryptocurrencies securely while supporting various blockchain networks.
There are lots of crypto apps available in Norway. But the UEEx app works perfectly with easy navigation, low fees, and advanced features like copy trading.
Is Crypto Legal in Norway?
