The top crypto exchange and trading platform in Ireland is listed in this article and have been analyzed by our crypto experts David, Malcolm, and Sandra who together have over 20 years of experience in the field of financial technology and crypto institutions.
Our team has analyzed over 30 platforms, 45 data points, and over 25 platform features to make the list as comprehensive as possible. By following a rigorous review process, our team has assembled a list of the most secure and user-friendly crypto brands of this year.
List of the best crypto exchanges Ireland
| Platform | Key Features | Fee | |
| 1. BYDFi | – Best for trading | 0.02% | Visit BYDFi |
| 2. Phemex | – Best crypto app | 0.05% | Visit Phemex |
| 3. BingX | – Good alternative | 0.06% | Visit BingX |
| 4. Coinbase | – High security | 0.50% | Visit Coinbase |
| 5. Binance | – Most altcoins | 0.10% | Visit Binance |
(This article is not financial advice. Research before investing. Some links are affiliate links, earning us a commission without extra cost for you. Our content remains unbiased regardless of affiliates.)
Quick summary
- BYDFi tops our list as the best crypto exchange and trading platform in Ireland, offering a blend of low fees, diverse trading instruments, and a user-friendly interface.
- Other platforms like Phemex, BingX, Coinbase, Binance, and Bybit each have unique features catering to various trading preferences, from anonymity and security to a wide range of trading instruments.
- Our review, conducted by seasoned crypto experts, provides a detailed analysis of each platform, helping you make informed decisions based on your individual trading needs and preferences.
What is the best crypto exchange and trading platform in Ireland?
Out of all the data points and features that our team analyzed, some of them carried more weight on the ranking of each platform, such as:
- Transaction fees
- Account security
- Support channels
- Deposit methods
- Customer satisfaction
- Trading tools
- Registration process
1. BYDFi review
BYDFi rating: 4.9/5.0 rating
Pros
- Diverse Trading Instruments
- High Leverage Options
- Advanced Trading Dashboard
- Low Slippage on Trades
- Robust Order Types
Cons
- Limited NFT Services
- No Staking Capabilities
At a glance
BYDFi, recognized as the best crypto trading platform in Ireland, offers Irish traders a comprehensive and secure environment for crypto trading. Launched in 2019, BYDFi stands out with its advanced trading features, including margin accounts and derivatives trading. With competitive fees and a focus on security, it’s an ideal platform for both beginners and seasoned traders.
Crypto enthusiast David tested BYDFi by depositing EUR 1400 using a debit card from AIB, a crypto-friendly Irish bank. He traded COIN-M perpetual swaps with 20x leverage, executing around 25 trades over two days.
The average trading fee was 0.03%, and he structured his trades to maximize profit while minimizing risk. David’s strategy paid off, yielding a 30% profit, which translates to EUR 420, after accounting for a total fee cost of approximately EUR 10.50. The standout feature for David was BYDFi’s intuitive trading interface, which simplified the complex process of leveraging trades.
BYDFi’s commitment to regulatory compliance in multiple jurisdictions, including the U.S., Singapore, Australia, and Estonia, sets it apart. This adherence to international standards not only enhances its credibility but also provides a layer of security and trust for users, a feature often overlooked in the crypto exchange landscape.
If you are a short-term trader, you may also want to take a look at the best crypto platform for short-term trading.
Fees
- Spot Trading: 0.1% to 0.3%
- Cryptocurrency Conversion: 0.1% to 0.15%
- Perpetual Contracts (Maker): 0.02%
- Perpetual Contracts (Taker): 0.06%
- Leveraged Tokens: 0.2%
2. Phemex review
Phemex rating: 4.8/5.0 rating
Pros
- Fiat on-ramps
- Quick Account Setup
- Global Accessibility
- Reduced Personal Data Exposure
- Next-level trading tools
- Ease of Use for Beginners
Cons
- Barrier to Certain Features
- Potential Regulatory Challenges
- Limited Fiat Transactions
At a glance
Phemex, established in 2019 in Singapore, has rapidly become the best crypto exchange in Ireland, especially for traders seeking to trade crypto contracts with leverage. It’s a platform that combines user-friendliness with robust functionality, making it ideal for both beginners and experienced traders. For traders interested in derivative markets, check out our list of the best crypto derivatives trading platforms.
Phemex stands out for its low fees, a wide range of over 200 cryptocurrencies, and a user-centric approach.
Our crypto enthusiast, Malcolm, made a Bitcoin deposit from a crypto wallet worth EUR 2500. He engaged in day trading, focusing on Bitcoin and Ethereum, using a strategy that involved analyzing market trends and making quick, short-term trades.
With an average trading fee of just 0.05%, Malcolm structured his trades to capitalize on small price movements. After accounting for fees, Malcolm realized a profit, highlighting Phemex’s efficiency and cost-effectiveness. The standout feature for Malcolm was the platform’s intuitive interface and the seamless trading experience. It’s considered a fast crypto trading platform due to its low latency and quick transactions.
Phemex stands out for its commitment to user empowerment and its innovative approach to blending traditional and decentralized finance. The platform’s focus on community and user participation, especially with its upcoming Phemex DAO, sets it apart from many competitors. This forward-thinking approach, combined with a user-friendly experience, makes Phemex a unique choice for our blog post.
Fees
- Spot Trading Fees: 0.1% for both makers and takers.
- Contract Trading Fees: 0.01% maker fee and 0.06% taker fee.
- No Deposit and Withdrawal Fees: Although a minimum Bitcoin network fee applies.
- VIP Program: Offers reduced fees based on trading volume.
3. BingX review
BingX rating: 4.7/5.0 rating
Pros
- Versatile Trading Options
- Copy Trading Feature
- No Mandatory KYC
- Extensive Cryptocurrency Selection
- User-Friendly Interface
Cons
- Withdrawal Limits for Unverified Accounts
- Complexity for Novice Traders
- Lack of Direct Fiat Support
At a glance
Phemex, renowned as the best alternative crypto exchange in Ireland, offers Irish traders a comprehensive platform for buying and trading cryptocurrencies. It’s designed to cater to both beginners and seasoned traders, providing a range of trading options and tools.
Phemex stands out for its user-friendly interface, competitive fees, and robust security measures, making it an ideal choice for those looking to engage in the crypto market.
BingX, established in 2018 in Singapore, has rapidly become a global player in the cryptocurrency exchange market.
With over 5 million users from 100 countries, BingX offers a versatile platform that caters to both novice and experienced traders. It stands out for its wide range of over 350 cryptocurrencies and diverse trading services, including spot, derivatives, copy, and grid trading.
The platform is particularly noted for its user-friendly mobile app, which has been downloaded over 1 million times, offering advanced trading tools and flexibility for trading on the go. However, it’s important to note that BingX is not accessible in certain countries, including the United States, China, and the UK.
Our crypto expert, Sandra, conducted a test on BingX by depositing EUR 1800 and making a Bitcoin deposit worth EUR 2500 from her crypto wallet. She utilized a copy trading strategy to trade Bitcoin and Ethereum, incurring an average trading fee of 0.04%.
Sandra structured her trades by diversifying between Bitcoin and Ethereum, taking advantage of market movements. The total cost of the fees amounted to EUR 0.72 (0.04% of EUR 1800), and she realized a profit, showcasing the efficiency and user-friendliness of BingX’s trading platform. The standout feature for Sandra was the platform’s intuitive copy trading function, which allowed her to leverage the strategies of experienced traders.
Fees
- Spot Trading Fees: 0.1% for major cryptocurrencies, 0.2% for altcoins.
- Futures Trading Fees: Maker fee of 0.045%, Taker fee of 0.075%.
- Withdrawal Fees: Varies depending on the cryptocurrency, generally competitive.
4. Coinbase review
Coinbase rating: 4.6/5.0 rating
Pros
- Euro Integration
- Bank Transfer Support
- Fiat-to-Crypto Variety
- Educational Resources
- Strong Security Measures
Cons
- Complex Fee Structure
- Regulatory Challenges
- Limited Insurance Coverage
At a glance
Coinbase, recognized as the best fiat-to-crypto exchange in Ireland, offers Irish traders a seamless gateway to the world of cryptocurrencies. It stands out for its user-friendly interface, making it ideal for those looking to convert Euro into various digital currencies.
With a robust platform supporting over 200 cryptocurrencies and more than 400 crypto-to-crypto trading pairs, Coinbase caters to both beginners and advanced traders. Its commitment to security, evident in its offline storage of assets and comprehensive insurance against cybercrime, adds to its appeal.
Moreover, Coinbase’s educational initiatives, like its “earn while you learn” program, further enhance its value proposition for Irish users.
Our crypto expert, David, conducted a hands-on test with Coinbase by depositing €2500 using a bank transfer from a crypto-friendly Irish bank. He strategically invested the amount in Bitcoin and Solana, leveraging Coinbase’s average trading fee of 0.50%.
The total cost of the fees amounted to €12.50 (0.50% of €2500). David’s trading strategy was well-structured, focusing on a mix of immediate and long-term gains. Impressively, he secured a profit, showcasing Coinbase’s efficiency and user-friendly trading environment.
The standout feature for David was the platform’s quick withdrawal option, allowing immediate access to funds post-purchase, a significant advantage for active traders.
Coinbase distinguishes itself with its commitment to user education and security.
The unique “earn while you learn” program is a testament to this, offering traders not just the tools but also the knowledge to succeed in the crypto market. This focus on empowering users through education, combined with robust security measures, makes Coinbase a standout choice in the crowded field of crypto exchanges.
Fees
| Fee Type | Amount |
| Trading Fee (Spread) | ~0.5% |
| Transaction Fee | Varies (e.g., $7.67 for a $200 Bitcoin purchase) |
| Advanced Trade Taker Fee | 0.08% – 0.80% (based on volume) |
| Advanced Trade Maker Fee | 0.00% – 0.60% (based on volume) |
5. Binance review
Binance rating: 4.5/5.0 rating
Pros
- High Liquidity
- Diverse Market Options
- Regular Updates and Innovations
- Robust Security Features
- International Accessibility
Cons
- Complex Interface for Beginners
- Regulatory Challenges
- Customer Service Issues
- Risk of Leveraged Trading
- Variable Withdrawal Fees
At a glance
Binance, renowned as the best altcoin exchange in Ireland, offers Irish traders a comprehensive platform for trading a diverse range of cryptocurrencies. Established in 2017, Binance has rapidly ascended to become a leading name in the crypto exchange world, supporting over 500 cryptocurrencies. It’s particularly favored for its competitive fees, making it an attractive option for both beginners and seasoned traders.
In a practical test, crypto expert Malcolm deposited EUR 900 using a debit card from a crypto-friendly Irish bank, AIB. He then strategically used EUR 900 to trade the three lowest-priced altcoins on Binance, which could include tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and VeChain (VET).
Over two days, Malcolm executed approximately 33 trades, resulting in a 12% profit, with an average trading fee of 0.10%. The total cost of the fees amounted to around EUR 2.97, and the profit earned was approximately EUR 108. The standout feature for Malcolm was the user-friendly interface that facilitated efficient trading.
Binance stands out for its commitment to providing a diverse and comprehensive trading experience. What particularly impresses us is the platform’s balance between advanced trading features and user-friendly design. This unique combination makes it suitable for a wide range of traders, from novices to experts, which is a rare find in the crypto exchange landscape.
If you’re specifically into altcoins, check out our review of the best altcoin exchanges as well.
Fees
| Fee Type | Amount |
| Trading Fee (Spot) | Starts at 0.1% |
| Withdrawal Fee | Varies with currency |
| Deposit Fee | Free for most methods |
| Credit/Debit Card Purchase | Up to 4.5% |
What is an Irish crypto exchange?
An Irish crypto exchange is a digital marketplace specifically catering to the needs of cryptocurrency traders and investors in Ireland. These platforms enable users to buy, sell, and trade a variety of cryptocurrencies such as Bitcoin, Ethereum, and many others, using Euros or other currencies.
What sets Irish crypto exchanges apart is their compliance with Ireland’s regulatory frameworks, ensuring a secure and legal environment for crypto transactions.
From a user’s perspective, these exchanges offer a gateway to the dynamic world of digital currencies, tailored to the local context. As someone who has navigated various platforms, I’ve noticed that Irish exchanges often provide user-friendly interfaces, making them accessible even to beginners in the crypto world. They also offer educational resources to help users understand the complexities of cryptocurrency trading.
How to choose crypto trading platform in Ireland
Selecting the right cryptocurrency trading platform in Ireland involves considering several key factors:
- Security: Opt for platforms with robust security measures like two-factor authentication and secure storage of funds.
- User Experience: A user-friendly interface is crucial, especially for beginners. Simple navigation and clear instructions are key.
- Fees: Understand the fee structure, including transaction, withdrawal, and deposit fees, as they affect your returns.
- Cryptocurrency Variety: Choose platforms offering a wide range of cryptocurrencies for more trading flexibility.
- Customer Support: Good customer service is essential. Look for platforms known for responsive and helpful support.
- Regulatory Compliance: Ensure the platform adheres to Irish regulations for safety and legitimacy.
- Trading Tools: Consider platforms with advanced trading tools, real-time data, and educational resources.
- Reputation: Research user reviews and testimonials to gauge the platform’s reputation in the crypto community.
- Payment Methods: Platforms should offer convenient deposit and withdrawal methods, like bank transfers and credit cards.
- Mobile App: A reliable mobile app is beneficial for trading on the go.
Is crypto legal in Ireland?
Yes, engaging in cryptocurrency transactions and holding digital assets is legal in Ireland. The country recognizes the increasing relevance of crypto in the global financial landscape and has taken steps to regulate its use to ensure safety and compliance with international standards.
From an expert’s perspective, it’s important to note that the Central Bank of Ireland does not recognize cryptocurrencies as legal tender. However, this stance does not impede the legal use of cryptocurrencies for trading, investing, or purchasing goods and services where accepted.
The regulatory environment is evolving, with an emphasis on anti-money laundering (AML) and countering the financing of terrorism (CFT) compliance.
How to buy crypto in Ireland
Buying cryptocurrency in Ireland is simple and accessible.
Here’s a quick guide:
- Select a Crypto Exchange
- Register and Verify
- Deposit Funds
- Purchase Cryptocurrency
- Secure Storage
- Stay Informed and Diversify
Pros and cons of investing in crypto
Pros:
- Global Transactions
- Inflation Hedge
- Ownership and Control
- Transparency
- Innovation in Financial Services
Cons:
- Lack of Consumer Protections
- Market Manipulation
- Limited Mainstream Acceptance
- Taxation and Legal Issues
- Dependency on Technology
How we rate and review crypto exchanges
In reviewing crypto exchanges in Ireland, we focus on what matters most to users. Our team, comprised of crypto market experts, evaluates each platform through hands-on experience, providing evidence like screenshots and transaction records to support our insights.
We rate exchanges on key factors such as fees, security, user interface, asset variety, and customer support. Our reviews highlight the unique strengths and weaknesses of each platform, comparing them to their competitors.
We also explore the evolution of these platforms, their pros and cons, and suggest alternatives suitable for different user needs. When recommending the ‘best’ exchange, we back it up with solid evidence from our experiences.
FAQ
Is Coinbase available in Ireland?
Yes, Coinbase is available in Ireland, offering a user-friendly platform that’s ideal for beginners in cryptocurrency trading.
Is Binance available in Ireland?
Binance operates in Ireland, providing a wide range of cryptocurrencies and advanced trading features suitable for experienced traders.
Is Bybit available in Ireland?
Bybit is accessible in Ireland, known for its intuitive interface and strong focus on crypto derivatives trading.
Is BYDFi available in Ireland?
BYDFi is available in Ireland and traders can deposit Euro to buy and trade cryptocurrencies.
Is Phemex available in Ireland?
Phemex is available for users in Ireland, offering a mix of spot and derivatives trading options.
What is the safest crypto exchange in Ireland?
The safest crypto exchange often depends on individual needs, but Coinbase is frequently praised for its strong security measures and user-friendly interface, making it a top choice for many in Ireland.
How do I withdraw money from Binance Ireland?
To withdraw money from Binance in Ireland, go to your wallet, select ‘Withdraw’, choose the currency and withdrawal method, enter the amount, and follow the prompts to complete the transaction.
Conclusion
In conclusion, after an extensive and thorough analysis, it’s clear that BYDFi stands out as the best crypto exchange and trading platform in Ireland. This platform excels not only in its low transaction fees and advanced trading features but also in its commitment to security and user experience.
BYDFi’s diverse trading instruments, high leverage options, and an advanced trading dashboard set it apart from its competitors, making it the top choice for Irish traders.
While BYDFi leads the pack, the other platforms we reviewed – Phemex, BingX, Coinbase, Binance, and Bybit – also offer unique advantages that cater to different trading needs and preferences.
Each platform has its strengths, whether it’s Phemex’s anonymity, BingX’s versatile trading options, Coinbase’s strong security measures, Binance’s diverse market options, or Bybit’s advanced trading tools.
For those looking for platforms beyond Ireland, check out our other recommendations:
- Best crypto trading platforms in Canada
- Best Swiss crypto trading platform
- Best Mexican crypto trading platform
- Malaysian crypto trading platform
- Swedish crypto trading platform
- Crypto trading platform in Norway
- Crypto trading platform in Japan
- Best crypto exchange in Europe
About the authors of the article
This comprehensive review of Ireland’s top crypto exchanges and trading platforms is brought to you by David, Malcolm, and Sandra.
Our team, with over 20 years of combined experience in financial technology and crypto institutions, is dedicated to providing insightful and reliable information in the crypto space.
We leverage our expertise to analyze and evaluate each platform meticulously, ensuring that our readers receive the most accurate and up-to-date information.