Best crypto exchanges in Denmark

Find out the most popular and best crypto exchanges in Denmark. Learn about the fees, interests, security features, and more!

Cryptocurrency became popular among investors within a short time because it promises huge profits. But various people have doubted the credibility of some crypto trading platforms because some systems are easy to hack. Since no one wants to lose their funds, every crypto investor needs to search for trustworthy crypto exchanges. Here is the list of the 10 best crypto exchanges in Denmark.

Binance

Malta-based Binance was founded in 2017 in China. The platform is one of the most accessed crypto trading exchanges in the world. In San Francisco, the Binance US platform was created for residents of the United States. Investors can use the website to purchase and sell cryptocurrencies. Although Binance charges 0.1% on trades, you can earn interest on coins by stalking them. The interest rate is between 0.5 to 10%. There are various methods to buy crypto from Binance, including bank transfers, credit/debit cards, and bank deposits. Those who choose a debit card to make a deposit will be charged a 4.5% fee on every purchase.

Coinbase

Coinbase was founded in San Francisco in the year 2012. Residents from more than 103 countries can access the platform. This crypto exchange is trusted by over 30 million users worldwide. The website is best for new investors who don’t have any previous experience in trading cryptocurrency. The company has included data and graphs to help beginners looking to learn the ropes and invest in currencies that can provide a profit. The most used payment methods in the Coinbase platform are PayPal, credit/debit card, bank deposits, and bank transfer payments. But the exchange generally charges around $0.99-$2.99 for every purchase under $200. Moreover, you might be required to pay an additional 0.5% fee based on the traded amount.

Kraken

US-based Kraken was founded in the year 2011, and it was re-launched after 2 years. Since the exchange provides more than 50 cryptocurrencies, you have tons of options to choose from to add to the wallet. There are three types of accounts that a user can create in Kraken. Those who use a starter account can deposit, withdraw, and exchange cryptocurrencies. This account is perfect for the beginner who is not regularly trading. Other than start account, there are intermediate, and pro accounts for experienced traders. Average trade fees are between 0.9 to 1.5% based on trade amount. Compared to other crypto exchanges, this platform is considered cheaper and user-friendly.

eToro

eToro was launched in 2007 as a social trading exchange. Currently, the company has its headquarters in London. More than 17 million people around the world access the platform. eToro has made trading possible for residents of over 100 countries on their website. In 2018, the organization decided to launch eToro as a cryptocurrency-only platform in the US. The exchange provides 6 crypto coins for investors for trading, including Litecoin, XLM, XRP, Ethereum, Bitcoin Cash, and Bitcoin. Although they still didn’t include more cryptocurrencies, the platform is best for investors to buy popular currencies. Those who buy cryptocurrencies worth $1000 on eToro gets the opportunity to earn a $50 bonus.

Crypto.com

Crypto.com, established in Hong Kong in the year 2016 is a well-known cryptocurrency platform that lets users buy, sell, and spend currencies. The exchange is particularly accessed because it charges comparatively fewer fees between 0.04 to 0.20%. Moreover, the investors are allowed to use a non-custodial DeFi wallet that comes with its own application. While using the wallet, the users can connect that account with the primary one to easily transfer funds. Crypto.com additionally provides a Crypto Earn program where investors can stake their currencies for 1 or 3 months of renewable period. This program helps the user earn interest of up to 12%.

Coinmama

Coinmama was founded in the year 2013 and is spread over 188 countries. More than 2 million people use the platform worldwide as a cryptocurrency brokerage. Compared to exchanges, investors buy cryptocurrencies from brokerages. This platform provides around 10 cryptocurrencies like Bitcoin, Ethereum, Litecoin, Dogecoin, etc., at great rates to investors.

Bisq

In 2014, Bisq was established as a decentralized exchange. The exchange servers have been distributed across the globe. In a simple world, no one can steal their users’ money. The platform provides more than 120 cryptocurrencies and some fiats also. Bisq doesn’t ask for the user’s details compared to other platforms. You don’t have to verify the account in the Bisq platform.

Robinhood

US-based Robinhood was established in the year 2013 as a broker company for stock traders. But the platform started providing cryptocurrency services in 2018. This change grabbed the attention of both the new and young investors looking to buy and sell cryptocurrencies. Currently, the crypto exchange provides around 7 popular cryptocurrencies for trading. The platform is extremely popular because of its user-friendly mobile application. Moreover, Robinhood doesn’t charge fees for trading cryptocurrencies.

Trade Station

Florida-based Trade Station was launched in 1982 and is most popular among experienced and professional cryptocurrency investors. The platform garnered attention because of its longevity and credibility. Trade Station is commonly known for stock trading. However, the website lets users purchase, sell, trade, earn, and invest. Currently, Trade Station only provides 4 cryptocurrency options, including USD Coin, Litecoin, Bitcoin Cash, and Bitcoin.

Gemini

Gemini was founded in New York in the year 2014 as a cryptocurrency exchange. The website provides 20 cryptocurrencies and more than 25 fiat currencies to its users to trade. When the investors buy/sell Bitcoin worth $100, Gemini cryptocurrency exchange will provide a $10 bonus. The company also runs a Gemini Earn promotion that allows investors who save crypto to earn up to 3.5% interest with Bitcoins.

Final Words

Above were the most popular and best crypto exchanges in Denmark. Every exchange has its advantages and some disadvantages depending on how the investors use the platform. The most important thing while creating an account on these platforms is checking the interest rate and the fees to determine how much profit one can make through trading. Moreover, you should check how many cryptocurrencies are available to trade so that there are good options to invest in. With Metaverse, there are many opportunities for crypto investors to invest in like Non-Fungible Tokens, etc.

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