How to Buy Crypto in Estonia

Coinbase is one of the world’s leading crypto exchanges, noted for its easy-to-use interface and compatibility with multiple fiat currencies. Founded in the U.S. in 2012, many early adopters of crypto used Coinbase as their first entry point to crypto before other options became available. A tradeoff of Coinbase’s easy access is its fees which are higher than most other exchanges.

eToro is a virtual currency service that brokers stocks, CFDs, and cryptocurrencies. Users can mimic the trades of advanced or successful traders. However, exchange services are limited — users can’t spend their funds on real goods or services. There is a minimum deposit of $500 USD.

CEX is a FinCEN-licensed virtual currency service that facilitates crypto trading, making it one of the few exchanges regulated by a legal entity. Users can choose from a wide range of cryptocurrencies and can top up their fiat accounts using a credit card, debit card, or services like Skrill.

Coinmama is a financial service that offers users 8 cryptos via a number of payment options including credit and debit cards, bank transfer, or even Apple Pay. Fees are higher than most platforms, starting at 3.9%.

Kraken is a major U.S. exchange with a wide range of crypto and fiat pairs. Users can cut trading costs by using stablecoins to buy digital currencies, where fees start at 0.9%, while other trades cost 1.75% per currency transaction or 3.75% for card transactions. Kraken also publishes reputable market research.

Bitpanda is a cryptocurrency company known for relatively low fees and its wide range of cryptocurrencies. Fees for BTC are 1.49% but range lower when using the native BEST utility token. Withdrawals are limited until users pass KYC verification.

OKCoin is a highly liquid exchange with advanced trading features, moreso than many other crypto companies and financial institutions selling digital assets. However, financial transactions are limited to crypto only, with no fiat currency support. Fees are very low, with a maker fee of 0.10% and a taker fee of 0.20%.

Bitstamp lists five different cryptocurrencies including Bitcoin, a smaller range than competitors like Coinbase. There are few or no additional services beyond crypto trading in the traditional sense. All economic transactions cost 0.25%, and KYC is only required for traders seeking to withdraw their funds as fiat currency.

Changelly is a crypto exchange with 140+ different currencies traded and a reputation for strong customer service and a fair market rate. The market risk of volatility is, of course, persistent as on any exchange. Financial assets are subject to a 0.5% transaction fee.

Paxful is a crypto exchange selling three financial assets — Bitcoin, Ethereum, and the Tether stablecoin. While the range of financial assets is limited, users can choose from over 300 different payment options such as PayPal, bank transfer, etc. The platform charges a 1% fee to sell crypto and 0% to buy it. The exchange rate is set by users themselves. Because users set rates, you may not always get a fair market rate — you could be paying more or less than the market value of a cryptocurrency on Paxful, as economic activities such as arbitrage are possible.