How to Buy Crypto in Sweden in 2022

Coinbase is one of the world’s largest crypto exchanges, and often provides the entry point to digital currencies for new traders.

Users can deposit funds via wire transfer/private bank transfer among a variety of payment options. Along with the range of payment methods, Coinbase boasts a wide range of supported currencies, with 50 cryptos and dozens of fiat currencies.

There are no added features such a crypto debit card, and this is the case with the majority of crypto exchanges. Transaction fees are also higher than most exchanges. However, Coinbase is known for its user-friendly interface.

Coinmama is an Israeli cryptocurrency exchange with 8 supported cryptocurrencies and fiat compatibility.

Users can deposit funds using a wide range of payment options from bank deposit/wire transfer and PayPal to Apple Pay, making it an efficient payment platform for trading crypto.

Like Coinbase, fees are above the average price compared to other exchanges.

Kraken is a U.S. Bitcoin exchange where users can buy Bitcoin for fiat currency among many other crypto/fiat trading pairs. All accounts are insured, providing added security for users, and the exchange interface is easy to use. The trading fee here compared to Coinbase and Coinmama is relatively low, and users can pay with credit card or bank wire.

eToro is a trading platform allowing users to buy Bitcoin within minutes — however, it also allows the trade of stocks and CFDs. Users can choose to mimic the trades of other traders automatically, a feature rarely seen on other platforms.

The focus here is more on assets in general rather than crypto specifically, and eToro users must deposit a minimum of $500 USD or equivalent currency before trading.

CEX is a regulated Bitcoin exchange licensed by the FinCEN financial institution, a U.S. regulator. Users have access to a variety of payment options such as bank cards, bank wire, and even buying Bitcoin with PayPal by linking a PayPal-linked bank card.

Limit orders have fees as low as 0.16%, which is below the average price for fees for buying Bitcoin. These orders have a slightly higher market risk, as they may not be fulfilled or price may move during the process. Taker fees, which are settled immediately rather than placed in a queue, cost more and have a lower market risk. The exchange is usable in Sweden, but does not accept Krona directly.

Bitpanda is a Bitcoin exchange founded in 2014 in Vienna, Austria. Users can reduce their fees by using the BEST crypto token native to the platform. Fees for BTC fees start at 1.49% when paired against tokens not including BEST token, and users have 20 cryptos to choose from.

Exmo is a UK-based crypto exchange that supports over 50 cryptocurrencies. The trading platform features a helpful news section to educate its users, along with a step-by-step guide for various aspects of the platform. Trading fees are relatively low, and users can buy crypto with a credit card or bank wire.

Binance is the world’s largest exchange by trading volume. Users can trade over 500 altcoins and 19 fiat currencies and can use a credit card or wire transfer to deposit funds among other payment methods.

Selling price is shown on-screen along with basic information, with a more advanced interface for advanced traders or simply cryptocurrency traders interested in added features like leverage trading. One drawback is that the overburdened customer support system has led to criticism from users with support tickets left unanswered for long periods.

Bittrex is a crypto exchange based in Seattle boasting a solid reputation for security. Users can pay for crypto assets with bank cards (credit card and debit card), wire transfer/bank wire, and other payment methods. The intensive verification process is more thorough and time-consuming than with other exchanges selling crypto & Bitcoin. The trading fee offered here is low by market standards, and Bittrex is considered to be a trusted exchange.