9 Best Crypto Exchanges in Finland

Uphold has become a leading option on the list of approved crypto exchanges in Finland, serving over 10 million users worldwide in more than 150 countries. Its vast portfolio, which includes over 250 digital assets and metals like gold and silver, sets it apart in Finland and makes it a popular option for Finns looking to invest. One of the most noteworthy aspects of Uphold is its appealing staking chances, which let users profit from up to 30% Annual Percentage Yield (APY) on a variety of up to 30 cryptocurrencies.

Uphold is recognized as a trustworthy platform for cryptocurrency investment in Finland due to its adherence to European rules and registration with reputable financial institutions. Because cryptocurrency is legal in Finland, you can easily use Uphold services. The platform offers a smooth trading experience on mobile (iOS and Android) and web platforms.

The exchange tries to expand its community by creating affiliate programs. For example, we had Uphold’s Partnership with Ripple in recent months.

Bybit positions itself as a flexible option on the list of approved crypto exchanges in Finland. Those interested in options and perpetual futures contracts may find the site particularly appealing. With a wide selection of over 930 digital assets and quick and easy Euro deposit options, Bybit meets market expectations as one of the most excellent crypto trading platforms in Finland. Many people are aware of its strong security measures and easy-to-use design. Bybit offers Futures trading with leverage options up to 25x and a developing NFT marketplace, going beyond standard cryptocurrencies and giving fans fantastic opportunities for cryptocurrency investment in Finland.

Gate.io is an outstanding name on our list of approved crypto exchanges in Finland. Over 10 million people utilize Gate.io, a well-known digital money exchange, across 190 countries. The company provides a fully integrated suite of products and trading services for over 1,700 cryptocurrencies. Cryptocurrency is legal in Finland, and you can use different Gate.io services like NFT Magic Box marketplace, Bitcoin loans, business platforms, and more. Gate.io levies fees that are somewhat competitive. On Gate.io, there are no costs associated with deposits, a trading fee of up to 0.05%, and a minor withdrawal fee that varies depending on the cryptocurrency being withdrawn.

Bitstamp is a well-known cryptocurrency platform on our list of approved crypto exchanges in Finland, with a user base of over 4 million. The platform’s abundance of tools and features makes it a popular option among crypto trading platforms in Finland for experienced and knowledgeable investors. 

Bitstamp users can access TradeView, the company’s active trading platform. Investors can now use solid order types, dependable order execution, and real-time cryptocurrency market analytics. Users can also utilize Bitstamp’s high-performance APIs to set up their trading interface and implement algorithmic techniques. 

Bitstamp offers 24/7 customer support and a specialized account manager to address users’ questions when using this sophisticated softwares to access charts. The exchange tries to provide a better experience for cryptocurrency investment in Finland.

You may start trading Bitcoin and other cryptocurrencies with Bitstamp for a 0.50% trading cost. With an increase in trade volume, this drops by 0.1%. The one thing about Bitstamp that can be considered a weakness is the expensive deposit fees. Small credit card transactions are subject to an 8% fee, which drops to 5% as the volume of transactions increases. 

Among the most prominent platforms on our list of approved crypto exchanges in Finland, Coinbase boasts over 98 million verified users from more than 100 countries. After completing a quick KYC and verification process, members of Coinbase can start trading in fifteen minutes because cryptocurrency is legal in Finland, and Coinbase services are available nationwide.

Users can invest in over 150 cryptocurrencies using the Coinbase app and the Coinbase web interface. If they want access to additional trading choices offered by different crypto trading platforms in Finland, they may start trading with Coinbase Pro, the more sophisticated version of Coinbase. Coinbase Pro offers a variety of charting capabilities for active traders to help with trading methods and analysis. 

Lastly, there are no extra credit or debit card transaction fees for individuals who trade on Coinbase Pro. Coinbase offers a cryptocurrency wallet that gives customers total control over their assets for those who want it. Additionally, 98% of all assets on Coinbase are kept offline in cold storage, shielding them from phishing and online hacking attempts.

With over 10 million users, Crypto.com is a globally well-liked platform on our list of approved crypto exchanges in Finland launched in 2016. The convenient Crypto.com mobile app allows users to purchase, sell, and trade over 250 cryptocurrencies. Additionally, users of Crypto.com can invest in CRO, the website’s native cryptocurrency token. You can use this coin as a cryptocurrency investment tool in Finland.

Tokens with CRO properties can be invested or utilized to lower transaction costs. Users must pay a sliding cost of 0.40% for each transaction, for instance, but this fee drops by 10% after reaching a particular threshold of CRO tokens.

Members of Crypto.com can also generate extra income by staking their cryptocurrency assets and earning interest. The platform’s website states that by staking well-known holdings like Bitcoin, Ethereum, and ADA, users may earn up to 14.5% interest. A specific quantity of CRO must be held to earn an additional 2% interest. 

Customers can immediately buy Bitcoins using a credit or debit card. However, there will be an additional 2.99% cost for each transaction. Although users can fund their account balance for free with cryptocurrency, the platform does not currently support deposits made with fiat money. Crypto.com users can also access their own NFT marketplace, a Crypto credit service for loan approval, and a Crypto.com DeFi wallet for token exchange and storage because cryptocurrency is legal in Finland, and there are no worries about these services.

Northcrypto – Portfolio tracker tools                           

Northcrypto is a secure and user-friendly platform that ranks on our list of approved crypto exchanges in Finland. It allows locals to purchase and sell a variety of cryptocurrencies in minutes. Northcrypto charges a meager trading fee of 0.1% for each trade, which includes a maker/taker and slide fee to help traders make a better cryptocurrency investment in Finland.

The Finnish Financial Supervisory Authority has registered this regulated currency provider, a cryptocurrency exchange based in Finland. Furthermore, every customer’s cryptocurrency is kept in offline cold wallets. Users who encourage other users to sign up for the exchange and make a trade can earn prizes through Northcrypto Exchange’s referral program. Users can purchase and trade Bitcoin, Ethereum, Litecoin, Chainlink, Polygon, and MATIC for as little as €10.

The following loved name on our list of approved crypto exchanges in Finland is a peer-to-peer marketplace facilitating direct Bitcoin trading between buyers and sellers. Although LocalBitcoins initially allowed users to purchase Bitcoin with cash, a new rule has been established to strengthen platform security and require KYC procedures before investment. Users can buy Bitcoin with PayPal, wire transfers, SEPA, Neteller, Skrill, and other payment methods through LocalBitcoins.

One of the factors contributing to its popularity among crypto trading platforms in Finland is that LocalBitcoins doesn’t charge for P2P trading. Users will only be assessed the regular BTC fee when sending Bitcoin to addresses outside the LocalBitcoins exchange. This introduced the platform as a reliable option for cryptocurrency investment in Finland. Users who post advertisements on the platform and any trades that result from these adverts are also subject to a 1% fee. Furthermore, LocalBitcoins offers 2FA authentication techniques. Cryptocurrency is legal in Finland, and this platform follows all official regulations.

Gemini’s default trading interface offers more options and ease of use for buying and selling cryptocurrencies for those who want to make a cryptocurrency investment in Finland. Gemini ActiveTrader, a high-performance cryptocurrency trading platform intended for seasoned investors, is another service the exchange provides. Gemini also provides a user-friendly mobile app for purchasing and selling digital currency from your tablet or smartphone. It has excellent reviews on both Google Play and the Apple App Store, which are now accessible.

Cryptocurrency is legal in Finland, and there are regulatory bodies nationwide. The Act on Virtual Currency Providers, governed by the Financial Supervisory Authority (Fin-FSA), went into effect on May 1, 2019. This act requires custodian wallet providers, currency issuers, and virtual currency exchanges to register and abide by certain restrictions. Our list of approved crypto exchanges in Finland, which we introduced in this article, contains the best platforms that comply with regulations.

According to the EU’s Fifth Anti-Money Laundering Directive (5th AMLD), these laws include guaranteeing dependability, appropriate handling of client funds, and compliance with anti-money laundering (AML) and Combating the Financing of Terrorism (CFT) measures.

Finland’s open-minded approach to cryptocurrencies encourages advancements in blockchain technology. The registration requirements for all virtual asset service providers (VASPs) with FIN-FSA ensure a safe and legal cryptocurrency ecosystem. The impending European Union Markets will further strengthen Finland’s dedication to promoting developments in the cryptocurrency and blockchain industries in Crypto-Assets Regulation (MiCA).

Finland Crypto Tax Laws: Crypto profits are taxable in Finland under the jurisdiction of the Finnish Tax Administration, which classifies them as capital income. Profits from the purchase, sale, or exchange of cryptocurrencies are subject to capital gains tax, levied at 34% on any excess and 30% on capital income up to €30,000. Examples of taxable events include exchanging one cryptocurrency for another on crypto trading platforms in Finland, utilizing it for purchases, or converting it to fiat currency (like euros). 

The Finnish Tax Administration must be notified of any cryptocurrency gains made by everybody who wants to make a cryptocurrency investment in Finland and maintain thorough records of every transaction. Taxes do not apply to the ownership of cryptocurrencies but to any profits from usage or sale. Crucially, trading losses can be deducted from capital gains, potentially lowering taxes due.