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Best crypto exchanges in Cyprus

19 licensed crypto exchanges, ranked on the company that would actually open your account. How we rate

Coinbase logo

Top pick

Coinbase

Score 80/100, licensed in Luxembourg

Revolut logo

Lowest order-book trading fee

Revolut

0.09%, of 12 with a verified figure

Is it legal?Yes, with a licensed crypto exchange.
Where they're licensed2 in Cyprus, 5 in Austria, 4 in Malta and 8 elsewhere.
If a crypto exchange failsCompensation schemes don't cover crypto, so the exchange's own safeguards matter more.

Cryptoassets are highly volatile and largely unregulated in some countries. You could lose all the money you invest, and you may not be protected by a compensation scheme.

All 19 crypto exchanges

#ExchangeTrading feeCryptoassetsMin. depositCoinish ScoreActions
1
Coinbase logo
Top pick

Coinbase

Licensed in Luxembourg · CSSF

0.5%405+Not verified80rated 4.1/5
2
Revolut logo

Revolut

Licensed in Cyprus · CySEC

0.09%300+Not verified77rated 3.6/5
3
Crypto.com logo

Crypto.com

Licensed in Malta · MFSA

Not verified400+Not verified77rated 4.0/5
4
Kraken logo

Kraken

Licensed in Ireland · CBI

0.8%200+€175rated 4.0/5
5
Robinhood logo

Robinhood

Licensed in Lithuania · Bank of Lithuania

0.95%65+Not verified71rated 3.2/5
6
Bybit logo

Bybit

Licensed in Austria · FMA (Austria)

0.1%3,324+Not verified71rated 3.6/5
7
Gate logo

Gate

Licensed in Malta · MFSA

Offshore-heavy group
0.1%5,300+Not verified69rated 3.6/5
8
Bitvavo logo

Bitvavo

Licensed in the Netherlands · AFM

0.25%400+Not verified69rated 4.0/5
9
eToro logo

eToro

Licensed in Cyprus · CySEC

1%App fee100+Not verified68rated 3.3/5
10
KuCoin logo

KuCoin

Licensed in Austria · FMA (Austria)

0.1%100+Not verified67rated 3.6/5
11
Bitpanda logo

Bitpanda

Licensed in Austria · FMA (Austria)

Not verified650+€1065rated 3.8/5
12
OKX logo

OKX

Licensed in Malta · MFSA

0.35%Not verifiedNot verified63rated 3.1/5
13
Trade Republic logo

Trade Republic

Licensed in Germany · BaFin

€1/order50+$059rated 3.4/5
14
Bitstamp logo

Bitstamp

Licensed in Luxembourg · CSSF

0.4%Not verifiedNot verified58rated 3.7/5
15
Bit2Me logo

Bit2Me

Licensed in Spain · CNMV

Not verified300+Not verified58rated 3.4/5
16
WhiteBIT logo

WhiteBIT

Licensed in Austria · FMA (Austria)

0.1%Not verified€1055rated 3.4/5
17
Gemini logo

Gemini

Licensed in Malta · MFSA

1.2%99+Not verified55rated 2.8/5
18
Paybis logo

Paybis

Licensed in Latvia · Bank of Latvia

1.49%App fee90+Not verified51rated 2.6/5
19
21bitcoin logo

21bitcoin

Licensed in Austria · FMA (Austria)

1.49%App fee1+Not verified34rated 2.4/5

Good to know

Crypto rules in Cyprus

Local licence required

Since the MiCA transitional period ended on 1 July 2026, crypto platforms serving EU residents need MiCA authorisation as a crypto-asset service provider (CASP) in an EU member state.

Regulator sources (2)
  • “Articles 109 and 110 of the MiCA Regulation empower ESMA to publish a central register of crypto-asset white papers, authorised crypto-asset service providers, and non-compliant entities”

    esma.europa.eu · Oct 5, 2026

  • “Regulation (MiCA) on 1 July 2026”

    esma.europa.eu · Oct 5, 2026

Crypto in Cyprus at a glance

  • 19 crypto exchanges with a verified licence serve residents of Cyprus: 2 hold a local licence (CySEC) and 17 serve under an EU passport.
  • Top pick by Coinish Score: Coinbase (80/100, Editor Rating 4.1/5).
  • Lowest order-book trading fee: 0.09% (Revolut).
  • No minimum deposit: Trade Republic.

How this ranking works

Ranked by Coinish Score: half the Editor Rating for the entity that serves residents of Cyprus, half Market Signal. Brokers without enough verified data for a rating are placed by Market Signal and labelled; brokers with neither are listed last. How we rate

Crypto in Cyprus: what to know

Of the 19 crypto exchanges on this list, 5 serve Cyprus under a MiCA authorisation from FMA (Austria) (Bybit, KuCoin, Bitpanda and 2 more), 4 serve Cyprus under a MiCA authorisation from MFSA in Malta (Crypto.com, Gate, OKX and 1 more), 2 serve Cyprus under a MiCA authorisation from CSSF in Luxembourg (Coinbase and Bitstamp) and 2 are authorised under MiCA by the Cyprus Securities and Exchange Commission (CySEC) (Revolut and eToro); 6 more are authorised by CBI, Bank of Lithuania, AFM, BaFin, CNMV and Bank of Latvia.

Base-tier spot taker fees on the order-book exchanges here run from 0.09% (Revolut) to 1.2% (Gemini). Apps without an order book charge a per-trade fee instead: eToro 1%, Paybis 1.49% and 21bitcoin 1.49%.

What to check before you open an account in Cyprus

  • Search the company name on the CySEC register (cysec.gov.cy); for a firm licensed elsewhere, on its home regulator's register too (FMA (Austria), MFSA and CSSF for most of this list).
  • Check which company your contract is with. Coinbase, for example, onboards residents of Cyprus through Coinbase Luxembourg S.A. (CSSF, MiCA CASP · LEI 984500F14CA4571AAC11), and the name on the account-opening documents should match the list.
  • Confirm the exchange is an authorised CASP on ESMA's interim MiCA register, and that Cyprus is among the member states it has notified.

Is crypto trading legal in Cyprus?

Yes, with a licensed provider. Since the MiCA transitional period ended on 1 July 2026, crypto platforms serving EU residents need MiCA authorisation as a crypto-asset service provider (CASP) in an EU member state.

Sources: esma.europa.eu, esma.europa.eu

What is the best crypto exchange in Cyprus?

By Coinish Score, Coinbase (80/100, Editor Rating 4.1/5), through Coinbase Luxembourg S.A. (CSSF, MiCA CASP · LEI 984500F14CA4571AAC11). Revolut (77) and Crypto.com (77) follow. The score rates the company that would serve you in Cyprus, so the same brand can rank differently in another country.

Which crypto gains get Cyprus's 8% rate?

The 8% rate covers gains from buying and selling crypto-assets. It doesn't apply to coins you mined.

CySEC itself authorises 2 of the 19 exchanges here (Revolut and eToro). The rest serve Cyprus under MiCA authorisations from FMA (Austria), MFSA, CSSF, CBI, Bank of Lithuania, AFM, BaFin, CNMV and Bank of Latvia.

Source: gov.cy

Can a crypto exchange licensed in another EU country serve you in Cyprus?

Yes. A crypto-asset service provider authorised under MiCA in one member state can serve residents of the others once its home regulator has notified them. 17 of the 19 on this list reach Cyprus that way, most from Austria (5), Malta (4) and Luxembourg (2).

The home regulator supervises the exchange, and ESMA keeps the central register of authorised CASPs, so you can check any of them there.

Sources: esma.europa.eu, esma.europa.eu

Is crypto held on an exchange protected in Cyprus?

Crypto held with an exchange is not covered by investor compensation schemes, so the exchange's own safeguards (segregated client assets, cold storage, proof of reserves) matter more than for a broker account.

Source: eiopa.europa.eu

Do you pay tax on crypto profits in Cyprus?

Since the 2026 tax reform, crypto-asset gains are taxed at a flat 8%. Crypto losses can only be offset against your other crypto gains in the same year, and can't be carried forward.

Coinish isn't a tax adviser: check your own situation with the tax authority or an accountant.

Source: gov.cy

Coinish provides general information only. Nothing on this site is investment, tax or legal advice.