Bitcoin
BTC
$
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-0.00%
Ethereum
ETH
$
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-0.00%
Solana
SOL
$
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XRP
XRP
$
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Dogecoin
DOGE
$
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ChainLink
LINK
$
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Binance Coin
BNB
$
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Cardano
ADA
$
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Litecoin
LTC
$
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Ordinals
ORDI
$
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Polygon
MATIC
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Optimism
OP
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Arbitrum
ARB
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Polkadot
DOT
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Avalanche
AVAX
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Sui
SUI
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Ethereum Classic
ETC
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FileCoin
FIL
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Celestia 
TIA
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Injective
INJ
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Key Takeaway

In Finland, platforms like eToro, Bybit, and Bitpanda are setting benchmarks with their tailored offerings for crypto investors. eToro leads for its wide range of assets and Finnish interface. Bybit is follows with its diverse cryptocurrency selection and EUR deposit methods and Bitpanda provides a dependable environment for investing in multiple assets.

These platforms were chosen for their commitment to security, a wide selection of digital currencies, superior user interfaces, competitive fees, and comprehensive services. The aim was to spotlight exchanges that merge sophisticated features with ease of use, catering to the demands of Finnish crypto enthusiasts.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
eToro Europe
eToro Europe

This review and rating adhere to our editorial policy and the the research methodology of StacksOnChain analysts, guaranteeing the accuracy and reliability of our reports.

Rating
9.8

Supported Assets

4,500 Cryptocurrencies, Stocks, ETFs and more.

Trading Fees

0% Fees and Variable Spread (1%).

Finland's cryptocurrency landscape is vibrant and diverse, catering to various investors' needs. These platforms align with Finnish financial guidelines, ensuring a safe trading environment that complies with the standards set by the Finnish Financial Supervisory Authority (Finanssivalvonta).

Beyond mere trading, these platforms broaden their offerings to include staking, lending, and digital asset custody. This holistic approach to digital finance underscores Finland's commitment to nurturing blockchain and digital currency innovations, thereby fulfilling a broad range of investor needs.

Best Cryptocurrency Exchanges in Finland

A thorough analysis of Finland's cryptocurrency exchange ecosystem has identified key players renowned for their outstanding user experience, stringent security measures, and comprehensive service range:

  1. eToro - Leading Cryptocurrency Exchange in Finland
  2. Bybit - Top Derivatives Trading Platform 
  3. Bitpanda - Popular European Multi-Asset Exchange
  4. Northcrypto - Finland's Local Cryptocurrency Exchange
  5. Binance - Veteran Exchange with Unique Features

1. eToro

eToro distinguishes itself in the Finnish market with its pioneering social trading network, revolutionizing how users engage with cryptocurrency trading. This feature democratizes investment strategies, allowing users to follow and replicate the moves of successful traders. Besides its social trading, eToro boasts a comprehensive portfolio of over 4,500 financial instruments. This includes a vast range of cryptocurrencies alongside traditional investment vehicles like stocks, commodities, and ETFs. Here are some of the key offerings:

  • Social Trading Network: Enables Finnish users to emulate the trading strategies of experienced investors, creating a collaborative investment environment.
  • Diverse Investment Options: Offers a broad selection of financial instruments, including numerous cryptocurrencies, stocks, and ETFs.
  • Intuitive User Experience: Designed with user-friendliness in mind, featuring a multilingual platform that supports Finnish, ensuring accessibility for a global audience.
  • Stringent Regulation: Committed to high regulatory standards, providing a secure and reliable trading environment within Finland and beyond.
  • Practice with Demo Accounts: Offers demo accounts with virtual funds, allowing users to experiment with different trading strategies without financial risk.

eToro's innovative blend of social trading and educational resources establishes it as a leading choice for cryptocurrency traders in Finland, catering to beginner and experienced investors.

eToro

2. Bybit

Bybit emerges as a top contender in Finland for cryptocurrency derivatives trading, offering an advanced platform that caters to the needs of traders looking for leverage with options up to 25x. It specializes in futures and perpetual contracts, allowing traders to bet on the future prices of cryptocurrencies. The platform is known for its high liquidity, ensuring seamless execution of large orders without significant price impact. These are Bybit’s main features:

  • Derivatives and Leverage Trading: Specializes in cryptocurrency derivatives, providing opportunities for leveraged trading up to 25x.
  • NFT Marketplace: Invest in thousands of the most popular NFTs like BAYC, Crypto Punks, Azukis, and more through the inbuilt NFT marketplace.
  • Transparent Reserves: Regularly updated proof-of-reserves that show all users' funds are held on a 1:1 basis and are accessible at any time. 
  • Robust Security Measures: Implements stringent security protocols to protect users' assets and data, such as 2FA, cold storage, and more.
  • Staking Options: Earn a yield on your idle assets by staking them on fixed or flexible terms to earn up to 150% APY. Hundreds of tokens are available for staking purposes.

Bybit distinguishes itself in Finland as a go-to platform for derivatives trading, attracting traders who seek dynamic and sophisticated trading experiences.

Bybit

3. Bitpanda

Bitpanda serves the Finnish market as a robust multi-asset platform, extending beyond cryptocurrencies to include assets like stocks, ETFs, commodities and precious metals. Its user-friendly interface makes it accessible to all level of investors, facilitating easy buying and selling of digital assets. Bitpanda is also noted for its emphasis on portfolio management, offering tools that allow users to track and manage their investments effectively. Below are some of the top offerings:

  • Wide Range of Assets: Supports a variety of over 3,500 assets, including 250 cryptocurrencies plus thousands of precious metals, stocks, ETFs, and commodities.
  • User-Friendly Platform: Prioritizes ease of use, making digital asset trading accessible to beginners.
  • Instant Transactions: Offers swift buying and selling of cryptocurrencies by supporting instant EUR deposits through several payment methods, enhancing the trading experience.
  • Secure and Transparent Environment: Adheres to strict security protocols, ensuring the safety of users' investments, and regularly undergoes external audits by KPMG to show all assets backed up.
  • Staking Services: Access staking services on over 100 cryptocurrencies and earn up to 40% in yields.

Bitpanda's commitment to accessibility and diversity of assets positions it as a popular choice for Finnish investors looking for a comprehensive trading platform.

4. Northcrypto

Northcrypto is recognized for its strong local presence in Finland, offering tailored services to meet the specific needs of Finnish crypto enthusiasts. The exchange is known for its simplicity, making it an ideal platform for those new to digital currency trading. It emphasizes security and operates in strict compliance with Finnish financial regulations, providing a reliable and secure environment for trading digital assets. Find out what Northcrypto offers:

  • Finnish Regulatory Compliance: Strictly adheres to local regulations, ensuring a secure trading environment.
  • Curated Cryptocurrency Selection: Offers a handpicked range of popular cryptocurrencies, focusing on quality over quantity.
  • Straightforward Trading Experience: Designed for ease of use, facilitating hassle-free transactions for all user levels.
  • Local Customer Support: Provides dedicated support tailored to the needs of Finnish users.
  • Transparent Fee Structure: Features clear and upfront pricing, with no hidden fees.

Northcrypto's local focus and commitment to regulatory compliance make it a preferred choice for Finnish users seeking a reliable and straightforward cryptocurrency trading platform.

Northcrypto

5. Binance

Binance extends its global reach to Finland, offering a comprehensive suite of trading options, including an extensive range of digital currencies, advanced trading features, and unique financial products like staking and savings accounts. Its platform is characterized by high liquidity, competitive pricing, and a wide selection of financial tools and educational resources. Learn about the platform’s best offerings:

  • Extensive Cryptocurrency Range: Boasts one of the largest selections of cryptocurrencies with over 350 options available for trading.
  • Innovative Trading Features: Offers unique trading options and financial products, including futures, options, and staking.
  • Comprehensive Ecosystem: Provides an all-encompassing crypto experience with its own blockchain, wallet, and more.
  • Educational Initiatives: Hosts Binance Academy, offering a wealth of learning materials and resources.
  • Community and Support: Strong focus on community engagement with active forums and responsive customer support.

Binance's expansive platform and commitment to innovation and education make it an attractive option for Finnish cryptocurrency traders seeking a rich and varied trading experience.

Binance

What is a Cryptocurrency Exchange?

A cryptocurrency exchange serves as an online platform where individuals can buy, sell, and trade digital currencies, leveraging competitive fees and sophisticated trading tools. These exchanges are designed to accommodate a wide audience, from beginners taking their first steps in crypto to seasoned investors looking for depth in analytics and trading options.

Finnish traders appreciate exchanges that support transactions in Euros, offering a variety of payment options like bank transfers and e-wallets for smooth and efficient trading experiences.

Choosing an exchange in Finland involves several considerations, such as the fee structure, security protocols, digital asset management, customer support quality, the range of available cryptocurrencies, and the terms of service. These factors are crucial to ensure the selected platform matches the investor's objectives and preferences.

Who Regulates Crypto in Finland?

In Finland, the regulatory oversight of cryptocurrency exchanges falls under the Finnish Financial Supervisory Authority (Finanssivalvonta). This body ensures that exchanges operate within a legal framework, emphasizing compliance with Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) standards. The regulatory framework aims to safeguard investors, maintain the integrity of the digital currency marketplace, and thwart financial crimes.

The Finnish Financial Supervisory Authority plays a pivotal role in formulating policies and regulatory guidelines pertaining to cryptocurrencies. This includes the licensing and supervision of exchange platforms. Moreover, Finanssivalvonta actively scrutinizes transactions to deter money laundering and terrorist financing endeavors, mandating exchanges to undertake thorough due diligence of their clients.

Our Methodology

At StacksOnChain, we dive deep into evaluating cryptocurrency exchanges catering to the Finnish market, guided by principles of clarity and equity. Our mission is to equip you with thorough, impartial insights to steer your investment journey confidently. We employ a robust editorial process, blending genuine user feedback, firsthand platform trials, detailed briefings from service providers, and insights from industry experts.

We aim to spotlight leading platforms, offering you a curated selection that aligns with your investment objectives. Our methodology is crafted to provide reliable, clear advice, enabling you to make well-informed decisions in choosing the most suitable exchange for your trading and investment needs.

Closing Thoughts

In conclusion, Finland's cryptocurrency exchange landscape presents a rich tapestry of options tailored to meet the diverse needs of its investment community. Platforms like eToro, Bybit, Bitpanda, Northcrypto, and Binance each bring unique features and services to the table, from eToro's social trading innovation to Bybit's derivatives trading, Bitpanda's wide asset range, Northcrypto's local focus, and Binance's comprehensive ecosystem. 

Author

Elena Boyaci is the proactive editor-in-chief of StacksOnChain, bringing her extensive journalism experience to the forefront. She spearheads a committed team, focusing on providing prompt and comprehensible updates on crypto and finance.

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