6 BEST Crypto Exchanges in Spain (2025)

Choosing the best crypto wallet in Spain is vital for secure digital asset management. Whether you are a tech-savvy millennial, freelancer, or part of an SME, Spain’s ranking among Europe’s top crypto adopters promises seamless EUR-crypto integration. Legally, wallets must comply with Spain’s AML and KYC mandates, and users must report gains under capital tax laws. Selecting an insecure wallet risks hacking, loss of funds, and non-compliance penalties. It can also expose users to phishing schemes and irreversible fraudulent transfers. Some wallets may lack multi-factor authentication or robust backup options, heightening vulnerability. A reliable wallet ensures legal adherence, asset protection, and smooth transactions, making it indispensable for Spain’s growing crypto economy.

After investing over 30 hours researching and testing 16 top crypto wallets, I compiled everything into this straightforward guide. I wanted to save you time and confusion by highlighting the best options for crypto users in Spain. Whether you’re a beginner or a seasoned investor, this guide lets you choose a secure, reliable wallet suited to your needs. Read more…

Best Crypto Exchanges (Wallets) in Spain: Top Picks!

Wallet Name	Commissions	Supported Cryptocurrencies	Leverage and Margin Trading	Link
Zengo	0%	1000+, including BTC, ETH, etc.	No	Learn More
Uphold	0.2%-2.95%	300+, including BTC, XRP, etc.	No	Learn More
Kraken	0.00% to 0.40%	200+, including BTC, SOL, etc.	Yes	Learn More
Binance	0.1%	350+, including BTC, BNB, etc.	Yes	Learn More
Bit2Me	0%–0.6%	390+, including B2M, ADA, etc.	No	Learn More

1) Zengo

Zengo is a non-custodial, mobile-first crypto wallet designed for effortless coin management. It uses multi-party computation (MPC) for security and eliminates the need for traditional seed phrases. With Zengo, users can easily buy, swap, store, and stake their crypto assets.

In Spain, it offers full support for EUR payments via SEPA, complies with MiCAR/AML rules under CNMV and Banco de España, and reflects growing crypto adoption among novice Spanish investors, freelancers, and long‑term HODlers.

I’ve been using Zengo daily: its 3‑factor recovery (face‑map + recovery file + email) and Web3 firewall give peace of mind, and the Pro version’s multiple‑wallet feature lets me separate NFT play from staking. While it lacks full desktop software, its ease and inheritance tool outweigh that limit, making it one of the best secure crypto wallets in Spain and a top DeFi wallet for beginners.

Features

• Effortless Onboarding: The wallet’s registration process is streamlined, allowing new users in Spain to set up and secure their accounts in under five minutes. I found the step-by-step guidance intuitive, even for first-timers.
• Multi-Currency Support: Zengo allows you to manage multiple cryptocurrencies, including Bitcoin, Ethereum, and major Spanish stablecoins. This is great for Spanish users seeking versatility as local merchants increasingly accept digital currencies for payments.
• MPC-Based Security: Zengo uses advanced Multi-Party Computation instead of traditional seed phrases. This protects your crypto assets from phishing attacks and device loss. While using this feature, one thing I noticed is that it dramatically reduces the anxiety of losing access due to misplaced recovery phrases.
• Biometric Authentication: The wallet leverages Face ID or fingerprint for login. I would recommend activating biometric security, as it adds an extra protection layer, especially if you travel between cities like Madrid and Barcelona.
• In-App Crypto Purchases: Buy crypto directly within Zengo using Spanish payment methods, including local credit cards and Apple Pay. This complies with Spanish KYC and AML regulations, ensuring peace of mind for all Spanish users.

Pricing:

Zengo offers a free version (Zengo Essentials) that allows users to securely store, send, and receive cryptocurrency without any wallet fees. The app is free to download and use, with no charges for basic wallet functions. Only standard blockchain network fees apply when transacting, which are not collected by Zengo.

Visit Zengo >>

Free Wallet

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2) Uphold

Uphold is a non‑custodial mobile hot wallet and multi‑asset platform, enabling seamless crypto, fiat (EUR), and precious metal trading. In Spain, Uphold offers full Spanish‑language support, adheres to AML regulations under Royal Decree 7/2021, and ensures CNMV‑aligned data-sharing practices. It is ideal for trading EUR‑valued assets amid evolving MiCA oversight.

Professionals such as cost-sensitive traders, first-time users, and long‑term investors benefit from Uphold’s MPC‑powered security. Uphold also offers instant SEPA deposits and integrated tax reporting via Blockpit. I’ve personally used its real‑time asset‑liability transparency and one‑tap DCA tool, though fees lean higher than bare‑bones exchanges. Nonetheless, for those seeking a secure crypto wallet in Spain and the best DeFi wallet for beginners, Uphold strikes a smart balance.

Features

• Transparent Proof of Reserves: Uphold provides transparent Proof of Reserves, backing customer assets 1:1. While using this feature, one thing I noticed is the real-time transparency dashboard, which reassures users about fund safety.
• Automated DCA Investing: The automated Dollar-Cost Averaging tool helps users in cities like Madrid or Barcelona invest regularly without manual intervention. I suggest setting a recurring schedule to minimize the effects of market volatility. This simple step made my long-term savings strategy effortless.
• Uphold Debit Card: The Uphold Card allows you to spend crypto or fiat anywhere Mastercard is accepted in Spain. I would recommend activating notifications for every crypto debit card transaction. This helped me track my daily expenses securely.
• Integrated Assisted Self-Custody: There is also an option that lets you enable assisted self-custodial wallet features, bridging ease-of-use and personal security. You can maintain control while benefiting from Uphold’s robust infrastructure.
• Advanced Security Protocols: Uphold is SOC 2 Type 2, ISO 27001, and PCI DSS certified. This means strict controls and monitoring, which comply with Spain’s rigorous financial regulations, reassuring users about asset safety.

Pricing:

Uphold offers several free services, including crypto deposits and withdrawals. Fiat deposits and withdrawals may incur fees depending on the user’s country and payment method. Trading fees are flat and percentage-based, with stablecoins trading at a low 0.2% fee, while other assets like BTC, ETH, and altcoins have higher rates. There are no hidden fees between the trade preview and confirmation, ensuring transparent pricing.

Visit Uphold >>

Free Wallet

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3) Kraken

Kraken Wallet is a secure, non-custodial mobile wallet supporting major blockchains and DeFi, ideal for users in Spain seeking complete control of their crypto. Fully compliant with Spanish VASP regulations, it offers local language support and seamless EUR integration, which is key for Spain’s growing crypto adoption.

Long-term HODLers and tax-savvy crypto enthusiasts will find Kraken especially practical, thanks to features like WalletConnect integration and real-time activity notifications. Based on personal experience, these tools make portfolio monitoring refreshingly seamless. While it doesn’t offer the most advanced DeFi capabilities, Kraken continues to stand out as a reliable choice for those prioritizing simplicity and functionality in their crypto wallet, especially within the Spanish market.

Features

• Security First: Kraken uses robust security protocols, including two-factor authentication, cold storage, and regular audits. These measures give Spanish users peace of mind, especially with increasing regulations in Spain’s crypto market.
• Euro Funding Options: Kraken allows direct euro deposits via SEPA transfers, which is a major advantage in Spain. Spanish users can move funds easily between local banks and Kraken, saving on conversion and transfer fees.
• Recurring Buy Automation: There is also an option that lets you automate crypto purchases on a daily, weekly, or monthly basis. This helps users in Barcelona or Madrid build savings gradually, just like euro-based savings plans.
• Multi-Layered Account Recovery: Kraken offers a thorough account recovery system, combining email, phone, and ID verification. I would recommend keeping a backup of your recovery codes in a safe location, especially for business users.
• Staking with High Yields: Kraken provides staking services with competitive yields on several assets. While using this feature, one thing I noticed was the transparent breakdown of rewards, making it easy to compare with local banks’ low interest rates.

Pricing:

Kraken offers a free account that includes 100 MB of testing quota, with no credit card required for sign-up. For those seeking zero-fee trading, the Kraken+ subscription provides up to $10,000 per month in fee-free trading for $4.99/month, but new users get their first month free. Free services on the standard plan include basic access, API usage, and cloud storage.

Visit Kraken >>

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4) Binance

Binance is a hot, custodial wallet accessible via mobile and desktop—designed for secure crypto storage, trading, and DeFi. In Spain, it offers Spanish‑language support, complies with MiCA and CNMV regulations, and enables seamless euro (EUR) trading amid growing national crypto adoption. Freelance professionals, daily traders, and long‑term investors benefit from Binance’s MPC‑enhanced security, real‑time recovery, and deep DeFi integrations.

As a frequent user, I’ve found Binance’s wallet‑whitelisting feature very reassuring on the Spanish networks, protecting me from unauthorized transfers. Binance uses cold storage, 2FA, encryption, and SAFU insurance, plus third‑party audits. While its interface may challenge beginners, it remains the most secure crypto wallet in Spain.

Features

• DApp Browser & Discover Hub: The Wallet automatically recommends on‑chain apps used frequently in Spain, like Aave or Uniswap. While using this feature, one thing I noticed is that it reduced the time hunting DApps.
• Emergency Export Option: Binance comes with the Emergency Export feature for private keys. You can fully migrate assets to a hardware wallet, boosting control beyond the platform.
• Customizable Wallet Addresses: You can create and label multiple wallet addresses for different purposes, such as savings, trading, or business. This organization is especially helpful for freelancers and businesses in Spain accepting crypto payments.
• Built‑In Risk Alert System: You receive automatic warnings for risky addresses or suspicious contracts. This feature saved me from a phishing scam once, which is highly reassuring given Spain’s tighter AML oversight post‑MiCA.
• Airdrop Zone & Reward Center: Binance Wallet features a revamped Airdrop Zone and Reward Center for browsing and claiming incentives. I found local Spanish token rewards easier to track than on other wallets.

Pricing:

Binance offers zero-fee trading on all pairs within the Binance Wallet for traders. Additionally, users can access multiple free services, such as earning free tokens via Binance Earn (staking and savings), Launchpool, Learn & Earn quizzes, airdrops, referral programs, and free trading competitions. Special promotions include free $STO and INIT coins for BNB holders, cashback offers for Mastercard users, and task-based rewards, making it easy to earn crypto without investment.

Visit Binance >>

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5) Bit2Me

Bit2Me is a regulated hot wallet and digital account, ideal for securely storing, sending, and managing over 390 cryptocurrencies and euros. Tailored for Spain, Bit2Me supports Spanish, offers integrated tax reporting for local regulations, and is registered with the Bank of Spain. This is a key element for euro-crypto trading, especially after Spain’s 2025 DAC8 compliance measures.

Cross-border contractors, NGOs, and institutional investors benefit from easy euro deposits, DeFi access, and transparent fees. What sets Bit2Me apart is its multi-layer security, including five-factor authentication, plus independent audits and award-winning compliance. I’ve personally found the free one-click Spanish tax report invaluable, though euro withdrawal limits may apply for high-volume users.

Features

• Instant Euro Withdrawals: Spanish users can convert crypto to euros and withdraw directly to local bank accounts. This feature is especially useful for fast liquidity. Compliance with Spain’s banking laws ensures secure, rapid transactions.
• Integrated Exchange: Bit2Me’s wallet links directly with its crypto exchange, allowing real-time trades. While testing this feature, I noticed that instant conversion saves time and offers a user-friendly experience, especially for beginners in Spain.
• NFC Payments: The wallet supports NFC for crypto payments at partnered merchants in cities like Barcelona. I suggest trying NFC for quick payments in retail environments, which felt remarkably fast compared to scanning QR codes.
• Recurring Buy Feature: You can automate crypto purchases at fixed intervals, smoothing out price volatility. This feature is great for Spanish investors looking for a “set and forget” approach in compliance with local dollar-cost averaging strategies.
• Staking and Yield Generation: Bit2Me allows users to stake supported assets and earn passive income. This is particularly appealing in Spain, where many users seek alternatives to traditional savings accounts.

Pricing:

Bit2Me offers several free services, such as account creation, wallet services, and basic platform access. Trading fees on Bit2Me Pro range from 0.60% (taker) and 0.50% (maker) for volumes up to €2,000, decreasing significantly for higher volumes, with maker fees dropping to 0% for the largest traders.

Link: https://bit2me.com/

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6) Coinbase

Coinbase is a hot, non-custodial mobile and web crypto wallet that enables secure storage and trading of digital assets. In Spain, it offers full Spanish language support, complies with local regulations, and facilitates smooth euro-to-crypto transactions amid growing adoption and clear tax rules.

Ideal for crypto newcomers, active traders, and tech-savvy savers, Coinbase offers robust security through biometric logins and third-party audits. Its DeFi integrations and real-time recovery options improve the overall user experience. From personal use, the in-app staking feature is a standout for earning passive income. However, users should be aware that fees may be higher compared to some alternatives.

Features

• SEPA Bank Transfers: Spanish users can instantly top up their Coinbase wallets via SEPA bank transfers without extra fees. This makes it easy to move EUR from a local Spanish bank account directly into your crypto portfolio. I suggest linking your primary account for faster access.
• In-App Staking: Users can stake supported assets directly in the app and earn passive rewards. This is especially attractive for Spanish crypto enthusiasts looking to maximize yield while holding coins securely in their wallets.
• Gasless Transactions: Coinbase Wallet enables gasless transactions on select networks. While testing this feature in Madrid, I noticed quick, fee-free swaps—ideal for experimenting with new tokens without worrying about network fees.
• Advanced Security Controls: Coinbase Wallet uses biometric authentication, multi-factor access, and optional security locks. I would recommend activating all options for enhanced protection, especially if you’re managing large assets from Spain.
• Easy Fiat On-Ramp: Spanish users can buy crypto instantly with credit cards or bank accounts in EUR. This integration saves time and simplifies the path from fiat to digital currency for everyday users.

Pricing:

Coinbase offers free cryptocurrency deposits. Coinbase (COIN) trades at $355.80 on NASDAQ. Trading fees range from 0.60% (taker) and 0.40% (maker) for volumes under $10,000, decreasing to 0.05% and 0.00%, respectively, for volumes above $400 million.

Visit Coinbase >>

Comparison between the best Crypto Exchanges in Spain

Feature	Zengo	Uphold	Kraken	Binance
SEPA € deposits/withdrawals (incl. Instant)	✔️	✔️	✔️	✔️
Staking	✔️	✔️	✔️	✔️
AML compliance	✔️	✔️	✔️	✔️
Multi-platform support	✔️	✔️	✔️	✔️
Built-in tax reports / CSV exports	❌	❌	❌	✔️

Which Security Measures are Followed By Top Crypto Exchanges in Spain?

Top crypto exchanges in Spain prioritize robust security frameworks to safeguard user assets and maintain regulatory credibility. Here are the key practices commonly observed:

• Regulatory Compliance: Leading platforms operating in Spain, such as Zengo and Uphold, adhere to frameworks set by reputable regulators like the FCA (UK), BaFin (Germany), and CySEC (Cyprus). These authorities mandate rigorous operational, financial, and cybersecurity standards.
• Strict KYC & AML Protocols: All major exchanges implement Know Your Customer (KYC) and Anti-Money Laundering (AML) checks. Users must verify their identity before accessing core features, and transactions are monitored to detect and prevent illicit activity.
• Insurance Coverage for User Assets: Top crypto exchanges in Spain maintain dedicated insurance funds to reimburse users in the event of eligible losses due to security breaches or system failures. It enhances user confidence and financial protection.
• Proactive User Education: Platforms provide clear risk disclosures and emphasize best practices, such as enabling two-factor authentication (2FA), using strong passwords, and recognizing phishing attempts. This shared responsibility model strengthens overall ecosystem resilience.

Together, these measures help create a secure, regulated environment for crypto trading in Spain; one that balances innovation with user protection.

What Recent Initiatives by Leading Spanish Banks (BBVA, Banco Santander) Encourage the Spanish Crypto Traders?

Top Spanish banks like BBVA (Banco Bilbao Vizcaya Argentaria) and Banco Santander are embracing crypto innovation. BBVA now offers bitcoin and ether trading and custody within its app, creating a seamless banking-crypto experience. It’s also advising wealthy clients to allocate 3–7% to digital assets. Meanwhile, Banco Santander is exploring crypto access for retail clients via Openbank and developing a euro-backed stablecoin. BBVA, too, is piloting a stablecoin with Visa, reinforcing Spain’s commitment to regulated digital assets under the EU’s MiCA framework. These moves signal a growing institutional push to legitimize and integrate crypto within Spain’s mainstream financial ecosystem.

How does the CNMV identify and warn Spanish Crypto Traders about fraudulent crypto channels?

The CNMV monitors websites, YouTube, and Telegram for unauthorized crypto investment activities. It flags red signs like unverified licensing claims, guaranteed returns, and misleading content. Once detected, the CNMV publishes official warnings naming unregistered entities on its website and issues public alerts through media channels. These notices explain the risks and clarify that the listed firms are not authorized to operate in Spain. It empowers traders to avoid scams and stay informed.

What steps can investors take to recognize and avoid flagged crypto schemes?

Fraudulent crypto schemes often promise guaranteed returns. Such schemes use aggressive marketing and request payments only in crypto, especially via unsolicited channels. Many lack transparency, offer vague details, or block fund withdrawals.

To mitigate such fraudulent crypto schemes, investors must follow the following tips:

• Research the project, its team, and regulatory status.
• Use reputable platforms and wallets; enable 2FA.
• Never share private keys or click suspicious links.
• Verify if the entity is registered with CNMV or other regulators.
• Follow trustworthy crypto news sources to stay informed.

These tips can help Spanish investors sidestep high-risk schemes and make safer crypto choices.

How does the new EU Markets in Crypto-Assets (MiCA) regulation affect Spanish crypto users?

MiCA/MiCAR (Markets in Crypto-Assets Regulation) introduces standardized EU-wide crypto rules, offering Spanish users greater legal clarity and protection. The new MiCA-accredited rules benefit Spanish crypto users with improved transparency in crypto usage, reduced chances of fraud risks, stricter advertising guidelines, fraud risk reduction, and enhanced transparency. The regulation also enables centralized oversight via national and ESMA registries. Overall, MiCA promotes market integrity and paves the way for broader crypto adoption and innovation across Spain.

FAQs

Verdict