Best Crypto Exchanges in Finland

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Finland has formally recognized and regulated cryptocurrency activities since 2018. The Finnish Financial Supervisory Authority (Fin-FSA) oversees all crypto service providers, ensuring they comply with strict anti-money laundering and operational standards. However, regulatory compliance alone doesn't guarantee a high-quality user experience. This guide introduces the top cryptocurrency exchanges available in Finland, highlighting platforms that offer excellent value, user-friendly interfaces, local payment method support, and comprehensive trading features.

Top Crypto Exchanges in Finland

We conducted thorough research to identify the leading cryptocurrency exchanges serving Finnish traders. The following five platforms stood out due to their security, functionality, fee structures, and overall user experience.

  1. Blofin – Best for high-leverage futures trading with competitive fees
  2. Bitget – Top choice for its intuitive and user-friendly interface
  3. Uphold – Excellent for fee-free deposits and withdrawals
  4. Northcrypto – Ideal for its simple design and local Finnish presence
  5. OKX – Leader in low-cost derivative trading options

Comparison of Top Finnish Crypto Exchanges

ExchangeSupported CryptosSpot Fees (Maker/Taker)Futures Fees (Maker/Taker)Maximum LeverageKYC Required
Blofin394+0.10% / 0.10%0.02% / 0.06%150xNo
Bitget871+0.10% / 0.10%0.02% / 0.06%125xYes
Uphold250+0.95% / 1.25%N/ANoneYes
Northcrypto30+0.50% / 0.50%N/ANoneYes
OKX317+0.08% / 0.10%0.02% / 0.05%125xYes

Detailed Exchange Reviews

1. Blofin

Founded in 2019, Blofin is a rapidly growing cryptocurrency exchange providing access to over 347 cryptocurrencies for spot trading and more than 329 futures contracts. It attracts traders seeking high-risk, high-reward opportunities with futures leverage of up to 150x.

The platform is known for its low fee structure, charging just 0.10% for spot trades and 0.02% for futures makers. While Know Your Customer (KYC) verification isn't mandatory, completing it increases withdrawal limits. Blofin supports multiple fiat currencies including USD, EUR, and GBP, and accepts deposits through Google Pay, Apple Pay, and SEPA transfers.

With a daily futures trading volume exceeding $9.73 billion and 24/7 customer support, Blofin caters well to both beginners and experienced traders. The platform is not available in certain jurisdictions including the US, Canada, and China.

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2. Bitget

Bitget has established itself as a leading platform for serious traders in Finland, with an average 24-hour trading volume of $7.5 billion. Since its founding in 2018, the exchange has listed over 500 cryptocurrencies and gained recognition for its particularly user-friendly interface, making it an excellent choice for beginners.

The platform excels in social trading features, offering one of the best copy trading experiences that allows users to follow world-class traders. Advanced trading bots are available for those looking to automate their strategies. Bitget maintains a strong security record with no successful hacks in its history.

For education, Bitget Academy provides comprehensive learning resources on cryptocurrency trading. The platform supports euro purchases through Mastercard, Visa, and Union Pay. While deposits are free, withdrawal fees vary by cryptocurrency.

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3. Uphold

Launched in 2015, Uphold has grown to serve over 10 million registered users and supports more than 250 digital assets. The platform has facilitated transactions exceeding $4 billion, earning trust through its transparent operations and straightforward interface.

Beyond standard crypto trading, Uphold offers passive earning opportunities through staking with up to 16% APY. The platform also provides access to traditional markets including forex, precious metals, and equities. Security features include cold storage and two-factor authentication.

Uphold stands out for its fee-free deposit and withdrawal policy. Users can fund their accounts via debit card, credit card, Apple Pay, Google Pay, and SEPA bank transfers without incurring charges. 👉 Explore more strategies for maximizing returns across different asset classes.

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4. Northcrypto

Northcrypto is a locally established Finnish cryptocurrency exchange founded in 2018. The platform focuses on simplicity, supporting only eight major cryptocurrencies, which makes it ideal for beginners who prefer straightforward buying and selling without complex trading features.

The exchange supports ApeCoin, Bitcoin, USD Coin, Litecoin, Polygon, Chainlink, Ethereum, and Aave. All trades carry a uniform 1% trading fee. In addition to crypto services, Northcrypto offers private banking services to its users.

Deposits are free through SEPA bank transfers, while withdrawals incur a small €1 fee. As a Finnish company, Northcrypto operates under direct supervision of the Finnish Financial Supervisory Authority.

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5. OKX

OKX has established itself as a major global exchange with a daily trading volume of $18.7 billion. Since its launch in 2017, the platform has offered access to over 340 digital assets and is particularly recognized for its competitive derivative trading costs and high leverage options.

The exchange supports diverse trading options including spot, margin, and futures trading across 750 trading pairs. OKX provides automated trading solutions through both pre-built and customizable trading bots. The platform maintains strong security measures including proof of reserves and a $700 million "Risk Shield" fund.

Euro payments are supported through multiple methods including Apple Pay, Visa, Mastercard, and bank transfers. Deposits are free, while withdrawal fees vary depending on the specific cryptocurrency.

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Cryptocurrency Legality and Regulation in Finland

Cryptocurrency is fully legal and regulated in Finland. The Financial Supervisory Authority (Fin-FSA) oversees all digital currency providers and exchanges operating within the country. This regulatory body ensures that these organizations maintain high standards of security, reliability, and compliance with financial regulations.

The Fin-FSA specifically enforces compliance with anti-money laundering (AML) regulations and counter-financing of terrorism (CFT) requirements as outlined in the 5th Anti-Money Laundering Directive. Finnish crypto investors should be aware of potential tax obligations on their cryptocurrency investments, including capital gains taxes. Consulting with a tax professional is recommended to ensure full compliance.

How to Buy Cryptocurrency in Finland

Purchasing cryptocurrency in Finland is a straightforward process when using a regulated exchange:

  1. Select a crypto exchange: Choose from the recommended platforms above based on your trading needs and experience level.
  2. Register an account: Provide basic information such as your email address and create a secure password to open your account.
  3. Complete verification: Undergo the Know Your Customer (KYC) procedure as required by AML regulations. This typically involves submitting identification documents.
  4. Deposit funds: Fund your account using your preferred payment method. Most exchanges support SEPA bank transfers, credit/debit cards, and various digital payment options.
  5. Purchase cryptocurrency: Select the digital asset you wish to acquire, specify the amount, and complete your purchase.

Once your transaction is complete, you can store your cryptocurrency in the exchange's built-in wallet or transfer it to a personal wallet for enhanced security.

Frequently Asked Questions

Is cryptocurrency trading legal in Finland?
Yes, cryptocurrency trading is completely legal in Finland. The Finnish Financial Supervisory Authority (Fin-FSA) regulates all cryptocurrency exchanges operating in the country, ensuring they comply with anti-money laundering and financial regulations.

What payment methods can I use to buy crypto in Finland?
Most exchanges accept SEPA bank transfers, which are particularly efficient for euro deposits. Credit and debit cards (Visa/Mastercard) are widely supported, along with digital payment options like Apple Pay and Google Pay. Some platforms also accept local bank transfers.

Do I have to pay taxes on cryptocurrency profits in Finland?
Yes, cryptocurrency investments are subject to taxation in Finland. Capital gains from crypto trading are typically taxable. The specific tax treatment depends on your trading activity and holding period. Consult with a tax advisor familiar with Finnish cryptocurrency regulations for personalized guidance.

Which exchange is best for beginners in Finland?
Northcrypto offers the simplest interface specifically designed for Finnish users, though it supports fewer cryptocurrencies. Bitget provides a more comprehensive but still user-friendly platform with extensive educational resources suitable for beginners.

Can I use international exchanges in Finland?
Yes, Finnish residents can use international cryptocurrency exchanges that offer services in Finland. However, it's important to ensure these platforms comply with Finnish regulations and offer support for euro deposits and withdrawals.

What security measures should I look for in a crypto exchange?
Prioritize exchanges that offer two-factor authentication (2FA), cold storage for funds, proof of reserves, and a strong track record of security. Regulatory compliance with Finnish authorities is also an important security consideration.

Final Thoughts

Finland's regulated cryptocurrency environment provides a secure framework for digital asset trading. The best exchange for you depends on your specific needs: Blofin excels for high-leverage futures trading, Bitget offers an outstanding user experience, Uphold provides fee-free transactions, Northcrypto delivers simplicity for beginners, and OKX stands out for derivative trading with low fees.

When selecting an exchange, consider factors such as supported cryptocurrencies, fee structures, available payment methods, and security features. Regardless of your choice, always ensure you understand the tax implications of cryptocurrency trading in Finland and implement proper security measures to protect your digital assets. 👉 Get advanced methods for securing and growing your cryptocurrency portfolio in regulated markets.