How to Buy Cryptocurrency in Greece

Buying cryptocurrency in Greece

Buying cryptocurrency in GreeceIf we were to ask an average Greek citizen about Bitcoin, chances are they’d look confused. The fact is that Greece is well behind in technological enhancement, and according to the European Commission, it’s ranked third from the bottom of the list. To sum up, Greece isn’t really known as a world-renowned Bitcoin capital. What it is known for is suffering a horrific Government debt crisis that almost took down the whole country. It is precisely for this reason that an increasing number of Greek citizens are looking for a safer alternative to keep their wealth intact, and it seems that more individuals are starting to recognize Bitcoin as a valuable asset. As far as regulation goes, there is no regulatory system of cryptocurrencies. The Bank of Greece did, however, issue announcements of its adopting European supervisory authorities’ views, advising consumers to be cautious in dealing and trading with cryptocurrencies.
As of 20/03/2021

Exchanges Info

These exchanges all accept customers from Greece. While they broadly offer the same services and you can buy cryptocurrency at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below

Bybit

Based in Singapore and registered in the British Virgin Islands, Bybit is a P2P cryptocurrency exchange offering perpetual futures products with 100:1 leverage. Bybit can process 100k transaction per second which is a great feature for leveraged trading.

Pros
  • Advanced and secure technology
  • Anonymous accounts
  • Attractive trading bonuses
  • Very low fees
Cons
  • Limited asset coverage
  • No option instruments
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Kraken

Kraken has a good reputation for security and protection of your funds and operates across the USA (except NY), Canada, the EU and Japan

Pros
  • It can be used to trade against fiat options
  • Robust security measures
  • Free SEPA deposits in Europe
Cons
  • Not a very beginner-friendly interface.
  • No card deposit options
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