How to Buy Cryptocurrency in Poland
Buying cryptocurrency in Poland
In today’s day and age of new technology, there is a worldwide trend where most countries create or attempt to develop their very own currencies. Polish cryptocurrencies can also be found among thousands of these virtual currencies. As development continues to grow and information regarding cryptocurrencies spreads further, the world will experience even more benefits of new technologies. Even though it lacks legal regulations regarding cryptocurrencies, Poland doesn’t hinder its operations of participating in the creation of cryptocurrencies. There are several Polish projects that haven't gained world popularity yet, but are certainly important. The Golem Project (GNT) is one of them. Founded by Julian Zawistowski, it is basically a cryptocurrency supercomputer. GNT's goal was the creation of a decentralized open source node for its users. The central part of the project was to guarantee that GNT’s creation would minimize spending on research, as well as the analysis of detailed data.
As of 20/03/2021
Exchanges Info
These exchanges all accept customers from Poland. 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
Binance
Binance is one of the largest crypto exchanges with low fees, 100s of coins, and high trading leverage. It is one of the easiest & cheapest exchanges for crypto trading.
- Hundreds of coins and pairs
- Very low fees
- High liquidity
- No US residents
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.
- Advanced and secure technology
- Anonymous accounts
- Attractive trading bonuses
- Very low fees
- Limited asset coverage
- No option instruments
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
- It can be used to trade against fiat options
- Robust security measures
- Free SEPA deposits in Europe
- Not a very beginner-friendly interface.
- No card deposit options
Uphold Disclaimer: Asset availability on the Uphold platform is subject to region. All investments and trading are risky, and may result in the loss of capital. Cryptoassets are largely unregulated and are not subject to protection
Uphold
Based in Charleston, South Carolina. Serves over 184 countries and has done over $4 billion in transactions. Offers convenient options to swap between crypto, fiat, equities, and precious metals.
- Open to US residents
- Integrated with Brave Browser
- Over 50 different coins
- Also offers precious metals and equities
- Convenient and cheap deposit/withdrawal methods
- High trading fees
- Smaller coin selection compared to some
- No Paypal withdrawal option
- No instant debit card withdrawals