How to Buy Cryptocurrency in Slovenia
Buying cryptocurrency in Slovenia
With the establishment of the European Blockchain Partnership (EBP) in 2018, Slovenia, being one of the founding European members, has witnessed the growth of blockchain technology and cryptocurrencies. Slovenian citizens seem very aware of blockchain technology and most of them have, at some point, heard about Bitcoin. Currently, cryptocurrencies are considered virtual currencies in Slovenia, meaning they’re not recognized as monetary assets or financial instruments under Slovenian law. However, Slovenian officials concluded that owning or using Bitcoin and other cryptocurrencies is, in fact, legal. Additionally, mining is taxable, along with operating businesses using cryptocurrency as a payment method. Since Slovenia doesn’t have any tax-specific cryptocurrency laws, crypto communities have teamed up with different authorities to clear up misunderstandings in the field and to make sure that regulations don’t hinder development. Another interesting fact is that over a 1,000 locations in Slovenia (hotels, cafes, dentists, hair salons, etc.) accept cryptocurrency payments.
As of 20/03/2021
Exchanges Info
These exchanges all accept customers from Slovenia. 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
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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
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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
- 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
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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
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