How to Buy Cryptocurrency in Spain

Buying cryptocurrency in Spain

Buying cryptocurrency in Spain In 2021, Spain�s government proceeds to harden its attitude towards cryptocurrencies. What�s more, the Spanish Secretary of State for the Economy, Ana de la Cueva voiced her opinion on cryptocurrencies and the risk they present for Spain�s economy. She also stated that cryptocurrencies like Bitcoin pose a risk since users aren�t protected like they are conventional payment systems. The Secretary added that there is no guarantee system when it comes to Bitcoin. She replicated the state�s previous rhetoric regarding cryptocurrencies, emphasizing the lack of a regulatory framework within the industry. Other concerns about Bitcoin use are related to the fact that it isn�t supervised, and cannot be sanctioned, solidifying the stance that there is a lack of clarity on the nature of Bitcoin. According to a recent report, the Spanish authorities even passed a bill where cryptocurrency owners are required to disclose their crypto holdings and gains on assets.
As of 20/03/2021

Exchanges Info

These exchanges all accept customers from Spain. 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

Open a Bybit Account

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.

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