Buy $100 worth of crypto and get a bonus $10

  • Trade crypto and digital assets
  • Significant sign-up bonuses
  • The most trusted finance platform

Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Your capital is at risk. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) &USA (by eToro USA LLC) which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

Various financial authorities in Belgium, such as the National Bank of Belgium and the Belgian Financial Services and Markets Authority, have issued warnings about the potential for losses in the Bitcoin and cryptocurrency market in the past. However, the European country is one of the best places to live in if you’re interested in crypto assets.

Citizens of Belgium have been able to purchase Bitcoin and other cryptocurrencies via exchange platforms for many years, and a majority of the largest exchanges in the world currently operate in the country. Notably, there are a large number of Bitcoin ATMs operating in Belgium, and the fees on these in-person transactions are lower than the rates found in most other parts of the world.

Read MoreRead Less

Best Cryptocurrency Exchanges in Belgium

eToro Exchange Logo

eToro

  • Great for crypto beginners
  • Solid crypto/general trading platform
  • Reliable company with solid trust in the community
  • Fully supports credit cards for deposits and withdrawals
Funding Methods e-Transfer & Wire Transfer
Cryptocurrencies 15+
Countries 70+
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Your capital is at risk. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. Only real cryptocurrencies are available to US customers.
Kraken Logo

Kraken

  • Exceptionally secure exchange with proof of reserves
  • Supports many different funding options
  • Accepts users from across the globe including USA and Canada
  • Very high trading volume
Funding Methods Wire Transfer, ACH
Cryptocurrencies 185+
Countries 150+
Coinbase logo new

Coinbase

  • Beginner-friendly UI make it easy to make quick buys
  • One of the oldest and most reliable exchanges
  • Earn $200 in free crypto after completing sign-up process. Terms apply.
  • Variety of products including exchange, staking, wallet
  • Advanced Trading options for experienced traders
Funding Methods Debit & Credit Bank, PayPal, ACH, Bank Transfer, e-Transfer
Cryptocurrencies 100+
Countries 100+
Bitpanda logo

Bitpanda

  • Trustworthy reputation
  • Best exchange in Europe
  • Variety of different crypto tokens available or trade
  • User friendly platform
Funding Methods Debit & Credit Card, Wire Transfer
Cryptocurrencies 40+
Countries 40+
Bitstamp logo

Bitstamp

  • One of the longest-standing Bitcoin exchanges
  • Serves over 3 million customers globally
  • Regulated in the EU and USA
  • Easy to understand for new users with iOS and Android apps
Funding Methods Credit & Debit Card, Wire Transfer & SEPA
Cryptocurrencies 5+
Countries 75+

Is it Legal to Buy Cryptocurrency in Belgium?

One of the first questions that newcomers to cryptocurrency have is about the legality of the entire crypto asset class ecosystem. While it’s true that some countries have implemented heavy restrictions on the use of Bitcoin and other cryptocurrencies, the reality is this technology is generally legal to use in free nations around the world—and that includes Belgium. In fact, Bitcoin is not subject to Value Added Taxes (VAT) in Belgium.

While there is a lot of noise in the media regarding the use of Bitcoin in illicit, criminal activities, the reality is that the average person on the street can still use this digital asset as a medium of exchange. For now, financial regulators in Belgium are mostly interested in tracking cryptocurrencies at the entry and exit points of the networks, which mainly means they are interested in the exchanges. This is why new users must hand over a large amount of personal information when they use one of these platforms in Belgium. However, it should be noted that this is the case for nearly all jurisdictions around the world.

Is Crypto Taxed in Belgium?

Yes. Crypto is taxed in Belgium.

The tax laws relating to crypto in Belgium are actually somewhat complicated so it might be worth getting an accountant if you have a large sum of crypto assets.

In short, crypto is taxed differently depending on:

  1. You trade crypto for a living.
  2. You are a high-risk investor.
  3. You are a regular investor.

If you trade crypto for a living then that will generally be taxed at the highest rate (anywhere from 25-50%). Meanwhile if you’re a high-risk investor you will likely be taxed at 33%. Meanwhile regular crypto investors can be tax exempt in certain situations.

Keep in mind these laws are frequently changing and CryptoVantage does not provide tax or financial advice so be sure to seek professional help for your tax issues.

How Easy is It to Buy Bitcoin in Belgium?

Buying Bitcoin in Belgium is extremely simple, as many of the major exchanges are able to operate in this country. Well-known exchange platforms, such as Coinbase and Coinmama, make it as easy as possible for anyone in Belgium to gain access to their first Bitcoin, and altcoins are easy to access as well. Well-established trading platforms for more advanced users, such as Bitstamp and Kraken, are also available.

There’s nothing wrong with using an exchange with a slick user interface to gain access to the crypto economy for the first time, but consumers should remember that these sorts of platforms for newcomers tend to come with higher fees.

Buying Bitcoin in Belgium at an ATM

Belgium actually has a decent amount of Bitcoin ATMs available and that can be an easy way for people to buy crypto without having to sign-up for an exchange.

It should be noted, however, that crypto exchanges tend to have far lower fees for buying crypto than Bitcoin ATMs so if you’re at all serious about purchasing a decent amount of crypto that you should probably just bite the bullet and sign-up for an exchange. Even better, get yourself a wallet and transfer your crypto off an exchange once you’ve acquired it.

Check out where you can find Bitcoin ATMs in Belgium.

What are the Best Bitcoin Wallets in Belgium?

Bitcoin wallets are universal so the best wallets in the rest of the world are also going to be the best in Belgium. That said here’s a look at some of the best wallets to safely store your crypto including two hardware wallets and one software wallet.

The Ledger Nano X product shot

Ledger Nano X

  • Flagship Ledger wallet with industrial-grade security with bluetooth
  • Supports over 1300 crypto assets and tokens
  • Supports all major desktop and mobile operating systems
  • Connect to Ledger Live for staking, DeFi, NFTs and more
Cost $150
Cryptocurrencies 1,300+
Mobile support iOS, Android
Trezor Model T Hardware Wallet

Trezor Model T

  • Top-tier cryptocurrency wallet with impressive touchscreen
  • Compatible with a number of software wallets
  • Store cryptocurrency, passwords and other keys with ease
  • Excellent customer support
Cost $215
Cryptocurrencies 1,000+
Platforms Supported Windows, MacOS, Linux
Exodus Wallet logo

Exodus

  • Free to download for desktop & mobile
  • Supports multiple hardware wallets
  • Supports over 100 cryptocurrencies
  • Great customer support
Cost Free
Cryptocurrencies 100+
Platforms Supported Windows, MacOS, Linux, Android, iOS

Whats the Best Cryptocurrency Exchange to Use in Belgium?

If you’re going to purchase cryptocurrency in Belgium, then you’ll want to find a platform that has a nice balance between usability and cost. If you’re not too concerned about handing your personal information over to a third party, then the best options in Belgium are going to be one of the established, centralized platforms that allow you to connect your bank account and gain access to global liquidity. In the case of Belgium, Kraken is the perfect exchange to choose due to the liquidity it offers on EUR trading pairs. Kraken’s fees are also extremely competitive on a global scale, and users are able to use a simplified trading interface that isn’t much harder to figure out than simply clicking a big button that says “Buy Bitcoin”.

While Kraken has features that are useful for newcomers, it’s still a platform that is mostly focused on more advanced cryptocurrency traders. A second option for an exchange with an easy to use interface is Bitpanda. Its intuitive design makes it extremely easy to navigate for crypto newcomers.

What is the Best Altcoin Exchange in Belgium?

If you’re already using Kraken for your Bitcoin purchases, then you’ll notice that there are a large number of altcoins available for trade on the platform as well.

For most cryptocurrency users, it’s likely that Kraken will have all of the coins or tokens that the user wishes to trade. However, Binance is an alternative option if you want to get into some of the more niche offerings on the market. Additionally, Binance is an attractive option for privacy-conscious users, as they tend to have lower requirements when it comes to account verification. That said, this limited version of anti-money laundering restrictions are limited to 2 Bitcoin’s worth of activity per day.

What is the Cheapest Way to Buy Bitcoin in Belgium?

While Belgium is known to be a hotbed of Bitcoin ATM activity, the reality is these systems will not give you access to cheap cryptocurrency transaction fees. For low fees, you’ll need to connect your bank account to a global exchange that has plenty of liquidity and is actually registered as a regulated entity. As mentioned previously, the relatively low fees combined with high EUR-based liquidity on Kraken make this platform the cheapest option for buying Bitcoin and most other cryptocurrencies in Belgium.

Bitpanda is the cheapest option when it comes to more user-friendly platforms, and they even have an advanced platform available for more experienced crypto traders in the form of Bitpanda Pro.

How Do I Sell Bitcoin in Belgium?

Selling your Bitcoin can be a pretty simple task, as there are a large number of Bitcoin ATMs in the country. These ATMs usually have fees in the range of 5% to 10% in various locations around the world, and the devices in Belgium tend to be on the low end of that range.

To get a better deal on your sale of crypto assets, you will need to go with an exchange like Kraken or Bitpanda. After connecting your bank account and sharing some personal details with the exchange, you will be able to sell your bitcoin on the exchange itself, at a much lower cost than at Bitcoin ATMs.

Can I Purchase Bitcoin with a Credit Card in Belgium?

If you’re going to purchase Bitcoin with a credit card in Belgium, then you may want to take a closer look at Coinmama. The platform offers the highest limits on the market in terms of purchases made via a credit card or debit card, and the fee for the purchase will be around 5%. You can also purchase Bitcoin instantly with a debit card via Coinbase at a lower cost; however, it should be noted that this exchange platform has lower limits in terms of how much cryptocurrency you can buy via this payment method.

Depending on your bank and credit card provider, you may not be able to purchase Bitcoin and other cryptocurrencies with it. In most cases, you will want to avoid purchasing Bitcoin via a credit card, as the fees make the transaction uneconomical in many situations.

Back To Top