Cryptocurrency

Top Crypto Exchanges in France

Written by Hannah Parker

Cryptocurrencies can be bought, sold, or traded using an online exchange.

There is more to cryptocurrency than investing or “mining’’ a currency. Within the crypto-verse, there are crypto exchanges, an online market in the form of a website or application that allows for the buying, selling, and trading of different cryptocurrencies. According to the Bitcode Method Review, Crypto exchanges work like online brokerages where users can deposit fiat currency (such as U.S. dollars) and use those funds to purchase cryptocurrency or trade it for another.  To learn more about cryptocurrencies, visit Coin Insider—  an efficient resource and a reputable crypto news site that gives in-depth insight and guides on cryptocurrencies. It is the authority on Bitcoin, Ethereum, ICO, and Blockchain news, providing breaking newsletters, insightful opinions, market analysis, and regulatory updates.

 

Cryptocurrency in France

Cryptocurrency is not only legal in France, but it also has tighter regulations than any other country. Various cryptocurrencies, including Bitcoin, can instantly be bought or converted from Euro to BTC in more than 450 ways, including using popular payment options in the country such as Revolut, PayPal, ApplePay, gift cards, PCS Prepaid Cash Services, bank transfer, among others.

In May 2022, Binance became the first crypto giant to be approved for regulation bu the Digital Asset Provider (DASP) registration, France being the first country in Europe to approve such a regulation.  This registration was a huge milestone for crypto as it allows Binance to operate in the country. Apart from Binance, numerous crypto exchange websites and applications are functional in France and are user-friendly to both beginners and those advanced and well-versed in crypto. 

There are various crypto exchange sites and platforms with varying rates. Below is a list of the top 3 crypto exchanges used in France.

Top 3 Cryptocurrency Exchanges in France:

Coinbase

Coinbase is currently the most prominent Bitcoin broker and the best exchange platform for beginners in cryptocurrency, as it is the easiest and fastest platform for beginners to purchase Bitcoin. This site supports and can be accessed by customers in over 30 countries, including France. Users can then buy cryptocurrencies, including Bitcoin, Ethereum, Tether, Altcoin, USD Coin, BNB and more through debit cards, bank transfers, SEPA transfers, and more.

 

Features: 

  • It provides a more secure way to trade and invest in various cryptocurrencies.
  • Coinbase made its debut on the public market in 2021, which helped many consider the crypto market legitimate.
  • Coinbase has high liquidity or daily trading volumes, allowing users to find their trades and exchange crypto more efficiently.
  • Crypto Trading Fee: between $0.99 and $2.99.

 

Pros of Using Coinbase:

  • Wide selection of cryptocurrencies to buy and trade.
  • Easy for beginners and advanced users to understand (user-friendly interface).
  • Easy to purchase crypto process.
  • Provides a more secure way to trade and invest in cryptocurrency

 

Cons of Using Coinbase:

  • Complex fee structure.
  • Higher fees.

 

Capital

Capital.com offers a variety of cryptocurrencies that can be traded in many different currencies. They offer pairings with the following cryptocurrencies: Bitcoin, Litecoin, Ripple, TRON, Ethereum and many others and allow users to study cryptocurrency price charts through the site.

Apart from cryptocurrencies, Capital allows users to trade crypto alongside stocks, commodities, Forex, market indices, ETFs, and more without trading fees.  It supports 100+ cryptocurrencies, and users can trade with 2x leverage on crypto (up to 500x leverage on other assets). What makes this site the overall best compared to others is not only its general functionality but its low charges that range from 0.1% – 0.3%, depending on the asset, making the overall cost of using the platform (0% trading commissions + 0.1% – 0.3% spreads) very low.

Capital further has a fully functional desktop platform. This well-rated mobile app can be found on the Apple Store and Google Play Store with a rating of 4.7/5 ), and an excellent demo account where you can practice trading with tangible assets in real-time.

 

Features:

  • Licensed by the Australian Securities and Investments Commission (ASIC)
  • Zero trading commissions
  • Tight spreads (0.1% – 0.3%) 
  • Supports 100+ cryptocurrencies
  • Allows up to 500x leverage (2x leverage on crypto)

 

Pros of Using Capital.com:

  • Fully functional demo account for paper trading.
  • Free deposits and withdrawals via debit/credit cards, bank transfer, POLi, PayPal, Apple Pay, etc.
  • Dedicated account manager you can reach at any time.
  • Zero trading commissions.

 

Cons:

  • Only CFD, actual stock, and spread betting (for UK clients) are available.
  • Smaller account currencies are not available.

This site is the best in crypto trading, with no trading commissions.

Crypto.com

Crypto.com is leading the ranks on the Cybersecurity Ranking and Certification Platform, making it the most secure exchange platform. The site has over 50 million users and is functional in 90 countries. The platform allows users to buy and sell more than 250 cryptocurrencies with 20+ fiat currencies using bank transfers or debit/credit cards, making it an ideal fit for anyone looking to invest in undiscovered altcoins before the masses.

Crypto.com also offers unique features that no other cryptocurrency exchange has. Users can trade options and futures contracts, earn interest by staking their coins, and make trades with up to 10x leverage when they feel particularly confident in a coin. Moreover, the company invested large amounts of money into their security, making trading on the platform safe. 

Top Features:

  • Free account opening.
  • Supports 100+ cryptocurrencies.
  • Allows up to 10x leverage.
  • Trade crypto derivatives (futures and options contracts).
  • Crypto.com platform can be found in the Apple and Google Play stores.

 

Pros of Using Crypto.com:

  • Average trading fees of 0.4%
  • Earn daily interest by staking your coins.
  • Purchase newly-listed at up to 50% off.
  • Free deposits for all cryptocurrencies.
  • Visa card with cash back rewards.

 

Cons:

  • Not as user-friendly as other platforms.
  • Coins aren’t universally available.
  • Poor customer service.
  • Lack of educational resources.

There are various crypto exchange sites and applications. Those mentioned above as the top three were rated due to their efficiency, functionality, security, and more. Additionally, conduct more research and find official sites to use as resources to help you keep informed.