Norwegian Exchanges Where You Can Buy Bitcoin

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Bitcoin is the first and most popular cryptocurrency in the world. It quickly became an accepted digital payment system in many countries, including Norway.

Norway is home to many crypto exchanges where you can sell and buy bitcoins. However, not all of them are worth visiting. On this page, find out about the best Norwegian exchanges to buy the popular currency.

This Norwegian guide to how to buy bitcoin: kjøpe bitcoin, also teaches you fast and secure ways to buy bitcoin.

It is important to note that in Norway bitcoin and other cryptocurrencies are recognized as taxable virtual assets under the law.

You should therefore research as you would when buying other stocks and securities before buying your Bitcoin. However, we have done the work for you. Below we have listed the factors you need to consider before selecting a crypto market to buy Bitcoin.

Good reputation

Before working with a particular Norwegian crypto exchange, make sure that it is tested and approved. Ask crypto traders you know if trusting your money with the exchange is a good decision. There are cases of people who have lost huge sums of money due to scammers posing as exchangers. Don’t just ask your acquaintances. Make your own discoveries on the Internet. Check customer reviews on the platform.

Payment method

Each crypto exchange has its accepted payment methods. Their banking options often range from wire transfers to debit/credit cards and e-wallets. Check the payment methods of the exchange you intend to trade with and see if it meets your needs.

Billing Setup

This is another factor that varies across different digital currency exchanges. It is important that you know the exchange fees you have chosen on transactions.

Some exchanges may have hidden fees. Be sure to read the terms and conditions before using it.

Security

This is probably the most important factor. You need to ensure that the exchange is highly secure and fortified against hackers. Do some research and find out if the exchange has been prone to hacking in the past or has a long history of website downtime.

Best Crypto Exchanges in Norway

Coinbase

Coinbase has been in the game for quite some time and has established itself as one of the leading exchanges in Norway.

The exchange has maintained a positive reputation during its ten years of existence. Client assets are stored in a highly secure and insured facility. Other security features include multi-factor authentication and Coinbase Vault.

Creating an account with them is quick and stress-free. You get a sign-up bonus of 88 NOK. Transfer fees include NOK 8.72 – NOK 26.35 for transactions below NOK 1,762. Transactions above NOK 1,762 incur a fee of 1.49% to 3.99%

Firi

Firi is one of Norway’s largest and most popular crypto exchanges. Security measures include two-factor authentication and coins kept in cold storage and insured with approximately $160 million.

Firi charges 0.5% transaction fees. You get 55 NOK for signing up and connecting your bank account. Plus, you get Cardana for free when you make your first crypto purchase. Apart from Bitcoin, Firi also supports five other cryptocurrencies.

Firi operates under the regulations of the Financial Supervisory Authority of Norway (FSAN), so the safety of your funds is guaranteed when dealing with this exchange.

eToro

eToro has one of the largest customer bases in the world, with 25 million customers in around 150 countries. It supports 17 cryptocurrencies and supports easy crypto conversion.

However, you need NOK 88.11 to open an account with them. When you sign up, you will receive a huge sign-up bonus of NOK 440.8. The application fee is 0.75%. Apart from being a crypto exchange, it also acts as a broker and offers forex trading services.

NBX

NBX was established in 2020 and has attracted over ten thousand users so far. The exchange has a very low transaction fee of 0.5%.

For every transaction you make, 20% of your money is converted into CashPoints which you can redeem for airline tickets. When you create an account, you receive a sign-up bonus worth NOK 150 in Bitcoin.

Kucoin

Popularly referred to as “The People’s Exchange”, Kucoin was founded in 2017 with the aim of creating a user-friendly and secure platform for crypto users.

It supports 600 cryptocurrencies and has security features like multi-factor authentication, encryption, and trade passwords. You get NOK 88.11 after creating a free account with them, and you can stake your coins on the platform. Transaction fees range from 0.0125% to 0.1%.

Kucoin also provides services for people interested in crypto trading.

Kaupang

If you want a crypto exchange primarily dedicated to serving Norwegians, then Kaupang is your best bet. Whether you are a beginner or an old timer, you will find buying coins in this market quick and easy. Kaupang is registered under the supervision of Finanstilsynet. It also has the latest security encryption on its site, ensuring that your transactions and information are safe.

Crypto.com

Crypto.com is on our list for several reasons. First of all, it includes over 250 cryptocurrencies that you can buy at affordable market rates. It also has a personalized Visa card that gives you 8% back on your transactions, plus no top-up fees. Moreover, the crypto app rewards you on your holdings. It’s no wonder that crypto.com is one of the fastest growing crypto markets in the world.

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Norwegian Exchanges Where You Can Buy Bitcoin


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