Best Crypto Exchange In Malta

Page Summary

This guide offers insights into the best crypto exchanges in Malta. We have tested and analyzed 133 exchanges based on 8 distinct categories. We evaluated all aspects of their offering, including exchange costs, platforms, apps, deposits & withdrawals, portfolios, customer support, safety, and liquidity. 

Crypto trading platforms with the best scoring are below. 

Top 5 Crypto Exchanges In Malta

  1. Binance – Best overall crypto exchange.
  2. Kraken – Sophisticated trading tools for experienced investors.
  3. Bittrex – Versatile portfolio and secure trading platforms.
  4. Crypto.com – Excellent portfolio and trading app.
  5. Bitstamp – Low trading fees.

Best Crypto Exchanges In Malta – List

ExchangeOverall ScoreGeneral infoFees (Maker/Taker)Spot Volume (BTC)
#1Binance4.3Best overall crypto exchange0.1% /0.1%$806,899,070
#2Kraken4.5Best for experienced investors0.16%/0.26%$53,964,331
#3Bittrex4.7Versatile portfolio and secure trading platforms0.16%/0.1%$23,118,221
#4Crypto.com4.3Excellent portfolio and trading app1.99%/1.99%$451,706,550
#5Bitstamp2.3Low trading fees0.16%/0.16%$13,764,224

This section below breaks down the best crypto trading platforms in Malta, beginning with the best rated…

1. Binance – Best Overall Crypto Exchange 

binance-logo

Rating: 3,1/5

Min Deposit:

Fees: 4.9

Assets available: 5.0

Total Fees:

Binance is the largest exchange in the industry and is a top choice for high-volume crypto traders. It has an excellent portfolio and a low fee structure. Binance offers professional trading tools and order types. High-volume traders get access to high spot trading volumes. 

This exchange has many premium account features, including OTX trading and staking rewards. Account-holders receive between 1 and 10% for holding different coins over time. We do not recommend Binance for new traders. 

Pros

  • The best daily trading volume for both spot Crypto trading and for Crypto derivatives
  • The best choice of different assets to trade
  • Great choice of saving and stalking options
  • Very competitive trading fees
  • Very good trading platform with lots of advanced features
  • Easy sign-up process
  • Very good choice for mobile trading
  • Great deposit and withdrawal options

Cons

  • Exchange has been hacked in the past
  • Considerable withdrawal fees
  • Customer support is sometimes hard to

Key features

  • Spot and derivative crypto trading
  • P2P (Peer-to-peer) crypto trading available
  • Trading platform integrated with tradingview; automated trading available
  • Savings, staking, crypto loans, Binance smart pool
  • Binance liquid swap
  • Binance Visa Card

2. Kraken – Best Trustworthy Exchange 

Kraken logo

Rating: 2,6/5

Min Deposit:

Fees: 3.9

Assets available: 4.5

Total Fees:

Kraken is a leading global exchange with an excellent reputation and good track record. It has a long-standing operational history and attractive safety measures. All account holders receive access to highly trusted platforms that use industry-leading technology. 

Kraken offers a proprietary trading platform and lets users buy and sell cryptos with competitive fees. It provides different order types and an instant buy feature. Kraken has valuable learning materials and research tools. 

Pros

  • Great offer of different crypto trading instruments
  • Very competitive trading fees
  • Very good trading platform
  • Highest security standards
  • Very good trading volumes
  • Very good mobile trading application
  • Wide range of educational materials

Cons

  • Not beginner friendly
  • Slow customer support

Key features

  • Spot and margin crypto trading
  • Crypto earn, staking, crypto bank
  • Kraken account management
  • Serve corporations, wealth managers, investment funds

3. Bittrex – Best Exchange With Secure Services

Bittrex logo

Rating: 2,1/5

Min Deposit:

Fees: 2.0

Assets available: 4.1

Total Fees:

Bittrex is a secure, centralized exchange with an attractive portfolio and platform. It has an impressive daily trading volume of $300 million. This exchange has a good reputation and uses premium safety protocols. Bittrex is a top crypto-to-crypto exchange for traders at all levels. 

This exchange provides access to a digital wallet service and automated trading. Bittrex has a proprietary app available on iOS and Android devices. This platform is user-friendly, but it has limited learning tools. 

Pros

  • Great choice of trading instruments
  • Very good trading platform
  • Very good security standards
  • Good choice of deposit and withdrawal methods
  • Very good mobile trading platform
  • Easy signup process

Cons

  • No margin trading (Crypto derivatives)
  • Being hacked previously
  • Limited customer support
  • Trading fees are higher than average
  • Lacking some advanced features (savings, staking …)

Key features

  • Spot Crypto trading
  • Trading platform integrated with tradingview; automated trading available

4. Crypto.com – Best Exchange App 

Crypto.com logo

Rating: 2,5/5

Min Deposit:

Fees: 3.2

Assets available: 3.8

Total Fees:

Crypto.com is a popular crypto exchange app with access to a comprehensive portfolio and secure services. It offers industry-leading safety measures for all account holders, including two-factor authentication. The Crypto.com app is simple to use and available on Android and iOS. 

Crypto.com has average crypto trading fees. It offers bonuses and rewards for holding specific coins. This exchange has an attractive portfolio with 250 different cryptos, including Bitcoin and Ethereum. 

Pros

  • Highest security standards
  • Great offer of crypto trading instruments
  • Very good trading platform
  • Very good research and educational tools
  • Very good mobile trading application
  • Very good wallet

Cons

  • Slow customer service
  • Very complex fee schedule (if you do not hold Cronos tokens fees are high)
  • Difficult to navigate

Key features

  • Spot and margin crypto trading
  • Crypto payments
  • Crypto.com Visa Credit Card
  • Staking, crypto loans
  • Proprietary Cronos tokens

5. Bitstamp – Best Exchange With Low Trading Fees 

Bitstamp logo

Rating: 2,3/5

Min Deposit:

Fees: 2.5

Assets available: 3.0

Total Fees:

Bitstamp is a reputable cryptocurrency exchange with low trading costs. It offers intuitive trading services and platforms with easy-to-use interfaces. The fees at Bitstamp range from 0.14% to 0.50% based on the coin you trade. The minimum trade with this exchange is $20. 

Bitstamp has a simple platform with access to advanced features and materials. Users receive access to a sophisticated mobile app available on Android and iOS. Their coin selection is average, and it’s missing popular coins. 

Pros

  • Well regulated
  • One of longest standing crypto exchanges
  • Very good trading platform (integrated with trading view)
  • Beginner friendly trading interface
  • Great mobile application
  • Good choice of deposit and withdrawal options
  • Very good customer support

Cons

  • Limited list of supported currencies
  • No margin trading (crypto derivatives)
  • Complex KYC and verification process
  • 2015 hack resulted in the loss of $5.2 million worth of BTC
  • Higher fees for credit card deposits

Key features

  • Spot crypto trading
  • Crypto earn (staking)
  • Trading platform integrated with tradingview; automated trading available
  • Offers services to brokers, prop traders, banks, neo banks, hedge funds

How To Select A Crypto Exchange? 

The main aspects to consider when selecting a crypto exchange include costs, platform availability, deposits & withdrawals, asset portfolios, customer support, safety protocols, and liquidity. 

Fees: You shouldn’t choose exchanges with high trading costs, hidden fees, and overnight fees. 

Trading Platforms: Platforms have to be user-friendly and intuitive. Select an exchange with straightforward designs and access to fast executing platforms. 

Mobile Trading: Search for access to a reliable and secure mobile app. Crypto trading apps need to provide the same charts and tools as their web versions. 

Deposit & Withdrawal: Choose an exchange with access to many funding options and transparent fee structures. 

Assets: Search for an exchange with a comprehensive portfolio. Exchanges that don’t offer popular altcoins put your capital at risk. 

Customer Support: Traders at all levels benefit from access to responsive customer service. Search for an exchange with knowledgeable support available in your language. 

Liquidity: Liquidity and high trading volumes guarantee you will sell your cryptos. 

Security: We recommend selecting a centralized exchange offering proof of funds and penetrations tests. 

*Safety Risks For Maltese Citizens

Trustworthy cryptocurrency exchanges for Maltese citizens are government-regulated and have trading licenses. Larger exchanges have a banking history and are on a stock exchange.

Regulation Of Cryptocurrency Exchanges in Malta

The Malta Financial Services Authority (MFSA) is the single financial regulatory authority that regulates all financial activities in Malta. It manages all financial transactions, including cryptocurrency trading. Cryptocurrency exchanges registered in Malta have to request a license from the MFSA and follow strict AML and CFT standards. 

Is Cryptocurrency trading legal in Malta?

Cryptocurrency trading in Malta is legal. Malta implemented different regulations to offer a specific regulatory framework for service providers to operate. The Virtual Financial Assets Act and the Malta Digital Innovation Authority Act support all crypto activities and facilitate all services related to crypto transactions. 

How To Start Trading With – Binance

Binance is a popular, trustworthy cryptocurrency exchange in Malta because of its valuable portfolio and reliable crypto trading platforms. Here are the steps you need to take to start crypto trading with Binance. 

Step 1: Open up the Binance official website 

Find the link to the Binance crypto website under this link here: https://www.binance.com/en

Step 2: Click on the “Get Started” button 

Open a new Binance account by clicking on the “Get Started” button. Use your phone or email to create a new account. 

binance-account-opening

Step 3: Verify your Binance account 

After submitting your personal information to create an account, open your email. Click on the verification link and follow the steps necessary to verify your account. 

Step 4: Buy crypto coins 

After passing verification, you can buy, hold, and sell fractions of different cryptos. To own a crypto asset, you don’t need to buy an entire coin. 

Conclusion

We recommend Binance as the best crypto exchange in Malta. They offer secure exchange services, a valuable mobile app, and an excellent crypto trading portfolio. Kraken comes in second place as a secure exchange with industry-leading safety protocols.  

FAQ

What Is A Centralized Exchange? 

A centralized exchange is a private company that offers crypto trading platforms. These exchanges comply with strict rules and request identification, known as the Know Your Customer rule. 

What Is A Decentralized Exchange? 

A decentralized exchange (DEX) is a provider with no central control point. It works as a server with an exact copy of the exchange on different devices. DEXs use robust protocols, including the “automated market maker” protocol. A decentralized exchange relies on user-contributed liquidity pools to enable trading without the need for an order book or central trading desk.  A DEX doesn’t comply with the rules of any regulatory body. It doesn’t follow KYC rules. Decentralized exchanges are challenging to hack but have serious safety risks if misused. If you want to trade on a decentralized exchange, you risk losing all of your funds. 

Can You Own Cryptos In Malta? 

Yes, you can own, hold, sell or buy cryptocurrencies in Malta. You need to use a trusted and centralized exchange to avoid risks. 

Is Crypto Legal Tender In Malta? 

Malta has precise regulations concerning the use of cryptocurrencies. The Malta Financial Services Authority (MFSA) permits the trading and commercial purposes of Bitcoin and other digital assets. 

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Disclaimer

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

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