Buying Cryptocurrency in Ireland

Buying Cryptocurrency in Ireland

Ireland is now one of the major European markets of cryptocurrency. Over the years the demand for virtual currency has increased. Ireland has its own virtual currency ‘Irish Coin’, but they also accept other types of cryptocurrencies.

eToro

eToro is an online platform used to trade cryptocurrencies. You can easily transfer cryptocurrencies like Bitcoin from the eToro platform to the eToro wallet. You will be charged 0.75% on Bitcoin and a bit more on Ethereum.

It is also possible to buy bitcoins infractions. On this platform, trade is conducted in US dollars, so any Euro you deposit is converted to dollars first. You will be charged a certain conversion fee.

Coinbase

This platform was set up in San Francisco to buy and sell cryptocurrencies. Their European headquarter is in Dublin and is regulated by the Central Bank of Ireland. You won’t be charged any fee for using the wallet service; however, you need to pay fees to buy and sell cryptocurrencies.

There will be bank transfer fees as well. You can link your debit or credit card with a coin base to withdraw money.

Degiro

You can buy shares in the Bitcoin tracker on Degiro. It is an online broker in Ireland. It is part of the Frankfurt stock exchange. It charges low fees which makes it affordable. However, it is a high-risk investment.

Revolut

This platform allows users to buy and sell cryptocurrencies. You can buy Bitcoins fractionally in Revolut. The exchange rate is low for premium uses. The cryptocurrencies here must be purchased in USD.

If you are interested in buying or selling cryptocurrencies in Ireland, then you can use one or more of these platforms. As you have seen the fees and conditions vary. You can use cryptocurrencies for gambling on irishonlinecasino.net or other sites.

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