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Bitstamp is one of the world's largest and most well-known Bitcoin & crypto exchanges. Deposits can be made through bank transfer, SEPA transfer, international bank wire, and now even credit cards.
Coinbase's exchange, Coinbase Advanced Trader (formerly called Coinbase Pro), is one of the largest Bitcoin exchanges in the United States. Users can fund their accounts via bank transfer, SEPA, or bank wire. Coinbase Advanced Trader offers good prices and low fees, but its confusing user interface may initially prove difficult to navigate. Visit Coinbase Advanced Trader's Website
Paybis is a popular cryptocurrency exchange. They serve 180 countries and 48 US states and are registered with FinCEN, making them a more trusted, regulated exchange. Paybis offers incredibly high limits and super fast payouts, not to mention 5 minute ID verification and nearly perfect review scores on Trustpilot.
bitcoinbon is an Austrian services which allows users to make cash purchases of bitcoins via redeemable paper coupons. The service is available at over 3,000 physical locations across Austria. Users may buy in amounts of €25, €50, or €100.
Coinfinity is a Bitcoin exchange based in Austria. Customers can buy bitcoin via SOFORT. Coinfinity also operates Bitcoin ATMs in Vienna and Graz and owns the above-mentioned bitcoinbon voucher service.
Bity is a Bitcoin exchange and ATM operator, based in Switzerland. Their 5 ATMs allow for a quick first purchase and only require phone verification for an initial buy limit of 1,000 EUR or CHF. Their online service accepts wire transfers, SOFORT and online bank transfers.
You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%. View Bitcoin ATMs
Hong Kong-based Bitfinex has long been one of the largest USD Bitcoin exchanges in the world. Bitfinex accounts may be funded by bank wire only, their fee on accepting such transfers is low at only 0.1%.
In August 2016, however, it was hacked and lost around 30% of its users funds. While Bitfinex can be helpful for buying large amounts of bitcoins, it is probably best to not use the exchange until it fully compensates affected users.
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In April 2022, major retailer MediaMarkt decided to install Bitcoin ATMs (also called BTMs or Bitcoin teller machines) in 12 of their retail locations. The company first did a pilot project in one store and has said that it proved “Bitcoin ATMs in shops offer an opportunity to attract new customers.”(3)
Austria has a major economy and is expected to have a growth in Gross Domestic Product (GDP) into 2027 based on current forecast.(1)
With that kind of growth, it means many Austrians are looking to expand their portfolio to include more non-traditional assets like Bitcoin and other cryptocurrencies.
You may be one of them...
One of the easiest ways to buy Bitcoin in Austria is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Austria, and you can easily select one based on your requirements and preferences using our guide. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before users select one.
Additionally, Bitcoin buyers need to keep in mind the fact that certain exchanges might require them to get a wallet of their own before they are able to buy the digital currency. Also, it is recommended to have a wallet of your own for security reasons, preferably a hardware wallet.
Another way to buy Bitcoins in Austria is through automated teller machines (ATMs). These ATMs allow users to instantly purchase the cryptocurrency using cash, and most of them only require a telephone number for verification, so long as you aren’t buying a lot of Bitcoin. You can locate Bitcoin ATMs in Austria using our Bitcoin ATM Map.
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As reported by Bloomberg, in February of 2018, Interpol made mass arrests on a group of scammers spread out across Denmark, Germany, and Latvia. These scammers defrauded hundreds of victims in Austria, Poland, Germany, and several other Eastern European companies. The scam firm, known as 'Optioment' claimed to deliver its customers with returns of 4% a week through arbitrage trading of cryptocurrencies.(2)
Instead, the whole operation was likely a pyramid and ponzi scheme that eventually resulted in an exit scam
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Citizens of Austria can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
You can use our Bitcoin ATM finder tool to find one near you.
Bitcoin prices are changing every second.
The best way to find the most up-to-date price of Bitcoin is to check out our Bitcoin price page.
Any exchange with a Euro trading pair will allow you to sell your Bitcoin for fiat currency. Bitpanda has EUR trading pairs for many popular coins.
BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. We also use trusted research and studies from other well-known sources. You can learn more about our editorial guidelines.