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Bitstamp 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.
Kriptomat Kriptomat is a Bitcoin & crypto exchange based in Europe. It offers quick verification and the ability to buy bitcoin, ether, litecoin and other coins. Buyers can get coins using a credit card, debit card, SEPA, Skrill, Sofort and other payment methods.
Bity 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.
Bitcoin ATMs 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
Bitfinex 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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A court case in 2020 laid the ground work for cryptocurrency to be treated as currency in France.(2)
While France is a very crypto positive environment, recent statements by Finance Minister Bruno Le Maire note a cautious pullback. Le Maire wants a review of the crypto tax rules, has stated concern about crypto mining energy consumption, and the potential of blockchain technology to usurp the role of France’s fiat currency, the euro. However, Le Maire has also said, “We want France to be the European hub of the crypto asset ecosystem.”(3)
Keep reading to learn more about Bitcoin in France and how you can get started in bitcoin.
Bitcoin was first created in 2008 and gained traction slowly for the first few years. Once it started getting big, people from all over the world were involved in the mining, exchanging, and purchasing of Bitcoins.In 2019, the French government allowed Bitcoin to be accepted as a form of currency.
Thanks to the integration between Bitcoin software and point-of-sale software, it's now easy to pay for physical merchandise with cryptocurrency. Because of this, it's expected that Bitcoin will continue to gain popularity in France. Those who already have it will finally be able to use it and those who don't have any can look into getting some.
If you're interested in getting Bitcoins, let's look into a few of the ways you can do that in France.
One of the easiest ways to buy Bitcoin in France is through cryptocurrency exchanges. There are several exchanges offering Bitcoin in France, allowing you to 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 that certain exchanges might require you to get a wallet of your own before being able to buy the digital currency. Even if there is no requirement, it is recommended to have a wallet of your own for security reasons (preferably a hardware wallet).
Another way to buy Bitcoins in France is through automated teller machines (ATMs). These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private.
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Marielle Cohen-Branche, of France's national financial markets authority (AMF), released a report for 2021 stating that 25% of suspected financial fraud cases reviewed by the organization involved crypto. This was a large increase over the 6% reported in 2020. The AMF warned French crypto investors that they should use registered providers or they may be left without protection from fraud.(4)
In order to avoid scams, individuals should always use reputable exchanges like those listed above for investing in bitcoin.
In March of 2020, a cryptocurrency investing fund scam put out advertisements with French Soccer player Kylian Mbappé's image that attributed fabricated quotes from him endorsing the company.
More specifically, the quotes attributed to Mbappé claimed that the algorithms used to trade investor money were so good they could make you a millionaire in a couple of months and the big banks were scared of this company.
Of course, Mbappé never made any of these claims, and this company doesn't invest any of the money given to them by customers. Instead they are likely running a ponzi scheme.(5)
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Citizens of Spain can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
You can use our Bitcoin ATM finder tool to find the one nearest 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.
As of now, Bitcoin is legal in France. The French government recognizes its use in some forms. However, banks and financial institutions might have restrictions. Users are required stay updated on the latest regulations.
Yes, Bitcoin is taxed in France. Capital gains from Bitcoin sales are subject to taxation in France. The French tax authorities classify them as movable property. Reporting obligations apply to individuals and businesses, so be sure to check with a professional.
Indeed, France hosts multiple Bitcoin conferences annually. It used to host the main Bitcoin Magazine conference. Paris, as a major European hub, often witnesses these gatherings. Professionals, enthusiasts, and startups frequently participate, sharing the latest Bitcoin insights and software developments.
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.
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