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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
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.
Bitstamp is one of the world's largest and most well-known Bitcoin exchanges. Deposits can be made through bank transfer, SEPA transfer, international bank wire, and now even credit cards.
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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Since 2018, the Economic Freedom of the World Index has ranked Ireland as one of the freest countries on Earth in terms of economic policies.(2)
The only limit to using cryptocurrency in Ireland is the Electoral Reform Bill 2022 banning political campaigns from accepting a crypto donation. The aim is to stop threats of influence from outside the country in elections.(3)
It is no wonder, then, why Bitcoin has taken off so quickly in Ireland. Ireland is home to many Bitcoin ATMs and businesses transacting in Bitcoin.
One of the easiest ways to buy Bitcoin in Ireland is, of course, through cryptocurrency exchanges. All of the best exchanges servicing Irish residents are outlined above, 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 Ireland 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, they are more private than exchanges.
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In September of 2019, Employees of the Bank of Ireland were asked to testify against Mark Scott. Scott was one of OneCoin's legal counsellors, and he is charged with helping to launder $300M of stolen funds for the OneCoin Ponzi Scheme. Witnesses allege Scott used corporate accounts at the Bank of Ireland to launder the funds by lying to the witnesses about the source of the funds.
Scott denies knowing that OneCoin's activities were unlawful.
In June of 2018, Dublin-based crypto exchange Bitsane appeared to have shut down the exchange and run away with all 246,000 of its customers' deposited coins. For the most part, the funds stolen were in the form of Ripple's XRP token. Ripple, the company, actually listed Bitsane as one of its approved exchanges, making matters even more frustrating for victims who trusted Ripple to vet the exchanges that traded its coins.
Looking back, users reported having issues withdrawing coins as early as May, with Bitsane reporting that they were having technical issues with withdrawals.
The CEO and CTO are apparently unreachable by media, with the CEO apparently deleting his LinkedIn account.
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Citizens of Ireland can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
We discovered that there are 22 total Bitcoin ATMs across the Republic of Ireland. Most are in Dublin, but others can be found in Galway, Cork, and Limerick.
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.
The Bitcoin lottery in Ireland works the same as a normal lottery, where participants pick numbers and hope that the lottery operator randomly chooses the same numbers. If you pick the winning numbers, you win 1,000 Bitcoin or the cash equivalent of it.
The Bitcoin lottery is owned and operated by Gibralter-based Lottoland.
Lottoland no longer runs the Bitcoin Lottery in 2020.
Unfortunately, we have no data on Ireland's Bitcoin trading volume, but we do know that the daily trading volume for Ireland on LocalBitcoins is less than $1M in total.
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.