Buy Crypto & Bitcoin in Portugal

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BitpandaBitpanda

Bitpanda is a Bitcoin broker based in Europe.

They have high payment limits and low fees across their wide range of payment methods.

Bitpanda offers customers the option to buy bitcoins with credit card, debit card, SOFORT, Skrill, NETELLER, giropay, eps, SEPA, and Online Bank Transfer.

Visit Bitpanda's Website

Pros
  • Some of the lowest fees for buying bitcoins with credit/debit card
  • Reliable and trusted broker
Cons
  • Fees aren't shown openly on the site but instead included in the buying price
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Ease of Use
Easy
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Privacy
Low
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Speed
Fast
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Fees
Low
reputation icon
Reputation
Trusted
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Limits
High

BitstampBitstamp

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.

Pros
  • One of the longest-running Bitcoin exchanges
  • Very low 0.25% fee, falling to 0.1% with sufficient trading volume
  • Offers wide range of altcoins
Cons
  • High 8% fee on small credit card purchases, falling to 5% with sufficient trading volume
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Ease of Use
Hard
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Privacy
Low
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Speed
Slow
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Fees
Average
reputation icon
Reputation
Trusted
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Limits
High

PaybisPaybis

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.

Pros
  • 24/7 live support
  • Paybis has extremely high limits
  • 5 Minute verification
  • Get payouts fast
  • Large selection of payment methods
Cons
  • No traditional order book for advanced traders
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Ease of Use
Easy
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Privacy
Low
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Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

CoinbaseCoinbase

Coinbase is the world's largest Bitcoin (BTC) broker. They represent an easy and fast way for new users to purchase bitcoins. Coinbase supports customers in over 30 countries, including the United States, Europe, UK, Singapore, and Canada.

Customers in the above-mentioned countries can purchase bitcoins by debit card, bank transfer, SEPA transfer, and more.

Get $5 in free bitcoin after you sign up on Coinbase and make your first trade. Visit Coinbase's Website

Pros
  • High liquidity and buying limits
  • Easy way for newcomers to get bitcoins
  • "Instant Buy" option available with debit card
Cons
  • Purchases made with bank transfer can take up to 5 days to complete
  • Coinbase may track how and where you spend your bitcoins
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Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Average
fees icon
Fees
Average
reputation icon
Reputation
Trusted
limits icon
Limits
High

Coinbase Advanced TraderCoinbase Advanced Trader

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

Pros
  • Some of the lowest fees available for US and EU customers
  • Possible to buy bitcoins for 0% fees
Cons
  • The user interface is confusing for first-time buyers
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Ease of Use
Hard
privacy icon
Privacy
Low
speed icon
Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

KriptomatKriptomat

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.

Pros
  • Available in 23 languages
  • Quick verification process
Cons
  • Limited payment methods
  • Only supports EU countries
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Ease of Use
Easy
privacy icon
Privacy
Low
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Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

BityBity

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.

Pros
  • Easy to start buying bitcoins after mobile phone verification
  • Payment limit of up to €100,000 annually after intensive verification
Cons
  • ID verification is required for most purchases, so not a private way to buy
  • Low annual limit of only €4,000 without intensive verification
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Ease of Use
Average
privacy icon
Privacy
Low
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Speed
Fast
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

BitstampBitstamp

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.

Pros
  • One of the longest-running Bitcoin exchanges
  • Very low 0.25% fee, falling to 0.1% with sufficient trading volume
  • Good range of deposit and withdrawal options
  • Deep liquidity promotes a price close to fair market rate
  • Offers wide range of altcoins
Cons
  • Geared towards traders; slightly confusing for first time buyers
ease icon
Ease of Use
Hard
privacy icon
Privacy
Low
speed icon
Speed
Slow
fees icon
Fees
Average
reputation icon
Reputation
Trusted
limits icon
Limits
High

Bitcoin ATMsBitcoin 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

Pros
  • Our map makes it super easy to find a Bitcoin ATM near you
Cons
  • Bitcoin ATMs often have 5-10% fees per purchase

BitfinexBitfinex

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.

Pros
  • Very low fees even for low volume buyers; 0.1% for market makers and 0.2% for market takers
  • One of the best ways to buy large amounts of bitcoins
  • Allows lending of fiat or bitcoin to margin traders at interest (but this is risky in light of the hack)
  • Very deep liquidity promotes a price close to fair market rate
  • Supports several altcoins
Cons
  • Was recently hacked and has yet to fully compensate all users for their loss
  • Geared towards traders; possibly quite confusing for first time buyers
  • Single payment option
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Ease of Use
Hard
privacy icon
Privacy
Low
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Speed
Varies
fees icon
Fees
Average
reputation icon
Reputation
Low Trust
limits icon
Limits
High

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Bitcoin ATMs in Portugal


We're maintaining our own database of Bitcoin ATMs in Portugal. Here is a list of the ATMs we've found. You can submit an ATM to use by using our contact form.

Find a Bitcoin ATM
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0 results found
  • ATM
  • ATMs in Portugal

    Yeah Atlantico

    The ATM is to the right just off the main hall at the entrance. There is parking available at the building

    address
    Variante do Fojo - Rua Padre Carmelitas
    Edifício Yeah Atlântico R/ch
    Braga 4719-005
    Portugal
    hours
    Mon-Thu 9:00 AM - 7:00 PM
    Fri 9:00 AM - 7:30 PM
    Sat 9:00 PM - 4:00 AM
    bitcoin litecoin
    buy Buy
    sell Sell
    Forum Algarve

    The ATM is of the first floor next to the ACP shop close to the Auchan.

    address
    Forum Algarve
    Faro, 8009–020
    Portugal
    hours
    Mon-Sun 10:00 AM - 11:00 PM
    bitcoin litecoin
    buy Buy
    sell Sell
    Castilho Cafetarias

    The ATM is located inside the Castilho Cafetarias

    address
    Rua Major Afonso Palla 25
    1495-001 Algés0
    Portugal
    hours
    Not Available
    bitcoin ethereum litecoin
    buy Buy
    sell Sell
    Sociedade Filarmónica Recreio Alverquense

    The ATM is located inside the cafe. There is available parking at the building.

    address
    Praça da Sociedade Filarmónica Recreio Alverquense
    Alverca do Ribatejo, 2615-391
    Portugal
    hours
    Mon-Sat 10:00 AM - 7:00 PM
    bitcoin litecoin
    buy Buy
    sell Sell
    Home With a View

    The ATM is located inside the Home With a View.

    address
    Rua Policarpo Anjos 73B
    Cruz Quebrada, 1495-207
    Portugal
    hours
    Mon-Sat 10:00 AM - 6:00 PM
    bitcoin litecoin
    buy Buy
    sell Sell
    TecMaia

    The ATM is located in the building to the left by the VOG Cafe entrance.

    address
    R. Eng. Frederico Ulrich 2650
    4470-605 Moreira, Maia
    Portugal
    hours
    Mon-Sat 10:00 AM - 6:00 PM
    bitcoin litecoin
    buy Buy
    sell Sell
    Power Dot Charging Station

    The ATM is located inside and to the left of the charging station

    address
    Rua Rocha Leão 320
    Vila Nova de Gaia 4430-198
    Portugal
    hours
    Mon-Sun 9:00 AM - 8:00 PM
    bitcoin litecoin
    buy Buy
    sell Sell
    Castilho Cafetarias
    ATM located at the Castilho Cafetarias in Lisbon.
    address
    Rua Major Afonso Palla 25
    1495-001 Algés
    Portugal
    hours
    unknown
    bitcoin ethereum litecoin
    buy Buy
    sell Sell
    Wash Station Lavandaria
    ATM located at the Wash Station Lavandaria in Caldas da Rainha.
    address
    Rua José Filipe Neto Rebelo, nº 2 A
    (Junto aos Bombeiros)
    2500- 222 Caldas da Rainha
    Portugal
    hours
    Mon - Sun 8:00 AM - 9:00 PM
    bitcoin litecoin
    buy Buy
    sell Sell
    Cotton Club Laundry and Café
    ATM located at the Cotton Club Laundry and Café.
    address
    Rua Andrade 15A
    Lisbon, 1170-014
    Portugal
    hours
    Mon - Sun 8:00 AM - 9:00 PM
    bitcoin litecoin
    buy Buy
    sell Sell
    Power Dot Charging Station
    ATM located at the at Power Dot Charging Station in Vila Nova de Gaia.
    address
    Rua Rocha Leão 320
    Vila Nova de Gaia 4430-198
    Portugal
    hours
    Mon - Sun 9:00 AM - 8:00 PM
    bitcoin litecoin
    buy Buy
    sell Sell
    TecMaia
    ATM located at the at Power Dot Charging Station in Vila Nova de Gaia.
    address
    R. Eng. Frederico Ulrich 2650
    4470-605 Moreira, Maia
    Portugal
    hours
    Mon - Sat 8:00 AM - 10:00 PM
    Sun 8:00 AM - 2:00 PM
    bitcoin litecoin
    buy Buy
    sell Sell

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    Bitcoin & Cryptocurrency Trading in Portugal


    The Portuguese economy is considered to be a steady and reliable one, continuing its expansion since 2014. The economic growth is supported by large companies with a worldwide reputation, but also by its sustainable tourism.(1)

    Portugal is considered to be a Bitcoin-friendly country. The Portuguese financial authorities treat Bitcoin as any other currency on the market. Up until 2023, gains and profits from Bitcoin transactions were not being taxed.(2)

    In October 2022, it was reported that new taxing rules will go into effect starting in 2023. For any digital-asset held for less than one year there will be a tax of 28% on any gains, while cryptocurrencies held over one year will be exempt from taxes. Authorities will also treat gains from the issuance of cryptocurrencies and mining operations as taxable income.

    The Central Bank of Portugal has started a process of approving crypto exchanges, and in July 2021, announced two exchanges had received approval.(3) The bank is clear that this is not an endorsement by the bank for cryptocurrency to be legal tender, but it does show an approval of the activities that these exchanges are providing. This approval does seem to be a long process, and it is reported that there are requests from more exchanges. It appears that these exchanges are still allowed to operate in the country without approval, perhaps because approvals are currently taking almost a year to complete.


    how to buy bitcoin in portugal

    One of the easiest ways to buy Bitcoin in Portugal is through the cryptocurrency exchanges outlined above. There are several exchanges offering Bitcoin in Portugal, 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).

    As of January of 2021, there are unfortunately no Bitcoin ATMs in Portugal.

    You can use our Bitcoin ATM finder tool to check back in occasionally and see if one has opened.


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    Exchange Hacks and Crypto Scams in Portugal


    Portuguese banks under phishing attacks

    Recently, the names of two Portuguese banks have been used used by the attackers. They sent e-mails to the customers and non-costumers, directing them to fake websites. These websites looked similar to those of the real banks. Once the victims visited the fake sites, they were asked for personal data (passwords, tax number, cards number etc.), so the attackers had all the information they needed to get into bank accounts and steal the money.(5)


    country image

    The Judicial Police in Portugal revealed this scheme extorted two victims for more then €70.000.

    While this isn't necessarily related to crypto, this is a common scam affecting crypto exchanges, so you should be weary when trading crypto in Portugal


    -

    Bitcoin Mining in Portugal


    Mining Bitcoin in Portugal may seem appealing to some thanks to their Bitcoin-friendly tax laws, but you'd be mistaken to overestimate Bitcoin mining profitability.

    Even the best Bitcoin mining hardware can't turn a profit in Portugal due to their high electricity costs, which are more than double that of the United States.

    Considering electricity cost is one of the main factors of mining profitability, it'd be impossible to turn a profit mining Bitcoin in Portugal.

    If you're in Portugal and want to mine, you're better off doing it in a country with cheap electricity like Georgia, which will dramatically lower your cost.

    Calculating your mining profitability is easy with our calculator tool. All you have to do is enter your miner's hash rate and electricity consumption/cost.

    For most residents of Portugal, buying Bitcoin directly from an exchange is your best bet.


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    FAQ


    Does Coinbase work in Portugal?

    Citizens of Portugal can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:

    • Bank Deposit
    • PayPal
    • 3D Secure Credit Card
    • Debit Card
    • Credit Card

    Where Can I Find a Bitcoin ATM in Portugal?

    At this time, there are no Bitcoin ATMs in Portugal.

    You can use our Bitcoin ATM finder tool to check back in occasionally and see if one has opened.

    What is the price of Bitcoin in Portugal?

    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.

    Article Sources

    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.

    1. Wikipedia - Portugal, https://en.wikipedia.org/wiki/Portugal
    2. Bloomberg - Crypto Taxes Can’t Stop the Party in Portugal, https://www.bloomberg.com/news/newsletters/2022-10-18/portugal-s-new-crypto-taxes-can-t-stop-the-party
    3. Business Insider - Portugal’s central bank clears two crypto exchanges for operations, https://www.businessinsider.in/cryptocurrency/news/portugals-central-bank-clears-two-crypto-exchanges-for-operations/articleshow/83705548.cms
    4. , https://www.safecommunitiesportugal.com/cybercrimealerts/massive-new-phishing-attack-has-targeted-several-portuguese-banks/
    5. Safe Communities Portugal - Massive new phishing attack has targeted several Portuguese banks, https://www.safecommunitiesportugal.com/cybercrimealerts/massive-new-phishing-attack-has-targeted-several-portuguese-banks/

    About the Author

    jordan tuwiner

    Jordan Tuwiner is the founder of BuyBitcoinWorldwide.com. He studied computer science at Towson University. Jordan has been writing about Bitcoin since 2015. His work has been featured in The Guardian, International Business Times, Forbes, VentureBeat, CoinDesk and many other top Bitcoin media outlets.



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