We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.
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.
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.
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
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 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.
-
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.
The ATM is to the right just off the main hall at the entrance. There is parking available at the building
The ATM is of the first floor next to the ACP shop close to the Auchan.
The ATM is located inside the Castilho Cafetarias
The ATM is located inside the cafe. There is available parking at the building.
The ATM is located inside the Home With a View.
The ATM is located in the building to the left by the VOG Cafe entrance.
The ATM is located inside and to the left of the charging station
-
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.
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.
-
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)
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
-
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.
-
Citizens of Portugal can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
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.
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.
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.