Investors looking to buy and sell cryptocurrencies online will first need to choose a suitable exchange that accepts customers in their country. Many top crypto exchanges accept Norwegian users and offer a huge number of supported markets, low fees, and support NOK deposits.
In this guide, we review and rank the best crypto exchanges in Norway for 2024.
The Best Crypto Exchanges in Norway for 2024
The best crypto exchanges in Norway asper our in-depth research are the providers listed below:
- Crypto.com – Buy and Sell Over 250+ Cryptos With Low Fees
- Bitstamp – Great Exchange for Experienced Crypto Traders
- Coinbase – Popular Crypto Exchange for Beginners
- Binance – Low-Commission Crypto Exchange With Over 600+ Tokens
- Firi – Domestic Crypto Exchange for Norwegian Traders
- NBX – Secure Bitcoin Exchange Licensed by the FSA
We ranked the above Norwegian crypto exchanges based on a variety of important criteria, which we discuss in more detail in the section below.
The Top Bitcoin Exchanges in Norway Reviewed
Reviewing the best crypto exchanges in Norway saw us explore everything from supported tokens and commission rates to customer service and accepted payment methods.
Consider the platforms discussed below when choosing the best Norwegian crypto exchange this year.
Note – while all of the exchanges reviewed below support deposits and withdrawals in NOK, most operate in USD. Therefore, metrics surrounding funding and commissions will be displayed in US dollars where relevant.
1. Crypto.com – Buy and Sell Over 250 Cryptos With Low Fees
Next on our list of the top crypto exchanges in Norway is Crypto.com. Users wanting to diversify will be pleased to know that Crypto.com offers over 250 crypto tokens, all available for trading at very low fees. The highest fee for investors in Norway is only 0.40%.
By holding CRO tokens or trading larger amounts, even lower commissions are available. Making a deposit into a Crypto.com account is easy when using a debit or credit card. This will attract a fee of 2.99% and the payment will be credited instantly.
Users in Norway who want to lower their deposit fees might want to try SEPA. While it takes longer, Crypto.com does not charge any fees for SEPA transfers. Just be ready to wait a few business days for the money to show up. There are no fees for opening a Crypto.com account or using its popular wallet.
The Crypto.com DeFi wallet can be downloaded as a mobile app for iOS and Android devices. It is a non-custodial wallet, so Crypto.com will not have access to the private keys. Therefore, this is a truly decentralized way to invest in the crypto markets. Moreover, the Crypto.com DeFi wallet also supports interest accounts and staking.
Interest accounts, in particular, are popular at Crypto.com. This is because users have the chance to earn a passive income of up to 14.5% annually. Moreover, those wishing to avoid volatility can generate interest of up to 10% on stablecoins. Users can choose from a lock-up period of one or three months. Flexible terms are available too, albeit, at lower APYs.
Crypto.com is also perhaps the best crypto exchange in Norway for NFTs. Its ever-growing NFT marketplace offers fee-free transactions for buyers and competitive rates for sellers. Finally, Crypto.com is a regulated entity with the legal remit to offer trading services to residents of Norway – so safety is assured.
| Number of Cryptos | 250+ |
| Debit Card Fee | 2.99% |
| Fee to Trade Crypto | Up to 0.4% standard commission |
| Minimum Deposit | $20 |
Features
Cryptoassets are a highly volatile unregulated investment product.
2. Bitstamp – Great Exchange for Experienced Crypto Traders
Bitstamp is perhaps the best crypto exchange in Norway for experienced traders. This platform offers a high-level trading suite that is accessible via standard web browsers. Those looking to take things to the next level might consider downloading the Bitstamp Pro software to their desktop device.
Either way, both platforms offer a wide variety of trading tools and features. This includes real-time data feeds on a 24/7 basis, technical indicators, chart drawing tools, and integration with TradingView. Bitstamp also offers advanced custom order types and significant liquidity levels for high-volume traders.
Fees are somewhat reasonable here, although, at a commission of 0.5% per slide, cheaper rates are available elsewhere. With that said, this commission is halved to 0.25% when users trade a minimum of $10,000 throughout the month. Debit and credit card fees are particularly extortionate at Bitstamp, with the exchange charging 5%.
Fortunately, those based in Norway can instead transfer funds via SEPA, which is free of charge. Do note that this can take 1-5 working days to process, so this won’t suit investors that wish to start trading instantly. Bitstamp was launched way back in 2011, so it carries a great reputation in the crypto space.
| Number of Cryptos | 155+ markets |
| Debit Card Fee | 5% |
| Fee to Trade Crypto | Up to 0.5% standard commission |
| Minimum Deposit | Not stated |
Features
Cryptoassets are a highly volatile unregulated investment product.
3. Coinbase – Popular Crypto Exchange for Beginners
Coinbase is one of the top crypto exchanges in Norway for beginners that seek a burden-free way of buying and selling digital assets. The platform supports more than 150 tokens – all of which can be purchased instantly with a debit or credit card. Coinbase charges 3.99% on debit/credit card transactions.
Another way to deposit funds into a Coinbase account is via a SEPA transfer. Just like Crypto.com and Bitstamp, SEPA deposits are processed by Coinbase free of charge.
When buying and selling crypto at Coinbase, users will be charged a commission of 1.49%. This commission reverts to a flat charge when investments of $200 or less are made. Coinbase has been offering crypto exchange services since 2013 and it is now used by more than 98 million verified clients. Coinbase is also a public stock on the NASDAQ exchange.
We also found that Coinbase is one of the best Norway crypto exchanges for its commitment to security and safety. No less than 98% of all client’s digital assets are kept offline in cold wallets, which alleviates the threat of an external attack. Moreover, all account holders are required to set up and deploy two-factor authentication.
| Number of Cryptos | 150+ |
| Debit Card Fee | 3.99% |
| Fee to Trade Crypto | 1.49% standard commission |
| Minimum Deposit | $50 is recommended |
Features
Cryptoassets are a highly volatile unregulated investment product.
4. Binance – Low-Commission Crypto Exchange With Over 600 Tokens
Binance is even larger than Coinbase when it comes to account holders and trading volume. Recent estimates put the total number of Binance users at more than 100 million and it typically facilitates tens of billions of dollars in daily trading volume. Binance was only launched in 2017, so this is a notable feat to achieve.
Binance is one of the best Bitcoin exchanges in Norway for asset diversity, not least because it supports over 600 coins. This not only includes conventional spot trading markets, but options, futures, and leveraged tokens too. Binance also offers several DeFi products that allow users to generate a passive yield on their crypto investments.
This is inclusive of interest accounts, staking, and yield farming. Attractive rates are available on smaller-cap tokens, but we found Crypto.com more competitive when it comes to earning interest on Bitcoin, Ethereum, and stablecoins. Nonetheless, Binance also stands out for its super-low commission structure.
This amounts to just 0.10% on each buy and sell order. This commission is reduced by 25% when buying and staking BNB tokens – which is native to the Binance ecosystem. Binance accepts instant crypto purchases with a debit/credit card payment and this is charged at a reasonable fee of 1.8% of the transaction amount.
| Number of Cryptos | 600+ |
| Debit Card Fee | Depends on the payment processor |
| Fee to Trade Bitcoin | 0.1% standard commission |
| Minimum Deposit | Varies depending on the payment type |
Features
Cryptoassets are a highly volatile unregulated investment product.
5. Firi -Domestic Crypto Exchange for Norwegian Traders
Firi is one of the best Norwegian Bitcoin exchanges for those seeking a domestic platform. Based in Norway, Firi now serves over 140,000 verified users. While the platform does not accept debit or credit card payments, Norwegians can deposit funds via a local bank transfer that is facilitated by Neonomics.
However, do note that even local payments can take 1 working day to arrive. Nonetheless, Firi offers a super-simple trading interface that is perhaps ideal for first-time investors. This is also the case for the Firi mobile app, which can be downloaded free of charge to both iOS and Android devices.
We like that accounts take just minutes to open and users can get verified near-instantly via BankID. With that said, a major drawback with Firi is that it supports just one crypto token – Bitcoin. Therefore, those looking to invest in a portfolio of alternative digital currencies will need to go elsewhere.
In terms of fees, users are not charged to make a bank account deposit in NOK. There are trading commissions to consider, which amount to 0.7% per slide. The fee for withdrawing Bitcoin out of Firi will be determined by the blockchain network. Finally, Firi also offers beginner-friendly guides on all-things crypto.
| Number of Cryptos | 1 – Bitcoin only |
| Debit Card Fee | Not supported |
| Fee to Trade Bitcoin | 0.7% standard commission |
| Minimum Deposit | Not stated |
Features
6. NBX – Secure Bitcoin Exchange Registered With the FSA
The final provider to consider from our list of the best crypto exchanges in Norway is NBX. Otherwise referred to as the Norwegian Blockchain Exchange, NBX allows users to trade digital currencies at a commission of 0.5% per slide.
Moreover, NBX does not charge any fees on deposits. Just like Firi, there is no support for e-wallets at NBX. The exchange does, however, support local bank transfers in NOK. Furthermore, NBX has recently partnered with Vipps to offer Visa and MasterCard payments. However, fees will be determined by the third party.
When it comes to safety, NBX is registered by the Financial Supervisory Authority of Norway (FSA). In total, NBX offers 25 trading markets – which is limited when compared to the other crypto exchanges that we have discussed today. This covers pairs denominated in NOK, USDC, and BTC.
| Number of Cryptos | 25 markets |
| Debit Card Fee | Depends on third party |
| Fee to Trade Bitcoin | 0.5% standard commission |
| Minimum Deposit | Not stated |
Features
The Best Norway Crypto Exchanges Compared
The table below compares the best Norway crypto exchanges in terms of supported coins, trading commissions, and deposit fees.
| Number of Coins | Fee for Buying Bitcoin | Debit Card Fee | |
| Crypto.com | 250+ | Up to 0.40% per slide | 2.99% |
| Bitstamp | 155+ markets | Up to 0.50% per slide | 5% |
| Coinbase | 150+ | 1.49% standard commission | 3.99% |
| Binance | 600+ | Up to 0.10% per slide | 1.80% |
| Firi | 1 – Bitcoin only | 0.7% standard commission | Not supported |
| NXB | 3 | 0.5% standard commission | Depends on third party |
How to Choose the Best Norway Cryptocurrency Exchange
Below we discuss some of the main criteria to take into account when searching for the best crypto exchange in Norway.
This will enable first-timers to choose a platform that meets specific requirements – such as low fees or small account minimums.
Regulation
Before researching an exchange in terms of its supported markets, fees, and other metrics – be sure to assess whether or not the provider is regulated.
The best Norway crypto exchanges will hold a license with at least one reputable body.
Choosing a regulated crypto exchange that supports Norwegian investors will ensure that traders can buy and sell digital assets in a safe environment.
Tradable Cryptos
The best cryptocurrency exchanges in Norway will host a wide selection of supported tokens and markets. At one end of the spectrum, you have Firi – which only supports Bitcoin.
This means that the only way to diversify into other crypto projects is to open an account with another exchange. In comparison, Crypto.com lists more than 250 tokens respectively.
Sign-Up Offers
From time to time, the best Norway crypto exchanges will offer new customers a bonus.
This might be a free allocation of crypto tokens for meeting a minimum deposit requirement – or for referring another user to the platform.
While sign-up offers, bonuses, and promotions can be enticing, it is important to read the terms and conditions thoroughly before claiming an offer.
Fees
Choosing the best Bitcoin exchange in Norway will also require a deep analysis of applicable fees. This starts with the deposit process, as certain payment methods will likely attract a charge.
For instance, while Crypto.com supports free SEPA transfers, it charges 2.99% on debit/credit card payments.
After crossing off deposit fees, be sure to check what trading commissions are charged. Crypto.com is particularly competitive in this department, with the platform charging a commission of just 0.4% per slide.
Tools & Features
Depending on the individual’s skill set, there might be a requirement for certain trading tools when searching for the best Bitcoin exchange in Norway.
Seasoned investors will appreciate the customizable pricing charts, technical indicators, and custom order types offered by Crypto.com.
We also like the staking and interest accounts offered by Crypto.com – which supports passive income via a fixed APY.
Payment Methods
Some platforms only accept SEPA and local bank transfers when depositing funds in NOK.
It is wise to check what minimums apply when browsing supported payment types and how long it takes the exchange to process the funds.
Customer Service
Consider signing up with a crypto exchange that offers a free live chat feature – preferably one that operates 24/7. This means that users will have access to a live support agent around the clock.
How to Use a Norwegian Crypto Exchange
To trade digital assets at a crypto exchange, an account must first be opened. Then, a deposit will need to be made, before setting up a trading order.
Beginners looking for a simple walkthrough of how to use a Norwegian crypto exchange will appreciate the step-by-step guide outlined below.
Step 1: Open a Crypto Account
Choose the crypto exchange you want to hold and account with and head to its site or app. Find the button to create an account on the site and follow the on-screen instructions.
Enter some personal information and contact details when prompted via the registration form that you’ll find. Choose a username and a password too.
Step 2: Upload ID
A regulated exchange will want to complete additional KYC checks. You are going to be asked to provide proof of your identification and proof of your address, which will likely be a utility bill or bank statement. This should normally be a quick verification process.
Step 3: Deposit Funds
Once your account has been created and verified with your exchange of choice, you will need to fund your account. The way to do this will depend on the platform you’ve chosen to use, the process will be simple and easy to follow, no matter what.
Step 4: Search for Crypto
Look for the search icon or the search bar on the exchange. Here, you need to type in the name of the coin you want, or the code for it. For example, this might be “Bitcoin” or “BTC”, for example. You should be able to see historic price data for the coins you search for.
Step 5: Buy Crypto
You now need to open a trading position when you’ve chosen your coin or coins. How to do this will vary by exchange, but it should be easy to buy a coin or a fraction of a coin.
Are Crypto Exchanges Legal in Norway?
Yes, crypto exchanges are perfectly legal in Norway, and thus – buying and selling digital assets online has never been easier.
Stand-out providers in this industry will be registered with the FSA – which governs the financial markets in Norway.
With that said, the vast majority of crypto traders in Norway will use an international exchange – as these have the resources to offer more markets, lower fees, and a stronger regulatory status.
Crypto Tax in Norway
Norway is home to one of the most aggressive crypto tax regimes globally.
- First and foremost, there is a wealth tax implemented on crypto investments.
- This means that a crypto portfolio worth more than 1.5 million NOK will attract a wealth tax of 0.7%.
- This is based on unrealizable gains, meaning that even if the crypto hasn’t been sold yet, the wealth tax still applies.
Second, there are capital gains to be paid on any crypto profits.
- This is based on realizable gains, meaning that the crypto needs to have been sold.
- For instance, let’s suppose that an investor buys 50,000 NOK worth of Ethereum and sells the tokens three months later for 120,000 NOK.
- This means that the profit element – 70,000 NOK, would be liable for capital gains tax.
Third, crypto tax in Norway is also applicable for non-trading products and services such as yield farming, staking, interest accounts, and airdrops. This will fall under the bracket of income tax.
Due to the complexities of crypto tax, it is best to speak with a qualified advisor.
Conclusion
This comparison page has compared and ranked the best crypto exchanges in Norway today. Crypto.com stands out for its low trading commissions and interest accounts.