Best Crypto Exchange in Serbia 2024

Crypto exchanges have boomed in the last year. Presently, there are over 500 Bitcoin trading platforms operating in several regions. Since crypto traders are inundated with many cryptocurrency investment platforms, selecting the best crypto exchanges Serbia can be a chore for a newbie investor.

Not to worry, this guide reviews the best Serbia crypto exchanges for both beginner and pro users. Our review also explores the core features investors should look out for when selecting a Serbian crypto exchange.

The Top Bitcoin Exchanges in Serbia Reviewed

Choosing a Bitcoin exchange from the top crypto exchanges in Serbia is never easy. Our research focuses on the services, features and fees of the best platforms out there to better aid the investors’ decision-making process.

1. Crypto.com – Overall Best Serbian Crypto Exchange

Crypto.com is our top pick on our list of the best crypto exchanges Serbia to buy Bitcoin with. The crypto exchange, launched in 2016, has expanded its crypto services across 50+ countries. As a result, the crypto exchange serves over 10 million users.

Crypto.com is a pure-play digital asset trading exchange, meaning only crypto-focused financial services are available. The trading exchange allows users to buy, sell, and exchange 250+ digital assets, including popular names like Bitcoin, Ethereum, Ripple, Solana, and Cardano. Crypto.com also offers Cronos, their exchange token.

One of Crypto.com’s impressive services is its cashback reward system. Crypto.com enables users to spend their digital assets using its Crypto.com Visa Debit Card and receive up to 8% cashback. Other perks and benefits, like Spotify and Netflix subscription discounts, are included in the reward system.

Like several best crypto exchanges, Crypto.com offers a passive income-generating service called Crypto.com Earn. This service allows users to earn as high as 14.5% in passive revenue in crypto deposits and 14% on their stablecoin deposits.

Also, its storage service is split into two – custodial and non-custodial. Its non-custodial option, Crypto.com DeFi Wallet, allows users to store as much as 600+ digital assets and earn from over 100+ different crypto projects.

The minimum deposit on Crypto.com starts at 2,245 RSD. The supported payment methods include crypto transfers, bank wire transfers, credit/debit cards, and e-wallet payment modes. This gives users needed flexibility to buy BTC with PayPal or any other payment solution. Deposits are free, but withdrawals are charged based on the underlying digital asset. Trading fees have a tiered structure and start from 0.4%. However, holders of Crypto.com’s native token, CRO, are eligible for a 10% discount.

Top-tier financial watchdogs regulate Crypto.com in the regions it operates. 98% of users’ funds are kept in cold wallet storage, and air-tight measures are employed to keep these digital funds safe. Additionally, Crypto.com features multi-factor authentication (MFA) and address whitelisting.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

2. Bitstamp – Top European Bitcoin Exchange

Bitstamp, based in Luxembourg, is a multi-asset broker covering unique financial markets like stocks, bonds, commodities, exchange-traded funds (ETFs), and cryptocurrencies. Yet, the platform has become a huge draw for crypto-facing investors.

Bitstamp allows users to buy, sell, and exchange over 75 digital assets, like Bitcoin, Celsius, Ethereum, and Fantom. The platform is highly intuitive, and its trading experience is in sync with its position as one of the top European crypto trading exchanges.

Bitstamp offers its services to new, advanced, and institutional investors. However, the platform does not have a stated minimum deposit. Instead, Bitstamp charges fees based on a user’s monthly trading volume. The highest fee is 0.5% for trades below 1,108,350 RSD within a 30-day window. The supported payment methods include bank wire transfers, crypto transfers, cards, and e-wallet solutions.

Other useful platform features include the Bitstamp Earn program, which allows users to generate passive income from their digital assets. This includes a 4.38% and 5% annual percentage yield (APY) on Ethereum and Algorand, respectively.

Platform security includes two-factor authentication (2FA) and address whitelisting. The Commission de Surveillance du Secteur Financier (CSSF) regulates the exchange.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

3. Coinbase – Best Bitcoin Exchange in Serbia for Beginners

Coinbase is one of the world’s largest Bitcoin exchanges. The platform’s success lies in its service delivery layout, which focuses more on beginners. Coinbase offers users beginner learning tools, allowing users to learn about the crypto space and how to trade successfully.

The Bitcoin exchange allows users to buy, sell, and exchange over 10,000 digital assets easily making it one of the best Serbia crypto exchanges for token diversity. Since Coinbase is highly intuitive, new investors can execute orders within seconds of funding their account.

The stated minimum deposit starts at 221 RSD worth of digital assets, and supported payment methods include bank wire transfer (ACH), cards, PayPal, and other e-wallet payment solutions.

Coinbase’s charges are based on several factors, including the digital asset, transaction size, and the underlying network fees. As a result, users are charged between 0.5% to 5%. Other fees on the platform include a 3.99% debit card deposit charge.

The Financial Conduct Authority (FCA) regulates Coinbase as a money transmitting business. Also, Coinbase is regulated by the Financial Crimes and Enforcement Network (FinCEN). Users’ funds are secured using 2FA and address whitelisting.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

4. Binance – Global Crypto Trading Brand

Binance is one of the biggest crypto exchanges in the world. The platform processes the largest amount of Bitcoin and crypto trades. This has placed it at the apex of the crypto trading food chain.

Binance supports 600+ crypto assets for purchase, sales, and exchange, and the minimum deposit starts at 1,108 RSD. Supported deposit methods include crypto transfers, bank wire transfers, cards, and e-wallet solutions like PayPal.

Binance is one of the best Serbia crypto exchanges in regard to fees. The top crypto brand charges 0.10% for trading. Also, holders of its utility token BNB are eligible for a 25% fee discount.

However, Binance is not quite suited for new traders due to its complex trading interface. But frequent use can cut through this hurdle.

Binance is regulated in most of the regions it operates in, and the Bitcoin exchange offers 2FA and address whitelisting.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

5. Paxful – Top P2P Serbian Bitcoin Exchange

Paxful is a decentralised Bitcoin exchange that allows users to swap digital assets in a peer-to-peer format. The platform operates in an over-the-counter (OTC) format and allows sellers to list the assets they want to sell and the payment methods they are willing to accept. Essentially, Paxful only serves as the hosting platform.

Buyers can browse the listings and select the best rates as well as their preferred payment method. This offering makes Paxful one of the best crypto exchanges Serbia.

Regarding supported crypto assets, Paxful allows users to buy and sell Bitcoin, Ethereum, and USDT. The platform supports over 300 payment methods, with a starting mount of 1,108 RSD.

Sales on Paxful accrue charges between 0.5% to 5% depending on the selected payment method. However, the platform doesn’t charge fees on purchases.

The platform operates in Serbia.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

6. Bitpanda – Best Cryptocurrency Exchange in Serbia for Crypto Indices

Bitpanda, operating out of Austria, works as a multi-asset broker, allowing investors to buy and sell commodities, stocks, bonds, exchange-traded funds (ETFs), and cryptocurrencies.

The broker offers a unique crypto indices feature. With this feature, crypto enthusiasts can easily invest in the crypto space’s top 5, 10, and 25 digital assets.

At press time, Bitpanda supports 100+ digital assets, and users can get started with as little as 117 RSD. Supported payment methods on Bitpanda include bank wire transfers, cards, and e-wallet payment solutions.

Fees on the platform are pegged at 0.1% for makers and 0.15% for takers. The platform is compliant with all regulatory bodies and anti-money laundering laws (AML). Also, Bitpanda employs 2FA and address whitelisting to ensure platform security.

7. Huobi – Professional Bitcoin Trading Platform

Huobi Global is an Asia-originated crypto trading platform, with a presence in 200+ regional centres. The exchange is self-described as a professional Bitcoin trading platform, and this is apparent in its trading interface. Huobi offers coin-margined futures, spot, and derivatives trading making it one of the best cryptocurrency exchanges in the market.

Other tools on Huobi Global include its Earn function, which allows users to put their digital assets to work.

Huobi touts the support of 500+ crypto assets, and users can begin trading with 11,200 RSD. In terms of fees, the exchange has a structured tiered system with a 0.2% charge as the base rate. Users who hold Huobi Token, the platform’s discount token, would receive a 10% discount to 0.18%. The payment methods include crypto transfers, bank wire transfers, cards, and e-wallet solutions.

Huobi is regulated in most of its regions of operation. It also adheres strictly to all stipulated international anti-money laundering (AML) laws and offers 2FA and address whitelisting for users’ fund safety.

The Best Crypto Exchanges Serbia Compared

Below, we present a more comprehensive table to fast-track investors’ decision-making processes on which Serbian crypto exchange to trade with.

How to Choose the Best Serbia Cryptocurrency Exchange for You

Making the right choice on the best cryptocurrency exchange in Serbia is more of a subjective effort rather than a collective work. To aid this decision-making process, we have selected some of the key metrics for weighing all Serbian Bitcoin exchanges.

1. Regulation

Regulation is a key metric to explore when selecting the best Bitcoin exchange in Serbia. We recommend that investors consider the regulatory oversight a crypto investment service provider falls under and if there is a means for legal recourse in the future.

The more highly regulated a crypto exchange is, the better for the average user. If an exchange is highly regulated, it shows that the platform has been reviewed extensively by financial watchdogs and requisite government agencies.

2. Tradable Cryptos

All of the biggest crypto exchanges offer support for a massive number of tradable assets. However, a new user should look out for a benchmark of 100 digital assets for a start. This is necessary because a platform with a huge number of tradable crypto-assets usually offers deep liquidity for investors, meaning they can easily withdraw their holdings anytime they want. Additionally, it offers users a more flexible earning possibility as they can profit from a much larger portfolio.

3. Sign Up Offers

Sign-up offers or bonuses are a customer acquisition technique and several of the best Serbia Bitcoin exchanges employ this tactic. Most bonuses appear in the form of a limited-time offer in trading fee reduction or in the number of fiat toppings users can get when they sign up within the window of the offer. Essentially, this technique can serve as a means to obtain more digital assets with a small deposit, thereby increasing the investor’s financial position significantly.

4. Fees

The fees exchanges charge is a crucial factor any investor considering the best crypto exchanges Serbia must consider. Fees come in multiple folds. Intending users must learn the ways crypto platforms can erode their profits. Some hidden charges may be infused in deposit and withdrawal charges as well as account management and overnight trading charges.

We recommend that every intending crypto trader looks out for these charges to prevent their capital from eroding quickly.

5. Tools and Features

Asides from the overall trading experience, the best crypto exchanges Serbia offer a number of unique features users should pay attention to when signing up for them. Some may be in the form of a passive income generating program and others a top-notch crypto storage facility.

Depending on the investor’s preference, they can also select the best crypto exchange in Serbia for them based on the available unique features.

6. Payment Methods

Cryptocurrency trading is still in its early stages. As a result, a number of popular payment methods may not be available due to regional regulatory stance. However, the best Serbian crypto exchange offers different payment methods, including bank wire transfers, cards, e-wallet solutions like PayPal, and, sometimes, crypto transfers.

This generally offers more flexibility for users, allowing them to choose their preferred deposit method.

7. Customer Service

For investors intending to use any of the best Serbia crypto exchanges, we recommend selecting one with a proven track record of good customer support. Sometimes, new users can be befuddled by the complex trading algorithms or even the ticker symbols of digital assets. Having supportive customer service can streamline and smoothen the trading experience for investors.

How to Use a Serbian Crypto Exchange

In our best crypto exchanges Serbia guide, we have itemised a few talking points and metrics users should employ in making their choice. However, our top pick for the best Serbian crypto exchange is Crypto.com. This choice is a result of a number of reasons. The platform is one of the fastest rising in the world, with over 10 million users. Also, Crypto.com is one of the most intuitive trading interfaces, and it offers low trading fees for users.

To get started in as little as 10 minutes, follow these steps:

1. Sign Up on Crypto.com

The first step is to visit the Crypto.com website. Users can use the platform’s web trading exchange or mobile app.

They will be required to provide their full name, email address, mobile number, and password.

2. Verify Your Account

To unlock the full suite of the Crypto.com platform, users need to verify their identity. To do this, they are required to upload a copy of their National Registration Identity Card (NRIC) or international passport. Also, a current passport should be supplied for ID verification. Verification should be complete within a couple of days.

3. Fund Your Account

Users can now proceed to fund their accounts once the ID verification process is approved. To verify, they are to click on the ‘Deposit’ icon and select from the platform’s supported payment methods.

Then, insert the minimum deposit of 2,245.90 RSD and follow the on-screen prompts to complete the transaction.

4. Buy Crypto

Once the deposit has been concluded, users can now proceed to buy their preferred crypto asset. Insert the ticker symbol for the digital asset and click ‘Trade’ to open the order page.

For instance, type ‘BTC’ into the search box and click ‘Trade’ to open the dialogue box. Then, insert the required amount of BTC and tap on ‘Buy BTC’ and confirm the order.

Are Crypto Exchanges Legal in Serbia?

The Serbian government has been pro-crypto ever since the blockchain-based financial market hit mainstream consciousness. In order to tap into the emerging asset class, the Serbian parliament enacted the new Digital Asset Act (DAA) in 2021. The DAA was focused on regulating and enhancing the use of cryptocurrencies and other similar instruments in the country.

Digital asset issuance and trading are covered, as well as the provision of digital asset services, under the canopy of the DAA. Two kinds of digital assets are recognised and governed: virtual currencies and digital tokens.

Virtual currencies are digital assets that are not issued or guaranteed by the apex bank of Serbia. Digital tokens are viewed as intangible tokens which stand for one or more property rights.

The National Bank of Serbia (NBS) governs the use of virtual currencies in the country while the Serbian Securities Commission holds sway over digital tokens. In essence, crypto exchanges and their accompanying services are fully recognised and legal in Serbia.

Crypto Tax in Serbia

Cryptocurrency trading is taxed in Serbia. According to a government directive, crypto trading falls under the capital gains tax. As a result, investors are taxed 15% for their trading activities. This is in line with the corporate income tax law pegged at a 15% levy.

However, non-resident entities get a 20% tax on their capital gains from crypto sales. Also, a 2.5% rate is levied on crypto inherited or received as a gift under the property taxes.

Conclusion

Crypto trading is still on an upward trajectory despite a slow start to the year. The blockchain-based assets are considered the new financial order. Hence, we expect to see more interest in the best crypto exchanges in Serbia and its environs.

This best crypto exchanges Serbia guide has reviewed some of the best Bitcoin trading platforms for this year. However, our top pick is Crypto.com. Based in Singapore, Crypto.com offers a large library of digital assets. Coupled with competitive fees and an earning function, Crypto.com is a top choice for new crypto users in Serbia.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

FAQs