Here we compare MiCA-regulated crypto exchanges with a partner programme by fees, choice of coins and features.
Risk warning: cryptocurrencies are highly speculative and a total loss is possible. Only invest money you can afford to lose. Fees as of November 2026, plus spread. Not investment advice.
How a crypto exchange differs from a broker
On a crypto exchange you trade cryptocurrencies directly – usually with a large choice of coins, an order book and the option to withdraw coins to your own wallet. A securities broker often offers crypto only as an extra alongside shares and ETFs, with fewer coins and sometimes no withdrawal to your own wallet. This page shows crypto exchanges and crypto platforms only. Crypto at classic brokers is covered in the crypto comparison and the securities account comparison.
Which exchanges are listed here
This page lists crypto exchanges authorised under MiCA that offer a partner programme. Links marked with * are partner links: if you open an account through one of them, we receive a commission – the price stays the same for you. Exchanges with a stated number of tradable cryptocurrencies are shown first, sorted by that number; the commission plays no role in the order. We do not include exchanges without EU authorisation. The general crypto comparison gives a broader overview including brokers.
Regulation under MiCA
Since 30 December 2024 the EU Markets in Crypto-Assets Regulation (MiCA, Regulation (EU) 2023/1114) has applied. Crypto service providers need authorisation as a CASP from an EU supervisory authority and may then operate in all EU countries; the national transitional periods expired by 1 July 2026 at the latest. You can check whether an exchange is authorised in ESMA's CASP register. MiCA governs authorisation, custody and transparency – it does not protect against price losses, and coins are not covered by deposit guarantee schemes.
Comparing fees properly
- Trading fee: exchanges with an order book usually charge percentage maker/taker fees that fall as trading volume rises.
- Spread: the simple instant buy in the app includes a mark-up in the price, often more expensive than the stated fee.
- Deposits and withdrawals: SEPA deposits are often free; withdrawing coins costs a network fee.
- Staking: many exchanges keep part of the staking rewards as a fee.
Crypto and taxes in Germany
Gains from selling privately held cryptocurrencies are tax-free after a holding period of more than one year (Section 23 German Income Tax Act). Within one year, realised gains remain tax-free as long as they total less than the €1,000 annual exemption limit. Staking rewards are taxable as other income when received (exemption limit €256). Since 2026, crypto service providers in the EU report customer data to tax authorities (DAC8). A tax report from the exchange makes your tax return easier. This is not tax advice.