Buy Bitcoin in Spain

Looking to buy Bitcoin in Spain? Read this guide for all the information on Bitcoin’s status in Spain and the best Bitcoin exchanges.

How to buy Bitcoin in Spain Summary

Buying Bitcoin in Spain is made easy thanks to access to large European platforms and a high number of Bitcoin ATMs. To Buy Bitcoin in Spain follow the instructions below:

1. Download or get your Bitcoin wallet
2. Go to Coinmama
3. Choose the amount of Bitcoin you wish to buy
4. Enter your payment information and Bitcoin address

You can also use of these exchanges for buying Bitcoin in Spain:

Coinmama

Availability:

Worldwide

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CEX.IO

Availability:

Worldwide

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Exchange

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Coinhouse

Availability:

EU only

Review summary

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Paxful

Availability:

Worldwide

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Visit exchange

1. Is Bitcoin legal in Spain?

Although it is not considered legal tender or money in any way, Bitcoin is legal to buy, sell and exchange as a method of value in Spain. The Spanish government is very cautious about cryptocurrency in general, using existing legislation until a more specific European framework is developed.

The Bank of Spain is quick to point out perils to investors, making it clear that Bitcoin is a danger as it is not safeguarded, backed or guaranteed by any existing regulation. Due to that, cryptocurrencies are generally considered commodities falling under the contract of barter legislation.

In accordance with the European Union’s stance on Bitcoin, profits made from Bitcoin should be levied by income tax while transactions for goods and services are exempt from Value Added Tax (VAT).

2. How popular is Bitcoin in Spain?

The chart below shows the weekly trading volume of Bitcoin in Europe on LocalBitcoins. The trading volumes in Europe mirror the trends seen in the global Bitcoin market. They dropped significantly after the price shifts of 2018, leveling off at around €2 million before slowly rising to €4 million as Bitcoin topped €10,000 per coin in June 2018.

Google Trends, below, with the search term Bitcoin in Spain, reveals the popularity and interest. It correlates to the trading volumes and market valuations for Bitcoin over 2019. Early in the year, it depresses below 50 before growing and spiking to 100 in June, during the same uptrend discussed above.

3. Main Spain Bitcoin communities

Spain has a selection of Bitcoin communities to meet and chat with like-minded people. Here is a selection for you to check out:

• Barcelone Bitcoin Community Meetup
• Avalbit
• BitcoinTalk Spanish
• Bitcoines Reddit

4. Spain-based Bitcoin exchanges

After a thorough look for Spain based Bitcoin exchanges, it was hard to find anything legitimate to recommend. The options below are EU based, allowing Euro and SEPA Bitcoin buys:

CEX.IO

CEX.IO is available in most countries around the world. Founded in 2013 with its headquarters in London, this cryptocurrency exchange allows users to buy and sell Bitcoin as well as a selection of altcoins.

Both credit cards and SEPA bank transfers are accepted payment methods, with low fees of 0%–0.2% on trades. CEX.IO offers both a trading platform and a brokerage service, both entail different fees. You can read our full CEX.io review for more.

Coinhouse

Coinhouse aims to make cryptocurrency investing easier for beginners. Founded in 2014 and based in Paris, the company partners with Ledger, a popular hardware wallet provider. Coinhouse offers users an online platform as well as a physical store. It has assisted more than 200,000 customers in the EU in buying Bitcoin, Ethereum, Litecoin, XRP, and Bitcoin Cash effortlessly.

The platform is a broker service removing the technical complexities of buying Bitcoin, it even provides a personal investment service to its customers. Make sure to check out our full Coinhouse review.

bitFlyer

bitFlyer is an international cryptocurrency exchange based in Tokyo that has a regulated EU branch offering services to Spanish users as well. The exchanges allows users to buy and sell Bitcoin and a small range of altcoins, like Ethereum and Litecoin.

Buying and selling crypto is free of charge but subject to bitFlyer’s exchange rate, withdrawals are charged based on the withdrawal method. Trading on the Lightning exchange cost 0.01% to 0.20%. Beyond credit and debit cards, SEPA payment option, bitFyler recently introduced PayPal payments as well. You can read our complete review of bitFlyer to learn more.

5. International exchanges available in Spain

International exchanges provide extra options to Spanish customers with many supporting Euros and helpful deposit methods. Here is a top selection available to you:

Coinmama

Coinmama may be based in Israel, but it’s available in a huge number of countries, including Spain. It was launched in 2013, and it offers convenience: you can buy Bitcoin with a debit or credit card.

The downside is that the fees are on the high side at 5.5% per transaction and 5% per credit or debit card transaction. You can read our full review of Coinmama.

Paxful

Paxful is a P2P marketplace, which allows buyers and sellers to meet online and trade Bitcoin directly with each other. Founded in 2015,  by now they have offices in multiple cities around the world.

Sellers on Paxful accept over 300 payment methods, including SEPA bank transfers, Visa, MasterCard, and PayPal. If you’re buying Bitcoins on Paxful, you won’t have to pay any fee to the site itself, but the price of Bitcoin is traded at a premium because of this. You can check out our full Paxful review for more.

Coinbase

Coinbase has been in operation since 2012 and is often considered as the place to go for first time Bitcoin buyers. As a worldwide operation, European customers have extensive functionality for dealing with Euro and SEPA purchases.

Users can deposit funds via bank transfer, debit and credit card, plus PayPal withdrawals are also available. Fees are generally fair at just over 2%, although cheaper options do exist. The platform is user-friendly for the ‘non-techy’ amongst us.

The only criticism is its lax customer support, which has trouble dealing with the requests of a huge customer base. You can read our full Coinbase review for more info.

Changelly

Changelly is a crypto-only exchange, founded in 2015. Signing up for an account doesn’t require any personal information, and you’ll then have a quick and easy way of exchanging cryptocurrency from one wallet to another.

There’s a fixed fee of 0.5%, which is slightly higher than many other Bitcoin exchanges. You can read our full Changelly review to learn more.

6. Crypto Wallets

Best Wallet – The Best Non-Custodial Bitcoin Wallet in the Market

An alternative option to buying on exchanges is Best Wallet , which I regard as the best non-custodial crypto wallet for 2025. Best Wallet is an interesting option because it is essentially a one-stop option for all your Bitcoin and cryptocurrency needs. Not only can you store your Bitcoin and many other cryptocurrencies in the wallet, but you can also seamlessly buy new crypto right through the wallet.

Additionally, Best Wallet is non-custodial, which means nobody but the user has access to the private keys and backup passphrases. Users take full control of the crypto coins via a mobile app, browser extension, or desktop software.

Not only does Best Wallet allow you to hold and trade Bitcoin, but it is also compatible with many other cryptocurrencies, which means it could be an all in one stop for all of your crypto needs. Best Wallet features very liquid markets for thousands of tokens on over 60 blockchains, including Bitcoin, Ethereum, Solana, Sui, Dogecoin, Uniswap, and many others.

When it comes to trading fees, Best Wallet charges none. The only fees you may encounter are blockchain fees. It’s important to note that Best Wallet is a non-custodial wallet, meaning your crypto will remain safe and in your hands.

7. How many Bitcoin ATMs are there in Spain?

As of 2019ֿ, there are 84 Bitcoin ATMs in Spain, according to CoinATMRadar. Madrid and Barcelona are particular hotspots while Valencia and Malaga also offer decent coverage.

8. Conclusion

Bitcoin is completely legal to use in Spain, although the government and central bank remain guarded about its future. No specific regulation exists currently with Bitcoin being fitted into existing legislation.

It is unclear what the future plans are in Spain, so individuals and companies should keep an eye on the changing landscape. At the time of writing, I couldn’t find any local Spanish Bitcoin exchange platforms. However, being a European nation, buying Bitcoin in Spain is easy thanks to a huge selection of EU and International exchanges accepting Euros for Bitcoin.