Home > Exchange Types > 10 Best Fiat-to-Crypto Exchanges in 2022

10 Best Fiat-to-Crypto Exchanges in 2022

If you plan on investing in Bitcoin or even in an altcoin, then finding the right place to buy and sell the coins is the first crucial step. There are a number of different Bitcoin exchange sites and using one that suits you perfectly will make life a lot easier. Below, you will see our listing of the five best fiat to crypto exchange platforms if you’re looking for a safe, trusted and reliable site with excellent options and low rates. As well as Bitcoin, they also offer other types of virtual currency too. Check out our guide to find out which one to use and how if you’re looking to start investing with a high degree of confidence.

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place
Trade on the world's leading social trading and investing platform
Start Trading
Payment Methods:
Bank Transfer, Wire Transfer
Full Regulations:
CySEC, FCA
2
Min. Deposit
-
Promotion
User Score
9.3
No Hidden Fees
Instant Trading
Secure & Transparent
Start Trading
Payment Methods:
Full Regulations:
3
Min. Deposit
$1
Promotion
User Score
8.7
0% deposit fees, 0% withdrawal fees, 0% trading commissions
Set up automated trades and up to 50 limit orders with ease
Buy and sell 90+ cryptos and utility tokens, precious metals and national currencies with as little as $1
Start Trading
Payment Methods:
Full Regulations:

What is a Fiat to Crypto Exchange?

With the best fiat to crypto exchange platforms, you can easily change your fiat money (Pounds, Dollars, Euros etc) into cryptocurrencies such as Bitcoin, Ethereum, Litecoin currency and so on. On other kinds of exchange, you switch one type of cryptocurrency to another by, for example, buying Bitcoin Cash with Ethereum. For the latter, we’ve prepared a guide to crypto-crypto types exchanges. You might also want to read our guide to the best broker type exchanges and our explanation and guide to peer-to-peer exchanges.

The best fiat-crypto exchange sites give you a tremendous amount of flexibility. You can buy your first digital coins using the everyday currency that you are most comfortable with.

The Most Popular Bitcoin Fiat to Crypto Exchanges

Here are the best and most popular exchanges for turning fiat money into virtual currencies without any hassle.

eToro

eToro is a slick, reputable cryptocurrency broker exchange that is trusted by many users around the planet due to it being regulated and never having suffered a security breach to date. In our eToro review, we have explained that it is regarded as a social trading network and offers copy trading, with the option of switching fiat to cryptocurrencies to come shortly. You can visit eToro now to see for yourself what makes this platform different from the competition.

Advantages of eToro

–  Highly regulated exchange – Trusted by millions of users in over 100 countries – Powerful copy trading features so that you can copy successful traders – Good range of cryptocurrencies and fiat currencies accepted – No known hacks or security weaknesses.

Disadvantages of eToro

– Fiat to crypto transactions are currently only available in the form of investments in cryptocurrency CFDs, but more options will be added later.

Coinbase

Our Coinbase review points out that this is classed as the world’s biggest Bitcoin exchange and one of your best fiat to crypto exchange options. The Coinbase platform is also regarded as ideal for newcomers to cryptocurrencies because it’s very easy to use as well as secure.

Advantages of Coinbase

–  Extremely easy for beginners to use – Multi-signature wallets allow you to keep full control over your Bitcoin – This fiat-crypto exchange also insures all deposits made on it – Simple, speedy process for sending money anywhere.

Disadvantages of Coinbase

–  Currently only available in GBP, USD, Euros – A weekly cap on how much cryptocurrency you can buy, which might put you off if you plan on making large, frequent purchases.

Changelly

The Changelly exchange is perhaps best known for being among the first exchanges that let people switch from one cryptocurrency to another. However, Changelly is also a fiat-crypto exchange broker, meaning that you get a great deal of flexibility in moving your money around from your everyday currency to Bitcoin, Ethereum coins and other cryptocurrencies.

Advantages of Changelly

–  Covers an extremely wide range of crypto coins and fiat currencies – The service is available on a global basis – Very fast money transfers – Very easy to use site that doesn’t require the user to be a crypto expert.

Disadvantages of Changelly

–  USD and Euros are the only fiat currencies currently accepted – A fairly limited number of payment methods accepted.

Coinmama

In our Coinmama review, we pointed out how this fiat-crypto exchange has gained a lot of users by offering a flexible approach for people all over the planet. The Coinmama platform is still a relatively small and limited exchange service but it does have some benefits that are worth taking into account.

Advantages of Coinmama

–  No known security breaches at the time of writing – Highly flexible approach that suits different needs – Recently added new coins including Ripple, Bitcoin Cash, Cardano and Ethereum Classic – Visa and MasterCard credit cards are now accepted

Disadvantages of Coinmama

–  Perhaps too simple for people who want to trade cryptocurrencies professionally – Fairly limited ways of paying for coins (no bank transfer or SEPA)

CEX

The CEX exchange has been around since 2013 and has grown tremendously in size in the last few years. As we’ve seen in our in-depth CEX review, they accept a wide range of different currencies and have a good selection of different ways of paying with fiat money too.

Advantages of CEX

–  Strong security with no reported hacks or breaches to date – Credit card payments accepted – Margin trading with loss protection tools – Decent range of currencies, both fiat and crypto – Easy to use the site and mobile app.

Disadvantages of CEX

–  The verification process can take a while to be completed – They have had customer support issues in the past, apparently due to a lack of staff.

Do Fiat to Crypto Exchanges Suit Beginners?

A fiat tp crypto exchange is a great type of service to use if you are making your first move into cryptocurrencies such as Bitcoin Cash, Ethereum and Litecoin currency. This is because you can switch your fiat money to crypto coins very easily and safely.

Above all of the other options, eToro is a great place for beginners, for a number of good reasons. For example, it is an easy to use platform that anyone can feel comfortable on right away. The fact that it provides the CopyTrader function means that you can also easily copy the trades made by more experienced traders if you want to, while the social options mean members share advice and tips with each other.

Can You Day Trade on Fiat to Crypto Exchanges?

Day trading cryptocurrencies is a difficult way of trying to make money, but it can be done. On the best fiat to crypto exchange platforms you can buy and sell the likes of Bitcoin and Ethereum whenever it suits you. Given the frequent price fluctuations on these currencies, day trading is certainly an exciting way of trading.

Which Fiat to Crypto Exchange Should You Choose?

Choosing the right fiat-crypto trading platform is the first step towards successfully buying and selling Bitcoin and other currencies. The best fiat to crypto exchange sites we have looked at here all offers easy to use sites and a good range of options for switching between types of currency.

As far as your top choice goes, we would recommend signing up for eToro because it’s overall an excellent exchange to deal with. They make it incredibly easy for you to get started and also offer all of the different features that you might want to have access to.

Also, see our guides on broker exchanges, crypto-crypto exchanges, and peer-to-peer exchanges for even more options.

We use cookies to personalise content & ads, provide social media features and offer you a better experience. By continuing to browse the site or clicking "OK, Thanks" you are consenting to the use of cookies on this website.