Best Crypto Exchanges in Latvia for 2025

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eToro 4.6/5

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

To identify the best crypto exchanges, our experts evaluated factors like trading volume, fee structure, available trading pairs, margin trading, and how securely exchanges protect user funds.

We specifically considered the needs of Latvian crypto traders, including local payment methods, regulatory compliance, anti money laundering (AML) practices, and ease of trading cryptocurrency.

User feedback also influenced our rankings significantly.

Each expert assigns a score, which is combined with the results of further research to create a final ranking in order to answer the question: what are the best crypto exchanges in Latvia for Latvian users? 

Learn more about our panel and how we rate and review platforms. Or read on to find our definitive list of the top crypto exchanges in Latvia.

What is the best crypto exchange in Latvia?

Our expert rankings reveal that eToro is the top cryptocurrency exchange in Latvia.

Below is the list of the best crypto exchanges in Latvia, which have excelled in our tests by combining low transaction fees, high security, and ease of use.

4.6

eToro

Min. Deposit $100

Fees 1%

No. assets 3600+

Demo account Yes

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eToro review

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

4.5

Plus500

Min. Deposit $100

Fees From 2%

No. assets 2800+

Demo account Yes

Visit site

Plus500 review

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.

4.2

Coinbase

Min. Deposit $10

Fees Up to 0.6%

No. assets 150+

Demo account No

Visit site

Coinbase review

Top 7 crypto exchange platforms in Latvia, reviewed

1. eToro. Best for beginners, copy-trading & demo-account

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4.5

Ratings

$100

Min. deposit

0% commission

Fees

3,600

No. assets

Yes

Demo account

Overview

We love eToro because it’s a crypto trading platform built with beginners and casual traders in mind. The platform combines an interactive, social trading experience with an easy-to-use interface, making it ideal for novice traders.

The far-reaching catalog of 100 cryptocurrencies includes big names like Bitcoin and Ethereum, as well as smaller crypto tokens with high growth potential. Some supported tokens can be seamlessly transferred to the eToro Money crypto wallet for safekeeping.

One feature we particularly appreciate is the ability to interact with eToro’s 35 million users on any asset, market, or portfolio page. If you find traders whose strategies match your risk tolerance, you can copy their portfolios automatically using eToro’s flagship copy trading functionality. eToro crypto’s Smart Portfolios offer a great entry point into digital currencies, an opportunity to learn and potentially benefit from the expertise of more experienced traders.

If you don’t feel comfortable investing your cash straight away, you can use a free demo account, credited with $100,000 virtual dollars. This offers plenty of opportunities to try out a trading strategy that works for you across the 100 crypto tokens available.

Highlights

No. of tradable assets	3600+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stock CFDs, ETF CFDs, Forex CFDs, Index CFDs, Commodity CFDs, NFTs, Crypto
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	ASIC, FCA, CySEC, FinCEN

Fees & Costs

Trading fees	Yes, on certain assets
Inactivity fees	Yes
Rollover/overnight fees	Yes, on CFDs
Withdrawal fees	Yes
Spreads	Yes, on certain assets
Conversion fees	Yes, for non-USD currencies

Pros & Cons

Great for beginners, simple to set up and get started Competitive, industry-leading commissions Popular ‘Copy Portfolios’ function lets you follow top traders Excellent customer service, with live chat support provided

Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Read review Visit eToro

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

2. Plus500. Best for international trading*

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4.5

Ratings

$100

Min. deposit

From 0.8%

Fees

2,800

No. assets

Yes

Demo account

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you trade. Its technology driven platform gives access to forex futures for over 10 symbols. 

Plus500 has something for all types of forex traders, no matter what level of experience. Its low margin requirements (starting at $40) and different contracts make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting. 

For accurate instrument availability, visit plus500.com.

The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

No. of tradable assets	2800+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Index CFDs, Commodity CFDs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSA, ASIC, FMA, FCA, CySEC

Fees & Costs

Trading fees	No
Inactivity fees	Yes
Rollover/overnight fees	Yes
Withdrawal fees	No
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Free demo account for every user Secure broker, licensed by top-tier regulators Wide variety of CFDs to trade Several good risk management tools

No support on trading information and education Website isn’t brilliantly designed to help users find answers to their questions No MetaTrader trading platform compatibility

Read review Visit Plus500

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.

3. Coinbase. Best secure trading platform for all types of trader

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4

Ratings

$10

Min. deposit

Up to 0.6%

Fees

200

No. assets

No

Demo account

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

Coinbase’s user-friendly platform simplifies the buying, selling, and trading processes, making it one of the top crypto exchanges for all levels of trader. But, Coinbase isn’t just an easy to use platform, it’s one of the safest and most secure. 

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. It stores 98% of customer assets offline in cold storage, minimizing the risk of theft. There is also insurance on all cash balances up to $250,000

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

No. of tradable assets	150+
Min. Deposit	$10
ID verification required	Yes
Free demo account	No
Supported assets	Crypto, NFTs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSA, FCA, NFA

Fees & Costs

Trading fees	Yes
Inactivity fees	No
Rollover/overnight fees	No
Withdrawal fees	Yes
Spreads	Yes
Conversion fees	Yes

Pros & Cons

Simple and easy to use interface Able to buy cryptocurrencies instantly with a credit or debit card Offers great security on its wallet Can use a variety of payment methods

Quite high fees for credit and debit card instant buys Poor customer support

Read review Visit Coinbase

4. Bitpanda: Best for fractional & small scale investing

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4

Ratings

$25

Min. deposit

…

Fees

3,000

No. assets

No

Demo account

Overview

We love Bitpanda because it’s an all-in-one investment platform. BitPanda offers 250+ assets, including hundreds of stocks and exchange traded funds. 

Bitpanda’s fractional shares option is one of its standout features, especially to new investors, or those with limited capital. With fractional shares, you can purchase small portions of expensive stocks allowing the flexibility to start investing with small amounts (€1 minimum) and gradually build your investment portfolio. 

Small-scale investing is just one of Bitpandas best features. It also offers a user-friendly interface that simplifies the investment process. Its transparent fee structure means you’ll be fully aware of any costs before making a trade. There’s also a wealth of educational resources making it an excellent choice for investors wanting to learn more. 

The fees: Bitpanda’s fees are easy to understand. All fees are included in the spread, so you won’t be charged a commission on your trades. A premium of 1.5% is included as part of the buy and sell price of each asset.

Highlights

No. of tradable assets	3000+
Min. Deposit	€25
ID verification required	Yes
Free demo account	No
Supported assets	Stocks, Crypto, Commodities, ETFs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FMA, MiFID II, BaFin, VASP, PSD2, EMI

Fees & Costs

Trading fees	Yes
Inactivity fees	No
Rollover/overnight fees	Yes
Withdrawal fees	Depending on method
Spreads	Yes
Conversion fees	Yes

Pros & Cons

300+ cryptocurrencies Wide range of other digital assets 10 fiat currencies accepted Low fees for Bitcoin buyers using credit or debit card in Europe Fully automated transactions happening in real time

Fees are not explicitly laid out Restricted European countries at present Limited customer support features

Read review Visit Bitpanda

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong

5. Eightcap. Best online broker for choice of trading platform

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4.5

Ratings

$100

Min. deposit

Up to $3.5 RT

Fees

800

No. assets

Yes

Demo account

Overview

We love Eightcap because you have several trading platforms to choose from. You can choose between MetaTrader 4, MetaTrader 5, and TradingView. All of these platforms are favourites among retail traders. With the MetaTrade suite of platforms, you can access lots of technical indicators, custom tools, and expert advisors. 

TradingView with Eightcap allows you to trade directly from your charts while accessing the hundreds of tools and features available. Eightcap a selection of over 200 crypto CFDs so there’s an excellent range to choose from. You can trade the biggest coins like BTC/USD and many altcoins like DOGE/USD.  

The fees: Eightcap is a CFD broker and charges spread, commissions, or a combination of both. There are two account types available, RAW, and Standard. The RAW account has ultra-low spreads starting from 0.0 pips but charges $3.5 RT per lot. The standard account is commission-free for most assets and spreads start from 1 pip.

Highlights

No. of tradable assets	800+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stocks, Crypto, Commodities, , Index prices
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	ASIC, FCA, CySEC

Fees & Costs

Trading fees	Yes
Inactivity fees	No
Rollover/overnight fees	Yes, on certain assets
Withdrawal fees	Yes, for certain payment methods
Spreads	Yes
Conversion fees	Yes, currency dependent

Pros & Cons

Low trading fees for CFDs Trade directly from the TradingView platform Regulated by top-tier authorities Leverage up to 1:500 Partnered with multiple proprietary trading firms

Some markets are not available to all regions Customer support does not operate 24/7

Read review Visit Eightcap

74-89% of retail CFD accounts lose money

6. AvaTrade. Best regulated broker for secure trading

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4

Ratings

$100

Min. deposit

From 0.13%

Fees

1,300

No. assets

Yes

Demo account

Overview

We love AvaTrade because it is a reliable CFD broker, that gives users access to a wide range of markets. As a CFD broker, AvaTrade lets you speculate on the price movements of various stock markets without owning the underlying assets. AvaTrade is a multi asset brokerage firm and includes CFDs on hundreds of global stocks including Google, Apple, Microsoft, and more. 

AvaTrade is also highly regarded for its strong regulatory framework and commitment to security. AvaTrade is regulated in multiple jurisdictions, including Europe, Australia, Japan, South Africa, and the British Virgin Islands, which means it must adhere to stringent regulatory standards across the world. 

AvaTrade isn’t just well regulated, it also employs advanced security measures to protect client funds and personal information, including segregated accounts and robust encryption technology. 

The fees: There is no commission on any trading. AvaTrade makes money from the Bid/Ask spread instead. Stock spreads start from 0.13. Positions left overnight are charged a swap fee that varies depending on size. An inactivity fee of £/€/$50 per month is applicable if you don’t log in to your account for three consecutive months.

Highlights

No. of tradable assets	1250+
Min. Deposit	$100
ID verification required	Yes
Free demo account	Yes
Supported assets	Stocks, Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Commodity CFDs, Index CFDs
Mobile trading app	Yes
Web trading platform	Yes
Regulatory bodies	FSCA, FSA, ASIC, CBI, MiFID, CySEC, BVIFSC, FRSA

Fees & Costs

Trading fees	No
Inactivity fees	Yes
Rollover/overnight fees	Yes
Withdrawal fees	No
Spreads	Yes
Conversion fees	No

Pros & Cons

Trade 1000+ CFDs with competitive spreads Regulated by Tier 1 financial bodies across the world Consistently highly rated trading platform on web and mobile Offers social trading through its proprietary AvaSocial platform

Spreads are competitive without being industry-leading Some assets are only available to trade through the MetaTrader software

Read review Visit AvaTrade

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

7. KuCoin. Best social trading altcoin exchange

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4

Ratings

$-

Min. deposit

…

Fees

–

No. assets

No

Demo account

Overview

We love KuCoin because it’s a great place for beginners to trade more than 700 altcoins. Kucoin offers a vast range of cryptocurrencies including all the big names like Bitcoin and Ethereum, together with hundreds of altcoins and newly released tokens. 

The exchange gives you multiple ways to trade and invest in crypto, including spot trading, futures trading, margin trading, and staking. This choice allows you to choose the method that best suits your trading strategies and risk tolerance. 

Kucoin is a top platform for both beginners and experienced traders. Its intuitive interface is easy to get to grips with and its advanced trading features mean even high volume traders can make use of it. Kucoin also offers an earn feature, where you can generate passive income through staking and lending, making it one of the best all round crypto exchanges. 

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Highlights

No. of tradable assets
Min. Deposit
ID verification required	No
Free demo account	No
Supported assets
Mobile trading app	No
Web trading platform	No
Regulatory bodies

Pros & Cons

Anonymous trading with up to 2 BTC withdrawals/24 hours Wide variety of cryptocurrencies No deposit fees

Low trading volumes not suitable for big traders Doesn’t support U.S. customers You might experience delays and lags during high-traffic times.

Read review Visit KuCoin

What do I need to buy Bitcoin and other crypto in Latvia?

As long as you have a phone or an internet connection, you can invest in Bitcoins in Latvia.

However, to make your experience as quick and seamless as possible, these are the things you need to get started.

• A crypto exchange account. Sign up to an exchange supporting local payment methods.
• A way to pay. Many people in Latvia buy Bitcoin with a bank account or card payment. You can also buy crypto with PayPal or another e-wallet.
• Copy of your photo ID. You usually have to provide ID when you’re buying Bitcoin in Latvia. Latvian crypto exchanges ask for ID verification in order to comply with KYC (Know Your Customer) regulations, which are in place to prevent fraud. If you’d like to invest in crypto anonymously, we also list the best no-KYC cryptocurrency exchanges available.
• A personal crypto wallet (optional). Store your Bitcoin and other crypto holdings securely using wallets that protect private keys, such as multi signature wallets with two factor authentication.

It is possible to buy cryptocurrency in Latvia without providing ID through a P2P crypto exchange, but these are a bit less secure and more challenging to use.

We suggest that only experienced crypto investors go down this path. Most people, on most exchanges, need to provide some form of ID.

How to buy crypto on the best cryptocurrency exchange app in Latvia

Follow this short guide to learn how to buy Bitcoin in Latvia.

This method is simple and is the same process whether you want to buy and sell Bitcoin or whether you prefer to trade crypto instead. 

What is the best cryptocurrency wallet in Latvia?

Wallets are private and unregulated, so they are available everywhere, to everyone, rather than being restricted according to where you live.

MetaMask and Trust Wallet are a couple of the best crypto wallets, and they are available all over the world. 

However, there’s a trend towards crypto services operating as all-in-one platforms, where you can use one account that acts as both your exchange and wallet.

The best option for most beginners is to sign up for a service like Binance or OKX, where you can buy crypto on the exchange and then store it on the same platform.

How to choose the best Latvia crypto app

When choosing a crypto exchange, consider trading volume, available trading pairs, local payment methods, fee structure, regulatory licenses, and security measures.

Professional traders might also focus on margin trading, futures trading, and advanced crypto service providers that facilitate trading cryptocurrency securely and efficiently.

Here’s some advice on how to find the best way to buy crypto in Latvia.

1. How much does the exchange charge to trade?

There can be a big difference in the trading fees charged by each Latvia based crypto exchange.

While all exchanges generally offer low-cost cryptocurrency trading, what they charge may vary widely.

Taking the time to compare them can save you money. Below is a summary of the different types of fees crypto exchanges in Latvia charge.

Trading fees are usually charged as a percentage of the trade.

The best crypto exchange in Latvia with low fees will charge 1% or less of the trade amount. Some services charge a lot higher.

Here’s a look at the specific trading fees each of the top Latvian crypto trading platforms charge.

You may also have to pay deposit and withdrawal fees. You rarely have to pay for depositing fiat currency via a bank account or credit or debit card, but you may be charged a flat withdrawal fee.

There’s often a significant charge for withdrawals made in digital currency.

2. How does the exchange store customer funds?

Choose crypto exchanges that securely store crypto holdings, ideally in offline wallets.

Regulatory compliance and holding valid regulatory licenses are essential.

Exchanges should follow AML laws, protect private keys with multi-signature wallets, and offer two-factor authentication to safeguard your digital assets.

Here are the top Latvian crypto exchanges and the financial bodies that regulate them around the world.

In addition to the regulation, you want to pick a reputable exchange that stores its customers’ funds safely.

The best Bitcoin exchanges in Latvia should store your funds in segregated accounts and, ideally, in cold storage (offline).

Choosing a Latvia crypto exchange that has been audited by a reputable accountancy firm can give you extra peace of mind.

3. Is the platform easy to use?

A good user experience means more than being able to navigate around the website with ease.

Think about how you plan to trade: are you going to trade from your phone? How are you going to manage your crypto portfolio?

Are you after particular analysis tools, charts, or software integrations?

For new users, the focus should be on educational tools, like a demo account, trading tutorials, and walkthrough guides.

Here’s a comparison of the resources available from each top Latvian exchange.

For more advanced crypto investors, your focus might be on the additional trading tools on offer.

These tools can be things like adjustable charts that you can use to track specific technical indicators or identify patterns, or they might be more analysis-based, making it easier to assess the state of the crypto market as a whole.

Armed with that information, you can start to narrow down your shortlist by considering if the exchange suits you.

For instance, if you plan to do a lot of trading on the go, then you should focus on the platform that offers the best crypto app in Latvia.

4. What is the account verification process?

When you create an account, you’ll often be asked to supply some personal details and a form of ID to verify your identity.

It’s normally a prerequisite for any crypto exchange to be regulated in Latvia.

It’s a good idea to check what the verification process is before you sign up.

That way, you can have the relevant documents to hand to create a seamless sign-up process.

Or, if you want to avoid supplying personal details, you can filter out the crypto exchanges in Latvia that demand verification in order to use them.

5. How many cryptocurrencies are available?

You can buy Bitcoin in Latvia through any cryptocurrency exchange, but beyond that the number of available coins can vary.

If you want to trade altcoins, look for a Latvia crypto exchange that offers a large number of coins and ‘crosses’, where you can swap from one crypto to another. 

6. Which currencies can you deposit?

For most people, a crypto exchange in Latvia is a means to transfer local fiat currencies into cryptocurrency.

However, lots of crypto exchanges in Latvia only accept US dollar deposits, which can be an issue if that is not your primary currency.

If you don’t have access to US Dollars, then it might be best to choose a large exchange like Binance or a local exchange that’s specifically designed for crypto traders in Latvia. 

7. Which payment methods are accepted?

If you want to fund an account with the best Latvia crypto exchange using bank transfers or debit card payments, then most Latvian crypto exchanges accept deposits from bank accounts and you don’t need to worry.

A cryptocurrency exchange in Latvia is less likely to accept alternative payment methods, like PayPal and other e-wallet services.

The larger ones, such as Binance, do accept a wide variety of payment methods, but it’s still a good idea to check whether you can pay how you want before signing up.

8. Does it offer additional features, like staking or lending?

Many exchanges offer extra services beyond basic trading, including staking your crypto holdings, lending digital assets, futures trading, and NFT trading.

f you’re interested in these features, look for exchanges specifically providing them.

9. What’s the customer service like?

Reliable crypto service providers offer strong customer support via live chat, email, or messaging apps.

Always check reviews from fellow crypto traders to understand the responsiveness, trustworthiness, and quality of support offered by each exchange.

What type of Latvian crypto exchanges are there?

Most crypto investors use a centralized, global exchange like Binance or Coinbase.

But cryptocurrency exchanges in Latvia come in different forms. Here is a breakdown of the most common types:

• Centralized. In a centralized exchange, there is an authority – in this case, a company – that operates the service. You create an account and deposit money, and the funds are held by the entity in the middle. When you make trades, they go through the central authority. The biggest crypto exchange, Binance, is an example of this type of platform.
• Decentralized. On decentralized exchanges, there is no central authority. Instead, buyers and sellers deal with each other directly, and the crypto trading platforms are just the mechanism for connecting them. You can’t create an account, and the crypto is sent from one wallet to another when a transaction takes place.
• Peer-to-peer (P2P). A peer-to-peer crypto exchange operates like a decentralized exchange, but there’s still a central body that acts as the intermediary. Each side in a transaction makes the payment, and the central body releases the funds as soon as both sides have sent money.

Can I buy traditional financial assets on a crypto exchange in Latvia?

On some platforms, you can, but a better option is to sign up for a dedicated service that offers the specific assets you want to trade.

The best trading platforms in Latvia allows you to buy and sell stocks, while the best forex brokers in Latvia is best for currency trading.

The best cfd brokers in Latvia offers a mixture of all these assets.

Tax laws and capital gains in Latvia

Understanding Latvia‘s crypto-related tax laws is crucial.

Crypto traders may need to report capital gains from digital assets.

Choose exchanges or crypto service providers that help streamline tax reporting or clearly outline regulatory compliance requirements.

Which crypto exchange in Latvia has the best user reviews?

We surveyed our Latvian users to find out which crypto exchange provided the best service to everyday people, just like you.

Below we’ve summarized their findings, with each exchange ranked out of five.

To summarize

To trade cryptocurrency effectively in Latvia, select exchanges offering competitive trading volume, clear fee structures, strong regulatory licenses, and robust AML compliance.

Prioritize platforms that securely protect user funds and private keys with features like multi signature wallets and two factor authentication.

Whether you’re interested in basic crypto trading, margin trading, futures trading, or NFT trading, use this guide to find the best crypto exchanges in Latvia that match your needs.

FAQs