Best Fiat-to-Crypto Exchange

Supported Fiat: AUD, EUR, USD, and over 90 more.

Payment Methods: Bank transfers, online banking, e-wallets, credit/debit cards, Google/Apple Pay, and other payment channels.

Binance is a well-known name in the cryptocurrency industry, having built a strong reputation for its reliability and potential for being considered one of the best fiat-to-crypto exchanges.

When it comes to fiat-to-crypto (and vice versa) deposits and withdrawals, Binance offers a smooth and hassle-free experience. It supports a wide variety of fiat currencies, including EUR, GBP, BRL, and many others, making it easy for users from different countries to deposit and withdraw funds in their local currency.

Fiat deposits and withdrawals on Binance can be made via bank transfers, online banking, e-wallets, credit/debit cards, Google/Apple Pay, or through various payment channels, depending on your preference.

Besides that, though, you can also simply use Binance's "Buy Crypto" feature, which allows you to buy or sell digital assets directly, without needing to deposit fiat into your account. It supports all the same payment methods, but the ones you can use will depend on your location.

A factor that sets Binance apart from other exchanges is its competitive fee structure. The withdrawal fees imposed by Binance mostly range from 0% to 1.9%, depending on the fiat currency and the method chosen. Deposit fees also depend on the fiat currency and the method in question and mostly range from 0% to 2.2%.

Though, some payment methods have a fixed fee. For example, if you deposit EUR via open banking (SEPA), you'll have to pay €5, while the withdrawal using the same payment method will cost €25.

Also, consider that Binance has established strategic partnerships with numerous organizations in the cryptocurrency space. Since 2017, it aims to enhance its services and offerings through these partnerships catering to the needs of users all over the world.

For example, in 2019, Binance partnered with a Turkish fiat-to-crypto gateway called Papara, making it easier for Turkish users to onboard and offboard funds from their Binance accounts.

Now, it's also worth noting that security is a top priority for Binance. The exchange has implemented comprehensive security measures to safeguard user funds and information. It uses industry-leading security protocols, including two-factor authentication and SSL encryption to protect users’ data and accounts.

Additionally, Binance has a robust risk management system in place to detect and prevent potential security breaches. This ensures a secure trading environment for users.

Overall, as a fiat-to-crypto exchange, Binance excels in its fees and a variety of choices when it comes to both currencies and withdrawal / deposit methods. So, whether you are a beginner or an experienced cryptocurrency investor, Binance will provide you with a secure, reliable, and affordable platform for all your fiat-to-crypto exchange needs.

Supported Fiat: USD, EUR, GBP + around 200 more.

Payment Methods: Debit cards, P2P transfers, bank withdrawals, Apple Pay, and more.

Uphold is a multi-functional exchange platform. The ‘multi-functionality’ comes in the form of products that the platform offers to its users - you’d be able to trade and exchange not only cryptocurrencies, but also traditional financial tools, such as equities and stocks.

The platform supports a wide range of both cryptocurrencies and fiat currencies. The exact number of supported fiat is unclear, but Uphold is home to over 265 different crypto coins & tokens. While this variety might not suffice traders looking for the most niche assets, it should still cover the majority of crypto enthusiasts’ needs.

Uphold features a three-wallet model. You have the traditional exchange-based custodial wallet option - that’s a given. On top of that, though, Uphold also provides its clients with a Vault (an assisted self-custody wallet) and UpHODL - a multichain wallet for cryptocurrencies and NFTs.

If you’re looking for the best fiat-to-crypto exchange because you’re interested in more than trading, I’ve got some good news for you - Uphold supports a variety of additional, advanced features! You have staking (with up to 14% APY), the aforementioned stocks and equities, a debit card for UK-based users, and many more.

You could also set up recurring buys, to help your DCA strategy. There are also stop-loss and take-profit orders, which is great news for more experienced traders.

Something that should also be mentioned is that Uphold takes the aspect of security very seriously. The exchange is regulated and compliant with international laws regarding crypto, KYC, and anti-money laundering. It holds user funds in cold storage devices, and features over 100% reserves - that’s a rare benefit to talk about!

All in all, Uphold is a top-tier exchange platform, no matter if you’re looking for the best fiat-to-crypto exchange, or in general.

Disclaimer: don’t invest unless you’re prepared to lose all the money you invest.

Supported Fiat: USD, EUR, CAD, CHF, AUD, and GBP.

Payment Methods: Bank transfers, wire transfers, Apple/Google Play, credit/debit cards, in-person transfers, and other payment channels.

Kraken is one of the leading crypto platforms among the best fiat-to-crypto exchanges for sure. It facilitates the buying and selling of cryptocurrencies using fiat currencies such as USD, EUR, CAD, CHF, AUD, and GBP.

As one of the most established exchanges in the market, it has built a reputation for providing reliable and secure services to its users. Kraken's user interface is easy to navigate, and the platform offers a wide range of trading options.

For users who are new to the world of crypto, Kraken provides a user-friendly platform with one of the best ways to convert crypto to fiat (and vice versa). On the other hand, for experienced traders, it offers advanced trading options, including margin trading and futures trading.

Getting back to the fiat-to-crypto part, Kraken allows quick buying or selling of cryptocurrencies using the "Instant Buy" feature. The fees of this feature are determined by various factors such as transaction size, the asset in question, the payment method, and market conditions. They can be coin-denominated or percentage-based.

Fiat deposits are usually free, but there are some payment methods that do charge a deposit fee (like the Bank Frick deposit, for example). Withdrawal fees, on the other hand, range from free to 35 worth of the fiat currency in question. Find more information about Kraken fees in this article.

Talking about the deposit and withdrawal methods, Kraken offers a variety of those. Customers can deposit funds through bank transfers, wire transfers, Apple/Google Play, credit/debit cards, in-person transfers, and other payment channels. Withdrawals can also be made in multiple ways, including bank transfers.

As for reliability, Kraken has formed partnerships with various financial institutions and companies to expand its services and provide users with more options. For example, it has partnered with Canada Post, to allow Canadian traders to make in-person cash and debit card deposits.

Now, it surely is worth noting Kraken's high level of security. The platform uses a variety of security measures to protect user data and funds. Namely, Kraken implements AML measures to detect and prevent illegal activities on the platform.

It is also worth mentioning that Kraken stores the majority of its users' funds in cold storage wallets, which are offline and not connected to the internet. Additionally, Kraken uses two-factor authentication and a master key system to ensure that only authorized individuals can access their respective private accounts.

Regulation-wise, Kraken complies with all rules and laws in the countries in which it operates. The platform is registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN) in the United States and is regulated by the Financial Conduct Authority (FCA) in the United Kingdom.

In conclusion, Kraken is a reliable and secure platform that offers a wide range of features for users who want to find the best way to convert crypto to fiat, and vice versa. The platform is user-friendly and can be considered an excellent choice for anyone who wants to enter the world of crypto trading.

Supported Fiat: USD, GBP, and EUR.

Payment Methods: Bank transfers, credit/debit cards, PayPal, wire transfers, Apple/Google Pay, and instant cashouts to bank accounts.

When it comes to exchanging fiat currency for cryptocurrencies, security must be one of the main factors to consider when evaluating the best fiat-to-crypto exchanges. Coinbase understands this and has implemented robust security measures to protect its users' funds and information.

With features like two-factor authentication, SSL encryption, and biometric authentication, Coinbase ensures that your account and transactions are safeguarded against potential threats.

Such reliability and trustworthiness are also boosted due to the platform's versatility. The platform works with the most popular fiat currencies, namely USD, GBP, and EUR, making it accessible to users from various regions around the world. This sets it apart when it comes to evaluating the best crypto-to-fiat exchange.

Cost-wise, Coinbase charges a fixed amount that depends on the currency and the method used. This is true for both deposits and withdrawals (either fiat-to-crypto or crypto-to-fiat trading). For US residents with enabled accounts, or for Visa card holders in the US, UK, and EU, there are also Instant Cashout services in place. However, the fees are not disclosed on their website, you can only see them before making the purchase.

While Coinbase fees are known to be pretty high, it makes up for that with its user-friendly platform and robust security measures.

The hassle-free "Buy and Sell" feature makes depositing and withdrawing funds on Coinbase a seamless experience. Users can deposit funds using various methods, including bank transfers, credit/debit cards, and even PayPal in some regions.

Strategic partnerships with various organizations are also strong points in favor of Coinbase. The exchange has partners everywhere in the vast cryptocurrency ecosystem, which further enhances its services.

For example, Coinbase has partnered with Visa, allowing users to spend their cryptocurrencies with a Coinbase Visa debit card. This partnership provides users with the convenience of using cryptocurrencies for everyday transactions, making it easier to use their digital assets in real-world scenarios.

Coinbase has also partnered with other major financial institutions and payment processors to expand its services and provide even more options to its users.

While we're on the topic of fiat-to-crypto platforms, I must mention the Coinbase Onramp, which is a fiat-to-crypto solution that can be integrated into other platforms. It supports various payment methods and fiat currencies (over 60). However, this is not a feature that can be used to buy crypto on Coinbase.

Overall, when it comes to the discussion of the best fiat-to-crypto exchange, Coinbase surely stands out with its strong emphasis on security, excellent reputation, user-friendly interface, and convenient mobile application. Thus, it remains a top choice for many traders looking to enter the world of cryptocurrencies.

Supported Fiat: USD, EUR, GBP, JPY, and CNH.

Payment Methods: Bank wire transfers or credit/debit cards.

Bitfinex is a cryptocurrency platform that offers a range of services, including some of the best fiat-to-crypto exchange services out there. It has gained popularity among users due to its high level of security, advanced trading options, and powerful charting tools.

Now, talking about deposits and withdrawals, Bitfinex offers the usual options for funding your account and cashing out your crypto using fiat. Namely, you can do that through bank wire transfers or via credit/debit cards. You can even use the Lightning Network to make instant deposits and withdrawals.

Bitfinex supports many fiat currencies, including US Dollar (USD), Euro (EUR), Great British Pound (GBP), Japanese Yen (JPY), and Chinese Yuan (CNH).

Talking about fees, Bitfinex provides users with competitive exchange rates and low transaction fees, making it an attractive option for users who want to trade cryptocurrencies.

Fiat-related deposit and withdrawal fees might vary based on the method used and the currency in question. You can see the exact fees before making the deposit/withdrawal, but the usual fiat deposit fee on Bitfinex is 0.1% (when making bank deposits). Internal transfers (digital asset withdrawals to another Bitfinex user's address), however, are free of charge.

Now, talking about security, Bitfinex takes the security of its users' funds and information seriously. The exchange employs advanced security measures such as multi-factor authentication (MFA), cold storage, and encrypted communication to protect user data.

The platform's security features, along with its long-standing reputation in the cryptocurrency market, showcase its reliability and trustworthiness.

In addition to complying with regulatory requirements in the jurisdictions where it operates, Bitfinex is registered with the Financial Crimes Enforcement Network as a Money Services Business (MSB) in the United States and subject to the oversight of the Financial Services Commission of the British Virgin Islands.

Additionally, Bitfinex is licensed to operate in various other regions, including several countries in Europe and Asia. This enables a range of fiat conversions while demonstrating its commitment to regulatory compliance.

It should also be mentioned that Bitfinex offers an intuitive trading interface with advanced charting tools, suitable for both novice and experienced traders. Charting in Bitfinex is fueled by a variety of features, including candlestick charts, line charts, and depth charts.

On top of that, the platform includes TradingView integration, which provides users with a range of technical indicators and drawing tools.

Overall, Bitfinex's user-friendly platform attracts traders with advanced charting tools, a versatile mobile app, and convenient fiat-to-crypto services. Thus, Bitfinex is surely worth being a part of this best fiat-to-crypto exchanges list.

Supported Fiat: USD, EUR, and GBP.

Payment Methods: Credit/debit cards, Apple/Google Pay, bank transfers, PayPal, and other payment channels.

CEX.IO is a popular crypto exchange that supports multiple payment methods, making it a strong contender among the best fiat-to-crypto exchanges. It is known for being easy to use, allowing seamless deposit and withdrawal functions.

The platform has a large user base, serving customers in over 220 countries. This enhances the argument of it being a trusted choice for fiat-to-crypto trading. In practical terms, CEX.IO is known for its ease of use and intuitive interface, suitable for both beginners and experienced traders.

Other useful features add up, like its "Instant Buy" feature, which allows users to buy cryptocurrencies using their credit/debit cards, Apple/Google Pay, bank transfers, PayPal, and other payment channels. This can be ideal for users who want to quickly and easily purchase cryptocurrencies without the need to deposit fiat funds first.

Though, there is one drawback, the platform only supports USD, EUR, and GBP, which is not the widest range compared to other popular crypto-to-fiat platform.

Nonetheless, CEX.IO is known for its high liquidity and deep order books, which ensure that users can easily buy and sell cryptocurrencies at the best market rates.

Now, CEX.IO's purchasing fees vary depending on the payment method. There are either fixed charges (like $2,99 charged for SEPA deposits and withdrawals, for example) or they range from 0.3% to 3% when it comes to withdrawals, and 0.99% to 3.99% when it comes to deposits. You can find the full fee structure on CEX.IO.

In terms of security, CEX.IO uses advanced measures, including SSL encryption and cold storage, to protect traders who choose the exchange.

The platform is also compliant with various regulations, including the European Union's Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements. This enhances the security of assets, funds, and private information even more.

All in all, CEX.IO is a user-friendly, reliable, and secure fiat-to-crypto exchange that offers a wide range of cryptocurrencies, competitive fees, high liquidity, and convenient deposit and withdrawal options. With this taken into account, CEX.IO is a potent and reliable exchange, making it a reputable choice for fiat-to-crypto trading.

Supported Fiat: USD, EUR, and GBP.

Payment Methods: Bank transfers, credit/debit cards, and third-party payment gateways.

Bitstamp is one of the leading exchanges renowned for its robust security measures, notable even among the best fiat-to-crypto exchanges.

With over a decade of experience in the industry, Bitstamp has established a reputation for reliability, transparency, and trustworthiness in providing secure and efficient trading services to millions of traders worldwide. This includes a convenient and user-friendly platform for fiat-to-crypto trading (and the other way around).

The exchange supports the most popular fiat currencies globally: USD, EUR, and GBP. This makes it easy for traders to deposit and withdraw funds in their preferred currency. However, if you're looking for a platform that supports a wide variety of fiat currencies, this is not the best choice.

Talking about payment methods, Bitstamp has got your deposits covered with bank transfers, credit/debit cards, and third-party payment gateways. When you're ready to cash out your crypto, it offers various withdrawal options, too, including bank transfers.

Besides, it's worth noting that deposits and withdrawals on Bitstamp have fast processing times, making it convenient and cost-effective to fund your account.

In terms of fees, there are many options to deposit without fees (including SEPA, ACH, and UK’s Faster Payments), while withdrawing to fiat also hits a minimum of 0% but does go up to 0.25%. Debit and credit cards can also be used to make instant crypto purchases, but then there's a 4% fee.

Regarding compliance and partnerships, Bitstamp is known for its strategic partnerships with reputable banks for fiat deposits and withdrawals. This is made to ensure smooth and efficient transaction processes for its customers.

The exchange has even taken an additional step, collaborating with other cryptocurrency exchanges to increase liquidity and improve trading options for everyone in the network. These partnerships have further strengthened Bitstamp's position as a leading fiat-to-crypto exchange.

As mentioned before, one of the key strengths of Bitstamp is its commitment to security. Apart from standard security protocols like two-factor authentication and cold storage, Bitstamp also implements several additional security measures.

Besides, Bitstamp employs advanced monitoring systems to detect and prevent unauthorized access or suspicious activities. These comprehensive security measures have earned Bitstamp a reputation as one of the most secure fiat-to-crypto exchanges in the industry.

In summary, Bitstamp is a secure and reliable fiat-to-crypto exchange that provides its users with a convenient platform for trading cryptocurrencies. With its user-friendliness and strategic partnerships, Bitstamp is an excellent choice for both beginners and experienced traders looking to exchange fiat currency for cryptocurrencies.

If you want a feature-rich exchange that’s easy to use and doesn’t force KYC right away, WEEX is a strong pick. It’s a centralized exchange available in 130+ countries, including the US and Canada. Its interface is clean and familiar, which makes switching between spot, futures, copy, and P2P trading frictionless.

The exchange supports over 1,000 cryptocurrencies and more than 3,000 spot pairs, as well as plenty of perpetual USDT futures pairs with leverage of up to 400x. Also, there’s a demo futures mode with virtual funds, and copy trading where you can follow Elite traders (or become one and get an up to 20% profit share).

Security on WEEX is layered, featuring 2FA, anti-phishing protections, withdrawal address whitelisting, cold storage, multi-signature, proof of reserves, and even a 1,000 BTC protection fund. On top of that, WEEX claims to run independent third-party security audits and utilize AI-powered risk controls.

KYC is optional for core use – VIP 0 users can deposit, trade, and withdraw up to 10K USDT per day without verification. If you complete KYC, though, withdrawal limits jump to 1M USDT daily, with even higher thresholds at top VIP tiers (up to 15M USDT for verified VIP 8; 500K USDT for unverified VIP 8). The only feature for which you must pass KYC to access is P2P trading.

When it comes to WEEX's fees, spot trading costs start at 0.1% for makers and takers, while futures fees at 0.02% for makers and 0.08% for takers. However, the VIP club can further reduce these rates. To increase your VIP level, you have to trade more, hold WXT, the exchange's native token, or keep a higher asset balance.

Speaking of perks like the VIP club, WEEX offers various ways to earn rewards daily, including a hefty welcome bonus, daily Spin to Win, trading competitions, and a referral program.

WEEX Deal Active Right Now:

Are there any trade-offs, though? Well, all platforms have those. As for WEEX, fiat on-ramping is currently limited to P2P and supports a narrow set of currencies, so most users will have to fund their accounts via crypto deposits. Also, some WEEX reviews report experiencing slower customer support during busy periods.

The bottom line is that WEEX combines optional KYC, a huge supported crypto list, various trading features, low fees, and strong security into a smooth package. So, I'd say this exchange is great for beginners and pro traders alike, with only minor caveats that might not even bother most users.

BYDFi is a cryptocurrency exchange platform that aims to provide a user-friendly experience for both novice and experienced traders. While relatively newer compared to some established giants, BYDFi has focused on offering a diverse range of trading options. Some of BYDFi’s key features include:

• Spot Trading: Buy and sell cryptocurrencies at current market prices.
• Derivatives Trading: Trade cryptocurrency futures and options contracts.
• Copy Trading: Automatically replicate the trades of experienced traders.
• Mobile App: Trade on iOS and Android devices.
• Educational Resources: Guides and tutorials for learning about crypto trading.
• Trading Bots: Use automated tools to trade cryptocurrencies like a pro.

The platform supports more than 400 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). BYDFi also aims to provide competitive trading fees by offering a flat maker/taker rate of 0.1% on its spot trading platform.

When it comes to security, BYDFi implements essential measures to ensure users' data and funds safety. It uses Amazon Web Services, multi-factor authentication and hardware verification, as well as SHA512 with 512-bit encryption to protect the system. Users can also use two-factor authentication (2FA) using Google Authenticator and SMS to protect their accounts.