How to buy Bitcoin (BTC) in Germany and France

Published on:

Key results

  • Germany and France have a clear, strict regulatory framework for replacement, thanks to which Bitcoin is a protected and real form of investment.
  • France and Germany have many purchasing options, such as cryptocurrency exchange, Peer-to-Peer platforms or Bitcoin ATMs.
  • Although you can easily buy bitcoins, it is necessary to store resources in a protected cryptographic portfolio.

The world perceives Bitcoin (BTC), now more than ever, as a justified investment opportunity. While little and far away, the governments are slowly beginning to support the first cryptocurrency of the world. Along with these recommendations, cryptocurrency exchanges appear, as well as other methods of investing in bitcoin.

In this article, it will cover the way of purchasing bitcoins in Germany and France, including legal ways of investing and storing cryptocurrency with relevant provisions.

Legal landscape with cryptography in Germany and France

Germany

The German government has long participated in cryptography, selling 50,000 BTC in the summer of 2024 as the last example.

Such a liberal utilize of BTC purchase in Germany is possible thanks to the Federal Financial Supervisory Authority (BAFIF), which recognized Bitcoin as a financial instrument in 2013.

In 2021, the regulatory entity issued its first business license of cryptocurrency care for Coinbase, paving the way to accepting cryptocurrencies. Any group qualifying In order to obtain a BAFIN license, he must comply with strict money laundering (AML) and know his client (kyc).

Investors pay taxes on cryptographic income and capital gains. After saying, the profits from Bitcoin took place for more than a year (long -term) are tax -free, which makes the country particularly attractive to long -term owners.

France

In 2019, French President Emmanuel Macron established a plan of d’Action pour la Croissance et la transformation desesprises (Pacte), a frame frame, which established strict compliance for all cryptocurrency plants that want to accept.

Cryptocurrency regulations in France require that the French market regulator, authorité des Marchés fins (AMF), would issue licenses of digital asset service provider (DAPS) for potential exchanges. Gemini, Cryptographic exchange by Winklevoss Twins, is one of the latest DASP, after registration in November 2024.

Pacte also standardized BTC BTC in France. Investors pay tax on capital profits in most cryptographic profits, although smaller transactions may be exempt from it.

Ways to buy Bitcoins in Germany and France

If you are wondering where to buy bitcoins in Germany or where to buy bitcoins in France, know that there are several ways to do it.

  • Cryptographic exchange: The simplest legal ways to buy Bitcoins in Germany and France are the exchange of cryptocurrencies. You can connect your bank account or debit/credit card for replacement and buy bitcoins via Fiat for a compact fee. Due to the strict regulations, it is generally protected to buy on the Bitcoin stock exchanges in Germany and France.
  • Bitcoin ATMS: Bitcoin ATMs are relatively reliable of all protected ways to buy Bitcoins. Bitcoin ACMS They are available In various European cities, they allow the purchase of bitcoins for cash. However, it should be remembered that cryptographic ATMs can charge higher fees than other methods.
  • Peer-to-Peer market: Satoshi introduced Bitcoin as a peer-to-peer currency (P2P). The P2P market, such as PaxFul, facilitate bitcoin transactions and are available in France, Germany and many other European countries.
  • PayPal: PayPal also supports Bitcoin, Ether (ETH) and other cryptocurrencies. This is an straightforward way to start, because many users already have PayPal accounts for other financial reasons.
  • Time-honored financial platforms: Time-honored financial platforms, such as EToro, also offer cryptocurrencies. Like PayPal, many investors already have bills in various financial companies, improving their change in Crypto.

How to utilize cryptocurrency exchange in Europe

Regardless of what replacement of cryptocurrencies you choose, they follow a similar registration and purchase process. After saying, you should still conduct your own research and look at the exchange history or what currencies they offer, especially if you plan to invest outside Bitcoin. Take the following steps to register for replacement.

Check your identity

Enrolling in cryptocurrency exchange requires compliance with KYC and AML rules. This means checking the correctness of identity by sending an ID card. The verification process may take a while, so make sure you send precise information for the first time.

Connect the payment method

After checking the correctness of identity, you can connect a local bank or debit/credit card or utilize PayPal to finance your account. Most exchanges support the various Fiat currencies, so finding one that works for you should be straightforward.

Add the payment method via Coinbase

Buy bitcoins

After financing your account, you can buy Bitcoin. The process is elementary: enter the desired bitcoins, select the payment method and click “Buy”.

Choose the amount of bitcoins you want to buy

Do you know? The French authorities maintain cryptographic platforms for the highest standards. In January 2025, the Bybit Stock Exchange ceased French activities due to increased control, showing the increased interest of the government in digital assets.

Bitcoin platforms in France and Germany

Coinbase, Bitpanda and Kraken are examples of platforms available in both countries to buy bitcoins, making them a great beginning for beginners cryptographic in Germany and France.

In addition, they support many payment methods, such as bank transfers and credit cards, providing convenience to users. In addition to buying Bitcoin, these platforms often contain educational resources, which makes them a valuable starting point for anyone who wants to learn about a wider cryptocurrency ecosystem.

Bitcoin portfolio configuration guide

Now, when you bought Bitcoin for a selected exchange, providing him with the appropriate Bitcoin portfolio is the highest priority.

Let’s get to several types of wallets.

Replace the wallet

Your selected exchange automatically provides the Bitcoin wallet in which it stores bitcoins after purchase.

Although exchange wallets are helpful, if you often plan trade, they are always online by nature. This continuous connectivity maintains your assets at risk of theft or violation of security if the safety measures are not failed.

Do you know? You can replace the crypto from one wallet to another anywhere around the world for a compact fee. This contrasts with the FIAT payment transfer systems, which are steep and time consuming.

Mobile wallet

Mobile wallets are applications built for storing cryptocurrencies on a mobile device. They are perfect if you constantly check crypto or often travel. These wallets often have web3 functions that allow you to interact with a decentralized network.

However, like exchange wallets, mobile wallets are always online, which leaves them susceptible to cyber criminals. Bad actors can aim at the device using phishing fraud or malware, enabling them to steal assets. In addition, the loss of the phone means losing the wallet (but not quite if you wrote and maintained the recovery expression in a protected and accessible place).

Hardware portfolio

The hardware portfolio is a physical device, often similar to a USB stick, which stores offline holding.

Thanks to various safety functions, hardware wallets are much safer than mobile portfolios and replacement when it comes to cyber threats, which makes them an option of Securest for long -term owners. However, trading with hardware wallets can be pain. These wallets are the best if you plan to stick to your long -term cryptographic, and not often trade.

Is Bitcoin (BTC) in line with Mika?

Markets in cryptocurrencies (MICA) have established a comprehensive framework for cryptocurrency regulation in the European Union. Bitcoin, being decentralized cryptocurrency, is not directly subject to compliance with Mika, because it does not meet the definition of an e-fuel token or utility. However, it plays a significant role in a wider regulatory environment.

Mica focuses primarily on the regulation of cryptographic service providers, Stablecouins and issuers of digital tokens in order to raise consumer protection and market integrity.

Despite this, platforms offering Bitcoin services in France and Germany must meet legal requirements such as licensing, AML protocols and investors’ security.

For bitcoin users, Mica creates a safer investment landscape, enforcing transparency and accountability between stock exchanges and guardians. This ensures that regardless of whether you buy bitcoins in Germany or France, your investments are protected on the basis of harmonized EU regulations.

Related

Leave a Reply

Please enter your comment!
Please enter your name here