We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.
You'll need a Bitcoin wallet before you buy since some exchanges require one.
Don't have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets.
- Popular Exchanges to Buy Bitcoin & Crypto in Denmark
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eToro- Supports Bitcoin, Ethereum & 15 other coins
- Start trading fast; high limits
- Clean & easy trading interface
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
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Coinbase- High liquidity and buying limits
- Easy way for newcomers to get bitcoins
- "Instant Buy" option available with debit card
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Coinmama- Works in almost all countries
- Highest limits for buying bitcoins with a credit card
- Reliable and trusted broker
CEX.io
Bitpanda 
Coinbase Pro Popular Buy Bitcoin Read Review
Coinbase's exchange, Coinbase Pro, is one of the largest Bitcoin exchanges in the United States. Users can fund their accounts via bank transfer, SEPA, or bank wire. Coinbase Pro offers good prices and low fees, but their confusing user interface may initially prove difficult to navigate.
We may receive compensation when you use Coinbase Pro. Please visit Coinbase Pro for its exact pricing terms.
- Some of the lowest fees available for US and EU customers
- Possible to buy bitcoins for 0% fees
- User interface is confusing for first time buyers
Kraken Buy Bitcoin Read Review
Founded mid-2011, Kraken is the one of the world's largest cryptocurrency exchanges, and the largest in Europe based on daily average trading volume. It is available in almost all countries. Deposits can be made via bank wire, SEPA, ACH and SWIFT.
- Very low 0.25% taker fee, falling to 0.1% with sufficient trading volume
- Very low maker fee, falling to 0% with sufficient trading volume
- Highly-rated for security and data protection
- Requires ID verification, so not private
LocalBitcoins Buy Bitcoin Read Review
LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. Users may advertise trades for whichever payment method they prefer.
Buying bitcoins via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy bitcoins in any country, including the United States, Europe (besides Germany), UK, Singapore, Canada, Australia and many more.
We may receive compensation when you use LocalBitcoins. Please visit LocalBitcoins for its exact pricing terms.
- Can be private, fast and easy
- In-person trades require no personal information
- Purchases of bitcoin can be made quickly via cash deposit
- Beware of scams; always follow the rules!
- Harder to buy large amounts of bitcoins compared to large exchanges
- Slightly to significantly higher prices than regular exchanges; premium for higher privacy
Paymium Buy Bitcoin
Paymium was the first European Bitcoin exchange, founded in 2011. It provides a EUR/BTC exchange service, and complies with all relevent European Regulations. Customers can purchase bitcoins via SEPA, wire transfer, or credit card.
- Established and trusted exchange
- Mobile app available
- ID verification required for amounts over €2,500, so not private
Bity Buy Bitcoin
Bity is a Bitcoin exchange and ATM operator, based in Switzerland. Their 5 ATMs allow for a quick first purchase and only require phone verification for an initial buy limit of 1,000 EUR or CHF. Their online service accepts wire transfers, SOFORT and online bank transfers.
- Easy to start buying bitcoins after mobile phone verification
- Payment limit of up to €100,000 annually after intensive verification
- ID verification is required for most purchases, so not a private way to buy
- Low annual limit of only €4,000 without intensive verification
Bitstamp Buy Bitcoin
BitStamp is one of the world's largest and most well-known Bitcoin exchanges. Deposits can be made through bank transfer, SEPA transfer, international bank wire, and now even credit cards.
- One of the longest-running Bitcoin exchanges
- Very low 0.25% fee, falling to 0.1% with sufficient trading volume
- Good range of deposit and withdrawal options
- Deep liquidity promotes a price close to fair market rate
- Offers wide range of altcoins
- Has been hacked before, users should not store funds on the exchange for any period of time
- High 8% fee on small credit card purchases, falling to 5% with sufficient trading volume
- Geared towards traders; slightly confusing for first time buyers
Bitcoin ATMs Buy Bitcoin
You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%.
- Our map makes it super easy to find a Bitcoin ATM near you
- Bitcoin ATMs often have 5-10% fees per purchase
Bitit Buy Bitcoin Read Review
Bitit lets you purchase bitcoin online with a 3DS-enabled credit/debit cards or with cash via Neosurf, Flexepin (coming soon) and Cashlib vouchers, available in over 150,000 local stores across Europe.
We may receive compensation when you use Bitit. Please visit Bitit for its exact pricing terms.
- Unique way of purchasing offers extra privacy over other methods
- 8% Neosurf fee is slightly better than Coinhouse's 10%
- Available in 50 countries
- €10,000 initial weekly Neosurf cash payment limit
- Bitcoin gift cards also available; more expensive than other options
- In-person buying methods offer more privacy but can be confusing
- Identity verification required for buying amounts over €25
- €500 initial weekly credit/debit card limit
itBit Buy Bitcoin Read Review
itBit is a global Bitcoin exchange, licensed with the New York State Department of Financial Services. It also operates a global OTC trading desk, making it easy for customers to buy large amounts (100 BTC and up) of bitcoin. It supports all US states besides Texas.
- OTC trading desk is one of the best ways to buy large amounts of bitcoins
- Deep liquidity promotes a price close to fair market rate
- Extremely low fees; 0% for market makers and 0.2% for market takers
- Fee on OTC brokering service is only 0.1%
- Limited payment options
- Geared towards traders; exchange interface may be confusing for first time buyers
- Requires ID verification, so not private
Bitfinex Buy Bitcoin
Hong Kong-based Bitfinex has long been one of the largest USD Bitcoin exchanges in the world. Bitfinex accounts may be funded by bank wire only, their fee on accepting such transfers is low at only 0.1%.
In August 2016, however, it was hacked and lost around 30% of its users funds. While Bitfinex can be helpful for buying large amounts of bitcoins, it is probably best to not use the exchange until it fully compensates affected users.
- Very low fees even for low volume buyers; 0.1% for market makers and 0.2% for market takers
- One of the best ways to buy large amounts of bitcoins
- Allows lending of fiat or bitcoin to margin traders at interest (but this is risky in light of the hack)
- Very deep liquidity promotes a price close to fair market rate
- Supports several altcoins
- Was recently hacked and has yet to fully compensate all users for their loss
- Geared towards traders; possibly quite confusing for first time buyers
- Single payment option
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Chapter 1
Bitcoin & Cryptocurrency Trading in Denmark
Denmark's population is among the best educated in Europe, and its population has taken an interest in Bitcoin. The European nation is a contributor to blockchain technology, thanks to Denmark's warm investment climate.
The government doesn't regulate Bitcoin in Denmark, nor do they view Bitcoin as legal tender. However, the Danish government allows Bitcoin to be used as an asset and as a good. Residents of Denmark are allowed to use Bitcoin to perform any legal activity, along with the exchanges that support it.
Buying Bitcoin in Denmark is fast and easy. There are more than 20 popular exchanges available to residents of Denmark, including Coinbase and Coinmama.
Both of those exchanges have built-in wallets where you can store your Bitcoin and other tokens, as do most of the exchanges on this list.
But that doesn't mean you should use them - storing your Bitcoin on an exchange is risky, as wallets on centralized exchanges aren't secure.
Using a hardware wallet to store your private key securely is the best way to protect your investment, which should be of the utmost priority. We recommend the Ledger Nano S or the Trezor, two of the most popular and trusted wallets on the market.
COMPARISON
After your wallet situation is taken care of, it's all downhill from there. Choose one of the exchanges above, verify your identity (if necessary), and trade away.
If privacy is a concern for you and you'd instead not want to expose your identity, Denmark also has three Bitcoin ATMs, which are usually far more private than an online exchange.
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Chapter 2
Top Bitcoin & Cryptocurrency Exchanges in Denmark
Denmark has access to many large Bitcoin and cryptocurrency exchanges.
Have a look at our favorites below:
- Popular Exchanges to Buy Bitcoin & Crypto in Denmark
- eToro
- Supports Bitcoin, Ethereum & 15 other coins
- Start trading fast; high limits
- Clean & easy trading interface
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
- Coinbase
- High liquidity and buying limits
- Easy way for newcomers to get bitcoins
- "Instant Buy" option available with debit card
- Coinmama
- Works in almost all countries
- Highest limits for buying bitcoins with a credit card
- Reliable and trusted broker
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Chapter 3
Best Bitcoin Wallets for Denmark
There are three main types of Bitcoin wallet and all of them are supported in Denmark:
- Software (desktop or mobile - iOS and Android wallets
- Hardware wallet
- Cold-storage (paper or steel wallets, the latter of which are used to backup your main wallet.
Best for Security
Ledger Nano X
Secure storage for any cryptocurrency
Visit WebsiteThe Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. It connects to iOS, Android & desktop computers.
Temporary Wallet
Atomic Wallet
Best for storing crypto for short period of time
Learn MoreAtomic wallet is a multicurrency mobile wallet with a beautiful interface and easy to use features.
Best for Desktop
Electrum
Simple yet powerful desktop wallet
Learn MoreElectrum is a Bitcoin-only wallet that has been around since 2011. It's easy to use, but has advanced features.
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Chapter 4
Exchange Hacks and Crypto Scams in Denmark
As of September of 2020, we could find no exchange hacks or significant scams affecting Denmark or its citizens. We will update this page if/when any news of scams or exchange hacks occur in Denmark.
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Chapter 5
Bitcoin Mining in Denmark
Denmark is probably one of the last places on earth you'd want to mine Bitcoin. Electricity prices in Denmark are absurdly high in comparison to countries like China, India, Kuwait, and Georgia.
Your hash rate to power consumption ratio is key for Bitcoin mining profitability, and they're two variables you have control over in the profitability equation.
Using the latest, most efficient mining hardware is the first step. At the time of writing, Bitmain's Antminer S19 is top-of-the-line, hashing at 95 Th/s, and drawing 3250 watts from the wall.
When we plug those numbers into our mining profitability calculator, and using Denmark's electricity price of $0.30 per kWh, profitability comes out to negative $6,700 per year.
The same miner would turn a profit of $1,162 with the current price of BTC in Kuwait because Kuwait's electricity is only $0.02 per kWh.
Bitcoin mining may be a profitable way to acquire Bitcoin for tech-savvy individuals with a lot of time, energy, and money to invest upfront, but only in certain situations, and certainly not in Denmark.
If you want Bitcoin now, buying it from an exchange or a peer is your best bet.
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Chapter 6
FAQ
Does Coinbase work in Denmark?
Citizens of Denmark can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
- Bank Deposit
- PayPal
- 3D Secure Credit Card
- Debit Card
- Credit Card
Where Can I Find a Bitcoin ATM in Denmark?
There are 3 Bitcoin ATMs in Denmark, all located in Copenhagen. One in each of The Dubliner locations (one at Ny Østergade 14, and one at Amagertorv 5), as well as the Ahaaa! Det Arabiske Madhus! located at Nørrebrogade 51.
What is the price of Bitcoin in Denmark?
The current price of Bitcoin in Denmark is DKK 68,596, however this amount changes every minute, so always check the value on your local exchange.
Which stores accept Bitcoin in Denmark
Bitcoin is accepted at lots of stores and service providers all over Denmark. So many, in fact, that we couldn't possibly list them all here. However, you can find specific kinds of services and goods filterable on a map over at coinmap.org.
Does Bitcoin use more electricity than Denmark?
According to the International Energy Agency, a non-profit that works with governments and corporations to secure sustainable energy policies internationally claims that Denmark consumes about 33.4 TWh of elctricity each year. It also emits about 32. Mt of CO2 each year.
By contrast, according to Digiconomist, Bitcoin consumes about 70 TWh of electricity and emits ~33 Mt of CO2 each year.
That means that Bitcoin atually consumes more than double the electricity that Denmark consumes while emitting about the same amount of CO2.
Denmark is considered the most climate friendly country in the world. Bitcoin emits about half the CO2 per KWh that Denmark does. So if Bitcoin were a country, it would actually be the most climate friendly country on Earth by double the next most climate friendly country.
How do I cash out of Bitcoin in Denmark?
Any exchange with a DKK trading pair will allow you to sell your Bitcoin for fiat currency. Bitit has DKK trading pairs for many popular coins.
Another way to buy Bitcoins in Denmark is through automated teller machines (ATMs). These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private.
Local Bitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. Local Bitcoins is a peer-to-peer (P2P) exchange, where you buy and sell with another individual. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.
You could also use a service like eGifter to sell your Bitcoin for gift cards.
