Buy Bitcoin & Crypto in Norway

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 Norway
  • 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
  • eToro
    • Supports Bitcoin, Ethereum & 15 other coins
    • Start trading fast; high limits
    • Your capital is at risk.

    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.

CoinbaseCoinbase Buy Bitcoin Read Review

Coinbase is the world's largest Bitcoin (BTC) broker. They represent an easy and fast way for new users to purchase bitcoins. Coinbase supports customers in over 30 countries, including the United States, Europe (besides Germany), UK, Singapore, Canada, and Australia.

Customers in the above-mentioned countries can purchase bitcoins by debit card, bank transfer, SEPA transfer, and more.

We may receive compensation when you use Coinbase. Please visit Coinbase for its exact pricing terms.

Pros
  • High liquidity and buying limits
  • Easy way for newcomers to get bitcoins
  • "Instant Buy" option available with debit card
Cons
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Ease of Use
Easy
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Privacy
Low
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Speed
Average
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Fees
Average
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Reputation
Trusted
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Limits
High
Buy Bitcoin Read Review

CoinmamaCoinmama Buy Bitcoin Read Review

Coinmama allows customers in almost every country to buy bitcoin. They charge a 4.9%-5.9% (depends on volume) fee on each purchase.

Customers in Europe can also purchase bitcoins with SEPA transfer for a lower fee.

Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama.

We may receive compensation when you use Coinmama. Please visit Coinmama for its exact pricing terms.

Pros
  • Works in almost all countries
  • Highest limits for buying bitcoins with a credit card
  • Reliable and trusted broker
Cons
  • Some of the highest fees among credit/debit card bitcoin brokers
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Ease of Use
Easy
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Privacy
Low
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Speed
Fast
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Fees
Average
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Reputation
Trusted
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Limits
High
Buy Bitcoin Read Review

eToroeToro Buy Bitcoin Read Review

eToro is a trading platform and crypto exchange. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins.

Deposits can be made quickly via bank transfer, SEPA, NETELLER, PayPal and more. It also offers unique features like copy trading.

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.

We may receive compensation when you use eToro. Please visit eToro for its exact pricing terms.

Pros
  • Offers unique copy trading feature
  • Trusted echange that has been active in traditional finance
  • Interface is clean and easy to use
Cons
  • You cannot deposit cryptocurrency, but you can deposit with other payment methods
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Ease of Use
Easy
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Privacy
Low
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Speed
Average
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Fees
Low
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Reputation
Trusted
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Limits
High
Buy Bitcoin Read Review

CEX.ioCEX.io Buy Bitcoin Read Review

CEX.io lets you buy bitcoin with a credit card, ACH bank transfer, SEPA transfer, cash, or AstroPay. Purchases made with a credit card give you access to your bitcoin immediately. CEX.io works in the United States, Europe, and certain countries in South America.

We may receive compensation when you use CEX.io. Please visit CEX.io for its exact pricing terms.

Pros
  • Support for many countries and regions
  • Low 0.2% trading fee
  • Established and trusted exchange
Cons
  • Verification process is extensive, requiring much personal information (including a photo) and incurring a long delay
  • GBP market lacks liquidity
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Ease of Use
Average
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Privacy
Low
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Speed
Average
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Fees
Average
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Reputation
Trusted
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Limits
Average
Buy Bitcoin Read Review

BitpandaBitpanda Buy Bitcoin Read Review

Bitpanda is a Bitcoin broker based in Europe.

They have high payment limits and low fees across their wide range of payment methods.

Bitpanda offers customers the option to buy bitcoins with credit card, debit card, SOFORT, Skrill, NETELLER, giropay, eps, SEPA, and Online Bank Transfer.

Our guide will show you how to buy bitcoins with a credit card on Bitpanda.

We may receive compensation when you use Bitpanda. Please visit Bitpanda for its exact pricing terms.

Pros
  • Some of the lowest fees for buying bitcoins with credit/debit card
  • Reliable and trusted broker
Cons
  • Fees aren't shown openly on the site but instead included in the buying price
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Ease of Use
Easy
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Privacy
Low
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Speed
Fast
fees icon
Fees
Low
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Reputation
Trusted
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Limits
High
Buy Bitcoin Read Review

Coinbase ProCoinbase Pro 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.

Pros
  • Some of the lowest fees available for US and EU customers
  • Possible to buy bitcoins for 0% fees
Cons
  • User interface is confusing for first time buyers
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Ease of Use
Hard
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Privacy
Low
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Speed
Average
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Fees
Low
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Reputation
Trusted
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Limits
High
Buy Bitcoin Read Review

KrakenKraken 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.

Pros
  • 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
Cons
  • Requires ID verification, so not private
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Ease of Use
Hard
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Privacy
Low
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Speed
Average
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Fees
Low
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Reputation
Trusted
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Limits
High
Buy Bitcoin Read Review

LocalBitcoinsLocalBitcoins 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.

Pros
  • Can be private, fast and easy
  • In-person trades require no personal information
  • Purchases of bitcoin can be made quickly via cash deposit
Cons
  • 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
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Ease of Use
Hard
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Privacy
High
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Speed
Fast
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Fees
Low
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Reputation
Trusted
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Limits
Average
Buy Bitcoin Read Review

PaymiumPaymium 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.

Pros
  • Established and trusted exchange
  • Mobile app available
Cons
  • ID verification required for amounts over €2,500, so not private
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Ease of Use
Easy
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Privacy
Low
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Speed
Fast
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Fees
Low
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Reputation
Trusted
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Limits
High
Buy Bitcoin

BityBity 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.

Pros
  • Easy to start buying bitcoins after mobile phone verification
  • Payment limit of up to €100,000 annually after intensive verification
Cons
  • ID verification is required for most purchases, so not a private way to buy
  • Low annual limit of only €4,000 without intensive verification
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Ease of Use
Average
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Privacy
Low
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Speed
Fast
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Fees
Low
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Reputation
Trusted
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Limits
High
Buy Bitcoin

BitstampBitstamp 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.

Pros
  • 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
Cons
  • 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
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Ease of Use
Hard
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Privacy
Low
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Speed
Slow
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Fees
Average
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Reputation
Trusted
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Limits
High
Buy Bitcoin

CoinCornerCoinCorner Buy Bitcoin

CoinCorner is a Bitcoin exchange based on the Isle of Man. They cater to first-time buyers in the UK, Europe, Canada, Australia, and certain African, Asian, and South American countries. CoinCorner users may purchase bitcoins with SEPA, credit/debit card, GBP bank transfer, and now Neteller too. No verification required for purchases under £100.

We may receive compensation when you use CoinCorner. Please visit CoinCorner for its exact pricing terms.

Pros
  • Trusted and regulated company in the UK
  • Wide range of payment options
  • Good customer support
  • Instant credit card purchases
  • Supports a very wide range of countries
  • Video tutorials covering the basics of Bitcoin and buying and selling
  • Multi-sig security features
Cons
  • 1% trading fee slightly high by European standards
  • Offers a mobile wallet but this is not ideal for bitcoin storage
  • Requires ID verification, so not private
  • Does not provide exchange prices for comparison without sign-up
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Ease of Use
Easy
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Privacy
Low
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Speed
Average
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Fees
Average
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Reputation
Trusted
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Limits
Average
Buy Bitcoin

Bitcoin ATMsBitcoin 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%.

Pros
  • Our map makes it super easy to find a Bitcoin ATM near you
Cons
  • Bitcoin ATMs often have 5-10% fees per purchase
Buy Bitcoin

itBititBit 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.

Pros
  • 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%
Cons
  • Limited payment options
  • Geared towards traders; exchange interface may be confusing for first time buyers
  • Requires ID verification, so not private
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Ease of Use
Hard
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Privacy
Low
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Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Bitcoin Read Review

Mycelium Local TraderMycelium Local Trader Buy Bitcoin

Mycelium Local Trader helps you find local Bitcoin sellers. Once you locate a seller, you meet up in-person and conduct the trade. Mycelium charges absolutely no fees. While Mycelium Local Trader works great in highly-populated areas, users in low population areas will have trouble finding sellers.

Pros
  • Easy and cheap way to buy bitcoins with cash
  • Private way to buy bitcoins, no personal information required beyond cellphone number
Cons
  • Users in sparsely populated areas will have trouble finding sellers
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Ease of Use
Average
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Privacy
High
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Speed
Fast
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Fees
Low
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Reputation
Trusted
limits icon
Limits
High
Buy Bitcoin

BitSquareBitSquare Buy Bitcoin

BitSquare is a decentralized Bitcoin exchange. They facilitate trade by escrowing bitcoins of both buyer and seller, to promote the successful conclusion of trades. It offers high privacy and security, and never controls its users funds.

Pros
  • The exchange never has control of your money
  • Usually requires some bitcoin for escrow, so not an option for first-time buyers
  • Works over TOR for increased privacy
  • Very low 0.0008 BTC flat fee
Cons
  • Currently low volume, so may be hard to purchase depending on buy amount or your location
  • 1 bitcoin trade limit, no limit on number of trades
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Ease of Use
Average
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Privacy
High
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Speed
Average
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Fees
Low
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Reputation
Trusted
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Limits
High
Buy Bitcoin

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Bitcoin & Cryptocurrency Trading in Norway


Bitcoin is legal in Norway and recognized by the Norwegian government, which classifies it as an asset.

Large companies in Norway have also taken a liking to Bitcoin, including Norwegian Air, which has said it'll be accepting Bitcoin payments for flights soon (from Norwegian citizens only).

They've even decided to create their own Norwegian Bitcoin exchange, called Norwegian Block Exchange (NBX).


The Norwegian government owned NBX exchange

Thanks to Norway's Bitcoin-friendly policy, it's easy to trade as long as you're okay with verifying your identity first.

Most popular Bitcoin exchanges that serve the rest of Europe are available to Norwegian residents, including Coinbase and Coinmama.

First, you should make sure you have a secure wallet like a Trezor or a Nano S from Ledger, two of the most popular and trusted hardware wallets on the market.

Centralized exchanges are vulnerable to an attack like regular banks - keeping your Bitcoin on an exchange is an easy way to lose them.


COMPARISON

ledger nano x folded

Ledger Nano X

  • SCREEN:
  • RELEASED: 2019
  • PRICE: $119
ledger nano s illustration

Ledger Nano S

  • SCREEN:
  • RELEASED: 2016
  • PRICE: $59
trezor model T

TREZOR T

  • SCREEN:
  • RELEASED: 2018
  • PRICE: $159
Trezor One

TREZOR One

  • SCREEN:
  • RELEASED: 2013
  • PRICE: $59

Don't leave your Bitcoin's security to chance - storing it offline is the safest way to make sure nobody can take your coins.

Next, sign up with one of the Bitcoin exchanges listed above, making sure to verify your identity if necessary. From there, it's just a matter of connecting your supported payment type and buying Bitcoin.

Another way to buy Bitcoins in Norway 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. You can locate Bitcoin ATMs in Norway using our Bitcoin ATM Map.


bitcoin atm map


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Top Bitcoin & Cryptocurrency Exchanges in Norway


Norway has access to many large Bitcoin and cryptocurrency exchanges.

Have a look at our favorites below:

  • Popular Exchanges to Buy Bitcoin & Crypto in Norway
  • 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
  • eToro
    • Supports Bitcoin, Ethereum & 15 other coins
    • Start trading fast; high limits
    • Your capital is at risk.

    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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Best Bitcoin Wallets for Norway



There are three main types of Bitcoin wallet and all of them are supported in Norway:

Best for Security

ledger nano x

Ledger Nano X

Secure storage for any cryptocurrency

Visit Website

The 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 logo

Atomic Wallet

Best for storing crypto for short period of time

Learn More

Atomic wallet is a multicurrency mobile wallet with a beautiful interface and easy to use features.

Best for Desktop

electrum logo

Electrum

Simple yet powerful desktop wallet

Learn More

Electrum is a Bitcoin-only wallet that has been around since 2011. It's easy to use, but has advanced features.


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Exchange Hacks and Crypto Scams in Norway


Bitcoin Norway SIM Swap Attack

On July 3rd, 2019, the cryptocurrency exchange Bitcoin Norway notified customers that they had stopped all trading activity while they reviewed each account for "quality testing" and would begin payouts the following week.


Bitcoins norway home page
The homepage message that customers saw the day operations ceased

According to Nordic publication E24, Bitcoins Norway made another announcement the following Monday. It informed its customers that they would be focibly selling their funds at a 'significantly lower rate' due to an attack on their Bitcoin supplier Alphapoint.

AlphaPoint CEO Igor Telyatnikov relayed the following response:

AlphaPoint reported to Bitcoins Norway on May 1, 2019 that a security incident had occurred...There are a number of...clarifications ...to the Bitcoins Norway report.

There was no hack of the AlphaPoint software or technology. Rather, attackers gained access through a SIM swap enabled by exploiting a vulnerability in a telecom carrier, and sophisticated spear-phishing techniques which compromised sensitive credentials....AlphaPoint immediately notified Bitcoins Norway of the security incident, and provided as much information as it could without jeopardizing the investigation.

On July 1, 2019, Bitcoins Norway made the decision to announce that it would sell end users cryptocurrency. AlphaPoint did not participate in that decision. AlphaPoint assured Bitcoins Norway that AlphaPoint would compensate Bitcoins Norway, which we are doing. We stand by our customers.

Igor TelyatnikovIgor Telyatnikov CEO, AlphaPoint

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Bitcoin Mining in Norway


Profitably mining Bitcoin in Norway is not a good idea considering their cost of electricity is around NOK 1.09 (almost $0.10 US).


Euro cents per kw hour in Norway

Electricity cost and the price of Bitcoin are the two leading factors that determine Bitcoin mining profitability, not considering the startup cost of buying ASIC mining hardware, a space to set up, etc.

While their electricity is cheaper than that of the United States, it's still too expensive to turn a profit with the current price of Bitcoin.

If you want Bitcoin, mining is not the fastest, cheapest, or most straightforward way - instead, buying Bitcoin from one of the exchanges is far quicker.

Bitcoin has fallen far from its golden age of mining. If you want to calculate your profitability mining in Norway, you can use our Bitcoin mining profitability calculator.

There used to be a subsidy for cryptocurrency miners in terms of tax cuts on power purchases, but these ended in 2018.


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FAQ


Does Coinbase work in Norway?

Citizens of Norway 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 Norway?

There is only one Bitcoin ATM in Norway, and it is located in the Babylon Damp in Kristiansand. It only supports buying, so if you are looking to sell, you'll need to use and exchange or localbitcoins.com


bitcoin atm map

What is the price of Bitcoin in Norway?

The current price of Bitcoin in Norway is NOK 103,716, however this amount changes every minute, so always check the value on your local exchange.


bitcoin price ticker

Does Norway subsidize electricity for bitcoin mining?

The Norwegian government used to offer cryptocurrency miners a subsidy on the taxes they paid for electrcitiy, however that subsidy ended in November of 2018.



How do I cash out of Bitcoin in Norway?

Any exchange with a NOK trading pair will allow you to sell your Bitcoin for fiat currency. Paymium has NOK trading pairs for many popular coins.

As mentioned previously, you can also use automated teller machines (ATMs) to buy Bitcoin. Find them using our Bitcoin ATM Map.

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.


localbitcoins offers

You could also use a service like eGifter to sell your Bitcoin for gift cards.