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 Romania
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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
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eToro- Supports Bitcoin, Ethereum & 15 other coins
- Start trading fast; high limits
- Your capital is at risk.
We do not promote, endorse, or earn commissions from the trading of securities of any kind, including CFDs, however, eToro requires that we provide you with the following disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% 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.
Coinbase Popular 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.
- High liquidity and buying limits
- Easy way for newcomers to get bitcoins
- "Instant Buy" option available with debit card
- Purchases made with bank transfer can take up to 5 days to complete
- Coinbase may track how and where you spend your bitcoins
Coinmama Popular 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.
- Works in almost all countries
- Highest limits for buying bitcoins with a credit card
- Reliable and trusted broker
- Some of the highest fees among credit/debit card bitcoin brokers
eToro Popular 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.
Your capital is at risk. We do not promote, endorse, or earn commissions from the trading of securities of any kind, including CFDs, however, eToro requires that we provide you with the following disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% 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.
We may receive compensation when you use eToro. Please visit eToro for its exact pricing terms.
- Offers unique copy trading feature
- Trusted echange that has been active in traditional finance
- Interface is clean and easy to use
- You cannot deposit cryptocurrency, but you can deposit with other payment methods
CEX.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.
- Support for many countries and regions
- Low 0.2% trading fee
- Established and trusted exchange
- Verification process is extensive, requiring much personal information (including a photo) and incurring a long delay
- GBP market lacks liquidity
Bitpanda Popular 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.
- Some of the lowest fees for buying bitcoins with credit/debit card
- Reliable and trusted broker
- Fees aren't shown openly on the site but instead included in the buying price
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 Popular 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
Bitcoin Romania Buy Bitcoin
Bitcoin Romania is a Bitcoin brokerage. Customers can buy online via bank transfer or in-person by depositing cash at over 800 ZebraPay terminals across Romania.
They also operate a Bitcoin ATM in Bucharest, this method requires no identity verification .
- One of the most private ways to buy bitcoins in Romania
- Convenient way to purchase coins if you have a ZebraPay terminal near you
- 1% fee for online purchase is fair for the region
- 2.5% ATM fee is low for cash purchase
- 4% ZebraPay fee is reasonable for cash purchase
- Online purchase is not private; identity verification required
- Online purchase method requires proof of payment within an hour
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
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
Mycelium 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.
- Easy and cheap way to buy bitcoins with cash
- Private way to buy bitcoins, no personal information required beyond cellphone number
- Users in sparsely populated areas will have trouble finding sellers
BitSquare Popular 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.
- 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
- 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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Chapter 1
Bitcoin & Cryptocurrency Trading in Romania
Romania, like much of Eastern Europe, has seemed to embrace Bitcoin more than its European neighbors to the west. Perhaps that is because the economies of Eastern europe have tended to have a harder time achieving growth yet have a large group of dev talent within them.
Romania also houses a large group of libertarian minded people after having been subjected to the foreign influence of the USSR, even though they were technically never a formal Soviet state. Romanians are therefore independent and a very unique culture that contrasts from the rest of Eastern Europe. This might explain why Bitcoin is so beloved and support in Romania.
One of the easiest ways to buy Bitcoin in Romania is through cryptocurrency exchanges, outlined above. There are several exchanges offering Bitcoin in Romania, and you can easily select one based on your requirements and preferences using our guide. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before users select one.
Additionally, Bitcoin buyers need to keep in mind the fact that certain exchanges might require them to get a wallet of their own before they are able to buy the digital currency. Also, it is recommended to have a wallet of your own for security reasons, preferably a hardware wallet. If you don’t have a wallet, refer to our guide on the Best Bitcoin and Cryptocurrency Wallets to choose one.
COMPARISON
Another way to buy Bitcoins in Romania 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 Romania using our Bitcoin ATM Map.
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Chapter 2
Top Bitcoin & Cryptocurrency Exchanges in Romania
Romania has access to many large Bitcoin and cryptocurrency exchanges.
Have a look at our favorites below:
- Popular Exchanges to Buy Bitcoin & Crypto in Romania
- 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.
We do not promote, endorse, or earn commissions from the trading of securities of any kind, including CFDs, however, eToro requires that we provide you with the following disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% 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.
-
Chapter 3
Best Bitcoin Wallets for Romania
There are three main types of Bitcoin wallet and all of them are supported in Romania:
- 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 Romania
e-Commerce Crypto Scam
In June of 2020, a scammer named Vlad Nistor along with a litany of other defendents was arrested by over 100 Romanian police and secret service agents for running ecommerce and online auction fraud. The scam worked like this: the scammers would crate ads and auctions for products, and customers/bidders (most of whom were American) would buy the products with US dollars and the scammers would convert the funds to cryptocurrency in order to send it to foreign money launderers. In fact, this was Vlad Nistors role, as he would launder the money from the scams via his cryptocurrency exchange Coin Flux.
Once the money was received, the scammers would ghost the customer and never send them any product.
It was a simple, but effective scam that netted the scammers the equivalent of $34 million in crypto.
That is until they were arrested. The group pled guilty to the charges and are now facing long prison sentences.
As for Vlad himself, to the US to serve his time.
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Chapter 5
Bitcoin Mining in Romania
Mining Bitcoin is for tech-savvy people only, and considering mining profitability is way down from the golden age, it's probably not a good idea for most.
Mining profitability is determined primarily by electricity cost and the value of the Bitcoin awarded to your wallet. If the power costs are higher than the value of the Bitcoin entering your wallet, you'll lose money.
You don't have control over Bitcoin's price, but you can control the hash rate (mining power) of your mining hardware and the cost of your electricity.
If you want to maximize your odds of turning a profit (which are non-existent), you should buy hardware with the best hash rate/power consumption ratio. In other words, it can mine fast without drawing much electricity.
Given the current cost of electricity in Romania, mining Bitcoin is not profitable and should only be for fun/as a hobby. You can use our mining profitability calculator to figure your margins, given the cost of electricity in your area.
For those who want to acquire Bitcoin as quickly as possible, buying it from an exchange is your best bet.
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Chapter 6
FAQ
Does Coinbase work in Romania?
Citizens of Romania can convert, buy, and sell cryptocurrencies with fiat. Supported payment methods are:
- Bank Deposit
- PayPal
- Debit Card
- Credit Card
Where Can I Find a Bitcoin ATM in Romania?
Bitcoin ATMs are actually
What is the price of Bitcoin in Romania?
The current price of Bitcoin in Romania is RON 44,948, however this amount changes every minute, so always check the value on your local exchange.
What is Bitcoin Romania?
Bitcoin Romania is a Romanian cryptocurrency exchange that facilitates the exchange of Bitcoin and Ethereum. Users can pay with RON, and are required to verify their SSN, ID, and a working phone number to use the platform online.
However, Bitcoin Romania also supports private Bitcoin transactions via their Bitcoin ATM in Bucharest. It's easy to use and great for general trade.
Users can transfer in-person by depositing RON at more than 800 ZebraPay locations across Romania. Overall, Bitcoin Romania is one of the most private ways to buy Bitcoin in Romania, with reasonable fees.
How do I cash out of Bitcoin in Romania?
Any exchange with a RON trading pair will allow you to sell your Bitcoin for fiat currency. Bitcoin Romania has RON 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.
You could also use a service like eGifter to sell your Bitcoin for gift cards.
