Best Fiat-to-Crypto Exchange

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, 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, 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, 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.

Crypto.com is a prominent player in the cryptocurrency world, offering a comprehensive suite of financial services centered around digital assets. Founded in 2016, the platform has grown rapidly, boasting a user base of over 100 million by mid-2024.

Crypto.com provides a user-friendly app for buying, selling, and trading around 400 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and many altcoins. Beyond its exchange services, Crypto.com offers a non-custodial DeFi wallet, an NFT marketplace, and even a direct payment service for cryptocurrency transactions.

One of Crypto.com's most recognizable features is its Visa card, which allows users to earn cashback in CRO, the platform's native token, on their everyday spending. The card comes in various tiers, each offering different levels of rewards and perks, such as rebates on streaming subscriptions and airport lounge access.

Crypto.com also takes security seriously. It holds all customer assets deposited on our platform in institutional-grade reserve accounts on a 1:1 basis. Users’ accounts are protected by the latest security advancements, including Passkeys, HSMs, and FIDO2, as well as MFA methods like passwords, biometrics, and authenticator codes.

It also runs an active bug bounty program on Hacker One, where people can disclose security vulnerabilities on the platform and get rewards.

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.

Gemini is a prominent cryptocurrency exchange established in 2014 by Cameron and Tyler Winklevoss with its headquarters in New York. It caters to both novice and experienced traders, offering a secure and user-friendly platform for buying, selling, and storing digital assets.

Currently, Gemini supports around 70 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), and some meme coins like Shiba Inu (SHIB) and Pepe (PEPE). While this list is relatively limited to other big names in the market, it still allows users to diversify their portfolios and explore other investment opportunities.

The platform is known for its user-friendly interface, making it easy for newcomers to buy, sell, and manage cryptocurrencies. For more experienced users, Gemini provides ActiveTrader, a platform with advanced charting tools, multiple order types, and faster order execution.

Another notable feature is Gemini Earn, which allows users to earn interest on their cryptocurrency holdings. Security is also a cornerstone of Gemini's operations. The exchange implements robust measures to protect user assets and data, including:

• Cold Storage: The majority of user funds are stored in offline, air-gapped cold storage systems, safeguarding them from online threats.
• Two-Factor Authentication (2FA): Users are required to enable 2FA, adding an extra layer of security to account access.
• SOC Certifications: Gemini has achieved SOC 1 Type 2 and SOC 2 Type 2 certifications, demonstrating its commitment to industry-leading security standards.
• Insurance Coverage: Digital assets held in Gemini's hot wallet are insured against security breaches and fraudulent transfers.

All in all, Gemini stands out as a reliable and secure cryptocurrency exchange, offering a comprehensive suite of features tailored to meet the needs of a diverse user base.

Robinhood is a popular commission-free investment platform that gained widespread recognition for democratizing access to financial markets. Initially known for its user-friendly mobile app and commission-free stock trading, Robinhood has expanded its offerings to include options trading, exchange-traded funds (ETFs), and cryptocurrencies.

The platform's intuitive interface and simplified trading experience have attracted a younger generation of investors, making it easier for them to start investing with smaller amounts of capital. Robinhood's appeal lies in its ease of use, particularly for beginners who might find traditional brokerage platforms intimidating.

While Robinhood offers access to a growing number of cryptocurrencies, its selection is generally smaller compared to dedicated crypto exchanges at around 40 assets.

Despite that, Robinhood takes security seriously. It holds the majority of users' coins in cold storage, entirely disconnected from the internet. Robinhood also carries crime insurance that protects a portion of the assets held across its storage systems against losses from theft, including cybersecurity breaches.

The platform also provides multi-factor authentication on all accounts, so users can protect their assets even further. Last but not least, Robinhood maintains strong US regulatory compliance, holding licenses from the New York State Department of Financial Services and FinCEN.