5 Easy Ways to Buy Bitcoin In France 🇫🇷

By
• Published: January 19th, 2020
• Updated: October 1st, 2020

Bonjour friends from France!

You’re here because you want to buy Bitcoin in France. We’ve got you covered.

Bitcoin’s been out of the headlines in France for most of 2020, likely due to world events such as the Corona Virus.

In March, the French government ruled Bitcoin as a “money”, and therefore regulated in a similar way.

There are several exchanges to choose from in France and the rest of the European Union. Luckily, we’ve created this guide to help you sort through all of the options.

Some of the best options for France to purchase Bitcoin are:

Comparison

coinmama
 FeesEstablishedCountries 
 5.9%2013Nearly All 
kraken
 FeesEstablishedCountries 
 .16%-.26%2011Most 

Best Bitcoin Exchanges France

Based out of San Francisco, California, Coinbase is considered by many to be the most beginner-friendly exchange.

Coinbase is a brokerage, meaning that instead of buying Bitcoin and other cryptocurrencies from other users, you are buying directly from Coinbase. As far as fees go, Coinbase charges 3.99% on credit and debit purchases, and 1.49% on bank account purchases.

Due to the lower fees involved, it's recommended to use your bank account when making large purchases.

Watch our tutorial on how to sign up and buy cryptocurrency on Coinbase.

Visit Coinbase Read Review

 


Coinmama is another beginner-friendly cryptocurrency brokerage that focuses on credit and debit card purchases. They offer instant delivery and sell Bitcoin, Ethereum, Ripple, Litecoin, and more to 46 US States, and most countries.

Coinmama doesn’t provide its users with a wallet on the exchange. Instead, users are asked to provide a wallet address to send the purchased cryptocurrency to. As long as you have your own wallet, this shouldn’t be an issue!

Coinmama charges a fee of around 5% for credit and debit purchases with instant delivery and high purchasing limits of a max of $5,000 daily and $20,000 monthly.

Click here to see a step by step guide on how to purchase Bitcoin on Coinmama.

Visit Coinmama Read Review
 

Kraken is another popular exchange based in the United States that's been around since 2011. When it comes to currencies, Kraken supports dozens of cryptocurrencies and fiat currencies such as USD, GBP, and EUR.

Fees on the exchange can range from 0%-.26% depending on the type of order and your trading volume. For funding options, Kraken offers deposits in USD (FedWire), EUR (SEPA), and CAD(Wire & EFT).

Visit Kraken Read Review

LocalBitcoins offers a highly trustworthy escrow service and peer-to-peer (P2P) exchange.  On the exchange, users to trade among themselves by posting a quick buy or quick sell ad on the exchange platform. Fees and limits will depend on the offer or ad that you select.

Visit LocalBitcoins Read Review

 

Bitcoin ATMs

To learn more about Bitcoin ATMs, check out this map. According to CoinATMRadar, France has 7 Bitcoin ATMs, with 5 being in Paris, and 2 in Nice.

Bitcoin ATM

Frequently Asked Questions

How common is Bitcoin use in France?

Two great fundamental analysis indicators we can use are Bitcoin trends volume as well as LocalBitcoins trading volume.

According to Google Trends search data, the search behavior for Bitcoin in France is pretty consistent with price spikes.

Bitcoin Trends France

Do you pay tax on cryptocurrency gains in France?

Read this guide to learn more about cryptocurrency tax law in France. For some information about cryptocurrency tax software, check out our roundup review. There’s a pending amendment that will subject cryptocurrency gains to be taxed via capital gains, which is actually a step down from its current bracket. This will lead to a 6.2% reduction in tax! Not bad.

Is Bitcoin legal in France?

Bitcoin is definitely legal in France. In a March 2020 ruling, the French government ruled Bitcoin and cryptocurrency to be regulated in the same manner as foreign currencies. This is pretty consistent with other European countries such as Italy.

Conclusion

France has taken a similar stance to many other countries. Bitcoin is here to stay. To recap the best options for buying Bitcoin, we recommend:

Some of the best options for France to purchase Bitcoin are:

Austin Tuwiner Administrator
Austin is the owner of Bitpremier, and got involved in Bitcoin in 2012. After working as a cryptocurrency journalist and and at several blockchain startups, he decided to start Bitpremier and educate the world on Bitcoin.
follow me

No Comments Yet

shape shape shape shape shape shape shape