How to buy cryptocurrencies like Bitcoin in Germany
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Which cryptocurrencies can I buy in Germany?
Generally, there are no limits in which cryptocurrencies you can buy in Germany. The following currencies are the ones with the highest market capitalization at the moment:
- Bitcoin (BTC)
- Ethereum (ATH)
- Binance Coin (BNB)
- Polkadot (DOT)
- Cardano (ADA)
- Tether (USDT)
- XRP (XRP)
- Litecoin (LTC)
- Chainlink (LINK)
- Bitcoin Cash (BCH)
Do I have to pay taxes when selling cryptocurrencies in Germany?
When trading cryptos privately, it is regarded as any other private trade, for example like selling your car. In a private trade in Germany, you only have to pay taxes on any profits you generate with that trade and only if you sell that item within one year of buying it. Read our overview on paying taxes on cryptocurrencies in Germany for more details.