Best Fiat to Crypto Exchange

Best Fiat to Crypto Exchange

Robert McDougall 

January 8, 2024


Buying and selling cryptocurrencies with fiat assets has become quite easy, thanks to the increasing number of crypto exchanges. But not every crypto exchange is as reliable, safe, diversified, and secure as you might think – there are scams, complications, and risks involved. You need to find the best fiat to crypto exchanges that offer a variety of deposit and withdrawal options, several trading markets, security, feasibility, and safety.

To make things easier for you, we present the top four best fiat to crypto exchanges:

#1. Uphold

#2. eToro

#4. Kraken

What is a Fiat to Crypto exchange?

A fiat to crypto exchange is an exchange that allows users to deposit and withdraw fiat currencies rather than restricting them to make direct deposits or purchases only. For instance, dedicated and advanced crypto exchanges like KuCoin and Bybit do not allow their users to withdraw fiat currencies to their bank accounts. You can certainly buy digital assets with fiat, but it is not possible to withdraw fiat with those exchanges. But with the crypto exchanges in this article, you can deposit or buy a variety of digital assets with fiat currencies and also withdraw your fiat to your bank account.

This whole scenario makes it easier for users to withdraw their profits or funds anytime they want in the form of fiat. Of course, users can always hop back in by making a crypto purchase through the available fiat methods.

What should I look for in a Fiat to Crypto exchange?

First of all, you should check the number of fiat currencies the exchange supports and if your local fiat currency is available. You should also consider the offered payment methods for deposits and withdrawals and see if they are convenient for you to use. The availability of basic features like security, diversity, and trustworthiness should also be your priority.

Top 4 Fiat to crypto exchanges

1. Uphold

Uphold is a global trading platform that allows users to trade cryptocurrencies, stocks, assets, and precious metals. It is currently available in more than 150 countries, with over 10 million registered users. Uphold offers pretty much everything there is in a single place. You can trade more than 125 cryptocurrencies on the platform, trade 50+ US major stocks, explore precious metals, or trade with leverage by taking the risk while getting a better reward. Uphold also brings the latest innovative trading features like automated trading, which helps traders to trade on a given algorithm. You can trade 24/7 without having to spend hours in front of your computer.

With Uphold, you can purchase cryptocurrencies, stocks, or metals through your credit or debit card or deposit fiat currencies directly through your local bank. Uphold currently supports USD, EUR, and GBP transfers, and they might expand the list in the future. You can withdraw the funds directly to your bank account by trading your assets for fiat currencies.

Uphold Disclaimer: Assets available on Uphold are different per region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection.

2. eToro

eToro is one of the most popular cryptocurrency exchanges, with more than 25 million users in around 100 countries. It offers a variety of services. Aside from enabling users to trade crypto assets, eToro also allows CFD trading, where you can diversify with ease, apply leverage, and explore countless assets, including forex and commodities. eToro supports around 110 cryptocurrencies, including BTC, ETH, DOGE, SHIB, and many popular coins that you can buy, sell, and trade.

eToro provides a wide variety of payment options. You can purchase cryptocurrencies by depositing fiat currencies through debit cards, bank transfers, wire transfers, Paypal, Unionpay, Skrill, and countless other e-wallets. eToro also supports a considerable number of fiat assets, including USD, EUR, GBP, NOK, AUD, PLN, CZK, and more. Each country or jurisdiction comes with its own payment methods that you can use to deposit and withdraw fiat to your account. With features like a demo account, professional account, copy trading, bot trading, low fees, and educational content, you will certainly enjoy your experience at eToro.

eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. "Virtual currencies are highly volatile. Your capital is at risk."


If security, safety, and trustworthiness are among your main concerns when opting for a crypto exchange, then can be the best fit for you. Considered to be the leader in certifications, regulatory compliances, reserves proofs, and trustworthiness, is a safe and secure exchange that is growing quickly. Its platform and mobile app have over 70 million registered users worldwide. allows users to buy or sell cryptocurrencies, trade them professionally on the exchange, earn interest through them, or get credit by providing collateral. You can also trade derivatives or trade with leverage to enhance your trading experience. With a DeFi wallet and unrestricted access to NFTs, you can also explore a whole new world of web 3.0.

The platform supports 20+ fiat assets, including USD, EUR, AUD, CAD, and GBP. You can top up your account with countless payment options that are available based on your jurisdiction. You can make direct deposits through a bank or a credit/debit card or use dedicated methods that are only available in your country. The same scenario goes for withdrawals, as you can withdraw fiat currencies directly to your bank by the provided means.

4. Kraken

Kraken is a beginner-friendly crypto exchange that is available in more than 190 countries. More than 185 cryptocurrencies are offered on the platform that users can buy, sell, and trade with ease. Kraken is popular for its simplicity, availability of educational content, and premium customer support. Besides crypto trading on the platform, you can also stake your digital assets and earn interest on them.

With payment options like ACH banking, credit/debit cards, and e-wallets, you can instantly top up your account and buy any crypto asset you want. Kraken also supports a number of fiat assets which include USD, EUR, GBP, CHF, JPY, and AED. To withdraw fiat currencies from Kraken, the platform offers a variety of options depending on the fiat currency you are withdrawing. You can use SWIFT, FedWire, Signet, SEPA, and direct wire transfers to cash your funds out of the platform.


You can go with any of these best fiat to crypto exchanges depending on their availability in your country, security levels, diversity within the cryptocurrencies, available payment methods, and supported fiat assets. It is also a good idea to opt for beginner-friendly exchanges if you are just starting out in the crypto industry. Rest assured, the aforementioned fiat to crypto exchanges will work in all circumstances, and you will be able to deposit and withdraw fiat with ease.

Frequently Asked Questions

What are the best fiat-to-crypto exchanges in 2024?

eToro, Kraken, and Uphold are the best fiat-to-crypto exchanges in 2024. You should evaluate your preferences first and then see which of these exchanges offer a suitable variety of payment methods, fiat assets, and crypto assets.

What are fiat currencies?

Fiat currency is a currency that is backed by a commodity usually issued by governments to be a legal tender of a jurisdiction or a country. Examples include USD, EUR, GBP, AUD, and CAD.

Is it expensive to use fiat-to-crypto exchanges?

Most fiat-to-crypto exchanges offer free or low-cost deposits to users. But you might have to pay a certain percentage when converting fiat to cryptocurrencies. The same scenario applies when withdrawing fiat to your bank account by converting it from cryptocurrencies.


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