How to Buy Bitcoin Croatia – Beginner’s Guide

The process of buying Bitcoin in Croatia is straightforward. It involves finding a reputable crypto broker, depositing funds, and making an investment into Bitcoin.

However, for those new to the crypto market, the prospect of buying Bitcoin for the first time might be a bit overwhelming.

To help clear the confusion, we have put together a guide on how to buy Bitcoin in Croatia with low fees – step-by-step.

That’s it – by following these four simple steps, anyone can buy Bitcoin in Croatia via eToro.

Where to Buy Bitcoin in Croatia 

To find the best crypto providers in Croatia, individuals should spend time researching the ins and outs of each platform.

To help save some time, below, we have included a selection of top Bitcoin brokers that meet a number of minimum requirements – such as competitive fees, support for multiple payment methods, and strong security.

So, when thinking about where to buy Bitcoin in Croatia – investors can turn to one of the following crypto providers.

1. eToro – Overall Best Place to Buy Bitcoin in Croatia

eToro is a top online broker that gives its users access to a full suite of assets. On top of stocks, ETFs, commodities, and indices, the platform also lists over 70 digital assets. Investors can buy Bitcoin, Ethereum, Litecoin, Compound, Sandbox, and a wide variety of other digital assets via this broker.

As we outlined above, the onboarding process is very easy on eToro. Users have access to several payment methods and can add funds with a debit/credit card, bank transfer, or an e-wallet like PayPal. The minimum deposit stipulated by the broker is $50 for residents of Croatia, which comes to around 360 HRK.

In terms of fees, eToro charges a flat commission of 1% for all cryptocurrency transactions. Moreover, the platform charges just 0.5% in deposit fees. This is an FX fee that eToro applies for converting Croatian kuna to US dollars.

Plus, the minimum crypto investment at eToro is just $10 – or around 72 HRK. This means that individuals can enter the Bitcoin investment scene without having to risk large amounts. Once the investment is made, eToro holds the Bitcoin in its in-built wallet, so investors do not need to worry about a separate storage option.

Another revolutionary feature of eToro is its Copy Trading tool – which gives users the chance to mirror the trades of successful investors and create like-for-like portfolios. For those looking to diversify their crypto investments, eToro also features a range of Smart Portfolios.

These contain a large collection of altcoins at various weights, regularly balanced and maintained by the eToro team. Beginners can also take advantage of eToro’s demo account to practice trading with paper money. When it comes to security, investors will be pleased to know that eToro is a heavily regulated entity. It holds several licenses – including the SEC, FCA, ASIC, and CySEC.

Cryptoassets are a highly volatile unregulated investment product.

2. Crypto.com – Earn Up to 6% APY on Bitcoin

Crypto.com offers an extensive list of tradable assets for investors in Croatia. This leading crypto exchange in Croatia supports over 250 cryptocurrencies, including Bitcoin, as well as popular altcoins, and many DeFi tokens. The exchange has also launched its own digital coin, CRO, which has several utilities within the Crypto.com ecosystem.

For one, those who hold CRO tokens can boost their earnings from Crypto.com’s Bitcoin interest accounts. This allows holders to generate up to 6% APY on their BTC tokens. These interest accounts are also available for stablecoins and altcoins – offering up to 14.5% APY.

Similarly, Crypto.com also offers discounted fees for CRO holders. Typically, users will have to pay up to 0.40% as a trading commission to buy BTC in Croatia. In order to reduce this fee, customers of Crypto.com can stake their CRO coins and receive rebates in proportion to their deposit.

Apart from trading and staking, Crypto.com also allows users to buy Bitcoin in Croatia directly with fiat currencies. For this, the platform charges 2.99% for credit/debit card payments. Bank transfers are processed for free, however, customers will need to wait a few days for the funds to appear in their account.

Another attraction of Crypto.com is its DeFi wallet, which serves as non-custodial storage for Bitcoin and altcoins. The platform also offers other useful services such as crypto loans, Visa cards, and an NFT marketplace. Additionally, Crypto.com features an OTC portal for users who prefer to trade Bitcoin in large volumes.

Cryptoassets are a highly volatile unregulated investment product.

3. Bitstamp – Top Crypto Platform for Trading Bitcoin

Bitstamp features an uncomplicated, user-friendly platform that makes it easy to invest in Bitcoin in Croatia. The exchange was launched in 2011 and as one of the oldest providers in the space, holds a solid reputation in the crypto industry.

Like most other providers on our list, Bitstamp also offers numerous ways to buy Bitcoin. The platform facilitates instant purchases of Bitcoin via a debit/credit card – however, with an exorbitant fee of 5%. As with Crypto.com, bank transfers are fee-free, but with a similar waiting period of 1-3 days.

The alternative is to exchange another crypto for Bitcoin through Bitstamp’s trading platform. For this, the provider has set up three different platforms – the Bitstamp web version, Tradeview, and a proprietary mobile app. Among these, the Tradeview platform is the most advanced as it comes with order books and a high-performance matching engine.

In comparison, Bitstamp’s in-built trading platform is more intuitive and accessible to beginners. Bitstamp charges a trading fee of up to 0.5%. Moreover, the platform follows a volume-based fee structure – meaning those who trade actively will be able to benefit from a lower commission. Bitstamp also has staking services, however, the options here are limited here.

At the time of writing, it is possible to stake only Ethereum 2.0 and Algorand on this platform. Bitstamp is also preferred by investors for the top-notch security it offers. The provider has partnered with BitGo for the storage of clients’ funds and insurance coverage.

Cryptoassets are a highly volatile unregulated investment product.

4. Coinbase – Great Bitcoin Exchange for Beginners

Coinbase is the next platform to consider for users looking to buy Bitcoin in Croatia. This globally-renowned crypto exchange is home to over 98 million customers. It is headquartered in the US and operates in over 100 countries across the world.

Using Coinbase, investors can easily buy Bitcoin in Croatia from the comfort of their homes. The platform accepts payments via debit/credit card and bank transfer. Apart from Bitcoin, Coinbase also supports over 170 other digital assets.

Coinbase is also highly preferred by beginners for the wealth of resources it offers. Novices can take crypto courses via Coinbase and earn rewards that are paid in digital currencies. Moreover, it also supports staking, crypto lending, and even issues Visa cards for users to spend their digital assets.

Coinbase also features a non-custodial wallet, which gives its users full control of their private keys. This means that investors can HODL their Bitcoin in this wallet safely. Furthermore, the platform offers institutional-grade security, and stores 98% of the clients’ funds in cold wallets.

That being said, the main drawback of this exchange is that users will have to pay a high commission of 3.99% on debit/credit card payments. The platform also supports the trading of Bitcoin and other cryptocurrencies- albeit, the fees for this come to 1.49% per slide.

In comparison, eToro and Crypto.com are much cheaper platforms to buy Bitcoin in Croatia, especially when considering that they offer excellent security and similar features.

Cryptoassets are a highly volatile unregulated investment product.

5. Binance – Large Crypto Exchange With Low Trading Fees

Like Coinbase, Binance is also a well-established global cryptocurrency platform. In particular, this is the world’s largest crypto exchange in terms of trading volume. It facilitates over $10 billion worth of transactions per day and supports over 600 digital assets.

Put simply, this platform is highly suited for those who wish to trade Bitcoin in Croatia. This is because Binance charges a commission of just 0.10% for Bitcoin trades. Moreover, individuals can get a discount on this trading fee by investing in BNB tokens, the native digital currency of Binance.

Additionally, Binance also rewards those who trade higher volumes with lower fees. That said, Binance also caters to those wishing to buy Bitcoin in Croatia directly with fiat currency. The platform provides access to multiple methods for this, including debit/credit cards and a P2P marketplace.

On Binance, the fees for direct Bitcoin purchases differ depending on the chosen mode of payment. Typically debit/credit card payments are charged at up to 2%. However, users might also have to pay additional third-party charges. Binance also offers a wide variety of crypto-related services such as staking, lending, an NFT marketplace, and Visa cards.

Cryptoassets are a highly volatile unregulated investment product.

6. Bitcoin Store.hr – Buy Bitcoin in Croatia via a Physical Store 

Bitcoin Store.hr is the first cryptocurrency provider in Europe to set up a physical exchange for digital assets. This platform has branches in different parts of Croatia – including Zagreb, Rijeka, and Split. This means that investors can simply visit one of these stored and buy Bitcoin in Croatia with cash.

In addition to this, Bitcoin Store.hr offers online exchange services. The platform accepts common payment methods such as a credit/debit card and bank transfer, as well as via Wise and Revolut. Moreover, Bitcoin Store.hr does not charge any commissions directly for buying and selling Bitcoin.

Instead, the platform’s exchange rate for Bitcoin and other digital currencies varies by 1-5% when compared to other crypto providers. In other words, the commission is built into the price of crypto. Furthermore, there is no deposit fee for Croatian kuna, but users will have to cover the exchange rate when withdrawing money.

Apart from Bitcoin, this Croatian exchange supports over 130 other cryptocurrencies. Additionally, verified users on the platform also get access to a custodial wallet for storing digital assets as well as euros and Croatian kuna. It also offers in-person consultation services to those who are new to Bitcoin investments via its exchange stores.

7. Bit2Me – Deposit Bitcoin to Earn Interest

Bit2Me is another top provider that facilitates easy Bitcoin investments. The platform allows users to buy Bitcoin in Croatia with a credit/debit card or bank transfer. It supports over 130 digital assets and fiat currencies such as euros.

The platform also comes with an advanced platform for those who prefer to trade Bitcoin. The standard trading commission charged by this platform is 0.95%.

On top of this, users will also be charged a deposit fee of 1.99% for debit/credit card transactions. Bit2Me has also launched its own digital token – the B2M coin. Like Crypto.com, this native token can be used to unlock additional rewards on the platform.

For instance, Bit2Me offers crypto staking, allowing users to earn up to 4.5% on Bitcoin deposits. But, with B2M, investors will be able to increase their returns by an extra 2%, bringing the total APY on Bitcoin to 6.5%

Should I Buy Bitcoin?

Whether or not Bitcoin is a good investment depends on each individual’s perception of this digital asset. For many investors, Bitcoin is one of the best asset classes of the decade. After all, it has generated significant returns over the past few years.

On the other hand, others might find Bitcoin to be too risky – due to its notoriously volatile nature. Therefore, before making an investment decision, all individuals should do their due diligence.

That being said, there is no need to stake large amounts of money to gain exposure to this market. With brokers such as eToro, individuals can buy Bitcoin in Croatia with just $10 (72 HRK).

This means that investors can capitalize on the growth of Bitcoin, without having to take too much risk.

Benefits of Buying Bitcoin

To offer some clarity about the future prospects of Bitcoin, below, we discuss some of the advantages of investing in this digital asset.

Top Performing Asset 

After reaching an all-time high price of over $68,000 in November 2021, Bitcoin became the best-performing asset class in the last ten years.

If we were to look at the price history of the asset, the journey of Bitcoin is nothing but astonishing.

• Bitcoin was launched in 2009, with practically no value at all.
• During the first few years, the price of Bitcoin barely moved in the market.
• By 2016, Bitcoin started gaining attraction from crypto enthusiasts.
• Since then, the cryptocurrency has seen its value grow exponentially.
• In other words, those who invested in Bitcoin early will be looking at a significant amount of profit – had they held on to their coins.

Although Bitcoin is experiencing some market volatility at the moment, it is impossible to neglect the fact that the token has generated returns of nearly 900% over the past five years.

Low Entry Point in 2022

One of the first questions that trouble most investors is when to buy Bitcoin to maximize profits. With the price of Bitcoin fluctuating almost every second, this can be a tough call to make.

However, when looking at the bigger picture, Bitcoin has gone through a bearish market over the past few months. For instance, since its all-time-high back in November 2021 – the value of Bitcoin has plunged dramatically.

At the time of writing, Bitcoin is trading at around $22,000 – which translates to a drop of nearly 70%. For those who believe in the future potential of Bitcoin, this might be an ideal time to invest in BTC coins.

After all, why pay $68,000 per Bitcoin when a 70% discount is on offer?

Portfolio Diversifier

Some investors also turn to Bitcoin because they think of it as an asset uncorrelated with traditional securities such as stocks.

In this regard, Bitcoin is widely considered an investment for portfolio diversification. However, Bitcoin’s price fluctuates constantly – from one second to another.

As such, experts argue that it is best to allocate a lower portfolio allocation to Bitcoin. This can help investors gain exposure to the market without taking too much risk. Additionally, investors can also choose to diversify within the crypto market.

This can be done by investing in multiple altcoins via a broker such as eToro.

Since this platform accepts stakes from $10, users can invest in 10 different crypto projects with just $100 (around 720 HRK). Moreover, eToro also features products such as Smart Portfolios that allow its customers to diversify with one click.

Worldwide Adoption 

Another factor that makes Bitcoin an attractive asset class is the recognition it receives on a global scale.

• In 2021, Tesla, the company headed by crypto enthusiast Elon Musk, announced that it purchases a total of $1.5 billion worth of Bitcoin.
• Similarly, platforms such as Microsoft, Overstock, and several others have also started accepting Bitcoin as payment for their products and services.
• Moreover, exchanges like Crypto.com offer a Visa card that allows investors to spend Bitcoin online.

All these indicate the fact that Bitcoin is gaining popularity – which might lead to significant growth in its value over the years.

Limited Supply 

For those unaware, Bitcoin’s supply has a limit of 21 million coins. Put otherwise, after the 21 million cap is reached, there will be no new Bitcoins arriving on the market.

From an economic point of view, this can lead to a scarcity of BTC tokens.

In simple terms, as the supply of Bitcoin goes down, the price of BTC tokens will, in theory at least – increase. This is, of course, assuming that Bitcoin remains an in-demand asset.

If and when that happens, those who hold Bitcoin will have an advantage in the market.

Ways of Buying Bitcoin

As we discussed, the best crypto exchanges of today offer multiple ways for users to buy Bitcoin.

This involves conventional methods such as bank and wire transfers, or credit/debit cards and e-wallets.

Let us take a closer look at how one can buy Bitcoin instantly in Croatia.

Buying Bitcoin With PayPal

PayPal, the popular global payment system, has integrated cryptocurrency exchange services on its platform. However, this feature is not yet available for residents of Croatia. But there is a way to get around this.

Brokers such as eToro allow users to fund their account with PayPal. This means that investors can buy Bitcoin with PayPal easily and effortlessly.

• To do this, users can choose PayPal on the funding page of eToro and proceed to log in to their e-wallet account.
• Then, it is only a matter of verifying the transaction and making the payment.
• At this stage, the funds will be transferred to eToro instantly.
• Users can then proceed to buy Bitcoin directly via eToro.

The deposit fee to buy Bitcoin via PayPal is only 0.5% when depositing Croatian kuna.

eToro also accepts funding via other third-party payment systems like Neteller and Skrill.

Buy Bitcoin With Credit Card or Debit Card

As with PayPal, debit and credit cards are also commonly used to buy Bitcoin instantly. However, the majority of exchanges charge a hefty fee for this payment method.

In comparison, we found eToro to be the cheapest option to buy Bitcoin with a credit card – charging just 0.5%.

Users simply have to enter their credit card information when funding their account and the payment will be processed right away.

Bitcoin Price

As we noted earlier, Bitcoin has gone through several rallies and crashes since 2009. Up until 2015, the price of Bitcoin did not advance much in the market. However, between 2017 and 2020, Bitcoin saw its value go up by over 650%.

Since the beginning of 2020, Bitcoin was on a bullish ride – albeit, with short-term volatility.

In fact, in a matter of just two years, the value of Bitcoin attained an increase of nearly 1,000%. This outpaced the growth of global indices such as the S&P 500 and FTSE 100.

However, Bitcoin’s price has retracted significantly from its all-time highs. At the time of writing, this market-leading digital currency is trading at just over $22,000. On the flip side, this represents a great opportunity to buy the dip.

Bitcoin Price Prediction

There are several factors that determine the price of a cryptocurrency. For instance, the value of Bitcoin alters based on the supply and demand in the market.

In addition to this, Bitcoin will also be affected by cryptocurrency regulations and the level of adoption of the digital asset.

• Given these factors, it is nearly impossible to accurately predict the future price direction of Bitcoin, or any other cryptocurrency for that matter.
• That being said, there are several commentators that propose that Bitcoin will eventually regain its upward momentum, and reach $100,000 by the end of 2022.

However, investors are advised not to pay too much heed to Bitcoin price predictions.

Rather, dedicate time to understanding how the crypto market works, and make an investment based on independent research. As always, it is crucial to be fully aware of the risks and rewards associated with the Bitcoin market.

How to Buy Bitcoin Safely

When buying Bitcoin, individuals should adopt safe practices to ensure the security of the investment.

Below, we outline some of the most important points to bear in mind before deciding to buy Bitcoin in Croatia.

• Choose a secure broker: The crypto space is filled with scammers. Therefore, it is always best to choose a regulated broker such as eToro that does things by the book. This platform is licensed by multiple bodies – including the SEC and CySEC.
• Invest small amounts: The golden rule of investing in the crypto markets is that individuals should only risk what they can afford to lose. In other words, beginners should tread carefully by only investing small amounts. With brokers like eToro, users can start purchasing Bitcoin with just 70 HRK.
• Store Bitcoin safely: Once the investment is made, users should also think of where they are going to store the BTC tokens. It is best to leave the tokens in a non-custodial wallet, which gives full control over the coins. However, this can be complex for newbies. Instead, consider using the in-built custodial wallet offered by the likes of eToro. This will make it easy to cash out the investment when the time arises.

Bear in mind that regardless of taking the required security measures, Bitcoin itself comes with high risk. This is the inherent nature of cryptocurrencies as a volatile and speculative asset.

However, using a regulated broker and diversifying each investment can help reduce the risk exposure.

How to Buy Bitcoin in Croatia – Tutorial

In this section, we offer a step-by-step breakdown of how to buy Bitcoin in Croatia with the regulated and low-cost broker, eToro.

Step 1: Open a Free Account at eToro

Go to the eToro home page and click on the ‘Join Now’ button to open a brokerage account.

New users will be prompted to fill out a simple form – providing an email address, username, and password.

In the next stage, users will have to provide their basic personal information. This includes a first and last name, residential address, and contact details.

Step 2: Upload ID

Another requirement of this regulated crypto broker is that all of its users must verify their identity. For this, eToro requests a copy of the passport or driver’s license from its customers.

Additionally, the platform also needs proof of address from each client. This can be a copy of a bank account statement or utility bill issued within the prior three months.

eToro only needs a few minutes to verify these documents.

Step 3: Deposit Funds

After creating the account, users will have to fund it before they can buy Bitcoin in Croatia. Funding can be done by linking eToro to a personal bank account, or by making a money transfer with a debit/credit card.

eToro also accepts funding via e-wallets such as PayPal, Neteller, and Skrill.

As we pointed out earlier, eToro requires a minimum deposit of $50 from users in Croatia – which comes to around 360 HRK.

Step 4: Find Bitcoin

Next, users can locate the search bar on top of eToro’s dashboard to find Bitcoin.

Simply click on the ‘Trade’ button to proceed. 

Step 5: Buy Crypto 

In our example, we are looking to invest $10 in Bitcoin – which is the minimum stake required for cryptocurrencies on eToro.

As seen in the image above, users only have to specify the investment amount.

To finalize the order, click on the ‘Open Trade’ button. eToro will immediately process the trade and add the BTC coins to the customer’s portfolio.

How to Sell Bitcoin

After successfully investing, investors should also consider how to sell Bitcoin when the time comes.

Here is a quick explanation of how investors can cash out their BTC tokens with a broker such as eToro.

• Sign in to the crypto exchange account.
• Go to the portfolio section of the account.
• Find the Bitcoin investment that needs to be closed.
• Click on the ‘Settings’ button and close the trade.

The sell order will be processed instantly and the proceeds will be added to the account balance.

Individuals can choose to store the money within their account to reinvest into other cryptocurrencies, or make a withdrawal to the original payment method.

Conclusion

More and more people in Croatia are looking to buy Bitcoin these days. For those interested in the crypto market, the best strategy is to keep stakes modest and mitigate the risk by diversifying.

Of course, the most important step is to find a suitable broker that can facilitate a secure Bitcoin purchase.

eToro is our top pick when it comes to choosing the best crypto exchanges in Croatia. It offers low-cost crypto investments and allows users to buy Bitcoin from just $10 or around 72 HRK.

Cryptoassets are a highly volatile unregulated investment product.

FAQs