While the government does not recognise Bitcoin as a legal tender, it is legal to buy and sell cryptocurrency within Ireland. You can purchase cryptocurrency from regulated exchanges or directly from businesses that accept Bitcoin as a form of payment. Some of the more prominent exchanges servicing the Irish market include Bitget, KuCoin, Binance, and Exolix. These exchanges are vetted for compliance with anti-money laundering and counter-terrorism financing (AML/CTF) laws, strict know-your-customer (KYC) processes, and reporting obligations.

Best Crypto Wallets in Ireland offer support for debit and credit cards, so you can easily use your bank account to buy Bitcoin. However, you should keep in mind that buying cryptocurrencies with a card can incur additional fees when compared to a direct fiat transfer on an exchange. Additionally, some banks and card issuers may restrict or prohibit crypto purchases.

Best Crypto Wallets in Ireland: Safe Storage for Your Assets

Another way to buy Bitcoin in Ireland is by using a Bitcoin ATM. These machines are easy to find and allow users to deposit cash or other cryptocurrencies in order to buy BTC. Once the machine has processed a transaction, it will send the Bitcoin to your wallet. You can check this in your wallet app or online to see the status of your purchase.

Lastly, you can also buy BTC by trading on a crypto broker platform. These platforms provide advanced trading features for users who wish to speculate on the price of various cryptocurrencies. Some of the most popular brokers include Coinbase, a user-friendly platform that is ideal for new investors, and Binance, which offers a broad range of cryptocurrencies and advanced trading features.