How to Buy Bitcoin on Trade Republic

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Trading cryptocurrencies has become increasingly accessible, and platforms like Trade Republic have made it easier than ever to invest in digital assets such as Bitcoin and Ethereum. As a German fintech broker with a banking license, Trade Republic offers a secure, user-friendly environment ideal for both beginners and intermediate investors.

This guide will walk you through everything you need to know about buying Bitcoin on Trade Republic — from account setup and transaction fees to wallet security, tax handling, and viable alternatives.

Why Trade Republic for Cryptocurrency Investing?

Trade Republic stands out in the crowded fintech space thanks to its low fees, intuitive app, and strong regulatory compliance. It’s fully regulated by Germany’s financial authority (BaFin), operates across Europe including Italy, and provides deposit protection up to €100,000 under the German deposit guarantee scheme.

The platform supports over 50 cryptocurrencies alongside stocks, ETFs, bonds, and derivatives — making it a one-stop investment solution. But what truly sets it apart is its seamless integration of crypto trading with automated tax reporting via Italy’s amministrato regime, effective from 2025.

👉 Start your crypto journey today with a trusted platform.

Understanding the Trade Republic Crypto Wallet

Trade Republic uses an internal custodial wallet managed by BitGo Europe GmbH, a regulated third-party custodian specializing in digital asset security. When you buy Bitcoin or any other cryptocurrency on Trade Republic, your assets are securely stored within this custodial system.

However, there's one key limitation: you cannot transfer crypto out of Trade Republic to external wallets or other exchanges. This means you don’t have full control over your private keys — a trade-off between convenience and autonomy.

While this may deter advanced users who prefer self-custody, it enhances safety for casual investors who want simplicity and peace of mind without managing complex wallet setups.

For those seeking full ownership and transfer flexibility, alternatives like decentralized exchanges or non-custodial platforms might be more suitable.

How to Buy Bitcoin on Trade Republic: Step-by-Step

Purchasing Bitcoin on Trade Republic is straightforward and can be done entirely through the mobile app or web interface. Here’s how:

  1. Open an Account: Download the Trade Republic app or visit the official site. Complete identity verification using your ID or passport.
  2. Deposit Funds: Link your bank account via free SEPA transfer using the IBAN provided by Trade Republic.
  3. Navigate to Crypto Section: Tap “Invest” > “Cryptocurrencies” and search for Bitcoin (BTC).
  4. Enter Investment Amount: You can invest as little as €1 — fractional purchases are supported.
  5. Confirm Purchase: Review the details and confirm. A flat fee of €1 applies per trade.

Your Bitcoin will appear instantly in your portfolio. No need to manage seed phrases or worry about cold storage — everything is handled securely by the platform.

👉 Discover how easy it is to start building your crypto portfolio.

Crypto Fees and Pricing on Trade Republic

One of Trade Republic’s biggest advantages is its transparent and competitive pricing structure:

Compared to competitors like Revolut (2.77%), Coinbase (4.81%), and Kraken (6.43%), Trade Republic offers some of the lowest total costs — around 1.03% per trade, according to their official data.

This makes it especially attractive for long-term investors using dollar-cost averaging (DCA) strategies through automated savings plans.

Savings Plans for Crypto: Invest Automatically

Trade Republic allows users to set up automatic crypto savings plans (Piano di Accumulo), enabling regular investments in Bitcoin, Ethereum, and other supported coins.

Key features:

These plans are perfect for disciplined investors who want to grow their holdings gradually without timing the market. By investing small amounts consistently, you reduce volatility risk — a strategy known as Dollar-Cost Averaging (DCA).

Since these transactions are commission-free, they offer even greater value compared to one-off trades.

Available Cryptocurrencies on Trade Republic

Trade Republic supports over 50 major digital assets, including:

Top Cryptos:

Additional Tokens:

The selection includes DeFi tokens, layer-2 solutions, metaverse projects, and more — regularly updated based on market demand and regulatory compliance.

While not as extensive as larger exchanges like Binance or Bitget, the list covers most high-demand assets suitable for long-term portfolios.

Tax Handling: The Administered Regime in Italy

A major advantage for Italian investors is that Trade Republic operates under Italy’s amministrato regime, introduced in 2025. Under this system:

This simplifies compliance significantly, eliminating the burden of calculating profits and submitting crypto tax declarations each year.

For investors prioritizing ease of use and regulatory safety, this automated fiscal management is a game-changer.

Frequently Asked Questions (FAQ)

Can I transfer my crypto from Trade Republic to an external wallet?
No. Trade Republic does not allow withdrawals to external wallets. All holdings remain in the internal custodial wallet managed by BitGo.

Are there any hidden fees when buying crypto?
No. The only cost is a flat €1 fee per transaction. There are no custody, inactivity, or withdrawal fees.

Is Trade Republic safe for crypto investing?
Yes. It holds a German banking license, protects deposits up to €100,000, and partners with BitGo for secure crypto custody.

How do savings plans work for crypto?
You schedule recurring purchases (e.g., €10/week in Bitcoin). These execute automatically with zero fees, helping you build wealth over time.

What happens if Trade Republic shuts down?
Your funds are protected: cash up to €100,000 via the German deposit insurance scheme, and crypto held separately in custodial accounts.

How does Trade Republic compare to eToro or Binance?
Trade Republic excels in simplicity and tax automation but lacks advanced tools and external transfers. eToro offers copy trading; Binance provides broader asset choice and self-custody options.

Alternatives to Trade Republic

While Trade Republic is excellent for beginners and passive investors, others may prefer more flexibility:

Each has pros and cons — choose based on whether you prioritize ease of use, cost efficiency, or full control over your assets.

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Final Verdict: Is Trade Republic Worth It for Crypto?

Yes — especially if you value simplicity, security, and automated tax compliance.

Trade Republic is ideal for:

It’s less suited for:

With competitive fees, strong regulation, and a clean user experience, Trade Republic remains one of the best-regulated gateways to crypto investing in Europe — particularly for Italian residents.

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