Crypto Exchange License Estonia
Estonia offers a wide-ranging "Virtual Asset Service Provider" license, covering a broad spectrum of cryptocurrency operations:
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Crypto Wallet and Custody Services: The license empowers service providers to create and oversee cryptographic keys for their clients. These keys play a crucial role in securely storing and transacting digital currencies.
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Crypto Exchange Services: This license forms a link between conventional fiat money and digital currencies, easing the conversion between traditional currencies and digital assets, and vice versa.
Furthermore, it streamlines the trading of diverse cryptocurrencies, making it simpler to exchange one digital asset for another.
Crypto Exchange License Cost and Fees
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Company Registration Services
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Guidance for Setting Up Bank Account
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Crafting AML and CTF Compliance Documentation
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Support for Filing VASP License Application
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Covers Government and Notary Charges
Package Cost: €25,000
Quick Tip: If you find Estonia's procedure too long or pricey, Lithuania's crypto authorization serves as a faster and more cost-effective choice, with a timeline of 30-60 days.
Feature | Crypto Wallet and Custodian Services | Crypto Exchange |
|---|---|---|
Setup time | ~6 months | ~6 months |
Audit | Monthly and Yearly | Monthly and Yearly |
Government Fee | 10 000€ | 10 000€ |
Local AML | Yes | Yes |
Local Director | Yes | Yes |
Bank Account | Yes | Yes |
Share Capital | 100 000€ | 250 000€ |
A Wide Range of Services for Potential Deployment
Crypto to Crypto, Crypto to Fiat, Fiat to Crypto
Launch a robust cryptocurrency exchange platform, facilitating seamless trades of Bitcoin, Ethereum, BNB, and more for your users, ensuring an optimized and secure trading experience.
ICO/IEO/IDO
Propel your token launch or help your clients in their token launches using ICOs, IDOs, and IEOs, reshaping the crypto landscape.
Staking
Introduce your clients to rewarding staking services, opening new doors for income generation.
Branded Debit Card
Your Custom-branded Debit Card: Provide your clients the convenience of using their Bitcoin, Ethereum, and other digital assets directly.
Mint & Trade NFTs
Initiate your NFT marketplace where users can buy, sell, and mint their distinctive digital creations, fostering a unique blend of art and blockchain.
Custodial Service
Provide your clients with the power of a self-custody wallet solution, ensuring they have the security and control to oversee their own digital assets - their keys, their rules.
If you're curious about cryptocurrency consulting services and wish to delve deeper, we have just the resource for you. Dive into our exhaustive guide here for more profound insights and professional guidance. Embrace this opportunity to bolster your knowledge of cryptocurrency's legal aspects. Discover more about our cryptocurrency consulting services at Consulting24 and take a leap towards a better understanding of the crypto world. Don't miss this chance to unlock your crypto potential.
Crypto License Battle: Estonia, Lithuania, or Dubai - Which Is Best?
Feature | Dubai | Lithuania | Estonia |
|---|---|---|---|
Cost | 20 000€ | 20 000€ | 25 000€ |
License Type & Government fee | 1. 9,700€ - Advisory Services & VA Transfer and Settlement Services | 1. Cryptocurrency exchange license
2. Crypto wallet and custodian services license
| 1. Cryptocurrency exchange license
2. Crypto wallet and custodian services license
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2. 24,250€ - Broker-Dealer, Custody, Exchange, Lending and Borrowing & VA Management and Investment Services | No additional fee | 10 000€ | |
Audit | May be required by VARA | Not required | Monthly and yearly are needed |
Office | Required | Can be virtual | Required |
AML (Anti-Money Laundry Officer) | Can be any nationality | Local needed | Local needed |
AML monthly salary | 5000€ | Starting from 1200€ | Starting from 2000€ |
Local director | Can be any nationality | Can be any nationality | Can be of any nationality, but have to live in Estonia |
Share capital terms | Immidiately | 25% now, 75% within a year.
| Immediately |
Required share capital | 24,250€ (Advisory Services) - 194,000€ (Exchange Services)
| 125 000€ | 100 000€ - Crypto wallet and custodian services license.
250000€ - Cryptocurrency exchange license |
Clients
Team
Mardo Soo - CEO
As the CEO of Consulting24, Mardo brings expertise in directing clients through the intricacies of acquiring a crypto exchange license in Estonia. His vast knowledge stretches beyond client initiation, fostering enduring collaborations. Mardo's astute guidance is crucial in aiding clients to maneuver through the challenging terrain of Estonia's crypto licensing process.
Lena Elvbakken - Founder
As a co-founder at Consulting24, Lena brings extensive insights into the process of acquiring a crypto exchange license in Estonia. Her proficiency lies in steering entrepreneurs through the complexities of initiating crypto exchanges and token offerings. Lena's adeptness in this sphere significantly simplifies the crypto exchange setup process, marking her instrumental role in Consulting24's contributions to the worldwide crypto revolution.
