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Get Your Crypto Licence in Estonia with Consulting24

Consulting24 has record of over 500 successfully secured licenses

Image by Jacques Bopp

Crypto License Requirements in Estonia

  1. Company Registration

  2. Bank Account Setup Guidance

  3. Prepare Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) Documentation

  4. Submitting Virtual Asset Service Provider (VASP) License Application

    Inclusive of Government and Notary Fees

    Total cost: €25,000

    Lithuania's crypto authorization offers a cheaper and quicker solution, with a 30-60 day process, if Estonia's procedure feels too prolonged or expensive.

Crypto Wallet and Custodian Services
Crypto Exchange
Setup time
~6 months
~6 months
Monthly and Yearly
Monthly and Yearly
Government Fee
10 000€
10 000€
Local AML
Local Director
Bank Account
Share Capital
100 000€
250 000€

Estonia Crypto License Explained

Image representing crypto license Estonia and Tallinn

Estonia offers an extensive "Virtual Asset Service Provider" license, paving the way for a broad spectrum of cryptocurrency operations:

  • Cryptocurrency Wallet and Custodial Services: This license grants service providers the ability to generate and control cryptographic keys on behalf of their customers. These keys are critical for the secure storage and transfer of digital currencies.

  • Cryptocurrency Exchange Services: This license creates a bridge between traditional fiat money and digital assets. It supports smooth conversions from conventional money to digital currencies, and the other way around. It also simplifies transactions involving different cryptocurrencies, making the exchange of one digital asset for another more straightforward.

Potential Services for Deployment

Crypto to Crypto, Crypto to Fiat, Fiat to Crypto

Create a dynamic marketplace for your users to trade top cryptocurrencies like Bitcoin, Ethereum, BNB and more. Empower them with an easy, secure, and seamless crypto trading experience.


Launch your own token or facilitating token launches for your clients through ICOs, IDOs, and IEOs. Enter the market with a bang and fuel the crypto revolution.


Provide an added source of income to your clients by introducing them to profitable staking services.

Branded Debit Card

With your own branded debit card, allow your clients to make payments effortlessly using major cryptocurrencies like Bitcoin and Ethereum.

Mint & Trade NFTs

Launch your own NFT trading platform, providing a space for users to buy, sell, and mint their unique digital assets.

Custodial Service

Offer your clients the security and control of managing their own digital assets with a self-custody wallet solution. Their keys, their control.

If you're intrigued and want to explore more about the world of crypto consultancy, then we've got just the resource for you. Check out our comprehensive guide here for deeper insights and assistance. Don't miss this chance to unlock your crypto potential.

Crypto License Estonia Comparison with Lithuania & Dubai

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
2. 24,250€ - Broker-Dealer, Custody, Exchange, Lending and Borrowing & VA Management and Investment Services
No additional fee
10 000€
May be required by VARA
Not required
Monthly and yearly are needed
Can be virtual
AML (Anti-Money Laundry Officer)
Can be any nationality
Local needed
Local needed
AML monthly salary
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
25% now, 75% within a year.
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

Our Team

 Mardo Soo, CEO of Consulting24, at the forefront of crypto license Estonia
Mardo Soo - CEO
  • LinkedIn

As Consulting24's CEO, Mardo exemplifies leadership in the digital currency consulting field. His proficiency not only lies in onboarding clients but also in nurturing long-lasting alliances. His guidance is invaluable in helping clients traverse the complexities of the crypto landscape.

Lena Elvbakken - Founder
  • LinkedIn

Lena, a co-founder of Consulting24, is a seasoned expert in crypto license Estonia's requirements. Her extensive experience in guiding entrepreneurs through the complexities of crypto exchange and token launches is a testament to her expertise. Lena's skillset streamlines the process of establishing cryptocurrency exchanges, marking a significant contribution to Consulting24's influential role in the global crypto revolution.

Lena Elvbakken, Founder  of Consulting24, a leader in crypto license Estonia

Consulting24 Clients

Advisory  Projects

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