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Discover Estonia crypto exchange license with Consulting24

Over 500 successful cases in Estonia and Lithuania.
Image by Jacques Bopp

Estonia Crypto Exchange License Requirements

  1. Company Registration

  2. Support in Establishing Bank Account

  3. Preparing AML and CTF Compliance Documents

  4. Assistance in Filing VASP License Application

  5. Covering Government and Notary Charge

    Total cost: €25,000

Note! Consider Lithuania's crypto authorization for a quicker and cheaper option, 30-60 day process if Estonia's procedure seems too lengthy or costly.

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 Exchange License

Image representing Estonia crypto exchange license and Tallinn

Estonia presents a robust "Virtual Asset Service Provider" license, enabling a wide array of cryptocurrency operations:

  • Digital Wallet and Custodial Services: With this license, service providers can create and manage cryptographic keys for their clients, essential for securely storing and transacting digital currencies. ​

  • Cryptocurrency Exchange Services: The license bridges the gap between traditional fiat currencies and digital assets. It facilitates seamless conversions from conventional money to digital currencies and vice versa.

Additionally, it makes the exchange of different cryptocurrencies more manageable, streamlining the swapping of one digital currency for another.

Potential Services for Deployment

Crypto to Crypto, Crypto to Fiat, Fiat to Crypto

Develop a user-centric crypto trading platform, enabling your users to effortlessly engage in transactions with Bitcoin, Ethereum, BNB, and more, ensuring a streamlined and secure experience.


Initiate your token launch or support your clients' token releases through ICOs, IDOs, and IEOs.


Introduce your clients to a new revenue stream by offering them lucrative staking services.
Branded Debit Card

Offer your clients the advantage of directly spending their Bitcoin, Ethereum and more using your own uniquely branded debit card.

Mint & Trade NFTs

Launch your NFT trading platform, creating an ecosystem where users can buy, sell, and mint unique digital assets, bringing art and blockchain together.

Custodial Service

Empower your clients with a self-custody wallet solution, offering them the security and control to manage their own digital assets - their keys, their control.

If the realm of crypto consulting services piques your curiosity and you're eager to delve deeper, we have the perfect resource for you. Explore our in-depth guide here for profound insights and expert guidance. Seize this opportunity to unleash your cryptocurrency prowess.

Estonia Crypto Exchange License 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  Estonia crypto exchange license
Mardo Soo - CEO
  • LinkedIn

In his role as the CEO of Consulting24, Mardo excels in navigating the complexities of the Estonia crypto exchange license process. His expertise extends beyond client onboarding to maintaining durable relationships. His skill in this specialized area helps clients maneuver through the intricate landscape of the cryptocurrency realm.

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 Estonia crypto exchange license

Our Clients

Advisory  Projects

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