Estonian Crypto License Requirements
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Company Registration
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Support in Bank Account Setup
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Development of AML/CTF Compliance Papers
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Help in Filing VASP License Request
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Includes Government and Notary Costs
Cost: €25,000
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€ |
Estonia Crypto License Explained
Estonia provides a comprehensive license known as the "Virtual Asset Service Provider" for conducting various cryptocurrency operations:
Crypto Wallet and Custodial Services: This license empowers service providers to create and manage cryptographic keys for their clients. These keys are fundamental for the secure storage and transaction of digital currencies.
Crypto Exchange Services: The license facilitates seamless conversions between traditional fiat currencies and digital assets. It aids in the smooth transition from traditional money to digital currencies, and vice versa. Additionally, it streamlines transactions between various cryptocurrencies, simplifying the process of swapping one digital currency for another.
Services You Can Launch
Crypto to Crypto, Crypto to Fiat, Fiat to Crypto
Enhancing Utility Token Trades: Facilitating Seamless Conversion of Bitcoin, Ethereum, BNB, and Other Cryptocurrencies into USD and Euro for Users.
ICO/IEO/IDO
Harnessing ICOs, IEOs, and IDOs: Spark Market Evolution with Your Unique Utility Token Launch.
Staking
Boosting Profits: Discover New Income Opportunities with Strategic Management of Digital Currency Assets.
Branded Debit Card
Facilitating Effortless Transactions with Custom Debit Cards: Streamline Trading of Major Cryptocurrencies like Bitcoin, Ethereum, BNB, and More.
Mint & Trade NFTs
Pioneering NFT Creation and Exchange: Customizing Platforms for Your Digital Assets. Carve Your Niche Marketplace Leveraging Advanced NFT Features.
Custodial Service
Providing Robust Custodial Wallet Services: Guaranteeing Client's Digital Asset Safety with VASP Licensing. Maintain Total Control Over Private Keys for Ultimate Security and Power.
Our Team
Mardo Soo - CEO
As the CEO of Consulting24, Mardo is at the forefront of digital currency consulting. His expertise extends beyond initiating client relationships to cultivating enduring partnerships. His guidance is pivotal in navigating clients through the intricacies of the crypto sphere.
Lena Elvbakken - Founder
Lena, as a co-founder and leading expert at Consulting24, specializes in guiding entrepreneurs through the complexities of crypto exchange and token launches, particularly in Estonia. With her in-depth expertise in Estonia crypto license requirements, she streamlines the process of establishing cryptocurrency exchanges, marking a significant contribution to Consulting24's role in driving global crypto transformation.
