Europe

Serbia crypto restrictions and exchange access

Serbia licenses crypto under a 2020 law that splits the work between its central bank and its securities regulator, and we found no ban on holding or trading it.

Available

of 22 platforms

Limited

of 22 platforms

Restricted

of 22 platforms

Regulators

Top exchanges by access score

Last updated 07 Nov 2026

Map of the Balkans with Serbia highlighted, between Hungary, Romania, Bulgaria, North Macedonia, Montenegro, Bosnia and Croatia. Beside it: 1 of 22 tracked platforms refuse Serbian residents (Gemini) and 21 are available; 3 firms are on the National Bank of Serbia register of virtual currency service providers, none of them a tracked platform; law firm reports put the tax on gains at 15%, with the return due 120 days after the quarter; the Law on Digital Assets has applied since June 2021.

Is crypto legal in Serbia?

Crypto is legal in Serbia and, since June 2021, anyone who offers services in it has needed a licence from the National Bank of Serbia (NBS) or the Securities Commission.

The Law on Digital Assets (Official Gazette 153/2020) has applied since June 2021, according to the NBS. The NBS grants the licence for virtual currency services, and the Securities Commission grants licences for services tied to digital tokens; the Commission said in March 2023 that supervision is divided between the two by asset type and that an asset with features of both falls under both. We found no Serbian law that bans holding or trading crypto.

Offering virtual currency services without an NBS licence is, in the bank’s words, unauthorised and a criminal offence. Holders have a duty of their own: anyone who holds virtual currency that was not bought through a licensed provider must report it to the NBS’s Records of Virtual Currency Holders.

Serbia is not in the EU, so MiCA, the EU’s crypto regulation, does not apply. A law firm guide in Fintech 2026 says the Serbian law is not yet aligned with it; we found no amendment or bill that would change that.

Which crypto exchanges work in Serbia?

Twenty-one of the 22 platforms we track serve Serbians by their own terms, but none of them holds a Serbian licence: the NBS register lists three firms, all Belgrade companies.

The NBS register names VESCON, MCM 965 and AX CRYPTO, and the Securities Commission licensed MCM 965 and VESCON for digital token services on 17 March 2023. None of the three is a platform we track, and we found no entity of a tracked platform on either register. The NBS also warned the public in February 2025, N1 reported, about an unlicensed Bosnian exchange office operating in Serbia; it was not one of our platforms.

What decides access in practice is each platform’s own terms. The restricted lists we read name sanctioned places and a handful of countries, and none names Serbia. Gemini is the exception: its lists of supported countries leave Serbia out, and its sign-up page told us it does not operate there.

Best crypto platforms for Serbian residents

Eleven exchanges tie at 8.0 out of 10 for Serbian residents, the most any platform can reach without a Serbian licence; OKX follows at 7.5 and Coinbase at 6.9, because it closed its prediction markets here.

The score rates how fully a Serbian resident can use each platform, not its fees or safety. It is computed from our data and moves when a row changes: access status (4 points), the share of the platform’s products open here (3), the Serbian licences we hold on file (2) and what our geo-access test saw from a Serbian address (1). No tracked platform holds a Serbian licence, so none earns the licence points. Platforms that refuse Serbian residents are not scored. The full method is on our methodology page.

Exchanges

Binance
Best for The widest product list on a global exchange
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not on its List of Prohibited Countries
- Its pages loaded in our test
Cons
- We found no Serbian licence on either register
Read our Binance report
Bitfinex
Best for Spot access without a local company
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not a prohibited jurisdiction in its terms
- Its pages loaded in our test
Cons
- We found no Serbian licence on either register
Read our Bitfinex report
Bitget
Best for Spot access from a global brand
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not on its prohibited list (updated 4 November 2026)
- Its pages loaded in our test
Cons
- We found no Serbian licence on either register
Read our Bitget report
Bitstamp
Best for Plain spot trading
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- No Bitstamp document excludes Serbia
- Its pages loaded in our test
Cons
- We found no Serbian licence on either register
Read our Bitstamp report
Bybit
Best for Spot access from a global brand
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not on its excluded-jurisdictions list
- Its pages loaded in our test
Cons
- We found no Serbian licence on either register
Read our Bybit report
Crypto.com
Best for Spot trading in an app
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not on its App or spot lists
- Its pages loaded in our test
Cons
- We found no Serbian licence on either register
Read our Crypto.com report
Gate
Best for A wide coin list on a global exchange
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not named in its restricted locations
- Its pages loaded in our test
Cons
- Its restricted list is open-ended
- We found no Serbian licence on either register
Read our Gate report
HTX
Best for A wide coin list with a restricted list to check
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not on its restricted lists
- Its pages loaded in our test
Cons
- We found no Serbian licence on either register
Read our HTX report
Kraken
Best for Plain spot trading
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not on its do-not-serve list
- Its pages loaded in our test
Cons
- We found no Serbian licence on either register
Read our Kraken report
KuCoin
Best for A wide coin list on a global exchange
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not on its restricted list (updated 29 October 2026)
- Its pages loaded in our test
Cons
- We found no Serbian licence on either register
Read our KuCoin report
MEXC
Best for Spot access with a long coin list
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not on its prohibited list (updated 13 October 2026)
- Its pages loaded in our test
Cons
- Its list is not closed
- We found no Serbian licence on either register
Read our MEXC report
OKX
Best for Spot trading from a global brand
7.5/10
Access
4/4
Products
3/3
Licences
0/2
Our test
0.5/1
Pros
- Serbia is not on its restricted-locations list
Cons
- Its home page sent us to the OKX Europe site
- We found no Serbian licence on either register
Read our OKX report
Coinbase
Best for A major brand that lists Serbia for sign-up
6.9/10
Access
4/4
Products
2.4/3
Licences
0/2
Our test
0.5/1
Pros
- Serbia is a signup country in its identity verification guide
Cons
- Its home page said stocks and prediction markets are not available
- We found no Serbian licence on either register
Read our Coinbase report

Prediction markets

Kalshi
Best for Event markets with no Serbia restriction
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Not on its restricted-jurisdictions list
- Its pages loaded in our test
Cons
- No Serbian ruling on whether event contracts count as betting
Read our Kalshi report
Polymarket
Best for Event markets with no Serbia restriction
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Not on its blocked-countries list
- Its pages loaded in our test
Cons
- No Serbian ruling on whether event contracts count as betting
Read our Polymarket report

DeFi

Aster
Best for Perpetuals from your own wallet
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not on its prohibited list
- The trading app loaded in our test
Cons
- No Serbian authority has addressed it, and no licence applies
Read our Aster report
Hyperliquid
Best for Perpetuals from your own wallet
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not a restricted place in its terms
- The app loaded in our test
Cons
- No Serbian authority has addressed it, and no licence applies
Read our Hyperliquid report
Jupiter
Best for Solana swaps
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not in its terms
- The app loaded in our test
Cons
- No Serbian authority has addressed it
Read our Jupiter report
Lighter
Best for Perpetuals from your own wallet
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not named in its terms
- The trading app loaded in our test
Cons
- No Serbian authority has addressed it, and no licence applies
Read our Lighter report
PancakeSwap
Best for BNB Chain swaps and pools
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Serbia is not barred by its terms
- The app loaded in our test
Cons
- No Serbian authority has addressed it
Read our PancakeSwap report
Uniswap
Best for Swapping tokens from your own wallet
8.0/10
Access
4/4
Products
3/3
Licences
0/2
Our test
1/1
Pros
- Its terms bar only places under comprehensive US sanctions
- The app loaded in our test
Cons
- No Serbian authority has addressed it
Read our Uniswap report

Which platforms block Serbian users?

One of the 22 platforms we track refuses Serbian residents outright: Gemini. The other 21 are available, though two entries are worth a second look.

The platform that refuses Serbia, and two to checkPick one to see why

Platform	Status	Type	What it says	Date
Gemini	Restricted	Exchange	Serbia is on neither of its lists of supported countries, and its sign-up page said it does not operate there	Checked 7 November 2026
Coinbase	Available	Exchange	Serbia is a signup country, but its home page said stocks and prediction markets are not available	Tested 14 October 2026
OKX	Available	Exchange	Not on its restricted list; okx.com showed us its OKX Europe site	Tested 14 October 2026

Source: platform terms and lists, CryptoRestrictions geo-access test, verified 7 November 2026. What each site showed us is in the next section.

Gemini publishes its availability by region and does not name Serbia on either list, so we record it as refusing under our rule for allow-lists, and our test confirmed it: the sign-up form was replaced by a notice that Gemini does not operate in Serbia.

What our geo-access test saw from Serbia

From a Serbian address on 14 and 16 October 2026 we loaded all 22 platforms we track: 19 loaded with no barrier, 2 showed a notice and 1 refused us.

The refusal was Gemini. The notices were on Coinbase, whose home page said stocks and prediction markets are not available in our jurisdiction, and OKX, which opened its OKX Europe site; neither blocked the visit. An open page is not permission to trade, because most platforms enforce at identity checks, and the test cannot see a block by a Serbian internet provider’s own filtering. Swipe through the screenshots below; each card quotes what the page showed.

Who regulates crypto in Serbia?

Two regulators split the licensing by asset type: the National Bank of Serbia for virtual currencies and the Securities Commission for digital tokens, while the Tax Administration collects the tax.

NBS. The central bank keeps the register of virtual currency service providers and licenses and supervises those services. It lists three firms. It also takes reports of unlicensed services.
Securities Commission. It licenses providers of services tied to digital tokens and, on 24 March 2023, announced its first two licences. Where an asset has features of both a virtual currency and a token, both regulators are competent.
Tax Administration. It collects the tax on digital asset gains and takes the return for them (see the tax section). N1 reported in January 2023, quoting the administration, that it had sent 129 decisions and collected RSD 84.4 million.
Games of Chance Administration. A law firm describes it as the body under the Ministry of Finance that decides which games may be offered; see the prediction markets section.
EU. We found no Serbian law or bill that applies MiCA.

Are prediction markets legal in Serbia?

We found no Serbian law or action naming prediction markets; Polymarket and Kalshi do not exclude Serbia, while Coinbase told us its own are not available there.

A law firm, Zunic Law, describes Serbia’s gambling law as allowing only games in the catalogue kept by the Games of Chance Administration under the Ministry of Finance, with everything else prohibited. We could not read the law itself, so whether an event contract counts as one of those games is not something we found a ruling on.

Polymarket does not list Serbia among its blocked countries, and Kalshi does not list it among its restricted jurisdictions; both loaded in our test. Coinbase is the exception: its home page said prediction markets are not available in our jurisdiction, so we record that product as restricted while its crypto trading stays available. We found no Serbian action naming any of the three.

How is crypto taxed in Serbia?

Law firm and press reports put the tax on a crypto gain at 15% of the sale price minus the purchase price, and the Tax Administration takes the return on form PPDG-3R within 120 days of the end of the quarter.

Unit chart of 100 squares, 15 marked as tax: of every 100 dinars of crypto gain, 15 go to tax and 85 stay with the taxpayer, as law firm and press reports describe the Serbian rule (gain is the sale price minus the purchase price). The Tax Administration says form PPDG-3R for income from digital asset transfers is due within 120 days of the end of the quarter in which the income arose.

We could not open the Personal Income Tax Law text, so the rate rests on two secondary sources: Zunic Law (updated May 2026) and N1 (January 2023, quoting the Tax Administration), which both give 15%, taxed like securities. Zunic adds that the tax is due 15 days after the administration’s decision. Check the administration before you rely on any of this.

The one primary source we read is the Tax Administration’s page on tax returns for individuals. It lists form PPDG-3R for income from the transfer of digital assets, due within 120 days of the end of the quarter in which the income arose, so the filing is quarterly rather than annual. It also says that if a company that took the proceeds reduces its capital within the same year or the next two, an exemption is lost and the taxpayer must notify the administration within 30 days. We read the page through a text summary, so check the wording there.

We could not find the administration’s rules on a holding period, loss carry-forward, swaps between coins, VAT, or reporting by exchanges, and we found no source placing Serbia on the OECD’s crypto reporting framework, so we make no claim on them. Working out your position takes four steps:

Working out your crypto tax in SerbiaFrom the sources above, not tax advice

Step	Detail
Find the gain	Sale price minus purchase price, per the law firm and press reports
Apply the rate	15% of the gain, reported by Zunic Law and N1
File the return	Form PPDG-3R, within 120 days of the end of the quarter of the income (Tax Administration)
Check the licence and the register	Use a provider licensed by the NBS or the Securities Commission; report holdings bought elsewhere to the NBS

Source: Tax Administration of Serbia, Zunic Law, N1 and the National Bank of Serbia, checked 7 November 2026.

Sources: National Bank of Serbia (1: Digital assets: licensing of virtual currency services under the Law on Digital Assets, 2: Register of virtual currency service providers), Securities Commission of the Republic of Serbia: Securities Commission issued two licences to service providers related to digital tokens (24 March 2023), Tax Administration of Serbia: Tax returns for individuals (form PPDG-3R), Zunic Law (1: Cryptocurrency and digital asset tax in Serbia (updated May 2026), 2: Law on games of chance in Serbia), N1 (1: Tax on digital assets: 129 decisions sent, RSD 84.4 million collected (20 January 2023), 2: NBS warns about the unauthorised business of a Bosnian crypto exchange office in Serbia (February 2025)), Chambers and Partners: Fintech 2026: Serbia, trends and developments, Gemini: Areas of availability, checked 07 Nov 2026.

Platform availability

Explore which exchanges and prediction markets are available in Serbia.

Platform	Type	Spot	Derivatives	Staking	Status	Last verified
Aster	DeFi	Available	Available	Available	Available	20 Oct 2026
Binance	Exchange	Available	Available	Available	Available	20 Oct 2026
Bitfinex	Exchange	Available	Available	Available	Available	20 Oct 2026
Bitget	Exchange	Available	Available	–	Available	07 Nov 2026
Bitstamp	Exchange	Available	Available	Available	Available	17 Oct 2026
Bybit	Exchange	Available	Available	Available	Available	20 Oct 2026
Coinbase	Exchange	Available	Available	Available	Available	17 Oct 2026
Crypto.com	Exchange	Available	Available	–	Available	20 Oct 2026
Gate	Exchange	Available	Available	–	Available	07 Nov 2026
Gemini	Exchange	Restricted	Restricted	Restricted	Restricted	07 Nov 2026
HTX	Exchange	Available	Available	Available	Available	20 Oct 2026
Hyperliquid	DeFi	Available	Available	Available	Available	20 Oct 2026
Jupiter	DeFi	Available	Available	Available	Available	20 Oct 2026
Kalshi	Prediction market	–	–	–	Available	20 Oct 2026
Kraken	Exchange	Available	Available	Available	Available	20 Oct 2026
KuCoin	Exchange	Available	Available	–	Available	07 Nov 2026
Lighter	DeFi	Available	Available	Available	Available	20 Oct 2026
MEXC	Exchange	Available	Available	–	Available	07 Nov 2026
OKX	Exchange	Available	Available	Available	Available	07 Nov 2026
PancakeSwap	DeFi	Available	Available	Available	Available	20 Oct 2026
Polymarket	Prediction market	–	–	–	Available	20 Oct 2026
Uniswap	DeFi	Available	–	–	Available	20 Oct 2026

Showing 22 of 22 tracked platforms

View all platforms

Regional context

How Serbia compares with the rest of Europe.

AvailableLimitedRestrictedUnknown

How Serbia compares

51 tracked countries in Europe: 6 broadly open, 43 limited, 2 restrictive.

Ranked by tracked platforms available. Bar: available, limited, restricted.

Explore European countries

Serbia crypto restrictions and exchange access

Is crypto legal in Serbia?

Which crypto exchanges work in Serbia?

Best crypto platforms for Serbian residents

Exchanges

Binance

Bitfinex

Bitget

Bitstamp

Bybit

Crypto.com

Gate

HTX

Kraken

KuCoin

MEXC

OKX

Coinbase

Prediction markets

Kalshi

Polymarket

DeFi

Aster

Hyperliquid

Jupiter

Lighter

PancakeSwap

Uniswap

Which platforms block Serbian users?

What our geo-access test saw from Serbia

Who regulates crypto in Serbia?

Are prediction markets legal in Serbia?

How is crypto taxed in Serbia?

Platform availability

Regional context

How Serbia compares