Is Binance available in Portugal?
Binance currently serves residents of Portugal but has announced it will stop from 1 July 2026. Binance did not obtain a Markets in Crypto Assets (MiCA) authorisation, after the Greek regulator rejected its application, and the regulator for Portugal is the Comissão do Mercado de Valores Mobiliários (CMVM). From 1 July 2026 new trading, deposits, and account openings stop for these residents, while withdrawals remain open.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
As of 26 June 2026, Binance is still reachable by residents of Portugal, but it has announced that it will halt its crypto services for residents of the European Union and the European Economic Area from 1 July 2026. Binance does not hold a Markets in Crypto Assets (MiCA) authorisation in any member state, after the Hellenic Capital Market Commission in Greece rejected its application, so it cannot lawfully serve Portugal once the MiCA transitional period ends. The regulator for Portugal is the Comissão do Mercado de Valores Mobiliários (CMVM); existing balances stay accessible and withdrawals stay open, but new orders, deposits, and account openings stop, so plan accordingly and verify the current position.
Availability for residents of Portugal
As of 26 June 2026, Binance remains reachable by residents of Portugal and continues to offer spot trading and other products for a short window. The regulator for Portugal is the Comissão do Mercado de Valores Mobiliários (CMVM). Across the European Union and the European Economic Area, crypto asset service providers must operate under the Markets in Crypto Assets (MiCA) framework, either through a national authorisation or by passporting an authorisation held in another member state.
Binance does not hold a MiCA authorisation in any member state. Its application was handled in Greece, where the Hellenic Capital Market Commission rejected it. On 25 June 2026 Binance announced that it will stop serving residents of the European Union and the European Economic Area from 1 July 2026, when the MiCA transitional period closes.
In Portugal, the Banco de Portugal previously registered virtual asset service providers for anti money laundering purposes, and the Comissão do Mercado de Valores Mobiliários (CMVM) is the authority under the Markets in Crypto Assets rules. Binance holds no MiCA authorisation that would let it serve Portuguese residents after the deadline.
From 1 July 2026, Binance has said it will halt new spot orders, deposits, new account openings, and Earn, staking, and launchpool products for affected residents. Existing balances remain accessible and withdrawals remain open, so there is no automatic loss of funds, but new activity stops. Because the position is moving, confirm the current status with the CMVM and Binance before acting.
What the MiCA deadline means in practice
Binance is a custodial platform, which means it holds the assets in your account on your behalf rather than giving you the private keys. The change here is not about whether owning crypto is lawful in Portugal, which it is, but about whether the Binance platform may offer services to residents under MiCA after 1 July 2026.
If you hold a Binance account as a resident of Portugal, the practical steps are to review your positions, export your transaction history for tax records, and decide whether to withdraw funds or move to a provider that holds a MiCA authorisation. Treat dated announcements as the guide and confirm details on the platform, since timelines can shift.
How crypto is taxed in Portugal
In Portugal, crypto gains can be taxable, and since 2023 short term gains on assets held for under a year are generally taxed while assets held for longer may be treated differently, with collection by the Autoridade Tributária e Aduaneira. Treatment depends on your circumstances.
Rules change and depend on personal circumstances, so confirm the current treatment with a qualified Portuguese tax adviser or the Autoridade Tributária e Aduaneira. See the Portugal crypto tax page for a fuller explanation. This is general information, not tax advice (as of 26 June 2026).
Binance is withdrawing from the European Union and European Economic Area from 1 July 2026, but a number of other platforms have secured MiCA authorisation and continue to serve Portugal. Availability and products vary, so compare the exchanges that are genuinely available in Portugal before you choose.
Every availability status here is dated and checked against the named regulator's public register. We never place a link to a platform where it is not available.
Regulator and sources
The regulator for Portugal is the Comissão do Mercado de Valores Mobiliários (CMVM), and authorisation across the European Union and European Economic Area runs through the Markets in Crypto Assets (MiCA) framework, coordinated with the European Securities and Markets Authority (ESMA). The position below is stated as of 26 June 2026 and should be confirmed on the primary sources.
- the Comissão do Mercado de Valores Mobiliários (CMVM), notices and registers on crypto asset services under MiCA.
- European Securities and Markets Authority (ESMA), the register of authorised crypto asset service providers.
- Hellenic Capital Market Commission, the Greek regulator that handled and rejected Binance's MiCA application.
- Binance, its public announcement of 25 June 2026 on halting services for residents of the European Union and the European Economic Area from 1 July 2026.
Frequently asked questions
Is Binance available in Portugal?
As of 26 June 2026, Binance still serves residents of Portugal, but it has announced it will stop from 1 July 2026. It did not obtain a Markets in Crypto Assets (MiCA) authorisation, so it cannot lawfully serve Portugal after the transitional period ends.
Why is Binance leaving Portugal?
Binance did not secure a MiCA authorisation in any European Union member state. Its application was rejected by the Hellenic Capital Market Commission in Greece, and without authorisation it cannot serve residents of the European Union and European Economic Area, including Portugal, from 1 July 2026.
What happens to my funds on Binance?
Binance has said existing balances stay accessible and withdrawals stay open after 1 July 2026, with new orders, deposits, and account openings stopping. There is no automatic loss of funds, but you should review your account and confirm the steps on the platform.
Is it legal to own crypto in Portugal?
Yes. Holding, buying, and selling crypto is lawful in Portugal, supervised under the framework overseen by the CMVM. The issue on this page is the authorisation of the Binance platform, not whether owning crypto is allowed.
Which exchanges still serve Portugal?
Several platforms have secured MiCA authorisation and continue to serve Portugal. See the best exchanges in Portugal page to compare the providers that are genuinely available. This is general information, not financial advice.
How are crypto gains taxed in Portugal?
In Portugal, crypto gains can be taxable, with short term gains generally taxed and longer holdings treated differently, collected by the Autoridade Tributária e Aduaneira. See the Portugal crypto tax page. This is general information, not tax advice.
Rules change frequently. Exchange availability and authorisations can change at short notice, and Binance's position in the European Union and European Economic Area is changing now around the Markets in Crypto Assets deadline of 1 July 2026. The position on this page is dated 26 June 2026. Confirm the current status with the CMVM and the platform before you act.
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