Best Places to Spend Crypto in Portugal

Portugal is one of Europe’s most crypto-friendly countries, with businesses across Lisbon and Porto now accepting Bitcoin, Ethereum, and stablecoins as direct payment.

The best places to spend crypto in Portugal include Hotel 705, Rossio Hostel, Liberty Cafe, Sino Bar, Conceptica Bar, Prediclub Imobiliaria real estate agency, and LEGACIS Law Office, covering everything from accommodation and dining to legal services and property purchases. Whether you are a visitor or a long-term resident, Portugal offers more ways to spend cryptocurrency in daily life than almost any other country in Western Europe.

Read Also: Cryptocurrency Adoption In Portugal.

Key Takeaways

  • Portugal has numerous businesses that accept cryptocurrency as a direct payment, eliminating the need to convert to euros.
  • BitRefill allows users to purchase digital gift cards, eSIMs, and phone refills using Bitcoin and other cryptocurrencies.
  • Hotel 705 partners with PAYCEK to accept Bitcoin, Ethereum, Tether, USD Coin, and Solana as payment methods.
  • Rossio Hostel accepts Bitcoin and other cryptocurrencies for booking rooms or dorms.
  • Several bars in Lisbon, including Sino Bar, Conceptica Bar, Liquid Love, and Papoila Bar, accept Bitcoin and Ethereum.

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S/NBest Places to Spend Crypto in PortugalCategories
1BitRefillOnline Retail
2Hotel 705Hotel
3Rossio HostelHotel & Hostel
4Sino BarBar
5Conceptica BarBar
6Liquid LoveBar
7Papoila BarBar
8Liberty CafeRestaurant
9Prediclub ImobiliáriaReal Estate
10LEGACIS Law OfficeLegal Services
11Mais ClinicHealth Services

BitRefill

BitRefill Homepage

Source: BitRefill

Category: Retail

Supported Cryptos: Bitcoin (BTC) and other cryptocurrencies.

Bitrefill allows users to buy digital gift cards, eSIMs, and phone refills using Bitcoin and other cryptocurrencies. 

This makes it easy for crypto holders to pay for everyday needs without converting their crypto to cash.

With a wide range of gift cards available, users in Portugal can shop, dine, and even book travel with crypto. 

Hotel 705

Hotel 705 Homepage

Source: Hotel 705

Category: Hotel

Supported Cryptos: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and Solana (SOL). 

At Hotel 705, you can enjoy a comfortable stay while spending your cryptocurrency with ease. 

Located in Portugal, Hotel 705 has partnered with PAYCEK, a well-known cryptocurrency platform, to allow guests to pay with Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and Solana (SOL). 

This means you can book your stay and pay for services directly from your crypto wallet.

Rossio Hostel

Rossio Hostel Homepage

Source: Rossio Hostel

Category: Hotel & Hostel

Supported Cryptos: Bitcoin (BTC) and other cryptocurrencies. 

Book rooms or dorms at Rossio Hostel and pay with cryptocurrency! This cozy and comfortable hostel is right in the center of the city, making it a great place to stay while exploring Portugal. 

Whether you want a private room or prefer the fun experience of a dorm, Rossio Hostel has options for everyone.

Sino Bar

Sino Bar Instagram Page

Source: Sino Bar

Category: Bar

Supported Cryptos: Bitcoin (BTC), Ethereum, and other cryptocurrencies.

You can pay with crypto at Sino Bar. Located in the heart of Lisbon, this bar is a mix of old Portuguese charm and modern style.

Sino Bar stands out because it accepts cryptocurrency, giving crypto users an easy way to enjoy drinks without worrying about cash or cards. 

Conceptica Bar

Conceptica Bar Instagram Page

Source: Conceptica Bar

Category: Bar

Supported Cryptos: Bitcoin (BTC), Ethereum, and other cryptocurrencies.

Another bar where you can spend your crypto in Portugal is Conceptica Bar. This trendy yet cozy spot is in one of Lisbon’s most artistic areas. 

What makes it special? The bar focuses on quality over quantity, offering a unique cocktail menu that is always changing. If you love trying bold and experimental flavors, this is the place for you.

Liquid Love

Liquid Love Instagram Page

Source: Liquid Love

Category: Bar

Supported Cryptos: Bitcoin (BTC), Ethereum, and other cryptocurrencies.

Apart from them accepting crypto, you can be sure you are getting the best experience at Liquid Love. This bar is all about creativity and cool vibes. 

It’s the perfect place to relax with friends after a long day, enjoying craft cocktails that are as unique as the bar itself.

What makes Liquid Love stand out is not just the amazing drinks but also the artsy atmosphere. Every corner is designed with style, making it a great spot to hang out.

Papoila Bar

Papoila Bar Instagram Page

Source: Papoila Bar

Category: Bar

Supported Cryptos: Bitcoin (BTC), Ethereum, and other cryptocurrencies.

Papoila Bar has a unique cocktail menu featuring local ingredients, so you can try something truly special. Whether you want a refreshing drink or something more adventurous, there’s a cocktail for you.

Papoila Bar also accepts crypto payments. You can pay with Bitcoin or Ethereum, making it a great choice for crypto enthusiasts. 

Liberty Cafe

Liberty Cafe Instagram Page

Source: Liberty Cafe

Category: Restaurant

Supported Cryptos: Bitcoin (BTC), Ethereum, and other cryptocurrencies.

Liberty isn’t just about great coffee, it’s about freedom of choice. This café offers a unique mix of specialty drinks, delicious food, and a hand-picked selection of books. 

The café has created a warm and welcoming space where people can enjoy quality food and drinks while embracing new ways to pay. 

By accepting crypto payments through iVendPay’s POS terminal and online via a WordPress plugin, Liberty is making it easier for customers to use Bitcoin and other digital currencies.

Prediclub Imobiliária

Prediclub Imobiliária Homepage

Category: Real Estate
Supported Cryptos: Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies.

Prediclub Imobiliária makes it possible to invest in real estate using cryptocurrency. This forward-thinking real estate agency understands that the future of finance is digital, which is why they accept Bitcoin and Ethereum for property transactions.

Whether you’re searching for a cozy apartment in Lisbon, a beachfront villa in the Algarve, or a commercial property investment, Prediclub Imobiliária offers a diverse portfolio to suit your needs. Their crypto-friendly approach makes international property purchases smoother for digital currency holders, eliminating traditional banking complications and currency conversion hassles.

LEGACIS Law Office

LEGACIS Law Office Homepage

Category: Legal Services
Supported Cryptos: Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies.

LEGACIS Law Office is a modern legal practice that bridges traditional law with the digital economy. Specializing in services for both individuals and businesses, LEGACIS stands out as one of the few law firms in Portugal that accepts cryptocurrency payments.

For crypto holders living in or relocating to Portugal, paying for legal services with Bitcoin or Ethereum is now a reality. Their understanding of both traditional legal frameworks and emerging digital finance makes them an ideal choice for tech-savvy clients.

Mais Clinic

Mais Clinic Homepage

Category: Health Services
Supported Cryptos: Bitcoin (BTC) via on-site ATM

Mais Clinic in Portugal hosts a Bitcoin ATM right on its premises, making it a convenient spot for crypto users visiting the clinic. Whether you’re there for a medical appointment or consultation, you can easily access the ATM to buy or sell Bitcoin without making an extra trip.

The on-site Bitcoin ATM means you can handle your crypto transactions while you’re already at the clinic, saving time and effort. For crypto holders in Portugal who need healthcare services, this added convenience makes Mais Clinic a practical choice to take care of your health and manage your digital assets in one location.

Tips for Spending Crypto in Portugal

Portugal sees cryptocurrency as a form of payment rather than an asset. This means you can use crypto to pay for things without worrying about VAT (Value Added Tax). Many businesses in Portugal accept crypto payments, especially in tech hubs like Lisbon and Porto.

Watch How Often You Trade

If you trade crypto only occasionally, your gains might be tax-free. But if you trade frequently and it becomes your main income source, you’ll need to pay taxes. Keep track of:

  • How often you trade
  • How long you hold your crypto
  • How many trading platforms you use

Be Aware of Upcoming Tax Changes

Portugal introduced new crypto tax rules in 2023. Short-term gains (crypto sold within a year) are now taxed at 28%, while long-term gains remain tax-free. Stay updated on these changes as they affect how you might want to time your crypto spending.

Consider Getting a Crypto Visa Card

You can pay for items with crypto visa cards in Portugal. This makes daily spending with cryptocurrency convenient and seamless, turning your digital assets into practical payment options.

Pay Attention to Exchange Rates

Cryptocurrency prices fluctuate frequently. If you are paying with crypto, check the exchange rate beforehand to ensure you are getting a fair deal. Some businesses might charge a premium for crypto payments due to volatility.

Be Aware of Transaction Fees

Depending on the network you are using (Bitcoin, Ethereum, etc.), transaction fees can vary. If possible, use lower-fee cryptocurrencies like Litecoin or stablecoins for faster and cheaper transactions.

Withdraw Euros if Needed

If you find yourself in a place that does not accept crypto, you can withdraw Euros using crypto ATMs available in Portugal. These ATMs allow you to convert your crypto into cash easily.

Conclusion

Most of the places listed here are located in Lisbon, making it easy for crypto users to shop, dine, and enjoy entertainment using digital currency. 

As more businesses start accepting crypto payments, spending your digital assets in Portugal will become even more convenient. 

Just remember to stay updated on tax rules, exchange rates, and transaction fees to make the most of your crypto. 

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Frequently Asked Questions

Where can I spend crypto in Portugal?

You can spend crypto across a wide range of businesses in Portugal including hotels, hostels, bars, restaurants, law offices, real estate agencies, and healthcare facilities. Lisbon is the most crypto-friendly city, with businesses like Hotel 705, Rossio Hostel, Liberty Cafe, Sino Bar, Conceptica Bar, Liquid Love, and Papoila Bar all accepting Bitcoin and Ethereum. Prediclub Imobiliaria even allows property purchases with crypto, and LEGACIS Law Office accepts digital currency for legal fees.

Is Portugal a crypto-friendly country?

Yes, Portugal is widely considered one of the most crypto-friendly countries in Europe. The country has a favorable regulatory environment, an active crypto community, and a growing number of businesses accepting crypto directly. Lisbon in particular has become a hub for crypto entrepreneurs and digital nomads, partly due to Portugal’s historically relaxed approach to crypto taxation compared to other EU member states.

What cryptocurrencies are accepted in Portugal?

Bitcoin and Ethereum are the most widely accepted cryptocurrencies across Portuguese businesses. Hotel 705 also accepts Tether, USD Coin, and Solana through its PAYCEK payment integration. Liberty Cafe accepts a broader range of cryptocurrencies through the iVendPay payment system. BitRefill, while an online platform, allows users in Portugal to purchase gift cards and services using Bitcoin and several altcoins.

How is cryptocurrency taxed in Portugal?

Portugal updated its crypto tax rules in 2023. Gains from cryptocurrencies held for more than 365 days remain tax-free for individuals, provided crypto trading is not their primary source of income. Short-term gains on crypto sold within one year are now taxed at 28%. Using cryptocurrency for everyday purchases such as paying at a restaurant or hotel is generally not subject to VAT, as Portugal treats crypto as a means of payment rather than an asset in those contexts. Always consult a local tax professional for advice specific to your situation.

Can I use a crypto card to spend anywhere in Portugal?

Yes. A crypto debit card like the UPay Visa card lets you spend cryptocurrency at any location in Portugal that accepts Visa, which covers the vast majority of shops, restaurants, hotels, and ATMs throughout the country. The card converts your crypto to euros automatically at the point of sale, making it the most practical option for daily spending beyond the handful of merchants that accept crypto directly.

Are there Bitcoin ATMs in Portugal?

Yes. Portugal has a growing number of Bitcoin ATMs, particularly in Lisbon and Porto. Mais Clinic also has an on-site Bitcoin ATM on its premises, allowing patients to buy or sell Bitcoin during their visit. Coin ATM Radar is a reliable tool for finding the nearest Bitcoin ATM to your location anywhere in Portugal.

Can I buy property in Portugal with crypto?

Yes. Prediclub Imobiliaria is a real estate agency in Portugal that accepts Bitcoin and Ethereum for property transactions. This makes it possible for crypto holders to purchase apartments in Lisbon, villas in the Algarve, and commercial properties without converting their digital assets to euros first, which also removes many of the traditional banking and currency conversion complications involved in international property purchases.

What is the most crypto-friendly city in Portugal?

Lisbon is the most crypto-friendly city in Portugal. The majority of crypto-accepting businesses, including bars, cafes, restaurants, and service providers, are concentrated in Lisbon. The city has a thriving tech and startup ecosystem that has attracted a large community of crypto-native entrepreneurs and digital nomads, which has driven merchant adoption significantly higher than in other Portuguese cities.

Can I pay for legal services with crypto in Portugal?

Yes. LEGACIS Law Office is one of the few law firms in Portugal that accepts cryptocurrency for legal fees. The firm works with both individuals and businesses, making it particularly useful for crypto holders relocating to Portugal, setting up companies, or navigating property transactions who want to keep their finances entirely in digital assets.

Disclaimer: This article is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence before making any trading or investment decisions.

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