A method for communication using a plurality of communication protocols and an electronic device thereof are provided. An electronic device according to various exemplary embodiments includes at least one antenna; and a control circuitry configured to perform a communication with an external electronic device by using a first protocol and a second protocol via the at least one antenna, wherein the control circuitry is configured to identify context information associated with the communication; determine, at least based on the context information, a priority associated with the first protocol and the second protocol; determine, among the first protocol and the second protocol, a protocol, based at least in part on the priority; and communicate, via the at least one antenna, using the determined protocol with the external electronic device.