Bitvavo is one of the cheapest exchanges in Europe.
Bitvavo is active in 27 European countries.
More than 200 Supported digital crypto currencies.
More than 1 million Active users on the Bitvavo platform.
Over 100 billion total traded volume.
Crypto is extremely popular.
Bitcoin is the best-known crypto currency. But Ethereum, Cardano and Solana have also grown into enormous crypto projects.
However, at Bitvavo you can trade in many more crypto currencies.
Create an account with Bitvavo now and pay no transaction costs on your first 10,000 euros!
Sign up with Bitvavo!What is Bitvavo?
The Bitvavo platform was launched in 2018 with the aim of bridging the gap between traditional currencies and digital currencies.
The platform has now grown into the largest and cheapest Dutch exchange, where you can easily and safely purchase, sell, deposit or withdraw different types of digital currencies.
Bitvavo distinguishes itself by the following features.
- An intuitive platform that is suitable for both beginners and experienced traders.
- A 'one stop shop' where it is possible to trade, store your digital currency or deposit or withdraw it.
- A competitive fee structure, which makes Bitvavo one of the cheapest exchanges in Europe.
- A very well-secured platform, where customer funds are largely stored in cold wallets.
- A multifunctional API that can be used to build many applications.
- A secure account by enabling two-factor authentication.
In addition, Bitvavo offers more than 200 different digital currencies.
Have you become enthusiastic? Then create an account immediately.
The main advantages of Bitvavo.
Extremely low trading costs.
The trading costs at Bitvavo are 0.03% to 0.25%.
This makes Bitvavo the cheapest exchange in the Netherlands.
Large selection of crypto coins.
With a range of 200+ crypto coins, there are more than enough cryptos for sale.
Bitcoin, Ethereum, Cardano, you can find them all at Bitvavo.
Safety has the highest priority.
Thanks to the account guarantee, your account is covered by Bitvavo up to €100.000,-.
How does Bitvavo work?
Bitvavo is an online trading platform where crypto currencies can be bought, sold, held and traded.
The Bitvavo website looks professional and sleek.
The design of the website is user-friendly and kept as minimalist as possible, making it easier to navigate and find the information you are looking for.
You can view all relevant information without unnecessary details.
Bitvavo aims to make crypto currencies accessible to everyone, and this is reflected in its approach.
They not only focus on the seasoned crypto trader, but they have also developed a very user-friendly trading interface especially for novice crypto traders.
For the advanced trader, there is an equally user-friendly interface where you can place multiple order types.
Create a Bitvavo account.
To buy crypto you must first create a Bitvavo account.
Creating a Bitvavo account is easy and not difficult at all.
Follow this link to create an account with Bitvavo.
Fill in your details and click on "Create account".
You will then receive an activation email at the specified email address.
Bitvavo login.
After you have created an account with Bitvavo, you will automatically be redirected to the Bitvavo login page.
Here you can log in to your Bitvavo account with your specified email address and password.
Identifying and verifying your bank account.
To verify your identity, you must be able to present an identity card, passport or driver's license at Bitvavo.
Additional documents may be requested to prove which country you live in.
In addition, you must first have your bank account verified by providing your bank details to Bitvavo.
Your account will then be verified by transferring a very small amount to your bank account.
Deposit money on Bitvavo.
To deposit money into your Bitvavo account, you can use various payment methods such as iDeal, PayPal, Sofortbanking, Banktransfer (SEPA), Bancontact, EPS uberweisung, and Giropay.
iDeal, Bank Transfer (SEPA) and Bancontact are free.
By the way, a payment with iDeal or Bancontact is directly credited to your Bitvavo account.
It is important that your bank account has the same name as the name of your Bitvavo registration.
Bitvavo interface.
Bitvavo focuses on beginners and more experienced traders.
There are two different interfaces available for this.
The basic interface has been specially developed for the novice trader.
Bitvavo App.
The Bitvavo App is available for Android and iOS and is free.
Make sure you install the official Bitvavo App.
Automatic regular purchase.
The Bitvavo app offers you the opportunity to buy crypto assets of your choice on a regular (monthly, bi-weekly or weekly) basis.
This way you automatically invest in crypto on a fixed schedule.
How safe is Bitvavo?
Bitvavo is safe.
This is one of Bitvavo's strongest points.
If you create an account and transfer money to your Bitvavo wallet, you are well protected.
Safety really comes first and they demonstrate this through several functionalities.
Feel free to read about the findings of other users on Trustpilot
Using a cold wallet.
When you decide to buy crypto via Bitvavo, you will automatically receive a Bitvavo wallet.
Maybe you've heard of hacks on exchanges?
In that case, someone can directly access your investment.
However, a smart precaution is being used.
The majority of the managed assets are stored on a cold wallet.
This is not connected to the internet and therefore cannot be hacked.
Only a small portion of the money is actually stored directly on the online platform.
Assets separated from organization.
This may sound a bit strange, but what this means is that in the event of bankruptcy, your money does not go to creditors.
Your money is linked to a separate bank account.
Many other major parties do this in a similar way.
Think of banks, insurers or airlines.
One less thing to worry about.
Is your money insured with Bitvavo?
Bitvavo offers an account guarantee to all its customers.
This means that if your account has been compromised and funds have been stolen, you are eligible for a refund of up to €100.000,-.
Security of online Bitvavo wallet.
In addition to the measures mentioned earlier, other things also play an important role in protecting your online wallet.
Bitvavo offers you the option to use 2-Factor Authentication (2FA).
This means that in addition to an email address and password, you also need another method of authentication.
Consider a telephone number or the Google Authenticator app.
You also have the option to protect your account with an anti-phishing code.
This allows you to immediately recognize when messages do not come from Bitvavo itself.
Finally, extra precautions have been taken regarding transactions.
Have you just changed your email address? Then you cannot withdraw your money immediately.
Do you want to transfer crypto to someone else's wallet? Then you must ensure that these addresses have been verified.
Customer service Bitvavo.
Customer service is available in Dutch and English.
Although telephone contact is not possible and you will only be helped by email and live chat, the service is good.
Emails are generally responded to quickly (within 24 hours).
With a head office in the Netherlands, they work with Dutch opening hours.
The live chat is available on working days between 9:00 AM and 5:00 PM.
While you can contact them by email between 9:00 a.m. and 9:00 p.m. on weekdays.
During the weekend you can get answers to your questions between 10:00 a.m. and 6:00 p.m.
The response times are good.
You will usually receive an answer within a day.
They also score well in this respect compared to other brokers where you often have to wait at least 2 days if you have questions or problems.
Furthermore, the Bitvavo team has set up a special support page.
Here you will find many answers to the most frequently asked questions.
Bitvavo trading fees.
Of course, it is also important to understand how the costs at Bitvavo are structured.
These are clear and can be divided into transaction costs and trading costs.
To get started you need to transfer money to your Bitvavo wallet.
In most cases there are no costs involved.
iDeal, Bank Transfer (SEPA) and Bancontact are free.
Other brokers often charge transaction costs for this.
This can amount to up to 3.5% of the amount you transfer.
Trading costs at Bitvavo are low.
A maximum of 0.25% of a trade is withheld as costs.
These costs can add up quickly, so always make sure you choose a provider with low trading costs.
This makes Bitvavo one of the cheaper exchanges.
Will you be trading frequently? Then these costs decrease depending on your trading volume.
What is Bitvavo staking?
With crypto staking, your crypto is used to validate transactions on the blockchain.
As a reward for this, you receive interest in the form of crypto.
You can also stake crypto at Bitvavo.
To stake crypto at Bitvavo you need an active account, and the coins you want to stake must be in your Bitvavo wallet.
Before you start staking at Bitvavo, it is wise that you have read carefully in advance and understand the staking conditions.
This means you will not be faced with any surprises afterwards.
Advantages and disadvantages of Bitvavo.
Advantages.
Large selection
Low costs
Clear platform
Safe to use
Disadvantages.
Many steps to create an account. However, this improves safety.
Do you want to get started right away after reading this Bitvavo review?
Then create an account now, and pay no transaction costs on your first € 10.000,-.