Review of Bitvavo

Bitvavo combines the ease of use of a broker platform with the low fees of a digital exchange to let you buy, sell, and store more than 50 cryptocurrencies.
By: Theodor Tonca
Theodor Tonca
Having worked for a decade as an analyst, investment partnership founder, and writer - Theodor is a keen sportsman. When not… read more.
Updated: Aug 10, 2021
3.5/5 Star rating
15 min read
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Bittrex is the largest digital asset exchange in the Netherlands. It’s vision is to bring its customers the best of both worlds in a combination broker and exchange platform. That platform is available to millions of users across Europe.

Pros & Cons

Pros:

Simple and easy exchange to get started with
Fixed trading fees
Targeted at high volume traders

Cons:

What can I do with Bitvavo?

You can buy and sell 60 different cryptocurrencies. Bitvavo provides a straightforward, no-frills platform for buying and selling an assortment of coins that includes all the most popular options.

The exchange was launched in 2018 with the stated mission of making digital assets accessible to everyone. It offers transparent fees, a wide range of assets, and an easy to use platform, accessible to anyone.

Bitvavo cryptocurrencies and trading options

What cryptocurrencies can you trade on Bitvavo?

There are about 60 coins in total, including Bitcoin, Ripple, and Ethereum. Although 60 is a relatively low number for a platform like this, it does include all of the top coins and lets you buy them with Euros.

Major cryptos traded on Bitvavo

  • Bitcoin
  • Bitcoin Cash
  • Ripple
  • Ethereum
  • Ethereum Classic
  • Zilliqa
  • Chainlink
  • Holo
  • VeChain Thor
  • Gas
  • Enjin
  • Cardano
  • ICON
  • Ontology Gas
  • VeThor Token
  • Litecoin
  • DigiByte
  • Komodo
  • Waves
  • Verge

Bitvavo core currency pairs

  • Bitcoin/Ethereum
  • Bitcoin/Ripple
  • Bitcoin Cash/Ethereum Classic
  • Bitcoin Cash/Bitcoin
  • Bitcoin/Litecoin
  • Bitcoin/VeThor Token
  • Bitcoin/Verge
  • Bitcoin Ontology
  • Bitcoin/NEO
  • Bitcoin/Chainlink
  • Bitcoin/GAS
  • Bitcoin/Enjin
  • Bitcoin/Cardano
  • Bitcoin/Ark
  • Bitcoin/Basic Attention Token
  • Bitcoin/Aion
  • Bitcoin/Bitcoin SV
  • Bitcoin/Decred
  • Bitcoin/Digibyte

All Bitvavo trading options

Bitvavo is a spot trading platform so it doesn’t offer any futures or derivative trading options. It’s simply a place where you can buy and sell cryptocurrencies directly using Euros or Bitcoin as the payment method.

ProductOffering
Cryptocurrencies59
Crypto pairs57

Can I trade with leverage on Bitvavo?

No, Bitvavo does not offer any leveraged trading at this time.

What are the spreads?

Instead of variable spreads, Bitvavo charges fixed maker and taker fees on every transaction made through its platform. The full fee structure is laid out in more detail below.

Fees, limits, and payment options on Bitvavo

What are the deposit and withdrawal fees, limits, and speeds?

They vary by payment method. There are eight different ways to deposit money on Bitvavo, all with their own transfer speeds and fees. The full details are listed in the table below:

Payment methodDepositWithdraw
SEPA Bank Transfer
– min/max
– fees
– speed
Yes
€30
Free
2-3 Business Days
Yes
€25,000 per day
Variable
3-5 Business Days
iDeal
– min/max
– fees
– speed
Yes
No limit
Free
Instant
Yes
0/2 BTC per day
Blockchain fees
Up to 4 hours
SoFort
– min/max
– fees
– speed
Yes
€5
Free
Instant
Yes
€10,000
Variable
Instant
Giropay
– min/max
– fees
– speed
Yes
€5
Free
Instant
Yes
€1,000
1.75%
Instant
MyBank
– min/max
– fees
– speed
Yes
€5
Free
Instant
Yes
€5,000
1.50%
Instant
Bancontact
– min/max
– fees
– speed
Yes
€5
Free
Instant
Yes
€10,000
Free
Instant
EPS Überweisung
– min/max
– fees
– speed
Yes
€5
Free
Instant
Yes
€1,000
1.75%
Instant

How much are Bitvavo’s fees and commissions?

Bitvavo’s fixed maker and taker fees are based on your trading volume over the last 30 days. They start at 0.25% on the taker side and can go as low as 0.04%, in the unlikely event that you are an institution with monthly trading volume of more than €25,000,000.

Fee typeFee amountCommission
Crypto tradingStarts at 0.25% Taker & 0.15% MakerNone

Bitvavo trade sizes and limits

There is a minimum trade value of €5, which applies to all cryptocurrencies on the platform. There is no maximum trade size.

ProductMinimum tradeMaximum trade
Cryptocurrencies€5None

Bitvavo trading platform

What devices can I use Bitvavo on?

Bitvavo is currently only accessible via a web browser, with no mobile app currently planned.

  • Web browser
  • Tablet

Can I use Bitvavo in my country?

Bitvavo is available in 26 European countries, including Spain, Denmark, Switzerland, and the Netherlands, among others.

Is Bitvavo available in my language?

Bitvavo’s support section is available in 6 languages, including English, German, French, and Spanish.

How easy is it to use Bitvavo?

Bitvavo’s exchange is easily accessible with just the click of a button from its homepage. Once you are on the web-based platform, navigation is straightforward with a ‘buy’ and ‘sell’ box on the left hand side, and market depth and other charts front and center.

In other aspects, such as in terms of trading tools, the exchange is rather bare bones and simplistic. That caters to beginner investors but it might not offer enough to interest anyone looking for more advanced features.

Key features

Bitvavo keeps its exchange feature-light but there are some features which make it more appealing, such as the ones below:

Free hosted wallet

Bitvavo provides a hosted wallet in which your digital currencies can be stored easily and securely. This is one of the perks that comes along with your free Bitvavo account and the exchange will automatically provide you with a hosted wallet for every digital currency it has available for trading.

Semi-customisable exchange interface

Bitvavo’s simple and easy to use exchange is quite customisable. It offers chart drawing tools, collapsible sections, and even a night and day mode so that you can create a platform that suits your needs.

Low fixed fees for high volume traders

With maker fees starting at 0% and taker fees at 0.04% for volumes of more than €25,000,000 per month, Bitvavo offers some of the lowest fixed fees for volume traders.

Security and regulation

Is Bitvavo safe?

Bitvavo has taken steps to secure client data and protect funds by introducing various security settings, such as device & IP management and a withdrawal whitelist.

Am I and my cryptocurrency protected?

Bitvavo is not a regulated or insured exchange with any governmental agency. Thus any funds kept in your Bitvavo hosted wallet are not protected.

Is Bitvavo regulated?

Bitvavo is registered with the Dutch Central Bank (DNB) as a provider of digital asset services. However, the DNB only supervises Bitvavo’s compliance with the Money Laundering and Terrorist Financing Prevention Act and the 1977 Sanctions Act and there is no specific consumer protection built in.

Do I have to verify my account with Bitvavo?

Yes, in order to open an account with Bitvavo, you will need to verify both your email address, telephone number, and bank account before you can begin live trading.

Extra information

Educational resources 

Apart from its support section and the occasional post on the company blog, Bitvavo does not make any educational resources available to its clients whatsoever.

Tools and charting

Bitvavo’s exchange features can best be described as standard, but nothing more. Beyond different timeframes, trade indicators, and live market data, there is little functionality one can take advantage of and there are no advanced features.

Customer support

Bitvavo’s customer support section is expansive, with documentation and resources on just about everything you would want to know. From getting started to deposits and withdrawals, and much more.

While there is no live chat support, there is a support email that can be contacted any time should you find yourself in need of additional assistance.

Our verdict

Bitvavo is an exchange that’s best for novice traders. It has a clean interface and a straightforward trading platform, and combines those with a plethora of support guides to help you get started. However, beyond that it’s quite limited.

To start with, 60 cryptocurrencies is only an adequate range of coins. Then there is no mobile app, desktop trading platform, or advanced features. The latter omission is particularly glaring as Bitvavo has set out its stall to cater to high volume traders. 

For these reasons and the lack of emphasis on educational resources (none are offered), we believe there are platforms out there that offer much more than Bitvavo does at this time.

How to buy and sell cryptocurrency with Bitvavo

How to buy crypto on Bitvavo

  1. Go to the bitvavo.com website, login to your account, and click on “Exchange” in the header menu
  2. On the left hand side you will see a Buy & Sell order box
  3. Simply fill in your trade info (type of coin, quantity, price and any other criteria), click continue, confirm your order and that’s it

How to sell crypto on Bitvavo

  1. Go to the bitvavo.com website, login to your account, and click on “Exchange” in the header menu
  2. On the left hand side you will see a Buy & Sell order box
  3. Fill in your sell order info (limit/market/stop limit, quantity, and price) click continue, confirm your sell order
Who owns Bitvavo?
How does Bitvavo make money?
Do I have to pay tax on Bitvavo profits?
How do I delete my Bitvavo account?
How can I short on Bitvavo?
What if I forget my account password?
Can I transfer from my Bitvavo account into my PayPal account?
What if Bitvavo closes down while I have open trades?
Can I access my full trading history on Bitvavo?
Can I pay in cryptocurrency with Bitvavo?
Does Bitvavo offer bonuses?
How do I transfer from Coinbase to Bitvavo?
Is Bitvavo anonymous?
Does Bitvavo have an integrated wallet?
How do I withdraw from Bitvavo?
Has Bitvavo ever been hacked?


Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

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Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Theodor Tonca
Financial analyst
Having worked for a decade as an analyst, investment partnership founder, and writer - Theodor is a keen sportsman. When not working, he can most commonly… read more.

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