The first impression that Bitvavo leaves is the professional aspect. The website looks good and clean. So you see all the information you need and that's it. This provides a nice overview and also ensures that the website is easy to navigate.
Bitvavo aims to make crypto currency available to everyone. The website's slogan is Digital Currency for All. In order to make crypto currency available to everyone, the website is simple and everyone can quickly find their way. In case of any problems, Bitvavo has a separate support platform where you can also chat with employees. This can be done on weekdays from 09:00 to 17:00 and on Saturdays from 10:00 to 18:00. Not all brokers are accessible on weekends, so this is definitely a plus. Unfortunately, Bitvavo cannot be reached by phone, but fortunately, e-mail is an option. We asked a series of questions and received a response from the helpdesk within 30 minutes. The entire Bitvavo site is in Italian and you can also speak in Italian via chat.
For all crypto currency you buy through Bitvavo, Bitvavo offers a free wallet. You need a wallet to store and manage your crypto currency. So you can store all your crypto currency in one place within Bitvavo. This is particularly useful for the overview and ensures that everyone can trade in crypto currency. In this Bitvavo review we will discuss trading, exchanging, verifications, limits and costs in more detail.
Bitvavo currently has more than 52 different crypto currencies that you can buy and sell. Of course you can choose between the big boys like Bitcoin and Ripple, but you can also invest in various altcoins. On the website you will have a convenient overview by currency in which you can follow the exchange rate. On our website you can see who is currently the cheapest Bitcoin broker.
As with any broker you will first have to create an account before you can start buying crypto currency. Bitvavo's registration process is simple and easy. To create an account, all you need is your name, email address and password. Once you have entered this information, you will receive an e-mail with a confirmation link and your account will be created. You can already start buying and selling crypto currency, but up to a limit of 2500 euros. Below we will tell you how to increase this limit.
It is not a bad thing to protect your extra account and it is recommended by Bitvavo. You can enable 2FA (two-factor authentication) as a second title on your account. For this you need a smartphone with the Google Authenticator application. This step isn't mandatory, but you certainly don't want other people to be able to access your crypto currency. Don't forget to store the recovery code correctly and securely.
Before you can buy crypto currency on Bitvavo, you need to deposit money into your account. This can be done easily via credit card, Postepay, CartaSi, SOFORT or Mybank. Please note that the name you entered in Bitvavo matches the name associated with your bank account. After depositing money into your account, you can choose one of the crypto currency coins on the dashboard and purchase it.
There is also a very competitive affiliate program where you earn 15% of the commissions of the invited users.Invite friends, earn rewards
The users you invite don't have to pay any negotiation fees for the first $ 1000 in the first week. Save your friend's costs by inviting them through your affiliate link.
If you stay around the world of cryptocurrency a little longer, you may know that Bitvavo is one of the cheapest brokers.
For some brokers, the average commission can be around 2%. On Bitvavo you pay a maximum commission of 0.25% per transaction. If you want to invest large amounts of money in crypto currency, this difference can save you several euros. The advantage of Bitvavo is that this low fee is calculated even on small amounts and always applies.
For some weeks they have also activated a staking service, but if I have to tell the truth with too low percentages in my opinion.
Is Bitvavo reliable and safe?
Bitvavo is one of the largest Dutch players in the cryptocurrency market and has the complete platform for Italy at its disposal.
Bitvavo has several security measures on the site, such as the different verifications to be made and support for Google Authenticator.
Bitvavo has shown in the relatively short period that they are active that are growing a lot. I can say with certainty that this Bitvavo is reliable and definitely recommend Bitvavo. However always remember that I am not a financial advisor and that before using an exchange to inform you well, mine is not an advice to invest!