Bitvavo
Exchange Fees
Deposit Methods
Cryptos (94)
Bitvavo Review
What is Bitvavo?
Bitvavo is a cryptocurrency exchange from the Netherlands. It was initially registered with the Dutch Central Bank (DNB), but is now also registered in France and Austria. The Netherlands is in many ways one of the crypto-hubs in Europe. At this trading platform, you can currently trade 175+ different cryptocurrencies.
Bitvavo Trading Volume
On the date of first writing this review (26 May 2020), Bitvavo stated on its website that it had a total exchanged volume of over EUR 100 billion on the platform. On the date of last updating this review 4 November 2024, Bitvavo's 24-hour trading volume was $1,089,793,431.94,
US-investors
To our understanding, Bitvavo is not open to US-investors. For any investors interested in picking a new crypto exchange, just use our Exchange Filters and we'll guide you right.
Bitvavo Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. The below is a picture of the trading view at Bitvavo (when not signed in):
Bitvavo Fees
Bitvavo Trading fees
Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. Makers make the liquidity in a market and takers remove this liquidity by matching makers’ orders with their own.
Bitvavo's trading fees for takers are 0.25%. This fee is in line with the industry average. The exchange also offers a small discount to makers, who trade at a fee of 0.15%.
Finally, the trading fees are reduced as the trader increases trading volumes. They can go down to as low as 0.04% for takers and as low as 0.03% for makers. This is the full table of trading fee discounts (volume based on your preceding 30 day trading volume):
Bitvavo Withdrawal fees
Bitvavo's withdrawal fee is 0.00005 BTC per BTC-withdrawal. This fee is in line with the industry average. The global industry average BTC-withdrawal fee the last time we at Cryptowisser did a full-blown empirical study of it was approx. 0.0006 BTC per BTC-withdrawal. But today, we see more and more exchanges charging 0.0005 BTC per BTC-withdrawal, so one could argue that 0.0005 BTC is starting to become the new industry average.
You can find a full table of fees at Bitvavo here.
Deposit Methods
Bitvavo does offer fiat currency deposits and you can deposit fiat money using one of the eight payment methods including PayPal and SEPA. There are no absolute fees involved, meaning that Bitvavo does not charge any fees on their end, so you would only pay fees that are applied by your payment provider (relative fees).
However, as Bitvavo at all accepts fiat currency deposits, it qualifies as an “entry-level exchange” where new cryptocurrency investors can take their first steps into the thrilling cryptocurrency world. These are the various deposit methods that are accepted here (and fees involved with each such deposit method):