Best Crypto Exchange for Europeans – Members

Bitvavo Exchange (Europe only)

Bitvavo (Europe Only): For Europeans the best exchange to exchange fiat for crypto as cheap as possible.

Bitvavo is a European based exchange from the Netherlands, and it’s one of the best and cheapest crypto exchanges in Europe. The website first appeared in the European market in 2017, and they’ve been successful in their operations since then. In March 2019, the company decided to change their platform from a brokerage status to a complete exchange platform. However, the broker interface is still there, this makes it popular by beginning traders and advanced traders.

Key Features of Bitvavo

Intuitive interface: there’s no steep learning curve when dealing with Bitvavo even if you don’t have any experiences with crypto-trading. It’s easy to understand the platform.
Cheap: it’s extremely cheap for European citizens to convert euro to crypto. You don’t pay a high premium.
Bitvavo wallet: you can store all your cryptocurrencies on their wallet.
Verification process: they have an easy and fast verification process that you can complete in minutes.

Unique Selling point

On Bitvavo, you can buy cryptos directly from your bank account or you can use a common payment method that is available in your country. The supported payment methods are: iDEAL, Bancontact, MyBank, EPS, SOFORT, GiroPay and bank transfer.

It’s relatively easy to learn how to purchase cryptos, more importantly, you can look at a Bitvavo review to learn more about the platform.

Bitvavo Fees

The platform has a trading fee of 0.25% for market takers and 0.2% for makers. This makes it even cheaper than Coinbase Pro.

Pros

It has an easy to understand the platform.
Multiple cryptocurrencies available on the platform.
Multiple payment methods available with no premium.

Cons

Only available in Europe.
Requires verification to gain access.
No phone support (only email and live chat).