What is Bitvavo?
Bitvavo is a centralized market-based in Amsterdam, Holland, and was launched in Mar 2019. Bitvavo has become the most extensive digital exchange in the Netherlands and one of the leading European cryptocurrency exchanges. Bitvavo’s goal is to bridge the gap between traditional currencies and digital assets. Bitvavo also has a mission to make digital assets accessible to everyone by offering transparent fees, a wide range of assets, and an easy-to-use platform. Bitvavo’s vision is Bitvavo offering users the best of both worlds by the comfort of using a stockbroker platform and the moderate payments of digital asset exchange. Find out more: https://www.crypto.nl/bitvavo/
Three easy steps to start using the Bitvavo app. First, you must sign-up. Create an account with which you can purchase, trade, transfer, obtain, and digital deposit assets. You can access your Bitvavo wallet from every location, use mobile and desktop. The next step is to convey funds. Transfer euros to your e-wallet utilizing one from the eight affirmed payment methods in this platform, including credit cards. The last step is trading. Purchase or trade more than 50+ digital assets and pay a maximum trading fee of 25% digital cryptos to the external wallet or save them on your Bitvavo e-wallet.
Bitvavo app is also available in the google play store. You can easily install the app with your smartphone. Bitvavo app reached a rating of 3,8 on the google play store. Bitvavo app has 17 MB size app. You can also visit bitvavo.com for future information.
How safe is Bitvavo?
Bitvavo guarantees the security of your Bitvavo-account. Ensuring your information, trading account, and some assets is Bitvavo’s foremost priority. Bitvavo offers the user various options to ensure their Bitvavo-account and their assets. Discretionary security frameworks are granted and delivered as clearly as possible to guarantee that Bitvavo members are well-protected toward security-related disturbances. Bitvavo is also equipped with various security features such as anti-phishing protection, security notifications, withdrawal whitelist, device and IP management, and two-factor authentication (2FA).
Bitvavo practices many actions to secure and safe Application access for its users. Set up a secure Application environment by explicitly giving read, trade, and withdraw access. Use IP and withdrawal address whitelist to protect yourself against malicious requests or withdrawals. Bitvavo has other security features such as permission-bassed-access, IP whitelist, withdrawal address whitelist. Even though Bitvavo designs its systems from the first perspective and uses third-party code reviews to review its procedures for vulnerabilities, if you find a glitch or latent security issue, you can reach Bitvavo at [email protected].
To make an account and use Bitvavo’s service, Bitvavo will need you to give them some crucial information about yourself. But you don’t have to worry, Bitvavo has a security system, as I mentioned before. This information is either compulsory by law or essential to give the services needed. Bitvavo will ask your personal information such as your full name, birth date, your gender, nationality, your country, your address, a photograph for verification, your number, your email, and or other information you might provide about your reputation or background Bitvavo also asks you to provide them your formal identity like passport, your Driver’s License, and much other information.
Periodically, Bitvavo can get your data from third-party as needed or allowed by the laws and the regulations. This third-party can include public databases and blockchain data. Your data will be used to comply with laws and regulations. Your data are going to be utilized for several purposes. For instance, Bitvavo needs to recognize and verify its customers by using its services to obey the anti-money laundering policy like the Dutch Money Laundering and Terrorist Financing. Bitvavo manages delicate data, starting from your description and monetary record. Thus, it is very crucial for Bitvavo to observe vigorously, investigate, counter, and lessen any possible banned or unauthorized activities, or counter and notice an infringement of the user agreement and other services agreements.
Does anyone use Bitvavo?
Bitvavo focuses not only on the expert dealers but including on newcomers by granting an easy purchasing and trading system plus a user-friendly website. Another great benefit of Bitvavo is this platform can be considerably inexpensive. You, consequently, spend reasonable trading charges per buying and selling than with another broker. You can purchase, trade, store, depart and exchange 58+ cryptos, and the promo is constantly refreshed. You can pick from the more prominent crypto like Bitcoin, but also smaller projects like Chainlink and Vechain.
In the Bitvavo app, you can use two modes. First is the simple model. In a simple manner, you are just executing market buys without seeing for what price you are buying. When you use the pro mode, you can see the market depth and the prices you will pay for the market buy. For an alternative, you can submit a limit buy-in pro mode.
Bitvavo exchange program is ready from March 2019. An exchange is a transaction program where you are able to trade various cryptos. The distinction between a dealer and an exchange is that a dealer is frequently concentrating on newbie investors who need an easy-to-use platform. An exchange normally makes use of the order book and connected customers and sellers. The Bitvavo exchange program works flawlessly for skilled buyers and for the newbie who needs to understand an exchange more. It is flawlessly incorporated with your individual bank account, so you are able to take and put money faster.
You probably know that there are brokers and exchange payments for each trade that you conduct on the Bitvavo. Fortunately, the Bitvavo platform is one of the affordable brokers that exist in Europe. You can value Bitcoin in the forum. The Bitvavo payment will never surpass a 0,25% payment for each transaction. Even if you invest a little, choosing a cheaper broker can keep you some spare money. If you want to trade in cryptocurrency, these discrepancies can help you. You can also get compensation when you do more transactions in the exchange. If your marketing is more extensive, your rewards will also increase.