Bitvavo, the Amsterdam-based cryptocurrency exchange platform with 1.5 million users in Europe that 11Onze recommends, dethrones Binance as the leading European exchange in euro crypto trading volume. 

Registered with the Central Bank of the Netherlands and headquartered in Amsterdam, Bitvavo is one of the leading exchanges in Europe and already has 1.5 million users on the continent. It launched in 2018 offering reasonable fees, security, and a simple and easy-to-use platform that has made it an ideal choice for beginners and experienced users alike.

Although some international cryptocurrency exchanges based in the US offer trading in euros without being officially based in the EU, there are several cryptocurrency exchanges based in Europe, such as Bitvavo, that specialise in trading services for European customers.

Since its founding, Bitvavo has climbed to the top spot among European platforms, overtaking Binance and amassing more than €26 billion in trading volume by 2023. In the cryptocurrency markets, the euro continues to gain ground on the dollar, doubling its market share to 17.2%.

Bitvavo’s differentiating factors

Bitvavo is regulated by the Dutch Central Bank, which ensures compliance with European regulations, and its users have access to the Deposit Guarantee Fund, so that up to €100,000 could be recovered in the event of the exchange’s bankruptcy.

In addition, Bitvavo offers a ‘Recurring Buy’ option, which allows you to automatically buy and invest in cryptocurrencies without the need to constantly monitor the market. This way, you can minimise the impact of market fluctuations and gradually build up a stable cryptocurrency portfolio.

Oriol Blanch, Affiliate Marketer at Bitvavo, details the three key points that in his opinion make Bitvavo one of the preferred platforms among European users:

• Main cryptocurrency exchange in euros.
  This allows you to buy directly in euros without going through any other currency. It is therefore ideal for EU residents.
• Lowest and most transparent commissions on the market.
  With Bitvavo you can buy at the best price. This is thanks to low trading fees. In addition, before you fulfil each transaction, you can see when you are paying commissions.
  High liquidity within Bitvavo markets that offer a very low ‘Spread’ (price differential between buyer and seller).
• Security. – Bitvavo offers security measures that make it the most secure exchange. Account guarantees, cold wallet safekeeping and anti-phishing measures.

Signing up to the platform is quite easy, you can do it via the 11Onze Recommends link.