Bitvavo offers its services to clients from more than 24 countries, while offering more than 50 assets for trading. The cryptocurrency trading platform is very simple and together with the low crypto trading fees (0.25%) give Bitvavo a serious advantage for selecting it as the best European cryptocurrency exchange.
Deposits can be processed in Euros via SEPA Bank transfer and other eBanking payments methods (like iDeal and SOFORT). Once a deposit is confirmed, a client can trade or exchange cryptocurrencies while there is also a service for staking cryptos. There are also payment methods with minimum or zero fees involved.
A user can stake several cryptocurrencies (Bitcoin, Cardano, Ethereum, Litecoin, VeChain Thor, Tezos, Icon, etc) and earn passive income and annual interest depending the staking digital asset. Stablecoins like Tether (USDT) and USD Coin (USDC) can also be staked for earn interest rewards. Crypto interest varies from 0.79% up to 10.50% as the estimated percentage reward.
A standard Know Your Client (KYC) verification procedure is a must and clients should provide a proof of identity and proof of residence supported documentation.
For more details and clarifications, we advise you to contact Bitvavo's support Department for any further query you may have in regards of deposit methods and fees, crypto trading questions, withdrawal and verification queries.