Bitvavo
exchangeAFM-licensed Dutch exchange under MiCA since 2025. Majority of funds in cold storage. Quarterly proof of reserves. April 2024 data breach — no crypto lost.
Platform Information
Founded
Headquarters
Two-Factor Authentication
An extra login step that protects your account even if your password is stolen.
Custodial
The platform holds your crypto on your behalf — you don't control the private keys.
KYC Required
Know Your Customer — you must verify your identity before trading or withdrawing.
Proof of Reserves
The platform publicly proves it holds enough assets to cover all customer funds.
Insurance
Customer funds are covered by insurance in the event of a hack or platform failure.
Supported Chains
About Bitvavo
Bitvavo is a Dutch crypto exchange founded in 2018 and headquartered in Amsterdam, Netherlands. With over 2.3 million users and an estimated 50% share of euro spot trading in Europe, it is the largest EUR spot exchange on the continent. The platform lists 430+ cryptocurrencies, offers maker/taker trading fees from 0.00% to 0.25%, and supports SEPA and iDEAL for euro deposits and withdrawals. Since December 2025, Bitvavo has offered short selling on major assets including Bitcoin, Ethereum, and Solana.
Security
- Cold storage: The majority of customer assets are held offline through Coinbase Custody International (insured up to EUR 255 million) and Copper Custody (insured up to EUR 500 million).
- Segregated funds: Customer assets are held through Stichting Bitvavo Payments, a legally separate foundation, providing separation from company assets.
- 2FA and access controls: Two-factor authentication, withdrawal address whitelisting, and IP-based monitoring are standard.
- Account Guarantee: Bitvavo covers up to EUR 100,000 per account against losses from unauthorized access.
- Proof of Reserves: Quarterly attestations are published by The Network Firm, confirming 1:1 backing of customer balances with no fractional reserves. Data centers are ISO 27001-certified with regular external penetration tests.
Regulation
- Registered with De Nederlandsche Bank (DNB) as a crypto service provider since 2020.
- In June 2025, Bitvavo received a full MiCA license from the Dutch Authority for the Financial Markets (AFM), authorizing custody, trading, and crypto transfer services across all 30 EEA countries.
- Also registered with the French AMF as a PSAN.
Incident History
No customer crypto funds have been lost in a security breach. Notable incidents:
- September 2022: A data exposure affected eight users; no funds were lost.
- January 2023: EUR 280 million lent to Digital Currency Group was temporarily frozen when that company entered a liquidity crisis. Bitvavo stated the funds were later recovered.
- April 2024: A limited customer data breach occurred with no crypto stolen. It was also disclosed that senior management had access to customer personal data until spring 2024. The former CEO departed in 2024.
Availability
Bitvavo operates across the EEA under its MiCA passport and is also available in the United Kingdom. EUR deposits and withdrawals via SEPA and iDEAL are supported. KYC verification is required.
Security & Score
Platform Safety Score
Based on incident history, security features, and track record
Security Features
Regulatory Information
Regulated In
Jurisdictions where this platform is officially licensed and subject to financial oversight.
Area Served
Countries or regions where this platform is available to users.
Notes
Registered with De Nederlandsche Bank (DNB) as a crypto service provider.
Incident History
No incidents recorded for this platform.
Frequently Asked Questions
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