Trade or buy cryptocurrency

Unlocking Cryptocurrencies

Your First Steps into the World of Digital Assets

Are you considering your first venture into the world of cryptocurrencies, perhaps even looking to purchase Bitcoin or other digital assets for the very first time? This process can be surprisingly straightforward when you engage with an online exchange or broker.

However, it’s crucial to acknowledge the risk involved, given that the cryptocurrency market operates without regulation. While a cryptocurrency can experience a rapid surge in value, it can just as swiftly plummet. Therefore, it’s advisable to invest only what you can afford to lose completely. Keep in mind that crypto investments should represent only a small portion of your overall investment portfolio.

Start Your Journey with Bitvavo's User-Friendly Platform

Seamless Entry into Crypto

For those stepping into the world of crypto as novices, we recommend exploring our trusted partner, Bitvavo. Their platform boasts a user-friendly interface, making it exceptionally accessible.

Once you’ve established an account, purchasing popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dogecoin, Shiba Inu, or other altcoins becomes remarkably straightforward. However, before you can make your initial investment, a few verification steps are necessary to confirm your identity, a standard procedure known as KYC (Know Your Customer). Your trading journey commences once your account receives verification.

Crypto exchanges selection

Below is a selection of our favorite cryptocurrency exchanges.

Regulatory Confidence: Bitvavo is registered with De Nederlandsche Bank in Holland, ensuring compliance with the highest regulatory standards for secure cryptocurrency transactions. Buy Bitcoin safely and easily at one of Europe’s leading exchanges.
User-Friendly Platform: Enjoy a seamless trading experience with Bitvavo’s easy-to-use interface, suitable for both beginners and experienced traders.
Asset Protection Guarantee: Bitvavo segregates customer funds through the Bitvavo Payments Foundation, providing added protection against potential bankruptcy.
Efficient Identity Verification: Experience swift and automated identity verification, completing the process within minutes for a hassle-free onboarding experience.
Cost-Effective Trading: Benefit from competitive costs, with no fees on the first €10,000 of orders for new customers, making Bitvavo an economical choice.
Advanced Trading Tools: For seasoned traders, Bitvavo’s advanced platform offers market depth insights, Tradingview charts, and transparent trade overviews for a comprehensive trading experience.

Read our review

Visit Bitvavo

Affordable Trading: Enjoy ultra-low transaction fees of just 0.15%, providing significant cost savings compared to competitors.
Regulatory Compliance: Trade with confidence on a platform registered with De Nederlandsche Bank, ensuring adherence to strict regulatory standards.
User-Friendly Platform: Seamlessly navigate the crypto market with Finst’s intuitive and user-friendly interface designed for both beginners and experienced traders.
Crypto Bundles: Diversify effortlessly with unique crypto bundles, simplifying investment decisions and offering exposure to curated crypto market segments.
Transparency in Operations: Experience operational transparency with insights into Finst’s business structure and cost mechanisms.
Security-Driven: Prioritize security with features like segregated accounts and partnerships with trusted entities like Fireblocks, ensuring a secure trading environment.

Read our review

Visit Finst

Free bitcoin course

Bitcoin and crypto explained

Read our free bitcoin course: an ideal entry point into the vast realm of Bitcoin and cryptocurrencies.

Centralized exchanges

One of the primary advantages of utilizing services like Bitvavo lies in their user-friendliness. Even if you possess limited knowledge of blockchain technology and cryptocurrencies, these platforms allow you to buy digital assets and leverage their online wallets with ease. This convenience makes them the perfect starting point for beginners seeking their first taste of the cryptocurrency world. Nonetheless, these platforms aren’t solely reserved for beginners; they also offer appealing features for more experienced users. For instance, you can employ their payment cards to spend your crypto in physical stores and online outlets. This can be as simple as regularly transferring an amount from your hardware wallet to an exchange wallet, facilitating easy spending of your Bitcoin or other cryptocurrencies.

It’s worth noting that the primary drawback of these online services is their centralized nature. Opting for these platforms entails entrusting a central entity with the management of your wallets, which somewhat contradicts the decentralized philosophy that underpins cryptocurrencies. Such services might, in some instances, freeze your account or, in the unfortunate event of a security breach, expose your cryptocurrency to potential theft. For those with a long-term investment perspective, it’s generally advisable to employ a personal physical or hardware wallet. We’ll delve deeper into this topic shortly.

The best crypto exchanges

Selecting the right platform is crucial in your crypto journey. Factors like reliability, security, ease of use, and trading costs should top your checklist. Your choice depends on your specific needs, especially considering that not every platform offers the same array of altcoins.

In the ever-evolving world of crypto, sticking with reputable, well-regulated platforms in Europe is a smart move. Opting for a platform where customer funds are separate from the company’s ensures a safety net, offering assistance in your language if anything goes awry. European regulations are designed to prevent major mishaps like the catastrophic collapses witnessed in platforms such as FTX and Mt. Gox.

Finst and Bitvavo, two user-friendly Dutch platforms, stand out in the crowd. Bitvavo, a market leader, boasts an extensive range of crypto coins and an advanced version for seasoned investors and short-term traders. On the other hand, Finst, a relative newcomer founded by DEGIRO stock trading platform alumni, positions itself as a price breaker. With a focus on user-friendliness, Finst charges lower commissions, making it an attractive choice for new crypto investors entering the market.

1 Bitcoin = 100 million Sats

Should I buy a whole bitcoin?

Wondering if you should go all-in and buy a whole bitcoin? The truth is, you don’t have to! Investing in bitcoin doesn’t have to break the bank. While a full bitcoin may be valued at 25,000 euros or even more, you can get started with as little as 10 euros.

Enter Satoshis or Sats, named after the enigmatic creator of Bitcoin, Satoshi Nakamoto. Picture this: one bitcoin breaks down into 100 million Satoshis, with the smallest unit being a mere 0.00000001 BTC. Now, at a bitcoin price of 25,000 euros, you’d need just 4,000 Sats to make a euro.

Imagine, you can toss 10 euros to a crypto exchange, and voila! You’re now the proud owner of 40,000 Sats or 0.00040000 BTC. Getting into Bitcoin doesn’t demand a hefty investment. For crypto newbies, diving into the world of Satoshis provides an affordable gateway to grasp the intricacies of Bitcoin and blockchain technology without burning a hole in your wallet.

Bitcoin price in euro

Live bitcoin price chart