Bitvavo vs BSDEX Comparison
In our overall rating Bitvavo leads with 3.3 out of 5 points, ahead of BSDEX with 2.9. On disclosed fees Bitvavo is cheaper: 0.25 % instead of 0.35 % trading fee, which means € 2.50 instead of € 3.50 per €1,000 purchase. If you care most about usability, features, and stability, Bitvavo has the better sub-scores, while BSDEX leads on support.
| 0.25 % | Fees | 0.35 % |
| € 2.50 | Minimum cost per €1,000 | € 3.50 |
| 428 | Cryptos | 10 |
| SEPA Instant Transfer, SEPA Transfer | Payment Methods | SEPA Transfer |
| MiCA license via Netherlands AFM | Regulation | Custodian of cryptocurrencies (Boerse Stuttgart Digital Custody GmbH) has a BaFin license. |
Cost comparison
The basis is a Bitcoin purchase worth €1,000, calculated from the disclosed trading fee. A price markup in the spread is not included, because most providers do not publish it.
| € 2.50 | Minimum cost per €1,000 | € 3.50 |
| 0.25 % | Fees | 0.35 % |
| € 1.31 | Wallet transfer | € 0 |
| Yes | Cost transparency | Yes |
| € 5 | Minimum Amount | € 10 |
| SEPA Instant Transfer, SEPA Transfer | Payment Methods | SEPA Transfer |
On disclosed fees you pay €1.00 less at Bitvavo per €1,000 purchase.
Bitvavo charges maker and taker fees that fall with your trading volume over the last 30 days. SEPA deposits and crypto deposits are free, and all 428 coins trade directly against the euro.
| Transaction | Cost at Bitvavo |
|---|---|
| Crypto against euro, entry tier | 0.15% maker, 0.25% taker |
| Trading from EUR 100,000 volume in 30 days | 0.10% maker, 0.20% taker, falling further to 0.00% and 0.02% from EUR 100 million |
| Trading on USDC markets | 0.05% maker and taker |
| Stablecoin pairs such as USDC/EUR | 0.10% maker and taker, EURC/EUR 0.00% maker and 0.01% taker |
| Deposit via SEPA, iDEAL or Bancontact | free |
| Deposit via credit card, Apple Pay, Google Pay or PayPal | 1% |
| Deposit via EPS transfer | 1.75%, up to EUR 1,000 |
| EUR withdrawal via SEPA | free |
| Crypto deposit | free |
| Crypto withdrawal | fixed fee per coin, e.g. 0.000018 BTC (about EUR 1.31) or 0.00033 ETH (about EUR 0.71) |
| Margin trading | borrowing fee 0.0023% per hour, liquidation fee 2% |
| Recovery of crypto deposited incorrectly | EUR 50 administration fee |
How to save: Trading as a maker, i.e. placing a limit order on the order book, costs EUR 1.50 instead of EUR 2.50 as a taker on EUR 1,000. Deposit via SEPA instead of by card, which saves EUR 10 on EUR 1,000. Bundle crypto withdrawals, since the fee applies per withdrawal. We compare other exchanges with maker and taker fees in our crypto exchange comparison.
As of 22 October 2026 according to the Bitvavo fee page (accessed from Germany, deposit fees may differ by country) and the Bitvavo API (coin count, withdrawal fees; euro values at the 22 October 2026 rate).
Bitvavo bonus and referral programme
Bitvavo runs a referral programme: if you open your account through an existing customer's personal link, you both receive a benefit whose type and amount Bitvavo sets per campaign. The conditions are part of Bitvavo's user agreement (version of 15 July 2025). As of 24 October 2026.
Not enough reviews available.
Pros & Cons
- MiCA licence from the AFM since 26 June 2025, valid across the EU
- All 428 coins tradable directly against the euro, no detour via a stablecoin
- Trading from 0.15% maker and 0.25% taker, falling to 0.00% and 0.02% with volume
- Free SEPA deposits and free euro withdrawals
- Account guarantee of up to €100,000 for unauthorised account access
- Savings plan, staking and leverage of up to ten times on 20 coins
- Credit card, Apple Pay, Google Pay and PayPal cost 1% each
- Staking and lending currently outside MiCA supervision, according to Bitvavo
- Euro balances held as e-tokens, without a statutory deposit guarantee
- Crypto withdrawals carry a fixed fee per coin, 0.000018 BTC for Bitcoin
- All 10 cryptocurrencies trade directly against the euro
- Trading and custody under BaFin supervision, custody with Boerse Stuttgart Digital Custody GmbH
- Wallet transfer always free
- The advertised 0.20 % applies to maker orders only. Buying with a market order, which is the normal case, costs 0.35 %, that is 75 % more.
- Only 10 cryptocurrencies, far fewer than at large exchanges
- No savings plan and no staking available
- Only SEPA bank transfer as a payment method
- Two-factor authentication via SMS only, no authenticator app
- Weak app ratings: 1.5 stars on Google Play
Score Comparison
User Experiences
AI AnalysisUsers generally report mostly positive experiences with Bitvavo, especially regarding usability and costs. In the reviews, the clear app and low fees are often praised, while support and technical reliability are also mentioned more critically.
User reports on BSDEX overall paint a mixed picture: the clear layout, easy usability and low fees are mentioned frequently, while technical hurdles with login and app usage are also noted in the reviews.
This analysis is based on 606 user reviews from Apple App Store, Trustpilot, and Google Play Store evaluated with AI. The total number of reviews on the respective platforms may be higher; the platform ratings shown (star ratings) refer to all reviews available there. The reviews presented reflect user experiences and do not represent the site operator’s own assessment. All information is provided without guarantee. Status: April 2026. This comparison does not constitute investment advice.
Features
| available | Savings plan | not available |
| available | Staking | not available |
| available | Wallet transfer | available |
| available | Cost transparency | available |
| available | 2FA security | available |
| available | Anti-phishing code | not specified |
| available | SEPA instant transfer | not specified |
| available | Credit card | not available |
| available | Mobile app (iOS/Android) | available |
| available | Web platform | available |
| not specified | SEPA bank transfer | available |
| not specified | Minimum amount | not available |
- MiCA licence from the AFM, valid in 30 EEA countries
- 428 coins, all directly against the euro
- Trading from 0.15% maker and 0.25% taker
- Account guarantee of up to €100,000 and cold-wallet custody
- Free SEPA deposits
- Regulated trading venue of Börse Stuttgart
- Free wallet withdrawals
- Only 10 coins, no savings plan, no staking
- Market orders 0.35 %, maker 0.20 %
The five areas head to head
AI AnalysisFees & Costs
Users particularly highlight Bitvavo's low and affordable fees. According to reviews, the costs are often mentioned positively. Critical remarks about fees play only a minor role in the available user opinions.
Many users respond positively to the fees and costs. Low fees are highlighted several times in the reviews. Overall, the cost structure is perceived positively from the user perspective.
Usability & User Experience
Users particularly praise Bitvavo for its clear design and intuitive app. According to reviews, the platform is often described as easy to use, which makes getting started especially simple. In some cases, users also report errors when launching the app or problems while using it.
Users often describe BSDEX as clear and easy to understand, and the intuitive app is also mentioned positively in reviews. At the same time, users report technical hurdles when using the platform, for example when logins are not possible, users have to log in again repeatedly, or the app occasionally freezes.
Features & Offering
When it comes to features and the offering, users especially want a profit/loss display in percentages, portfolio analysis, and information on the average purchase price or buy-in at Bitvavo. A larger selection of coins and a dollar view are also occasionally requested in the reviews.
Regarding features and the offering, the user data shows a rather reserved picture. Users mainly want more coins and more altcoins; a savings plan, a profit-and-loss display and a dark mode are also mentioned occasionally. According to reviews, a chart display is also sometimes requested.
Stability & Security
When it comes to stability and reliability, users report connection issues, technical problems, and an app that occasionally crashes according to reviews. Errors on startup are also mentioned, which is why some users view this area critically.
Regarding stability and reliability, users report in part positively about dependable everyday use. At the same time, reviews mention update problems, app startup difficulties, FaceID errors and repeated logouts. The fact that withdrawals are not possible is also occasionally mentioned in the user data.
Customer Support
Experiences with support are mixed according to reviews. Some users report fast support, while other feedback describes customer service as less easy to reach or notes that replies can take some time. Overall, users perceive support differently.
The support is described by users in several reviews as fast, helpful and competent. Users particularly praise the prompt assistance in direct contact. In individual cases, users would like even more support for specific issues.
Details
| Bitvavo B.V. | Company | Baden-Württembergische Wertpapierbörse GmbH |
| 2018 | Founded | 2019 |
| MiCA license via Netherlands AFM | Regulation | Custodian of cryptocurrencies (Boerse Stuttgart Digital Custody GmbH) has a BaFin license. |
| € 5 | Minimum Amount | € 10 |
| Photo ID | KYC | VideoIdent |
Verdict
In our overall rating Bitvavo leads with 3.3 against 2.9 for BSDEX.
On disclosed fees you pay €1.00 less at Bitvavo per €1,000 purchase.
Neither provider reaches 4.0 out of 5 in our rating, so we do not give an unreserved recommendation here.
In short: Bitvavo is one of the cheapest crypto exchanges for investors who trade in euros: 428 coins, all directly against the euro, trading from 0.15% as a maker and 0.25% as a taker, free SEPA deposits. The exchange holds a MiCA licence from the Dutch regulator AFM and serves customers across the EU, including Germany. A savings plan, staking and leveraged trading of up to ten times complement spot trading.
Is Bitvavo safe and licensed in the EU?
Yes, Bitvavo may serve customers across the EU. Bitvavo B.V., based in Amsterdam, has been authorised as a crypto-asset service provider under Article 63 MiCA since 26 June 2025, licensed by the Dutch Authority for the Financial Markets (AFM). Through the EU passport the licence covers 30 EEA countries, including Germany, France and Spain (ESMA register, file of 22 October 2026). It covers custody, operating the trading platform and transfers of crypto assets. Customers resident in Germany have their own country annex to the user agreement (version of 15 July 2025). In early 2024 Bitvavo temporarily stopped onboarding new customers from Germany; today the exchange lists Germany among its supported countries.
Custody and account guarantee: Bitvavo keeps most crypto assets offline in cold wallets with two custody providers, which according to the exchange are insured for up to $755 million; larger transfers require approval by several people. If a third party gains unauthorised access to your account and withdraws crypto, Bitvavo's account guarantee refunds up to €100,000 per incident, once per user. Transfers you send to scammers yourself are not covered (Bitvavo security page).
Euro balances, staking and lending: Bitvavo holds euros on your account as e-tokens in a separate e-token wallet. According to the user agreement it is not a deposit or investment account, and no statutory deposit guarantee applies. Staking and lending currently fall outside MiCA supervision, as Bitvavo states; lending is provided by the sister company Bitvavo Custody B.V.
What you can do yourself: turn on two-factor authentication, an anti-phishing code and a withdrawal address whitelist, keep larger amounts on your own hardware wallet and watch delisting dates. Bitvavo removes individual coins from trading, most recently Across Protocol on 27 October 2026.
Who is Bitvavo for?
Bitvavo suits investors in the EU who want to trade cheaply against the euro, deposit by SEPA and pick from a large range of coins without a detour via stablecoins; a savings plan and staking are included. If you want crypto, stocks and ETFs in one app, look at Bitpanda; for order-book trading with professional tools, Kraken Pro. An alternative with a listed parent company is Coinbase. All licensed providers are listed in our comparison of regulated crypto exchanges.
BSDEX is a regulated crypto trading venue of Börse Stuttgart. Custody is handled by Boerse Stuttgart Digital Custody GmbH under BaFin supervision, and withdrawals to your own wallet are free. That is solid, but compared with other platforms it is not enough for a good rating.
The offering is narrow: only 10 cryptocurrencies, no savings plan, no staking and SEPA bank transfer as the only payment method. Buying with a market order costs 0.35 %; the advertised 0.20 % applies to maker orders only. Two-factor authentication works via SMS only, authenticator apps are not supported. Users are lukewarm too: the app scores 1.5 stars on Google Play and 3.2 on Trustpilot, with reports of login problems, repeated logouts and issues after updates.
Our verdict: BSDEX suits investors who only want to hold Bitcoin and a few large coins through German exchange infrastructure. If you are looking for a regulated platform with a wider selection, savings plans or staking, Bitpanda or Coinbase are the better choice.