8 Best Crypto Exchanges In The Netherlands (May 2022)

March 28, 2022
Blog

As a long-time crypto aficionado, I constantly keep up with the latest and greatest crypto exchanges coming out every day, always looking for the lowest fees and best features. I’m confident these recommendations are currently the best exchanges available in the Netherlands.

CoinSmart is the favorite among crypto investors looking for the lowest fees, bank-level security using cold storage technology, and a user-friendly platform. With CoinSmart you can trade 16 different cryptocurrencies and altcoins directly.

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Offer ends May 19.

1. CoinSmart 

CoinSmart: best crypto exchange Canada

CoinSmart is, without a doubt, the best crypto exchange in Europe in 2022. If you haven’t heard of them, that’s because they’ve been pouring money into improving their trading experience, not marketing. Still, if you ask any experienced crypto trader, they’ll tell you the same thing: CoinSmart is the best in the business.

CoinSmart’s trading fees are an incredibly low 0.20%. They offer excellent customer support via phone, live chat and email, and user accounts are verified instantly.

As a Canadian exchange, CoinSmart is regulated by several Canadian financial authorities, which keeps your money safe and secure. CoinSmart is also a publicly-traded company on Toronto’s NEO stock exchange, which means they’re subject to third-party financial and security audits at least once per year.

Most exchanges require users to trade every altcoin first with a stablecoin (eg. Chainklink with Bitcoin, and then Bitcoin with Shiba Inu), but CoinSmart allows users to trade altcoins directly (eg. Chainlink with Shiba Inu), minimizing fees and boosting their profits. And you’re buying real crypto with CoinSmart, which means you can move it on and off the exchange whenever you want.

I’ve personally used CoinSmart for more than a year now and have had nothing but excellent experiences with them. I’ve tried out many of the other cryptocurrency exchanges on this list, so I’m confident that CoinSmart is the best place to buy crypto in most European countries.

Features

  • Extremely low trading fees (just 0.20% per trade)
  • 24/7 customer support available via phone, live chat or email
  • Instant account verification
  • Supports 16 cryptocurrencies
  • Trade all altcoins directly
  • Immediate deposits and withdrawals
  • User-friendly for both beginners and advanced traders
  • 95% cold storage policy keeps your crypto extra secure

Cost

  • Trading Fees: 0.20%

Signup Bonus

$20 bonus when you sign up using this link

Best For

Investors looking to trade stablecoins or altcoins with the industry’s lowest fees.

CLAIM MY $50 BONUS
Offer ends May 19.

2. Bitvavo 

Bitvavo is by far the largest crypto exchange in the Netherlands. Based in Amsterdam and founded in 2018, it has grown to be a major player in the crypto market in Europe: in 2020 it reached a trading volume of €5 billion, and in the first quarter of 2022 it reached €10 billion trading volume average per month.

Bitvavo’s fees are extremely low, ranging from 0.25% to 0.03%, based on the volume of crypto you trade per month, and you can earn up to 7.5% by staking your crypto. It supports 8 payment options, including SEPA Bank transfers, Sofort, Giropay and Bancontact.

In terms of security, Bitvavo keeps all crypto in bank-grade vaults and the majority of assets are kept in cold storage, coupled with multi-signature makes for one of the safest exchanges out there. Additionally, they’ve partnered and joined an insurance pool of $250 million.

Features

  • Support fiat-to-crypto trades
  • Accepts 8 different payment methods
  • Supports 150 cryptocurrencies
  • 2FA authentication and anti-phishing codes
  • Earn up to 7.5% by staking your crypto
  • Member of an insurance pool of $250 million
  • Multi-signature cold storage

Cost

  • Taker’s Fees: From 0.25% to 0.04% (based on volume)
  • Maker’s Fees: From 0.15 to 0.03% (based on volume)
  • Sofort, SEPA, Bancontact, Giropay Deposit Fees: Free
  • Withdrawal Fees: Depends on the crypto (0.00002 BTC for Bitcoins)

Signup Bonus

15% rebate on all fees when you sign up using this link.

Best For

Investors looking for top-level security and insurance, and very low fees.

3. Kraken

Kraken is a cryptocurrency exchange and bank originally founded in 2011. It’s located in the United States (specifically San Francisco), and it enables you to trade fiat currencies like TRY or USD for cryptocurrencies and vice-versa. It also allows you to trade one type of cryptocurrency for another.

The exchange provides price data for digital assets to the Bloomberg Terminal, and as of December 2021, Kraken is accessible in 48 US states and 176 different countries, making it one of the more global exchanges around today.

Features

  • Very wide range of supported crypto (90+)
  • Simple and intuitive user interface
  • Kraken Crypto Watch feature that allows you to keep track of the crypto market
  • A plethora of information and educational resources on crypto for its users
  • 24/7 customer support through a variety of methods

Cost

  • Trading fees: Between 0% and 0.26% per trade
  • Crypto credit card purchases: 3.75% + €0.25
  • ACH crypto purchases: 1.5%

Best For

Cryptocurrency investors looking for an exchange with a wide array of supported altcoins and stablecoins.

4. Bitonic

Founded in 2012, Bitonic is a Dutch Bitcoin exchange. Currently, it is available only for clients in the Netherlands, Belgium, Italy, and Luxembourg, and since its inception, it has traded over 600,000 Bitcoin tokens across Europe.

Despite offering only one crypto, Bitcoin, it makes up with competitively low fees, sitting at 0.6%. Bitonic is ideal for new traders looking to buy their first crypto; it accepts many payments methods like SEPA transfers, iDeal, Bancontact transfers, and fiat-to-crypto purchases. Keep in mind the only pair available is EUR-BTC.

Customer support is available 24/7 over the phone, chat, and email, and as a new Bitonic user, you’ll receive a 0.25% crypto bonus on your first purchase over 0.1 BTC. New users will also appreciate the Bitonic Academy, a place where they can learn about blockchain technology and more, for free.

Features

  • Support fiat-to-crypto purchases
  • Bitonic Academy
  • 24/7 customer support available via phone, chat, and email
  • Extremely low trading fees 0.60%
  • Instant account verification
  • Immediate deposits and withdrawals
  • User-friendly for beginners

Cost

  • Taker’s Fees: 0.60%
  • Maker’s Fees: 0.60%
  • Bancontact, IDEAL, MyBank Deposits: Free
  • SEPA Bank transfers: Free
  • Withdrawal Fees: 0.0005% BTC

Signup Bonus

0.25% crypto bonus when you sign up using this link.

Best For

Traders looking to buy their first crypto and new traders who want plenty of learning tools.

5. LocalBitcoin

LocalBitcoins: best crypto exchanges

LocalBitcoins takes a different approach than most of the others on this list: rather than trading with the broader market, you actually buy and sell with individual traders. It’s earned a loyal user base for its overall ease of use, and it’s one of the oldest cryptocurrency marketplaces around today.

The main reason I like LocalBitcoins, though, is for its low barrier to entry. Since you’re trading with other people, not with LocalBitcoins itself, it’s easy to get your account verified and start making trades.

LocalBitcoins users do need to proceed with caution, though; it’s possible to get scammed by other users on the site, especially when selling Bitcoin for cash. One common scam, for example, is a buyer who pays you via PayPal and then files a PayPal dispute once they’ve received your Bitcoin. Other payment methods (eg. INTERAC transfer and bank wires) are much more secure, but still, be careful. If it seems too good to be true on LocalBitcoins, it probably is.

Features

  • Easy to use
  • Very easy to start trading
  • Low transaction fees
  • Deposit Canadian dollars via bank transfer, INTERAC, Moneygram, Wise, PayPal, ATM deposit, and more
  • Helpful customer support

Fees

  • Trading fees: 0.00006 BTC (~$4 CAD) flat fee per transaction
  • Depositing funds: Free
  • Withdrawing funds: Free

Best For

Investors looking to buy and sell Bitcoin quickly and easily.

6. Coinmama

Coinmama is a great option for new investors looking for an easy-to-use, intuitive platform. Despite having somewhat high fees, starting at 2.93%, with their loyalty program, you can get up to 25% off on all fees.

Coinmama supports 10 of the biggest cryptocurrencies, including Bitcoin, Bitcoin Cash, Cardano, Chainlink, Dogecoin,  Ethereum and Litecoin. With Coinmama you can withdraw and deposit crypto at no cost, and you can reach customer support by email, phone, chat and social media.

Coinmama offers many payment options and has partnered with many large companies, you can buy crypto with fiat money using Visa, Mastercard, Apple Pay, and many others. Its interface is ideal for new traders looking for a user-friendly platform.

Features

  • No-fee crypto withdrawal and deposit
  • Buy crypto with fiat money 
  • Payment options, Visa, Mastercard, Apple Pay, Fedwire SEPA, Sofot and SWIFT
  • Loyalty program for up to 25% rebate on all fees
  • Buy crypto you buy it directly from Coinmama 
  • Supports 10 cryptocurrencies
  • Secure platform, employs 2FA
  • User-friendly for both beginners and advanced traders
  • Instant account verification

Cost

  • Account Opening: Free
  • Trading Fees: From 2.93% to 3.90%
  • Credit & Debit Card: 5.0%
  • Apple Pay: 5.0%
  • SWIFT Transfers (US Banks): Free for transfers over $1,000 (£20 flat fee if < $1,000)
  • SEPA Bank Transfer: 0%
  • Bank Wire Deposit: 0%
  • Bank Wire Withdrawal:0%

Signup Bonus

15% off trading fees when you sign up using this link.

Best For

New investors looking for easy-to-use crypto exchange, instant account verification, and plenty of payment options.

7. Paybis

Paybis is a cryptocurrency exchange that was founded in 2014 and is located in the United Kingdom. It enables you to purchase and trade cryptocurrencies, and it’s regulated by the Financial Conduct Authority (FCA).

Paybis allows customers to purchase supported crypto coins in 47 distinct fiat currencies. The Turkish Lira, the Canadian Dollar, US Dollars, Euros, and the Pound Sterling are among the currently supported fiat currencies on the platform.

Features

  • Regulated by the Financial Conduct Authority (FCA)
  • Instant account verification
  • Wide variety of supported payment methods
  • Has a referral program
  • Supports a wide array of fiat currencies
  • Very fast customer support response time

Cost

  • Credit/debit card purchases: 5% + 0.1 USD
  • Skrill purchases: 3.54% + 0.1 USD
  • Advanced Cash purchases: 3.95% + 0.1 USD
  • Neteller purchases: 3.54 + 0.1 USD
  • Payeer purchases: 4.95% + 0.1 USD
  • Bank wire purchases: 3% + 0.1 USD
  • Bank transfer (SEPA) purchases: 1.5% + 1 EUR

Best For

Investors new to the world of cryptocurrency trading looking for an easy-to-understand crypto exchange.

8. Gemini

Gemini is a cryptocurrency exchange based in New York and regulated by the NYDFS. Currently, Gemini supports over 50 cryptocurrencies, including some of the biggest like Bitcoin, Ethereum, Litecoin and Bitcoin Cash.

Some of Gemini’s best features include the MyPortfolio dashboard, from which you can control all your transactions and see the history of all your trades, and the ActiveTrader platform, ideal for seasoned crypto investors looking for advanced charting tools, multiple order types and block trading.

For new traders, Gemini offers a $10 bonus, credited directly to your account; it can be used to invest in more crypto immediately.

Features

  • Great User Interface
  • ActiveTrader platform
  • “My Portfolio” Feature
  • Gemini Mobile App
  • Supports over 50 cryptocurrencies

Cost

  • Trading Fees: From 2.99% to 0.99% (based on volume)
  • Debit Card Deposit: 3.49% 
  • Mobile App Fee: 0.5%
  • Monthly Withdrawals: 10 free withdrawals every month

Signup Bonus

$10 bonus when you sign up using this link.

Best For

New and experienced investors looking for an intuitive platform and advanced investing tools.

What To Look For In The Best Crypto Exchanges In The Netherlands

There are many important factors to consider when you’re looking for the best crypto exchange to use in the Netherlands. Some of these factors include:

Supported coins: There are tens of thousands of cryptocurrencies in existence, but cryptocurrency exchanges will only support a fraction of these coins. With that in mind, the more supported crypto coins an exchange offers, the better.

User interface: Some cryptocurrency exchanges have simpler interfaces, and others are more advanced. If you’re a beginner, it’s best to go for an exchange with a simple interface so that you don’t get overwhelmed by all the extra features.

Fees: Some exchanges have higher fees than others, and this will affect your investment returns negatively (especially if you’re going to be trading a lot of money on an exchange).

Regulation: It’s important to only use exchanges that are regulated by a financial authority. This is because it ensures that the exchange is legitimate and has measures in place to protect your funds.

Deposit & withdrawal options: Consider every payment option that the exchange provides and make sure they are appropriate to your needs. Keep in mind that there might be fees associated with all payment methods, and those can also reduce your earnings.

Account security: Ideally, you should be able to move your coins out of the exchange and into a personal crypto wallet for the greatest safety. Verify that the exchange uses cold storage to safeguard users’ assets and learn what their privacy, account security, and insurance policies are.

Advanced trading tools: Conversely, if you’re a more experienced cryptocurrency trader, consider how many advanced features you have at your disposal. Charting tools, different order types, a live order book, and other features may be necessary for seasoned crypto traders.

Customer support:  Last but not least, make sure to check out the customer support options that are available at an exchange. If you have questions or need help with something, can they get back to you quickly? Is there a live chat feature where you can ask your question immediately and receive answers in real-time?

Best Crypto Exchanges In The Netherlands FAQs

Can I Buy Cryptocurrency In The Netherlands?

Yes, you can buy cryptocurrency in the Netherlands if you use a cryptocurrency exchange.

Is It Legal To Buy And Trade Crypto In The Netherlands?

Yes. Despite not being accepted as legal or digital money, there are currently no prohibitions in place.

Is Crypto Trading Taxable In The Netherlands?

Yes. In the Netherlands, crypto is considered a taxable asset. Taxation is regulated by the Dutch Tax and Customs Administration, and crypto exchanges are required by law to release customer information and trading history; you can expect to pay around 30% in taxes on your crypto.

What Is The Best Bitcoin Trading Platform In The Netherlands?

The best exchange to buy Bitcoin in the Netherlands is CoinSmart, which offers bank-level protection and incredibly low fees. CoinSmart also supports 16 cryptocurrencies, processes deposits and withdrawals quickly, and validates accounts in 2 minutes or less.

CoinSmart is the best cryptocurrency exchange in the Netherlands if you want to buy Bitcoin and other cryptocurrencies.

What Is The Best Crypto Exchange In The Netherlands?

The best cryptocurrency exchange in the Netherlands is CoinSmart. CoinSmart has a 95% cold storage policy, low trading fees, and a well-rated mobile app.

Conclusion

As a long-time crypto aficionado, I constantly keep up with the latest and greatest crypto exchanges coming out every day, always looking for the lowest fees and best features. I’m confident these recommendations are currently the best exchanges available in the Netherlands. 

CoinSmart is the favorite among crypto investors looking for the lowest fees, bank-level security using cold storage technology, and a user-friendly platform. With CoinSmart you can trade 16 different cryptocurrencies and altcoins directly.

CLAIM MY $50 BONUS
Offer ends May 19.

Before You Go

Here’s a full updated list of the Best Crypto Exchanges by country, in America and Europe:

America:

Europe:

The Best Crypto Exchanges In Canada

Best Overall

Supports: 16 cryptocurrencies
Security: 95% cold storage
Trading fees: 0.2%

$50 bonus ends May 19.

★★★★★

Rated 4.9/5

Lowest Fees

Supports: 17 cryptocurrencies
Security: 95% cold storage
Trading fees: 0.1% - 0.2%

Free account, instant verification

★★★★★

Rated 4.8/5

Best For Altcoins

Trading fees: 0.4%
Security: 95% cold storage
Signup bonus: $10

Trade with 10x leverage.

★★★★

Rated 4.2/5