Bitvavo vs Revolut (crypto): Fees, Coins, Safety Comparison
| Feature | Bitvavo | Revolut (crypto) |
|---|---|---|
Overall |
3.6 |
3.1 |
4.1 |
3.1 |
|
3.5 |
2.1 |
|
4.4 |
3.8 |
|
Investment Instruments |
1 |
4.1 |
Platforms and Charting Tools |
3.9 |
2.9 |
Deposit and Withdrawal |
3.7 |
4.2 |
Research |
4.1 |
1 |
Education |
3.7 |
1 |
Support |
3.5 |
4.2 |
Bonuses |
3.7 |
3.9 |
|
Your capital is at risk.
|
Bitvavo vs Revolut (crypto): Pros and Cons
The Bitvavo exchange is one of the most popular platforms for margin trading in cryptocurrencies in Europe. More than 50 cryptocurrencies and tokens are traded on the exchange. In total there are over 70 trading instruments, including fiat funds. On Bitvavo you can trade Bitcoin, Ethereum, Litecoin, and other cryptocurrencies. There is a hot and cold storage method, and convenient input/output channels are provided. There is basic and advanced AML verification, a typical affiliate program with referral payments. The cryptocurrency exchange does not have a mobile application, its own trading terminal is available only in the browser version. Commissions are below the market average: for the entry-level - 0.25/0.15% (for the taker/maker, respectively).
Revolut is a British fintech company that has been providing investors with accounts for trading precious metals, cryptocurrencies, and stocks listed on U.S. exchanges since 2015. The broker offers its clients access to investing in stocks and ETFs on European stock exchanges. For organizations and private clients, the company offers a multi-currency account with the possibility of exchanging currencies at the current inter-bank exchange rate. Revolut is supervised by the Financial Services Authority (FSA).
| Bitvavo | Revolut (crypto) | |
|---|---|---|
| Overall Pros | no minimum deposit; | minimum trade is only $1 |
| many trading pairs, including pairs with fiat funds; | Buying and selling crypto without openning crypto exchange account | |
| in the trading terminal there’s not only the crypto exchange but also the exchanger; | ability to invest in stocks, crypto, fiat deposits etc | |
| operating commissions are below the market average; | setting financial goals with Vaults option | |
| a serious level of verification to ensure safety; | ||
| suitable for both beginners and experienced traders; | ||
| Overall Cons | from fiat funds there are only euros; | Only 21 supported coins |
| extended AML verification is required to access the full functionality. | No options for active trading | |
| Revolut's cryptocurrency service is not regulated by the FCA | ||
| High fees |
Bitvavo vs Revolut (crypto): Safety and Regulation
| Regulated By: | Bitvavo | Revolut (crypto) |
|---|---|---|
Government-regulated |
Yes |
|
U.S Regulated |
No |
|
FCA U.K Regulated |
No |
|
Germany Regulated |
Yes |
|
AMF in France Regulated |
Yes |
|
Spain Regulated |
No |
|
DFSA in UAE |
No |
|
Singapore Regulated |
No |
|
Australia Regulated |
No |
|
Seychelles Regulated |
No |
|
Other countries |
Austria, Italy |
Bitvavo vs Revolut (crypto): Trading Conditions
| Trading Conditions | Bitvavo | Revolut (crypto) |
|---|---|---|
Minimum deposit, USD or USDT |
10 |
|
Futures leverage |
||
Spot leverage |
1 |
|
Supported Coins |
292 |
|
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
|
Perpetual contracts |
0 |
Bitvavo vs Revolut (crypto): Fees
| Fee | Bitvavo | Revolut (crypto) |
|---|---|---|
Spot Taker fee |
0.1 |
|
Spot Maker fee |
0.1 |
|
Futures Taker fee |
||
Futures Maker fee |
||
Deposit fee |
No |
|
Withdrawal fee |
0.00002 BTC |
|
P2P taker fee |
Not supported |
|
P2P fee rate, maker fee |
Not supported |
Bitvavo vs Revolut (crypto): Trading Assets
| Asset Name | Bitvavo | Revolut (crypto) |
|---|---|---|
Coins Supported |
292 |
|
P2P |
No |
|
Perpetual contracts |
No |
|
NFT |
No |
|
Crypto Options |
No |
|
Futures |
No |
Bitvavo or Revolut (crypto): Investment Programs
| Asset Name | Bitvavo | Revolut (crypto) |
|---|---|---|
Staking |
Yes |
|
Copy trading |
No |
|
Yield farming |
No |
|
Affiliate program |
Yes |
|
Trading Platforms: Revolut (crypto) or Bitvavo
| Bitvavo | Revolut (crypto) | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: Revolut (crypto) or Bitvavo
| Bitvavo | Revolut (crypto) | |
|---|---|---|
SMS Based 2 FA |
No |
no |
App Based 2 FA |
Yes |
no |
Voice Call 2 FA |
No |
no |
Search Bar |
Yes |
no |
Filters |
Yes |
no |
Technical Analysis: Revolut (crypto) or Bitvavo
| Bitvavo | Revolut (crypto) | |
|---|---|---|
Indicators |
Yes |
No |
Drawing tools |
Yes |
No |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
No |
Mobile trading: Revolut (crypto) or Bitvavo
| Bitvavo | Revolut (crypto) | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Revolut (crypto) or Bitvavo
| Bitvavo | Revolut (crypto) | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
No |
Bitvavo vs Revolut (crypto): Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitvavo | Revolut (crypto) |
|---|---|---|
Bank Transfer |
Yes (Only Deposit) |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Bitvavo vs Revolut (crypto): Research
| Research Type | Bitvavo | Revolut (crypto) |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
Yes |
No |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Bitvavo vs Revolut (crypto): Education
| Education Type | Bitvavo | Revolut (crypto) |
|---|---|---|
Demo-account/Paper Trading |
No |
No |
Courses |
No |
No |
Articles |
Yes |
No |
Videos |
No |
No |
Webinars |
No |
No |
Revolut (crypto) vs Bitvavo: Support
| Support Features | Bitvavo | Revolut (crypto) |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
No |
no |
Other |
No |
community support, app-based chat |
Bitvavo vs Revolut (crypto): Crypto Bonuses and Promo
| Promo | Bitvavo | Revolut (crypto) |
|---|---|---|
Crypto Bonus |
No |
$50 Welcome Bonus. This Promotion is open to new Revolut retail customers who live in the United States. This Promotion runs from April 7, 2022 until June 30, 2022. |
Affiliate Program |
A user who registers by following your link will bring you 15% of the exchange commission for each transaction. |
The impact is a referral program in which you need to be a Revolut customer to participate. Depending on which plan the connected referral chooses, the partner is paid from £2 to £20. Payments are calculated and made every month. After approving the request, the company gives the partner a unique link and materials to be placed and promoted on websites. The partner can track the number of link clicks and referrals in his personal cabinet. |
|
Your capital is at risk.
|
Top 5 Reviews on Revolut (crypto)
-
Comment
I’ve had a good experience with Interactive Brokers, particularly because of its low fees. As someone who trades frequently, the tiered commission structure works great for me since I can get better rates with higher volumes. I started out with the demo account to test the platform and it lived up to the expectations. The platform also gives access to so many different assets, from stocks to options to even metals, which fits well with my strategy. It’s definitely not the easiest for beginners, but for seasoned traders, the tools and flexibility are unmatched.
-
Comment
When I first opened an account with Revolut, I wasn’t expecting much since I usually associate Revolut with just basic banking services. But to my surprise, the trading platform feels quite smooth. The app interface is probably the best thing. It’s clean, and switching between different markets like Forex, stocks, and even crypto is seamless. I don’t need to hop between tabs too much. One cool thing is how fast the transactions get confirmed, especially compared to other apps I’ve used before. Also, I appreciate that I can trade with just small amounts, no big deposits needed. It’s perfect for someone like me who doesn't want to go all in right away. Though, I wish the educational tools were a bit more in-depth for those who are just starting out.
-
Comment
I’ve been using Revolut for a while now, and the experience has been smooth. What I love most is the flexibility with multi-currency accounts is that you can exchange between currencies without any hidden fees, which is a big plus. The app interface is clean and easy to use. Transfers are usually fast, but I’ve noticed that sometimes deposits and withdrawals can take a bit longer to confirm. Also, one thing that I don’t like is their website pop-ups. Almost everything leads to this annoying pop-up I have attached. In fact, the way to contact their customer support through the website isn’t clear as well. Unexpected from such a sophisticated company.
-
Comment
Trading here goes without problems. Now I’m learning everything little by little, since I haven’t been on the stock market that long. Reviews prove that this company is good and I saw it myself after trading here for 3 months.
-
Comment
I’ve been using the services of Revolut Bank for a year and everything is fine. I received a card, everything is quite convenient, and transfers are fast. The mobile application is not bad. The only problem, in my opinion, is confirmation of deposits and withdrawals, which can take quite a long time sometimes.
Top 5 Reviews on Bitvavo
-
Comment
While Bitvavo offers a user-friendly interface and a decent range of cryptocurrencies, my experience has been marred by frequent technical issues and slow transaction processing times. Additionally, customer support is lacking, with long wait times for responses to inquiries. Overall, Bitvavo falls short of providing a reliable and satisfactory crypto trading experience.
-
Comment
There is nothing to do on the Bitvavo exchange. Not because they are scammers, but because. that the trade here is very strange. Everything happens within the company. Everything is raw, but the commissions are exorbitant. In general, who understands what I mean - he will pass by.
-
Comment
My last withdrawal was delayed for a month. To be honest, I didn’t even hope to get my money, so many nerves went into all this, that now I want moral damage so that they pay!
-
Comment
In terms of commissions, I have seen more profitable exchanges, where it reaches 0.07%. Bitvavo may seem like a less interesting option in this regard, but there is one big “but”: this exchange is proven. I have been trading on it for more than a year, and I consider the conditions here to be optimal. There are cryptocurrencies, there is fiat, with replenishment, withdrawal and, most importantly, the terminal, everything is fine. That is, they are fast, there are no delays. At the same time, however, there is no mobile application, so I could devote more time to trading. But the security here is definitely at a high level. And there is a license. Under such conditions, it is not a pity to overpay a little for a commission. Anything is better than worrying about whether they will withdraw my money? They will definitely withdraw from Bitvavo.
-
Comment
I think Bitvavo is very popular among crypto traders. This trading platform has a customer-oriented policy and I believe that over time it will remove Binance and other exchanges from the top. There are plenty of trading tools, as well as ways to deposit and withdraw funds, even fiat funds. The advanced AML verification gave me a little surprise, but thanks to the support, who explained everything in detail, I managed to pass the verification.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
