How do you create an account at Bitvavo?

Step 1: Fill in the basic data
First, download the Bitvavo app on your phone.

Go to "create account" and enter an email address, first name, last name and password.

Use the referral code next to the 🎁 under your name (see photo). This way you get your trading costs for free.

Then select the country where you live: only people living in Europe can open an account with Bitvavo.

You will receive a confirmation letter to your E-mail in which you have to confirm your E-mail address then go back to the app to verify everything further.

It is also important that you are aware of the risks associated with investing in cryptos. By checking the box, you indicate that you understand that trading cryptos is risky.

Step 2: Answering additional questions

Before you can start investing at Bitvavo, you need to answer a few more questions. You must indicate the purpose for which you want to use the Bitvavo account & the origin of the credit you want to deposit into your account. The Dutch bank makes this mandatory to prevent money laundering.

Step 3: Confirm your identity

Before you can deposit money into your account, you must first confirm your identity. For this, Bitvavo needs a copy of an identity document.

A small video recording of your face is also made in which you clearly have to say 3 digits out loud. This way, Bitvavo can clearly see that the identity corresponds to the documents.

Step 4: Depositing money

The next step when opening an account is to deposit at least €1. It is important that your bank account is in the same name as your Bitvavo account. You can easily link your account by transferring an amount from your account to your Bitvavo account. After you have done this, you can use the account number to withdraw funds.

Step 5: Secure your account

You have now gone through all the steps necessary to start trading cryptos. Nevertheless, it is still wise to go through the last security step.

You can first confirm your phone number. Your phone can then be used to confirm login attempts.

For extra security, it is also recommended to enable 2-FA authentication. That way you prevent malicious people from gaining access to your account.