You can now receive an interesting welcome bonus with a Bitvavo referral code, and in this article we will explain how to claim the bonus.

Bitvavo is one of the largest exchanges in Europe and is serving over 1.7 million customer. Bitvavo was originally founded in The Netherlands in 2017 and has licenses and registrations in multiple European countries like the Netherlands, Austria, France and Italy. Its success is largely due to low trading costs of up to 0.25%, easy euro to crypto services, a wide offer of cryptos, and a stable platform. In Europe, Bitvavo is the go-to exchange with over 350 different cryptos.

For new customers, there is a lucrative bonus available. By using the referral code “431F1F” upon registration, you will immediately receive €10 in free crypto and you can trade up to €10,000 without trading costs. We will explain later how you can get these benefits.

Overview of the welcome bonus with the Bitvavo referral code

Affiliate code	431F1F
Link to Bitvavo	https://bitvavo.com/affiliate?a=431F1F
Bonus	Get 10 euros free crypto
Fee discount	€10,000 free trading (with a total value of 25 euros)
Number of coins	350+

What is a Bitvavo referral code?

A Bitvavo affiliate code is a unique code that offers new users a welcome bonus, this bonus is only available when you use a code. Additionally, the bonus also depends on which code you use.

By using the referral code “431F1F” during your registration in the Bitvavo app, you will receive a bonus of 10 euros in free crypto and €10,000 in free trading.

This code enables Bitvavo to track which users have been referred by which existing user to determine which bonus they should apply.

The system is beneficial for both parties: you will receive the bonus of €10 and 0% trading fees, while we receive a commission for referring new users. After your registration, you will receive your own Bitvavo referral code, which you can use to invite friends and family.

Please note: the offer for €10 free crypto is an exclusive promotion and only available via selected partners. With our code you know for sure you will receive this bonus.

How to apply the code?

It is important to know that you can only enter the code during your registration. With Bitvavo, this is only possible via the app and not via the website on your computer. If you are using a computer, you will need the special link to activate the deal, which you can find in the table at the beginning of the page.

Step 1: Create an account with the code

Bitvavo only gives bonuses to new users who use a special code or link. During the creation of your account via the Bitvavo app, you can enter the referral code “431F1F” on the registration page to claim your welcome bonus.

If you are using a computer, you have to use a special link which you can find this at the top of this page.

When the bonus is activated, you will see the message: “€10.00 sign-up bonus“. This message is only visible when you use a browser, in the mobile app you won’t see this message. When you are sure the bonus is active, you can enter your personal details, Bitvavo only needs an email address and password.

If you make a mistake while entering this code, you cannot claim the bonus afterwards. If you already have an account in your name, you cannot create a new one.

Step 2: Complete the KYC

Crypto companies in Europe must verify the identity of their users, to combat, for example, money laundering. Bitvavo follows the strict rules from all European countries and also require every user to verify its identity. It’s not possible to trade here without a verification.

You can start the identification process via the app, where they will ask you to take a photo of your ID and a selfie. The app automatically checks if the details are correct. A verification usually takes only 5 minutes, although it may take longer outside business hours. This is because there is always a staff member looking at your request.

It is possible that you may be refused as a person or you are required to provide additional information.

Step 3: Claim your 10 euros free crypto

After a successful KYC, you can make your first deposit by using your own bank account. Make sure to use a bank account that has the same name as your Bitvavo account, otherwise your payment will be rejected. You can make your first deposit using well-known payment methods such as credit card, Bancontact, PayPal, and iDEAL.

With a deposit of at least 10 euros, you automatically receive the 10 euro crypto bonus, which you can use for all available digital currencies on the platform. For example, you can buy €5 of XRP and €5 of Dogecoin.

How does the 10 euros free crypto deal work?

This offer is an exclusive affiliate promotion in cooperation with Bitvavo and is not offered by all blogs. It is therefore important to verify which bonus the affiliate code you use offers. Our code ensures you a bonus of €10 and sometimes even €20, depending on Bitvavo’s promotion periods. For example, during special periods Bitvavo increases the bonus to 25 euros.

The bonus is automatically processed: deposit at least €10 via your bank own account and €10 will automatically be added to your balance. You will receive a notification when the bonus is successfully deposited.

If this takes longer than an hour, please contact Bitvavo. It is important that you as a user correctly entered the code during registration.

There is also an interesting Bybit bonus of 40 USDT available, which requires a minimum deposit of $400. This is only interesting for users who want to invest a significant amount in crypto.

€10,000 commission free trading

In addition to the €10 free crypto, you can also benefit from a bonus of €10,000 commission-free trading. Bitvavo normally charges about 0.25% in transaction fees, which you pay on every transaction. With this deal, you can save up to €25 on your trades. An extra tip is to place limit orders, which directly lowers the fee to 0.15%.

Please note: this deal is valid for 7 days after registration of your account. The transaction fees pay will be refunded later in your wallet. Note that the spread, the difference between the bid and ask prices, will not be refunded, because this is not a profit for Bitvavo.

Why choose Bitvavo?

Bitvavo is not only the market leader in a lot of European countries with over 1.6 million customers, but also offers numerous advantages that make it attractive for both beginner and experienced crypto traders.

If you compare Bitvavo to other brokers, like Coinbase and Coinmerce, users will often switch to more affordable alternatives like MEXC. But many users stay with Bitvavo because of the competitive trading costs and the easy to use platform. At Bitvavo, you can trade via a basic interface for beginners and also with an advanced interface for experienced traders. It suits traders from all levels.

The platform distinguishes itself with an extensive offer of more than 270 cryptocurrencies. There are often news currencies added, which gives users a wide choice for investments.

Advantages of Bitvavo:

• Officially registered and licensed in multiple European countries like The Netherlands, France, Austria and Italy.
• Low trading costs of up to 0.25% and 0.15% for limit orders.
• A lot of free payment methods and offering PayPal.
• Cheap way to convert your euros to crypto.
• Support in multiple languages: English, French, Spanish and Dutch.
• Wallet insurance up to $255 million.
• Account protection up to €100,000 (read the terms carefully).
• Offering of more than 300 digital currencies.
• Integration with trading bots, like Diamond Pigs.

Disadvantages of Bitvavo:

• Cannot be reached by phone.
• Does not offer advanced trading instruments like leverage trading or margin trading (often not allowed in Europe).
• No public availability of Proof of Reserves.
• Experienced issues in 2022 due to the FTX bankruptcy.

Conclusion

Do we recommend Bitvavo? Yes, we also use this platform ourselves. It’s easy, cheap, and you can easily convert your euros to crypto and vice versa. Not only is converting your euro to crypto easy, it also comes with low costs. In addition, you can invest in more than 300 digital currencies and Bitvavo complies with a lot of European jurisdictions.

At Bitvavo, you can automatically stake your crypto with the Earn and Lending platform. Keep in mind that Bitvavo encountered difficulties with this in 2022, but also fixed all the problems.

With the welcome bonus from Bitvavo, it’s basically a no-brainer to use this platform. It has a great reputation, more than 1.6 million users use the platform and they offer a lot of financial services.

But as always, don’t hold too much crypto on an exchange and only keep crypto you use for trading on an online exchange. Always manage your crypto in your own wallet where you manage your own private keys.