Category : Crypto

Bitvavo: the place to trade cryptocurrencies

Bitcoin: you can no longer ignore it these days. It is called by some the best investment opportunity ever. There are even companies and organizations that no longer work with regular money, but only with bitcoins or other cryptocurrencies. To trade cryptocurrency, you need an exchange. Just like with regular money. Bitvavo is such an exchange.

About Bitvavo

The stock exchange is the place where money is traded. On such a stock exchange shares are sold and bought, money is kept and you can earn a lot. Bitcoin also has to be traded somewhere. This happens on a crypto exchange or exchange. has enough information. Bitvavo is such a digital exchange for bitcoin. It is the place where you can trade this digital money.

About cryptocurrencies

Although we often speak of bitcoin, this is only a single type of cryptocurrency. It’s like the dollar: it’s worth money, but it’s definitely not the only currency to trade in. In addition to bitcoin, for example, ethereum is very popular. Chainlink and Dogecoin are also quite popular.

About Bitvavo

So you have to buy and sell all those cryptocurrencies somewhere. You do that on an exchange like Bitvavo. There are many more exchanges besides Bitvavo. Why is this exchange so popular? Because Bitvavo:

? is a Dutch stock exchange and therefore popular with Dutch investors.

? is a reliable exchange that is securely set up.

? Dutch information and service.

? Works with multiple currencies.

? is easy to understand.

The accessibility of Bitvavo

First of all, Bitvavo is labeled as safe and reliable by other reliable sources. That is very important because in the world of cryptocurrency there is little regulation and protection. At Bitvavo you do get that. But the other – main – reason that people choose this exchange is because you can expect Dutch information and service.

Part of the reason that working with cryptocurrency is so difficult for many is because all the information about it was only available in English for years. has enough information. With the arrival of a Dutch exchange, Dutch currency and Dutch brokers, you can now gain much more information in your own language.

An alternative to Bitvavo: Litebit

Don’t want to work with the Bitvavo exchange? Then there are alternatives. It was of course to be expected that this Dutch market would soon fill up with competitors. Not all of them are equally user-friendly or reliable, but Litebit comes close. This exchange has been around for a little shorter than Bitvavo and has a head office in Rotterdam. Bitvavo’s head office is located in Amsterdam. Litebit also supports multiple cryptos. Moreover, both platforms are safe and reliable. You can both trade and store your currency at this exchange, an advantage because you do not need a separate wallet.

A personal choice

However, your choice for an exchange is still a personal one, because both have advantages and disadvantages. You can therefore try them both and choose the exchange that best suits your way of working.

Bitcoin & Ethereum Drop Back, But Now Seem To Recover, These 3 Altcoins Continue Their Rally

The prices of most cryptocurrencies such as bitcoin (BTC) corrected slightly lower yesterday. Total market capitalization dipped from $1.71 trillion to $1.63 trillion. Since then, the market has gradually recovered and the market cap is back at $1.68 trillion, but that means that many prices are still slightly in the red today.

Bitcoin (BTC)

Bitcoin couldn’t hold up above $40,000 anyway. Yesterday afternoon, the price plunged back to $39,000 and began to swing violently in the evening. Bitcoin dipped all the way to USD 38,000 twice, but this level still offered enough support for now. The lows of the BTC price are getting higher and higher and bitcoin bounced from this level again last night towards $39,000 and this morning another jump from $38,750 to $39,500. is good.

We may see another test of the USD 40,000 soon, but it is also highly possible that support around USD 38,000 will break in the coming days. Then there are important support zones around $37,000 and $35,000. Bitcoin fell on average a little more than many altcoins last night, causing the dominance to decline slightly.


However, Ethereum (ETH) fell even more sharply. Ether price failed to hold above USD 2,500 and dipped all the way to USD 2,350, but it did so with less dramatic swings than bitcoin. From that low, the price rose again this morning to USD 2,450, but is currently encountering resistance. Although the trading volume of ether is gradually increasing, it is still low. Out of the top 10, the ether price is the reddest today.

Today we see some altcoins from the top 100 fall a little harder and it is again prices that rose sharply just yesterday. Polygon (MATIC) is slowly starting to recover but is still 4% in the min. Klaytn (KLAY) made heavy swings last night and is in 5% in the min. Uma (UMA) loses 6% of its value and The Graph (GRT) even 9%. Shiba Inu (SHIB), the Dogecoin (DOGE) spin-off that was one of the fastest gainers yesterday, is almost 10% in the red today. AMP price is high.

Waves up

Today we also see three altcoins continue their rally. Waves (WAVES) is up 10% again compared to 24 hours ago and now 30% compared to a week ago. Quant (QNT) regains 13% and even 75% from last week. Amp (AMP) is today again the hardest riser in the top 100. The AMP price is again 25% in the plus and even 95% compared to a week ago. Amp is now number 24 on the list of largest crypto.