Is Crypto Legal in the Netherlands?

Cryptocurrency investing is 100% legal in the Netherlands, as there are no specific restrictions or regulations that apply to this type of investment activity. This means that individuals can freely buy and sell cryptocurrencies in the Netherlands, without having to worry about any legal implications.

In order to invest in crypto in the Netherlands, you will typically need to set up an account with a cryptocurrency exchange. Some popular options include Binance, Bybit, and OKX. When choosing an exchange, it is important to look for those that have robust security features and offer reliable customer support. Additionally, it is recommended to do your research on different platforms prior to making any purchases, as not all exchanges may offer the same tokens or fees.

Once you have set up your account, you can start buying and trading different types of cryptocurrencies. This can be done by depositing funds from your bank account or using a credit card, depending on the platform you are using. You will then typically need to go through a verification process in order to complete any transactions, which may involve providing your personal information and proof of identity.

Best Crypto Exchanges for Dutch investors

In the Netherlands, over 10% of the entire population is currently invested in the cryptocurrency industry. This is due to it being a forward-thinking and financially stable country with a growing interest in the crypto market. Below we have curated a detailed list of the five Best Crypto Exchanges in the Netherlands to help Dutch investors navigate the new, emerging and exciting cryptocurrency industry.

1. OKX - Best Overall Exchange in the Netherlands

OKX is one of the world's largest cryptocurrency exchanges that boasts over 10 million users across 140 countries including the Netherlands. Their platform offers the widest variety of features including instant Euro (EUR) and iDEAL deposits from Dutch Banks, 300+ crypto assets, crypto staking a native blockchain (OKEX Chain) and much more.

Their platform is our top pick for investors in the Netherlands because they offer the best & most secure trading environment with the ability to purchase digital assets through SEPA & iDEAL bank transfers. They also offer spot and derivatives trading, a trading API, leverage up to 20x on futures and other unique features such as margin trading.

  • Fees: Free Euro (EUR) Deposits and 0.08% Trading Fees
  • Supported Assets: 300+ Cryptocurrencies & 50+ Staking Coins
  • Regulation & Licensing: OKX Bahamas FinTech Company Limited is a Bahamas registered company ("OKX Bahamas").
  • Customer Support Options: 24/7 support via live chat and email.
  • EUR Deposit Methods: Bank Transfer, iDEAL, SEPA, Debit Card, Credit Card, PayPal & more
OKX Netherlands

If you would like to learn more about this exchange, you can visit our detailed OKX Review.

2. Bybit - Best Crypto Derivatives/Futures Exchange

Bybit is a non-KYC cryptocurrency exchange that was founded in 2018 by Daniel Wang and Ben Zhou. It is well known as it doesn't require KYC (identity verification) to deposit, withdraw or make trades through its platform. In addition, Bybit has a large user base, with over 10 million registered users worldwide. It is available in a number of countries, including the Netherlands, US, Canada, Japan, China, and many others.

  • Fees: Deposits and withdrawals are free and there are 0.1% fees on spot markets and the maker/taker rebate is 0.01%/0.06%.
  • Supported Assets: 400+ cryptocurrencies.
  • Regulation & Licensing: Not regulated by any government authority (hence no KYC requirements).
  • Customer Support Options: 24/7 support via live chat, email, ticketing system & phone.
  • EUR Deposit Methods: Wise, Credit Card, Debit Card, SEPA, Paysera, Bank Transfer, Revolut, iDEAL, Maestro & Google Pay.
Bybit Exchange.

If you would like to learn more about this exchange, you can visit our detailed Bybit Review.

3. Binance - Best Feature-rich Crypto Exchange

Binance is a popular cryptocurrency exchange that was founded in 2017 by Changpeng Zhao (or CZ). This exchange is known for its high level of security and has become one of the most widely used exchanges in the world, with over 120 million users from 120 countries globally. It offers users a wide variety of features, including advanced trading tools and charts, and secure backups of funds to ensure maximum protection of user funds.

  • Fees: Deposit & withdrawal fees vary depending on your method and are between 0.5% - 1.8%. Spot trading is 0.1% and the derivatives maker/taker rebate is 0.02%/0.04%.
  • Supported Assets: 350+ cryptocurrencies.
  • Regulation & Licensing: Regulated by the CySEC.
  • Customer Support Options: 24/7 support via live chat, email & online ticketing system.
  • EUR Deposit Methods: Advcash, Etana, Bank Transfer, SEPA & Credit/Debit Card.
Binance Exchange.

If you would like to learn more about this exchange, you can visit our detailed Binance Review.

4. Crypto.com - Best Alternative Crypto Exchange

Crypto.com is a cryptocurrency exchange that was founded in 2016 by serial entrepreneur, Ken Moore and his team of experienced tech and finance professionals. This platform is one of the most popular exchanges among retail investors, with more than 70 million users worldwide in over 180 different countries. It has many major partnerships with large brands such as the UFC, Formula 1 and the AFL.

  • Fees: Deposit & withdrawal fees are free except for card deposits which are 3%. Spot trading is 1% and the derivatives maker/taker rebate is 0.017%/0.034%.
  • Supported Assets: 250+ cryptocurrencies.
  • Regulation & Licensing: Regulated by the CySEC.
  • Customer Support Options: 24/7 support via live chat, email & online ticketing system.
  • EUR Deposit Methods: SEPA & Credit/Debit Card.
Crypto.com Exchange.
Crypto.com Exchange.

5. Bitvavo - Best Dutch Crypto Exchange

Bitvavo is one of the leading cryptocurrency exchanges in the Netherlands, offering a wide range of trading services and tools to help users buy and sell digital currency. Founded in 2017 by entrepreneur Roland Jonk, Bitvavo quickly rose to prominence due to its simple and user-friendly interface, competitive exchange rates, and robust security features. Today, Bitvavo is trusted by thousands of cryptocurrency traders around the world.

  • Fees: 0.2% - 0.6% in trading fees, deposits vary between 1.75% - 2%. Withdrawals are subject to a small gas fee.
  • Supported Assets: 175+ cryptocurrencies.
  • Regulation & Licensing: Regulated by the CySEC.
  • Customer Support Options: 24/7 support via live chat and email.
  • EUR Deposit Methods: SEPA, iDEAL, Sofort, Giropay, PayPal, Bancontact & EPS.
Bitvavo Exchange.
Bitvavo Exchange.

Final Thoughts

OKX is widely regarded to be the best cryptocurrency exchange in the Netherlands and Europe overall, offering a wide range of features and services that make it a convenient and reliable choice for Dutch investors. Whether you are new to the world of cryptocurrencies or an experienced trader, Uphold offers all the tools you need to succeed in this fast-paced and ever-changing market.

Some of the key benefits of choosing Uphold include low trading fees, multiple EUR & Dutch deposit methods (iDEAL), useful and unique features like Copy Trading and a Demo Account where users can make virtual trades up to $100,000 without needing to risk their assets. The platform is designed with both beginner and experienced traders in mind, offering intuitive tools and features that make it easy to navigate and manage your crypto portfolio.