How to Buy Crypto with iDEAL
In this guide, we outline the safest and easiest way to buy Bitcoin and cryptocurrencies with an iDEAL bank transfer.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Summary: iDEAL serves as a dependable gateway for individuals interested in investing in digital assets. By using iDEAL, users can conveniently transfer Euros to regulated exchanges that comply with the guidelines laid down by the Dutch Authority for the Financial Markets (AFM) and other governing bodies in Europe.
Our research points to eToro as a prime choice for individuals using iDEAL for their transactions. Upholding the stringent standards set by authorities like the AFM, eToro emerges as a trustworthy hub for smooth Euro transfers from various established banks in the European region. Once on eToro, users can explore a diverse portfolio, encompassing over 3,000 crypto assets, stocks, ETFs, commodities, and other investment opportunities.
Can you Buy Crypto with an iDEAL Transfer?
Yes, you can buy Bitcoin, Ethereum, and other cryptocurrencies safely via the iDEAL payment system. To get started, you will need to sign up with a reputable cryptocurrency exchange in the Netherlands that accommodates Euro transactions through iDEAL and participating Dutch banks. Although iDEAL doesn't handle cryptocurrency transactions directly, it is a dependable conduit, enabling quick and secure purchases through regulated exchanges in the country.
How to Buy Crypto with iDEAL
The safest and most cost-effective approach to invest in digital assets via iDEAL is through an exchange that aligns with De Nederlandsche Bank or ESMA regulations. A recommended and reliable platform is eToro, a Netherlands-based multi-asset trading platform offering over 3,000 cryptos, stocks and more. This exchange accepts several payment methods including Bank Transfers powered by iDEAL, Credit Card, Debit Card, and others.
Here's a straightforward guide to help you embark on your crypto journey in minutes:
- Visit eToro to sign up and verify your identity.
- Select the 'Deposit Funds' button on the bottom left of your screen.
- Select 'iDEAL' as your payment method and select the bank you are transferring Euros from.
- Complete the deposit and use the funds credited to your account to invest in crypto.

What are the Fees?
The fees related to purchasing cryptocurrency using iDEAL transfer in the Netherlands may differ based on the chosen exchange platform. Generally, fees consist of transaction fees, deposit fees, and withdrawal fees, which fluctuate depending on the platform and the specific cryptocurrency being traded.
We recommend eToro, as they provide low-fee Euro (EUR) deposits via iDEAL transfer and competitive spreads (1%) for trading crypto assets. This pricing structure is more affordable than popular alternatives like Coinbase, which typically charges 1.5% - 2% per trade.
Is iDEAL Crypto-Friendly?
Yes, iDEAL stands as a reliable gateway for smooth crypto transactions, partnering with platforms that are well-regulated by respected financial entities like the Dutch Authority for the Financial Markets (AFM) and other noteworthy European organizations such as the Cyprus Securities and Exchange Commission (CySEC). This means that when you use iDEAL to transfer Euros to these certified platforms, you're adhering to established protocols designed to prevent financial misconduct.
So, if you're considering stepping into the crypto space, iDEAL offers a safe and compliant pathway to start your investment journey, giving you peace of mind that your transactions are both secure and within the boundaries of legal standards.
Bottom Line
In conclusion, iDEAL has positioned itself as a reliable conduit for facilitating secure and efficient cryptocurrency transactions in Europe. By aligning with platforms like eToro that adhere to stringent regulations set by entities such as the AFM and CySEC, individuals can confidently transfer Euros for crypto investments. This ensures not only a seamless crypto purchase experience but also compliance with established financial protocols, granting users peace of mind and a trustworthy pathway into the dynamic world of digital assets.