Bitvavo8 events
- 2025-06-27Licence
AFM authorised Bitvavo under MiCA for the whole EEA
- 2024-12-31Proof of reserves
Proof of reserves covers 13 assets and is attested once a year
- 2024-05-01Breach
Data breach exposed names, home addresses and IBANs
The largest euro spot exchange in the world, licensed under MiCA by the Dutch regulator, with free euro and iDEAL deposits.
Swiss bitcoin-only app with SEPA instant buys, self-custody by default, and a MiCA license covering the EEA.
No verdict: both exchanges score 4.5 out of 5 on our rubric, so the rows below decide by what you need.
Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.
| Fact | Bitvavo | Relai |
|---|---|---|
| Editorial rating | 4.5 | 4.5 |
| Published fees | 0.15% maker at the base tier | Around 1% per purchase |
| Maker fee | 0.15 percent below 100,000 euros of 30-day volume, 0.10 percent above | Not published |
| Taker fee | 0.25 percent below 100,000 euros of 30-day volume, 0.20 percent above | Not published |
| Identity verification | Required | Required |
| Bitcoin-only | No | Yes |
| Payment rails supported | 4 | 6 |
| Countries ranked in | 27 | 39 |
| Ranks first in | 27 | 11 |
| Countries shared | 27 | 27 |
| Security record | 8 dated events, 4 incidents, latest 2025-06-27 | No record on file |
| Founded | 2018 | 2020 |
| Headquarters | Amsterdam, Netherlands | Zurich, Switzerland |
| Last reviewed | 2026-08-23 | 2026-08-12 |
Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.
| Country | Status | Bitvavo ranks | Relai ranks | Comparison |
|---|---|---|---|---|
| Austria | Legal | #1 | #3 | Best exchanges there |
| Belgium | Legal | #1 | #2 | Best exchanges there |
| Bulgaria | Legal | #1 | #4 | |
| Croatia | Legal | #1 | #4 | |
| Cyprus | Legal | #1 | #2 | Best exchanges there |
| Czech Republic | Legal | #1 | #4 | |
| Denmark | Legal | #1 | #2 | Best exchanges there |
| Estonia | Legal | #1 | #2 | |
| Finland | Legal | #1 | #2 | Best exchanges there |
| France | Legal | #1 | #2 | |
| Germany | Legal | #1 | #3 | Best exchanges there |
| Greece | Legal | #1 | #2 | |
| Hungary | Legal | #1 | #4 | |
| Ireland | Legal | #1 | #2 | Best exchanges there |
| Italy | Legal | #1 | #2 | Best exchanges there |
| Latvia | Legal | #1 | #2 | |
| Lithuania | Legal | #1 | #2 | |
| Luxembourg | Legal | #1 | #2 | Best exchanges there |
| Malta | Legal | #1 | #2 | |
| Netherlands | Legal | #1 | #2 | Best exchanges there |
| Poland | Legal | #1 | #4 | Best exchanges there |
| Portugal | Legal | #1 | #2 | |
| Romania | Legal | #1 | #4 | |
| Slovakia | Legal | #1 | #4 | |
| Slovenia | Legal | #1 | #4 | |
| Spain | Legal | #1 | #2 | Best exchanges there |
| Sweden | Legal | #1 | #2 | Best exchanges there |
Dated events from each review, newest first: breaches, enforcement actions, licences, audits and proof-of-reserves publications. 1 of the 2 carry no dated record on our reviews yet.
AFM authorised Bitvavo under MiCA for the whole EEA
Proof of reserves covers 13 assets and is attested once a year
Data breach exposed names, home addresses and IBANs
No verdict: both exchanges score 4.5 out of 5 on our rubric, so the rows below decide by what you need. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.
Bitvavo: 0.15% maker at the base tier. Relai: Around 1% per purchase. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.
Both are ranked in our guides for 27 countries, including Austria, Belgium, Bulgaria, Croatia, Cyprus. Bitvavo is ranked in 27 countries in all and Relai in 39; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.
Bitvavo carries 4 incidents among 8 dated events, the latest on 2024-05-01: Data breach exposed names, home addresses and IBANs. Relai carries no dated security record on our review yet, a gap in our records rather than a clean bill. Both reviews list every event with its source.
Bitvavo: required. Relai: required; identity verification is required, in line with Relai's Swiss and EU regulatory obligations..
The full reviews: Bitvavo and Relai, each with its sources, and every exchange we review.
Every other head-to-head Bitvavo or Relai appears in.