Backpack vs Bitvavo Comparison
| 0.08/0.10% spot, 0.02/0.05% futures; 0.85% swap | Fees | 0.25 % |
| ~€5.75 | Cost for €1,000 | € 2.60 |
| ~50+ | Cryptos | 350+ |
| Card, bank via Banxa; SEPA limited | Payment Methods | SEPA Instant Transfer, SEPA Transfer |
| VARA (Dubai); EU rollout via FTX EU only now | Regulation | MiCA license via Netherlands AFM |
Pros & Cons
- Low maker fees starting at 0.08% and taker fees starting at 0.10%
- Staking is available
- Wallet and exchange in one ecosystem
- VARA license in Dubai
- Cost transparency is seen as room for improvement – hidden costs occasionally criticized
- Wallet transfer fees are not disclosed
- No savings plan available
- Swap fees of 0.85% occasionally criticized
- BaFin license available, custodians Tangany and Sutor Bank are also licensed
- Low trading fees of 0.25%
- Total costs of only €2.60 per trade
- Over 350 cryptocurrencies available
- Transparent fee structure without hidden costs
- Savings plan (app only) and rewards program (staking) available
- Payment methods limited to SEPA and SEPA instant transfer – credit card and PayPal are room for improvement
- Bitvavo B.V. temporarily suspended services for German customers in 2024 – resumption via Hyphe Markets GmbH is occasionally criticized
- Savings plan available via the app only
User Experiences
AI AnalysisNot enough reviews available.
Users generally report mostly positive experiences with Bitvavo, especially regarding usability and costs. In the reviews, the clear app and low fees are often praised, while support and technical reliability are also mentioned more critically.
This analysis is based on 591 user reviews from Apple App Store, Trustpilot, and Google Play Store evaluated with AI. The total number of reviews on the respective platforms may be higher — the platform ratings shown (star ratings) refer to all reviews available there. The reviews presented reflect user experiences and do not represent the site operator’s own assessment. All information is provided without guarantee. Status: April 2026. This comparison does not constitute investment advice.
Features
| ✓ | Savings plan | ✓ |
| ✓ | Staking | ✓ |
| ✓ | Wallet transfer | ✓ |
| ✓ | Cost transparency | ✓ |
| ✓ | 2FA security | ✓ |
| ✓ | SEPA transfer | ✓ |
| ✓ | Credit card | ✓ |
| ✓ | Minimum amount | ✓ |
| ✓ | Mobile app (iOS/Android) | ✓ |
| ✓ | Web platform | ✓ |
| ✓ | Anti-phishing code | ✓ |
| ✓ | SEPA instant transfer | ✓ |
- Maker fees starting at 0.08% are considered low
- VARA license in Dubai
- Wallet and exchange on one platform
- BaFin-licensed with operations in Germany via Hyphe Markets GmbH
- Total costs of €2.60 are considered particularly low
- Transparent fee structure without hidden costs
- Low wallet transfer fees of around €0.40
- Minimum investment from €5
Details
| Trek Labs (FTX ties) | Company | Hyphe Markets GmbH |
| Dubai (VARA) | Headquarters | — |
| 2023 | Founded | 2021 |
| VARA (Dubai); EU rollout via FTX EU only now | Regulation | MiCA license via Netherlands AFM |
| Unclear | Minimum Amount | € 5 |
| Yes | KYC | Photo ID |