Comparison of Bitvavo vs Yellow Card [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Bitvavo vs Yellow Card comparison!

Your expert: Alejandro Borja

bitvavo

Bitvavo

  • Threenvest valuation: 4,2/5
  • US legal: No
  • Security: High 4,9/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

Yellow Card

Yellow Card

  • Threenvest valuation: 3,6/5
  • US legal: No
  • Security: High 4,5/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Main points

Fees

0,15%/0,25%

Earns

Yes

Customer service

4/5
hidden

Fees

No

Earns

4/5

Customer service


Recommended for

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold

Yes
Yes

Beginners

No

Trading

No

Passive income

Yes

Buy and hold


Comparison of fees

Rating

4.1 – Low fees with additional discounts for high-volume traders.
3.8 – Reasonable fees with strong local support in Africa.

Level

0,15%/0,25%
hidden

Brief explanation

Bitvavo’s commission structure is designed to be highly competitive, particularly appealing to both new entrants and experienced traders in the cryptocurrency market. The platform operates on a tiered fee system where the trading fees decrease as the user’s 30-day trading volume increases. Starting from 0.25% for takers and 0.15% for makers, these fees can go as low as 0.03% for takers and 0.00% for makers, depending on the trading volume. This encourages active trading and is beneficial for high-volume traders seeking to minimize costs while maximizing their trading strategies.
Yellow Card’s fee structure is designed to be straightforward and competitive, particularly catering to its primary audience in Africa. The platform charges a nominal fee on transactions, which varies slightly depending on the payment method used and the specific fiat or cryptocurrency involved. These fees are generally on par with regional standards and are structured to encourage frequent small transactions, which is typical among its user base. This makes Yellow Card an appealing option for users who value transparency and affordability in their trading activities.

Bitvavo

bitvavo
Read bitvavo review
  • Year Founded: Established in 2018, Bitvavo has swiftly risen to prominence within the European market, demonstrating robust growth and stability in a relatively short period. This rapid development signifies strong management and a solid business model, instilling confidence in its longevity and reliability.
  • Security Methods: Bitvavo places a high priority on security with comprehensive measures to protect user assets. These include cold storage for a majority of funds, two-factor authentication, and advanced encryption technology, ensuring that users' data and funds are safeguarded against unauthorized access and cyber threats.
  • Possible Regulation: Operating from Amsterdam, Bitvavo adheres to European financial regulations, which are known for their strict standards. Compliance with these regulations not only confirms the legitimacy of the exchange but also ensures it operates under stringent oversight, enhancing user trust.
  • Reputation and Reviews: Bitvavo has cultivated a positive reputation among its users and in the broader crypto community, reflected in numerous favorable reviews. Users frequently cite the platform's user-friendly interface, low fees, and excellent customer service as major advantages, which speaks to its reliability and the quality of services offered.
  • Customer Service: Commitment to providing excellent customer support is a cornerstone of Bitvavo's operational philosophy. The exchange offers responsive support through multiple channels, ensuring that users' queries and issues are addressed promptly and effectively, which is crucial for building and maintaining trust, especially in the dynamic environment of cryptocurrency trading.
  • Pros
  • Low trading fees.
  • User-friendly interface.
  • Wide range of cryptocurrencies.
  • Cons
  • Limited to European users.
  • No educational resources.

Read bitvavo review

Yellow Card

Yellow Card
Read bitvavo review
  • Focus on African Markets: Yellow Card specifically targets African users, understanding and addressing the unique financial challenges and needs in the region, which highlights their commitment to their user base.
  • Reputation and Reviews: Despite being relatively new, Yellow Card has garnered positive reviews for its user-friendly interface and the ease with which users can trade cryptocurrencies, which is crucial for building trust among new entrants to the crypto space.
  • Customer Service: Yellow Card places a strong emphasis on customer support, ensuring that users have access to help whenever they need it. This is especially important for users new to cryptocurrency, making the platform more approachable.
  • Security Methods: The exchange employs robust security measures to protect user accounts and transactions, which is fundamental for user confidence in handling digital assets.
  • Year Founded: Having been established in 2016, Yellow Card has had time to develop and refine its services, gaining valuable experience and insights into the market, which help in providing reliable and effective services.
  • Pros
  • User-friendly interface
  • Focus on African markets
  • Supports local payment methods
  • Cons
  • Limited cryptocurrency variety
  • Smaller user base

Comparison sponsored by the best exchange

eToro

eToro Special Offer*

Earn up to 4.90% APY on uninvested cash with eToro USA.

Account Minimum

Get started with just $50.

And 1% fee on all cryptocurrency trades.

Read our eToro review here
etoro logotipo
Go to eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Product selection

Native token

No
No

Earns

Yes
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Bitvavo B.V.
Yellow Card Financial

Regulation

Regulated in the Países Bajos
Not regulated

Year founded

2017
2016

Founder

Unknown
Chris Maurice

Payment methods

Transfers

Yes
Yes

Mastercard

Yes
No

Wire transfer

Yes
No

Card

Yes
No

Comparative table

Bitvavo FEATURES Yellow Card
Bitvavo allows users to start trading with small amounts, making it accessible for beginners.
Minimum Trade
Yellow Card supports relatively low minimum trades, making it accessible for beginners who might want to start small.
Bitvavo offers some of the lowest fees in Europe, which are transparent and competitive.
Trading and Transaction Fees
The platform offers competitive fees, though not the lowest in the market. This could be more attractive with clearer fee structures.
Supports a wide variety of over 50 cryptocurrencies, catering to diverse trading preferences.
Number of Cryptocurrencies
Offers only a limited selection of cryptocurrencies, which could be a limitation for those looking to trade beyond the most popular coins.
Offers a robust selection of trading pairs, allowing for versatile crypto-to-crypto transactions.
Crypto-to-Crypto Trading Pairs
Limited trading pairs are available, focusing primarily on major cryptocurrencies, which restricts trading strategies.
The website provides clear information about fees, policies, and trading options.
Website Transparency
Yellow Card’s website provides clear information about their services and fees, enhancing user trust.
While Bitvavo excels in providing a secure and user-friendly trading platform, the lack of an exchange card limits the flexibility for users to spend and gain direct benefits from their cryptocurrency holdings in everyday transactions.
Credit/Debit Card
Yellow Card lacks an exchange card, missing an opportunity to extend additional benefits and conveniences to its users.
Provides secure storage solutions with cold storage options for the majority of assets.
Storage Offering
Provides secure storage options, though details on cold storage or insurance would enhance user confidence further.
Offers staking services with rewards but has room for expansion in terms of options and higher returns.
Staking and Rewards
Offers basic staking services but lacks the variety and competitive rates found on more established platforms.
Both the mobile app and desktop platforms are highly user-friendly and well-designed.
Mobile App and Desktop
Both mobile and desktop platforms are user-friendly and highly functional, suitable for traders on-the-go or at home.
Exceptional customer service with multiple channels for support and quick response times.
Customer Service
Generally responsive and helpful customer service, although peak times can see slower responses.
Efficient deposit and withdrawal processes, although improvements can be made in variety.
Deposit and Withdraw
Supports multiple deposit and withdrawal methods, though some users may find the options limited compared to larger exchanges.

Key features

Analysis tools

Basic charting tools
Basic buying and selling, no advanced tools

Mobile APP

No
No

Security

High 4,9/5
High 4,5/5

Additional features

Staking, Bitvavo Earn program, API access, fiat on/off ramps
Crypto-to-fiat services, bill payments, mobile top-ups, staking

Anonymity

No
Yes

Key points

Available cryptocurrencies

150+
Few, primarily major cryptocurrencies

User-friendliness

Bitvavo features an intuitive and user-friendly interface that is easy to navigate, making it suitable for beginners. The platform focuses on providing a smooth and seamless trading experience.
Yellow Card provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.

Value for money

Delivers good value for money with low trading fees and a user-friendly interface, making it an affordable choice for European traders.
Provides decent value for money with competitive fees and strong local support in Africa, making it a good choice for regional users.

Countries of operation

Netherlands, Germany, France, Spain, Italy
Nigeria, South Africa, Botswana, Kenya, Ghana

Best for

Great for European traders looking for a user-friendly platform with low trading fees and a diverse selection of cryptocurrencies.
Ideal for African investors seeking a reliable platform with competitive fees and strong local support.

Base currencies available

EUR, BTC
Multiple local currencies, BTC

Account

Trading

Bitvavo is a European exchange known for its low fees and wide range of cryptocurrencies. It offers a user-friendly interface but lacks some advanced trading features.
Yellow Card is a popular exchange in Africa, offering easy fiat integration and a user-friendly platform. It supports a good range of cryptocurrencies but has higher fees compared to some other exchanges.

Deposit and withdrawal

Bitvavo supports various deposit methods, including bank transfers and crypto. Withdrawals are processed within a day, with minimal fees, making it user-friendly.
Yellow Card is popular in Africa, offering easy fiat and cryptocurrency deposit methods. Withdrawals are processed efficiently, with competitive fees.

Account opening process

Bitvavo provides an easy and quick account opening process. Users need to fill out personal details and verify their identity. The process is fully digital and typically takes less than a day to complete.
Yellow Card provides a straightforward and user-friendly account registration process. Users need to provide personal information and verify their identity. The process is efficient and typically takes less than a day to complete.

KYC required?

Yes
No

Customer Service

Bitvavo provides support via email and live chat. The support team is responsive and helpful, but the lack of 24/7 support can be a limitation for some users.
Yellow Card provides support through email and live chat. The response time is quick, and the support team is available 24/7, making it reliable for users in Africa.

Security

Bitvavo employs comprehensive security measures, including 2FA and cold storage. It is regulated by Dutch authorities, ensuring high security for investors.
Yellow Card employs comprehensive security measures, including 2FA and cold storage. It is regulated by African authorities, ensuring high security for investors.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As an expert on our website, I highly recommend Bitvavo for those looking to engage in cryptocurrency trading, especially within Europe. The exchange combines low fees, a user-friendly interface, and robust security measures, making it an excellent choice for both beginners and seasoned traders. With its wide range of cryptocurrencies and effective customer support, Bitvavo stands out as a reliable platform to efficiently manage your digital assets.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an expert closely analyzing Yellow Card, I appreciate its focused approach to serving the African market. Its user-friendly interface and support for local payment methods make it an excellent choice for newcomers. However, I recommend potential users consider the limited variety of cryptocurrencies offered. This platform is ideal for those starting their journey in crypto trading or those who primarily deal with major cryptocurrencies.

View all comparisons against Bitvavo

View all comparisons against Yellow Card

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives Bitvavo and Yellow Card