Bitvavo welcomes Dutch users from US crypto platform Gemini

The US based crypto exchange Gemini informed their Dutch users today that they will stop offering crypto services to the Dutch market as of 17th November 2023. This is due to requirements imposed by De Nederlandsche Bank (DNB).

Gemini is calling on customers to proceed in withdrawing all fiat and crypto asset balances from their Gemini account, ensuring that customers no longer have a balance on their account as of 17th November 2023. 

For customers that wish to transfer crypto assets to another exchange, Gemini has identified Bitvavo as a local exchange, registered with DNB. 

Bitvavo as regulated alternative

As a registered crypto exchange and market leader in the Netherlands, Bitvavo is the best regulated alternative for Dutch Gemini users. Bitvavo has over 1 million users who appreciate Bitvavo for its comprehensive and user-friendly platform, offering 200+ digital assets, and low trading fees of 0.03 - 0.25%.

Earlier this year Bitvavo acquired the customer base of LiteBit and welcomed tens of thousands of customers from Binance after they announced to leave the Dutch market. The welcoming of new customers from Gemini and other platforms further strengthens Bitvavo’s leading position in the Netherlands and accelerates its journey towards becoming the number one crypto platform in Europe.

Easy transfer service

Bitvavo offers a safe and easy transfer service. On this page, you can read how to transfer your digital assets from Gemini to Bitvavo. 

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