Knaken launches new campaign ‘The Standard’
In a world where traditional banking, with its restrictions, costs, and time-consuming processes, has become the standard for many, we at Knaken ask an important question: why limit yourself to…
Buying cryptocurrency is easier than ever these days, and for many Dutch users, iDEAL is the most popular payment method. In this article, you will discover how to safely buy crypto with iDEAL and why Knaken is the best choice for doing so.
What is iDEAL?
iDEAL is one of the safest and most widely used payment methods in the Netherlands. With iDEAL, you can quickly and securely make payments through your own bank. It offers users a simple way to transfer money directly to online platforms, such as cryptocurrency exchanges, without the need to use your credit card.
Why Buy Crypto with iDEAL?
Buying crypto with iDEAL offers several advantages, especially for Dutch users. Below, we discuss some of the main reasons to choose iDEAL:
1. Fast Transactions: iDEAL transactions are processed almost instantly, meaning you receive your cryptocurrency immediately after payment.
2. Security: Since iDEAL is linked to your bank, it is one of the safest payment methods. You do not have to share sensitive information like credit card details.
3. Convenience: iDEAL is very easy to use and is supported by nearly all Dutch banks. This makes it an accessible option for anyone wanting to invest in crypto.
Where Can You Buy Crypto with iDEAL?
There are several platforms where you can easily buy crypto with iDEAL. Below, we discuss the best options, with Knaken emerging as the top broker.
Knaken – The Best Choice for Buying Crypto with iDEAL
Knaken is a Dutch broker that makes buying crypto simple and secure, particularly for users wanting to pay with iDEAL. Here are some reasons why Knaken is the best choice:
• Safe and Regulated: Knaken is registered with De Nederlandsche Bank (DNB), meaning it meets strict safety and regulatory requirements.
• User-Friendly Interface: The platform is very easy to use, even for beginners. With just a few clicks, you can buy crypto.
• Wide Range of Cryptocurrencies: Knaken offers a wide variety of cryptocurrencies, including Bitcoin, Ethereum, and many altcoins.
• Fast Deposits with iDEAL: You can instantly deposit money into your Knaken account with iDEAL and buy crypto within minutes.
• Low Costs: Knaken is known for its transparent and low transaction fees, allowing you to get more value for your investment.
Advantages of Knaken:
• Fast and secure iDEAL transactions
• Regulated by De Nederlandsche Bank
• Excellent customer service and support
• Suitable for both beginners and experienced users
Bitvavo
Bitvavo is one of the largest Dutch crypto exchanges and also offers the ability to buy crypto with iDEAL. The platform is user-friendly and appears to have low transaction fees, but the rates and spreads are much less favorable than Knaken.
Coinbase
Coinbase, one of the largest international exchanges, also offers iDEAL as a payment option for Dutch users. Although the platform is reliable, transaction fees are often higher than those of Knaken.
How Does Buying Crypto with iDEAL Work?
The process of buying crypto with iDEAL is simple and quick. Below, we explain step by step how to do this via Knaken:
1. Create an Account on Knaken
• Visit the Knaken website and create an account by filling in some personal details. The registration process is straightforward and takes only a few minutes.
2. Deposit Money via iDEAL
• Once your account is created, you can deposit money via iDEAL. Choose the amount you wish to invest and follow the steps to complete the payment.
3. Choose the Crypto You Want to Buy
• After your deposit is processed, you can select from a wide range of cryptocurrencies. Choose the desired crypto, such as Bitcoin or Ethereum.
4. Confirm Your Purchase
• Enter the amount you wish to buy and confirm the transaction. The crypto will be deposited directly into your Knaken wallet.
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Conclusion
Buying crypto with iDEAL is the fastest and safest way for Dutch users to invest in cryptocurrency. Although there are several platforms to choose from, Knaken stands out as the best choice thanks to its excellent combination of safety, low costs, and user-friendliness.
Start investing in crypto via Knaken today and experience for yourself how easy it is to pay with iDEAL!
Knaken Cryptohandel B.V. is registered with De Nederlandsche Bank N.V. (DNB) as a provider of crypto services. DNB supervises Knaken Cryptohandel B.V.'s compliance with the Money Laundering and Terrorist Financing (Prevention) Act and the Sanctions Act 1977. Knaken Cryptohandel B.V. is not subject to prudential supervision by DNB or conduct supervision by the AFM. This means that there is no supervision of financial requirements or business risks and there is no specific financial consumer protection.
Investing in crypto-related products involves significant risks.
