Where to Buy Bitcoin and Crypto in the Netherlands | CryptoWallet.com

Once you have created an account with a crypto exchange, you will be able to deposit fiat. Once you have deposited your fiat you will be able to directly buy a limited number of cryptocurrencies. If the cryptocurrency you wish to invest in has a fiat trading pair (for example ETH/euro) then you can simply buy it. But often cryptocurrencies don’t have fiat trading pairs. In this case, you will need to find an intermediary cryptocurrency that you can trade for the cryptocurrency you wish to buy. For example, if you wish to purchase some Cardano(ADA) you must first deposit fiat into your crypto wallet, you can then look at the available trading pairs for ADA. Once you have found a suitable trading pair, for example, BTC/ADA, you can trade your fiat for BTC and then trade your BTC for ADA.

Once you have purchased your desired currency you may want to consider staking it. The best crypto trading platforms in the Netherlands will often offer staking options. Staking is when you offer up your cryptocurrency to be used to validate transactions on the blockchain, you will then receive a percentage of the trading fee. Staking typically yields between 5-10% interest a year and if you are holding for the long term it could be worth consideration. But be careful as there are risks involved, and as always do your own research.