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How to buy bitcoin in Netherlands

Netherlands
Bitcoin

Although many experts say that bitcoin is starting to give way to Ethereum and Tether (USDT) and other much newer cryptocurrencies, there is still the largest number of transactions on the BTC blockchain. It is the relatively long history of this cryptocurrency that makes the largest number of users trust it to store their funds. And bitcoin as a type of investment is especially popular in the European Union.

The Netherlands is very positive about cryptocurrency. Moreover, in the city of Arnhem, you can pay for almost everything with cryptocurrency, from going to a cafe and buying food in the store to paying utilities and rental accommodation. At the same time, there is no official regulation of cryptocurrencies at the state level, but the government plans to change this soon and to introduce laws based on the experience of other European countries, this means that the income from transactions with cryptocurrency will be taxed, and crypto organisations will necessarily be licensed.

The Itez service will help you buy bitcoin in the Netherlands with a bank card. The purchase will take a few minutes. You can find the detailed instructions below.

How to buy Bitcoin on Itez:
step-by-step instruction
1.

In order to buy bitcoin, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of BTC based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 50 USD. By the way, the same applies to the euro - the starting purchase threshold starts at €50. Well, in our instructions, as promised, we will go through all the stages of purchase BTC for dollars step by step.

2.

After converting the currency to BTC, you will see the final result in the "You Get" field and on the "Buy" button. Click the button and enter your email address in the following window.

3.

Verify your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.

4.

Specify the purchase amount in the Itez dialog box. Copy the recipient address - your bitcoin wallet - from the “Accept” section.

Important: you should not manually copy the bitcoin wallet address. The blockchain system does not give any information about bitcoin addresses problems, and if an error occurs during manual entry, all the buyer's funds may be lost.

For example, this is how the copy address button looks like in the Exodus wallet:

5.

After copying the bitcoin wallet address, paste it into the dialog box.

Check your data — it is important to make sure that the address is entered correctly.

6.

After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.

7.

Push the “Pay” button and enter the one-time bank code in the following window. As soon as the transaction receives 6 confirmations in the blockchain network, your bitcoin wallet balance will be top-up.

Important: the transaction will wait for confirmations for time. After six network confirmations, bitcoin will be on your e-wallet; when buying with Itez it will take for about 15 minutes. This is a very good speed for the Bitcoin network since transactions in the most popular blockchain network are somewhat slower than in other networks due to its properties and high load.

8.

The transaction will first wait for confirmations from the blockchain network.

After six confirmations, the BTC networks will be yours for good; when buying from Itez, this will happen on average within 15 minutes.

This is a very good indicator for the Bitcoin network, since transactions are somewhat slower in the most popular blockchain network than in other networks, due to its design features and high workload.

Banks

In the Netherlands, a developed banking system has been formed, the activities of which go far beyond the national scale. The country's capital Amsterdam is known as one of the largest centres of the financial world. The Dutch government is gradually liberalising the country's banking system, allowing it to develop more and more. It is becoming more digitised and comfortable, attracting foreign investors and customers.

The largest banks in the Netherlands included in the world rankings are the following: ABN AMRO, Amsterdam Trade Bank, ASN Bank, Rabo bank, Bunq, etc.

Bank cards

In Itez, you can buy bitcoin in the Netherlands from any bank card, whether debit or credit. You can pay in euros or dollars. You can use Visa, Mastercard, Maestro, American Express payment cards, as well as virtual Google Pay, Apple Pay, Samsung Pay.

How to store bitcoin

Bitcoin is the most popular cryptocurrency in the world, and therefore there are many services for storing it. When choosing, we advise you to rely on your own comfort, as well as on the reliability of the service. You can choose the right one on the official bitcoin website following the link bitcoin.org. Do not forget to write down the seed phrase while registering. It will allow you to restore the wallet if you lose your password or access to email.

Itez
About Itez

Itez is an instant bitcoin purchase resource. Itez is a certified operator holding a license to sell and store cryptocurrencies of a financial regulator from Estonia. What does this give to customers?

First of all it is safety, since the operator is fully responsible for the risks. He conducts a compliance check, provides cryptocurrency on time and is always in touch with customers, if the need arises. Secondly, it`s efficient. The average time for receiving bitcoin to a client's account is a quarter of an hour. For comparison, let's take similar services Indacoin and MoonPay: when working with them, the time it takes for bitcoin to be credited to the client's electronic wallet will take for about an hour - it depends on how busy the network is. Thirdly, the service offers to customers a favorable exchange rate. Rate changes occur in accordance with the liquidity provider's information, therefore, the BTC value on the Itez website is as close as possible to the market value. The site has no hidden fees as the final BTC value is displayed instantly. If the purchase price does not exceed € 300, then the buyer does not need verification.

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