Our Guide for Buying Bitcoin in Netherlands

Our Guide for Buying Bitcoin in Netherlands

Bitcoin Netherlands Regulations

Regulations on Bitcoin Netherlands are actually quite constructive. Usually, a country might impose an anti-money laundering law (AML Law) to make sure people don’t launder money through Bitcoin. Along with that comes the concept of Know-Your-Customer (KYC). This is required for all Bitcoin customers in the EU. Netherlands has both of these laws and pretty much no other regulations.

That’s because the Dutch government believes that Bitcoin can be a revolution rather than a threat. With the introduction of these two laws, the government has shown that it won’t make Bitcoin illegal. So, expect the Dutch government to be very supportive of the Bitcoin Netherlands community which is developing right now. Check out our guide for how to buy Bitcoin in Netherlands.

Why Invest in Bitcoin Netherlands?

Bitcoin is the industry leader of crypto currencies and it was one of the most profitable investments in the past few years. Even though the currency was boosted by illicit activity, the users quickly realized the potential that Bitcoin had.

Here is a chart of the Bitcoin Price over the last few years:

coindesk-bpi-chart Our Guide for Buying Bitcoin in Netherlands

Champions of online security noted this potential. Since the decentralized technology in bitcoins has a near-perfect ability to keep transactions verified and safe, there was no need for a central governing authority.

People have experienced profits of over millions of dollars on a simple investment of $100. I understand that this was at the height of the Bitcoin spike but it’s been on a steady rise. We at WikiCrypto think that Bitcoin is headed for the stars.

Bitcoin has many applications in daily life due to the super fast transactions which can cripple the current banking system. That’s why we believe that Bitcoin is one of the tenders of the future.

There’s a limited number of Bitcoins that will eventually be created. There will be a higher demand for bitcoin if many people get introduced to the currency. Thus, the price of an individual bitcoin will rise. That’s why it’s one of the most potentially profitable investments on the market today.

Best Broker for buying Bitcoin Netherlands

Plus500 is a popular CFD trading website which offers to buy Bitcoin Netherlands and many countries in the world. The website has real time graphs of all financial instruments. With 23 languages, the website is truly a global platform.

For people who might be doubtful of Bitcoin in general, you should know that Plus500 is regulated by many regulatory authorities around the world. So, if you do deposit money and buy Bitcoin Netherlands, you can be sure that your money is in safe hands.

You can trade other currencies such as Litecoin as well if you’re particularly interested in other cryptocurrencies. With time, the Plus500 platform will enable trading on more cryptocurrencies. So, you can speculate on several major cryptocurrencies at the same time, on the same platform. The website is intuitive and very easy to use for beginners. Plus500 also has an iOS and Android app.

For traders, you can be pretty safe on the Plus500 platform. Essentially, you can set risk management tools to make sure that you minimise your losses.

Check out our guide for how to trade bitcoin here.

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About Article Author

Michael Serrano
Michael Serrano

Michael is an engineer and a bitcoin evangelist. He has been involved in cryptocurrencies since 2013. His biggest wish? 1 billion users of bitcoin, ether and litecoin by 2020. In the last 10 years he has worked for various early-stage start-up as a back-end developer.

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