AFMRegulated
Netherlands Crypto Asset Exchange License (CEX)
Bitvavo
Regulated in Netherlands
Crypto Asset Exchange License (CEX)
Basic Information
Country/RegionNetherlands
Exchange AbbreviationBitvavo
Company NameBitvavo B.V.
Operating Period5-10 years
Websitehttp://bitvavo.com/en
Exchange TypeCentralized Exchange
RiskNotice
2 risk alerts
- License No.
- Unreleased
- Regulatory Jurisdiction
- Netherlands
- Licensed Entity
- Bitvavo B.V.
- Effective Date
- 2025-06-26
- Sharing Status
- No
Exchanges with 24H trading volume exceeding 82.90%
55 /100
$664,570,000
2.36% Exchange Overview
Exchange Overview
Bitvavo makes trading cryptocurrencies simple and accessible. Our platform combines a wide selection of coins, transparent and fair fees, and high security standards for beginners and advanced users, in the app and the web version.
Business Region
InfluenceAA0
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10
News
8
WikiBit Exchange Exit Risk Ranking #18: Poloniex — How Did the 12-Year “Living Fossil” of the Crypto Industry Become a “Top Wanted Target” in the Eyes of Regulators?
Preface: The Two Sides of a “Legacy Brand” In the previous 17 editions, we investigated a series of exchanges ranging from HashKey to BigONE. Today, in the 18th edition, we turn our attention to a true “ancient beast” of the crypto world — Poloniex. Its résumé could be described as a “living fossil among crypto exchanges”: “Founded in 2014,” “12 years of operating history,” “one of the earliest exchanges to introduce Proof of Reserves (PoR),” “maintaining a reserve ratio above 100% for 20 consecutive months,” “a $100 million user protection fund,” “daily trading volume exceeding $1.1 billion in April 2026, surpassing Bitget and MEXC,” “supporting more than 350 cryptocurrencies” — doesnt that sound like the perfect image of a “long-established and reliable major exchange”？ But on the other side of the story: The Seychelles Financial Services Authority (FSA) issued a public warning in March 2026, stating that the company operating Poloniex had already been dissolved on January 1, 2022, and was no longer a legitimate legal entity. The U.S. SEC previously fined Poloniex $10 million, accusing it of knowingly operating an unregistered securities trading platform. Indias Financial Intelligence Unit (FIU-IND) ordered Poloniex to be blocked for violating anti-money laundering regulations. Trustpilot gave Poloniex a score of only 2.0/5,
WikiBit Exchange Exit Scam Risk List — No. 17: BigONE — Li Xiaolai and “Old Cat’s” “Living Fossil” of the Crypto World: How Did It Become a “Regulatory Blacklist Regular”?
Introduction: The A and B Sides of a “Living Fossil” in Crypto Over the first 16 editions, we dug into a series of exchanges ranging from HashKey to Hibt. Today, in the 17th edition, we turn to a genuine crypto “old-timer” — BigONE. Its résumé reads like a “living fossil” of the crypto industry: “Founded in 2017,” “the original Yunbi team,” “co-founded by Li Xiaolai and Old Cat (Yu Wenzhuo),” “incubated by INBlockchain (InBlockchain Capital),” “ranked No. 40 globally on CoinMarketCap,” “nine years of operating history,” and “approximately $426 million in Proof of Reserves (PoR).” Sounds like a veteran, legitimate crypto institution, right？ But on the other side of the story — Japans Financial Services Agency (FSA) has repeatedly warned and cracked down on it for “continuing to operate without obtaining a license despite receiving multiple warnings.” On September 2, 2026, the Korea Digital Asset Exchange Alliance (DAXA) found that BigONE was allegedly operating in South Korea without registration and called for a police investigation. CoinPaprika labels it “not MiCA compliant,” with a confidence score of only 5.76%. WikiBit describes it as operating under “loose regulation.” CoinGecko gives it a Trust Score of 5/10, while Trustpilot rates it just 2/5. In July 2025, BigONE suffered a supply-chain
WikiBit Exchange Exit Scam Risk Report #16 — Hibt: MSB “Sticker Compliance” + 3 Million Users, How Did a “Data Giant” Become a Withdrawal Black Hole?
Introduction: A “Split-Personality” Exchange With Impressive Data and Extremely Difficult Withdrawals In the previous 15 editions, we investigated a series of exchanges ranging from HashKey to OrangeX. For the 16th edition, we are looking at one of the most “split-personality” platforms in the crypto industry — Hibt. Its resume sounds almost like a crypto “humblebrag” masterpiece:“Registered in Canada in 2021”“Headquartered in Dubai, with operations across Japan, South Korea, and other regions”“Holding Canadian and U.S. MSB registrations”“470+ cryptocurrencies and 500+ trading pairs”“Ranked among the global top 50 exchanges on CoinMarketCap, with over $1 billion in 24-hour spot trading volume”“90% of assets stored in cold wallets”“200+ professional employees”“Serving more than 3 million users worldwide” At first glance, this sounds like a platform with the configuration of a top-10 global exchange. But on the other side:WikiBit rating: 6.06/10, labeled “No Effective Regulation”Trustpilot rating: 2.2/5, with users openly calling it a “SCAM”Some users report that withdrawal applications have remained under review for more than two months, with funds never returned So how did a “data giant” claiming billions in trading volume become a “withdrawal black hole” in users eyes？ Today, we break it down layer by layer.1. Regulatory Compliance: An MSB Is a “Sticker,” Not a Real License Hibts “Compliance Package”
