Bitvavo, the largest crypto exchange in our little country, is constantly working to improve its platform. This time, the Dutch crypto exchange has announced that the mobile app has two new features.
Deposit and withdraw crypto from Bitvavo app
It is now possible to deposit and withdraw crypto in the Bitvavo app, which is available on both Android and IOS. This makes moving your crypto assets even easier. Prior to this update, logging in through a browser was required to move your cryptocurrency. Now you can move your cryptocurrencies wherever you are.
We are happy to announce that we now support deposits & withdrawals directly within our mobile app! 📱
You will now be able to easily fund your account or cash out your balances on the go. pic.twitter.com/6gZ2MTl57b
— Bitvavo (@bitvavocom) March 14, 2023
At Bitvavo it is not just possible to send cryptocurrencies from the exchange to an external wallet. For this you will first have to verify the address. You do this by using a built-in tool on the website: you then make a short video in which the relevant wallet address is clearly visible.
It is important to mention that withdrawal from the app is only possible for wallet addresses that are fully verified. For this you will first have to log in via the browser on a computer.
Previous improvements Bitvavo
About four weeks ago, Bitvavo expanded its offering by making Lido DAO (LDO) available. Also, since just under a month ago, it added Threshold (T) to its offering and also made it possible to include the popular meme coin dogecoin (DOGE).
The most recent improvement came two weeks ago when Bitvavo introduced a tool that makes it easier to keep track of what you owe to the tax authorities. Using this tool, you should be able to declare all your taxes within minutes.
The tool even works for coins that you have on external wallets and other crypto exchanges. With the transparency of the blockchain, you only need the wallet information to find out transaction details and wallet content.