At Bitvavo, you can withdraw a maximum of €25,000 per 24 hours. This amount is cumulative for both euro and crypto withdrawals.
Eddy can withdraw €10,000 to his IBAN and €15,000 in BTC to an external wallet, totaling €25,000 within 24 hours.
Tom does not need to provide documentation. He is able to withdraw his entire balance within 25 hours and in 2 transactions under the current standard limits. If he provides documentation, it will not be processed.
If you want to withdraw more than this limit, you must provide documentation on the source of your funds. Your balance must be at least €80,000 in that case. Below that amount, you can withdraw your entire balance within 4 days. After submitting the required documents, the compliance team will review your request and respond via email.
Frequently Asked Questions
Why do you have withdrawal limits?
We want to prevent money laundering and illegal funds. That is why it is important that Bitvavo knows the source of the deposited euro/crypto funds of our customers. Bitvavo is legally required to demonstrate the source of funds of our customers. The regulation for this is The Anti-Money Laundering and Terrorist Financing Act (WWFT) regulations.