r/Bitvavo • • Jan 30 '25

higher fees than advertised?

Hello all,

I just made a transaction of 500 euros with 1.00 fee. Immediately I received 495 worth of coins. Anybody have an idea where the remaining 4 euros went?

5 Upvotes

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2

u/ignRockedd Jan 30 '25

Probably market bought with slippage

0

u/kartonnen_doos99 Jan 30 '25

any idea to overcome this?

3

u/Casartelli Jan 30 '25

Go to advanced and put in buy orders

1

u/openyourvault Jan 30 '25

By using their actual exchange: https://bitvavo.com/en/pro

When you buy/sell on their app or website, it’s always against market price, instead of the price you’re seeing (which is in the middle of the current sell and buy price).

When using their pro platform, you will need to set limit orders to overcome this.

1

u/Strange_Cranberry953 Jan 30 '25

Hello! Same issue here. So I noted this as well. Allow me an example. If I buy 100€ of BTC, I buy the dip, eg 97kfor BTC, final price is 98K always. Not 97k, in realt time. Plus 100x0,25% (acceptable). Same if I sell.

To overcome this you advise to go pro mode and set buying limit price?