CoinRoutes enhances crypto liquidity with Bitvavo, the leading EUR spot trading exchange

Rick Steves

“We are delighted to welcome Bitvavo into CoinRoutes’ network, which already includes 60+ liquidity venues, encompassing top-tier exchanges, custodians, OTC desks, and prominent market makers.”

CoinRoutes has announced its integration with Bitvavo, a major player in cryptocurrency exchange for EUR spot trading, in a move that enhances the firm’s reach among leading crypto-asset trading venues and provide institutional traders with improved access to liquidity and advanced trading tools.

Bitvavo, known for its dominant position in the European market, processes a significant portion of EUR spot volume. With a user base of approximately 1.5 million and access to over 200 crypto assets, Bitvavo is a prominent figure in the European crypto exchange landscape.

Registered with the Dutch Central Bank, Bitvavo ensures not only a secure trading environment but also full regulatory compliance, a crucial factor for institutional traders.

In a recent strategic move, Bitvavo introduced a fee structure that includes 0% maker fees and 0.02% taker fees for BTC and ETH trading, intending to extend these competitive rates to more trading pairs in the future. This pricing strategy positions Bitvavo as an attractive platform for institutional traders, offering both security and deep liquidity.

CoinRoutes’ partnership with Bitvavo enables institutional traders to leverage Bitvavo’s liquidity seamlessly through CoinRoutes’ sophisticated trading platform.

CoinRoutes connected to over 60 liquidity venues

Mark Nuvelstein, CEO & Co-Founder of Bitvavo, anticipates that the integration with CoinRoutes will offer institutional clients a significant boost in execution edge and productivity. “CoinRoutes has an established track record of delivering cutting-edge technology solutions to institutional counterparties around the world, allowing them to navigate the markets with unprecedented ease and efficiency. With Bitvavo now available through CoinRoutes’ sophisticated platform, our institutional clients can anticipate a significant boost in execution edge and productivity.”

Ian Wesiberger, CEO and Co-founder of CoinRoutes, underscored the goal of this collaboration: to offer institutions an expanded range of liquidity options for achieving best execution. “We are delighted to welcome Bitvavo into CoinRoutes’ network, which already includes 60+ liquidity venues, encompassing top-tier exchanges, custodians, OTC desks, and prominent market makers. Through this collaboration, we aim to provide institutions with an expanded array of liquidity options to help them achieve best execution.”

Featuring a state-of-the-art distributed smart order routing system. This system provides quick access to a range of trading algorithms, premier trading venues, and market data, thereby enhancing execution performance and operational efficiency.

Founded in 2018 in Amsterdam, Bitvavo has become the largest crypto exchange in the Benelux region, with a strong focus on making the world of crypto accessible to a broader audience. Bitvavo’s platform is appreciated by its users for its comprehensive offerings, ease of use, and competitive trading fees.

CoinRoutes, on the other hand, stands out as a leading institutional-grade crypto trade Execution Management System (EMS). It offers best execution trading across over 65 major centralized and decentralized exchanges and liquidity providers, covering more than 3,000 assets. CoinRoutes’ patented distributed architecture enables clients to maintain control over their digital wallets and keys while offering advanced algorithms for optimized trading.

This partnership between CoinRoutes and Bitvavo marks a significant development in the crypto trading space, promising enhanced trading capabilities and broader access to liquidity for institutional traders worldwide.

CoinRoutes: A crypto EMS for best execution featuring algo trading, market data, and TCA

Founded in 2017, CoinRoutes offers advanced trading algorithms, market data dashboards, and a proprietary transaction cost analysis feature that measures trading performance. Order types include automated spread trading and multi-product trading in a single order.

The institutional grade crypto trade Execution Management System (EMS) helps participants achieve best execution by trading on over 65 major CEXs, DEXs, and Liquidity Providers covering more than 3,000 assets (spot, perpetuals, futures) via a single API or its trading app.

In a single order, institutional players can trade across DeFi and CeFi, using CEXs, DEXs, and LPs through CoinRoutes’s system, which also allows them to choose counterparties instantly and diversify counterparty risk.

The platform also features advanced algorithms, including automated spread trading and multi-product trading in a single order, which are designed to achieve the lowest costs while minimizing market impact and filling orders faster to reduce slippage.

Moreover, CoinRoutes has a built-in transaction cost analysis (TCA) to evaluate trading performance across its five benchmarks, including the firm’s proprietary Cost Calculator.

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