Finst: everything about the European crypto platform with tiny fees
Ultra-low fees, over 400 cryptos, a European license and a password-free login system: Finst has evolved a lot since our first video. To show you the platform as a whole, we opened an account, deposited money and…
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Founded in 2022 by former DeGiro employees (the CEO of Finst was interviewed by Legend recently), Finst is a Dutch platform whose philosophy is based on two ideas: a very broad offer and the lowest possible fees.
On the first point, the platform offers more than 400 cryptocurrencies, all exchangeable in euros or USDC (a real tax advantage for the French, as detailed in the video) as well as Bundles and staking.
On the second, the fees are one-time and capped at 0.15% per order. By adding the cost of the spread (the difference between purchase price and sale price, which represents hidden costs), the gap with other market participants can reach 90%. Just that.
When choosing a crypto platform, the most important thing is certainly to ensure that your funds will be safe and that you can recover them whenever you want. On that front, Finst ticks all the boxes.
The platform has a MiCA license, which authorizes it to operate legally in Europe. Cryptos are held by Fireblocks, an asset custody specialist with over 2,500 institutional clients. The euros are separated from the platform's assets and deposited in regulated European banks, such as BUNQ and ING.
And since we're talking about security, a little surprise awaits you: at Finst, no password. How do we connect, then? The answer is in the video, and it's simpler than it looks.
Registration only takes a few minutes. It is done from a computer or a smartphone, but in all cases, you will have to use the mobile application: so keep a phone handy.
By going through our affiliate link (or by manually entering the code JODC50), you will be entitled to a bonus of 50 euros in Bitcoin if you trade the equivalent of at least 1,000 euros before November 30. A welcome boost for your wallet, without too much effort.
KYC, security questionnaire, etc. : everything is very simple and quick to go through. We detail all the steps in the video (or in this article if you prefer to read).
In the security menu, one setting deserves your attention: crypto withdrawals are disabled by default. This is voluntary protection to avoid beginner mistakes. If you're going to send your assets to your own wallet, you'll need to enable it, and we'll show you how to do it in seconds.
Machine-translated from French
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- Journal du Coin11 Nov, 18:00
| Publisher Journal du Coin (general tier) | +72 |
| Detailed summary | +2 |
| Total | 74 |
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