Yes, that’s possible! Aside from allowing our customers to buy Ripple, we also offer Ripple to EUR exchange services. The only things we require of you are your bank account and the Ripples you like to sell. We will take care of the rest!

Wondering what other cryptocurrencies you can buy and sell at SATOS? Take a look at these pages:

• Buy Bitcoin
• Buy Ethereum
• Buy Litecoin
• Buy Bitcoin Cash

Cryptocurrencies are often subject to discussion in the media. Unfortunately, the media has also helped circulate much disinformation. You may have once read that cryptocurrencies form the ideal port of refuge for criminals because it allows for anonymous payment. Nothing could be further from the truth. The entire transaction history of a wallet is stored on a public blockchain accessible to everyone. This means that everyone can see how much Ripple is inside every wallet. Therefore, you should be careful when sharing personal details because this may allow users to link your identity with a particular cryptocurrency wallet. Within the crypto environment, protecting your privacy is always your responsibility.

The value of cryptocurrencies (including Ripple) goes up and down every day. The rate fluctuations can be enormous. This is partly due to the fact that the oldest cryptocurrency, Bitcoin, has only been around for about ten years. The crypto market still finds itself in a very early stage of development. Its markets often lack liquidity, which hinders good business practices and causes violent rate fluctuations. Because of these circumstances, we recommend you to thoroughly research the market before you commence investing. Also, never invest all your savings in crypto. Investing is a risky endeavour, and you should never invest more in Ripple than you can afford. Would you like to know more about Ripple pricing and the dynamics behind it? Consult our Ripple price analysis to find out more about the factors driving the price of bitcoin.

Yes, you should! You have to use your own bank account unless you have someone else’s written approval to use his/her bank account. In this case, please contact us in advance.

As can be read in our terms of use, we can unfortunately not guarantee that your cryptocurrency will arrive if you send it directly to an exchange. We therefore recommend that you always use your own wallet. If you decide to use a wallet address from an exchange, keep in mind that it can sometimes take a little longer before your order is on the exchange in your wallet. Exchanges generally wait for a number of confirmations from the network before they adjust your balance.

No, we are required by law to request your details when placing an order. Read our KYC / AML policy for more information.

The costs are on average 1-2% of the purchase amount. These are the costs that we charge for our services. These costs depend on supply and demand and differ per crypto currency. As a rule of thumb, the larger the amount, the more favorable the exchange rate!

Unfortunately, we do not yet offer this option. We do hope to implement this feature at a later stage.

No, you can buy as much Ripple as you like. The only restriction we enforce at SATOS is a transaction limit of EUR 10,000 per transaction. The number of consecutive transactions you can complete is unlimited.

You can place your order from EUR 50 and up. Above this amount, the delivery charges become more proportional when taking the purchase sum into account.

We strive to transfer your order to your wallet within 15 minutes. We are, however, still dependent on banks and the blockchain. Are you a first-time customer at SATOS? Then we will first have to verify your bank account. This only takes a few minutes.

Paying taxes is also an integral component of cryptocurrency. Always ensure that you file your crypto assets with the tax authorities. The taxes you need to pay only make up a small part of your capital, and in the Netherlands, the first EUR 30,000 is exempted from taxation. You can find more information about cryptocurrencies and taxes at our dedicated tax page. Ethereum and other cryptocurrencies are nowhere recognised as official currencies, but this doesn’t entail that they are exempted. Consider, for instance, the income tax, corporate tax, asset tax and turnover tax. Cryptocurrencies represent value, and everything that carries value has to be reported to the tax authorities. Also, be aware that you are personally responsible for complying with the applicable tax legislation. To make this a bit easier, we have created an overview of the relevant legislation that will help you figure out how to pay bitcoin tax.

There are a couple of things that you need to know when you are entering the Bitcoin business. One of these is that this form of digital currency allows for a type of money exchange that is different from the one that’s used by traditional banks. Therefore, it is essential that you inform yourself about the features of Bitcoin and the workings of this cryptocurrency. Always do such research before initiating significant Bitcoin transactions. In short: treat your Bitcoins in the same careful manner as you would handle the cash in your wallet. Sometimes, you even need to be more cautious! Also have a look at our cryptocurrency knowledge base. Here we have collected a number of articles for beginning cryptocurrency users.

Cryptocurrencies may form a significant part of your fortune. Therefore, always entrust someone within your close circle of friends with access to your Bitcoin assets. You could even share only half of the private key (your unique wallet access code) or half of your password with someone you trust, and inform a notary of the other half.

When you use your Bitcoin wallet, always first make a backup. Most wallets offer a simple tool to arrange this in just a couple of steps. Is this not entirely clear to you? You can find more information about Bitcoin wallets on our dedicated wallet page. To make it easy for you, we have described a number of tips that can help you safely store bitcoin and other cryptocurrencies.

What’s particular about Bitcoin is that you act as your own bank. You can make transactions from person A to person B without the interference of third parties. You bear responsibility for managing your cryptocurrencies, but this also entails responsibility for securing them. That’s why you should always have a decent virus scanner installed. Prevent criminals and scammers from stealing your hard-earned cryptocurrency by reading more about known forms of bitcoin fraud.

We are available seven days per week from 10 AM to 9 PM. You can reach us through the live chat, by email, or by using social media. For frequently asked questions, please first check our support-page.

Yes, this is not an issue, but be aware of the applicable tax legislation governing business investments. This concerns the profits of your company. For more tax information, please take a look at our tax page.

We understand that privacy is a key concern for you. Therefore, we drafted an entire page covering just this subject. Please have a look at our privacy policy page.

Besides iDEAL, we also offer Bancontact and Belfius payment services. Do you prefer to pay using wire transfer? Then choose the ‘SEPA’ payment method.