Before we dive into the detailed analysis, here's a summary of the most important facts about Venga at a glance.
Quick Summary: Venga
About Venga: Its Origins and Who It's Intended For
Venga is a cryptocurrency investment app founded in Barcelona in 2023 and launched to the public in 2024. Its platform combines buying, selling, exchanging, custody, sending, receiving, and withdrawing funds to a bank account in euros, as well as Earn products, all within a simple mobile interface.
Pros
MiCA Authorization from the CNMV and a passport valid throughout the European Union
Simple interface in Catalan, Spanish, and English
Flat, visible commission of 0.80 %
Fee-free euro deposits with Venga and transparent bank withdrawals
Cons
A MiCA license does not constitute a global authorization
A much smaller selection than that of the major global exchanges
More expensive for trading than Binance, Bybit, Bitget, or OKX
It does not offer an order book, API, derivatives, or professional tools
The company was founded by a team with experience in blockchain and fintech. Michael Stroev serves as CEO and co-founder, while Raúl Arribas holds the position of CTO. The company’s headquarters and product development are based in Barcelona, a fact that Venga highlights as a central part of its identity.
Although it is of Catalan origin and its primary regulatory framework is European, Venga is not marketed solely as an app for Spain. Its help documentation indicates that users can create an account from most parts of the world, except for the United States and jurisdictions that are sanctioned, restricted, or included on its internal risk lists.
Who is Venga for? For users who want to buy and hold a limited selection of cryptocurrencies from their mobile devices, with prices and price movements displayed in euros, without having to deal with a professional trading platform.
The app is better suited for beginners and those looking to buy and hold than for active traders. It executes trades on behalf of the client, but does not offer a visible order book, maker/taker tiers, futures, margin trading, copy trading, or a public API comparable to that of a global exchange.
Its main point of differentiation is not the breadth of its catalog, but rather the combination of local expertise, an easy-to-understand fee structure, and full MiCA authorization. Users should keep in mind that this European protection does not automatically extend to all countries where the app can be downloaded.
The overall proposal, therefore, has two layers. Within the European Union, Venga Europe S.L. acts as an authorized provider of cryptoasset services. Outside the EU, availability depends on the country, domestic restrictions, and the services that Venga is legally permitted to provide; furthermore, banking operations remain heavily euro-centric.
What level of security does Venga offer?
Venga combines MiCA authorization, custody and segregation policies, identity verification, access controls, and transfer monitoring. It is a relatively new platform and does not publish an individual Proof of Reserves using a Merkle tree, as some larger exchanges do.
The public rating should be displayed using the same format as in the Coinbase review:
MiCA Regulation in Europe and Its International Scope
On July 1, 2026, Venga Europe S.L. obtained authorization as a crypto-asset service provider under MiCA, granted by the National Securities Market Commission. The company is the first Catalan crypto investment platform to receive this license.
The authorization allows the use of the European passport to provide approved services in the 27 member states of the European Union. These services include the custody and administration of cryptoassets, the execution of orders on behalf of clients, and the transfer of cryptoassets.
Prior to MiCA, Venga was listed in the Bank of Spain’s registry as a provider of virtual currency exchange for fiat currency and electronic wallet custody, under number D945. That previous registration did not provide the same prudential scope as the current CASP authorization.
The regulation must be interpreted precisely. MiCA is a European Union framework, not a global license. The fact that Venga accepts users in other countries does not mean that the CNMV provides the same level of protection to residents of any jurisdiction, nor does it mean that all products are available worldwide.
Custody and protection of funds
Venga maintains specific policies regarding the custody, management, and segregation of customer assets. The accounting and operational separation required by MiCA is intended to prevent users’ cryptoassets from being commingled with the company’s own assets.
The cash account service used to execute transactions in euros is provided by OpenPayd Financial Services Malta Limited, an electronic money institution supervised by the Malta Financial Services Authority. Venga clarifies that it is not itself a payment institution.
Cash funds are temporarily held to execute orders. If a transaction cannot be settled within the expected timeframe, the terms provide for their return, minus any applicable fees. Proceeds from a sale are transferred to the customer’s external bank account whenever possible.
Among the key measures and policies are:
- Segregation of cryptoassets and client funds.
- Access controls, monitoring, and incident management.
- Identity verification and anti-money laundering controls.
- Access code and one-time codes for sensitive actions.
- A verified bank account in the account holder's own name.
- Application of the Travel Rule to cryptoasset transfers.
Reserve Test and transparency
As of August 2026, there is no publicly available Venga tool that allows users to verify their balances using a Merkle tree, nor is there a periodic Proof-of-Reserves audit comparable to those conducted by Kraken, Binance, Bybit, or OKX.
This does not mean that the assets lack safeguards. Venga publishes legal documents regarding segregation, custody, order execution, conflicts of interest, and claims, and is subject to MiCA obligations. However, regulatory segregation and a cryptographic Proof of Reserves are different mechanisms.
Transparency would improve if the company published verifiable addresses, aggregate liabilities, or an individual verification of inclusion. Until such a tool exists, users should evaluate the license and custody policies, as well as the counterparty risk associated with any custodian.
Account Security
To open an account, you must complete identity verification and set up access to the app. You can use one-time codes and additional verification steps to validate transactions, devices, or sensitive changes.
Fiat deposits and withdrawals must come from accounts held by the same person as the verified user. Payments from third parties may be rejected. This restriction reduces fraud and facilitates compliance, although it may trigger reviews when bank details do not match exactly.
Pros
CASP authorized by the CNMV under MiCA
Public Policies on Custody, Segregation, and Enforcement
Personal Bank Account, KYC, and Transfer Controls
Regulated cash provider in Malta
Cons
MiCA covers the EU, not all jurisdictions where the app may be accessible
It does not provide a public individual Merkle Proof of Reserves
Holding assets in Venga involves custody and counterparty risk
Their operational history is shorter than that of established exchanges
Where is Venga available?
Venga is headquartered in Barcelona and has its regulatory and banking infrastructure based in Europe, but its help center indicates that an account can be opened from almost anywhere in the world. Availability is subject to nationality, residence, location, sanctions, and internal risk assessment.
The platform is not available to U.S. citizens or residents and prohibits access from U.S. territory. Individuals residing in sanctioned jurisdictions or on Venga’s blacklist are also excluded. The use of VPNs or other methods to circumvent geographic restrictions is not permitted.
In the 27 countries of the European Union, Venga may use its MiCA authorization to provide the services covered by the license. Outside the EU, registration does not guarantee the same dispute resolution framework, all payment methods, or an identical service offering.
The international aspect is still Eurocentric: published bank deposits and withdrawals are in euros, and fiat fees are expressed in that currency. A user from Latin America, Asia, Africa, or another region must check in the app to see if their ID, country, bank, and funding method are compatible before sending funds.
Venga Fees: How Much Does Trading Really Cost?
Venga does not use a maker/taker model because it does not offer customers an order book. It uses a simple execution model with a flat fee for each purchase, sale, or exchange of cryptocurrency.
Trading fee: 0.80 % per buy, sell, or exchange
In August 2026, the published fee is 0.80 % for all exchange and swap transactions. The exact cost is displayed before the order is confirmed and does not depend on whether the user provides or withdraws liquidity.
| Platform | Maker | Taker |
|---|---|---|
Binance
|
0,10% | 0,10% |
Venga
|
Not applicable | 0,80% |
Bitvavo
|
0,15% | 0,25% |
Kraken
|
0,25% | 0,45% |
Coinbase
|
0,40% | 0,60% |
eToro
|
1% | 1% |
The comparison isn't entirely equivalent: exchanges with order books require you to select a pair and order type, while Venga offers a simplified execution process. Even so, the 0.80 % is high for those who trade frequently.
Did you know? Buying €1,000 worth of cryptocurrency with Venga costs €8. If the entire position is subsequently sold for another €1,000, the total fees for the buy-and-sell cycle amount to €16, not including price fluctuations or any potential withdrawal fees.
Deposits and Withdrawals in Euros
Venga does not charge its own fee for depositing euros using compatible banking methods, although the user's bank may charge fees. The source account must be in the name of the same account holder who completed the KYC process.
Withdrawals in euros use three published tiers:
- Up to €1,000: €1 per withdrawal.
- From €1,001 to €5,000: €5 per withdrawal.
- From €5,001 to €10,000: €10 per withdrawal.
The amount and final fee are displayed before confirmation. Outside the eurozone, currency conversions, correspondent banks, or restrictions that do not appear in the general table may apply.
Cryptocurrency deposits do not incur a Venga fee, but the user pays the network fee for the transaction. Cryptocurrency withdrawals are subject to a variable fee based on the asset, network, and current conditions, which is displayed in the app.
Commission on Earn and Other Products
Venga Earn offers flexible and fixed options for certain assets. The rates, terms, and eligible amounts vary with the market and should be checked within the app before signing up.
Although the interface uses the term “staking,” the specific terms of Earn may structure the transaction as a transfer or loan of assets to Venga in exchange for rewards. It should not be assumed that all products involve direct on-chain staking.
| Concept | Cost in Venga |
|---|---|
| Buying Cryptocurrencies | 0,80 % |
| Cryptocurrency Sales | 0,80 % |
| Crypto-to-crypto exchange | 0,80 % |
| Deposit in euros | 0 € per Venga; the bank may charge a fee |
| Withdrawals in euros up to €1,000 | 1 € |
| Cryptocurrency Deposit | 0 € for Venga; the originating network is billed |
| Crypto Withdrawal | Varies by asset and network; visible in the app |
| Venga Earn | Variable compensation based on asset, type, and term |
How to Open an Account with Venga, Step by Step
Sign-up is done through the mobile app. Users must provide their actual address, pass identity verification, and link a compatible bank account before trading in euros.
Step 1: Initial registration
The process begins by downloading the official app for iOS or Android. You enter your phone number or the requested information, verify the code you receive, and set up your login method.
The app is available in Catalan, Spanish, and English. The selected country determines which documents are accepted, the regulatory controls, and the availability of services.
You should not use a VPN to spoof your location. Venga prohibits access from the United States and may block your registration or account if it detects inconsistent geographic data.
Step 2: Identity Verification (KYC)
Venga requires identification before authorizing the transaction. The process may include:
- A valid ID card or passport.
- Selfie or biometric verification.
It may also request your address, tax residence, occupation, purpose of the account, source of funds, and additional documentation. The automated review can be completed quickly, but cases that require manual verification take longer.
The information must be kept up to date. A change in country, identification document, name, or tax residence may trigger a new review and affect the entity or the services available.
Step 3: Link a bank account
To deposit or withdraw euros, a bank account in the verified user's name is used. Venga can verify account ownership and reject transfers from third parties.
The Euro infrastructure is powered by OpenPayd Financial Services Malta Limited. Before making a transfer, be sure to copy the IBAN, reference number, and instructions displayed in the app exactly as shown.
Did you know? Buying €1,000 worth of cryptocurrency with Venga costs €8. If the entire position is subsequently sold for another €1,000, the total fees for the buy-and-sell cycle amount to €16, not including price fluctuations or any potential withdrawal fees.
Step 4: First deposit and first trade
Once the balance has been verified, select the crypto asset, enter the amount, and review the preview. The app displays the 0.80 % fee and the estimated total before you confirm.
Venga states that you can get started for as little as €12. The actual minimum amount for each asset and trade may vary, so please check the final screen.
Summary of Requirements for Opening an Account with Venga
- Be older than 18.
- Reside in an eligible jurisdiction.
- Not be a U.S. citizen or resident.
- Have a valid identification document.
- Complete the identity verification and regulatory information.
- Use your own bank account for transactions in euros.
- Provide proof of the source of the funds when Venga requests it.
Important note: Account approval and limits depend on the country, risk profile, banking method, and documentation.
Available cryptocurrencies: a limited selection
Venga is not a race to offer hundreds of tokens. As of August 2026, the public documentation and its operational tables indicate a catalog of about a dozen cryptoassets, although the exact number may change as new ones are added.
The selection includes major assets such as Bitcoin and Ether, as well as stablecoins and other cryptocurrencies supported by the app. At launch, it offered BTC, ETH, USDT, and TRX; it later expanded its offerings. The market screen is the go-to resource for seeing the assets, networks, and trading pairs available each day.
Venga excludes certain privacy-focused cryptocurrencies, such as Monero, Zcash, and Dash. A token available for purchase may not support deposits and withdrawals on all networks or be eligible for Earn.
Education and Roles: An Experience Focused on Beginners
Venga supports the trading experience with in-app explanations and editorial content on cryptocurrencies, security, and how the market works. The priority is to make the basic steps easy to understand, not to provide a professional trading platform.
| Product | Focus |
|---|---|
| Buying and Selling | Simple execution in euros with transparent fees |
| Swap | Exchange between compatible cryptoassets |
| Exchange type | Asset Management Within the Application |
| Send and Receive | On-chain transfers on supported networks |
| Venga Earn | Flexible and Fixed Investment Options for Selected Assets |
| Educational Content | Guides and explanations for new users |
Beyond buying and selling, the app allows you to:
- Check the balance and performance of your portfolio.
- Send and receive supported cryptocurrencies.
- Convert one crypto asset into another using a swap.
- Withdraw euros to a verified bank account.
- Enable Earn when the asset and country are eligible.
Venga Earn: Earnings on Your Cryptocurrencies
Venga allows users to earn rewards on certain assets through flexible and fixed-term products. With flexible products, liquidity is prioritized; with fixed-term products, the user agrees to a term in exchange for the terms and conditions provided.
The most important thing about Venga Earn:
- There are flexible and fixed options depending on the asset.
- The rate is subject to change and does not constitute a guaranteed return.
- There may be minimum and maximum amounts, deadlines, and repayment periods.
- The legal terms may involve lending assets to Venga.
- Availability depends on the country and the user's profile.
Regular Purchases (DCA): Availability
As of August 2026, there has been no public confirmation of a built-in recurring purchase feature or a DCA bot equivalent to those offered by major exchanges. Purchases are made manually through the app.
Users can implement a DCA strategy by setting up external reminders and making periodic purchases, but each transaction incurs a commission of 0.80 %. This should not be presented as a built-in automation feature unless the app explicitly offers it.
Available order types
Venga focuses on immediate operations:
- Purchase: the simple process of buying a cryptoasset with euros.
- Sale: conversion of the cryptoasset and transfer of the proceeds in euros.
- Swap: an exchange between two compatible cryptoassets.
- Sending and receiving: on-chain transfers on supported networks.
There is no confirmed order book with limit, stop, or Post-Only orders, or maker/taker tiers. Nor does the publicly available proposal analyzed offer derivatives or margin trading.
Venga vs. Coinbase
The most useful global comparison pits Venga against Coinbase. Both platforms prioritize a simple buying experience, custody, and conversion, but differ greatly in scale, product offerings, and regulatory scope.
| Characteristic | Venga | Coinbase |
|---|---|---|
| Foundation | 2023 | 2017 |
| Regulation | MiCA via the CNMV for the EU; international availability subject to conditions | Licenses and registrations in multiple jurisdictions; a company listed on a U.S. stock exchange. |
| Initial commission | 0.80 % flat fee per purchase, sale, or exchange | Variable; the simple view may include commission and spread |
| Advanced Platform | No | Coinbase Advanced with Order Book |
| Cryptocurrencies | About a dozen | More than 250, depending on the region |
| Security | MiCA Segregation and Public Custody Policies | Institutional oversight, regional controls, and disclosure as a publicly traded company |
| Unique Product | Local app in Catalan, Spanish, and English | Global Scale, Advanced, USDC, and the Institutional Ecosystem |
| Platform | Mobile app | Web, App, Advanced, Wallet, and Institutional Tools |
| Ideal for | Beginners who prioritize simplicity and trading in euros | Global users looking for a larger selection and more features |
Venga is more transparent about its trading fees and offers a highly localized experience. For an EU resident looking for a basic selection of securities and trading in euros, its CNMV license and user-friendly interface are real advantages.
Coinbase has been around longer, offers a wider selection, supports more fiat currencies, and features an advanced platform. Venga may be easier to get started with, but Coinbase is more comprehensive for those who need international reach, liquidity, and additional tools.
Apps and Platform: How Is Venga Used in Everyday Life?
Venga is an essentially mobile experience, available for iOS and Android. The app manages your portfolio, buying, selling, trading, Earn, and fund transfers without presenting the user with a trading terminal.
The navigation is organized into simple sections:
- Portfolio: Balance and Changes in Assets.
- Buying and Selling: Euro Transactions with a Cost Preview.
- Swap: conversion between compatible assets.
- Earn: Flexible and fixed-rate products available.
- Transfers: fiat or crypto deposits and withdrawals.
Native support for Catalan sets Venga apart from most international platforms. Spanish and English expand its usefulness beyond Catalonia, although its focus on banking in euros limits some of its global appeal.
The absence of complex charts, margin trading, and derivatives makes the learning curve shorter. It also means that anyone who wants to place limit orders, connect an API, or analyze market depth will have to use another exchange.
Final Thoughts: Is "Venga" Worth It in 2026?
Venga is an interesting option for anyone looking for a simple app that focuses on euros and is backed by a MiCA authorization from the CNMV. Its Barcelona-based origins, interface in Catalan, Spanish, and English, and flat fee make it easy to understand the product.
Its scope should be explained without exaggeration: it allows users to apply for an account from numerous countries, but the MiCA license protects its operations within the European Union; the United States is excluded, and the fiat infrastructure remains heavily euro-centric. Global availability does not equate to a global license.
The main limitations are the limited selection, the 0.80 % commission, the lack of advanced order types, and the absence of a public Merkle Proof of Reserves. For frequent trading or access to hundreds of assets, there are more comprehensive and affordable alternatives.
With all this in mind, Venga is worth considering as a mobile gateway for buying, holding, and trading a basic selection of cryptocurrencies. It is particularly well-suited for beginners in the EU, although users from other regions should first verify their country, bank, currency, services, and applicable protections.
This review is based on our actual experience using Venga. We tested the platform by making deposits, purchases, sales, and withdrawals of cryptocurrencies, and we also evaluated its fees, security, and ease of use. The rating you see here reflects our hands-on experience, not just a first impression.
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It's okay overall. The app is easy to use and everything runs pretty smoothly, but it's missing more cryptos and the fees could be better. It's not bad, but it's not the best either.
I've bought crypto a couple of times with Venga and so far, everything's been fine, pretty easy to use.
What cryptos can be bought on this exchange?
Recommendations for any other exchange with Spanish/Catalan support?
After switching cell phones, I lost access to my account, and even though I provided official documentation to verify my identity, I was unable to regain access. I found the process to be too slow and inflexible.
I've been waiting about 5 days for a transaction to be completed, and it's still pending. That seems like too long for a transaction of this kind.