Introduction to Finst
Finst is a Netherlands-based cryptocurrency exchange founded in 2022 by former DEGIRO core team members. Registered with the Dutch Central Bank as a crypto service provider, Finst distinguishes itself through:
- Security-first approach: Built by financial industry veterans
- Transparent fee structure: Offers the lowest trading fees in the Netherlands
- Regulatory compliance: Fully licensed operation under EU financial regulations
👉 Discover how Finst compares to other top crypto exchanges
Financing and Growth
Seed Round Funding
- Amount raised: $4.4 million
- Date: April 5, 2023
- Lead investor: Deribit (leading crypto derivatives platform)
This initial funding enabled Finst to:
- Develop its proprietary trading platform
- Obtain necessary regulatory licenses
- Expand its team of financial and blockchain experts
Leadership Team
| Role | Name | Background |
|---|---|---|
| CEO & Co-founder | Julien Vallet | Former DEGIRO executive with 15+ years in fintech |
| CTO/CPO & Co-founder | Marcel Putina | Blockchain architect with expertise in secure trading systems |
👉 Learn about building a successful crypto exchange team
Key Differentiators
Competitive Advantages
- Dutch market specialization: Tailored services for European traders
- Institutional-grade security: Military-grade encryption and cold storage solutions
- User-centric design: Intuitive interface for both beginners and professionals
Fee Structure Comparison
Finst's maker-taker fee model undercuts competitors by 30-50%, making it particularly attractive for:
- High-frequency traders
- Institutional investors
- Cost-conscious retail users
FAQ Section
Is Finst available worldwide?
Currently, Finst primarily serves European markets with plans for global expansion following regulatory approvals.
What cryptocurrencies does Finst support?
The exchange offers major assets like Bitcoin and Ethereum, with continuous additions based on market demand and compliance requirements.
How does Finst ensure fund security?
Through a combination of:
- 95% cold storage allocation
- Multi-signature wallets
- Regular third-party audits
What payment methods are accepted?
SEPA transfers, bank wires, and soon crypto-to-fiat gateways for seamless deposits/withdrawals.
Future Outlook
Finst plans to:
- Launch mobile trading applications in Q4 2024
- Introduce staking and earning products
- Expand to 3 additional EU markets
With its strong regulatory foundation and experienced team, Finst is positioned to become a major player in Europe's crypto exchange landscape.