According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- EUR 10
- Web
- Mobile application
- AMF (France)
- BaFin (Germany)
- Across Europe MIFID 2 License
- Across Europe PSD2 AND EMI License
- FR CZ AT IT SE ES VASP Registration
- All popular cryptocurrencies and coins (over 3,000 positions), only EUR participates in fiat trades, trading fees depend on many factors, there is a fast exchange, staking is provided, the trader can participate in the Cash Plus program
Our Evaluation of Bitpanda
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Bitpanda is a moderate-risk cryptocurrency exchange with the TU Overall Score of 6.81 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Bitpanda clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Bitpanda is a veteran player in the cryptocurrency market, offering a reliable platform with a wide range of trading and non-trading opportunities. Liquidity is high, and all transactions are executed promptly. Clients operate in very comfortable conditions, using a 1:2 leverage if needed (relevant for cryptocurrencies). Additional options include savings and passive income. The Academy offers approximately 100 lessons for beginners and advanced users alike.
Brief Look at Bitpanda
Bitpanda platform offers cryptocurrencies, crypto indices, precious metals, CFDs on stocks, commodities, and ETFs. In total, there are over 3,000 assets available. Trading is conducted through an in-browser platform or a mobile application for Android and iOS devices. Additionally, the Bitpanda Swap service allows for instant exchange of cryptocurrencies. The trading fee depends on the asset, the direction of the trade (buying or selling), and other factors, such as holding the platform's native token, BEST, in the user’s wallet. Fees typically range from 0.5% to 1.5%. Deposit and withdrawal of funds are available in fiat money as well as cryptocurrency transfer. Fiat deposits and withdrawals are facilitated through Visa and Mastercard, bank transfers, Neteller, Paypal, Skrill, GIROPAY, SEPA, among other methods, with zero deposit & withdrawal fees in all payment methods. Additional income can be generated through staking, Cash Plus service, affiliate programme, and tell a friend programme.
We've identified your country as
US
We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website.
Explore the 5 top-rated companies in
US :
- The only cryptocurrency platform offering five other types of assets for trading alongside cryptocurrencies;
- Convenient, multifunctional browser platform and mobile application, allowing for 24/7 financial instrument trading;
- The BEST token from Bitpanda provides a wide range of benefits, including fee discounts on exchanges, cashback on withdrawals, increased staking rewards, and participation in prize draws;
- Staking yields up to 26% annually, up to 4.92% in Cash Plus, and Tell a friend programme can bring in up to 100 EUR;
- Traders can order a Bitpanda Visa debit card for EUR 9.90, with global payment availability and quick, low-fee withdrawals;
- The broker is officially holding European licenses, such as AMF in France and BaFin in Germany; FR, CZ, AT, IT, SE, ES VASP Registration; MIFID II License Across Europe; PSD2 AND EMI License Across Europe;
- Crypto assets are stored in cold wallets, with infrastructure and systems protected using advanced encryption technologies, employing modern KYC registration and verification procedures.
- Trading fees are not explicitly stated but are included in the buy/sell price, slightly above the average market level overall;
- Limited accessibility outside the European Union, with many services restricted or unavailable;
- Lack of analytical and forecasting tools, despite their claimed presence.
TU Expert Advice
Financial expert and analyst at Traders Union
The Bitpanda brand is owned by Bitpanda GmbH founded back in 2014. The Austrian broker primarily targets clients from the European Union countries. It guarantees a high level of security and a well-established service, holding 12 licenses.
Clients have the opportunity to trade cryptocurrencies, but that's just the tip of the iceberg. The platform offers crypto indices, precious metals, CFDs on stocks, commodities, and ETFs. As a result, traders can build an extensive, diversified portfolio, thus protecting themselves against unpredictable movements in the quotes of specific assets.
To start trading, a deposit of EUR 10 is sufficient (equivalent in eight other supported currencies). For cryptocurrencies, each has its own minimum deposit, which needs to be clarified on the website. Trades are executed from EUR 1. The leverage is 1:2, but it is not applicable to all assets. Liquidity is always high. Trading can be conducted directly in the browser or via the mobile app, both options being intuitive, functional, and highly demanded.
The platform's trading fees are not directly specified on the website, there are rather vague formulations. The reason is simple – the final fees are determined based on many factors, from the bought (sold) asset to the current market trends. The average fee is 0.5-1.5%, but under certain conditions, it can go up to 5%. There's an excellent way to reduce fees to almost zero - to hold the exchange's BEST token. This asset, created on the Ethereum blockchain, was launched in 2019. The token genuinely brings a lot of benefits to its holders.
Deposits and withdrawals are streamlined to the maximum. The process takes minimal time with zero fees in all payment methods. Initiating a bank transfer or a transaction using a cryptocurrency wallet is the most advantageous. Bitpanda also issues its own debit card to offer additional comfort to its customers.
For those prioritizing passive income, staking and the Cash Plus option will be of interest. In addition, under Tell a friend program, a trader can earn up to €100 per each referral. Joining the Bitpanda Club allows gaining extended support and a range of privileges.
Unfortunately, regular users can only contact client service managers through a request on the website. So, high responsiveness to inquiries is often not the case. It's also essential to note that clients from outside the European Union will encounter certain limitations, sometimes even a ban on trading (only instant exchange is allowed).
Despite some drawbacks, the overall impression of the Bitpanda broker is quite positive. It is recommended at least for familiarization.
Bitpanda Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Integrated into the browser, a mobile application for devices with iOS or Android operating systems |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptocurrencies, EUR, CHF, GBP, USD, PLN, DKK, SEK, HUF, CZK |
| 💵 Deposit / Withdrawal: | Visa and Mastercard cards, bank transfer, Neteller, Paypal, Skrill, GIROPAY, SEPA, and others, cryptocurrency wallets |
| 🚀 Minimum deposit: | 10 EUR |
| ⚖️ Leverage: | 1:2 (for cryptocurrencies) |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | N/A |
| 💱 Commission: | Spot: 0,1%-0,15% |
| 🔧 Instruments: | 100 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | N/A |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | N/A |
| ⭐ Trading features: | All popular cryptocurrencies and coins (over 3,000 positions), only EUR participates in fiat trades, trading fees depend on many factors, there is a fast exchange, staking is provided, the trader can participate in the Cash Plus program |
| 🎁 Contests and bonuses: | Yes |
Bitpanda has set an acceptable minimum deposit of EUR 10 (equivalent in 8 other currencies). Funds can also be deposited in supported cryptocurrencies, each with its own initial threshold. Leverage is only provided for crypto assets. Its ratio is 1:2, which is significantly lower than that of most other exchanges. This implies that Bitpanda does not encourage extremely aggressive trading with significant risks. The platform's technical support operates 24/7. It is available through the form on the website, and members of the Bitpanda Club also have the option to contact the concierge service or submit a callback request.
Bitpanda Key Parameters Evaluation
Share your experience
- Best
- Last
- Oldest
Giu998 
Verified
IT Cava de' Tirreni Convenient, multifunctional browser platform and mobile application, allowing for 24/7 financial instrument trading
None
dostmsani 
Verified
PK Little Attock Professional Behaviour
None
Rashidharizvi
Williamson
cisyarere
anumalik
Regulation and safety
Bitpanda has earned a rating of 9.75/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.
- Cold wallet storage
- Government-regulated
- No successful hacks history
- Tier-1 regulation
- 2FA
- No facial recognition
- No investor protection fund
- Not U.S regulated
Bitpanda Security Factors
We also compared Bitpanda against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Bitpanda | OKX | Kraken | |
| Tier-1 regulation | Yes | No | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is Bitpanda a regulated crypto exchange?
Bitpanda is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.
Bitpanda is authorized or licensed in accordance with local regulations in the following regions: Spain, Germany, Austria, Italy, Sweden, Norway.
Is verification (KYC) mandatory at Bitpanda?
Yes, KYC verification is mandatory at Bitpanda. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Bitpanda available?
Bitpanda complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Ukraine, India, United Kingdom, Nigeria, Malaysia, South Africa, Australia, Canada, Pakistan, Philippines, Israel, Cyprus, Sweden, Latvia, Romania, Netherlands, Singapore, Indonesia, Kenya, UAE, Iran, Islamic republic, Turkey, Bangladesh, Thailand, Egypt, Sri Lanka, Belgium, Norway, Saudi Arabia, Brazil, Vietnam, Czech Republic, Greece, Japan, Uganda, Ghana, Morocco, Finland, Bulgaria, Korea, Algeria, Azerbaijan, Estonia, Argentina, Peru, Chile, China, Mexico, Denmark, Kazakhstan, Uzbekistan, Colombia, Moldova, Kyrgyzstan, Venezuela, Lithuania, Ireland, Slovakia, Georgia, Tajikistan, Armenia, Hungary, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Bitpanda support.
Is Bitpanda available in the USA?
Yes, Bitpanda is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Bitpanda commissions and fees
Bitpanda received a 7.45/10 score for its trading fees. While Bitpanda is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are Bitpanda trading fees?
We analyzed Bitpanda’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Bitpanda trading fees vs competitors
| Bitpanda | Nexus Trade | Paxful | Industry average | |
| Spot, maker fee (%) | 0,1 | 0,22 | 0 | 0.15 |
| Spot, taker fee (%) | 0,15 | 0,22 | 0 | 0.194 |
What are Bitpanda deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,0005 BTC 0,005 ETH |
Does Bitpanda offer P2P trading?
Yes, Bitpanda offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.Bitpanda P2P Fees
Deposit and withdrawal
Bitpanda received a 7.5/10 rating for its deposit and withdrawal services. While Bitpanda covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- PayPal payments
- No deposit fees
- Many cryptocurrencies for deposits and withdrawals
- P2P for flexible transfers
- Withdrawal fee applies
- No Google Pay option
Deposit and withdrawal options
Bitpanda supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto, PayPal.
Bitpanda Deposit and withdrawal options vs competitors
| Bitpanda | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | Yes | No | Yes |
What is Bitpanda minimum deposit?
The minimum deposit at Bitpanda is 20 EUR USD/USDT or 0,0005 BTC. The minimum trade size is 1,5 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Bitpanda minimum deposit vs competitors
| Bitpanda | OKX | Kraken | |
| Minimum deposit, USD or USDT | 20 EUR | 10 | 10 |
| Minimum deposit, BTC | 0,0005 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 1,5 | 0,00001 | 1 |
Does Bitpanda support fiat money?
Bitpanda supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Bitpanda received a score of 3.5/10 in this category, indicating a modest offering of assets and markets. While Bitpanda covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Staking available
- Fiat currencies supported
- NTFs not available
- Only 100 supported coins
Bitpanda supported coins and markets vs competitors
We compared Bitpanda with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Bitpanda | OKX | Kraken | |
| Supported coins | 100 | 329 | 278 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | Yes | No |
| NFTs | No | Yes | Yes |
Bitpanda passive income options vs competitors
We also compared Bitpanda with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Bitpanda received a score of 6.45/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Positive user feedback on the iOS app
- Mobile indicators allowed
- Advanced tools and automation with API
- App data protection with 2FA
- No access to Copy Trading
- No trading bots for traders
- No access to TradingView features
Trading apps
Bitpanda provides web and mobile apps for both Android and iOS users, with an average rating of 4,7 on the App Store and 3,4 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Bitpanda platform is for mobile use.
| Bitpanda | Bybit | |
| 2FA | Yes | Yes |
| Face ID | No | Yes |
| Mob Indicators | Yes | Yes |
| Alerts | Yes | Yes |
| Advanced Orders | No | Yes |
| Trading with bots | No | Yes |
| API | Yes | Yes |
| Extra trading platforms | No | MT4 |
Does Bitpanda offer a desktop app?
Yes, Bitpanda offers a desktop app with full trading functionality. It supports advanced charting, fast execution, and is compatible with both Windows and macOS systems.
Does Bitpanda offer advanced charting with TradingView integration?
No, Bitpanda does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Regulation | AMF (France), BaFin (Germany), Across Europe MIFID 2 License, Across Europe PSD2 AND EMI License, FR CZ AT IT SE ES VASP Registration |
|---|---|
| Official site | https://www.bitpanda.com/en |
Latest Bitpanda News
Articles that may help you
User Satisfaction i