In This Article
Bitpanda is a well-founded Austria-based broker providing diverse assets, including cryptocurrencies, stocks, ETFs, indices, and precious metals. It gives crypto investors the opportunity to have a secure and transparent trading environment regulated by multiple European authorities. Bitpanda has established itself for reliability and compliance, making it a very good option for those looking to invest in every asset form.
In this Bitpanda review, we’ll explore what sets the platform apart, from its intuitive interface to its flexible payment options.
Our Bitpanda Review: Key Takeaways
- It provides access to over 650 cryptocurrencies, and users can also make an investment in precious metals like gold and silver, as well as stocks and ETFs;
- The platform has comprehensive regulatory licenses, authorizing it to trade and custody cryptocurrencies across the European Economic Area, ensuring a secure and compliant trading environment;
- They offer an intuitive interface through their website and mobile app;
- The company operates the Bitpanda Academy, aiming to educate users about financial products and services;
- They have achieved notable sponsorships, including partnerships with international sports events like the Davis Cup, the Italian Rugby Federation, and the World Padel Tour.
- As of January 29, Bitpanda has become a one-stop-shop investing platform, offering access to over 10,000 stocks alongside ETFs, ETCs, cryptocurrencies, precious metals, commodities, and indices within one regulated app. Be sure to check out our Top Exchanges Article for best-in-class crypto exchanges.
Bitpanda Overview: What is Bitpanda
Bitpanda is a leading European investment platform founded in 2014 in Vienna, Austria, with a mission to make investing accessible to everyone. Bitpanda has grown to serve over 7 million users across Europe by offering simple and user-friendly financial products. The platform enables individuals to invest in a wide range of digital assets, including the most significant cryptocurrencies, stocks, ETFs, and precious metals, all within a secure and regulated environment.
Bitpanda’s commitment to innovation and accessibility has positioned it as one of Europe’s most successful fintech companies. With a team of more than 700 professionals, the company continues to expand its services and reach. Bitpanda ensures compliance with European financial regulations, holding both a PSD2 payment service provider license and an E-Money license, providing users with a trusted platform for their investment needs.
Bitpanda Services and Products
Bitpanda offers a brokerage service that enables its customers to buy and sell cryptocurrencies. Basically, this means Bitpanda supplies you with the coins directly, unlike other well-known crypto exchanges where you interact with other traders. Here’s a detailed description for each of them:
Bitpanda Cryptocurrency
Bitpanda’s cryptocurrency investment feature offers a secure and approachable way to trade a wide selection of digital assets, including Bitcoin, Ethereum, and other popular emerging altcoins. Users can start with fractional investing as little as €1, making it easy to diversify their portfolio.
Bitpanda Margin Trading
Bitpanda’s margin trading feature allows users to trade cryptocurrencies with leverage of up to 10x across more than 120 supported assets. The platform includes real-time position monitoring and notification alerts, helping traders manage risk and stay informed before potential liquidation events.
Bitpanda Savings
Bitpanda Savings allows you to commit a certain amount each month and create a savings plan by buying Bitcoin or other cryptocurrencies.
Bitpanda Crypto Index
The Bitpanda Crypto Index (BCI) provides users with an easy way to invest in the top-performing cryptocurrencies by automatically adjusting to market trends. Available in three options—BCI 5, BCI 10, and BCI 25—it provides diversified exposure to the crypto market with regular rebalancing.
Bitpanda Metals
Bitpanda Metals allows you to diversify your portfolio with physically backed and 100% insured precious metals. You can also swap gold and silver with any other digital asset on Bitpanda.
Bitpanda Swap
Bitpanda Swap allows you to swap one cryptocurrency for another instantly. There are no limits on the transaction size of swaps, which puts Bitpanda among the most prominent crypto swap platforms.
Bitpanda Cash Plus
Bitpanda Cash Plus is a secure cash investment option that allows users to earn competitive returns on their funds while maintaining flexibility. It offers daily interest payouts, no lock-in periods, and is backed by regulated money market funds, making it a low-risk alternative for investors looking to grow their cash holdings.
Bitpanda Card
The Bitpanda Card is a Visa debit card that lets users spend crypto, precious metals, and stocks* seamlessly with a single tap, anywhere Visa is accepted worldwide. Cardholders can choose from over 600 crypto assets to spend, with real-time conversion at the point of sale, and earn 1% cashback on all crypto asset spending. Fully integrated with the Bitpanda account, the card offers a simple way to use digital and traditional assets for everyday purchases.
Bitpanda Fusion
Bitpanda Fusion is the platform’s advanced trading interface, offering best-execution pricing through aggregated liquidity from leading exchange order books. With over 700 trading pairs and 100+ cryptocurrencies tradable against EUR, USD, CHF, GBP, USDC, EURC, and EURCV, users can access deep liquidity across all markets from a single account.
Bitpanda Stocks
Bitpanda Stocks allows users to invest in traditional financial instruments, including fractional shares and exchange-traded funds (ETFs). Users can invest as little as €1 into some of the world’s most popular companies and funds – 24 hours, 7 days a week.
Bitpanda Web3 Ecosystem and Vision Token
Bitpanda Web3 brings multiple on-chain products into one unified experience, designed to make crypto more usable, secure, and rewarding. Powered by the Vision Token (VSN), the ecosystem includes tools such as a DeFi wallet and Launchpad, with VSN offering up to 10% staking APY and up to 20% trading fee discounts across Bitpanda.com and its DeFi Wallet.
Bitpanda Staking
Bitpanda Staking lets users start earning weekly rewards on supported crypto assets in just a single tap. With no lock-in periods (except for ETH), no warm-up time, and automatic compounding through auto-staking, users retain full flexibility while their rewards are reinvested to help grow holdings over time.
Bitpanda Currencies and Payment Methods
Bitpanda supports the buying and selling of numerous cryptocurrencies, including some popular new crypto choices:
- Bitcoin (BTC)
- Ethereum (ETH)
- Solana (SOL)
- Dogecoin (DOGE)
- Tether (USDT)
- USD Coin (USDC)
- Ripple (XRP)
- Litecoin (LTC)
- Polygon (MATIC)
- Polkadot (DOT)
- Cardano (ADA)
- Chainlink (LINK)
Bitpanda accepts the following fiat currencies:
- US dollar (USD)
- Euro (EUR)
- British Pound (GBP)
- Swiss franc (CHF)
- Swedish krona (SEK)*
- Polish zloty (ZLN)
- Hungarian forint (HUF)
- Danish krone (DKK)
- Czech koruna (CZK)
*Fees for all deposits and withdrawals in SEK currency are free for both Mastercard and Visa payment methods.
Bitpanda accepts the following payment methods:
- Credit card
- Debit card
- Apple Pay
- PayPal
- SEPA
- EPS
- GiroPay
- Sofort
- Neteller
- Skrill
Notably, Bitpanda offers zero withdrawal and deposit fees across all the available payment methods.
Bitpanda Fees
Transaction Fees
Bitpanda fees for buying and selling cryptocurrencies start from 0.99%. However, fees are already incorporated into the price in real-time, so they are somewhat invisible to the user.
This is good since you know exactly how much you’ll pay. On the other hand, it sometimes distorts the real price of the cryptocurrency.
Cryptocurrency Deposit Fees
The minimum deposit and withdrawal amount is 10 EUR. Notably, the Bitpanda platform does not charge any withdrawal or deposit fees on the supported payment methods. Moreover, fees for all deposits and withdrawals in SEK currency are free for both Mastercard and Visa payment methods.
All fees for all currencies are detailed here.
Fiat Deposit Fees
Bitpanda charges zero deposit and withdrawal fees on all fiat currencies and payment methods, including credit cards. There is a daily purchase limit of €20,000 when using a credit card.
Bitpanda Buying Limits
Bitpanda offers very low limits for unverified users as it complies with standard AML policies. However, verified users have extremely high limits depending on their payment method. For example, verified users can withdraw over €5 million daily via a SEPA transfer.
Obviously, limits differ between deposits and withdrawals. Fiat deposits can’t be made at all for unverified users. Cryptocurrencies aren’t limited to deposit/withdrawal. With credit cards, Bitpanda has a daily limit of €20,000. All limits for different payment methods can be found here.
Bitpanda Security
Bitpanda gives precedence to security by implementing industry-leading measures to protect user funds and data. The platform employs advanced encryption, secure offline storage for digital assets, and continuous monitoring to prevent unauthorized access. Additionally, as already highlighted in this Bitpanda review, the platform fully complies with European regulations, ensuring high security for all transactions.
To enhance account protection, Bitpanda offers features such as two-factor authentication (2FA) and biometric login options. These security measures help safeguard user accounts against potential threats, making it difficult for unauthorized parties to gain access. Even though Bitpanda is unlike other well-known non-KYC exchanges, regular security audits and penetration testing further strengthen the platform’s defense against cyber threats.
Bitpanda also enforces strict verification procedures to avoid fraud and guarantee compliance with anti-money laundering (AML) regulations. The platform collaborates with trusted third-party security firms to improve its protective measures continuously.
Bitpanda Availability
Bitpanda is available across more than 40 countries in Europe and beyond. Click here to find out the availability. Buying cryptocurrencies is currently limited to EU residents within the SEPA region, which includes most EU countries, as well as Iceland, Liechtenstein, Norway, Switzerland, and Monaco. However, users outside the EU can still store and send crypto, sell cryptocurrencies, or receive payouts via Neteller.
Bitpanda is available on both desktop and mobile, making it easy to trade anytime, anywhere. The web platform is very easy to use and beginner-friendly, while the mobile app (iOS & Android) lets you manage your assets on the go. Both versions come with strong security features like 2FA to keep your account safe.
Bitpanda Reviews and Customer Service
Bitpanda offers an online knowledge base for most common questions and dedicated email support for specific issues.
What’s really interesting to see is that in a space where most cryptocurrency exchanges (like what we saw in our Binance review) get an average customer rating at best, Bitpanda reviews are killing it with a 4-star average score on Trustpilot, and that’s not something to take lightly.
The main complaints about the company revolve around long waiting times for support to respond, the verification process, and missing funds. However, it seems that Bitpanda’s support makes it a habit to respond to each reviewer personally, so that’s a good sign.
How to Use Bitpanda?
Getting started with Bitpanda is simple, whether you’re looking to buy crypto, invest in stocks, or manage digital assets. Let’s take you through each step:
- Create and Verify Your Account – Sign up on Bitpanda with your email and create a password. Then verify your identity by submitting the required documents (for EU regulations). It’ll be great to enable two-factor authentication (2FA) for added security at this stage.
- Deposit Money and Buy Crypto – You can add funds to your fiat wallet using SEPA, PayPal, or other payment methods on the platform. Users can choose the cryptocurrency they want to buy and complete the transaction.
- Sell Crypto and Withdraw Funds – Select the crypto you want to sell and convert it into fiat currency. You can also select the withdraw money option to transfer funds to your linked bank account.
- Send and Receive Crypto – Deposit crypto to your Bitpanda wallet by transferring from another wallet. This option is available 24/7, so you can send crypto to other wallets whenever needed.
- Invest in Stocks, ETFs, and Metals – Buy fractional shares of stocks and ETFs directly on Bitpanda. Trade gold, silver, platinum, and palladium backed by real assets.
- Set Up a Savings Plan – Automate your investments by creating a recurring purchase plan for crypto, stocks, or metals.
- Pay with the Bitpanda Card – Use your crypto, metals, or fiat funds to make everyday purchases with the Bitpanda Card.
- Use Bitpanda for Margin Trading – Trade selected cryptocurrencies with up to 10x leverage while managing risk through real-time monitoring and alerts.
- Use Bitpanda Fusion – Access deep liquidity and competitive pricing across 700+ trading pairs via aggregated global order books.
- Start with Bitpanda Staking – Earn weekly rewards on supported crypto assets with no lock-ins, no warm-up period, and automatic compounding.
Bitpanda vs. Other Exchanges
Bitpanda vs. Kraken
Bitpanda and Kraken serve different types of users. Bitpanda is a brokerage platform that simplifies buying crypto by selling directly to users, while Kraken is geared toward more experienced traders, as outlined in our Kraken review. This explains why Kraken’s prices are generally lower, with a max fee of 0.26%, compared to Bitpanda’s broker fees that start from 0.99%. However, on Bitcoin Fusion, the advanced platform, fees start as low as 0.002%.
Feature
Bitpanda
Kraken
Fees
Start from 0.99% for brokerage, 0.002%–0.25% on Bitpanda Fusion
0.2%–0.16% maker, 0.02%–0.26% taker
Security
Advanced encryption, offline cold storage, 2FA, regulated in Europe
FIDO2-compliant 2FA, SSL encryption, global settings time lock, cold storage, multi-signature wallets
Available Countries
Primarily in Europe
Available in 190+ countries
Main Features
Crypto brokerage, stocks, ETFs, metals, margin trading, savings plans, staking, Bitpanda Card, Bitpanda Fusion for advanced trading
Exchange trading, futures and derivatives, wallet services, 24/7 live chat, email, and phone support
Bitpanda vs. Coinmama
Coinmama is a service very similar to Bitpanda. As highlighted in our Coinmama review, Coinmama’s advantage is that it caters to most countries worldwide, unlike Bitpanda, which is restricted to the EU. However, Coinmama’s services are more expensive than Bitpanda’s. How much more expensive? A lot. Their processing fee is 5.9%, almost four times Bitpanda’s fee. If you have the option, it’s better to use Bitpanda.
Feature
Bitpanda
Coinmama
Fees
From 0.99% (standard), 0.002%–0.25% (Fusion). Fees included in price.
0.99%–3.90% commission + market spread.
Security
Regulated in Europe, 2FA, cold storage, biometric login.
No user funds held, encryption & security protocols.
Availability
Mostly Europe (SEPA).
Worldwide, some restrictions.
Features
650+ cryptos, stocks, ETFs, metals, staking, margin trading, card payments, and Bitpanda Fusion.
Fast crypto purchases, no built-in wallet, high spending limits.
Bitpanda vs. Bitstamp
While Bitstamp is also a trading platform (like Kraken), it also offers a brokerage service. From what we saw in our Bitstamp review, if you compare its brokerage service to Bitpanda’s, you’ll find that Bitstamp charges 5% – more than 3 times what Bitpanda charges. On the upside, Bitstamp is available almost all around the world. So, if Bitpanda supported countries list includes your country, we believe you will get a much better deal on Bitpanda than on Bitstamp.
Feature
Bitpanda
Bitstamp
Fees
From 0.99% (standard), 0.002% – 0.25% (Fusion)
0.30% maker, 0.40% taker; free SEPA deposits
Security
Regulated, cold storage, 2FA, biometric login
Regulated, 95% cold storage, 2FA
Availability
Europe-focused
Global, supports USD, EUR, GBP
Features
650+ cryptos, stocks, ETFs, staking, Bitpanda Card, margin trading, and Bitpanda Fusion
200+ cryptos, staking, institutional services
Regulation and Compliance
The Bitpanda Group operates in full compliance with European laws and regulations, holding multiple licenses and registrations across key markets. It is authorized as a Virtual Asset Service Provider (VASP) by financial authorities in Austria, France, Spain, Italy, the Czech Republic, Sweden, and Norway. In 2022, Bitpanda.com achieved a significant milestone by becoming the first European retail investment platform to receive a full crypto custody and trading license from Germany’s BaFin.Additionally, Bitpanda Payments GmbH is licensed as an E-Money Institution and payment service provider under PSD2, while Bitpanda Financial Services GmbH holds a MiFID II investment firm license. These authorizations emphasize Bitpanda’s commitment to regulatory quality and operational integrity.
Investing in digital assets carries risks. In extreme cases, the invested amount may be lost completely. Understand all risks before investing.
Bitpanda Pros and Cons
Pros: Cons:
Conclusion – Is Bitpanda a Good Choice?
In brief, this review Bitpanda highlights why it’s a game-changer for today’s investors. Bitpanda.com provides a secure and easy-to-use platform full of innovative features like the Bitpanda Card, staking rewards, margin trading, and competitive trading fees, with access to over 650 cryptocurrencies, 10,000+ stocks, ETFs, and precious metals. It also offers a great balance of accessibility and advanced tools, even for newbies and experienced Bitcoiners alike. Although customer support can be a bit slow at times, Bitpanda’s strong security, regulatory compliance, and a significant amount of investment options make it a top choice for European investors.
As of January 29, Bitpanda has launched its all-in-one investing app, combining stocks, ETFs, ETCs, and other assets in a single platform. To celebrate, the platform is offering a limited-time 1% cashback on stock, ETF, and ETC purchases or portfolio transfers made between January 29 and February 14.
Disclaimer: Execution only services for stocks, ETF and ETC are provided by Bitpanda Financial Services GmbH. Not a public offer. Investing involves risk of loss, and past performance is not a reliable indicator of future results. Consider your circumstances and consult an independent adviser prior to investing. Other costs (e.g. spreads, inducements, FX, product costs and taxes) may apply and reduce your returns. See the Cost Information Document before trading. Fractions generally do not carry voting rights and cannot be transferred or certificated; in corporate actions, entitlements (including dividends) are credited on a pro‑rata basis and may be rounded down to the nearest eligible increment. Execution of fractional orders may be aggregated with other client orders. Custody of fractions in stocks, ETF or ETC is provided on an omnibus basis in accordance with applicable client assets and safekeeping rules.
Bitpanda
Pros
- Wide variety of payment options
- Relatively low purchase fees
- Beginner friendly
- Zero deposit or withdrawal fees in all payment methods
Cons
- Not available worldwide
- Fees aren't stated explicitly
FAQs
Is Bitpanda Regulated?
Yes, Bitpanda is a regulated investment platform based in Austria. It is licensed as a virtual asset service provider (VASP) in multiple European countries and holds a full BaFin license in Germany for crypto asset custody and proprietary trading.
What Types Of Assets Can I Trade On Bitpanda?
Bitpanda allows users to trade cryptocurrencies, stocks, ETFs, and precious metals. This makes it a versatile platform for both crypto investors and those looking to diversify with traditional financial assets.
Does Bitpanda Charge Any Deposit Fees?
No, Bitpanda does not charge any fees for deposits and withdrawals, regardless of the payment method used, including credit cards and bank transfers.
What is Bitpanda?
Bitpanda is a European-based investment platform that offers cryptocurrency trading, as well as stocks, ETFs, and precious metals. It provides an easy-to-use interface for both beginners and experienced investors.
Is Bitpanda Safe?
Yes, Bitpanda is considered a secure platform. It complies with EU regulations and uses strong security measures, including offline storage of assets, to protect user funds.
Is Bitpanda Legit?
Yes, Bitpanda is a legitimate platform regulated in Europe. It holds multiple financial licenses and follows strict compliance measures to ensure user safety and transparency.
Is Bitpanda Available in the USA?
No, Bitpanda is not currently available for users in the United States. The platform primarily serves customers in Europe and other supported regions.
How to Buy Bitcoin on Bitpanda?
To buy Bitcoin on Bitpanda, create an account, complete the identity verification, deposit funds using your preferred payment method, and then purchase Bitcoin through the platform.
How to Delete a Bitpanda Account?
To delete your Bitpanda account, you need to contact Bitpanda’s customer support through their official channels and request account closure.
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