Buy on Bitpanda

Bitpanda was founded in Vienna in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer, and has spent the decade since becoming the most recognisable home-grown investment platform in continental Europe. It is a broker rather than an exchange in the classical sense: on the standard app you trade against Bitpanda at a quoted price, not against other users on an order book. That is why it feels so much simpler than its competitors, and why it costs more.

Since 2025 Bitpanda has held a MiCA licence, approved through a dual passport from Austria’s FMA and Germany’s BaFin and notified across the Union. For a European buyer that is the cleanest regulatory position available: a European company, regulated by European supervisors, holding euros at European banks.

Founded

2014, Vienna

Licence

MiCA, FMA + BaFin

Fiat

EUR, USD, GBP, CHF

Standard cost

1.49% spread on crypto

Pro route

Bitpanda Fusion

Also trades

10,000+ stocks & ETFs

Plus

Gold, silver, platinum

Not available

United States

The short version: verify with IDnow, fund by SEPA, use savings plans if you are buying monthly — and move to Fusion the moment your purchases get large enough for 1.49% to sting.

What makes Bitpanda genuinely different is not its crypto offering, which is competent but unremarkable. It is that the same verified account, the same euro balance and the same app also buy:

• Crypto — several hundred coins and tokens, plus Bitpanda’s own crypto indices (BCI), which track the top five, ten or twenty-five assets by market capitalisation and rebalance automatically.
• Stocks and ETFs — more than ten thousand instruments, including real fractional shares of US and European companies, at a flat fee of about €1 per trade. Fractional means €25 buys you a slice of a share priced at €800.
• Precious metals — gold, silver, platinum and palladium, backed by allocated physical metal in a Swiss vault.
• Savings plans — recurring automatic purchases, daily, weekly or monthly, on any of the above. There is no extra charge beyond the usual spread, and you can pause or change them at any time.

For anyone who wants a single European account holding a little bitcoin, an MSCI World ETF and some gold, without three logins and three tax exports, that combination is hard to match.

The Bitpanda Card

A Visa debit card that can be linked to any asset in your account, so you can spend from your euro balance, from bitcoin or even from gold, anywhere Visa is accepted. It pays cashback in bitcoin, at a rate that rises with your loyalty tier, and is available across most of Bitpanda’s markets. Useful; also a reliable way to accidentally create a long list of taxable disposals, since every coffee paid for in crypto is a sale.

BEST, the house token

The Bitpanda Ecosystem Token (BEST) powers the loyalty programme: holding it moves you up tiers that reduce costs and raise card cashback. It can be worth holding a working balance if you use the platform heavily. Treat it with the scepticism any exchange-issued token deserves — its value is tied to the fortunes of the company whose platform is also holding your other assets, which is a concentration of risk, not a diversification of it.

Bitpanda is refreshingly direct about its pricing, which is more than can be said for most of the industry. On the standard app the cost is a spread of 1.49% on crypto and 0.99% on stocks and ETFs, built into the price you are quoted. There is no separate commission line; what you see is what you pay.

Directness does not make it cheap. On a €1,000 purchase that is roughly €15, against a couple of euros on a competitive order book. Buy monthly for a year and the difference is a meaningful fraction of a position.

Bitpanda Fusion

Fusion is Bitpanda’s professional platform, and it is where the pricing becomes competitive. Instead of a fixed spread it charges degressive volume-based fees — starting in the region of 0.25% and falling towards a few hundredths of a percent for serious volume — and instead of quoting from a single book it aggregates liquidity from a dozen trading venues across two thousand-odd pairs. Bitpanda charges no deposit or withdrawal fee of its own on it, and it exposes an API for automated strategies.

It is a different interface with a different learning curve, not a toggle. But it runs on the same verified Bitpanda identity, and for anyone buying in four figures the arithmetic makes the switch obvious.

The rest of the bill

SEPA deposits and withdrawals are free. Card and e-wallet deposits carry a charge. Crypto withdrawals cost the network fee, so the chain you send over dominates the cost — the same lesson as everywhere else. And funding in a currency other than the one you buy in adds a conversion charge; deposit in your own currency.

Verification. You will need a valid identity card or passport. Bitpanda offers several routes; the IDnow flow is the smoothest and usually the fastest, and it is what we would pick. Make sure the document is not close to expiry and that the name matches the bank account you intend to use — a deposit from an account in someone else’s name will be rejected.

Getting money in. SEPA transfer is free and takes one to three working days; instant SEPA where your bank supports it. Card, Skrill, Neteller and the other instant options cost more but land immediately. EUR, USD, GBP and CHF are all supported, and you can hold balances in each.

Getting money out. SEPA back to a bank account in your own name, free. As with any platform, make one small withdrawal early rather than discovering a first-cash-out compliance check at the worst possible moment.

Where it works. Bitpanda serves most of the European Economic Area and a number of markets beyond it, and returned to the United Kingdom in August 2025 through Bitpanda Broker UK Ltd following FCA registration. It does not serve the United States.

Bitpanda’s regulatory position is its strongest selling point. The group holds a MiCA licence approved via Austria’s Finanzmarktaufsicht and Germany’s BaFin, passported across the Union, which brings with it MiCA’s core obligations: client assets segregated from company assets, documented custody arrangements, published complaints procedures and supervision by a named European authority you can actually write to.

Euro balances are held at partner banks rather than used by the company. Crypto is held largely in cold storage. What none of this amounts to is insurance: no deposit-guarantee scheme covers cryptocurrency, in Austria or anywhere else. Regulation reduces the chance of the failure modes that destroyed FTX; it does not make an exchange a bank.

Your own security remains the weakest link. Turn on app-based two-factor authentication, use a unique password from a password manager, and reach the site through a bookmark rather than a search result.

Yes — and this is worth stating plainly, because Bitpanda’s broker model leads people to assume otherwise. Coins bought on Bitpanda can be withdrawn to an external address like anywhere else; you are not locked into a closed ledger.

Two caveats. First, the supported withdrawal networks for a given asset are narrower than on a large global exchange, so check before you plan a route. Second, metals, stocks and ETFs are ordinary financial instruments held through Bitpanda, not tokens — there is nothing to withdraw to a wallet, and they are your claim on a regulated intermediary, exactly as with any broker.

For crypto you intend to hold for years, move it to a wallet whose seed phrase only you have seen, ideally a hardware wallet. Send a small test amount first, confirm it lands, then send the rest.

Bitpanda is the fastest of the three to get from nothing to a first coin.

1. Create the account with a dedicated email address and a password from your password manager.
2. Enable two-factor authentication before depositing anything — an authenticator app, not SMS.
3. Verify with IDnow. Passport or ID card, good light, a few minutes. This is the step Bitpanda does better than anyone.
4. Deposit by SEPA from an account in your own name. Free, one to three working days.
5. Buy. Standard app for a small first purchase; Fusion if the amount makes 1.49% worth avoiding.
6. Consider a savings plan rather than a single purchase — a fixed amount weekly or monthly removes the temptation to time a market nobody times.
7. Withdraw a test amount to your own wallet, then record the trade and export a CSV. Under the EU’s DAC8 rules, in force since January 2026, your tax authority receives its own copy.

The honest ledger.

Reach Bitpanda through a bookmark. Paid search results and lookalike apps are a standing risk in this industry.

bitpanda.comsupport.bitpanda.comBitpanda FusionSavings plansBitpanda CardThe MiCA licence announcement