Some of the links on this site may be affiliate links. ICOBench may receive advertising commissions when users visit recommended platforms via our affiliate links, at no additional cost to you. All recommendations are based on a comprehensive review process. Bitpanda runs a multi-faceted platform that caters to different investment needs, such as active trading and long-term investing. It offers advanced trading tools for traders alongside savings and earning features for users who focus on portfolio growth. In this review, we examine Bitpanda’s regulatory status, trading features and savings and yield options.
As a major trading platform in Europe, Bitpanda supports cryptocurrencies, digital assets, stocks, commodities, precious metals, and ETFs. As part of a massive rollout that went live on January 29, 2026, Bitpanda has also launched an all-in-one investing app, allowing users to buy and sell more than 10,000 stocks, ETFs, ETCs, precious metals, and commodities.
You will also find a launchpad on the platform, which allows you to launch your tokens as a developer or find the latest tokens as a trader.
In the next few minutes, we will take you through what makes Bitpanda unique and why you should consider it as your next investment platform.
Bitpanda launched its operations in Austria in 2014 to reimagine investments and simplify the process for everyone. Today, the company has over 700 members on its team and serves over 7 million users. Through dedication and an innovative approach, the company met the “unicorn” status in Austria shortly after its $4 billion evaluation in 2021. As part of its vision to simplify cryptocurrency investing, Bitpanda partnered with Visa in 2021. This partnership brought the Bitpanda debit card, which you can use to pay for goods and services in cryptocurrency or commodities. Another notable partnership is the one with Coinbase, which Bitpanda secured in 2023. This partnership enabled it to provide a regulated trading infrastructure to institutional clients, an approach we’ve seen in several other crypto exchanges. Some of the awards Bitpanda has won over the years include: This platform focuses primarily on the EU and is not licensed in the U.S. It also restricts US residents from accessing its services. That said, Bitpanda uses a smart regulation approach that boosts its growth and innovation. During the Bitpanda review, we confirmed five licenses, which are as follows: Note that even in countries where Bitpanda operates, you may encounter limitations in some regions. For example, the Bitpanda card may not work in some countries, and other regional restrictions may apply. We recommend you to verify the availability of services in their jurisdiction before proceeding.
Bitpanda secures its infrastructure and systems with modern encryption technologies and also operates a 24/7 security model. The company has the ISO27001 certification, which proves its commitment to industry standards when it comes to securing user data. It has also attained the SOC 2 Type 1 report, which demonstrates its efforts toward maintaining ongoing compliance. For personal account security, Bitpanda offers the following: Finally, Bitpanda runs routine assessments, which have been instrumental in keeping the platform secure, despite growing concern as crypto hacks hit new heights. Since its debut in 2014, the company has not experienced any successful hack that resulted in the loss of user funds. The platform supports over 650 cryptocurrencies and over 10,000 stocks, ETF’s, ETN’s, precious metals and commodities. If you switch to the margin trading section, you’ll find over 100 cryptocurrencies. Major supported cryptos include Bitcoin, Ethereum, Vision, XRP, Solana, Doge, TON, etc. These cryptocurrencies can be traded directly on the Bitpanda spot margin trading. Bitpanda supports leverage up to 10x on most of the supported cryptocurrencies. If you need more leverage, you can check out our top recommendations for the best 100x leverage trading platforms. You can now trade over 10,000 stocks, ETFs, and ETCs on Bitpanda, starting January 29, 2026. It gets better as the platform will also provide fully automated tax handling. If you already have existing stocks and an ETF portfolio, you can transfer them to Bitpanda. Do that on or before February 14, 2026, and you can also receive 1% back. As for features, Bitpanda supports market orders, which allow you to automate your trades on the platform. All trades you make, regardless of the size, will incur a €1 flat fee with no hidden costs. If you want to trade fractions of your shares, you can also do that. Disclaimer: Execution-only services for stocks, ETF and ETC are provided by Bitpanda Financial Services GmbH. Not a public offer. This information is provided for information purposes only and does not constitute investment advice or a recommendation. 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. Bitpanda’s features are primarily divided into crypto trading and traditional assets like stocks, commodities, and ETFs. For crypto trading, you’ll find the following features: This section supports over 100 assets, and you can trade with leverage as well. It offers real-time monitoring and, most importantly, liquidation alerts before liquidation. Take profit, and stop-loss options are also available when you trade margins on Bitpanda. Key indicators like margin level, PnL, liquidation price, and entry price are updated in real time. You can also add collateral to your position, an approach we tried during the Bitpanda review. The approach helps improve margins, but what’s even better is that Bitpanda allows you to partially close your position at any time. There are a few things we took note of while testing the platform, including: If you are an advanced user who wants more than what the margin trading feature offers, the Bitpanda Fusion is your best bet. The platform uses real-time order book aggregation to give the best execution on crypto trades. You’ll get advanced order types and market-leading liquidity, more than you’ll get with the regular trading option. The order types available with Bitpanda Fusion include the following: You can use one account to access over 700 trading pairs. But note that the platform isn’t like the typical crypto exchange. Bitpanda will act as a broker, acting as the counterparty when you execute trades. The best part about Bitpanda Fusion is that it gives you the best prices. That is because it aggregates the order books of multiple global exchanges. Then, it compares the order books to get the best price in your preferred trading pair. That contrasts with typical exchanges that match bids and ask orders. By using this approach, Bitpanda removes the need for external venues or third parties in fulfilling the trade orders. You will trade directly with it. Note that Bitpanda Fusion is only available on desktop for now. However, we did confirm that the mobile version is currently in development. A defining advantage of the Bitpanda DeFi wallet is that Bitpanda will cover the gas fees on eligible transactions. And for others, you will have to choose the token. That said, the Bitpanda wallet is 100% self-custodial. You also have the option to back it up for easy recovery and, if you ask us, peace of mind as well. While the wallet is unregulated, you still get high security standards like smart contract screening. The wallet also handles the multichain swaps, meaning you don’t have to manually switch from one network to another when trading. Like in Bitpanda Fusion, the platform routes trades through multiple liquidity sources. This approach ensures you get the most efficient swaps at those moments. Speaking of swaps, the wallet supports multiple EVM- and SVM-compatible chains for multichain trading and earning. The Bitpanda DeFi wallet is only available as a mobile app, which isn’t surprising. But compared to other cryptocurrency wallets we’ve reviewed, a desktop version would’ve improved the flexibility. As of this writing, the Bitpanda DeFi wallet does not connect to external dApps. However, we can confirm that the platform is working to include a Web3 discovery section, with curated applications that are accessible directly from the app. Keep in mind that you can create a wallet account independent of your Bitpanda main account. However, we recommend you connect your main Bitpanda account to get extra features. These features include sponsored gas fees, one-click onboarding, and the crucial Bitpanda backup. As an investor, the Bitpanda Launchpad will provide the following benefits: But if you are a developer, you’ll get the following benefits: Bitpanda’s debit card is not limited to crypto alone. You can spend stocks and metals as well, if you have those in your portfolio. But if you spend your crypto assets, you’ll get a 1% cashback. The debit card supports over 600 crypto assets, and it has several benefits, like 0% monthly fees, 0% FX fees, and in-app card management. But note that non-Euro transactions will attract the Visa markup fees. With the Bitpanda app, you can track your purchases and expenses through the payment history and cashback rewards. And if needed, you can allow real-time push notifications for every transaction. The Bitpanda debit card is PCS DSS compliant and has other security features like: Make sure you have to be a resident of a country in the euro area to be eligible for the Bitpanda debit card. This club is exclusively for Bitpanda’s most valued customers. The benefits include enhanced support, access to early adopter programs, and dedicated success managers. However, how much benefit you’ll get depends on your membership level. The dedicated success manager is one of the most crucial benefits of being in the Bitpanda Club. That is because the manager will provide regular reviews of your trading activity to help you make better decisions. As for the early adopter program, you’ll get access to new features and products before the rest of the users. It’s one way to stay ahead of the curve by investing in the latest digital assets with the most recent technology. The Bitpanda Web3 ecosystem includes the DeFi wallet, the Vision token, the Vision protocol, the launchpad, and the Vision chain. With the wallet, you can make one-tap swaps across multiple chains, and you don’t need seed phrases with optional recovery. To get the most out of the Bitpanda Web3 ecosystem, you’ll have to get the Vision token. The token connects everything, from the rewards to the governance, growth, and payments. Note also that you can stake the Vision token and get up to 10% APY. And if you hold it, you will get 20% trading fee discounts on the primary Bitpanda trading platform and the DeFi wallet.
Bitpanda Earn is the passive way to earn rewards on the platform. You can earn weekly rewards by staking your coins and tokens. And the rewards start from the first week, meaning there is no warm-up period before your coins work for you. We were impressed with the absence of a lock-up period when you stake your assets. You have full control over them, including how and when you want to use them. The only exception to this is when you stake ETH. Bitpanda offers up to 10% staking rewards on some cryptocurrencies and tokens. Others offer between 5% and 10%, while the remaining ones offer less than 5%. As such, we recommend you confirm the staking rewards for your preferred token before you begin. Keep in mind that Bitpanda will charge a commission for staking. However, it will deduct the commission from your rewards and not from your staked assets. Another thing worth mentioning is that you can not use the staked assets with your Bitpanda debit card. You will have to redeem the tokens first before you use them for card purchases or transactions. You’ll find the premiums for buying or selling cryptocurrencies in the offered prices. The approach ensures you always receive the exact amount of coins or fiat you find on the confirmation page. For the premium, Bitpanda applies a 0.99% charge when you buy or sell Bitcoin. When you trade other cryptocurrencies, you can expect to pay fees between 0.00% and 2.49%. When it comes to deposits and withdrawals, Bitpanda has varying rates for them. You can expect daily, monthly, and total limits on your account, and even with that, you can expect different limits for online transfers, credit cards, and bank transfers. That aside, you will need at least one euro to buy or sell cryptocurrency on the platform. And you may be able to avoid fees if you make higher deposits.
Here are a few things you can do to be cost-efficient when trading on Bitpanda: We did see almost identical features on the mobile app and the web platform. However, there were significant differences when it came to speed, analytical tools, and advanced functionality. The mobile app allows you to buy cryptocurrencies quickly. You can also use the app to manage your Bitpanda card, with the option to switch your asset and track your spending. However, when you need better charting and even the option for easy tax reporting, the web platform is the better choice. Bitpanda offers 3 major customer support options, starting with the self-service option. You can access the self-service from the help center, and to a certain degree, we’d say it is quite capable of resolving most issues on the platform. The option features popular topics that other users look for, and a search bar for you to use specific keywords. Another support option is the live chat, which is available 24/7. Also, it supports multiple languages by connecting you to multilingual agents. Phone support is also available, but it isn’t available 24/7 like the live chat. Instead, you’ll have to check the availability, find the time that works for you, and book a call. With the call booked, Bitpanda will reach out to you on the scheduled date and time. We tested all three options, and the live chat remains the best for resolving complex challenges quickly. The telephone support can handle complex challenges as well, since you will speak with a customer agent. However, it does take time to connect to an agent. ✅ You can get the Bitpanda card to spend your cryptocurrencies in physical stores and also make online purchases ✅ There is no lock-up or warm-up period when you stake your cryptocurrencies ✅ The platform supports an automated savings plan ✅ Bitpanda Launchpad provides early access to new tokens and crypto projects ✅ The platform will convert your deposits to EURCV at zero cost when you trade margins. ❌ Bitpanda is not available for U.S. residents ❌ Bitpanda offers a relatively lower leverage (10x) Bitpanda features a straightforward process when it comes to creating and verifying your account. The process is as follows: The details required for account creation with Bitpanda are your name, email address, password, and country of residence. Once you’ve entered those details, agree to the user agreement and continue.
You can verify your Bitpanda account using the desktop platform or the mobile app. For the desktop platform, go to the user icon and select “Verify Now.” If you use the app, simply select your profile icon and go to the “Verify Now” section. Enter your details on the platform and save them. Then, enter the SMS verification code for your phone number before proceeding to submit your ID and other required documents. Bitpanda supports fiat and crypto deposits. However, note that you may receive SMS verification if you opt for fiat deposits or payments. To fund your account on Bitpanda, simply go to the trade section and select deposits. Then, choose between fiat and crypto and enter the amount you want to pay. Bitpanda offers a few advantages over typical crypto exchanges, and one of these advantages is the absence of third parties when you trade margins. The platform serves as the counterparty and also aggregates liquidity from global platforms to give you the best prices and execution speeds. If you are into crypto, stocks, commodities, ETFs, metals, and other traditional assets, Bitpanda is ideal for your needs. As of January 29, Bitpanda has introduced a unified investing app that brings stocks, ETFs, ETCs, and multiple asset classes into one place. To mark the launch, users can earn 1% cashback on eligible stock, ETF, or ETC trades and portfolio transfers completed 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.
Key Takeaways
An Overview of Bitpanda and Its Background
Licensing and Security
Restricted Countries
Security Features at Bitpanda
Available Assets, Coins, and Trading Pairs on Bitpanda
Stocks, ETFs, and ETCs
Notable Features on Bitpanda
☆ Margin Trading
☆ Bitpanda Fusion
☆ The Bitpanda DeFi Wallet
☆ Bitpanda Launchpad
☆ The Bitpanda Card
☆ The Bitpanda Club
☆ Bitpanda Web3
Earning with Bitpanda
Fees and Limits on Bitpanda
Pro Tips to Minimize Cost on Bitpanda
Our User Experience on Bitpanda
Customer Support
Pros and Cons of Using Bitpanda
Pros
Cons
✅ Bitpanda operates a regulated brokerage service for crypto and other traditional assets like stocks
❌ You can’t trade with your tokens or use them via your Bitpanda card once you stake them
How to Set Up a Bitpanda Account
Step 1: Create a New Account
Step 2: Verify Your Account
Step 3: Fund Your Bitpanda Account
Bitpanda Review—Conclusion
FAQ
Can I trust Bitpanda?
Is Bitpanda legal in the US?
What are the cons of using Bitpanda?
Is Bitpanda better than Coinbase?
What are the advantages of using Bitpanda?
