Bitpanda Review – Quality Service and Strong Licenses



If you’re looking to diversify your crypto investment portfolio by adding traditional instruments, then look no further. This exchange has created a well-regulated environment that groups a large number of speculative assets under one umbrella. Read more about this great offer in our Bitpanda review.

Regulated by: FMA, BaFIN, AMF
Is This Company Safe? This company has multiple Tier-1 licenses. It is safe for your investment.
Known Websites: bitpanda.com
Have Warnings from: N/A
Registered in: Austria
Operating since: 2021
Trading Platforms: Proprietary
Maximum Leverage: 1:10
Minimum Deposit: 1 EUR
Deposit Bonus: No
Trading Assets: Crypto, Metals, Stocks, Commodities, Crypto Indices
Free Demo Account: No
How to  Withdraw from This Company? Withdrawals are smooth and quick, but should you have problems with your payouts, feel free to contact us for chargeback support.

Sturdy Legal Background

The main corporate office of this exchange is situated in Vienna, Austria. The company has successfully obtained their first FMA license in 2021, proving that they are able to conform to the stringent regulatory conditions present in this nation.

Soon after, in 2022, the company expanded their services to Germany as well. This required yet another license, this time issued by BaFIN, a regulatory agency considered to be the strictest in the entirety of Europe. The company made yet another expansion in 2023 by obtaining a license from AMF.

The company does not have a full license in the UK, and may only operate through their subsidiary called Trustology. This subsidiary is a crypto wallet service, and does not cover the full scope of Bitpanda exchange services. You can find more information on the FCA site.

Meanwhile, a new act was passed by Austrian legislators, called WpFG, and the company expanded the FMA license yet again. This made the exchange one of the first firms to obtain authorization to offer additional services pursuant to the new act.

What Attracts The Clients?

While the bitpanda.com domain existed as early as 2014, it did not become the complex trading institution we see today until much later. The exchange’s main client base lives in the following nations:

  • Germany
  • Austria
  • France
  • Switzerland
  • Italy

Bitpanda crypto service is preferred amongst traders for high level of security, and excellent service diversity. While cryptocurrency trading remains the core business model, the firm also offers trading more traditional instruments.

The firm is known for numerous promotional campaigns, including various giveaways and an ongoing partnership with FC Bayern Munich. This, coupled with numerous social network profiles on Facebook, Instagram, X, LinkedIn and YouTube make for excellent advertising.

Impressive Online Reputation

The Bitpanda reviews we found on popular ratings platforms are very positive. The firm has a verified TrustPilot page, and has an average rating of 3.8 stars in more than 9,400 separate reviews.

The 14% of clients that are critical of the service cite various issues, ranging from misplaced deposits to blocked accounts. If you’re having troubles with this company and require help with asset recovery, contact our experts via the live chat.

Fees, Charges and Limitations

Due to abiding the MiFID online trading regulations, the company allows the maximum leverage of 1:10, depending on the instrument chosen. On digital currencies the maximum ratio is 1:2, as according to legislation. 

General fees are by default set to 1.49% for all crypto trading while an additional 1% is charged for closing positions along with an overnight fee of 0.1% on all remaining open trades.

Maintaining your Bitpanda trading account is free of charge and there’s no inactivity fee. No charges are implemented on account funding and payouts, either.

Revenue Share

Clients with their Bitpanda login can use their referral link and get other individuals to sign up for the service. That brings them 20% revenue share for each new registrant they’ve referred. If the new signups make a purchase the affiliate gets 20% commission for a limited time.

This platform has a far clearer and transparent policy concerning bonuses, unlike questionable service providers like Epic Trust.

Something For Everyone

Wide variety of services, thousands of available products and ways to earn are just some of the benefits of signing up with this reputable service. Reliable tools are present whether you wish to try and trade, earn, stake or participate in any of the ongoing programmes. Keep reading this review to find out the particularities.

Comprehensive Platforms

A fulfilling trading experience awaits all the clients that decide to use the robust and feature-rich web platform, desktop app or mobile trading solution. 

An array of specialized tools and add-ons are a reliable companion for everyone who’d like to navigate the complex online trading landscape. Deep insight, market updates and latest trends and price fluctuations can be efficiently followed from inside the terminal. 

Bitpanda App for Mobile

The company leadership understands the importance of keeping an eye on open positions even when the users aren’t in front of their computers. That’s why the team has developed a proprietary mobile app. The software is available for download from both App Store and Google Play.

Wide Asset Palette

Total number of available products for trading, staking and other ways of investing in is over 3.000 and here are the groups of instruments provided:

  • Crypto – BTC, ETH, BCH
  • Crypto Indices – BCISL, BCILL, BCIML
  • Stocks – Microsoft, Apple, Nvidia
  • ETFs – NIKKEI 400, FTSE250, MDAX
  • Metals – Gold, Silver, Platinum
  • Commodities – Sugar, Gasoline, Copper

Swift Account Creation

Finance institutions and seasoned traders should be reminded that Bitpanda Pro has rebranded to Onetrading where they should now register if they intend to participate in financial markets. 

Retail traders only need to have at least 1 EUR on their account to be eligible for trading, although they won’t be able to open positions with less than 10 EUR and without a completed KYC.

Lastly, as an additional layer of security, the broker allows employing Bitpanda 2FA, which is a two-factor-authentication safety precaution you should enable during your account setup.

Academy

It doesn’t matter if you’re a beginner, intermediate or crypto expert, this portal has you covered for whatever area you wish to improve your knowledge on. 

Comprehensive lessons are available for each trader, regardless of their amount of previous expertise. Detailed lessons are given in the form of text articles combined with Youtube video inputs and tutorials. 

How Withdrawals Work

The interactive user interface allows existing clients to just several buttons and choose their preferred method to put together their payout request. Funds do not take more than 2-3 days to arrive if it’s not an EU bank. Unless your withdrawal requires a manual approval done as a safety measure, you’ll be cashing in your profits in a matter of minutes.

All payouts are completed within minutes, which makes this service far superior in comparison to many industry giants and especially unregulated platforms like Royal FX Bank.

Lack Quicker Support Channels

The company with such a reputation and rich service should have a better developed strategy of maintaining communication with clients. Major crypto brokers and similar companies usually feature online chat, emails, phones and other methods of communication. This website only supports online form.

Do You Need Help With Recovery?

Bitpanda GmbH is a well-regulated cryptocurrency exchange that has recently expanded their license to cover other trading instruments as well. The firm is well received by their clients, and offers a well rounded service at competitive prices.

If you suspect you’ve become a victim of an online scam, feel free to contact our legal experts. We are available around the clock for your convenience, and offer the first consultation free of charge.

FAQ Section

What is Bitpanda?

It is a virtual asset service provider based out of Austria. The company is well regulated, and respected by their clients.

How Much Is the Withdrawal Fee for Bitpanda?

The firm charges a fee of €1.5 for card ATM withdrawals. Currencies other than EUR incur an additional exchange fee of 2.5%. VIP level discounts apply.

Who Owns Bitpanda?

The main holding company of the exchange and its subsidiaries is Bitpanda GmbH, Austria.





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