Bitpanda

Bitpanda is a Vienna-based investment platform that started in 2014 as a way for Europeans to buy Bitcoin, and has since grown into a broader broker. Today the same app lets users buy and sell not only crypto but also fractional stocks and ETFs and precious metals, along with a debit card that spends from those balances. It is custodial: Bitpanda holds the assets you buy through it.

The company was originally incorporated as Coinimal GmbH and rebranded to Bitpanda in 2018. It also runs Bitpanda Technology Solutions, a business-to-business arm that provides investing infrastructure to banks and fintechs. Its centre of gravity is European retail investing, with the euro as the home currency and strong reach across German-speaking and wider EU markets.

Bitpanda is a genuine, long-running company, operating since 2014 and regulated in the European Union. It holds MiCA licences — the EU's crypto framework — with authorizations from Austria's FMA and Germany's BaFin that let it serve customers across the European Economic Area, and it is subject to EU know-your-customer and anti-money-laundering rules. There is no record of a breach that drained customer funds from Bitpanda.

In mid-2025, criminals claimed online to be selling a large trove of Bitpanda user data; Bitpanda investigated and said there had been no unauthorized access to its systems and that user data was secure, and researchers noted that recycled data is often falsely attached to well-known brands. As with any custodial platform, the risks that remain are that Bitpanda holds your assets for you and that your own account can be phished — Bitpanda customers have specifically been targeted by phishing schemes. Use a strong second factor and reach the platform only through its official domain and app.

Bitpanda's headline convenience comes with a cost structure that is mostly built into the price rather than shown as a separate commission. On the standard interface, buying and selling crypto typically carries a spread — the gap between the buy and sell price — which is where much of the cost sits, so the "1.49%" style figures people quote are better read as an all-in estimate rather than an exact fee. For more active traders, Bitpanda Fusion and the pro-style order book offer lower, volume-based fees than the simple buy button.

Beyond that, moving crypto off Bitpanda carries the underlying network fee of the chain you use, and there can be small fees on fiat deposit or withdrawal methods. Fee schedules change, so the practical advice is to check the current pricing page and, if you trade more than occasionally, compare the simple interface against Fusion before committing.