Bitpanda review

4.4Last reviewed 2026-08-12

Bitpanda is the best-regulated place for Europeans to buy bitcoin. The Vienna-based broker holds three MiCAR licenses: Germany's BaFin granted the first in January 2025, making Bitpanda the first major platform licensed under the EU's new regime, with further licenses from Austria's FMA and in Malta. That matters, because the MiCA grandfathering deadline of July 2026 forced unlicensed platforms out of the EU entirely.

The product is a broker, not an order-book exchange: you buy at a quoted price with Bitpanda's premium built in, funded by free SEPA transfers, cards, Apple Pay, or Google Pay. Recurring savings plans make dollar cost averaging easy, and the platform serves 7.4 million users across the EEA.

The tradeoff is cost transparency. You pay a spread inside the quoted price rather than a visible commission, which usually works out more expensive than maker-taker rates on an exchange like Kraken. Bitpanda also promotes stocks, metals, and a long altcoin list alongside bitcoin, and it does not serve US customers.

Visit BitpandaOpens www.bitpanda.com

Founded: 2014
Headquarters: Vienna, Austria
Fees: Bitcoin buys show no separate commission; the cost sits in a premium built into the quoted price. SEPA deposits are free, card deposits carry a fee.
KYC: Required
Payment methods: SEPA transfer, Credit or debit card, Apple Pay, Google Pay
Status: Operating

How you can pay on Bitpanda

Every deposit rail Bitpanda supports in at least one market.

Domestic bank rail: iDEAL
SEPA (euro area): SEPA Instant SEPA transfer
Card: Credit or debit card
Pay wallet: Apple Pay Google Pay

As published by Bitpanda: SEPA transfer, Debit and credit cards, Apple Pay, Google Pay.

Where Bitpanda offers each rail, country by country

Pros and cons

What works

Three MiCAR licenses (BaFin in January 2025, Austria's FMA, and Malta), the strongest regulatory footing in the EEA
Free SEPA deposits and recurring savings plans suit steady monthly buying
7.4 million users and a long operating history since 2014
Withdrawals to self-custody wallets are supported

What to watch

Spread-based pricing is less transparent and usually more expensive than exchange maker-taker fees
EEA-focused: no US service and limited availability elsewhere
The app promotes stocks, metals, and altcoin products a bitcoin buyer does not need

Fees in detail

spread note: Buy and sell prices include Bitpanda's premium; there is no separate visible commission.
deposit note: SEPA transfers are free; card, Apple Pay, and Google Pay deposits carry processing fees.
withdrawal note: Bitcoin withdrawals to self-custody pay a network fee.

Every Bitpanda cost, by rail and by country

Where we recommend Bitpanda

Countries where Bitpanda ranks in our local guide, each with its rank, the payment methods it takes there and the legal position. Availability beyond these is possible but unverified by us.

Not available to residents of 189 countries by its own list: Afghanistan, Albania, Algeria, American Samoa, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belize, Benin, Bhutan, Bolivia, Botswana, Brazil, British Virgin Islands, Brunei, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde, Caribbean Netherlands, Cayman Islands, Central African Republic, Chad, Chile, China, Colombia, Comoros, Cook Islands, Costa Rica, Cote d'Ivoire, Cuba, Curacao, Djibouti, Dominica, Dominican Republic, DR Congo, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Eswatini / Swaziland, Ethiopia, Falkland Islands, Fiji, French Guiana, French Polynesia, Gabon, Gambia, Georgia, Ghana, Gibraltar, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea Bissau, Guyana, Haiti, Honduras, Hong Kong, India, Indonesia, Iran, Iraq, Israel, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Kuwait, Kyrgyzstan, Laos, Lebanon, Lesotho, Liberia, Libya, Macao, Madagascar, Malawi, Malaysia, Maldives, Mali, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nauru, Nepal, Netherlands Antilles, New Caledonia, New Zealand, Nicaragua, Niger, Nigeria, Niue, Norfolk Island, North Macedonia, Northern Mariana Islands, Oman, Pakistan, Palau, Palestine, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn Islands, Puerto Rico, Qatar, Republic of the Congo, Russia, Rwanda, Samoa, São Tomé and Príncipe, Saudi Arabia, Senegal, Seychelles, Sierra Leone, Singapore, Sint Maarten, Solomon Islands, Somalia, South Africa, South Korea, South Sudan, Sri Lanka, St. Helena, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Sudan, Suriname, Syria, Taiwan, Tajikistan, Tanzania, Thailand, Timor Leste, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkmenistan, Turks and Caicos, Tuvalu, U.S. Virgin Islands, Uganda, Ukraine, United Arab Emirates, United States, Uruguay, Uzbekistan, Vanuatu, Venezuela, Vietnam, Wallis and Futuna Islands, Western Sahara, Yemen, Zambia, Zimbabwe.

All 31 countries with rank, rails and legal status

Frequently asked questions

Is Bitpanda regulated?

Yes. It holds three MiCAR licenses: Germany's BaFin granted the first in January 2025, with further licenses from Austria's FMA and in Malta. It was the first major platform licensed under the EU's MiCA regime.

What does buying bitcoin on Bitpanda cost?

There is no separate visible commission; the cost sits in a premium built into the quoted buy and sell prices. SEPA deposits are free, and card deposits carry a fee.

Can I use Bitpanda outside Europe?

Bitpanda is built for the EEA and does not serve US customers. Availability elsewhere is limited, so non-European buyers should look at a global exchange instead.