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Bitpanda Review 2025 - Is this the Platform for You?

Table of Contents

In this review, we’ll cover what you need to know about Bitpanda in 2025. That includes how the platform works, what cryptoassets are available to UK users, its fees and security measures, and the pros and cons.

Quick Answer: How Does Bitpanda Rate Overall?

Bitpanda rates highly for ease of use and crypto asset variety. It’s well-suited to beginners and long-term crypto holders. Its simplicity and robust security make it a solid broker for digital assets. We rate Bitpanda 4.7/5.

Bitpanda Overview

What Is Bitpanda?

Bitpanda is a cryptoasset broker that allows users to buy, sell, and hold cryptocurrencies. Founded in 2014, Bitpanda is based in Vienna and operates under strict regulatory frameworks across Europe.

Bitpanda is designed to be intuitive and accessible, especially for newcomers to crypto.

What Can You Trade on Bitpanda (UK )?

Crypto (600+ assets)Yes
Crypto IndicesYes
Leverage TokensNo
Security TokensNo
CommoditiesNo
ETFsNo
MetalsNo
Bitpanda StocksNo
Web3 WalletYes
CardNo
Cash PlusNo
FusionNo
Limit OrdersYes
Margin TradingNo
Savings PlanYes
SpotlightYes
StakingYes

How Easy Is It to Sign Up to the Platform?

Getting started with Bitpanda is quick and straightforward. After completing a standard KYC process (including ID submission and a short video verification), users gain access to an intuitive dashboard to track portfolios, monitor prices, and trade digital assets.

Is the Mobile App Any Good?

Bitpanda’s mobile app (iOS and Android) gives full access to your account. It’s designed with usability in mind — clean interface, smooth performance, and a great option for trading or tracking crypto on the go.

Is Bitpanda Regulated?

Bitpanda is regulated in Europe. It is:

  • Licensed by Austria’s FMA and Authorised by BaFin in Germany.
  • Bitpanda also holds a PSD2 payment license and complies with MiFID II. In 2024, Bitpanda confirmed its alignment with the EU’s MiCA regulation, a groundbreaking framework providing enhanced protection for crypto asset investors.

What Security Features Are in Place?

– Cold Wallet Storage for most user funds
– Two-Factor Authentication (2FA)
– Email confirmation for sensitive actions
– ISO 27018-certified data handling for personal and financial data

Has Bitpanda Ever Been Hacked?

As of 2025, there have been no publicly reported security breaches. Bitpanda’s strong compliance and transparency make it a trusted broker for crypto investors.

How Much Does It Cost to Trade on Bitpanda?

ItemConfirmed Fee / Detail
Standard crypto tradesfrom 0,99% premium/spread (up to ~2.49% in some cases)
Deposit (all methods)Free (Bitpanda charges none)
Withdrawal (all methods)Free (Bitpanda charges none)
Card payments (deposit)Bitpanda fee‑free; card issuers may charge ~1.5%
PayPal (UK)Free (for both deposits and withdrawals)

Are There Any Other Fees?

Bitpanda has eliminated all deposit and withdrawal fees. There are no inactivity charges, making it a cost-effective choice for both active and occasional crypto investors.

What Are the Pros and Cons of Using Bitpanda?

  • 600+ cryptoassets (UK’s widest selection)
  • Zero deposit and withdrawal fees
  • Start trading from just £1
  • Excellent mobile app and beginner-friendly interface
  • No access to stocks, ETFs, or metals in the UK
  • No Fusion or margin trading in the UK
  • Spread fees higher than some competitors
  • Limited advanced trading tools
  • Customer support can be slow during peak times

What Do Users Think About Bitpanda?

Bitpanda receives positive reviews on platforms like Trustpilot (avg. 4.2–4.5 stars). Users highlight its ease of use, design, and asset variety. Common complaints involve high spreads and slower customer support response during market surges.

What Are Common Support Issues?

Some users experience delays during identity verification or when processing withdrawals. Live chat isn’t always available, but Bitpanda offers a helpful support centre with detailed articles and troubleshooting.

Can Bitpanda be Right for You?

If you’re a UK investor looking for a simple and secureway to buy and hold crypto, Bitpanda is a strong contender. It combines ease of use and supports long-term crypto accumulation strategies.

Who Might Look Elsewhere?

– Active day traders needing access to margin, real-time order books, or lower fees
– Investors seeking traditional assets like stocks or ETFs
– Users needing round-the-clock support

Final Thoughts

Bitpanda stands out as a safe and beginner-friendly crypto broker for UK users. With zero-fee deposits and a wide range of supported digital assets, it’s a solid option for anyone starting or growing a crypto portfolio.

While it lacks advanced trading tools and non-crypto asset classes in the UK, its transparent pricing and strong security make it a reliable choice.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. This marketing communication does not constitute investment advice, a solicitation, or an offer to buy or sell any cryptoassets. In no way are performance or results guaranteed. You should keep yourself informed and understand the risks involved in buying and holding cryptoassets.

When Crypto, Then Bitpanda

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

FAQs

Does Bitpanda charge trading fees?

Yes. Standard crypto trades include a spread (~1.49%). All deposits and withdrawals are free.

Can I buy real stocks on Bitpanda?

Not in the UK. Stocks, ETFs, and metals are not available to UK users.

Is Bitpanda available in the UK?

Yes. Bitpanda is operational in the UK.

What payment methods does Bitpanda support?

You can deposit via Faster Payments, credit/debit card, and PayPal in the UK — all fee-free.

References

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