Binance | Bitpanda | |
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Introduction | Binance Binance is one of the leading global cryptocurrency exchanges since 2017, initially founded in China. Binance offers trading for spot cryptocurrencies and futures, with both rich trading tools and a simple trading interface with Binance Lite. The exchange is particularly known for listing many cryptocurrencies at low trading fees. While Binance originates from China it has expanded to dozens of countries around the world where it seeks to adhere to local regulations. | Bitpanda Bitpanda is a European multi-asset trading platform based in Austria that offers cryptocurrencies among many other assets. The modern trading platform was founded in 2014 and focuses on providing beginners with an easy introduction to investing. Bitpanda is regulated by the German BaFin, which makes it a very safe and trustworthy trading platform. |
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Binance | Bitpanda | |
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Tradable Assets | Cryptocurrencies, Derivates | CFDs, Cryptocurrencies, Crypto Indices, Derivates, ETFs, Precious Metals, Stocks |
Cryptocurrencies | 350+ | 200+ |
Stocks | - | 2185+ |
ETFs | - | 185+ |
Payment Methods | ||
Min. Deposit | 1€ | 25€ |
Verification | ID, Selfie | ID, Video |
Languages | 🇬🇧 English | 🇬🇧 English |
Headquarters | 🇰🇾 Cayman Islands | 🇦🇹 Austria |
Regulations | 🇫🇷 AMS, 🇪🇸 BdE, 🇸🇪 FI, 🇱🇹 FIU, 🇵🇱 KAS, 🇮🇹 OAM, 🇲🇽 SAT | 🇩🇪 BaFin, 🇦🇹 FMA |
Founded In | 2017 | 2014 |
Binance vs BitpandaShowcase
Binance | Bitpanda | |
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Fee Structure | Binance The trading fees on Binance depend on the used trading mode. In the easy trading mode, Binance Lite, higher fees of 0.5% apply. The advanced mode, Binance Pro, only comes with fees of 0.02-0.1%, which get lower the more you trade. Fees on Binance Pro can be further reduced by -25% by using Binance's own token BNB for paying fees. | Bitpanda On Bitpanda, users pay a rather high fee of 1.49% for crypto trading in the form of a premium included in the price. For stocks and ETFs, a fee is charged in the form of a spread of ~0.7%. For metals, Bitpanda charges weekly storage fees and additional moderate premiums. More |
Standard Crypto Fee | 0.5% | 1.49% |
Advanced Crypto Fee | 0.02-0.1% | - |
Average Crypto Fee | 0.28% | 1.49% |
Binance | Bitpanda | |
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< 1,000,000$ | 0.1% | 1.49% |
< 5,000,000$ | 0.09-0.1% | 1.49% |
< 20,000,000$ | 0.08-0.1% | 1.49% |
Binance | Bitpanda | |
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Tradable Coins |
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Bitcoin | Yes | Yes |
Ethereum | Yes | Yes |
BNB | Yes | Yes |
XRP | Yes | Yes |
TRON | Yes | Yes |
Litecoin | Yes | Yes |
Binance | Bitpanda | |
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Mobile App | Android,iOS | Android,iOS |
Web Version | Yes | Yes |
Easy Trading | Yes | Yes |
Pro Trading | No | |
Demo Account | No | |
Signup Bonus | No | No |
Recurring Buys | Yes | Yes |
Real Crypto | Yes | Yes |
Withdrawable Crypto | Yes | Yes |
Crypto Staking | Yes | Yes |
Crypto Lending | Yes | No |
Why Binance over Bitpanda? | |
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Binance | Bitpanda | |
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Registration Speed | 70/100 | 90/100 |
Simplicity | 78/100 | 92/100 |
Coins | 99/100 | 96/100 |
Features | 97/100 | 94/100 |
Fees | 93/100 | 83/100 |
Opinion | Binance 87% Good /2024 We recommend Binance to advanced cryptocurrency investors who feel confident with advanced trading interfaces. This is because while Binance Lite is more or less suitable for Beginners, it's apparent that Binance values features and cost-efficiency over beginner friendliness throughout all trading modes. Binance particularly shines regarding the number of tradable coins and trading fees, making it perfect for high-volume traders and small-cap investors. | Bitpanda 91% Very Good /2024 Bitpanda offers a user-friendly trading platform strictly regulated in Europe and includes all the important features for crypto investors, such as staking and a savings plan. Thanks to a quick registration, and easy usage, we recommend this trading platform for absolute beginners who put less emphasis on trading fees, as those are the most significant drawdown of Bitpanda. |