As with all trading platforms, numerous fees apply when using Bitpanda; from trading fees for crypto and stocks to deposit and withdrawal fees.
We have analyzed all the various Bitpanda fees and summarized them in this post so that you can quickly familiarize yourself with Bitpanda's crypto fees in detail.
Note: In 2023, Bitpanda discontinued their advanced cryptocurrency exchange Bitpanda Pro, which used to benefit from significantly lower fees. As a result, we believe Bitpanda is inferior to cost-efficient European cryptocurrency exchanges such as Bitvavo.
Overview of Bitpanda Trading Fees
Depending on the assets traded and the time of day, there are different trading fees on Bitpanda.
For cryptocurrencies, Bitpanda has trading fees of 1.49% in the form of a premium that is included in the price.
For stocks and ETFs, Bitpanda has average fees of around ~0.7% per trade in the form of a spread.
For precious metals, Bitpanda users pay 0.5-2.5% trading fees in the form of a premium and additional weekly storage costs.
The trading fees on Bitpanda can be summarized as follows:
| Bitpanda Trading Fee | |
|---|---|
| Cryptocurrencies | 1.49% |
| Crypto Indices | 1.99% |
| ETFs, Stocks | Spread + 0.5% (+ Doublespread on Nights and Weekends) |
| Gold | 0.5-1% |
| Silver | 2-2.5 |
| Platinum | 2-2.5% |
| Palladium | 1.8-2.5% |
As you can see, trading fees for stocks and ETFs are acceptably low on Bitpanda, but rather expensive for cryptocurrencies.
Bitpanda Crypto Fees
When trading cryptocurrencies on Bitpanda, users pay a fee in the form of a premium of 1.49%.
This premium is already included in the displayed prices of the cryptocurrencies and is therefore not actually shown as an actual fee.
The most costly crypto investing instruments on Bitpanda are crypto indices which come with a high fee of 1.99%. In addition to that, a monthly fee rebalancing of 1.99% on the rebalanced monetary, as well as tax implications can apply.
| Bitpanda | |
|---|---|
| Minimal crypto trading fee | 1.49% |
| Maximal crypto trading fee | 1.49% |
| Crypto indices fee | 1.99% |
Example: Bitpanda Fees for Crypto
Below you can find an example of a €100 crypto purchase that demonstrates Bitpanda's fees:
| Bitpanda | |
|---|---|
| Order type | Market order |
| Base trading fee | 1.49% |
| Purchase value before fee | €100 |
| Applied trading fee | 1.49% |
| Purchase value after fee | €98.51 |
You can see that trading fees on Bitpanda are rather high compared to cheaper crypto exchanges like Bitvavo.
Bitpanda Pro Fees
After Bitpanda Pro became One Trading , new users of Bitpanda no longer benefit from lower trading fees.
Bitpanda Stock Fees: Bitpanda Spread
When trading stocks and ETFs, Bitpanda charges trading fees in the form of a spread of mostly around ~0.7% during the day, as is common with brokers.
At night and on weekends, the Bitpanda stock fee increases by a fraction of the normal spread, in very rare cases to a maximum of ~3.5%.
The spread on Bitpanda - that is the trading fee for stocks and ETFs - consists of two parts:
A varying, natural spread of the stock exchange of ~0.2%, which is already included in the displayed price of the stocks and ETFs
and the additional Bitpanda spread (regular 0.5%, higher at night and weekends), which is added on top.
Example: Bitpanda Fees for Stocks
The following example of investing €100 in a stock illustrates the fees for stocks and ETFs at Bitpanda:
| Regular time | Nights & Weekends | |
|---|---|---|
| Original share price | €99.8 | €99.8 |
| Displayed share price | €100 | €100 |
| Spread included in price | €0.2 | €0.2 |
| Additional Bitpanda Spread | €0.5 (Day Spread) | €0.5 (Day Spread) + €0.1 (Night Spread, 50% of Spread) |
| Total spread (fee) | €0.7 | €0.8 |
| Purchase value before spread | €100 | €100 |
| Purchase value after spread | €99.3 | €99.2 |
The spread included in the price on Bitpanda depends on third party exchanges, therefore the fee for stocks and ETFs on Bitpanda may vary from trade to trade.
However, the overall trading fees for ETFs and stocks on Bitpanda are acceptably low.
Bitpanda Metals Fees
As mentioned earlier, trading precious metals on Bitpanda comes with fees in the form of a premium, which varies depending on the traded metal.
Trading fees for metals on Bitpanda are 0.5-2.5%, whereas buying gold is associated with only 0.5% fees.
| Buying Fee | Selling Fee | |
|---|---|---|
| Gold | 0.5% | 1% |
| Silver | 2.5% | 2% |
| Platinum | 2.5% | 2% |
| Palladium | 2.2% | 1.8% |
The fees for metals are already included in the price at Bitpanda. That means you get exactly the amount of precious metals - and vice versa cash when selling - you see in the Bitpanda trading interface.
Bitpanda Storing Fees
In addition to trading fees, Bitpanda incurs additional storage fees for metals, as they must be physically purchased and stored.
| Weekly storage fees | |
|---|---|
| Gold | 0.0125% |
| Silver | 0.025% |
| Palladium | 0.025% |
| Platinum | 0.025% |
Once again, the storage fees for gold on Bitpanda are the lowest of all metals and rather moderate overall.
Bitpanda Deposit Fees
Besides transaction fees, as a Bitpanda user, you will potentially also encounter deposit fees.
Depending on the deposit type you choose, the deposit fees of Bitpanda vary:
For cryptocurrency deposits, Bitpanda unfortunately charges a small service fee of a few €, unless the deposit exceeds a mostly 4-digit value
For money deposits via SEPA bank transfers, Bitpanda does not charge any fee
For money deposits via third-party providers, Bitpanda charges different fees depending on the provider
| Bitpanda Fee | |
|---|---|
| Cryptocurrencies | ~1-6€ |
| SEPA Bank Transfer | 0% |
| SOFORT | 1.8% |
| Mastercard | 1.8% |
| VISA | 1.8% |
| GiroPay | 1.5% |
| NETELLER | 0.9€ + 3.6% |
| Skrill | 1€ + 3.6% |
The only deposit without fees on Bitpanda are SEPA transfers, so these should be preferred to save on fees.
Assessment of Fees on Bitpanda
Regarding account-related fees: It's worth pointing out that Bitpanda does not charge any inactivity fees. Moreover, keeping an account on Bitpanda is completely free of fees as well, which is a major advantage of fees on Bitpanda.
In order to assess the trading fees on Bitpanda, it is necessary to distinguish between different assets:
The trading fees for cryptocurrencies on Bitpanda of 1.49% turn out to be rather high
Bitpanda fees for metals, stocks and ETFs are moderate and comparable with other brokers
Since Bitpanda charges quite high fees, particularly for cryptocurrency trading, the broker received an overall rating of 83/100 for its trading fees.