Bitpanda vs SimpleSwap

How Bitpanda vs SimpleSwap compare on our ratings, exchange specs, funding, pros and cons.

VS
Feature
Ratings
Our score4.0/54.1/5
User ratingNo reviews yetNo reviews yet
Fees3.03.0
Security & trust4.54.0
Asset selection4.55.0
Ease of use4.54.5
Support3.54.0
Specs
MarketsSpot, MarginSpot
Coins listed6502,800
Fiat deposit methodsNot disclosedCard
KYC required Yes No
Accepts US customers NoNot disclosed
Staking / earn YesNot disclosed
Mobile app Yes Yes
Licenses & registrationsMiCAR CASP (Germany), MiCAR CASP (Austria), BaFin Custody Licence, FCA Cryptoasset Registration (UK), VARA Broker-Dealer (Dubai), MiFID II, PSD2Not disclosed
Security featuresCold storage, ISO 27001, SOC 2 Type 2, Two-factor authentication, Negative balance protectionNon-custodial architecture, Direct wallet settlements
Futures & perpetuals No No
Max leverage (x)10Not disclosed
Copy trading No No
P2P market No No
Earn / savings products YesNot disclosed
Referral programNot disclosed Yes
Company
Founded20142018
HeadquartersAustria—
InvestorsValar Ventures, Alan Howard, Jump Capital, LeadBlock Partners +1Not disclosed
Strengths and weaknesses
Pros
  • Regulated under MiCAR across the European Union with BaFin and FMA authorizations
  • Over 650 cryptocurrencies available alongside fractional stocks, ETFs, and metals
  • SEPA fiat deposits and fiat withdrawals incur zero platform fees
  • Stocks and ETFs trade at a flat fee of 1 euro per transaction
  • No account registration required for standard crypto-to-crypto swaps
  • Non-custodial model delivers converted assets directly to personal wallets
  • Extensive catalog covering more than 2,800 cryptocurrencies
  • Choice between fixed guaranteed rates and floating market rates
Cons
  • Does not accept customers residing in the United States
  • Mandatory KYC identity verification required before any trading can take place
  • Custodial platform where users do not control their private keys
  • Retail instant crypto purchases include built-in broker spreads
  • Built-in exchange spreads can exceed traditional spot order-book trading fees
  • Transactions flagged by automated AML risk scoring trigger sudden KYC holds
  • No order books, limit orders, futures, or margin trading
  • Fiat purchases rely on third-party processors with separate fees and verification
Best forEuropean retail multi-asset investors, Users buying crypto alongside traditional stocks, Automated recurring savings plan investorsRegistration-free crypto-to-crypto swaps, Non-custodial cross-chain transfers, Trading rare altcoins without CEX balances

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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