Comparison of Bitpanda vs Bitfinex [ 2025 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Bitpanda vs Bitfinex comparison!

Your expert: Alejandro Borja

bitpanda

Bitpanda

Your expert: Xavier Tarrasó

bitfinex

Bitfinex

Main points

Fees

0,10%/1,49%

Earns

No

Customer service

4/5
0,10% /0,20%

Fees

No

Earns

3/5

Customer service


Recommended for

Beginners

Yes

Trading

No

Passive income

No

Buy and hold

Yes
No

Beginners

Yes

Trading

No

Passive income

Yes

Buy and hold


Comparison of fees

Rating

3.8 – Reasonable fees with some additional costs for non-crypto trading.
4.2 – Low fees for high-volume traders but higher for smaller trades.

Level

0,10%/1,49%
0,10% /0,20%

Brief explanation

Bitpanda’s fee structure is designed to be transparent and straightforward, which benefits users by making it easy to understand the costs associated with trading and transactions. The platform charges a variety of fees, including trading fees, withdrawal fees, and deposit fees, although deposits in some methods like bank transfers may be free. Trading fees vary depending on the asset and can be slightly higher compared to some competitors, typically around 1.49% for buying and selling cryptocurrencies. This is offset somewhat by the convenience and range of services Bitpanda offers, including the ability to trade precious metals alongside digital assets. Overall, while the fees are not the lowest in the market, the high level of service and security provided by Bitpanda may justify the costs for many users.
Bitfinex’s fee structure is designed to cater to both high-volume and occasional traders. The exchange employs a maker-taker fee model, where makers, who add liquidity to the market by placing limit orders, typically pay lower fees than takers, who remove liquidity by matching orders already on the book. Fees for takers start at 0.20%, and for makers, they begin at 0.10%. These fees decrease significantly with increased trading volume, making Bitfinex an attractive option for active traders. Additionally, there are no fees for depositing cryptocurrencies, though withdrawal fees do apply and vary depending on the currency. Overall, Bitfinex’s fees are competitive within the industry, providing a fair balance between cost and the comprehensive features offered.

Bitpanda

Bitfinex

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Product selection

Native token

No
Token LEO

Earns

No
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Bitpanda GmbH
iFinex Inc.

Regulation

Regulated in Austria
Not regulated

Year founded

2014
2012

Founder

Eric Demuth, Paul Klanschek, Christian Trummer
Jean

Payment methods

Transfers

Yes
Yes

Mastercard

Yes
No

Wire transfer

Yes
Yes

Card

Yes
No

Comparative table

Bitpanda FEATURES Bitfinex
Bitpanda allows small minimum trades, making it accessible for beginners to start with little capital.
Minimum Trade
Bitfinex allows trading with a relatively low minimum, catering to both small and large investors.
Fees are competitive, though crypto deposit fees could be improved.
Trading and Transaction Fees
Fees are competitive, but high withdrawal fees may deter frequent traders.
Bitpanda supports a solid range of over 350 cryptocurrencies, suitable for most traders.
Number of Cryptocurrencies
Offers a wide range of cryptocurrencies, providing extensive trading options.
Offers a decent selection of trading pairs, but more could be added, especially on Bitpanda Pro.
Crypto-to-Crypto Trading Pairs
Extensive crypto-to-crypto pairings offer flexible trading strategies.
High level of transparency regarding fees, security measures, and company information.
Website Transparency
Generally transparent with operational and security practices but could improve in fee structures.
The Bitpanda Card offers seamless integration with the platform, providing flexibility and convenience for everyday spending and access to various benefits like cashback and easy conversion between different asset types.
Credit/Debit Card
Bitfinex does not provide an exchange card for customers to use for in-store purchases.
Provides secure storage solutions, including cold storage, although it lacks a dedicated user-controlled wallet.
Storage Offering
Provides secure storage options including cold storage, though it’s complex for beginners.
Offers staking options and rewards through the Bitpanda Ecosystem Token (BEST), adding value for users.
Staking and Rewards
Offers competitive staking options and rewards, enhancing user investment potential.
Both mobile and desktop platforms are highly user-friendly and well-designed, offering a seamless experience.
Mobile App and Desktop
Both platforms are robust and user-friendly, but the mobile app lacks some advanced features.
Customer service is generally praised for its responsiveness and helpfulness, though availability could improve.
Customer Service
Customer service is available but response times can be slow during peak times.
Bitpanda supports multiple deposit and withdrawal methods, but could improve by removing deposit fees.
Deposit and Withdraw
Efficient deposit methods; however, withdrawal policies can be restrictive and costly.

Key features

Analysis tools

Basic charting tools
Advanced charting tools, multiple technical indicators, and APIs

Mobile APP

No
No

Security

High 4,9/5
High 4,9/5

Additional features

Stocks and ETFs trading, metals trading, savings plans, Bitpanda Pro exchange
Margin trading, lending services, staking, Bitfinex Pulse (social network)

Anonymity

No
No

Key points

Available cryptocurrencies

50+
150+

User-friendliness

Bitpanda is known for its clean and intuitive interface, making it an excellent choice for beginners. The platform is easy to navigate, and the process of buying and selling cryptocurrencies is straightforward.
Bitfinex provides a powerful platform with a user-friendly interface that caters to both beginners and advanced traders. While it offers advanced trading features, the platform is designed to be accessible and easy to use.

Value for money

Offers good value for money with competitive fees and a wide range of financial products, making it suitable for both beginners and experienced traders.
Offers good value for money with competitive fees and advanced trading features, suitable for both retail and institutional traders.

Countries of operation

Austria, Germany, Switzerland, France, Spain
Global, including United States, Canada, United Kingdom, Australia, Germany

Best for

Great for European investors looking for a user-friendly platform with a wide range of financial products and competitive fees.
Suitable for experienced traders and institutions looking for advanced trading features and a wide range of cryptocurrencies.

Base currencies available

EUR, CHF, GBP, USD, TRY
USD, EUR, GBP, JPY, BTC, ETH, USDT

Account

Trading

Bitpanda is user-friendly and supports a wide range of cryptocurrencies. It is particularly good for European users, offering easy fiat integration and competitive fees. However, it lacks some advanced trading tools.
Bitfinex is tailored for professional traders with its advanced trading features and high liquidity. It offers a wide range of cryptocurrencies but has had security breaches in the past, making some users cautious.

Deposit and withdrawal

Bitpanda offers a variety of deposit options, including bank transfers, credit/debit cards, and e-wallets. Withdrawals are processed within a day, with competitive fees .
Bitfinex supports a wide range of deposit options, including bank transfers and crypto. Withdrawals are processed quickly, usually within a few hours. Fees are competitive, though high-volume users may benefit more.

Account opening process

Bitpanda offers a seamless and user-friendly account opening process. Users need to provide personal information, verify their identity, and typically, the account is approved within a day.
Bitfinex provides a straightforward and fully digital account registration process. Users need to submit personal details, verify their identity, and address. The process is quick, usually taking less than a day to complete.

KYC required?

Yes
Yes

Customer Service

Bitpanda provides extensive support through email, live chat, and a help center. The response time is quick, and support is available 24/7, making it reliable for users globally.
Bitfinex provides extensive support through email, live chat, and a help center. The response time is quick, and support is available 24/7, ensuring users get timely assistance.

Security

Bitpanda offers comprehensive security measures, including 2FA, encryption, and cold storage. It is regulated by Austrian authorities, ensuring high security for investors.
Bitfinex provides extensive security features, including 2FA, cold storage, and encryption. It is regulated by several financial authorities, making it a secure platform for investors .

Which of these exchanges is for you?

As an expert at Threenvest, I highly recommend Bitpanda for investors seeking a versatile and user-friendly platform, especially those based in Europe. Bitpanda’s broad range of assets from cryptocurrencies to precious metals, combined with its intuitive interface, makes it an excellent choice for both newcomers and seasoned traders. However, do consider the platform’s regional availability and fee structure to ensure it aligns with your investment strategies and geographic location.
As an expert on our website, I recommend Bitfinex for traders seeking a diverse and dynamic trading environment. The platform’s extensive range of cryptocurrencies and crypto-to-crypto trading pairs is impressive, making it a great choice for those looking to explore different trading strategies. While the trading fees and customer service response times could see improvement, Bitfinex’s advanced trading features and robust security measures make it a reliable option for serious traders.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

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