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Exchanges / Bitpanda
RIGOR REPORT · EDITION 0 · VERIFIED 7 OCT 2026

Is Bitpanda safe?

MiCA authorized Evidence 70%Provisional: evidence below 80%

n/aScore withheld until the missing facts are verified
Key facts

What the sources say

MiCAAuthorizedBitpanda GmbH (per Bitpanda blog footer); Bitpanda Asset Management GmbH also listed on AMF CASP white list as BaFin MiCA licence holder · BaFin (Germany) · 2025-01-27 (date of Bitpanda announcement; exact authorisation date not verified)
Italian residentsYesRegistry check pending
Proof of reservesNot verifiedKPMG (2022 report) · 2022-11-18
Spot fees (base tier)Not verifiedmaker / taker
Score breakdown

Where the points come from

Regulation25 / 25
MiCA authorization found in the ESMA interim register or a national regulator list
Transparencynot scored
Proof of reserves published: not verified (unscored)
Security record20 / 20
No incident found in our search of the last five years (not an exhaustive guarantee)
Compliance record21 / 25
1 regulator or court action(s) in the window; reports from press only are shown but not scored
Costsnot scored
Spot taker fee not verified (unscored)
Track record

Incidents and regulator actions

Security incidents

  • No incident found in our search of the last five years.

Regulator and court actions

  • 2026-08-14 Austrian FMA: EUR 70,000 fine on Bitpanda GmbH for MiCAR breaches: white paper not submitted 20 working days before publication, marketing communication issued before white paper publication, and missing mandatory statements/contact details in marketing communication. Outcome: Penal order final (accelerated procedure). FMA page updated 2026-10-01: review of legality of the publication started at Bitpanda's request. Official source Smaller fine, settlement or restriction source
Limits

What we could not verify

Not verified: ESMA register entry and exact MiCA dates/entities; current OAM status; fees; products; any hack history (none found in searches, not proven absent); recent proof of reserves.

Facts are as of 7 Oct 2026. Searches are not exhaustive. If something here is wrong or out of date, send a correction with a source: corrections policy. Education only, not investment advice.

Sources

  1. [1] Bitpanda secures MiCAR licence accessed 2026-10-07
  2. [2] Bitpanda registers as VASP with OAM Italy accessed 2026-10-07
  3. [3] FMA announcement on Bitpanda GmbH fine accessed 2026-10-07
  4. [4] Crowdfund Insider: KPMG report on Bitpanda accessed 2026-10-07
  5. [5] AMF CASP white list: Bitpanda Asset Management GmbH accessed 2026-10-07
Questions

Common questions about Bitpanda

Is Bitpanda safe?

We do not give a yes or no, because safety depends on what you need to protect and on facts that change. In our Edition 0 audit Bitpanda scored provisional: evidence coverage is 70%, below the 80% needed to publish a rank. We found 0 security incidents in the last five years and 1 regulator or court action that was not dismissed. Read the sources on this page before you deposit.

Does Bitpanda publish proof of reserves?

We could not verify it. Compare all exchanges: proof of reserves compared.

Is Bitpanda authorized under MiCA?

Yes. Authorized by BaFin (Germany) on 2025-01-27 (date of Bitpanda announcement; exact authorisation date not verified). Entity: Bitpanda GmbH (per Bitpanda blog footer); Bitpanda Asset Management GmbH also listed on AMF CASP white list as BaFin MiCA licence holder. See all exchanges: MiCA authorized exchanges.

What are Bitpanda's spot trading fees?

We could not verify the published fee table.

Can Italian residents use Bitpanda?

Accepts Italian residents: Yes. The registry check is pending.