Bitpanda Referral Code

What you get, and what it takes

The reward is not a flat sign-up bonus. It rises in steps as your friend's investment grows, and both of you receive the same amount at each step. The exact figures sit inside a chart graphic on Bitpanda's own tell-a-friend page rather than in its text, and read off that chart on 28 August 2026 they are: €15 each once they invest €500, €30 each at €2,000, €60 each at €5,000, and €100 each at €10,000, which is also the ceiling. Bitpanda states that figure as a joint maximum of €200, meaning €100 per person, not €200 per person.

Two conditions decide whether any of this triggers at all. Your friend has to be genuinely new to Bitpanda, and the qualifying purchase has to go through Bitpanda Broker specifically, buying crypto or a Bitpanda Crypto Index. Depositing funds without buying anything does not count, and neither does a purchase routed through Bitpanda Fusion or another part of the platform. Cookies need to be enabled in the browser or app used to follow the link, since that is how Bitpanda attributes the signup. The program is not available to users in the UK.

There is no deadline stated for reaching a tier once signed up, and no separate action needed to collect the reward: Bitpanda credits it to the default fiat wallet automatically once a threshold is crossed. Bitpanda does not publish intermediate breakpoints between the four tiers above, so a friend investing €3,000 sits between the €2,000 and €5,000 rungs rather than on a smooth line between them; check the app for the live figure if the exact number at an in-between amount matters to you.

What Bitpanda actually is

Bitpanda GmbH is an Austrian company, based in Vienna, founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer. Bitpanda's own helpdesk states the business has grown to more than 8 million users and over 700 staff as of 2026, built around a single pitch: one app for crypto, Bitpanda Crypto Indices, stocks, ETFs and precious metals, rather than separate accounts for each.

The FMA, Austria's Financial Market Authority, granted Bitpanda GmbH a crypto-asset service provider authorisation under MiCA, the EU's crypto rulebook, by administrative decision dated 9 April 2025 and published the following day. That licence, confirmed on the FMA's own news page, covers custody and administration of crypto-assets, exchanging crypto for funds and for other crypto-assets, executing and placing orders, and transfer services, and it passports across the European Economic Area. A separate PSD2 payment service provider licence is what lets Bitpanda hold and move fiat balances directly.

That same regulator fined Bitpanda in a case worth knowing before you sign up. On 14 August 2026 the FMA published its first ever final penalty under MiCA, a decision against Bitpanda of €70,000, reported consistently by Coindesk, The Block and Fintelegram among others. The finding was that Bitpanda published a crypto-asset white paper without submitting it to the regulator the required 20 working days beforehand, ran marketing for the asset before that white paper was published, and left mandatory wording and contact details off the marketing material. Bitpanda says it fixed the issues once the FMA raised them and chose a fast, consensual settlement; the case concerned the timing and format of a disclosure rather than any claim that customers lost money. It is still the clearest evidence available that MiCA enforcement in Austria has teeth, and that a MiCA licence is not a guarantee a firm never falls short of it.

What it costs to use

Bitpanda's crypto pricing does not show a separate commission line by default. Checked against Bitpanda's own cost transparency document, version 3.0.0 dated 2 February 2026, the premium is baked directly into the quoted buy and sell price and is set per coin tier: 0.99% for stablecoins and for Bitcoin and Bitpanda's own VSN token, 1.49% for other established crypto assets, and 2.49% for smaller coins under €100 million market cap and for assets in the Bitpanda Spotlight list. Bitpanda Crypto Indices carry their own 1.99% trading fee on both buying and selling, confirmed on the same document.

Margin trading has a separate fee set: 0% to open a position, a daily fee of 0.18% of the borrowed amount charged every four hours, a 0.3% closing fee, and a 1% liquidation fee if a position is force-closed. Staking pays out after Bitpanda deducts a 20% commission from the rewards earned, also confirmed on the same document. Holding Bitpanda's BEST token and activating it in account settings cuts the crypto premium by 25%, according to Bitpanda's own blog post explaining the mechanic, so a Bitcoin trade priced at 0.99% effectively runs closer to 0.74% once the discount is switched on.

Precious metals run on their own premiums, checked on Bitpanda's helpdesk on 28 August 2026: gold costs 0.5% to buy and 1% to sell, silver and platinum both cost 2.5% to buy and 2% to sell, and palladium costs 2.2% to buy and 1.8% to sell, with no separate storage fee. Stocks and ETFs carry no commission, no account fee and no overnight charge, but the bid-ask spread moves with trade size and market conditions rather than sitting at a fixed number.

Funding the account is free for the standard routes. Bitpanda's own payment methods page, checked the same day, lists no fee for SEPA bank transfer or card deposits for verified accounts, only the platform's usual minimum and maximum limits, though your own card issuer can apply its own daily cap, typically around €3,000 for withdrawals back to a card. Crypto withdrawals pass through the network fee only, which Bitpanda says it does not mark up, and a 15% recovery fee applies only in the rare case Bitpanda has to retrieve crypto you sent to the wrong address.

How the referral works, and how to claim it

There is no code to type in. A link carries the whole invitation, and the reward posts to the fiat wallet automatically once your friend's Broker investment crosses a threshold, without either of you filing a claim.

• Get a current Bitpanda referral link from someone who already has an account.
• Sign up for a new Bitpanda account through that link and complete identity verification.
• Buy crypto or a Bitpanda Crypto Index through Bitpanda Broker specifically, starting from €500, since other purchases and other parts of the app do not count.
• Watch the reward land in the default fiat wallet as the investment crosses each tier, up to the combined maximum described above.
• Invest more if you want to move further up the scale together, since the reward is not fixed at the first tier.

Pros, cons, and who this actually suits

Bitpanda's real strength is breadth under one roof and one login: crypto, index products, stocks, ETFs and metals, run by a company with a public MiCA authorisation you can verify on a regulator's own site rather than an offshore claim. Funding by SEPA or card costs nothing extra, and the account itself carries no maintenance fee.

The honest weakness is what that convenience costs. A 0.99% to 2.49% premium buried in the quoted price is not obviously cheaper than a visible commission, it is just less visible, and it applies every time you buy or sell rather than once. Someone trading a mid-cap altcoin at the 1.49% tier pays close to six times what the same trade costs on Bitpanda's own order-book product, covered next. The 20% staking commission is on the high side against other custodial platforms, and the August 2026 MiCA fine, however procedural, shows a firm that has already fallen short of the disclosure rules its own licence rests on once.

Sign up if you want one app for crypto alongside stocks, ETFs or metals, you trade occasionally rather than often, and you are willing to pay a bit more for not having to think about fees on every order. Look elsewhere, or move your crypto trading to Bitpanda Fusion once you are set up, if you trade crypto often and the premium above would add up faster than a published maker or taker rate would; a spot-focused exchange with a transparent fee schedule, such as Kraken, will usually cost less per trade for that specific use case, even though it will not give you stocks or metals in the same account.

How the no fees marketing actually works, and what the premium really costs

Bitpanda's helpdesk states plainly that there is no separate fee charged on crypto trades, and taken narrowly, that is true: there is no line item labelled commission on your receipt. What that claim leaves out is the premium built into the price itself, the 0.99% to 2.49% figures above, which functions exactly like a fee even though nothing on the confirmation screen calls it one. You are shown a price, you accept it, and the premium has already been added on the buy side and subtracted on the sell side before you see either number.

The clearest way to see what that costs is to put it next to Bitpanda's own order-book product. Bitpanda Fusion, the platform's separate trading interface, charges a published, volume-based maker and taker rate rather than a spread: 0.25% at the entry level for trades up to €100,000 in 30-day volume, stepping down to 0.21%, 0.17%, 0.13%, 0.08%, 0.05% and finally 0.02% above €250 million, confirmed on Bitpanda's own fee tier table dated 2 February 2026. It also charges no deposit or withdrawal fee. Buying €500 of a mainstream but non-Bitcoin coin through the default app, at the 1.49% Broker tier, costs roughly €7.45 in premium. The identical trade through Fusion's entry tier costs about €1.25, close to six times less, for the same asset on the same day.

That gap is not a trick, it is the price of the interface. Fusion is a genuine order book: you place a limit or market order, it can sit unfilled if the market moves away from your price, and it looks and behaves like a professional trading screen rather than a one-tap buy button. A referral signup drops a new user into the simple app experience, not Fusion, so unless you go and switch it on deliberately, the premium above is what you will actually pay. If cost matters more to you than convenience, activating Fusion after signup, or stacking the 25% BEST discount on top of the default app if you are not ready to switch, are the two changes worth making before you place a large order.

Bitpanda referral code FAQ