Kraken vs Bitpanda: global exchange vs the EU specialist
Kraken serves nearly every market with tighter fees. Bitpanda is built for the EU specifically — EUR-native, SEPA-first, and licensed under MiCA. Which wins depends entirely on where you bank.
Kraken★★★★★
BEST ON FEES
0.25%/0.40% Pro fees, 14 years without losing customer funds, available in most EU countries too.
Visit Kraken →
BP
Bitpanda★★★★☆
BEST FOR EU/SEPA
Full MiCA license via Austria's FMA, instant free SEPA, stocks and ETFs in the same app.
Visit Bitpanda →
Side by side
Fees verified JUL 2026 — confirm before buying. BTC {{ price }}
OUR VERDICT
Pick Kraken if lowest fees and Lightning support matter most and you don't mind a Pro-trader-oriented UI. Pick Bitpanda if you want a single EUR-native app for bitcoin, stocks, and ETFs with a MiCA license from a home-market regulator.
Common questions
Are both regulated under MiCA?
Yes — both hold MiCA CASP licenses, passported across the EU. Kraken operates through its Ireland entity; Bitpanda through Austria's FMA.
Which is cheaper for a small EUR buy?
Kraken, usually by a wide margin — its 0.25–0.40% fee tier beats Bitpanda's 1.5–3% spread on most order sizes.