Compare
BF Bitfinex VS BP Bitpanda
Both exchanges offer Spot. The differences below come from our individual reviews of Bitfinex and Bitpanda.
| Bitfinex | Bitpanda | |
|---|---|---|
| Founded | 2012 | 2014 |
| Regions | Blocked for US persons and entities since a 2021 New York Attorney General settlement. Available in most other regions, with licensed derivatives operations in El Salvador; verify local availability before signing up. | Available across the European Economic Area under EU passporting from its Austrian licenses; not built for or targeted at US customers, and unavailable in a number of non-EU markets. |
| Products | Spot, Margin, Peer-to-peer margin funding, Perpetual and dated futures, Securities and OTC block trades | Spot |
| Maker fee | 0% as of a December 2025 platform-wide change; verify this remains current, since fee policy can shift again | Not yet verified |
| Taker fee | 0% as of a December 2025 platform-wide change; verify this remains current, since fee policy can shift again | Not yet verified |
Bitfinex pros
- Eliminated maker and taker fees across spot, margin, derivatives, and OTC trading platform-wide in December 2025, with no volume tiers or token-holding requirements
- Deep order-book liquidity and a mature peer-to-peer margin funding market that lets users lend idle assets directly to traders for yield
- One of the longest continuous operating histories in the industry, dating to 2012, and still functioning after surviving its own major hack
- A meaningful share of the bitcoin stolen in 2016 is now being returned to the exchange following a landmark US Department of Justice forfeiture case
Bitpanda pros
- One account covers crypto, stocks, ETFs, and precious metals, a genuinely different positioning than a crypto-only exchange
- Multiple MiCA licenses issued directly by Austria's FMA, plus prior approvals in Germany and Malta
- Broad, mainstream fiat rail support (SEPA, cards, Apple Pay, PayPal) with fee-free deposits over a low minimum
- Large, long-running user base (7.4 million registered users as of the end of 2025) with over a decade of operating history
This table is generated from the same data behind our individual exchange reviews. See methodology for how it's put together. Fee figures marked "not yet verified" need confirming against live terms before this page is treated as launch-ready.