21bitcoin vs Traders Place Comparison
In our overall rating 21bitcoin leads with 4.0 out of 5 points, ahead of Traders Place with 2.7. On disclosed fees Traders Place is cheaper: € 9.00 instead of € 12.90 per €1,000 purchase. If you care most about usability, features, stability, and support, 21bitcoin has the better sub-scores. Traders Place lists more cryptocurrencies (59) than 21bitcoin (1).
| 1.29 to 1.49 % | Fees | 0.9 % |
| € 12.90 | Minimum cost per €1,000 | € 9.00 |
| 1 | Cryptos | 59 |
| SEPA Instant Transfer, SEPA Transfer | Payment Methods | SEPA Transfer |
| MiCAR authorisation of FIOR Digital GmbH as a crypto-asset service provider from the Austrian FMA since 27 November 2025 | Regulation | Crypto custodian Tangany GmbH has a BaFin license. |
Cost comparison
The basis is a Bitcoin purchase worth €1,000, calculated from the disclosed trading fee. A price markup in the spread is not included, because most providers do not publish it.
| € 12.90 | Minimum cost per €1,000 | € 9.00 |
| 1.29 to 1.49 % | Fees | 0.9 % |
| 1,000 sats | Wallet transfer | – |
| Yes | Cost transparency | Limited |
| € 10 | Minimum Amount | € 1 |
| SEPA Instant Transfer, SEPA Transfer | Payment Methods | SEPA Transfer |
On disclosed fees you pay €3.90 less at Traders Place per €1,000 purchase.
Not enough reviews available.
Traders Place charges a fixed percentage of the trade value for crypto, with a surcharge on small orders. The securities account and settlement account are free. The items at a glance:
| Item | Cost at Traders Place |
|---|---|
| Buying or selling crypto assets | 0.9 % of the trade value (0.5 % Traders Place, 0.4 % Baader Bank) |
| Crypto order below €500 trade value | additional €1.00 small-order surcharge |
| Savings plan on crypto ETPs (13 ETPs from 21Shares) | €0 per execution, plus customary market spreads |
| Stocks, ETFs, funds and bonds via gettex | €0 per order from €500 trade value, €0.95 below |
| Securities account and settlement account at Baader Bank | free |
| Transferring crypto assets in or out | not possible |
How to save: The €1 surcharge only applies below €500 trade value. A €100 purchase therefore costs €1.90, or 1.9 %, while a €1,000 purchase costs €9. If you want to put small amounts into crypto regularly, a savings plan on a crypto ETP carries no order fee.
Fees as of 1 November 2026 according to the Traders Place crypto price list.
Pros & Cons
- 0% service fee in the savings plan from day 8 onwards, with purchases hourly, daily, weekly, every two weeks or monthly
- Instant purchases at a 1.49% service fee, 1.29% with a referral code, with no ongoing account charges
- Euro deposits, account management and Bitcoin custody cost €0, deposits also via SEPA instant transfer
- Limit orders at a target price and variable interest of 1.21% p.a. on the euro balance, paid in Bitcoin on request
- Withdrawals to your own wallet at a flat fee of 0.00001 BTC, automatically once a set balance is reached if you wish
- MiCAR authorisation from Austria’s FMA for FIOR Digital GmbH, decision of 27 November 2025; cold-wallet custody via BitGo Europe GmbH, which holds a MiCAR authorisation from BaFin
- Bitcoin only, the lack of altcoins is criticised by some users
- The 0% in the savings plan only applies from day 8; the first seven days cost 0.99% (0.79% with a referral code)
- Limit orders and instant sales cost 1.49%, a euro withdrawal €1
- Two-factor authentication needs work, according to users
- The €10 minimum order is higher than at some competitors
- 59 cryptocurrencies available to trade, around the clock
- Savings plans from €1 with no order fee, for crypto via 13 crypto ETPs from 21Shares
- Crypto custodian Tangany GmbH with a MiCA licence from BaFin
- Securities account and settlement account at Baader Bank free of charge
- App available for iOS, Android, and web
- German investment firm based in Freilassing, majority owned by the GRAWE Group
- Wallet transfer to your own wallets not possible, the price list rules out moving coins in or out
- No staking on offer
- No savings plans directly on the 59 crypto assets, only on crypto ETPs
- Crypto trading only for customers resident in Germany
- Deposits only via SEPA transfer, additional payment methods would help
- 2FA security based on SMS, expanded options would help
Score Comparison
User Experiences
AI AnalysisUser reviews paint a broadly positive picture of 21bitcoin. What owners value most is the clean, intuitive app and how easy it is to use, while individual voices see room for improvement on fees and on the feature set.
According to reviews, Traders Place is generally described as clear and, in many cases, easy to use. At the same time, users repeatedly report difficulties with the app and login, which means the overall impression from a user perspective is mixed.
Provider details (fees, licences, pros and cons) editorially reviewed: November 2026. This analysis is based on 608 user reviews analysed by AI from the Apple App Store, Trustpilot and the Google Play Store. The total number of reviews on each platform may be higher, the platform ratings (star ratings) shown refer to all reviews available there. The ratings displayed reflect users' experiences and do not represent the site operator's own assessment. All information without guarantee. As of: March 2026. This comparison does not constitute investment advice.
Features
| available | Savings plan | available |
| not available | Staking | not available |
| available | Wallet transfer | not available |
| available | Automatic wallet transfer | not specified |
| not available | Credit card payment | not available |
| available | FMA regulation (Austria) | not specified |
| not available | Web platform | available |
| available | Mobile app (iOS/Android) | available |
| available | SEPA instant transfer | not specified |
| not specified | BaFin-regulated custodian | available |
| not specified | Stocks & ETFs | available |
| not specified | SEPA transfer | available |
- Automatic transfer to your own wallet above set amounts
- FMA-regulated and based in Austria
- Service fee of 1.49% on instant purchases, 1.29% with a referral code, 0% in the savings plan from day 8
- Deposits via SEPA and SEPA instant transfer
- Limit orders and 1.21% p.a. interest on the euro balance
- German broker with BaFin-licensed crypto custodian Tangany
- Savings plans from €1 for a low-threshold entry
- 59 tradable cryptocurrencies
- Trading fees of 0.9 % for crypto
The five areas head to head
AI AnalysisFees & Costs
On fees and costs the picture is mixed. Users describe the pricing as fair, though some point to costs they consider high. A few also note that the tax side has to be organised by the user, and that the resulting tax burden feels heavy.
According to reviews, users generally view the fees and conditions positively. Users report fair prices and good conditions. Overall, the available user data contains mostly praise, while major criticism of fees is not a focal point.
Usability & User Experience
Reviewers frequently describe the app as intuitive, uncluttered and self-explanatory, and ease of use is the single most praised aspect. A few users report problems getting into their account, but overall usability comes across positively.
Users appreciate the clear layout and describe the app in many reviews as easy to use. However, according to reviews, the user navigation is also often perceived as not intuitive or somewhat confusing in places. Some users also report that registration and login do not always work smoothly, so from a user perspective the usability still has room for improvement.
Features & Offering
The savings plan is the feature users appreciate most. At the same time they ask for more in several places: additional coins, more savings-plan options, price notifications and a wallet inside the account. Limit orders and weekly savings plans, which some reviews ask for, are now part of the offer according to 21bitcoin.
Users are mainly looking for a tax-loss certificate in the app, two-factor authentication, and more filtering and sorting options. In addition, the lack of push notifications and a watchlist as a tab are mentioned. Some users also want movable logos and small improvements.
Stability & Security
On stability and reliability, users mostly report trouble-free day-to-day use and describe the app as dependable. Access issues come up occasionally and are the one area some users would like to see improved.
According to reviews, some users describe Traders Place as reliable. At the same time, users repeatedly report that the app freezes, hangs, or crashes; incorrect prices and interrupted VideoIdent processes are also mentioned. Stability is therefore perceived in a mixed way from a user perspective.
Customer Support
Support is frequently described as fast, with users reporting prompt replies. Individual contact channels are occasionally seen as having room for improvement.
Users sometimes report fast support, which is explicitly praised in some reviews. At the same time, according to reviews, it is mentioned more often that responses do not arrive or inquiries are not answered. Support is therefore perceived differently overall from a user perspective.
Details
| FIOR Digital GmbH | Company | Traders Place GmbH & Co. KGaA |
| 2021 | Founded | 2023 |
| MiCAR authorisation of FIOR Digital GmbH as a crypto-asset service provider from the Austrian FMA since 27 November 2025 | Regulation | Crypto custodian Tangany GmbH has a BaFin license. |
| € 10 | Minimum Amount | € 1 |
| Photo ID | KYC | eID, Video-ID |
Verdict
In our overall rating 21bitcoin leads with 4.0 against 2.7 for Traders Place.
On disclosed fees you pay €3.90 less at Traders Place per €1,000 purchase.
For most investors 21bitcoin is therefore the better choice.
21bitcoin has established itself as an Austrian Bitcoin app across German-speaking Europe and deals exclusively in Bitcoin. On instant purchases the provider charges a service fee of 1.49%, or 1.29% with a referral code; limit orders and instant sales cost 1.49%, and OTC orders from €100,000 cost 0.49% to 0.99%. In the savings plan no service fee applies from day 8 onwards, while the first seven days cost 0.99%. According to 21bitcoin, euro deposits, account management and Bitcoin custody are free of charge; a euro withdrawal costs €1.
Austria’s Financial Market Authority (FMA) granted FIOR Digital GmbH authorisation as a crypto-asset service provider under Article 63 of the EU’s MiCAR regulation by decision of 27 November 2025, so a clearly identifiable European supervisor stands behind the app. Customer Bitcoin is kept separate from the company’s own holdings; the cold-wallet keys are held by BitGo Europe GmbH, which itself holds a MiCAR authorisation from BaFin.
The savings-plan approach is refreshingly uncomplicated: purchases run hourly, daily, weekly, every two weeks or monthly from the euro balance, and the flat wallet-transfer fee of 0.00001 BTC is widely seen as fair. Users single out the automatic transfer to a personal wallet above defined thresholds as a genuinely useful security feature. 21bitcoin now also offers limit orders at a target price and variable interest of 1.21% p.a. on the euro balance; the interest is granted by Volksbank Raiffeisenbank Bayern Mitte eG, and 21bitcoin converts it into Bitcoin free of charge on request.
Because Bitcoin is the only asset on offer, 21bitcoin is not aimed at investors who want a broad crypto portfolio, a limitation some users do point out. Two-factor authentication in the app and the €10 minimum order are also seen as leaving room for improvement. That makes 21bitcoin a good fit for Bitcoin-focused investors in German-speaking Europe who save regularly and care about automatic wallet transfers and Austrian regulation.
Traders Place is a comparatively young German broker (founded in 2023) that offers 59 cryptocurrencies in addition to stocks and ETFs. Crypto custody is handled by Tangany GmbH, which is licensed by BaFin and is regarded as regulatorily reliable in the DACH region. Savings plans start at €1 with no order fee, but for crypto they only cover 13 crypto ETPs from 21Shares, not the crypto assets themselves.
How crypto trading works: Traders Place takes the order and passes it to Baader Bank, which buys or sells as a commission agent via Hyphe, currently the only trading venue. The coins are held in custody by Tangany GmbH. All three parties appear in ESMA's MiCA register: Tangany with its own BaFin licence for custody and transfers since 8 August 2025, Traders Place (since 21 July 2025) and Baader Bank with a MiCA notification to BaFin. Trading runs around the clock, and the execution price can differ from the displayed price when markets move sharply. Crypto trading is only open to customers resident in Germany; the majority owner of Traders Place is the Austrian GRAWE Group.
For investors who prefer a German broker based in Germany and want to use crypto as a supplement to a classic securities account, Traders Place is seen as one of the newer alternatives. The platform can be used via app and web and covers a solid range of cryptocurrencies with 59 coins. Trading fees of 0.9 % of the trade value, plus €1 below €500, are in the middle to upper range among the compared German brokers.
However, wallet transfers to your own wallets are not possible, and staking is currently not offered; both are occasionally criticized by users. The SMS-based 2FA and the limited deposit methods (SEPA transfer only) are also seen as room for improvement. Traders Place is therefore especially suitable for investors who want to try a young German broker with regulated custody and a broad coin offering and can do without wallet functionality.