Bitpanda Fusion vs Kraken Pro Comparison
In our overall rating Bitpanda Fusion leads with 4.6 out of 5 points, ahead of Kraken Pro with 4.4. On disclosed fees Bitpanda Fusion is cheaper: 0.25 % instead of 0.8 % trading fee, which means € 2.50 instead of € 8.00 per €1,000 purchase. Kraken Pro has been on the market longer, founded in 2011, while Bitpanda Fusion followed in 2014.
| 0.25 % | Fees | 0.8 % |
| € 2.50 | Minimum cost per €1,000 | € 8.00 |
| not stated | Cryptos | 629 |
| SEPA Instant Transfer, SEPA Transfer, Credit Card, PayPal | Payment Methods | SEPA Instant Transfer, SEPA Transfer, PayPal, Credit Card |
| MiCA license via BaFin | Regulation | - EU: MiCA - USA: CFTC - UK: FCA |
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 A price markup in the spread is not included, because most providers do not publish it.
| € 2.50 | Minimum cost per €1,000 | € 8.00 |
| 0.25 % | Fees | 0.8 % |
| € 2.91 | Wallet transfer | € 1.49 |
| Yes | Cost transparency | Yes |
| € 1 | Minimum Amount | € 5 |
| SEPA Instant Transfer, SEPA Transfer, Credit Card, PayPal | Payment Methods | SEPA Instant Transfer, SEPA Transfer, PayPal, Credit Card |
On disclosed fees you pay €5.50 less at Bitpanda Fusion per €1,000 purchase.
Bitpanda Fusion charges a tiered trading fee in seven levels, based on your trading volume over the last 30 days. Bitpanda lists a single rate per level; the fee table does not distinguish between maker and taker orders.
| 30-day volume (EUR) | Fee |
|---|---|
| Up to 100,000 | 0.25% |
| 100,000 to 500,000 | 0.21% |
| 500,000 to 2,500,000 | 0.17% |
| 2,500,000 to 10,000,000 | 0.13% |
| 10,000,000 to 50,000,000 | 0.08% |
| 50,000,000 to 250,000,000 | 0.05% |
| Over 250,000,000 | 0.02% |
Fee table checked on the Bitpanda website on 1 November 2026, unchanged since 2 October 2026. Bitpanda itself charges no fees for deposits and withdrawals; third-party and currency conversion costs may apply. This comparison does not constitute investment advice.
Kraken Pro uses a maker/taker model with 17 tiers. Since 9 July 2026 the best of three measures applies: 30-day spot volume, 30-day futures volume or your current assets on the platform, such as crypto, cash and staked coins. The tier you reach applies to both spot and futures. Volume on stablecoin and FX pairs, Instant Buy and conversions does not count.
| Tier | 30-day spot volume (USD) | or assets on platform (USD) | Maker | Taker |
|---|---|---|---|---|
| Tier 1 | 0+ | not applicable | 0.40% | 0.80% |
| Tier 2 | 2,500+ | not applicable | 0.30% | 0.60% |
| Tier 3 | 10,000+ | 20,000+ | 0.22% | 0.38% |
| Tier 4 | 25,000+ | 50,000+ | 0.20% | 0.35% |
| Tier 5 | 50,000+ | 100,000+ | 0.15% | 0.30% |
| Tier 6 | 100,000+ | 200,000+ | 0.12% | 0.25% |
| Tier 7 | 250,000+ | 400,000+ | 0.10% | 0.22% |
| Tier 8 | 500,000+ | 600,000+ | 0.08% | 0.20% |
| Tier 9 | 1M+ | 1M+ | 0.06% | 0.18% |
| Tier 10 | 2.5M+ | 2.5M+ | 0.04% | 0.15% |
| Tier 11 | 5M+ | 5M+ | 0.02% | 0.12% |
| Tier 12 | 10M+ | 10M+ | 0.00% | 0.10% |
| Pro 1 to Pro 5 | 50M+ | 20M+ | 0.00% | 0.09% to 0.05% |
Stablecoins, pegged tokens and FX pairs have their own schedule from 0.20% maker and taker. Margin positions also incur opening and rollover fees per pair, for example 0.02% to 0.04% on opening and every four hours. As of 1 November 2026, Kraken fee schedule. This comparison does not constitute investment advice.
Pros & Cons
- Volume-based fees from 0.25% down to 0.02%
- More than 2,000 trading pairs, including against CHF and GBP
- No deposit or withdrawal fees charged by Bitpanda
- Pro order types (limit, stop-limit, stop-market, take-profit limit) and native TradingView charts
- Public REST API and Fusion MCP for automated trading
- Shared account with standard Bitpanda, liquidity from 12+ aggregated order books
- Savings plan feature not available on Fusion
- No margin or leveraged trading through Fusion, only as a separate Bitpanda product
- Below €100,000 in monthly volume you pay 0.25% per trade; the 0.02% tier only applies from €250 million
- Asset selection limited to spot pairs, with no precious metals or stocks like on standard Bitpanda
- Maker/taker fees from 0.40% / 0.80%; since 9 July 2026 your balance also counts towards your tier, with Tier 3 (0.22% / 0.38%) from USD 20,000
- Pro order types: stop-loss, take-profit, trailing stop, iceberg, OCO
- Margin trading up to 5x (selected pairs up to 10x)
- Full-featured API: REST and WebSocket v2 incl. Level 3 order book
- Shared account with standard Kraken, no transfer required
- In the EEA, Bitcoin and Ether options since 26 October 2026, in the same derivatives account as futures
- Learning curve compared to the standard interface has room for improvement
- Margin for EEA customers on fiat pairs only against USD and EUR, funded in USDC and EURC
- Futures and options only via a separate derivatives account, options only after an appropriateness assessment
- Lowest fee tiers only reachable from high 30-day volume onward
- Stablecoin and FX pairs on their own schedule from 0.20%, and their volume does not count towards your tier
Features
| available | Volume Fee Tiers | not specified |
| available | Order Types | not available |
| available | API | not available |
| available | Charts | not available |
| available | Aggregated Order Books | not specified |
| not available | Savings Plan | not specified |
| available | Wallet Transfer | not specified |
| available | 2FA Security | not available |
| available | BaFin License | not specified |
| available | Mobile App | not specified |
| not specified | Maker/Taker Model | not available |
| not specified | Margin Trading | not available |
| not specified | Futures/Derivatives | not available |
| not specified | Mobile App (Pro Mode) | not available |
| not specified | Asset Selection | not available |
| not specified | Cold Storage | not available |
- Tiered fee in 7 steps, from 0.25% down to 0.02%
- More than 2,000 trading pairs from 12+ venues
- Native TradingView charts and pro order types
- Public REST API and Fusion MCP
- MiCA authorisation of Bitpanda GmbH from Austria's FMA, registered with BaFin
- Volume-based fee model from 0.40% maker / 0.80% taker
- Pro order types including iceberg and OCO bracket
- Margin trading with up to 5x leverage across 150+ markets
- API access for REST and WebSocket v2
- MiCA authorisation from the Central Bank of Ireland, valid in 30 EEA countries
- Bitcoin and Ether options for EEA customers since 26 October 2026
Details
| Bitpanda GmbH | Company | Payward Europe Solutions Limited |
| 2014 | Founded | 2011 |
| MiCA license via BaFin | Regulation | - EU: MiCA - USA: CFTC - UK: FCA |
| € 1 | Minimum Amount | € 5 |
| eID, Photo ID | KYC | Photo ID, VideoIdent |
Verdict
In our overall rating Bitpanda Fusion leads with 4.6 against 4.4 for Kraken Pro.
On disclosed fees you pay €5.50 less at Bitpanda Fusion per €1,000 purchase.
For most investors Bitpanda Fusion is therefore the better choice.
Bitpanda Fusion is the pro trading platform within the Bitpanda ecosystem and is aimed at active traders with higher volume. Instead of the flat 0.99% fee on the standard app, a tiered fee applies here that falls in seven steps from 0.25% to 0.02% as your trading volume over the last 30 days grows. Account, verification, and custody are shared with the regular Bitpanda platform, so no separate onboarding is required.
According to Bitpanda, Fusion compares the order books of more than twelve trading venues in real time and offers the best aggregated price. Fusion does not run an order book of its own: every order is executed directly with Bitpanda, which is why Bitpanda describes Fusion as a broker rather than an exchange. The interface integrates TradingView natively and supports market, limit, stop-limit, stop-market, and take-profit limit orders. According to Bitpanda, more than 2,000 trading pairs are available, including against CHF and GBP, and Bitpanda itself charges no deposit or withdrawal fees. For automated trading there is a public REST API and Fusion MCP, a free open-source tool that lets AI assistants place orders on your instruction; the API documentation does not yet list a WebSocket interface. Fusion also runs with its full feature set in the app for iOS and Android. Margin and leveraged trading are not available through Fusion; Bitpanda offers a separate margin product with leverage of up to 10x instead. The learning curve compared to the standard Bitpanda app is occasionally criticized in user comments, as is the absence of the savings plan feature.
Bitpanda Fusion is considered particularly suitable for traders who value low volume-based fees, pro order types, and API access. Those who mainly use savings plans, precious metals, or simple direct purchase are better served on the standard platform. This comparison does not constitute investment advice.
Kraken Pro is the separate trading interface from Kraken (pro.kraken.com and Pro mode in the mobile app) and is aimed at active traders. Unlike the standard platform with flat 1% fees, the maker/taker model applies here, starting at 0.40% maker and 0.80% taker and falling across 17 tiers to 0.00% maker and 0.05% taker. Since 9 July 2026 Kraken sets your tier by the best of three measures: 30-day spot volume, 30-day futures volume or assets on the platform. Anyone holding USD 20,000 at Kraken therefore trades in Tier 3 at 0.22% maker and 0.38% taker even without any turnover. Account, verification, and asset balances are shared between both interfaces.
The order set covers market, limit, stop-loss, take-profit, trailing stop, iceberg orders, and bracket/OCO combinations. Margin trading is offered with up to 5x leverage depending on the pair, with selected assets reaching 10x; for EEA customers, margin on fiat pairs is now limited to USD and EUR and funded in USDC and EURC. EEA customers trade futures and, since 26 October 2026, Bitcoin and Ether options on Kraken Pro from a separate derivatives account using the same wallet; the provider is Cyprus-based Payward Europe Digital Solutions (CY) Limited with a MiFID licence from CySEC, and options require an appropriateness assessment. The crypto services themselves are provided by Payward Europe Solutions Limited, authorised under MiCA by the Central Bank of Ireland since 25 June 2025 and passported to 30 EEA countries (ESMA register, file dated 30 October 2026). Charts, order book, and API access (REST and WebSocket v2) are described in user reviews as sufficient for active strategies; the learning curve compared to the standard interface is occasionally criticized.
Kraken Pro is considered particularly suitable for active traders who value pro order types, lower volume-based fees, and margin features. Those primarily looking for savings plans or simple spot investing will find a more fitting setup on the standard interface. This comparison does not constitute investment advice.