Backpack vs Bitpanda Fusion Comparison
| 0.08/0.10% spot, 0.02/0.05% futures; 0.85% swap | Fees | 0.25 % |
| ~€5.75 | Cost for €1,000 | € 3.00 |
| ~50+ | Cryptos | 100+ |
| Card, bank via Banxa; SEPA limited | Payment Methods | SEPA Instant Transfer, SEPA Transfer, Credit Card, PayPal |
| VARA (Dubai); EU rollout via FTX EU only now | Regulation | MiCA license via BaFin |
Backpack
vs
Bitpanda FusionWinner
Pros & Cons
Pros
- Low maker fees starting at 0.08% and taker fees starting at 0.10%
- Staking is available
- Wallet and exchange in one ecosystem
- VARA license in Dubai
Cons
- Cost transparency is seen as room for improvement – hidden costs occasionally criticized
- Wallet transfer fees are not disclosed
- No savings plan available
- Swap fees of 0.85% occasionally criticized
Pros
- Volume-based maker/taker fees from 0.25% down to 0.02%
- Pro order types: limit, stop-limit, stop-market, take-profit, OCO
- Native TradingView charts with advanced indicators
- Public REST and WebSocket API for algorithmic trading
- Shared account with standard Bitpanda -- no extra onboarding
- Liquidity from 12+ aggregated order books
Cons
- Learning curve compared to the standard Bitpanda app has room for improvement
- Savings plan feature not available on Fusion
- Lowest fee tiers only reachable from high 30-day volume onward
- Asset selection limited to spot pairs -- no precious metals or stocks like on standard Bitpanda
Features
BackpackBitpanda Fusion
| ✓ | Savings plan | ✓ |
| ✓ | Staking | ✓ |
| ✓ | Wallet transfer | ✓ |
| ✓ | Cost transparency | ✓ |
| ✓ | 2FA security | ✓ |
| ✓ | SEPA transfer | ✓ |
| ✓ | Credit card | ✓ |
| ✓ | Minimum amount | ✓ |
| ✓ | Mobile app (iOS/Android) | ✓ |
| ✓ | Web platform | ✓ |
| ✓ | Maker/Taker Model | ✓ |
| ✓ | Order Types | ✓ |
| ✓ | API | ✓ |
| ✓ | Charts | ✓ |
| ✓ | Aggregated Order Books | ✓ |
| ✓ | Savings Plan | ✓ |
| ✓ | Wallet Transfer | ✓ |
| ✓ | 2FA Security | ✓ |
| ✓ | BaFin License | ✓ |
| ✓ | Mobile App | ✓ |
- Maker fees starting at 0.08% are considered low
- VARA license in Dubai
- Wallet and exchange on one platform
- 7-tier maker/taker model from 0.25% down to 0.02%
- Native TradingView charts and pro order types
- Public REST and WebSocket API
- BaFin licensing via the Bitpanda ecosystem
Details
BackpackBitpanda Fusion
| Trek Labs (FTX ties) | Company | Bitpanda GmbH |
| Dubai (VARA) | Headquarters | — |
| 2023 | Founded | 2014 |
| VARA (Dubai); EU rollout via FTX EU only now | Regulation | MiCA license via BaFin |
| Unclear | Minimum Amount | € 1 |
| Yes | KYC | eID, Photo ID |