One Trading, formerly Bitpanda Pro, is a centralized cryptocurrency exchange established in 2019. One Trading holds a Virtual Assets Service Provider (VASP) licence in Italy with the Italian regulator, Organismo degli Agenti e dei Mediatori (OAM).
What is One Trading?
One Trading, launched in 2019 as Bitpanda Pro and rebranded in June 2023, is a centralized cryptocurrency exchange based in the Netherlands, focusing on professional and institutional traders while maintaining accessibility for retail users. Operating under Bitpanda GmbH, the platform serves over 4 million users across the European Union, with a 24-hour trading volume of approximately $10 million, supporting 60+ cryptocurrencies and 140 trading pairs, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Cardano (ADA), and the Bitpanda Ecosystem Token (BEST). One Trading is fully regulated by the Dutch Central Bank (DNB) as a Virtual Asset Service Provider (VASP) and registered with Italy’s Organismo Agenti e Mediatori (OAM), ensuring compliance with EU MiCA regulations.
The platform offers spot trading with advanced order types (market, limit, stop, iceberg, TWAP), over-the-counter (OTC) trading for large orders, and staking services for passive income on assets like Ethereum and Cardano. Its proprietary trading engine delivers low-latency execution, with 99.9% uptime and 24/7 API access for algorithmic traders. One Trading’s mobile app (iOS and Android) integrates TradingView charts, real-time market data, and portfolio management, earning praise for its sleek interface. Fiat on-ramps support EUR via SEPA, credit cards, and e-wallets like Skrill, with plans to expand to GBP and CHF. The BEST token provides up to 25% trading fee discounts and priority support, enhancing user benefits.
Security is a cornerstone, with One Trading employing cold storage for 95% of funds, 2FA (via authenticator apps), biometric authentication, and regular penetration testing. The platform holds a SOC 2 Type II certification and complies with ISO 27001 standards, with no reported hacks since its inception. However, its focus on the EU market limits availability in the U.S., UK, and sanctioned countries, and some users report high fiat withdrawal fees compared to competitors like Binance. For EU-based traders seeking regulatory compliance and professional tools, One Trading is a strong choice, but its regional focus and higher fees may deter some.
What are the trading fees on One Trading?
One Trading employs a tiered fee structure based on 30-day trading volume. At the base level (below €100,000), spot trading fees are 0.25% for makers and 0.35% for takers, dropping to 0.05% (maker) and 0.10% (taker) for volumes above €50 million. Holding BEST tokens grants up to a 25% fee discount. Crypto deposits are free, but fiat deposits incur fees (e.g., 1.80 EUR for SEPA, 2% for card payments). Withdrawal fees vary (e.g., 0.0005 BTC for Bitcoin, 1.50 EUR for SEPA). Users should check One Trading’s fee schedule for precise rates and VIP tiers.
Does One Trading offer leverage trading?
No, One Trading does not currently offer leverage trading, margin trading, or futures trading. The platform focuses on spot trading and staking, prioritizing regulatory compliance and simplicity over high-risk derivatives. Traders seeking leverage should consider alternatives like Nami Exchange (up to 125x leverage) or BloFin (up to 150x leverage), noting regional restrictions.
Is there a research audit report for One Trading?
One Trading does not publicly disclose comprehensive third-party audit reports or detailed proof-of-reserves data, but it emphasizes robust security with 95% of funds in cold storage and SOC 2 Type II and ISO 27001 certifications. The platform’s regulatory oversight by the Dutch Central Bank and compliance with EU MiCA regulations enhance trust, yet the lack of transparent reserve audits raises concerns compared to exchanges like WOO X or Kinesis Money, which provide reserve dashboards. Users should monitor One Trading’s security page for updates and approach with caution due to limited external validation of reserves.
Is One Trading safe?
While many major CEXes boast stronger firewalls than most governments, history has witnessed numerous instances where exchanges have fallen victim to hacks, resulting in the loss of customer funds. DEXes are generally safer option as you have control over your funds at all times as long as blockchain is up and running. It's all based on contract code so you can clearly look at what's behind the scenes, and how their contracts work.
Does One Trading have customer support?
Almost all exchanges provide customer support, but the quality, speed and continuity of this service varies from time to time depending on the budget conditions of the companies. We recommend that you experience the customer support service provided by the centralized crypto exchange by asking a question to the support section on its website.
