Banxa review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Banxa suits first time buyers who want to pay by card or bank for crypto rather than run their own keys, and it operates as a custodial buy desk under AFM licence MiCA CASP 69940000HAL9ODW3IMO22. The trade-off is cost, with taker fees running 0% to 15% on trades.
Key facts
- Best for
- Card and bank funded crypto purchases for buyers who want custody handled for them.
- Taker fee
- 0% to 15%↗
- Coins listed
- 19↗
- Regulators
- Autoriteit Financiele Markten (AFM), Netherlands Authority for the Financial Markets (AFM)↗
- Fiat deposit methods
- Card, Bank, SEPA, ACH, Apple-pay↗
- Withdrawal fee
- Network fee on Buy transactions only, set at the blockchain gas cost Banxa recently paid on that chain, shown as a line item per transaction↗
- Exchange type
- Cex↗
- Legal entity
- EU Internet Ventures B.V.↗
- Headquarters
- Netherlands↗
- Support channels
- Help-centre, Email↗
- Features
- Custodial
- Official website
- banxa.com
Facts checked September 26, 2026, 5 sources
Apps and profiles
Pros and cons
Pros
- Fiat deposits cover card, bank transfer, SEPA and ACH through card, bank and sepa.
- Regulated in the Netherlands, with the AFM entry recorded as licence MiCA CASP 69940000HAL9ODW3IMO22.
- Help centre and email support through help centre and email.
Cons
- Taker fees run 0% to 15%, a wider spread than bunq's 0.25% to 1.99%.
- Only 19 coins are listed, against Bitpanda's from 650.
- Support runs on help centre and email only, with no phone line or live chat listed.
Who it suits
- First time buyers paying by card, bank transfer, SEPA or ACH through card, bank and sepa.
- European buyers who want a regulated provider, named in Autoriteit Financiele Markten (AFM) and Netherlands Authority for the Financial Markets (AFM).
- Anyone comfortable with custodial storage, as custodial describes, rather than self custody.
Who should look elsewhere
- Bitpanda, for a much longer coin list: from 650 against Banxa's 19.
- bunq, for a tighter taker fee: 0.25% to 1.99% against 0% to 15%.
- ActivTrades, if the lowest trading charge matters most: 0% against 0% to 15%.
How your money is protected
Banxa is named in Autoriteit Financiele Markten (AFM) and Netherlands Authority for the Financial Markets (AFM), and the Dutch register entry for the Netherlands is licence MiCA CASP 69940000HAL9ODW3IMO22. Quote that licence number to check the record against the regulator yourself. A licence tells you which rules the entity operates under and who is accountable, not that any balance is insured.
The company behind it
The operating entity is EU Internet Ventures B.V., registered in the Netherlands, and the same AFM licence MiCA CASP 69940000HAL9ODW3IMO22 sits behind the brand. Support runs through help centre and email, so questions go by email or into the help centre rather than to a phone line. A Netherlands base puts the platform under a euro area regulator.
How Banxa compares
9.4 vs 9.5- 9.4 vs 9.3
9.4 vs 9.2
9.4 vs 9.7ActivTrades has a taker fee of 0%, which beats Banxa's 0% to 15% for frequent trading.
9.4 vs 9.4
9.4 vs 9.6
9.4 vs 9.0
9.4 vs 9.0
9.4 vs 9.0
9.4 vs 9.0
9.4 vs 8.9
9.4 vs 9.0
9.4 vs 8.2
9.4 vs 8.2
9.4 vs 9.7
9.4 vs 9.4
9.4 vs 9.3
9.4 vs 9.2
9.4 vs 9.2
9.4 vs 9.1
9.4 vs 9.0
9.4 vs 8.7
9.4 vs 8.6
Where Banxa is available
- Available
- Australia, Canada, France, Germany, India, Italy, Japan, Mexico, Netherlands, Nigeria, Philippines, Poland, Singapore, South Africa, Spain, Sweden, Turkey, United Arab Emirates, United Kingdom, United States, Vietnam
- Licence in Netherlands
- Autoriteit Financiele Markten (AFM), checked September 26, 2026
- Licence in Netherlands
- Netherlands Authority for the Financial Markets (AFM) (MiCA CASP 69940000HAL9ODW3IMO22), checked September 26, 2026, also valid in Netherlands, Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Greece, Spain, Finland, France, Croatia, Hungary, Ireland, Italy, Iceland, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does Banxa charge to trade?+
Taker fees run 0% to 15% on trades, and the buy crypto group sits at 0.25%. Banxa publishes a spread rather than a single rate, so the amount charged can differ sharply between one transaction and the next. Regular traders should read the rate on the order before confirming it.
Is Banxa regulated?+
Yes. Banxa is listed among Autoriteit Financiele Markten (AFM) and Netherlands Authority for the Financial Markets (AFM), and its Dutch register entry is licence MiCA CASP 69940000HAL9ODW3IMO22. That licence is the concrete thing to check: match the number against the AFM register before depositing. It shows which rules the entity operates under, not that any balance is insured.
How do I fund a Banxa account?+
Fiat deposits run through card, bank and sepa, so a card or a bank transfer is enough to fund a purchase. Because storage is custodial, the coins you buy are held by Banxa rather than by a wallet you control, which makes funding and custody the same decision. A card suits quick purchases, a transfer suits larger ones.
How many coins can I buy?+
The listed selection is 19 coins, and Banxa ranks 137 of 172 brands on this measure. The exchange group sits at 74.5 on the same measure, so the list is short of the field. A holder of several tokens should check the list covers what they own.
Who is Banxa for?+
Banxa suits a first time buyer paying by card or bank, and anyone who wants a regulated custodial provider rather than running their own keys. Its offer score on this site is 2.3. Traders chasing low fees or a long coin list should look at the alternatives instead.
How do I reach Banxa support?+
Support runs on help centre and email: a help centre and email. There is no phone line or live chat in that list, so a stuck transfer is usually raised by email. Keep the licence reference MiCA CASP 69940000HAL9ODW3IMO22 to hand if the issue turns into a formal complaint.
Sources
- esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026
Backs: Headquarters, Legal entity, Licences
“ae_homeMemberState=NL”
- banxa.com checked September 26, 2026
Backs: Exchange type, Features, Regulators
“Seamlessly integrate crypto-fiat exchange, transfer, and compliance solutions”
- banxa.com/coins checked September 26, 2026
Backs: Coins listed, Fiat deposit methods
“Coin pages listing Arbitrum, Avalanche, Bitcoin, Cardano, Chainlink, Cosmos, Dogecoin, Ethereum, Litecoin, Optimism, Polkadot, Polygon, Shiba Inu, Solana, Sui, Tether, Tron, USD Coin, XRP”
- banxa.com/Global-License checked September 26, 2026
Backs: Support channels
“support@banxa.com and https://support.banxa.com/en/support/tickets/new”
- support.banxa.com/en/support/solutions/articles/440024651... checked September 26, 2026
Backs: Taker fee, Withdrawal fee
“BUY Banxa Spread Typical: 2-4% Min: 0% Max: 15%”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Related by the facts
Banxa
Card and bank funded crypto purchases for buyers who want custody handled for them.