Bitpanda Business alternative for paying and getting paid
Companies invest cash on Bitpanda Business, where bank money moves only through their own accounts. For payments, Unigox is a Bitpanda Business alternative: EUR, GBP and USD accounts customers pay and suppliers are paid from. Keep Bitpanda to invest.
When to stay with Bitpanda Business
The company invests in crypto, indices or metals
On Bitpanda Business a company trades crypto 24/7 with savings plans and limit orders, buys crypto indices rebalanced with MVIS and physically backed metals held in a Swiss vault, and stakes more than 50 tokens. On the crypto side, Unigox company accounts hold stablecoins only.
You want a return on idle cash
Cash Plus puts idle fiat into money market funds with monthly payouts and no custody fee, up to €10 million and more on request. Stablecoin rewards on USDC or EURCV are advertised at up to 7% a year: 3% fixed, the rest a bonus Bitpanda can change every 14 days. They are not offered in Austria.
Your board wants a counterparty that is MiCA-authorised
Austria's FMA authorised Bitpanda GmbH under MiCA for crypto custody, exchange, order execution and transfers, with passports across the EEA. The group also holds MiFID II, e-money and PSD2 licences.
Bitpanda Business vs Unigox for a company's money
| Topic | Bitpanda Business | Unigox |
|---|---|---|
| What it is | An investment account for companies: crypto, crypto indices, metals, staking, Cash Plus, stablecoin rewards and an OTC trading desk for high-volume deals. | Company accounts in EUR, GBP and USD with stablecoin balances in one Business Portal, swaps from EUR or GBP into stablecoins and back, and OTC deals the Unigox team carries out. |
| Who can pay in, and whom you pay | By bank, only the company itself: deposits and withdrawals use bank accounts in the business's own name. Bitpanda Pay's euro transfer to third-party bank accounts is not open to business accounts. Crypto can go to other regulated platforms under the Travel Rule, with restrictions on sending to business accounts and third-party private wallets. | Your customers pay the company's EUR IBAN or its GBP sort code and account number, and you pay suppliers you have saved as recipients. |
| Which companies can open | Companies registered in a country on Bitpanda's business list: the EU and EEA, Switzerland and a few others. The United Kingdom is not on that list. Bitpanda puts the review at 2 to 4 weeks. | No European registration needed: a company can apply unless its country is excluded by the Unigox Terms of Service or under sanctions, and after KYB Unigox confirms the accounts and payment methods open to it. |
| Stablecoins | Through Earn on Stablecoins, USDC or EURCV can earn weekly rewards (not in Austria); crypto is bought and sold on the broker or on Bitpanda Fusion, and the OTC desk executes large orders. | Stablecoins sit beside the fiat accounts. Portal swaps go both ways with EUR or GBP, and an OTC deal is priced when you ask. |
| Pricing | Published fees:
| No public price list. Your company's pricing plan sets the fees for account services, transfers and swaps, and Unigox confirms it before you commit. |
| Regulation | Bitpanda GmbH is authorised by Austria's FMA under MiCA for crypto services; Bitpanda Payments GmbH holds a PSD2 payment licence and, Bitpanda says, is also an e-money institution, supervised by the FMA. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxRun payments on Unigox and keep investing at Bitpanda
Apply as a company
Open business onboarding from the Unigox business accounts page and send the company's registration papers, its owners, where its money comes from and what the accounts are for. Bitpanda's onboarding file does not carry over to us.
Agree accounts and fees
Owners of 25% or more, directors and signatories verify their identity. Once KYB is approved, we open the EUR, GBP or USD accounts agreed with you and confirm your pricing plan before any payment.
Move the payments, not the portfolio
Send customers your new payment details with the next invoice, and save each supplier as a recipient. Crypto holdings, Cash Plus and staking can stay at Bitpanda.
Bitpanda Business alternatives: questions
What is Bitpanda Business, and when does Unigox suit a company instead?
Bitpanda Business is Bitpanda's account for companies that invest: crypto, indices, metals, staking, Cash Plus and an OTC desk, with no account management fee. Unigox suits a company that needs accounts its customers pay and its suppliers are paid from, with stablecoin swaps.
See business accountsCan Bitpanda Business pay suppliers or take customer money?
Not by bank transfer. Bitpanda's help centre says a business account deposits from and withdraws to bank accounts in the company's own name only, and Bitpanda Pay, its euro transfer to other people's bank accounts, cannot be used with a business account. Crypto can be sent to other regulated exchanges by naming the recipient under the Travel Rule, though Bitpanda notes restrictions on sending to business accounts.
Is Bitpanda Technology Solutions a business account?
No. Bitpanda Technology Solutions was the name of Bitpanda's investing infrastructure for banks and fintechs, now part of Bitpanda Enterprise; a fintech that wants crypto investing in its own app should look there. It is not a company account. A company that wants to give its own customers EUR and GBP accounts in their names can request them from Unigox after its KYB; each holder passes its own check.
See business accountsFor the payments Bitpanda Business cannot make
Tell us what your company pays and receives each month, by currency. We reply with the accounts that fit and a pricing plan, and nothing opens until you agree.
Bitpanda Business and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.