What does this partnership change for German crypto traders?

Orders can be routed to Deutsche Börse venues when they show the best quotes, while EUR conversions run through the 360T FX platform. That can reduce spread and FX costs, improving all-in execution. The result should be tighter fills, less slippage, and clearer reporting for both retail and institutional users in Germany.

Will BTC and ETH spreads get tighter right away?

Spreads can tighten as routing and FX processes scale and more makers respond to improved flow. Early effects may be modest, then build as liquidity adapts. Monitor average spread, slippage, and fill speed on your own orders over several sessions to see if conditions improve in practice.

How does crypto best execution work here?

Best execution weighs price, costs, speed, and likelihood of completion. Bitpanda aims to compare quotes and send orders to venues with the best price while optimizing EUR FX via 360T. Investors should review execution reports, fee schedules, and conversion rates to confirm better all-in outcomes over time.

What should I track to verify better execution in EUR?

Log the quoted spread at entry, the realized FX rate, any taker or maker fee, and slippage between quote and fill. Compare these in euros over time. If average costs decline and fills become steadier, the partnership is likely delivering practical value for your trading and investing.

Global Market Insights

BTCUSD Today, February 04: Bitpanda–Deutsche Börse Deal Targets Tighter Spreads

ByHuzaifa Zahoor February 4, 2026February 4, 2026

Bitpanda is partnering with Deutsche Börse to push crypto best execution for German clients today. FX conversions will run through the 360T FX platform, and order flow can be sent to Deutsche Börse venues when pricing is best. That can mean tighter spreads and deeper liquidity in euro terms for BTCUSD and ETHUSD. We explain how this could improve fills, reduce slippage, and support price discovery for both retail and institutions in Germany.