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Denmark based
4.8/5

The go-to regulated platform to trade, swap and invest in crypto

Penning’s right of existence is to take crypto from what it should be.
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One platform, two powerful paths to grow your digital wealth with full custody

Choose the route that matches your goals: place high-liquidity trades on your own terms, or delegate to strategy-driven portfolios managed by our in-house desk.

Whether you’re looking to on/off ramp your crypto from fiat or vice versa, or swapping between crypto-crypto, or simply want to put your capital to work we got you covered.
Our products
Trade
Place market or OTC orders with deep liquidity and same-day settlement.
Trade now
How it works
Invest
Strategy-driven portfolios from €5,000. Let our desk manage the moves.
Apply to invest
How it works
Coming in Q4
Swap
Cross-chain and token swaps with optimal price execution and full custody control.
Join waitlist
How it works

Broker/
trade desk

Trade on your terms with deep liquidity and transparent fees.
Trade & Swap
Only 2 % flat fee, no hidden costs
Deep liquidity pools
Bespoke transactions
Book-keeping ready receipts

Portfolio
management

Grow your capital with strategy-driven portfolios, no hidden costs.
Invest
Start from €5,000
No ongoing costs
No management fee
Only 24hr lock period

Open your free Penning account in minutes

Trade, swap & invest on an EU-regulated platform with no monthly fees.
Get started with Penning
Our packages

Investment Packages

Choose the strategy that fits your risk appetite — or talk to us, if you're an institutional investor.
Sign-up to invest
€5,000
Min.Invest.
24 hours
Lock-in term
30%
Deposit < €50k
Performance fees
15%
Deposit > €50k
Performance fees
Save
Conservative portfolio focused on capital preservation and steady yield.
~APR
Approximate Annual Percentage Rate — the expected yearly return based on current performance data.
5%
~Drawdown
Represents the potential decrease from a peak to a trough during trading activity.
0%–2%
Risk level
Indicates the estimated level of investment risk associated with this strategy.
Very Low
Profit potential
Shows the likelihood of achieving higher returns relative to the assumed risk.
Very Low
View strategy
Grow
Balanced portfolio seeking long-term growth with controlled risk.
~APR
Approximate Annual Percentage Rate — the expected yearly return based on current performance data.
20%
~Drawdown
Represents the potential decrease from a peak to a trough during trading activity.
10%–30%
Risk level
Indicates the estimated level of investment risk associated with this strategy.
Low
Profit potential
Shows the likelihood of achieving higher returns relative to the assumed risk.
Medium
View strategy
Trade
Actively managed strategies aiming for higher returns.
~APR
Approximate Annual Percentage Rate — the expected yearly return based on current performance data.
40%
~Drawdown
Represents the potential decrease from a peak to a trough during trading activity.
10%–60%
Risk level
Indicates the estimated level of investment risk associated with this strategy.
Medium
Profit potential
Shows the likelihood of achieving higher returns relative to the assumed risk.
High
View strategy
Low-risk savings strategy
What this strategy does
New asset classes bring new  opportunities. Leveraging the technology of the crypto market, innovative savings products can be developed that maintain traditionally low-risk levels while offering higher, next-gen profit potential.

Penning Save offers safe, transparent and low-risk savings products for the risk averseinvestor that still wants to leverage the new technology the crypto market brings, and thus giving the potential for higher returns.

The majority of the investments done in Penning Save offer full capital protection, meaning the only risk we take on is the counterparty risk, which in this case is the worlds second largest crypto exchange.
~APR
Approximate Annual Percentage Rate — the expected yearly return based on current performance data.
5%
~Drawdown
Represents the potential decrease from a peak to a trough during trading activity.
0%–2%
Risk level
Indicates the estimated level of investment risk associated with this strategy.
Very Low
Profit potential
Shows the likelihood of achieving higher returns relative to the assumed risk.
Very Low
How investing works
Apply to invest
Mid-risk growth strategy
What this strategy does
If you have confidence in the leading cryptocurrencies and seek an investment strategy that grows alongside the market, Penning Grow is the ideal solution.

Penning Grow primarily allocates funds to Bitcoin and Ethereum, strategically increasing holdings during market downturns to optimize entry prices.

Simultaneously, it takes incremental profits as values rise, ensuring that potential gains are maximized.

This approach offers a systematic and sophisticated alternative to the traditional buy-and-hold strategy while preserving the benefits of value appreciation in alignment with the underlying assets' growth.
~APR
Approximate Annual Percentage Rate — the expected yearly return based on current performance data.
20%
~Drawdown
Represents the potential decrease from a peak to a trough during trading activity.
10%–30%
Risk level
Indicates the estimated level of investment risk associated with this strategy.
Low
Profit potential
Shows the likelihood of achieving higher returns relative to the assumed risk.
Medium
How investing works
Apply to invest
Risk managed trading strategy
What this strategy does
Years of research and development have led to the creation of one of the most efficient and sophisticated algorithmic trading portfolios in the world.

Penning Trade utilizes 4 to 10 distinct algorithmic trading strategies within the crypto derivatives market. With short investment horizons and the flexibility to take both long and short positions, the portfolio maintains a market-neutral stance, leveraging cryptocurrency volatility through a quantitative approach.

This product falls on the higher end of Penning’s risk spectrum due to the inherent nature of shorter investment timeframes, which can lead to faster outcomes—whether positive or negative.
~APR
Approximate Annual Percentage Rate — the expected yearly return based on current performance data.
40%
~Drawdown
Represents the potential decrease from a peak to a trough during trading activity.
10%–60%
Risk level
Indicates the estimated level of investment risk associated with this strategy.
Very Low
Profit potential
Shows the likelihood of achieving higher returns relative to the assumed risk.
Very Low
How investing works
Apply to invest
Our ecosystem

Supported networks

Trade and invest across 30+ networks

Supported tokens

Trade & invest across 190+ tokens on 28+ networks — need a specific asset or size? We’ll source it via a custom mandate.
See all tokens
Bitcoin
BTC
Learn more
Litecoin
LTC
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Atom
ATOM
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Ethereum
ETH
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Cardano
ADA
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Polkadot
DOT
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Solana
SOL
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Tron
TRX
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Tezos
XTZ
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Ripple
XRP
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Chainlink
LINK
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Dogecoin
DOGE
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USD Coin
USDC
Learn more
NEAR
NEAR
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Bitcoin Cash
BCH
Learn more
PayPal USD
PUSD
Learn more
Algorand
ALGO
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Arbitrum
ARB
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Aryze eEUR
EEUR
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Eth Classic
ETC
Learn more
Immutable X
IMX
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Avalanche
AVAX
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Kusama
KSM
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Loopring
LRC
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Multichain
MULTI
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Curve DAO
CRV
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Yearn finance
YFI
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Synapse
SYN
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Maker
MKR
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API3
API3
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Aave
AAVE
Learn more
SushiSwap
SUSHI
Learn more
Band
BAND
Learn more
Compound
COMP
Learn more
Synthetix
SNX
Learn more
Pyth
PYTH
Learn more

Chat with us

Have questions about large orders or onboarding? Our desk replies in minutes.
Open live chat
What clients are saying

Testimonials

See all on Trustpilot
Excellent support and an easy-to-use platform! The phone is always answered quickly, or they call back shortly after if you have any questions. Just a few hours from fiat in your traditional bank to crypto in your own wallet.
Ulrik Bruhn
October 21, 2025
The team behind Penning has many years of experience in the industry, and it clearly shows in their innovative trading platform. It’s user-friendly, highly secure, and easy to navigate. I can highly recommend them for crypto trading.
Nicki Bech-Bjørnes
November 2, 2024
I exchanged crypto for Danish kroner, and the process went very smoothly with Penning. Super fast service – it took no more than 30 minutes from placing the order to receiving confirmation of payout. After that, it took about a day on average for the DKK to appear in my Danish bank account.
Philip Jefting
November 1, 2024
Fantastic experience using Penning. Great help from Jimmie regarding the bank transfer. I’ll definitely keep using Penning going forward – both for crypto in and out!!!
Bjarne
August 30, 2025
I’ve used Penning several times. Excellent service, fast execution, and it’s great to have Danish-speaking staff on support. Everything runs smoothly and professionally. A huge recommendation from me.
Morten Jacobsen
February 5, 2025
01/10

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EU-regulated platform built for confidence.
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2720 - Vanloese, Copenhagen, Denmark
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© 2025 Penning Group ApS.  All rights reserved.
Trustpilot
Penning Financial Services ApS is registered with the Danish Financial Supervisory Authority as a 'virtual assets service provider' under FTID 17545. Penning Financial Services ApS (DK44645971) and Penning A/S (DK42312428) are part of Penning Group ApS (DK42310352), all companies registered and incorporated in Denmark. Hereinafter collectively referred to as 'Penning'. Penning does not provide any investment advice or recommendations of any kind, including whether to buy or sell any security or other assets. Penning cannot be held responsible for any costs, taxes, or other losses resulting from purchases of any assets, including but not limited to non-compliance with laws and restrictions in the customer's jurisdiction.