Denmark based CASP4.8/5Penning vs Firi — the MiCA-licensed Danish alternative
Firi is a Nordic crypto exchange founded in Oslo in 2017 — one of the largest in Norway, also serving Danish customers. Danish customers comparing Firi usually weigh three things: asset selection (Firi lists a deliberately small, curated range), product depth beyond spot buying, and where the platform is headquartered and supervised. Penning is the Denmark-headquartered comparison: Danish FSA-licensed under MiCA, DKK rails, and a broader product surface.
Penning vs Firi — feature by feature
Firi is based in Norway. The comparison below reflects published information about each platform's product offering.
| Penning | Firi | |
|---|---|---|
| Licensing | CASP (Danish FSA, FTID 10902), MiCA across the EU | Nordic entities; check the current MiCA/CASP authorisation in the ESMA register |
| Headquarters | Copenhagen, Denmark | Oslo, Norway |
| Tokens supported | 190+ supported assets | A curated list of roughly 40 assets (per Firi’s site) |
| Fiat rails | DKK + EUR via Danish bank / SEPA | NOK and DKK for Nordic customers |
| Native cross-chain swap | Native Swap — settles in the destination asset on 30+ chains | Not offered |
| Portfolio management | Actively-managed Penning Invest strategies, FSA-supervised | Recurring buys / savings features; no actively-managed strategies |
| Broker desk / OTC | Named broker desk + OTC block trades | OTC offered for larger volumes |
| Tax documentation | SKAT-ready export — gains and losses calculated per trade | Annual statements; scope varies by market |
Who Penning is a good fit for
Penning fits if you want a Denmark-headquartered CASP with DKK in and out, 190+ assets, cross-chain Native Swap and the option of actively-managed strategies. Firi remains a solid Nordic choice for a simple, curated buying experience — particularly for Norwegian customers.
Other comparisons
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