DenmarkDenmark based CASP4.8/5

The Danish crypto platform — built for Danish users

Penning is Denmark's first CASP under MiCA — not EU-passported, but locally licensed by the Danish FSA. DKK in and out with no FX fee. MitID onboarding. Accounting-ready statements on every trade. 190+ assets. Full custody — you own your crypto.

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In numbers

190+ assets, 28+ networks, Danish license — one account, one regulator.

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Assets

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Networks

MiCA #1

Danish CASP license

5 min

MitID onboarding

Why a Danish platform

What makes a Danish CASP different from a generic CEX

  • Local MiCA license, not EU-passport

    Many foreign CEXs operate in Denmark on an EU passport — Penning holds a Danish CASP license directly from the Danish FSA (Finanstilsynet). Local supervision. Complaints handled in Danish. Same protections as a Danish bank.

  • DKK in, DKK out — no FX spread

    Transfer DKK from your Danish bank, receive DKK back on sale. No hidden FX spread, no card fees, no intermediaries skimming on the way out.

  • MitID onboarding in 5 minutes

    KYC via MitID — the same login you use for SKAT and Borger.dk. Account ready same day, first trade typically within 24 hours of the DKK transfer landing.

  • Accounting-ready statements on every trade

    Every trade comes with a receipt that drops straight into your bookkeeping or tax filing. SKAT export built in — no third-party tax software required.

  • Full custody — you own the crypto

    Penning settles directly on the underlying blockchain. You can withdraw to your own wallet at any time. No wrapped tokens, no IOUs, no "we hold it for you" middle layer.

  • Danish support, in Danish

    If something is unclear, you'll speak with Danes — not a chatbot or a foreign call center. Monday to Friday, Danish business hours.

Comparison

Penning vs. a typical foreign CEX

Each row compares the day-to-day outcome — not marketing copy. If your answer depends on "it depends," you've probably already lost time or money.

Penning (Danish CASP)
Typical foreign CEX
Regulation
Danish CASP license from the Danish FSA under MiCA
EU passport from home regulator — or offshore
DKK deposit
Direct bank transfer in DKK, no FX spread
Card or third-party conversion, embedded spread
KYC
MitID — typically under 5 minutes
Manual ID upload, often 24–72 hours
Custody
Segregated EU custody, native settlement
Pooled custody, sometimes wrapped tokens
Complaints
Danish FSA and Danish complaints board
Home regulator, often in a foreign language
Tax
SKAT export built in, accounting-ready statements
Manual CSV exports, often requires third-party software
Support language
Danish and English, Monday–Friday
English or the home country's language
Fee transparency
2% flat — no hidden spreads
Maker/taker + FX spread + withdrawal fee
Our ecosystem

Supported networks

Trade and invest across 30+ networks

ArbitrumHarmonyGMXHedera HashgraphPolygonTHORChainXRPBitcoin CashAvalancheBitcoinEthereum ClassicAlgorandWavesTezosTRONEthereumCosmosNEAR ProtocolPolkadotCardanoKusamaStellarMinaSolanaLitecoinFilecoinDogecoinBinance Smart ChainBNB

Regulated at home. Secured by MiCA.

As Denmark's first CASP under MiCA, Penning is under direct supervision of the Danish FSA. Client crypto sits in segregated EU custody — separated from Penning's own assets. DKK + EUR are held with regulated Danish counterparties.

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

App or website

Penning works fully in the browser — no required app install. Mobile-optimised throughout. If you prefer an app, Penning is a progressive web app you can install from Safari or Chrome with one tap.

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

01/05

The Danish crypto platform — frequently asked questions

FAQ

A MiCA CASP licensed in Denmark (Penning) is under direct supervision of the Danish FSA — complaints, oversight, and reporting are all local. Foreign CEXs operate in Denmark on an EU passport from their home regulator, which means longer complaint chains and foreign jurisdiction. For Danish users, a Danish CASP is the simpler and more predictable choice.

Ready to try a Danish crypto platform?

Open a free Penning account. MiCA-licensed in Denmark, MitID onboarding, DKK in and out with no FX fee.