Denmark based CASP4.8/5Sell crypto in Denmark — kroner straight to your bank
Reg. FTID 10902MiCA-regulatedNon-custodial — your own wallet
Selling crypto is where your counterparty really matters: the money has to land in your bank account, and the paperwork has to hold up with the Danish tax authority. Penning settles in DKK or EUR via Danish banking — no FX detours — and every trade comes with an accounting-ready record.
Estimate what you’ll receive
Live price: DKK 418,070+1.28%
You’ll receive (est.)
DKK 409,709
Market value DKK 418,070 · less 2% fee · ≈ €54,808
Indicative estimate. Excludes network fees; the exact price is confirmed before you sell. Not tax or investment advice.
In short
In short
You can sell Bitcoin and 190+ other crypto assets on Penning, one of Denmark’s first MiCA-licensed crypto platforms, and cash out the proceeds in DKK or EUR to your bank. The fee is shown before you confirm, every sale comes with a complete record of your trades, and your DKK/EUR proceeds are held in segregated client accounts with a regulated Danish bank until you withdraw.How it works
From crypto in your wallet to kroner in your bank — in 4 steps
Open an account with MitID
Sign up free at pfs.penning.dk/sign-up and verify with MitID — typically under 5 minutes, approved same day.
Send the crypto you want to sell
Transfer supported assets to Penning from your own wallet to sell. Incoming transfers are AML-screened as part of our obligations as a regulated CASP.
Sell at the quoted price
You see the price and the full fee before you confirm. No hidden spreads — the amount you see is the amount you get.
Withdraw in DKK or EUR
Settle to your own bank account via Danish transfer or SEPA — typically within one business day. Every sale comes with a full trade record.
Settlement
Crypto in, kroner out — settled by a Danish bank
Penning settles every sale in DKK or EUR straight to your own bank account — no FX detours through foreign accounts, no card processor skimming on the way out. You see the fee before you confirm, and the proceeds land in the same account you would fund from.
DKK
Danish Krone
EUR
Euro via SEPA
Confirm the sale
The sale settles instantly on your Penning account at the price you saw.
Choose your payout
DKK via Danish bank transfer or EUR via SEPA — to your own account.
Money arrives
Typically within one business day. Every sale comes with a full trade record.
Supervised by the Danish FSA, secured by MiCA
Penning Financial Services ApS is one of the first Danish CASPs authorised under MiCA and supervised by the Danish FSA (reg. FTID 10902). Penning holds no client crypto — you send the assets you want to sell from your own wallet — and your DKK + EUR proceeds are held in segregated client accounts with a regulated Danish bank until you withdraw, a MiCA safeguarding requirement.
Selling crypto can be a taxable event in Denmark — Penning provides documentation, not tax advice.
Fees
Transparent pricing — what you see is what you get
The exact fee is shown before you confirm every sale. No monthly platform fees, and no marked-up exchange rate on your DKK or EUR withdrawal.
2%
Flat trading fee — no hidden FX spread€0
Monthly & DKK withdrawal feesAt cost
Network fees, never marked up€100k+
Block sales via the OTC deskOur ecosystem
Supported networks
Trade and invest across 28+ networks
Tax & documentation
Selling and tax: a complete record, not tax filing
Selling crypto can trigger tax in Denmark — gains are generally taxed as personal income, while losses are only deductible as a lower-value tax deduction and can't be offset krone-for-krone against gains (asymmetric treatment). Penning gives you a complete record of your trades — your full transaction history with per-trade detail — so you have the documentation to support your own filing. Penning provides documentation, not tax reporting and not tax advice — talk to the Danish Tax Agency (SKAT) or an accountant about your situation.
In numbers
A Danish platform built for selling crypto
190+
Assets you can sell
1 day
DKK payout to your bank
MiCA #1
Danish CASP license
Full record
Every trade documented
Supported tokens
Trade & invest across 190+ tokens on 28+ networks — need a specific asset or size? We'll source it via a custom mandate.
What clients are saying
Testimonials
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
Selling crypto — frequently asked questions
FAQ
The sale settles immediately on your Penning account. Withdrawals to your bank follow normal transfer times — typically within one business day in Denmark, and via SEPA across the EU.
Ready to sell — or just want the option ready?
Open a free account with MitID. When you want to sell, the price is transparent, settlement is Danish, and you get a full record of your trades.