EU CRYPTO REGISTER · AUTHORISED · LAST VERIFIED

Is One Trading licensed under MiCA in the European Union?

One Trading's European entity (One Trading Exchange B.V.) is recorded as an authorised Crypto-Asset Service Provider under the EU's Markets in Crypto-Assets Regulation, with its authorisation issued by Netherlands on 15 May 2025.

Verdict: One Trading appears in the ESMA Register of MiCA-Authorised CASPs.

Legal entityOne Trading Exchange B.V.
Home Member StateNetherlands
National Competent AuthorityDutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB)
Authorisation date
Legal Entity Identifier (LEI)984500AA963ED2BA8460
Authorised servicesCustody, Operating a trading platform

Source: ESMA Register of Crypto-Asset Service Providers. Retrieved 30 June 2026.

About One Trading

One Trading is a consumer-facing crypto-asset exchange operated by One Trading Exchange B.V., a Dutch company headquartered in Amsterdam. According to research drawing on the company's corporate records, the business was founded in 2019 and became a standalone entity in 2022 when it was spun off from Bitpanda (its predecessor venue was Bitpanda Pro). The platform serves both retail and institutional users and lets customers buy and sell Bitcoin, Ethereum, XRP and other crypto-assets, rather than being a Bitcoin-only service. Sources: onetrading.com, Bitpanda spin-off notice

The core offering is spot crypto trading plus custody of crypto-assets, with EUR funding via bank transfer (and, per the research, GBP and CHF support). One Trading also runs a crypto perpetual-futures venue with leverage, which it markets prominently; its own site describes the product as "EU regulated futures" carrying high-risk warnings. The research indicates the platform does not offer savings or DCA, staking, or a payment card. On its homepage One Trading states it holds 145m EUR in assets in custody and describes itself as "trusted by large institutions and retail investors" - these are the company's own statements, not independently verified figures. Source: onetrading.com

On the legal point: the contracting entity is One Trading Exchange B.V., established in the Netherlands and supervised by the Netherlands Authority for the Financial Markets (AFM). Under MiCA, its crypto-asset service provider authorisation covers Custody (custody and administration of crypto-assets) and Operating a trading platform, the two services recorded for it in the research. Research dates the MiCA CASP authorisation to 30 June 2025 and notes the firm also holds a MiFID II licence; the leveraged crypto-derivatives (futures) business falls under that MiFID II financial-instruments regime rather than under the MiCA CASP permission. So the MiCA licence answers for spot trading and custody, while the derivatives activity is authorised on a separate legal basis. Sources: AMF CASP white list, One Trading MiCAR approval release

Which crypto services is One Trading authorised to offer in the EU?

Under its MiCA authorisation issued by Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB), One Trading (One Trading Exchange B.V.) is approved to provide the following services to EEA residents. Each service is defined in Article 3(1)(16) of Regulation (EU) 2023/1114.

  • Providing custody and administration of crypto-assets on behalf of clients

    The exchange holds your crypto in its own wallets. Authorisation here means MiCA's segregation and insurance rules apply: client crypto-assets must be ring-fenced from the exchange's own funds.

Which services is One Trading not authorised to offer?

One Trading's MiCA licence does not cover: Trading platform, Exchange for funds, Exchange for crypto, Order execution, Placing, Order R&T, Advice, Portfolio mgmt, Transfer services. These services may still be offered by other authorised providers, or by One Trading under a different regulatory framework (for example, derivatives may fall under MiFID II rather than MiCA). Source: ESMA Register, retrieved 30 June 2026.

See other MiCA-authorised exchanges by service:

Why is One Trading licensed in Netherlands?

The Netherlands historically had one of the strictest pre-MiCA crypto frameworks, with DNB running a stand-alone Wwft register. AFM is the MiCA-designated competent authority. Bitvavo is the dominant Dutch-licensed CASP; many global exchanges previously withdrew from the Dutch market under pre-MiCA pressure. Source: Dutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB).

National Competent AuthorityDutch Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB)
Investor compensationDSI (Dutch investor compensation scheme) cover is limited.
Regulatory contextMarketing rules around crypto are particularly strict; AFM has fined non-compliant promotional activity.

See all exchanges licensed in Netherlands

What does this mean for users of One Trading in the EU?

If you transact through One Trading's EEA-authorised entity (One Trading Exchange B.V.), the protections introduced by MiCA apply to your relationship from onwards. In practical terms this means: client crypto-assets are ring-fenced from the exchange's own funds (Article 70 MiCA), the authorised entity holds prudential capital, has formal complaint-handling procedures, and is subject to transparency obligations on fees and order execution. Source: Regulation (EU) 2023/1114.

One thing to verify yourself: the legal entity you contract with day-to-day must match the entity in the ESMA register. Some global exchanges operate multiple legal entities under one brand. Confirm in One Trading's terms of service that your contracting entity is One Trading Exchange B.V., not a non-EEA affiliate.

Which MiCA-authorised exchanges are alternatives to One Trading?

Three MiCA-authorised providers to consider. Drawn from the ESMA register, never paid placement.

ProviderHome Member StateAuthorisedServices
OKX Malta 9 services
ZBX Malta 8 services
Bitstamp Luxembourg 7 services

Related reading

Understand the regulatory context behind One Trading's entry on the register:

Frequently asked questions about One Trading and MiCA

Is One Trading licensed under MiCA?

Yes. One Trading appears in the ESMA Register of MiCA-Authorised Crypto-Asset Service Providers, with its authorisation issued by the competent authority of Netherlands.

Which EU countries can One Trading serve under this licence?

A MiCA authorisation in one EEA member state permits passporting across all EEA member states, subject to a notification process to each host-state regulator.

Are my crypto-assets on One Trading protected under MiCA?

MiCA introduces ring-fencing of client crypto-assets, prudential capital requirements for the authorised entity, complaint-handling obligations, and conduct rules. It does not provide a deposit-guarantee scheme equivalent to bank deposit insurance.

What's the difference between the authorised entity and the global brand?

Some global exchanges operate multiple legal entities. The MiCA authorisation applies only to the specific legal entity in the ESMA register, not to the global brand. Verify the contracting entity in One Trading's terms of service.

Where can I check the official record?

The ESMA register publishes the authoritative list and updates it weekly. The direct link to One Trading's entry is on this page under 'Sources'.