Bitpanda Exchange Review 2023: Fees, Platform, App, Safety & More

In this Bitpanda review, we will list the supported deposit & withdrawal methods, supported crypto coins & countries, help you open an account at Bitpanda, provide you with a detailed breakdown of its fees, regulations, and review its security and safety features.

Author: Edith Reads   -   Last updated: 31/08/2022
bitpanda logo

Summary

Bitpanda is a cryptocurrency specialist exchange providing world-class Fintech services to its clients worldwide. Founded in 2014, the Austrian-based exchange focuses on the innovation of blockchain technology. With over 190 team members, the company extends its cutting-edge services to more than 1.2 million users around the world. Introducing the PSD2 payment services powered by state-of-the-art security protocols, Bitpanda ensures a streamlined user experience. Simplifying the use of digital assets, Bitpanda is one of the most popular brokerage firms to buy cryptocurrencies and other precious metals in Europe.

In this guide, we review Bitpanda in detail. We will walk you through Bitpanda’s supported cryptocurrencies. You’ll also learn how to open an account with the exchange, Bitpanda fees, the verification process, and online reviews from other traders. We’ll also dive into its customer support.

Pros & Cons

Let us walk you through some quick points mentioning the pros and cons of the Bitpanda exchange. We explain all advantages and disadvantages individually in detail so you could understand them better.

Advantages of Bitpanda

  • Offers automated instant transaction
  • Secure Digital Wallet App
  • Offers high liquidity
  • Multiple Payment Options
  • Easy-to-use interface

Disadvantages of Bitpanda

  • Buying of cryptocurrencies available to EU clients
  • Doesn’t have HD or multi-signature security protocols
  • Fee schedules are not transparent
  • Is not an open-source exchange
  • Doesn’t offer live chat support

Pros:

Instant Transactions – Unlike other exchanges that are very slow in order placement, Bitpanda is very fast in the execution of trades. The exchange takes a maximum of 30 minutes to process your orders, excluding the SEPA transfers that could take a day to complete.

Asset Protection (Digital Wallet) – Bitpanda offers complete security to your digital assets through its cold storage option. You can access free digital wallets supported for both Android and iOS-based devices through PlayStore and AppStore, respectively.

High Liquidity – With an average trading volume of more than 1 Million US Dollars, Bitpanda offers high liquidity. On top of that, the newly introduced Bitpanda Ecosystem token (BEST) is likely to increase the liquidity ratios even more.

Multiple Payment Options – Offering a wide range of deposit and withdrawal methods, Bitpanda makes the payment process quite flexible. You can choose your preferred payment method from the list of available options to deposit or withdraw funds.

User-Friendly Interface – A simple yet allegiant design makes you navigate through the platform comfortably at Bitpanda. The company offers easy to use intuitive interface for both online as well as mobile-based trading platforms.

Cons:

Buying Limitations – Unfortunately, Non-EU clients cannot purchase digital assets at Bitpanda. Buying services are limited to the Eurozone region only. However, customers residing outside Europe can still use Bitpanda to send or receive cryptos.

Unavailability of HD or Multi Signatures Security Parameters – Bitpanda offers the most advanced security protocols. The exchange, however, lacks access to HD (Hierarchical Deterministic) and Multi-Signatures security measures. Unavailability of the security parameters might be a point of concern to some users.

Lack of Transparency in Fee Schedules – As far as the fee is concerned, the exchange company has more or less a similar pricing structure as compared to its competitors. However, unlike other exchanges like (Coinbase, Coinmama, Kraken), etc. Bitpanda does not talk about its fee criteria openly.

Verification Limits – Verification Limits – Bitpanda has specific limits for deposits and withdrawals depending upon the status of your verification and selected payment method. You might find a recurring verification requirement a little inconvenient.

No Live Customer Support – In case you wish to contact the company, you need to contact via email or telegram. Bitpanda does not offer customer support via web chat or phone.

Regulations & Supported Countries

Regulations

Bitpanda is not a regulated exchange. However, like several other exchanges, Bitpanda is likely to become a regulated one soon. Despite its non-regulated status, the website never falls prone to hackers. However, Bitpanda follows the guidelines of AML5 to ensure safety concerns.

Offices

Founded by Paul Klanschek, Christian Trummer, and Eric Demuth, Bitpanda is being operated with its headquarter located in Vienna, Austria.

Supported Countries:

Bitpanda offers its services to more than 40 countries around the world. Listed below are the countries that Bitpanda supports based on their verification viability.  Please note that even if your country of residence falls within the European zone, Bitpanda may still disallow taking you onboard citing insufficient verification documents.

Given below are the countries supported by the exchange;

AlbaniaAustriaBelgium
CyprusCzech RepublicDenmark
FranceGermanyGreece
IrelandItalyLatvia
LuxembourgMaltaNetherlands
PortugalRomaniaSerbia
BulgariaCroatiaSpain
EstoniaFinlandSweden
HungaryIcelandSwitzerland
LiechtensteinLithuaniaTurkey
NorwayPolandUkraine
SlovakiaSloveniaUnited Kingdom
United Arab Emirates

List of Coins and Crosses

Bitpanda supports a wide range of cryptocurrencies.  Listed below is a list of cryptos that you can buy or sell at Bitpanda.

CryptocurrencyShort CodeBuying/SellingTransactions
BitcoinBTCYes
LitecoinLTCYes
EthereumETHYes
DashDASHYes
Ripple (XRP)XRPYes
Bitcoin CashBCHYes
KomodoKMDYes
IOTAMIOTAYes
EOSEOSYes
PantosPANYes
OMG NetworkOMGYes
AugurREPYes
StellarXLMYes
0xZRXYes
NEMXEMYes
ZcashZECYes
TezosXTZYes
CardanoADAYes
NEONEOYes
Ethereum ClassicETCYes
ChainlinkLINKYes
WavesWAVESYes
LiskLSKYes
TetherUSDTYes
USD CoinUSDCYes
CosmosATOMYes
TronTRXYes
Basic Attention TokenBATYes
Bitpanda Ecosystem TokenBESTYes
ChilizCHZYes
DogeCoinDOGEYes
OntologyONTYes
QtumQTUMYes
VeChainVETYes
UniswapUNIYes
Yearn.financeYFIYes
Synthetix Network TokenSNXYes
PolkadotDOTYes
CompoundCOMPYes
MakerMKRYes

Trading Fees

Cryptocurrencies Fees:

Bitpanda charges a premium of 1.49% of the total amount on all cryptocurrency transactions. However, you can have a reduced premium fee of up to 0.25% if you choose to pay using the exchange’s recommended payment method. Please note that offered prices for cryptocurrencies and other digital assets at Bitpanda are inclusive of Bitpanda premium fees. The company does not reveal a clear-cut pricing structure, though.

Precious Metal Fees (Gold, Silver, Platinum, Palladium):

Gold

Bitpanda charges 0.5% as a premium fee on the amount of Gold you buy and 1.0% on your selling amount. The company does not charge any insurance or storage fee on purchasing the first 20g of Gold at Bitpanda. Any amount in access of 20g will have a holding cost of 0.0125% per week. Bitpanda calculates the fee on a daily basis and deducts the accumulated amount at the end of each week from your metal wallet.

Silver

Similar to the selling and buying of Gold, a 2.5% fee applies to purchase of Silver. To sell Silver, a fee of 2.0% is applicable in addition to the holding cost that is 0.025% a week. There is no fee for holding the first 200g of Silver with Bitpanda. Any amount exceeding the specified limit will have fees, as mentioned above.

Platinum

You need to pay a premium fee of 2.5% on your platinum purchases following a fee charge of 2.0% on your platinum disposals. You can store the first 20g of Platinum with Bitpanda without paying any fee. However, for holding Platinum more than the said limit carries a charge of 0.025% weekly. Charging schedules will remain the same as mentioned before.

Palladium

There is a little change in fee when it comes to purchasing of Palladium. You pay 2.2% on purchasing Palladium while 1.8% on selling it off. Holding any amount above 20g of Palladium costs 0.025% per week.

Trading Platforms, Account Opening & How to Buy Crypto:

Bitpanda Desktop Trading Platform:

Bitpanda offers a user-friendly, intuitive trading platform to make your trading experience joyful. You can find all options on your home screen.

Bitpanda Desktop Trading Platform

The tabs available next to your dashboard captioned as wallets, let you access your storage place, showing your portfolio of assets.

Bitpanda Desktop Portfolio

Clicking on the prices tab takes you to the market watch, where you can see the latest quoted prices for each of the available assets, including cryptos, indices, and metals.

Bitpanda Price Tab

You can have a detailed overview of each digital asset in a new window by clicking any of them. On the top of each chart, you can navigate between timestamps to see the daily, weekly, monthly, or yearly performance of your favorite asset.

Bitpanda Dashboard

On the left side of your home screen, buttons including trade and makes you either trade-off of your digital assets or deposit funds into your account, respectively. Please note that to continue trading, you need to get your account verified first. Account verification is essential for depositing funds in your account as well.

Bitpanda Verification

Moving a little further, you can see an avatar option where you can set your profile picture if you wish to do so. Clicking on the avatar button drops down the list of several options allowing you to either customize your account settings or access detailed information of your account activities.

Bitpanda Dashboard

How to Open an Account with Bitpanda on a desktop?

Opening an account with Bitpanda on a desktop is quite simple. Following the steps listed below, you can have your account opened within a few minutes.

  1. Visit the official website of the exchange i-e www.bitpanda.com.
  2.  Click on the get started button available on the top-right edge of the homepage of Bitpanda.
    Bitpanda Home
  3. Click on the Sign-Up button that you can find on the top right corner of your screen.
    Bitpanda Login Page
  4. Enter your details on the registration form such as first name, last name, email id, and password. Also, select your country of residence. Please note that if Bitpanda doesn’t support your country, you cannot Sign-Up with the exchange.
  5.  Click on create an account.
  6.  Go to your registered email id and click on the link received from Bitpanda to confirm email verification.
  7. : Return to your home screen and use your login ID and Password to sign-in to your account.

How to buy cryptos with Bitpanda on a desktop?

Bitpanda offers multiple cryptocurrencies that you could buy from the ease of your desktop within a couple of minutes. Since the exchange allows buying cryptocurrencies against cash, therefore, fiat wallet is the quickest method to do so. However, you can also use several other payment methods such as debit cards, credit cards, e-payments, and SEPA transfers, etc.

Let us walk you through the steps that you need to follow to buy cryptocurrencies at Bitpanda.

  1. Visit the official webpage of Bitpanda or click the link here www.bitpanda.com/en
  2.  Login to your account using your login credentials.
  3. Click on the Deposit button available on the top right-hand side of your welcome screen.
    Bitpanda Deposit
  4. Select the fiat wallet and indicate the currency in which you wish to deposit your funds. Make sure you select the corresponding fiat wallet before proceeding with deposits.
    Bitpanda Fiat Deposit
  5. Select the payment method you wish to use to fund your fiat wallet (i-e debit card, credit card, Neteller, Skrill, Sepa Transfer), etc.
    Bitpanda Fiat Deposit
  6. Enter the amount you want to deposit and review the transaction summary.
    Bitpanda Deposit
  7. Click on make deposit. You might need to provide the security code received on your registered mobile number before the transaction gets through. You don’t receive Verification SMS in case of SEPA transfers.
  8. Enter the SMS code and press confirm to proceed with the payment.
  9. Log out of your account and sign in back to check if your fiat account reflects your funds.
  10. Click the trade button available just before the deposit button on your account’s welcome screen.
  11. Click on the buy button.
    Bitpanda Buy
  12. Select your desired crypto and select the fiat wallet using which you will be paying for the crypto purchase.
    Bitpanda Crypto
  13. Enter the worth of cryptocurrency you wish to buy
    Bitpanda Currency Select
  14. Review the transaction summary and click buy now to finish the purchase.
  15. Return to the main screen, access trade history to confirm if your crypto wallet has the cryptos you have just purchased.

Bitpanda Mobile Trading Platform:

Featuring the power of mobile trading, Bitpanda allows its customers to trade while on the go. Keeping the world’s most advanced trading platform in your pocket provides you with the next level of satisfaction. Now you don’t have to sit in front of your PC or a laptop. You can access your account right from your mobile device.

With the flexibility to trade 24/7, clients can enjoy the cheapest fee premiums on purchasing bitcoin at Bitpanda. Advanced API applications, secured offline storage options and state-of-the-art servers help traders to transact with peace of mind. Bitpanda offers supported versions of its mobile app for both Android and iOS users. You can have your mobile compatible app download from either PlayStore or App store.

Dashboard

After signing in on the Mobile Trading platform, traders can see their account balance right in the upper middle of the screen. On the main screen, there are three buttons available that allow clients to buy, sell, & receive cryptos right from the ease of the dashboard.

Bitpanda Home Screen

Portfolio

Using the Portfolio tab, traders can access a wide range of tradable assets. All of them have customized separate wallets to hold and store fiat currencies, cryptocurrencies, indices, and other precious metals. Each of the wallets further opens up, showing all of the assets inside.

Trade

The trade button has a plus sign that clients need to click to access various options such as buy, sell, swap, and deposit. Other options include withdrawals, vouchers, and savings. Please note that you have to get your account verified before you could use any of the options listed above.

Bitpanda Wallets

Prices

Under the prices tab, clients can see the price details for each of the listed assets. The charting panel has different time frames that allow traders to view the daily, weekly, monthly, and yearly performance of the underlying asset. With options to buy, sell, swap, and send, traders don’t have to go back to the trade menu. Instead, they can place their order by staying on the same page. Traders also have the option to set a customized price alert for each asset, so when a price hits the targeted level, they receive an instant notification.

Bitpanda Bitcoin Wallet

Profile

The profile tab allows traders to set their account preferences. Customers can see the account trading history, access savings portfolio, and change security parameters. The profile tab also enables traders to view any updated information on Bitcoin Ecosystem Tokens here. Clients have the option of adding a profile picture if they like to do so.

Bitpanda Profile

How to Open an Account with Bitpanda on a Mobile App?

Let us have a quick look at simple short steps to know how to get registered for a mobile-based trading platform at Bitpanda.

Steps to open an account with Bitpanda on Mobile:

Opening an account with Bitpanda is pretty simple. Just follow the steps listed below;

  1. Go to the Play Store or App Store on your mobile device.
  2. Type in Bitpanda App in the search bar of your mobile supported App Store.
  3. Download the Bitpanda App and have it installed on your mobile device.
  4. Tab the Bitpanda icon created on your mobile phone to open the app.
  5. Click on get started.
  6. Tap on the sign-up button available on the home screen of your mobile phone app.
  7. Enter your details on the sign-up page following your name, email id, and a strong alphanumeric password.
    Bitpanda signup
  8. Press continue, visit your email id and click on the verification link received on your email for activation of the account.
    Bitpanda Verification
  9. Clicking on the activation button will make you sign in to the app. That’s it.

How to buy coins at Bitpanda on a Mobile App?

Buying coins using your mobile phone is simple. Listed below are the steps you can follow to purchase your favorite crypto asset.

  1. Open the mobile app.
  2. Login to your account using your username and password.
    Bitpanda App
  3. Click on the trade (+) button available on the home screen of your mobile phone app.
  4. Tap on the deposit button.
    Bitpanda trade
  5. Choose your fiat currency wallet. Make sure you choose the corresponding currency wallet, such as the Euro wallet, if you wish to fund your account in EURO.
  6. Select the payment method you want to use for funding your account
  7. Enter the amount you wish to deposit in your fiat wallet.
    Bitpanda Deposit
  8. Enter the passcode received on your registered mobile phone number to authorize the payment.
  9. Select your favorite crypto that you wish to buy. Also, select the fiat wallet using which you will pay against the purchased crypto asset.
  10. Enter the amount of crypto assets that you want to buy.
  11. Click next to continue
  12. Enter the passcode received on your mobile to authorize the payment
  13.  Return to your dashboard to check if you have successfully purchased your crypto asset.

Payment Methods – Deposit and Withdrawals

Bitpanda offers multiple deposit and withdrawal methods with differing conditions and limits depending upon the currency you choose. Your deposit and withdrawals might also have some restrictions due to your preferred payment method and level of account verification.

Bitpanda accepts fiat deposits in the following currencies;

  • Euro (EUR)
  • Great Britain Pound (GBP)
  • US Dollar (USD)
  • Swiss Franc (CHF)
  • Turkish Lira (TRY)

Let’s check out the options available for each of the currency below;

Euro (EUR)

Account Verification LevelDepositWithdrawal
Verified SEPA,  NETELLER,  iDEAL, SOFORT, GIROPAY/EPS, Skrill, Zimpler, Visa, and MasterCard.

You can also make deposits to your Euro wallet via Bitpanda To Go redeemable vouchers.

SEPA Transfers, NETELLER, Skrill, amazon.de.
Non-VerifiedNon-Verified account holders cannot make any deposit to their Euro wallet unless they get their account verified.Non-Verified account holders cannot withdraw funds from their Euro wallet unless they have their account verified.

Great Britain Pound (GBP)

Account Verification LevelDepositWithdrawal
VerifiedYou can deposit  via SEPA,

NETELLER, Skrill, Visa, and MasterCard to your GBP wallet.

You can withdraw your funds from GBP wallet using SEPA Transfers, NETELLER,  and Skrill
Non-VerifiedNon-Verified account holders cannot make any deposit to their GBP wallet unless they get their account verified.Non-Verified account holders cannot withdraw funds from their GBP wallet unless they have their account verified.

US Dollar (USD)

Account Verification LevelDepositWithdrawals
VerifiedYou can deposit in your USD wallet through Skrill,  Visa, and MasterCard.Skrill is the only option that you could use to withdraw your funds from USD wallet.
Non-VerifiedNon-Verified account holders cannot make any deposit to their USD wallet unless they get their account verified.Non-Verified account holders cannot withdraw funds from their USD wallet unless they have their account verified.

Swiss Franc (CHF)

Account Verification LevelDepositWithdrawals
VerifiedYou can deposit in your Swiss Franc (CHF) wallet through Skrill,  Visa, Neteller, SOFORT and MasterCard.Skrill, Neteller, and SEPA Transfers are the options that you could use to withdraw your funds from Swiss Franc (CHF) wallet.
Non-VerifiedNon-Verified account holders cannot make any deposit to their Swiss Franc (CHF)  wallet unless they get their account verified.Non-Verified account holders cannot withdraw funds from their Swiss Franc (CHF)  wallet unless they have their account verified.

Turkish Lira (TRY)

Account Verification LevelDepositWithdrawals
VerifiedYou can deposit in your Turkish Lira (TRY) wallet through Visa, Master Card, & Paparo.Papara is the only option that you could use to withdraw your funds from Turkish Lira (TRY) wallet.
Non-VerifiedNon-Verified account holders cannot make any deposit to their Turkish Lira (TRY) wallet unless they get their account verified.Non-Verified account holders cannot withdraw funds from their Turkish Lira (TRY) unless they have their account verified.

Transactional costs:

No fees – (Minimum Deposit)Fee for Wallet DepositMinimum – Deposit amount (excl. fee)Wallet – Withdrawal feesMinimum Withdrawal (amount  – excl. fee)
0x10.00000000 ZRX0.20000000 ZRX2.00000000 ZRX1.84253990 ZRX2.00000000 ZRX
Augur1.00000000 REP0.01000000 REP0.10000000 REP0.10132768 REP0.10000000 REP
Basic Attention Token10.00000000 BAT0.50000000 BAT1.00000000 BAT6.59476160 BAT1.00000000 BAT
Bitcoin0.05000000 BTC0.00010000 BTC0.00100000 BTC0.00006000 BTC0.00150000 BTC
Bitcoin Cash0.01000000 BCH0.00010000 BCH0.00100000 BCH0.00002300 BCH0.05000000 BCH
Bitpanda Ecosystem Token100.00000000 BEST0.50000000 BEST1.00000000 BEST14.90192138 BEST10.00000000 BEST
Cardano100.00000000 ADA1.00000000 ADA10.00000000 ADA0.20000110 ADA1.00000000 ADA
Chain-link10.00000000 LINK0.50000000 LINK1.00000000 LINK0.19999880 LINK1.00000000 LINK
Chiliz1000.00000000 CHZ10.00000000 CHZ100.00000000 CHZ10.00000000 CHZ10.00000000 CHZ
Cosmos3.00000000 ATOM0.03000000 ATOM0.10000000 ATOM0.00100000 ATOM1.00000000 ATOM
Dash0.10000000 DASH0.00010000 DASH0.01000000 DASH0.00000000 DASH0.01000000 DASH
Doge1000.00000000 DOGE50.00000000 DOGE500.00000000 DOGE1.00000000 DOGE20.00000000 DOGE
EOS10.00000000 EOS0.00100000 EOS0.10000000 EOS0.00000000 EOS0.01000000 EOS
Ethereum0.10000000 ETH0.00050000 ETH0.00100000 ETH0.00192000 ETH0.02000000 ETH
IOTA10.00000000 MIOTA0.10000000 MIOTA0.50000000 MIOTA0.02000080 MIOTA1.00000000 MIOTA
Komodo10.00000000 KMD0.01000000 KMD0.10000000 KMD0.00000000 KMD0.10000000 KMD
Lisk10.00000000 LSK0.05000000 LSK0.10000000 LSK0.01000040 LSK0.10000000 LSK
Litecoin0.10000000 LTC0.00010000 LTC0.00100000 LTC0.00050000 LTC0.05000000 LTC
NEM100.00000000 XEM0.10000000 XEM1.00000000 XEM0.04999970 XEM0.10000000 XEM
NEO1.00000000 NEO0.00000000 NEO1.00000000 NEO0.00500020 NEO1.00000000 NEO
OmiseGo5.00000000 OMG0.20000000 OMG0.50000000 OMG0.40219182 OMG1.00000000 OMG
Ontology50.00000000 ONT1.00000000 ONT5.00000000 ONT1.00000000 ONT2.00000000 ONT
Pantos1000.00000000 PAN1.00000000 PAN5.00000000 PAN34.79870414 PAN5.00000000 PAN
Ripple0.10000000 XRP0.00000000 XRP0.10000000 XRP0.10000000 XRP1.00000000 XRP
Stellar10.00000000 XLM0.00000000 XLM0.10000000 XLM0.00000000 XLM10.00000000 XLM
Tether10.00000000 USDT0.25000000 USDT0.50000000 USDT3.00000000 USDT0.10000000 USDT
Tron1000.00000000 TRX1.00000000 TRX10.00000000 TRX0.00000000 TRX1.00000000 TRX
USD Coin10.00000000 USDC0.25000000 USDC0.50000000 USDC1.43457216 USDC0.10000000 USDC
Waves5.00000000 WAVES0.01000000 WAVES0.10000000 WAVES0.00000000 WAVES0.10000000 WAVES
ZCash0.05000000 ZEC0.00100000 ZEC0.00500000 ZEC0.00010120 ZEC0.00100000 ZEC

Transactional Limits:

Euro (EUR) Limits:

AccountVerification (Light)Verified
Online PaymentsDepositsWithdrawalsDepositsWithdrawals
Daily Limits (24h)0,00 EUR1.500,00 EUR10.000,00 EUR100.000,00 EUR
Monthly Limits0,00 EUR10.000,00 EUR300.000,00 EUR2.000.000,00 EUR
Total Limits0,00 EUR50.000,00 EUR10.000.000,00 EUR10.000.000,00 EUR

 

AccountVerification (Light)Verified
SEPA TransfersDepositsWithdrawalsDepositsWithdrawals
Daily Limits (24h)49.999,00 EUR500.000,00 EUR49.999,00 EUR5.000.000,00 EUR
Monthly Limits5.000.000,00 EUR5.000.000,00 EUR5.000.000,00 EUR5.000.000,00 EUR
Total Limits100.000.000,00 EUR10.000.000,00 EUR100.000.000,00 EUR10.000.000,00 EUR

 

AccountVerification (Light)Verified
ZimplerDepositsWithdrawalsDepositsWithdrawals
Daily Limits (24h)0,00 EUR0,00 EUR2.500,00 EUR0,00 EUR
Monthly Limits0,00 EUR0,00 EUR100.000,00 EUR0,00 EUR
Total Limits0,00 EUR0,00 EUR100.000,00 EUR0,00 EUR

 

AccountVerification (Light)Verified
iDealDepositsWithdrawalsDepositsWithdrawals
Daily Limits (24h)10.000,00 EUR0,00 EUR10.000,00 EUR0,00 EUR
Monthly Limits300.000,00 EUR0,00 EUR300.000,00 EUR0,00 EUR
Total Limits999.999.999,00 EUR0,00 EUR999.999.999,00 EUR0,00 EUR

 

AccountVerification (Light)Verified
Debit CardsDepositWithdrawalDepositWithdrawal
Daily Limits (24h)Not ApplicableNot Applicable0,00 EUR0,00 EUR
Monthly LimitsNot ApplicableNot Applicable0,00 EUR0,00 EUR
Total LimitsNot ApplicableNot Applicable0,00 EUR0,00 EUR

 

AccountVerification (Light)Verified
PaparaDepositWithdrawalDepositWithdrawal
Daily limits (24h)Not ApplicableNot Applicable10.000,00 EUR10.000,00 EUR
Monthly limitsNot ApplicableNot Applicable60.000,00 EUR60.000,00 EUR
Total limitsNot ApplicableNot Applicable999.999.999,00 EUR999.999.999,00 EUR

US Dollar Limits:

AccountVerification (Light)Verified
Online PaymentsDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)USD 0.00USD 1,774.63USD 11,830.85USD 118,308.47
Monthly limitsUSD 0.00USD 11,830.85USD 354,925.42USD 2,366,169.46
Total limitsUSD 0.00USD 59,154.24USD 11,830,847.28USD 11,830,847.28

 

AccountVerification (Light)Verified
Credit cardDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)USD 0.00USD 0.00USD 2,957.71USD 0.00
Monthly limitsUSD 0.00USD 0.00USD 354,925.42USD 0.00
Total limitsUSD 0.00USD 0.00USD 5,915,423.64USD 0.00

 

AccountVerification (Light)Verified
Bank Transfer (SEPA)DepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)Not ApplicableNot ApplicableNot ApplicableNot Applicable
Monthly limitsNot ApplicableNot ApplicableNot ApplicableNot Applicable
Total limitsNot ApplicableNot ApplicableNot ApplicableNot Applicable

 

ZimplerDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)Not ApplicableNot ApplicableNot ApplicableNot Applicable
Monthly limitsNot ApplicableNot ApplicableNot ApplicableNot Applicable
Total limitsNot ApplicableNot ApplicableNot ApplicableNot Applicable

 

idealDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)USD 11,830.85USD 0.00USD 11,830.85USD 0.00
Monthly limitsUSD 354,925.42USD 0.00USD 354,925.42USD 0.00
Total limitsUSD 1,183,084,726.61USD 0.00USD 1,183,084,726.61USD 0.00

 

Debit CardDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)Not ApplicableNot ApplicableUSD 0.00USD 0.00
Monthly limitsNot ApplicableNot ApplicableUSD 0.00USD 0.00
Total limitsNot ApplicableNot ApplicableUSD 0.00USD 0.00

 

PaparaDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)Not ApplicableNot ApplicableUSD 11,830.85USD 11,830.85
Monthly limitsNot ApplicableNot ApplicableUSD 70,985.08USD 70,985.08
Total limitsNot ApplicableNot ApplicableUSD 1,183,084,726.61USD 1,183,084,726.61

Swiss Franc Limits (CHF)

AccountLight verificationVerified
Online PaymentsDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)CHF 0.00CHF 1’612.93CHF 10’752.87CHF 107’528.72
Monthly limitsCHF 0.00CHF 10’752.87CHF 322’586.16CHF 2’150’574.40
Total limitsCHF 0.00CHF 53’764.36CHF 10’752’872.01CHF 10’752’872.01

 

AccountLight verificationVerified
Credit cardDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)CHF 0.00CHF 0.00CHF 2’688.22CHF 0.00
Monthly limitsCHF 0.00CHF 0.00CHF 322’586.16CHF 0.00
Total limitsCHF 0.00CHF 0.00CHF 5’376’436.01CHF 0.00

 

AccountLight verificationVerified
Bank Transfer (SEPA)DepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)CHF 53’763.28CHF 537’643.60CHF 53’763.28CHF 5’376’436.01
Monthly limitsCHF 5’376’436.01CHF 5’376’436.01CHF 5’376’436.01CHF 5’376’436.01
Total limitsCHF 107’528’720.11CHF 10’752’872.01CHF 107’528’720.11CHF 10’752’872.01

 

ZimplerDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)Not ApplicableNot ApplicableNot ApplicableNot Applicable
Monthly limitsNot ApplicableNot ApplicableNot ApplicableNot Applicable
Total limitsNot ApplicableNot ApplicableNot ApplicableNot Applicable

 

idealDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)CHF 10’752.87CHF 0.00CHF 10’752.87CHF 0.00
Monthly limitsCHF 322’586.16CHF 0.00CHF 322’586.16CHF 0.00
Total limitsCHF 1’075’287’200.07CHF 0.00CHF 1’075’287’200.07CHF 0.00

 

Debit CardDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)Not ApplicableNot ApplicableCHF 0.00CHF 0.00
Monthly limitsNot ApplicableNot ApplicableCHF 0.00CHF 0.00
Total limitsNot ApplicableNot ApplicableCHF 0.00CHF 0.00

 

PaparaDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)Not ApplicableNot ApplicableCHF 10’752.87CHF 10’752.87
Monthly limitsNot ApplicableNot ApplicableCHF 64’517.23CHF 64’517.23
Total limitsNot ApplicableNot ApplicableCHF 1’075’287’200.07CHF 1’075’287’200.07

Great Britain Pound (GBP) Limits

AccountLight verificationVerified
Online PaymentsDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)GBP 0.00GBP 1,360.56GBP 9,070.39GBP 90,703.91
Monthly limitsGBP 0.00GBP 9,070.39GBP 272,111.74GBP 1,814,078.27
Total limitsGBP 0.00GBP 45,351.96GBP 9,070,391.37GBP 9,070,391.37
AccountLight verificationVerified
Credit cardDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)GBP 0.00GBP 0.00GBP 2,267.60GBP 0.00
Monthly limitsGBP 0.00GBP 0.00GBP 272,111.74GBP 0.00
Total limitsGBP 0.00GBP 0.00GBP 4,535,195.69GBP 0.00
AccountLight verificationVerified
Bank Transfer (SEPA)DepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)GBP 45,351.05GBP 453,519.57GBP 45,351.05GBP 4,535,195.69
Monthly limitsGBP 4,535,195.69GBP 4,535,195.69GBP 4,535,195.69GBP 4,535,195.69
Total limitsGBP 90,703,913.71GBP 9,070,391.37GBP 90,703,913.71GBP 9,070,391.37
AccountLight verificationVerified
ZimplerDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)Not ApplicableNot ApplicableNot ApplicableNot Applicable
Monthly limitsNot ApplicableNot ApplicableNot ApplicableNot Applicable
Total limitsNot ApplicableNot ApplicableNot ApplicableNot Applicable
AccountLight verificationVerified
idealDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)GBP 9,070.39GBP 0.00GBP 9,070.39GBP 0.00
Monthly limitsGBP 272,111.74GBP 0.00GBP 272,111.74GBP 0.00
Total limitsGBP 907,039,136.18GBP 0.00GBP 907,039,136.18GBP 0.00
AccountLight verificationVerified
idealDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)Not ApplicableNot ApplicableGBP 0.00GBP 0.00
Monthly limitsNot ApplicableNot ApplicableGBP 0.00GBP 0.00
Total limitsNot ApplicableNot ApplicableGBP 0.00GBP 0.00
AccountLight verificationVerified
PaparaDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)Not ApplicableNot ApplicableGBP 9,070.39GBP 9,070.39
Monthly limitsNot ApplicableNot ApplicableGBP 54,422.35GBP 54,422.35
Total limitsNot ApplicableNot ApplicableGBP 907,039,136.18GBP 907,039,136.18

Turkish Lira (TRY) Limits:

AccountLight verificationVerified
Online PaymentsDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)0,00 EUR13.984,02 EUR93.226,81 EUR932.268,11 EUR
Monthly limits0,00 EUR93.226,81 EUR2.796.804,33 EUR18.645.362,23 EUR
Total limits0,00 EUR466.134,06 EUR93.226.811,14 EUR93.226.811,14 EUR

 

AccountLight verificationVerified
Credit cardDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)0,00 EUR0,00 EUR23.306,70 EUR0,00 EUR
Monthly limits0,00 EUR0,00 EUR2.796.804,33 EUR0,00 EUR
Total limits0,00 EUR0,00 EUR46.613.405,57 EUR0,00 EUR

 

AccountLight verificationVerified
Bank Transfer (SEPA)DepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)466.124,73 EUR4.661.340,56 EUR466.124,73 EUR46.613.405,57 EUR
Monthly limits46.613.405,57 EUR46.613.405,57 EUR46.613.405,57 EUR46.613.405,57 EUR
Total limits932.268.111,36 EUR93.226.811,14 EUR932.268.111,36 EUR93.226.811,14 EUR

 

AccountLight verificationVerified
ZimplerDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)Not ApplicableNot ApplicableNot ApplicableNot Applicable
Monthly limitsNot ApplicableNot ApplicableNot ApplicableNot Applicable
Total limitsNot ApplicableNot ApplicableNot ApplicableNot Applicable

 

AccountLight verificationVerified
idealDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)93.226,81 EUR0,00 EUR93.226,81 EUR0,00 EUR
Monthly limits2.796.804,33 EUR0,00 EUR2.796.804,33 EUR0,00 EUR
Total limits9.322.681.104,27 EUR0,00 EUR9.322.681.104,27 EUR0,00 EUR

 

AccountLight verificationVerified
Debit CardDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)N/AN/A0,00 EUR0,00 EUR
Monthly limitsN/AN/A0,00 EUR0,00 EUR
Total limitsN/AN/A0,00 EUR0,00 EUR

 

AccountLight verificationVerified
PaparaDepositsWithdrawalsDepositsWithdrawals
Daily limits (24h)N/AN/A93.226,81 EUR93.226,81 EUR
Monthly limitsN/AN/A559.360,87 EUR559.360,87 EUR
Total limitsN/AN/A9.322.681.104,27 EUR9.322.681.104,27 EUR

Education – Bitpanda Academy

Bitpanda offers a wide range of resources of educational material to help clients learn about cryptocurrencies. Under the tab captioned as Bitpanda Academy, you could find multiple trading lessons for both novice and intermediate traders. Although Bitpanda doesn’t offer much for skilled traders, still with the exchange educational resources, you get to know various tips and tricks useful for mindful trading.

Bitpanda, also hold quizzes at the end of each lesson, followed by a set of few questions to reward traders with free Bitcoin Ecosystem Tokens of worth €5. The exchange keeps its educational section updated with the latest relevant information. According to the information available on the exchange’s webpage, Bitpanda plans to introduce expert lessons soon.

Customer Support

Despite having a very informative FAQ section available at Bitpanda under the support tab, you still feel unattended when it comes to seeking customer support. The company seems to be lagging in offering real-time customer services. You can’t contact the company right away in case you wish to ask something that is pinching you hard. The only method to approach the customer support team is to fill a contact form available on the website of Bitpanda and wait for a staff member to get into contact with you.

Reviews

What Do People Say About Bitpanda on Reddit?

We found a mix of views of people about Bitpanda on Reddit. A member on Reddit says that he feels Bitpanda charges a higher fee as compared to other exchanges. According to him, the verification process is simple and doesn’t take more than a few minutes to get completed. However, he was unsure whether he would be purchasing any tradeable assets from Bitpanda or not.

Bitpanda Reddit Reviews

On the other hand, a user who had a good experience opening an account with Bitpanda exclaimed with surprise that his bank didn’t charge him any additional fee for making deposits in his account with Bitpanda. Also, the exchange charged him only a few bucks on the purchases he made using his debit card.

Some people argue that Bitpanda is relatively new in the market and might not as secure as some of the other exchanges like eToro out there. However, most people hold the view that with an option of cold storage, investors should not underrate Bitpanda over security concerns.

What Do People Say About Bitpanda on Quora?

People hold a mix of views about the Bitpanda on Quora. Some people think that Bitpanda is merely an average exchange known for purchasing and selling cryptocurrencies having a basic level of an interface. Whereas, other people assume it to be a good platform for beginners. Some raise concerns over its security issues for not having an HD video verification tool. In contrast, others criticize Bitpanda for its online digital cryptocurrency wallets. According to most of the users at Quora, the exchange still needs some time to become one people look at with extreme confidence. A lot of people seem to be suggesting that other renowned exchanges like eToro are the better options as compared to this young exchange.

Bitpanda Quora Review

Bitpanda Quora Review

Is Bitpanda Safe?

Well, considering the most advanced security protocols such as DDOS protection, cold-storage options, and state-of-the-art protected servers, it is undoubtedly a safe exchange. Whether you want to buy, sell, or convert your cryptos from one into another, you could rest assured that your transactions are secured. Bitpanda operates under the AML directives providing customers with a complete sense of security.

Besides enabling a two-step authentication factor, the company allows you to view and manage your active sessions and reliable devices. You can always add or remove trusted devices and have your active sessions closed by signing off from the electronic devices you don’t use at times.

Making your trading experience well protected, Bitpanda offers built-in wallets with some notable features. You can use separate fiat and digital asset wallet to hold your fiat funds and cryptocurrencies. Bitpanda started its operations in 2014, and through all of these six years (06) of business, Bitpanda never compromised on security.

Bitpanda VS eToro

Comparing the two most renowned exchanges side by side becomes challenging sometimes. You consider various factors when evaluating different options available with each of them. Lastly, it’s not about any exchange being best or worst. It’s about which of them offer better services. Let’s have a quick look at some of the factors below;

Bitpanda:

The most popular platform for buying and selling cryptocurrencies and metals in Europe. With a clientele base of more than 1 million customers across the world, the company offers world-class trading solutions to its customers.

eToro

One of the leading forex brokers and exchanges offering top-notch trading services in cryptocurrencies, indices, and CFDs to its clients in more than 170 countries all around the globe.

Both of the exchanges have their own merits and demerits. Bitpanda is a relatively new business venture as compared to eToro. It might suit better to newbies and intermediate-level traders. On the other hand, eToro has been in the business for quite a long and offers the most advanced trading solutions for expert-level traders.

Trading Fees:

The fee has great importance when comparing two trading platforms for the same level of trading services. Etoro offers a variable spread charging mechanism with a fee of up to 3.5%, which is relatively higher as compared to other exchanges. Mostly, the spread charge with many of the cryptocurrency exchanges stays within the bracket of 0.7% to 2%.

On the other hand, Bitpanda charges a premium fee of 1.49% on all cryptocurrency transactions. However, charges for buying and selling of precious metals may exceed. However, we won’t discuss those charges to remain relevant.

Tradable Assets:

When it comes to the availability of tradeable assets, eToro has an edge. eToro doesn’t only offers a wide range of cryptocurrencies. Still, you could trade multiple financial instruments, including stocks, indices, CFDs, etc.

However, this might not be the case with Bitpanda, since the exchange besides, offering a great variety of tradable digital assets, stands no chance of competing against the eToro.

Customers Services:

As far as the quality of customer services is concerned, we feel there is a roam for improvement in this department. Starting with Bitpanda, there is no live customer support at all. You can’t raise your concern with the company on a real-time basis.

While eToro does offer a customer support live chat interface, but it takes a little longer to get connected to any of the agents available. Also, eToro customer support services are known well in answering only basic level questions. Should you need to discuss anything that needs more attention, you could be testing hard water.

Number of Coins: 20+
Margin Trading: YES
Minimum Deposit: $200

Invest In Cryptocurrency With $0 Commission

  • Supports Multiple Languages
  • Regulated by FCA, ASIC & CySEC
  • Paypal, Debit & Credit Card Accepted
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Capital At Risk

Other Services Offered at Bitpanda:

Bitpanda Swaps:

Should you wish to swap your current digital asset with another supported cryptocurrency at Bitpanda, you can use the Bitpanda Swap service to do so.

Key Benefits:

  • Using the Bitpanda swap service, you can easily convert your existing cryptos from one digital asset to another within seconds.
  • You can swap your cryptos as many times as you wish. There is no restriction in place concerning the maximum amount of swap.
  • The interface is quite user-friendly that even a trader with the least trading experience can use the currency swap feature conveniently.
  • You swap your favorite digital assets in safe and secure wallets.

Bitpanda Savings:

Bitpanda offers you a saving plan so you could prepare for your future. With the flexibility of the auto purchase option, you don’t have to go through recurring purchases. All you need is to set a time by which you want to have a pre-set amount of your favorite crypto purchased and stored in your wallet. You can use your master or visa card for the same. Payment through SEPA transfer is also a good option that you can configure for your savings portfolio. Please note that you can pause and resume your savings plan whenever you wish to do so.

Key Benefits:

  • Bitpanda saving service offers a convenient way to buy your favorite digital assets over time.
  • You get minimum exposure to price volatility when using the Bitpanda savings service. Buying digital assets on daily, weekly, or monthly schedules make you enjoy independence from price fluctuations.
  • You can set up multiple saving plans using the Bitpanda Savings service.
  • You have the ultimate control over deciding when to go for a saving plan and when to halt it for a good reason.

Bitpanda Metals:

Bitpanda allows you to diversify your investment. The company offers investment in physically backed precious metals, including Gold, Silver, Platinum, and Palladium. All of the precious metals are available in digitized form at Bitpanda. They have an active duty-free insurance program. You have the freedom to swap your precious metals with any other supported digital asset.  For a transaction cost and holding fee, please refer to the fee section discussed above.

Please note that physically-backed digitized precious metal means that the Bitpanda keeps the metal bars in a secured vault facility with A grade banks in Switzerland. When every you buy precious metal, you own a share of those metal bars in actuality.

Key Benefits:

  • Enjoy real portfolio diversification with investment in digitized precious metals.
  • Rest assured of the protection of your physically backed digital assets.
  • You don’t have to pay any storage premium for holding precious metals up to a pre-defined limit, as specified in the fee section.
  • You don’t have to pay any Value Added Tax on purchasing precious metals.
  • The liberty of swapping your precious metals with any other available metal at any time.
  • You can also set up saving plans for your precious metals portfolio.

Bitpanda Crypto Index:

Bitpanda brings you a customized way of investing in multiple crypto assets. The exchange offers you three crypto indices to select from according to your needs. Offering you a diverse portfolio of top 05, 10, and 15 cryptocurrencies, Bitpanda enables you to invest in an auto-diversified crypto assets portfolio. The exchange classifies them according to their market share and liquidity levels. Over time, the Crypto Index automatically adjusts the weighting of your crypto investment, so you don’t have to choose the potential cryptocurrency manually.

According to the information available on the exchange’s website, the crypto index portfolio is a regulated service. However, the company leaves a disclaimer as well, so you may read and understand the associated terms and conditions in both English and German languages. Given below is an image showing the three different Crypto Index portfolios.

Crypto Index

Key Benefits:

  • Assets under Crypto Index Portfolio are direct purchases from Bitpanda, therefore offers a sense of complete security.
  • Auto investment options reduce your market risk exposure with investment in a small fraction in different crypto assets.
  • Bitpanda offers the Crypto index services in collaboration with the leading asset manager VanEck. The company ensures world-class services concerning period review and calculation of the crypto index.
  • Bitpanda overs you complete control over your crypto index portfolio investment, just the way you can manage any other digital asset at Bitpanda.

Bitpanda  Ecosystem Token (BEST) :

Enabling you to enjoy lower deposit fees and discounts of up to 25%, Bitpanda introduces Bitcoin Ecosystem Tokens (BEST) to offer improved Bitpanda services across the platform. You can buy and use BEST for accessing the available services at Bitpanda for a better rate. Currently, the exchange has classified Bitcoin Ecosystem Tokens (BEST) into three main classes. Give below is a quick recap of the benefits offered in each of the BEST VIP categories.

Level 1:

You need to have a minimum of 5000 BEST to reach level 1.

Benefits:

  • You can claim 0.05% of BEST every month for a trading volume of as low as one trade a month.
  • You become eligible to participate in BEST VIP voting.

Level 2:

To reach level two, traders must be holding at least 50,000 Best (Bitcoin Ecosystem Tokens)

Benefits:

  • You can claim 0.10% of BEST for undergoing a trading volume of one trade per month, at least.
  • You get a fee discount of 20% and 25% on Credit Card & SOFORT deposits, respectively.
  • Through an affiliate partnership program, you can claim 14% of share against the deposit made by your referred customers. Please note that you can’t claim more than 20% in any case.

Level 3:

Level 3 is the VIP level that you can attain for holding a minimum of 500,000 BEST.

Benefits:

  • You become eligible to claim 0.15% of BEST for a minimum of placing one trade in a month.
  • In addition to all other benefits that a Level 2 user can claim, you also receive a VIP customer support staff at Bitpanda.

Bitpanda Pay:

Innovating the old-fashioned payment systems, Bitpanda enables you to pay for your expenses through a hassle-free payment system. Should you need to pay your house rent or settle your bill on a merchant’s outlet, Bitpanda Pay makes your transactions a lot easier. Sending money to IBAN and paying for your utility bills have now been simplified with the Bitpanda Pay services.

Key Benefits:

  • You have the power of sending money directly from your Bitpanda wallet to any IBAN in Europe and other supported regions around the world.
  • The list of supported assets is likely to increase soon thus providing you more flexibility concerning the selection of assets.

Bitpanda  To Go:

Bitpanda also facilitates purchasing cryptocurrency against cash through its To Go service. You could buy code vouchers in more than 400 post branches and partners across Austria. Those code vouchers are redeemable on Bitpanda to purchase your favorite crypto assets.

Key Benefits:

  • The benefit of receiving the best price for crypto assets against code vouchers.
  • You can buy the code vouchers all over Austria.
  • Redeem all of your code vouchers directly into your wallets irrespective of the account verification status such that (Light or Full verified).

Bitpanda Plus

Offering greater exposure to the world of cryptocurrencies, Bitpanda facilitates traders wishing to trade increased volumes. Bitpanda Plus service helps you enjoy reduced fees and increased deposit & withdrawal limits. However, you need to fulfil certain conditions before you could be a part of the said service.

Those conditions are;

  • You must be earning €150,000 a year. Alternatively, you have a saving of an equal amount.
  • At a level III Bitcoin Ecosystem Token holder.
  • You promote Bitpanda actively.
  • Having 25,00,000 PAN tokens.
  • You have deposited €150,000 once as a minimum.
  • You are a user of Bitpanda since its inception in 2014.
  • have a deposit of €150,000 once as a minimum.
  • You are a user of Bitpanda since its inception in 2014.

Key Benefits:

  • Receive exclusive support from a key account manager at Bitpanda.
  • Enjoy increased limits for deposits and withdrawals.
  • Received customized news and updates concerning different products and features.
  • Claim exclusive discounts and a reduction in fees at Bitpanda.
  • You can block a specific payment or deposit method you don’t like to use.

BitPanda Stocks

Just recently, the exchange introduced a new product, BitPanda Stocks. Thanks to this feature, users on the platform now have an additional means to earn from their assets. BitPanda Stocks is a contract, rather than actual shares. Although BitPanda Stocks cannot be traded on any stock exchange, they come in handy for platform users who would like to earn from the price movements of certain shares. The contract also allows you to earn from the dividend distributions of the listed companies.

BitPanda Stocks offers users 24/7 commission-free trading with tight spreads. It uses partner exchanges to buy the underlying stocks, which are then held by the partner banks for safekeeping. BitPanda users are then able to invest in fractions of the shares through derivatives. Users can invest as little as €1 in some of the world’s most popular companies and ETFs.

To begin with, BitPanda has only rolled out the Beta version, which will initially limit the stocks and ETFs listed to about 50. However, the exchange plans to increase these assets within the coming months and years. Some of the companies already included are Adidas, AirBnB, Amazon, and Netflix.

More details on this product are available on the prospectus, which you can access via the exchange’s official website.

Conclusion

After a detailed review of the exchange, we hereby conclude that Bitpanda is one of the popular platforms offering the most reliable crypto trading services in Europe. Based in Austria, the company follows AML5 guidelines to ensure transparency and security of clients’ concerns. We also noticed some of the segments where the exchange needs improvements such as customer support, identity verification using HD video technology, and a clear fee-charging strategy. Overall the firm has positive reviews from customers who are using Bitpanda services across the globe. We believe people might try it for having a better trading experience.

Frequently Asked Questions (FAQs)

Yes, Bitpanda is legitimate. In fact, they’re a great option for buying and selling cryptocurrencies because they offer private equity fund administration software that makes it easy to buy and sell cryptos. Plus, their customer service is excellent and they offer a wide variety of payment options. So if you’re looking for a reputable and convenient option for buying or selling cryptocurrencies, Bitpanda is definitely worth considering.

Yes, you can absolutely buy Bitcoin on Bitpanda! In fact, Bitpanda is one of the most popular exchanges for buying and selling Bitcoin. They offer a user-friendly platform and have built up a large user base.

The fees charged by Bitpanda will vary depending on the volume and type of trade being conducted. However, it’s worth noting that Bitpanda is a private equity fund administration software company, so their fees are likely to be higher than those of some of their competitors. That said, it’s important to compare the fees charged by different exchanges before making a decision about where to buy or sell crypto assets.

Bitpanda makes money by charging fees for transactions on its platform. It also generates revenue through its private equity fund administration software.

To deposit money in Bitpanda, login to your Bitpanda account and click on the “Deposit” button at the top of the page. You’ll then be able to select the amount of money you want to deposit and choose your preferred payment method. You can then follow the instructions provided by Bitpanda to complete the deposit.

Bitpanda is based in Vienna , Austria

There are a few possible reasons why you might not be able to withdraw your funds from Bitpanda. It could be that you don’t have enough funds in your account to meet the minimum withdrawal amount, or it could be that you’re trying to withdraw more than the maximum allowed amount.

Bitpanda is a great platform for investing in private equity funds. The interface is easy to use and makes it easy to track your investments. The customer service is also excellent, with fast responses and helpful staff. Overall, Bitpanda is a great choice for anyone looking to invest.

Bitpanda does accept Mastercard. They also accept a variety of payment methods, including Credit/Debit cards, bank transfers, and PayPal.

Bitpanda is a safe exchange because it has private equity fund administration software that helps to keep track of all the transactions that happen on the site. This software also helps to ensure that user information is kept confidential and secure.

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