Bitpanda was founded in 2014 and is a cryptocurrency exchange based in Austria, which is primarily aimed at customers from European customers.
The cryptocurrency is really easy to access and provides a great and customer-friendly website which makes buying and selling cryptocurrencies easy. There are plenty of currencies to choose from and many deposit options available to purchase cryptos.
Bitpanda is fully licensed by the Australian financial regulator (FMA) and is authorized to receive and transmit orders on a commercial basis. The company has more than 1.2 million users and is constantly improving its services to attract further customers.
Check out the most comprehenisve and honest Bitpanda Review 2023 below!
Bitpanda Review – Services
Even though Bitpanda initially started as a pure cryptocurrency exchange, they have added multiple different services to their website. Nowadays, you can also trade stocks at Bitpanda, several ETFs, and commodities such as gold or silver.
Nowadays, you can buy and sell more than 30 different cryptocurrencies at Bitpanda, including the most relevant ones such as Bitcoin, Ethereum, or Ripple. The exchange has recently also published its own indices which are basically a combination of different cryptocurrencies that you can at the same time in a single product.
Additionally, you can also make use of the Bipanda Pro exchange which is a professional version of Bitpanda created for professional traders and institutional customers, and also allows combining trading bots with the Bitpanda API.
By using the official BEST token of Bitpanda when trading, you will also get a 20% deduction on your trading fees.
Furthermore, you can also benefit from their free learning section where you can find different guides for beginners and advanced users on how to invest your money.
How to open an Account at Bitpanda?
Opening an account and getting verified at Bitpanda takes just a couple of seconds. Nevertheless, we have created a step-by-step guide that will make it even easier and help you to get started even quicker!
Step 1 – Start Registration Process
Please delete cookies (important) and then CLICK HERE to start the Bitpanda registration process.
Step 2 – Enter your Details
You will be redirected to the Bitpanda website, where you have to enter your email address and preferred password.
Bitpanda Review – How to buy Bitcoin
After you have created your Bitpanda account, you can start buying Bitcoin or other cryptocurrencies of your choice.
In general, there are two different ways of purchasing cryptos using cash by using your debit or credit card, bank account, NETELLER, Skrill, or Bitpanda To Go.
Alternatively, you can also simply transfer your cryptos to your Bitpanda account and exchange them for other coins or cash. Bitpanda offers a wide range of currencies, you can choose between:
- Euro (EUR)
- US Dollar (USD)
- Swiss Franc (CHF)
- British Pound Sterling (GBP)
- Turkish Lira (TRY)
Please keep in mind that prior to making a deposit using fiat currencies, you will have to verify your account. After you have been verified, you may choose from the above-mentioned deposit methods.
Recently, there have been additional payment methods added for multiple regions. Depending on the local currency you chose, you can select another payment method that is available to you.
Bitpanda provides its customers with two different ways of trading cryptocurrenices. The regular offer is well-designed and perfect for beginners.
You can simply buy a variety of different cryptos and other digital assets with just a single click. Furthermore, you can also buy and sell other goods such as metals, or make use of other Bitpanda services such as Bitpanda Savings.
Bitpanda Savings let you buy cryptocurrencies on a recurring basis without you having to go through the process of purchasing them manually.
Bitpanda Pro on the other hand is a dedicated professional trading solution. This service is aimed at experienced traders and institutional investors who are familiar with the concept of trading.
Bitpanda Pro has 0.1% make and 0.15% taker fees and therefore offers very competitive trading fees. Moreover, these fees become even lower depending on your 30-day trading volume.
If you are an experienced investor, we highly recommend you using Bitpanda Pro. If you are just getting started and just want to buy your first cryptocurrencies right away, feel free to make use of the regular Bitpanda service.
Bitpanda Review – Available Cryptocurrencies
The exchange is the most important part of the Bitpanda website, and you can buy cryptos within just a couple of moments. Bitpanda offers a decent variety of the most popular coins.
Right now, there are more than 30 coins supported and Bitpanda is constantly adding new coins.
You can buy and sell the following cryptocurrencies at Bitpanda: Bitcoin, Doge, BitTorrent, Bitpanda Ecosystem Token, Ripple, Ethereum, Vechain, Cardano, Pantos, Chiliz, IOTA, Tron, Tether, DigiByte, Polkadot, Filecoin, Litecoin, Stellar, USD Coin, Chainlink, Bitcoin Cash, NEM, NEO, Komodo, Uniswap, Ethereum Classic, Waves, Avalanche, Dash, Qtum, EOS, Maker, Basic Attention Token, Aragon, REN, Ontology, Algorand, Aave, Compound, Ocean Protocol, Cosmos, Tezos, OMG Network, Yearn.Finance, ZCash, Lisk, Ox, Band Protocol, Kyber Network, Synthetix Network Token, Augur v2, and UMA.
Bitpanda Mobile App
Bitpanda has recently created a new mobile app that allows you to trade cryptocurrencies on the go.
It utilizes state-of-the-art services and secure offline wallets which provide the same fast and reliable Bitpanda services that you can find on their regular website.
You can deposit and withdraw your funds at Bitpanda using your credit card, NETELLER, Skrill, Sofort, GIROPAY, Amazon.de vouchers (only payout), bank transfers and more, depending on the currency you chose.
The Bitpanda mobile app features all regular features, and therefore you will be able to verify, buy and sell cryptocurrencies and other assets on the go.
The fully automated order system is working 24 hours a day, so you will be able to trade whenever you want at any given time of the day.
Bitpanda Review – Eligible Countries
Bitpanda offers its services in many countries. Here is an overview of eligible countries: Albania, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine, United Arab Emirates, and the United Kingdom.
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