What is Bitpanda?
Bitpanda Overview. Key Features and Reputation
Year Founded
2014
Headquarters
Vienna, Austria
Regulatory Status
Fully regulated within the European Union, holds a PSD2 license.
Suitable For
European investors seeking a secure and beginner-friendly crypto platform with a focus on various asset classes.
Bitpanda is a European cryptocurrency exchange with a strong emphasis on user-friendliness, regulatory compliance, and a streamlined experience. It targets both beginners and experienced users, offering a range of crypto assets, tokenized assets, and convenient saving plans. If you prioritize easy access to crypto within a regulated European framework, Bitpanda warrants close consideration.
Bitpanda Assets & Features
Fiat Support
Multiple currencies within the European Economic Area (EUR, GBP, CHF, etc.) with various deposit and withdrawal options.
Trading Tools
Interface types: Clean and intuitive web-based platform and a well-designed mobile app.
Order Types: Market, limit, stop-limit, and recurring buy options.
Tokenized Assets: Exposure to stocks, precious metals, and crypto indices.
Additional Features
Bitpanda Savings Plan: Automated recurring crypto investments.
Bitpanda Card: Visa debit card for spending crypto rewards earned on the platform.
Staking: Staking services for a selection of cryptocurrencies.
Bitpanda Fees & Security
Fee Structure
Spreads: Trading fees are built into the buying and selling prices of cryptocurrencies and can vary across assets.
Additional fees: May apply for certain deposit and withdrawal methods and for features like the Bitpanda card.
Security
Security measures: 2FA, cold storage, regulated status with an emphasis on compliance.
Holds a PSD2 payment service provider license for added oversight.
Bitpanda Customer Support
Channels
Help center, email, contact form, and an active social media presence.
Availability & Responsiveness
User reports on support quality can be mixed, with some citing long wait times.
Should You Consider Bitpanda for Your Crypto Needs?
Bitpanda could be a strong fit if the following aspects are important to you:
European Focus
Designed with the needs of European investors in mind, offering convenient fiat on-ramps and a regulated environment.
Ease of Use
Prioritizes a straightforward user experience, especially for beginners.
Financial Ecosystem
Offers features like savings plans, tokenized assets, and a debit card, providing more ways to interact with both crypto and traditional assets.
Potential for Higher Spreads
It’s important to compare prices across other exchanges as Bitpanda’s spread-based fees might be slightly higher in certain cases
How to track Bitpanda assets?
Monitor and capitalize all your Bitpanda assets with auto-synced data about coin prices, NFT floor prices, advanced analytics and custom asset based opportunities.
Easy guide to track and capitalize all your Bitpanda assets
Use the Hodlezz mobile app to get more out of your CEX assets
Open the Hodlezz mobile app and create a portfolio
Select the settings icon in your portfolio
Select [Add connector] from the menu
Select [Bitpanda] to sync all your Bitpanda assets
Choose a name for your connector and insert your public and secret key of your Read-only API
Start tracking all your crypto assets now
Experience seamless management of your digital assets with Hodlezz: the premier app for real-time tracking and analytics of your cryptocurrencies and NFTs.