Discover trading on Bitpanda, your gateway to cryptocurrencies and precious metals with diverse payment options and unique tokens.
Bitpanda exchange service review. Table of Contents
- What is the cryptocurrency exchange Bitpanda?
- Company Information of Bitpanda
- Services available at Bitpanda
- Bitpanda, a hybrid exchange where you can buy both cryptocurrencies and gold
Bitpanda is a comprehensive cryptocurrency exchange based in Vienna, Austria, offering services since 2014 and hosting over 1 million users. It allows trading around 30 types of cryptocurrencies, including Bitcoin and Ripple, and also facilitates the purchase of precious metals like gold and silver. The platform supports multiple payment options, including Visa and online wallets like Neteller and Skrill, enhancing accessibility for global users. Bitpanda also features its own cryptocurrency, the Bitpanda Ecosystem Token (BEST), which offers discounts on transaction fees and various other benefits. Additionally, Bitpanda provides innovative services like Bitpanda Swap for currency conversion and Bitpanda Pay for transferring money to Euro accounts.
| Feature | Description |
|---|---|
| Founded | Vienna, Austria in 2014 |
| Cryptocurrencies Available | 30 types, including Bitcoin, Ripple, and Ethereum |
| Additional Offerings | Precious metals like gold and silver |
| Special Features | Bitpanda Ecosystem Token (BEST), Bitpanda Swap, Bitpanda Pay |
| Payment Options | Visa, Mastercard, Neteller, Skrill |
What is the cryptocurrency exchange Bitpanda?
Bitpanda is a cryptocurrency exchange that started in Vienna, Austria in 2014.*1
At BitPanda, you can trade about 30 types of cryptocurrencies including Bitcoin and Ripple, as well as buy and sell cryptocurrencies and conduct direct market transactions.
An exchange where you can buy not only Bitcoin but also gold
Moreover, Bitpanda allows you to invest in precious metals such as gold (gold) and silver (silver) in addition to cryptocurrencies.
At Bitpanda, you can buy gold with cryptocurrencies (digital assets).
Bitpanda is a hybrid cryptocurrency exchange that handles both ‘cryptocurrencies’ and ‘precious metals’ such as gold and allows for buying, selling, and electronic payments.
Visit the official Bitpanda website here
Company Information of Bitpanda
The company information for the cryptocurrency exchange Bitpanda is as follows.
| Name of the Cryptocurrency Exchange | Bitpanda |
|---|---|
| Name of the Operating Company | Bitpanda GmbH |
| Year Founded | 2014 |
| Company Address | Vienne, Austria (Campus 2, Jakov-Lind-Straße 2 1020 Vienna | Austria) |
| Commercial Registration Number | FN 423018 k |
| Number of Users | More than 1,000,000 |
| Group Companies | Bitpanda Metals GmbH, Bitpanda Payments GmbH |
For the latest detailed company information of Bitpanda, please check the ‘About’ or ‘Legal Notice’ sections on the official Bitpanda website.
Visit the official Bitpanda website here
Founded in Vienna in 2014. A cryptocurrency exchange used by over 1 million people
Bitpanda was founded in 2014 and now has over one million traders worldwide.
“Bitpanda is a fintech based in Vienna, Austria and was founded in 2014 by Eric Demuth, Paul Klanschek, and Christian Trummer. Bitpanda has 1 million users and more than 120 team members. With a PSD2 payment service provider licence, state-of-the-art security and streamlined user experience, Bitpanda has grown into a popular trading platform for newbies and experts alike. Users can currently trade Bitcoin, Ethereum, gold, and over 30 other digital assets.” – Information from the ‘About’ page on the Bitpanda official website
Bitpanda is a cryptocurrency exchange that operates under strict European financial regulations, not offshore registration.
Support is available 24/7, 365 days a year in 37 countries with a multinational team of over 135, enabling the purchase, sale, and trading of cryptocurrencies anytime. *3
Services available at Bitpanda
The services offered by the cryptocurrency exchange Bitpanda can mainly be divided into the following five categories.
- “Bitpanda Platform” where you can buy and sell cryptocurrencies
- “Bitpanda Global Exchange” where you can trade with others
- Bitpanda also issues an original token ‘BEST’
- “Bitpanda Metals” where you can buy gold and silver
- Online wallet features such as “Bitpanda Savings”
Visit the official Bitpanda website here
1. “Bitpanda Platform” where you can buy and sell cryptocurrencies
Bitpanda Platform is a cryptocurrency sales outlet.
You can buy or sell cryptocurrencies like Bitcoin.
Cryptocurrencies available for trading include about 30 types such as Bitcoin and Ripple
The cryptocurrencies that can be bought and sold on the Bitpanda Platform include about 30 types (as of October 2019).
- Bitcoin (BTC)
- Ethereum (ETH)
- Ripple (XRP)
- Bitcoin Cash (BCH)
- Tether (USDT)
- Litecoin (LTC)
- EOS
- TRON (TRX)
- Stellar (XLM)
- Cardano (ADA)
- Chainlink (LINK)
- IOTA (MIOTA)
- NEO
- Dash
- Cosmos (ATOM)
- Ethereum Classic (ETC)
- Tezos (XTZ)
- USD Coin (USDC)
- NEM (XEM)
- Basic Attention Token (BAT)
- ZCash (ZEC)
- 0x (ZRX)
- OmiseGO (OMG)
- Augur (REP)
- Lisk (LSK)
- Waves
- Komodo (KMD)
- Bitpanda Ecosystem Token (BEST)
- Pantos (PAN)
The latest prices for the above cryptocurrencies sold by Bitpanda can be checked in the ‘Prices’ section under ‘All digital assets’ on the official website.
Visit the official Bitpanda website here
Payments can be made using VISA cards or popular online wallets
You can purchase cryptocurrencies at Bitpanda using credit and debit cards such as VISA and Mastercard.
Bitpanda also offers popular online wallets such as Neteller and Skrill as payment methods.
Open a free BitPanda account here
2. “Bitpanda Global Exchange” where you can trade with others
The second platform offered by Bitpanda is the Bitpanda Global Exchange.
The Bitpanda Global Exchange is a cryptocurrency exchange where you can trade cryptocurrencies with other traders.
Bitpanda uses the services of TradingView
The trading prices provided on the Bitpanda Global Exchange are delivered by TradingView, which is also used by overseas FX brokers.
Bitpanda especially recommends trading in ‘Euro Cross cryptocurrency pairs’ with high liquidity.
Open an account at Bitpanda here
3. Bitpanda also issues an original token ‘BEST’
Bitpanda, which provides services as both a cryptocurrency exchange and sales outlet, also issues its own cryptocurrency token.
Bitpanda’s original cryptocurrency: Bitpanda Ecosystem Token (BEST)
Using BEST, you can get a 25% discount on transaction fees and other charges at Bitpanda
“Get discounts on trading fees and a wide range of benefits within the Bitpanda ecosystem. By investing in BEST you will enjoy up to 25% fee reduction on trading fees (feature coming Q4 2019), gain priority access to the upcoming Bitpanda Launchpad and future products.” – Information from the ‘Bitpanda Ecosystem Token’ page on the Bitpanda official website
From the end of 2019, Bitpanda plans to offer a reward where traders who hold Bitpanda Ecosystem Token (BEST) will receive up to a 25% discount on transaction fees.
Bitpanda Ecosystem Token (BEST) can be traded on the Bitpanda Platform and the Bitpanda Global Exchange for cryptocurrency pairs such as BEST/EUR and BEST/USDT.
BEST holders are eligible for a bonus campaign according to the three-tier reward level
When you purchase Bitpanda’s original cryptocurrency Bitpanda Ecosystem Token (BEST), you can receive rewards according to the amount you hold.
- Level 1 (5 BEST or more): Special gifts and more
- Level 2 (50 BEST or more): Discounts on deposit and withdrawal fees and more
- Level 3 (500 BEST or more): Further discounts on deposit and withdrawal fees and more
Visit the official Bitpanda website here
4. “Bitpanda Metals” where you can buy gold and other metals
One of the significant features of the cryptocurrency exchange Bitpanda is that you can purchase precious metals (metals).
- Gold
- Silver
- Platinum
- Palladium
At Bitpanda, you can build a portfolio with both cryptocurrencies and precious metals like gold and silver.
Open an account at BitPanda here
5. Online wallet features such as “Bitpanda Savings”
Furthermore, Bitpanda offers extensive online wallet features.
With Bitpanda Savings, once you open an account, you can set up a program to automatically purchase cryptocurrencies, allowing for long-term management of cryptocurrencies at Bitpanda.
“Bitpanda Swap” allows you to convert or cash out cryptocurrencies into other cryptocurrencies
Bitpanda also has a feature called Bitpanda Swap, which allows you to exchange one cryptocurrency for another.
For example, converting Bitcoin to Ethereum (Bitcoin → Ethereum)
Check on the official BitPanda website
With “Bitpanda Pay,” you can transfer money to Euro accounts
Bitpanda Pay is a feature that allows you to transfer funds from a Bitpanda wallet to an account denominated in Euros.
“Bitpanda To Go” where you can buy cryptocurrencies with checks purchased at the post office
Bitpanda To Go is a service that allows you to buy cryptocurrencies sold at Bitpanda with checks purchased at post offices, primarily in Austria.
Bitpanda offers other wallet-related services, so please check the official Bitpanda website for more information.
Visit the official Bitpanda website here
Bitpanda, a hybrid exchange where you can buy both cryptocurrencies and gold
Bitpanda is both a cryptocurrency exchange and sales outlet.
And since Bitpanda also allows you to buy precious metals such as gold and silver, it is recommended for those who want to manage a portfolio with both cryptocurrencies and precious metals.
Visit the official BitPanda website here
FAQs
- What is Bitpanda?
- Bitpanda is a cryptocurrency exchange based in Vienna, offering trading of cryptocurrencies and precious metals.
- What can you trade on Bitpanda?
- You can trade around 30 types of cryptocurrencies including Bitcoin and Ripple, and invest in metals like gold and silver.
- What are the payment options on Bitpanda?
- Bitpanda supports payments through Visa, Mastercard, Neteller, Skrill, and other online wallets.
- What is the Bitpanda Ecosystem Token (BEST)?
- BEST is Bitpanda’s own token, providing up to a 25% discount on transaction fees and additional rewards.
- Can you transfer money to Euro accounts from Bitpanda?
- Yes, with Bitpanda Pay, you can transfer funds to Euro-denominated accounts from your Bitpanda wallet.
- What is Bitpanda Swap?
- Bitpanda Swap allows users to exchange one cryptocurrency for another instantly on the platform.
- How can you buy cryptocurrencies at Bitpanda?
- Cryptocurrencies can be purchased using traditional money or by swapping other cryptocurrencies on Bitpanda.
- Are there any benefits for holding BEST?
- Yes, holding BEST grants discounts on trading fees, along with other benefits and rewards.
- What is Bitpanda Metals?
- Bitpanda Metals allows the purchase of gold, silver, platinum, and palladium directly through the platform.
- Can you buy cryptocurrencies with checks?
- Yes, in Austria, you can buy cryptocurrencies with checks purchased at post offices through Bitpanda To Go.
Please check Bitpanda official website or contact the customer support with regard to the latest information and more accurate details.
Bitpanda official website is here.
Please click "Introduction of Bitpanda", if you want to know the details and the company information of Bitpanda.
Comment by jetonwhy
February 16, 2025
Anyone else finding it weird that Deriv only allows deposits through Jeton and not bank transfers? They’ve removed crypto too, so now it’s just cards and Jeton. Kinda frustratin...