[Update] Your investment, your assets Why your money is safe with Bitpanda

We have all lived through the recent turmoil in the crypto world, from liquidity issues and bear market issues to cryptocurrency instability and crypto ownership turmoil.

As always, Bitpanda wants to be transparent with you and give you a clear view of how Bitpanda does things.

Read on to find out how Bitpanda keeps your money safe.

Go to Bitpanda’s Official Website

Who do your assets belong to?

When you invest with Bitpanda, you do it. You are the beneficial owner of your assets and Bitpanda keeps them in custody, as custodians.

It’s your investment, your assets, Bitpanda just keeps them safe.

All assets are kept in a highly secure environment.

As a result, if something goes wrong, you cannot be treated as an unsecured creditor and you do not risk losing your assets.

Instead, you exercise the right of withdrawal under Austrian law.

So if you want to transfer your money, trade it or invest it is your investment, your decision.

Open Bitpanda’s Account for free

How can you transfer assets to Bitpanda?

Do you want to keep your assets safe? At Bitpanda, they will be happy to guard them for you.

This is what you have to do:

  • Log in to Bitpanda from the web.
  • Click on “Deposit”.
  • Select “Cryptocurrencies” and choose the crypto you want to bring.
  • Click on “Create a new address”.
  • Use this deposit address to transfer your assets securely to Bitpanda (Always check three or more times that the assets sent are compatible so that they are not lost).

Go to Bitpanda’s Official Website

Bitpanda is safe, secure and regulated

The safety of all clients and their assets is Bitpanda’s top priority.

The Bitpanda Group strictly follows European law and regulation, and Bitpanda GmbH is a registered Digital Asset Service Provider (VASP) with the Financial Markets Authorities of Austria, France, Spain, Italy, the Czech Republic and Sweden.

Bitpanda Payments GmbH holds a payment service provider license under the PSD2 directive, recently becoming an Electronic Money Institute and Bitpanda Financial Services GmbH holds a MiFID II investment firm license with strict user verification processes fully compliant with the AML5 directive.

Bitpanda also operates in accordance with the EU General Data Protection Regulation (GDPR) with strict security measures that meet high international security standards.

Go to Bitpanda’s Official Website