Bitpanda Review 2025: A Comprehensive Guide to Trading, Security, and Investment Strategies

Summary Overview

>> Buy and sell cryptocurrencies on Bitpanda <<

**75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Investing in cryptoassets is subject to regulation in the EU under the Markets in Crypto-Assets (MiCA) framework. In the UK, cryptoasset activities are currently unregulated, offering no consumer protection. Your capital is at risk.

– Please note that this content is not intended for US users and may not comply with US regulations. –

Bitpanda: A Leading European Exchange

In recent years, Bitpanda has rapidly gained popularity, becoming one of the leading cryptocurrency exchanges not only in Europe but worldwide. Founded in 2014 by Eric Demuth, Paul Klanschek, and Christian Trummer, Bitpanda quickly rose to prominence thanks to its user-friendly platform and wide range of trading options. The company is headquartered in Vienna, Austria and operates under strict regulatory frameworks in the European Union, ensuring compliance and user protection.

Bitpanda specializes in cryptocurrency trading, offering spot trading, staking, and savings plans. Unlike many other platforms, Bitpanda has one of the most extensive selections of cryptocurrencies, currently listing over 250 different cryptocurrencies and trading pairs. This includes major assets like Bitcoin (BTC), Ethereum (ETH), and Polkadot (DOT) as well as smaller, emerging tokens.

Bitpanda is known for its strong security measures, competitive fees, and innovative features. It also provides advanced tools for both beginners and experienced traders, including automated savings plans, staking options, and access to fractional shares and precious metals.

What cryptocurrencies can I buy on Bitpanda?

Bitpanda currently offers over 250 cryptocurrencies for trading. This includes major coins like:

Bitpanda fees and charges

Bitpanda offers transparent and competitive fees, which are easy to find in the general information section. As of 13.03.2025, Bitpanda charges the following fees for cryptocurrencies:

Cryptocurrency/Pair	Spread	Sell	Buy
Bitcoin (BTC)	0.15%	-42,356.00	-42,356.00
Ethereum (ETH)	0.15%	-2,345.00	-2,345.00
Cardano (ADA)	0.20%	-0.63	-0.63
Polkadot (DOT)	0.20%	-4.50	-4.50
Solana (SOL)	0.25%	-140.00	-140.00
Ripple (XRP)	0.30%	-0.72	-0.72
Dogecoin (DOGE)	0.30%	-0.15	-0.15
Litecoin (LTC)	0.20%	-85.00	-85.00

Note that the above fees apply only to leveraged buy positions, as well as all sell positions and all crypto pair positions (but not to buy “real” cryptocurrencies without leverage). Furthermore, there is a handling fee for the payments. You will see the respective withdrawal fee in the cashier area after you have entered the withdrawal amount. For payouts greater than 50 EUR, this is 2.5 USDT.

Since all trading accounts are denominated in euros (and not US dollars), a conversion fee is also charged for deposits and withdrawals. That’s why your deposit will be converted into euros immediately. This happens at the current exchange rate. If you want to use the Bitpanda Wallet, there will be additional transaction fees if you send your cryptocurrency from the platform to the mobile app. More details about the mobile app/wallet from Bitpanda can be found below.

Cryptocurrency	Min. Payout Amount	Fee
Bitcoin (BTC)	0.001 BTC	0.0005 BTC
Ethereum (ETH)	0.01 ETH	0.0008 ETH
Ripple (XRP)	20 XRP	0.25 XRP
Litecoin (LTC)	0.01 LTC	0.001 LTC
Polkadot (DOT)	1 DOT	0.1 DOT
Stellar Lumens (XLM)	10 XLM	0.01 XLM

In addition, Bitpanda does not charge an inactivity fee. However, fees are subject to change without notice.

How do I set up a Bitpanda account?

The first step in setting up an account with Bitpanda is to go to the official website bitpanda.com. Once on the homepage, click on the blue “Register” button at the top right corner of the page.

Add these details:

• Email address or mobile phone number
• Password
• Referral code (optional)
• Next, click on the “Create Account” button.

Bitpanda will then send you a verification code to your email or phone number to confirm your identity. Enter the code to verify your account.

It’s quick and easy to set up your Bitpanda account.

Identity Verification and Purchase Limits for Cryptocurrencies

After you have successfully completed the registration process, you will automatically be logged into your Bitpanda account. Your current account will have certain deposit and withdrawal limits since your identity has not yet been verified. For example, unverified accounts typically have a daily withdrawal limit of 0.05 BTC or its equivalent in other cryptocurrencies.

To unlock higher limits and access the full range of features on Bitpanda, you need to complete the Know Your Customer (KYC) process. This includes verifying your identity, address, and in some cases, tax identification number. This process is required to comply with international anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.

Verification is completely free and can be done in just a few simple steps:

1. Go to your profile and click on “Verify”.
2. Submit the required documents, which may include:
   • Government-issued ID (passport, national ID card, or driver’s license)
   • Proof of address (utility bill or bank statement)
   • A selfie or facial recognition to confirm your identity
3. Once submitted, Bitpanda will process your documents, and verification is usually completed within 24 to 48 hours.

Once your identity is verified, your account limits will be increased. For example, fully verified accounts can withdraw up to 100 BTC per day and access higher deposit and trading limits.

Payment Method	Supported Countries	Transfer Time	Maximum per Transaction
Credit/Debit Card	Europe	Instant	€10,000
Bank Transfer (SEPA)	Europe	1–3 Business Days	Unlimited
Skrill	Available in select countries	Instant	€10,000
Neteller	Available in select countries	Instant	€10,000
Sofort	Europe	Instant	€5,000
Giropay	Germany	Instant	€5,000
Apple Pay / Google Pay	Available in select countries	Instant	€10,000

How to Purchase Digital Assets on Bitpanda

Bitpanda has the special feature that both “real” cryptocurrencies and tokenized assets can be purchased and traded on the platform. Bitpanda allows you to buy not only cryptocurrencies but also fractional shares, ETFs, and precious metals directly through the platform.

To trade on Bitpanda, you must remember the following:
All buy positions in spot trading are executed as real investments. When you purchase a cryptocurrency through spot trading on Bitpanda, you are buying the actual asset. Bitpanda holds the cryptocurrency in your account, and you have the option to transfer it to an external wallet or keep it within your Bitpanda wallet.

Bitpanda also offers the ability to set up automated savings plans, allowing you to invest in cryptocurrencies or other assets at regular intervals. This helps you build up your investment over time while benefiting from the cost averaging effect.

Bitpanda offers up to 10x leverage on certain crypto contracts, allowing traders to amplify potential returns. However, it also increases the risk of significant losses if the market moves against the position. When trading derivatives, you are not acquiring the underlying cryptocurrency but instead entering into a contract reflecting its market value.

By providing both spot and derivatives trading, Bitpanda allows users to engage in different trading strategies — from direct ownership of crypto assets to leveraged trading.

>> Buy and sell cryptocurrencies on Bitpanda <<

**75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Investing in cryptoassets is subject to regulation in the EU under the Markets in Crypto-Assets (MiCA) framework. In the UK, cryptoasset activities are currently unregulated, offering no consumer protection. Your capital is at risk.

Purchase ‘Actual’ Digital Assets on Bitpanda

To buy actual cryptocurrency (not a futures contract) on Bitpanda, you must first click on “Markets” in your account, then select “Spot” and then the desired cryptocurrency, e.g., Bitcoin (BTC). The following screenshot shows you an example of the process:

The button ‘Buy’ stands for buying Bitcoin and ‘Sell’ for selling Bitcoin. Click on the “Buy” button in the Bitcoin line. A new window will then open.

You don’t need to make any other settings except to enter your desired amount in euros (or other supported fiat currencies). You can choose between different order types:

• Market Order – Buy instantly at the current market price.
• Limit Order – Set the price at which you want to buy.
• Stop-Limit Order – Set a stop price that triggers a limit order when reached.

As soon as you click “Buy”, the order will be placed. Your transaction will then be executed within a few seconds.

Under “Wallet” or “Portfolio”, you can now see your bought cryptocurrency and have the option to buy or sell more, as well as track the price trend.

Buy Cryptocurrency Futures

To buy cryptocurrency futures on Bitpanda, you need to select “Derivatives” from the trading menu. After that, you will see the trading interface:

Here you set the amount of money you want to invest in the trade. Then you have to adjust the leverage multiplier — Bitpanda offers leverage up to 10x on certain cryptocurrencies. You should carefully adjust the leverage based on your risk tolerance.

You should then check your Stop Loss and Take Profit settings:

• Stop Loss – Close a trade if the price reaches a specific market price or loss threshold. This helps limit potential losses.
• Take Profit – Close a trade automatically when the profit reaches a predetermined target. This helps lock in gains.

After configuring your order, you can click “Open Trade”. The trade will be executed immediately when the market is open.

It’s important to note that Bitpanda charges funding fees for futures contracts. These fees are calculated based on the difference between the contract price and the spot price and are settled every 8 hours. The applicable fees will be displayed in the trading window before you place your order.

How does Social Trading & CopyTrading work with Bitpanda?

CopyTrading at Bitpanda

Bitpanda’s Copy Trading feature allows users to automatically copy the trades of experienced traders, known as Lead Traders. This feature enables users to benefit from the expertise of successful traders without needing to develop their own complex strategies.

Both the CopyTrader and Portfolio Copying features are supported by Bitpanda’s large user base. Users can select a Lead Trader based on detailed performance data, including past returns, risk levels, and trading strategies.

How Bitpanda Copy Trading Works

• Users choose a Lead Trader based on their performance, trading style, and historical success rate.
• After selecting a trader, users specify the amount they wish to invest.
• Once activated, all trades made by the copied trader are replicated in real-time in the user’s account.
• Bitpanda handles the creation and execution of positions, ensuring there is no delay in trade execution.

Minimum and Maximum Investment Amounts

• Minimum Investment Amount: €10 (per copied trader)
• Maximum Investment Amount: €500,000 (per copied trader)
• Minimum Trade Amount: €1

Manual Adjustments

Users can also manually modify their copy trading settings:

• If a copied position is not performing well, it can be closed manually.
• Adjusting Stop Loss (SL) and Take Profit (TP) settings is possible at any time.
• When a manually closed position is credited, the funds are returned to the copy trading pool.

Important Aspects to Consider:

• Existing open positions are copied at current market prices, not at the original trade entry point.
• Trades reflect the same Stop Loss (SL) and Take Profit (TP) as the original trader’s strategy.
• Changes in SL and TP made by the copied trader will also be reflected in the copied trade.

Copy Stop Loss (CSL) Function

One of the most important risk management tools on Bitpanda is the Copy Stop Loss (CSL) feature. This allows users to set a stop loss independently of the copied trader’s settings:

• The default CSL is set at 30% of the invested copy value.
• For example, if you invest €1,000 to copy a trader, the CSL will automatically stop trading if your capital drops to €300.
• The CSL value can be adjusted between 5% and 95% of the total investment.

✅ Example:

• If you copy a trader with €1,000 and set a CSL at 30%, the system will close all open trades if your total value drops to €300.
• This protects your capital from excessive losses and allows for greater risk control.

Bitpanda’s Copy Trading feature provides a powerful way to automate trading strategies and benefit from the expertise of top-performing traders.

How Do Bitpanda Strategy Portfolios Work?

Bitpanda Strategy Portfolios work similarly to Copy Trading but focus on long-term investments. Instead of copying individual traders, Strategy Portfolios combine multiple assets into a single professionally managed portfolio.

Types of Strategy Portfolios:

• Market-Based Portfolios – Track specific market segments (e.g., DeFi, Layer-1 blockchains).
• Thematic Portfolios – Focus on specific themes such as green energy, AI, or emerging markets.

How It Works:

1. Select a portfolio based on your goals and risk tolerance.
2. Bitpanda automatically manages and rebalances the assets.
3. Monitor performance and adjust anytime.

Investment Details:

• Minimum Investment: €500
• Default Stop Loss: 10% (can be adjusted)

✅ Benefits:

✔️ Professionally managed
✔️ Automated rebalancing
✔️ Diversification and risk control

Bitpanda Strategy Portfolios offer an easy way to diversify investments and benefit from expert management.

How Can I Sell Cryptocurrencies on Bitpanda?

Bitpanda allows you to sell your cryptocurrencies and withdraw funds anytime. To sell crypto on Bitpanda:

1. Go to “Markets” and select the cryptocurrency you want to sell.
2. Choose the order type (Market, Limit, or Stop-Limit).
3. Enter the amount you want to sell and click “Sell.”
4. The funds will be credited to your Bitpanda account instantly once the trade is completed.

Withdrawal Process

• You can withdraw your balance (in fiat or crypto) to a verified bank account or wallet.
• Processing time depends on the payment method (usually within 1 working day).
• Withdrawal fees vary depending on the cryptocurrency and payment provider.

Minimum Withdrawal Amounts

• Bitcoin (BTC): 0.001 BTC
• Ethereum (ETH): 0.01 ETH
• Ripple (XRP): 20 XRP
• Litecoin (LTC): 0.01 LTC

Bitpanda Wallet

Bitpanda provides a secure wallet to store, transfer, and manage your cryptocurrencies.

• You can transfer funds to your Bitpanda Wallet via the “Portfolio” tab.
• The transfer process may take up to 1 business day to reflect on the blockchain.
• A small network fee applies when transferring to an external wallet.

Once transferred, the position will be closed on Bitpanda, and the crypto will appear in your wallet. Coins transferred from Bitpanda cannot be moved back to the exchange.

Customer Support

Bitpanda provides 24/7 customer support through:

• Live Chat – Immediate response from customer service agents.
• Support Tickets – For more detailed issues.
• Help Center and Community Forum – For FAQs and user discussions.

Our experience with Bitpanda’s support has been positive, with fast response times and knowledgeable agents.

Security Incidents

Bitpanda has maintained a strong track record in security with no major breaches to date. The platform employs strict security protocols, including two-factor authentication (2FA), cold wallet storage for most assets, and regular security audits to ensure user protection.

Bottom Line

Bitpanda is one of the leading and most trusted cryptocurrency exchanges in Europe. With over 250 cryptocurrencies available for spot trading and staking, Bitpanda offers one of the most user-friendly and comprehensive selections in the market.

From our perspective, Bitpanda stands out as the best choice for both spot trading and automated investing. The platform’s competitive fees, strong security measures, and user-friendly design make it ideal for both beginners and experienced traders.