Bitpanda

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Bitpanda is an Austrian cryptocurrency exchange that specialises in selling and buying Bitcoins and other cryptocurrencies. Bitpanda.com is a fully automated platform: As soon as payment is confirmed, the Bitcoins and other cryptocurrencies are automatically sent to the buyers.

Bitpanda Review[edit]

Buy and Sell Bitcoins using BitPanda

Bitpanda (formerly known as Coinimal) is a cryptocurrency start-up from Vienna. So far, the company has proposed the purchase of Dash, Litecoin, Bitcoin and Ethereum. Today, Bitpanda announced the full integration of Bitcoin Cash (BCH), adding a fifth coin to its customers.

Bitpanda includes personal wallet and trading platform, which allows users to buy and sell cryptocurrencies with the Euro, credit cards, services Skrill, SEPA, etc. Before the fork in the network of bitcoin, the company announced that customers who left the funds on the platform before August 1, must be added to the BCH. Now because of the" high demand " for Bitcoin Cash Bitpanda offers full BCH support .

In addition to providing full BCH support on the marketplace, that new coins will also be available at the Austrian post offices. Last summer, the company showed that customers using Bitpanda To Go can use digital currencies with more than 1,700 email partners. In any place of the email partner, users can exchange cash for cryptocurrency in the amount of 50€, 100 € or 500 €.

  • Founders: Eric Demuth, Paul Klanschek, Christian Trummer
  • Location: Vienna, Austria
  • Post frequency: about 1 post per month
  • Facebook fans: 2,372
  • Twitter fans: 1,040
  • Alexa rating: 43,961

Bitpanda fees[edit]

BitPanda tacks on fees to your buy price when you purchase cryptocurrency. Some users of BitPanda have verified that the broker offers lower fees, although the fee structure is not disclosed publicly.

At 5%, BitPanda’s credit card fee is significantly higher than other exchanges, such as Coinbase (3.74%) and CEX.IO (3.5%). If you are selling cryptocurrency, you must also add a miner fee onto the sale price to ensure that BitPanda processes it.

Advantages[edit]

  • Low fees for the purchase of bitcoins through Visa / Mastercard debit or credit cards for residents of Europe.
  • A large selection of payment methods.

Disadvantages[edit]

  • The fee is not displayed to users, they are immediately included in the price.
  • Available payment methods
  • BitPanda offers a wide variety of payment methods

The countries covered[edit]

Bitpanda supports only the most European countries. Users from the USA or outside Europe couldn't use Bitpanda.

See Also on BitcoinWiki[edit]

External links[edit]