Bitpanda Review: Scam and Fake or not?

Posted on 22-08-2023 , by: totaldigital , in , 0 Comments

Bitpanda Review: Scam and Fake or not?

Bitpanda is a well known crypto exchanges from Austria with a lot of different products. They offer their own crypto card with cashback, savings plans, a learning section, their own token BEST, and much more.

But is Bitpanda a scam?

No, it is not: According to our experience and review, Bitpanda is a safe crypto exchange.

About Bitpanda

This is everything you need to know about this crypto exchange at a glance:

Name Bitpanda
Company Bitpanda GmbH
Address Stella-Klein-Löw-Weg 17, 1020 Wien, Austria
CEO Paul Klanschek, Eric Demuth
Founder Paul Klanschek, Eric Demuth, Christian Trummer
Founded 2014
Contact Ticket System
Cryptocurrencies 125+
Markets Spot, Stocks, ETFs
Services Crypto Index, Savings Plans, Instant Swaps, Bitpanda Pay, Card, Bitpanda Pro, API
Promotions Card with Cashback, Discounts and Rewards for BEST Holders
Payment Methods Credit Cards, Wire Transfer, giropay, Sofort, Skrill
Fees 1.49% for buying or selling bitcoin, several discount options (like Bitpanda Pro with 0.05% to 0.10% maker fees and 0.065% to 0.15% taker fees), other fees might apply for different services
App Bitpanda, available for iOS and Android
KYC $2.500 to $500.000 per day (depending on the payment methods) and $300.000 to $5.000.000 per month for verified users
Languages English, German, French, Turkish, Spanish, Italian, Polish

What profi say about Bitpanda and crypto investing:

Heinrich Hase

Bitpanda, established in 2014 and headquartered in Vienna, Austria, has become a cornerstone in Europe's cryptocurrency market. It offers a range of services beyond just cryptocurrency trading, including precious metals trading and a multitude of payment options. Lauded for its user-friendly interface, Bitpanda has made crypto investment accessible to a broad audience. As a fully regulated entity, it emphasizes transparency and security, instilling confidence among its user base. Though Bitpanda is a legitimate and intuitive platform, the multifaceted world of cryptocurrencies can still pose challenges to newcomers. For those less versed in trading intricacies, there are automated trading bots or platforms where seasoned brokers manage trades. By leveraging such expertise, many individuals invest amounts like $250-500 and, under the right circumstances, witness daily profits that can reach $1500. Yet, with the unpredictability of the crypto domain, due diligence and prudence remain indispensable.