Bitpanda Review: Best Crypto European Exchange?

BitPanda is a cryptographic money trade based out of Austria that essentially benefits the European monetary region. The trade was established in 2014 and has since become quite possibly the most well-known digital currency trades in Europe for the buying and selling of Bitcoin. The trade is extremely appealing to numerous as it gives an exceptionally natural and simple-to-utilize interface for purchasing and selling digital forms of money. Also, the trade offers a wide assortment of installment alternatives that make it simple for fledgling cryptographic money aficionados to purchase digital currencies like Bitcoin.

Guidelines

The BitPanda digital money trade isn’t managed by any legitimate administrative specialists. Notwithstanding, this isn’t anything to stress over as most other cryptographic money trades have figured out how to get directed. As the cryptographic money industry acquires standard appropriation, governments will force guidelines and numerous digital currency trades like BitPanda will probably get managed.

Dependability

Despite the fact that BitPanda is certifiably not a controlled trade, the organization is still profoundly legitimate and has had next to no bad things to say since its dispatch in 2014. There have never been any hacks or loss of assets caused by the BitPanda trade, and most of the clients have only beneficial comments about the BitPanda digital money trade. Additionally, the trade won an honor in 2016 for being an effective new business.

Deposits and Withdrawals Options

The BitPanda exchange provides traders with a large variety of payment and withdrawal methods. This is the one area the exchange stands out from the rest very strongly. See below a list of the available payment and withdrawal methods:

Fiat Currency (Euros)

Mastercard
Visa
Sofort
EPS
Giropay
Neteller
Skrill
SEPA transfer

Cryptocurrencies

Bitcoin (BTC)
Ethereum (ETH)
Dash (DASH)
Litecoin (LTC)
Bitcoin Cash (BCH)
Ripple (XRP)

Account Types

BitPanda offers their traders three types of accounts, each with different limitations and levels of verification requirements. See the account types overviewed below:

Starter Level

This account only requires users to verify their email.
Daily buy/sell limits are 1,000 EUR
Monthly buy/sell limits are 7,500 EUR
Total buy/sell limits are 30,000 EUR

Bronze Level

This account requires users to verify their mobile phone number in addition to their email.
Daily buy/sell limits are 1,500 EUR
Monthly buy/sell limits are 10,000 EUR
Total buy/sell limits are 50,000 EUR

Gold Level

This account requires users to verify their account with a government-issued photo ID which is confirmed with IDNow or through video using verify-U.
Daily buy/sell limits are 15,000 EUR
Monthly buy/sell limits are 300,000 EUR
Total buy/sell limits are 1,500,000 EUR

Exchanging Platforms

The exchanging stage offered by BitPanda is shortsighted and restricted in the administrations and highlights they give. Fundamentally, the stage must be utilized for the purchasing and selling of digital forms of money at the current cost. Dealers can just utilize the stage for trading fiat cash for digital currency and the other way around. The stage isn’t utilized for dissecting diagrams or market information, yet rather for basically purchasing and selling cryptographic money. That being said, the exchanging stage is all around planned and simple to utilize. BitPanda does a generally excellent occupation at giving an instinctive interface to novice digital currency financial backers to purchase and sell cryptographic forms of money.

Reward and Promotions

Shockingly, BitPanda doesn’t offer their clients any kind of rewards or advancements for utilizing their foundation. It appears like BitPanda acquires sufficient consideration and customer base by being one of the least demanding and most advantageous hotspots for purchasing and selling cryptographic forms of money in Europe.

Client care

BitPanda uses a help ticket framework in which clients round out an online structure that is shipped off the help agents through email. Backing through this strategy is moderately quick and is accessible day in and day out. Notwithstanding the client care through email, the site additionally has an assistance place where brokers can see questions and their answers that have been helpfully coordinated under different points.