Bitpanda information
Description
Bitpanda, based in Austria, is a regulated provider of cryptocurrencies and tokenized precious metals. Bitpanda is a web wallet for Bitcoin, Ethereum, DASH and many other well-known cryptocurrencies. The savings plan function and many payment options with the provider are particularly exciting.
Usability
Bitpanda is definitely aimed at beginners in the cryptospace. The simple operation of the platform and the quick verification process make Bitpanda a great wallet for beginners. The price for this simplicity and the many deposit options can be found in the fees.
Precious metals
Not only is the crypto wallet at Bitpanda particularly exciting, in the account you can easily buy gold and other precious metals and manage them in the account. Bitpanda is one of the first regulated providers with such an integration.
Notoriety
Bitpanda is now one of the most famous providers in the world. New markets such as Turkey are already being approached successfully. The platform is developing into one of the leading providers on the market, not least with its new exchange.
Questions & answers
We have summarized the most important questions and answers about this provider for you and tried to answer them.
- What is Bitpanda Pro?
- What is the BEST token?
- Why is my withdrawal delayed?
- What are the fees at Bitpanda?
- Is Bitpanda reputable?
What is Bitpanda Pro?
With the Bitpanda Pro exchange, Bitpanda serves a different audience than its first platform. Bitpanda Pro is aimed at professional traders and offers interfaces and corresponding trading tools. For the classic Hodler there is only one advantage here arising from the lower fees. It is definitely worth taking a look at the platform before making a major exchange or purchase.
What is the BEST token?
The BEST token is Bitpanda's own utility token. You can use this to save fees when buying your coins. Many users in the cryptospace are familiar with the best-known example of such a token in the form of the BNB token from the Binance exchange.
Why is my withdrawal delayed?
Sometimes Bitpanda has to do a check before making a withdrawal. Such manual checks serve to protect customers. If, for example, you have entered an incorrect password several times before logging in, there will be greater scrutiny at the next payout.