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Our review of Bitpanda crypto platform: 4.1/5

Pauline Laurore
P. Laurore updated on March 13, 2025

verified information

Bitpanda: A Summary

  • Extensive Asset Selection: Bitpanda offers access to over 3,000 assets, including cryptocurrencies, stocks, ETFs, commodities, and precious metals. This variety surpasses many other brokers that focus solely on crypto, allowing for diversified investment portfolios.
  • Regulated and Secure: The platform complies with European financial regulations and employs robust security measures, making it one of the more secure options for Canadian traders using international platforms.
  • User-Friendly Interface: Bitpanda's platform is intuitive and designed for both beginners and experienced traders. The simplified buying process, alongside advanced trading features on Bitpanda Pro, provides flexibility for different investor profiles.
  • Automated Investing and Staking: The platform provides crypto staking opportunities with competitive yields and an automated savings plan, allowing users to passively earn rewards.
  • Multiple Payment Options: Bitpanda supports various payment methods, including credit/debit cards, bank transfers, PayPal, and alternative e-wallets, providing Canadian traders with convenient funding choices.
  • Wide Range of Fiat Currencies: Unlike some exchanges that primarily operate in USD, Bitpanda supports multiple fiat currencies, including CAD, making it more accessible for Canadian traders
  • Limited Availability for Canadians: Bitpanda is primarily focused on the European market, and some services, including the Bitpanda Card, may not be available in Canada.
  • Higher Trading Fees: Compared to some global competitors, Bitpanda’s trading fees can be relatively high, especially for instant trades, which might deter high-frequency traders.
  • No Live Customer Support: The platform lacks phone or live chat support, which can make resolving urgent issues more time-consuming.
  • Mobile Platform Limitations: The professional-grade Bitpanda Pro trading platform is not fully optimized for mobile use, which might be a drawback for traders who prefer trading on the go.
  • Limited DeFi Features: Unlike some competitors, Bitpanda does not offer decentralized finance (DeFi) services such as lending, borrowing, or yield farming, which could limit opportunities for users interested in DeFi investments.
Table of Contents
  • Bitpanda in brief
  • Our opinion of Bitpanda
  • What types of accounts are available with Bitpanda?
  • How do deposits and withdrawals work with Bitpanda?
  • Does Bitpanda offer crypto staking?
  • How are revenues generated by Bitpanda taxed?
  • Contact: How to contact Bitpanda customer service?
  • FAQs
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Bitpanda in brief

FeatureDetails
💵 Minimum Deposit$ 10 CAD
🏛 RegulationsRegulated under European financial laws, but not registered in Canada
🇨🇦 CSA, IIROC, FINTRAC, Provincial Regulators Registration❌ No
🪙 Cryptos Available250+ cryptocurrencies
💰 ServicesStaking available, no lending or farming options
💳 Crypto Card❌ Not available
🎨 NFT Marketplace❌ Not available
📚 Training & Education✅ Available
💸 FeesTrading spread: 1.49% for crypto transactions
📞 Customer SupportEmail, ticket system (no phone or live chat)
Trustpilot Verified Reviews3.8/5 (12,232 reviews)
Bitpanda: Key Features Overview
💵 Minimum Deposit
Details
$ 10 CAD
🏛 Regulations
Details
Regulated under European financial laws, but not registered in Canada
🇨🇦 CSA, IIROC, FINTRAC, Provincial Regulators Registration
Details
❌ No
🪙 Cryptos Available
Details
250+ cryptocurrencies
💰 Services
Details
Staking available, no lending or farming options
💳 Crypto Card
Details
❌ Not available
🎨 NFT Marketplace
Details
❌ Not available
📚 Training & Education
Details
✅ Available
💸 Fees
Details
Trading spread: 1.49% for crypto transactions
📞 Customer Support
Details
Email, ticket system (no phone or live chat)
Trustpilot Verified Reviews
Details
3.8/5 (12,232 reviews)

Our opinion of Bitpanda

Bitpanda positions itself as a well-rounded investment platform, offering a diverse selection of assets, including cryptocurrencies, stocks, ETFs, commodities, and precious metals. We liked its clean and intuitive interface, which makes it easy for both beginners and experienced traders to navigate. The ability to trade a wide range of assets in one place is a significant advantage, especially for investors looking to build a diversified portfolio.

Security is a strong point, with advanced encryption, cold storage, and compliance with European financial regulations. We appreciated the platform’s regulatory transparency, which adds a layer of trust for users. Trading fees, however, could be more competitive. While the instant buy feature is convenient, the costs can be higher compared to some global competitors. On the other hand, Bitpanda Pro provides a more cost-effective option for active traders.

The staking service is a welcome addition, allowing users to earn passive income on their crypto holdings. We would have liked to see more decentralized finance (DeFi) features, such as lending and borrowing, which are available on other platforms. Customer support could also be improved, as the lack of live chat or phone support can be frustrating when dealing with urgent issues.

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Who is Bitpanda best for?

For Canadian traders, Bitpanda stands out as a solid choice for those who want a secure and regulated multi-asset investment platform. It is best suited to investors who prefer a straightforward user experience and the ability to invest in multiple asset classes rather than just crypto.

Before you zero in in Bitpanda, explore the best crypto trading platforms in Canada:

Compare the best cryptocurrency exchange platforms in Canada!Compare platforms now

Let's find out more about our test results on Bitpanda.

Reliability and Security 4.5/5

Bitpanda operates under multiple European financial licenses, making it a regulated and secure platform for investors. However, it is not registered with Canadian regulatory authorities such as the Ontario Securities Commission (OSC), the British Columbia Securities Commission (BCSC), or the Alberta Securities Commission (ASC).

While Canadian traders can use the platform, the absence of domestic regulatory oversight means it may not provide the same investor protections as locally registered brokers.

Security measures on Bitpanda include cold storage for crypto assets, two-factor authentication (2FA), and advanced encryption to safeguard user funds. These features contribute to a strong level of protection against unauthorized access and fraud.

Cryptocurrencies Available 4/5

Bitpanda has positioned itself as a versatile platform with a strong selection of digital assets. It offers a broad range of cryptocurrencies and altcoins, making it a competitive choice for traders looking for variety. While it excels in the number of available assets, it does not currently support NFT trading, which some competitors have begun to offer.

Below is a breakdown of the crypto asset diversity on Bitpanda compared to the market average:

Crypto TypeNumber OfferedMarket Average
Cryptocurrencies500+200-300
Altcoins500+200-300
NFTsNot OfferedVaries
Bitpanda Cryptocurrencies Available
Cryptocurrencies
Number Offered
500+
Market Average
200-300
Altcoins
Number Offered
500+
Market Average
200-300
NFTs
Number Offered
Not Offered
Market Average
Varies
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Our opinion on Bitpanda's offerings

Bitpanda’s extensive selection of cryptocurrencies and altcoins makes it a strong choice for traders seeking variety. However, the lack of NFT offerings slightly limits its coverage of the digital asset space.

Services and Tools 4.5/5

Bitpanda provides a variety of investment tools and services designed for different types of users, from beginners to more experienced traders.

  • Crypto Card: Bitpanda offers a Visa debit card that allows users to make purchases using cryptocurrencies, fiat currencies, or even precious metals. This feature provides flexibility for everyday spending.
  • Staking: Users can earn passive income by staking certain cryptocurrencies directly on the platform. The staking service is straightforward, with no complex technical requirements.
  • Automated Investing: The Bitpanda Savings feature enables users to set up recurring investments in cryptocurrencies or stocks, allowing for a hands-off approach to long-term investing.
  • Multi-Asset Investment: Beyond crypto, Bitpanda allows investments in stocks, ETFs, and precious metals such as gold and silver, making it a more diversified platform than many competitors.

However, some key features that advanced traders might expect are missing:

  • No Crypto Lending: Unlike some platforms that offer lending services where users can earn interest by lending out their crypto, Bitpanda does not provide this feature.
  • No Yield Farming: DeFi enthusiasts looking for high-yield farming opportunities will not find them on Bitpanda.
  • No Derivatives Trading: Futures and options trading are not available, limiting risk management and leverage opportunities for professional traders.

Fees and Commissions 4/5

Bitpanda positions itself as a user-friendly platform with a transparent fee structure. Instead of using a standard maker-taker model like many exchanges, it applies a premium to market prices for buying and selling cryptocurrencies. While this makes transactions straightforward, the fees can be higher than those of competitors, particularly for altcoins.

Below is a comparison of trading fees for some of the most commonly traded cryptocurrencies:

CryptocurrencyBitpanda FeeMarket Average
Bitcoin (BTC)1.49%0.10% - 0.50%
Ethereum (ETH)1.49%0.10% - 0.50%
Cardano (ADA)2.49%0.15% - 0.60%
Solana (SOL)2.49%0.15% - 0.60%
Bitpanda fees vs market average
Bitcoin (BTC)
Bitpanda Fee
1.49%
Market Average
0.10% - 0.50%
Ethereum (ETH)
Bitpanda Fee
1.49%
Market Average
0.10% - 0.50%
Cardano (ADA)
Bitpanda Fee
2.49%
Market Average
0.15% - 0.60%
Solana (SOL)
Bitpanda Fee
2.49%
Market Average
0.15% - 0.60%

Other Fees

  • Deposit Fees: No fees for deposits via bank transfer, credit card, or e-wallets.
  • Withdrawal Fees: No fees for fiat withdrawals, but crypto withdrawal fees vary depending on the network.
  • Conversion Fees: A spread applies when exchanging one asset for another, but the exact percentage depends on market conditions.
  • Inactivity Fees: No inactivity fees, which is beneficial for occasional traders.
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Our opinion on Bitpanda's fees and commissions

Bitpanda’s straightforward fee model makes it easy for beginners to understand costs upfront. However, its trading premiums are higher than many competitors, particularly for smaller cryptocurrencies, which may make it less appealing to frequent traders.

Customer Reviews 3.8/5

Bitpanda has a Trustpilot rating of 3.8/5 based on 12,232 reviews, reflecting primarily positive feedback on its user-friendly interface and asset diversity, but also criticism regarding high fees, customer support response times, and limited features for advanced traders.

PlatformTrustpilot RatingNumber of Reviews
Nexo4.715,677
OKX3.61,505
Bitvavo3.918,876
Coinbase3.814,611
Bitpanda3.812,232
VirgoCX3.71
Uphold2.79,513
Bybit2.82,983
Bitbuy1.6411
Binance1.44,886
Bitpanda reviews from customers on Trustpilot vs competitors
Trustpilot Rating
4.7
Number of Reviews
15,677
Trustpilot Rating
3.6
Number of Reviews
1,505
Bitvavo
Trustpilot Rating
3.9
Number of Reviews
18,876
Trustpilot Rating
3.8
Number of Reviews
14,611
Bitpanda
Trustpilot Rating
3.8
Number of Reviews
12,232
Trustpilot Rating
3.7
Number of Reviews
1
Trustpilot Rating
2.7
Number of Reviews
9,513
Trustpilot Rating
2.8
Number of Reviews
2,983
Trustpilot Rating
1.6
Number of Reviews
411
Binance
Trustpilot Rating
1.4
Number of Reviews
4,886

Here are some recent reviews from Canadian users:

  • Michael T (January 15, 2025): "I started using Bitpanda a few months ago to invest in crypto and some stocks. The platform is really easy to navigate, and I like that I can buy different assets in one place. The deposits were fast, and staking rewards were credited without issues. However, when I had a verification issue, customer support took three days to get back to me, which was frustrating. Other than that, it's been a smooth experience."
  • Sophie L (December 2, 2024): "I signed up for Bitpanda because I wanted a simple way to invest in crypto and gold. The interface is super user-friendly, and I love how easy it is to set up automated savings. I had no issues with deposits or withdrawals, and the staking rewards are a nice bonus. My only complaint is that the trading fees are a bit higher than what I'm used to, especially for altcoins, but the convenience makes up for it."
  • Ryan D (November 20, 2024): "I wanted a platform that let me invest in both crypto and stocks, and Bitpanda seemed like a great choice. The verification process was fast, and I was able to fund my account within minutes. I did run into an issue with a delayed withdrawal, but after opening a support ticket, it was resolved in two days. Overall, I like the platform, but it would be great if they had a live chat option for faster support."

How does Bitpanda compare to other Crypto brokers?

Bitpanda is a multi-asset platform offering cryptocurrency trading alongside stocks and commodities. However, its high fees and lack of certain features place it at a disadvantage compared to other exchanges. Below is a comparison with three other well-known platforms:

FeatureBitpandaCoinbaseVirgoCXUphold
🪙 Available Cryptos250+250+75+250+
💵 Minimum Deposit$10 CAD$1 CAD$1 CADNo minimum
🛠 ServicesStaking, savings plan, stocks, ETFs, metalsStaking, basic tradingBasic trading, stakingStaking, trading, automated investing
💸 Fees1.49% spread per trade0.5% + spreads0% deposit, 0.5% trading fee0.95% trading fee
🎨 NFT Marketplace❌ Not available✅ Available❌ Not available❌ Not available
💳 Crypto Card❌ Not available✅ Available❌ Not available✅ Available
🏛 Regulation❌ Not registered in Canada✅ FINTRAC registered✅ FINTRAC & OSC registered✅ FINTRAC registered
Bitpanda vs. Competitors: Feature Comparison
🪙 Available Cryptos
Bitpanda
250+
Coinbase
250+
VirgoCX
75+
Uphold
250+
💵 Minimum Deposit
Bitpanda
$10 CAD
Coinbase
$1 CAD
VirgoCX
$1 CAD
Uphold
No minimum
🛠 Services
Bitpanda
Staking, savings plan, stocks, ETFs, metals
Coinbase
Staking, basic trading
VirgoCX
Basic trading, staking
Uphold
Staking, trading, automated investing
💸 Fees
Bitpanda
1.49% spread per trade
Coinbase
0.5% + spreads
VirgoCX
0% deposit, 0.5% trading fee
Uphold
0.95% trading fee
🎨 NFT Marketplace
Bitpanda
❌ Not available
Coinbase
✅ Available
VirgoCX
❌ Not available
Uphold
❌ Not available
💳 Crypto Card
Bitpanda
❌ Not available
Coinbase
✅ Available
VirgoCX
❌ Not available
Uphold
✅ Available
🏛 Regulation
Bitpanda
❌ Not registered in Canada
Coinbase
✅ FINTRAC registered
VirgoCX
✅ FINTRAC & OSC registered
Uphold
✅ FINTRAC registered
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Conclusion of our analysis of Bitpanda

Bitpanda offers a user-friendly platform with a diverse range of services, including staking, a crypto card, and automated investing options. Its extensive selection of over 120 cryptocurrencies caters well to investors seeking variety.

The absence of NFT support and higher trading fees compared to some competitors may be considerations for potential users. Additionally, while Bitpanda is regulated within the European Union, it lacks specific Canadian regulatory oversight, which could impact its appeal to Canadian traders.

Overall, Bitpanda stands out for its comprehensive service offerings and asset diversity, making it a viable option for those prioritizing these features.

Before opening an account on Bitpanda, compare the best crypto brokers and platforms in Canada:

Compare the best cryptocurrency exchange platforms in Canada!Compare platforms now

What types of accounts are available with Bitpanda?

Bitpanda offers different account levels, each with varying access to features, limits, and verification requirements. Below is a breakdown of the available accounts:

FeatureBasic AccountVerified AccountBitpanda VIP
🆓 Access RequirementsEmail registrationFull identity verification (KYC)High trading volume or Bitpanda token holdings
💵 Fiat Deposits & Withdrawals❌ Not available✅ Available✅ Available
🪙 Crypto Trading✅ Limited✅ Full access✅ Full access
🔗 Staking & Savings Plan❌ Not available✅ Available✅ Available
📈 Trading LimitsLowStandardHigher limits
🏦 Priority Support❌ No❌ No✅ Yes
🎁 Fee Discounts❌ No❌ No✅ Yes (for Bitpanda Token holders)
Bitpanda: Account Types & Features
🆓 Access Requirements
Basic Account
Email registration
Verified Account
Full identity verification (KYC)
Bitpanda VIP
High trading volume or Bitpanda token holdings
💵 Fiat Deposits & Withdrawals
Basic Account
❌ Not available
Verified Account
✅ Available
Bitpanda VIP
✅ Available
🪙 Crypto Trading
Basic Account
✅ Limited
Verified Account
✅ Full access
Bitpanda VIP
✅ Full access
🔗 Staking & Savings Plan
Basic Account
❌ Not available
Verified Account
✅ Available
Bitpanda VIP
✅ Available
📈 Trading Limits
Basic Account
Low
Verified Account
Standard
Bitpanda VIP
Higher limits
🏦 Priority Support
Basic Account
❌ No
Verified Account
❌ No
Bitpanda VIP
✅ Yes
🎁 Fee Discounts
Basic Account
❌ No
Verified Account
❌ No
Bitpanda VIP
✅ Yes (for Bitpanda Token holders)

Bitpanda's account structure is tiered, providing more benefits as users verify their identity or hold higher trading volumes.

Basic Account

A Basic Account requires only email registration, allowing access to limited crypto trading features. However, fiat deposits and withdrawals are not available, and users must complete identity verification (KYC) to unlock the full platform.

Verified Account

A Verified Account requires full identity verification, allowing unrestricted access to all Bitpanda services, including fiat deposits, withdrawals, staking, and savings plans. This is the standard account for most users.

Bitpanda VIP

The Bitpanda VIP program is designed for high-volume traders and users holding large amounts of Bitpanda tokens. VIP members receive higher trading limits, priority customer support, and fee discounts, making it the best option for active traders.

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Good to know

Bitpanda's tiered account structure allows users to select the level that best fits their trading needs and investment strategies.​

How do deposits and withdrawals work with Bitpanda?

Bitpanda offers multiple deposit and withdrawal options, but fees vary depending on the method used. Below is a summary of the available options, supported currencies, processing times, and associated fees:

MethodSupported CurrenciesDeposit TimeWithdrawal TimeFees
SEPA Bank TransferEUR1-3 business days1-3 business daysFree for deposits, withdrawal fees apply
Credit/Debit CardEUR, USD, GBPInstant❌ Not availableUp to 2.5% fee
PayPalEUR, USDInstant1-2 business days1.5% - 2% fee
Skrill/NetellerEUR, USD, GBPInstant1-2 business days1.5% - 3.5% fee
Crypto DepositBTC, ETH, and 250+ cryptosVaries by networkN/AFree
Crypto WithdrawalBTC, ETH, and 250+ cryptosN/AVaries by networkBlockchain network fee
Bitpanda Deposit & Withdrawal Methods
SEPA Bank Transfer
Supported Currencies
EUR
Deposit Time
1-3 business days
Withdrawal Time
1-3 business days
Fees
Free for deposits, withdrawal fees apply
Credit/Debit Card
Supported Currencies
EUR, USD, GBP
Deposit Time
Instant
Withdrawal Time
❌ Not available
Fees
Up to 2.5% fee
PayPal
Supported Currencies
EUR, USD
Deposit Time
Instant
Withdrawal Time
1-2 business days
Fees
1.5% - 2% fee
Skrill/Neteller
Supported Currencies
EUR, USD, GBP
Deposit Time
Instant
Withdrawal Time
1-2 business days
Fees
1.5% - 3.5% fee
Crypto Deposit
Supported Currencies
BTC, ETH, and 250+ cryptos
Deposit Time
Varies by network
Withdrawal Time
N/A
Fees
Free
Crypto Withdrawal
Supported Currencies
BTC, ETH, and 250+ cryptos
Deposit Time
N/A
Withdrawal Time
Varies by network
Fees
Blockchain network fee

Bitpanda’s variety of deposit and withdrawal options makes it competitive with other brokers, particularly due to its free bank transfers and instant funding through credit cards and PayPal. However, the deposit fees on some methods, such as credit cards and e-wallets, can be higher than what some competitors offer. Additionally, while withdrawals through bank transfers are free, crypto withdrawals are subject to network fees, which vary depending on blockchain congestion.

Overall, Bitpanda offers a solid range of payment methods that cater to different trader preferences. The ability to deposit and withdraw using fiat currencies, PayPal, and cryptocurrencies makes it more versatile than some platforms that only support bank transfers or crypto transactions. However, traders who prioritize fee-free transactions may find better options elsewhere.

Does Bitpanda offer crypto staking?

Bitpanda offers staking services, allowing users to earn passive income on select cryptocurrencies. Staking rewards vary depending on the asset and staking duration. The platform provides flexible staking, meaning users can unstake their assets at any time, but the yields are generally lower compared to other exchanges.

Below is a summary of the staking options available on Bitpanda:

CryptocurrencyEstimated APYStaking Type
Ethereum (ETH)Up to 4%Flexible
Polkadot (DOT)Up to 10%Flexible
Cardano (ADA)Up to 5%Flexible
Solana (SOL)Up to 6%Flexible
Tezos (XTZ)Up to 4%Flexible
Staking options available on Bitpanda
Ethereum (ETH)
Estimated APY
Up to 4%
Staking Type
Flexible
Polkadot (DOT)
Estimated APY
Up to 10%
Staking Type
Flexible
Cardano (ADA)
Estimated APY
Up to 5%
Staking Type
Flexible
Solana (SOL)
Estimated APY
Up to 6%
Staking Type
Flexible
Tezos (XTZ)
Estimated APY
Up to 4%
Staking Type
Flexible

Bitpanda’s staking program is simple and accessible, but its yields are lower than what some competitors offer.

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Watch out!

Bitpanda does not offer crypto lending services, meaning users cannot lend out their assets to earn interest as they would on platforms with lending pools. This limits passive income opportunities, especially for users looking for yield-generating alternatives beyond staking.

How are revenues generated by Bitpanda taxed?

Taxation of Crypto Trading on Bitpanda in Canada

In Canada, income generated from cryptocurrency trading on Bitpanda or any other exchange is subject to taxation under the Canada Revenue Agency (CRA) guidelines. The tax treatment depends on whether the activity is classified as capital gains or business income.

  • Capital Gains Tax: If you buy and sell crypto as an investment, only 50% of your profits are taxable. This applies to activities like selling crypto for fiat, swapping one cryptocurrency for another, or converting crypto to a stablecoin.
  • Business Income Tax: If you engage in high-frequency trading, margin trading, or operate as a professional trader, the CRA may classify your earnings as business income, meaning 100% of your profits are taxable at your personal or corporate tax rate.

How to declare your crypto trading income in Canada

  • Keep Records of All Transactions: This includes buying, selling, staking rewards, and any crypto-to-crypto trades. The CRA requires details such as dates, amounts, and fair market values in CAD.
  • Report on Your Tax Return:
    • Capital Gains: Declare on Schedule 3 of the T1 tax return under "Capital Gains (or Losses)".
    • Business Income: Report on Form T2125 if trading is considered business activity.
    • Staking and Rewards: Report staking and other rewards as income at the time of receipt. If sold later, capital gains may apply.
  • Consider GST/HST Registration: If your crypto trading is classified as a business and earns over $30,000 annually, you may need to register for GST/HST and charge tax on certain services.

Tax Implications for Bitpanda Users

Since Bitpanda is not a Canadian-regulated exchange, it does not automatically report transactions to the CRA. However, Canadian traders are still legally required to declare their crypto income. Using crypto tax software or working with a tax professional can help ensure compliance, especially for traders engaging in staking, margin trading, or frequent transactions.

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Watch out!

Failure to report crypto income can result in CRA audits, penalties, and interest charges, making accurate reporting essential for Canadian users.

Contact: How to contact Bitpanda customer service?

Request TypeContact MethodsAvailability
📩 Open an AccountOnline registration via Bitpanda.com24/7
💳 Make a Deposit/WithdrawalHelp Center, Email: [email protected]24/7
🛠 Technical SupportEmail: [email protected], Help Center, Twitter: @BitpandaBusiness Hours (Response time varies)
📞 Make a ComplaintTicket submission via websiteBusiness Hours (Mon-Fri)
🔄 Account Verification Issues (KYC)Email: [email protected]24/7
📲 Social Media SupportTwitter: @Bitpanda, TelegramVaries by Platform
Bitpanda Customer Support & Contact Information
📩 Open an Account
Contact Methods
Online registration via Bitpanda.com
Availability
24/7
💳 Make a Deposit/Withdrawal
Contact Methods
Help Center, Email: [email protected]
Availability
24/7
🛠 Technical Support
Availability
Business Hours (Response time varies)
📞 Make a Complaint
Contact Methods
Ticket submission via website
Availability
Business Hours (Mon-Fri)
🔄 Account Verification Issues (KYC)
Contact Methods
Availability
24/7
📲 Social Media Support
Contact Methods
Twitter: @Bitpanda, Telegram
Availability
Varies by Platform

FAQs

Is the Bitpanda platform reliable or a scam?

Bitpanda is a legitimate European-based trading platform, regulated under Austrian and European financial laws. However, it is not registered in Canada, which may be a concern for users who prioritize local regulatory oversight.

What is the minimum deposit to open an account with Bitpanda?

Bitpanda requires a minimum deposit of $10 CAD to open an account.

Does Bitpanda offer NFT?

No, Bitpanda does not have an NFT marketplace or support direct NFT trading. Users looking for NFT investments must use a separate platform.

Is Bitpanda registered with the OSC, BCSC or ASC?

No, Bitpanda is not registered with the Ontario Securities Commission (OSC), the British Columbia Securities Commission (BCSC), or the Alberta Securities Commission (ASC). It operates without Canadian regulatory approval.

What level of leverage does Bitpanda offer?

Bitpanda does not offer leverage or margin trading, making it less suitable for advanced traders looking for high-risk trading strategies.

Is the Bitpanda platform reliable or a scam?

Bitpanda is a legitimate European-based trading platform, regulated under Austrian and European financial laws. However, it is not registered in Canada, which may be a concern for users who prioritize local regulatory oversight.

What is the minimum deposit to open an account with Bitpanda?

Bitpanda requires a minimum deposit of $10 CAD to open an account.

Does Bitpanda offer NFT?

No, Bitpanda does not have an NFT marketplace or support direct NFT trading. Users looking for NFT investments must use a separate platform.

Is Bitpanda registered with the OSC, BCSC or ASC?

No, Bitpanda is not registered with the Ontario Securities Commission (OSC), the British Columbia Securities Commission (BCSC), or the Alberta Securities Commission (ASC). It operates without Canadian regulatory approval.

What level of leverage does Bitpanda offer?

Bitpanda does not offer leverage or margin trading, making it less suitable for advanced traders looking for high-risk trading strategies.

Pauline Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

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