BitPanda Review

BitPanda occupies a birth at the top of the list amongst all the other Bitcoin brokers in the World. This Austria based company not only offers a variety of payment methods but also decent prices. Initially BitPanda started out by the name of Coinimal, which was established in the year 2014 and the company even went on to win the startup award in the year 2016. It is one of the most reliable companies operating in the Bitcoin industry.

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Privacy

Privacy immensely low as you are required to go through rigorous identity verification before you can purchase Bitcoins.

Limits and Liquidity

The transaction limits and liquidity are all dependent on the degree of information you agree to offer to BitPanda.

If you provide verified e-mail then you can’t buy Bitcoins. You will be able to sell Bitcoins worth 1,000 EUR every day and a total of 7,500 EUR every month.

If you provide verified phone number then you can buy as well as sell Bitcoins using all the payment methods, including credit card. You can buy Bitcoins worth 50 EUR every day using all the other available payment methods.

If you are providing a verified ID then you’ll be allowed to buy Bitcoins using credit cards. It can go as high as 350 EUR every day and 10,000 EUR every month. Using the other payment methods, you’ll be allowed to buy Bitcoins worth 5,000 EUR every day and 75,000 EUR every month.

Speed

Instant transactions for all the payment methods available. So you can expect the Bitcoins to be credited to your account within a few seconds. Irrespective of whether you buy Bitcoins using NETELLER or credit/debit cards, the Bitcoins shall be delivered instantly to your wallet. However, SEPA transfers will take at least a business day for completion, which implies that you will have to keep waiting a bit longer for the Bitcoins to be credited into your wallet.

Pros:

  • Bitpanda charges the lowest fees for purchasing Bitcoins in Europe
  • Use your debit or credit card to purchase Bitcoins
  • A wide range of payment options

Cons:

  • No breakup of fees provided to customers; everything  included in the price

The payment methods supported by BitPanda include: NETELLER, Mastercard/Visa Credit or Debit card, Skrill, EPS/GIROPAY, SOFORT Transfer, SEPA Transfer, and OBT.

BitPanda supports every European country; however, US customers can’t use BitPanda.

BitPanda Affiliate Program

This is one of the most sought after cryptocurrency affiliate programs in the market. Every verified customer you refer will earn you 2.5 EUR. In addition to this, you will also receive the lifetime bonus of 5% on the total service fee of every referred customer. However, you can withdraw the bonus in Cryptocoin order and the minimum order should be 25EUR.

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BitPanda Affiliate Review

Our Review
  • 9.6/10
    Affiliate Program - 9.6/10
  • 9/10
    Features - 9/10
  • 7.1/10
    Reputation - 7.1/10
  • 8.4/10
    Security - 8.4/10
  • 8.9/10
    Usability - 8.9/10
8.6/10

Summary

A great exchange to work with within the European market. Outside of that it’s a little trickier. Be aware of longer then normal wait times from customer support.

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