About the BitPanda Cryptocurrency Exchange
The BitPanda cryptocurrency exchange positions itself as one of the leading fintech companies in Europe, founded in 2014. The company aims to create simple and convenient financial products for people of all levels of expertise. BitPanda provides clients with the opportunity to buy, sell, and exchange assets 24/7. The markup of the official website bitpanda.com looks as follows.
The broker’s legal entity is the company Bitpanda Financial Services GmbH, which:
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is registered in Austria at A-1020 Vienna, Stella-Klein-L?w Weg 17,
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holds a license from the Financial Market Authority (FMA) in accordance with the FM-GwG,
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is supervised by the French regulator Autorit? des March?s financiers (AMF) in accordance with the PACTE law,
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has permission under PSD2 – the second Payment Services Directive.
Trading on the BitPanda Exchange
BitPanda offers its own trading platform for working in financial markets. With it, traders can:
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trade over 2,000 financial instruments,
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automate regular investments through savings plans,
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invest from €1 in any asset,
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use analytical functions to assess risks.
The platform offers a wide range of trading products, such as cryptocurrencies, securities, ETFs, commodities, crypto indices, and precious metals. BitPanda also has an academy and blog where participants can learn the basics of trading and improve financial literacy.
Opening a Trading Account on BitPanda Exchange
Information about available trading accounts is not disclosed. The company emphasizes the security of client accounts by applying advanced protection methods such as password management, multi-factor authentication, etc.
To start working on the platform, you need to:
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register and create an account,
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go through the verification process,
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deposit funds into the account.
Details about a demo account for practice trading are not disclosed.
The platform offers several bonus programs, including earning up to 0.25% of the trading volume, earning up to 63% annually on staking, participating in the affiliate program, and the opportunity to earn up to €100 for referring new participants.
Deposits and Withdrawals on BitPanda Exchange
Various payment methods are available for financial operations: bank transfers, credit and debit cards, online payments, cryptocurrency wallets, etc.
For each method, limits and restrictions on deposits/withdrawals are specified, depending on the verification status. Additional information can be found on the website, including a table of commission fees for cryptocurrency transactions.
Conclusion
Before investing on the BitPanda exchange, it is important to study reviews from real clients and experts. An objective opinion will help make the right decision about partnering with the intermediary.