With competitive fees and a robust trading platform, its no wonder Bitpanda boasts about being Europe’s top exchange but is that really the case? Hi, I’m Nate Martin and were taking a deeper look into Bitpanda in today’s 2-minute review.
Founded in late 2014 and based in Vienna, Austria, Bitpanda is a cryptocurrency exchange that’s grown to be one of the most popular options to buy crypto in Europe.
For those in the E.U., Bitpanda is probably one of the cheapest ways you can buy and sell crypto, with a competitive flat fee of just 1.49% for credit card purchases or bank transfers. In addition to the more traditional payment methods, BitPanda also offers a to-go option, where users can buy coupon codes in post offices around Austria.
These coupon codes can be redeemed for cryptocurrency on the website for their equivalent value. Bitpanda also offers a swap service which allows users to instantly convert between their supported cryptocurrencies.
For more experienced traders, Bitpanda provides a Pro feature which comes with the full trading experience, including charts and order books, as well as access to the exchange’s API.
A couple of interesting extra features on Bitpanda: first, it allows users to make bank transfers directly from their crypto balance; and second, a Savings option which lets you make automatic monthly purchases of crypto, straight from your bank account.
The thing our team likes most about Bitpanda is how easy it is to use for beginners – that is, once you’re done with their somewhat slow verification process.
Unless you click the Bitpanda Pro tab, there are no charts, order books, or indicators to worry about just simple swaps, at super-competitive rates. And that’s not all – on Bitpandas site you’ll also find a handful of other cool features, all of which we cover in our in-depth review.
Make it 4.4 Stars from us here at 99Bitcoins, as we think it’s a great place for beginners to buy and sell crypto in the EU although their verification process can be a bit slow and tricky. Have you used Bitpanda? Let us know what you think about it in the comments.
And if you haven’t used Bitpanda, you can sign up or read our in-depth review using the link in the description below. That’s today’s 2-minute crypto review and Ill see you… in a bit.
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