Check out everything about Bitpanda: is it safe or reliable? Learn how to buy virtual coins. How does Bitpanda work? See the truth that you really need to know about Bitpanda, how to use fees and much more. Well, let's get to what interests us:
What is bitpanda and how does it work?
Good, bitpanda is one of the best sites to buy virtual currencies based in Austria that offers a wide range of payment methods and has good prices or fees.
Bitpanda Advantages:
*. Low fees to buy bitcoins with credit/debit card in Europe;
*. Many payment options;
Negative Points:
*. Lack of transparency in fees included in order prices.
Read Also: Best Bitcoin Wallets
Accepted payment methods:
BitPanda has a wide variety of payment methods:
*. Visa/Mastercard Debit Card or Credit Card
*. NETELLER
*. Skrill
*. GIROPAY / EPS
*. SEPA transfer
Supported countries:
BitPanda supports all European countries and several other countries including Brazil, portal.
Bitpanda Exchange Rates VS Alternatives:
*. cex.io 3.5% Global
*. Coinmama ~ 6% Global
*. Coinbase 3.75% accepts several countries: Brazil, Portugal, Angola, Mozambique, etc.
*. Bitpanda 5% all European countries and other countries outside.
Please note that fees are approximate and may vary depending on your country or the size of your purchase.
criterion:
BitPanda is not very anonymous as you have to verify your account by submitting your ID before purchasing.
Limits and Liquidity:
BitPanda offers different levels of verification depending on the amount of information you provide:
Verified email: → with a verified email you cannot buy bitcoins, but you can sell up to €1000 bitcoins per day and up to EUR 7 500 per month.
Verified Mobile Number: → with a verified mobile phone number, you can buy bitcoins with all payment methods, in addition to credit card up to 50 euros per day.
Verified identification: → After verifying your identity, you can buy bitcoins with a credit card, up to 350 euros per day and up to 10,000 per month. For other payment methods, you can buy up to EUR 5,000 of bitcoins per day and up to EUR 75,000 per month.
Velocidade:
Most BitPanda payment methods are instant, so your bitcoins will also be delivered almost instantly. Credit/debit card purchases, as well as SOFORT, NETELLER, EPS or OBT purchases, will deliver bitcoins to your wallet almost immediately. SEPA credit transfers take about a day, which means it will take some time for the bitcoins to reach your wallet.
Reputation: Is Bitpanda reliable?
A Bitpanda Coinimal was formerly known as Coinimal and was founded in October 2014. The company won a start-up award in October 2016 and has been a safe and reliable company since its launch. After verifying your account, you can start selling or buying Bitcoin, Ethereum, Dash, and Litecoin almost instantly after your first deposit.
Bitpanda fees:
BitPanda has low fees, although they are not published on the website. In fact, the fees are included in your purchase price when you check out to buy or sell your virtual currencies.
Customer Support:
BitPanda has customer support that responds quickly using the support request form on every page of its website.
Best BitPanda Alternatives:
CEX.IO → allows you to buy bitcoins for low fees using a credit card and free for bank transfers.
Coinbase » Available to users in over 30 countries since 2017, it has become one of the best sites for buying Bitcoin and Ethereum in the world.
Coinmama → one of the best on the internet, specialized in selling bitcoins by credit card to almost anyone in the world.