This post contains affiliate links. Before reading more, an important disclosure.
- Payment Methods Accepted
- Supported Countries
- Limits & Liquidity
- Customer Support
Payment Methods Accepted
BitPanda has a large selection of payment methods:
- SOFORT Transfer
- Visa/Mastercard Debit or Credit Card
- GIROPAY / EPS
- SEPA Transfer
BitPanda supports all European countries.
BitPanda has very low privacy since you must submit your ID before you can buy.
Limits & Liquidity
BitPanda offers different levels of verification based on how much information you give them.
Verified Email: With a verified email you cannot buy bitcoins, but can sell up to 1,000 EUR worth of bitcoins per day, and up to 7,500 EUR per month.
Verified Phone Number: With a verified mobile phone number you can buy bitcoins with any payment methods besides credit card. Using the other payment methods, you can buy up to 50 EUR per day.
Verified ID: By verifying your ID you can buy bitcoins with a credit card, up to 350 EUR per day and up to 10,000 per month. For other payment methods, you can buy up to 5,000 EUR worth of bitcoins per day, and up to 75,000 EUR per month.
Most of BitPanda’s payment methods are instant so your bitcoins will also be delivered near instantly. Credit/debit card buys, plus SOFORT, NETELLER, EPS or OBT buys will deliver bitcoins to your wallet almost right away. SEPA transfers take about a day to complete which means it will take about that long for the bitcoins to arrive to your wallet.
BitPanda was previously named Coinimal and was founded in October 2014. The company won a startup award in October 2016 and has been a trusted company in the Bitcoin space since its launch.
BitPanda has low fees although they are not displayed publically on the website. The fees are instead included in your buy price when you checkout to buy or sell bitcoins.
BitPanda has customer support that responds quickly using the support request form on all pages of its website.
Review by Jordan Tuwiner
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