Contents
Presentation of Bitpanda, an online broker specialized in cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), LiteCoin (LTC)… but also in stocks and ETFs.
Founded in 2014, Bitpanda is one a trading platform accessible to all, specializing in cryptocurrencies. Over the years, and after a $ 52 million fundraiser, the online broker has surpassed 1,2 million users worldwide.
Their main goal is to make everything as simple as possible through Bitpanda investments in financial products and assets than ordering a meal or a private driver with Uber.
In practical terms, Bitpanda allows you to buy, sell or send Bitcoin, digitized gold or any other digital financial asset, but also stocks and ETFs.
As we have already said, it is in times of crisis that this type of investment should be encouraged. And the health crisis caused by the Coronavirus did not make us lie about the explosion in the value of BitCoin in 2020. Before you rush to buy and sell Bitcoin, we remind you that there is always a risk of loss of capital, even if it is not. is the current trend of digital titles. For this reason it is important to be accompanied in this type of investment, especially through an online broker, where you can minimize the risks by following rule number one, which is to diversify your investments.
We offer you a comprehensive guide, opinion and test on the Bitpanda online broker. Check out our detailed analysis of their trading platform, to get an unbiased opinion on the advantages and disadvantages before opening a Bitpanda online brokerage account.
I discover the offer of Bitpanda
✅ Benefits of subscribing to Bitpanda
- Simple and intuitive platform (suitable for beginners)
- It is easy to follow the evolution of the value of the assets purchased
- More than 30 cryptocurrencies and digital financial assets available
- Possibility to invest in precious metals such as gold, but also in company shares and ETFs.
- Secure account with double authentication
- Safe environment with PSD2 approval
- Registered with the AMF (Autorité des Marchés Financiers)
- Multi-platform online brokerage solution (computer, tablet, smartphone)
- Ability to invest in Bitpanda's diversified asset portfolios to minimize risk (index)
- Useful functions to increase and simplify asset investments: Bitpanda Pay, savings plan, Bitpanda index, ...
(I.e. Disadvantages of Bitpanda's offering
- Only available in Europe
- Stock values are not available on this platform
- High average fees compared to other platforms and online brokers
Fees and fees associated with Bitpanda
Subscription free of charge, without obligation and without deposit
- Purchase and sale transactions of various cryptocurrencies, including Bitcoin: supplement of 1,49% (already included in the published price).
- Custody fees for digital precious metals:
- Gold: 0,0125%.
- Silver: 0,0250% [19659032
- Palladium: 0,0250% [19659033
- Platinum: 0,0250% [19659034
I want to test the offer without commitment
(I.e. ConnectBank expert opinion on Bitpanda
First of all for this review, we confirm that everything is in place to ensure the safety of your investments on Bitpanda, especially with the implementation of double authentication (2FA) which we strongly recommend that you set up before you start investing your money.
Starting December 18, 2020, Bitpanda is regulated on the French market by the AMF (Autorité des Marchés Financiers), which translates into the obligation to fully comply with the rules imposed. While approval is optional for cryptocurrency companies operating in France, the Bitpanda company wanted to go through this long and tedious process to be a reliable player for the French population.
From a functional point of view, the subscription is simple, fast and without obligation, which allows you to familiarize yourself with the world of cryptocurrencies in complete tranquility without paying a single euro at the beginning. Indeed, There is no minimum deposit required at the time of subscription.
We also appreciate the interface, which is simple and allows you to have an overview to view the evolution of your assets. This is a real decision-making tool for buying or selling cryptocurrencies and all this at your fingertips on your PC, tablet or smartphone. Bitpanda is therefore adapted for beginners in cryptography also for its simplicity and ease of access.
To conclude this review, we are only sorry that do not offer stock market values and that the solution is only available for Europe.
I am starting to invest in cryptocurrency
⭐ Customer opinions on Bitpanda
To consolidate this opinion, we have analyzed customer reviews on the Bitpanda trading platform - we find excellent ratings 4,4 out of 5 out of 5.900 customer reviews on the TrustPilot certified review site and 4,7 out of 700+ reviews on the AppStore.
These reviews and recommendations highlight the simplicity of the application even for beginners, the security of this platform and the responsiveness of customer service. Negative reviews are mostly about high average commissions. It is the ideal app and platform for new cryptocurrency or fractional stock investors.
It is possible to open a Bitpanda account without obligation in a few minutes and without any obligation of immediate deposit.
- It is sufficient to enter some personal data (surname, name, e-mail, etc.).
- Enter your current situation (profession, etc ...)
In a few moments you are registered and you can study the price of the different digital assets. Once you are ready to invest, just enter your complete identity with address, etc ... and a copy of your identity document to start buying and selling cryptocurrencies.
Reviews on Bitpanda Pay
With Bitpanda, you have the ability to pay bills directly with your digital financial assets like cryptocurrencies.
Indeed, it is possible with Bitpanda Pay under several activities:
- simply send money anywhere in the world to a bank account (IBAN)
- to pay the bills
- transfer money in a few clicks to your friends or make purchases
Bitpanda savings reviews
With Bitpanda, you have a tool that allows you to set up automatic savings on digital financial assets.
It's possible save by investing automatically in a planned way by credit card or SEPA transfer and with the desired frequency: daily, weekly, monthly, ...
It is a good way to invest and save for the long term without thinking and above all To take advantage of the effect of the average cost of cryptocurrencies and thus reduce the effects of the volatility of cryptocurrencies.
The tool is comfortable because it is totally flexible according to your wishes and needs and above all without any obligation to pay. (you can stop automatic deposits at any time).
Notice on Bitpanda shares
Bitpanda has a platform for investing in stocks without commissions.
It is now possible to buy and sell crypto assets as well shares with the possibility:
- Investing as low as 1 pound in Fractional shares of over 50 large companies or ETFs such as: Tesla, Twitter, Amazon, ...
- Even outside trading hours 24x24
- No commission
- Collection of dividends on stocks and ETFs invested in an automated way
And that's not all: try the Bitpanda Stocks platform today and participate in a prize draw. to win a Tesla Model 3 Performance and your first free fractional share (value between 5 and 200 euros).
Bitpanda Card Review: The Bank Card for Spending Cryptocurrencies
Bitpanda is also launching a bank card for allow you to spend your cryptocurrency wallet directly in stores or online.
This is a free VISA debit card which allows you to pay with the cryptocurrency of your choice and also of benefit from a cashback (refund on purchase) in Bitcoin for each purchase.
Bitpanda Cryptographic Index Notice
Bitpanda offers its clients a simple and automated way to invest in 3 types of indices.
It is one of the first cryptocurrency indices in the world that allows you to invest in just a few clicks. Automatically invest in a diversified portfolio of between 5 and 25 cryptocurrencies depending on the index chosen.The cryptocurrencies included are varied both in size and liquidity on the financial market. This reduces the risk of volatility and therefore invest more peacefully without having to regularly monitor the evolution of the various assets.
È an ideal tool to start investing for the long term without taking too many risks and without having an in-depth knowledge of the different cryptocurrencies available.
