Bitpanda - The Game Changer

Bitpanda is one of the most popular cryptocurrency exchanges in Europe. The Austria-based company started in 2014 as Coinimal and won the start-up award in October 2016. It specializes in buying and selling of cryptocurrencies on a fully automated platform. It offers sell-side services to customers worldwide while only European customers can buy and sell on the platform.

BitaPanda is renowned for its fast delivery and responsive support. It is a reliable exchange that is trusted by many traders and its exceptional services gave it an edge over others such as Olympic Trade and IQ Option. Cryptocurrency fans love this platform because of its ease of use.

Besides, it takes less than 20 seconds to create an account on BitPanda. With just an email address and password, you are definitely good to go. There is also a provision for two-factor authentication (2FA) and that's why the platform is very safe to deal with. You will also be asked to provide your mobile number and a six-digit pin will be sent to your phone which you will be asked to enter on the website.

There are three account levels available and each of them has its verification stipulations. The starter level has a daily buy limit of 0 EUR and sell limit of 1,000 EUR, monthly buy limit of 0 EUR and sell limit of 7,500 EUR, total buy limit of 0 EUR and sell limit of 30,000 EUR, with verified email as a means of verification.

The second level is the bronze level with a daily buy limit of 50 EUR and sell limit of 1,500 EUR, monthly buy limit of 50 EUR and sell limit of 10,000 EUR, total buy limit of 600 EUR and sell limit of 50,000 EUR, with your mobile number as a means of verification. The third level is the gold level with a daily buy limit of 10,000 EUR and sell limit of 15,000 EUR, monthly buy limit of 300,000 EUR and sell limit of 300,000 EUR, total buy limit of 1,500,000 EUR and sell limit of 1,500,000 EUR, with government-issued ID as a means of verification.

Top digital currencies you can buy through BitPanda are Bitcoin, Ethereum, Dash and Litecoin. Acceptable payment methods include credit/debit card, Skrill, Neteller, Giropay, Sepa and so on. You can keep your Bitcoin in your offline wallet or make use of a provided wallet by the platform.

Your Bitcoins can be withdrawn from BitPanda, just like Expert Option, at your own convenient time using any of the four available options on the platform. All withdrawals are affected in Euro and the waiting period to receive your funds depends on the payout method of your choice. You can request for payouts through SEPA and you will get your funds on the same day. You can also withdraw through Skrill and Neteller with the guarantee of receiving your money between 10 to 30 minutes. If you choose to withdraw through Amazon de Voucher Code, you will get your funds within 30 minutes. There are fees associated with every payout method and you will find them in the transaction price.