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How to Buy Crypto on Bitpanda - Step-by-Step Guide 2025

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Authored by: Tom. D
Reviewed by: Adam. W
Aug 6, 2025

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Quick Answer: To Buy Crypto on Bitpanda, You’ll Need To

Open a Bitpanda account, complete identity verification, and fund it with a minimum deposit. Then, search for Bitcoin, enter the amount you’d like to buy, and place your order. Once confirmed, your crypto purchase is complete, and your Bitcoin appears instantly in your portfolio.

Bitpanda Overview

Introduction

Whether you’re new to crypto or looking for a straightforward way to build your portfolio, this guide will walk you through how to buy cryptocurrency on Bitpanda—step by step. We’ll cover account setup, funding options, buying methods, fees, and tips to help you navigate your first crypto purchase with clarity.

With over 600 cryptoassets (the largest selection in the UK), zero deposit and withdrawal fees, and industry-leading security, Bitpanda offers an intuitive and trusted way to begin your crypto journey — starting from just £1.

Why Is Bitpanda a Popular Choice for Crypto Buyers?

Bitpanda is a Vienna-based broker regulated by Austria’s FMA and Germany’s BaFin. It also holds a PSD2 licence, allowing it to offer secure fiat wallets in EUR, GBP, and more. You simply fund your wallet and convert your money into cryptocurrency through a user-friendly platform.

As one of Europe’s leading crypto brokers, Bitpanda brings a proven and secure crypto experience to users across the UK and beyond.

Why Do Users Trust Bitpanda?

Millions of Europeans, especially newcomers, choose Bitpanda for three main reasons:

1. Simplicity – The dashboard removes technical jargon and shows prices in real time.
2. Breadth – Bitpanda offers 600+ cryptoassets, more than any other UK platform.
3. Security – Cold storage, two-factor authentication, and regulatory oversight minimise risk.

These features make Bitpanda an ideal gateway for beginners who want compliance and ease of use.

Is Bitpanda Safe to Use?

Bitpanda prioritises safety through regulated European oversight, identity verification, cold wallet storage, and ISO 27001-certified security protocols. Users can enable multi-factor authentication (MFA) and receive email confirmations for all major actions. Regular audits and transparency reports further enhance platform trust.

Does Bitpanda Help You Learn About Crypto?

Yes. Bitpanda Learn includes lessons, quizzes, and crypto rewards for beginners. The platform uses clear design, basic charts, and helpful tooltips to support user education.

How to Buy Crypto on Bitpanda: Step-by-Step Guide

Step 1: Open a Bitpanda Account

Sign up with your email, complete identity verification, and set up your fiat wallet. For most UK users, this takes less than 15 minutes.
What Documents Do You Need?

  •  A valid government-issued photo ID
  • Proof of address (utility bill, bank statement, etc.)

Third-party providers guide you through the secure verification process.

How Do You Keep Your Account Secure?

  • Enable multi-factor authentication (MFA)
  • Use a strong, unique password
  • Avoid public Wi-Fi or shared devices

Step 2: Fund Your Bitpanda Account

Deposit into your fiat wallet using Faster Payments (UK), SEPA (EU), PayPal, or card. All deposit methods are fee-free, and most are instant.

Supported Currencies: GBP, EUR, USD, CHF

MethodSpeedFee
Bank Transfer1–3 daysFree
Credit/DebitInstantFree
PayPalInstantFree
Apple/Google PayInstantFree

Step 3: Search for Crypto on Bitpanda

Use the search bar to find Bitcoin (BTC), Ethereum (ETH), or another supported coin. Enter your purchase amount (minimum £1), review the quote, and confirm.

Can You Automate Crypto Buying?

Yes. Bitpanda Savings Plans allow you to auto-invest on a daily, weekly, or monthly basis. This supports dollar-cost averaging.

Can You Swap Between Cryptos?

Yes. Bitpanda lets you swap crypto-to-crypto directly (e.g., ETH to BTC) without converting back to fiat.

Step 4: Place Your Order

After reviewing the price (which includes the spread), confirm the transaction. Your crypto will appear in your portfolio immediately.

Step 5: Monitor and Manage Your Portfolio

Use Bitpanda’s dashboard to:

  • View portfolio value in real time
  • Track profit/loss per asset
  • Set price alerts
  • Review your trade history

Which Coins Can You Buy on Bitpanda?

Bitpanda offers 600+ cryptocurrencies including:

  • Major coins: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC)
  • Altcoins: Cardano (ADA), Polkadot (DOT), Polygon (MATIC)
  • Stablecoins: USDT, USDC
  • DeFi/NFT: Uniswap (UNI), AAVE, The Sandbox (SAND)

Note: New coins are regularly added after compliance reviews.

What Are Bitpanda’s Fees for Buying Crypto?

  • Standard trades: ~1.49% spread (included in price)
  • Deposits/Withdrawals: Free (including card and PayPal)

Bitpanda keeps its pricing simple. You always see the full cost before confirming.

How Do You Sell or Withdraw Crypto on Bitpanda?

You can sell crypto into fiat and withdraw funds via:

  • Bank Transfer (UK Faster Payments, SEPA): 1–3 business days
  • PayPal/Card: Near-instant withdrawals

Crypto withdrawals are subject to blockchain network times and potential miner fees. Bitpanda displays all fees before confirmation.

How Can You Monitor Your Crypto Portfolio on Bitpanda?

Bitpanda provides a real-time dashboard for:

  • Portfolio balance
  • Individual asset performance
  • Historical data
  • Tax reporting tools

Is There a Bitpanda Mobile App?

Yes. Bitpanda’s app (iOS & Android) includes full trading, price alerts, and mobile wallet management.

Final Thoughts

Bitpanda is a safe and user-friendly crypto platform for UK and EU users. With 600+ assets, zero-fee funding, and a beginner-focused interface, it’s one of the most accessible ways to get started with crypto in 2025.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. This marketing communication does not constitute investment advice, a solicitation, or an offer to buy or sell any cryptoassets. In no way are performance or results guaranteed. You should keep yourself informed and understand the risks involved in buying and holding cryptoassets.

When Crypto, Then Bitpanda

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

FAQs

What is the minimum amount needed to buy crypto on Bitpanda?

You can start with just £1.

Does Bitpanda have a mobile app?

Yes. Available for iOS and Android.

How long does it take to verify a Bitpanda account?

Typically under 15 minutes.

Are there any hidden fees?

No. Bitpanda includes the spread in its displayed price. Deposits and withdrawals are free.

Can I use a credit card to buy crypto?

Yes. Card purchases are instant and fee-free.

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