{"id":"bitpanda","title":"Bitpanda","content":"**Bitpanda** is a multi-asset investment platform based in Austria and founded in 2014. It offers trading for a wide range of [digital assets](https://iq.wiki/wiki/digital-assets), including cryptocurrencies, stocks, ETFs, precious metals, and crypto indices, serving over 7 million users[\\[7\\]](#cite-id-Ubt4TnBrUc).\n\nIt allows trading between different national currencies like USD, EUR, CHF, and cryptocurrencies like [Bitcoin](https://iq.wiki/wiki/bitcoin), [Ethereum](https://iq.wiki/wiki/ethereum), [Bitcoin](https://iq.wiki/wiki/bitcoin) Cash, [EOS](https://iq.wiki/wiki/eos), Iota, and others[\\[1\\]](#cite-id-2l1nriinfx4)​[\\[2\\]](#cite-id-zp734scgx78).\n\nIn September 2020, Bitpanda closed a $52 million Series A funding round from Valar Ventures, a venture capital firm backed by Peter Thiel[\\[6\\]](#cite-id-5c48axuuae).\n\n[YOUTUBE@VID](szvPx05rsAc)\n\n## Overview\n\nInitially, Bitpanda was called Coinimal and its purpose was to facilitate cryptocurrency transactions in the Eurozone. At the end of November 2017, the Bitpanda service supported and implemented SegWit wallets and transactions. SegWit is a technical upgrade of the [Bitcoin](https://iq.wiki/wiki/bitcoin) blockchain protocol, which creates the basis for future improvements in the network, in particular, reducing transaction fees and increasing scalability[\\[1\\]](#cite-id-2l1nriinfx4)​[\\[3\\]](#cite-id-wr3eandhmvn).\n\nOn Bitpanda there are many ways to use fiat currency to buy cryptocurrency including credit card, debit card, bank transfer, EPS, Giropay, Neteller, Klarna, SEPA, Skrill, and cash (Bitpanda To Go). The company has also entered other markets like gold and silver. At the exchange office, a customer can exchange physical gold, silver, palladium, and platinum for other assets. There are no insurance or storage fees for the first 20 grams of gold, palladium, and platinum and first 200 grams of silver that a customer buys.\n\nBitpanda has a fee of 1.49% for every transaction. Bitpanda also charges additional fees for other services like storing gold or using certain payment methods.\n\nAside from regular deposits of national currencies via the Single Euro Payments Area system, as of July 11, 2018, Bitpanda partnered with the Austrian postal service (Österreichische Post) offering vouchers for use on Bitpanda's exchange platform, that can be purchased with cash.\n\n### Verifications and Limits\n\nBitpanda offers two types of verification methods: Light verification and Full verification. With the Light verification, a user can trade and swap all cryptocurrencies on the platform and also pay and withdraw using bank transfer. With Full verification, a user can use all features and services on the platform. It depends on the country where a customer lives[\\[3\\]](#cite-id-wr3eandhmvn)​[\\[8\\]](#cite-id-5WrWytzUTD).\n\nUsers have limits subjected to their payment method. When a user becomes fully verified, they can have access to the following limits:\n\n* Neteller and Skrill provides 10.000 EUR deposit limit to its verified users in 24 hours ;\n* Credit card, Ideal and Zimpler user's deposit limit is 2.500 EUR in 24 hours ;\n* SEPA provides 49.999 EUR deposit limit to its verified users in 24 hours and others.\n\n### Bitpanda Pro\n\nBitpanda Pro is an advanced digital asset exchange for institutions, professionals, and businesses where they can trade and connect trading bots to their API to facilitate automatic trading. The Bitpanda Pro exchange is fully regulated and is compliant to AML5. The same account for Bitpanda can also be used on Bitpanda Pro[\\[5\\]](#cite-id-pshkuhsxmi).\n\n### Pantos\n\nPantos is an initiative conceived by the team behind Bitpanda. Launched in collaboration with the Vienna Technical University, the Pantos system is financed via an [Initial Coin Offering](https://iq.wiki/wiki/initial-coin-offering) (ICO), which is finally to be released as an open-source service. As the first multi-blockchain token system, Pantos aims to bring blockchain projects closer together, improve communication between developers, researchers, and users, and set innovative standards for cross-chain token transfers[\\[4\\]](#cite-id-x7484qn6hub).\n\nIn its first year, the Pantos project successfully finished the initial research for Token Atomic Swap Technology (TAST). The Distributed Systems Group at the Vienna University of Technology published four Technical White Papers and developed the TAST research prototype. The team also successfully implemented Pantos (PAN) deposit and withdrawal features on Bitpanda, which allows users to deposit and withdraw Pantos (PAN) as an ERC-20 token on the [Ethereum](https://iq.wiki/wiki/ethereum) blockchain.\n\n### Bitpanda Ecosystem Token\n\nBEST is the Bitpanda coin, that offers users a wide range of benefits and perks within the Bitpanda ecosystem. BEST is the fuel of the Bitpanda ecosystem, which means that the Bitpanda platform, the Bitpanda Global Exchange and the Bitpanda Launchpad makes heavy use of incorporating BEST and offering users, who hold BEST, exclusive rewards, and perks.\n\n## Vision Chain Launch\n\nOn March 25, 2026, Bitpanda launched Vision Chain, a layer-2 network on [Ethereum](https://iq.wiki/wiki/ethereum), to provide institutional infrastructure for tokenization in Europe. Developed in collaboration with the Vision [Web3](https://iq.wiki/wiki/web3) [Foundation](https://iq.wiki/wiki/foundation) and built on Optimism's OP Enterprise model technology, the network aims to merge the transparency of public blockchains with the regulatory needs of traditional finance. \n\nVision Chain is designed for compliance with European regulations such as MiCAR, MiFID II, and DORA, and it uses euro-based fees to minimize volatility for financial institutions[\\[13\\]](#cite-id-oPp4aaHpyWBy2Rwt).\n\nThe network features a native token, Vision (VSN), used for governance, rewards, and network participation. \n\nThe economic model includes planned periodic token buybacks and [staking](https://iq.wiki/wiki/staking) incentives for long-term users. The launch is part of Bitpanda's strategy to serve the institutional market through its Bitpanda Enterprise division, positioning Vision Chain as a public, interoperable alternative to private blockchain solutions developed by large banks[\\[13\\]](#cite-id-oPp4aaHpyWBy2Rwt).\n\n## Funding\n\nIn September 2020, Bitpanda closed a $52 million Series A funding round from Valar Ventures, a venture capital firm backed by Peter Thiel. Vienna-based VC Speedinvest also participated, alongside other unnamed investors. The company will use the cash to expand internationally. It expanded to France, Spain, and Turkey in 2020, and plans to enter additional European markets[\\[6\\]](#cite-id-5c48axuuae).\n\nAs part of the investment, Valar Ventures' founding partner Andrew McCormack will also join Bitpanda's board.\n\n## Partnerships\n\n### Arsenal F.C.\n\nIn August 2025, Bitpanda became the Official Crypto Trading Partner of Arsenal Football Club. The multi-year deal includes branding across the team, stadium, and digital channels, as well as campaigns aimed at educating Arsenal's global fanbase on digital assets[\\[9\\]](#cite-id-lZVj7B4CJt)​[\\[10\\]](#cite-id-RVItMxCJsq).\n\n[YOUTUBE@VID](SAMXm1tKUH0)\n\n### UK Market Expansion\n\nIn August 2025, Bitpanda officially launched its services in the United Kingdom. The expansion includes its retail investment app, offering over 600 crypto assets, and its corporate arm, Bitpanda Technology Solutions, which enables banks and fintech companies to offer crypto trading. The company aims to establish the UK as one of its top three markets within two years of its launch[\\[10\\]](#cite-id-RVItMxCJsq).\n\n## Team\n\n* Eric Demuth - CEO [\\[14\\]](#cite-id-6D99vRzPD8YVHaOh)\n* Paul Klanschek - CEO [\\[11\\]](#cite-id-YlBwkjsjFo)\n* Christian Trummer - CTO [\\[12\\]](#cite-id-glcWxe4EQ9)","summary":"Bitpanda is an exchange for digital assets, such as cryptocurrencies and precious metals, based in Austria and founded in 2014.","images":[{"id":"QmcHj7KxxwLKc3NSUHnDYV4S65zqvHa3cgnjXSKNjsLgS6","type":"image/jpeg, image/png"}],"categories":[{"id":"exchanges","title":"Exchanges"}],"tags":[{"id":"CEXes"},{"id":"Organizations"}],"media":[{"id":"QmUWoJTVcoKy5UNWb1mxhWmf2NxYX1tLPWTRf4vTM6j9MZ","size":"0.363","name":"R (1).jfif","type":null,"source":"IPFS_IMG"},{"id":"QmdFeh1ATSxj93zzCjsxctaB6q7mh2eD7e8f6dmKYB2sSU","size":"0.219","name":"R (3).png","type":null,"source":"IPFS_IMG"},{"id":"QmNcGPzWfroNfo9E7FfWteK6xgPeonH7wvHzC9VGgFpp5c","size":"0.010","name":"R (4).png","type":null,"source":"IPFS_IMG"},{"id":"https://www.youtube.com/watch?v=szvPx05rsAc?si=Y5HLFfnElFenCwPW","size":null,"name":"szvPx05rsAc?si=Y5HLFfnElFenCwPW","type":null,"source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=SAMXm1tKUH0?si=oAWOHIdASu3E9zaj","size":null,"name":"SAMXm1tKUH0?si=oAWOHIdASu3E9zaj","type":null,"source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=szvPx05rsAc","size":"0","name":"szvPx05rsAc","type":null,"source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=SAMXm1tKUH0","size":"0","name":"SAMXm1tKUH0","type":null,"source":"YOUTUBE"}],"metadata":[{"id":"website","value":"https://www.bitpanda.com/en"},{"id":"facebook_profile","value":"https://www.facebook.com/BITPANDA"},{"id":"instagram_profile","value":"https://www.instagram.com/bitpanda/"},{"id":"twitter_profile","value":"https://twitter.com/bitpanda"},{"id":"youtube_profile","value":"https://www.youtube.com/c/BitpandaOfficial?view_as=subscriber"},{"id":"reddit_profile","value":"https://www.reddit.com/r/bitpanda/"},{"id":"telegram_profile","value":"https://t.me/BitpandaPro_EN"},{"id":"references","value":"[{\"id\":\"2l1nriinfx4\",\"url\":\"https://www.bitpanda.com/en/about-us\",\"description\":\"Company Profile\",\"timestamp\":1658408698976},{\"id\":\"zp734scgx78\",\"url\":\"https://twitter.com/bitpanda\",\"description\":\"Bitpanda on Twitter\",\"timestamp\":1658408781493},{\"id\":\"wr3eandhmvn\",\"url\":\"https://cryptotips.eu/en/review/bitpanda/#:~:text=Concluding%20this%20Bitpanda%20review%20we,currency%20may%20prefer%20this%20program.\",\"description\":\"Bitpanda Review\",\"timestamp\":1658408810676},{\"id\":\"x7484qn6hub\",\"url\":\"https://support.bitpanda.com/hc/en-us/articles/360006113299-What-is-Pantos-PAN-\",\"description\":\"Pantos info\",\"timestamp\":1658408831115},{\"id\":\"pshkuhsxmi\",\"url\":\"https://www.youtube.com/watch?v=tRRtAsEUQPU\",\"description\":\"Bitpanda - How to use the Bitpanda EX to Buy & Sell Crypto\",\"timestamp\":1658409014253},{\"id\":\"5c48axuuae\",\"url\":\"https://techcrunch.com/2020/09/29/crypto-exchange-bitpanda-closes-52m-series-a-from-valar-ventures-backed-by-peter-thiel/\",\"description\":\"Bitpanda closes $52M Series A from Valar Ventures\",\"timestamp\":1658409054844},{\"id\":\"Ubt4TnBrUc\",\"url\":\"https://www.bitpanda.com/en\",\"description\":\"Bitpanda - Start investing today\",\"timestamp\":1755604463839},{\"id\":\"5WrWytzUTD\",\"url\":\"https://www.youtube.com/watch?v=Yl0sUI7K6L0\\\\&ab\\\\_channel=Bitpanda\",\"description\":\"BEST | The Bitpanda Ecosystem Token\",\"timestamp\":1755604463839},{\"id\":\"lZVj7B4CJt\",\"url\":\"https://blog.bitpanda.com/en/bitpanda-and-arsenal-fc-bigger-goal#:~:text=Bitpanda%20is%20now%20the%20Official,excellence%2C%20innovation%2C%20and%20ambition.\",\"description\":\"Bitpanda and Arsenal F.C: for the bigger goal\",\"timestamp\":1755604463839},{\"id\":\"RVItMxCJsq\",\"url\":\"https://cointelegraph.com/news/bitpanda-launches-uk-crypto-assets-partnership\",\"description\":\"Bitpanda Launches in UK, Sets Two-Year Growth Target\",\"timestamp\":1755604463839},{\"id\":\"YlBwkjsjFo\",\"description\":\"Paul's X profile\",\"timestamp\":1755605209847,\"url\":\"https://twitter.com/TwinWinNerD\"},{\"id\":\"glcWxe4EQ9\",\"description\":\"Christian's X profile\",\"timestamp\":1755605228731,\"url\":\"https://twitter.com/christiant5r\"},{\"id\":\"oPp4aaHpyWBy2Rwt\",\"url\":\"https://www.bitget.com/amp/news/detail/12560605303310\",\"description\":\"Bitpanda launches Vision Chain, an Ethereum layer-2 network\",\"timestamp\":1774455273262},{\"id\":\"6D99vRzPD8YVHaOh\",\"url\":\"https://twitter.com/eric\\\\_demuth\",\"description\":\"Eric's X profile\",\"timestamp\":1774455273262}]"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmexLXr7YuDEdsbJLyENr5zmoSy1BFW2Xe2M5qatt1nHRA\""},{"id":"commit-message","value":"\"Removed introduction and overview section\""},{"id":"previous_cid","value":"QmexLXr7YuDEdsbJLyENr5zmoSy1BFW2Xe2M5qatt1nHRA"}],"events":[],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x7da121Af2c3Fc2e65eDCD3573a403C352B4538Aa"},"operator":{"id":"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"890fefa7-02a9-455a-85c9-ef97f520c165\",\"title\":\"Bitpanda\",\"description\":\"Bitpanda is an exchange for digital assets, such as cryptocurrencies and precious metals, based in Austria and founded in 2014.\",\"timestamp\":\"2026-03-25T16:36:01.807Z\",\"category\":\"Exchanges\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0x7da121Af2c3Fc2e65eDCD3573a403C352B4538Aa\",\"address\":\"0x212Cb3F4aE6611054637f9f78F18fB628AD258bb\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Content\",\"subtitle\":\"Added a new 'Vision Chain Launch' section, incorporated new internal links, and updated team member citations.\",\"variant\":\"modified\",\"changeCount\":5,\"changes\":[\"Added a new section 'Vision Chain Launch' detailing the launch of an Ethereum layer-2 network for institutional tokenization. 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