Der Wallet Bitpanda is your gateway to the bank account. Here you can exchange Euro to Bitcoin and vice versa, deposit from the bank account or pay it out.
Again, this switch portal is the most user friendly I’ve ever tested. Everyone can find their way here!
You can log in here: BitPanda website
After successful login you will get to the following main page:
Here you can choose between the different Crypto Wallets (Bitcoin, Etherium, Dash, Litecoin, BitcoinCash and Ripple). Not only do you see your credit on the Crypto currencies, but also your Euro credit, that you can switch to Cryptos, but can also pay it off again. It is thus possible to switch back and forth between the different currencies and thus to trade.
To be able to trade with Cryptos, it is initially necessary to pay a certain amount of euros. You can then change it as you like, or you can withdraw it again.
Click on “Deposit” in the upper right corner and select the desired currency.
When can you still choose between the following deposit methods:
change Euro to Bitcoin
If you now want to change the paid Euro into Bitcoin, just click on “Trade” and then on “Buy”.
Now you can choose which crypto currency you want to switch to.
Of course, it makes sense to change Euro in Bitcoin when the Bitcoin price is low, because then you get the most for your money!
change Bitcoin to Euro
If you want to sell your Bitcoins or other Crypto currency again, just click on “Trade” and then “Sell”.
On the following pages you then choose again the desired crypto currency, which you want to sell until you have the amount back in euros.
If you then click on your Euro Wallet, you can then transfer them directly via “Payment” to your account.
Of course it makes sense to change Bitcoin to Euro when the Bitcoin price is high, because then you get the most for your money!
send Bitcoins to BitPanda
For example, if you want to withdraw geminated Bitcoins in Euros, you must first send them to Bitpanda. For this you simply send them to the deposit address, which appears on the respective wallet.
To see your address, click on “Wallets” above and then on the small icon with the 3 boxes at the respective crypto currency.
And this is what your deposit address looks like:
To transfer bitcoins from BitPanda to another platform, click on “Send” above and just follow the next steps.
Simply enter the payout address (the address of the platform to which you wish to transfer money), the desired amount and click on “Send”.