Wallet

Bitpanda provides an online wallet that allows traders to trade and store their cryptocurrencies on the platform. You will get access to the wallet immediately you make your first purchase, and from then henceforth, you can use the wallet to store and transfer fiat and crypto-assets.

However, it is important to point out that online wallets are not secure, and as such, you are advised only to hold some currencies of fiat there if you plan on making a trade. Your crypto and fiat assets are more secure if they are stored in a cold storage wallet.

In terms of security, the wallet is only accessible through the web browser, that’s SSL encrypted. The wallet also allows you to activate two-factor authentication to beef up the security of the wallet.

Additionally, Bitpanda’s online wallet is integrated with SegWit (segregated Witness) to help eliminate the possibility of some recipients intercepting and modifying transactions initiated by the sender, so that they can get more coins.

Savings

With the Bitpanda savings, you can invest automatically on digital assets without having to watch the market.

Metals

If you wish to diversify your investment portfolio, this service will suit you. It allows you to invest in metals such as gold, palladium or silver.

Swap

This service provides you with a secure way to exchange one digital asset for another, for example, Gold with Crypto. There is no set limit for the swaps in terms of transaction size.

Ecosystem Token

The Bitpanda Ecosystem Token, otherwise referred to as BEST offers you with great rewards and benefits for being a member of the Bitpanda ecosystem. Once you invest in BEST, you will start receiving a 25% reduction on the trading premiums and other rewards that Bitpanda will create.

App

Bitpanda has its own app that provides all the features found on its website. You can use it to store fiat currencies and cryptocurrencies. It supports more than ten payment methods, which makes it quite convenient. The app is available for android and iOS users.

Pay

The Bitpanda Pay service allows Bitpanda users to pay bills using funds in their account. You can pay rent, shop, or send money to friends within the European Union and beyond. Bitpanda Pay is provided by the Bitpanda Payments, which is regulated under the regulation PSD.