Quality degradation at Bitpanda: Buy Bitcoin securely  
Users report higher volume of Quality Issues than usual
22
poor

Bitpanda: Buy Bitcoin securely | unitQ Score

The unitQ score is the fraction of public feedback data (iOS & Android) that mentions quality issues.
100 = No Issues. 50 = Some Issues. 0 = All Issues
-39 Points Past 7 Days
Category: Finance
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30-Day Trend
 
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Android unitQ Score
Android User Feedback
62%
Android
64 Reports
iOS unitQ Score
iOS User Feedback
38%
iOS
39 Reports
User Feedback
38%
iOS
39 Reports
62%
Android
64 Reports
Bitpanda: Buy Bitcoin securely - Latest Quality Issues
Android
May 8, 2024
Some coins are unfortunately only "Trade Only" 🥲 so far, I hope this really changes in the future. And I can't cancel my transaction. 😅
iOS
May 8, 2024
Not recommended for trading
Trading only works if bitpanda wants, when the coin goes up, the exchange is always rejected, that's why I will delete my account
iOS
May 8, 2024
Hands off
The app is quite nice, but the platform is rather crap. Confirmation emails arrive sometime after 15 minutes, then of course the app throws an error and the whole thing starts again. The margins in trading are of course a cheek, but that's another topic.
iOS
May 8, 2024
ATTENTION for Austrian. Investor! Bitpanda retains 27.5% of revenue instead of revenue!
Bitpanda unjustifiably retains 27.5% of the sale amount and does not take into account the acquisition costs. For example: buy crypto at 2K, sell at a loss around 1.9K, now Bitpanda withholds 27.5% capital gains tax of 1.9K! This is illegal, because no yield was made. This "KESt" is lost, because you don't get it back in the tax return because of final taxation. The competence and legality of this company also makes me doubt the cheeky and brazen response of the support. Bitpanda therefore believes that you do not have to comply with Austrian regulations. please explain to us in more detail what you mean by turnover. Please note that we cannot give you any tax-specific tips. We are happy to currently count users from over 56 different countries on our platform. Unfortunately, as each country has its own specific tax regulations, it is not possible for us to know all of them. Therefore, we cannot answer questions about taxes. We recommend that you consult a financial advisor if you have any questions about this topic. We are sorry that we cannot help you with this.
Android
May 8, 2024
In financial transactions, security is the top priority, which this app does not convey to me. After the last update, you won't see your own values anymore. Catastrophe. No recommendation. What's going on?
iOS
May 9, 2024
crook
When selling, a massively lower price is charged than the current price. Absolute pushing! And the transaction fees are incredibly cheeky and high. Hands off!!!!!!!
iOS
May 9, 2024
Do not get Bitpanada if you want to withdraw BTC to another walltet
Bitpanda has blocked withdrawals to MY OWN walltet after a ‚saftey check‘ (whatever that means). Without giving me any reason they simply blocked it. finger off this app
Android
May 9, 2024
It's no longer manageable... is rather confusing... the previous version was much better from my point of view and the app was sympathetic!
Android
May 10, 2024
Good application with choice, but lack of transparency on fees. Always need to check to see the fees made on each trade.
Bitpanda: Buy Bitcoin securely - Product Description
Whether you want to invest in Bitcoin or Ethereum and build your crypto wallet, invest in stocks* or ETFs*, or invest in gold and other precious metals, Bitpanda is the trusted app for managing your finances & digital assets – all in one place.

INVESTING IS FOR EVERYONE
Bitpanda is an easy way to invest in Bitcoin, Ethereum, commodities, or any cryptocurrency, providing a fast & secure trading experience for all budgets. A trusted app for stocks* or ETFs* investing, as well as crypto coin staking, Bitpanda allows you to trade 24/7, outside market hours. Register your Bitpanda account & complete our secure verification process in just a few minutes.*

THE CRYPTO INVESTING APP FOR BEGINNERS
Anyone can invest in crypto with Bitpanda’s easy-to-use app – no investing experience necessary. Doesn’t matter if you’re a beginner starting to build your Bitcoin wallet or a seasoned investor, Bitpanda meets all your crypto & Bitcoin investing needs. You can check & manage your crypto, Bitcoin investments, stocks*, ETFs*, and precious metals anytime. Store your assets like Bitcoin and Ethereum worry-free in secure crypto wallets.

POPULAR ON BITPANDA
✔️ Buy, sell & exchange any cryptocurrency or precious metals 24/7, starting from just £1 (*from EUR 10 for Crypto Index products)
✔️ Ethereum staking and Bitcoin staking
✔️ Bitpanda Crypto Index (BCI)*
Invest in the top 5, 10, or 25 market cryptocurrencies (and more) & set up automated investing with Bitpanda Savings
✔️ Top Bitcoin app for digital investing: store Bitcoin in secure crypto wallets
✔️Get a Bitpanda Savings plan for stress-free, automated investing in cryptocurrency, BTC, Ethereum, and precious metals 

SPEND YOUR ASSETS LIKE CASH
✔️ The Bitpanda Card
Get a free Visa debit card connected to your Bitcoin wallet, making your investments instantly spendable without ever topping up
✔️ Connect any asset in your crypto wallet to the card using the Bitpanda app
✔️ Spend your crypto, metals, or other assets with the tap of a card – anywhere you see the Visa logo

A SECURE, REGULATED TRADING PLATFORM
✔️ Free Bitcoin wallet service included
✔️ Free service for other crypto wallets
✔️ Fiat currencies (British pound, euro, Swiss franc, and US dollar)

EXPLORE FRACTIONAL STOCKS*
• Invest in small slices of your favourite stocks*
• Fractional stocks* such as Tesla, Apple, and Amazon
• Commission-free investing & tight spreads, available 24/7 

BITPANDA FEATURES AT A GLANCE
• Selection of your favourite cryptos
• Secure your assets like Bitcoin in crypto wallets
• Set price alarms
• Optimised management of your investments, stocks, and ETFs*
• Buy, sell, and swap Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Pantos (PAN), Dogecoin (DOGE), SHIBA INU (SHIB), IOTA (MIOTA), Litecoin (LTC), Chainlink (LINK), Cardano (ADA), and other coins on our cryptocurrency platform

PAYMENT & PAYOUT METHODS
• SEPA: Instant deposit
• Credit card: Visa/Mastercard (deposits only)
• NETELLER
• Skrill
• GIROPAY/EPS (deposits only)
• Bank transfer
• iDeal

*For more info on the Bitpanda Crypto Indices, Bitpanda Stocks and ETFs, please refer to the respective prospectus and the PRIIPs Key Information Documents (KIDs) on bitpanda.com. Bitpanda Stocks are contracts replicating an underlying stock or ETF.

About Bitpanda
Bitpanda GmbH is a trusted fintech company based in Vienna, Austria that is tearing down the barriers to investing and personal finance by offering digital assets and blockchain technology like cryptocurrency, precious metals, fractional stocks, and ETFs – bringing traditional financial products into the 21st century.

What are cryptocurrencies like Bitcoin or Ethereum?
Cryptocurrencies are digital assets regarded as investments. They are secured in decentralised networks, not controlled by any individual actors, and are used in technical applications and as means of payment. Transactions are recorded in blockchains. The most popular types of cryptocurrency are Bitcoin (BTC) and Ethereum (ETH).
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