How to Deposit on Bitpanda

By Youssef Adel · Last updated: November 11, 2026

Quick answer Bitpanda only serves residents of supported European countries (the EU, the UK, Switzerland, Norway, Iceland, Liechtenstein, Turkey, Serbia and a few others), not residents of Arab countries. There's no P2P: you deposit straight from your bank or card. In the app: Trade → Deposit → Cash, choose your currency wallet (EUR, GBP, CHF, PLN…) and the method, enter the amount, tap Continue → Deposit now, and confirm with the SMS-PIN. A SEPA bank transfer is free from Bitpanda and SEPA Instant arrives within minutes. Card, Apple Pay and PayPal (1.49%, some countries only) are instant. The minimum is EUR 10 (or the equivalent). Then buy with Trade → Buy. Bitpanda doesn't offer USDT to EU users: the stablecoin is USDC.

Open Bitpanda →

Right after you sign up: verify your account and have your ID card or passport ready. The steps are here: Bitpanda identity verification

Currencies	EUR, USD, GBP, CHF, TRY, PLN, HUF, CZK, DKK, SEK
Cheapest method	SEPA bank transfer (free from Bitpanda)
Fastest	SEPA Instant, card, Apple Pay, PayPal
Minimum	EUR 10 or the equivalent
P2P	Not available on Bitpanda

Deposit methods compared

Method	Speed	Good to know
SEPA bank transfer	1-3 business days	Free from Bitpanda. Add the payment reference Bitpanda shows you.
SEPA Instant	Within minutes	Up to EUR 100,000. Choose SEPA Instant in Bitpanda, then switch on Instant in your bank app.
Card (Visa, Mastercard)	Instant	No extra fee from Bitpanda
Apple Pay	Instant	No extra fee from Bitpanda
PayPal	Instant	1.49% fee, EUR or CHF only, in some countries (see below)
EPS, Sofort, Giropay	Instant	Instant payment methods listed by Bitpanda
Online transfer (open banking via Tink)	-	EUR and GBP, mainly German and Austrian banks, no Bitpanda fee. In the app: Deposit → Online transfer
SWIFT	3-5 business days	Slower than SEPA

How to deposit in the app

Step 1: Open Deposit

Tap Trade, then Deposit, then Cash.

Step 2: Choose your wallet and method

Pick the currency wallet you want to fill (EUR, for example), then the payment method.

Step 3: Enter the amount

Type in the amount and tap Continue.

Step 4: Confirm

Check the summary and tap Deposit now. Enter the SMS-PIN and tap Send. For a bank transfer, Bitpanda shows you its bank details and a payment reference: copy the reference into your transfer, otherwise Bitpanda can't match the money to your account.

Open Bitpanda and deposit →

How to deposit on the website

Click Deposit → Fiat currencies, choose the wallet and the method, enter the amount and click Go to summary. Confirm that the payment method is yours, click Confirm and enter the SMS-PIN (no SMS-PIN for a bank transfer).

Minimum deposits

Currency	Minimum
EUR, GBP, CHF, USD	10
PLN	45
HUF	4,000
CZK	250
DKK	75
SEK	125

A deposit below the minimum isn't credited, so don't send less.

Daily limits on a verified account: 20,000 by card, 10,000 by online payment methods and 10 million by SEPA.

Paying with PayPal

Available in Austria, Germany, Italy, France, Sweden, Spain, Portugal, Slovenia, Belgium, Switzerland and the UK.
EUR and CHF only, with a 1.49% fee.
Your PayPal account must use the same email as your Bitpanda account.
After a PayPal deposit, withdrawals are blocked for 7 days.

After depositing: buy crypto

In the app: Trade → Buy, pick the asset, choose the cash wallet to pay from, enter the amount, tap Continue, check the summary and tap Buy now. On the website it's the same with Trade → Buy and Buy now on the summary.

Minimum buy: EUR 1, GBP 1, CHF 1.50, USD 1.50, TRY 10, PLN 5, SEK 10, DKK 7, HUF 400, CZK 25.
Fee: shown on the summary before you confirm, between 0.00% and 2.49%. For Bitcoin, Bitpanda includes a 0.99% premium in the price, and the price you see is valid for 20 seconds.

Receiving crypto from another exchange

Incoming crypto deposits are free, but your first crypto deposit only works after a cash deposit of at least EUR 10.

USDC: Bitpanda accepts native or bridged USDC on the Polygon network. Make sure the sending exchange uses Polygon.
Holding USDT elsewhere? Bitpanda recommends converting it to USDC before you transfer it.

Networks explained: TRC20, BEP20 and ERC20

Common problems

My bank transfer hasn't arrived

A standard SEPA transfer takes 1-3 business days. Check that you included the payment reference.

My deposit wasn't credited

It may be under the minimum (EUR 10 or the equivalent).

I can't withdraw after paying with PayPal

Withdrawals are blocked for 7 days after a PayPal deposit.

My first crypto deposit isn't possible

Make a cash deposit of at least EUR 10 first.

Frequently asked questions

Is depositing on Bitpanda free?

A SEPA bank transfer is free from Bitpanda, and Bitpanda says no extra fees apply to Apple Pay or card payments. PayPal costs 1.49%.

Can I deposit in Egyptian pounds or Saudi riyals?

No. Bitpanda's currencies are EUR, USD, GBP, CHF, TRY, PLN, HUF, CZK, DKK and SEK.

Is there P2P on Bitpanda?

No. You deposit straight from your bank, card, Apple Pay or PayPal.

What is the minimum deposit?

EUR 10, GBP 10, CHF 10 or USD 10 (other currencies have their own minimum).

Can I buy USDT on Bitpanda?

Not as an EU user. Buy USDC instead.

Next step

How to withdraw from Bitpanda →

Last updated: 21 October 2026 · Sources: Bitpanda's official help pages on depositing cash (edited 14 October 2026), fees (edited 22 September 2026), PayPal deposits (edited 4 September 2026) and minimum deposits (edited 21 September 2026). Button names may differ depending on your app language.