URL: https://exchangesteps.com/how-to-deposit-on-bitpanda Updated: 2026-11-11 Sources: https://support.bitpanda.com/hc/en-us/articles/360000129300-Deposit-cash , https://support.bitpanda.com/hc/en-us/articles/360000129560-How-can-I-deposit-money-to-my-fiat-wallet-and-how-do-I-buy-cryptocurrencies , https://support.bitpanda.com/hc/en-us/articles/16259273206044-Bitpanda-s-fees-and-premiums-explained , https://support.bitpanda.com/hc/en-us/articles/360000902525-What-fees-and-premiums-can-I-expect-to-pay-on-Bitpanda , https://support.bitpanda.com/hc/en-us/articles/115003802105-How-long-will-it-take-for-a-deposit-or-withdrawal-to-appear-on-my-Bitpanda-or-bank-account , https://support.bitpanda.com/hc/en-us/articles/14173796564508-How-to-make-instant-deposits-with-PayPal-on-Bitpanda , https://support.bitpanda.com/hc/en-us/articles/4907738643228-Bank-transfers-with-open-banking-via-Tink , https://support.bitpanda.com/hc/en-us/articles/115005280545 , https://support.bitpanda.com/hc/en-us/articles/360000123199-Payment-methods-and-limits , https://www.bitpanda.com/en/move-crypto , https://www.bitpanda.com/en/prices/cryptocurrencies/stablecoins , https://support.bitpanda.com/hc/en-us/articles/360000905909-How-to-Deposit-Cryptocurrencies # How to Deposit on Bitpanda > **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](https://exchangesteps.com/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. > 💡 **Looking for USDT?** Bitpanda doesn't offer USDT to EU users. Use **USDC** instead (Bitpanda also has EURC and EURCV). ## 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](https://exchangesteps.com/usdt-networks). ## 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 →](https://exchangesteps.com/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.*