URL: https://exchangesteps.com/how-to-withdraw-from-bitpanda
Updated: 2026-11-11
Sources: https://support.bitpanda.com/hc/en-us/articles/360000129400-Withdraw-cash , https://support.bitpanda.com/hc/en-us/articles/12847440061468-Withdrawal-limits , 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/360000902845-Withdraw-cryptocurrencies , https://support.bitpanda.com/hc/en-us/articles/360000905909-How-to-Deposit-Cryptocurrencies , 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/360013898239-Countries-supported-for-verification

# How to Withdraw from Bitpanda

> **Quick answer**
> Bitpanda is only for residents of supported European countries (the EU, the UK, Switzerland, Norway, Iceland, Liechtenstein, Turkey, Serbia and a few others), **not for residents of Arab countries**. **To get cash to your bank:** in the app, **Trade** → **Withdraw**, choose the currency and a bank account **in your own name** (add one with **+**), tap **Continue** → **Withdraw now**, then click **Confirm Transaction** in the email Bitpanda sends you. The minimum is **EUR 10**. **To send crypto:** **Trade** → **Send**, choose the asset, the network and the recipient, enter the amount and confirm by email. For **USDC**, Bitpanda sends **only on Polygon**, so the receiving wallet or exchange must support USDC on Polygon.
>
> **[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).

| | |
|---|---|
| **Cash minimum** | EUR 10 |
| **Bank account** | Must be in the same name as your Bitpanda account |
| **Confirmation** | By email (**Confirm Transaction**) |
| **SEPA arrival** | 1-3 business days (SWIFT: 3-5) |
| **USDC network** | Polygon |

## Method 1: Withdraw cash to your bank account

If your money is in crypto, sell it into your cash wallet first, then:

1. In the app, tap **Trade** → **Withdraw**.
2. Choose the currency (EUR, for example).
3. Choose your payout bank account, or tap **+** to add one. **The account holder name must match your Bitpanda name.**
4. Enter the amount and tap **Continue**, then **Withdraw now**.
5. Open the email from Bitpanda and click **Confirm Transaction**.

**On the website:** **Portfolio** → **Cash**, choose the currency and click **Withdraw**. Pick the payout account, enter the amount, click **Go to Summary** → **Confirm**, then click **Confirm Transaction** in the email.

> 💡 **Just deposited?** Wait **1-2 business days** after a deposit before withdrawing. After a **PayPal** deposit, withdrawals are blocked for **7 days**.

> ⚠️ **A bank account in someone else's name won't work**, not even a family member's. Use an account in your own name.

## Method 2: Send crypto to a wallet or another exchange

1. Tap **Trade** → **Send** (or open the asset and tap **Send**).
2. Choose the **network**.
3. Choose a saved recipient or tap **+** to add one. Bitpanda asks for the **recipient's name** and where the address is held: **Self-hosted wallet**, an exchange from the list, or **Other host**.
4. If the coin needs a **memo or tag**, enter it.
5. Enter the amount and tap **Go to summary** → **Continue** → **Confirm**.
6. Click **Confirm Transaction** in the email Bitpanda sends you.

> ⚠️ **USDC goes out on Polygon only.** Before sending, check that the receiving wallet or exchange accepts **USDC on the Polygon network**. If it doesn't, the funds may be lost.

> 💡 **Sending to your own wallet?** Choose **Self-hosted wallet** as the host. For long-term storage, see [hardware wallets: Ledger vs Trezor](https://exchangesteps.com/hardware-wallet-ledger-vs-trezor).

Networks explained: [TRC20, BEP20 and ERC20](https://exchangesteps.com/usdt-networks).

## Common problems

**My withdrawal hasn't gone out**
- Check your inbox (and spam folder): the withdrawal only goes out after you click **Confirm Transaction**.

**My bank withdrawal was rejected**
- The account holder name must match your Bitpanda name.

**I can't withdraw right after depositing**
- Wait 1-2 business days after a deposit, or 7 days after a PayPal deposit.

**The other exchange doesn't show my USDC**
- Check that it supports USDC on Polygon and that you chose the right network.

## Frequently asked questions

**How long does a Bitpanda withdrawal take to reach my bank?**
A standard SEPA transfer takes 1-3 business days; SWIFT takes 3-5.

**What is the minimum withdrawal?**
EUR 10.

**Can I send USDT from Bitpanda?**
Bitpanda doesn't offer USDT to EU users. Send USDC on Polygon instead.

**Why do I have to enter the recipient's name?**
When you add a recipient, Bitpanda asks for the name and where the address is held. For your own wallet, enter your name and choose Self-hosted wallet.

## Back to the start

**[Bitpanda tutorial for beginners →](https://exchangesteps.com/bitpanda-guide)**

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*Last updated: 21 October 2026 · Sources: we checked every step against Bitpanda's official help pages "Withdraw cash" (edited 22 January 2026) and "Withdraw cryptocurrencies" (edited 6 March 2025).*