📋 Step-by-Step Guide for Bitpanda
1. Create an Account
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Go to www.bitpanda.com
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Click on "Sign Up"
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Enter your email address and password
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Confirm your registration via the link sent to your email
2. Verify Your Identity
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Log in and go to "Start Verification"
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Have your ID card or passport ready
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Follow the video identification process (usually quick)
🔒 Why?: Verification is required by law (KYC – Know Your Customer)
3. Deposit Funds
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Click on "Deposit"
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Choose your preferred currency (e.g., EUR or CHF)
Payment methods:
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SEPA bank transfer (free, 1–2 days)
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Instant transfer (fast, small fee)
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Credit card, PayPal (higher fees)
Enter the amount and confirm the transaction
4. Buy Cryptocurrencies
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Click on "Trade" > "Buy"
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Select the cryptocurrency: Bitcoin
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Enter the amount
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Choose the payment method (Bitpanda Wallet or direct payment)
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Confirm the purchase
5. Make a Payment
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Go to Portfolio > Bitcoin > Send
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Enter the recipient address
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Specify the amount
If needed:
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Wallet Name: Wasabi
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Wallet Host: self-hosted