1. Bitpanda Helpdesk
  2. Deposits & withdrawals
  3. General

How to make instant deposits with PayPal on Bitpanda

Bitpanda now offers instant deposits via PayPal for UK users.
This quick guide explains how to deposit funds using PayPal on your Bitpanda account, ensuring a smooth and secure transaction experience tailored to UK requirements.

Availability

  • PayPal deposits are available to UK-based users with a verified Bitpanda account.

  • PayPal accounts must be registered in the UK to avoid cancellations due to country mismatch.

  • Supported currency for PayPal deposits are GBP.

UK Regulatory Context

(Why do we need this)

  • Complies with the UK Money Laundering Regulations 2017 (MLRs), especially Regulations 28 & 33 concerning customer due diligence and enhanced due diligence (EDD).

  • Aligned with FCA Consumer Duty: prioritising fair treatment, transparency, and protection of retail customers.

  • Consistent with UK cryptoasset AML expectations, including transaction traceability and fund origin verification.

Steps to Deposit Using PayPal

1
Log in to your Bitpanda accountSign in at bitpanda.com or via the mobile app.
2
Initiate a depositClick the “Deposit” button on your dashboard.
3
Select your currencyChoose “Cash” and select the amount in GBP you want to deposit.
4
Choose PayPal as your payment methodSelect “PayPal” from the list of available options.
5
Authorise the paymentYou will be redirected to PayPal to log in and approve the transaction.
6
Return to BitpandaOnce authorised, you’ll be redirected back. Funds will appear in your account instantly.

Important Notes

  • Email match required:
    Your PayPal email must match the email registered with your Bitpanda account to complete the deposit successfully.

  • 7-day withdrawal hold:
    Deposited funds can be used for trading immediately. However, they will only be available for withdrawal (cash or crypto) after a 7-day waiting period, in line with anti-fraud safeguards.

Transparency & Support

  • Bitpanda uses blockchain analytics tools to monitor crypto transactions and ensure compliance with UK AML obligations.

  • If you have any accessibility needs or are in a vulnerable situation, please contact our support team here. We are committed to providing clear and fair support for all users.