How can I deposit cryptocurrencies?

If you send coins to your deposit addresses, your Bitpanda wallet will be automatically credited with the correct amount, after confirmation by the network.

Depositing cryptocurrencies

To deposit cryptocurrencies on your Bitpanda wallet, please follow these steps:

Desktop Mobile App (Android) Mobile App (iOS)
  1. Log in to your account and click on Deposit in the top right corner
  2. Choose Assets and select the wallet you want to deposit to
  3. You're now in the respective cryptocurrency wallet where you can see your deposit address and the corresponding QR-code
  4. Make sure to read and follow the notes below for your cryptocurrency. Then use your deposit address to send coins from your other wallet to your Bitpanda wallet

Tip: You can also use the QR-Code instead of the deposit address.

Note: Cryptocurrency deposits to your Bitpanda wallet will be credited automatically as soon as they received six confirmations from the miners of the relevant network.

Usage of additional deposit addresses

In the beginning, you have one deposit address per wallet for each cryptocurrency. In order to generate additional deposit addresses and hence, make your transactions less traceable, you have to first of all use the address.

Note: Pay attention to the different minimum deposit amounts. Keep in mind, that your deposit will be lost below this limit. Please note, that this cannot be undone. Warning! Don't send any other cryptocurrencies or assets than the same asset to a deposit address, or you will lose them. Furthermore, please read the notices to each cryptocurrency below.

ERC20 tokens

Regarding ERC20 tokens please read this article:

Bitpanda ERC20 support

IOTA (MIOTA)

Due to the nature of the IOTA technology you can only use each IOTA address once for a single deposit. Depositing IOTA to the same address again, will result in the loss of the coins. To make more deposits to your Bitpanda IOTA wallet, make sure to create a new deposit address.

NEM (XEM)

Note: When depositing NEM to your Bitpanda wallet, it is necessary to add your correct Message otherwise your coins will be lost and the amount cannot be credited to your account.

Ripple (XRP)

Note: When depositing Ripple to your Bitpanda wallet, it is necessary to add your correct destination tag otherwise your coins will be lost and the amount cannot be credited to your account.

Stellar (XLM)

Note: When depositing Stellar to your Bitpanda wallet, it is necessary to add your correct memo otherwise your coins will be lost and the amount cannot be credited to your account.

For deposits, the memo has to be of type Memo ID or Memo Text.

For withdrawals you can also choose whether you want to use Memo ID or Memo Text. In case of a transfer to other services (i.e. exchanges), please check which memo type is required by the recipient and add it to your transaction.

EOS (EOS)

Note: When depositing EOS to your Bitpanda wallet, it is necessary to add your correct memo, otherwise your coins will be lost and the amount cannot be credited to your account.

Zcash (ZEC)

We only accept non-private Zcash transactions for deposits. Do not deposit from a private address (z-address). When you do so, your funds will be lost.

Litecoin (LTC)

If your LTC deposit address is not recognized, it probably is, because we are using SegWit or multi-signature addresses. However, our addresses are definitely valid LTC addresses.

Fees

You can see the current fees for deposits and withdrawals here.

Cryptocurrency address formats

Find out what cryptocurrency address formats are used on Bitpanda.

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