Bitpanda Cash Plus lets you put your cash to work and earn market-leading returns on your money. It’s an easy way to grow your wealth, right alongside our other products like Bitpanda Staking, Bitpanda Spotlight and Bitpanda Leverage.
How does it work?
When you activate Cash Plus, your selected cash balance is automatically moved to your Cash Plus balance every working day. For your money to start earning rewards, it needs to stay in your Cash Plus balance for at least 24 hours.
If you hold BCPEUR in your wallet for more than 24 hours (passing the 10:00 CET move), those funds will generate rewards for that day.
How to turn on Cash Plus:
You can activate the program in just a few steps:
Once active, any new cash you deposit or receive from selling assets will automatically join your Cash Plus balance during the next daily sweep.
How to spend, withdraw, or turn off Cash Plus:
You never lose access to your money.
You don't need to manually turn off Cash Plus. Just use your cash to trade or withdraw at any time. We will automatically use your Cash Plus balance.
The remaining cash will be automatically returned to your Cash Plus balance the next working day.
Simply switch off the Join Cash Plus toggle in your fiat wallet. Turning it off will not affect any rewards you have already earned.
How the payout works/When will I receive my yield?
Your total earnings and next payout date are always visible in your Cash balance overview. You can view your past payouts in your transaction history.
With Bitpanda Cash Plus, where is my money going exactly?
The return is generated by investing in a derivative contract in which the underlying asset is a money market fund. This type of fund is trusted by banks and large corporations to keep their money safe and accessible while giving them a return. Each month your return is calculated and paid out as a dividend, similar to a corporate action.
Bitpanda offers derivative contracts for EUR, GBP and USD in which a Money Market Fund is always the underlying.
Click on any underlying fund in the table below to view its specific currency, management company, and institutional-grade credit ratings.
| Name of Fund | Currency | ISIN | Rating (S&P/Moody’s/Fitch) |
|---|---|---|---|
| BlackRock ICS Euro Liquidity Fund | EUR | IE00GWTNRJ7 | AAAm/Aaa-mf/AAAmmf |
| BlackRock ICS US Dollar Liquidity Fund | USD | IE00B44BQ083 | AAAm/Aaa-mf/AAAmmf |
| BlackRock ICS Sterling Liquidity Fund | GBP | IE00B3L10356 | AAAm/Aaa-mf/AAAmmf |
Understanding the risks
Short-term money market funds have low volatility. The main reason your yield will change is because of central bank interest rate decisions:
Your EUR Cash Plus yield changes dynamically in line with decisions made by the European Central Bank.
While these funds are considered low-risk and hold the highest possible credit ratings, returns can still go up or down. Full details about this product, the issuer, and the relevant risks are available in the prospectus and in the investor information document.
What are the expected yields on each supported currency?*
Gross Yields:
*Variable yields as of 07/2026
FAQ's
When do I start receiving returns? +
Your money starts calculating rewards once it has been moved into the Cash Plus program and held as a BCP balance (like BCPEUR) for at least 24 hours.
For example, if you deposit Euros, they are moved at around 10:00 CET into BCPEUR. If you keep those funds in your wallet until at least 10:00 CET the following day, you will generate rewards for that day.
What is BCPEUR, BCPGBP, or BCPUSD? +
These are the internal system ticker symbols Bitpanda uses to show that your funds are successfully opted into Cash Plus. When you see BCPEUR in your wallet, it means your Euros have been converted into our Cash Plus product and are actively generating yield.
How is the yield generated? +
The return is generated by investing in a derivative contract in which the underlying asset is a Money Market Fund. Each month your return is calculated and paid out as a dividend, similar to a corporate action.
What is a Money Market Fund? +
A money market fund is a mutual fund that focuses on investing in low-risk securities with short-term maturities, including cash and cash equivalent securities. This type of fund is trusted by banks and large corporations to keep their money safe and accessible while giving them a return.
Bitpanda Cash Plus invests in these money market funds on your behalf, allowing you to invest your cash and generate returns higher than many traditional savings accounts, all while maintaining liquidity and safeguarding your capital.
Are there fees involved? +
While there are no buy and sell fees, we deduct a small fee from the yield earned before paying it out to customers. However, as a BEST VIP member, you enjoy reduced fees, further maximising your earning.
The BEST VIP programme will remain available to legacy members until the end of 2026.
Please note that fees for depositing EUR, USD or GBP may be applied depending on the currency or payment method selected. For more information, please have a look here. Also, be aware that your bank may charge additional fees for foreign currency transfers.
Are received yields taxable events? +
Yes. The regulatory framework for taxation differs from country to country. Please contact your personal tax advisor for further information about your individual situation.