Ease of use
BitPanda, formerly known as Coinimal, is a Bitcoin, Ethereum, Dash and Litecoin web wallet with its own trading facility that allows users to buy cryptocurrencies with fiat currency (EUR) and to receive them within minutes. Bitpanda offers 2-Factor Authentication security and several payment methods for cryptocurrency purchases, including:
SOFORT Überweisung (Sofort AG)
SEPA (European Bank Transfer)
EPS (Austrian Instant Bank Transfer)
Skrill OBT (Online Bank Transfer)
Bitpanda also offers coupons and hosts occasional raffles.
BitPanda is an online centralized web wallet with its own internal trading platform allowing users to but cryptocurrencies with fiat money. It currently supports Bitcoin, Litecoin, Dash and Ethereum. It lacks features like HD wallet, Multi-signature and is not open source. It only has 2 factor authentication but the most discouraging thing is that a third party stores all the users private keys that means they have access to any BitPanda users wallet i.e low anonymity. It is formerly known as Coinimal. It also allows users to purchase discount vouchers and gift cards.
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