News • 2 min read
By Bitpanda
16.05.2022
We’ve all witnessed the recent turmoil in the crypto world, from liquidity scares and bear market turbulence to stablecoin destabilisation and commotion around crypto-asset ownership. As always, we want to be transparent with you and provide clear insight into our practices to help cut through the noise. Read on to learn how Bitpanda keeps your money safe.
When you invest with Bitpanda, you do. You are the beneficial owner of your assets and we hold them in custody, as a trustee. It’s your investment, your assets - we just keep them safe. All assets are held in a highly-secure environment. As a result, if something goes wrong, you cannot be treated as an unsecured creditor and you don’t risk losing your assets. Instead, you assert the right of separation under Austrian law.
So whether you want to move it, trade it, invest it or grow it; it’s your investment, your choice.
Want to keep your assets safe? We’re more than happy to hold them in custody for you. All you have to do is:
Login to your Bitpanda account on the web platform
Click “Deposit”
Click “Cryptocurrencies”
Click “Create new address”
Use the deposit address to transfer your assets safely to Bitpanda (Always triple check the assets sent are compatible so that they aren’t lost)
The safety of our customers and their assets is our top priority. The Bitpanda Group diligently follows European law and regulation, and Bitpanda GmbH is a registered virtual asset service provider (VASP) with the Austrian, French, Spanish, Italian, Czech, and Swedish Financial Authorities.
Bitpanda Payments GmbH possesses a payment service provider licence under PSD2, recently becoming an E-Money Institute and Bitpanda Financial Services GmbH holds a MiFID II investment firm licence with strict user verification processes that are fully compliant with AML5. We also operate in accordance with the EU’s General Data Protection Regulation (GDPR) with strict security measures that meet high international safety standards.
Learn more about us, our values and our vision for the future of investing.
Disclaimer: The information shared in this article does not constitute investment advice. Investing carries risks. Make sure you conduct your own research before concluding a transaction. Find out more info in our T&Cs.
* Stocks and ETFs are underlying assets of the contracts offered as Bitpanda Stocks, brought to you by Bitpanda Financial Services. More information at bitpanda.com.
Bitpanda GmbH ve grup şirketleri (Bitpanda) Türk Parasının Kıymetini’nin Korunması Hakkında 32 sayılı Karar’ın 2/b maddesine göre Türkiye’de yerleşik sayılan hiçbir kişiye yönelik olarak 6362 sayılı Sermaye Piyasası Kanunu başta olmak üzere Türkiye Cumhuriyeti Devleti mevzuatı hükümleri gereği Türkiye’de faaliyet izni gerektiren hiçbir sermaye piyasası faaliyetine dair hizmet sunmamaktadır. Şayet Bitpanda’nın yabancı sermaye piyasalarında vermiş olduğu hizmetlerden Türkiye’de yerleşik kişilerin faydalandığı tespit edilecek olursa tüm zararları kullanıcıya ait olmak üzere bu hizmetler ivedilikle sona erdirilecektir.
We use cookies to optimise our services. Learn more
The information we collect is used by us as part of our EU-wide activities. Cookie settings
As the name would suggest, some cookies on our website are essential. They are necessary to remember your settings when using Bitpanda, (such as privacy or language settings), to protect the platform from attacks, or simply to stay logged in after you originally log in. You have the option to refuse, block or delete them, but this will significantly affect your experience using the website and not all our services will be available to you.
We use such cookies and similar technologies to collect information as users browse our website to help us better understand how it is used and then improve our services accordingly. It also helps us measure the overall performance of our website. We receive the date that this generates on an aggregated and anonymous basis. Blocking these cookies and tools does not affect the way our services work, but it does make it much harder for us to improve your experience.
These cookies are used to provide you with adverts relevant to Bitpanda. The tools for this are usually provided by third parties. With the help of these cookies and such third parties, we can ensure for example, that you don’t see the same ad more than once and that the advertisements are tailored to your interests. We can also use these technologies to measure the success of our marketing campaigns. Blocking these cookies and similar technologies does not generally affect the way our services work. Please note, however, that while you’ll still see advertisements about Bitpanda on websites, the adverts will no longer be personalised for you.