Earn more on your cash

If you need some cash, you can simply move it out of your Cash Plus balance anytime.

If you decide to opt out of Cash Plus entirely, you can do so without any loss of your earnings. When you choose to opt out, your entire Cash Plus balance will automatically be moved back to your fiat wallets, and you will cease earning yield from that point onward. Rest assured that the earnings you have accumulated thus far will remain intact.

If you want to invest your Cash Plus balance in other assets, you have full flexibility to do so at any time. When buying an asset, you simply use your Cash Plus balance.

The payout is distributed monthly and based on the amount of money you had invested and the duration of investing. Your dividend will get paid on the fourth Austrian bank working day of the next month you moved your asset to Bitpanda Cash Plus.

Your total yields as well as the next payout date are visible in your Cash balance overview in your Bitpanda wallet at all times. All past payouts can be found in your transaction history.

The return is generated by investing in a financial instrument 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.

The respective Money Market Funds we are utilising as underlyings for Bitpanda Cash Plus are listed below:

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, giving you the option to invest your cash and generate returns higher than many traditional savings accounts, all while maintaining liquidity and safeguarding your capital. Furthermore, the money market funds we selected for Bitpanda Cash Plus are professionally managed and offer our users high flexibility. These funds also bring benefits such as diversification, professional management, and the ability to quickly convert shares into cash on a daily basis.

Short term money market funds - such as those used for Bitpanda Cash Plus - have low volatility and the main driver for adjustments of the yield are changes in interest rates (European Central Bank interest rate for EUR money market fund, the Federal Reserve interest rate for USD money market fund, Bank of England interest rate for GBP money market fund). It's important to understand that although Bitpanda Cash Plus money market funds are generally considered low-risk and have the highest possible ratings, returns from Bitpanda Cash Plus can still rise or fall and are subject to change. Further details about this product, the issuer and the relevant risks are available in the prospectus and in the investor information document.

Yes. The regulatory framework for taxation differs from country to country. Please contact your personal tax advisor for further information about your individual situation. More information here.