Bitpanda
DeFi Wallet

No, but connecting your Bitpanda account unlocks extra features like sponsored gas fees, one-click onboarding, and Bitpanda Backup.

No. You remain in full control of your keys and assets. It’s 100% self-custodial with an optional backup for peace of mind.

If you’ve enabled Bitpanda Backup, you can recover your wallet within seconds. If not, you’ll need your seed phrase.

Your seed is divided into two encrypted shards. One part is held by Bitpanda, the other is saved in your cloud (iCloud/GDrive). Both parts are needed to restore your wallet, so you remain the sole owner—no one else can move your assets.

Yes. It’s protected by Bitpanda’s high-security standards and built for onchain safety—including smart contract screening.

No. The wallet automatically handles multichain swaps—no manual switching or bridging required. Just select the network and let the wallet handle the rest!

We route trades through multiple liquidity sources to give you the most efficient swap possible at the time.

Imports only work for the Bitpanda DeFi Wallet at the moment, but we are considering building a tool that makes it easier to move an external wallet into our app.

Currently, the Earn section only supports lending, with staking and yield farming coming in the Earn section 2.0.

Currently, the wallet is available as a mobile app.

You’ll still have full control, but you’ll be solely responsible for storing and securing your recovery phrase.

Our philosophy here is a “walled garden approach” - it will be possible to connect to dApps in a future version, but likely not through wallet connect. Instead, we will offer a Web3 Discovery section, where applications are curated and can be accessed directly from the app in order to mitigate the risk of users getting scammed or hacked.

For wallets connected with a Bitpanda account, we voluntarily sponsor all EVM transactions (L2s & L1s) besides Ethereum mainnet within a fair use.