Terms and Conditions
“Welcome Bonus Italy - Affiliates”

1. General 

The following terms and conditions (“Terms”) govern the rules for participating in the ”Welcome Bonus Italy - Affiliates” (“Welcome Bonus” or “Promotion”) of the Bitpanda GmbH, with its corporate seat in Stella-Klein-Löw-Weg 17 A-1020 Vienna, (“Bitpanda”) and the resulting legal relationship between Bitpanda and Bitpanda Clients participating in the Welcome Bonus Italy (“Participant” as defined in clause 3 or “you”).

Please be advised, participating in the Promotion shall constitute your unconditional acceptance to be bound by any and all of the terms of these TC. Bitpanda terms already agreed to, in particular Bitpanda User Agreement and E-Token Terms in their current versions apply.

Any language version is a referential translation of the original English version of these Terms. In the case of any discrepancy, the English version shall prevail. 

By participating in the Promotion, you represent and warrant you meet the eligibility requirements below and acknowledge that failure to meet all eligibility requirements will result in your disqualification.

Disclaimer: Investing in crypto-assets comes with risks, including the risk of capital loss and cybersecurity. The value of crypto-assets is particularly volatile. Please refer to the risk information at https://www.bitpanda.com/en-at/legal/risk-disclosure before making any investment decisions. Digital asset services are provided by Bitpanda GmbH ( FN569240v)) authorised as a crypto-asset service provider. This marketing communication is issued by Bitpanda GmbH and does not constitute financial advice or an invitation to conclude a transaction. Conduct your own research before concluding a transaction.

2. Duration 

This Promotion starts on Monday May 26, 2025, at 10:00 (CEST) (“Start Date”)  and runs until further notice (the time in between the “Promotion Period”). Bitpanda reserves the right to change or end the Promotion at any time. 

3. Eligibility and Entry:

Entry is open to NEW fully verified and registered Bitpanda Clients (“Participants”) who 

(a) meet all the requirements described in these Terms and accept these Terms,

(b) have successfully verified and registered through the provided tracking link and have deposited EUR 100 to their Bitpanda Account during the Promotion Period. (Note: Bitpanda allows only one Bitpanda Client Account per Bitpanda Client. Double accounts are forbidden).

(c) completed their first-ever trade(s) of crypto assets worth at least EUR 100 on Bitpanda  within two weeks after their registration*, and

(d) are residents of Italy, and

(e) keep their deposit balance in their Bitpanda Account at least at EUR 100 for two weeks after their registration date.

The following natural or legal persons are not eligible to enter the Welcome Bonus: 

(a) persons performing market making services or any similar services as well as institutional investors,

(b) Bitpanda Technology Solution users,

(c) employees and the immediate family members of such employees of Bitpanda or its affiliated companies, parent companies, subsidiaries, participating promotional partners, advertising agencies, and any company involved in the creation, production, or fulfilment of the Promotion.

*Any volume generated by the Participant prior to participating in this Welcome Bonus or  outside of the Bitpanda Broker (e.g. transactions on Bitpanda Fusion) will not be taken into account and will not count towards purchase volume calculations. Swapping assets, opening/closing Bitpanda Leverage positions (L-Token) and investing in Bitpanda Crypto Indices or Bitpanda Cash Plus are excluded from this Promotion and will not be taken into account. For the avoidance of doubt, M-Tokens do not constitute crypto-assets and therefore will also not be taken into account.

4. Distribution of the Bonus 

All qualified Participants who meet all the eligibility criteria outlined in Section 3 will receive a welcome bonus according to the prize scheme set out below (“Bonus”):

• For each purchase of crypto assets worth at least EUR 100 - you will receive a Bonus of EUR 10 in Bitcoin (BTC) credited to your account.

• This is possible 5 times within two weeks after your registration date - so in total you can have EUR 50 in Bitcoin (BTC) credited to your account (by investing 5 times at least EUR 100 in crypto assets).

The Bonus will be credited directly to the Participants’ respective wallets. 

Bitpanda will strive to transfer the Bonus within 15 days after the end of the Promotion Period. The transfer may be delayed and Bitpanda shall not be liable for any losses arising out of or in connection with a late transfer (e.g. losses due to price changes).

The amount received per Bonus is determined based on the market value of Bitcoin (BTC) against EUR on Bitpanda at the time of transfer to the Participants.

No substitution or cash equivalent of the Bonus, or any portion thereof, is permitted. The value of crypto assets is subject to change, and there can be a substantial risk that it could lose value (potentially all value) as a result of buying, selling, or holding the Bonus.

Only Participants who (i) meet all the requirements described in section 3 and (ii) were not, for whatever reason, disqualified by Bitpanda in accordance with section 6 are eligible to receive the Bonus.

5. Notifying Participants 

Participants will be notified via email to the email address they have stated in their Bitpanda Client Account about the payout of the Bonus. Bitpanda assumes no responsibility for undeliverable emails.

6. Disqualification

Bitpanda may disqualify a Participant if there is (i) collusion between Participants aimed at manipulating the Welcome Bonus, (ii) a breach of these Terms, (iii) a breach of any other applicable terms and conditions of Bitpanda, its subsidiaries, or (iv) if any data provided by you is incorrect.

Disqualified Participants will not be entitled to receive the Bonus.

Bitpanda is not responsible for the accuracy of the data you provide and may disqualify a Participant if the email address of the Bitpanda Client is not valid.

7. Limitation of Liability

To the extent permitted by law, in no event shall Bitpanda be liable for any direct or indirect loss arising out of or in connection with the Welcome Bonus Initiative. 

Bitpanda reserves the right, without any prior notice or compensation to you, to suspend, cancel, postpone or modify the Promotion, at any time, for any reason whatsoever. You do not have any legal claim against Bitpanda arising out of or in connection with this Promotion.

If Bitpanda suspects that the Participant has manipulated with or abused (or attempted to manipulate) the Welcome Bonus Initiative or otherwise acted in bad faith with respect to Bitpanda, then Bitpanda reserves the right, in its sole discretion, to take the following actions with respect to such Participant and any person Bitpanda believes is acting in concert with such Participant: 

(i) temporary or permanent suspension of Bitpanda’s services (or any part thereof) and closure of the Participant's Bitpanda Account; 

(ii) Deduction/Removal of all benefits granted to such Participant (taking into account the loss sustained, which will be fully recognized); 

(iii) Deduction/Removal of all profits made by such Participant as a result of such manipulation or abuse, including the closing of all open positions in the relevant accounts at Bitpanda; and/or 

(iv) Exclusion from the Welcome Bonus Initiative and all future promotions.

Bitpanda may also exclude Participants if(i) there is a breach of these Terms, 

(ii) there is a breach of any other applicable terms and conditions of Bitpanda or its partners; or 

(iii) the data provided by the Participant is false.

Excluded Participants are not eligible to receive any bonus.

8. Privacy and Taxes

All data processing at Bitpanda in relation to this Competition is carried out on the basis of the contractual obligation and legitimate interest in accordance with Article 6 Paragraph 1 Letter b and f of the General Data Protection Regulation 2016/679 (“GDPR”) for the purpose of establishing the legal relationship with the participant and for the subsequent implementation and processing of the Campaign.

For more information regarding your personal data, how, why and how long it is processed and which rights you have according to the GDPR, please click here: https://www.bitpanda.com/en/legal/bitpanda-privacy-policy. 

Participants are solely responsible for any/all applicable taxes related to the Campaign. Participants should consult a tax advisor to determine tax implications in accepting any Bonus. 

9. Contact

For further questions regarding this, please contact support.