One of the best options to buy Tezos is Bitpanda. The Vienna-based cryptocurrency broker was founded in 2014 and is one of the largest and best-known exchanges in Europe. In addition, Bitpanda stores almost all cryptocurrencies offline to ensure the best possible security for users’ deposits. For you as a user, this means that the your cryptocurrencies are not connected to the Internet, which is why they are protected against hacker attacks. It is also very pleasing that the Austrian exchange offers 2-factor authentication via the Google Authenticator App.
After you have confirmed your e-mail address via a link in an e-mail, you can log in to your Bitpanda account for the first time. When looking at the homepage you will notice that you have to verify yourself further in order to trade cryptocurrencies.The legal regulations in Austria stipulate that customers must fully identify themselves. Only after complete verification you can also make Fiat deposits at Bitpanda. The verification is carried out in a video identification procedure. A stable internet connection and a webcam are required. To start the process, click “Verify now” on the start page of your account.
Another advantage of the exchange is that there are numerous payment options to choose from. In addition, Bitpanda currently offers four Fiat currency wallets for US dollars, euros, Swiss francs and British pounds. By using these wallets you can buy and sell cryptocurrencies. The Fiat Wallets should enable you to react as fast as possible to trends on the crypto market. So you don’t have to rely on long processing times by payment service providers and can exchange your cryptocurrencies for your local currency on Bitpanda within a few seconds. Very gratifying continues to be that the site is available in 3 languages: English, German and French is available.
Author : Jake Simmons