In this guide, we will show you exactly which countries are restricted or banned from using Bitpanda and which ones are supported.
Paybis is a popular crypto exchange located in Vienna in Austria with over 4 million users.
However, some countries and areas are not supported on the platform. Some restricted regions include the United States, the United Kingdom, Canada, Russia, and more.
Read on to learn more about Bitpanda’s restrictions, limitations, and supported countries.
Bitpanda Supported Countries
As of 2024, Bitpanda supports 40 countries. Bitpanda is a European crypto exchange; however, some countries outside of the EU are also supported by it.
- Åland Islands
- Andorra
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- Faroe Islands
- Finland
- France
- Germany
- Greece
- Greenland
- Guernsey
- Holy See (Vatican City State)
- Hungary
- Iceland
- Ireland
- Isle of Man
- Italy
- Jersey
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Monaco
- Norway
- Poland
- Portugal
- Réunion
- Romania
- San Marino
- Serbia
- Slovakia
- Slovenia
- Spain
- Svalbard and Jan Mayen
- Sweden
- Switzerland
- Turkey
- Turkish Republic of Northern Cyprus
- United Arab Emirates
Bitpanda Restricted Countries
Below, you will find a list of Bitpanda-restricted countries as of 2024, according to the official Bitpanda statement.
Below, you will find a list of some countries that are banned from using Bitpanda. Please note that Bitpanda restricts many more countries than the ones listed below; these are just the most popular ones. If you want to know if your country is supported by Bitpanda, kindly refer to the section above, “Bitpanda Supported Countries.”
- United States
- United Kingdom
- Russia
- China
- Canada
- Brazil
Is Bitpanda Regulated & Licensed?
Bitpanda is one of the largest regulated crypto exchanges originating from Europe, with over 4 million registered users and a daily trading volume reaching over $10 million.
The platform complies with all European laws, such as KYC and AML. Additionally, Bitpanda has obtained licenses in multiple countries.
Bitpanda is highly regulated and licensed in Europe, according to Bitpandas’ official statement.
- Bitpanda is a licensed Markets in Financial Instruments Directive (MiFID II).
- Bitpanda is registered as an Electronic Money Institution (EMI).
- Bitpanda is registered as a Virtual Asset Service Provider in Germany.
- Bitpanda is registered as a Virtual Asset Service Provider in France.
- Bitpanda is registered as a Virtual Asset Service Provider in Austria.
- Bitpanda is registered as a Virtual Asset Service Provider in Spain.
- Bitpanda is registered as a Virtual Asset Service Provider in Italy.
- Bitpanda is registered as a Virtual Asset Service Provider in Czech Republic.
- Bitpanda is registered as a Virtual Asset Service Provider in Sweden.
- Bitpanda is registered as a Virtual Asset Service Provider in Germany.
- Bitpanda is registered as a Virtual Asset Service Provider in Germany.
Does Bitpanda Require KYC?
Yes, Bitpanda requires KYC verification. Without verifying your identity, you can not use Bitpanda at all.
In order to verify your identity on Bitpanda, you must submit the following details:
- ID, Passport or Driver’s License
- Proof of address (Bank statement or Utility Bill)
- Facial Recognition (Selfie)
After you have successfully completed the Bitpanda KYC verification process, you will have full access to the crypto exchange.
Is Bitpanda available in the United States?
No, Bitpanda is not available in the United States. If you are a US citizen, you can use alternative crypto exchanges such as Coinbase or Kraken.
Is Bitpanda available in Canada?
No, Bitpanda is not available in Canada. If you are a Canadian citizen, you can use alternative crypto exchanges such as Coinbase or Kraken.
Is Bitpanda available in the United Kingdom?
No, Bitpanda is temporarily unavailable in the United Kingdom.
Can I Use Bitpanda with a VPN?
Yes, Bitpanda can be used with a VPN. However, you can only use a VPN if you are a citizen of a Bitpanda-supported country. If you are a citizen in one of Bitpanda’s restricted jurisdictions, you can not use the exchange, even with a VPN.
Users from restricted countries can not verify their identity on Bitpanda and, therefore, cannot use any of its services.
