Refer a friend to Bitpanda and you both earn €5 once they invest their first €500 in crypto or a Bitpanda Crypto Index, with rewards scaling up to a joint €200.
Researched and rated by the BrokerBonuses editorial team · Last verified 2026-06-07 · How we rate
Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.
Value rating breakdown
Availability
Checking availability…All countries except those restricted
The catch
Reward is credited as a Bitpanda voucher balance in your fiat wallet, but it is NOT freely withdrawable EUR: redeeming a Bitpanda voucher converts it into a cryptocurrency of your choice, so to obtain cash you must redeem the voucher into crypto, then sell that crypto back to fiat (incurring Bitpanda's buy/sell spread and any price movement), then withdraw to your bank.
How to claim
- Open the Tell-a-Friend section inside your Bitpanda account
- Share your referral link or send an email invite to a new user
- Have your friend sign up through your link, enable cookies, and complete account verification
- Your friend invests at least €500 in crypto or a Bitpanda Crypto Index on Bitpanda Broker
- Both of you receive a €5 voucher credited automatically to your fiat wallet, with more unlocked as the friend invests up to a joint €200
Full review
Bitpanda's Tell-a-Friend programme rewards both the existing user and the new user they invite. The first reward of €5 each is released once the invited friend invests €500 in crypto or a Bitpanda Crypto Index (BCI) on Bitpanda Broker.
Rewards then climb as the friend invests more: an extra €10 at €1,000 of volume, scaling to a joint maximum of €200, meaning up to €100 each. Payouts arrive instantly as a voucher balance in your fiat wallet on Bitpanda.
The catch is the €500 threshold. Third-party referral sites advertise a flat "€15 for new users" or "€15 on your first trade," but the official programme has no flat sign-up reward: the realistic entry payout is €5, and only after a friend commits €500.
Only crypto and BCI purchases count, so swaps, sales, and Bitpanda Fusion transactions do not move you toward the threshold. Vouchers also expire 180 days after they are credited if you do not redeem them. Eligibility covers verified Bitpanda users in countries where Bitpanda verification is available.
The invited person must be a brand-new user who signs up through your referral link; existing accounts do not qualify. The programme is not available in the United Kingdom, and the reward amount can vary by the participants' country of residence.
Pros
- +Both referrer and friend get rewarded
- +No cap on how many friends you can invite
- +Reward is a real voucher balance in your fiat wallet, not locked bonus credit
Cons
- −Requires the friend to invest €500 before any reward unlocks
- −Advertised '€15 for new users' figure does not match the official €5 first tier
- −Vouchers expire 180 days after they are credited
- −Not available in the UK
- −Reward voucher is not freely withdrawable cash: redeeming it converts the balance into crypto, so cashing out requires a redeem-buy-then-sell-to-fiat round trip that incurs Bitpanda's spread and short-term price risk
- −Reward amount is not fixed at €5 - it varies by the participants' country of residence per the official terms
Up to €100 with Bitpanda
Now you know the terms. Claim it on the broker's own site.
Sources & verification
We research every bonus from the broker's official pages and re-check it on a 60-day schedule.
Confirmed against official sources: Bonus amount, type, status, Withdrawal terms, Turnover requirement, Time limit, Restricted countries, Eligible countries.
Broker regulation: FMA (license MiCAR Crypto Asset Service Provider), BaFin (license MiCAR Crypto Asset Service Provider).
- Bonus terms and conditions: bitpanda.com ↗
- Bitpanda official site: bitpanda.com ↗
Last verified 2026-06-07. Next review within 60 days.