Bitpanda has launched a new decentralized finance (DeFi) wallet designed to make on-chain crypto activity accessible to everyday users. Announced on August 19, 2025, this self-custodial wallet marks a major step forward in the platform’s mission to simplify decentralized finance for retail investors in Europe.
Seamless Access to DeFi Across Major Blockchains
The Bitpanda DeFi Wallet integrates directly into the existing Bitpanda app, allowing users to trade, earn, and manage digital assets across several major blockchains. These include:
- Ethereum
- Solana
- Polygon
- BNB Chain
- Avalanche
- Optimism
- Base
- Arbitrum
At launch, the wallet supports over 5,000 tokens. It features smart routing technology that finds the best on-chain prices and executes one-click swaps, streamlining the user experience.
User-Controlled Security with Optional Backup
One of the standout features is Bitpanda Backup, an optional tool that helps users recover their wallets securely. The system encrypts the seed phrase, splits it into parts, and stores them separately—partly in the cloud and partly with Bitpanda. This method ensures users retain full control while significantly lowering the risk of losing access due to seed phrase mishandling.
Transfers between Bitpanda’s centralized services and the DeFi Wallet are also effortless. Users can move assets in just a few taps, avoiding manual address entry and reducing the chance of errors.
Built-In Earning and Upcoming Loyalty Rewards
Bitpanda partnered with Kiln DeFi to power the wallet’s “Earn” section. This feature gives users direct access to native on-chain yield opportunities, allowing them to grow their assets without leaving the familiar Bitpanda environment.
Looking forward, Bitpanda plans to launch a Web3-based loyalty program centered around its Vision (VSN) token. Users will earn XP through activities such as swapping and staking, and can stake VSN to unlock higher rewards, leaderboard rankings, and early access to new features in a gamified setup.
This product release follows Bitpanda’s announcement of a record $426 million in annual revenue—a 162% year-over-year increase—highlighting strong demand for its regulated crypto services. The DeFi Wallet aligns with the company’s broader goal of making Web3 accessible and secure for European retail investors.
