You are here: Home > Blog > Bitpanda Bitcoin ETC on Frankfurt Stock Exchange


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Bitpanda Bitcoin ETC on Frankfurt Stock Exchange

Bitpanda Bitcoin ETC on Frankfurt Stock Exchange

January 11, 2022

Bitpanda started with ETC's a few weeks ago. These instruments track the price of a cryptocurrency.

The Bitpanda Bitcoin ETC is traded on the XETRA, the electronic exchange of the Deutsche Boerse. ETC stands for Exchange Traded Cryptocurrency and gives traditional stock investors the opportunity to invest in a cryptocurrency in the same way they buy a stock or ETF. The ETC can be bought on the platform of most traditional stock brokers.

The Bitpanda Bitcoin ETC is listed in euros and can of course only be traded during the opening hours of the exchange. That is a disadvantage, because on a cryptocurrency exchange like Bitpanda you can trade bitcoin 24/24 and 7/7. The advantage of the ETC is that you do not have to become a customer of such an exchange or that you do not have to worry about storing your bitcoin or protecting your private keys.

Technically, a market maker provides liquidity, allowing you to buy or sell the ETC. With a purchase, bitcoin will be bought in the background, after which this bitcoin will be stored with the custodian. Finally, an ETC certificate is issued that ends up in your portfolio.

Physical bitcoin

The Bitpanda Bitcoin ETC is thus backed by 'physical' bitcoin that is safely kept in a cold wallet. This is different from, for example, the American ETFs, which got a lot of press coverage last year. These invest in bitcoin futures and therefore do not own real bitcoin.

More crypto trackers on the way

The Bitcoin ETC is just the very first tracker that Bitpanda will launch. This year there should also be a trackers on Ethereum and an index ETC, which will invest in a number of cryptocurrencies at once. It is an interesting option for those who think that buying cryptocoins on an exchange is too cumbersome, because in addition to a registration you also have to verify your identity, while this is already done at your stock broker.

 


Bitvavo
  • Bitvavo: Buy Bitcoin safely and easily at one of Europe's leading exchanges.
  • Buy, sell, and store more than 150 digital assets
  • Low trading fees: 0.25%
  • Welcome bonus: Trade € 1000 without commission
  • Visit Bitvavo »

Tradingview
  • Tradingview: Free Charts, Quotes and Trade Ideas
  • Great charting tool for forex traders
  • The leading social network for traders and investors
  • Visit Tradingview »


Compare brokers

Buy Cryptocurrency*
*Availability subject to regulation
SPECTRE
  • SPECTRE: The future of Digital Options, Forex and CFD trading
  • Broker-less trading platform
  • Powered by blockchain and a decentralized autonomous liquidity pool
  • Free demo »

Bitvavo
  • Buy, sell, and store more than 150 digital assets at one of Europe's leading cryptocurrency exchanges
  • Visit Bitvavo »

Fortrade

ICMarkets

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Our website is free for our visitors, but in order to provide this free service we may be compensated, receive commissions or advertising fees from brokers listed on our website.