Bitpanda, Europe's leading cryptocurrency broker, has announced that it now serves over 5 million private investors, following the addition of 500,000 new users in the second quarter of 2024. This significant growth highlights the increasing trust and interest of European investors in the secure trading of digital assets.

Bitpanda, founded in 2014, has seen a rapid expansion of its user base over the years. The company reached its first million private customers in 2019, and by 2023, this number had quadrupled. By June 2024, the platform proudly announced it had surpassed the 5 million user mark, underscoring Bitpanda's strategic investments and robust platform capabilities.

In recent years, Bitpanda has invested heavily in new products and business areas, positioning itself for the next wave of growth in the cryptocurrency market. The company secured several key licenses from major regulatory bodies, ensuring compliance with stringent regulatory standards, and established vital partnerships with prominent banking institutions.

Bitpanda's co-founder and CEO, Eric Demuth, emphasized the company's continuous innovation and rapid growth, stating that reaching 5 million users is just the beginning, and the company has set ambitious goals to capitalize on the future of cryptocurrency. Lukas Enzersdorfer-Konrad, Deputy CEO, highlighted the company's successful regulatory compliance and strong partnerships, reflecting the trust its users and partners have in Bitpanda.