Proof of ownership and proof of source at Kraken, BISON and Bitpanda
The exchange wants to know whether the wallet is yours. The bank wants to know where the money came from. These are two different proofs. Choose your exchange and your goal below and click through step by step, using the menu paths from the exchanges' own help centres.
- Proof of ownership: from €1,000 per transfer to or from a self-hosted wallet, exchanges must check the address is yours (Regulation (EU) 2023/1113): signature, Satoshi test or self-declaration; in individual cases support asks for screenshots instead. Provide only what is requested.
- Proof of source: for a bank, notary or tax office you need the closed chain from your bank account through the exchange to the withdrawal. Exchanges provide exports and statements, not a ready-made certificate.
- A wallet check proves control of an address, not the source of funds.
- Sort out your tax position before exporting: the export discloses your whole history.
Click-through guide
Three exchanges, two goals; for wallet proof you also choose the method the exchange is asking for. Menu labels are quoted as the exchanges name them in their help centres; BISON and Bitpanda document German labels.
1Choose your exchange
2What do you need?
3What is the exchange asking you for?
The exchange shows the method during the deposit or withdrawal, or emails you.
3What is the exchange asking you for?
The exchange shows the method during the deposit or withdrawal, or emails you.
3What is the exchange asking you for?
The exchange shows the method during the deposit or withdrawal, or emails you.
34Step by step
Your browser does not support the click-through guide, so all steps are listed below.
Kraken · Proof of ownership · Self-certification (click + code)
Step 1 of 3
When Kraken asks for proof
For deposits and withdrawals above €1,000 to or from a private wallet you have to show the wallet is yours. This is needed only once per address; the address is then whitelisted. Kraken decides case by case which method it offers: self-certification, a Satoshi test or a digital signature.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested.
Source: Kraken: Crypto transfer procedures EU/UK (06.03.2026)
Step 2 of 3
Deposit from your own wallet
Email from Krakenlink to the verification page“Private Wallet”choose method
Kraken holds the deposit and emails you a link. There you state that the funds come from a private wallet and choose self-certification (one click plus security code) or a Satoshi test. Kraken then releases the deposit and remembers the sending address.
Source: Kraken: Crypto transfer procedures EU/UK (06.03.2026)
Step 3 of 3
Security, and what the proof does not do
Kraken never asks for your recovery phrase and never asks for a payment to release funds. Genuine emails come only from @kraken.com. Pages that ask you to connect your wallet and then approve a transaction can drain it.
According to its help articles Kraken issues no downloadable verification certificate. Note the address, date and method. The proof shows control of the address, not where the money came from.
Source: Kraken: Phishing scams
Kraken · Proof of ownership · Satoshi test
Step 1 of 5
When Kraken asks for proof
For deposits and withdrawals above €1,000 to or from a private wallet you have to show the wallet is yours. This is needed only once per address; the address is then whitelisted. Kraken decides case by case which method it offers: self-certification, a Satoshi test or a digital signature.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested.
Source: Kraken: Crypto transfer procedures EU/UK (06.03.2026)
Step 2 of 5
Withdrawal: Satoshi test
Start withdrawal to private walletSatoshi test (if offered)“I’ve made the deposit”“Next”
Kraken shows a verification address and an exact small amount. Send exactly that amount from exactly the address being verified within 180 minutes. Two-factor authentication must be set up. Kraken refunds the network fee as a fee credit (KFEE), subject to daily limits.
Important: after a successful test you have to place the withdrawal again.
Step 3 of 5
Deposit from your own wallet
Email from Krakenlink to the verification page“Private Wallet”choose method
Kraken holds the deposit and emails you a link. There you state that the funds come from a private wallet and choose self-certification (one click plus security code) or a Satoshi test. Kraken then releases the deposit and remembers the sending address.
Source: Kraken: Crypto transfer procedures EU/UK (06.03.2026)
Step 4 of 5
If verification fails
Failed checks can be repeated. If the Satoshi test expires after 180 minutes, the address is not whitelisted and withdrawals to it require a new successful test.
Step 5 of 5
Security, and what the proof does not do
Kraken never asks for your recovery phrase and never asks for a payment to release funds. Genuine emails come only from @kraken.com. Pages that ask you to connect your wallet and then approve a transaction can drain it.
According to its help articles Kraken issues no downloadable verification certificate. Note the address, date and method. The proof shows control of the address, not where the money came from.
Source: Kraken: Phishing scams
Kraken · Proof of ownership · Digital signature
Step 1 of 4
When Kraken asks for proof
For deposits and withdrawals above €1,000 to or from a private wallet you have to show the wallet is yours. This is needed only once per address; the address is then whitelisted. Kraken decides case by case which method it offers: self-certification, a Satoshi test or a digital signature.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested.
Source: Kraken: Crypto transfer procedures EU/UK (06.03.2026)
Step 2 of 4
Alternative: digital signature
Choose wallet provider (e.g. MetaMask, Trust Wallet)connect via Reownsign message
You connect your wallet via Reown (formerly WalletConnect) and sign a message generated by Kraken. No coins move and no network fee is due. EVM wallets are supported; for Bitcoin and Solana wallets the app redirects to the web version.
Source: Kraken: Self-hosted wallet verification with digital signature (04.07.2025)
Step 3 of 4
If verification fails
Failed checks can be repeated. If the Satoshi test expires after 180 minutes, the address is not whitelisted and withdrawals to it require a new successful test.
Step 4 of 4
Security, and what the proof does not do
Kraken never asks for your recovery phrase and never asks for a payment to release funds. Genuine emails come only from @kraken.com. Pages that ask you to connect your wallet and then approve a transaction can drain it.
According to its help articles Kraken issues no downloadable verification certificate. Note the address, date and method. The proof shows control of the address, not where the money came from.
Source: Kraken: Phishing scams
Kraken · Proof of ownership · Support emails a different request
Step 1 of 3
When Kraken asks for proof
For deposits and withdrawals above €1,000 to or from a private wallet you have to show the wallet is yours. This is needed only once per address; the address is then whitelisted. Kraken decides case by case which method it offers: self-certification, a Satoshi test or a digital signature.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested.
Source: Kraken: Crypto transfer procedures EU/UK (06.03.2026)
Step 2 of 3
Support asks for something else
email from Kraken supportrequested documentsreply via the ticket
This route is not described in Kraken's help centre. For larger amounts or unclear cases exchanges may request further documents by email, such as a wallet screenshot, transaction IDs or statements. Provide exactly what is requested.
According to Kraken, genuine emails come only from @kraken.com. Show the full screen, do not crop. No seed phrase, PIN or passwords in the image. Reply only through the exchange's ticket or email, never via third-party upload pages. Keep a copy for your own records.
Source: Kraken: Phishing scams
Step 3 of 3
Security, and what the proof does not do
Kraken never asks for your recovery phrase and never asks for a payment to release funds. Genuine emails come only from @kraken.com. Pages that ask you to connect your wallet and then approve a transaction can drain it.
According to its help articles Kraken issues no downloadable verification certificate. Note the address, date and method. The proof shows control of the address, not where the money came from.
Source: Kraken: Phishing scams
Kraken · Proof of ownership · Not sure yet
Step 1 of 2
When Kraken asks for proof
For deposits and withdrawals above €1,000 to or from a private wallet you have to show the wallet is yours. This is needed only once per address; the address is then whitelisted. Kraken decides case by case which method it offers: self-certification, a Satoshi test or a digital signature.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested.
Source: Kraken: Crypto transfer procedures EU/UK (06.03.2026)
Step 2 of 2
Not sure yet? This is how you find out
Start the deposit or withdrawal as usual. From €1,000 the exchange shows you which method it requires, or emails you. Then come back and choose that method here.
Do not prepare anything nobody has asked for – in particular no Satoshi test.
Kraken · Proof of source
Step 1 of 7
Tax first, export second
A full export discloses your entire trading history. If it shows gains that were never declared, the document meant to keep your account open can start a tax procedure. Check first whether every year has been filed correctly.
Step 2 of 7
Open the Document Center
kraken.com (web)name or profile icon top right“Documents”
Create all exports on the web under “Documents”, direct link kraken.com/c/account-settings/documents. The app path is not described in the help centre, so use a browser.
In Kraken Pro: profile icon › “Statements” › “Export statement”.
Source: Kraken: Download or request documents (16.04.2026) · Kraken Pro: Download or request documents (04.03.2026)
Step 3 of 7
Export the ledger – the core
“New export”“Ledger”start and end datePDF or CSV“Generate”
The ledger lists all deposits, withdrawals, trades and fees with timestamps (UTC). The request shows as “Queued”; once the download icon is active, download the file.
Exports take from a few minutes to up to a week, without an email notification. Files stay available for 14 days. Split long periods by year.
Source: Kraken: Download or request documents (16.04.2026) · Kraken: Export processing time
Step 4 of 7
Balance and account statement
“New export”“Balances” (one date) or “Account statement” (period, currency)“Generate”
“Balances” shows holdings on a given date, as PDF or CSV. “Account statement” is a PDF statement. For the bank, use the balance on the date of its request; for the chain, the statement for the whole period.
Step 5 of 7
Add addresses and transaction IDs
Kraken Pro“Portfolio”“Spot”“Funding transactions”
The ledger contains no blockchain addresses or transaction IDs. For the last three months you find them in Kraken Pro; for older transfers use a public block explorer.
Banks need exactly these details to match deposits and withdrawals.
Source: Kraken: Ledger history does not include addresses or hashes
Step 6 of 7
Request a letter from Kraken
Form “Account letters request” (after sign-in)
The form lets you request an account confirmation, withdrawal/deposit information or a balance confirmation.
The help centre does not say whether these letters are signed or how long they take. Ask your bank first what exactly it needs.
Step 7 of 7
The package for your bank or notary
The reviewing party wants a closed chain: where the money came from (bank statement showing the transfer from your own account), how it went into crypto (exchange export), what happened in between (transfers with addresses and transaction IDs), how it was paid out and what it is used for. One exchange's exports are only part of that chain.
BISON · Proof of ownership · Satoshi test
Step 1 of 5
When BISON asks for proof
From a cumulative transfer value of €1,000 with a self-hosted wallet; several smaller transfers in a short time are added up. The proof then holds for a limited period – BISON states 6 or 12 months in different places.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested. For wallets with rotating addresses (e.g. Ledger, Bitbox) proof is required for every transaction above €1,000.
Source: BISON: Travel Rule / ToFR · BISON-Blog: Transfer of Funds Regulation (11.06.2026)
Step 2 of 5
Start a withdrawal to your own wallet
“Konto”“Auszahlen”“Kryptowährungen auszahlen”coin and amountdestination address“selbstverwaltete Wallet”
Choose coin and amount, enter the address and select self-hosted wallet as destination. From €1,000 BISON asks for one of three methods. (The BISON app is German; labels are quoted as they appear.)
Bitcoin cannot be sent to Taproot addresses (bc1p…). Purchased coins can be withdrawn after 24 hours.
Source: BISON: Kryptowährungen auszahlen
Step 3 of 5
Method 1: Satoshi test
choose Satoshi testsend the amount shown“Satoshi Test abgeschlossen”“Weiter”
Send exactly the small amount shown within 3 hours from your wallet to BISON. Tapping the button is not enough – the transfer has to arrive.
According to BISON the Satoshi test does not work with Ledger or Bitbox; use the digital signature there.
Source: BISON: Travel Rule / ToFR
Step 4 of 5
Confirm and check status
password and SMS codeconfirmation email“Orders”“Aktivität”
Confirm the withdrawal with password, SMS code and email. The status appears under “Orders” › “Aktivität”, where you can cancel within one hour.
Source: BISON: Kryptowährungen auszahlen
Step 5 of 5
Deposit from your own wallet
“Konto”“Einzahlen”“Kryptowährungen einzahlen”copy address
If proof is needed you receive an email, or open the pending deposit under “Orders” › “Aktivitäten fortsetzen” and continue with one of the three methods.
BISON issues no verification certificate; the proof shows control of the address, not the source of funds.
Source: BISON: Kryptowährungen einzahlen
BISON · Proof of ownership · Digital signature
Step 1 of 5
When BISON asks for proof
From a cumulative transfer value of €1,000 with a self-hosted wallet; several smaller transfers in a short time are added up. The proof then holds for a limited period – BISON states 6 or 12 months in different places.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested. For wallets with rotating addresses (e.g. Ledger, Bitbox) proof is required for every transaction above €1,000.
Source: BISON: Travel Rule / ToFR · BISON-Blog: Transfer of Funds Regulation (11.06.2026)
Step 2 of 5
Start a withdrawal to your own wallet
“Konto”“Auszahlen”“Kryptowährungen auszahlen”coin and amountdestination address“selbstverwaltete Wallet”
Choose coin and amount, enter the address and select self-hosted wallet as destination. From €1,000 BISON asks for one of three methods. (The BISON app is German; labels are quoted as they appear.)
Bitcoin cannot be sent to Taproot addresses (bc1p…). Purchased coins can be withdrawn after 24 hours.
Source: BISON: Kryptowährungen auszahlen
Step 3 of 5
Method 2: “Digitale Signatur”
“Digitale Signatur”copy messagesign in your wallet“Weiter”paste signature
Copy the full message – it starts with “Hereby I confirm…”, the final full stop included. Sign it in your wallet with the address being verified and paste the signature into BISON, according to the BISON blog within one hour.
Source: BISON: Travel Rule / ToFR · BISON-Blog: Transfer of Funds Regulation (11.06.2026)
Step 4 of 5
Confirm and check status
password and SMS codeconfirmation email“Orders”“Aktivität”
Confirm the withdrawal with password, SMS code and email. The status appears under “Orders” › “Aktivität”, where you can cancel within one hour.
Source: BISON: Kryptowährungen auszahlen
Step 5 of 5
Deposit from your own wallet
“Konto”“Einzahlen”“Kryptowährungen einzahlen”copy address
If proof is needed you receive an email, or open the pending deposit under “Orders” › “Aktivitäten fortsetzen” and continue with one of the three methods.
BISON issues no verification certificate; the proof shows control of the address, not the source of funds.
Source: BISON: Kryptowährungen einzahlen
BISON · Proof of ownership · Automatic proof (WalletConnect)
Step 1 of 5
When BISON asks for proof
From a cumulative transfer value of €1,000 with a self-hosted wallet; several smaller transfers in a short time are added up. The proof then holds for a limited period – BISON states 6 or 12 months in different places.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested. For wallets with rotating addresses (e.g. Ledger, Bitbox) proof is required for every transaction above €1,000.
Source: BISON: Travel Rule / ToFR · BISON-Blog: Transfer of Funds Regulation (11.06.2026)
Step 2 of 5
Start a withdrawal to your own wallet
“Konto”“Auszahlen”“Kryptowährungen auszahlen”coin and amountdestination address“selbstverwaltete Wallet”
Choose coin and amount, enter the address and select self-hosted wallet as destination. From €1,000 BISON asks for one of three methods. (The BISON app is German; labels are quoted as they appear.)
Bitcoin cannot be sent to Taproot addresses (bc1p…). Purchased coins can be withdrawn after 24 hours.
Source: BISON: Kryptowährungen auszahlen
Step 3 of 5
Method 3: automatic proof of ownership
choose wallet appconfirm connection“Weiter”confirm signature in wallet
Signing runs via WalletConnect: on the web for Bitcoin, EVM coins, Solana and Polkadot, in the app for EVM coins only.
Step 4 of 5
Confirm and check status
password and SMS codeconfirmation email“Orders”“Aktivität”
Confirm the withdrawal with password, SMS code and email. The status appears under “Orders” › “Aktivität”, where you can cancel within one hour.
Source: BISON: Kryptowährungen auszahlen
Step 5 of 5
Deposit from your own wallet
“Konto”“Einzahlen”“Kryptowährungen einzahlen”copy address
If proof is needed you receive an email, or open the pending deposit under “Orders” › “Aktivitäten fortsetzen” and continue with one of the three methods.
BISON issues no verification certificate; the proof shows control of the address, not the source of funds.
Source: BISON: Kryptowährungen einzahlen
BISON · Proof of ownership · Support asks for a screenshot
Step 1 of 3
When BISON asks for proof
From a cumulative transfer value of €1,000 with a self-hosted wallet; several smaller transfers in a short time are added up. The proof then holds for a limited period – BISON states 6 or 12 months in different places.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested. For wallets with rotating addresses (e.g. Ledger, Bitbox) proof is required for every transaction above €1,000.
Source: BISON: Travel Rule / ToFR · BISON-Blog: Transfer of Funds Regulation (11.06.2026)
Step 2 of 3
Support asks for a screenshot
email or ticket from BISON supportscreenshot of the sending walletreply
According to its help centre BISON requests screenshots by email in individual cases. In one case from our practice, support asked – for transfers of around €50,000 in total – for a screenshot of the sending wallet showing the name and the sending and receiving addresses. No Satoshi test was requested.
Show the full screen, do not crop. No seed phrase, PIN or passwords in the image. Reply only through the exchange's ticket or email, never via third-party upload pages. Keep a copy for your own records.
Source: BISON: Travel Rule / ToFR
Step 3 of 3
If the wallet does not show your name
Many wallets show no name. Ask support how the name should be evidenced, for example via the account view of the exchange the coins came from. Do not volunteer more than is requested.
A screenshot only shows that some device displayed the address. It is weaker than a signature and does not prove the source of funds.
BISON · Proof of ownership · Not sure yet
Step 1 of 2
When BISON asks for proof
From a cumulative transfer value of €1,000 with a self-hosted wallet; several smaller transfers in a short time are added up. The proof then holds for a limited period – BISON states 6 or 12 months in different places.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested. For wallets with rotating addresses (e.g. Ledger, Bitbox) proof is required for every transaction above €1,000.
Source: BISON: Travel Rule / ToFR · BISON-Blog: Transfer of Funds Regulation (11.06.2026)
Step 2 of 2
Not sure yet? This is how you find out
Start the deposit or withdrawal as usual. From €1,000 the exchange shows you which method it requires, or emails you. Then come back and choose that method here.
Do not prepare anything nobody has asked for – in particular no Satoshi test.
BISON · Proof of source
Step 1 of 8
Tax first, export second
A full export discloses your entire trading history. If it shows gains that were never declared, the document meant to keep your account open can start a tax procedure. Check first whether every year has been filed correctly.
Step 2 of 8
Open Reports
“Konto”“Reports”
Request all documents in the app or on the web under “Konto” › “Reports”. They are delivered to your BISON Postbox.
Step 3 of 8
Transaction history as CSV
“Konto”“Reports”“Transaktionshistorie”choose period
The CSV lists all buys, sells, deposits and withdrawals in the period, with transaction ID, type, asset, euro amount and fee.
Rewards such as cashbacks or referral bonuses appear as “Deposit”. Explain this to the bank.
Step 4 of 8
Custody report for a given date
“Konto”“Reports”Verwahrreportchoose date
The custody report lists the crypto held for you by Boerse Stuttgart Digital Custody GmbH, with quantity, price and value on the date, plus all bookings in the period. It arrives quarterly and can be requested for a past date – at the earliest 1 January 2025.
For the bank this is the best confirmation of holdings.
Step 5 of 8
Info report per tax year
“Konto”“Reports”Info-Reporttax year
A non-binding gain and loss calculation using FIFO, split by holding period below and above one year, with staking rewards.
Coins deposited or withdrawn externally are greyed out and not calculated. For the tax office it is an aid, not a tax certificate.
Step 6 of 8
Euro account statement for the money side
“Konto”“Reports”monthly statement
The euro statement shows SEPA credits from your bank (SEPA_CREDIT_TRANSFER) and crypto purchases (CRYPTO_EXCHANGE), linking BISON to your current account.
Source: BISON: EUR-Kontoauszug
Step 7 of 8
Close the gaps
The CSV contains no external wallet addresses; they are shown only in each transaction's detail view in the app. Save them. An individual bank letter on crypto holdings is not described in the help centre – ask via the contact form if needed.
Step 8 of 8
The package for your bank or notary
The reviewing party wants a closed chain: where the money came from (bank statement showing the transfer from your own account), how it went into crypto (exchange export), what happened in between (transfers with addresses and transaction IDs), how it was paid out and what it is used for. One exchange's exports are only part of that chain.
Bitpanda · Proof of ownership · Signature with hardware wallet
Step 1 of 4
When Bitpanda asks for proof
notice “Wallet verifizieren” / “Verify wallet” (email, push or in-app)
As soon as deposits and withdrawals via the same unverified address reach €1,000 in total. Each address counts separately, so Bitcoin wallets that generate a new address per transaction trigger it more often. Bitpanda only pays out to your own wallets.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested.
Source: Bitpanda: FAQ Travel Rule (22.09.2026) · Bitpanda: Privates Wallet verifizieren (06.08.2026)
Step 2 of 4
Set up a withdrawal to your own wallet
“Trade”“Send”assetnetwork“+” new walletwallet host “Self-hosted wallet”amountsummaryconfirm
Add the address with your own name as recipient and select self-hosted wallet as host. Finally confirm the withdrawal in the email.
Labels are quoted from Bitpanda's German help centre; the English app may word them slightly differently.
Step 3 of 4
Option: hardware wallet
“Ledger” or “Trezor”redirect to Ledger Live or Trezor Suiteconnect deviceconfirm signature
Choose your device on the verification screen; Bitpanda redirects you to the manufacturer's app where you confirm the signature.
Step 4 of 4
Deposit blocked?
transaction historyrejected transactionreturn to sender
A deposit without successful verification is held. Restart the verification or send the coins back. Before the first crypto deposit from another platform Bitpanda requires a fiat deposit of at least €10.
Bitpanda issues no verification certificate; the proof shows control of the address, not the source of funds.
Source: Bitpanda: FAQ Travel Rule (22.09.2026) · Bitpanda: Kryptowährungen einzahlen
Bitpanda · Proof of ownership · Signature via WalletConnect
Step 1 of 4
When Bitpanda asks for proof
notice “Wallet verifizieren” / “Verify wallet” (email, push or in-app)
As soon as deposits and withdrawals via the same unverified address reach €1,000 in total. Each address counts separately, so Bitcoin wallets that generate a new address per transaction trigger it more often. Bitpanda only pays out to your own wallets.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested.
Source: Bitpanda: FAQ Travel Rule (22.09.2026) · Bitpanda: Privates Wallet verifizieren (06.08.2026)
Step 2 of 4
Set up a withdrawal to your own wallet
“Trade”“Send”assetnetwork“+” new walletwallet host “Self-hosted wallet”amountsummaryconfirm
Add the address with your own name as recipient and select self-hosted wallet as host. Finally confirm the withdrawal in the email.
Labels are quoted from Bitpanda's German help centre; the English app may word them slightly differently.
Step 3 of 4
Option: WalletConnect
choose wallet (e.g. MetaMask, Phantom, Trust Wallet)connect “Notabene” to the walletback to Bitpanda, start verificationconfirm signature requestcomplete in Bitpanda
The name Notabene appears in the flow – Bitpanda uses this provider for Travel Rule checks. Only a signature, no transaction.
Step 4 of 4
Deposit blocked?
transaction historyrejected transactionreturn to sender
A deposit without successful verification is held. Restart the verification or send the coins back. Before the first crypto deposit from another platform Bitpanda requires a fiat deposit of at least €10.
Bitpanda issues no verification certificate; the proof shows control of the address, not the source of funds.
Source: Bitpanda: FAQ Travel Rule (22.09.2026) · Bitpanda: Kryptowährungen einzahlen
Bitpanda · Proof of ownership · Sign message manually
Step 1 of 4
When Bitpanda asks for proof
notice “Wallet verifizieren” / “Verify wallet” (email, push or in-app)
As soon as deposits and withdrawals via the same unverified address reach €1,000 in total. Each address counts separately, so Bitcoin wallets that generate a new address per transaction trigger it more often. Bitpanda only pays out to your own wallets.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested.
Source: Bitpanda: FAQ Travel Rule (22.09.2026) · Bitpanda: Privates Wallet verifizieren (06.08.2026)
Step 2 of 4
Set up a withdrawal to your own wallet
“Trade”“Send”assetnetwork“+” new walletwallet host “Self-hosted wallet”amountsummaryconfirm
Add the address with your own name as recipient and select self-hosted wallet as host. Finally confirm the withdrawal in the email.
Labels are quoted from Bitpanda's German help centre; the English app may word them slightly differently.
Step 3 of 4
Option: sign manually
“Sign manually”copy messagesign in your walletpaste the full signaturecomplete
For wallets that can sign but offer neither WalletConnect nor a hardware integration. In MetaMask: Settings › Advanced. “Connect another device” lets you finish on a second device.
Signing is not a blockchain transaction; no fees.
Step 4 of 4
Deposit blocked?
transaction historyrejected transactionreturn to sender
A deposit without successful verification is held. Restart the verification or send the coins back. Before the first crypto deposit from another platform Bitpanda requires a fiat deposit of at least €10.
Bitpanda issues no verification certificate; the proof shows control of the address, not the source of funds.
Source: Bitpanda: FAQ Travel Rule (22.09.2026) · Bitpanda: Kryptowährungen einzahlen
Bitpanda · Proof of ownership · Self-declaration
Step 1 of 4
When Bitpanda asks for proof
notice “Wallet verifizieren” / “Verify wallet” (email, push or in-app)
As soon as deposits and withdrawals via the same unverified address reach €1,000 in total. Each address counts separately, so Bitcoin wallets that generate a new address per transaction trigger it more often. Bitpanda only pays out to your own wallets.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested.
Source: Bitpanda: FAQ Travel Rule (22.09.2026) · Bitpanda: Privates Wallet verifizieren (06.08.2026)
Step 2 of 4
Set up a withdrawal to your own wallet
“Trade”“Send”assetnetwork“+” new walletwallet host “Self-hosted wallet”amountsummaryconfirm
Add the address with your own name as recipient and select self-hosted wallet as host. Finally confirm the withdrawal in the email.
Labels are quoted from Bitpanda's German help centre; the English app may word them slightly differently.
Step 3 of 4
Fallback only: self-declaration
“Can't find what I'm looking for”self-declarationtick the boxsubmit
If your wallet or address type cannot sign, for example some older Bitcoin wallets. A manual review by Bitpanda may follow.
A self-declaration is a statement, not technical proof.
Step 4 of 4
Deposit blocked?
transaction historyrejected transactionreturn to sender
A deposit without successful verification is held. Restart the verification or send the coins back. Before the first crypto deposit from another platform Bitpanda requires a fiat deposit of at least €10.
Bitpanda issues no verification certificate; the proof shows control of the address, not the source of funds.
Source: Bitpanda: FAQ Travel Rule (22.09.2026) · Bitpanda: Kryptowährungen einzahlen
Bitpanda · Proof of ownership · Support emails a request for documents
Step 1 of 3
When Bitpanda asks for proof
notice “Wallet verifizieren” / “Verify wallet” (email, push or in-app)
As soon as deposits and withdrawals via the same unverified address reach €1,000 in total. Each address counts separately, so Bitcoin wallets that generate a new address per transaction trigger it more often. Bitpanda only pays out to your own wallets.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested.
Source: Bitpanda: FAQ Travel Rule (22.09.2026) · Bitpanda: Privates Wallet verifizieren (06.08.2026)
Step 2 of 3
Support asks for documents
email from Bitpanda supportrequested documentsreply via the ticket
Besides the wallet verification Bitpanda may request evidence. For source of funds it names screenshots of purchase and withdrawal confirmations showing account ID, wallet addresses and transaction IDs. Provide exactly what is requested.
Show the full screen, do not crop. No seed phrase, PIN or passwords in the image. Reply only through the exchange's ticket or email, never via third-party upload pages. Keep a copy for your own records.
Source: Bitpanda: Dokumente für den Mittelherkunftsnachweis (08.10.2026)
Step 3 of 3
Deposit blocked?
transaction historyrejected transactionreturn to sender
A deposit without successful verification is held. Restart the verification or send the coins back. Before the first crypto deposit from another platform Bitpanda requires a fiat deposit of at least €10.
Bitpanda issues no verification certificate; the proof shows control of the address, not the source of funds.
Source: Bitpanda: FAQ Travel Rule (22.09.2026) · Bitpanda: Kryptowährungen einzahlen
Bitpanda · Proof of ownership · Not sure yet
Step 1 of 2
When Bitpanda asks for proof
notice “Wallet verifizieren” / “Verify wallet” (email, push or in-app)
As soon as deposits and withdrawals via the same unverified address reach €1,000 in total. Each address counts separately, so Bitcoin wallets that generate a new address per transaction trigger it more often. Bitpanda only pays out to your own wallets.
The exchange tells you which method applies. Provide exactly that – a Satoshi test, for example, only if it is requested.
Source: Bitpanda: FAQ Travel Rule (22.09.2026) · Bitpanda: Privates Wallet verifizieren (06.08.2026)
Step 2 of 2
Not sure yet? This is how you find out
Start the deposit or withdrawal as usual. From €1,000 the exchange shows you which method it requires, or emails you. Then come back and choose that method here.
Do not prepare anything nobody has asked for – in particular no Satoshi test.
Bitpanda · Proof of source
Step 1 of 7
Tax first, export second
A full export discloses your entire trading history. If it shows gains that were never declared, the document meant to keep your account open can start a tax procedure. Check first whether every year has been filed correctly.
Step 2 of 7
Download the transaction history
“Reports and Statements”“Transaction history”period and format (CSV or PDF)download
The export covers buys, sells and transactions in crypto and fiat for the chosen period.
An older article describes avatar › “History” › “Export”. Bitpanda states that the files are for information purposes only.
Step 3 of 7
Account statements
“Reports and Statements”quarterly statements
Bitpanda creates quarterly statements automatically. An annual statement is available only on request from support.
Step 4 of 7
No tax report for Germany
The tax report under “Tax Reports” is offered only in Austria. For Germany Bitpanda refers to statements, transaction history and its Blockpit integration.
Step 5 of 7
What Bitpanda itself accepts as source of funds
When Bitpanda asks, it wants documents showing account ownership, transaction history and purchase, withdrawal or swap confirmations: screenshots with account ID, wallet addresses and transaction IDs, bank statements for fiat investments, and for mining proof of equipment plus screenshots of the mining platform. The list doubles as a checklist for your bank.
Documents cannot be submitted in advance. Without proof, Bitpanda pays out the remaining holdings after review and deactivates the account.
Source: Bitpanda: Dokumente für den Mittelherkunftsnachweis (08.10.2026)
Step 6 of 7
Close the gaps
A balance confirmation or bank letter, and bank details (IBAN) in exports, are not described in the help centre. Keep the bank statements of your deposits yourself and ask support if needed.
Step 7 of 7
The package for your bank or notary
The reviewing party wants a closed chain: where the money came from (bank statement showing the transfer from your own account), how it went into crypto (exchange export), what happened in between (transfers with addresses and transaction IDs), how it was paid out and what it is used for. One exchange's exports are only part of that chain.
Help articles as at 1 November 2026. Exchanges change their menus often; what your app shows is what counts.
Frequently asked questions
What is the difference between proof of ownership and proof of source?
Do I always have to do a Satoshi test?
Is a Satoshi test or signature enough as source of funds for my bank?
Does the exchange issue a certificate for the wallet check?
Does an exchange ever need my seed phrase?
Sources: help centres of Kraken, BISON and Bitpanda, linked at each step; Regulation (EU) 2023/1113; EBA Travel Rule Guidelines (EBA/GL/2024/11).
As at: 1 November 2026. No affiliation with the exchanges named. Not advice on your individual case.
Still have a question on this topic?
TaxTobi is our AI assistant for crypto tax under German law. It answers from a reviewed knowledge base with the legal basis and date, one question free. It does not give individual advice; for your own case, talk to us.
Ask TaxTobi about this topic What TaxTobi can and cannot do →