Wideband excitation signals are essential in bioimpedance spectroscopy for measurements in a time ensuring a quasi-stable measurement condition. In particular, for wearable biomedical systems, due to limited system resources, several aspects regarding measurement time, crest factor, slew rate requirements, frequency distribution, amplitude spectrum, and energy efficiency need to be thoroughly investigated. In this paper, we present an investigation of excitation signals, which includes not only the theoretical aspects but also aspects of real implementation on microcontroller-based systems. At a fixed number of samples and sampling rate, we investigate the implementability of signal frequencies and the resulting spectral efficiency. We focus on sources of signal distortion due to timer and amplitude deviations. The results show that for 4096 samples and a sampling frequency of 1 MHz, wideband signals are 2.76 times faster than a stepped frequency sweep. The multisine signal provides a better energy efficiency and has a lower slew rate requirement on hardware (around 0.3 V µs−1), but has a relatively high crest factor, even after optimization. An exemplary investigation of the distortion of the time/frequency and amplitudes following implementation on a standard industrial advanced RISC machines microcontroller has shown that a sampling rate compensation is required to overcome timer inaccuracies. Furthermore, non-return-to-zero binary signals are more sensitive to distortion due to hardware-related issues and have a lower signal-to-distortion-and-noise (SINAD) ratio than 24 dB, which is lower than the multisine signal, having a SINAD of 31 dB.