Bitpanda, the Austrian based bitcoin, and cryptocurrency exchange, today announced the upcoming launch of the Bitpanda Global Exchange and an Initial Exchange Offering (IEO) for the Bitpanda Ecosystem Token (BEST).
The plan is to expand the Bitpanda offering beyond its current platform, which is a popular and simple place to buy, sell and store crypto assets including Bitcoin, Ethereum, newly listed digitized gold, and more in Europe.
The Bitpanda Global Exchange was developed 100% in-house over the course of the last two years. The aim is to bring all existing and future digital asset classes offered by Bitpanda to the Global Exchange. It is available globally for crypto-to-crypto and fiat-to-crypto trading. Verified Bitpanda users within the majority of European countries can also deposit Euro, Swiss Franc, and British Pound.
The Bitpanda Global Exchange will launch with popular trading pairs such as BTC/EUR, BTC/USDT, ETH/EUR, XRP/EUR, MIOTA/EUR, ETH/BTC, XRP/BTC, MIOTA/BTC, PAN/BTC, BEST/BTC, BEST/EUR, BEST/USDT, with more to come. The exchange will be closely connected to the existing Bitpanda platform, allowing users to move funds easily between them.
Launch Overview
The Bitpanda Global Exchange will launch on August 7th, 2019, it will offer:
- Global crypto-to-crypto and fiat-to-crypto trading
- Popular trading pairs including BTC/EUR, BTC/USDT, ETH/EUR, XRP/EUR, MIOTA/EUR, ETH/BTC, XRP/BTC, MIOTA/BTC, PAN/BTC, BEST/BTC, BEST/EUR, and BEST/USDT.
- Fiat deposits (Euro, Swiss Franc, and British Pound) in the majority of European countries; withdrawals available globally
- Competitive fee structure
- State-of-the-art API
- Highest security standards
IEO/Native Token
In addition to the new global exchange, Bitpanda is also launching the Bitpanda Ecosystem Token (BEST). It will offer their community of around 1 million users a wide range of rewards and benefits for use on products and services.
Users holding BEST will enjoy up to a 25% trading fee reduction across the Bitpanda ecosystem, gain access to the Bitpanda Launchpad, and get exclusive access to upcoming features, products, and rewards.
The Initial Exchange Offer (IEO) for the Bitpanda Ecosystem Token (BEST) will start on July 9th, 2019. BEST trading on the platform will begin on August 7th, 2019. The BEST token will play a vital role in Bitpanda’s global expansion, and act as the fuel of the company ecosystem.
BEST Overview:
- Priority access to the upcoming Bitpanda Launchpad
- 25% trading fee discount when paying fees with BEST
- Wide range of additional rewards and perks
- Constant token burn to decrease the supply
- BEST trading will start on August 7th, 2019
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