Bitpanda is a crypto exchange who will launch a global cryptocurrency exchange called Bitpanda Global Exchange. The Bitpanda Global Exchange will be launched for experienced traders. It will not only be launched for the experienced traders, but it will also be launched for professionals and institutions.
Bitpanda Global Exchange will facilitate both crypto-to-crypto trading and fiat-to-crypto trading. European-based verified users of Bitpanda can deposit fiats like Euro, Swiss Franc, and British Pound. Fiats withdrawals will be available across the globe. The users will be facilitated to move funds from Bitpanda Global Exchange to the Bitpanda platform or vice versa.
Bitpanda Global Exchange will be launched with trading pairs. 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 are the trading pairs. Many more trading pairs will be launched.
The crypto exchange Bitpanda will launch an Initial Exchange Offering (IEO) on 9 July 2019. It will also launch an ecosystem token called Bitpanda Ecosystem Token (BEST). BEST trading will begin on 7 August 2019. Almost 1 million users of Bitpanda will be provided with multiple benefits and incentives through BEST. The users will experience almost 25% reduction on trading fees. They can use future products like Bitpanda Launchpad.
The Chief Executive Officer (CEO) at Bitpanda Eric Demuth said, “BEST will play a vital role in Bitpanda’s global expansion and in making our vision of democratising personal finance and investing. BEST is the fuel of the Bitpanda ecosystem, which means that the Bitpanda platform, the Bitpanda Global Exchange and future products like the Bitpanda Launchpad will make heavy use of incorporating BEST.”
The crypto exchange Bitpanda is located in Vienna, Austria. It was set up in the year 2014. Eric Demuth, Paul Klanschek and Christian Trummer are the founders of Bitpanda. It has 100+ employees. The exchange has a firm belief in the innovative power of cryptocurrencies, digitized assets and blockchain technology. Tearing down the barriers to investing and bring traditional financial products to the 21st century are missions of the exchange. It has evolved into a popular trading platform for new people due to a PSD2 payment service provider license, state-of-the-art security, and streamlined user experience. It has also evolved into the popular trading platform for experts. Bitcoin, Ethereum, gold, and 20+ other digital assets can be traded at the current, PR Newswire reported.