Bitpanda announced on Medium that they are expanding their ecosystem with the announcement of the Bitpanda Global Exchange and the Initial Exchange offering for the Bitpanda Ecosystem token (BEST)
According to Bitpanda statement, “Building the largest Euro exchange is the next logical step for us. We have been around since 2014 and are a key player in Europe. We can build upon a lot of synergies, and we want to offer experienced users a way to trade digital assets in the most secure and convenient way possible. Bitpanda Global Exchange expands our offering beyond the popular, easy-to-use Bitpanda platform, which is the go-to-place to buy, sell and store digital assets like Bitcoin, Ethereum, digitised gold and more in Europe.”
The Bitpanda Global Exchange was developed 100% in-house over the course of the last two years. It will not only provide a highly liquid marketplace for crypto assets but also bring all existing and future digital asset classes offered by Bitpanda to the Global Exchange.
Bitpanda 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 is closely connected to the Bitpanda platform, which means that users can move funds easily between them. Bitpanda Global Exchange launches 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 and many more to come.
In addition to the Bitpanda Global Exchange Bitpanda announced the launch of their Ecosystem Token (BEST). It’s the key to get the most out of Bitpanda. It will offer the growing community of around 1 million Bitpanda users a wide range of rewards and benefits for use on Bitpanda products and services. Bitpanda users holding BEST will enjoy up to 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 Bitpanda and the Bitpanda Global Exchange will start on August 7th 2019.