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Bitpanda goes global: Announcing the Bitpanda Global Exchange and the IEO for the ecosystem token BEST

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Vienna, 5th of June 2019 – Vienna-based fintech Bitpanda will launch the Bitpanda Global Exchange, a global cryptocurrency exchange for experienced traders, professionals and institutions. The Bitpanda platform will also get its own ecosystem token through an Initial Exchange Offering (IEO).  BEST (Bitpanda Ecosystem Token) will offer a range of benefits and incentives to nearly 1 million Bitpanda users.

The Bitpanda Global Exchange allows 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

Bitpanda Ecosystem Token (BEST) IEO launches on July 9th, 2019

BEST offers up to 25% trading fee discount plus additional rewards and perks

Growing list of popular trading pairs and funding options

Competitive fee structure

State-of-the-art API

Highest security standards

BEST trading will start on August 7th, 2019

Bitpanda, the Viennese fintech with around 1 million users and more than 100 employees is launching the Bitpanda Global Exchange, a digital asset exchange for experienced traders, professionals and institutions. Bitpanda Global Exchange (Bitpanda GE) builds upon 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.

Bitpanda GE is available globally for crypto-to-crypto trading. Verified Bitpanda users within the majority of European countries can also deposit Euro, Swiss Franc and British Pound. Bitpanda GE is closely connected to the Bitpanda platform, which means that users can move funds easily between them. Bitpanda GE launches with popular trading pairs such asBTC/EUR, BTC/USDT, ETH/EUR, XRP/EUR, MIOTA/EUR, ETH/BTC, XRP/BTC, MIOTA/BTC, PAN/BTC, BEST/BTC, BEST/EUR and BEST/USDT and many more to come.

“Offering experienced users, a way to trade digital assets and building the largest Euro exchange is the next logical step for us. Bitpanda has been around since 2014 and we are a key player in Europe. We can build on a lot of synergies and experience,” says Bitpanda CEO Eric Demuth.

As part of the Bitpanda Global Exchange launch, Bitpanda is also launching its first Initial Exchange Offering (IEO). The Bitpanda Ecosystem Token (BEST) is the coin of the Bitpanda ecosystem that offers users a wide range of benefits and perks within the Bitpanda ecosystem. The growing community of around 1 million Bitpanda users will be able to benefit from a wide range of rewards and perks. For example, they will get a reduction of up to 25% on Bitpanda trading fees, gain priority access to the upcoming Bitpanda Launchpad, which will be available later and allow the launch of third party IEOs.

“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”, says Bitpanda CEO Eric Demuth.

About Bitpanda

Bitpanda is a fintech based in Vienna, Austria founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer. The company is a firm believer in the innovative power of cryptocurrencies, digitised assets and blockchain technology. Bitpanda’s mission is to tear down the barriers to investing and bring traditional financial products to the 21st century. Today, Bitpanda has around 1 million users and more than 100 team members. With a PSD2 payment service provider license, state-of-the-art security and streamlined user experience, Bitpanda has grown into a popular trading platform for newbies and experts alike. Users can currently trade Bitcoin, Ethereum, gold and over 20 other digital assets.

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CoinField Starts One Week SOLO Token Pre-Sale

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CoinField has launched its SOLO Token Pre-Sale today, which started at 6 pm UTC (10 am PST). The pre-sale will run December 9-16, 2019. A limited number of participants will be able to purchase a total of 40 million SOLO tokens at a discounted rate, ahead of the public sale in Q1 2020.

Last month, CoinField sent out 50,000 invitations to the Sologenic VIP community members who needed to sign up for a CoinField account, pass the KYC verification process and successfully fund their account before December 6, 2019, to join the pre-sale.  

Built on top of the XRP Ledger, Sologenic was unveiled at the Malta AI & Blockchain Summit in November, where it was nominated as “DeFi Project of the Year.”

“I have to say that from all the projects in 2019, this one, in particular, caught my eye for various reasons. The first one being that this is an ambitious project that aims to revitalize the trading industry through a blockchain-only solution, and the second being the innovative use of XRP Ledger technology to make it all happen. I’m confident that with Sologenic’s stellar direction, this will be one of the projects to…

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Five Strategies for Lowering Your Crypto Taxes

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Getting taxes done isn’t always the highest item on everyone’s to do list. This is especially true if you have accumulated significant gains from investing in cryptocurrencies. What many investors often don’t consider are the opportunities to actually reduce their tax liabilities from their crypto investing. This article discusses five strategies that you can use to help minimize your crypto tax liability.

Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, but similar issues arise around the world. As always, check with a local tax professional to assess your own particular tax situation.

1. Tax loss harvesting

Tax loss harvesting is a common strategy in the world of investing where you sell your assets that will realize a capital loss. All you need to do is look at your investments and see which ones you bought for more than they are currently worth. By selling at a loss, you can potentially dramatically lower your net capital gains and thus reduce your taxable income. Given the market we are currently in, there are abundant opportunities to harvest losses and save on your tax bill. Cryptocurrency tax calculators have built specific tax loss harvesting tools that you can use automatically detect which coins present…

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The Best Thing to Share with Your Family on Thanksgiving

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Sitting at the Thanksgiving table, your cousin remarks that her credit card was stolen in their data breach and was used to shopping during Black Friday last year. You quickly say, “That wouldn’t have happened if you used Bitcoin,” which leads to an awkward silence. “Isn’t that what people use to buy illegal drugs?” your cousin finally asks, while your other relatives nod their heads. At this Thanksgiving Day, it’s time to share the true meaning of cryptocurrency.

The first thing to do is to compare the cryptocurrency to cash. Remind your cousin that when she pays with cash, she doesn’t have to give away any of her personal details unless the purchase requires it, and more importantly, the merchant has no access to get more of her money than what she gave him. Similarly, cryptocurrency works the same way in the digital realm. Therefore, cryptocurrency payment is also less open to fraud and theft comparing to credit card.

How to make profits with cryptocurrency

What’s more, you can also make profits in crypto trading. In spot trades, investors buy cryptocurrencies like bitcoins and make a profit when BTC rise in price. But there are more opportunities to profit in another way: futures trading.

Compared to spot trades, futures trading enables investors to make a profit on both the upward and…

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