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Bitpanda goes global: Announcing the Bitpanda Global Exchange and the IEO for the ecosystem token BEST
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.
Cryptocurrency prices remained in an upbeat tone on Thursday as the US dollar index continued its bearish move. Bitcoin, the biggest cryptocurrency in the world, rose to $23,165, the highest level in months. Similarly, Ethereum has risen by more than 4% in the past 24 hours while BNB Coin and XRP surged to $307 and $0.41, respectively.
US dollar index retreats
Cryptocurrencies have an inverse relationship with the US dollar index. For example, the DXY, which looks at the performance of the greenback vs other currencies, soared to a 20-year high of $115 in 2022. As that happened, cryptocurrencies like Bitcoin plunged during the year.
The foundation of this relationship is the Federal Reserve. In most periods, the US dollar index tends to rise when the Fed is extremely hawkish and vice versa. And it was extremely hawkish in 2022 as it hiked interest rates by more than 400 basis points.
Therefore, while the Fed has remained hawkish recently, the US dollar has dropped because of what the data is saying. Data published recently showed that America’s inflation is easing. The closely watched consumer price index dropped to 6.5% in December while core inflation fell to 5.7%.
At the same time, other parts of the economy are showing that the American economy is indeed recoiling. Retail sales dropped sharply in December while many…
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
Blockchain conglomerate GDA Group joins as Campden Wealth’s newest Corporate Partner for 2021. Based in Toronto, GDA group provides access to all verticals of the crypto capital markets to institutions and private investors. The two institutions once operated on different verticals, so the partnership indicates a new era of portfolio allocation and asset diversification. Digital assets, including bitcoin, are becoming a vital component of modern investment strategies. GDA Group provides multiple avenues for digital asset exposure, including trading services through their institutional trading desk Secure Digital Markets, including non-recourse lending up to $100M through GDA Lending, and private placements through their capital markets arm GDA Capital.
“Institutions have spent a decade on the sidelines, evaluating the risks of this burgeoning sector. Now, in less than 6 months we have seen billions in institutional and private capital enter the space,” says James Godfrey, FX and International Banking Advisor to GDA Group. “Our relationship with Campden will illustrate the maturation of this industry and where we are headed next. New stakeholders will need experience, resources and insights to navigate this new market and evaluate upcoming opportunities.”
“The Campden Community is constantly balancing the needs of wealth creation for the future, with wealth preservation…
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