Bitpanda is a fintech firm founded in the year 2014 by Paul Klanschek, Eric Demuth, and Christian Trummer. It has its headquarter in Vienna, Austria. This trading platform has gained widespread popularity among both the groups of next-generation users, experts, and the newbies, making the users’ count to more than 1 million. The ease of buying digital assets like Bitcoin, Ethereum, and others of the like, makes it the users’ paradise as these digital assets can be brought within minutes without any hassles.
Bitpanda trading platform is very clear about its visions to make digital asset investment as easy as it should be. It offers the simplest and the quickest trading of digital assets, be it purchasing, selling, sending, or even swapping of the digital assets. Bitpanda even accepts all forms of currencies as payout and payment options ranging from Swiss, Euro, Franc, Sterling, British Pound, and US Dollar that contributes to its mammoth popularity among users all across the world. The state-of-art security and PSD2 payment service provider license helps in bolstering its position to become the most emerging digital asset and retail broking platform for buying and selling digital assets in entire Europe.
Services provided by Bitpanda exchange
It is a 100% inhouse global trading platform for experienced users who can trade digital assets like Bitcoin, Ethereum, and others at the most competitive costs and in the most secure way. The exchange offers highly professional trading solutions along with paving a market to sustain liquidity. Fully automated clearing and settlement processes are additional benefits that the exchange offers. Here are some exclusive services by Bitpanda discussed.
Lowest fee structure
The exchange offers a highly transparent and competitive fee structure with the lowest taker and maker fees in the industry. An additional 25% discount is offered to the users who use BEST (Bitpanda Ecosystem Token) as the payment option for trading fees.
Worldwide availability
The exchange offers global crypto-to-crypto trading in 54 countries that excludes the USA and China. This means that the Fiat money can be directly deposited into the Bitpanda Exchange in all these 54 countries.
Emerging list of popular Euro trading pairs
The exchange provides high liquidity markets for popular Euro trading pairs like BTC/EUR, ETH/EUR, BTC/USDT, ETH/BTC, and many more.
State-of-the-art API
By setting up trading bots with the exchange’s state-of-art API, users can get access to market data and also earn profits from arbitrage.
Highest Security Standards
The Bitpanda global exchange offers the highest ever security and legal compliance platform to its users. In fact, it prioritizes the security of the users’ funds more than anything else.
Top class UI (User Interface)
The UI of Bitpanda appears classy with a highly responsive design. The users can also use Bitpanda GE from their mobiles, which is an added advantage.
Apart from these services, some of the Bitpanda parameters and features are discussed hereunder.
BEST
The Bitpanda Ecosystem Token is a popular digital asset token that is issued on the Ethereum platform. The most active global exchange to trade BEST is the Bitpanda Global Exchange. Users can avail of a 25% discount on trading fees and also gain priority access to the upcoming Bitpanda products like the Launchpad. Buying BEST on the Bitpanda platform is also relatively easy. Users need to create an account on the Bitpanda platform by confirming their identities, deposit funds, and they are all set to buy digital assets.
The first token burn event for BEST is scheduled on January 30th, 2020, at 2:00 pm CET. The event is starting a little early this time with a couple of new and exciting features. The supply of the tokens will be constantly decreased over time until 50% of the total tokens are destroyed.
Bitpanda Pay
Bitpanda pay is a payment service provider that allows sending money to any IBAN in the EU. The user-friendly interface allows bill payment, rent payments, etc., easier than anyone could even comprehend.
Bitpanda Savings
It is a feature that allows its users to buy digital assets regularly without the need to buy them on a regular basis manually. The users just need to set the specific time, date, and the particular digital asset they want to buy, and Bitpanda does the rest automatically.
Bitpanda Metals
Digitized gold, silver, platinum, and palladium are the three Bitpanda metals that can be bought under the lowest possible fees with Bitpanda. The metals are stored in a 100% insured vault in Switzerland. For purchasing the first 20gm of the metals, there are storage fees required to be paid and the users get a highly secured vault to store these precious metals.
Bitpanda Swap
This feature allows the users to instantly swap any supported digital assets on the Bitpanda platform for other supported tokens or coins on the platform. For example, Bitcoin can be swapped for Cardano, or EOS can be swapped for Litecoin.
Therefore, with all these features and services, Bitpanda offers a highly trusted trading platform with myriads of opportunities and thus has gained widespread popularity worldwide.