Bitpanda is a firm believer in the innovative power of cryptocurrencies, digitized assets and blockchain technology. Their mission is to tear down the barriers to personal finance and bring traditional financial products into the 21st century.
Bitpanda is all about ease of use. A one-tier verification process aims to give users access to an intuitive, fast and secure trading experience. The fully automated platform provides both new and experienced users with complete control over their portfolio and provides simple and fast access to buying, selling, swapping or sending digital assets. With Euro, Swiss Franc, British Pound Sterling and US Dollar support, as well as a wide range of payment and payout Providers flexibility is a high priority. Bitpanda aims to stay ahead of the curve, through continuously updating existing products while expanding its scope to introduce new services.
A Walk-through time…
2014: in 2014 Bitpanda was founded in Vienna, Austria by Eric Demuth, Paul Klanschek and Christian Trummer. It was initially branded as ‘Coinimal where the first trade of many more to come was executed in December 2014!
2015: was the year of initial growth with the number of registered users going from less than 1000 to over 10,000 by the end of the year solidifying ‘Coinimal as a serious contender in the market.
2016: Advancements in the payment options allowing for Mastercard and Visa payment to be used to deposit and buy cryptocurrencies along with the rebrand to Bitpanda led to over the huge milestone of 100,000 registered users by December 2016.
2017: The beginning of the endless product releases began with the release of Bitpanda to Go was launched along with EUR wallet service. In this same year Bitpanda was awarded the Best Fintech Start-up 2017 at Central European Start-up Awards and hit 500,00 registered users in December 2017.
2018: 2018 brought the year of the Bitpanda multi-blockchain research project ICO Pantos as well as the Launch of the all new Bitpanda 2.0 Platform. Leading into the second half of 2018 before the market took an explosive move ERC20 Support was added to Bitpanda along with the launch of the Bitpanda Android app and Bitpanda Swap.
2019: After Battling the bear market throughout the majority of 2018, 2019 continued to be a strong year of progress for Bitpanda hitting 1 million Registered users and receiving European Payments Service provide license (PSD2). This year has been a huge year of product release with the Bitpanda Savings, Bitpanda metals and Bitpanda Global Exchange opening up to the world, introducing BEST ahead of IEO.
Proven success in cryptocurrencies: within four years, Bitpanda organically built a
highly profitable platform for digital assets, constantly delivering on their ambitious
roadmap.
A strong team as a driving force: three visionary founders and more than 120 highly
dedicated team members from 31 different nations, shaping the future of investing in
the Vienna headquarters.
Convenience for all investing needs: by transforming further asset classes into
digital tokens, they become accessible at low cost. Easy to use for beginners and
experts alike.
One platform disrupting the way of investing: Bitpanda is determined to build a
Global Wealth Platform, making all digital assets tradeable and also directly
spendable via the platform.
Licensed by an Austrian regulator: Payment Service Provider (PSD2) license was
granted by the FMA of Austria. Further licenses related to the business model are in
progress.
The Future
As stated recently by CEO and founder of Bitpanda, Paul Klanschek – “We are already poised in the best position to make this move, we are a European-based company that has proven itself to be trustworthy in providing high-quality services to our users for five years now. Our exchange product will be state-of-the-art with fees that are lower than comparable exchanges. Furthermore, we want to establish ourselves as a leading exchange service provider. This means having a wide array of markets with very high or the highest volume so that we further develop into the one-stop-shop for everything investing. Finally, we make it possible to on board institutional customers to our exchange. They won’t run into compliance issues because they have chosen to on board to an offshore or Asian exchange.”
The problem Bitpanda is solving:
Investing in 2019 feels a lot like investing back in 2009. You have to put up with poor user experience, unnecessary bureaucracy and high entry costs. Bitpanda is driven by the will to fix this. Its mission is to “tear down those barriers and make investing in digital assets as easy as ordering a pizza or a taxi. Investing needs to be reinvented. It needs to be democratized. It should not matter at all how wealthy you are. Same access and rules for everyone.”
Bitpanda’s goal is to “provide the tools necessary for this revolution. Society is ready to
question outdated ways, and it’s time for a fresh, better approach to personal finance. Being in this industry has never been as exciting as it is now.”
“Bitpanda’s mission is to tear down barriers and make investing in digital assets as easy as ordering a pizza or a taxi.”
Bitpanda Products:
Multiple Payment Options:
High Security & Low Fees
With the option to Buy cryptocurrency through MasterCard or Visa this gives the users a high security and low fee way of getting into the market!
There are currently over 12 different pay in and pay out methods for Bitpanda which you can check out here.
Multi-Blockchain Research Project ICO Pantos:
Pantos is Bitpanda’s research project in association with the Vienna Technical University (T.U. Wien). “Pantos is a project where we focus on making groundbreaking research into the problem of cross-blockchain operability. The goal is to release a production-ready version of the token code that can be applied to all new token releases, a code that enables the release on multiple blockchains simultaneously. This means working with the newest innovations (atomic swaps, witnesses, incentive models, etc.) to reach the goal. Pantos tech will be amazing once it’s production ready because it really fills a gap that no technology today has yet been able to.”
Bitpanda Mobile App:
With the Android app being available now and the IOS expected later in the year, Bitpanda aims to offer a fast, secure and reliable way to manage your crypto portfolio on the go. Through the app you can purchase cryptocurrency, send digital assets free of charge and deposit/withdraw with multiple payment methods including credit cards, NETELLER, Skrill, bank transfers and a whole lot more.
Learn more or download the Bitpanda app here.
Bitpanda Swap
The Bitpanda swap as the name explains allows your to instantly swap one cryptocurrency for another. With no limits to the size of the swap, an easy and streamlined user interface and integrated wallet service the process is simple.
Learn more about Bitpanda Swap here.
Bitpanda Savings:
With life getting busy it’s hard to keep track of purchases over time and people wanting to invest a set amount on a timeline basis now have an option to set up a personal crypto savings plan with Bitpanda. With the savings plan, once created the selected cryptocurrency of choice will be automatically purchased allowing the benefit of a dollar cost averaging investment. Through visa or Mastercard as the options the payment will be automatically deducted and you can create multiple savings plans as well as pause and edit past plans!
Learn more about Bitpanda Savings here.
Bitpanda Metals
Not only does Bitpanda offer cryptocurrency purchases , it also allows users to diversify their portfolio through physically backed and 100% insurance precious metals such as Real gold and silver.
The storage is Duty fee with low on-going costs and you can also swap gold and silver with other digital assets on the Bitpanda Swap product along with set up automatic saving plans using Bitpanda savings.
Learn more about Bitpanda Metals here.
Bitpanda Ecosystem Token (BEST):
The BEST token allows users to get the most out of the Bitpanda ecosystem with many benefits and discounts. Being the Bitpanda coin, it is the fuel to the ecosystem and will be incorporated into current and future products like the Bitpanda Launchpad and will provide BEST holders exclusive rewards and perks.
Currently the token usage is 5 years of trading fee discounts on Bitpanda and access to the Bitpanda Launchpad. The launchpad will enable companies to acquire capital as well as to offer unique investment opportunities to Bitpanda users (e.g. investments in Real Estate) through an Initial Exchange Offering (IEO), Bitpanda will develop the Bitpanda Launchpad.
The Bitpanda Launchpad will be a user-friendly process to guide investment opportunities and companies through a simple issuing process and successful launching of their individual token offering. Bitpanda will provide hands-on consultancy for full spectrum IEO (Initial Exchange Offering) creation and launch needs.
The IEO will begin on the July 9th, 2019 and will be tradable beginning from August 7th, 2019 on the Bitpanda Global Exchange! You can find out more about BEST and the upcoming IEO here.
The total Supply of BEST is 1bn with 50% for sale and 25% of BEST received by Bitpanda through fee payments will be destroyed on a quarterly basis until 50% of the total BEST amount is destroyed.
Users who sign up will be eligible for a BEST airdrop once verified.
Learn more or sign up to the IEO here!
Bitpanda Global Exchange:
Following the BEST IEO, Bitpanda will be launching their brand-new Exchange which targets professional traders which will aim to provide a highly liquid marketplace for cryptocurrency initially and then other digitized asset classes such as precious metals against EUR, BTC and BEST.
With easily customisable state of the art trading bots, an incentivised fee structure, high security, multiple funding options and worldwide availability the Bitpanda Global Exchange is making its mark on the Crypto world!
The Bitpanda Global Exchange will be live on August 7th, 2019 and you can learn more here.
Sign up/Learn More!
With Bitpanda already being very well known in Europe they are now targeting the global market, expanding beyond cryptocurrency and are on their way to becoming a top global fin tech company. With a strong belief in embracing laws and regulations rather than avoiding them the trusted brokerage will be launching their own exchange and ecosystem token. Learn more about Bitpanda below!
https://www.facebook.com/BITPANDA
Telegram:
BEST – https://t.me/BEST_en
Bitpanda – https://t.me/bitpanda_announcements
https://www.twitter.com/bitpanda
https://www.reddit.com/r/bitpanda/
https://www.youtube.com/c/BitpandaOfficial?view_as=subscriber
https://www.linkedin.com/company/bitpanda/
Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This information is for educational, informational and entertainment purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to information provided. Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This interview, overview or update article has been compensated for media cooperation and has been sponsored for by the interviewed or reviewed organization. There is also affiliate links throughout the review which Altcoin Buzz may receive remuneration from. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
