For Europeans, Bitpanda is one of the most popular crypto exchanges around. Thanks to having a prestigious PSD2 license, it can also offer traditional and complex financial instruments around the European Economic Area (EEA). However, Bitpanda isn’t satisfied with ruling Europe and has now set its sights on conquering the world. With this agenda in mind, Bitpanda announced that it will be launching Bitpanda global on August 7th. On top of Bitpanda global, Bitpanda will also be holding its IEO on July 9th.
Helping Traders Around the Globe
There is simply no doubt that Bitpanda is one of the smoothest and easiest crypto exchanges on the market, and with the launch of Bitpanda Global users from outside Europe will now be able to join the party. To kick off Bitpanda global, we can expect to see crypto-to-crypto and crypto-fiat trading pairs, including BTC/EUR, BTC/USDT, ETH/EUR, XRP/EUR, MIOTA/EUR, ETH/BTC, and XRP/BTC. We will likely see a much broader range on launch day, but these are the pairs we are 100% expecting to see on launch day.
Taking on Binance with BEST
After Binance launched its BNB token – and its incredible level of success – Bitpanda has decided to follow suit and launch its own exchange token via an IEO – the Bitpanda Ecosystem Token (BEST). BEST will offer holders a wide range of unique perks, as well as a juicy 25% discount on all trading fees. On top of this, BEST token holders will be able to interact with the Bitpanda Launchpad – Bitpanda’s version of the Binance Launchpad. The Binance Launchpad has been wildly successful, with projects that list from the Launchpad selling out their ICOs, IEOs, and STOs in a matter of seconds. Bitpanda is looking to get in on the action and a launchpad is definitely the right way to go.
From Europe to the World
Bitpanda has crushed Europe and holds multiple regulatory certificates, meaning conquering the world should be a relatively straight-forward task. As crypto markets spring back to life, more people are looking to get into the crypto trading world – a metric Bitpanda is hoping to cash in on. Australia is a hot crypto market at the moment, but it’s stuffed with exchanges – meaning competition will be tough. If Bitpanda can crack the SEC and gain regulated status – as well as a Bitlicense in New York – we could see the panda start to take over America.
This is terrific news from Europe’s leading crypto exchange, and as the panda slowly expands across the world, more and more crypto traders will surely flock to a superior crypto trading platform.