BitPanda, a reputable, Austrian crypto exchange, has launched BitPanda Global Exchange, an exchange dedicated to all institutional and seasoned crypto investors. BitPanda GE said that the platform would feature XRP/EUR trading pair alongside other combinations which comprise of BTC, ETH and MIOTA, all paired with USDT and EUR.
According to a tweet from the exchange, XRP/EUR trading pair will be trading on the Bitpanda Global Exchange immediately after its August 7 launch. BitPanda has been offering several trading pairs, although this new pair will present an extra choice for its users.
BitPanda is a Vienna-based exchange, founded in 2014, even though it has since grown to serve more than one million monthly crypto traders. And just like the exchange, BitPanda GE will also offer crypto-to-crypto trading services to its global customers. Further, all those traders whose accounts have been verified, majority originating from Europe, will be free to deposit Swiss Francs, Euro and Pounds.
At the moment, trading pairs available include BTC/EUR, ETH/EUR, XRP/EUR, MIOTA/EUR, BTC/ETH, BTC/XRP, BTC/MIOTA, BTC/PAN, BTC/BEST, BTC/USDT, BEST/USDT and BEST/EUR. BEST or BitPanda Ecosystem Token, the platform’s native token, was slated to be launched on their IEO by press time.
BitPanda’s CEO, Eric Demuth, speaking after the launch, said that their native token would have a profound role in the global expansion of the newly launched Bitpanda GE. He said that the coin would play a vital role in ensuring that the platform’s quest to democratize investments and personal finances.
Demuth further described the token is “the fuel” of the ecosystem. He said that their other products, including BitPanda GE and Bitpanda Launchpad will greatly rely upon their integration with BEST.
It appears the ‘BitPanda magic’ is already being felt by its users. A Twitter user by the name @BoxerDarren expressed delight about it. According to the user, BitPanda was his first on-ramp to buy XRP from Great Britain, terming it the “easiest method” in the region for fiat.
@DecFromBitpanda, another user, said that the BitPanda ecosystem was growing tremendously. He alluded to the platform’s one million users as well as its bustling ecosystem, precious metal trading platform and several other offers.