Bitpanda presents exchange after raising 43.6 million euros

The firm sold its first Initial Exchange Offer (IEO) through the token of its own ecosystem, BEST. The IEO became the most successful European offer so far

Bitpanda reached a memorable moment; sold its first Initial Exchange Offer (IEO), using the token of its own ecosystem, BEST, becoming the most successful IEO in Europe to date, as described by various media.

The fintech, which has more than one million users, also launched the Bitpanda Global Exchange (Bitpanda GE), an exchange of digital assets for experienced traders, professionals and institutions.

Bitpanda’s first global product allows crypto to crypto trading worldwide, with the exception of China and the United States, and fiat to crypto in more than 54 countries.

The exchange will also offer some of the lowest rates for manufacturers and buyers in the industry. If the interested party uses BEST to cancel, they can obtain a 25% discount from October of this year.

Bitpanda CEO Eric Demuth said: “Our goal is to establish Bitpanda Global Exchange as the largest exchange of euros with the lowest rates for the fiat to crypto trade in the industry. Bitpanda exists since 2014 and has an excellent reputation. We can build on many synergies and experiences.”

L. Sáenz

Source: Diario Bitcoin

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