Strongest BEST Sustainable Destruction: Over €12 million worth of BEST tokens has been successfully incinerated in our latest and most intense elimination process!
In the rapidly evolving world of cryptocurrency, Bitpanda continues to make waves with its latest announcements and strategies.
The Austrian-based platform, known for its user-friendly approach to digital assets, has revealed that regular token burns are a key part of its overall strategy. These burn events involve the destruction of a portion of the BEST tokens, which can have a positive impact on the token's value.
Bitpanda's CEO and co-founder, Paul Klanschek, expressed his excitement about the latest developments, praising the team and users who stand by Bitpanda's vision.
In a significant move, Bitpanda has announced the pre-order availability of the Bitpanda Card. This card offers exclusive benefits to BEST VIP holders, including up to 2.00% cashback in Bitcoin (BTC), unlimited free ATM withdrawals, and FX fee reductions.
Moreover, the number of users claiming their BEST Rewards has seen a substantial increase of more than 33% since December. The BEST Rewards loyalty programme allows users to increase their BEST holdings by up to 12.68% a year.
Bitpanda has also announced its fifth BEST burn event, which took place in April. The tokens burned were collected from users who used them to pay for trading premiums and fees on Bitpanda and Bitpanda Pro. The details of this burn event, including the total supply and the burn transaction, can be found on the provided link.
Looking ahead, Bitpanda has many exciting projects planned for 2021. One such project is the fourth BEST Coin Vote, which was announced on the 24th of November, 2020, for BEST VIP holders to decide on coins and tokens to be listed. However, the details of this vote have not been revealed as of yet.
For those interested in learning more about Bitpanda's vision, the company's vision paper can be found on the provided link.
Paul Klanschek, who became the Chief Executive Officer and co-founder of Bitpanda on January 1, 2021, also shared his thoughts on the latest developments. He noted that he stepped back from operational business in January 2021, but has remained involved in the company's strategic direction.
As of the 1st of January, 2021, the BEST fee collection discount was reduced to 20% and the BEST minimum value for fee collection was increased to €0.132.
In conclusion, Bitpanda continues to innovate and grow, with regular token burns, the introduction of the Bitpanda Card, and exciting projects planned for the future. For those interested in digital assets, Bitpanda remains a platform worth keeping an eye on.
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