BEST.
The Bitpanda Ecosystem Token.
Your key to getting the most out of Bitpanda. Enjoy great benefits and discounts.
↓ Vision paper (PDF) ↓ Key facts (PDF)Bitpanda is tearing down the barriers to personal finance with products designed for investment newbies and experts alike.
Get discounts on trading fees and a wide range of benefits within the Bitpanda ecosystem. By investing in BEST you will enjoy up to 25% fee reduction on trading fees (feature coming Q4 2019), gain priority access to the upcoming Bitpanda Launchpad and future products.
Learn moreDiscover your rewards
BEST offers you a wide range of rewards and perks, applicable to the whole growing Bitpanda ecosystem.
Participate in our first IEO, get priority access to Bitpanda Launchpad
BEST is the first Initial Exchange Offering (IEO) conducted by Bitpanda and will be immediately listed on the Bitpanda Global Exchange. BEST will also give you priority access to the upcoming Bitpanda Launchpad, which will allow you to invest in other IEOs.
Discounts when paying trading fees with BEST
Beginning from Q4 2019 until the end of 2020 your discount rate will be 25%. This can be applied to trading fees for all current and future Bitpanda products.
Rewards and perks for holding BEST
You get a variety of rewards and perks for holding a certain amount of BEST in your Bitpanda wallet. Those range from lower trading fees to additional discounts, rewards and more.
Constant token burn to decrease the supply
To reduce the supply, a part of the BEST spent on fees on the Bitpanda platform will be constantly burned until 50% of the total BEST supply is destroyed.
Reward levels
You can find your BEST reward level in your account dashboard
Level 1
(minimum 5.000 BEST)
- Exclusive Bitpanda Launchpad access
- Discounts on buying vouchers. You can convert your digital assets into digital gift cards that can be used with various merchants.
- and more to come
Level 2
(minimum 50.000 BEST)
- Exclusive Bitpanda Launchpad access
- Discounts on buying vouchers. You can convert your digital assets into digital gift cards that can be used with various merchants.
- Lower deposit fees when depositing via SOFORT (1.49% instead of 1.99%) or credit cards (1.20% instead of 1.49%) on Bitpanda (coming Q4/2019)
- As an affiliate, start earning 14% (instead of 10%) of revenue share for customers you refer to us, and up to 20% maximum
- and more to come
Level 3
(minimum 500.000 BEST)
- Exclusive Bitpanda Launchpad access
- Discounts on buying vouchers. You can convert your digital assets into digital gift cards that can be used with various merchants.
- Lower deposit fees when depositing via SOFORT (1.49% instead of 1.99%) or credit cards (1.20% instead of 1.49%) on Bitpanda (coming Q4/2019)
- As an affiliate, start earning 18% (instead of 10%) of revenue share for customers you refer to us, and up to 20% maximum
- and more to come
FAQ
What is Bitpanda’s vision?
We are working hard on tearing down the barriers of investing and bringing traditional financial products into the 21st century. Today, Bitpanda has around 1 million users and more than 100 team members. With a PSD2 payment service provider license, state-of-the-art security and streamlined user experience, Bitpanda has grown into a popular trading platform for newbies and experts alike.
At its core, Bitpanda is an easy to use, straight-forward trading platform, which lowers the entry barriers and makes investments accessible for everyone. Users can currently trade cryptocurrencies like Bitcoin, Ethereum or IOTA, while we also offer innovations like digitised gold and silver, stablecoins and over 20 other digital assets.
But this is just the beginning. Our mission is to tear down barriers and make investing as easy as ordering a pizza or a taxi. We are passionate about allowing everyone, no matter their budget, to get access to investment products under fair, transparent and convenient conditions.
What is the Bitpanda Ecosystem Token (BEST) and what are the benefits?
BEST is the Bitpanda coin that offers users a wide range of benefits and perks within the Bitpanda ecosystem. It provides the growing community of around 1 million Bitpanda users with a wide range of rewards and benefits. It is issued by Bitpanda. By investing in BEST, you will enjoy a reduction of up to 25% on Bitpanda trading fees, gain priority access to the Bitpanda Launchpad, which will be available later, and benefit from a wide range of upcoming features and rewards.
It will play a vital role in Bitpanda’s global expansion and in making our vision of changing the rules of investing a reality. BEST is the fuel of the Bitpanda ecosystem, which means that the Bitpanda platform, the Bitpanda Global Exchange and future products like the Bitpanda Launchpad will make heavy use of incorporating it and offering users, who hold it, exclusive rewards and perks.
What is the difference between Pantos and BEST?
Pantos, the joint scientific research project by Bitpanda and the Technical University of Vienna, aims to solve one of the key technical barriers in the crypto and digital asset space: interoperability between blockchains. BEST, on the other hand, is an ecosystem token for Bitpanda services, which will come with a lot of direct benefits for Bitpanda users. While the scope and features of Pantos and BEST are not the same, we aim to bring the technology developed within the Pantos project to BEST. Our goal is to implement and use Token Atomic Swap Technology (TAST), the first research endeavour within the Pantos project, as soon as it is production ready. For example, IEOs performed on the Bitpanda Launchpad could use Pantos technology in the future.
Where can I find out more about the legal implications for BEST?
You can find more information about this topic in our legal FAQ document for the BEST IEO.
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