As per our announcement on X on 26.03, we are excited to announce that BEST and PANTOS will be merged into a new token called VISION (VSN). More information coming soon. Stay tuned !
We are excited to announce a new feature that allows you to convert the remaining amounts of cryptocurrencies (dust) directly to Bitpanda Ecosystem Token (BEST).
Follow these simple steps to exchange your dust for BEST:
Step-by-step guide
- Access Your Portfolio:
- Open the Bitpanda app on your device.
- Navigate to your portfolio to view your asset holdings.
- Locate Dust Amounts:
- Identify assets with balances under €1, which qualify as dust.
- Start the Conversion:
- Tap the broom icon next to the balance amount for the asset you wish to convert.
- This will open the conversion interface.
- Select Assets for Conversion:
- In the conversion window, select all the cryptocurrencies you wish to convert into BEST.
- Confirm the Conversion:
- Follow the on-screen prompts to confirm your selections and complete the conversion.
Note: please keep in mind that this feature is not available for BCI, Leverage or for assets worth €1 or more.
Benefits of converting dust to BEST
- Streamlined portfolio management: Keep your portfolio organised by converting small amounts of various cryptocurrencies into a single, valuable asset.
- Increased utility: BEST can be used for various features within the Bitpanda ecosystem, providing more value and utility compared to holding multiple small amounts of different cryptocurrencies.
- Ease of use: The new feature makes it easy to manage your assets directly within the Bitpanda app without needing to perform multiple transactions.
Managing Small Balances for Withdrawal
If you prefer withdrawing your small balances, here’s an alternative approach:
- Increase Your Balances:
- Buy additional amounts of the cryptocurrency to meet the minimum withdrawal or selling threshold.
- Withdraw or Sell the Entire Amount:
- Once the balance is sufficient, proceed to withdraw or sell the entire amount, ensuring no residual balance remains.
Make sure to keep your app updated to enjoy the latest features and improvements. Happy trading!