Note: There are currently impostors around pretending to be official Bitpanda employees. They are contacting other Exchanges asking them to list our Bitpanda Ecosystem Token (BEST) and are promising financial opportunities. If you receive such emails, please contact our support team via our contact form.
With BEST you gain easy access to an entire ecosystem built to diversify your wealth across cryptocurrencies, digital assets and precious metals from the comfort of your home, just with the click of a button.
Explore the full scope of the Bitpanda Ecosystem Token (BEST) in our vision paper.
What is BEST?
BEST is the native token of the Bitpanda platform, the Bitpanda Global Exchange and the entire Bitpanda ecosystem, and gives BEST holders several benefits.
Where can I buy BEST?
You can buy and trade the Bitpanda Ecosystem Token (BEST) in the following places:
When buying BEST on the Bitpanda platform, just follow the steps on how to buy cryptocurrencies and digital assets.
Bitpanda Global Exchange
You are entitled to various benefits when using the Bitpanda Ecosystem Token (BEST), some of which are:
- Up to 25% reduction on trading premiums on the Bitpanda platform and trading fees on the Bitpanda Global Exchange when using BEST to pay for them
- Perks based on holding certain amounts of BEST in your wallet (either on the Bitpanda investment platform or the Bitpanda Global Exchange)
- Priority access to the upcoming Bitpanda Launchpad
- Personal contact person
Tip: Make yourself familiar with all the benefits of the Bitpanda Ecosystem Token (BEST).
How does the fee and premium reduction work?
All users holding BEST in their BEST wallet on the Bitpanda platform or the Bitpanda Global Exchange will be able to pay trading premiums, trading fees and metals storage fees using BEST starting from October 30th, 2019 and will receive a discount of 25% for doing so. You just have to activate the feature, depending on where you want to get the discount.
To enable paying trading premiums with BEST on the Bitpanda platform, please follow these steps:
- Log in to the Bitpanda platform
- Click on your User Icon
- Click on My Account
- Toggle the slider next to Pay trading premiums with BEST
- The feature to pay the metals storage fees, as well as the trading premiums for each trade, swap or savings, plan on the Bitpanda platform is now enabled and active as long as you have enough BEST in your Bitpanda platform wallet
In addition, the feature can be enabled or disabled individually on each trade, swap or savings plan. Doing so will only affect that single instance, even though the feature is generally enabled or disabled respectively in the settings.
Note: You need to activate the feature on the Bitpanda platform and the Bitpanda Global Exchange separately. Enabling it on one platform does not automatically enable it on the other.
To enable paying trading fees with BEST on the Bitpanda Global Exchange, please follow these steps:
- Log in to the Bitpanda Global Exchange
- Click on your User Icon
- Click on Settings
- Toggle the slider next to Enable Pay trading fees with BEST
- The feature to pay trading fees on the Bitpanda Global Exchange with BEST is now enabled and active as long as you have enough BEST in your Bitpanda Global Exchange wallet
The following BEST trading pairs will be available on the Bitpanda Global Exchange:
Tip: You qualify for a discount on trading fees on the applicable trading pairs, when using BEST to pay the fees.
Stay in the know
Keep in mind that we cannot speak about new features before they have been launched successfully or before we have publicly announced that we are planning to do so. Furthermore, we cannot comment on any rumours concerning such matters.
If you want to be the first to learn about upcoming events, you can join our Bitpanda Announcements Telegram group, or simply follow us on our social media channels:
Tip: Also check out our AMA session with Bitpanda CEO and co-founder Paul Klanschek. He answered the most pressing user questions about Bitpanda, our new Bitpanda Ecosystem Token (BEST) IEO and the Bitpanda Global Exchange.
Frequently asked questions
As an educated investor we encourage you to read and understand our vision paper and its important considerations in its entirety before any potential investment.