What are BEST Rewards?

The Bitpanda ecosystem offers many benefits, the updated BEST Rewards being one of them.

What are BEST Rewards (Coming Q2 2022)

BEST Rewards are benefits granted voluntarily by Bitpanda under its loyalty programme called the Bitpanda Loyalty Programme, which you can use to increase your BEST holdings by up to 15% a year.

Every user holding BEST in their wallet on Bitpanda (not Bitpanda Pro) who completes at least one weekly trade and actively claims the accrued BEST Rewards by accepting the weekly pop-up is eligible to receive the equivalent of up to 0.275% of their BEST holdings. In other words, all you have to do is have a minimum of 10 BEST in your Bitpanda wallet, complete at least one weekly trade and actively claim the weekly reward.

Tip: The higher your BEST VIP level and the more you trade, the more BEST you are entitled to.

How to claim BEST Rewards

In order to be entitled to receive BEST Rewards each week, you have to actively do a couple of things:

  • Have a verified Bitpanda account
  • Hold a minimum amount of 10 BEST in your Bitpanda wallet (not Bitpanda Pro)
  • Actively claim your BEST Rewards once a week on Bitpanda (not Bitpanda Pro)
  • Accept the Bitpanda Loyalty Programme terms and conditions during the claim process
  • Trade any digital asset at least once a week on Bitpanda either before or after your BEST Rewards claim for the given week (not Bitpanda Pro)

Tip: A savings plan purchase also counts as a trade.

Step-by-step guide

  1. Head over to Bitpanda and log in with your verified account
  2. On the Bitpanda dashboard, you will see a BEST Rewards banner. There, you have to click on the button Claim BEST Rewards
  3. Read the information on the pop up you see carefully and also check out the Bitpanda Loyalty Programme terms and conditions
  4. Click on the two toggles next to the Bitpanda Loyalty Programme terms and conditions and the additional information to agree to both of them
  5. To finish the claim process, click on the button Claim BEST Rewards now
  6. After you have successfully completed the claim process, you will see that the button on the Bitpanda dashboard now says Already claimed

Snapshot

The snapshot of your BEST holdings, BEST VIP level and total amount traded over the whole week is taken at 11:59:59 pm CET/CEST each Sunday.

If you meet all the requirements, you will be eligible to receive up to 0.275% of your BEST holdings on Monday of the following week for the previous week.

FAQ

Is BEST Rewards also available on Bitpanda Pro?
No. The rewards granted under the Bitpanda Loyalty Programme are currently only available on Bitpanda.
Does BEST Rewards also work with a savings plan?
Yes. A savings plan purchase also counts as a trade.
Can I hold BEST on an external wallet for BEST Rewards to work?
No. You have to hold BEST on your Bitpanda wallet. Not on Bitpanda Pro or an external wallet.

Any questions?

Still have questions? Learn even more about BEST 2.0 and the Bitpanda Loyalty Programme on this page and stay up to date on our social media.

You can find more information and the legal structure of the BEST token and the Bitpanda Loyalty Programme in our applicable terms and conditions that govern BEST 2.0 as a pure trade token and the Bitpanda Loyalty Programme. As the Bitpanda Loyalty Programme is a customer loyalty programme, please keep in mind that Bitpanda may stop this programme at any time and is not legally bound to give out the benefits voluntarily granted under the Bitpanda Loyalty Programme.

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