Rewards Roundup: Highlights #1
In the world of cryptocurrency trading, Bitpanda stands out with its comprehensive platform offering a wide range of services, including the trading of BEST. Users can trade BEST on both Bitpanda and Bitpanda Pro, making it easily accessible for all.
One of the unique features of Bitpanda is the BEST Rewards loyalty programme. This programme is designed to incentivise long-term holding of BEST, the native token of the Bitpanda ecosystem. By holding BEST in their Bitpanda wallet, actively trading, and claiming their BEST Rewards, users can increase their BEST holdings by up to 12.68% annually.
The BEST Rewards programme has seen significant participation in recent months. In November alone, more than 32,000 users claimed their BEST Rewards, marking a 23% increase from October. Interestingly, around 80% of all the BEST on Bitpanda was used by users to claim their BEST Rewards during this period.
The exact amount of BEST collected for competitions is not reported, but the platform does distribute BEST regularly. On the 1st of December, 2020, 2,275,866 BEST (€347,980) was distributed to users who claimed their BEST Rewards in November 2020. Since the programme's launch, a total of 16,778,150 BEST (equivalent to €2,565,379) has been paid out through the BEST Rewards programme.
Bitpanda also offers a discount of 25% to everyone who uses BEST to pay trading premiums. The guaranteed value of BEST for trading premiums is €0.12.
In addition to the BEST Rewards programme, Bitpanda offers other benefits to its users. For instance, BEST VIP users on Bitpanda enjoy lower deposit fees when depositing via SOFORT or credit cards. Users can also participate in coin votes on the platform, adding another layer of engagement.
Moreover, users can swap any supported cryptocurrency, stablecoin, and even digitised metals to BEST on Bitpanda, making it a versatile platform for all digital asset transactions.
So, whether you're a seasoned cryptocurrency trader or just starting out, Bitpanda offers a user-friendly platform with numerous benefits. Happy trading!
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