Home » Crypto » What is Bitpanda Ecosystem Token (BEST) and how does it work?

What is Bitpanda Ecosystem Token (BEST) and how does it work?

by Financial Economy
what-is-bitpanda-ecosystem-token-best-and-how-does-it-work

BEST (Bitpanda Ecosystem Token) is the own token of the globally growing investment platform Bitpanda. BEST is expected to play a vital role in the growth of the company and further increase customer loyalty. What is the Bitpanda Ecosystem Token BEST and how does it work, how much it costs, how to buy, etc. Detailed information about them is in the continuation of the content. You can browse here for information about SAFEMOON coin.

What is Bitpanda Ecosystem Token (BEST) and how does it work?

Bitpanda is a fintech firm based in Vienna, Austria and founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer. The company is a firm that believes in the innovative power of cryptocurrencies, digital assets and Blockchain technology. Today, Bitpanda has nearly 1 million users and more than 120 team members. Users can currently trade Bitcoin, Ethereum, gold and more than 20 digital assets.

BEST is the Bitpanda Ecosystem Token that offers the growing community of over 2 million Bitpanda users a wide range of rewards and benefits within the Bitpanda ecosystem. BEST is Bitpanda’s loyalty programme and generally speaking, the more BEST users hold, the more rewards they may be entitled to receive.

How to buy BEST and how much does it cost?

BEST – The Bitpanda Ecosystem Token was issued by Bitpanda in August 2019 through Europe’s most successful Initial Exchange Offering (IEO). More than €43 million was invested into BEST at the IEO. From a technological point of view, BEST is issued on the Ethereum blockchain as an ERC20 token. An amount of 1 billion BEST was created (never to be increased).

BEST (Bitpanda Ecosystem Token) is the own token of the globally growing investment platform Bitpanda. The total supply of BEST is 860,463,936 units. Its circulating supply is 394,186,139 units. As of today (July 6, 2021), 1 BEST is worth around $1.02.

Note: The information contained in this content is for informational purposes only. It is not investment advice.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

Related Posts

Leave a Comment