Bitpanda has announced that it has expanded its crypto offering to more than 500 coins. In this way, the broker wants to become the leading platform in the European crypto market. The latest cryptocurrencies added were made during this period of general bullish.
Summary
Bitpanda and the offering of over 500 crypto on a single platform
Bitpanda, European broker, has expanded its offering to over 500 cryptos on a single platform.
In this way, Bitpanda aims to respond to the growing retail and institutional demand in the sector, also becoming the leading platform in Europe.
Precisely in this period, in fact, with the crypto rally underway, it seems that investor confidence in the sector is also increasing.
In this regard, Lukas Enzersdorfer-Konrad, Deputy CEO of Bitpanda, commented:
“The offering of over 500 cryptocurrencies marks an important milestone for Bitpanda, especially because the demand for a wider portfolio diversification is stronger than ever. Today’s investors are not only interested in Bitcoin and Ethereum: they want to explore innovative projects and take advantage of market sentiment. Bitpanda is here to provide this access, on the same compliant, secure, and easy-to-use platform that is already trusted by over 5 million European investors.”
This means that the expanded selection of Bitpanda allows users to explore both emerging projects and coins that are already consolidated.
Bitpanda: over 500 crypto and various advanced tools to support investment strategies
In addition to expanding the number of crypto offered on its platform, Bitpanda is also aiming to offer new and diverse trading tools.
In fact, Bitpanda users can select new advanced tools to support their investment strategies.
Among other things, Bitpanda offers the Spotlight as a tool for those seeking early access to innovative projects. The most recent project added to Bitpanda Spotlight is OBT.
Other tools then are the Leverage, limit orders, savings plan, and cryptocurrency indices.
The stablecoin pegged to the euro
Last September, Bitpanda had entered into a collaboration with Société Générale, to launch its stablecoin Eur Convertible (EURCV).
This is a stablecoin pegged to the euro, and its future listing on various crypto-exchanges is planned.
This is a stablecoin pegged to the euro, compliant with the new European crypto regulation MiCA, and fully collateralized in EUR. At that time, there were already more than 33 million EURCV tokens in circulation on the Et blockchain
