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How to buy Bitpanda Ecosystem Token (BEST) in the US
A beginner's guide to buying and selling BEST in the US.
How to buy Bitpanda Ecosystem Token
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Bitpanda Ecosystem Token.
- Open an account on an exchange that supports BEST.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Bitpanda Ecosystem Token.
- Buy Bitpanda Ecosystem Token.
Complete your Bitpanda Ecosystem Token purchase and then find the best wallet to store BEST.
What is Bitpanda Ecosystem Token?
Bitpanda is a cryptocurrency broker that focuses on cryptocurrency trading for European customers. According to Bitpanda’s website, the company was founded in late 2014 and initially focused on Bitcoin (BTC) exchanges. Since then, the company has grown from strength to strength and is now considered the main route for purchasing cryptocurrencies for many East European citizens.
The broker allows cryptocurrency purchases to be made via a number of traditional and convenient payment platforms such as credit/debit cards, EPS, bank transfers and SEPA.
The Bitpanda Ecosystem Token (BEST) serves as the native token of the Bitpanda platform. Developed using the ERC-20 (Ethereum-based) standard, it is designed to provide users with a host of rewards and benefits. Bitpanda implements a loyalty program whereby incentives are distributed based upon the amount of BEST tokens held.
Bitpanda Ecosystem Token (BEST) is in the top 1,000 cryptocurrencies in the world by market cap. The current price of Bitpanda Ecosystem Token is $0.883108, which is 1.541% higher than yesterday. Prices have ranged between $0.889701 and $0.869709 over the past 24 hours. All prices are listed in US dollars and accurate as of October 16, 2021 10:10 UTC.
Where to buy Bitpanda Ecosystem Token
Unfortunately, at this time no major exchanges in the United States offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.
Consider buying a different cryptocurrency after comparing popular exchanges.
Is it a good time to buy Bitpanda Ecosystem Token?
The technical analysis gauge for Bitpanda Ecosystem Token displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Bitpanda Ecosystem Token based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Bitpanda Ecosystem Token: moving averages, oscillators and pivots. Finder is not responsible for how BEST performs.
Bitpanda Ecosystem Token at a glance
|Total BEST supply||844,651,203|
|All time high||US$3.10|
|All time high date||April 21, 2021|
|Token uses||Exchange token, platform discounts, rewards|
Bitpanda Ecosystem Token price performance over time
How to sell Bitpanda Ecosystem Token
You can cash out your BEST with the same exchange you bought it through:
- Sign in to the exchange you have BEST on.
If you store your Bitpanda Ecosystem Token in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of BEST you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Bitpanda Ecosystem Token.
What to consider when buying Bitpanda Ecosystem TokenIt's always extremely important to do your due diligence before purchasing cryptocurrency. Both the token and the associated platform should be evaluated. Here are a few things to consider before buying BEST:
- Established community: Bitpanda has been operational for more than 5 years. In that time the broker has developed a strong community base of more than 2 million users. The exchange has, so far, stood the test of time, which is encouraging.
- Community investment: The Bitpanda Ecosystem Token was released to the public via an Initial Exchange Offering (IEO) in 2019. According to HedgeTrade.com, the company was able to raise more than $51 million.
- Fixed supply: The maximum supply of tokens is capped at 1 billion. There is no scope for this number to increase in the future. 500 million tokens were sold to prospective buyers during the token’s initial IEO. The remaining tokens are being held as company reserves.
- Range of assets: The Bitpanda ecosystem currently provides full support for a wide range of crypto assets. The platform also allows the users to purchase cryptocurrencies using fiat currencies including the US dollar (USD), Euro (EUR), British pound (GBP) and Swiss franc (CHF). This flexibility should help Bitpanda maintain and potentially increase its user base, which will drive demand for the BEST token.
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Disclaimer: Cryptocurrencies, including Bitpanda Ecosystem Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BEST is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Bitpanda Ecosystem Token or any other cryptocurrency discussed.
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