The Bitpanda Ecosystem Token (BEST)
Over the last couples of days it really looks like that we are in a bull market. And yes all of us are searching for hiden gems and to be honest most of us are here for the profits. Technology is nice, but rank second . In this situation i have come over a token called BEST. BEST stands for Bitpanda Ecosystem Token and is provided by an exchange called Bitpanda.
We find the following quote on Coinbase:
The Bitpanda Ecosystem Token (BEST) is the first Initial Exchange Offering (IEO) conducted by Bitpanda and will be immediately listed on the upcoming Bitpanda Global Exchange. BEST will give Bitpanda’s users a variety of rewards, perks and benefits. To reduce the supply, a part of the BEST spent on fees on the Bitpanda platform will be constantly burned until 50% of the total BEST supply is destroyed.
And on Bitpanda
BEST is the native coin of the Bitpanda investment platform, Bitpanda Pro and the entire Bitpanda ecosystem. It is an ERC20 token providing users with an easy means of diversifying their portfolio with cryptocurrencies, digital assets and digitised precious metals. BEST is listed and can be traded on Bitpanda Pro against the available fiat currencies, including Bitcoin (BTC) as well.
What makes it so unique?
- First of all, it reduces the trading fees up to 25% . Which is not bad.
- You can participate in
- They burn tokens on a regular base to decrease the supply
- VIP votes
- And a monthly reward of up to 1% of you BEST tokens in BEST.
Where can you trade BEST
Good question. I checked it on Coingecko and at the moment it is only available on BITPANDA and BItpanda PRO Exchange. The quote about BItpandaPRO:
Bitpanda Pro is a centralized cryptocurrency exchange located in Austria. There are 8 coins and 17 trading pairs on the exchange. Bitpanda Pro volume in the last 24 hours is reported to be at ₿450.26. The most active trading pair on Bitpanda Pro exchange is BTC/EUR. Bitpanda Pro is established in year 2014. More information about Bitpanda Pro exchange can be found at https://exchange.bitpanda.com.
Is it worth?
First of all this is not a financial advise this is only my way of thinking. Be carefully, take profits and remember you can loose all your money. BEST has potential, and is has a static growth. It is true in BULL market every coin is on the ways up. This is the screenshot from Coingecko today.
It has potential, it could be an option and at the moment BEST is listed on only one exchange. When we compare it to BNB we could me a couple of xes.. But please don`t forget to take profits. :-)
Here are my affiliate links for other interesting projects
- CakeDEFI – Provides the DFI token and offers an easy staking plattform
https://pool.cakedefi.com/#?ref=479398 - PEAK DEFI - Is an interresting project
https://peakdefi.com/?src=0x27bf012cfab34ccd5d818dd4ed237bbbb7745810 - BITPANDA – Here you can buy and trade the BEST Token with a bonus if you use my link
https://www.bitpanda.com/?ref=4016476156782350721&tag=coderei - BINANCE – register and they will give you a 10% discount
https://www.binance.com/en/register?ref=BW3WRFHC - NEXO Finance - Here you get high interrest rates on crypto an FIAT assets.
https://nexo.io/?u=5ff1a9e52dcceb4a803b7e34
