Bitpanda Ecosystem BEST

1. Summary

Ranks

Liquidity

-

Developer

-

Social

78

Momentum (beta)

0

Stack Rank™

-

Price

$0.44 -2.5%

Market Cap

$0.00 (#12188)

Supply

0.00 / 698.26M

Tags

Cryptocurrency Centralized Exchange Token (CEX) Exchange-based Tokens Centralized Exchange (CEX) Ethereum Ecosystem Centralized Exchange (CEX) Token

More Metrics

Price
52W High price	$0.93
52W High date	30th Nov 2024 (6 months ago)
All Time High (ATH) Date	18th Jan 2024 (1 year ago)
ATH Price	$12.23
% From ATH	-92.89%
All Time Low (ATL) Date	15th Nov 2020 (4 years ago)
ATL Price	$0.04
% From ATL	2301.1%

Supply & Trading Volume
Trading Volume (24h)	$50.00
Total Supply	698.26M
Max Supply	1.00B

Less Metrics

Description

Bitpanda's ecosystem token (BEST) is an Ethereum-based token designed to empower the Bitpanda community and reward active users. It is the central utility token for the Bitpanda ecosystem and incentivises users to hold and earn tokens by providing exclusive perks and weekly rewards. These include loyalty rewards, enhanced staking rewards, giveaways...

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Bitpanda's ecosystem token (BEST) is an Ethereum-based token designed to empower the Bitpanda community and reward active users. It is the central utility token for the Bitpanda ecosystem and incentivises users to hold and earn tokens by providing exclusive perks and weekly rewards. These include loyalty rewards, enhanced staking rewards, giveaways, and premium customer support.

How BEST Works

• Trading primarily occurs on Bitpanda, with the token serving as a utility token to enhance user experiences.
• BEST can be purchased using fiat currency or other supported cryptocurrencies.
• Users receive benefits such as weekly rewards, instant trade bonuses, and higher staking rewards as a part of Bitpanda's loyalty programme.
• VIP levels (1-5) unlock additional perks, including increased cashback rates and product yields, depending on the amount of BEST held and trading volume.

Token Supply and Burning

• The total supply of BEST is capped, and circulating supply is reduced through a regular burn mechanism.
• This reduction in supply aims to increase token scarcity and potential value for BEST holders.

Additional Details

• BEST can be traded on Bitpanda and other crypto exchanges.
• The token's role in the Bitpanda ecosystem makes it distinct from other exchange tokens. -/bitpanda ecosystem token----best---- In contrast to major cryptocurrencies like BTC or ETH, BEST is primarily for use within the Bitpanda platform, although it can still be considered for long-term investment alongside other cryptocurrencies.

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