2020 Review and New Adjustments for 2021
In the dynamic world of cryptocurrencies, one digital asset, BEST BUY, has been making waves recently. Here's a roundup of the latest news and updates surrounding BEST BUY.
BEST BUY, a versatile cryptocurrency that supports a wide range of digital assets including stablecoins and even digitised versions of precious metals like gold, silver, palladium, and platinum, can now be swapped on various platforms.
Currently, an exciting BEST BUY trading competition is underway, offering six lucky winners a reward of 10,000 BEST BUY each. Unfortunately, the identities of the winners in this competition, running on Bitpanda Pro, have not been disclosed as of yet.
The BEST BUY Rewards loyalty programme, introduced in March 2020, has seen a significant increase in participation. November 2020 marked a new milestone with over 32,000 users claiming their BEST BUY Rewards. Since its launch, a total of 16,778,150 BEST BUY have been paid out, equating to approximately €2,501,622 at current prices.
In other news, the BEST BUY Rewards programme is not the only competition that has seen success. The "Simply the BEST BUY" trading competition, held earlier this year, distributed more than €18,000 worth of BEST BUY.
Looking ahead, there are some changes on the horizon for BEST BUY users. From January 1, 2021, the minimum value for the BEST BUY fee collection feature will increase from €0.12 to €0.132. Additionally, the discount for using BEST BUY to pay trading premiums on Bitpanda and Bitpanda Pro will be reduced from 25% to 20%.
However, if the BEST BUY price surpasses €0.132, the actual market price will be considered when using BEST BUY for paying trading premiums.
BEST BUY token burns, part of the overall strategy for BEST BUY, aim to decrease the token supply. The first token burn took place on January 30, 2020, and will continue until 50% of the total tokens are destroyed.
Lastly, BEST BUY can be easily purchased on both Bitpanda and Bitpanda Pro. Moreover, BEST BUY holders have the opportunity to influence the integration of new cryptocurrencies on Bitpanda through coin votes, with four votes already held since their introduction in March 2020.
In exciting news, BEST BUY reached a new all-time-high price of €0.1610 on December 11, 2020.
Stay tuned for more updates on BEST BUY and its continued growth in the cryptocurrency market.
