Strongest Burn to Date: More than €12 million worth of BEST tokens were incinerated in our latest burn, marking a significant milestone.
Bitpanda Announces Exciting Developments for BEST Token
In a series of recent announcements, Bitpanda, the leading European digital asset platform, has shared exciting updates regarding its native token, BEST.
BEST Burns and VIP Vote
More than a quarter of the total BEST supply has been burned since October 29, 2020, to pay for trading premiums and fees. This move is part of Bitpanda's overall strategy to reduce the circulating supply of BEST. On the 24th of November, 2020, the fourth BEST Coin Vote was announced for BEST VIP holders to decide on coins and tokens to be listed on Bitpanda.
The details of the fifth BEST burn, including the total supply and the burn transaction, can be found on the provided link. The next BEST burn is scheduled for April.
BEST Rewards and Bitpanda Card
The number of users claiming their BEST Rewards has increased by more than 33% since December. This loyalty programme allows users to increase their BEST holdings by up to 12.68% a year.
Additionally, the Bitpanda Card can now be pre-ordered, and BEST VIPs can enjoy exclusive benefits such as up to 2.00% cashback in Bitcoin (BTC), unlimited free ATM withdrawals, and FX fee reductions.
Bitpanda's Vision and Upcoming Projects
Paul Klanschek, CEO and co-founder of Bitpanda, expressed his excitement about the latest developments of the BEST price and upcoming features. He also expressed his happiness with the great team and users who stand by Bitpanda's vision.
Bitpanda has completed its first BEST burn of the year and the fifth burn overall. The company has many exciting projects planned for 2021, and regular token burns will continue to play an important role. You can learn more about Bitpanda's vision by reading the Bitpanda vision paper.
Stay Updated
Users are encouraged to follow Bitpanda's Blog and social media channels to stay up-to-date on the latest developments. The company that planned the next BEST-Burn in April 2021 has not been identified in the provided search results.
In conclusion, Bitpanda continues to make strides in the digital asset industry, with BEST playing a significant role in its overall strategy. The increased use of BEST each month, the growing number of users claiming BEST Rewards, and the upcoming Bitpanda Card are all indicative of a thriving ecosystem.
