BitPanda Global Exchange Adds XRP/EUR Base Pair, What Does this Mean For XRP Price?

Ripple’s XRP token has landed another milestone regarding adoption and use cases. The coin continues to gain more usage despite unstable prices in the first half of this year. Now, one popular crypto exchange has listed the coin alongside the EUR on its platform. Reports have it that it was BitPanda Global Exchange that decided to give XRP a try.

XRP (XRP) Price Today – XRP / USD

Name Price24H (%)
XRP (XRP)
$0.338141
6.09%

BitPanda Launched its BitPanda Global Exchange (GE)

BitPanda is a well-known Viennese based exchange. The platform recently launched its BitPanda GE (Global Exchange). The purpose of this new initiative is to provide a market place for both institutional and seasoned traders. Now, BitPanda GE has confirmed the listing of the XRP/EUR base trading pair on its latest platform. XRP is joining a host of other digital assets on BitPanda GE including, BTC, ETH, and MIOTA. All of the virtual assets are all paired with the EUR and USDT on the exchange.

The exchange took to its Twitter handle to tweet:

We can confirm that the XRP/EUR base pair will be available following the launch of Bitpanda Global Exchange as from August 7.”

About BitPanda Exchange and BitPanda GE

The BitPanda exchange was initially launched in the year 2014. It has since grown over the years to offer crypto services to no less than one million users each month. BitPanda Global Exchange is now available worldwide for crypto trading. As of July 9, all verified BitPanda users in a majority of European countries can deposit Swiss Francs, Euros, and British Pounds via the exchange.

The Viennese based crypto exchange offers trading pairs for BTC/EUR, BTC/USDT, MIOTA/EUR, ETH/BTC, ETH/EUR, XRP/EUR, XRP/BTC, MIOTA/BTC, BEST/EUR, PAN/BTC, BEST/BTC, and BEST/USDT. Additionally, the exchange’s native token, known as the BEST coin, is set to be verge launched in the platform’s forthcoming IEO. Which will be a first in the exchange’s history. It is scheduled to happen in 5 hours, as of when this content was published.

BitPanda CEO: BEST Will be Essential to BitPanda’s Global Expansion

Speaking on the exchange’s native token, BEST, Eric Demuth, BitPanda’s CEO said, BEST will be crucial to BitPanda’s expansion. In his words:

BEST is set to play an important role in our global expansion program. It will be the foundation of making our goal of democratizing investing and personal finance become a reality. BEST is set to launch and is fueled by the Bitpanda ecosystem. Meaning, the Bitpanda platform, Bitpanda Global Exchange and our future product like Bitpanda Launchpad will heavily use the BEST token.

Following reports of BitPanda’s latest activities, one Twitter user couldn’t hide how excited they were about the report. Twitter user @BoxerDarren, tweeted the below regarding BitPanda:

BitPanda was actually my first choice to purchase the XRP token from GBP. It was the easiest way in the UK and the rest of Europe to exchange from FIAT at that time.”

Another Twitter user who is also a proponent of the exchange, @DecFromBitpanda, made the below comments:

With over 1 million users and a vastly growing ecosystem, the payment provider license, and precious metals trading to mention a few with more coming. I’d be surprised if you’ve never heard of @bitpanda

Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.