8 new trading pairs listed on Bitpanda Pro with a special eye on GameFi

If you were waiting for a reason to freshen up your trading strategy, this is it: Starting now, you can deposit the following coins on Bitpanda Pro to trade our newly listed trading pairs:

• The Sandbox (SAND) to trade SAND/EUR
• Curve DAO Token (CRV) to trade CRV/EUR
• Aragon (ANT) to trade ANT/EUR
• Zcash (ZEC) to trade ZEC/EUR
• Axie Infinity Shard (AXS) to trade AXS/EUR
• The Graph (GRT) to trade GRT/EUR
• Gala (GALA) to trade GALA/EUR
• Neo (NEO) to trade NEO/EUR

Want to learn more about each project? Then read on for a short intro to each of them below!

GameFi

AXS - Axie Infinity Shard

Based on popular games like Pokémon and Tamagotchi, Axie Infinity Shard is a play-to-earn (P2E) game world in which you can battle, collect and build a kingdom for your digital pets – and these pets are actually NFTs! Axie Infinity is based on the Ronin chain, an Ethereum sidechain, and is one of the most popular P2E games, recording over 2.5m players in November 2021. The AXS token is used for in-game governance and in-game utilities, such as breeding the digital pets, called Axies.

SAND - The Sandbox

The Sandbox is on a mission to bring blockchain to mainstream gaming. Launched in 2011, the Sandbox is another P2E virtual world where players can buy, build, create and explore digital assets. The Sandbox’s gameplay has been likened to that of Minecraft or Roblox. The SAND token is used to purchase land and, if staked, to take part in governance votes.

GALA - Gala

Gala Games have multiple games within the Gala ecosystem, all following a few simple principles: they need to be fun, owned by the players, powered by the people and they need to follow the community rules. GALA is the token used to purchase in-game assets and as a medium of exchange between players. Since there are multiple games within the ecosystem, the GALA token has multiple applications.

Smart contracts

NEO - Neo

When it first launched in 2014, Neo billed itself as “China’s first-ever public blockchain”. Since then, some have referred to it as the Chinese version of Ethereum because it allows the deployment of smart contract applications. This feeds into NEO’s goal of enabling a “smart economy” by using a distributed network for digital assets, digital identity and smart contracts. The project is in continuous development, priding itself in its future proof approach.

Tooling

ANT- Aragon 

Aragon is a relatively old project, having launched on the Ethereum mainnet back in 2018 (check out our Academy to find out the difference between a mainnent and testnet!). It recently became relevant again thanks to the rise of interest in DAOs. Aragon is an open-source software to create and maintain DAOs operating on the Ethereum network. The ANT token is mainly used for governance votes in DAOs, making it vital to the ecosystem. 

GRT - The Graph 

The Graph is an indexing protocol used for querying data on networks such as Ethereum. This is incredibly important to track on-chain data, information which is vital in any situation. The Graph allows developers to publish open APIs called subgraphs. It has been used widely by dApps such as Uniswap, AAVE and Balancer.

DeFi

ZEC - Zcash

Zcash (ZEC) is a decentralised cryptocurrency focused on privacy and anonymity. Zcash uses a very particular zero-knowledge proof called zk-SNARK, which allows nodes to verify transactions without revealing too much sensitive information on the transaction. Zcash hides the sending and receiving address wallets and the amount sent, which can be revealed for audit, but otherwise are not published on an open network tracker such as Etherum. 

CRV - Curve DAO Token 

Launched in 2020, CRV is the governance token of the Curve DAO. Curve is a decentralised exchange platform for stablecoin trading based on an automated market maker (AMM) protocol, designed to swap, pool and earn yield on digital assets, mainly ERC-20 tokens.

Where can I learn more?

Want to learn more about stablecoins, DeFi and investing? Check out the Bitpanda Academy and explore more on the Bitpanda Blog. For the latest news and developments in the world of crypto and finance, follow our social media channels and subscribe to the official Bitpanda YouTube channel for our weekly recaps and video content. 

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Disclaimer

This article does not constitute investment advice, nor is it an offer or invitation to purchase any digital assets.

This article is for general purposes of information only and no representation or warranty, either expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of this article or opinions contained herein.

Investing carries risks. Make sure to conduct your own research before making any investment.