News • 3 min read
More and more assets are making their way to Bitpanda. After ANT, AVAX, BTT, DGB and OCEAN we just added Algorand (ALGO). Celebrate with us and win in our ALGO trading competition.
Update (the 8th of March, 2021): Thank you for participating and congratulations to the lucky winners. All prizes have been paid out.
It is not just crypto and the markets which are picking up speed, Bitpanda is adding new assets for you to trade almost as quickly as the markets are growing. We want to make sure that we add the assets our community wants to trade. After adding our first DeFi tokens and another six right after, ANT, BTT, DGB and OCEAN were the next assets to join. Now another DeFi coin, Algorand (ALGO), is the newest addition to our asset family.
Algorand (ALGO) is a decentralised, secure and scalable open-source blockchain project aiming to solve the “trilemma” of high security, high speed and low cost to achieve “frictionless finance”.
The Algorand network is based on a Pure Proof of Stake (Pure PoS) consensus mechanism with new blocks created during two phases and where user participation is proportional to user stake.
Algorand finalises blocks within seconds, thereby also reducing computational costs for participating in the blockchain to a minimum, thus greatly reducing transaction costs. As the first blockchain to provide immediate transaction finality without forks, the Algorand project is working towards a decentralised, borderless economy.
Algorand’s native coin, ALGO, can be used to pay for transaction fees and DApp computations, as well as for staking and earning in the Algorand network. Find out more about Algorand (ALGO) on their official website.
And now get ready for our ALGO trading competition.
To celebrate the listing of ALGO on Bitpanda, we are celebrating with a huge ALGO trading competition! Our trading competition starts at 12:00 PM CET on the 25th of February, 2021 and ends at 11:59 AM CET on the 4th of March, 2021. Ready to win? Here are the prizes:
The trader ranked in first place with the highest total amount of ALGO purchased will receive €2,000 in ALGO!
The traders ranked between 2nd to 5th place with the highest total amount of ALGO purchased will each receive €1,250 in ALGO!
The traders ranked between 6th to 10th with the highest total amount of ALGO purchased will each receive €800 in ALGO!
The traders ranked 11th to 20th with the highest total amount of ALGO purchased will each receive €400 in ALGO!
As a bonus prize, 100 traders (outside of the 20 winners from the prizes listed above) who are not residents of the Republic of Turkey, who are BEST VIP level 1 and above and who trade any amount of ALGO will be randomly selected to receive €150 worth of Bitcoin (BTC) each!
Please note that the exclusion of the residents of the Republic of Turkey from being selected as VIP-Winners is based solely on the legal requirements of the Republic of Turkey.
Good luck everyone - trade ALGO now!
You can read the terms and conditions here and we will credit the winners within one week to their Bitpanda ALGO wallet.
Why your money is safe with BitpandaRead more
Bitpanda Tech • 2 min read
Bitpanda GmbH ve grup şirketleri (Bitpanda) Türk Parasının Kıymetini’nin Korunması Hakkında 32 sayılı Karar’ın 2/b maddesine göre Türkiye’de yerleşik sayılan hiçbir kişiye yönelik olarak 6362 sayılı Sermaye Piyasası Kanunu başta olmak üzere Türkiye Cumhuriyeti Devleti mevzuatı hükümleri gereği Türkiye’de faaliyet izni gerektiren hiçbir sermaye piyasası faaliyetine dair hizmet sunmamaktadır. Şayet Bitpanda’nın yabancı sermaye piyasalarında vermiş olduğu hizmetlerden Türkiye’de yerleşik kişilerin faydalandığı tespit edilecek olursa tüm zararları kullanıcıya ait olmak üzere bu hizmetler ivedilikle sona erdirilecektir.
As the name would suggest, some cookies on our website are essential. They are necessary to remember your settings when using Bitpanda, (such as privacy or language settings), to protect the platform from attacks, or simply to stay logged in after you originally log in. You have the option to refuse, block or delete them, but this will significantly affect your experience using the website and not all our services will be available to you.
We use such cookies and similar technologies to collect information as users browse our website to help us better understand how it is used and then improve our services accordingly. It also helps us measure the overall performance of our website. We receive the date that this generates on an aggregated and anonymous basis. Blocking these cookies and tools does not affect the way our services work, but it does make it much harder for us to improve your experience.
These cookies are used to provide you with adverts relevant to Bitpanda. The tools for this are usually provided by third parties. With the help of these cookies and such third parties, we can ensure for example, that you don’t see the same ad more than once and that the advertisements are tailored to your interests. We can also use these technologies to measure the success of our marketing campaigns. Blocking these cookies and similar technologies does not generally affect the way our services work. Please note, however, that while you’ll still see advertisements about Bitpanda on websites, the adverts will no longer be personalised for you.