News • 3 min read
Bitpanda just added another token for you. Avalanche (AVAX) has joined the ranks of our assets and you can now trade and win in our AVAX trading competition. Trade now to win - great prizes with a total value of €5,000 await the best traders.
After presenting the latest additions to our asset family on Bitpanda - ANT, BTT, DGB and OCEAN - we have added the next token for you to trade! Bring on Avalanche (AVAX) and the next trading competition for our best traders is about to start!
Avalanche was founded by Cornell University computer scientists Emin Gün Sirer, Kevin Sekniqi and Ted Yin. Avalanche is built on Avalanche Consensus, a novel approach to consensus introduced in 2018. Development is being led by Ava Labs, with a community of open source developers supporting and expanding its utility. Avalanche finalises transactions instantly, with fees that are just a fraction of those on Ethereum, keeping decentralised finance (DeFi) accessible to users of all sizes and unlocking use cases that are not possible with slower platforms. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.
AVAX is the native token of the Avalanche project and is used for paying for fees, securing the network through staking and providing a basic account unit between the multiple subnetworks on the Avalanche platform.
Avalanche is backed by leading investors, including Andreessen Horowitz, Initialized Capital, Galaxy Digital, Polychain Capital, Bitmain, Naval Ravikant, and Balaji Srinivasan and raised $42M in just 4.5 hrs in a public sale.
Find out more about Avalanche (AVAX) on their official website.
Bitpanda is celebrating the listing of AVAX on Bitpanda, so make sure you don’t miss our trading competition to win great prizes! The AVAX trading competition starts at 12:00 PM CET on the 10th of February, 2021 and ends at 11:59 AM CET on the 17th of February, 2021. Ready to win? Here are the prizes:
The trader ranked in first place with the highest total amount of AVAX purchased will receive €1,000 in AVAX!
The traders ranked between 2nd to 5th place with the highest total amount of AVAX purchased will each receive €500 in AVAX!
The traders ranked between 6th to 10th with the highest total amount of AVAX purchased will each receive €400 in AVAX!
As a bonus prize, 25 randomly selected traders (outside of the 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 AVAX will be randomly selected to receive €200 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 AVAX now!
You can read the terms and conditions here and we will credit the winners within one week to their Bitpanda AVAX wallets.
Bitpanda’s Response to the War in UkraineRead more
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.