News • 4 min read
We’re happy to announce that we have added 3 more cryptocurrencies to Bitpanda. The new joiners are tokens for payments & assets: Ravencoin (RVN), Reserve Rights (RSR) and COTI (COTI). Plus, the good news doesn’t end there: Invest at least €50 in one of the cryptocurrencies we just welcomed and you’ll have the chance to be one of the 3 lucky winners to get €1,000 worth of BEST. Keep reading to find out more.
When we said we wanted to give our community the broadest selection of digital assets in Europe, we really meant it. We’ve been researching and evaluating a myriad of projects in the world of cryptocurrencies and we hand-picked legitimate, secure, trustworthy and innovative assets for you.
After recently listing 6 decentralised cloud & Web3 crypto projects, this #CryptoWednesday we are introducing another 3 new crypto-assets. Let’s dive into the new payments & assets cryptocurrencies just listed on Bitpanda.
The Ravencoin digital peer-to-peer network was launched as a fork of the Bitcoin code and focuses on asset transfers between parties and proper determination of asset ownership. It differs from Bitcoin in four key areas: lower block times, a modified schedule of issuance, a higher coin supply cap and use of the KAWPOW (formerly X16R) mining algorithm to mitigate the centralisation of mining. RVN is the internal currency of the Ravencoin network and needs to be burned if token assets are to be issued for assets such as real estate, securities, airline miles and more. Check out RVN on Bitpanda and learn more about the network’s mission on the official page.
The mission behind Reserve Rights is to provide people worldwide with access to a stable currency for combatting adverse economic phenomena such as high inflation and ongoing currency devaluation. The dual-token stablecoin platform setup utilises two tokens, the Reserve stablecoin (RSV) backed by an asset basket managed by smart contracts and the Reserve Rights token (RSR) for keeping RSV stable at a $1.00 target price, which is backed by a basket of cryptocurrencies managed by smart contracts.
RSR is mainly employed in arbitrage opportunities in case of RSV volatility, it can also be utilised to vote on network governance proposals and you can now add RSR to your portfolio on Bitpanda. Find out more about Reserve Rights on the project’s official website.
The blockchain protocol behind COTI is aiming to optimise decentralised payments. Its platform allows companies, payment DApps, governments, merchants and issuers and stablecoin founders to create advanced digital products and payment solutions of their own. This also includes the digitalisation of any currency to enable global inclusion in finance.
Online and offline payments including crypto, stablecoins, credit cards and native coins can be processed by COTI pay. COTI is based on a DAG structure and uses a Proof of Trust (Trustchain) consensus algorithm. COTI coins can be used for payments, application fees, network fees and token staking. We’ve just listed COTI on Bitpanda for you to trade and you can learn more about the blockchain protocol on the official page coti.io to see how COTI would fit in your investment strategy.
Yes, we’ll list new crypto every week! Every week is #CryptoWednesday at Bitpanda, which means we’ll keep listing and announcing new crypto assets on Wednesdays going forward. Stay tuned on our blog and social media channels - that’s where you’ll find Bitpanda coins announcements and all the details.
We have even more in store for you: Invest at least €50 in our newest additions and you’ll have the chance to win €1,000 in BEST.
Our raffle will run between Wednesday, March 23, 2022, 12:00 (CET) and Tuesday, March 29, 2022, 23:59 (CET).
At the end of the raffle period, we’ll randomly select 3 winners - one winner per coin. Each winner will receive €1,000 worth of BEST.
If you’re one of the winners, you’ll receive your prize on your Bitpanda wallet directly and will be credited within 3 weeks after the raffle has ended.
Read the terms and conditions of our campaign here.
On our app for iOS and Android or on our web app you can keep track of the price developments of your favourite cryptocurrencies, stocks*, ETFs* and precious metals. Learn more about investing on our blog, our Academy and our official YouTube channel.
Opening your free Bitpanda account is fast, secure and simple: you can register via Bitpanda’s webapp or via smartphone on our app for iOS and Android. Get your account verified with one of our trusted verification providers, deposit your funds with your preferred payment method - SEPA instant included - and start investing from just €1.
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. *Bitpanda Stocks are contracts replicating an underlying stock or ETF. More information and the PRIIPs key information document (KID) are available at bitpanda.com.
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.