Review on Bitpanda Ecosystem Token by ismail karasahin
Bitpanda Exchange Token
Bitpanda Pro is its own exchange currency supported by the exchange. The stock exchange is based in Germany and is constantly evolving, whether through campaigns or partnerships and agreements, and BEST Token is also supported by participating in campaigns. Although this coin is slow, it has been steadily increasing for 7-8 months.
The problem I can tell for Best Token is that very few exchanges are traded for now, moreover, the trading volume is low on other exchanges other than its own crypto currency exchange. On its own cryptocurrency exchange bitpanda pro, there is a very high transaction fee (1.11$ transaction fee for a transaction worth $ 111- [%1 Fee])
This is because the exchange is forcing users to pay trading fees with BEST Token, but this prevents Best Token investors from trading frequently.
However, I should mention that it is a bright future altcoin for those who will make long term investments.
Pros
- The token is constantly supported positively by the exchange side.
- Since it is used in transaction fees on the Bitpanda exchange, it is constantly acquired by people.
- 50% of the total BEST token supply will be burned
- 12% annual interest for the best token holders in their portfolio
Cons
- The amount of exchanges traded is low
- High transaction fee on its own exchange
