A new funding pool has been launched to secure a listing for the Kaspa, $KAS, on the CeFi platform, Bitpanda.
In an exciting development for the cryptocurrency community, a new funding pool has been initiated to secure a listing for the Kaspa, $KAS, on the renowned Centralized Finance (CeFi) platform, Bitpanda.
Bitpanda, a multi-asset brokerage and exchange platform based in Austria, is a European-regulated crypto and securities broker. It offers users a secure and reliable environment with its funds secured in offline wallets while complying fully with European data, IT, and money laundering security standards.
Boasting over 4 million satisfied users, Bitpanda offers its users an array of investment options, including cryptocurrencies, stocks, ETFs, commodities, crypto indices, and precious metals. Bitpanda also enables investment in fractional stocks, thus allowing users to invest in their favorite companies and ETFs without committing to a whole share.
Getting started on Bitpanda is simple and can be accomplished within minutes. It involves a straightforward four-step procedure of registration, identity verification, depositing funds securely, and then trading digital assets around the clock. The platform offers unique services such as a savings plan and a debit card, enabling users to spend their cryptocurrency, precious metals, and stocks with just a tap.
The platform is recognized for its best-in-class security, with an ISO27001 certification to back it up. At the same time, the renowned auditor KPMG has signed off that Bitpanda’s funds exceed all customer holdings.
Kaspa’s integration with Bitpanda’s Spotlight Program is expected to attract new users to Bitpanda while offering the platform’s existing subscribers an introduction to Kaspa. To facilitate this, a co-marketing fundraising goal has been set at the equivalent of $5000 USD in KAS, which will be used by Bitpanda to airdrop to their subscribers.
Bitpanda’s Spotlight Program serves as an avenue for fast-moving, high-demand crypto coins, and projects, offering a unique opportunity for Kaspa to increase its visibility and user base.
With the campaign set to run for a 72-hour window, Kaspa’s potential listing on Bitpanda presents a promising move towards greater decentralization and accessibility in cryptocurrency. This aligns with Bitpanda’s mission to provide more than just an investment platform but also a hub for boosting financial literacy skills, with the Bitpanda Academy offering insights into investing, Bitcoin, and cryptocurrency.
Community members are encouraged to support this initiative through their contributions. In doing so, they will be actively participating in a pivotal moment of Kaspa’s growth and aiding in democratizing access to digital assets. The road to Kaspa’s European stronghold is paved with such collective efforts, where every step taken is a stride towards adoption.
Link to the $5k KAS Pool:
Tip: Centralized Finance (CeFi) and Centralized Exchanges (CEXs) both operate on the principle of intermediation, where trusted third parties manage and facilitate transactions; however, while CEXs primarily focus on providing a platform for buying, selling, and trading cryptocurrencies, CeFi encompasses a broader range of financial services like lending, borrowing, and earning interest, similar to traditional financial institutions.
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