Bitpanda Exchange Launches Bitpanda Savings, a Personal Bitcoin Savings Plan with Auto-Investing
The Bitpanda crypto trading platform has launched Bitpanda Savings, a plan that allows users to save digital assets. Using this feature, investors can accumulate their crypto assets and automatically invest them when the market conditions are favorable. Bitpanda will reward verified users with prizes worth €200 of digital currencies for registering with Bitpanda Savings.
To date, the Bitpanda exchange has approximated 900,000 users. Its main objective is to simplify the concept of crypto trading and make it appealing to prospective investors. The introduction of Bitpanda Savings is yet another development that is in line with the platform’s goal of increasing the accessibility to cryptocurrencies.
By registering for Bitpanda Savings, users will be able to;
- Conveniently purchase Bitcoin and other virtual currencies. The timing of the purchase doesn’t have an impact on the plan.
- Profit from the cost average effect. If the value of an asset decreases, traders can buy it in large volumes. When the value soars, users can still invest in a specified amount of assets. In the long run, the average price of a user's investment will negate the impact that slight price fluctuations have on their savings.
- Easily set up several savings plans
- Access flexible savings plans
- Buy goods using a credit card
As mentioned earlier, Bitpanda is offering crypto rewards to verified users who sign up for Bitpanda Savings. Notably, the prizes are in cryptocurrencies and have a value ranging from €5 to €200. The cryptocurrency is randomly selected among the assets listed on the Bitpanda crypto exchange.
Bitpanda App For Android
Bitpanda introduced its Android app in late 2018. The app enables users to access all exchange features using their smartphones. Moreover, it charges zero fees for sending cryptocurrencies and offers a secure offline wallet for storing digital assets. Recently, Bitpanda announced that the app will start supporting Bitpanda Swap.