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Tag: BitPanda

Crypto

May 26, 2023

U.S. Crypto Exchange Coinbase Signed Cooperation Agreement With Austrian Bitpanda.

The U.S. crypto exchange Coinbase is under pressure in its home market USA. Not only the crypto crash in 2022 but, above all, the legal dispute with the influential U.S. Securities and Exchange Commission (SEC) is putting pressure on the company. Now, the European market, which will be regulated by MiCA in 2024, is increasingly on Coinbase radar. It plans to cooperate with the Austrian crypto player Bitpanda in the European market.

May 17, 2023

Former Bitpanda CFO Peter Grausgruber Joins Dutch RegTech Fourthline!

The former CFO of Vienna-based crypto exchange Bitpanda, Peter Grausgruber, is moving to Dutch regtech Fourthline, a company co-founded by the disgraced Payvision founder Rudolf Booker. Fourthline has announced the appointment of Peter Grausgruber as CFO of the provider of KYC and AML solutions. Grausgruber joined Bitpanda in 2019 and has guided the company through several financing rounds.

Crypto

April 20, 2023

Austrian Bitpanda Launches Crypto CFDs For Leveraged Trading!

Contracts for Difference or CFDs enable speculative trading with borrowed capital. The Austrian crypto exchange BitPanda offers CFDs for trading cryptocurrencies such as Bitcoin, Ethereum, or Solana, which are available on the company's investment platform under the name "Bitpanda Leverage." These products make it possible to bet on rising or falling prices, also known as going "long" or "short."

Crypto Schemes

November 25, 2022

Crypto Contagion: Binance Releases Proof Of Reserves!

The crypto industry is currently under general suspicion of not correctly managing and misappropriating the funds (FIAT and Crypto) deposited by customers. As a result, many exchanges, brokers, and lenders do not have enough funds to pay out their customers. Most recently, Bitpanda, regulated in Austria and Germany, had its reserves audited by KPMG. Now the world's largest crypto platform Binance is also disclosing a Proof of Reserves (PoR).

BaFin
Crypto

November 23, 2022

Austrian Crypto Exchange BitPanda Receives BaFin License; KPMG Confirms Assets & Reserves!

Amid the crypto winter and liquidity crisis, the Austrian crypto exchange and custody platform Bitpanda announced that it had received a crypto trading license from Germany’s BaFin. According to Bitpanda, it is the "first European retail investment platform to meet BAFIN’s strict regulatory requirements." The crypto exchange allegedly benefited from the FTX crisis because many customers would have transferred their cryptos to the regulated Bitpanda.

September 8, 2022

The Disastrous Trustpilot Ratings Of Crypto Exchanges And The Exceptions CEX, Oobit, And BitPanda!

The well-known crypto exchanges like Coinbase, Binance, Crypto.com, or FTX seem to have a problem with their customers. On Trustpilot, most of the top crypto exchanges have scam ratings with customers complaining about unfounded blocked accounts and problems with customer service. Exceptions are CEX.io, Oobit, or BitPanda, which stand out like a lighthouse on Trustpilot. With 4.7-stars and 4.1-stars respectively, CEX.io and BitPanda apparently perform incredibly better than their international competitors.

August 16, 2022

Cyprus Becomes The New Home Of Revolut’s Crypto Hub!

The Cyprus Securities and Exchange Commission (CySEC) has authorized Revolut to launch its cryptocurrency service. The authorization will allow the neo bank to offer crypto services to its 17 million customers in the European Economic Area. Revolut is betting strongly on crypto and has been doubling down on its crypto strategy with the launch of 22 new tokens available to trade in its app. Revolut is valued at $33 billion and has approximately 20 million clients worldwide.

October 8, 2020

Investor warning against Billion Forex broker scam as part of FCA-regulated Billion Key

The logo of the broker scam Billion Forex resembles the one of Red Bull and this could be intentional. Currently, there are no warnings against the scam by a financial market regulator but FinTelegram already has whistleblower information and complaints. The scam is operated by BillionTraders Services OÜ, Estonia, and Billion Traders Ltd, St. Vincent and the Grenadines. They claim to be part of FCA-regulated Billion Key Ltd. TEXCENT is the facilitating payment processor.

May 3, 2020

Request 4 Information – Vanished Forex and Crypto Scams CCXcrypto, ProCapitalMarkets, and MyCoinBanking

The crypto broker scam CCXcrypto has already disappeared from the web for several weeks. The website is offline and can only be found in the..