bitpanda the next robinhood?
bitpanda the next robinhood?

Bitpanda the next Robinhood?

Bitpanda the Austrian Unicorn is conquering sherwood forest

The total number of unicorns around the world is exploding! With the transformation into a neobroker, Bitpanda is setting new standards in europe. The spectacular growth in the number of users and sales makes this unicorn to one of the world most wanted investments for venture capital companies, creating a rise in the amount of capital that is available for Bitpanda. The increasingly popular ‘get big fast’ strategy has also contributed. The last decade saw a push to invest heavily in companies while they are young, so that they get big fast and out muscle potential competitors.

What is a unicorn company or startup?

A unicorn company or startup is a new business that is valued at more than $1 billion and is privately owned (they aren’t listed on stock exchanges).
Some well-known examples include Airbnb, Uber, Spotify, WeWork, Robinhood and Stripe in the US, or Transferwise in the UK.

The term was coined by Aileen Lee, a venture capitalist, in an article written in 2013. She used it to describe the relative rarity of such companies, estimating that just 0.07% of software startups from the 2000s would reach valuations above $1 billion.

What is Bitpanda?

Bitpanda is a fintech based in Vienna, Austria and was founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer. web browser + android and iOS app web browser + android and iOS app

Read more about Bitpanda and there features in the article below.

Bitpanda the next Robinhood?

The Austrian fintech is getting closer to their big goal of being a “Global Player”

Bitpanda is making its next step and is moving into new markets they have partnered up with Speed Invest a Venture Capital Company that knows how to scale. With France and Turkey they conquered two of the biggest markets in Europe. On the French press conference Eric Demuth announced that they were adding Stocks this year to the platform.

low fees and easy to use

a opportunity for an average person to invest on an easy way without paying tremendous management fees.

When Robinhood launched five years ago with $3 million of venture capital, few people thought the startup would fundamentally change the financial services industry as we know it. But fast-forward to today and the stock-trading app, which has no account minimums or trading fees, has put three brokers worth a combined $80 billion on the defensive.

Perhaps industry leaders should have seen it coming when the service debuted to ravenous applause, more than 100,000 people signed up for the app in under a month. The users kept coming in droves, and by 2018 the platform had surpassed E-Trade, reaching 4 million brokerage accounts.

Bitpanda could beat this record with their new features.

What makes Bitpanda special?

Bitpanda is a highspeed motor in the blockchain industrie.

With a lot of Projects in the pipeline, Staking, Lending, Creditcard, Pantos and their new Launchpad will be implemented in the coming months and years. Bitpandas Launchpad is a new pillar for their Eco System Token (BEST). The Launchpad will manly focus on IEO’s(initial exchange offers) one of the goals is to make it for people easy to invest in big real estate projects, as Eric Demuth CEO of Bitpanda said at the Anon Summit 2020:

We don’t want to tokenize small houses we want to go big!
Skyscrapers, shopping malls, projects were a average person would never had the opportunity to invest into.

as I wrote in my Article finally meanigful tokenization:Tokenized Properties
“It is conceivable, for example, to link a virtual currency with an apartment building, a portfolio with property rights or to tokenize houses, blockchain makes it possible to tokenize a Skyscraper, break it down and sell it in many individual parts.”

This year bitpanda launched their Bitpanda Eco System Token (BEST), this token is essential for their launchpad. BEST offers you a wide range of rewards, perks and benefits, applicable to the whole growing Bitpanda ecosystem. Your BEST holdings increase by up to 12% each year, all you have to do is have BEST in your Bitpanda wallet and do at least one monthly trade. The higher your BEST VIP level and the more you trade, the more you can claim every month.
Read more about Bitpandas Ecosystem Token (BEST) in the Article below (part 3 of the Article)

or on bitpandas website:

If we take a similar product that was successful for comparison:

Binance Eco System Token BNB

BNB was launched through an initial coin offering in 2017, 11 days before the Binance cryptocurrency exchange went online. BNB can be used as a payment method, a utility token to pay for fees on the Binance exchange and for participation in token sales on the Binance launchpad like the BEST token on the Bitpanda launchpad.

Binance coin BNB coinmarketcap
BNB Binance coin chart

If you were one of the Initial investors you would be very happy about your investment. 1 BNB was 0,1€ worth at the time of the ICO and now in 2020 the price is 15 euro, imagine you would have invested 10.000 € you would have now 1.5 Million euro.

But remember

Charts are always a picture of the past and can‘t predict the future

How can I participate on Bitpandas potential?

Because Bitpanda is not listed on any stock exchange the only way you can participate is by investing in their Ecosystem Token, if Bitpanda is successful the price of BEST will skyrocket.

I think Bitpanda has the potential to get one of the leading neobrokers in europe, with BEST, Stocks, Cryptos and precious metals and a mobile app for Android and iOS the doors are open, if they play their cards right.

If you are living in europe and want 5€ in BEST for free you can follow this guide:

If you liked this article leave me a comment, here are some other articles you may enjoy:



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