Bitpanda Introduces Bitpanda Fusion, A New Advanced Trading Solution for Crypto Investors
Bitpanda has unveiled its new advanced trading platform, Bitpanda Fusion, tailored for seasoned cryptocurrency traders. The platform is designed to accommodate high-frequency, intra-day trading with a competitive fee structure, providing users with advanced charting tools and valuable market insights.
Adhering to European Union regulations, Bitpanda Fusion delivers a suite of professional-grade tools essential for executing diverse investment strategies.
Bitpanda Introduces Fusion: The Next Level in Crypto Trading
Bitpanda’s latest offering, Bitpanda Fusion, extends the range of benefits found on its existing platform, including no fees for deposits or withdrawals, a variety of staking options, and secure cold storage of digital assets. Users can access Bitpanda Fusion seamlessly through the Bitpanda Web Application.
Eric Demuth, CEO and co-founder of Bitpanda, states: “Fusion represents the evolution of crypto trading. It stands out as the superior tool for experienced traders who manage high volumes. Fusion simplifies the process by eliminating the need to monitor multiple exchanges or manage several accounts – all while securing the promised execution price.”
“This product has everything a trader could wish for in a single account. Bitpanda Fusion is synonymous with simplicity, security, profound liquidity, precision in pricing, as well as the reputable security, regulatory compliance, and trust associated with Bitpanda,” he adds.
Eventus Powers Bitpanda’s Trade Surveillance Capabilities
In its commitment to compliance and surveillance, Bitpanda has joined forces with Eventus, a RegTech firm, to implement the Validus platform to fulfill trade surveillance requirements and adhere to legal standards.
The Austrian-based fintech and cryptocurrency company embarked on a detailed evaluation of trade surveillance solutions and determined that Eventus not only provided a robust system but also boasted a commendable reputation and substantial expertise within the cryptocurrency space. Furthermore, Eventus specializes in both traditional finance and comprehensive regulatory standards.
By incorporating the Validus platform, Bitpanda will enhance its automated capabilities to identify and deter market manipulation, abuse, and insider trading. According to a study commissioned by Eventus concerning the EU’s Markets in Crypto Assets Regulation (MiCA), there’s an uptick in investments toward surveillance systems in anticipation of the EU’s impending regulations. However, only 9% of companies subject to MiCA were fully prepared, while a quarter had not started preparations as of the middle of the year.
Companies looking to adopt new surveillance systems inclined towards outsourcing to third-party software providers, with 64% indicating plans to do so, the study revealed. Bitpanda offers an extensive selection of over 2,800 digital assets, including cryptocurrencies, stocks, ETFs, and commodities, serving more than 5 million users and numerous institutional partners. While the company is licensed in various countries and already established in cities like Amsterdam, Barcelona, Berlin, and Bucharest, its headquarters are in Vienna.
Expansion of Bitpanda Technology Solutions in the MENA Region
Bitpanda Technology Solutions (BTS) has recently been chosen to power CoinMENA, a crypto asset platform licensed by the Central Bank of Bahrain, and CoinMENA FZE, which holds a license from Dubai’s Virtual Asset Regulatory Authority (VARA) in the MENA region.
As a leading infrastructure provider in digital assets, BTS will bolster trading efficiency on CoinMENA’s platform while expanding the range of accessible crypto assets to its client base. With the full implementation of Bitpanda’s digital asset infrastructure, CoinMENA will be capable of offering the broadest spectrum of crypto assets in the market, catering to user demand securely.
BTS serves as a liquidity provider to optimize trading performance on CoinMENA, ensuring the most competitive pricing for users.
Having set foot in the Middle East and North Africa, BTS has inaugurated its Dubai office at the DMCC Crypto Centre, spearheaded by Walid Benothman, to customize its services for the regional market. In line with its adherence to regulatory standards, Bitpanda is advancing towards securing its FSP and is committed to collaborating with local regulators to maintain a fully compliant suite of offerings.
With BTS, regional banks, fintech companies, and cryptocurrency businesses can partner to launch their own trading solutions leveraging Bitpanda’s infrastructure within as little as three months. This is expected to become available once BTS obtains its regional license later in the year. BTS’s partnerships include some of Europe’s largest banks, currently powering trading infrastructure for over 20 million customers continent-wide.
Partners have the flexibility to incorporate a scalable, 24/7 trading infrastructure offering trades, investments, and custody services across all asset classes in a modular fashion, building upon BTS’s ISO 27001-certified infrastructure. This includes savings plans, asset-to-asset swaps, and cryptocurrency staking functionalities. Furthermore, a partnership with Bitpanda provides access to all of its European licenses and regulatory expertise, making it one of the most comprehensive and well-regulated cryptocurrency platforms in Europe.
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