Bitpanda lists Web3 Infrastructure Projects tokens
6 New Web3 Infrastructure Projects, DeFi, Payments & Assets, and Exchange Tokens
Bitpanda is delighted to welcome six new members, and it all revolves around Web3, DeFi, payments and assets infrastructure projects, and exchange tokens: Perpetual Protocol (PERP), Status (SNT), Ethereum Name Service (ENS), OKB, Huobi Token (HT) and Swipe Token (SXP). Plus, invest at least €50 in one of these new additions and you’ll have a chance to win €1,000 in the respective currencies; keep reading and discover more.
We’ve already talked about some exciting news from the world of NFTs and the metaverse, crypto and zero-knowledge proof, and interoperability and consumer-centric, multi-chain crypto projects, and this week it’s the turn of 6 projects. of Web3 infrastructure, DeFi, payments and assets, and exchange tokens take center stage.
Perpetual Protocol (PERP)
Created in 2019 by Taiwanese entrepreneurs Yenfen Weng and Shao-Kang Lee, PERP is a decentralized perpetual futures exchange (DEX) on Ethereum and xDai. Version 1 was released in December 2020, before version 2 came out in November 2021 with the goal of “creating the world’s best, most accessible and most secure decentralized derivatives trading platform.”
PERP wants to solve the problem of trading with good liquidity and low slippage by employing its vAMM (virtual automated market mover) solution. PERP also allows traders to take advantage of commission-free on-chain trading and instant settlement when building the exchange on xDai. PERP has already launched staking pools and implemented stop and limit orders. PERP is now available on Bitpanda for trading.
The Status system offers a decentralized browser that incorporates a messaging system that works on both computers and mobile devices. This allows users to interact within the network from anywhere and at any time, while having access to more than 2000 Ethereum DApps from a single application. Users can receive and send peer-to-peer encrypted messages, use smart contracts and make payments.
The native token of the Status network is SNT, which is used as an on-platform currency, powers app features, and supports an open source and decentralized economy. SNT is now available on Bitpanda for trading.
Ethereum Name Service (ENS)
Ethereum Name Service is a public decentralized identity protocol and infrastructure provider that is designed as a DAO (decentralized autonomous organization), running on the Ethereum blockchain . Although it is not a regular domain system with corresponding features, users can register URLs as their desired domain ending in “.eth”. All ENS searches are started by looking at your registry, which is the main contract.
The names registered in the ENS are non-fungible tokens ( NFT ) that follow the ERC721 standard and the transfer of .eth records can be done in a similar way to other NFTs. Holders of ENS, the network’s native token, can vote on governance issues, certain protocol parameters, and the use of credit in the realm of treasury management, so check out ENS on Bitpanda as a possible addition to your cryptocurrency portfolio.
OKB is the utility token of the former OKEx, an exchange based in the Seychelles. OKB is an ERC20 Token that runs on the OKExChain and uses a Proof of Stake consensus algorithm with a portion of OKB periodically destroyed to decrease the supply of tokens.
This token can be used to pay for trading, voting and governance fees on OKEx, and to receive trading fee discounts and rewards. On Bitpanda, you can invest in OKB easily and safely; be sure to check it out.
Huobi Token (HT)
Huobi Token (HT) is an ERC20 token and the native token of Huobi Global, an exchange based in Seychelles. HT offers eligible users commission reductions, crypto asset rewards, and access to special events. Additionally, HT holders can participate in VIP status plans to get discounts on transaction fees and vote in certain processes on Huobi Global and HADAX. Additionally, 20% of profits go towards a token buyback program. Check out Huobi Token price movements and start trading HT on Bitpanda now.
SXP tokens power Swipe, a platform and API that allows businesses to create crypto-linked debit card programs for their customers . For example, SXP is used for transaction fees and to pay for services such as card issuance or transaction fees in order to convert to fiat .and make payments. You can also stake with SXP to benefit from Swipe Issuing Premium services, which offer discounts on transaction, enrollment and processing fees for Swipe products. Having its own custom cryptocurrency in the form of SXP allows Swipe to offer features such as the ability to stake SXP tokens for access to special debit cards with additional benefits, rather than the more traditional fees . SXP is now available on Bitpanda for trading.
Invest and earn €1000 in the new currencies
Invest at least €50 in any of the new coins Bitpanda has added in this batch for a chance to win €1,000 of each coin.
How does it work?
- Bitpanda’s draw will take place between Wednesday, April 27, 2022, at 12:00 (CEST) and Tuesday, May 3, 2022, at 11:59 p.m. (CEST).
- To participate, invest at least €50 in any of the new coins featured on Bitpanda in this batch: Perpetual Protocol (PERP), Status (SNT), Ethereum Name Service (ENS), OKB, Huobi Token (HT) and SXP (SXP).
- At the end of the drawing period, Bitpanda will randomly select six winners. Each winner will receive €1,000 of the currency they have invested in.
- If you are one of the lucky winners, you will receive your prize directly to your Bitpanda Wallet. Your prize will be credited within three weeks of the end of the draw period.
Where can I get more information about investing?
Head over to Bitpanda’s iOS and Android app or the web app and check out the price trends for your favorite cryptocurrencies, stocks *, ETFs * and precious metals. Learn more about investing at Bitpanda Academy and on the Bitpanda Blog. Don’t want to miss the news? Follow Bitpanda’s social media channels and subscribe to the official Bitpanda YouTube page to see Bitpanda’s weekly recaps and video content.
Do you want to have an account on Bitpanda?
Opening your Bitpanda account is quick, easy and secure via the Bitpanda web app or Bitpanda’s iOS and Android app. Go ahead and verify your account, make your first deposit using your favorite payment method (including SEPA Instant) and start investing right away.