8 crypto projects on Bitpanda

The new entrants are consumer-focused cryptocurrency, multi-chain and interoperability projects: Quant (QNT), Celer Network (CELR), Request (REQ), Kava (KAVA), Helium (HNT), Livepeer (LPT), Fetch. ai (FET) and Powerledger (POWR).

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.

Although spring brings you beautiful fields of flowers and sunny afternoons, Bitpanda aims to bring you Europe’s widest selection of digital assets.

In recent weeks Bitpanda has welcomed many new crypto assets: from decentralized Web3 and cloud projects, payment tokens, and assets to NFTs and Metaverse game-changer assets, as well as knowledge and crypto technology coins.

This week, get ready to step up your investment strategy with 8 new consumer-focused cryptocurrency, multi-chain, and interoperability projects.

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New interoperability currencies and multi-chain system

Quant (QNT)

Quant has set out to connect networks and blockchains by solving the interoperability problem by creating the first-of-its-kind blockchain operating system.

The structure allows different blockchain networks to bridge their differences in the Overledger network, which is the ecosystem where the Quant team believes the digital economy of the future will be created.

Developers can build MApps, decentralized multi-chain applications on top of Overledger and use it to write smart contracts across a variety of chains.

The network token, QNT, is required for various network purposes.

Developers building a MAapp and companies using the network have to be QNT holders.

Now you can buy QNT on Bitpanda.

Invest in Quant (QNT) on Bitpanda

Celer Network (CELR)

Celer Network is part of the Polkadot ecosystem and has been created within the framework of Substrate.

Its goal is to make it easier to manage off-chain transactions while unlocking the full potential of the blockchain.

Instead of being based on an independent blockchain, Celer Network is based on a layer 2 scaling solution that is a network system.

In this way, it can enable simple, secure, and fast off-chain transactions for both smart contracts and payments, in pursuit of its ultimate goal: to revolutionize the output of DApps.

Celer Network’s token, CELR, is based on the ERC20 token standard.

CELR is used for the payment of service and transaction fees to off-chain providers, for staking in the state guardian network that secures the Celer network, for the acquisition of Celer state guardian status, and other purposes.

CELR is available on Bitpanda for you to trade.

Invest in Celer Network (CELR) on Bitpanda

Request (REQ)

Request Network has set out to become the go-to global provider for decentralized payments and accounting processing.

Request is an open-source protocol that offers a decentralized payment system based on Ethereum.

The project aims to eliminate the need for intermediate partners and offers features that allow users to use the system without the need to share user account information.

The project’s utility token, Request (REQ), ensures the stability and performance of the network and is used as a means of payment on the blockchain.

Invest in Request (REQ) on Bitpanda

Kava (KAVA)

Kava is a cross-chain DeFi lending platform that operates similar to a decentralized bank, but built on top of the Cosmos blockchain.

On this platform, users can access a wide range of financial services such as depositing various cryptocurrencies, earning returns, and borrowing Kava’s USDX stablecoins, which are pegged to the US dollar.

If users want to borrow USDX tokens, they have to deposit collateral on the network.

In addition to the USDX stablecoins, Kava has another native token, KAVA, a utility token that functions as a reserve currency in the event that the system runs out of collateral, as well as for governance processes in the network.

You can expand your portfolio with KAVA on Bitpanda.

Invest in Kava (KAVA) on Bitpanda

New consumer-focused cryptocurrency projects

Helium (HNT)

Helium is also known as “The People’s Network”, because this project tries to improve connections.

In a nutshell, Helium wants to improve communication between low-power wireless Internet of Things (IoT) devices, allowing them to communicate with each other through a network of nodes.

Thanks to blockchain technology, these devices can send data through the Helium node network and communicate with each other.

The unique nodes of the Helium network are called “hot spots” (in English: hotspots) and are a cross between a miner and a wireless gateway, an incentivizing formula that allows users who participate in-network coverage in a radius determined to win with their hot spot service.

Each hot spot also mines the network’s native token, the HNT coin ., and users who operate the nodes also earn rewards in HNT.

HNT is ready for you to trade on Bitpanda.

Invest in Helium (HNT) on Bitpanda

Livepeer (LPT)

Livepeer is the open-source platform that has set out to deliver the first fully decentralized live video streaming network, offering a viable and cost-efficient blockchain-based solution for broadcasters.

The platform also allows developers and users to participate in the improvement and management of the platform.

Producers can submit their work and the platform takes care of reformatting and distributing the content to streaming platforms.

LPT is the native token of the project and is used as an incentive for node operators and delegates, for governance purposes, to secure the network, and to safeguard the LPT network against attacks.

On Bitpanda, you can now add LPT to your wallet.

Invest in Livepeer (LPT) on Bitpanda

Fetch.ai (FET)

The Fetch.ai project team has set out to democratize access to AI technology based on an open, permissionless, decentralized machine learning network.

The Fetch.ai project aims to enable users to use autonomous AI to execute any type of task, and some use cases include transportation networks, DeFi trading services, smart energy grids, and travel.

The utility token of the Fetch.ai project is FET, an essential component of the platform’s oracles and smart contracts, which can be used to create, find, train, and deploy digital twins (virtual representations of physical objects) for payments, as well as for staking for validation purposes.

Do you think that the FET could be a good complement to your investment strategy? You can now invest in FETs on Bitpanda.

Invest in Fetch.ai (FET) on Bitpanda

Powerledger (POWR)

Powerledger aims to democratize energy markets and offer consumers different options.

This distributed and decentralized platform enables trading and monitoring functions for sectors such as energy, environmental commodity trading, and flexibility services.

The network works on two blockchain layers: the Ethereum blockchain and the EcoChain.

Powerledger has two tokens: the Sparkz token and the POWR token, which are based on the ERC20 token standard.

POWR enables consumers and energy providers to interact with the ecosystem and licenses companies such as renewable energy operators, utilities, real estate developers, and companies committed to 100% renewable energy and sustainability.

These companies need to be POWR holders in order to access the platform and interact with the ecosystem.

Invest in Powerledger (POWR) on Bitpanda

Invest and earn €1,000 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 13, 2022, at 12:00 (CEST) and Tuesday, April 19, 2022, at 11:59 p.m. (CES).

To participate, invest at least €50 in any of the new coins featured on Bitpanda in this round: Quant (QNT), Celer Network (CELR), Request (REQ), Kava (KAVA), Helium (HNT), Livepeer ( LPT), Fetch.ai (FET), and Powerledger (POWR);

At the end of the drawing period, Bitpanda will randomly select 8 winners.

Each winner will receive €1,000 of the currency in which he has invested.

If you are one of the lucky winners, you will receive your prize directly to your Bitpanda wallet.

Your prize will be credited within 3 weeks after the draw ends.

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Where can I get more information about investing?

Head over to Bitpanda’s iOS and Android app or the website 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 Bitpanda’s 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 through the Bitpanda website or on Bitpanda’s app for iOS and Android.

Then verify your account, make your first deposit using your favorite payment method (including SEPA Instant ) and start investing right away.

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