New Cryptocurrencies on Bitpanda

Bitpanda has brought you more than a dozen new coins on Bitpanda: Curve DAO Token (CRV), Enjin Coin (ENJ), Fantom (FTM), FTX Token (FTT), NEAR Protocol (NEAR), Stacks (STX), Arweave ( AR), Celo (CELO), Harmony (ONE), Hedera (HBAR), Serum (SRM), The Sandbox (SAND) and Loopring (LRC) have just appeared on Bitpanda’s platform. In this article we will introduce you to the new additions.

The history of cryptocurrencies resembles a fairy tale: while Bitcoin and Ethereum, in their role as king and queen, remain on the throne of the world of cryptocurrencies, new projects burst onto the scene and provide unique use cases. to the banquet.

Bitpanda has added no less than thirteen new currencies to Bitpanda’s assets at Bitpanda. Learn more about each and every one of Bitpanda’s new currencies in this article.

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1. Curve DAO Token (CRV)

It’s easy to see where the symbolism of the real world meets the world of cryptocurrencies. You can experience an extreme case of teenage love and at the same time fall for the latest thing DeFi has for you, like Curve DAO and its CRV token. Curve Finance, an automated market maker (AMM), offers users a decentralized exchange platform for stablecoin trading operations. Its DAO is built on Aragon’s infrastructure and users are rewarded with CRV, Curve’s own token for commitment to liquidity, governance and ownership purposes. Get ready to add CRV to your portfolio here and find out more about them in their official website.

Invest in Curve DAO Token (CRV)

2. Enjin Coin (ENJ)

Are you increasingly curious about the world of digital art? Or do you want to improve your game? Enjin will equip you with the virtual tools to succeed in your adventure. Enjin is a social gaming platform that launched in 2017 and now has more than 10 million unique and rare blockchain digital assets that you can buy and sell in its marketplace. Each asset contains Enjin Coin (ENJ) , a minting resource locked up in NFT and withdrawn from circulation. The ENJ endows each asset with a reserve value in search of transparency, scarcity and liquidity. To explore more, delve into the world of Enjin on its official website.

Invest in Enjin Coin (ENJ)

3. Fantom (FTM)

Despite its spectral name, the Fantom ecosystem is a conspicuously popular host for a growing number of DApps. Get ready to meet exciting DeFi projects on a decentralized open source network. Fantom’s mission is to “ensure compatibility between all transaction bodies in the world” through its smart contract platform. The structure is based on a directed acyclic graph (DAG) smart contract offered by the DeFi platform to developers with Fantom’s Lachesis consensus algorithm. The PoS FTM token itself of the project can be used for staking, rewards and commission collection. Learn more about the many faces of Fantom on their official website.

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4. FTX Token (FTT)

The road to success in the world of cryptocurrencies is full of surprising events: you never know what awaits you around the next corner. FTX is a cryptocurrency derivatives trading platform. Founded in 2019, the platform has become a major player in the industry in record time and operates a unique risk and margin engine based on a native blockchain. FTT is an ERC20 compliant exchange token and is also the platform’s native cryptocurrency token, which can be used for staking. Find out everything about the FTX project on its official website.

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5. NEAR Protocol (NEAR)

“Reimagine your world” are the first words on the NEAR project website. Bitpanda is happy to deliver: a “sustainable and inclusive future” sounds promising. Launched in April 2020, NEAR provides a decentralized application platform with the goal of offering solutions to scale in a multi-chain environment. The network, whose blockchain is climate neutral, aims to remove any barriers to the adoption of Web 3 and its proof-of-stake (PoS) consensus mechanism is known as Nightshade. The utility token of the native project is called “NEAR” and is used to run validator nodes on the network through staking, for government voting, and more, and his future plans on his official website.

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6. Stacks (STX)

Has the idea of ​​using a simply better Internet ever crossed your mind? You’re in good hands, and so are Stacks. Known as Blockstack in its early days, Stacks is a layer-1 blockchain solution that seeks to extend the functionality of the Bitcoin network with open and modular smart contracts and DApps . No forks are needed here . Stacks uses Bitcoin as the base layer for all of its network activities. “A better Internet, built on Bitcoin” is precisely what Stacks wants to create. Find out all the details about its STX token and its mission on its official website.

Invest in Stacks (STX)

7. Arweave (AR)

Its name is reminiscent of a gigantic spider web woven to withstand all the tests of time. The Arweave project has set out to shape a decentralized storage network and platform for indefinite data storage. This decentralized structure is collectively owned and constitutes a permanent network, with community-driven platforms and applications to enable the storage and exchange of information over time and between individuals. The Arweave permaweb works on a “blockweave”, a type of blockchain in which each block is linked to the previous one and to a previous random block. The network’s native token, AR, is used to reward miners for storing network information indefinitely. More information about Arweave on its official website.

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8. Celo (CELO)

In order for everyone to live happily, Celo encourages the creation of conditions of prosperity for the entire world. The ecosystem was launched in 2020 to promote cryptocurrency adoption among smartphone users, especially those living in regions of the world without access to banks. The project has set out not only to facilitate cryptocurrency transactions, but also to take advantage of DeFi. Users can also access DApps and smart contracts on the network. Celo has two native tokens, CELO and the Celo Dollar, and their official website describes their purpose and value proposition, as well as other details about it.

Invest in Celo (CELO)

9. Harmony (ONE)

Building bridges across the chain, revolutionizing block creation, ease of use and creation of DApps … – Harmony’s list of goals is long. It is also preparing for the introduction of cross-platform and cross-chain infrastructure contracts. The network validation process is based on the Verifiable Random Function (VRF) to ensure a random and unbiased validation process. The protocol uses an algorithm called effective proof-of-stake (EPoS) in line with the concept of fragmentation. The Harmony ecosystem is constantly expanding with builders, founders, and creators. Don’t stop creating and visit their official website to learn more about Harmony and its native ONE token.

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10. Hedera Hashgraph (HBAR)

Whether you are a consumer, a creator, a dreamer, an entrepreneur or a consolidated or emerging company, Hedera wants to make your digital world yours. The project offers a proof-of-stake decentralized public network that provides a secure application for its users, aiming to become a leading platform for public ledgers. Hedera Hashgraph’s native token, HBAR , is used by developers to pay for network services (such as smart contracts), to power DApps, and much more. Welcome be speed. You can find more information about Hedera Hashgraph (HBAR) on its official website.

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11. Serum (SRM)

The Serum network is based on Solana, what else needs to be said? Built on top of this popular permissionless blockchain offering up to 50,000 transactions per second and 400ms block times, Serum provides users with an on-chain centralized limit order book (CLOB) for projects built on the Solana blockchain to share the love (that is, liquidity) throughout the ecosystem. FTX, Alameda Research and Solana Foundation partnered for this open source project to drive DeFi forward. The driving force behind Serum’s success is its active community and SRM is the utility tokenand Serum governance, which provides users with discounts on voting rights and much more. Visit their official website for all the details.

Invest in Serum (SRM)

12. The Sandbox (SAND)

When you see this, you won’t be able to resist. Who doesn’t like to play in the sand (or sand in English)? Get ready for their mission to bring the blockchain to mainstream games and to sell, buy, create and build digital assets on their platform. Become a creator and help build its metaverse. SAND is the project token that facilitates transactions on the platform and decentralized governance. Before visiting the official Sandbox website and delving into their world, make sure you have plenty of free time. Then do not say that we have not warned you.

Invest in The Sandbox (SAND)

13. Loopring (LRC)

Have you come this far but still haven’t found what you were looking for? Luckily, Bitpanda has one more coin to add to the dozen. The Loopring project wants to ensure that users are empowered and in control of their assets at all times. It offers hybrid solutions combining centralized order matching and decentralized on-chain order settlement. Who says you can’t have the best of both worlds? LRC is Loopring’s native token based on the ERC20 token standard. Find out all about Loopring on its official website.

Have you fallen in love with all Bitpanda’s new coins? It sounds like a fairy tale, and you can find all the technical details about them here.

Invest in Loopring (LRC)