IOTA, Komodo and more coming to Bitpanda
The full article was originally published by Eric Demuth on Medium. Read the full article here.
Introducing two new cryptocurrencies and our plan for adding more coins in the future.
Our Integration Team has been working hard for the last months and we are now happy to announce that Komodo will be added on the 12th of June 2018 to the Bitpanda platform and IOTA will follow on the 14th of June 2018.
After the successful launch of Bitpanda 2.0 just two weeks ago, we are not only launching Komodo and IOTA, but are ready to speed things further up and offer our users new cryptocurrencies on a regular basis.
IOTA is one of the most successful cryptocurrencies on the market and is also very interesting from a technological point of view. The integration of it has been a popular demand in the Bitpanda community, so we are very happy to be able to offer a trade only (buy and sell) option for IOTA on the 14th of June 2018. Our Integration Team and the IOTA Foundation are working closely together in order to get a fully functional IOTA wallet, including a withdrawal and send function, running on Bitpanda soon.
The addition of Komodo has already been teased during the Pantos ICO, as Komodo is one of our project partners and will be one of the supported platforms for our meta token PAN, which will allow instant and frictionless cross chain transfers between different supported blockchains. KMD will be trade only (buy and sell) at first as well, with a fully fledged wallet following soon.
Our plan for adding new cryptocurrencies
We were pleased with how the integration process for Ripple worked, so we are now applying it to Komodo and IOTA as well. The procedure will also stay the same for additional cryptocurrencies coming in the next weeks and months: First we offer a trade only wallet, with which our users can buy and sell. A bit later a fully functional wallet will be available.
The time needed can vary for each coin between a few days or weeks, depending on the final testing to ensure security and functionality. This plan allows us to add new cryptocurrencies fast, while offering the same flexibility and features as you already know from our existing ones later. Including unlimited wallets, free and instant sending to other Bitpanda users and of course withdrawal options.
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At Bitpanda our goal is to offer our users not only a feature rich experience, but also a wide selection of the most popular cryptocurrencies on the market.