Bitpanda

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Bitpanda

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Bitpanda

As technological advancements evolve in the world, it impacts every aspect of human existence and every sector of human activity. We can all agree that the exchange of goods and services is one of the fundamental and foremost activities of mankind. This, therefore, means that the sector that regulates goods and services will witness a large impact of technological advancements. To leverage technology for the provision of financial and transaction services, several financial technology companies have been established across the world. These companies merge the existing structures with different innovations to provide highly efficient and often personalized products and services for society. As different sectors and processes became more digitized, the need for digitized currencies and assets arose and was harnessed through blockchain technology to create a whole new range of instruments for the storage of value. These instruments, categorized as cryptocurrencies, operate outside the realm of government or institutional regulations, relying totally on the market forces for value. Cryptocurrencies are becoming increasingly common and convenient as a mode of transaction for businesses transacted digitally. Like the foreign exchange market for traditional money, there also exists crypto markets for the digital economy that can be brokered, where cryptocurrencies are bought, sold, exchanged and invested from any location across the world. The crypto market is presently uncharted waters, with many innovations leading the way towards a more regularized sector. Bitpanda is a company that operates in the world of digital transactions and cryptocurrencies. You should read honest customer reviews of Bitpanda here before considering investing in their services.

About Bitpanda
Bitpanda is a fintech company that operates a platform for transacting in digitized assets and cryptocurrencies through blockchain technology. Bitpanda has been in existence since 2014, claiming to be on a mission to ‘tear down the barriers to personal finance and bring traditional financial products into the 21st century’. Founded by Eric Demuth, Christian Trummer and Paul Klanschek in Vienna, Austria, Bitpanda claims to be a licensed PSD2 Payment Service Provider that trades in over 30 digital assets alongside the popular ones like Bitcoin, Ethereum and Gold. Bitpanda also claims that their platform is user-friendly, with the easy verification process, supporting any level of proficiency and secured with state-of-the-art technology.

Services offered by Bitpanda
Bitpanda’s services include Bitpanda Swap, Bitpanda Savings, Bitpanda Metals, Bitpanda Ecosystem Token, Bitpanda Pay, Bitpanda To Go, Bitpanda Affiliate, Bitpanda App, Bitpanda Plus and Bitpanda Pro. The platform claims to support transactions in Euro, British Pound Sterling, Swiss Franc and US Dollar, as well as a variety of payment and payout providers and option for flexibility. Bitpanda has an Academy for training people in the digital financial technology field.

Compliments, complaints and tips for Bitpanda
Have you used Bitpanda’s platform for your transactions in digitized assets in the past? Did you find the platform easy to use? Were the services satisfactory? Would you recommend them to family, friends and colleagues? Kindly leave a review of your experiences with Bitpanda here for the benefit of their prospective clients. Your feedback will also enable the company to determine better ways to serve you and others.

If you want to become better at understanding finances but you don’t know where to start, at least know that nowadays there is a wealth of information on the subject and getting started is not difficult. Libraries, bookstores and websites can provide you with most of the information you need on every financial topic you can imagine. Anyone who is interested and willing to put in the time can get access to all the needed resources. Here are some tips so you don’t get lost in the process:

Take a finance course
Look for courses from universities and other academic institutions that can guide you in your learning journey. You can also have a quick read at books such as The Richest Man in Babylon or the well-known "... for Dummies" series which can provide you with insight into the basics of finance so that you can then identify specific items that you would like to learn more about. 

Internet is your friend
For any questions, there’s no better place to go to for fast, easy access to information than the web. You can look for finance information at Investopedia and similar sites that provide access to infinite amounts of information and will also keep you updated on the latest financial developments. You will also be able to find economists, strategists and other experts that can be interesting and informative to you. 

Get deeper into the subjects
Once you’ve covered the basics of finance it’s important to immerse yourself in more complex financial subjects. There are great publications and magazines that can truly help you gain more in-depth knowledge than you will usually get surfing the web or taking on a course. The more you are able to deal with complexity, the easier also the basic finance matters will be to deal with. 

Get familiar with the language
There is really not one formula to do this, the best advice is to just take initiative and immerse yourself into the subject while taking the time to search for the meaning of unknown terms when you come across them. Taking on a course can also help you a lot in getting familiar with the finance lingo. Some of the main concepts you will learn about will be: how to measure profitability, EBITDA, operating income, revenue and operating expenses. 

Don’t fear!
Don’t avoid finance just because you don’t feel you’re good at math or you find it boring. It’s not as complex as it seems at first and it is truly necessary to keep score on your business and measure your progress. Most finance operations are mathematically not that complex.

Either because you feel you are ready to take on your finances on your own or you feel you may need some advice and assistance, check out this finance company or companies that may help you engage in and improve your finances: