BEST Community Board
This page is intended to give every community member the opportunity to publish ideas on the topic of BEST. The publication as well as the voting is anonymous and everyone can like other suggestions and thus vote for them.
Submit proposalUse your voice
Change savings plans
Please add the possibility to customize the savings plans and not that you always have to cancel one and set it up again
Suggested improvement for VIP level on Bitpanda (vip0)
Improvement suggestion for VIP level on Bitpanda(vip0)
Current level 1 (10 BEST):
Instant trading bonus: 0.05
Staking & Cash Plus advantage: +2.5
Weekly rewards: 0.10%
Proposal: Introduction of a VIP level 0
Requirement: 0 BEST required
Immediate trading bonus: 0.01 % (automatically activated)
Additional features for VIP level 0:
Trading hints: Simple notices are displayed during trading to highlight the benefits of VIP levels.
Information message after 10 completed trades: After approximately 10 completed trades, the user is shown a message explaining the advantages of a higher VIP level and containing a link to the VIP information page.
Benefits for Bitpanda and users:
All Bitpanda users are thus automatically made aware of the loyalty program, which promotes the use of VIP levels and an understanding of their benefits.
Deactivation option:
Of course, there should be an option to disable these notifications and benefits if the user does not wish to do so.
Translated with DeepL.com (free version)
New Crypto Index containing BEST
A Krypto Index, named eg. “Highlights of Krypto”. The special thing would be that it contains BEST and probably Pantos and that would also count towards the VIP level.
Competition entry overview
I would like to see which competitions I am currently taking part in and whether my participation has been confirmed or whether I have won.
Filter transactions
Filtering the transactions would be great. Once between pay-in, pay-out, dividends, rewards, staking etc. …..
Austria: voluntary capital gains tax deduction on Cash Plus (as a separate item please)
Current situation:
_personal tax rate on return from Cash Plus (up to 55%)*
Income must be declared independently* (=not profitable expense for the “non-self-employed”)
Cash Plus is used less or not at all due to the increased expense (in view of the low return)
i.e. some of the VIPs miss out on one of the BEST benefits…
Optimization:
_implementation of Bitpanda’s voluntary capital gains tax deduction (special tax rate of 27.5% fixed)
_more incentive for the masses/small investors to temporarily park larger sums in cash on Bitpanda
_indirectly resulting in more trading volume (see constant account coverage, e.g. for long-term limit orders)
more incentive for Austrian customers to own BEST and benefit from it to the full extent!
* https://www.crypto-tax.at/zinsen-von-bitpanda-cash-plus-in-oesterreich-richtig-versteuern/
Dividend shares
You receive an annual dividend on shares. But you don’t know how much and when. An approximate dividend in % and payout date for the share would be great. And/or a separate button for dividends (as with staking).
Differentiate top winners/losers
The top winners/losers include stocks/etfs and crypto.
It would be great if you could switch to crypto only. E.g.: Top 6 crypto or top 6 stocks
Overall chart update
You can only see the entire chart in the app up to a maximum of 1 year back.
Looking back several years would be great.
If you could mark the chart in color. For example, all deposits are marked red in the chart, withdrawals blue and/or a button for calculating the difference (current total balance – deposits).
This would give you a better overview of your investments.
Charts in the portfolio
Mini-charts in the portfolio, such as in the watchlist, would contribute to the clarity of short-term price movements of individual projects.
VIP 5 raffles
It’s great that Bitpanda keeps throwing out raffles for VIP 5.
Unfortunately, the raffles are always or almost exclusively tickets for a sporting event.
They are always VIP tickets, which I would never get as a normal mortal anyway, but as one of the least sporty people I know, 😅😉 it might be nice to win something else.
Would possibly get more VIP 5 to play along too.
E.g. tickets for Nova Rock, Frequency or Beatpatrol. Generally Ö-Ticket vouchers.
Bitpanda merch is also always welcome.
Please, dear Bitpanda team, let your inspiration run free and spare me event tickets.
Total return on crypto indices
Unfortunately, you can only see the percentage gain/loss of the last 24 hours.
It would be great to introduce an overview of the entire period.
BEST VIP Votings in APP/WebUI
As far as I know, the BEST VIP votes are currently taking place somewhere on social media (Telegram I think), I think to reach more customers I would like to bring these votes into the Bitpanda App / WebUI, in addition to social media (or instead).
So that it is shown to all customers. In my opinion, this would be a win-win situation that would make the BEST better known among all customers and would also significantly increase the number of participants in the VIP voting.
Exact design as an example:
I would imagine that Bitpanda customers who do not yet hold a BEST would generally see that there are BEST VIP votes in the app and in the WebUI, including in the “timeline” at home.
If someone who does not hold a BEST then clicks on it and wants to vote, they will be informed that they must be at least BEST VIP1 in order to be able to vote. Ideally, they would also be shown the current total price to become VIP1 (I think 10 BEST) and could jump straight to the purchase screen with one click.
In my opinion, this would increase awareness of BEST and the VIP voting among all customers and could also boost BEST purchases. And, of course, it would also significantly increase the number of participants in the VIP voting.
Unfortunately, I don’t know how the VIP voting currently works, but I would imagine that in future you would get one “vote” per VIP level. So VIP1 level = 1 vote up to VIP5 = 5 votes.
Sort option for Watchlist & Co
It is currently not possible to sort your own watchlist and the “Your assets” section – similar to the function under the “Discover” tab, where this option is available.
Markus Miller in the BEST Committee!
Markus Miller frequently publishes great reports about Bitpanda on his KRYPTO-X.BIZ blog. He has now also published a brochure on the BEST token, which I think is great, especially for newcomers. He is probably also invested in BEST himself. I would like to see such an expert from the media sector on the BEST committee, that would certainly be a good thing!
BEST Rewards/ITB
Halve the rewards and double or triple the ITB to make trading activities more attractive.
API -IMPORT for the acquisition costs and COST BASIS (which Bitpanda requires) from Blockpit or Cointracking accounts.
A direct, simple one-click solution for entering the correct acquisition costs of the individual tranches for crypto deposits on the Bitpanda platform. For users who use Blockpit or Cointracking anyway, the API connections to the tax tool software are already in place. What works in one direction should also be possible in the other.
An idea to draw attention to BEST on the side
The webinar for VIP5 took place recently, which can now also be viewed retrospectively as VIP5 or VIP4. It would be great if Bitpanda could display information about this in the feed. If users who are not yet VIP4 or 5 click on it, they will see a message saying that they do not have the status to watch the video and what other advantages they would have with a higher VIP level.
Period when displaying trading volumes
Display of trading volume on a weekly / monthly / annually basis
COIN/TOKENLISTING and VOLLINTEGRATION on the Bitpanda platform
When new coins or tokens are listed, there should be FULL INTEGRATION on the Bitpanda platform right from the start. (e.g. buying, holding, swapping, depositing, withdrawing and staking coins on Bitpanda, etc.). There should also be an opportunity to propose new coins/token projects for listing directly on the platform. Here the community => (of course only VIPs) should be able to vote on which coins/tokens should be listed first (e.g. weekly voting until Friday and then an automatic listing of the project with the most votes no later than 1 week after voting).
Improvements to the Bitpanda Card
Cashback in crypto with fiat payments, depending on the VIP LVL, I know so many people who would then only pay for everything with the BP Card. Unfortunately, it’s not attractive to pay with the card at the moment.
Trading competition/competition with Best for all Bitpanda customers (not LVL) and LVL 1-3 similar to the Gold Member trading competitions/competitions (LVL 4 and LVL 5 are excluded).
Example: Conditions of participation and prize distribution.
Invest at least 25 euros in Best to participate and/or win the Trading Competition by investing a larger sum(s) in Best to become one of the 13 lucky winners of the Trading Competition.
1-3: Best worth 3000 Euro, which corresponds to a direct promotion from LVL 0 to LVL 3 or LVL 3 to LVL 4 (Trading Competition)
4-13: Best worth 600 euros, which corresponds to a direct promotion from LVL 0 to LVL 2 (Trading Competition)
14-103: Best worth 50 euros (participation in the competition (draw))
Why are LVL 4 and LVL 5 excluded and why are there so many winners?
This competition is intended to promote/publicize Best, hence the large number of winners and the focus on non-LVL and smaller LVLs. The promotion is the prize for the upper LVL (LVL4 and LVL 5)
Translated with DeepL.com (free version)
Sell order in stablecoin
It would be interesting to have the option of selling them not only in fiat, but also in a stablecoin.
Top and flop display of your own portfolio
Sometimes the value of the portfolio goes up or down sharply.
So that you don’t have to click through the assets to find the reason, a display for the top 5 and flop 5 would be good, selectable in FIAT and percentage and with a selection for the period (day, week, year, perhaps also since the start of the first investment)
Dust2BEST Update
Dust2BEST is really nice! But if staked coins (like BNB, APE, SOL, etc…) also worked with the Dust2Best function, that would be awesome.
Payback
As Bitpanda is now part of Payback, it should be possible to redeem Payback points at Bitpanda!
New BEST VIP benefit: Free crypto transactions per week/month
BEST needs more advantages and benefits at Bitpanda!
One possible advantage would be (similar to the free withdrawals with the Bitpanda Card) to also have a free quota for crypto transactions (shipping):
e.g.:
VIP 2: 1x per month free shipping for crypto assets that can be sent for a fee
VIP 3: 3x per month free of charge
VIP 4: 5x per month free of charge
VIP 5: 10x per month free of charge
Or variable depending on the asset. For expensive assets such as ETH or BTC, there is less in the quota, but more for cheap assets such as BNB.
And when receiving crypto assets that are subject to a fee, the quota should also apply, or better a separate quota, so that BEST VIPs do not pay any fees for a certain number, even if they transfer less than the minimum amount for fee exemption.
Birthday bonus
Give all VIPs a bonus of rewards in the form of BEST in the week of their birthday.
Bitpanda and FC Bayern Munich: Every goal a burn
How about a campaign at the start of the new Bundesliga season where Bitpanda burns 25,000 BEST every time FC Bayern Munich scores a goal? You could also announce that one million BEST will be burned for the championship title. This might not have a big effect on the token amount, but from a marketing point of view, I think it would be awesome. It would also be cool if the burning of the tokens always took place directly after the games.
Please consider the quantities given as placeholders
Stop loss Orders
As announced, also enable real stop-loss orders as with the limited buy orders. This will ensure reasonable hedging of the portfolio
More Card Cashback for VIP
For example, you could give:
VIP 1: 1% cashback
VIP 2: 2% cashback
VIP 3: 3% cashback
VIP 4: 4% cashback
VIP 5: 5% cashback
This would encourage many people to move up to higher levels and then actively use the card.
Proof of funds
A green tick if you do not have to show proof of origin or have already done so.
You can send the account statements or whatever to Bitpanda in advance to prevent this. This should then also appear visually on your account so that future withdrawals run smoothly.
Exclusive credit cards for BEST VIP levels
Hello everyone,
I would like to make a suggestion for discussion that could make Bitpanda even more attractive. Bitpanda already offers different tiers as part of the BEST loyalty program, which is great. I think we could expand the concept further by integrating exclusive cards for each tier, similar to crypto.com.
My proposal in detail:
Exclusive cards for each level: depending on the BEST VIP level reached, users could receive special cards. Each card would have an individual color, and the higher levels could also receive metal cards. For example:
Level 0: Standard card in black
Level 1: card in green
Level 2: card in red
Level 3: Metal card in bronze
Level 4: Metal card in silver
Level 5: Metal card in gold
Integration into the existing level system: The cards could be seamlessly integrated into the existing BEST VIP level system, so that advancing to a higher level automatically unlocks a new, exclusive card.
This extension could strengthen customer loyalty and offer an additional incentive to remain active on the platform and reach higher levels.
What do you think of this idea? I look forward to your opinions and suggestions!
Improve communication culture for non-positive processes with external impact
For example, the incorrect distribution of BEST Rewards on June 17, 2024, with subsequent correction of wallet balances based on rounded amounts.
It is already strange that such an event does not make it onto the status page in a timely manner as is customary in the industry, no, even the official Telegram community groups were met with silence despite many understandable queries.
Bitpanda tends to emphasize positive events and cover up negative ones. This kind of behavior thwarts any customer loyalty program.
Translated with DeepL.com (free version)
Lock vault wallet or quantity
Either a 2nd wallet as a vault Access only with 2FA no trading possible.
Alternatively:
Block quantity in the current wallet, e.g. 100 coins or 10% adjustable.
Why?
To avoid swaps by mistake. Even more security for holdings that are to be held long-term.
Increase BEST visibility
In general, you could give out rewards for certain things. Challenges.
For example:
– Become VIP 1 and receive XY points
– Claim your first rewards and receive XY points
– Follow your first spotlight and receive XY points
Then you could exchange these points for e.g.
– BTC
– BEST (at a better rate than BTC)
– merch
etc. etc.
I think that would be the best way to explain Best and its benefits.
You can of course expand this idea and turn it into a kind of Bitpanda Academy 2.0.
This way you could also point out the dangers of memecoins etc. and people would learn by working through tasks on topics like:
– 2FA
– Leverage and risks
– memecoins
– what is Bitcoin
etc. points, which they could then also exchange.
Translated with DeepL.com (free version)
Passkey Sign in
Passkeys are a simple and secure alternative to passwords. With a passkey, you can log in to your Bitpanda account using your fingerprint, face scan or the device’s screen lock, just like with a PIN.
Passkeys offer the strongest protection against threats such as phishing.
Wallets with a separate security level
Each VIP should have the option of creating wallets and assigning separate security levels to them.
E.g. send only, set daily limits, cold storage, etc.
Ask Me Anything
It is time for another “Ask Me Anything” Session regarding everything related to Bitpanda like BEST, Pantos and BTS!
Burn Blog Content - Community Voting
Bitpanda could hold a monthly vote in the Telegram group or directly via the app (e.g. 5 suggestions from Bitpanda) on which topics the community would like to see more information in the next Burn Blog. And the number 1 would then be included in the blog as an additional point to the planned content. This would ensure that the community is not disappointed because the topics in the blog are not interesting
Bitpanda Academy
In my opinion, the Bitpanda Academy has enormous advertising potential for BEST.
It could be implemented quite professionally, a la Notcoin. Various tasks and side quests to earn BEST and BTC.
Not just once, but several times with different tasks and levels. Tasks and levels.
Zealy was also cool to win something.
Maybe you could make it big and integrate Best, Merch etc. as prizes.
For example, you could also point out the dangers of meme coins and people would read it and complete tasks for it. Topics such as 2FA etc. could also be covered.
Best could also be introduced to people playfully.
I might also integrate BTC rewards (€5 in this area). That would also attract people.
If a lot of people use this, it could even mean another source of income for Bitpanda, as projects could market themselves on it and would have to pay a corresponding fee (which would then be paid out to participants in the form of rewards for completing the respective tasks). The Spotlight could serve as a model here.
Making BEST holdings in the Bitpanda Custody Wallet more transparent
Currently, all holdings in the Bitpanda Custody Wallet are distributed to a few non-transparent wallets.
It would be very welcome if there were a more transparent distribution here.
Wallets for:
– Bitpanda Reserve
– Broker User Holdings
– BTS Holdings
Monthly update of the BEST key figures
Currently, the key figures for YoY growth of VIPs and BEST in customer hands are only updated every quarter.
In the interests of increased transparency for BEST, it would be highly desirable if these two key figures were updated for each monthly burn.
Incentives for completing a Bitpanda Academy basic course (e.g. €5 in BEST)
In terms of basic financial and crypto education, Bitpanda should once again place the Academy more prominently and incentivize it. There used to be a €5 prize in BEST for a quiz. This could be reintroduced in a similar form, for reading selected articles including changing questions (changing so that it cannot be exploited).
Own sub-accounts
The option to manage various sub-accounts.
E.g. hodl, savings plan for children, trading, etc., of course it’s up to you for what purpose
Limit amount of limit orders
The maximum number of limit orders on Bitpanda could be regulated with the BEST Vip lvl.
For example:
Vip 0 -> 5
Vip 1 -> 10
Vip 2 -> 20
Vip 3 -> 30
Vip 4 -> 40
Vip 5 -> 50
Vouchers for Bitpanda
Bitpanda could also become a partner of Wunschgutschein.de, for example.
Then, for example, employee bonuses (up to €50 per employee per month tax-free in Germany) could also be paid into Bitpanda.
Spotlight
Spotlight is no longer distributed over the LVL (*5), but over the best quantity held.
Explanation:
Record the amount of Best held by the participating individuals and distribute it as a percentage depending on the amount of Best held by the participating individuals.
The LVL would no longer be decisive for the spotlight distribution, but the BEST amount on the wallet. It would therefore be interesting for each LVL to further increase the BEST amount, even if the next LVL seems unattainable.
So this approach, like the rewards, relates to the best held and not to the LVL simple principle. If you want more spotlights or rewards, then invest more in Best!
Separate € savings wallet
It would be great if, instead of the automatic Cash Plus, you could transfer a self-selected € amount to your own Cash Plus Wallet. For example, to set aside reserves for certain expenses or future tax payments.
Confirmation mail for Spotlights
If you follow a spotlight, you should also receive a confirmation by mail.
ITB for BCI rebalancing
The ITB should also be paid out when the BCI is rebalanced. This will give you more incentive to buy BCI and benefit from it as Best VIP.
Welcome bonus 10 BEST
New customer bonus 10 BEST until the end of the year.
Direct VIP1 -> advantages and the community also benefits.
Capital-forming benefits DE
Introduce capital-forming benefits, similar to Oskar ETF or Sparkassen. So the employer can use Bitpanda as an alternative.
Overview Holding period
A display of how many of the coins held in a position have already been held for a year would make it easier to see whether you can already sell tax-free (Germany). If you have bought and sold often, it is very tedious to keep track of this over time.
Spotlight / Giveaway Tokens Followings
Once the new token has been launched, you can no longer see whether you have followed it.
However, it usually takes a few hours for the new coins to appear in the portfolio, which can lead to uncertainty whether you have followed the token anyway.
Detailed portfolio
The portfolio value should show you how much you have invested (investment amount + percentage profit/loss) and how much tax has been paid (Austria).
Transparent Fees for buys/sells
It should be displayed how much % fees are incurred and also the amount. e.g. €100 = 133 BEST including fees (1%=€1.00) or at least there should be the possibility to view the current fees somewhere without having to laboriously calculate them yourself.
BEST guarantee from Bitpanda
Bitpanda is committed to supporting the Bitpanda Ecosystem Token (BEST) for as long as the company exists. The existing benefits, especially the rewards, are guaranteed to remain and additional benefits may be added in the future. This promise would significantly strengthen trust in BEST and secure its value in the long term.
BEST holders proactively participate in Bitpanda's business success
Bitpanda should pay out additional BEST to VIPs every year based on the company’s success, similar to profit sharing
Buy real estate shares with BEST
Possibly as with Brickwise (only the return or part of the rent which the property yields, should be paid in BEST)
VIP can buy Spotlights first
In addition to the distribution of free coins, it would be desirable if VIP customers were granted a right of first refusal according to VIP level, e.g.
VIP5 – 1.000€
VIP4 – 500€
VIP3 – 300€
VIP2 – 200€
ViP1 – 100€
A short exclusive purchase window before official listing on Bitpanda could facilitate this or offer an exclusive buy order opportunity for VIPs.
BEST VIPs should always have better options.
Bitpanda Card Cooperations
Please cooperate with the airport lounges (at least in Europe) for VIP 5, there will already be the possibility to do so via VISA.
Linking of a real product whereby you can save percentages when holding BEST (depending on VIP LVL)
A suggestion could be that for example when buying a RedBull (e.g. Austrian company with worldwide reach) if you pay with the Bitpanda card, you save something between 5 and 10% depending on the VIP level (would create a VIP advantage and at the same time make massive advertising through word of mouth daily) Ps: could of course also be done with other real world assets
Increase accuracy (decimal places) of prices (individually configurable)
The accuracy, i.e. the number of decimal places, of the prices should be increased (generally for all crypto assets), e.g. to 8 decimal places (12.01234567).
At the same time, this could be made individually configurable in the settings (via drop-down, e.g. 0.00; 0.0000; 0.000000; 0.00000000). This way, everyone can configure their own individual display.
VIP Level 6/Platinum
You should think about what comes after LVL 5. There are enough people in the community who hold significantly more than 50 k BEST. The level can then start at 100/250 or 500 k. Because these are holders who do not sell with every small market movement, but use the dips to buy more.
Guaranteed rewards for loyal best keepers
Provide a kind of security for best holders, e.g. from 50,000 units, to continue to hold the tokens for the long term. For example, give the option of locking a certain number of BEST tokens for e.g. 1 year, whereby the current market value remains at least the same, even after the locked period. The weekly rewards would then also be released after the locked period.
This would give BEST-Wale more security in the event of high price fluctuations and also help the ecosystem further.
Lock BEST for fee reductions
The time commitment (= no sale) of BEST should be rewarded with a fee reduction relative to the number of locked tokens. For Bitpanda, the advantage lies in the user’s commitment to the platform.
VIP 5 Events
All VIP 5 users should have the opportunity to meet up with other VIPs at least once a year and book a great event, function, etc. with Bitpanda. Each VIP 5 can take a maximum of 2 people with them. This would be a win-win situation for everyone, and the community would grow even closer together.
Spotlight better distribution between VIP 1 and 5
There should be a higher and better distribution between VIP levels 1-5. 5 VIP level 1 get as much as one VIP 5 at the moment. You should get significantly more if you have a higher level.
Strengthen Community
Best has relatively few members compared to other projects on Twitter, Telegram, etc.
Bitpanda should refer directly to the Best and Pantos groups on its website and social media accounts.
Homepage Bitpanda > Best advertising > link to Telegram, Twitter
Increase Best V.I.P Level to 10 and get even more BEST Rewards.
Current status: Level 1 0.10% Level 2 0.125% Level 3 0.15% Level 4 0.175% Level 5 0.20%
Future: Level 6 60k Best 0.25% Level 7 80k Best 0.30% Level 8 130k Best 0.4% Level 9 250k Best 0.5% Level 10 500k Best 1.2%
This increases the incentive to buy and hold more and more Best. The percentages and number of bests are only examples.
Advantages from VIP 4 onwards
The advantages should be from VIP 4 onwards, for example early investment in Bitpanda shares (if IPO) and others, as VIP 4 is already a large investment.
Reduces fees
You read again and again: “Not Bitpanda because of the high fees.”
This scares off many potential new investors, as other platforms are much cheaper.
If the Best VIP level were to be reduced more, this would have advantages both for BEST and for the decision to use Bitpanda as a platform.
BTS transparency
It would be nice to know what BEST has to do with the BTS partners. What connections there are and, above all, whether the end customer also becomes aware of BEST at the BTS partners and benefits from it. Even the BTS partners should focus on BEST.
Anonymized presentation of assets
Display of assets anonymized representation, only the percentages should be displayed!
Raffle notifcations
All participants should get a notification, when a raffle is over and all winners were drawn.
Launchpad BEST
The introduction of a launchpad along the lines of KuCoin or Binance.
This would help to stabilize the BEST price in the long term and at the same time solve the problem of rewards, as participants would return their Best to Bitpanda in larger quantities through the launchpad.
There really is no need to reinvent the world here. Please simply adopt the BEST in Class systems and launch them this year to take advantage of the bull run.
New VIP Level
New VIP Level 1-4 can remain VIP 5 20000 BEST
VIP 6 32500 Best
VIP 7 50000 Best
VIP 8 100000 Best
So that there is not such an extreme gap as there is currently between VIP 4 and VIP 5. And with each new VIP level from VIP 4 upwards, there may also be a small merch package, which gets bigger and bigger. In addition, with every higher VIP level from 4 onwards, you have more say through voting, e.g. greater chances in competitions, so that you have to trade or invest less, for example, and from VIP 7 onwards you automatically take part in every competition if you click a button as with the rewards.
Show BEST VIP LVL in app
Display the different VIP levels directly in the app so that potential new customers can see the levels in their own app (values invisible).
Preferably including the 3 or 4 most important benefits that each level brings.
Suggestions in app
The suggestions should be integrated in the bitpanda app. It should be visible, on which bitpanda is working on. Good suggestions could also be rewarded to provide some incentives.
Cryptos in the spotlight should be visible in the crypto ranking
Cryptos in the spotlight should be visible in the crypto ranking with an option to select or not
A stablecoin savings plan
Being able to make a savings plan via stablecoin instead of just via the euro…
Pantos extensions
Pantos visibility should be increased via earning program, later also delegated staking.
Interest depending on the fixed period.
Possibly also a special level as a supplement to BEST to increase the incentive.
Internal savings plan
The possibility to create a savings plan within the depot (automatic swaps from crypto to crypto or other assets)
Top limit BEST Rewards amount
The amount of BEST rewards should be limited to 1 Mio BEST in stock.
Extend credit card cashback
Cashback should be changable to BEST or Pantos. When paying with EUR, cashback should be enabled. A metal card should be offered – free from VIP 4 onwards.
Guaranteed rewards
Minimum guarantee: Bitpanda guarantees a minimum percentage for the rewards for a period of 2 years at the current rate. This guarantee gives users security and promotes trust in the rewards system.
Long-term adjustment: In addition to the minimum guarantee, a possible reduction in rewards over a period of 3 years will be introduced. For example, Bitpanda could stipulate that rewards can be reduced by up to 50% after the initial 2 years to ensure the sustainability of the system.
Flexible adjustments in the event of positive development: If the development of the platform and the token is positive, the period during which the current percentages apply could be extended. This would offer users an additional incentive and further security.
Improving the perception of best and pantos
Pantos is completely lost on Bitpanda due to the large range of products.
In order to increase visibility, you could use categories such as:
-Highlights/All
-Assets/Crypto
-Leverage/Crypto
-Indices
-Shares
-ETFs
-Commodities
-precious metals
introduce an additional category, such as “Own projects”. This category could then list your own projects such as Best and Pantos.
Gradual introduction of new features
The proposal envisages introducing new features gradually for different VIP levels before they are available to all users. This creates an additional incentive to reach higher VIP levels and rewards user loyalty. An example of such a feature could be the introduction of limit orders.
Detailed implementation: Test phase: New features are initially released for VIP 5 users in order to identify initial feedback and possible problems. Gradual introduction: After the test phase, VIP 5 and VIP 4 users receive exclusive access to the new feature for one week. In the following week, access will be extended to VIP 3, VIP 4 and VIP 5 users. One week later, VIP 2 users will also be included in the exclusive use. Finally, all VIP levels (1 to 5) will have exclusive access to the feature for a period of 3 months. Marketing and incentives: During exclusive use, pop-up messages and notices will be displayed to show non-VIP users what benefits they could receive from VIP status.
For example: “Become VIP 1 and get new features before all other users.” The exclusive period can be flexible, for example shortened to 4 weeks to allow for faster feedback and customization.
"Lock" VIP Levels
Before losing a VIP level a message should pop up, which asks if you really want to give up all VIP benefits. You will lose the following advantages: …
Interest rates on USDT
It is rather simple, but maybe external partnerships are necessary. It could be better for Austrian citizens to go in USDT then in fiat for tax reasons.
Tax infos / savings - Austria
Display the information on how much tax has to be paid directly at the time of sale, with a clear breakdown for each product.
In addition, please also do the taxes for Cash Plus to have everything under one roof.
For Staking & Cash Plus, the correct percentage should be highlighted depending on the BEST VIP level.
Hedge BEST with BTC Pool
BEST receives a BTC pool. This pool fills up via the burn.
Bitpanda writes yes:
“Bitpanda takes and burns up to 25% of all BEST in the amount of revenue collected through payments of trading premiums from BEST VIPs.”
Here, 1% should flow into a pool with which BTC is purchased and deposited as a backup for Best.
The aim would be to divide the pool among all BEST holders in the event of Bitpanda’s failure. A kind of BEST insurance against total failure. A small side effect would be that BEST would receive an indirect minimum value in BTC.
Reward program for “ Tell-a-Friend ”
The current rewards for this are not competitive compared to the industry. The rewards are capped at a maximum of €100 per invitation for both when at least €10k of crypto is purchased. This means that Bitpanda pays out € 200 in rewards for € 10k new business (2%). That’s it then. Co-investors also share a percentage of the trading fees earned, sometimes for up to 1 year.
If a broker like Bitpanda spends € 3 – 5 million a year on the platinum partnership with FC Bayern (which accounts for almost 50% of the profit in 2023), you shouldn’t be too stingy with your own customers when it comes to marketing.
Savings plan from FIAT wallet
For all VIP 3 to 5 the possibility to set up a savings plan from the Fiatwallet at Bitpanda. This allows you to spend a few weeks without your cell phone. Of course, this also goes hand in hand with the automatic claiming of weekly rewards.
Upgrade Bitpanda Card
Make payments with fiat and cashback in crypto possible, so that you always have an incentive to pay with the card because you get some cashback. Several card versions would also be cool, e.g. a Platinum for Gold VIPs.
Percentage cost reduction instead of ITB
Disadvantages of the current ITB:
– further reduction of the BP reserve
– Many people who have not yet invested do not understand that this is an indirect reduction in fees.
– Some smaller coins have 5% fees, which corresponds to a maximum discount of just 5% as Vip 5
Advantages of percentage cost reduction:
– More presentable (e.g. save up to 15% fees sounds better than get up to 0.25% of your volume back in Best)
– No additional reduction of the Bitpanda reserve
Crypto credit
Bitpanda could grant loans and use the customer’s credit balance in e.g. BEST or Bitcoin as collateral. The higher the VIP level, the better the interest rates.
Merchandising for Gold VIPs
It would also be great if you could get a merch package as standard when you reach Gold VIP status for the first time.
In-App VIP Live Chat
Bisher gibt es noch keinen In-App Livechat. Man wird immer auf den Browser verwiesen. Wenn man das in die App implementieren könnte, wäre das extrem cool und smart.
Kann ein VIP Feature ab Level 4 oder 5 sein. 🙂
Exchange listing
It would be effective to list the Best on other exchanges. That would also make BEST and Bitpanda even better known.
Kids depots with Bitpanda
It would be nice if Bitpanda offered a junior custody account. Of course, I would like to save for my child with BEST 🙂
TAXES - Austria
Re-introduction of “sub-accounts” of the individual wallets (for all coins) in 3 wallets as follows:
1) Old stock
2) New stock
3) Rewards, staking, airdrops, etc.
or possibility to create several depots, e.g. depending on the VIP level (VIP1=1 additional depot, VIP2=2 additional depot, etc.)
This enables the fiscal wallet separation at the broker and the user can freely choose which portfolio he wants to trade.
It is thus clearly recognizable in advance whether tax can be incurred or not.
The risk of unintentionally selling old holdings during swaps, trades, etc. would also be a thing of the past.
A USP that Bitpanda must be the first broker/exchange to exploit.
PS: Of course, it should also be possible to automatically transfer or read in all data via API to Blockpit, for example.
Competition feature for Best VIPs
Here’s an idea to make BEST Vip 1 appealing to everyone:
Why don’t you run competitions like the Octavia Challenge or ETH Staking with the requirement that you have to be at least VIP
1 must be.
It’s the same with other competitions a la trade at least €50 in blabla
Make that the standard.
Competitions only from VIP 1.
————-
If this is not desired, then give everyone from VIP 1 who also fulfills the other conditions of participation (e.g. at least 50€ ETH in staking etc.) a second slot in the competition.
You can also advertise this well:
Become VIP 1 and benefit from double the chance of winning
Then it’s up to you whether you want the double chance or not.
And believe me, that would be a simple and easy reason for many to become a VIP 1. 🙂
Ledger Whitelist
Whitelist your hardware wallet, e.g. to send the BEST to it and still receive rewards.
Transfer staking via API
Unfortunately, the transmission to e.g. Blockpit from Staking Rewards is currently missing
Show portfolio value in BTC
The total portfolio value is displayed in Fiat. By clicking on the value, you could see the value in BTC.
BEST Roadmap
This shows what is being worked on and where BEST should play a role and in what form. At the moment, unfortunately, you can’t really see what you are investing in for the future. Much is based on the hope that something valuable could happen with BEST, but unfortunately there is no written form for this. Perhaps there is a way to do this that doesn’t give too much away, but can still give investors a vision to feel more secure with their investment.
Invested capital
It would be nice if you could see for each asset how much you have already invested in euros and how much you have now. Or even better, in relation to all assets, i.e. the money paid into BP vs. the current value
Selection of brand faces
You invest a lot in influencers and just seem to get everyone on board. Then StanTheMan posts a bad monotone mobile video in which he introduces Bitpanda. Not only that you could take BEST there occasionally, but whether all the investment is worth it when you look at the image painted in the comments by Bitpanda and Stan ?
A real market for BEST
There are currently no buy and sell orders. The price is probably controlled centrally at the moment depending on demand.
BEST presence in SM and interviews
You always see interviews or short discussions on social media and co. Why isn’t the BEST mentioned? Or the resulting benefits? A good example would be this livestream some time ago.
More activity in community groups
It would be great if Paul, Eric, Marco etc. would sometimes show up in the Telegram group, for example. We haven’t heard anything from Paul for ages, we don’t even know if he still holds BEST and stands behind it.
BEST Burn
Until a “maximum” of 75% of all BEST has been burned… Either you commit or you don’t – the word “maximum” in the sentence once again keeps all the back doors open, which always sends a negative signal to investors.
Account management fees for non-BEST holders
All Bitpanda users who do not hold at least 10 BEST must pay a monthly account management fee of €3.
BEST Quiz
A quiz about Best and its benefits for all newcomers.
Preferably as a story.
The reward is 10 Best.
So everyone gets to know Best first.
Display tax-free old stock
The specific old and new stock should be displayed per coin (+ also overall) in accordance with the Austrian definition.
VIP 1 for users who have never had BEST
Like Bitpanda did in France, only refined.
Offering every user who has never owned BEST the opportunity to get ten BEST for free – on the condition that they cannot sell them for a year.
This ensures that users experience the benefits of VIP membership before they potentially simply dump the BEST again.
BEST Rewards Credit
A kind of loan to upgrade to the next BEST lvl, which is automatically repaid with the rewards
BEST ranking
Anonymous ranking of who has the most BEST, with an indication of how many BEST are missing to move up a rank.
BEST Lottery
Monthly prize draw of 1% of the accumulated burn amount (preferably in addition to the burn, so that no other feature suffers) to one or more BEST VIPs.
The chance to win can be influenced by VIP level.
E.G: Lvl 0 – 0 tickets
Lvl 1 – 1 ticket
Lvl 2 – 2 tickets etc.
The chances do not have to increase linearly – just as an example.
The chance of winning can be increased by holding BEST or VIP lvl for a long time.
E.G.: Lvl 1 over 1 year = 1.1 tickets
Lvl 2 over 1 year = 1.2 tickets etc.
Place Bitpanda Haustokens more prominently
BEST & Pantos are to be presented more prominently on the homepage.
No higher VIP level
Since the aim is to bring Best to as many people as possible and not to accumulate as many BEST as possible with a few users. The step from level 4 to 5 is hardly achievable for most small investors anyway and an even higher level would further reduce motivation.
Inclusion instead of enormous exclusivity!
Stronger cooperation with Blockpit for e.g. Gold regarding BP-Card
Since, as I suspect, most users of the BP card have deposited gold to use it and have therefore chosen a non-tax-simple asset in Austria, for example, it would be great if there were a way to record these for non-tax-simple assets at reduced fees via Blockpit for their tax report.
ITB on BCI Rebalance
As the title says, the Bitpanda Crypto Index should also generate Instant Trade Bonus on rebalance!
The product would therefore also have a BEST feature.
Buy Instant Trade Bonus from the market
The Instant Trade Bonus is currently distributed from the reserve. Like the burn, this should be bought directly from the market with the fees paid.
Pro: Buying pressure is created
Con: Bitpanda misses out on up to 50% of the fees (e.g. buying gold as VIP 5)
VIP 5 Merch Paket
Receive a merch package when you reach VIP 5 level. Since this is apparently no longer available
Next BEST level VIP6 // Platinum Member
Whether from the EU or soon in the UAE (United Arab Emirates), a new level (such as VIP6 Platinum Member) could certainly attract new users or private investors to Bitpanda.
Bitpanda at PAYBACK
Bitpanda could offer itself with its own link for new customers at Payback. Many large companies such as “Amazon, Apple, Bp petrol station and many more” are there!
E.G:
– Sign up for Bitpanda and you will receive 5 euros in Payback points and 10 BEST on your Bitpanda account.
– Deposit 100 euros into your existing account and you will receive 100 Payback points and 10 BEST as a gift
There is a lot that can be done and is very well known in Austria, Germany and many other countries.
Other BEST levels
Always 10K Best 1 % Rewards
up to a maximum of 100K, then only 1% every 50K up to a maximum of 14%
Private-Mode
When you don’t want to show off your holdings. For example, if you want to show someone something in the app or on public transport.
Qualification display for competitions
List of current competitions and display in which you have fulfilled everything and, in the case of open points, what is still missing for participation. View from VIP 1
Create sub-accounts
The possibility of creating sub-accounts to better divide your holdings. E.g. account for car purchase, account for child’s 18th birthday.
Incl. the possibility of an alarm when a certain amount has been reached or undercut
Merchshop
It would be great to finally have a merch store where I can also buy with BEST, or get a discount depending on the VIP level.
Improved charts
From VIP 1 it would be nice to be able to display the current chart in other display options and to be able to superimpose your own lines and trend curves. Simply a nice gimmick
Bitpanda profit sharing
Single-digit percentage profit share for BEST redemption and use as rewards.
Additional percentage share of profit increase.
Split as with Spotlights.
Can be increased if Bitpanda has no more reserves.
Filter: Show only my assets + Save filter
Under “Discover”, implement an additional filter for “Only show my assets” so that you can better track the daily market performance (in %) of your own assets (regardless of the € performance – see Portfolio).
The current % performance of your own assets can currently only be tracked in the watchlist. However, this requires you to put all the assets you hold in the portfolio in the watchlist (not useful if you hold a lot of assets), which makes it difficult to keep track of the daily performance of your own assets.
Intention: I want to be able to better recognize assets that are worth less € in my portfolio but are performing well on the current day so that I can swap them if necessary.
Reward BEST holding period
If you hold your BEST for more than 1/2/3 years and have not sold anything, you will receive a small/medium/large merch package.
Portfolio Listview
In the browser version of tile view, work switches to a list view for the stocks. As in the app
Launchpad - benefits depending on BEST Vip level
Vips should receive more favorable conditions for the purchase depending on the Vip level, as well as a right of first refusal.
E.g. Vip 5 first week token price: 1€
Vip 4 second week token price 1,20€
Vip 3 third week token price 1,30€
Etc.
BEST Dating Plattform
A dating platform for best singles to help like-minded people find their match
Launchpad / Launchpool
It would be great if Bitpanda would organize one or more launchpads or launchpools where you can get BEST by completing missions or depositing BEST, for example. That would attract a lot of people.
Improvement of VIP rewards at Spotlights
It would be good to improve the VIP levels of Bitpanda with new things. In addition, the rewards between the individual levels should be increased (e.g. more difference in the reward tokens for the Spotlight.
-> VIP 1 -> X1 token and VIP 2 -> X3 and VIP 3 -> X5). This would encourage more people to increase the VIP levels.
Correct BEST rates outside Bitpanda
It would be extremely important to have the BEST price displayed correctly on Coinmarketcap.com and Coingecko.
Many people inform themselves here before they invest, so it is all the more important to get a correct display there too.
Dark Mode for Web Version
I think it would be really cool to have a dark mode version for the web version of Bitpanda, and a BEST only mode version would also be really cool 😀
BEST weekly rewards
The BEST weekly rewards should be capped at a maximum amount (e.g. base 100k BEST) so that
1- the BEST reserves last longer
2- Whales are not made even fatter (are already big beneficiaries with every price increase),
3- encourage a broader community and more involvement instead.
BEST - Shares of Bitpanda Group AG
Creating the possibility for Gold members and VIP Level 5 BEST holders to invest directly in Bitpanda Group AG shares based on the number of BEST tokens they own could be a revolution in the financial world. This would give users the chance to own something even more tangible!
More statistics and possibly in real time
Many values are only updated quarterly, perhaps this is feasible in real time or at least more frequently and perhaps one or two other metrics can also be published. I am thinking of:
– Number of BEST holders
– Number of VIPs per level
– Quantity in circulation, reserves etc.
Do not use up the BP reserves
Launch BEST 3.0 as soon as possible, focus more on Code-Is-Law, avoid vague statements that scare off investors (e.g. the program can be discontinued at any time) and also protect Bitpanda’s interests. If the reserve is emptied and Bitpanda itself no longer owns anything, Bitpanda has no financial interest in a stable, high BEST price.
Android widget for BEST course
Currently there is only BTC. If you’re already doing something, BEST should always come first ?
Stronger BEST advertising
There should already be a large field on the homepage pointing to BEST, quasi > Get more out of your investment and buy BEST!!!!
With a link see here why
Pay out Staking Rewards to main account
There should be an option to have Staking Rewards paid out to the main account and not automatically re-staked.
Highlight BEST
For example, always display swaps at the top of the list and make them more visible on the home screen, e.g. by displaying directly there whether you have already claimed the rewards or which rewards you “would have” if you had claimed them. Users who are NEW and have never heard of BEST will not easily come across BEST.
1 BEST free with new registration
To make it easier for new BP users to become aware of the BEST, as a bonus to the referral program.
Accumulated PNL (profit and loss)
This would provide a mathematical summary of all purchases and sales under each individual asset as a result in euros.
BEST Cashback when using the BP Card
In addition to BTC, Best should also be selectable as a cashback asset when using the BP Card. Possibly even with more than 2% cashback (for VIP5), giving customers even more incentive to own BEST.
Hey!
I am very happy, if you like the site and of course I am also happy about a coffee :)
There are 4 ways to do this: ”BTC & ETH”, PayPal or "Buy Me a Coffe".
Thank you for your support :)