Bitpanda, a global bitcoin and crypto exchange, announced it will add Swiss franc (CHF) markets for select cryptocurrencies on March 3rd, 2020.
Aside from listing new crypto-to-Swiss Franc trading pairs, the exchange will take most crypto-to-crypto trading pairs offline (except BEST and PAN markets), and slightly change the fee structure.
“In August 2019, we launched a technically stellar and 100% in-house developed digital asset exchange. Since then, our exchange dev team further optimised the performance and user experience and we onboarded the first trading bot services. After thorough analysis, we are aiming to give our exchange a clearer profile to attract both B2C users and B2B clients. We think that our new positioning is a strong one and will attract the right users we need to grow our product further. On March 3rd, 2020 at 11:00 am CET, we will unveil the repositioning of the Bitpanda Global Exchange and share our new strategy with you.”
– The Bitpanda Team
Delisting of most crypto-to-crypto markets
On March 3rd, 2020 at 10:00 am CET, Bitpanda will suspend the following markets:
On March 4th, at 10:00 am CET, all orders will be removed from the order books, funds will be restored to user wallets and these markets will be delisted.
Adding new fiat-to-crypto markets
Part of Bitpanda’s new strategy is a focus on fiat-to-crypto markets. Today, they already put the following new fiat-to-crypto markets in maintenance mode:
This means that users can already deposit Swiss Franc (CHF) to the exchange, and can start trading in those markets on March 3rd, 2020 at 11:00 am CET.
Complete list of active markets after March 3rd
In addition to the newly-added crypto-to-CHF markets, all other existing fiat-to-crypto markets will remain active after March 3rd. The complete list of markets on the exchange will then be the following:
Fee structure changes
From March 3rd, 10:00 am CET onwards, the following, the slightly adapted fee structure will be in place for all non-institutional users on the exchange.