Latest Highlights #11
In the world of cryptocurrency, Bitpanda's BEST token is making waves. The popular platform's VIP users can now enjoy a host of benefits, including earning up to 2.00% cashback in Bitcoin (BTC), unlimited free ATM withdrawals, and reduced FX fees.
The BEST token, which can be purchased on Bitpanda or Bitpanda Pro, is also a gateway to swapping other cryptocurrencies, stablecoins, and precious metals. For more information about the benefits of the Bitpanda Card, readers are encouraged to visit the website.
The BEST token has shown significant growth over the past few weeks, with a yearly increase of over 1,000%. This growth is reflected in the several new all-time-highs that the BEST price has reached.
In a recent development, a record-breaking BEST burn event took place on January 28, 2022. A total of 35,722,204 BEST were destroyed, equivalent to €12,002,660. This event follows another burn event that occurred on October 29, 2020, where 28,309,516 BEST were destroyed, equivalent to €2,462,928.
The latest BEST burn event was recapped by Bitpanda's Co-founder and former Co-CEO, Paul Klanschek. Klanschek, who is known as the technical brain behind the company, stepped down from his Co-CEO role and moved to the board of the holding company as of October 2025. While there is no information suggesting he is the CEO of BEST, he has spoken publicly about the BEST token within Bitpanda's ecosystem.
The burning of BEST tokens is part of Bitpanda's strategy to increase the scarcity of the token, thereby potentially driving up its value.
The adoption of BEST is also on the rise. In January, the number of users claiming BEST rewards increased by 75% compared to December, reaching a new all-time-high of over 70,000 users. Moreover, 26% of Bitpanda's active traders are currently using BEST to pay for their trading premiums.
For those interested in keeping up with the latest news regarding BEST and other projects, the Bitpanda blog is a great place to start. The Bitpanda Card, which can be pre-ordered on the website, allows users to spend any asset instantly, including BEST.
As the BEST token continues to grow in popularity and value, it's clear that it's a cryptocurrency to keep an eye on.
