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Bitpanda welcomes 500,000 new users in Q2 2024, bringing total private investors to over 5 million. Founded in 2014, Bitpanda reached 1 million users in 2019 and now stands as Europe’s leading crypto broker. Bitpanda Surpasses 5 Million Private Investors: A Milestone in Crypto Trading Vienna, June 25, 2024 – Bitpanda, Europe’s leading cryptocurrency broker, has announced that it now serves over 5 million private investors, following the addition of 500,000 new users in the second quarter of 2024. This significant growth highlights the increasing trust and interest of European investors in the secure trading of digital assets. Exponential Growth and Strategic Investments Bitpanda, founded in 2014, has seen a rapid expansion of its user base over the years. The company reached its first million private customers in 2019, and by 2023, this number had quadrupled. By June 2024, the platform proudly announced it had surpassed the 5 million user mark. This growth trajectory underscores Bitpanda’s strategic investments and robust platform capabilities. In recent years, Bitpanda has invested heavily in new products and business areas, positioning itself for the next wave of growth in the cryptocurrency market. The company secured several key licenses from major regulatory bodies, including BaFin, ensuring compliance with stringent regulatory standards. Furthermore, Bitpanda successfully relaunched its B2B-focused White-Label solution, Bitpanda Technology Solutions, and established vital partnerships with prominent banking institutions such as Deutsche Bank, N26, LBBW, and Raiffeisen. These strategic moves have significantly increased investor interest from across Europe, bolstering Bitpanda’s status as the premier crypto broker in the region. Financially, the company has also reported impressive results, with revenues exceeding 100 million euros in the first quarter of 2024 alone. Leadership Insights Eric Demuth, Bitpanda’s co-founder and CEO, emphasized the company’s continuous innovation and rapid growth. He stated, “Our continuous innovation and swift expansion underscore…

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Filed under: News - @ June 25, 2024 7:14 pm