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Bitpanda, one of the largest fiat-to-crypto exchanges in Europe, has announced the integration of VeChain (VET) into its trading platform.

This was announced a couple of hours ago via the official Twitter handle of the exchange. According to the announcement, users can now buy, sell, and swap the digital token VET on Bitpanda.

Additionally, users of the exchange are liable to win €5,000 worth of VET. This giveaway is specially allocated to celebrate the integration of VET into Bitpanda.

“When Vechain? Now! As of today, you can buy, sell, and swap VeChain on Bitpanda. And that’s not all! To celebrate the integration of VET, we’re giving away €5,000 worth of VeChain,” Bitpanda reported.

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How Users Could Win the €5,000 Giveaway

According to the report, the giving away of the sum of €5,000 will start on 8th September 2020, at 00:00 CEST, and will end on 14th September 2020, at 23:59 CEST.

The exchange says the first prize is €3,000 worth of VET. The top 10 participants with the highest amount of VET purchased will receive €300 worth of VET each.

While the second prize is €2,000 worth of VET. Ten participants (outside of the top 10 participants) who are BEST VIP level 1 and above, who trade any amount of VET, will be randomly selected to receive €200 worth of VET each.

The exchange added that the lucky winners will be credited in their Bitpanda wallets within a week.

VeChain Foundation Reacts to the New Development

In response to the announcement, VeChain Foundation acknowledged the listing of VET by the top exchange as a big move to enhance the liquidity of the cryptocurrency among crypto enthusiasts in Europe.

VeChain Foundation responded:

“We’re happy to announce that VET is now fully available on Bitpanda, one of the largest fiat-to-crypto exchanges in Europe! Buy, sell and swap VeChain tokens with a multitude of different payment methods and win 5000 EUR in VET! Thank you Bitpanda for the support!”

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Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.