Bitpanda has introduced its partnership with Coinbase to the community. The objective is to reach out to as many institutional clients of Coinbase as possible, enabling them to leverage the power of Investing as a Service, also known as IaaS. Institutional clients of Coinbase include banks and other similar platforms.
As of now, it has been learned that the reach will be to clients who are located out of the US markets. Meaning the European market is very much in the play.
What strengthens the collaboration between Bitpanda and Coinbase is the common goal of making investments in digital assets safe, secure, and simple for all traders. Both partners bring to the table respective benefits. For instance, Bitpanda gains access to the clientele of Coinbase in the European market. Similarly, Coinbase will see itself getting added to the list of Bitpanda’s liquidity providers.
Additionally, Coinbase will be able to utilize the regulatory licensing framework of Bitpanda along with its KYC as a service option, helping Coinbase quickly speed its time to market in Europe.
Coinbase is one of the best crypto exchanges in the USA, known for its offering of liquidity and blockchain technology. Coinbase, too, is a core believer in the fact that cryptocurrency has a long way to go. Blockchain has a lot to offer, and it can be explored to grant economic freedom to people across the world.
Having said that, Bitpanda believes that digital investment has a brighter future ahead. Since institutional clients are backing the concept, the community can see Bitpanda advance the cause of making the route seamless and swift to meet the rising demands of investment solutions. A collaboration with Bitpanda, or any other venture for that matter, is critical if institutional clients want to grow.
It takes years to develop investment solutions; however, Bitpanda already has that in its pocket. Clients will neither have to invest their time nor resources incoming with the same solution. Going alone could bring outdated products to the market after incurring high costs.
Instead, banks and other financial institutions can utilize the capabilities of Bitpanda to meet the demand. The most interesting aspect of Bitpanda is that it enables clients to set their own designs and brand name.
Bitpanda is headquartered in Vienna, Austria, with over 25 cryptocurrencies listed on the platform. It was founded in 2014 and is now spread across the globe in all the regions where it has gained regulatory approval. Features that are the highlights of Bitpanda are an easy user interface, reputation, and privacy & security. Details about these features can be read in our Bitpanda review. It also talks about the process of getting started with Bitpanda.
Coinbase joining hands with Bitpanda signals that institutional clients have a lot to experience. Investment in digital assets may have been a costly activity, but that can soon change, provided both parties continue working together.