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Bitpanda Going The Binance Way, Issuing Own Token

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As cryptocurrencies get more attention, it’s now a supremacy battle between cryptocurrency exchanges. To win the fight, exchanges have over time created unique products to help them appeal traders.

For example, Binance, a leading crypto exchange in the world, introduced its native currency, BNB, that would, among other things, enable its holders to enjoy a discount when trading. To top it up, they recently launched their mainnet and an initial exchange offering platform via the Binance Launchpad.

Because of this, their recent coin support is gravitating away from ETH fueling rumors that Changpeng is probably sidelining Ethereum as a competing ...

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