- CEO of Bitpanda claimed investors wish for the combined features of TradFi and DeFi.
- Bitpanda added commodities like oil, natural gas, wheat, and more to its list of investment options.
- The combined features of DeFi and TradFi could create an ecosystem where investors can have easy accessibility, more rewards, and fewer risks.
Eric Demuth, CEO of Bitpanda, claimed investors wish for the combined features of traditional finance (TradFi) and decentralized finance (DeFi). Demuth also mentioned that Bitpanda aims to provide a combined ecosystem of DeFi and TradFi by also including commodities among its many investment options.
Bitpanda added commodities like oil, natural gas, wheat, and more to its list of investment options. This will allow investors to benefit from “short-term” price fluctuations.
In an interview, the CEO of Bitpanda said:
I’m excited we’ve been able to add commodities to the platform at a time when inflation is biting into people’s savings.
Additionally, Bitpanda will offer £1000 worth of $BEST to three random investors who invest a minimum of £50 in Bitpanda commodities. This offer will be between September 6 to September 12.
We’ll give away €1,000 worth of $BEST to three users who invest a minimum of €50 in Bitpanda Commodities between September 6, 00:00 (CEST) and September 12, 23:59 (CEST). So, that means €3,000 will be raffled between 3 users.
— Bitpanda (@bitpanda) September 6, 2022
Demuth also explained that investors wish to trade safely and conveniently. He further mentioned that TradFi is changing to meet the investor’s desires. TradFi and Defi may have differences, but the combined features of DeFi and TradFi could create an ecosystem where investors can have easy accessibility, more rewards, and fewer risks.
Bitpanda CEO also claimed that crypto investors are very involved in trading, and appreciate the simplicity offered by platforms that allow them to make quick and easy investments in multiple asset classes.
Demuth also mentioned that even when TradFi becomes advanced, the public needs to be educated about the pros and cons of each asset.
Bitpanda is an investment platform for digital assets, including more than 30 cryptocurrencies. The company claims to have onboarded more than 2.5 million users.
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