Bitpanda Pro’s Spin Off and Rebrand to One Trading
Why is Bitpanda Pro evolving to become One Trading?
Bitpanda Pro has evolved to become its own business as One Trading, so we can channel our resources and expertise more effectively to serve the unique requirements of our sophisticated retail and institutional customers. This will enable One Trading to focus on developing a best-in-class platform tailored to these segments.
Is One Trading still part of Bitpanda?
One Trading is a standalone company that has been spun off from Bitpanda. Although it is no longer directly part of Bitpanda, One Trading continues to be supported by Bitpanda, as well as leading venture capital firms such as Speedinvest, Middlegame, and Valar. This backing from both Bitpanda and prominent investors ensures that One Trading has the resources and expertise needed to provide best in class solutions to its customers..
Does Bitpanda own One Trading?
One Trading operates as a separately operated company with a dedicated management team and a diverse group of investors, which Bitpanda is proud to be a part of, holding a minority stake in One Trading. Together with other investors, Bitpanda contributes to the success of One Trading, ensuring that customers receive exceptional solutions and services.
Where is One Trading based?
One Trading is proudly based in Europe. We have offices in vibrant cities such as Amsterdam, London, Milan. These strategic locations enable us to tap into talent pools, and foster valuable collaborations.
Is One Trading Regulated?
One Trading takes regulatory compliance seriously to ensure a secure and trustworthy trading environment. Currently, One Trading holds a VASP (Virtual Asset Service Provider) licence in Italy, which authorises us to provide Spot Trading services, including both Exchange and Over-the-Counter (OTC) trading, as well as Custody services.
Furthermore, we are pleased to announce that we are in the process of obtaining a comprehensive trading venue licence in the Netherlands. This upcoming licence will enable us to offer derivatives trading, expanding our offerings to better meet the needs of our customers.
By adhering to regulatory requirements and obtaining appropriate licences, One Trading aims to provide a regulated and compliant platform for our customers' peace of mind and confidence in their trading activities.
Are my assets protected in the event of One Trading bankruptcy or insolvency?
We hold the crypto assets of our customers under a trust arrangement that protects the customers' rights, so that One Trading's insolvency would not affect the customers' rights to those crypto assets. This is in line with strictest requirements and also caters for the future implementation of MiCAR (the European Markets in Crypto Assets Regulation).
Where can I find One Trading?
You can find One Trading online at our official website, www.onetrading.com. Additionally, you can download the One Trading mobile app from both the App Store (for iOS devices) and the Play Store (for Android devices). Our user-friendly platform is designed to provide you with seamless access to our trading services whether it's through our website or mobile app.
What is the One Trading roadmap?
Our roadmap at One Trading is focused on two main objectives. Firstly, we are striving to launch the world's fastest exchange, delivering a seamless and efficient trading experience. Secondly, we aim to introduce regulated derivatives to the market for all EU customers, expanding trading opportunities. These milestones demonstrate our commitment to innovation and enhancing the trading experience on our platform.
Is One Trading just for Businesses?
One Trading welcomes a wide range of customers, beyond just businesses. Our platform is designed to serve retail investors, corporates, financial institutions, funds, and even crypto enthusiasts. Whether you're an individual looking to enter the world of trading or a seasoned professional in the finance industry, One Trading provides a comprehensive solution that meets the needs of various customer segments. We aim to create an inclusive and accessible trading environment for all.
Will One Trading compete with Bitpanda?
One Trading and Bitpanda serve different user segments and have distinct focuses. Rather than competing with Bitpanda, One Trading complements the services provided by Bitpanda by offering specialized solutions tailored to the needs of more experienced traders. Both platforms work in harmony to cater to different user segments and provide a comprehensive range of options within the broader ecosystem.
Is One Trading a newly established company?
No, One Trading is not a new company, but continues to operate with the same (until now so called Bitpanda Pro-)entities. Bitpanda Pro has therefore simply changed its name. If you were a customer of Bitpanda Pro prior to the rebranding, you remain a customer of One Trading, and no "new" or "other" entity is involved.
Was Bitpanda Pro sold to One Trading?
Bitpanda Pro has not been sold to a new owner, but conducted a Series-A investment round, after which Bitpanda GmbH remains invested. No assets of Bitpanda Pro/One Trading or its customers have been sold. One Trading decided to spin out from Bitpanda and benefit from faster product rollout, quicker listings, and provide deep liquidity and an improved user experience on the exchange platform.