Bitpanda permits cryptocurrency payments to be done with fiat, SEPA, Credit and debit card, Bank transfer, Skrill, and EuroWallet. Users in Europe can buy KMD with fiat currency now. The simplified process makes the purchase of Komodo cheaper and more accessible.
Bitpanda formerly known as Coinimal offers trading of leading cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The users can buy cryptocurrencies with fiat currencies –EUR, GBP, CHF, USD.
Komodo is a transparent, anonymous, and private cryptocurrency, which makes fungible transactions through a Delayed Proof of Work protocol. The blockchain was forked from Zcash and is one of the top most stable and secure cryptocurrencies.
Initially, after the listing, the exchange will provide a trade-only option meaning KMD can only be bought and sold. This is done to speed up the procedure allowing even more cryptocurrencies to be added regularly. The full KMD wallet is planned to be released soon.
Not only that but in March 2018, the team of Komodo supported the upcoming Pantos ICO an open-source cryptocurrency project of BitPanda.
Komodo coin does not have many fiat trading options. The announcement is huge not only for the coin, but altcoins in general. To purchase coins and tokens with fiat money is being adopted by many cryptocurrency exchanges.
Crypto enthusiasts are excited about the various payment methods for KMD trading. According to the community, BitPanda is believed to be a trustworthy exchange and has taken many necessary steps to improve its overall functionality and design to provide a better user experience.
The market analysts are also waiting to see how high the Komodo price can go, as a result of the exchange listing. Today, the KMD coin was trading at $1.40 against the dollar. Some are positive that the current positive price trend will reach $2.00 by the end of the month.