Bitpanda Launch Digitized Palladium and Platinum Trading

Bitpanda Launch Digitized Palladium and Platinum Trading

Bitpanda Metals, the service that allows you to invest in precious metals, has expanded and now offers the ability to trade palladium and platinum.

The established service already allowed users to purchase gold and silver via the service but with these latest two additions, traders can diversify their portfolio by investing in these two additional metals. Which, the platform assures, are “physically-backed, 100% insured and safely stored in a vault in Switzerland”.

Bitpanda Metals have also confirmed that these will be available to users for very reasonable prices. Offering low buying premiums which are set at 2.2% for palladium, 2.5% for platinum. 

There is also the added benefit that there are no storage or insurance fees attached to these materials for up to the first 20 grams that you purchase from Bitpanda, which was already the case for other existing buyable metals from the platform. Following this, though, there will be additional charges per week. However, these still remain at a reasonable price of 0.025% for both palladium and platinum.

Both Palladium and Platinum can be traded via Bitpanda with the use of any of the other assets that are available on Bitpanda. This ensures that gaining access to these metals is a straightforward procedure. They can also be invested in on a daily, weekly, biweekly or monthly basis as they will be also be incorporated into the Bitpanda Savings element of their service.

Head over to Bitpanda to get involved in these new options to buy and trade precious metals, as well as any other crypto trading needs.

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