The exchange platform, BitPanda, has unveiled a new BitPanda Pay service which will allow you more freedom to use your BitPanda balance in everyday life. BitPanda will allow users to bridge the gap between your holdings in the cryptocurrency world and the financial services you need to take off in the real-world. The new service allows you to send money to an IBAN in the European Union, as well as further afield, from your verified Bitpanda account. This should allow you to transfer money to friends, family or acquaintances, as well as more importantly, pay your bills directly from your BitPanda account as and when you please. Bitpanda Pay has been created by a licensed subsidiary of Bitpanda and setting up the service has been described as “easy as one-two-three” and the interface makes these transactions easy to conduct. BitPanda Pay already supports many crypto assets which can be converted directly to fiat in order to make the payments you need in the real-world. However, the plan according to BitPanda is to expand these available options so that users are unhindered in making the most of their crypto balance. Ultimately, BitPanda Pay promises to drive the platform forward in terms of functionality and accumulates your investments and financial services into one place. This is the latest in a series of updates from BitPanda, including the listings of two new precious metals on their BitPanda Metals service, and the introduction of low rates when using on their native, BEST, token.