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File: D:/hMailServer/Data/showfile.com/admin/66/{6662C5AF-B692-4A78-B1CE-C537527AD543}.eml
Message-ID: <DA.4B.57213.16FFEA96@i-0f649643bf28ba518.mta3vrest.sd.prd.sparkpost>
Subject: Bitpanda Margin Trading has landed
From: "Bitpanda" <no-reply@newsletter.bitpanda.com>
To: vince@showfile.com
Date: Mon, 09 Mar 2026 17:12:01 +0000
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Don=E2=80=99t invest unless you=E2=80=99re prepared to lose all the money y=
ou invest. This is a high-risk investment and you should not expect to be p=
rotected if something goes wrong. [Take 2 mins to learn more](https://click=
s.bitpanda.com/f/a/TlACNfzGWpOFrMYj3k7szw~~/AAAHahA~/dXznBUNj1_OedMdbriLwWO=
7fIdU1FscN0kNNy3q4ha4od6KnC4cgfCM3-hmZUpF1PRbHIlRIE1sVwQoOdqLslLOJ-z-y9ALPy=
gnqU3QoUEbQO5BjskCBvcn1Ycea7aTFsHo6YvF9si3XN4iBSVrVIQ~~).=0A=0A=0A=0A[Bitpa=
nda Logo](https://clicks.bitpanda.com/f/a/HEuAN0lma-XK7vP3zhNT7g~~/AAAHahA~=
/6JGRDrwctOssmHyf_z7qE8blbHeUTJqojPAdjcYrGU5naVVb_cw5eUL4ftCxKR_UD2G5voalE5=
WQLgh-oIW7c3lb97qSH38xIDNMZZNu1FeHWyAOS_4kaL-9VNQGSqyd)=0A[Bitpanda Logo](h=
ttps://clicks.bitpanda.com/f/a/HEuAN0lma-XK7vP3zhNT7g~~/AAAHahA~/6JGRDrwctO=
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3lb97qSH38xIDNMZZNu1FeHWyAOS_4kaL-9VNQGSqyd)=0A=0A[]()=0A=0A=0A[: ]()=0A=0A=
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://clicks.bitpanda.com/f/a/qrFMasw798TagH9LIGx7CA~~/AAAHahA~/OrJ69idLTeD_aG=
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AJMcRHQBTBZMIOA2UMUI7RUv7gjFF2IFH4p0ON50tZHVF-FBp0R6Up5x1rx-Q~~)=0A[X](http=
s://clicks.bitpanda.com/f/a/9aOAXgzoXrr5ykEdB0ErUw~~/AAAHahA~/jb6J9r100DqLx=
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gkjzwsNYfOq1iCtYyueUwqc7TzUWQ7G6dSGWN20V)=0A[TikTok](https://clicks.bitpand=
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51EuonskfQfPN0pvsno6ErR1dY_G8KL1KhHM3GfN9nFElGLa7WfzfwFWFf2_GzeKCHdQLQZSuEq=
LTR94Nu8yU0nViW2i8ZWzD)=0A[Telegram](https://clicks.bitpanda.com/f/a/Tdbzfn=
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yMix7DtSYyNqKwMW4nhZ8s-bOwWkJRWrNV-eLMugYcWUqMchNED02vrxHxudA4G56-ZFARV9m23=
laEAtOoAJC5Q2kRk-sxAclngzk8EvcW3o7IMP4J-eIJhjOOiKSalZl5ImgA8px5gLsb5DH)=0A[=
YouTube](https://clicks.bitpanda.com/f/a/sly9XAMvtZnSLFsKmu_zHw~~/AAAHahA~/=
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POVmu9e7fSrG0lSr8DUnJV4TpEAj_1XYl3iVl2GB7EdYm1i47_iFEkuBeKj7q7re0AXcvFwA85w=
~~)=0A[Reddit](https://clicks.bitpanda.com/f/a/thudM7Cm9z0oh_rqAwMCBA~~/AAA=
HahA~/ChNTbqH0bQPnP-3sIisdWFMU2B-jGeqZGH0MvlDsMvxO9AU16gOiW_RtySHRKAMvWePlN=
vxTG2HChV1U_7s1hI4kCvPCCSnBEX8KDCIkGXxDwqM3zrjX4FUxpCsIzVgI)=0A[Linkedin](h=
ttps://clicks.bitpanda.com/f/a/12gugXTpdimVZ9DZ2vCg1g~~/AAAHahA~/OrJ69idLTe=
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CT9uXG2jh_s7agJbLMyGDej3naTxv-JIuNcl_K0hiQiwpnbCd3pDQrq1BlKcl4I2w~~)=0A=0A=
=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0ANeed assista=
nce=3F Reach out via our <a href=3D"https://clicks.bitpanda.com/f/a/VCFR1lf=
Cc-zdFSHfVOiDTQ~~/AAAHahA~/Bhr63Pg3FUWLrJu4zztX2dY0hXW_MqyjiGkQWc_-qgX7yKaP=
rgxhJbaY9A6RK5Kei4uhBSA3dpAMck1VaupOmcpjXcc3RyZcTSdztXwDf75a36PgDFqQvWUlqJf=
vyZ4D >Helpdesk</a> anytime.=0A=0A=0A=0AIf you prefer not to receive=0Aprom=
otional messages, you may unsubscribe here (=0Ahttps://clicks.bitpanda.com/=
f/a/bac76PLwUHDBuMXuclHacw~~/AAAHahA~/Ms-jekxjFmXx72lUqU0oYa00iXyB67-Opx5Gp=
iF3rUEKs_PJIB0sS-w_i9GxEoo_XV1ZOn052KzErvSY_8A_kAlfZJs7cBoN_F7iC4_Cn-VN1fKU=
8a_rtkiP4vs4QJW5_v43iZ1uHbc_TUTlqKROr3NUCFybnuSMBlESEzPpD203ZBgGVb7FKbbwHW7=
Js5GGsHhbyS3cVzclgN0A8QopUA~~=0A).=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=
=0A=0A=0A=0A=0A=0A=0A=0ABitpanda Broker UK Ltd: Bitpanda Broker UK Ltd, a c=
ompany incorporated in England and Wales with company number 11412485 and r=
egistered with the UK Financial Conduct Authority (FCA) pursuant to Regulat=
ion 14A of The Money Laundering, Terrorist Financing and Transfer of Funds =
(Information on the Payer) Regulations 2017 for the conduct of cryptoasset =
services under firm reference number FRN 925234.=0A=0A=0A=0A=0A=0A=0A=0A=0A=
=0A=0A=0A=0A=0A=0A=0A=0ADon=E2=80=99t invest unless you=E2=80=99re prepared=
 to lose all the money you invest. This is a high-risk investment and you s=
hould not expect to be protected if something goes wrong. <a href=3D"https:=
//clicks.bitpanda.com/f/a/X2z1W8FdsyLwUWfCqvMzCQ~~/AAAHahA~/r-gvpfH4PrJ2Is7=
eha3sZ_1ZkHWWSC1F1Wo6Pf1UPOi5tbZIHsBdEF-2Gl80p47aYrqiMeCjBiKc7qhgQjxL7jZC3R=
nKHEGz5PtpAlvwbt2oIdfWToEaAx_qyWh34b198_vDu7Abq8pmpWUt45xpN9VA-y_8ILrGucQs0=
YA0qKU~ 2 mins to learn more.</a>=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=
=0A=0A=0ATerms and conditions apply (=0A ).=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=
=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A Atlantic House, Holborn=0AViaduct, Lon=
don EC1A2FG, United Kingdom=0A=C2=A9 2026 Bitpanda GmbH. All rights=0Areser=
ved. 
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lor:#ffffff;line-height:1px;max-height:0px;max-width:0px;opacity:0;overflow=
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style=3D"background-color:transparent;line-height:0;font-size:0;direction:l=
tr;">=0A<!--[if mso | IE]><table role=3D"presentation" border=3D"0" cellpad=
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cal-align:top;width:100%;"><table border=3D"0" cellpadding=3D"0" cellspacin=
g=3D"0" role=3D"presentation" style=3D"border-radius:0px;vertical-align:top=
;" width=3D"100%">=0A<tr><td style=3D"font-size:0px;word-break:break-word;"=
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on" style=3D"font-family:Ubuntu, Helvetica, Arial, sans-serif;font-size:13p=
x;line-height:1;width:100%;"><tr><td style=3D"vertical-align:top;"><!--  --=
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v class=3D"links-282828-underline"><div style=3D"font-family:'Inter', Segoe=
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0.875em;color:#282828;" class=3D"mso-font-size-12px font-size-12px"><p styl=
e=3D"margin: 0;">Don=E2=80=99t invest unless you=E2=80=99re prepared to los=
e all the money you invest. This is a high-risk investment and you should n=
ot expect to be protected if something goes wrong. <a href=3D"https://click=
s.bitpanda.com/f/a/LpC1dt4kHNraDKp5TxaUtw~~/AAAHahA~/S2kx0rHv7BgXCjShmcTII8=
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EpGfZlTQyDewuRESTdqWZATFUZGmsKYKEsr1RPGvNowjMdD-UGhXu8MeDHZzA3euLsf_K30INM~=
" target=3D"_blank" rel=3D"noopener" style=3D"color: rgb(40, 40, 40); text-=
decoration: underline;">Take 2 mins to learn more</a>.</p></div></div></td>=
</tr>=0A<tr><td style=3D"font-size:0px;word-break:break-word;"><table borde=
r=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"=
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ng=3D"0" role=3D"presentation" style=3D"width:100%;"><tr><td style=3D"font-=
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ical-align:top;width:100%;"><table border=3D"0" cellpadding=3D"0" cellspaci=
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f=3D"https://clicks.bitpanda.com/f/a/dj9PZtmt1w9BWJvjbL96MQ~~/AAAHahA~/_eue=
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target=3D"_blank" style=3D"text-decoration: none; color: #16764D;"><img alt=
=3D"Bitpanda Logo" height=3D"auto" width=3D"600" src=3D"https://cdn.braze.e=
u/appboy/communication/assets/image_assets/images/6877b16695156d0090404ef2/=
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></tr>=0A<!--[if !mso]><!--><tr><td class=3D"hide-on-desktop img-container"=
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yV7N0RCWujR-ASum8KNfujLpvpTkNPtwzrH59ju2oYmoK7TSBV4YZBWeAvn-5RlVT1mMK0Khz8n=
9h_igoXN5Ee_F4alNXo2glISE7g~~" target=3D"_blank" style=3D"text-decoration: =
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600" src=3D"https://cdn.braze.eu/appboy/communication/assets/image_assets/i=
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=3D"line-height:0;font-size:0;direction:ltr;">=0A<!--[if mso | IE]><table r=
ole=3D"presentation" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><=
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"margin:0 auto;"><a href=3D"https://clicks.bitpanda.com/f/a/53xhNPL4Nub2DhK=
QTVmNOg~~/AAAHahA~/fc5HLz68IMUBcIsu9QUM21S-qv0kUEzLsjHjn69EsaUWrJyvqUxMk1YN=
BBiECI9IgzuNVNUoJ_Gm-RgAk4IwYArgJV_h9mzJ-bIIYfj6gQI4cIkyilI2H7QF2r1opk3gl7m=
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=3D"border-spacing:0;border-collapse:collapse;mso-table-lspace:0pt;mso-tabl=
e-rspace:0pt;"><tr><td align=3D"center" class=3D"mso-button-dark-mode"><a:r=
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der-radius:0px;border-left:1px solid #F4F4F4;border-right:1px solid #F4F4F4=
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tion:ltr;">=0A<!--[if mso | IE]><table role=3D"presentation" border=3D"0" c=
ellpadding=3D"0" cellspacing=3D"0"><tr><td style=3D"vertical-align:top;widt=
h:600px;" ><![endif]--><div class=3D"mj-column-per-100 mj-outlook-group-fix=
" style=3D"font-size:0px;text-align:left;direction:ltr;display:inline-block=
;vertical-align:top;width:100%;"><table border=3D"0" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation" style=3D"border-radius:0px;vertical-ali=
gn:top;" width=3D"100%"><tr><td class=3D"padding-24px-48px-24px-48px text-c=
ontainer" style=3D"font-size:0px;padding:16px 16px 16px 16px;word-break:bre=
ak-word;mso-padding-alt:24px 48px 24px 48px;text-align:center;"><div class=
=3D"links-16764D"><div style=3D"font-family:'Bitpanda Compressed', Helvetic=
a, Arial, sans-serif;font-size:34px;font-weight:700;letter-spacing:none;lin=
e-height:0.90;text-align:center;mso-line-height-alt:1.938em;color:#282828;"=
><p style=3D"margin: 0 0 0px 0;">INTRODUCING: MARGIN TRADING</p></div></div=
></td></tr></table></div>=0A<!--[if mso | IE]></td></tr></table><![endif]--=
>=0A</td></tr></table></td></tr></table></div>=0A<!--[if mso | IE]></td></t=
r></table><![endif]-->=0A</div></td></tr></table>=0A<table align=3D"center"=
 border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" sty=
le=3D"width:100%;" class=3D"section"><tr><td align=3D"center"><div role=3D"=
none">=0A<!--[if mso | IE]><table align=3D"center" border=3D"0" cellpadding=
=3D"0" cellspacing=3D"0" class=3D"block-grid-outlook" style=3D"width:600px;=
" width=3D"600" ><tr><td style=3D"line-height:0px;font-size:0px;mso-line-he=
ight-rule:exactly;"><![endif]--><div style=3D"margin:0 auto;max-width:600px=
;"><table align=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"=
 role=3D"presentation" style=3D"width:100%;"><tr><td style=3D"font-size:0px=
;padding:0px 0px 0px 0px;text-align:center;vertical-align:top;mso-padding-a=
lt:0px 0px 0px 0px;" class=3D"block-grid"><table align=3D"center" border=3D=
"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" width=3D"100%=
"><tr><td style=3D"line-height:0;font-size:0;direction:ltr;">=0A<!--[if mso=
 | IE]><table role=3D"presentation" border=3D"0" cellpadding=3D"0" cellspac=
ing=3D"0"><tr><td style=3D"vertical-align:top;width:600px;" ><![endif]--><d=
iv class=3D"mj-column-per-100 mj-outlook-group-fix" style=3D"font-size:0px;=
text-align:left;direction:ltr;display:inline-block;vertical-align:top;width=
:100%;"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"pre=
sentation" style=3D"border-radius:0px;vertical-align:top;" width=3D"100%"><=
tr><td class=3D"padding-0px-48px-24px-48px text-container" style=3D"font-si=
ze:0px;padding:0px 16px 24px 16px;word-break:break-word;mso-padding-alt:0px=
 48px 24px 48px;text-align:center;"><div class=3D"links-16764D"><div style=
=3D"font-family:'Inter', Segoe UI, Roboto, Helvetica, Arial, sans-serif;fon=
t-size:16px;font-weight:normal;letter-spacing:none;line-height:1.60;text-al=
ign:center;mso-line-height-alt:1.813em;color:#282828;" class=3D"mso-font-si=
ze-18px font-size-18px"><p style=3D"margin: 0 0 0px 0;">You asked and we an=
swered. We=E2=80=99ve brought Margin Trading to Bitpanda UK! =0A<br><br>=0A=
You can now trade over 120 cryptoassets with leverage with a 0% buy fee. Th=
is allows you to increase your market exposure with less capital. =0A<br><b=
r>=0AMargin trading magnifies market exposure, amplifying both potential re=
turns and losses. Tools like Stop-Loss can help manage this risk but do not=
 eliminate it. </p></div></div></td></tr></table></div>=0A<!--[if mso | IE]=
></td></tr></table><![endif]-->=0A</td></tr></table></td></tr></table></div=
>=0A<!--[if mso | IE]></td></tr></table><![endif]-->=0A</div></td></tr></ta=
ble>=0A<table align=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" role=3D"presentation" style=3D"width:100%;" class=3D"section"><tr><t=
d align=3D"center"><div role=3D"none">=0A<!--[if mso | IE]><table align=3D"=
center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=3D"block-gri=
d-outlook" style=3D"width:600px;" width=3D"600" ><tr><td style=3D"line-heig=
ht:0px;font-size:0px;mso-line-height-rule:exactly;"><![endif]--><div style=
=3D"margin:0 auto;max-width:600px;"><table align=3D"center" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"width:100%=
;"><tr><td style=3D"font-size:0px;padding:0px 0px 24px 0px;text-align:cente=
r;vertical-align:top;mso-padding-alt:0px 0px 24px 0px;" class=3D"block-grid=
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role=3D"presentation" width=3D"100%"><tr><td style=3D"line-height:0;font-si=
ze:0;direction:ltr;">=0A<!--[if mso | IE]><table role=3D"presentation" bord=
er=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr><td style=3D"vertical-alig=
n:top;width:600px;" ><![endif]--><div class=3D"mj-column-per-100 mj-outlook=
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line-block;vertical-align:top;width:100%;"><table border=3D"0" cellpadding=
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ertical-align:top;" width=3D"100%">=0A<tr><td valign=3D"middle" class=3D"hi=
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=3D"center"><div>=0A<!--[if mso]><table width=3D"100%" align=3D"center" bor=
der=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"border-spacing:0;bor=
der-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td a=
lign=3D"center" class=3D"mso-button-dark-mode"><a:roundrect xmlns:a=3D"urn:=
schemas-microsoft-com:vml" xmlns:w=3D"urn:schemas-microsoft-com:office:word=
" href=3D"https://clicks.bitpanda.com/f/a/53xhNPL4Nub2DhKQTVmNOg~~/AAAHahA~=
/fc5HLz68IMUBcIsu9QUM21S-qv0kUEzLsjHjn69EsaUWrJyvqUxMk1YNBBiECI9IgzuNVNUoJ_=
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A~~" fillcolor=3D"#103E36" arcsize=3D"10%" style=3D"v-text-anchor:middle;wi=
dth:117pt;height:30pt;" strokecolor=3D"#103E36" strokeweight=3D"0.75pt" ><w=
:anchorlock/><a:textbox inset=3D"0,0,0,0"><center style=3D"color:#ffffff; f=
ont-family:sans-serif, Arial; font-size:16px" class=3D"mso-text-white"><![e=
ndif]--> <a href=3D"https://clicks.bitpanda.com/f/a/53xhNPL4Nub2DhKQTVmNOg~=
~/AAAHahA~/fc5HLz68IMUBcIsu9QUM21S-qv0kUEzLsjHjn69EsaUWrJyvqUxMk1YNBBiECI9I=
gzuNVNUoJ_Gm-RgAk4IwYArgJV_h9mzJ-bIIYfj6gQI4cIkyilI2H7QF2r1opk3gl7mnMcdmLpk=
1XqqaoIclFA~~" style=3D"display: inline-block; width: auto; background: #10=
3E36; color: #FFFFFF; font-family: 'Inter', Segoe UI, Roboto, Helvetica, Ar=
ial, sans-serif; font-size: 15px; font-weight: 500; line-height: 1.2; margi=
n: 0; text-align: center; text-decoration: none; text-transform: none; padd=
ing: 10px 24px 10px 24px; mso-padding-alt: 0px; border-radius: 4px; border-=
left: 1px solid #103E36; border-right: 1px solid #103E36; border-top: 1px s=
olid #103E36; border-bottom: 1px solid #103E36; mso-border-alt: none; box-s=
izing: border-box;" target=3D"_blank" width=3D"157">Explore here </a><!--[i=
f mso]></center></a:textbox></a:roundrect></td></tr></table><![endif]-->=0A=
</div></td></tr>=0A<!--[if !mso]><!--><tr><td valign=3D"middle" class=3D"hi=
de-on-desktop button-container" style=3D"display: block; font-size: 0px; pa=
dding: 0px 16px 0px 16px; word-break: break-word; text-align: center;" alig=
n=3D"center"><div>=0A<!--[if mso]><table width=3D"100%" align=3D"center" bo=
rder=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"border-spacing:0;bo=
rder-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td =
align=3D"center" class=3D"mso-button-dark-mode"><a:roundrect xmlns:a=3D"urn=
:schemas-microsoft-com:vml" xmlns:w=3D"urn:schemas-microsoft-com:office:wor=
d" href=3D"https://clicks.bitpanda.com/f/a/53xhNPL4Nub2DhKQTVmNOg~~/AAAHahA=
~/fc5HLz68IMUBcIsu9QUM21S-qv0kUEzLsjHjn69EsaUWrJyvqUxMk1YNBBiECI9IgzuNVNUoJ=
_Gm-RgAk4IwYArgJV_h9mzJ-bIIYfj6gQI4cIkyilI2H7QF2r1opk3gl7mnMcdmLpk1XqqaoIcl=
FA~~" fillcolor=3D"#103E36" arcsize=3D"11%" style=3D"v-text-anchor:middle;w=
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![endif]--> <a href=3D"https://clicks.bitpanda.com/f/a/53xhNPL4Nub2DhKQTVmN=
Og~~/AAAHahA~/fc5HLz68IMUBcIsu9QUM21S-qv0kUEzLsjHjn69EsaUWrJyvqUxMk1YNBBiEC=
I9IgzuNVNUoJ_Gm-RgAk4IwYArgJV_h9mzJ-bIIYfj6gQI4cIkyilI2H7QF2r1opk3gl7mnMcdm=
Lpk1XqqaoIclFA~~" style=3D"display: table; width: 100%; background: #103E36=
; color: #FFFFFF; font-family: 'Inter', Segoe UI, Roboto, Helvetica, Arial,=
 sans-serif; font-size: 15px; font-weight: 500; line-height: 1.2; margin: 0=
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ding: 0; mso-padding-alt: 0px; border-radius: 4px; mso-border-alt: none; bo=
x-sizing: border-box;" target=3D"_blank" width=3D"550"><span style=3D"displ=
ay:table-cell;padding:10px 24px 10px 24px;border-radius:4px;border-left:1px=
 solid #103E36;border-right:1px solid #103E36;border-top:1px solid #103E36;=
border-bottom:1px solid #103E36;mso-border-alt:none;">Explore here </span><=
/a><!--[if mso]></center></a:textbox></a:roundrect></td></tr></table><![end=
if]-->=0A</div></td></tr>=0A<!--<![endif]-->=0A</table></div>=0A<!--[if mso=
 | IE]></td></tr></table><![endif]-->=0A</td></tr></table></td></tr></table=
></div>=0A<!--[if mso | IE]></td></tr></table><![endif]-->=0A</div></td></t=
r></table>=0A<table align=3D"center" border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" role=3D"presentation" style=3D"width:100%;" class=3D"section"><t=
r><td align=3D"center"><div role=3D"none">=0A<!--[if mso | IE]><table align=
=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=3D"block=
-grid-outlook" style=3D"width:600px;" width=3D"600" ><tr><td style=3D"line-=
height:0px;font-size:0px;mso-line-height-rule:exactly;"><![endif]--><div st=
yle=3D"margin:0 auto;border-radius:0px;max-width:600px;"><table align=3D"ce=
nter" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation=
" style=3D"width:100%;border-radius:0px;"><tr><td style=3D"border-radius:0p=
x;font-size:0px;padding:0px 0px 0px 0px;text-align:center;vertical-align:to=
p;mso-padding-alt:0px 0px 0px 0px;" class=3D"block-grid"><table align=3D"ce=
nter" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation=
" width=3D"100%"><tr><td style=3D"line-height:0;font-size:0;direction:ltr;b=
order-top:1px solid #E0E0E0;border-radius:0px;">=0A<!--[if mso | IE]><table=
 role=3D"presentation" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"><tr=
><td style=3D"vertical-align:top;width:600px;" ><![endif]--><div class=3D"m=
j-column-per-100 mj-outlook-group-fix" style=3D"font-size:0px;text-align:le=
ft;direction:ltr;display:inline-block;vertical-align:top;width:100%;"><tabl=
e border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" wi=
dth=3D"100%"><tr><td style=3D"background-color:#FFFFFF;border-radius:0px;ve=
rtical-align:top;padding:16px 0px 16px 0px;mso-padding-alt:24px 0px 24px 0p=
x;" class=3D"padding-24px-0px-24px-0px"><table border=3D"0" cellpadding=3D"=
0" cellspacing=3D"0" role=3D"presentation" width=3D"100%">=0A<tr><td class=
=3D"padding-0px-48px-24px-48px text-container" style=3D"font-size:0px;paddi=
ng:0px 16px 16px 16px;word-break:break-word;mso-padding-alt:0px 48px 24px 4=
8px;text-align:center;"><div class=3D"links-16764D"><div style=3D"font-fami=
ly:'Bitpanda Compressed', Helvetica, Arial, sans-serif;font-size:34px;font-=
weight:700;letter-spacing:none;line-height:0.90;text-align:center;mso-line-=
height-alt:1.938em;color:#282828;"><p style=3D"margin: 0 0 0px 0;">HOW DOES=
 LEVERAGING WORK=3F </p></div></div></td></tr>=0A<tr><td class=3D"padding-0=
px-48px-0px-48px text-container" style=3D"font-size:0px;padding:0px 16px 0p=
x 16px;word-break:break-word;mso-padding-alt:0px 48px 0px 48px;text-align:c=
enter;"><div class=3D"links-16764D"><div style=3D"font-family:'Inter', Sego=
e UI, Roboto, Helvetica, Arial, sans-serif;font-size:16px;font-weight:norma=
l;letter-spacing:none;line-height:1.60;text-align:center;mso-line-height-al=
t:1.813em;color:#282828;" class=3D"mso-font-size-18px font-size-18px"><p st=
yle=3D"margin: 0 0 0px 0;">Leverage, shown as a ratio like 2x or 3x, lets y=
ou open a trade that's larger than your investment.=0A<br><br>=0AFor exampl=
e, with 3x leverage, your =C2=A31,000 investment opens a =C2=A33,000 positi=
on. All profits <i>and losses</i> are calculated on the full =C2=A33,000. A=
 10% price move up would mean a =C2=A3300 profit, while a 10% move down wou=
ld mean a =C2=A3300 loss. It magnifies both your potential gains and losses=
.</p></div></div></td></tr>=0A<tr><td style=3D"font-size:0px;word-break:br=
eak-word;"><div style=3D"line-height:24px;height:24px;mso-line-height-alt:2=
4px;">&nbsp;</div></td></tr>=0A<tr><td valign=3D"middle" class=3D"hide-on-m=
obile button-container" style=3D"display: none; font-size: 0px; padding: 0p=
x 24px 0px 24px; word-break: break-word; text-align: center;" align=3D"cent=
er"><div>=0A<!--[if mso]><table width=3D"100%" align=3D"center" border=3D"0=
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center" class=3D"mso-button-dark-mode"><a:roundrect xmlns:a=3D"urn:schemas-=
microsoft-com:vml" xmlns:w=3D"urn:schemas-microsoft-com:office:word" href=
=3D"https://clicks.bitpanda.com/f/a/JeWh8aXe-PyI-vJTOMQ_cw~~/AAAHahA~/KIqo6=
0_g6wnE7zJih3xgL_BygVijy_llBkBmg-5A17ryRGR4io-3ZffMf379fohelkLZ3k0_ds81Y9_D=
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illcolor=3D"#103E36" arcsize=3D"10%" style=3D"v-text-anchor:middle;width:12=
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chorlock/><a:textbox inset=3D"0,0,0,0"><center style=3D"color:#ffffff; font=
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f]--> <a href=3D"https://clicks.bitpanda.com/f/a/JeWh8aXe-PyI-vJTOMQ_cw~~/A=
AAHahA~/KIqo60_g6wnE7zJih3xgL_BygVijy_llBkBmg-5A17ryRGR4io-3ZffMf379fohelkL=
Z3k0_ds81Y9_DboNLUlLUXML1VwZkqxzPATVWAI9u4As4ye24VPaR2SOdZJzLE5z9jqXc3uuUXd=
LdxXgIiA~~" style=3D"display: inline-block; width: auto; background: #103E3=
6; color: #FFFFFF; font-family: 'Inter', Segoe UI, Roboto, Helvetica, Arial=
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0; text-align: center; text-decoration: none; text-transform: none; padding=
: 10px 24px 10px 24px; mso-padding-alt: 0px; border-radius: 4px; border-lef=
t: 1px solid #103E36; border-right: 1px solid #103E36; border-top: 1px soli=
d #103E36; border-bottom: 1px solid #103E36; mso-border-alt: none; box-sizi=
ng: border-box;" target=3D"_blank" width=3D"166">Find out more  </a><!--[if=
 mso]></center></a:textbox></a:roundrect></td></tr></table><![endif]-->=0A<=
/div></td></tr>=0A<!--[if !mso]><!--><tr><td valign=3D"middle" class=3D"hid=
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=3D"center"><div>=0A<!--[if mso]><table width=3D"100%" align=3D"center" bor=
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der-collapse:collapse;mso-table-lspace:0pt;mso-table-rspace:0pt;"><tr><td a=
lign=3D"center" class=3D"mso-button-dark-mode"><a:roundrect xmlns:a=3D"urn:=
schemas-microsoft-com:vml" xmlns:w=3D"urn:schemas-microsoft-com:office:word=
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/KIqo60_g6wnE7zJih3xgL_BygVijy_llBkBmg-5A17ryRGR4io-3ZffMf379fohelkLZ3k0_ds=
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[endif]--> <a href=3D"https://clicks.bitpanda.com/f/a/JeWh8aXe-PyI-vJTOMQ_c=
w~~/AAAHahA~/KIqo60_g6wnE7zJih3xgL_BygVijy_llBkBmg-5A17ryRGR4io-3ZffMf379fo=
helkLZ3k0_ds81Y9_DboNLUlLUXML1VwZkqxzPATVWAI9u4As4ye24VPaR2SOdZJzLE5z9jqXc3=
uuUXdLdxXgIiA~~" style=3D"display: table; width: 100%; background: #103E36;=
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sans-serif; font-size: 15px; font-weight: 500; line-height: 1.2; margin: 0 =
auto; text-align: center; text-decoration: none; text-transform: none; padd=
ing: 0; mso-padding-alt: 0px; border-radius: 4px; mso-border-alt: none; box=
-sizing: border-box;" target=3D"_blank" width=3D"550"><span style=3D"displa=
y:table-cell;padding:10px 24px 10px 24px;border-radius:4px;border-left:1px =
solid #103E36;border-right:1px solid #103E36;border-top:1px solid #103E36;b=
order-bottom:1px solid #103E36;mso-border-alt:none;">Find out more  </span>=
</a><!--[if mso]></center></a:textbox></a:roundrect></td></tr></table><![en=
dif]-->=0A</div></td></tr>=0A<!--<![endif]-->=0A</table></td></tr></table><=
/div>=0A<!--[if mso | IE]></td></tr></table><![endif]-->=0A</td></tr></tabl=
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iddle;width:24px;"><a href=3D"https://clicks.bitpanda.com/f/a/qrFMasw798Tag=
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ation" style=3D"background:#FFFFFF;border-radius:10px;width:24px;"><tr><td =
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AHahA~/My1JCbyt3w0ItIImC_Fo38k4Ox8-NA66pe02QDLgnuWJSNKkM0WBdmfnb9Y7lro4s8Vz=
AM_8FkBpVr6eKDYmkG90YR69-Rceh8PNvns6KLlZp3UVU7fmz7LoiyQyI7Pqvg9bUhMt7i6sj7O=
N_fKZHYtcm1yWCWgBNl4uJFgnxQZIx8Jm7AOT24bNsa6yptboJ-tno2ye4VhJ11bv3n9tmA~~" =
target=3D"_blank" style=3D"text-decoration: none; color: #16764D;"><img alt=
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cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"float:no=
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ng=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"background:#FFFFF=
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entation" style=3D"float:none;display:inline-table;"><tr><td style=3D"paddi=
ng:4px;"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"pr=
esentation" style=3D"background:#FFFFFF;border-radius:10px;width:24px;"><tr=
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th:24px;"><a href=3D"https://clicks.bitpanda.com/f/a/12gugXTpdimVZ9DZ2vCg1g=
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rq1BlKcl4I2w~~" target=3D"_blank" style=3D"text-decoration: none; color: #1=
6764D;"><img alt=3D"Linkedin" height=3D"24" src=3D"https://cdn.braze.eu/app=
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24"></a></td></tr></table></td></tr></table></div>=0A<!--[if mso | IE]></td=
></tr></table><![endif]-->=0A</td></tr>=0A<tr><td class=3D"padding-0px-48px=
-16px-48px text-container" style=3D"font-size:0px;padding:0px 16px 16px 16p=
x;word-break:break-word;mso-padding-alt:0px 48px 16px 48px;text-align:cente=
r;"><div class=3D"links-282828-underline"><div style=3D"font-family:'Inter'=
, Segoe UI, Roboto, Helvetica, Arial, sans-serif;font-size:12px;font-weight=
:normal;letter-spacing:none;line-height:1.40;text-align:center;mso-line-hei=
ght-alt:1.063em;color:#696969;"><p style=3D"margin: 0 0 0px 0;">=0A=0A=0A=
=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0ANeed assi=
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GLBTcYim" >Helpdesk</a> anytime.</p></div></div></td></tr>=0A<tr><td class=
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ng:0px 16px 16px 16px;word-break:break-word;mso-padding-alt:0px 49px 16px 4=
8px;text-align:center;"><div class=3D"links-282828-underline"><div style=3D=
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ize:12px;font-weight:normal;letter-spacing:none;line-height:1.40;text-align=
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 0px 0;">=0A=0A=0A=0AIf you prefer not to receive promotional messages, you=
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uclHacw~~/AAAHahA~/Ms-jekxjFmXx72lUqU0oYa00iXyB67-Opx5GpiF3rUEKs_PJIB0sS-w_=
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0A8QopUA~~">here</a>.</p></div></div></td></tr>=0A<tr><td class=3D"padding-=
0px-48px-16px-48px text-container" style=3D"font-size:0px;padding:0px 16px =
16px 16px;word-break:break-word;mso-padding-alt:0px 48px 16px 48px;text-ali=
gn:center;"><div class=3D"links-282828-underline"><div style=3D"font-family=
:'Inter', Segoe UI, Roboto, Helvetica, Arial, sans-serif;font-size:12px;fon=
t-weight:normal;letter-spacing:none;line-height:1.40;text-align:center;mso-=
line-height-alt:1.063em;color:#696969;"><p style=3D"margin: 0 0 0px 0;">=0A=
=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0ABit=
panda Broker UK Ltd: Bitpanda Broker UK Ltd, a company incorporated in Engl=
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cial Conduct Authority (FCA) pursuant to Regulation 14A of The Money Launde=
ring, Terrorist Financing and Transfer of Funds (Information on the Payer) =
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ce number FRN 925234.</p></div></div></td></tr>=0A<tr><td class=3D"padding-=
0px-48px-16px-48px text-container" style=3D"font-size:0px;padding:0px 16px =
16px 16px;word-break:break-word;mso-padding-alt:0px 48px 16px 48px;text-ali=
gn:center;"><div class=3D"links-282828-underline"><div style=3D"font-family=
:'Inter', Segoe UI, Roboto, Helvetica, Arial, sans-serif;font-size:12px;fon=
t-weight:normal;letter-spacing:none;line-height:1.40;text-align:center;mso-=
line-height-alt:1.063em;color:#696969;"><p style=3D"margin: 0 0 0px 0;">=0A=
=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0ADon=E2=80=99t inve=
st unless you=E2=80=99re prepared to lose all the money you invest. This is=
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7Km1CFI5uzQeH7DesMfzBHALGp-uXq_TDicXQlAlNVvXoEDmr7AOLdCjBJ6O3-I8QonNt5-v4F8=
k6ojuQTf_wl5SDeCUg~~">Take 2 mins to learn more.</a></p></div></div></td></=
tr>=0A<tr><td style=3D"font-size:0px;word-break:break-word;"><table border=
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ont-family:Ubuntu, Helvetica, Arial, sans-serif;font-size:13px;line-height:=
1;width:100%;"><tr><td style=3D"vertical-align:top;"><!--  --></td></tr></t=
able></td></tr>=0A<tr><td class=3D"padding-0px-48px-16px-48px text-containe=
r" style=3D"font-size:0px;padding:0px 16px 16px 16px;word-break:break-word;=
mso-padding-alt:0px 48px 16px 48px;text-align:center;"><div class=3D"links-=
282828-underline"><div style=3D"font-family:'Inter', Segoe UI, Roboto, Helv=
etica, Arial, sans-serif;font-size:12px;font-weight:normal;letter-spacing:n=
one;line-height:1.40;text-align:center;mso-line-height-alt:1.063em;color:#6=
96969;"><p style=3D"margin: 0 0 0px 0;">Margin trading involves borrowing c=
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s of your entire capital. Borrowing fees accrue every 4 hours and adversely=
 affect your margin level. Margin trading is for experienced traders only. =
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d></tr>=0A<tr><td style=3D"font-size:0px;word-break:break-word;"><table bor=
der=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=
=3D"font-family:Ubuntu, Helvetica, Arial, sans-serif;font-size:13px;line-he=
ight:1;width:100%;"><tr><td style=3D"vertical-align:top;"><!--  --></td></t=
r></table></td></tr>=0A<tr><td style=3D"font-size:0px;word-break:break-word=
;"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presenta=
tion" style=3D"font-family:Ubuntu, Helvetica, Arial, sans-serif;font-size:1=
3px;line-height:1;width:100%;"><tr><td style=3D"vertical-align:top;"><!--  =
--></td></tr></table></td></tr>=0A<tr><td class=3D"padding-0px-48px-24px-48=
px text-container" style=3D"font-size:0px;padding:0px 16px 24px 16px;word-b=
reak:break-word;mso-padding-alt:0px 48px 24px 48px;text-align:center;"><div=
 class=3D"links-282828-underline"><div style=3D"font-family:'Inter', Segoe =
UI, Roboto, Helvetica, Arial, sans-serif;font-size:12px;font-weight:normal;=
letter-spacing:none;line-height:1.40;text-align:center;mso-line-height-alt:=
1.063em;color:#696969;"><p style=3D"margin: 0 0 0px 0;">=0A=0A=0A=0A=0A=0A=
=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=0A=
=0A=0A=0A=0A=0A=0A=0AAtlantic House, Holborn Viaduct, London EC1A2FG, Unite=
d Kingdom<br>=0A=C2=A9 2026 Bitpanda GmbH. All rights reserved.=0A</p></div=
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