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Subject: The long and short of leverage trading
Message-ID: <23.E3.07707.D4022646@gs.mta3vrest.cc.prd.sparkpost>
To: vince@showfile.com
Date: Mon, 15 May 2023 12:06:37 +0000
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From: "Bitpanda" <no-reply@newsletter.bitpanda.com>

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Get to know Bitpanda Leverage. You=E2=80=99ve got questions, we=E2=80=99ve =
got answers: Hot on the heels of our Bitpanda Leverage launch, we=E2=80=99r=
e dedicating this edition of Bitpanda Bits to leverage education. Learn the=
 how, what and why of leverage trading; the difference between long and sho=
rt positions; and what sets Bitpanda Leverage apart from regular leverage t=
rading. All of this awaits below - scroll down to start learning!=0A*   *=
=0Aa {text-decoration: none;}  sup { font-size: 100%=0A!important; }    96 =
  *                       =0A( https://clicks.bitpanda.com/f/a/9u-ZV9fmUElo=
2-qikyiasw~~/AAAHagA~/RgRmRKVNP0RsaHR0cHM6Ly93d3cuYml0cGFuZGEuY29tP3V0bV9zb=
3VyY2U9ZW1haWwmdXRtX21lZGl1bT1jcm0mdXRtX2NhbXBhaWduPXByZWhlYWRlciZ1dG1fdGVy=
bT1iaXRwYW5kYV9oZWFkZXJsaW5rVwVzcGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGU=
uY29tWAQAAADM )=0A=0A=0A=0A( https://clicks.bitpanda.com/f/a/gAuvzabHjiT04J=
oVQestJg~~/AAAHagA~/RgRmRKVNP0ScaHR0cHM6Ly93d3cuYml0cGFuZGEuY29tLz9yZWY9NDk=
5MzcwNzI4OTIxNzM2MDEwJnRhZz1jbWVtbGJiczI2bXQmdXRtX3NvdXJjZT1lbWFpbCZ1dG1fbW=
VkaXVtPWNybSZ1dG1fY2FtcGFpZ249Yml0cGFuZGFiaXRzJnV0bV90ZXJtPXdlYl9iaXRwYW5kY=
V9tYWludGVhc2VyVwVzcGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM=
 )=0A                       <p style=3D"font-size: 18px; line-height: 1.5; =
color: #303030;">Hi Vincent,</p>=0A=0A<p style=3D"font-size: 18px; line-hei=
ght: 1.5; color: #303030;">you=E2=80=99ve got questions, we=E2=80=99ve got =
answers: Hot on the heels of our Bitpanda Leverage launch, we=E2=80=99re de=
dicating this edition of Bitpanda Bits to leverage education. Learn the how=
, what and why of leverage trading; the difference between long and short p=
ositions; and what sets Bitpanda Leverage apart from regular leverage tradi=
ng. All of this awaits below - scroll down to start learning!</p> =0A=0AOur=
 leverage guide=0A=0AOur leverage guide (=0Ahttps://clicks.bitpanda.com/f/a=
/QifuU2Pxf-2WgTalsFJlhA~~/AAAHagA~/RgRmRKVNP0RIaHR0cHM6Ly93d3cuYml0cGFuZGEu=
Y29tL2FjYWRlbXkvZW4vbGVzc29ucy93aGF0LWlzLWxldmVyYWdlLWluLXRyYWRpbmcvVwVzcGN=
ldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM )=0A=0A**************=
*******************=0AWhat is leverage in trading=3F=0A********************=
*************=0A=0A<p style=3D"font-size: 18px; line-height: 1.5; color: #3=
03030;">In financial terms, =E2=80=9Cleverage=E2=80=9D refers to the practi=
ce of borrowing funds in order to make an investment. Investors can take ei=
ther a long or short position in hopes of making higher returns. Sounds sim=
ple on paper, but leverage trading actually requires a lot of time, attenti=
on and effort on the part of the investor, making it one of the more high-r=
isk investment types.</p> =0A=0A<p style=3D"font-size: 18px; line-height: 1=
.5; color: #303030;">In this latest lesson from the Bitpanda Academy, we w=
alk you through a step-by-step explanation of leverage trading as well as o=
utline the differences between Bitpanda Leverage and regular leverage tradi=
ng.</p> =0A=0ALeverage explained (=0Ahttps://clicks.bitpanda.com/f/a/QifuU2=
Pxf-2WgTalsFJlhA~~/AAAHagA~/RgRmRKVNP0RIaHR0cHM6Ly93d3cuYml0cGFuZGEuY29tL2F=
jYWRlbXkvZW4vbGVzc29ucy93aGF0LWlzLWxldmVyYWdlLWluLXRyYWRpbmcvVwVzcGNldUIKZF=
5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM )=0AProduct News=0A=0AProduc=
t News (=0Ahttps://clicks.bitpanda.com/f/a/prnpyyS38q5MLawRy6kWQw~~/AAAHagA=
~/RgRmRKVNP0QdaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2hvbWVXBXNwY2V1QgpkXk0gYmRcK=
zI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~ )=0A=0A****************************=
*****=0AWhat=E2=80=99s new on Bitpanda=0A*********************************=
=0A=0A<p style=3D"font-size: 18px; line-height: 1.5; color: #303030;">This =
week we are excited to share some product updates with you:</p>=0A<ul>=0A<l=
i style=3D"font-size: 18px; line-height: 1.5; color: #303030;"><p><b>Panda =
Insights</b>: In our latest episode, Marco Schoisinger, Senior Manager - St=
rategy & Delivery at Bitpanda, is our guest. We talk about Bitpanda Spotlig=
ht, what added value Bitpanda users get from it, how to get coins and token=
s, how the selection is done and explain Bitpanda Leverage. Panda Insights =
is available on <a href=3D"https://clicks.bitpanda.com/f/a/ccqDtk_d2Ksx50nL=
P0wU9Q~~/AAAHagA~/RgRmRKVNP0Q1aHR0cHM6Ly9vcGVuLnNwb3RpZnkuY29tL3Nob3cvM05GM=
2Q1NUlVc0tkN25nczRBR1R3QiJXBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5j=
b21YBAAAAMw~ style=3D"text-decoration:none; color:#27D17F">Spotify</a>, <a =
href=3D"https://clicks.bitpanda.com/f/a/gCLX-CfNKWAtYxZa4wy8Lw~~/AAAHagA~/R=
gRmRKVNP0RFaHR0cHM6Ly95b3V0dS5iZS9hWGVEaHlEdEdoUT9saXN0PVBMYmc1a0xRaEoyaVFG=
Q3JVbU9TWjEyWmVvMmJrbUphV3AiVwVzcGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGU=
uY29tWAQAAADM style=3D"text-decoration:none; color:#27D17F">Youtube</a>, <a=
 href=3D"https://clicks.bitpanda.com/f/a/829YlOsraixB7JqSshNjew~~/AAAHagA~/=
RgRmRKVNP0TDaHR0cHM6Ly9wb2RjYXN0cy5nb29nbGUuY29tL2ZlZWQvYUhSMGNITTZMeTl3WVc=
1a1lTMXBibk5wWjJoMGN5NXdiMlJwWjJWbExtbHZMMlpsWldRdmJYQXovZXBpc29kZS9NekU1Tk=
dNME56ZzNOekppTnpsbVl6TmxORFJrWlRnd00ySTJPV016T0dJP3NhPVgmdmVkPTBDQVVRa2ZZQ=
2FoY0tFd2lvd29LVnJ1Xy1BaFVBQUFBQUhRQUFBQUFRTEEiVwVzcGNldUIKZF5NIGJkXCsyPlIS=
dmluY2VAc2hvd2ZpbGUuY29tWAQAAADM style=3D"text-decoration:none; color:#27D1=
7F">Google Podcasts</a>, <a href=3D"https://clicks.bitpanda.com/f/a/Bs1Kth2=
_wYCXBNlaXmxcJw~~/AAAHagA~/RgRmRKVNP0QkaHR0cHM6Ly93d3cuZGVlemVyLmNvbS9zaG93=
LzU0MDkzMDciVwVzcGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM st=
yle=3D"text-decoration:none; color:#27D17F">Deezer</a> and <a href=3D"https=
://clicks.bitpanda.com/f/a/0hPFNHVr7tpgOhvdRIOQnw~~/AAAHagA~/RgRmRKVNP0QxaH=
R0cHM6Ly9wYW5kYS1pbnNpZ2h0cy5wb2RpZ2VlLmlvLzIyLW5ldy1lcGlzb2RlIlcFc3BjZXVCC=
mReTSBiZFwrMj5SEnZpbmNlQHNob3dmaWxlLmNvbVgEAAAAzA~~ style=3D"text-decoratio=
n:none; color:#27D17F">other streaming platforms</a>.</p></li>=0A<li style=
=3D"font-size: 18px; line-height: 1.5; color: #303030;"><p><b>Bitpanda Stak=
ing</b>: Ethereum (ETH) is now available to stake on Bitpanda, bringing the=
 total number of staking assets to 28 coins and tokens that generate reward=
s while you do you. Bitpanda offers a simple, secure staking option for new=
 and experienced investors, giving you the opportunity to earn up to 5% APY=
* in boosted rewards when you stake Ethereum. Please note: ETH staking is c=
urrently only available through the Bitpanda web app. <a href=3D"https://cl=
icks.bitpanda.com/f/a/uYIHfi1DMfDmKUHM2iflYA~~/AAAHagA~/RgRmRKVNP0QlaHR0cHM=
6Ly93ZWIuYml0cGFuZGEuY29tL3RyYWRlL3N0YWtlIlcFc3BjZXVCCmReTSBiZFwrMj5SEnZpbm=
NlQHNob3dmaWxlLmNvbVgEAAAAzA~~ style=3D"text-decoration:none; color:#27D17F=
">Stake now</a>.</p></li>=0A<li style=3D"font-size: 18px; line-height: 1.5;=
 color: #303030;"><p><b>Bitpanda Spotlight</b>: Access new and hard to find=
 crypto coins and projects on a secure and highly regulated platform. Pepe =
(PEPE), Turbo (TURBO) and LimeWire (LMWR) are now live and available to buy=
, sell and swap. Only available on the Bitpanda web app. <a href=3D"https:/=
/clicks.bitpanda.com/f/a/-MYBMiOypVkfiq09hZWTjA~~/AAAHagA~/RgRmRKVNP0QvaHR0=
cHM6Ly93d3cuYml0cGFuZGEuY29tL2VuL2JpdHBhbmRhLXNwb3RsaWdodCJXBXNwY2V1QgpkXk0=
gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~ style=3D"text-decoration:none=
; color:#27D17F">Have a look</a>.</p></li>=0A<li style=3D"font-size: 18px; =
line-height: 1.5; color: #303030;"><p><b>New coins for your wallet</b>: Our=
 team has been busy lately adding your favourite coins and tokens to Bitpan=
da, which allows you to diversify your portfolio even more. Say hello to:=
=0A<ul>=0A<li style=3D"font-size: 18px; line-height: 1.5; color: #303030;">=
<p><a href=3D"https://clicks.bitpanda.com/f/a/oi_QESGqwmEvpbPDYhny1Q~~/AAAH=
agA~/RgRmRKVNP0QtaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2Fzc2V0X2lkPTI5MT=
kiVwVzcGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM style=3D"tex=
t-decoration:none; color:#27D17F">Holo (HOT)</a></p></li>=0A<li style=3D"fo=
nt-size: 18px; line-height: 1.5; color: #303030;"><p><a href=3D"https://cli=
cks.bitpanda.com/f/a/81PitO6lHOkaFgFY5yRLcA~~/AAAHagA~/RgRmRKVNP0QtaHR0cHM6=
Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2Fzc2V0X2lkPTI5MjMiVwVzcGNldUIKZF5NIGJkXCs=
yPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM style=3D"text-decoration:none; color:=
#27D17F">Sui Network (SUI)</a></p></li>=0A<li style=3D"font-size: 18px; lin=
e-height: 1.5; color: #303030;"><p><a href=3D"https://clicks.bitpanda.com/f=
/a/dDZysZuyFZtlOB06FmJxXQ~~/AAAHagA~/RgRmRKVNP0QtaHR0cHM6Ly93ZWIuYml0cGFuZG=
EuY29tL2Fzc2V0P2Fzc2V0X2lkPTI5MjEiVwVzcGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd=
2ZpbGUuY29tWAQAAADM style=3D"text-decoration:none; color:#27D17F">Hooked Pr=
otocol (HOOK)</a></p></li>=0A<li style=3D"font-size: 18px; line-height: 1.5=
; color: #303030;"><p><a href=3D"https://clicks.bitpanda.com/f/a/37q3LgT3_b=
qzJS0GgN9GIw~~/AAAHagA~/RgRmRKVNP0QtaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V=
0P2Fzc2V0X2lkPTI5MjAiVwVzcGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGUuY29tWA=
QAAADM style=3D"text-decoration:none; color:#27D17F">Conflux (CFX)</a></p><=
/li>=0A<li style=3D"font-size: 18px; line-height: 1.5; color: #303030;"><p>=
<a href=3D"https://clicks.bitpanda.com/f/a/SaZYm-66XlIrExb-CVawwQ~~/AAAHagA=
~/RgRmRKVNP0QtaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2Fzc2V0X2lkPTI5MjUiV=
wVzcGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM style=3D"text-d=
ecoration:none; color:#27D17F">Ethernity (ERN)</a></p></li>=0A<li style=3D"=
font-size: 18px; line-height: 1.5; color: #303030;"><p><a href=3D"https://c=
licks.bitpanda.com/f/a/rfPw-lT3yOQRr5UVxSzz7w~~/AAAHagA~/RgRmRKVNP0QtaHR0cH=
M6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2Fzc2V0X2lkPTI5MjciVwVzcGNldUIKZF5NIGJkX=
CsyPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM style=3D"text-decoration:none; colo=
r:#27D17F">CLV (CLV)</a></p></li>=0A<li style=3D"font-size: 18px; line-heig=
ht: 1.5; color: #303030;"><p><a href=3D"https://clicks.bitpanda.com/f/a/bEv=
HE3X7PRPwMFJ-S6PraQ~~/AAAHagA~/RgRmRKVNP0QtaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29t=
L2Fzc2V0P2Fzc2V0X2lkPTI5MjYiVwVzcGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGU=
uY29tWAQAAADM style=3D"text-decoration:none; color:#27D17F">Hifi Finance (H=
IFI)</a></p></li>=0A<li style=3D"font-size: 18px; line-height: 1.5; color: =
#303030;"><p><a href=3D"https://clicks.bitpanda.com/f/a/FAu3xvQ4NFq9hAkcB8l=
rEQ~~/AAAHagA~/RgRmRKVNP0QtaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2Fzc2V0=
X2lkPTI5MjkiVwVzcGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM st=
yle=3D"text-decoration:none; color:#27D17F">Tellor (TRB)</a></p></li>=0A<li=
 style=3D"font-size: 18px; line-height: 1.5; color: #303030;"><p><a href=3D=
"https://clicks.bitpanda.com/f/a/2Ixvq9RWP2HXjDR9yZoYhw~~/AAAHagA~/RgRmRKVN=
P0QtaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2Fzc2V0X2lkPTI5MzAiVwVzcGNldUI=
KZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM style=3D"text-decoration:=
none; color:#27D17F">Litentry (LIT)</a></p></li>=0A</ul>=0A</li>=0A</ul>=0A=
=0AGo to Bitpanda (=0Ahttps://clicks.bitpanda.com/f/a/prnpyyS38q5MLawRy6kWQ=
w~~/AAAHagA~/RgRmRKVNP0QdaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2hvbWVXBXNwY2V1Qg=
pkXk0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~ )=0ACFD guide=0A=0ACFD g=
uide (=0Ahttps://clicks.bitpanda.com/f/a/qFf1MrCues3HaoJoTcgT1w~~/AAAHagA~/=
RgRmRKVNP0RSaHR0cHM6Ly93d3cuYml0cGFuZGEuY29tL2FjYWRlbXkvZW4vbGVzc29ucy93aGF=
0LWlzLWEtY29udHJhY3QtZm9yLWRpZmZlcmVuY2VzLWNmZFcFc3BjZXVCCmReTSBiZFwrMj5SEn=
ZpbmNlQHNob3dmaWxlLmNvbVgEAAAAzA~~ )=0A=0A*********************************=
=0AWhat are contracts for differences=3F =0A*******************************=
**=0A=0A<p style=3D"font-size: 18px; line-height: 1.5; color: #303030;">A t=
ype of leverage trading, a contract for differences (CFD) allows investors =
to participate in the price movement of assets without actually buying or o=
wning the assets themselves. It also allows investors to trade high-value u=
nderlying assets without having to put in a lot of money. Nonetheless, as a=
 leverage product, CFDs come with many risks as we explain in this lesson.<=
/p> =0A=0ACFDs explained (=0Ahttps://clicks.bitpanda.com/f/a/qFf1MrCues3Hao=
JoTcgT1w~~/AAAHagA~/RgRmRKVNP0RSaHR0cHM6Ly93d3cuYml0cGFuZGEuY29tL2FjYWRlbXk=
vZW4vbGVzc29ucy93aGF0LWlzLWEtY29udHJhY3QtZm9yLWRpZmZlcmVuY2VzLWNmZFcFc3BjZX=
VCCmReTSBiZFwrMj5SEnZpbmNlQHNob3dmaWxlLmNvbVgEAAAAzA~~ )=0AEarn up to 50% A=
PY while you do you. (=0Ahttps://clicks.bitpanda.com/f/a/42UdJEe1s9Jp1oUfBu=
nGdg~~/AAAHagA~/RgRmRKVNP0QjaHR0cHM6Ly93d3cuYml0cGFuZGEuY29tL2VuL3N0YWtpbmd=
XBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~ )=0A=0A=0A( h=
ttps://clicks.bitpanda.com/f/a/wdr1BvpsoR0sDvZnr5vvHA~~/AAAHagA~/RgRmRKVNP4=
QUAWh0dHBzOi8vYml0cGFuZGEucGFnZS5saW5rLz9saW5rPWh0dHBzOi8vd2ViLmJpdHBhbmRhL=
mNvbS91c2VyL3JlZ2lzdGVyLzpyZWY_dGFnJTNEOnRhZyUyNmlyY2xpY2tpZCUzRDppcmNsaWNr=
aWQmYXBuPWNvbS5iaXRwYW5kYS5iaXRwYW5kYSZvZmw9aHR0cHM6Ly9hcHBzLmFwcGxlLmNvbS9=
lbi9hcHAvYml0cGFuZGEvaWQxNDQ5MDE4OTYwJmlmbD1odHRwczovL2FwcHMuYXBwbGUuY29tL2=
VuL2FwcC9iaXRwYW5kYS9pZDE0NDkwMTg5NjAmaWJpPWNvbS5iaXRwYW5kYS5iaXRwYW5kYVcFc=
3BjZXVCCmReTSBiZFwrMj5SEnZpbmNlQHNob3dmaWxlLmNvbVgEAAAAzA~~ )=0A    =0A( ht=
tps://clicks.bitpanda.com/f/a/wdr1BvpsoR0sDvZnr5vvHA~~/AAAHagA~/RgRmRKVNP4Q=
UAWh0dHBzOi8vYml0cGFuZGEucGFnZS5saW5rLz9saW5rPWh0dHBzOi8vd2ViLmJpdHBhbmRhLm=
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BjZXVCCmReTSBiZFwrMj5SEnZpbmNlQHNob3dmaWxlLmNvbVgEAAAAzA~~ )=0A=0A Follow u=
s on=0ATwitter ( https://clicks.bitpanda.com/f/a/lgiEJy3CvmJ5CCLaumXTAw~~/A=
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=0A=0Afb (=0Ahttps://clicks.bitpanda.com/f/a/i9xVrtGdy8Lf37zmnxcGhw~~/AAAHa=
gA~/RgRmRKVNP0QiaHR0cHM6Ly93d3cuZmFjZWJvb2suY29tL0JJVFBBTkRBL1cFc3BjZXVCCmR=
eTSBiZFwrMj5SEnZpbmNlQHNob3dmaWxlLmNvbVgEAAAAzA~~=0A)   tw (=0Ahttps://clic=
ks.bitpanda.com/f/a/lgiEJy3CvmJ5CCLaumXTAw~~/AAAHagA~/RgRmRKVNP0QcaHR0cHM6L=
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hngwEPgnQ~~/AAAHagA~/RgRmRKVNP0QjaHR0cHM6Ly93d3cuaW5zdGFncmFtLmNvbS9iaXRwYW=
5kYS9XBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~=0A)   yt=
 (=0Ahttps://clicks.bitpanda.com/f/a/D4H5QIJux7vhE3eyqHVGgA~~/AAAHagA~/RgRm=
RKVNP0Q4aHR0cHM6Ly93d3cueW91dHViZS5jb20vY2hhbm5lbC9VQ0hfMENBQnJiYUQtNjY0ZlZ=
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gRmRKVNP0QiaHR0cHM6Ly93d3cucmVkZGl0LmNvbS9yL2JpdHBhbmRhL1cFc3BjZXVCCmReTSBi=
ZFwrMj5SEnZpbmNlQHNob3dmaWxlLmNvbVgEAAAAzA~~=0A)   In (=0Ahttps://clicks.bi=
tpanda.com/f/a/BEUhmkUB_m8Cy1fgilZXIg~~/AAAHagA~/RgRmRKVNP0QqaHR0cHM6Ly93d3=
cubGlua2VkaW4uY29tL2NvbXBhbnkvYml0cGFuZGEvVwVzcGNldUIKZF5NIGJkXCsyPlISdmluY=
2VAc2hvd2ZpbGUuY29tWAQAAADM=0A)   tt (=0Ahttps://clicks.bitpanda.com/f/a/W-=
tAR0IlUfgnDvVuNxWMGw~~/AAAHagA~/RgRmRKVNP0QgaHR0cHM6Ly93d3cudGlrdG9rLmNvbS9=
AYml0cGFuZGFXBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~=
=0A) <p style=3D"font-size: 13px; line-height: 1.5; color: #666666;">CFDs a=
re complex instruments and come with a high risk of losing money rapidly du=
e to leverage. The vast majority of retail client accounts lose money when =
trading in CFDs. You should consider whether you can understand how CFDs wo=
rk and whether you can afford to take the high risk of losing your money.</=
p>=0A=0A<p style=3D"font-size: 13px; line-height: 1.5; color: #666666;">Bit=
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eight: 1.5; color: #666666;">The present does not constitute investment adv=
ice. Past performance is not an indication of future results.</p>=0A=0A<p s=
tyle=3D"font-size: 13px; line-height: 1.5; color: #666666;">You should seek=
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ure that you have the risk appetite, relevant experience and knowledge befo=
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mliZS9jYWM0NmZiYS1lZTg5LTQ1NmUtYWIwNC04ZTJiYThmNmU4NmZXBXNwY2V1QgpkXk0gYmRc=
KzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~ )=0A if you don=E2=80=99t! =0A=0A =
Bitpanda GmbH,=0AStella-Klein-L=C3=B6w-Weg 17, 1020 Vienna, Austria.=0ACopy=
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        <tr class=3D"es-mobile-hidden">=0A                      <td align=
=3D"left" style=3D"padding:0;Margin:0"><p style=3D"Margin:0;-webkit-text-si=
ze-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly;font-=
family:EuclidSquare, Arial, sans-serif;line-height:54px;color:#000000;font-=
size:36px"><br></p></td>=0A                     </tr>=0A                   =
  <tr>=0A                      <td align=3D"center" style=3D"padding:0;Marg=
in:0;font-size:0px"><a target=3D"_blank" href=3D"https://clicks.bitpanda.co=
m/f/a/gAuvzabHjiT04JoVQestJg~~/AAAHagA~/RgRmRKVNP0ScaHR0cHM6Ly93d3cuYml0cGF=
uZGEuY29tLz9yZWY9NDk5MzcwNzI4OTIxNzM2MDEwJnRhZz1jbWVtbGJiczI2bXQmdXRtX3NvdX=
JjZT1lbWFpbCZ1dG1fbWVkaXVtPWNybSZ1dG1fY2FtcGFpZ249Yml0cGFuZGFiaXRzJnV0bV90Z=
XJtPXdlYl9iaXRwYW5kYV9tYWludGVhc2VyVwVzcGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hv=
d2ZpbGUuY29tWAQAAADM" style=3D"-webkit-text-size-adjust:none;-ms-text-size-=
adjust:none;mso-line-height-rule:exactly;text-decoration:none;color:#8914B0=
;font-size:36px"><img class=3D"adapt-img" src=3D"https://cdn.braze.eu/appbo=
y/communication/assets/image_assets/images/635ae27355991e556d58e702/origina=
l.png=3F1666900595" alt style=3D"display:block;border:0;outline:none;text-d=
ecoration:none;-ms-interpolation-mode:bicubic" width=3D"600" height=3D"200"=
></a></td>=0A                     </tr>=0A                   </table>=0A</t=
d>=0A                 </tr>=0A               </table>=0A</td>=0A           =
  </tr>=0A           </table>=0A</td>=0A         </tr>=0A       </table>=0A=
       <table cellpadding=3D"0" cellspacing=3D"0" class=3D"es-content" alig=
n=3D"center" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-coll=
apse:collapse;border-spacing:0px;table-layout:fixed !important;width:100%">=
=0A         <tr>=0A          <td align=3D"center" style=3D"padding:0;Margin=
:0">=0A           <table class=3D"es-content-body" cellspacing=3D"0" cellpa=
dding=3D"0" align=3D"center" style=3D"mso-table-lspace:0pt;mso-table-rspace=
:0pt;border-collapse:collapse;border-spacing:0px;background-color:#ffffff;w=
idth:600px" bgcolor=3D"#ffffff">=0A             <tr>=0A              <td cl=
ass=3D"es-m-p20r es-m-p20l" align=3D"left" bgcolor=3D"#ffffff" style=3D"Mar=
gin:0;padding-top:10px;padding-bottom:10px;padding-left:40px;padding-right:=
40px;background-color:#ffffff">=0A               <table cellpadding=3D"0" c=
ellspacing=3D"0" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-table-rsp=
ace:0pt;border-collapse:collapse;border-spacing:0px">=0A                 <t=
r>=0A                  <td align=3D"center" valign=3D"top" style=3D"padding=
:0;Margin:0;width:520px">=0A                   <table cellpadding=3D"0" cel=
lspacing=3D"0" width=3D"100%" role=3D"presentation" style=3D"mso-table-lspa=
ce:0pt;mso-table-rspace:0pt;border-collapse:collapse;border-spacing:0px">=
=0A                     <tr>=0A                      <td align=3D"left" sty=
le=3D"padding:0;Margin:0"><p style=3D"Margin:0;-webkit-text-size-adjust:non=
e;-ms-text-size-adjust:none;mso-line-height-rule:exactly;font-family:Euclid=
Square, Arial, sans-serif;line-height:27px;color:#303030;font-size:18px;mar=
gin-bottom:0px"><p style=3D"font-size: 18px; line-height: 1.5; color: #3030=
30;">Hi Vincent,</p>=0A=0A<p style=3D"font-size: 18px; line-height: 1.5; co=
lor: #303030;">you=E2=80=99ve got questions, we=E2=80=99ve got answers: Hot=
 on the heels of our Bitpanda Leverage launch, we=E2=80=99re dedicating thi=
s edition of Bitpanda Bits to leverage education. Learn the how, what and w=
hy of leverage trading; the difference between long and short positions; an=
d what sets Bitpanda Leverage apart from regular leverage trading. All of t=
his awaits below - scroll down to start learning!</p> </p></td>=0A         =
            </tr>=0A                   </table>=0A</td>=0A                 =
</tr>=0A               </table>=0A</td>=0A             </tr>=0A           <=
/table>=0A</td>=0A         </tr>=0A       </table>=0A       <table cellpadd=
ing=3D"0" cellspacing=3D"0" class=3D"es-content" align=3D"center" style=3D"=
mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;border-s=
pacing:0px;table-layout:fixed !important;width:100%">=0A         <tr>=0A   =
       <td align=3D"center" style=3D"padding:0;Margin:0">=0A           <tab=
le class=3D"es-content-body" cellspacing=3D"0" cellpadding=3D"0" align=3D"c=
enter" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:c=
ollapse;border-spacing:0px;background-color:#ffffff;width:600px" bgcolor=3D=
"#ffffff">=0A             <tr>=0A              <td class=3D"es-m-p20" align=
=3D"left" bgcolor=3D"#ffffff" style=3D"Margin:0;padding-top:20px;padding-bo=
ttom:20px;padding-left:40px;padding-right:40px;background-color:#ffffff">=
=0A               <table cellpadding=3D"0" cellspacing=3D"0" width=3D"100%"=
 style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collaps=
e;border-spacing:0px">=0A                 <tr>=0A                  <td alig=
n=3D"center" valign=3D"top" style=3D"padding:0;Margin:0;width:520px">=0A   =
                <table cellpadding=3D"0" cellspacing=3D"0" width=3D"100%" r=
ole=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;bor=
der-collapse:collapse;border-spacing:0px">=0A                     <tr>=0A  =
                    <td align=3D"center" style=3D"padding:0;Margin:0;font-s=
ize:0">=0A                       <table border=3D"0" width=3D"100%" height=
=3D"100%" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=
=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bord=
er-spacing:0px">=0A                         <tr>=0A                        =
  <td style=3D"padding:0;Margin:0;border-bottom:1px solid #cccccc;backgroun=
d:none;height:1px;width:100%;margin:0px"></td>=0A                         <=
/tr>=0A                       </table>=0A</td>=0A                     </tr>=
=0A                   </table>=0A</td>=0A                 </tr>=0A         =
      </table>=0A</td>=0A             </tr>=0A             <tr>=0A         =
     <td class=3D"es-m-p20r es-m-p20l" align=3D"left" bgcolor=3D"#ffffff" s=
tyle=3D"Margin:0;padding-top:10px;padding-bottom:10px;padding-left:40px;pad=
ding-right:40px;background-color:#ffffff">=0A               <table cellpadd=
ing=3D"0" cellspacing=3D"0" width=3D"100%" style=3D"mso-table-lspace:0pt;ms=
o-table-rspace:0pt;border-collapse:collapse;border-spacing:0px">=0A        =
         <tr>=0A                  <td align=3D"center" valign=3D"top" style=
=3D"padding:0;Margin:0;width:520px">=0A                   <table cellpaddin=
g=3D"0" cellspacing=3D"0" width=3D"100%" role=3D"presentation" style=3D"mso=
-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;border-spac=
ing:0px">=0A                     <tr>=0A                      <td align=3D"=
left" style=3D"padding:0;Margin:0;padding-bottom:10px"><p style=3D"Margin:0=
;-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-ru=
le:exactly;font-family:EuclidSquare, Arial, sans-serif;line-height:27px;col=
or:#27d17f;font-size:18px;margin-bottom:0px">Our leverage guide</p></td>=0A=
                     </tr>=0A                     <tr>=0A                  =
    <td align=3D"center" style=3D"padding:0;Margin:0;padding-bottom:20px;fo=
nt-size:0px"><a target=3D"_blank" href=3D"https://clicks.bitpanda.com/f/a/Q=
ifuU2Pxf-2WgTalsFJlhA~~/AAAHagA~/RgRmRKVNP0RIaHR0cHM6Ly93d3cuYml0cGFuZGEuY2=
9tL2FjYWRlbXkvZW4vbGVzc29ucy93aGF0LWlzLWxldmVyYWdlLWluLXRyYWRpbmcvVwVzcGNld=
UIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM" style=3D"-webkit-text-=
size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly;tex=
t-decoration:none;color:#27D17F;font-size:16px"><img src=3D"https://cdn.bra=
ze.eu/appboy/communication/assets/image_assets/images/645cea5c7fdb434e66cbc=
8ff/original.png=3F1683810908" alt=3D"Our leverage guide" style=3D"display:=
block;border:0;outline:none;text-decoration:none;-ms-interpolation-mode:bic=
ubic" title=3D"Our leverage guide" class=3D"adapt-img" width=3D"520"></a></=
td>=0A                     </tr>=0A                     <tr>=0A            =
          <td align=3D"left" style=3D"padding:0;Margin:0;padding-bottom:20p=
x">=0A<h1 style=3D"Margin:0;line-height:34px;mso-line-height-rule:exactly;f=
ont-family:EuclidSquare, Arial, sans-serif;font-size:28px;font-style:normal=
;font-weight:bold;color:#303030;margin-bottom:0px">What is leverage in trad=
ing=3F</h1>=0A<h1 style=3D"Margin:0;line-height:34px;mso-line-height-rule:e=
xactly;font-family:EuclidSquare, Arial, sans-serif;font-size:28px;font-styl=
e:normal;font-weight:bold;color:#303030;margin-bottom:0px;display:none"><br=
></h1>=0A</td>=0A                     </tr>=0A                     <tr>=0A =
                     <td align=3D"left" style=3D"padding:0;Margin:0"><p sty=
le=3D"Margin:0;-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso-=
line-height-rule:exactly;font-family:EuclidSquare, Arial, sans-serif;line-h=
eight:27px;color:#303030;font-size:18px;margin-bottom:0px"><p style=3D"font=
-size: 18px; line-height: 1.5; color: #303030;">In financial terms, =E2=80=
=9Cleverage=E2=80=9D refers to the practice of borrowing funds in order to =
make an investment. Investors can take either a long or short position in h=
opes of making higher returns. Sounds simple on paper, but leverage trading=
 actually requires a lot of time, attention and effort on the part of the i=
nvestor, making it one of the more high-risk investment types.</p> =0A=0A<p=
 style=3D"font-size: 18px; line-height: 1.5; color: #303030;">In this lates=
t lesson from the Bitpanda Academy, we walk you through a step-by-step expl=
anation of leverage trading as well as outline the differences between Bitp=
anda Leverage and regular leverage trading.</p> </p></td>=0A               =
      </tr>=0A                     <tr>=0A                      <td align=
=3D"center" style=3D"padding:0;Margin:0;padding-top:20px;font-size:0">=0A  =
                     <table border=3D"0" width=3D"100%" height=3D"100%" cel=
lpadding=3D"0" cellspacing=3D"0" class=3D" cke_show_border" role=3D"present=
ation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:c=
ollapse;border-spacing:0px">=0A                         <tr>=0A            =
              <td align=3D"center" style=3D"padding:0;Margin:0"><strong><sp=
an class=3D"es-button-border" style=3D"border-style:solid;border-color:#27D=
17F;background:#27D17F;border-width:0px;display:inline-block;border-radius:=
9px;width:auto;mso-border-alt:10px"><a href=3D"https://clicks.bitpanda.com/=
f/a/QifuU2Pxf-2WgTalsFJlhA~~/AAAHagA~/RgRmRKVNP0RIaHR0cHM6Ly93d3cuYml0cGFuZ=
GEuY29tL2FjYWRlbXkvZW4vbGVzc29ucy93aGF0LWlzLWxldmVyYWdlLWluLXRyYWRpbmcvVwVz=
cGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM" class=3D"es-butto=
n es-button-1625226706975" target=3D"_blank" style=3D"mso-style-priority:10=
0 !important;text-decoration:none;-webkit-text-size-adjust:none;-ms-text-si=
ze-adjust:none;mso-line-height-rule:exactly;color:#303030;font-size:16px;di=
splay:inline-block;background:#27D17F;border-radius:9px;font-family:EuclidS=
quare, Arial, sans-serif;font-weight:normal;font-style:normal;line-height:1=
9px;width:auto;text-align:center;padding:15px 16px 15px 16px;border-style:s=
olid;border-color:#27D17F;background-color:#27D17F;padding-top:13px;padding=
-bottom:13px;padding-left:23px;padding-right:23px;-webkit-border-radius:9px=
;-moz-border-radius:9px">Leverage explained </a></span></strong></td>=0A   =
                      </tr>=0A                       </table>=0A</td>=0A   =
                  </tr>=0A                   </table>=0A</td>=0A           =
      </tr>=0A               </table>=0A</td>=0A             </tr>=0A      =
     </table>=0A</td>=0A         </tr>=0A       </table>=0A       <table ce=
llpadding=3D"0" cellspacing=3D"0" class=3D"es-content" align=3D"center" sty=
le=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;bo=
rder-spacing:0px;table-layout:fixed !important;width:100%">=0A         <tr>=
=0A          <td align=3D"center" style=3D"padding:0;Margin:0">=0A         =
  <table class=3D"es-content-body" cellspacing=3D"0" cellpadding=3D"0" alig=
n=3D"center" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-coll=
apse:collapse;border-spacing:0px;background-color:#ffffff;width:600px" bgco=
lor=3D"#ffffff">=0A             <tr>=0A              <td class=3D"es-m-p20"=
 align=3D"left" bgcolor=3D"#ffffff" style=3D"Margin:0;padding-top:20px;padd=
ing-bottom:20px;padding-left:40px;padding-right:40px;background-color:#ffff=
ff">=0A               <table cellpadding=3D"0" cellspacing=3D"0" width=3D"1=
00%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:col=
lapse;border-spacing:0px">=0A                 <tr>=0A                  <td =
align=3D"center" valign=3D"top" style=3D"padding:0;Margin:0;width:520px">=
=0A                   <table cellpadding=3D"0" cellspacing=3D"0" width=3D"1=
00%" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0=
pt;border-collapse:collapse;border-spacing:0px">=0A                     <tr=
>=0A                      <td align=3D"center" style=3D"padding:0;Margin:0;=
font-size:0">=0A                       <table border=3D"0" width=3D"100%" h=
eight=3D"100%" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" st=
yle=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;b=
order-spacing:0px">=0A                         <tr>=0A                     =
     <td style=3D"padding:0;Margin:0;border-bottom:1px solid #cccccc;backgr=
ound:none;height:1px;width:100%;margin:0px"></td>=0A                       =
  </tr>=0A                       </table>=0A</td>=0A                     </=
tr>=0A                   </table>=0A</td>=0A                 </tr>=0A      =
         </table>=0A</td>=0A             </tr>=0A             <tr>=0A      =
        <td class=3D"es-m-p20r es-m-p20l" align=3D"left" bgcolor=3D"#ffffff=
" style=3D"Margin:0;padding-top:10px;padding-bottom:10px;padding-left:40px;=
padding-right:40px;background-color:#ffffff">=0A               <table cellp=
adding=3D"0" cellspacing=3D"0" width=3D"100%" style=3D"mso-table-lspace:0pt=
;mso-table-rspace:0pt;border-collapse:collapse;border-spacing:0px">=0A     =
            <tr>=0A                  <td align=3D"center" valign=3D"top" st=
yle=3D"padding:0;Margin:0;width:520px">=0A                   <table cellpad=
ding=3D"0" cellspacing=3D"0" width=3D"100%" role=3D"presentation" style=3D"=
mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;border-s=
pacing:0px">=0A                     <tr>=0A                      <td align=
=3D"left" style=3D"padding:0;Margin:0;padding-bottom:10px"><p style=3D"Marg=
in:0;-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso-line-heigh=
t-rule:exactly;font-family:EuclidSquare, Arial, sans-serif;line-height:27px=
;color:#27d17f;font-size:18px;margin-bottom:0px">Product News</p></td>=0A  =
                   </tr>=0A                     <tr>=0A                    =
  <td align=3D"center" style=3D"padding:0;Margin:0;padding-bottom:20px;font=
-size:0px"><a target=3D"_blank" href=3D"https://clicks.bitpanda.com/f/a/prn=
pyyS38q5MLawRy6kWQw~~/AAAHagA~/RgRmRKVNP0QdaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29t=
L2hvbWVXBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~" style=
=3D"-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso-line-height=
-rule:exactly;text-decoration:none;color:#27D17F;font-size:16px"><img src=
=3D"https://cdn.braze.eu/appboy/communication/assets/image_assets/images/63=
9b304da2c4221d145fe4e5/original.png=3F1671114829" alt=3D"Product News" styl=
e=3D"display:block;border:0;outline:none;text-decoration:none;-ms-interpola=
tion-mode:bicubic" title=3D"Product News" class=3D"adapt-img" width=3D"520"=
></a></td>=0A                     </tr>=0A                     <tr>=0A     =
                 <td align=3D"left" style=3D"padding:0;Margin:0;padding-bot=
tom:20px">=0A<h1 style=3D"Margin:0;line-height:34px;mso-line-height-rule:ex=
actly;font-family:EuclidSquare, Arial, sans-serif;font-size:28px;font-style=
:normal;font-weight:bold;color:#303030;margin-bottom:0px">What=E2=80=99s ne=
w on Bitpanda</h1>=0A<h1 style=3D"Margin:0;line-height:34px;mso-line-height=
-rule:exactly;font-family:EuclidSquare, Arial, sans-serif;font-size:28px;fo=
nt-style:normal;font-weight:bold;color:#303030;margin-bottom:0px;display:no=
ne"><br></h1>=0A</td>=0A                     </tr>=0A                     <=
tr>=0A                      <td align=3D"left" style=3D"padding:0;Margin:0"=
><p style=3D"Margin:0;-webkit-text-size-adjust:none;-ms-text-size-adjust:no=
ne;mso-line-height-rule:exactly;font-family:EuclidSquare, Arial, sans-serif=
;line-height:27px;color:#303030;font-size:18px;margin-bottom:0px"><p style=
=3D"font-size: 18px; line-height: 1.5; color: #303030;">This week we are ex=
cited to share some product updates with you:</p>=0A<ul>=0A<li style=3D"fon=
t-size: 18px; line-height: 1.5; color: #303030;"><p><b>Panda Insights</b>: =
In our latest episode, Marco Schoisinger, Senior Manager - Strategy & Deliv=
ery at Bitpanda, is our guest. We talk about Bitpanda Spotlight, what added=
 value Bitpanda users get from it, how to get coins and tokens, how the sel=
ection is done and explain Bitpanda Leverage. Panda Insights is available o=
n <a href=3D"https://clicks.bitpanda.com/f/a/cq__683k6JgtqKecJR2Djw~~/AAAHa=
gA~/RgRmRKVNP0Q0aHR0cHM6Ly9vcGVuLnNwb3RpZnkuY29tL3Nob3cvM05GM2Q1NUlVc0tkN25=
nczRBR1R3QlcFc3BjZXVCCmReTSBiZFwrMj5SEnZpbmNlQHNob3dmaWxlLmNvbVgEAAAAzA~~" =
style=3D"text-decoration:none; color:#27D17F">Spotify</a>, <a href=3D"https=
://clicks.bitpanda.com/f/a/A6yTJlVvv0iiUpj8bRY96Q~~/AAAHagA~/RgRmRKVNP0REaH=
R0cHM6Ly95b3V0dS5iZS9hWGVEaHlEdEdoUT9saXN0PVBMYmc1a0xRaEoyaVFGQ3JVbU9TWjEyW=
mVvMmJrbUphV3BXBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~=
" style=3D"text-decoration:none; color:#27D17F">Youtube</a>, <a href=3D"htt=
ps://clicks.bitpanda.com/f/a/xcNwOkDWGyd5Kof9IE2xjw~~/AAAHagA~/RgRmRKVNP0TC=
aHR0cHM6Ly9wb2RjYXN0cy5nb29nbGUuY29tL2ZlZWQvYUhSMGNITTZMeTl3WVc1a1lTMXBibk5=
wWjJoMGN5NXdiMlJwWjJWbExtbHZMMlpsWldRdmJYQXovZXBpc29kZS9NekU1TkdNME56ZzNOek=
ppTnpsbVl6TmxORFJrWlRnd00ySTJPV016T0dJP3NhPVgmdmVkPTBDQVVRa2ZZQ2FoY0tFd2lvd=
29LVnJ1Xy1BaFVBQUFBQUhRQUFBQUFRTEFXBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93=
ZmlsZS5jb21YBAAAAMw~" style=3D"text-decoration:none; color:#27D17F">Google =
Podcasts</a>, <a href=3D"https://clicks.bitpanda.com/f/a/AFtdgGn_SgLqmupTFD=
s5bA~~/AAAHagA~/RgRmRKVNP0QjaHR0cHM6Ly93d3cuZGVlemVyLmNvbS9zaG93LzU0MDkzMDd=
XBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~" style=3D"tex=
t-decoration:none; color:#27D17F">Deezer</a> and <a href=3D"https://clicks.=
bitpanda.com/f/a/Qx5_3UVgCDHV5-Ke_cot-Q~~/AAAHagA~/RgRmRKVNP0QwaHR0cHM6Ly9w=
YW5kYS1pbnNpZ2h0cy5wb2RpZ2VlLmlvLzIyLW5ldy1lcGlzb2RlVwVzcGNldUIKZF5NIGJkXCs=
yPlISdmluY2VAc2hvd2ZpbGUuY29tWAQAAADM" style=3D"text-decoration:none; color=
:#27D17F">other streaming platforms</a>.</p></li>=0A<li style=3D"font-size:=
 18px; line-height: 1.5; color: #303030;"><p><b>Bitpanda Staking</b>: Ether=
eum (ETH) is now available to stake on Bitpanda, bringing the total number =
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ewards when you stake Ethereum. Please note: ETH staking is currently only =
available through the Bitpanda web app. <a href=3D"https://clicks.bitpanda.=
com/f/a/kz05l5-yOxlhCxuL8WTZ8A~~/AAAHagA~/RgRmRKVNP0QkaHR0cHM6Ly93ZWIuYml0c=
GFuZGEuY29tL3RyYWRlL3N0YWtlVwVzcGNldUIKZF5NIGJkXCsyPlISdmluY2VAc2hvd2ZpbGUu=
Y29tWAQAAADM" style=3D"text-decoration:none; color:#27D17F">Stake now</a>.<=
/p></li>=0A<li style=3D"font-size: 18px; line-height: 1.5; color: #303030;"=
><p><b>Bitpanda Spotlight</b>: Access new and hard to find crypto coins and=
 projects on a secure and highly regulated platform. Pepe (PEPE), Turbo (TU=
RBO) and LimeWire (LMWR) are now live and available to buy, sell and swap. =
Only available on the Bitpanda web app. <a href=3D"https://clicks.bitpanda.=
com/f/a/hutIkrzP-SSZV7PLYPUFww~~/AAAHagA~/RgRmRKVNP0QuaHR0cHM6Ly93d3cuYml0c=
GFuZGEuY29tL2VuL2JpdHBhbmRhLXNwb3RsaWdodFcFc3BjZXVCCmReTSBiZFwrMj5SEnZpbmNl=
QHNob3dmaWxlLmNvbVgEAAAAzA~~" style=3D"text-decoration:none; color:#27D17F"=
>Have a look</a>.</p></li>=0A<li style=3D"font-size: 18px; line-height: 1.5=
; color: #303030;"><p><b>New coins for your wallet</b>: Our team has been b=
usy lately adding your favourite coins and tokens to Bitpanda, which allows=
 you to diversify your portfolio even more. Say hello to:=0A<ul>=0A<li styl=
e=3D"font-size: 18px; line-height: 1.5; color: #303030;"><p><a href=3D"http=
s://clicks.bitpanda.com/f/a/nZ-lfavl1GGGwyJZXVuZgA~~/AAAHagA~/RgRmRKVNP0Qsa=
HR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2Fzc2V0X2lkPTI5MTlXBXNwY2V1QgpkXk0g=
YmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~" style=3D"text-decoration:none=
; color:#27D17F">Holo (HOT)</a></p></li>=0A<li style=3D"font-size: 18px; li=
ne-height: 1.5; color: #303030;"><p><a href=3D"https://clicks.bitpanda.com/=
f/a/GutwAsASNN9Aql2cCt18mg~~/AAAHagA~/RgRmRKVNP0QsaHR0cHM6Ly93ZWIuYml0cGFuZ=
GEuY29tL2Fzc2V0P2Fzc2V0X2lkPTI5MjNXBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93=
ZmlsZS5jb21YBAAAAMw~" style=3D"text-decoration:none; color:#27D17F">Sui Net=
work (SUI)</a></p></li>=0A<li style=3D"font-size: 18px; line-height: 1.5; c=
olor: #303030;"><p><a href=3D"https://clicks.bitpanda.com/f/a/MXDxkNNdjJacG=
QIfxwf3Ug~~/AAAHagA~/RgRmRKVNP0QsaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2=
Fzc2V0X2lkPTI5MjFXBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAA=
Mw~" style=3D"text-decoration:none; color:#27D17F">Hooked Protocol (HOOK)</=
a></p></li>=0A<li style=3D"font-size: 18px; line-height: 1.5; color: #30303=
0;"><p><a href=3D"https://clicks.bitpanda.com/f/a/rPffkcOlhg2FulRKjSCCVw~~/=
AAAHagA~/RgRmRKVNP0QsaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2Fzc2V0X2lkPT=
I5MjBXBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~" style=
=3D"text-decoration:none; color:#27D17F">Conflux (CFX)</a></p></li>=0A<li s=
tyle=3D"font-size: 18px; line-height: 1.5; color: #303030;"><p><a href=3D"h=
ttps://clicks.bitpanda.com/f/a/kkWF8kACSfucamVmHkDsnQ~~/AAAHagA~/RgRmRKVNP0=
QsaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2Fzc2V0X2lkPTI5MjVXBXNwY2V1QgpkX=
k0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~" style=3D"text-decoration:n=
one; color:#27D17F">Ethernity (ERN)</a></p></li>=0A<li style=3D"font-size: =
18px; line-height: 1.5; color: #303030;"><p><a href=3D"https://clicks.bitpa=
nda.com/f/a/9IiC_yPZBvtE94vTYN6SVA~~/AAAHagA~/RgRmRKVNP0QsaHR0cHM6Ly93ZWIuY=
ml0cGFuZGEuY29tL2Fzc2V0P2Fzc2V0X2lkPTI5MjdXBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5j=
ZUBzaG93ZmlsZS5jb21YBAAAAMw~" style=3D"text-decoration:none; color:#27D17F"=
>CLV (CLV)</a></p></li>=0A<li style=3D"font-size: 18px; line-height: 1.5; c=
olor: #303030;"><p><a href=3D"https://clicks.bitpanda.com/f/a/GIiH70ukCGeGI=
xGv7HKFLw~~/AAAHagA~/RgRmRKVNP0QsaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2=
Fzc2V0X2lkPTI5MjZXBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAA=
Mw~" style=3D"text-decoration:none; color:#27D17F">Hifi Finance (HIFI)</a><=
/p></li>=0A<li style=3D"font-size: 18px; line-height: 1.5; color: #303030;"=
><p><a href=3D"https://clicks.bitpanda.com/f/a/C9J1mi12CaeMVWilrartGw~~/AAA=
HagA~/RgRmRKVNP0QsaHR0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2Fzc2V0X2lkPTI5M=
jlXBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~" style=3D"t=
ext-decoration:none; color:#27D17F">Tellor (TRB)</a></p></li>=0A<li style=
=3D"font-size: 18px; line-height: 1.5; color: #303030;"><p><a href=3D"https=
://clicks.bitpanda.com/f/a/MKmLvqY7Q1jnhpCyGATmGw~~/AAAHagA~/RgRmRKVNP0QsaH=
R0cHM6Ly93ZWIuYml0cGFuZGEuY29tL2Fzc2V0P2Fzc2V0X2lkPTI5MzBXBXNwY2V1QgpkXk0gY=
mRcKzI-UhJ2aW5jZUBzaG93ZmlsZS5jb21YBAAAAMw~" style=3D"text-decoration:none;=
 color:#27D17F">Litentry (LIT)</a></p></li>=0A</ul>=0A</li>=0A</ul></p></td=
>=0A                     </tr>=0A                     <tr>=0A              =
        <td align=3D"center" style=3D"padding:0;Margin:0;padding-top:20px;f=
ont-size:0">=0A                       <table border=3D"0" width=3D"100%" he=
ight=3D"100%" cellpadding=3D"0" cellspacing=3D"0" class=3D" cke_show_border=
" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;=
border-collapse:collapse;border-spacing:0px">=0A                         <t=
r>=0A                          <td align=3D"center" style=3D"padding:0;Marg=
in:0"><strong><span class=3D"es-button-border" style=3D"border-style:solid;=
border-color:#27D17F;background:#27D17F;border-width:0px;display:inline-blo=
ck;border-radius:9px;width:auto;mso-border-alt:10px"><a href=3D"https://cli=
cks.bitpanda.com/f/a/prnpyyS38q5MLawRy6kWQw~~/AAAHagA~/RgRmRKVNP0QdaHR0cHM6=
Ly93ZWIuYml0cGFuZGEuY29tL2hvbWVXBXNwY2V1QgpkXk0gYmRcKzI-UhJ2aW5jZUBzaG93Zml=
sZS5jb21YBAAAAMw~" class=3D"es-button es-button-1625226706975" target=3D"_b=
lank" style=3D"mso-style-priority:100 !important;text-decoration:none;-webk=
it-text-size-adjust:none;-ms-text-size-adjust:none;mso-line-height-rule:exa=
ctly;color:#303030;font-size:16px;display:inline-block;background:#27D17F;b=
order-radius:9px;font-family:EuclidSquare, Arial, sans-serif;font-weight:no=
rmal;font-style:normal;line-height:19px;width:auto;text-align:center;paddin=
g:15px 16px 15px 16px;border-style:solid;border-color:#27D17F;background-co=
lor:#27D17F;padding-top:13px;padding-bottom:13px;padding-left:23px;padding-=
right:23px;-webkit-border-radius:9px;-moz-border-radius:9px">Go to Bitpanda=
 </a></span></strong></td>=0A                         </tr>=0A             =
          </table>=0A</td>=0A                     </tr>=0A                 =
  </table>=0A</td>=0A                 </tr>=0A               </table>=0A</t=
d>=0A             </tr>=0A           </table>=0A</td>=0A         </tr>=0A  =
     </table>=0A       <table cellpadding=3D"0" cellspacing=3D"0" class=3D"=
es-content" align=3D"center" style=3D"mso-table-lspace:0pt;mso-table-rspace=
:0pt;border-collapse:collapse;border-spacing:0px;table-layout:fixed !import=
ant;width:100%">=0A         <tr>=0A          <td align=3D"center" style=3D"=
padding:0;Margin:0">=0A           <table class=3D"es-content-body" cellspac=
ing=3D"0" cellpadding=3D"0" align=3D"center" style=3D"mso-table-lspace:0pt;=
mso-table-rspace:0pt;border-collapse:collapse;border-spacing:0px;background=
-color:#ffffff;width:600px" bgcolor=3D"#ffffff">=0A             <tr>=0A    =
          <td class=3D"es-m-p20" align=3D"left" bgcolor=3D"#ffffff" style=
=3D"Margin:0;padding-top:20px;padding-bottom:20px;padding-left:40px;padding=
-right:40px;background-color:#ffffff">=0A               <table cellpadding=
=3D"0" cellspacing=3D"0" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-t=
able-rspace:0pt;border-collapse:collapse;border-spacing:0px">=0A           =
      <tr>=0A                  <td align=3D"center" valign=3D"top" style=3D=
"padding:0;Margin:0;width:520px">=0A                   <table cellpadding=
=3D"0" cellspacing=3D"0" width=3D"100%" role=3D"presentation" style=3D"mso-=
table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;border-spaci=
ng:0px">=0A                     <tr>=0A                      <td align=3D"c=
enter" style=3D"padding:0;Margin:0;font-size:0">=0A                       <=
table border=3D"0" width=3D"100%" height=3D"100%" cellpadding=3D"0" cellspa=
cing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rs=
pace:0pt;border-collapse:collapse;border-spacing:0px">=0A                  =
       <tr>=0A                          <td style=3D"padding:0;Margin:0;bor=
der-bottom:1px solid #cccccc;background:none;height:1px;width:100%;margin:0=
px"></td>=0A                         </tr>=0A                       </table=
>=0A</td>=0A                     </tr>=0A                   </table>=0A</td=
>=0A                 </tr>=0A               </table>=0A</td>=0A            =
 </tr>=0A             <tr>=0A              <td class=3D"es-m-p20r es-m-p20l=
" align=3D"left" bgcolor=3D"#ffffff" style=3D"Margin:0;padding-top:10px;pad=
ding-bottom:10px;padding-left:40px;padding-right:40px;background-color:#fff=
fff">=0A               <table cellpadding=3D"0" cellspacing=3D"0" width=3D"=
100%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:co=
llapse;border-spacing:0px">=0A                 <tr>=0A                  <td=
 align=3D"center" valign=3D"top" style=3D"padding:0;Margin:0;width:520px">=
=0A                   <table cellpadding=3D"0" cellspacing=3D"0" width=3D"1=
00%" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0=
pt;border-collapse:collapse;border-spacing:0px">=0A                     <tr=
>=0A                      <td align=3D"left" style=3D"padding:0;Margin:0;pa=
dding-bottom:10px"><p style=3D"Margin:0;-webkit-text-size-adjust:none;-ms-t=
ext-size-adjust:none;mso-line-height-rule:exactly;font-family:EuclidSquare,=
 Arial, sans-serif;line-height:27px;color:#27d17f;font-size:18px;margin-bot=
tom:0px">CFD guide</p></td>=0A                     </tr>=0A                =
     <tr>=0A                      <td align=3D"center" style=3D"padding:0;M=
argin:0;padding-bottom:20px;font-size:0px"><a target=3D"_blank" href=3D"htt=
ps://clicks.bitpanda.com/f/a/qFf1MrCues3HaoJoTcgT1w~~/AAAHagA~/RgRmRKVNP0RS=
aHR0cHM6Ly93d3cuYml0cGFuZGEuY29tL2FjYWRlbXkvZW4vbGVzc29ucy93aGF0LWlzLWEtY29=
udHJhY3QtZm9yLWRpZmZlcmVuY2VzLWNmZFcFc3BjZXVCCmReTSBiZFwrMj5SEnZpbmNlQHNob3=
dmaWxlLmNvbVgEAAAAzA~~" style=3D"-webkit-text-size-adjust:none;-ms-text-siz=
e-adjust:none;mso-line-height-rule:exactly;text-decoration:none;color:#27D1=
7F;font-size:16px"><img src=3D"https://cdn.braze.eu/appboy/communication/as=
sets/image_assets/images/645e45e3bf76507b95f52ec8/original.png=3F1683899874=
" alt=3D"CFD guide" style=3D"display:block;border:0;outline:none;text-decor=
ation:none;-ms-interpolation-mode:bicubic" title=3D"CFD guide" class=3D"ada=
pt-img" width=3D"520"></a></td>=0A                     </tr>=0A            =
         <tr>=0A                      <td align=3D"left" style=3D"padding:0=
;Margin:0;padding-bottom:20px">=0A<h1 style=3D"Margin:0;line-height:34px;ms=
o-line-height-rule:exactly;font-family:EuclidSquare, Arial, sans-serif;font=
-size:28px;font-style:normal;font-weight:bold;color:#303030;margin-bottom:0=
px">What are contracts for differences=3F </h1>=0A<h1 style=3D"Margin:0;lin=
e-height:34px;mso-line-height-rule:exactly;font-family:EuclidSquare, Arial,=
 sans-serif;font-size:28px;font-style:normal;font-weight:bold;color:#303030=
;margin-bottom:0px;display:none"><br></h1>=0A</td>=0A                     <=
/tr>=0A                     <tr>=0A                      <td align=3D"left"=
 style=3D"padding:0;Margin:0"><p style=3D"Margin:0;-webkit-text-size-adjust=
:none;-ms-text-size-adjust:none;mso-line-height-rule:exactly;font-family:Eu=
clidSquare, Arial, sans-serif;line-height:27px;color:#303030;font-size:18px=
;margin-bottom:0px"><p style=3D"font-size: 18px; line-height: 1.5; color: #=
303030;">A type of leverage trading, a contract for differences (CFD) allow=
s investors to participate in the price movement of assets without actually=
 buying or owning the assets themselves. It also allows investors to trade =
high-value underlying assets without having to put in a lot of money. Nonet=
heless, as a leverage product, CFDs come with many risks as we explain in t=
his lesson.</p> </p></td>=0A                     </tr>=0A                  =
   <tr>=0A                      <td align=3D"center" style=3D"padding:0;Mar=
gin:0;padding-top:20px;font-size:0">=0A                       <table border=
=3D"0" width=3D"100%" height=3D"100%" cellpadding=3D"0" cellspacing=3D"0" c=
lass=3D" cke_show_border" role=3D"presentation" style=3D"mso-table-lspace:0=
pt;mso-table-rspace:0pt;border-collapse:collapse;border-spacing:0px">=0A   =
                      <tr>=0A                          <td align=3D"center"=
 style=3D"padding:0;Margin:0"><strong><span class=3D"es-button-border" styl=
e=3D"border-style:solid;border-color:#27D17F;background:#27D17F;border-widt=
h:0px;display:inline-block;border-radius:9px;width:auto;mso-border-alt:10px=
"><a href=3D"https://clicks.bitpanda.com/f/a/qFf1MrCues3HaoJoTcgT1w~~/AAAHa=
gA~/RgRmRKVNP0RSaHR0cHM6Ly93d3cuYml0cGFuZGEuY29tL2FjYWRlbXkvZW4vbGVzc29ucy9=
3aGF0LWlzLWEtY29udHJhY3QtZm9yLWRpZmZlcmVuY2VzLWNmZFcFc3BjZXVCCmReTSBiZFwrMj=
5SEnZpbmNlQHNob3dmaWxlLmNvbVgEAAAAzA~~" class=3D"es-button es-button-162522=
6706975" target=3D"_blank" style=3D"mso-style-priority:100 !important;text-=
decoration:none;-webkit-text-size-adjust:none;-ms-text-size-adjust:none;mso=
-line-height-rule:exactly;color:#303030;font-size:16px;display:inline-block=
;background:#27D17F;border-radius:9px;font-family:EuclidSquare, Arial, sans=
-serif;font-weight:normal;font-style:normal;line-height:19px;width:auto;tex=
t-align:center;padding:15px 16px 15px 16px;border-style:solid;border-color:=
#27D17F;background-color:#27D17F;padding-top:13px;padding-bottom:13px;paddi=
ng-left:23px;padding-right:23px;-webkit-border-radius:9px;-moz-border-radiu=
s:9px">CFDs explained </a></span></strong></td>=0A                         =
</tr>=0A                       </table>=0A</td>=0A                     </tr=
>=0A                   </table>=0A</td>=0A                 </tr>=0A        =
       </table>=0A</td>=0A             </tr>=0A           </table>=0A</td>=
=0A         </tr>=0A       </table>=0A       <table cellpadding=3D"0" cells=
pacing=3D"0" class=3D"es-content" align=3D"center" style=3D"mso-table-lspac=
e:0pt;mso-table-rspace:0pt;border-collapse:collapse;border-spacing:0px;tabl=
e-layout:fixed !important;width:100%">=0A         <tr>=0A          <td alig=
n=3D"center" style=3D"padding:0;Margin:0">=0A           <table class=3D"es-=
content-body" cellspacing=3D"0" cellpadding=3D"0" align=3D"center" style=3D=
"mso-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;border-=
spacing:0px;background-color:transparent;width:600px">=0A             <tr>=
=0A              <td class=3D"es-m-p20" align=3D"left" bgcolor=3D"#ffffff" =
style=3D"Margin:0;padding-top:20px;padding-bottom:20px;padding-left:40px;pa=
dding-right:40px;background-color:#ffffff">=0A               <table cellpad=
ding=3D"0" cellspacing=3D"0" width=3D"100%" style=3D"mso-table-lspace:0pt;m=
so-table-rspace:0pt;border-collapse:collapse;border-spacing:0px">=0A       =
          <tr>=0A                  <td align=3D"center" valign=3D"top" styl=
e=3D"padding:0;Margin:0;width:520px">=0A                   <table cellpaddi=
ng=3D"0" cellspacing=3D"0" width=3D"100%" role=3D"presentation" style=3D"ms=
o-table-lspace:0pt;mso-table-rspace:0pt;border-collapse:collapse;border-spa=
cing:0px">=0A                     <tr>=0A                      <td align=3D=
"center" style=3D"padding:0;Margin:0;font-size:0">=0A                      =
 <table border=3D"0" width=3D"100%" height=3D"100%" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;border-collapse:collapse;border-spacing:0px">=0A                =
         <tr>=0A                          <td style=3D"padding:0;Margin:0;b=
order-bottom:1px solid #cccccc;background:none;height:1px;width:100%;margin=
:0px"></td>=0A                         </tr>=0A                       </tab=
le>=0A</td>=0A                     </tr>=0A                   </table>=0A</=
td>=0A                 </tr>=0A               </table>=0A</td>=0A          =
   </tr>=0A             <tr>=0A              <td align=3D"left" style=3D"pa=
dding:0;Margin:0">=0A               <table width=3D"100%" cellspacing=3D"0"=
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