Invest in Bitcoin/EUR 1x Short BTC1S

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Bitpanda Leverage is brought to you by Bitpanda Financial Services (AT company registration no. FN551181k). L-Token-Long allows you to invest in increasing market prices of selected crypto assets by entering into a contract for differences (CFDs) with Bitpanda GmbH (AT company registration no. FN 569240 v). L-Token-Short allows you to invest in expected falling market prices of crypto assets by entering into CFDs. CFDs are financial instruments of which the value is derived from the price of crypto assets as the underlying. This price is quoted in EUR on Bitpanda. If your selected default currency or the currency of your trade is different to EUR, your final return will also depend on the exchange rate between EUR and your chosen currency. Section 5 of the Investor Information Document (available at bitpanda.com) provides you with more information on the risks associated with Bitpanda Leverage. Relatively small market movement has a proportionally larger impact on your position: this can work both for you and against you. Before you decide to invest, you should carefully consider your investment objectives, experience, financial resources and willingness to take risks.