The cryptocurrency market has significantly expanded in the past few years. However, there are still some gaps, such as the lack of its usability in our day-to-day lives. But companies such as BitBase identified this opportunity and are trying to make a change.
BitBase created a setting for easy, fast, and secure services to assist users in entering the crypto market. Their objective is to alter the relationship with crypto funds by addressing the existing knowledge gap.
As of November 17, 2021, BTBS was listed on the Bittrex Global exchange.
To begin, BitBase has been developing blockchain services since 2017, intending to make the decentralized economy more accessible and valuable to society by taking its services to the street.
Through BitBase employees, they provide bank-level help by guiding newcomers and existing clients through the onboarding process and answering all their queries both in physical and online locations. In addition, they also help users to configure their wallets to be able to store their cryptocurrencies more safely.
They already have 26 physical stores in 21 locations, as well as more than 60 ATMs. Overall, the BitBase project is a Spanish Phygital Exchange where users can quickly and safely purchase and sell various cryptocurrencies on the market using cash, bank transfer, or credit card.
The transfer may be completed at any time and from any location using their online calculator, if not at one of their physical stores or ATMs.
BitBase supports Bitcoin, Ethereum, Ripple, Dash, Litecoin, Dogecoin, USDT, and Cardano. Customers can use internet services to do transactions without having to visit a business location. BitBase has now concentrated its efforts on building new online products to better meet its client demands.
BitBase’s objective is to enable entrance into the cryptocurrencies field by providing other products than what is currently available on the market. They aim to help through transactions, online and offline services, and many more and integrate cryptocurrencies into people’s day-to-day lives.
They attempt to include cryptocurrencies into everyday transactions regardless of the user’s technical skill or previous knowledge on the matter. To achieve that, BitBase wants to build a bridge that connects crypto funds to crypto expertise, bringing them closer to the emerging new financial paradigm.
This will close the gap between the current and open financial economies, allowing individuals to transfer their capital openly and safely.
Users may spend cryptocurrency using the BitCard, withdraw cash from ATMs, and transfer funds to other wallets, exchanges, or financial products via the platform. Aside from that, the team has a goal to change the traditional financial system and bring services available to everybody. They are committed to developing a collaborative model in which holders have varying degrees of control over its development.
To become a member of the BitBase ecosystem and begin making decisions on the network, customers must first acquire the BitBase token known as BTBS. It is the cornerstone of the platform’s economy and is used for all financial activities. It can be bought from their website or on PancakeSwap and UniSwap.
The tokenization technology allows the issuer to explore new avenues and encourage more comprehensive investments in this industry.
BitBase’s BTBS is natively supported by the Ethereum network and Binance Smart Chain, which support conventional ERC20 and BEP20 tokens — maintaining a total issuance supply of 100 million dollars that will never be raised.