Wednesday, December 8

BTBS – BitBase’s token – will now be available on Bittrex


In recent months, the growth of BitBase has been evident, the fifth largest company in Europe when it comes to buying and selling cryptocurrencies and the one with the most digital asset ATMs in Spain. BitBase recently launched its own token called BTBS, and it will now be available on the Bittrex platform, an event that demonstrates the company’s relevance in the ecosystem.

BitBase says present in Bittrex with its BTBS token

The launch of the token BTBS on Bittrex it will take place on November 17 this year. Only a total of 100 million BTBS will be issued, so its availability is limited. In fact, using the function burn, this amount will be gradually reduced.

Currently, the token price is 0.5566 US dollars, and you can already buy at BitBase from your Web page, in its stores and ATMs in Spain and in PancakeSwap and Uniswap. Furthermore, BTBS natively coexists on several major blockchains, such as Ethereum and Binance Smart Chain. It is an ERC20 standard based on the latest version of OpenZeppelin, the largest and most audited library of smart contracts.

Added to the basic ERC20 standard is the functionality “Permit”From the Ethereum Improvement Proposal, first introduced by Uniswap. This provides several benefits. One of them is that transaction gas can be paid for using BTBS tokens instead of a native currency, such as ETH. The EIP-2612 provides a wide variety of applications that would not exist with the basic standard.

More about the collaboration between BitBase and Bittrex

To include new tokens in your list, Bittrex goes through a rigorous review process, which means that BTBS meets all company standards. Bittrex is one of the most secure trading platforms in the world, so this process is not taken lightly.

The advantage of trading with BTBS on Bittrex is that the platform has a custom trading engine that makes orders execute quickly, something that is important now that immediacy is a fundamental requirement for most users.

The native token of the main cryptographic company in Spain had to be listed on a platform like Bittrex. At cryptocurrency presentation event, BitBase CEO Álex Fernández made it clear that BTBS is one of the little brothers of its parent company, although its management will be independent: “BitBase does not need the token to continue growing, so everything generated by the cryptocurrency will be invested in itselfFernández commented.

About BitBase

Since its founding in 2017, BitBase has strived to grow steadily and sustainably, but without losing sight of its main goal: “Bringing the world of cryptocurrencies to the general public through easy, fast and secure financial services, accessible to anyone.”

BitBase not only has 61 cryptocurrency ATMs throughout Spain, also more than 25 stores for the exchange of digital assets. These stores contribute to the goal of providing all types of people with more access to the crypto world.

The last two stores that have opened their doors to the public are located in Madrid and Valencia. On the other hand, three other franchises were opened in San Sebastián, Lleida and Terrassa.

But BitBase still has more to offer. In the short term, the company plans to launch its own mobile application, as well as expand to other countries, including the United Arab Emirates, Portugal and France.

It is clear that the future of BitBase is promising. Learn more about the company in its Web page and social networks: Telegram, Facebook, Instagram, Twitter, YouTube and LinkedIn.


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