From November 17, the token of Bitbase, the company that owns the largest number of cryptocurrencies in Spain and the fifth in Europe, BTBS, will be available on Bittrex.
BTBS will be available on Bittrex!
Recently, BitBase has raised the anticipation of its users regarding the arrival of BTBS in a large cryptocurrency market. No more mysteries! The BitBase token will be listed on Bittrex.
It was in June of this year that BitBase announced the launch of its own cryptocurrency with the aim of being able to offer more tools to its customers in the crypto world. According to its official website, “the goal is to bring the world of cryptocurrencies closer to the public through easy, fast and secure financial services that are accessible.”
And, with this in mind, the total issuance of BTBS will be capped at 100 million of the token, without the possibility of increasing it and only reducing it by burning its use in certain applications.
BTBS Details
BTBS, which is currently priced at $0.65, and which can already be purchased on its website, in its ATM network, in PancakeSwap and Uniswap, natively coexists in several blockchains. Ethereum and Binance Smart Chain being, of course, the leading blockchains due to their high adoption and liquidity.
More specifically, BTBS is an ERC-20 standard based on the latest version of OpenZeppelin, the largest and most audited Smart Contracts library.
However, the specifications of BTBS don’t stop there. It turns out that a “Permit” feature of EIP-2612 is added to the ERC20 token standard. Basically, this allows gas token transactions to be paid for using the BTBS tokens themselves, instead of using that blockchain’s native crypto, for example ETH or BNB.
Thus, the EIP-2612 opens the door to a world full of possible applications that would not be possible with a standard ERC20 token.
What is BitBase? And what is Bittrex?
By now, you’re probably wondering: What is BitBase? Well, it is a project that was born in 2017 and, since then, it has maintained continuous and sustained growth. Always keeping in mind the previously mentioned goal: uniting the crypto world with people! Make it accessible to everyone.
And, without a doubt, this step of listing its native token on Bittrex is a big step forward in its consolidation process.
Additionally, a very important fact is that BitBase was co-founded by Álex Fernández and Adria Llorens and, if you want to know more details about their professional career, you can access their LinkedIn profiles available on the website.
On the other hand, we have Bittrex, one of the most secure cryptocurrency exchanges in the world, which is based in the Principality of Liechtenstein. In fact, one of the most popular features is its personalized and scalable trading engine that allows for immediacy.
According to the press release, Bittrex is very meticulous about the cryptos that are listed on the platform. Therefore, “all new digital tokens listed on the platform must go through a rigorous review process.”
The growth of BTBS and BitBase will not be linked!
Looking to expand the functionality of its token, it was necessary for BTBS to be listed on a platform such as Bittrex.
However, during the event in which the cryptocurrency was presented, Alex Fernandez, CEO of BitBase, assured that BTBS is one of the smaller brothers of the parent company, although its growth will be carried out in a completely independent.
“BitBase does not need the token to continue growing. So whatever the cryptocurrency generates will be invested in itself,” the CEO explained.
There is no doubt that BitBase has demonstrated its ability to grow steadily. In addition to its 61 ATMs, it has 26 cryptocurrency stores, which represents its main objective: to make the cryptocurrency market accessible to everyone. In fact, the last 5 establishments they have opened are 2 stores (Madrid and Valencia) and 3 franchises (San Sebastian, Lleida and Terrassa).
In the short term, their plans include a BitBase application and the big leap that will take the company beyond the Spanish borders: BitBase will reach Dubai, Portugal and France!
