2017 was a breakthrough year for cryptocurrencies. With Bitcoin reaching $20,000, a lot of attention was garnered on the digital asset ecosystem. However, with investors taking a serious interest in other crypto projects as well, the ICO boom was born, which left a black mark on the industry. ICO scams became a major issue as illicit actors lured in serious capital and the maximum of those tokens eventually failed and a lot of criticism was bestowed on the digital asset ecosystem.
With popularity came great concern as people became reluctant to invest in any new projects, thinking of it as a rotten apple from their past experiences. However, with Bitto exchange, investors might finally have a great investment opportunity in hand.
What is Bitto exchange?
Co-incidentally, Bitto exchange and its token came into existence during the same ICO boom of late 2017-early 2018 but its development and positive growth have kept it relevant in the current industry as well.
Bitto is an ERC-20 token that is supported by the Ethereum blockchain and it is used as a utility asset on the Bitto exchange. The functionality of token within Bittoi exchange is particularly broad as it is the gateway towards establishing low-cost transactions and convenient trading.
Unlike other exchange tokens that are usually tied with either a huge supply or an unlimited supply, Bitto has a small circulating supply of less than 12.4 million at the moment. This ensures that the value of the asset will only rise over time and users will only benefit from holding the tokens over the long term.
However, by owning the Bitto token, users also have the unique opportunity to be part of the Bitto exchange as a whole. Bitto exchange has been omnipresent in the cryptocurrency industry for the past 2 years and in 2019 the exchange, the exchange received its licensing to establish its own licensed exchange in 2020. With a strong financial foundation and regulatory clearance, the exchange believes it will become one of the top 20 crypto exchanges in a very short period of time of just a few years.
The token is also listed on CoinMarketCap and CoinGecko, two of the most leading authority on crypto listing platforms in the digital asset space.
Why choose Bitto exchange and Bitto token?
Unlike other major exchanges, Bitto exchange strongly supports the idea of economic incentives for its users. With Bitto, participants have access to a primary tool that allows them to receive consistent remuneration, with respect to their contribution to the network.
Some of the features that are associated with the exchanges are listed below:
1. Fee Reduction
The more you hold, the lesser the cost of trading and withdrawal fees. This gives users an incentive to buy BITTO, regardless of the price of Bitto, as the value will be deducted accordingly but with the benefit of savings in fees.
2. First Exchange with Proof-of-Stake
Unlike any other organization in the same industry, Bitto exchange promotes the utilization of Proof-of-Stake, and users can now easily attained up to 18% profits annually, starting from the year 2021. In order to conduct staking, users would need to buy 5000 BITTO tokens, allowing them to earn approx. 2.5 BITTO per day in the process. BITTO staking can be conducted anywhere regardless of your geographical location.
3. Dedicated Support and Top-Notch Security
To protect user funds and avoid data breaches, Bitto also ensures that multiple layers of security are configured within the system and the personal information of the users is protected. The exchange also boasts a dedicated customer service that is highly active, to respond within hours. Users are able to reach out to customer executives any time of the day and providing quality service is a large part of the competitive factor.
Why does the Bitto token have future value?
The main difference between other exchange tokens and Bitto is the fact that it allows its traders to directly be a part of Bitto exchange, as Bitto tokens act like shares of the organization.
Bitto is fast becoming a reputed and globalized cryptocurrency and its value is completely integrated into the blockchain ecosystem. The Bitto token can be transferred between nations while having the benefits and advantages of DEFI coins as a POS.
Right now, Bitto exchange’s business has continued to evolve over the past couple of years, and considering the exchange has already received its license for its authorized exchange, the valuation of the Bitto token is possibly going to develop even further over the next few months.
Bitto’s price has already improved by 611.13 percent in the past 6-months and with Bitto, the circulating supply is 9 times lower than Binance’s BNB, hence the decimation of its value is hardly unlikely.
Bitto is currently listed on Crex24 and Vindax exchange, currently priced at $0.58 per token.
Verdict
Analyzing the principal objective of the exchange and the token, it is fair to say the potential of Bitto’s development is undeniably high in terms of quality service and a secured digital asset. Bitto token is possibly here to stay and prosper over the years, taking its next development process step-up-step in the right direction.
For more information and to learn more, please visit their official marketing website.
Disclaimer: This is a paid post and should not be considered as news/advice.
