BitBNS

BNS is an upcoming multi-protocol utility token by Bitbns, which aims at making crypto better than fiat. With features like helping you get cashback on top of amazon for paying with crypto and other things bns is working on building the native ecosystem for crypto commerce on the internet.

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High

Updated: Aug 02, 2020

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Ticker

BNS

Token standard

ERC20

FoundedIndia

Registration year2017

Launchpads

KuCoin Spotlight

What is BitBNS

Founded in December 2017, Bitbns is India’s largest cryptocurrency trading platform. The brainchild of three founding partners, Bitbns quickly attracted over half a million users within a year, thanks to its ever-evolving innovative approach at making cryptocurrency trading in India, an easy job even for beginners.

For Bitbns, what really keeps the innovation alive is its “Never Quit” motto. We have always said as long as Bitcoin is there Bitbns would be there. While 2018 apparently didn’t prove out to be a smooth ride for a lot of cryptocurrency exchanges in India, leading to complete shutdown in many cases, Bitbns stayed focused on developing different ways to keep the cryptocurrency ecosystem breathing in India. Not only has the exchange preserved the essence of cryptocurrency trading, it has invented newer and efficient ways for its users; thus creating the most viable cryptocurrency trading experience.

BNS is an upcoming multi-protocol utility token based on a multi-protocol approach over a blockchain. It would be issued on different blockchain protocols. The benefits of such an approach are

Token holders would be able to seamlessly convert between different protocols and Bitbns would act as a bridge to facilitate it.

Among the many purposes that BNS token would be crafted to serve, the most notable ones are going to be shopping, banking, remittances, and more. Essentially bns wants to establish payment rails around commerce anywhere to improve the GDP of the internet.