This latest integration with OKC allows users to experience OKC swaps via the Bit.Store Swap feature.

Introduction

Bit.Store was launched in 2020 as a way for people new to cryptocurrency to start trading Bitcoin and a small basket of other cryptocurrencies with easy access to education and a trading community.

The social tools on the platform enable traders of varying levels of experience to join a community. Shares a trade database, investment strategies, profitability records, transaction records, and other information. This information is all freely available on the internet. Traders will be able to make more informed investment decisions and gain experience at their own pace.

As a popular gateway to crypto adoption, the platform grew in popularity. Along the way, Alchemy Pay, Paytend, Unlimint, Nganluong, and Payby have attracted partners such as payment processors and trade facilitators.

Bit.most Store’s recent integration with OKC (OKX Chain) allows users to enjoy swap, staking, airdrop, and other OKC features through Bit.Store Swap, with more features in the works. Furthermore, the Bit.Store App will soon be integrated with the OKX Web3 wallet. Allowing users to purchase OKT using Visa and MasterCard fiat deposits.

Bit.Store Key Feature

Bit.Store entered a market exclusively serving technically advanced crypto traders when it first launched in 2020. The complex challenges of private keys, public keys, wallet addresses, digital signatures, seed phrases, and a slew of other esoterica that made the blockchain an exclusive club of technocrats hampered the market for crypto-curious. Despite the media’s popularity, these issues discouraged average consumers from participating in crypto trading.

A key feature of the Bit.Store platform is the dedicated asset allocation manager. Which serves a group of investors who are automatically classified into a membership club based on the net value of their accounts. The manager provides educational resources, news, investment analysis, and other services specific to the manager’s assigned class.

“Bit.Store alleviates the stress of investing with an easy-to-use and intuitive platform interface and no fees for purchasing cryptocurrency,” said Moss. “We have already gained traction in Europe and South-East Asia, and we are now Indonesia’s most popular social crypto investment platform for novice traders. We’re growing because of the way we pool together reliable knowledge resources for all types of traders to use, plus it’s fun.”

Bit.Store currently allows fiat payments from 40 different services from all over the globe. Including Visa, MasterCard and American Express, among many other local providers.

About Bit.Store

Bit.Store is a global social digital asset investment platform that aims to make it possible for novices, average investors, and experts alike to conveniently and securely access the crypto investment market. We are also a social platform that provides access to education, news, and other investment tools. To help all investors increase their knowledge and make informed investment decisions.

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About OKC

OKC (OKX Chain), an EVM-compatible L1 built on Cosmos with a focus on true interoperability (IBC) and maximized performance. At high scalability, developers can build and scale with low gas fees. The OKC ecosystem and infrastructure, including the all-in-one multi-chain Web3 interface, enables a seamless experience for both developers and users.

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SOURCE

https://www.prnewswire.com/news-releases/bitstore-announces-okc-integration-to-its-swap-features-301719778.html

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Bit.Store has accumulated hundreds of thousands of users and is popular in the Southeast Asian market. The partnership will give Qtum access to this active user base. Conversely, being one of the largest blockchain platforms in the world, Qtum will bring in more users to Bit.Store.

From a payment perspective, Bit.Store currently has legal currency payment channels in more than 20 countries and regions around the world. User groups of these payment channel providers are also potential Bit.Store users. The partnership will allow Qtum to open up the exchange channel between fiat currency and QTUM.

Bit.Store users will be able to buy Qtum’s $QTUM coin using the FIAT currency of their choice and paying conveniently with VISA or MASTERCARD. And from there trading is as easy as one click.

Bit.Store believes that as the cooperation between the two parties deepen, its user community will be further strengthened.

About Qtum

Qtum is a decentralized, open-source, public blockchain platform that launched its mainnet in 2017. The platform is a community project that connects Bitcoin and Ethereum communities, the blockchain ecosystem, and the real world. Its currency is based on the UTXO model and utilizes several virtual machines, including Ethereum Virtual Machine. By combining Bitcoin’s original UTXO model with Ethereum’s game-changing EVM (Ethereum Virtual Machine), Qtum has created a blockchain that’s the most organic and obvious evolution of the original Bitcoin blockchain.

Website | Twitter

About Bit.store

Bit.Store is a SocialFi investment platform designed with beginner investors in mind. The platform gives its users access to global digital currency markets quickly and easily by supporting different money transfer methods via cooperations with a wide network of regional payment providers. The app provides a variety of features, including social trading, following, and copy trading strategies published by seasoned experts in the space, and allows experts to monetize their contribution to the platform. Bit.Store has been growing at a fast pace since its market introduction and achieved the milestone of 500K active users across Europe and Southeast Asia in Dec 2021. The rapid expansion into markets worldwide and growth of the Bit.Store community is continuing in 2022.

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SOURCE:

MEDIUM

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