BCVT meaning in Cryptocurrency ?
Answer:
What is BitcoinVend (BCVT) Token?
BitcoinVend (BCVT) Token is an ERC20 compliant utility token and the native token of BitcoinVend. In this smartphone application, users will be able to trade almost anything, not just crypto for crypto.
BCVT will play a vital role in the ecosystem that forms in and around the application. It is used for:
StakingObtaining App MembershipIn-app AdvertisingIn-app Reputational ScoreRewards & IncentivisationWhat features does the BitcoinVend app have?
Bitcoinvend wraps three features into one intuitive smartphone app; exchange, payments and marketplace.
The app will facilitate trading at best rates, instant transfers between user accounts, and provide a marketplace for buying and selling new or used items with crypto.
BitcoinVend will be free for anyone to download and zero-fee for members (who are required to stake or lock a certain amount of BCVT).
The application backend and wallet infrastructure run on technology licensed from Fireblocks.
What makes the BitcoinVend app unique?
Not just an exchange for trading crypto, BitcoinVend will be an ‘everything exchange’ bringing together essential features required to create an all-encompassing crypto economy.
The exchange feature connects directly to the world´s largest market makers to source the best price on the users’ behalf.Payments will work directly with contacts or a single QR code as an account identifier, enabling users to transfer various tokens instantly off-chain without using traditional addresses.The marketplace will allow users to buy or sell items peer-to-peer, with all payments protected by a built-in escrow.USDT will be the default unit of account, meaning no need to convert crypto to fiat currency to purchase real-world items. The app is free from technical jargon and highly intuitive by design.
Who Are the Founders of BitcoinVend?
Christoper Cousins founded BitcoinVend along with co-founders Joe Jewson & Florin Novac. Christoper is a serial entrepreneur, Bitcoin veteran, trader and technologist. More about the team can be found here.
How Many BitcoinVend (BCVT) Tokens Are There in Circulation?
The total supply of BCVT is 100 million, and the circulating supply is 40 million.
Where Can You Buy BitcoinVend (BCVT) Token?
The top exchanges for BitcoinVend (BCVT) trading are currently HitBTC and Bitcoin.com Exchange.
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