BITSEC collaborates with a betting platform, BTS will strengthen communities of BTC Peers

© Reuters. BITSEC collaborates with a betting platform, BTS will strengthen communities

In a cryptocurrency that is increasingly pro-profit and blindly FOMOing, forgetting the ideals of blockchain focus on empowerment and freeing users from the clutches of poverty, BITSEC is determined to change the narrative.

Posting on Twitter (NYSE :), the platform said it is releasing what will be the “biggest utility token” on the secure, highly-adopted BNB chain.

BITSEC publishes 2.0

Prior to this announcement, BITSEC released its white paper on May 12, 2022. Typically for any white paper, the platform’s creators are determined to distill all complexities and establish their vision-mission statement clearly for all users across the globe. The newspaper describes their grand plans and breaks down the project’s tokenomics.

Even in the midst of the global financial crisis, which has seen the crypto market shrink in double digits, BITSEC remains bullish. Behind their trust is a well-developed plan and eagerness to exceed the expectations of the global fan base.

Reflecting the visions of the creator of Bitcoin, BITSEC is convinced that their solutions enhance the digital gold to qualify as Bitcoin 2.0, complete with a fully functional ecosystem to achieve fairness and equitable distribution of wealth.

BITSEC components: A DEX, launch pad and a high-performance action program

BITSEC consists of four critical components that create a cyclical system whose synergy benefits platform users. Central will be BITSEC’s BTS BEP-20 fungible token implemented on the BNB Chain, which serves management and supply roles. There will be 21 million BTS in total supply, with an initial circulating supply of 7.3 million BTS.

The launch from BNB Chain is designed and intended to relieve users of the high trading fees experienced in alternative networks such as. At the same time, the BNB chain will satisfactorily handle the resource requirements from BITSEC.

In addition, BITSEC plans to launch a decentralized exchange (DEX) called Bitswap, which enables fast, low-fee exchange of its original coins with other BEP-20 tokens. Through the secure DEX, it would be quick and convenient to trade. Meanwhile, the swapping platform would increase BTS’s liquidity, which is net positive for the holders.

In addition, BITSEC, which is aware of the rapidly evolving nature of crypto, the rapid introduction of technology and the high number of ambitious developers with solid solutions to present problems, will create a launch pad called cryptogifting.live. Their goal is for ambitious projects to receive the necessary financing support from investors, who will subsequently strengthen the community and help accelerate the adoption of superior blockchain-based solutions.

Finally, BITSEC will also support staking directly on its website. Users are free to purchase a bet package that offers high rewards of between one and two percent, compounded daily and available for payout at any time. At the same time, users who refer others to BITSEC’s efforts will be rewarded through their referral program.

BTS help functions

BTS is used to encourage liquidity on the platform’s decentralized exchange (DEX) to serve its utilitarian purpose.

The platform has also partnered with over 600 technology companies, enabling BITSEC token holders to pay for mobile and data charging and payment of other utility bills in over 190 countries.

The token can also be used to shop in selected retail stores, pay insurance and Amazon (NASDAQ 🙂 gift cards and as a payment method in partner betting companies.

So far, BITSEC has partnered with Sportybit.io, a betting platform with an exciting referral program. The success of Sportybit.io, and especially if they gnaw a significant share of the global betting market of over $ 66 billion, will boost BITSEC’s baseline.

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