We have seen some amazing responses and messages by our users to our 4 previous announcements. We are overwhelmed by all the love and would continue to strive for our core mission of facilitating cryptocurrency adoption to masses and making it seamless and rewarding for them to pay with crypto in daily life.
If you have not had a chance to check out the previous ones, you can explore them below.
Day 0 was simultaneous listing on KuCoin and Bitbns on July 31 and then kicked off the 100daysofBNS
- Freedom from high fee
- More interest-ing FIPs with BNS
- Auto-pilot ON with Bituniverse
- A Gift of Gift Cards
After 4 major and diverse announcements, moving to our announcement for today. We are listing on a dex — Uniswap. Uniswap is the world’s number 1 dex as you can see in the screenshot below.
What is a dex?
A dex is a decentralised exchange, where you can convert one asset to another seamlessly. Most dexes are currently ETH-based. On a dex, users can seamlessly trade without the need for KYC and can trade or swap one asset with the other.
You can trade BNS on BNS-ETH trading pair: https://uniswap.info/pair/0x7d69d658806fbe1d0e7e23b883a02ce16b14506f
We would be adding more trading pairs subsequently. Like BNS-USDT and BNS-WBTC. Trading on uniswap is a different experience but it creates essentially a lot of arbitrage opportunities as well between the tokens being traded; in this case, BNS.
In less than a week of launching on one of the biggest altcoin exchanges Kucoin, we are now getting live on the world’s largest dex. You can read about Uniswap here.
You can add liquidity to the pool for Uniswap. Users can monetise by adding liquidity to the pool through fees generated. This is the liquidity pool for BNS — ETH
https://uniswap.info/pair/0x7d69d658806fbe1d0e7e23b883a02ce16b14506f
This video gives a broad overview of how to generate passive income using it. As many of you have plans to HODL BNSin the long term, you can add liquidity to a pool like BNS ETH pool above and monetise from it.
https://www.youtube.com/watch?v=qkiKTW7_OgQ
As we move along the 100 days, the efforts centre not just around bringing in new features but also towards strengthening the existing ones, onboarding newer sets of users to the features or products we have worked on. Uniswap listing facilitates access to BNS forthe proactively growing users, who have traded primarily on dexes.
With that, BNS again becomes the first Indian token from a crypto exchange to be listed on a major ETH based dex like Uniswap.
That said, the success of BNS remains a shared effort we need to pull together. It’s between you and us. And just so you know, sometimes we have worked even 120+ hours in a week and have poured our everything into realising BNS.
In exchange, we call out to all our users who have been with us since the beginning and even those who just joined the brigade, to continue your love & support. We appeal to you to spread the word about our efforts among your friends and get them to learn more about the Bitbns and Buyhatke ecosystem. We’re pretty sure they’ll come back for more.
So buckle up! We’re going to change the world, together! ❤
Onwards and upwards,
Team bitbns
