To buy or not to buy — BNS?

Vaibhav Seth
Bitbns
Published in
5 min readMay 10, 2020

Hey People,

Few of you had questions around why buying bns tokens makes sense ? So let’s have a look at Why BNS 🔥

Concise intro of BNS token:

BNS is an upcoming multi-protocol utility token by Bitbns, which aims at enabling general masses to use cryptocurrency just like they use FIAT currency in day-to-day transactions. BNS aims at making crypto better than fiat by making crypto truly usable in everyday usecases.

Why bns:

Demand: The first 3 phases of BNS token got sold-out in a flash

Phase 1: 18 seconds

Phase 2: 3 minutes 28 seconds

Phase 3: 6 minutes 48 seconds

Phase 4: To be conducted today (10th May at 12PM IST)

• There will be only 56,841,667 BNS tokens during initial circulating supply.

• Bitbns has the fastest FIAT deposits with zero fees across any exchange.

• Bitbns currently is operational in 3 countries which will get expanded in more than 30 countries till EOY. Below is the map.

• Bitbns has the highest number of assets with deposit and withdraw enabled in India. We have about 50+ more assets many from different blockchains for which users can avail trading and also deposit and withdraw them .

• Highest liquidity on INR trading pairs. You can buy easily or sell 2-3 BTC in a <0.1% range of BTC price.

• Advanced risk management options like bracket orders which is not available even on top exchanges globally. We were the first one to introduce it globally.

Instant bank withdrawals that happens within 120 seconds.

• Margin trading with 4x leverage and massive liquidity on lend and borrow orderbook.

• Worlds first arbitrage extension (https://medium.com/bitbns/bitbns-arbitrage-extension-2-0-e1522f4ebbdf)

• Largest crypto telegram community with 23.7k members in India (t.me/bitbns)

• BNS is working towards making crypto powerful than fiat. So if you are a believer in crypto and want to see crypto getting it used for day to day transactions then bns empowers you to do that and save money while shopping online and offline. Check the example flow on amazon

• You would be able to pay with crypto on amazon and other major E-commerce sites, Do electricity bill payments and save money while doing it.

• World's best bitcoin DCA tool bitdroplet.com with lowest fees, seamless UX to take bitcoin to a billion users. It is also one of the first utility of BNS token.

• Most rewarding referral program where you can refer your friends to Bitbns and earn 50% of their trading fee. 50% trading fee from each person you refer, sent right to your Bitbns wallet. Your friends on the other hand, get 50 BNS each. On every trade, you earn commission and there are no limits on how much you can earn.

• The Best Trading Fee Structure, You can trade for as low as 0.03% on BitBns.

• Users can hold BNS token to be eligible for 12th month free instalment from our side on bitdroplet, Read more about it at bitdroplet.com/bns.

• Fantastic team which have built large global first innovations. Read more about the different innovations here http://bit.ly/2nFdkjc

• The team has a long term vision of getting a billion users into crypto and has been tirelessly working on making that a reality. The team continued operating in spite of the hostile environment for crypto in India and assured users that as long as bitcoin is there bitbns would be there.

Investing in pre-public sale is a complete win-win situation if you make a smart choice:

Case 1- BNS grows a lot in value, You can withdraw and sell it.

Case 2- BNS goes down below your initial investment in bitdroplet IEO, So normally with other IEOs you will loose money and have to hold their token for long time but with BNS you still have the 12th month free instalment offer that would be paid for you. You just paid 50% for it. But 100% of the instalmemt would be paid for your Bitcoin SIP goal on bitdroplet as per early bird offer. Not just that you can use it to pay for trading fees and get rebates.

We have already executed made bitbns as one of the largest exchanges in India. Built global first innovations. Kept with

BNS token utilities and use cases that are live from last year:

1. Bitdroplet went live at November 2019, You can do automated DCA in BTC from bitdroplet. It supports direct FIAT transactions of USD, Euro, GBP, INR, THB and AED. Users from over 80 countries are now supported on bitdroplet.

2. 100% discount on bitdroplet's 12th month instalment using BNS token.

3. Trading fee discount, Initial trading fee on bitbns is 0.25% but you can just hold BNS + increase your trading volume to trade for as low as 0.03% on bitbns.

4. Referral bonus, Your referred user gets 50 BNS and you will earn 50% of his trading fee always.

You can check top usecases of BNS token in the image below

Why BNS?
Use cases
BNS team

--

--