What is Bit.Store? All information about Bit.Store and token STORE

• Bit.Store Overview
• What is Bit.Store?
• Basic Features of Bit.Store
• The main advantages of Bit.Store
• Business Model of Bit.Store
• The network of fiat payments and strategic partners of Bit.Store
• Bit.Store's User Community
• Bit.Store's long-term development plan
• How to make money in Bit.Store
• The development team, investors, partners of the Bit.Store project
• Overview of the STORE . token
• What are STORE tokens?
• Allocate STORE token tokens
• What is the function of the STORE?
• Where can STORE tokens be bought and sold?
• Assess the potential of Bit.Store and should invest in STORE tokens?
• summary

Bit.Store Overview

What is Bit.Store?

Bit.Store is a cryptocurrency investment platform, especially Bitcoin, specifically designed for new global investors to access the Crypto market in a simple and transparent way. The goal of the project team is to promote social elements on the Bit.Store platform developed to guide people to make smarter investment decisions.

Coming to Bit.Store, users will start entering the Crypto market by buying Bitcoin quickly at competitive prices. Bit.Store supports buying Bitcoin using local and international Fiat payment channels including e-wallets, bank transfers. Besides, Bit.store also supports users to develop and monitor their own cryptocurrency portfolio right on this application.

Right from the first day of launch, Bit.Store has been popular in Southeast Asian countries and Europe. In Indonesia, the app has become one of the leading cryptocurrency investment platforms for retail investors.

In addition, Bit.Store has developed a whole social community around it instead of just allowing users to buy basic cryptocurrencies like the Cash App platform and Robinhood. The project is one of a number of platforms that are evolving towards the era of Web3.0. At the same time, it also allows retail investors to create a decentralized community by learning and sharing information with experienced and professional investors.

Basic Features of Bit.Store

Bit.Store makes it easy for investors to buy cryptocurrencies with just a few taps. Besides, the platform also allows them to watch, follow and emulate seasoned traders. 

This form of information sharing helps new investors to shorten the time and reduce the amount of knowledge required to participate in the cryptocurrency market. In return, experienced people will have the opportunity to receive some privileges when they share useful information and knowledge for newcomers.

In addition, Bit.store will build a digital environment for the purchase and sale of digital assets, as well as a social application with the ability to interact and share information. This will make the project an innovative, simple and accessible platform.

The main advantages of Bit.Store

The Bit.Store project development team has built an online cryptocurrency investment application for new investors. With a new audience, Bit.Store provides extremely friendly, intuitive and easy-to-use cryptocurrency trading and investment features.

Therefore, users can make cryptocurrency transactions quickly and simply. At the same time, they also have access to a data library of many other professional traders, including investment strategies, profit history, trading history and more.

Another point worth noting is that Bitcoin assets on Bit.Store will be deposited into Coinbase – one of the largest crypto exchanges in the world, Cobo – the largest cryptocurrency wallet in Asia. If an incident of property loss occurs, the affected parts of the value will be fully compensated according to the regulations of this platform. 

In addition, Bit.Store is regularly audited by a well-known global financial unit, PricewaterhouseCoopers (PwC). This helps to ensure the safety of investors' assets when using Bit.Store. Not only that, the Bit.Store platform is also very compliant with government laws and regulations, as well as regularly coordinating with the legislature. In addition, the project's fiat payment channels are provided by legal financial institutions. At the same time, Bit.Store also provides users with the best transaction tracking and cash flow traceability features in the world.

Thanks to such transparent information, Bit.store has realized the social element in the financial investment environment and developed it into a convenient learning base for new investors. This helps the project achieve its original goal of creating a community of beginners and experienced investors.

Business Model of Bit.Store

Bit.Store's business model consists of two main elements:

First, the transaction fee is collected from the seller. That is, the platform will not collect fees from users when making buy orders. This is to encourage users to make their first investments on the Bit.Store platform. In return, when executing a sell order, the platform charges a percentage of the cost to the total transaction value of the seller.

Second, Bit.Store collects a portion of the commission from signal generators. This means that professional traders will be able to provide trading signals and allow users to copy their trades. Signal providers will have the right to charge a fee for providing trading signals (signal fee). And Bit.Store will deduct a small commission from the signal fees collected by the professional trader. This is considered a system cost of Bit.Store.

The network of fiat payments and strategic partners of Bit.Store

Currently, Bit.Store has created a very solid fiat payment network with more than 20 countries and territories. Not stopping there, Bit.Store has also built cooperative relationships with nearly 40 companies providing payment services. Vietnam has representatives like Techcombank, BIDV, Vietinbank and AirPay.

In addition, the project has also established strategic partnerships with three of the world's leading cryptocurrency exchanges to provide better crypto trading services. Through cooperation with international banking partners and payment service providers, Bit.store will ensure to provide the best Bitcoin investment services to all customers nationwide.

Most recently, Bit.Store received an MSO certificate from Hong Kong, an MSB certificate from the US, and an MSB certificate from Canada. Currently, the application for a trading license in Indonesia is expected to be approved in the first quarter of 2022. 

Not only that, Bit.store also owns EMI certificates of Europe, as well as trading certificates in South America, and many other countries and economic management facilities in other regions.

Bit.Store's User Community

Currently, Bit.Store has nearly 200,000 users globally, with a daily activity of up to 50,000 people. Based on the experience of community organization, along with the current user growth rate, Bit.Store is predicted to surpass 1,000,000 users worldwide within 1 year.

In addition, Bit.Store also attaches great importance to community interaction. The project has built discussion groups and communication channels through social platforms like Telegram and Twitter.

But with the rapid growth of the number, Bit.Store faces the challenge because of the diversity of the user community. Therefore, the Bit.Store project has organized many activities and applied marketing strategies to:

• Encourage famous KOLs to share their experiences
• Access professional media to publish articles
• Reward and motivate everyday users who can participate in activities, try products, post reviews and comments.

Bit.Store's long-term development plan

In the field of cryptocurrency investment, the Bit.Store project will continue to promote globalization and user file growth, based on safety rules and regulatory compliance. To achieve this, Bit.Store will continue to improve the payment network and launch programs, activities and events to recruit more users to join the community.

The project will provide services to a global user base through the following phases:

• Phase 1: Southeast Asia
• Phase 2: Middle East and South American countries
• Phase 3: North American countries, European Union and Australia.

In addition, the Bit.Store development team will also expand its business model, including:

Community economy : The platform will launch KOLs and professional media units to coordinate and lead users. Simultaneously interact and create more opportunities to help users earn more profits.

Services for members : Based on the net worth of each account, the system will automatically divide users according to different membership hierarchies. Each level will be managed by asset allocation specialists. Bit.Store offers highly educational materials, mainly covering news, investment analysis and guidance in the financial markets. In the news and investment analysis section, the project will orient investors to focus on certain asset categories. Bit.Store's training environment will offer both online and offline courses for members of the platform. Thereby, Bit.Store wants to help users systematize the learning process about asset categories, such as cryptocurrencies.

Portfolio expansion : In addition to cryptocurrencies, based on certificates with compliance with regulations in various countries and regions, other asset categories such as stocks, currencies , commodities, indices, ETFs and others will gradually be added to the categories available on Bit.Store.

Finance : Built on the foundation of convenience and simplicity in cryptocurrency trading, the Bit.store app will introduce more advanced and advanced financial services, such as Fixed crypto investments, ETF investments and mortgage loans. These new features will also be very attractive to those just starting out in the financial investment field.

How to make money in Bit.Store

Bit.Store creates many money-making opportunities for many users, specifically:

Experienced investors, they will make money from the trading signal mining fees that they provide to the community to execute buy or sell orders.

New audience of users, they can enter the market and take advantage of the benefits that Bit.Store is exclusively for newcomers. For example, buying cryptocurrencies with no transaction fees, or copying trading signals of experienced investors in the user community, or simply joining our courses and investment orientation. Bit.Store with the ultimate purpose of making investing easier and maximizing the profitability of investments.

In addition, anyone can make money on Bit.Store with some simple activities like:

• Join as a liquidity provider and get special rewards on the platform
• Use STORE to stake on the platform and earn passive income
• Investment advice to receive tokens from users
• Build content for the community
• Refer new users to the platform and get a referral commission.

The development team, investors, partners of the Bit.Store project

Bit.Store has yet to reveal the identity of the project's development team, investors, and partners. TraderH4 team will update as soon as there is information from the project.

Overview of the STORE . token

What are STORE tokens?

STORE is the official token of the Bit.Store project that was born with the goal of easily accessing the era of Web 3.0. Some information that users need to know about Bit.Store tokens, including:

• Ticker: STORE
• Blockchain Network: Ethereum (ERC20)
• Contract: 0x9378…4767f
• Total Supply: 1,000,000,000 STORE

Allocate STORE token tokens

With a total supply of 1,000,000,000 STORE, the Bit.Store development team plans to allocate according to the following ratio:

• Equity from individual owners: 10%
• Distribution outside the community: 10%
• Development team: 15%
• Consulting fee: 3%
• Community admins: 5%
• Bonuses for created content: 2%
• User base expansion: 5%
• Ecosystem Fund: 15%
• Liquidity providers and other market operators: 35%

What is the function of the STORE?

Governance : In the early stages, the STORE can be used for administrative voting and other functions. After the Bit.Store community moves to the DAO mechanism, STORE will be the token representing the right to manage the entire system.

Staking : The STORE is also used for staking and farming, helping users get a variety of benefits from the Bit.Store ecosystem.

Cost reduction : Digital asset transactions in the Bit.Store ecosystem will be deducted when users hold a certain amount of STORE tokens.

Support experts : STORE is used to assist professionals in sharing information, knowledge and professional trading strategies. Many experts will provide knowledge and information through channels such as articles, live broadcasts, short videos, joining groups and users can support this sustainable process by how to send tokens to experts of their choice.

Set up own funds : If professional traders want to set up their own funds, they can stake the STORE as a reserve of fees for compensation.

Advertising Activity : Professionals can pay advertising costs in STORE and part of this fee will be redistributed to users.

Other activities : Users can use STORE to participate in IEO and other activities.

Where can STORE tokens be bought and sold?

Currently, the STORE token has not been listed on any cryptocurrency exchange. Soon, Bit.Store will open the STORE token sale on Huobi Primelist on January 26, 2022.

To see more details about this event, investors can read more articles: Instructions for participating in the Huobi Primelist series of events during the 2022 Lunar New Year .

Assess the potential of Bit.Store and should invest in STORE tokens?

The cryptocurrency market is growing rapidly, with the rise of Web 3.0 in late 2021 to present. Bit.Store was born with the goal of bringing users deeper into the field of financial investment, especially cryptocurrencies and the Web 3.0 era. 

Besides, with innovative features and technology of Bit.Store has also removed technical barriers to help newcomers still easily access the cryptocurrency market right on this platform. 

Not only that, Bit.Store has also removed the geographical barrier when providing cryptocurrency trading services globally, along with many user-friendly payment services.

In addition, Bit.Store also has a variety of ways to generate profits for users such as: Earning money from trading signal mining fees, buying cryptocurrency without trading fees, participating in courses and orientation investment of Bit.Store… Instead of stopping at 2 forms of staking and farming like other investment platforms.

In general, we cannot deny the benefits that the project brings to users. Along with the certificates that the project has received from legal authorities, it has partly helped users feel secure about the safety level when using Bit.Store. 

However, Bit.Store receives one point unless the specific identity of the project's development team and investor has not been disclosed. This is also one of the important factors to keep in mind when evaluating a project before investing. Therefore, people need to do thorough research before giving an answer to the question "should I invest in the project's tokens?".

Some official information channels of the project that investors can follow are:

Website | Twitter | Telegram | GitHub | Reddit | Discord | Medium

summary

With a series of advantages, Bit.Store has gradually left its competitors behind in optimizing and focusing on developing the best features for users in the cryptocurrency market. Since its launch until now, Bit.Store has achieved certain success when achieving impressive numbers such as: 200,000 users globally, 50,000 daily active users. With the above information, hopefully readers can take it as a basis to learn more about the project before making an investment decision for themselves.

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