After a recent presale of BNBCH, the BNB Fintech is announcing new developments. Among the developments include token price increases and listings in top sites.
BNB fintech is a network introducing crypto-focused payment solutions for the benefit of enthusiasts. At the start of October 2021, the network held its public presale and sold 280k BUSD in merely 7 minutes.
Later, four top crypto networks Coinmarketcap, Coingecko, Livecoinwatch, and Worldcoinindex, listed the BNB Cash coin. The listing comes when the network is planning to launch services very soon. According to their Twitter page, Worldcoinindex listed BNB Cash as a utility token.
After the start of the presale and listing on Coingecko, the BNBCH vastly grew in value. For instance, within 24 hours of launch, the BNBCH value increased from 0.016 to 0.089. A few days later, the coin hit $0.174195, an over 1000% increase. The community has been vastly supporting this project recently.
As mentioned earlier, the BNB fintech prides itself in providing top payment solutions based on crypto.
BNB Fintech’s Payment Solutions
As a payment gateway or payment solution, this platform introduces multiple tools to achieve its objective. One such tool is the P2P crypto marketplace. In the marketplace, individuals will buy goods and services directly from merchants using cryptos. The primary token used will be BNB cash. But, in the long run, the network will add more tokens as they aim to reach the entire crypto space.
Another tool coming soon is debit card support. Due to the increasing use of Debit cards, it’s generally a good idea for BNB Fintech to provide a similar solution. They plan to work with Simplex to help integrate BNB Cash into popular debit cards like Mastercard and Visa.
BNB Fintech also introduces a point of sale system. Today merchants may fear accepting crypto because they don’t have a proper tool. Yet, BNB Fintech will launch the POS, which will track crypto transaction flow in real-time.
As a final tool, BNB fintech will integrate a wallet option. The primary role of this wallet will be hosting the rest of the network’s services. Although this product is paramount, this will be the last feature to launch.
Based on Binance Chain
BNB Fintech leverages blockchain technology to provide much-needed services to crypto enthusiasts. They use the Binance smart chain, and as such, the BNB Cash token is a BEP-20 token. But why BSC?
The BSC proves to be the best alternative for the Ethereum chain. Projects are currently switching from Ethereum because of high gases and low speeds. Yet, BSC provides services at more affordable costs and high speed. Hence, users of BNB Fintech will enjoy services at friendly fees and maximum scalability.
BNB Fintech and Audit Report
As a Defi network, auditing is paramount. Due to the increasing numbers of scams in crypto, it’s often hard for people to trust a new project. That’s where BNB Fintech recently underwent an audit to certify that its contracts are reliable. The audit was conducted by a popular Defi auditor, Solid proof. The network gave BNB the go-ahead to continue with the business since smart contracts are safe.
Apart from the audit, Solidproof conducted a KYC scan on the BNB Fintech team. A KYC scan aims to ensure that people connected to the project are not fraudulent. KYC scans, therefore, test the money laundering risks associated with the project. But, Solidproof scanned the BNB Fintech team and did not report any issues.
According to their roadmap, they will be conducting another audit in the first quarter of 2022. Certix, a top blockchain auditor, will conduct the audit. The goal again is to ensure all their services remain reliable and trusted by users.
To be a member of the BNB Fintech community, please, visit their social pages.