Users can instantly Sign Up with their email id to get registered with Bitbns.
Then by clicking on the activation link received at the email address indicated, Bitbns account gets created. Next, PAN card (front side upload), bank account details and Aadhaar card (front side upload) documents should be uploaded. This process enables Bitbns in adhering to KYC guidelines.
After KYC documents validation (takes 30 minutes only), investors will be notified about account activation via email.
Using NEFT/RTGS/IMPS, investors can send funds to their Bitbns account and begin purchasing Experience Points (XP) instantly.
Transfer of Experience Points (XP) from/into Bitbns account to other wallets can also be done in a span of 10 minutes on the Bitbns website.
XP is a reward incentive and a digital currency (it was launched in June 2016) combined with a single blockchain designed to reward players, students, and people who contribute positively to society and provide a universal high street currency.
XP is a dual purpose digital asset used for achievements and progression and a decentralized and open digital currency.
Players around the world earn experience points (XP) in games and have done so for many years, however, when you got XP, you could not spend them, donate them or exchange them for anything solved until now.
XP are experience points, a unique digital currency based on Bitcoin's Blockchain technology that allows transactions to be made in an open book by recording transactions by quantity, date and time, in addition to preventing fraudulent activities such as double spending.
Some of its characteristics
This coin was launched with the basic POW / POS code. An API and customized technologies will be developed with future partners to meet their scope of technical requirements. The system will be intuitive for any software developer to integrate the XP wallet and use existing API commands to allow XP transactions to occur.
The Experience Points (XP) are an incentive-independent reward token of the platform and a combined digital currency that allow you to earn XP through video games, activities, sports, education and then spend on participating suppliers online, in-game or on the street.
This approach keeps the digital currency completely independent of any bank, central authority, government and corporation, but at the same time allows everyone to collaborate and present proposals, open source code, documentation and content that benefits the other participants and parties in the network.
Although Bitbns has set its foot in the cryptocurrency markets very recently, it is one of the very few exchanges in India listing many cryptocurrencies. Bitcoin, Ethereum, Ripple, NEO, GAS, Stellar and a lot more of them. In fact, these cryptocurrencies can now be bought in India using Indian rupees.