Register with Bitbns: Registration on the platform is completely free and has no cost. First and foremost, to access the platform, simply visit www.bitbns.com. Enter your name, phone number, email, and password. Then you will receive an email to validate the registration.
Verify Bitbns account: The verification process costs nothing and will mainly allow you to operate your account without limits or restrictions. It is advisable to verify it above all.
The process consists of 4 key steps and very simple to do.
Email: This step you did before confirming the registration. It consists of verifying your account by clicking on the confirmation link found in the email that Bitbns sends after registration.
Phone: You must add your mobile phone number and you will receive an SMS with a personal and one-time use pin. The pin is the digits that you will have to enter in the validation box.
Upload ID: A copy of your ID, Aadhar card, PAN Card (front and back upload) in order to verify your identity (KYC verification will take 30 minutes only).
Payment: The last step will be to add bank account. Using NEFT/RTGS/IMPS, investors can transfer funds to their Bitbns account and begin purchasing Flash (FLASH).
Transfer of Flash (FLASH) between other wallets from/into Bitbns account is also possible which is just a 10-minute process.
In the world of cryptocurrencies there are several concepts, a concept dependent on an important action, which is the mining, that almost all of us, who have had to do with this issue of encrypted coins, we have more or less clear. Another concept derives from the previous one, which is simply that those who developed or the administrators of a specific cryptocurrency, take a percentage of it to distribute it among a certain number of users, after it complies with certain conditions imposed for that purpose. by these administrators.
Normally these pre-mined coins are the result of block genesis of the blockchain, and at the beginning of the distribution of these, new blocks are created with the data offered by customers or partners who fulfilled the required requirement, which can be something as simple as it is. Fill out the form of a web page, each administration or developer has his way of applying the pre-mining concept. As you may realize is an idea that has to do logically with the momentum of the project itself, it is a really big market strategy.
This is precisely the startup strategy promoted by Flashcoin, based on Litecoin technology that was developed with an MIT license and is inspired by Bitcoin technology itself. Now that FlashCoin differs from the two cryptocurrencies named above, in the promise of greater scalability of its blockchain by offering a transaction in less than 2 seconds, up to 25 thousand transactions per second. Another difference resulting from the previous one is the ability to value the contributions to the network more possible objectives where not only the financial contribution as such would be considered but other types of contribution would also be valued, through the free market dynamics, simplifying the processes as such.
Bitbns is the most popular decentralized exchange in the Indian cryptocurrencies market. There are many altcoins and tokens to be traded on this platform. In Bitbns, trading is via a peer-to-peer (P2P) network which is an automated process. Over here, there is no single point of failure.
The majority of altcoins that have completed their initial Coin Offers (ICO) are listed at Bitbns, before being listed on other popular domestic exchanges.