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 Shift (SHIFT).
Transfer of Shift (SHIFT) between other wallets from/into Bitbns account is also possible which is just a 10-minute process.
Shift intends to decentralize the internet and the team has already taken initiatives since its inception for their mission by creating a DApp called Phantom and a DApp named, SDK tool (which were released in September 2017). Shift is written in JavaScript. The Phantom release has been a great liking among users and Shift community as it allows them to store files on the decentralized internet using the IPFS protocol. The tool allows developers to build decentralized applications on the Shift blockchain, thus gradually increasing the value of the coin.
Shift uses a decentralized Proof of Stake system algorithm to mine the blocks (dPoS is a better environmental option as it requires less energy for blocks to be forged.) As energy will become more expensive in the future, dPoS systems ensure that the Shift code is future proof.
Bitbns is a decentralised cryptocurrency trading exchange, which is privately held by BuyHatke Internet Pvt Ltd. This platform helps investors to trade on multiple altcoins like Bitcoin, Ethereum, NEO GAS, Stellar, Ripple and Verge. With Bitbns, Indian investors community have access to plenty of not-anywhere found altcoins. Thereby bringing optimal choices to novice Indian investors on their screens for trading/buying/selling cryptocurrencies in a few clicks.
The prices fluctuate based on local demand and supply.