Users can Sign Up for a free Bitbns account and will have to register with email id and enter personal information to get started.
Then by clicking on the activation link received at the email address indicated, Bitbns account gets created. Next, PAN card, bank account details and Aadhaar card documents should be uploaded. This process enables Bitbns in following 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 Nexus (NXS) instantly.
Transfer of Nexus (NXS) from/into Bitbns account to other wallets is also possible within 10 minutes on the Bitbns website.
Colin Cantrell is the creator of Nexus, being an expert in hardware and software, Colin and his other 39 teammates seek to create a fully decentralized global communications network based on a new technology that many see as the future of the network.
Unlike the Blockchain technology, Nexus uses a technology called the Three-dimensional blockchain. It is also known as multidimensional chain (MDC). This technology uses the general principles of Blocks technology and develops its design including more than one dimension. In this way it makes the block chains provide greater security, decentralization and resource utilization. All this compared to traditional block technology.
All this contribution of Nexus that is just taking its first steps, is currently dedicated to the entire mining process that entails some of the cryptocurrencies that exist in the market thanks to the ‘pools’ or mining pools.
The Nexus mining process is based on making mining of blocks easier and faster. So it allows any person in the world regardless of social class and computer hardware that they own may be able to mine this currency (NXS) or offer through the 3DC their hardware so that another person can mine for it. In this way, Nexus prioritizes and prioritizes the entry of users by mining allowing them to take a quote once the block of the chain is resolved, thus decentralizing the acquisition of this cryptocurrency. Another difference that has with Bitcoin, which is increasingly centralized.
Nexus (based on Bitcoin by Satoshi Nakamoto) was created to facilitate the decentralization of exchanges via blockchain technology. However, they consider that no system based on traditional ground-based telecommunications networks is truly decentralized.
For this, the Nexus blockchain will be theoretically secure in space. Low-orbit satellites will provide global network access, with adequate latency, coupled with ground-based devices.
Bitbns aims to exist as an integral part of the cryptocurrency trading ecosystem allowing people to trade seamlessly between various cryptocurrencies. If you are an investor looking to widen your portfolio of altcoins, then it is a quick hassle-free way to buy virtually any altcoin from Litecoin to Zcash with Bitbns.