First time registration: Sign Up with email id and get started with Bitbns.
Then by clicking on the activation link received at the email address indicated, Bitbns account gets created. In continuation to which, PAN card (front side upload), bank account details and Aadhaar card (front side upload) documents should be uploaded. This process enables Bitbns in stringent adherence to KYC guidelines.
After KYC documents validation (takes 30 minutes only), investors will be notified about account activation via email.
using NEFT/RTGS/IMPS or UPI investors can send funds to their Bitbns account and begin purchasing Peercoin (PPC) instantly.
Transfer of Peercoin (PPC) from/into Bitbns account to other wallets can also be done in just 10 minutes on the Bitbns website.
Peercoin is a decentralized virtual currency that is based on the principle of blockchain as in the case of Bitcoin. It shares the majority of source codes with Bitcoin and could therefore become the most reliable decentralized currency in the market, either in relation to long-term inflation or for its transaction costs which are relatively low with validation deadlines lower.
The peercoin runs on the blockchain system and all transactions are kept on the network. All units of account are connected to a couple of private or public addresses.
In terms of mining, Peercoin uses the SHA-256 algorithm and you can undermine your currency with ASIC chips. Be aware that mining is the recovery of new units using a pre-established interest rate of 1% and depending on the number of ppcoins you hold.
Bitbns’s simple interface aims to make it easy for the first-time buyers to purchase cryptocurrencies. The most popular payment methods for Bitbns customers are buying using a bank transfer. Additionally, Bitbns has Android and iOS Apps to reach out to investors from everywhere possible. With a plethora of cryptocurrencies to choose from and providing a hassle free trading experience, Bitbns has been achieving its milestones slowly but steadily and is definitely on par among Indian crypto exchanges.