Investors need to Sign Up using email id and enter personal information in order to get started with Bitbns.
Then by clicking on a link received on the email address indicated at the time of online registration, the account gets created. Next, photocopies of PAN card, bank account details, and Aadhaar card should be uploaded. This entire process enables Bitbns in adhering to KYC guidelines.
After KYC documents validation (takes only 30 minutes), investors will be notified about account activation via email.
Using NEFT/RTGS/IMPS, investors can send funds to their Bitbns account and begin purchasing Waves (WAVES) in no time.
Transfer of WAVES from/into Bitbns account to other wallets is also possible, which is just a 10-minute quick process on the Bitbns platform.
Waves (WAVES) is a decentralized platform using Blockchain technology, allowing the creation, distribution and exchange of Tokens, while trying to make it accessible to the general public.
Waves was founded in early 2016 by Sasha Ivanov, following a change of strategy by Nxt developers. The Waves platform runs its own Blockchain based on a Proof-of-Stake consensus algorithm. The block time is one minute and each block has a capacity of 100 transactions.
Waves offers a complete Blockchain ecosystem, with all the features needed for enterprise adoption, as well as a number of tools and services that make application management simple for users and accessible to the general public.
Launch of Waves-NG on the mainnet
The Waves team developed a new consensus algorithm based on Bitcoin-NG, a protocol developed for Bitcoin by Emin Gun Sirer, Co-Director of Cornell's Cryptocurrencies and Contracts Initiative. Updated for the Waves proof-of-stake network. Waves-NG is capable of supporting 100 transactions per second, making Waves the fastest decentralized Blockchain system in the world.
Once network nodes are updated with the new version, miners will be able to start placing approval 'flags' in their blocks. After 5,000 blocks (about 3.5 days), the protocol will check how many miners have reported acceptance of the new features. If at least 4,000 blocks (80%) have approved the fork, it will automatically activate after 5,000 additional blocks.
Bitbns is India's upcoming crypto trading platform and is based in Bangalore. The site has an user-friendly interface, has a full Trade page at the screen with scrolling feature. Bitbns mobile phone apps, available for both iOS and Android, allows customers to trade cryptocurrencies on the fly easily. If you are looking for a secure, reliable and decentralised exchange with good liquidity, then Bitbns is your exchange of choi