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The B21 Token: A look at its possibilities and applications

 
 
 
 
 
 
 

As the market shows volatility and the weak hands are shaken, one thing's for certain - tokens with no use case will vanish from the market and tokens with a justified idea, team and an actual requirement will stay. Branded token launches are far from a new concept in the crypto sphere. And often, they amount to little more than the equivalent of loyalty points. But every once in a while, a token comes along that is truly a gem. One of those is the B21 token.

Users who are new to crypto are often perplexed because they have only recently begun to learn about the concepts. In the midst of this, navigating across complex exchange platforms can be much more difficult. B21 is a platform that seeks to make cryptocurrency more accessible to the general public, with emphasis on beginners in the field. B21 is an easy and user-friendly platform which acts as a complete ecosystem with a vision to onboard the next 100 Million users to crypto.

To access the platform, all you need to do is install the B21 Invest App. This super app is not only available on both the Google Play Store and the App Store, but is also the best option if you want to start investing in cryptocurrencies in a smooth and easy manner. The app allows you to trade and invest in ten different cryptocurrencies, including Bitcoin, Ethereum, Dash, and the B21 token, which is the platform's utility token. With as little as $25, you can get started on your investment journey.

The B21 Token

Undoubtedly, the B21 token is the standout feature of the B21 Invest app. Based on Ethereum’s ERC20 standard, the B21 token forms the base of all transactions and fees on the app, including rewards.

To cater to multiple DEXes and ecosystems, the B21 token supports integration with multiple blockchains, it can be operated on multiple blockchain platforms like Ethereum, Matic, Binance Smart Chain, Solana, etc. Currently, the token is live on both Ethereum and Binance Smart Chain, and integrations for other platforms will follow up soon. The token has considerable potential and there are various benefits you can get from holding them.

The B21 token, which was first listed on Bitfinex, made its listing debut on 20 Dec 2020 at $0.063. As of mid May 2021, the token is available on Pancakeswap, Uniswap, and Hotbit as well. On 7th May, the price of the token peaked at $0.55. The total supply of tokens is set to remain constant across all blockchains.

The tokens can be purchased directly from the app itself using your credit card/ debit card, bank transfer, or local payment methods available within the app for your region. B21 token can also be bought on multiple exchanges including Bitfinex, Uniswap, Pancakeswap, Hotbit.

Along with in-app rewards and benefits, B21 token is also used to upgrade VIP status within the app. B21 app comes with 4 different VIP levels - from 1 to 4. The available cards, token lock-ins, and other features vary depending on these user levels, as shown below:

The coin’s performance year to date is as follows -

Earn B21 token as rewards

Here’s how you can earn the B21 Token as rewards:

  • Sign Up Reward - Once you’ve installed and set up the app, complete your profile to earn B21 tokens worth $2.
  • Welcome Bonus - When you complete your first investment not less than $50, you are eligible to win B21 tokens worth $5. You are also eligible to earn a $5 reward for every next investment of $100.
  • Referrals - Invite your friends and family to install and use the B21 app, and both you and your friend can earn rewards of $2 for every successful registration.

In addition, when you stake assets on the app, you can earn B21 tokens. When you stake more crypto assets, you can earn more B21 tokens.

Why The B21 token Is Hot Right Now

B21 is also the first platform in the world to introduce a Crypto Credit Card, with three variants available through the app. By locking B21 tokens for a specific period of time, you can not only get a FREE Visa Credit Card, but you also enjoy lower fees, staking rewards, and other premium features on the app. Soon B21 will also bring dedicated USD Bank accounts for all the users.. As a result of staking, not only is the free supply in the market reduced, but the company can buy more tokens from the market and burn them on the basis of the growth of the platform.

Conclusion

Indeed, the B21 token boasts some great features, but what’s critical is that the token plays a very critical role in the growth of the B21 ecosystem itself. For those who’ve only been exposed to complex crypto ecosystems, both the app and the token will help to bring the next generation of people a lot closer to cryptocurrency and its other concepts, including Decentralized Finance and NFTs. Bringing crypto to the masses has always been the primary vision of B21, and they are certainly winning at that.

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