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Breaking News: Ripple Announces $500 Million Funding Round, Achieving $40 Billion Valuation

Crypto Wallet MetaMask Adds Crypto-to-Fiat Feature – Store your ETH, BNB and BTCS like a pro

Bitcoinist
by Bitcoinist
Last Updated: September 11, 2023 5:00 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The prominent Ethereum-based digital currency wallet service provider Metamask has launched a selling feature that enables participants to convert cryptocurrencies to traditional fiat without external necessitating features. The upgrade goes hand in hand with virtual currency evolution, as more eminent hot and cold wallets are emerging to ease things in the blockchain ecosystem.

Wallets are critical aspects of the blockchain ecosystem that benefit the users. Metamask’s feature will enable cryptocurrency natives and newbies to store their digital currencies like ETH, BNB, and BTCS like a pro. Bitcoin Spark is another upcoming platform that has captured the attention of various investors in the ledger technology. The new digital network has a decentralized application that will act as a wallet that supports other networks.

What is a Binance Coin?

Launched using the ERC 20 protocol on the Ethereum blockchain, the Binance coin has since transformed into the native token of the Binance chain. It became available in July 2017 as part of an initial coin offering (ICO) and maintains a strict cap of 200 million coins.It distributed 10% of its BNB tokens, or 20 million, to venture capitalists, 40% of its tokens, or 80 million, were given to the initial management team, and the balance of 50%, or 100 million, to the different ICO contributors.

Bitcoin Spark Reveals Its Wallet

The decentralized ecosystem has had immense innovations that have sparked the technological world. The ecosystem intends to develop through upcoming platforms promoting advanced cryptocurrency adoption. Bitcoin Spark is the new entrant that has captured the attention of venture capitalists and retail investors.

The platform intends to promote transparency, scalability, and efficiency in the digital currency ecosystem. It has a well-drafted and edited roadmap containing progress details from the point of commencing the initial coin offering towards the post-launch period. The platform has also ensured transparency in its operation ethics through an audit system by three renowned auditing companies called Cognitos, Contract Wolf, and Vital Block.

The platform’s native currency is referred to as BTCS. BTCS is used as a gas token and for awarding community members who actively participate in the network’s development. Validators are among the members who are highly awarded for participating in the platform as they confirm new blocks and provide GPU/CPU power.

Bitcoin has a maximum supply of 21 million BTC, and Bitcoin Spark has a similar supply of BTCS tokens. The total supply will be allocated to mining pool rewards and launch supply, which is 4.55 million. The launch supply will be distributed as follows: 4 million to initial coin offerings, pre-network exchanges and liquidity pools, and team tokens.

Blockchain users wishing to participate in the projected surge can purchase BTCS at $2.25 in the current presale phase four to earn a bonus of 10%. This is an exciting perk that other digital currency startups need to offer. In addition, the participants who purchase BTCS at phase 4 will have a launch profit of 489% during the imminent launch period scheduled for 30th November.

Learn more about Bitcoin Spark on:

Website: https://bitcoinspark.org/

Buy BTCS: https://network.bitcoinspark.org/register

 

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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