BUX Crypto Newsletter #17 Dear community, We're bringing you | Bux announcements
BUX Crypto Newsletter #17
Dear community,
We're bringing you the seventeenth newsletter of BUX Crypto on Valentine's day with love!
In this newsletter, we like to give you a quick update on our team's developments.
First of all, as a result of the rapid growth on our platform, the BUX Token has reached a new year's high of $0.32!!
Also our BUX signup promotion has ended in January. So as of this month, you need to hold 1.000 BUX tokens in your portfolio to automatically enable zero-commission trading on your account.
Furthermore, Tesla announced last week that it bought $1.5 billion worth of Bitcoin. We believe that this is truly one of the most iconic moments in the history of Bitcoin. As a result, Bitcoin reached a new all-time high which resulted in significant growth on our platform breaking some of our own daily records.
A big shout-out to our team for making sure everything kept running smoothly!
In the past weeks we've worked on:
Successful deployment of the new exchange integration, allowing us to list new crypto assets on the platform and to provide better prices for our users. Now we can add a selection of new assets in the coming weeks and also lower the minimum trade amount of €30 to €5 euro for most of the main trading pairs.
Limit orders (the option to buy and sell cryptocurrency for set price levels), launch of this new feature is set for Q1.
Scoping and conceptual development of the new utility improvements for the BUX Token. Details will be shared in the updated version of the BUX Crypto roadmap.
Development of the BUX Crypto deposit and withdrawal verification app that is in line with the new Dutch crypto laws for cryptocurrency service providers.
The new BUX Community Forum. First invites to a selection of BUX Ambassadors for the private beta of the Forum have been sent out. The public launch is scheduled for the 5th of April.
In the coming weeks we will work on:
Continuing the work on new product features mentioned above.
Starting the listing process of new assets. Specifics about new listings will be shared in separate announcements.
Looking into Pancakeswap as a new addition for the BUX Token markets.
Integrating a new payment service provider that enables us to offer more (local) payment methods and credit cards.
DNB registration: We have not received a response from the DNB yet.
And, in order to accelerate all our plans for development this year, we are looking to hire new developers!
So, if you are interested or know someone who might be interested to join our team, feel free to check out the open positions at our careers page.
Let me know if you have any further questions in our Telegram community channel or follow us on Twitter.
Cheers from Amsterdam,
Kai Bennink
Head of Strategy
