BTC.Secure

2021-03-11 17:17:18 Access the best DeFi services with BIPx

The Minter team has announced new opportunities for owners of the network’s native utility token — BIP.

To access the best DeFi services, a token called BIPx will be created in the Ethereum and Binance Smart Chain blockchains.

This is not a completely new token, but a “mirrored” one to the BIP, i.e. for the release of each BIPx, the BIP is taken as collateral at the rate of 1:1.

The issuance of BIPx tokens will be completely decentralized by validators in the Minter Hub sidechain, which guarantees an equal number of blocked BIPs and BIPx issued under them.

What will this give current and future BIP owners:
- Earning opportunities in the best DeFi services. From a single Minter wallet in the Ethereum, Binance Smart Chain, and Minter blockchains.
- New listings on exchanges. Simple and fast on both decentralized and centralized exchanges. The appearance on the BIPx exchange is equal to the BIP listing (the rate is 1:1).
- More rewards from staking. More transactions in Minter and more BIP delegation rewards.

How to get BIPx?
Exchange BIP for BIPx at the rate of 1:1 by transferring BIP to the multisig addresses of validators in the Minter Hub sidechain. This will be a separate announcement with details.

Do I need to change BIP to BIPx?
We can expect an increase in rewards from BIP delegation and the staking will be even more interesting. But if you want to diversify the way you receive rewards, you can exchange some of the BIP for BIPx and participate in DeFi. This can be done at any time, as the 1:1 rate and the rise in the BIPx price will also affect the BIP.

A few important points:
- Tokens will not be 2 times more. The number of BIPx is always equal to the number of blocked BIPs.
- The BIPx rate on the exchanges will be +/- the same as the BIP rate. It will be leveled by arbitrators.
- Free exchange of BIP to BIPx and back at the rate of 1:1 will be automated, available at any time and for any volume.

Read more about BIPx in the article — How to Make Money on DeFi with BIPx.

We expect an increase in the value of BIP due to real use in DeFi and a decrease in the free float of BIP due to participation in DeFi services, which implies blocking tokens for interaction with them. Open / Comment

2021-02-28 20:21:06 #6 Pay your fees with any coin or token

A low fixed fees in $ is great, but even better when you can pay it with any coin or token in Minter, including transferred digital assets from other networks.

The issue of paying transaction fees is still a sore point for cryptocurrencies and blockchain platforms (especially Ethereum). For example, when there are tokens in the wallet, but they cannot be transferred until the balance is replenished in a digital asset used to pay commissions (for example, ETH).

That is, you have money or assets, but you can not use them, even if their value is enough to pay any transaction fee

In Minter, the fee for sending transfers, asset exchanges, and other transactions is charged in any digital asset available on the wallet. You don’t even have to choose which coin or token to charge the transaction fee from, the wallet will do it itself. That’s how simple and convenient it is.

Sending USDT? Pay a fee in USDT of $0.01, and in less than 5 seconds the money will be with the recipient.

You can send a Tesla share by paying a fee in Tesla shares

Why #BIPmore1USD?
- With Minter, you can forget about the “gas” problem and perform the necessary operations in almost any situation.
- Paying transaction fees with any assets significantly saves money and time. Open / Comment

2021-02-27 20:21:03 #5 Low fixed fees in $

Sending any kind of digital money and assets on the Minter network costs only $0.01, regardless of the volume.

The exchanges will cost $0.03+0.2% if a token or coin that has no reserve in the BIP, and only $0.03 if the coin has a reserve.

The fees are denominated and fixed in the US Dollar , which is the most understandable currency for people around the world.

In Minter, you always know exactly how much you will pay, and you don’t have to worry about the transaction fee.

Why #BIPmore1USD?
- Low fixed fees in Minter allow you to make small instant transfers without significant operating costs.
- On the other hand, it is cost-efficient to make large transfers, because the fee for any volume is only $0.01.
- Due to the binding to $, everyone understands the cost of any operation in the blockchain, and this is very convenient.
- Business gets predictability in terms of prices and can not think about volatility. Open / Comment

2021-02-27 17:17:18 #4 Everything is fast, almost instantly

Any operations in Minter are performed so quickly that soon you literally forget that it can be somehow different.

Click the button (send, exchange) -> Immediately see the result (confirmation of a successful operation)

Do you need to make an urgent payment, transfer to another person, or exchange a digital asset? It will take less than 5 seconds at any time of the day or night.

You just
stop
thinking
about the waiting time

At the same time, any operations are final and do not require waiting for “confirmations” of the network, as is often the case in other blockchains. No one will wait at the checkout for tens of seconds and even more minutes

Practice shows that people are willing to wait about 5 seconds at the time of making a payment at the checkout. This is how long it really takes to pay with a bank card, it has already become a habit and is not noticed at all.

And the name of the native utility token of the Minter — BIP network is read BEEP, like the sound on the cash register “beep” when the payment has passed.

Why #BIPmore1USD?
- Instant payments, transfers and exchanges in Minter are very convenient, and it allows you to save time — the most valuable resource that people have.
- Operations are immediately final, which makes Minter as reliable as possible, and this is especially important when working with money and assets.
- For traders, speed means even more, instant exchanges are simply profitable and increase the income from transactions. Open / Comment

2021-02-26 21:09:18 #3 Sending any digital asset in any volume and anywhere in the world to the Email address

In Minter, you can instantly transfer any digital asset to an Email address with a fee of $0.01 (fixed for any amount).

To make a transfer, just enter the recipient’s email address and the amount. The recipient may not even have a previously created wallet — and will still receive the transfer, which will be notified by email.

The recipient can use the received amount immediately:
- Exchange for another digital asset ($0.03+0.2%), buy shares, for example
- Send ($0.01)
- Purchase digital products that are already more than 20,000 (Apple Music, Spotify, XBOX, and so on) or top up your mobile phone balance

It is easy for anyone to create their own wallet in Minter — https://wallet.minter.org

Or by using an invitation to MinterID, if you have a Google account — https://id.minter.org

Why #BIPmore1USD?
- All major digital assets of the world (currencies, crypto, stocks, gold, oil, and thousands more) available 24/7/365 for transfers globally.
- Easy registration of a Minter wallet by email, which is available to every smartphone user.
- Sending transfers to those who have never had a wallet before and are not familiar with digital assets and money.
- Transfers in the Minter network are cost-efficient ($0.01) and lightning-fast (~5 seconds).
- No one can block an account, cancel payments, or charge money for something at their own discretion.
- Using email gives you a certain level of anonymity and security (depending on the email provider, activated security features, and a strong password). Open / Comment

2021-02-26 20:45:18 #2 Instant exchange of digital assets in your wallet

All digital assets available in Minter can be freely exchanged for each other in any Minter wallet.

To do this, you need to select the desired asset to purchase and the asset to be exchanged, as well as the transaction amount.

The exchange will be made instantly in 24/7/365 mode with a speed of less than 5 seconds under the best market conditions, and its cost will be only $0.03+0.2%.

Why #BIPmore1USD?
- With Minter, the exchange of digital assets no longer requires registration on exchanges and the use of exchangers, which greatly simplifies the exchange task for users.
- Exchange operations are performed around the clock with the reliability of the blockchain, which guarantees their execution and full transparency.
- The best market exchange conditions, low cost and instant transactions are simply profitable. Open / Comment

2021-02-26 17:31:24 #1 All popular digital assets in one place

The Minter blockchain fully implements* the Internet of Money concept.

Minter combines all possible digital assets in one technically advanced blockchain, which is already ready** for mass global use.

With a single Minter wallet, you can interact with:
- Cryptocurrencies (BTC, ETH, UNI, BNB and others)
- Digital money (USDC, USDT and others)
- Assets (stocks, gold, oil)
- Branded money (loyalty points, rewards)
- Various tokens (rights, votes, security tokens, utility tokens)

The list of digital assets will expand to thousands of possible options.

Preview of Minter as a Digital Assets Marketplace — https://minter.network/2

Why #BIPmore1USD?
- Global access to digital assets in one place — it’s convenient. Minter best solves the problems of users who want to interact with digital assets.
- In practice, everything is fast, profitable, reliable and simple for users. We will discuss these points in more detail in the following posts.
- Banks, e-wallets and exchanges can use Minter as a single secure solution for easy and reliable access to the market of digital currencies and assets.

*Starting with the Minter 2 version, public testing of the update started on February 23, 2021.
**Millions of transactions per day, was proven in December 2020. Open / Comment

2021-02-26 17:21:19 We are already preparing for publication the cool things and benefits of the Minter blockchain and the network’s native utility token — BIP.

Meanwhile, the Minter team has already launched a public testing of Minter 2: they published a preview and an article on Medium.

The Minter 2 test network is called TacoNet , because the updated blockchain will contain wrapped tokens of other networks — BTC, ETH, UNI, USDC, DAI, and others. Open / Comment

2021-02-21 12:08:35 Why Minter 2 and BIP

Digital money available globally. Cryptocurrencies (BTC, ETH, UNI, BNB), stablecoins (USDC, USDT) and assets (stocks, gold, oil), the list of which will expand to thousands of possible options.

Which can be freely exchanged for each other. Exchange of any asset into any other without registration at the exchanges. Just right in your wallet.

Or send in any volume to anywhere in the world at the Email address. Even for those who have never had a wallet before and are not familiar with digital money. The recipient will be able to immediately use the received transfer, because the Minter wallet is easier than any online bank.

Almost instantly. The speed of any operations is up to 5 seconds. Users don’t need to think about time. They clicked the send or share button and that’s it. Finally, with the reliability of the blockchain, and no expectations of “confirmations”.

Without thinking about the commission. You can forget about “gas” forever, the commission will be debited in any asset and will be a fixed amount of $0.01 for transfers and $0.03 + 0.2% for exchanges.

Everyone will be able to fully participate in the decentralized economy. Provide liquidity and receive commissions for exchanges, as well as through staking, receive commissions for any transactions on the network, the cost of which is fixed in $.

Traders will be able to freely trade all the available range of assets directly in a secure wallet. Make instant exchanges and transfers of assets with transparent commissions of $, benefiting from the reliability of decentralized trading with real volumes, final transactions and real ownership of assets in your wallet without using exchanges.

Ethereum users will be able to transfer their transactions to a fast and efficient blockchain, while retaining their tokens. They will be able to easily switch to Minter for trading and mutual settlements/payments, without suffering from low speed and high commissions. Tokens can be freely transferred from Ethereum to Minter, and back again.

It’s easy for businesses to use Minter 2 to create utility tokens, loyalty points, and for payments. Integration is easier than any other blockchains. This is the best solution on the market for current businesses in the topic of blockchain and those who are just entering the world of digital assets.

P.S. The BIP price already is over $0.015 on Bithumb Global. It’s around x10 in 10 days. Open / Comment