Bankera’s BNK Token to be Listed on HitBTC

June 6th, 2018 at 6:06 pm UTC · 3 min read

This event was long-awaited after Bankera, has completed a record-breaking token sale that attracted over 100,000 contributors from across the world. People who missed their chance to purchase BNKs during the token sale will have a second opportunity to acquire BNK tokens on Monday, when they will be tradable on HitBTC.

Getting listed on leading exchanges in the market is crucial to ensure the liquidity and advancing the growth of the BNK token in the blockchain ecosystem.

On HitBTC exchange BNKs will be paired with major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Tether USD (USDT) to give Bankera’s contributors a wider choice when trading and to make BNK tokens readily available to cryptocurrency traders across the world.

One of a Kind Token

In preparation for listing, the BNK tokens have been submitted to four layers of audit to ensure the ultimate security of the BNK smart contract and then released on the Ethereum blockchain. In the future, BNK tokens will be supported as Nem Mosaics as well, thus BNK token holders will be able to switch between blockchain technologies.

Additionally, each BNK token is entitled to a part of a commission constituted of 20% of Bankera’s and its MVP SpectroCoin’s net transactional revenue. For the commission to be distributed to the token holders, BNK smart contract, unlike any other, was designed to store commission funds in Ether.

Contributors who hold their tokens in SpectroCoin blockchain wallet get their share of commission automatically settled to their accounts every week. Those who decide to keep their tokens on external wallets or HitBTC exchange, will have to claim the commission via smart contract.

What’s Next?

HitBTC is just the first of several exchanges that BNK tokens will be listed on. Once BNK price stabilizes on HitBTC, BNK tokens will be added to SpectroCoin exchange. However, Bankera’s main focus remains on the development of its own trading platform as the company aims to provide its community with a secure, and cost-effective alternative to existing exchanges.

Bankera’s exchange will support most of the major cryptocurrencies such as Bitcoin, DASH, Ethereum, NEM, Litecoin and later ERC20 and NEM mosaic tokens. Additionally, to increase BNK token demand, Bankera exchange will offer holders the possibility to trade BNK token pairs without paying commission fees.

Bankera – A Digital Bank for the Blockchain Era

Bankera is building a digital bank for the blockchain era without costly brick and mortar branches. Launched in 2017, it is an operational fork of SpectroCoin – cryptocurrency exchange, wallet, prepaid card, and payment processor with over 5 years of experience in the market and over 860,000 existing customers.

While SpectroCoin has always been focused on payment solutions for cryptocurrencies and never intended to be a bank, it has developed an infrastructure comparable to the traditional banks and plans to leverage it to build Bankera. Bankera’s digital bank will offer traditional and investment banking services, including savings and loans accounts, low-cost investment products, such as exchange-traded funds (ETFs) and crypto funds, essentially merging banking and blockchain worlds together.



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Disclaimer: Bankera is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.