BitBean Coin – A More Efficient Cryptocurrency?
BitBean Coin is a cryptocurrency, probably better known as digital money. Digital money in the form of cryptocurrency is in the process of making a real mark upon the world. The developers of the BitBean Coin (BITB) are now in the process of achieving much more besides.
Their goal is clear: to establish BitBean as a global means of payment. National borders and the exchange of money from one currency to another would no longer prove a problem. International trade would be simplified.
But why should the BitBean coin and not another form of cryptocurrency play such a pivotal role in this seismic shift? The developers behind the coin are confident that their currency is ahead of the competition in many areas.
For one, it’s the first digital currency of its kind to offer a block size of 20 megabytes. It is also much faster and more efficient than other forms of cryptographic money. In everyday life, this is particularly important if a bank transfer is to be carried out.
Money is sent and received in seconds. For the administration of this cryptocurrency, a wallet is required. This is commonly described as a kind of depository for cryptographic money.
Wallets can are available for download for all major operating systems and can be purchased from different vendors. Most of them are not associated with fees and are available in digital form only.
Therefore, anyone who decides to use the BitBean coin as a means of payment will need nothing more than a smartphone to manage their personal finances. In the medium term, however, cryptocurrency payments in stationary trading are conceivable.
A Look at the Facts
Before an investor invests money in a cryptographic currency such as the BitBean coin, proper consideration should be given. Even in the case of BitBean, it is worth taking a look at the hard facts. Important values such as market capitalization and daily trading volume are key focus areas.
The first value is the sum of the number of available coins multiplied by the current daily price. The higher this value is, the more popular a cryptocurrency is. Despite being relatively new, BitBean already achieves a market capitalization of more than 8 million US dollars. This is a significant number, but is not high enough to reach the full potential.
Through targeted marketing campaigns, the developers can likely increase the awareness of this coin. It is quite possible that BitBean could catch up with the pioneer of this segment, Bitcoin. Meanwhile, the daily trading volume is no less important for assessing a cryptocurrency.
It shows how liquid such a currency is. The higher the value, the easier it is to buy and sell coins on a stock exchange. The average trading volume of this currency is over one million US dollars, another impressive value that makes trading an enticing prospect for private investors.
The BitBean Coin and the Team Behind it
The story behind this cryptocurrency is as interesting as its benefits. This coin was created with the aim of enriching international financial markets and being open to private investors. Unfortunately, only a few people have the opportunity to earn money with investments.
The only ones able to do so are members of the financial upper class. For normal investors, this is not only disheartening, it is also a real democratic problem. If only a select slice of society is able to participate in financial freedoms, something is clearly very wrong.
The developers of BitBean wanted to eliminate this injustice once and for all and have pushed the development of this cryptocurrency accordingly.
The special thing about BitBean is that anyone who wants to participate in the project can contact the development team directly. In addition to a curriculum vitae, a statement of motivation should be included in the application.
The progress of this currency requires support in areas such as software development, marketing and creative inspiration. Anyone with a creative concept should certainly get in touch with the team.
Goals and Ambitions
Apart from the democratization of the financial sector, another important goal for BitBean is fast transactions for everyone, so that transfers can take place in just a few seconds. Both recipients and the senders of BitBean can enjoy great flexibility.
Also, international financial transactions can be simplified by the use of a single currency. A global means of payment has long been a dream for many in the business world and it can now be finally put into practice.
Digitization makes financial requirements quite different from those of previous decades. According to experts, there is a strong chance that BitBean coins will soon play a major role in our financial systems.
BitBean Coin – A Summary
The BitBean coin may prove to be a major revolution in the financial sector. This digital currency was created by a development team with a clear vision. This vision was to simplify international financial systems and create new levels of transparency.
Neither the state nor third parties can gain illegal access to your account when making transfers with BitBean. The combination of a blockchain and safety technology makes this coin a pioneer in terms of security. Investors in this currency can also look forward to the promise of a considerable return.
Coin-Report.net was founded by Thomas Mücke.
With the help of Coin-Report.net magazine, he tries to bring light to the field of crypto-currency.