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Bit.Store is expecting to become an indispensable tool for Bitcoin investors

Published

3 years ago

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With the global spread of the Covid pandemic, more countries or regions have gradually begun to suffer severe economic losses, which has slowed down the economic growth in many countries and increasingly caused serious inflation. Although most regions do not have as severe inflation as Venezuela, cash assets seem to be gradually depreciating at a remarkable rate.

Asset allocation has gradually become the most effective way to offset inflation. As the price of Bitcoin continues to rise and its market size continues to increase, Bitcoin as an emerging asset is gradually being accepted by traditional investors, and when compared to traditional assets such as stocks and bulk assets, Bitcoin seems more welcomed by investors. Although Bitcoin has aroused an investment boom, however for many novice investors, the threshold for obtaining Bitcoin is still very high. After all, traditional investors do not have that many channels to buy Bitcoin as easy as getting stocks and funds.

Among the platforms that support the direct purchase of bitcoins with fiat currencies, they mainly include CashApp, Paypal, and Bit.Store. First of all, from the perspective of regional characteristics, CashApp and Paypal are payment tools based on support from the North American market. Therefore in terms of user group, CashApp and Paypal are more inclined to become the hub for North American users to buy bitcoin, while Bit.Store is oriented to business operations in other markets, namely Southeast Asia and Europe. Bit.Store can provide users with easier entry and low-cost channels to obtain Bitcoin.

Many Bitcoin investors are excited at the emergence of Bit.Store, which literally builds a bridge between Bitcoin and fiat for convertibility. Therefore, Bit.Store is mainly for BTC investors or potential investments. Bitcoin, as a decentralized asset, is different from traditional assets such as stocks and it can be circulated out of the trading platforms, so any improper custody and storage of BTC assets may cause certain security problems.

When offering its service to users, the Bit.Store platform itself do not hold or help users keep BTCs, but it will entrust the BTC assets in Coinbase, the world’s largest cryptocurrency exchange, and in Cobo, the largest asset volume in Asia in terms of crypto wallet. As a professional crypto asset platform, Coinbase and Cobo own the expertise and experience in crypto asset management, which further ensures the security of investors’ BTC assets. Therefore, after users make the purchase of BTC through Bit.Store, the bitcoin assets are optionally stored in Coinbase or Cobo accounts. If the assets are lost in the process, the custodian will repay the full amount. Therefore, when you buy Bitcoin through Bit.Store, you have zero risk of capital loss before you fully withdraw your assets. Of course, for professional BTC investors, after the transaction through Bit.Store, they can withdraw the assets to their Bitcoin account at any time and keep them under their own control. There is no surcharge in buying bitcoin on Bit.Store, and the platform will only charge a 2% handling fee when you sell bitcoins.

In comparison, CashApp and Paypal also support the use of fiat currency to buy Bitcoin, and the channel is mainly built on their own payment business,  hence users need to pay a certain fee whether they buy or sell BTCs. As traditional Internet products, they habitually establish a strong concept as a “platform”. For example, after users buy bitcoins through the above-mentioned platforms, the bitcoins are actually stored in the platform, even the BTC users who deal through PayPal will never be able to withdraw the BTCs.

Therefore, to a certain extent, such an approach will mislead investors who may think that Bitcoin is no difference from traditional assets. Similarly, if the assets are too concentrated, there will be certain problems. For example, if the private key of the wallet on the platform is stolen, it may result in the user’s BTCs being stolen. After all, as a traditional platform, it has no actual experience of managing crypto assets such as Bitcoin. Once the asset security issues arise, users ultimately become the most vulnerable ones.

CashApp and Paypal, which represent the traditional Internet products, do not have operations and maintenance aimed at users. Therefore, in some ways, they are still staying at the level of traditional Internet operation thinking model. This approach seems to be undesirable for the crypto user groups. Based on further integration with the concept of the crypto community, Bit.Store establishes a user group, which is hopeful to form further fission centered for users.

At present, in terms of actual business progress, Bit.Store has come to partner with three global TOP exchanges and provided the users with its gateway services of BTC purchase with fiat currency. It has also partnered with one international bank and one international payment institution. To provide services to its bitcoin investors, Bit.Store is also constantly extending and broadening the user group.

In general, compared to CashApp and Paypal, Bit.Store embodies a more obvious advantage in products. The ecological concept built by Bit.Store is also in line with Bitcoin. Bit.Store may eventually become an indispensable tool for BTC investors.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Denis Matsuev Pays Tribute to Great Jazz Composer

Published

7 hours ago

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December 21, 2024

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The Crescendo Festival’s concert at the Kremlin Palace, headlined by renowned Russian pianist Denis Matsuev, honored the 90th anniversary of acclaimed saxophonist and composer Georgy Garanyan. Held on the International Day of Music, the event featured classical and jazz pieces by Garanyan and other composers, all revitalized with Matsuev’s signature energy. Alongside established colleagues and emerging talents, Matsuev upheld the festival’s core mission: spotlighting young Russian musicians and showcasing the dynamic richness of Russian musical culture. This annual highlight, hosted on Russia’s premier stage, drew not only local admirers but also music lovers from far and wide.

Moscow, Russia, 21st Dec 2024 – As part of the Crescendo Festival, the Kremlin Palace triumphantly hosted Denis Matsuev‘s concert dedicated to the anniversary of the famous Russian saxophonist and composer Georgy Garanian. The spectacular performance took place on the International Day of Music.

This year the legendary musician, Russian pianist Denis Matsuev presented a program of classical and jazz masterpieces dedicated to the 90th anniversary of the famous Russian saxophonist and composer Georgy Garanyan. The audience heard compositions by Garanyan himself, as well as famous works by other authors arranged by the world’s favorite composer. One of the most outstanding pianists of our time performed compositions of various genres, once again demonstrating his unique talent, filling the melodies beloved by all with fresh energy of sound. The concert was also attended by young talented musicians and famous colleagues of Denis Matsuev, well known to Moscow music enthusiasts.

Denis Matsuev has been the headliner of the Crescendo music festival since its creation in 2005. Crescendo is an annual forum of the best representatives of the young generation of Russian musicians. The main goal of the festival is to present young talented performers to the public and demonstrate the creative potential of modern Russian musical culture. Crescendo participants are young, but already world-famous musicians.

The annual Crescendo concert on the country’s main stage – the Kremlin in Moscow – attracts not only Russian fans, but also music lovers from different cities and countries.

Media Contact

Organization: Denis Matsuev

Contact Person: Alexey Pilyugin

Website: https://matsuev.com/en/

Email: Send Email

City: Moscow

Country: Russia

Release Id: 21122421730

The post Denis Matsuev Pays Tribute to Great Jazz Composer appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Electric Pioneer.USDT Drives Data Assetization and Industry Intelligent Upgrades

Published

10 hours ago

on

December 21, 2024

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Driven by the global energy revolution and technological innovation, the new energy vehicle (NEV) industry is gradually emerging as the dominant force in future mobility. However, with increasing vehicle intelligence, the massive amount of data generated during operations has presented significant challenges for the industry. From battery health and driving behavior to energy consumption, each piece of data holds immense commercial value and technological potential. Yet, the current data management systems, constrained by centralized storage, face severe issues such as data silos, privacy risks, and high transaction costs. These challenges restrict the circulation and assetization of data, significantly hampering the industry’s intelligent evolution.

To address these challenges, Electric Pioneer.USDT leverages distributed ledger technology and an innovative DAG (Directed Acyclic Graph) architecture to create an efficient, secure, and cost-effective data management and circulation system for the NEV industry. The platform’s core advantage lies in its decentralized data storage and zero transaction fee mechanism, enabling the free flow and commercialization of data. This innovation transforms dormant data resources into tradable and valuable assets, providing a groundbreaking solution for the industry’s intelligent upgrades.

On the Electric Pioneer.USDT platform, various types of data generated during NEV operations—such as battery health status, driving behavior records, energy consumption distribution, and environmental adaptability—can be safely and efficiently shared and circulated. These data streams not only provide precise support for optimizing vehicle performance but also create immense commercial value. For instance, car owners can securely sell their driving data to automakers to improve vehicle design and functionality. Insurance companies can design more precise and equitable insurance plans based on real driving behavior data, reducing costs and risks. Research institutions can leverage large-scale data to drive continuous innovation and advancements in NEV technology.

At the same time, Electric Pioneer.USDT promotes intelligent development within the NEV industry through efficient data management and real-time analysis. The platform can collect and analyze operational vehicle data in real time, enabling intelligent maintenance and fault prediction. By conducting in-depth analysis of battery health and sensor feedback, the platform identifies potential faults early and provides car owners with precise maintenance recommendations, avoiding unexpected vehicle breakdowns. Additionally, energy consumption data analysis helps optimize energy management strategies, reducing power consumption, extending battery life, and improving overall energy efficiency.

In terms of user experience, Electric Pioneer.USDT delivers personalized smart services. By analyzing driving behavior data, the platform provides optimal driving recommendations and route planning, enhancing travel efficiency and safety. Moreover, it can suggest the best charging stations and times based on a user’s charging habits and real-time location, minimizing unnecessary waiting times and improving overall convenience.

More importantly, Electric Pioneer.USDT’s data assetization mechanism introduces new possibilities for industry collaboration and business model innovation. Data circulation on the platform not only fosters collaboration among automakers, car owners, insurance companies, and research institutions but also stimulates innovative business opportunities and revenue streams. Data is no longer merely stored as a resource but becomes a core asset whose value can be unlocked through sharing and trading. This mechanism establishes an open, transparent, and sustainable data ecosystem, pushing the NEV industry toward a new era of intelligence and data-driven progress.

Looking Ahead: Electric Pioneer.USDT Leads the Industry into a Smart Future

Electric Pioneer.USDT is not just a technological breakthrough but also a powerful driver for the NEV industry’s intelligent, data-driven, and value-oriented evolution. Moving forward, as the platform’s technology continues to be optimized and adopted, Electric Pioneer.USDT will further expand data trading applications and innovative business models, covering more aspects of smart mobility and the industry value chain. The platform aims to build a multi-stakeholder, win-win intelligent data ecosystem.

On the global stage, Electric Pioneer.USDT plans to deepen cooperation with automakers, research institutions, insurance providers, and energy suppliers, driving the NEV industry toward greater efficiency, intelligence, and sustainability through data sharing and technological innovation. At the same time, the platform will continuously enhance data privacy and security technologies, ensuring that user data remains secure and controllable, thereby creating a reliable data management and trading environment for all stakeholders.

Standing at a critical juncture in the development of the NEV industry, Electric Pioneer.USDT brings unique technological advantages and innovative thinking to empower global industry upgrades with new possibilities. In the future, Electric Pioneer.USDT will not only serve as a pioneer in data assetization but also emerge as a leader guiding the global NEV industry toward intelligent and sustainable development. In the broader context, Electric Pioneer.USDT envisions a future where global industries are interconnected through secure and efficient data networks. By providing reliable data management solutions and fostering innovation, the platform seeks to become a cornerstone for the new energy sector’s growth. It will work with automakers, research institutions, and energy providers worldwide to unlock the full potential of data and accelerate progress toward smart, green, and sustainable mobility.

By working hand in hand with global partners, Electric Pioneer.USDT will build a more open, intelligent, and secure data ecosystem, unlocking the full value of data for green mobility and technological innovation. Together, Electric Pioneer.USDT envisions a future filled with infinite possibilities, enabling a smarter, cleaner, and more connected world for all.

Contact name: Ahmed 

Company name: Electric Pioneer

Website : https://electricpioneer.net/

Country: UAE

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Press Release

Kimba the White Lion Coin: A Cryptocurrency Honoring Creativity and Legacy

Published

10 hours ago

on

December 21, 2024

By

The White Lion (KIMBA) realtime price charts, trading history and info – KIMBA / SOL on Solana / Raydium

Kimba the White Lion Coin (KIMBA/SOL) has entered the cryptocurrency market, aiming to attract attention with its mission and performance. On its first day of trading, KIMBA reached a price of $0.0001931, beginning its journey in the competitive digital asset landscape.

With a reported market capitalization Kimba the White Lion Coin joins the growing list of cryptocurrency projects in the meme coin category. It stands as an option for participants exploring this evolving market. 

A Coin with a Purpose

Kimba the White Lion Coin seeks to honor the legacy of Osamu Tezuka, the creator of Kimba the White Lion. Tezuka’s contributions to animation have left a lasting impact, and this project aims to draw attention to his work while supporting his family. Individuals participating in this initiative align with a mission to recognize creativity and celebrate the contributions of an influential artist.

A New Option in Cryptocurrency

Kimba the White Lion Coin offers participants the opportunity to explore its role in the cryptocurrency ecosystem. Its launch reflects interest in projects that aim to combine financial opportunities with broader cultural and social missions.

Token Details

How to Acquire KIMBA Tokens

  1. Create a Wallet: Set up a wallet using the Phantom app or browser extension.
  2. Purchase SOL: Use the Phantom app to buy Solana (SOL) or transfer SOL from another exchange to your Phantom wallet.
  3. Swap SOL for KIMBA: Use the Phantom wallet’s swap feature to exchange SOL for KIMBA tokens.

For more information, visit: https://kimba.life

Media Contact:

 

Name: Kimba

Company: Kimba the White Lion

Phone: 1-800 783-KIMBA

Email: kimbawhitelion@proton.me

Address: 478 Kimba White Lion Way, International Address: Kimba1

City: Kimba

State: South Australia

Country: Australia

Website: https://kimba.life

 

Crypto Disclosure

Cryptocurrencies, including Kimba the White Lion Coin, are speculative assets with inherent risks. Individuals should perform their own research and consult with qualified financial advisors before participating. Past performance does not guarantee future results. Contact the issuer of the asset using the details provided and agree to the terms below.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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