First time registration: Sign Up with just email id and get started with Bitbns.
Then by clicking on the activation link received at the email address indicated, Bitbns account gets created. In continuation to which, PAN card (front side upload), bank account details and Aadhaar card (front side upload) documents should be uploaded. This process enables Bitbns in stringent adherence to KYC guidelines.
After KYC documents validation (takes 30 minutes only), investors will be notified about account activation via email.
using NEFT/RTGS/IMPS or UPI investors can send funds to their Bitbns account and begin purchasing XTRABYTES (XBY) instantly.
Transfer of XTRABYTES (XBY) from/into Bitbns account to other wallets can also be done in just 10 minutes on the Bitbns website.
XTRABYTES is a surprisingly new technology in the world of cryptocurrencies, as it offers PoSign (Proof of Signature) consensus via STATIC nodes in place of anonymous individual blockchain signatures as seen with other altcoins. This means that instead of just any one node verifying a signature on a block comprising random nodes, all the STATIC nodes in the network would sign the blocks, thus ensuring complete and accurate consensus in the entire network. So far the XTRABYTES team were able to hit 40 times more the speed of Bitcoin transactions over a micro test net network. Most importantly XTRABYTES is not an ICO but community driven project.
Bitbns is India’s instant crypto exchange that currently offers investors the opportunity to purchase and trade various cryptocurrencies or they are also well known as altcoins. Bitbns has very clean user interface and offers quick trading along with exciting offers for investors.
The prices fluctuate based on local demand and supply.