From Humble Beginnings to Blockchain Innovation
Founded in 2015, CreditBit embarked on a mission to harness the power of Blockchain technology and make financial services accessible to everyone around the globe. With a cryptocurrency developed on a Bitcoin-like Blockchain, they are leveraging advanced technology to boost transaction speeds. Who wouldn’t want to speed up payments while munching on their favorite snack?
Penetrating the Chinese Market
Recently, CreditBit took a giant leap into the bustling Chinese market. A telling example of their impact came when a savvy Chinese trader decided to buy up every last CRB coin on the order book, causing prices to soar faster than a rocket ship! With a current market cap of $13,757,594, a price of $1.09, and trading volume at $437,092, CreditBit is catching the attention of investors eagerly looking for the next big thing in crypto.
Translating Success
The successful launch of their whitepaper translation for DaBTC was a game changer, enhancing visibility and appealing directly to the Chinese audience. In a land where buying power is as abundant as noodles are in a Chinese buffet, this clever strategy is expected to drive significant traction for CreditBit.
Making the Move to Ethereum
In their quest for evolution, CreditBit has introduced the Credit 2.0 project, a significant step that involves migrating to the Ethereum Blockchain. Why the move, you ask? Think of Ethereum as the upgraded buffet—it offers faster transactions and a comprehensive programming language that opens the doors to advanced smart contracts and innovative currency mechanisms.
Migration Details
The inaugural migration round kicked off in early March and wraps up on April 8. This means CreditBit can now be easily bought and sold on various Ethereum wallets like Mist and MyEtherWallet. It’s like getting a new passport to travel in the world of cryptocurrency!
Putting Users First
CreditBit has their eyes firmly set on user experience. In anticipation of completing the migration, they released a detailed update on synchronizing Wallets, alleviating the tech woes users often face. It’s like they say: happy users make happy cryptocurrency! The development team is also working closely with exchanges to ensure an effortless migration process.
Introducing CreditBit Info App
In a continued effort to keep their users informed, CreditBit plans to launch the CreditBit Info App. Designed for smart device fans, this app will deliver real-time price updates as well as insights into markets where CreditBit loves to hang out.
Looking Ahead: Faster and Safer
CreditBit prides itself on being a game-changer in the cryptocurrency arena, boasting a coin that’s reportedly ten times faster and more secure than Bitcoin. Whether you’re a seasoned investor or just someone dipping a toe into the crypto pool, CreditBit is definitely one to watch in the coming future!
If you’re curious, check out their website or catch the team live at BlockShow 2017 in Munich. Who knows? You might just stumble upon your next favorite digital currency!
