BUX Crypto Newsletter #36
We’re bringing you the thirty-sixth newsletter of BUX Crypto.
Yesterday we’ve seen a big dip in the crypto markets, Bitcoin has made a drop to $43.000 and bounced back to $49.000 dragging a lot of altcoins down even further. The million dollar question is: are we still continuing the bull run or will we switch to a bearish trend?
What we’ve worked on in the last weeks:
Listing two new assets: Axie Infinity (AXS), and Terra (LUNA) can now be traded directly with Euro and Bitcoin!
BUX Zero integration. By offering BUX Crypto in BUX Zero, users will be able to create a uniquely diversified portfolio of all popular stocks, ETFs and cryptos all from one app. The integration’s now in the testing phase, which means that trading crypto in Zero is being tested intensively. The first tests have been positive and the team is still on track for the current release. More detailed info on the BUX Zero integration in the next newsletter!
BUX Token Bridge. Next to bridging the token from Binance Smart Chain (BSC) to Ethereum (ETH) we are also extending the bridge to the Avalanche network (AVAX) this month.
Utility improvements. Currently, the main utility of the BUX Token is that it gives users the option to trade with 0% commissions (100% discount) when users hold 1,000 BUX tokens or more in their portfolio. In the next iteration we are considering to create a more advanced token model that offers a broader range of incentives for our platform users.
Crypto deposits. This month we aim to open up crypto deposits for several currencies.
Crypto registrations. We are applying for multiple crypto provider registrations in other EU jurisdictions.
Check out Arne’s latest video about BUX Crypto. Keep on coming with the content Arne!
If you’re interested to join the conversation with other BUX community members, please do check out the BUX Community Forum
BUX Crypto wants you!
We’re happy to say that we’ve been able to fill several of our open positions but we’re not there yet and can use your help!
In order to accelerate all our plans for development this year, we are looking to hire new developers and fill other positions. So, if you are interested or know someone who might be interested to join our team, feel free to check out the open positions:
Cheers from Amsterdam,
Head of Strategy