2 new cryptocurrencies arrive at Bit7Me: APT, XETA and ZBC, among them

Bit2Me has added support for 7 new cryptocurrencies on its platform. 

Bit2Me, the leading cryptocurrency company in the Spanish and European markets, continues to expand the products and services it offers to users through its platform. 

The company, which is focused on improving accessibility to the growing cryptocurrency and blockchain ecosystem, has added support for 7 new cryptocurrencies and tokens

With these new integrations, Bit2Me users can now access a total of 189 cryptocurrencies and tokens through your wallet Bit2Me Wallet

New cryptocurrencies available in Bit2Me Wallet

Apts (APT) 

The Aptos blockchain is a scalable, secure, and upgradeable infrastructure built to address current blockchain ecosystem challenges and drive mass adoption of Web3. This blockchain is based on the Proof of Stake (PoS) consensus protocol and uses an innovative smart contract programming language called Move, which enables the creation of applications in a simple, secure, and fast way.

Through Aptos, developers can create Web3 applications with a focus on user experience, to solve problems and meet the current needs of consumers on a network. These applications can be adapted and evolved to any existing or future need.

The APT token is the native token of the Aptos network. For example, APT is used to pay processing fees on the network, both for transactions and for propagation and storage of validated records. 

Reserve Rights (RSR) 

Reserve Rights is a blockchain protocol designed for the creation of stablecoins backed by ERC-20 assets on the Ethereum network. Stablecoins are called RTokens within this protocol and, by being backed, they guarantee that if any of their collateral tokens fail, there is a pool of value available to compensate for the loss. 

The process of creating new stablecoins on Reserve Rights is simple, as the protocol uses a “Factory smart contracts” system, which allows developers to deploy their own smart contracts on it. 

Its native token, RSR, built on the ERC-20 standard, is used to secure the RTokens stablecoins developed on Reserve Rights. The RSR token is also used as a governance token that allows voting rights to implement improvements and make changes to the stablecoins configuration. 

Xana (XETA) 

Xana is an Ethereum sidechain designed as a robust infrastructure tailored for the Metaverse. Its goal is to offer an optimized infrastructure for anyone to build on the Xana Metaverse, to develop DApps, assets, and NFTs that can easily integrate with this digital ecosystem. 

The Xana Network offers a smartphone-optimized metaverse app, a marketplace for trading and trading NFT tokens, and a platform that facilitates the building of avatars, virtual worlds, games, and more.  

XETA, native to Xana, is the main token of this blockchain ecosystem and is used to pay transaction fees within the network, staking, access liquidity incentives, among other things.   

Conflux (CFX)

Conflux Network is a decentralized, permissionless blockchain protocol that offers a high level of scalability and performance. The protocol uses a unique consensus algorithm called Tree-Graph, which allows for parallel processing of blocks and transactions to reduce confirmation times and increase the number of transactions per second (TPS) processed.

This blockchain was designed as a catalyst for new technologies to drive the construction of a borderless economy. Conflux Network also offers interoperability, connecting with other blockchain protocols through its ShuttleFlow cross-chain bridge to enable the transfer of assets between multiple chains. 

Conflux Network’s token economy is based on CFX, its native token. Through this digital asset, users can pay transaction fees, stake, rent storage, and participate in Conflux Network governance. The CFX token is also used to incentivize and reward network miners. 

Zebec Protocol (ZBC) 

Zebec is a decentralized protocol that was designed with the goal of redefining the 21st century payroll. This protocol seeks to transform the way money moves through the blockchain, allowing employees to receive instant payments while having the ability to access the crypto and DeFi ecosystem in a simple way. 

Zebec Protocol users can immediately access their earned income while also being able to schedule automatic crypto investments, for example if they want to allocate a percentage of their income to yield farming protocols, DeFi, and more. 

MXC (MXC) 

MXC is a protocol designed to build a free, decentralized, global, public LPWAN network to support the new Web3 economy. On MXC, miners connect with each other to build the world's largest low-power data network across the Metaverse.

The protocol is based on Proof of Stake (PoP) and its MXC token is the fuel of the protocol. MXC is designed on Ethereum’s ERC-20 standard and is used to facilitate M2M transactions within the globalized IoT and Web3 network.  

JOE (JOE)

JOE is the native token of the Trader Joe’s decentralized exchange, built on the Avalanche blockchain. It is a one-stop-shop DEX that seeks to simplify access to decentralized finance (DeFi). 

Trader Joe’s provides its users with a complete DeFi experience, through access to a broad decentralized ecosystem, including trading, liquidity pools, staking, farms, NFTs, lending, and more. So far, this DEX has facilitated trading for approximately 2 million users, processing over $88.000 billion in trading volume. 

Continue reading: Which cryptocurrencies do Spaniards invest in?