How Does BITRUST Work?
If you want to keep your investments safe, then you will need some way to stop yourself from being burned by the market, and this is true no matter what you are trading. When it comes to cryptocurrency, the volatility of the markets themselves is the most significant danger you will face.
What if there was a way to protect your investments? That is the dream behind BITRUST, and ICO that hopes to create the first insurance service for crypto investors. The goal of BITRUST is to be both affordable and decentralized, both of which will help make it much more friendly to the user.
What Problem Does it Solve?
There are a few problems that BITRUST has been created to help with:
- The Risk of Starting off in Crypto: Anyone can get started trading cryptocurrency, but fewer of them can thrive doing so. Many people lose a sum of money near the beginning of their trading career, and then they end up giving up. Affordable investment insurance can grow the market as a whole.
- There Are No Similar Services: You may be surprised to find that no one has considered creating a service like this until BITRUST came around. This ICO was the first to come up with this idea, and it makes sense that their take on the model should be the most refined out of the competition.
- Website: Here
- White Paper: Read
- Funding Goal: Soft Cap: 6000 ETH Hard Cap: 12 000 ETH
- Accepted Token: ETH
Bountyhive username: thetechinsider
Disclaimer: The information on this post was made for educational purposes only. If you do plan on investing in ICOs, then do so at your own risk.
- The First Insurance Service for Crypto: If you have spent some time investing in cryptocurrencies, then it is likely that you have come across a situation in which insurance would have been helpful. BITRUST is hoping to make that a reality for beginners and advanced investors alike.
- Security: When it comes to something like insuring your investments, you will want to be sure that all of your info will be safe, and you won’t have to worry with BITRUST. Using top-notch security, your data will be as secure as ever, should you choose to utilize their services.
- Made with User-Friendliness in Mind: This entire platform is dedicated to being easily accessible to the end user, which makes it one of the more optimized solutions when it comes to crypto insurance. The sleek and intuitive UI helps make BITRUST straightforward and even pleasant to use.
- Mainly Focused on Beginner Investors: The focus that BITRUST places on those just getting started is a little disappointing for more advanced crypto users. In the end, however, this focus doesn’t make much of a difference, as BITRUST has a business model that scales easily with the application.