Firstly, we’re pleased to announce that BiKi.com is the first Asia exchange to form a strategic partnership with Wrapped Bitcoin (WBTC token). In fact, the project strives to deliver the power of Bitcoin with the flexibility of an ERC20 token and is backed 1:1 with Bitcoin.
Furthermore, about WBTC
Firstly, WBTC is an ERC20 token backed 1:1 with bitcoin in BitGo’s custody. Besides, designated entities called ‘merchants’ can mint this token by depositing bitcoin in BitGo. Therefore, Wrapped Bitcoin allows for price exposure to bitcoin within Ethereum applications. For example, taking a BTC backed loan on Compound or MakerDAO would not be possible without tokens like Wrapped Bitcoin that abide by the ERC20 standard.
Further, learn more about the project at https://wbtc.network
Also, follow us on:
English Telegram: https://t.me/BiKiEnglish
Vietnam Telegram: https://t.me/BiKiVietnam
Chinese Telegram: https://t.me/BiKicoin
Russia Telegram: https://t.me/BiKiRussia
Philippines Telegram: https://t.me/BiKiPhilippines
Nigeria Telegram: https://t.me/BiKiNigeria
Iran Telegram: https://t.me/BiKiIran
Indonesia Telegram: https://t.me/BiKiIndonesia
Bangladesh Telegram: https://t.me/BiKiBangladesh
India Telegram: https://t.me/BiKiIndia
Korean Community: https://open.kakao.com/o/gYmlp4Yb
Finally, Youtube: https://www.youtube.com/c/BiKiExchange
In conclusion, BiKi Exchange takes pride of itself in partnering with a popular company in Europe- Simplex. Therefore, this step will ensure BiKi and Simplex to together bring about benefits and attractive offers to users from all over the world towards faster and more convenient bitcoin/stablecoin/dogecoin trading and tractionsion by credit/deposit card payment.