July 2020 Update (12)

What is the B21 token?

B21 token is an Ethereum based ERC20 token that forms the base of all transactions, fees, and rewards on the B21 mobile app. You will be able to buy B21 tokens directly on your mobile app and hold it to enjoy exclusive benefits.

What utility does it serve?

  • Different utility tokens have different functionality based on the nature of the project and the B21 token also serves a purpose by forming the base of all transactions, fees, and rewards on the B21 mobile app.
  • B21 token gives exclusive rewards to users –
  1. Stake and earn B21 tokens — B21 token offers you a source of passive income on the B21 app. You can buy and hold a minimum of 500 B21 tokens and earn a 5% dividend p.a. in B21 tokens. The interest is paid out monthly
  2. VIP Account — You can become a VIP member by holding 300 B21 tokens in your wallet. By becoming a VIP member, you can enjoy low fees while buying and selling crypto coins on the B21 app.

How to buy B21 tokens?

  • At present, you can buy B21 tokens on the B21 app using your credit card/debit card, bank transfer, and other local payment methods based on your location.
  • You can also earn B21 tokens as a reward on the B21 app –
  1. Sign Up Reward — Complete your profile and you will earn a $2 signup reward.
  2. Welcome Bonus — Earn B21 tokens worth $5 as a welcome bonus on your first investment of $50. Also, on every next investment of $100, earn a $5 reward.
  3. Refer and earn — Refer your friends to try out the B21 app and both you and your friend will earn $2 on successful registration.

What’s more with B21 token in future?

  • Listing B21 token on Exchange — We are talking to some of the top tier exchanges and will soon announce on this
  • B21 Card — Very soon, you will be able to use the B21 International Card to spend your cryptos anywhere

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B21 Invest August Update 2020

B21 Invest — Monthly Update August 2020

The current crypto market is bringing new opportunities with the rise of DeFi projects. According to a very popular website defipulse.com, there is $8.24 Billion total value locked in the current DeFi landscape. We covered the basics of DeFi in our latest AMA.

What have we been busy with?

We have integrated a very exciting feature on the B21 Mobile app — Crypto Deposits!

Now you will be able to bring your crypto purchased from any other platform/exchange to your B21 account.

This will give the users two benefits –

  1. These already purchased assets will be included in your B21 portfolio in a single place and you can keep a track of how your portfolio is performing directly on your B21 dashboard
  2. Crypto to Fiat conversions directly to your bank account

The video at the bottom will explain to you the steps on how to deposit your cryptos in your B21 app. We have also added a feature by which you can add the price of the deposited asset along with the date of purchase.

Marketing

With a mission to expand the B21 family even further and answer all the queries the new crypto investors have, the B21 team has decided to conduct continuous Webinars and Live sessions. We conducted two such sessions in the month of August and the response was overwhelming!

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You can find a quick recap of our AMA in this medium article — B21 AMA Recap

What’s next?

We are working on to further improve the user experience of the B21 app. Some of the features we are working on –

  • Stake and earn interest for other coins — Currently, you can stake 500 or more B21 coins to earn 5% interest p.a. on them. Soon, you will be able to stake all other coins in your portfolio and earn interest.
  • Further revamping the signup and KYC process — We received a lot of feedback from the B21 users and we are redesigning the signup and KYC process completely to make it further accessible.
  • Country ambassadors — We are appointing B21 ambassadors in different parts of the world to help us promote and expand the B21 family even further. With this, we will integrate more local payment methods for these countries.
  • UPI withdrawals for Indian users
  • Partnerships with more wealth management firms and family offices

As always, your valuable suggestions are always welcome. Do not forget to follow our social media handles for regular updates!

Demo of the Week – Crypto Deposit using B21 App

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