Bitlocus

Bitlocus

BTL
$0.002986046%6.85

Key Metrics

Price$0.002986046
Real Volume (24H)$62,133.81
Marketcap$1,428,636.24
Fully Diluted Valuation$287,631
ATH$0.354071
ATH Date12/3/2021, 4:09:15 PM
ATL$0.00052166
ATL Date12/21/2022, 10:23:45 PM
Circulating Supply239M
Total Supply500M
WebsiteN/A
WhitepaperN/A
Popularity Rank2153
Chart
What is Bitlocus?

Bitlocus (BTL) is a platform that aims to simplify the use of cryptocurrencies for fiat users. Founded in 2018 in the UK, Bitlocus Ltd and Bitlocus LT, UAB were established in Lithuania in 2019. The CEO and co-founder of Bitlocus is Andrius Normantas, a professional cryptocurrency trader with 15+ years of experience in the finance field.

Bitlocus offers a range of services, including a crypto exchange, DeFi staking, lending and farming platform, NFT minting self-service, and a crypto-as-a-service platform for business clients. One major advantage of Bitlocus is its user-friendly and no-hassle system that allows users to access selected DeFi protocols with either fiat or crypto. Even those unfamiliar with DeFi can benefit from the fast-growing ecosystem with ease.

BTL is the native utility token of Bitlocus, which empowers the overall ecosystem. BTL holders can earn up to 30% better interest rates, receive fee discounts, and gain exclusive access to additional features and services. The longer BTL is staked, the more BTL users can earn as interest.

The Bitlocus team is made up of experienced professionals in blockchain development, sales, product management, and development. Key team members include Tadas Varanauskas, the chief technology officer with 5+ years of experience in blockchain development, and Dennis Steenbergen, the head of sales, with 12+ years of experience in international sales and e-commerce.

Bitlocus has been considerate and careful about the risks associated with cryptocurrencies, and the company managed to keep its exposure to Terra crash limited. Even under unfavorable circumstances, the Bitlocus team continuously builds and improves the platform. The token supply, originally on Terra, was immediately bridged to BSC and Ethereum.

Overall, Bitlocus offers a simple and accessible way for users to participate in DeFi without the technical barriers that often come with it. Its user-friendly platform and experienced team make it a promising player in the crypto space.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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