As The Association of SouthEast Asian Nations (ASEAN) gains more political clout internationally, the BitAsean is expected to make online transactions easier within the region. The BitAsean is a digital currency aimed at people within the BitAsean region in particular, but it can be used by people living anywhere. The currency is based on the ethereum blockchain. This makes the BitAsean not only reliable but also versatile in that it can offer many features.
The BitAsean is offered through BAS tokens. There are 30 million tokens in total. One of the unique features of the BitAsean is that it does not offer mining. However, for those who exchange other currencies for BitAsean, there are plenty of opportunities to generate good returns on their investment. The promoters aim to help widen the scope of the currency. They will enable users to locate stores, online or real world, which accept the BitAsean as payment.
The BitAsean can be bought through HitBtC and other exchanges. You can use a browser wallet to store the currency. Since the currency was launched in mid 2017, the wallet and other features are under development. It is interesting to note that the BitAsean older version has been retired and the old tokens can be swapped for new BAS tokens. Also, the BitAsean can be used for carrying out online transactions, such as purchasing products from online retailers. One of the other features is the use of the BitAsean in real-world stores. The BitAsean features a map that lets users know where stores that accept the currency are located. This makes it easier for users to find the stores that offer the benefits of blockchain based transactions. Retail stores also benefit from lower transaction costs and faster transactions.
The BitAsean is a currency that facilitates easy online transactions. This currency supports transactions within the ASEAN region. The goal is to help people here use the blockchain based currency for faster and cheaper transfers. The BitAsean is also known for its ease of use in offline retail stores. It directs users to the right stores so that they can pay for purchases in BitAsean tokens. The BitAsean promoters are looking at other innovative ways to make the BitAsean more widely used. This includes posters that will alert customers to stores that use the BitAsean. The currency cannot be mined, and this points to the promoters’ focus on transactions, rather than mining rewards.
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