How and Where to Buy Bean Cash [BITB]: Step by Step Guide

BITB’s mission is to be a long-lasting digital currency with high integrity that serves as a store of value and a medium of exchange for everyday transactions.

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About Bean Cash

"To be an enduring digital currency, with high integrity, a store of value, and a means of exchange for everyday transactions — that stands the test of time!" is Bean Cash's objective.

Bean Cash’s guiding philosophy is based on core bitcoin technology with Peercoin inputs for the proof-of-stake (PoS) feature's foundation.

The blockchain (then known as BitBean) was released on February 13, 2015, with no fund-raising or pre-mine. Bean Cash became a pure PoS currency after a SHA256 proof-of-work phase; the block reward is fixed at 1000 Beans plus any transaction fees associated with the transactions included. This was the first instance of this version of PoS, which the Bean Cash community calls "Proof of Bean" (PoB). Bean Cash' target block time is one minute, with a maximum block size of 20MB. It is projected to reach its maximum supply of 50 billion beans in 211

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What is Bean Cash [BITB]?

Bean Cash (previously Bitbean, Ticker BITB) is a scalable, fast, and lightning-fast digital currency (based on cryptographic proofs). It uses an innovative Proof of Bean (PoB: version 3.0 of the "Proof of Stake" algorithm) that is more similar to regular Proof of Work (PoW) cryptocurrencies. Bean Cash is the first cryptocurrency to use 20MB blocks, as proposed by Gavin Andersen to address Bitcoin's scalability issues.

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Who Are the Founders of Bean Cash [BITB]?

Volunteers from all across the world contribute their time and resources to the project. The Bean Cash community as a whole is made up of everyone who is interested in the technology. Bean Core is open to anyone who can verify they own 1% or more of the current outstanding Bean Cash and wants a say in how the currency develops. The Executive Board is made up of three Bean Core members who own at least 5% of the current Bean Cash. They govern through consensus. A vote that does not receive unanimous approval does not pass. The Board has the authority to overrule Bean Core's suggestions or to make its own. The Board can, likewise, be overruled by a 2/3 supermajority of Bean Core.

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What Makes Bean Cash Unique?

Bean Cash inherits BitBean's robust blockchain and reliable network, making it one of the most environmentally friendly digital currencies available today! Bean Cash (previously known as "BitBean the Cryptocurrency'') had no ICO (Initial Coin Offering), pre-mine, or swap, while other blockchains continue to hardfork, roll-back transactions, and update their protocol (BTC Bitcoin-Segwit). Bean Cash's blockchain integrity is one of its distinguishing characteristics.

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Where Can You Buy Bean Cash [BITB]?

If you're looking for a place to purchase Bean Cash, the best cryptocurrency exchanges to use right now are YoBit, and StakeCube. 

Frequently Asked Questions

Can I Buy Bean Cash [BITB] With Cash?

No. There is no direct method to purchase BITB using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.

Are there any quick ways to buy Bean Cash [BITB] in Europe?

Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.

On what factors does the price of the Bean Cash [BITB] Depend?

Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact ZI price and market cap.

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Bean Cash  Official website  –http://www.beancash.org/ 

Bean Cash Twitter –https://twitter.com/BeanCash_BEAN