Bata (BTA) is a currency that has been industrialized to substitute trade dollars in traditional Barter Systems. As the “Sharing Economy” cultivates, so does the decentralized market. Bata goals to change the way we trade, by familiarizing Barter on the Blockchain.
A Barter Frequency has been re-invented on a blockchain, decentralized, fastened and widely available in the form of BTA, replacing a Trade Dollar. Trade Dollars are just like cash and for that stock are based on regular currency, but in current Barter Systems they are well-ordered and issued by a central party. BTA is traded on manifold cryptocurrency exchanges throughout the world.
Barter tokens will be internally exchanged on the BarterChain with an Exchange module that could range support for more currencies other than BTA in the future. Evading direct exchange from cryptocurrencies other than BTA into the Barter tokens would be in BTA’s best concentration, so Barter Tokens will be used within, and BTA outwardly on other exchanges, such that BTA holders and miners/stakers/master nodes will advantage.
BarterChain is envisioned to make buying and selling, and bartering an agreeable practice, and take the pain of trading with issues such as closing shackled deals, and shipping goods, away from the inexperienced trader – the average user, and move the burden to experienced and savvy traders, with incentives for both.
What is Bata [BTA]?
Part of the reason to have BTA and Barter tokens is the idea that people will be less likely to trade tokens on the open market and will use an internal exchange instead, and buy and sell those for BTA in the internal exchange. Barter tokens are meant to be used, we don’t want to and it doesn’t make a lot of sense to hold a Barter token for example, for a service that offers a discount, when that discount may expire. With a Barter token you can program a token to expire someday and return to sender if unused. That’s just one scenario. With BTA people will speculate and hold/trade on the open market across exchanges.
Indisputably, the key here is to make the start with crypto as easy as possible, and use an entertaining approach to get new users started without all the usual hassle, and then instruct them to handle cryptocurrencies responsibly.
Who Is The Founder of Bata [BTA]?
BATA is an open-source peer-to-peer cryptocurrency network. it has been automated on the barter chain system to make the trades useful for the crypto stockholders. The team at Bata is to create a new system of commerce that will generate new jobs for an information-based frugality and to help break away from the current system of debt-based money.
What Makes Bata Unique?
A user’s Bata tokens are also the keys to the Bata Vault or the dividend contract. Simply put, when receiving a transfer of Bata tokens from another holder, one will also mechanically obtain an identical number of Bata Dividend Tracker Tokens
As a score, the Bata protocol runs on low power hardware, enabling it to be a lightweight, practical and decentralized cryptocurrency for daily use.
Additionally, Bata provides development assistance for the imminent stockholders to encourage their stage and benefit through Bata coins.
Where Can You Buy Bata [BTA]?
Visit the official website of BATA where you will find the exchange panel on top, BATA is available on both SouthExchange and YoiBit. It has the fastest rate of transactions recorded per second where undisputed servers are responsible for your effective trades.
Frequently Asked Questions
What happens if I sell my Bata before claiming my return?
If a holder decides to sell all of their Bata tokens and they do so without claiming their ETH reflections – the BTA will remain available to them to access via their wallet for 3 months starting from the exact minute of disposal.
Bata Official website – https://bata.io/
Bata Twitter – https://twitter.com/BataDigital
Bata Reddit – https://www.reddit.com/r/batamoney/