B21, the platform that aims to build a complete ecosystem around crypto investing announced some major updates today. According to the official tweet, the team conducted a successful trial run of the industry’s first crypto-linked credit cards in Japan. The team is super excited as the trial run was a huge success and the orders have been pouring in. The best part is that the B21 cards are offered at no cost to the VIP members on the B21 app. Once these Visa cards are rolled out, they will be widely accepted and made available for users across over 84 countries. This will include geographies like Asia, South America, and European Union.
In addition to the card trials, the team has started revamping the B21 token. After this revamp, the token that was initially minted as an ERC20 token will receive multi-chain support. With that happening, the token will also become available on blockchains like Binance Smart Chain, Polkadot, Solana, and more.
As a result of this revamp, the B21 token holders will be able to trade it across major decentralized exchanges. Effectively, the users will get an opportunity to provide liquidity across DEXs and earn exclusive rewards.
B21 coming to PancakeSwap
According to the official blog, the first integration of the B21 token will happen with Binance Smart Chain. Moreover, on 15 March 2021, the new token $BB21 will be listed on PancakeSwap. Using the B21 token bridge, the current token holders can then swap their tokens 1:1 with the $BB21 token on PancakeSwap. This will give the current holders the first opportunity to be the LPs (Liquidity Providers) and earn mining rewards.
This is expected to strengthen B21’s position as a leader in the space. B21 Invest is already witnessing phenomenal growth. In the first two months of 2021, the app saw over 20,000 new users and its social media handle engagement has grown 200%.
Coming back to the cards
Just by staking some B21 tokens, a platform user can get different levels of free crypto-linked credit cards. The VIP users can get the card for zero cost and free shipping. Here is a video showing how easy it is to use the cards.
👉 We did a trial run of B21 credit cards in Japan and received an overwhelming response. Check out the short video to show how you can use your B21 card “ANYWHERE”.#B21Cards #B21MajorAnnouncement https://t.co/jIY89ryyr8
— B21 Crypto : Invest | Earn | Spend (@B21Official) March 12, 2021
While speaking with Altcoin Buzz, Nitin Agarwal, Founder of B21 shared, “Our mission is to bring the benefits of Crypto, DeFi and NFT to everyone. We have diligently built our platform for the last 2 years. Many times, working deep into the night. As a direct result, we’re seeing immense growth this year. We’re talking about 20,000 new users onboarded on the B21 app in just 60 days. And we’re just getting started!”
The token has really been rallying ahead. In the last 7 days, it has exhibited a 621% price jump and the time of press is trading close to $0.358. In fact, it just touched its all-time high of $0.537 a couple of hours back.