Immense Growth expected as B21 Enters DeFi

B21 Invest, the simplified crypto portfolio app that aims to bring crypto and DeFi to the mainstream achieved a significant milestone recently. According to the official blog, the ERC-20 B21 token has been revamped as a BEP-20 BB21 token. This has enabled its listing on Pancakeswap, one of the leading decentralized exchanges (DEX). As a result of the revamp, the token has added support for Binance Smart Chain. This marks the first step towards multi-chain integration of native token which will soon add support for Polkadot, Solana, and more blockchains.

It is a major leap towards the project’s vision of enabling “Spend any crypto using card”. That’s because the Pancakeswap listing will expose the token to a large pool of Pancakeswap and Binance Smart Chain ecosystem users. Effectively, this enables B21 token holders to become liquidity providers (LPs) across major DEXs and earn exclusive rewards. Currently, the BB21-BUSD pair is available for trade on Pancakeswap.

Just a week back Magnus group invested in the platform and also came onboard as advisors.

Quick and Easy 1:1 Swap

Prior to the Pancakeswap listing, the B21 team developed bridge.b21.io to enable 1:1 B21 to BB21 swap. This bridge enables a seamless swap between the ERC-20 and BEP-20 versions of the token.

Exciting product updates – NFTs or DeFi

A couple of hours back project’s official Twitter handle announced that something new is coming to the app. Someone who makes a right guess stands a chance to win $50.

According to most of the followers, it seems the platform might be rolling out a DeFi or NFT product. We will keep you posted.

B21 Price

In the last 30 days, B21 token price has surged over 541%. At the time of press, the token is trading close to $0.29.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by B21. Copyright Altcoin Buzz Pte Ltd.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.