Token holders can transact all cryptocurrencies on single exchange and reap passive income benefits from staking

London, UK, 10/17/2018 With its launch on November 30, BITTO [https://www.bitto.tech/] will be the first public cryptocurrency exchange to validate crypto transactions using the Proof of Stake protocol to offer its customers passive income from staking.

The current means of validating most cryptocurrency transactions is through mining, or Proof of Work. “Industry dialogue on Proof of Stake (POS) vs. Proof of Work is clear on the advantages of POS,” says Nic Chin, Co-Founder & CEO of BITTO Exchange. “POS is a far more sustainable and cost-efficient approach compared to the computationally-intense Proof of Work that requires enormous electric power and specialist processing.”

BITTO is designed to provide customers a secure system for all their cryptocurrency transactions, along with a unique opportunity to acquire a share in the vital infrastructure which underpins the emergent cryptocurrency industry.

In less than five years, the variety of cryptocurrencies offered to investors increased from 40 to 1,2732 – a 3,083 per cent increase. “Owning a part of the exchange infrastructure will enable our customers to benefit from this growth without assuming risks of any individual coin,” states Chin. “BITTO customers can earn passive income from staking with only a computer and a Ethereum based cryptocurrency wallet.”

The BITTO token is the primary value transfer medium for users in the BITTO community. Tokens can be purchased now at http://www.bittoexchange.com/   to receive pre-launch benefits. Token holders can start to receive passive income from staking as of the September 18th 2018.

About BITTO: On the BITTO exchange users can buy, sell or trade any cryptocurrency through a single point of access. The exchange offers a convenient user-centric platform that includes staking, signal trading, a referral program, smart trading, ICO discounted rates, safe security for trading and deposits in local currencies.

###

CONTACT: Katrina Naves – [email protected]

TheBitcoinNews.com – leading Bitcoin News source since 2012

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. The information does not constitute investment advice or an offer to invest.

TheBitcoinNews.com is is not responsible for the content of external sites and feeds. Guest posts, articles or PRs are not always flagged as this!