Bibo Exchange 3.0
We are thrilled to announce the next major development step in the history of Bibo Exchange, our exchange version 3.0! Years of research and meticulous work have brought us here, following the latest trends in the cryptocurrency industry and getting ready for the next major wave of adoption by both retail investors as well as institutions. Bibo 3.0, the future is here!
Swaps
We are especially proud of our greatly simplified, next-generation, user-friendly interface. Instead of navigating orderbooks and market vs. limit orders, Bibo implements a easy-to-use swap interface to enable users to directly exchange coins between each other. Moreover, users will be enabled to contribute liquidity to certain swap pairs and constantly earn passive income from it! Engineering at its finest.
CeDeFi
Another important function that will be added is access to DeFi services via a centralized aggregator, Bibo Exchange. This creates an entirely new concept, CeDeFi, allowing the access of decentralized financial services via a user-friendly centralized gateway. Our users will get the best of both worlds: the freedom to experiment with new tools and services as well as the convenience of using a traditional platform with low fees, fast speeds, great UI/UX and excellent customer service.
Filecoin
Filecoin mining has become an important pillar of the Bibo ecosystem and we are happy to announce that direct access to important Filecoin mining data will be provided to those users who receive their mining income on Bibo exchange. More Filecoin-related tools and services will be integrated by our engineers step by step.
CoinBank
We are also happy to bring back our CoinBank, allowing our users to deposit certain selected coins and earn passive income from them. Eventually CoinBank will become an extensive financial application ecosystem which can bring a variety of benefits to all users holding their funds on Bibo. As we have always viewed our relationship with our users being based on win-win, it is only natural to distribute some of the benefits back to our users. A big thank you to our community!
KUSD / KU
KTC-based KUSD will also be part of the new Bibo version as a withdrawal option for USDT to the Jubilee Wallet, thus finally bringing a stablecoin to the KTC chain! KUSD is a USDT backed stablecoin, fixed at 1:1 exchange rate. KUSD will benefit from the cheap transaction costs on the KTC chain, making it convenient for decentralized trading and creating the basis for a possible future DeFi application ecosystem on KTC.
Referral system
The new improved Bibo 3.0 will also feature an innovative state-of-the-art referral system, allowing our most committed and outstanding community members to earn extra by recommending new users. Those who work harder will earn more, at the same time new members will find a lot of incentives to start trading on our exchange, win-win!
Fiat gateway
Last but not least, Bibo Exchange is planning to make full use of its license and enable Euro payments directly via the exchange, joining the ranks of those selected exchanges who are able to offer a fiat gateway. This will make our exchange much more attractive for European users and at the same time makes Bibo a prime target for institutional investments. More to come!
OTC
For those who do not have a European bank account, Bibo will continue to offer OTC services for most major currencies. Moreover, the OTC will now feature a chat window for direct communication between buyer and seller, making the exchange much more convenient and preventing misunderstandings. Additionally, dispute settlement will also be live instead of sending in complaints via the exchange to be answered later.
We want to sincerely thank our community and at the same time welcome those who are going to join us in the future. 2021 will be an important year for us and our community. Riding the wave of increasing adoption, we are ready to charge full-speed ahead. Bibo 3.0, the future is here!
