What is Bitlocus (BTL)?

Operating since 2018, Bitlocus has been committed to easing the use of cryptocurrencies for those ordinary consumers who predominantly deal in traditional money. In such a manner, the company introduces innovative solutions to the needs of its individual and corporate clients regarding seam free switching from traditional into digital currency and gives them all the advantages of DeFi exposure without the need for a digital wallet or technical complexities that might relate to it.

This will make it easy for users on the platform to access the DeFi ecosystem by selecting either their preferred traditional or digital currency payment method. Ease of use and simplicity are some of the important features that allow beginners to enter the DeFi ecosystem with ease. BTL offers a number of innovative services that include:

-Swap of cryptocurrency: It is about the quick and efficient exchange of different kinds of digital assets.
- DeFi staking and lending hub: Smooth, direct access to top and exclusive DeFi deals.
- Autonomous creation of NFTs: To create, personalize, and release your NFT with ease.
- Cryptocurrency-as-a-Service hub: Top crypto solutions tailored to suit the corporate clientele in pursuit of seamless integration.
Currently, there are 24 publicly traded companies that collectively hold approximately 1% of the total BTC supply, which is valued at over $6 billion. Additionally, numerous institutional investors have begun incorporating cryptocurrency into their portfolios.

Bitlocus recognizes a significant opportunity in the deposit market, which is estimated to be around $17 trillion in the European Union and about $15.5 trillion in the United States.

The Fiat-Defi Management Platform (FDMP) aims to attract traditional deposit investors to the DeFi space by offering better yields and a user-friendly interface. Essentially, no prior knowledge of cryptocurrency or DeFi is needed, as end-users will only transact in fiat assets, while all DeFi transactions will be automatically handled by the Bitlocus platform.

BTL Token

BTL is a utility token pivotal in the operation of activities within the Bitlocus ecosystem and extending the following benefits to the users:
- Increased DeFi Interest Yield: Users holding BTL are assured of interest yields increased by 30% or more.
- Improved BTL Staking Rewards: The more time you stake, the better your BTL interest accrual.
- Reduced Fees: In addition to already reduced fees, corporate clients enjoy further discounts by settling their fees in BTL.
- Vikalpa Privileges: A set of exclusive opportunities and benefits.

Indeed, it assumed a very cautious and risk-averse position whereby the company virtually shielded itself against the possible crash in Terra, suffering only very negligible losses associated with its liquidity involvement with the Terra blockchain BTL/UST.

This has indeed been a really trying period, but the fact is that the Bitlocus group has pressed the pedal to the floor to make things smooth and add new facilities to enhance their services for the corporate customer. They have shifted the token supply seamlessly from Terra to both BSC and Ethereum with resilience and adaptability in front of the challenges.

Buying BTL from Centralized Exchange

1. Go to a CEX: Find a good cryptocurrency exchange. When trying to choose an ATM provider, for example, ensure to consider user experience, fee arrangements, and available payment forms.
2. New Account: Enter the information on your account and establish a strong password.
3. Verification: Experienced exchanges will ask you for KYC (Know Your Customer)
4. Link Credit/Debit Card/Bank Account: Follow guideline how to link your credit/debit card/bank account or another accepted by the platform. Different banks have different requirements in the specifics you must give.
5. Buy BTL: Buying on an exchange is simple as long it allows you to trade with fiat currency. It's also a step away, by trading from one crypto to another at-market value buying any popular crypto like USDT and hence swapping it for BTL.

How To Buy BTL From A Decentralized Exchange

1. Select a DEX — Choose any decentralized exchange supporting BTL and connect a supported wallet.
2. Acquire the base currency: You must acquire the base currency since DEXs facilitate only crypto-to-crypto transactions.
3. Withdraw: Once you have purchased the base currency, transfer it to your Web3 Wallet.
4. Exchange: Congratulations! You are now prepared to swap your base currency for Bitlocus.

Through a Crypto Wallet

1. Choose Your Wallet: Select a reliable one that contains BTL.
2. Download the App: Get the wallet app for your device.
3. New Wallet or Import: Set up a new wallet address or import one if you own it. Just note down the seed phrase and keep it safe because otherwise you can never ever gain access to the wallet.
4. Buy Crypto: Utilize a supported payment method to purchase cryptocurrency. Keep in mind that the fees might be higher compared to those on exchanges.
5. Exchange for BTL: If your wallet does not allow direct fiat purchases BTL, you may first buy some more common currency like USDT then exchange it for BTL.

Conclusion

Bitlocus represents an innovative platform-acting like a bridge between traditional finance and the DeFi realm. It offers an intuitively friendly interface, coupled with its elaborate services suite, to individual customers and corporate alike, ensuring smooth facilitation with all the problems faced while dealing with cryptos. From swapping crypto to staking through DeFi and NFT creation to tailored business solutions, Bitlocus covers the complete range of presently required functions, developing unique opportunities that arise within the deposit segment.

Utility Token BTL means productive participation and investment in an ecosystem with attractive benefits. It has been hard due to market instability, yet Bitlocus demonstrated strength and flexibility that are necessary for the company to continue its growth  in this fast-moving environment of cryptos.