Online Registration on Bitbns is absolutely free. So investors need to Sign Up using email id and by entering personal information.
Then, confirm by clicking on a link received on the email address indicated. Next, submit PAN card, bank account details and Aadhaar card photocopies. This process enables Bitbns in adhering to KYC guidelines.
After KYC documents validation (which will take 30 minutes only), investors will be notified via email about account activation.
Using NEFT/RTGS/IMPS, investors can transfer funds to their Bitbns account and begin purchasing SIBCoin (SIB).
Transfer of SIBCoin (SIB) between other wallets from/into Bitbns account is also possible, which is just a 10-minute process.
Sibcoin was initiated in 2015 with the need to send remittances between the inhabitants of Russia and Ukraine. The cryptocurrency uses the source code of Dash, incorporating a series of additional algorithms with encryption technology specially designed by Russian cryptographers.
SIBB coin is completely private and decentralized, allowing international transfers in real time at low cost, guaranteeing the security and integrity of the operations loaded on the SibCoin blockchain.
The digital currency already has programs and applications designed for the storage of assets, most notably the purse called ‘Siberian Chervonets’.
One way to obtain Sibcoin is through mining, which can be done with a desktop computer through specialized software of the company. Through this method, the miners put processing power for transactions (HASH) at the disposal of the network, while generating new Sibcoin units.
Sibcoin has a market capitalization of just over ₹2,363,853,691.21 in India.
Bitbns is an exchange and a web wallet that you can access from your browser or downloading the app to your mobile. In this exchange platform you can buy or sell digital currencies instantly (Bitcoin, Ether or Ripple and many more), using payment methods such as net banking in INR.
Security measures
The security measures are high and at the beginning you will receive more than one notice to authorize your computer and give you permission to access the Coinbase page.
The account is linked to your mobile phone and email You can set up 2-factor authentication (2FA) to enter your account or make transfers The sessions are saved in a record, so you can see if someone has connected to your account You can configure your account to receive an email before any movement
The prices fluctuate based on local demand and supply.