Around a year ago, we have introduced Banker (BNK) token trading on the first external cryptocurrency exchange – HitBTC. Since then, we have received multiple requests from our contributors to expand the variety of BNK trading alternatives even further. Today, we are happy to announce that Bankera has successfully reached an agreement with a promising South Korea based exchange – Hanbitco, where BNK tokens will be available for trading starting Wednesday, 20th of March near 7 AM (UTC).
We have some amazing news for Bankera’s community – now, BNK tokens are available on the second cryptocurrency exchange – SpectroCoin. SpectroCoin is the first to offer a wider range of pairs, as SpectroCoin users will have the possibility to get BNKs with BTC, ETH, XEM and Dash.
We have come a long journey in order to ensure the maximum security and stability for our users and now it is time for the next step. As you know, it has been more than a month since BNK tokens withdrawals and deposits were enabled at SpectroCoin and BNK token was listed at HitBTC exchange. Now, we are ready to enable BNK purchases at SpectroCoin, digital currency exchange, blockchain wallet and merchant solutions provider, which has been highly requested by our supporters.
Since the beginning of Bankera’s project, security has been our main concern. This was reflected in our choice to use the ERC223 standard for the Banker (BNK) token source code, which was then fully developed by our team. Other companies could have opted for a quicker route and used other token codes to develop their own, but we knew this could result in potential security gaps, such as the ‘batch overflow’ bug recently discovered in several ERC20 smart contracts. Moreover, we are not creating a simple token, but a smart contract that distributes a net transactional revenue share weekly to BNK token holders, which has never been done by others. Thus, in addition to creating a unique source code for our BNK token, we have also submitted it for private and public audits to ensure its safety.
As a team, we always choose security and quality results over rushed decisions. Supporting BNKs as ERC20 tokens has always been our goal, however, we decided to dedicate more time to it and release a more advanced version of the Ethereum based smart contract. This more advanced and secure version was required because of one of our token special features: its holders receive a weekly net transactional revenue share. Hence, the smart contract source code includes the function of storing weekly commission. However, that is just one of the several reasons why BNK tokens are special among others in the market. So let’s take a closer look at BNK tokens and what makes them unique.