BitSilver
Digital token, backed by physical silver
Key Advantages of BitSilver Tokens
Smart Contracts
Each transaction in BTS is assigned a unique identification code so you can own it securely and transparently.
Micro-Investment Opportunities
BTS is pegged to 1 gram of silver, making it easy for anyone to invest in small amounts and pay with ease.
Low Transaction Costs
BTS utilizes MBC blockchain technology to dramatically reduce transaction costs (1/10 compared to the Ethereum network).
Independent Asset Protection
The silver linked to BTS is managed separately from the token maker's assets.
Decentralised System
BTS is freely traded globally without government or corporate control.
Easy Exchange
BTS can be easily exchanged for fiat or other digital assets on cryptocurrency exchanges.
Key Advantages of BitSilver
Smart Contracts
Each transaction in BTS is assigned a unique identification code so you can own it securely and transparently.
Micro-Investment Opportunities
BTS is pegged to 1 gram of silver, making it easy for anyone to invest in small amounts and pay with ease.
Low Transaction Costs
BTS utilizes MBC blockchain technology to dramatically reduce transaction costs (1/10 compared to the Ethereum network).
Independent Asset Protection
The silver linked to BTS is managed separately from the token maker's assets.
Decentralised System
BTS is freely traded globally without government or corporate control.
Easy Exchange
BTS can be easily exchanged for fiat or other digital assets on cryptocurrency exchanges.
Together with BitSilver
Let’s go to a Progressive Currency to benefit world communities
Gift certificates
BitSilver is a good partner for precious metals production and custody services that will create new opportunities through the digitization of physical silver.
Stablecoins
Take advantage of the world’s oldest currency, silver, as a backing currency. When you need a stabler stablecoin, BitSilver is the best alternative. Wait for exchanges to join us.
Investments
Traditional financial instruments and cryptocurrencies like Bitcoin are volatile, while silver maintains a stable value. Investing with BitSilver is easy.
Together with BitSilver
Let’s go to a Progressive Currency to benefit world communities
Gift certificates
BitSilver is a good partner for precious metals production and custody services that will create new opportunities through the digitization of physical silver.
Stablecoins
Take advantage of the world’s oldest currency, silver, as a backing currency. When you need a stabler stablecoin, BitSilver is the best alternative. Wait for exchanges to join us.
Investments
Traditional financial instruments and cryptocurrencies like Bitcoin are volatile, while silver maintains a stable value. Investing with BitSilver is easy.
Frequently Asked Questions
BitSilver token (BTS) is an asset-backed token where one token represents one gram of silver, which is stored in specialized vault facilities. Anyone who owns BTS has ownership rights to the silver in storage. Because BTS represents physical silver, its value is directly tied to the real-time market value of physical silver. BTS gives customers the benefits of actual physical ownership of a specific piece of silver with the speed and mobility of a digital asset. BTS can also be traded. BTS can also be used on other crypto asset exchanges, wallets, lending platforms, and elsewhere in the crypto ecosystem. BTS holders can look up the serial number of their stored silver at any time by simply entering their WONPAY wallet address in the BTS lookup tool.
There are no custody fees on BitSilver token, which is one of the product’s benefits.
On-chain transaction fees: Because BitSilver tokens use the MicroBitcoin network, we do not deduct BTS for fees, and a small network usage fee is covered by MBC coins.
Physical silver on the blockchain has the advantage of representing legal ownership of the actual allocated silver, but it has the disadvantage of being limited in transportation or costly to store. Instead, it has the divisibility, fungibility, and tradability of digital assets like Bitcoin – in other words, it has the best of both worlds.
If a BTS holder possesses tokens equivalent to 15 kg of silver or more, they can convert these tokens into physical silver at any time. This process is facilitated by reputable custodial institutions in various countries, allowing customers to receive their silver either by visiting in person or via postal delivery.