🔸 It’s no secret that cryptocurrencies have become the tool to drastically simplify international wire transfers. However, the associated commission fees and low transfer speed are a hurdle to mass adoption of cryptocurrencies.

🔸 For example, Bitcoin can sustainably handle 3-7 transactions per second (TPS), and to confirm these transactions, the Bitcoin network takes about an hour. Besides, Bitcoin holders can increase confirmation speed by paying a premium fee that stimulate miners to prioritize these transactions above all others.

🔸 In contrast, Bankcoin Reserve relies on a combination of patented technologies and the Proof-of-Stake consensus algorithm to solve this issue and become a viable and effective alternative to cryptocurrencies.

🔸 For instance, for transferring 100,000 BCR worth 155.5 million US dollars, the network fee will be just 4,976 US dollars, and the transaction will be confirmed in mere seconds.

📍 Important note: network fees are calculated based on the network conditions at the time of transaction.

🔺 To learn more visit https://bankcoinreserve.io



______________________________________________________________________________

Our API algorithm will reset the price at the start of the next month.