[Why this?]

BitStake is a bitcoin platform created for the unbanked in Nigeria/Africa.

We have a multi-stake system which is an online staking for POS coins. Users earn interests on their deposit which is paid to their accounts.

Why this?
Africans don't have the resources (constant internet & power) to run a wallet qt for staking therefore missing out on the stakes coins.

Benefits to coin community

Increased awareness to your coins to millions of unbanked.
Increased POS network security. Most POS network have less than 20% staking wallets which makes them vulnerable to 51% attacks.

Listing

We are currently have blackcoin added to this platform and we are looking to add 1 - 2 more POS coins.

Now till Monday, suggest POS coins and it will be added to the poll for voting.

Coins with most votes will be added to BitStake platform.

SIGNUP FOR BITSTAKE WALLET HERE: https://bitstake.co/signup


BitStake in the News:
http://www.vanguardngr.com/2015/06/bitstake-new-dawn-of-digital-finance-in-nigeria/
http://disrupt-africa.com/2015/05/5-african-bitcoin-startups-to-watch/

Hi:
We just make it easier for Nigerians/Africans to get digital currency. We created a prepaid cards with preloaded digital currency which can be redeemed on our website https://bitstake.co/

We are pushing the mass adoption of Bitcoin in Nigeria.

Benefits:
Physical purchase in retail stores, on the streets. No need for prepaid visa card
Employment and income opportunities for resellers.
It can be easily redeemed online, we will integrate in on our sms wallet in near future so that it can be redeemed without using internet.

Read more: http://blog.bitstake.co/bitstake-prepaid/

Tutorial - How to Redeem BitStake Prepaid Card
http://blog.bitstake.co/tutorial-how-to-redeem-bitstake-prepaid-card/

[Nigeria’s Bitstake builds on bitcoin remittance services]

http://disrupt-africa.com/2015/05/nigerias-bitstake-builds-on-bitcoin-remittance-services/

   
Nigeria’s Bitstake builds on bitcoin remittance services

Nigerian startup Bitstake, which offers remittances through bitcoin at a flat rate of one per cent, is hoping its additional value added services will help it stand out in what is becoming an increasingly busy field in Africa.

Bitstake, in allowing users to remit money using bitcoin which is then converted into Nigerian naira at a cost lower than money sending firms such as MoneyGram and Western Union, is ostensibly similar to Ghana’s Beam and Kenya’s BitPesa.

Digital currency offers a more affordable way to transfer money across borders and in less time. PAUL OMOROGBE engaged Ray Carlo, Senior Project Manager of Bitstake, a Bitcoin exchange, on how this new solution works and its attendant benefits.

http://tribune.com.ng/digital-savvy/item/33727-how-to-pay-less-for-international-money-transfer-roy-carlo

https://twitter.com/bitstake

[10 months ago, we started our journey in developing financial services powered by the bitcoin blockchain with P2P lending, SMS wallet & exchange services. We showcase different use cases for bitcoin in Africa apart from remittance.Last week, we completed the website but unfortunately bitstake.co will be shutting down at the end of this month. The decision to shutdown the platform was due to changes in company's direction.Things don't always go smoothly at the first and that is why we always learn from our mistakes. Please withdraw your coins from bitstake.co by 30 October, 2015. We can't thank you enough for all the support you have given us for the past few months.There will be no future upgrade and support for XBS from bitstake team. XBS is an open source software and anyone is welcome to continue it's development.Good Bye and Good Luck,Bitstake]

10 months ago, we started our journey in developing financial services powered by the bitcoin blockchain with P2P lending, SMS wallet & exchange services. We showcase different use cases for bitcoin in Africa apart from remittance.

Last week, we completed the website but unfortunately bitstake.co will be shutting down at the end of this month. The decision to shutdown the platform was due to changes in company's direction.

Things don't always go smoothly at the first and that is why we always learn from our mistakes. Please withdraw your coins from bitstake.co by 30 October, 2015. We can't thank you enough for all the support you have given us for the past few months.

There will be no future upgrade and support for XBS from bitstake team. XBS is an open source software and anyone is welcome to continue it's development.

Good Bye and Good Luck,
Bitstake

Creating New Era of Digital Finance in Africa with Digital Currency P2P Lending & Trading Marketplace

Welcome to the official thread for BITSTAKE

Bitstake is a digital financial platform using bitcoin and other digital currencies to provide financial services with low transaction costs to the unbanked.

Our mission is to create the infrastructure necessary to implement an inclusive digital economy that encourage affordable digital transactions and services.

Bitstake’s vision is to make digital currencies more accessible to people unreached by traditional banking as well as drive down the costs of money transfers .

Online digital currency account

Bitstake offers interest on digital currency deposited on the platform, users earn interest based on staking algorithm.

Benefits

No monthly fees and access your account 24-7 anywhere in the world.
Earns Interest.
Make Quick payment.
low transactions and withdrawal fees.
Generate address to Receive coins.
Instant money transfers using any mobile phone without requiring internet

Peer-to-peer lending marketplace

Bitstake lending marketplace which facilitates peer-to-peer lending using digital currency as leverage where users Invest and Borrow Quick Loans. Peer-to-peer lending marketplace is a safe alternative to using traditional financial institutions with wide range of loan types at lower rates and cleaner fee structures..

SMS Wallet

Bitstake offers SMS wallet that enable consumers to have access to their account using their mobile phones. Bitstake customers can quickly and safely  pay for goods and services using their mobile phone without requiring internet. SMS Wallet was designed so that you can interact with it entirely through SMS. Text back commands to view your account balance, check recent transactions, pay or receive coins.


Trading Platform

Buy and sell digital currencies  on one of the most robust and powerful trading platforms available anywhere with the lowest trading rates in the business.


Prepaid Credit Cards

Convert digital currency into Prepaid Credit Cards

How does it work?

Bitstake is looking to leverage bitcoin and other digital currencies as a potential solution to Africa paying huge price for money transfer fees and make digital payments more accessible, leading a cashless economy.

Bitstake lets Nigerians buy and sell bitcoin using Naira;
Digital currency have a global value and users can quickly buy or sell anywhere in the world with low transaction fees thereby lowering the cost of remittance.

Convert your Naira to bitcoin.
Transmit that bitcoin to friends, relatives or use it to pay for goods and services.
Convert bitcoin to currency quickly and easily at an exchange anywhere in the world.


Does Bitstake use a cryptocurrency?
Yes, We created our own digital currency called XBS using proof of stake algorithm. XBS was mined during a 7 days period, it has no premine or presale. The current supply is 1,302,440 XBS

XBS can be use exclusively on our platform for SMS wallet, lending marketplace and trading marketplace.

Where to buy
https://bittrex.com/Market/Index?MarketName=BTC-XBS
https://www.cryptsy.com/markets/view/XBS_BTC
https://c-cex.com/?id=trade
https://empoex.com/trade/XBS-BTC
https://betasharex.com/trade/XBS/BTC

Explorer:
http://xbsexplorer.bitstake.co/

https://chainz.cryptoid.info/xbs/

Wallet

New Win Wallet:https://mega.co.nz/#!TBkmQQYC!xnTWs4Bv2jIOy-dNjHu717nchqFgeiAx33d3aMt91dc

New Mac Wallet:https://mega.co.nz/#!XBMFzLTI!QgzmH7o_7AlY8IJ-WStXSckMV_y17LblDIv9OIuEu3E



Read our WhitePaper

Latest News

May 4, 2015
Bitstake – Trending on Twitter

May 4, 2015
Bitstake – Hybrid Wallet Release, Windows only

Get in Touch

BITSTAKE.CO