What is CoinBox Finance and CBFI Token, Solutions for Traders, Investors, Stakers, Traders, etc.

What is CoinBox Finance? 

CoinBox Finance (CBFI) is a Non-Custodial Multi-Chain with innovative features. The developer team has experience in blockchain services and DLT (Distributed Ledger Technology) since 2016. CoinBox Finance will be the solution for Traders, Investors, Stakers, Traders, etc. Merchant, P2P, Layer 2, Bridge, CBFI Token, NF(royal)T's, Token Creator, Verified, SWAP, DEX (Decentralized Exchange), Yield Farming, and Liquidity Pool are available on the CBFI platform.

CoinBox Finance (CBFI) implements some of the most popular large chains today, such as Eth, Sol, Matic, BSC, and one more, namely DRC20 from DDK technology, which will be released at the launch of DDK Core 2.1.

Interestingly, users can swap with only one application of various existing Altcoins. CBFI is designed for Multi-Chain platform on Non-Custodial wallets equipped with innovative features. The team has adapted since Ethereum started. The CBFI team also has a vision and strategy to make users' lives fully use cryptocurrencies in their activities

CoinBox Finance offers many advantages to investors, traders, sellers and managers who deposit their funds on the blockchain. Here are some of the advantages it provides:

1. CBFI Easy to Use

The CoinBox wallet allows users to find every asset on the market, trade at the best rates, and manage all coin portfolios from one place.

CoinBox wallet integrates more than 18 blockchain protocols, which makes it easy to find tokens, then spread (the difference between buying and selling prices) to many different networks on one platform.

Also a source of liquidity than any centralized and decentralized exchange. The data is collected by the provider and provides one-stop access to transactions that display asset prices in real-time.

2. Future Proof

Another advantage of the CBFI backend technology is that it is able to switch and integrate to a new blockchain at any time in the future without having to change anything on the backend. Of course, we don't know what will happen in the future, but the option of integrating is always there, and the team will always integrate whenever there is a new blockchain. With the Tatum provider, it is possible to provide services with a faster solution than having to rewrite the blockchain integration from scratch all over again.

3. Scalability

The Bitcoin blockchain is currently only capable of 7 transactions per second (TPS) and the Etherium blockchain 15 transactions per second globally. The number is certainly not much, considering the number of existing users. The heavy traffic that occurs makes users have to pay a large fee for each transaction on the network. Meanwhile, what if we use it for daily transactions or use it for micropayment transactions?

Well, the solution to the scalability and adoption problem is to use Layer 2 off-chain technology. CoinBox has a unique off-chain technology because it utilizes Tatum. That way, users can efficiently transact with any blockchain, whether it's Bitcoin, Etherium. And DDK, all of which are instant and free of charge.

4. Adopt CoinBox Finance

CoinBox introduces Merchant QR-Invoice, P2P Marketplace, Token Creator and NFT products on Mobile that make it easy for users, even beginners to blockchain, regarding their needs.

The technology that is in CoinBox is extraordinary. Later, traders will no longer need to create multiple accounts on exchanges, with CBFI they will be able to store and send assets, as well as trade in one application. So, hurry up, don't ignore this valuable opportunity, collect the CBFI tokens right away.

What is CBFI Token?

CBFI Token is a Multi-Chain Token built upon the BCS, ERC20, SOL, MATIC Networks and also DDK Core 2.1 (DRC20). Currently, most exchanges implement custodial wallets, where assets are controlled by third parties. Meanwhile, CBFI has implemented a non-custodial wallet, so users will be more comfortable and safe buying and storing their assets.

This means, a non-custodial wallet is essentially something that is based on a blockchain with an asset storage wallet that gives the user autonomy as the controller and guardian of his own assets. It provides complete control over its assets and associated private keys.

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