Bitcoinus, found online at Bitcoinus.io, promises to transfer bitcoin payments in two seconds. Find out how it works today in our review.
What is Bitcoinus?
Bitcoinus is a payment platform that claims to be able to transfer bitcoin payments in two seconds. The platform uses “cutting edge payment processing” techniques to allow you to receive Bitcoin, Ethereum, Litecoin, and over 100 major cryptocurrencies.
The network is powered by the Ethereum blockchain. The goal is to create a global e-commerce solution.
Typically, today’s bitcoin payment processing platforms charge a fee of around 1%. Bitcoinus BIS, on the other hand, charges a fee of 0.5%. There are no ongoing monthly fees. Users enjoy free sign ins, free payouts, and instant currency exchanges.
The token sale for biu tokens is underway from January to May 2018.
How Does Bitcoinus Work?
Bitcoinus aims to offer fast, easy payment solutions using crypto as a medium of transfer. The platform can process transactions in 2 seconds. Bitcoinus charges just a 0.5% fee along the way – much less than the 1% charged by other cryptocurrency processors and significantly less than platforms like PayPal and credit cards, which charge fees of 3.5% and higher.
The platform will also offer a clean and flexible API that developers of any online business can use to develop their own solutions with integrated crypto payments. Plugins will be available for all major commerce platforms, including WordPress, Shopify, and others.
The goal is to integrate 100 altcoins within the first year of operation. Bitcoinus will mostly cater to online businesses, allowing all businesses and retail customers to buy, store, spend, and receive crypto assets.
Other features of the platform include a merchant reputation system and blockchain-based KYC.
Ultimately, if you’re an online business that frequently transfers money between global currencies, then Bitcoinus could help you save a significant amount of money every year on transaction fees.
Who’s Behind Bitcoinus BIS?
Bitcoinus is led by co-founders Tomas Mičkauskas and Xavier Murtza.
Tomas has 6 years of experience in trading on the Frankfurt, London, and New York stock exchanges. He’s also experienced with startups and project management, and has successfully advised multimillion dollar ICOs. Xavier, meanwhile, has successfully developed an international credit management business with offices in London, Manila, and Singapore, and has 17 years of experience in credit management and credit risk solutions.
The company is headquartered in London, UK under the name Bitus Ltd.
The Bitcoinus BIS ICO
The Bitcoinus ICO is proceeding in stages. Here’s how each stage breaks down:
- First Sale (Ends on February 22): 1 biu = 0.001 ETH, 8 million tokens are available at a 47% discount
- Second Sale (February 23 to March 23): 1 biu = 0.001 ETH, 17 million tokens available at a 40% discount
- Third Sale (March 24 to April 15): 1 biu = 0.001 ETH, 15 million tokens available at a 30% discount
- Fourth Sale (April 16 to May 1): 1 biu = 0.001 ETH, 7 million tokens available at a 15% discount
- Fifth Sale (May 2 to May 10): 1 biu = 0.001 ETH, 3 million tokens available at a 5% discount
Any unsold tokens will be burnt by a smart contract.
Bitcoinus BIS ICO Conclusion
Bitcoinus aims to be “the pioneer of online crypto processing”. The platform will charge a 0.5% fee when processing payments. Users can pay in “biu tokens” to lower fees even further. Meanwhile, the party receiving the money can accept payments in bitcoin, Ethereum, Litecoin, EUR, USD, and other popular transaction methods.
To learn more about Bitcoinus and the company’s ongoing token sale, visit online today at Bitcoinus.io.