BRD is a global company that aims to bring blockchain-enabled financial services to the mobile generation, offering users a simple and secure way to purchase and safeguard Bitcoin and other cryptocurrencies.
BRD is also the creator of Blockset, a new blockchain infrastructure platform for large enterprises. Established in 2015 and headquartered in Zurich, Switzerland, BRD has raised 56 million US dollars from investors including SBI Holdings, Ripple, and others focused on FinTech and blockchain. BRD’s crypto applications are available in 170 countries for both iOS and Android users.
What is BRD Coin?
With over 5 million customers worldwide, BRD has accumulated about 6 billion dollars in crypto assets under protection and has become one of the fastest-growing blockchain-enabled financial applications for everyday consumers. The BRD token offers discounted transactions and rewards on this growing platform.
The BRD token is at the heart of the BRD Rewards loyalty and rewards program. BRD token holders can enjoy various benefits depending on the number of BRD tokens they hold within the app.
In fact, the BRD token resembles the working principle of Binance Coin which offers cheaper transaction benefits on Binance. The BRD token provides discounts and additional services within the Bread application. For example, while purchasing Bitcoin through the app typically costs 5 dollars, using the BRD token reduces this fee to 3 dollars. Additionally, according to the platform, owning BRD tokens will continue to provide various benefits to users in the future.
BRD Coin Market Insights
Looking at the BRD BTC parity, it is evident that the BRD token reached a record high of 3.44 dollars when it was first introduced to the market. Currently, in the Bread BTC charts, the token is trading at about 95% lower than its all-time high, progressing at 0.1209 dollars.
Moreover, according to CoinMarketCap, the Bread token ranks 421st in terms of market capitalization, with a total market cap of 10,729,352 USD and a 24-hour trading volume of 1,993,852 USD. On the other hand, out of the planned total of 88,862,718 Bread tokens, 88,733,978 are currently in circulation.
The BRD Wallet is a cryptocurrency wallet that can be downloaded for free via iOS and Android applications. During the setup process, no registration or personal information is required. After downloading the BRD Wallet, you can use an existing Bitcoin wallet within the app or create a new one. When a new wallet is created, a 12-word recovery phrase is provided in case the phone is lost or membership information is forgotten, similar to standard BTC wallets. Moreover, this recovery key is only accessible from the device, minimizing the chances of Bitcoin loss due to an attack on Bread.
Additionally, BRD Wallet’s simple user interface facilitates easy transactions for those using the app.
BRD Wallet is quite useful for users who frequently transact in Bitcoin as it is a hot wallet and connected to the internet.
Furthermore, Bread Wallet simplifies the purchase of Bitcoin through various methods such as credit card, a Bitcoin ATM, or an exchange. BRD Wallet also allows for easy conversion of Bitcoins to Bitcoin Cash, Ethereum, and a number of ERC20 tokens.
How to Purchase Bread Coin?
The BRD token, offering numerous advantages to its users along with the BRD Wallet, can be easily purchased from one of the world’s most trusted and fastest exchanges, Binance.