What Is Oobit (OBT)?

Oobit (OBT) aims to become a one-stop financial platform for cryptocurrency users. The platform operates by combining traditional financial services and advanced blockchain technology. Moreover, Oobit (OBT) aims to encourage users to utilize crypto seamlessly without facing digital roadblocks.

Hence, Oobit (OBT) focuses on three key components: the finance behind crypto, management, and the spending of the crypto assets. According to the website, users can purchase cryptocurrency in minutes via Oobit (OBT) token. The platform seeks to support over 50 unique currencies. Also, the platform aims to accept various payment options like bank transfers, credit cards, and debit cards. Next, Oobit (OBT) seeks to enable users to trade and stake crypto tokens in a protected platform. Users can pick from as many as 60 growing crypto assets available on Oobit (OBT). 

Furthermore, the platform aims to be a trustworthy platform, as claimed by the website. The platform seeks to successfully acquire registrations and valid licenses in various jurisdictions all across the globe. Oobit (OBT) aims to constantly evolve the platform’s operations to stay in sync with the new legislative changes. Meanwhile, the platform aims to use a high-standard security protocol to secure and protect crypto assets. Also, Oobit (OBT) utilizes MPC wallets to store crypto tokens. MPC or multiparty computing wallets aim at providing a high-security standard by dividing the private keys controlling the cryptocurrencies between various devices. Additionally, as the website mentions, the platform features global KYC and AML or anti-money laundering standards, testifying that Oobit (OBT) seeks to prioritize security at all costs. 

Besides, Oobit (OBT) launches a debit card, also known as the Oobit (OBT) card. Typically, the card envisions making crypto spendable by users. The oobit (OBT) card seeks to allow users to cash out cryptocurrencies quickly and proceed with easy payments online, offline, and internationally. 

OBT, the official Oobit token, is a decentralized asset on the Ethereum network. The primary purpose of the utility token aims to be to lower the trading charges. For instance, users can enjoy a 50% cut-back on the trading charges by holding OBT. Furthermore, the token seeks to encourage users to stake OBT and earn better rewards. The token seeks to facilitate a quick transaction of crypto assets globally without bearing any transaction charges. Plus, the yield rates on OBT are fairly high, aiming to provide users with increased revenues. To sum up, OBT is a decentralized token that seeks to be utilized as an instrument of transaction and an asset that stores value. 

History of Oobit (OBT)

Oobit (OBT) was first launched in June 2017. Moshe Schlisser is the chairman of the cryptocurrency platform. The maximum total supply of OBT is 1,000,000,000 tokens.