Welcome to this week’s update — and what an update we have in store.

We started the week with some big news: we’re now integrated with the Bancor Protocol. Basically, it’s the opposite of a centralized exchange, instead Bancor is a decentralized liquidity network. The platform offers users continuous, cross-chain liquidity, which means you’re able to convert any two tokens without a counterparty.

We want to integrate all of this functionality into our DApp. We’re going to build a one-click buy option within the DApp itself, while any token on the Bancor Network can be converted in a few simple clicks from the MyBit platform. All in a super user-friendly UI.

We’re also happy to say that MyBit is now listed on IDEX, the world’s largest decentralized exchange. IDEX is a truly revolutionary exchange. As well as being the largest of the decentralized exchanges, the platform lets users trade continuously, without having to wait for transactions to mine. For the MyBit community, it means we can now get all the benefits of a centralized exchange while trading on a decentralized platform. It’s a win-win.

We’ve also got a surprise announcement this week: we’re now listed on TOKENJAR. For the MyBit project, it’s great to be listed on yet another decentralized exchange. And the team couldn’t wait till next week to let you know all about it. We hope you’re as excited as we are.

As always, feel free to reach out to us on Discord, Telegram or Reddit with any questions or thoughts.

And for those of you at the Blockchain Expo in Amsterdam, we’re organising a MyBit Meetup on the 27th of June. Come and say hi!

Till next time,

The MyBit Team

One more thing:

Next WEEKLY UPDATE will be a special one…