GET 10% OFF ON YOUR FIRST ORDER. FOR A LIMITED TIME ONLY. Use code: WELCOME on checkout
Press Release
Risebit's team has recently unveiled a new generation of investment platforms that will include multiple innovative features. Among these, the founders mentioned the introduction of intelligent arbitrage and a new way of exchanging assets whilte ensuring the best exchange rate for users.

Risebit Announces a New Generation of Investment Platforms

Risebit’s team has recently unveiled a new generation of investment platforms that will include multiple innovative features. Among these, the founders mentioned the introduction of intelligent arbitrage and a new way of exchanging assets whilte ensuring the best exchange rate for users.

These platforms will offer users various benefits, such as affordable interest rates, transparency, and security. Risebit will also release its cryptocurrency, Risecoin, which the community will use in the voting processes for investment projects.

The Introduction of Intelligent Arbitrage

Intelligent arbitrage in the Risebit ecosystem allows users to always get the best conversion rate for their crypto assets. This is possible thanks to an intelligent system that searches for the best conversion rate among all exchanges. Once the algorithm finds the best price, it routes the transaction to that DEX.

The goal of this system is to become a cross-chain solution not limited to a single DEX. This would be a significant advantage because it would allow for more price discovery and options for the user.

At the moment, Risebit runs on the BNB Chain. However, the team is already working on expanding the system to other blockchains. Specifically, the founders mentioned Ethereum, Avax, Polygon, and Moonbeam, with others coming in the future.

A New Way to Lend and Borrow Funds

Risebit goes beyond the trading dimension by introducing borrowing and lending services in its ecosystem. As the founders explained in their whitepaper, the interest rates will be much lower than traditional banks generally require. 

Moreover, the platform will require users to post crypto assets as collateral. If the value of the posted collateral falls below the settlement price, Risebit will automatically sell the crypto assets. 

In this way, the system will reestablish liquidity and cover the taxes associated with the loan. The platform aims to avoid any issue that may arise from a massive drop in the value of posted collateral.

The team mentioned Bitcoin, Ethereum, Cardano, Polkadot, Avax, and Solana among the cryptocurrencies accepted as collateral. Users will be able to borrow BUSD in this new decentralized platform.

Governance and Investment

Another essential feature unveiled by the team is its governance system. The project wants to create an ecosystem in which users can have control and vote on what they want.

The whole workflow consists of two macro-steps:

  • Risebit audit: The team will review each new project at an early stage. Specifically, Risebit will be interested in the project viability, security audits, and other aspects of the initiative.
  • Voting: At this point, the community can vote on the project they want Risebit to invest in. Each community member can burn Risecoin tokens to participate in the project.

Overall, the voting operations will take 1-2 weeks, after which Risebit will announce the winning project.

About Risebit

Risebit is a decentralized investment platform built on the blockchain. This project wants to enable its users to generate returns safely and reliably.

Risebit’s services go beyond trading and include features such as mining, staking, and much more. The company plans to launch its native token soon, which will have a core role within the platform.

Investors looking for more information on Risebit may refer to its website and the social media pages below.

Telegram | Twitter | Discord

Disclaimer: This is a paid press release! Chain.Buzz does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Chain.Buzz is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Latest Press

post-thumbnail
Press Release
3 days ago
Building a Stronger WEMIX: Strategic Updates for 2025
WEMIX has announced a comprehensive strategy to reinforce the long-term stability of its blockchain ...
READ MORE
post-thumbnail
Press Release
5 days ago
Principal Protocol Announces Innovative RWA-DeFi Concept with 100% Asset-Backed Valuation
Principal Protocol (PRN), a new project blending traditional RWA with Defi concepts, has announced a...
READ MORE
post-thumbnail
Press Release
6 days ago
MNEE Stablecoin Now Available on HandCash: Unlocking Instant Transactions with No Gas Token Required
MNEE, an instant USD-backed stablecoin, is now live on HandCash, a leading wallet powering game econ...
READ MORE
post-thumbnail
Press Release
6 days ago
PeerGame Introduces Seamless Crypto Transactions with WalletConnect Integration
Leading cryptocurrency gaming company PeerGame has announced the launch of its new cashier system &#...
READ MORE
post-thumbnail
Press Release
6 days ago
PeerGame Launches Seamless Wallet Integration with HandCash
Leading cryptocurrency gaming company PeerGame has announced its exclusive integration with HandCash...
READ MORE
post-thumbnail
Press Release
6 days ago
BitUtility Launches Peacock NFT to Unlock Zero-Fee Crypto Payments Worldwide
BitUtility has officially launched its initial utility NFT, labeled “Peacock.” The team ...
READ MORE
post-thumbnail
Press Release
1 week ago
Bitcoin to $1 Million: The Future of Wealth Creation Through Mining
Bitcoin’s future has never looked brighter, with industry professionals predicting an explosiv...
READ MORE
post-thumbnail
Press Release
1 week ago
Polana Launches AI-Driven DeFi Platform and Starts POLAI Token ICO/Presale
Polana Labs (POLAI), an AI-powered DeFi platform, has officially launched, boasting automated, AI-dr...
READ MORE
post-thumbnail
Press Release
2 weeks ago
Choosing the Right Bitcoin Mining App
Bitcoin has grown from a fringe technological curiosity into a major financial asset, and at the hea...
READ MORE

Publish an article now

Unlock the power of media for instant visibility to the target audience, major SEO boost, greater website traffic and conversion rates.

click here to get started