BATA (BTA) The predecessor of barter trade dollars.
BATA (BTA) The predecessor of barter trade dollars.
Not the most well known cryptocurrency. But definitely one to look out for. Bata is very undervalued in our opinion.
What is 'Barter?
Barter is the act of trading goods or services between two or more parties without the use of money. Bartering can benefit individuals, companies and countries that see a mutual benefit in exchanging goods and services rather than cash. It also enables those who are lacking hard currency to obtain goods and services.
An example of a barter arrangement would be when an individual builds a fence for a cattle farmer in exchange for food raised by the farmer. Instead of the farmer paying the fence builder $1,000 in cash for labor and materials, the farmer could give the builder a similar value in beef or corn in exchange for the fence. Virtually any good or service can be bartered if the parties involved agree to the terms of the trade. For tax purposes, barter arrangements are the same as cash payments. The Internal Revenue Service (IRS) considers the value of barter arrangements taxable income.
Financial aspect
The market cap is still very low. This is why we think it's very undervalued. It's $3,003,847 at the moment. And it's already available on 11 exchanges.
It also has staking rewards. You receive 1BTA every week for every 1000BTA that you own.
That's a 0,1% interest per week.
It has a really short transaction time and a really cheap transaction free compared to other crypto's.
You can already download the wallet on the site. It's very safe and they show that they care a lot about safety. A very important aspect in our opinion.
The current price for 1BTA is $0.606090 at the moment. But we think that it would surpass to 1$ sooner or later.
We suggest that you check out their website: https://bata.io/ You can find plenty of info there.
We always suggest to read the whitepaper.
Remember to do your own research before investing! You wouldn't buy a car without looking under the hood now would you?
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