Check out what's new for May
As told you yesterday, today is time for our monthly announcements. When we first sent you such an update, the weekend ahead was going to be easy. But we're convinced the next days won't be like that. Even though both bitcoin and ether are pumping today, they aren't showing the necessary strength (at least yet, keep checking the volume) to support the generalised selling anticipated for this Saturday, as many are expected to take profits after Elon Musk pumps dogecoin once again. So have that in mind before going to sleep and prepare for the likely volatility: have a trading plan, consider using stop orders and take profits!
Meanwhile, what have we at B21 achieved this April, and what are we preparing to support you and our stakeholders over the next months? Overall, we've doubled our userbase and continued working on improving our product. From a better registration flow and an optimised KYC process, our app is increasingly user friendly to help us achieve our goal of reaching 100 million users (and for that we recommend you watching this new interview with Layah Heilpern and B21's founder, Nitin Agarwal). What else is there? Read ahead for more updates!
Product: new one-clicking staking.
Staking is typically confusing, complicated and costly. We’re changing all that with B21 Earn. We've partnered with Celsius Network, one of this industry's most interesting and legitimate platforms, to bring "one-click staking" on the B21 app.
"Partnerships with crypto innovators like B21 are game-changers for the every-day retail investor looking to cryptocurrency as the new asset class of the future" - Alex Mashinsky, CEO of Celsius.
In brief, with a single click you can stake or unstake your entire portfolio. We offer weekly payouts every Tuesday, without lock-in, and up to 18% annual percentage yield, or APY. There's also no minimum balance and you can withdraw anytime!
"B21 is proud to be partnering with industry leader Celsius which provides the best rates and experience for earning yield on crypto assets. We have the shared goal of bringing in hundreds of millions of users to crypto" - Nitin Agarwal, Founder and CEO of B21 Invest.
Growth: focus on convenience and education.
After our website update in March, we have been increasing our communication focus. This newsletter was founded in April to educate the overall cryptoasset community, trying to suit both newcomers and experienced traders. So feel free to hit reply and let us know if you have any feedback regarding it!
Our social media has also been growing, with a 150% increase in followers over the past 4 weeks who now have access to a simple and safe Invest, Earn, and Spend offering. All this has been reflected in the recent appreciation of the B21 token, which jumped 65% over the past 7 days. But always do your own research!
The Desi Crypto Show: top-notch interviews
Our weekly interviews with other global crypto projects and key participants of this community are a great success. Check April's episodes with timestamps below:
- NFT basics with Matty, aka DCL Blogger
- NFT Index Funds with NFTX
- Decentralized APIs for Web 3 with Saša Milić from API3
- Bitcoin & Human Rights with Alex Gladstein from Human Rights Foundation
What we're working on: crypto cards, DeFi, and multi-chain
- New exchange listing soon
- One-stop source for all your DeFi investments
- B21 Card Global Launch - remember, these aren't pre-paid ones
- Completion of B21's multi-chain integration with Solana, Matic, and Polkadot
- B21 and NFTs - a feature to show your NFTs collection
One last thing: always serving our community.
The B21 team has partnered with COVID Crypto Relief Fund to provide banking access to convert the donated funds into INR. Learn more about the story here.