Bitrans Protocol

The first decentralized spot and perpetual protocol with low slippage and price impact trades on #RGB.
#lightning network #Taproot #Bitcoin

[Bitrans Protocol @Bitrans_RGB]

#Bitrans
Whitelist Issuance

Try completing all these tasks to get a WL : https://t.co/PK00vSX4ED

The exclusive method to acquire a WL is by earning XP. We will distribute WLs according to the Zealy rankings (form of GoogleList after ended). Good luck!

[Bitrans Protocol @Bitrans_RGB]

@oooooyoung We tried to communicate with Zealy officials, but their feedback was that after the update, future interfaces will be presented in the new viewed.

[Bitrans Protocol @Bitrans_RGB]

We noticed that most users' tasks were successful. Congrats! 👍

However, a few mates' tasks that have been completed but failed. This may be due to some bugs after the Zealy updated.

Bitrans team will manually review failed tasks and award XP to ensure fairness🤲

By Bitrans

[Bitrans Protocol @Bitrans_RGB]

@davidLuo857 In order to thank you for the problems found during Bitrans testing and to compensate you for your losses, please DM us.

[Bitrans Protocol @Bitrans_RGB]

Urgent!!!
There is a "Fake Bitrans" circulating, and some users have fallen victim.
Bitrans is currently in the WL stage and doesn't request any assets from users.
Be cautious of scams!🔐

[OxSwap @davidLuo857]

@Bitrans_RGB fxxk，This is a scam, I just had $45 stolen from me。

[Bitrans Protocol @Bitrans_RGB]

@davidLuo857 So Sry sir, the DC invitation link are permanent.
And yesterday many users joined our DC Fam through this link.
It is currently unclear why DC invite link was redirected to Fake Bitrans.
In order to prevent more users from being deceived, the invitation code has been replaced.

[Bitrans Protocol @Bitrans_RGB]

@davidLuo857 Sry to hear that sir but we are build on the RGB.
So you are scammed by a fake one

[Bitrans Protocol @Bitrans_RGB]

#Bitrans
Whitelist Issuance

Try completing all these tasks to get a WL : https://t.co/PK00vSX4ED

The exclusive method to acquire a WL is by earning XP. We will distribute WLs according to the Zealy rankings (form of GoogleList after ended). Good luck!

[Bitrans Protocol @Bitrans_RGB]

Hope the Thread to facilitate a deeper comprehension of Bitrans and its core functionalities 📍

[Bitrans Protocol @Bitrans_RGB]

Hello All Mates💎
The First Decentralized Perpetual Protocol with Bitcoin-assets collateral support and low price impact trades on RGB & Lightning——"Bitrans" is coming🌍🌈
🧵

[Bitrans Protocol @Bitrans_RGB]

@ZNeolla Try this one sir. https://t.co/5Gx2nuAqns

[Bitrans Protocol @Bitrans_RGB]

5/
Bitrans is set to define decentralized transactions on RGB.
(DM me or create a DC ticket if there are any questions).

[Bitrans Protocol @Bitrans_RGB]

4/
How many currency pairs are currently traded?

As 1/ said, Bitrans team is in the development phase, please follow our whitepaper for any progress.

[Bitrans Protocol @Bitrans_RGB]

If the transaction between the two parties is successful, the channel will receive part of the fee.
A and B participating in the transaction will receive payments and transactions through the Lightning Network and will not incur additional gas fees.

[Bitrans Protocol @Bitrans_RGB]

Cuz the Lightning Network already has funding channels supporting multi-hop HTLC payments.
The channel funded by the token forms a logical network. Even if there is no direct channel, A can still place pending orders or market price closing orders.

[Bitrans Protocol @Bitrans_RGB]

3/
Will frequent transactions result in extra gas fees?

No, Bitrans is based on the layer2 of Lightning Network. It has No GAS fees right now, low transaction slippage and fast speed, and can meet the needs of large-amount transactions and high-frequency transactions.

[Bitrans Protocol @Bitrans_RGB]

Hello All Mates💎
The First Decentralized Perpetual Protocol with Bitcoin-assets collateral support and low price impact trades on RGB & Lightning——"Bitrans" is coming🌍🌈
🧵

[Bitrans Protocol @Bitrans_RGB]

2/
Compared with DIFI, what are the differences between you?

In addition to scalability, Bitrans is based on RGB's client-side validation and single-use-seals concepts, achieving both security and privacy, put the transaction verification off-chain.

[Bitrans Protocol @Bitrans_RGB]

1/
What is Bitrans?

Bitrans is a Decentralized Perpetual Trading and more Derivatives Protocol Based on RGB and Lightning Network.
We are still in the early stages and will soon launch a whitelist campaign.