Creditbit sees unprecedented price surge


There is really good news for the Creditbit holders, especially the people who bought some in the last few days as the cryptocurrency has seen an unprecedented price surge. The volume is $95,934 (24h) and the current market cap has touched $3,226,152.

Right now, Creditbit is one of the faster growing digital currencies in the cryptocurrency segment. The rapid adoption and development has positioned Creditbit as the ‘Future of Money’.

Creditbit is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.

As the volume jumped to almost $300k on Tuesday and is finally at $95,934 currently, people initially thought that this was a short term increase as a result of Creditbit being added to Novaexchange. But the consistent upward graph of the coins has even the most skeptical traders excited.

Novaexchange alone is witnessing a volume of $70,142 and the price $0.299076 (CRBIT/BTC). The second highest volume (24h) is at Cryptopia at $14,676 and the price is $0.155653, which has surprised some people.

Launched in 2015, Creditbit follows the decentralized model like many other digital currency platforms to revolutionize the monetary system. With the platform, Creditbits ultimate goal is to reach out to every individual on the planet, offering them banking and financial services over the blockchain.

Creditbits open source approach makes it easy for anyone to join the community to use and further develop the Creditbit protocol.

Moreover, setting up a Creditbit addresses and making transactions over the platform is completely free. The open source nature of Creditbit doesn’t confine its users to one particular model decided by its creator but it also allows developers to run, modify, copy and even distribute the modified versions of the software.

Creditbit is built as a robust platform, with all its source code available on main repos on GitHub.

Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC or any of its team members.  NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.

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