Singapore-based digital asset bridge SKYBIT has opened IEO token sales on ProBit Global, citing the platform’s IEO prowess and global base as key drivers to accelerate its overarching mission of financial inclusion.
With a strategic location to build off Singapore’s rich startup infrastructure and resources, SKYBIT provides a digital payment processor and refined remittance services to accommodate the 73% of those in Southeast Asia that remain unbanked. The service will also provide a considerable boon to the local expatriates that are often faced with unwieldy processing times and disproportionate fees.
Merchants that are faced with potentially significant technological barriers benefit through SKYBIT’s digital asset conversion capabilities, enabling them to expand their services to accommodate the enormous digital asset demographic while receiving payment in fiat such as SGD.
The SKYBIT digital asset exchange will enable diversified trading across a wealth of assets and will also provide listing services aimed at helping growing startups finance operations. A DEX connecting to Uniswap’s smart contracts will also accommodate trading across its diverse pools and deep liquidity. SKYBIT also plans to roll out additional DeFi services such as lending and borrowing SGD through asset-backed collateral.
SKYBIT tokens are currently available with additional bonuses on ProBit Global, benefitting holders with discounted DEX trading fees as well as the ability to purchase various NFT once the platform’s NFT marketplace goes live.
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SKYBIT is a social enterprise solving socio-economic problems using technology. It applies the revolutionary technology of blockchain to provide a modern financial bridge between Southeast Asian nations and the rest of the world.
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