YouToken and BestRate Form Strategic Partnership

Anthony Cerullo
May 11, 2018

Hello everyone! As you’ve noticed, the YouToken blog and community channels have been rather quiet lately. It’s not that we’re out of exciting news to share with you. In fact, it’s just the opposite. Together with BestRate, YouToken formed a new strategic partnership that will help enhance our platform and bring numerous benefits to the community.

YOUTOKEN AND BESTRATE WORK TOGETHER TO DISRUPT CROWDFUNDING

Since YouToken first set out on its goal to disrupt traditional crowdfunding markets, we’ve faced a few roadblocks in the way. One of the most trying issues we’ve attempted to circumnavigate is that of accessibility. There are thousands of cryptocurrencies out there, and millions of users. YouToken did not want to limit our community to just Bitcoin or Ethereum on the platform. Hence, we've decided to form new, strategic partnerships with the crypto exchange aggregator BestRate.

We’ve used the BestRate widget on YouToken for a couple months but now, we’ve discovered a way to include them in our development in more productive ways that will benefit us both. For those just joining us, here is some background information regarding BestRate.

BESTRATE’S ATTRIBUTES AND HOW THEY BENEFIT YOUTOKEN

BestRate aggregates trustworthy exchanges and allows users to buy, sell and exchange Bitcoin, Ethereum and a variety of other altcoins at the “best rate.” You can also buy cryptos with a credit card featuring a low commission. Furthermore, BestRate lets you store coins in your own wallets, meaning you don’t need to entrust them to other trading platforms, resulting in a more secure process. Coins don’t actually pass through the platform itself. Instead, the exchange occurs between the wallets via BestRate’s API.

BestRate does not charge any additional fees for this service. Hence, users get the same amount as if they were using the service provider directly. It was features like this that lead YouToken to form an affiliate partnership with BestRate. Now, users can take advantage of the ICO payment tool on YouToken.io. This solution allows users to buy YouToken tokens (YTN) with over 80 different crypto coins and fiat money options. To see the full list of supported coins on BestRate, follow this link.

BESTRATE, YOUTOKEN AND THE FUTURE OF CROWDFUNDING

The essence of any great project is the team behind it. This collaboration with BestRate means YouToken’s team will grow bigger, obtain new knowledge and make new connections that were not possible previous to this relationship. Having additional resources such as this will aid us in creating a more developed roadmap, more advanced technology and overall a better product for our community. With more creative minds on the task, true innovation has a chance to shine through and make an impact in this industry.

For all those who continue to support us through this journey, we thank you kindly. As always, our team is ready to help you 24/7, so pop into our Telegram group to ask questions or just to say “hi.” We’ll be waiting.

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