Nearly 5% of the world has access to cryptocurrencies and have crossed the first bridge to financial decentralization.

We strongly believe that education plays a key role in emerging new technologies and our community should have the front-row access to the resources available and then make an informed decision on investing in cryptocurrencies.

"We aim to empower the next billion to join the financial revolution by democratizing access to crypto through innovative social experiences."

Web wallets are non-custodial, which means you keep full responsibility for control of your private keys – and true ownership of the underlying assets.

Each wallet therefore holds the password-protected encryption keys to your assets across blockchains. This is in stark contrast to a custodial wallet, where another party – most commonly a cryptocurrency exchange or other service provider – controls your assets’ private keys and allows you secure access to them to conduct trades and transactions.

Users can swap wallet providers at any time and there’s a wide range of alternative web3 wallets out there to choose from.

A DEX or decentralized exchange is a type of crypto exchange that facilitates peer to peer (P2P) crypto transactions without any third party involvement. Transactions are executed with the help of automated agreements meeting necessary conditions called smart contracts.

DeFi (Decentralized Finance) is a new financial technology that is hosted primarily on blockchain. At its core, it seeks to decentralize traditional financial institutions such as banks and lending providers. It lets people from anywhere in the world use financial services regardless of whoever they may be.

Team

Our founding team has diverse experience across FX, cybersecurity, law and IT. We share a passion for crypto and the promise of a worldwide blockchain revolution.

We have recruited a diverse and international group of talented individuals who are busy building a range of innovative new crypto services.

Sharing community

We have a unique five-tier referral system and aim to grow the most fun and social crypto community.

So, if you are someone looking to invest safely and have fun while doing so, and have a large social network, this platform might be the one you're looking for!

MetaMask can be downloaded on Chrome and Firefox, or on iOS and Android if you’re a mobile user

2. Follow the setup specified by the app. Go ahead and click Create a Wallet. Write down the backup seed phrase somewhere secret (preferably not online). Note: If you don't save the seed recovery phrase, you won't be able to connect to your Metamask wallet

4. We want to access the Settings to point the wallet towards BNB Chain nodes.

5. On the Settings page, we want to locate the Networks menu.

6. On the Settings page, we want to locate the Networks menu.

7. We want to click Add Network in the top-right corner to manually add the BNB Chain one – it doesn’t come packaged with MetaMask.

8. Mainnet (This is the one you are probably looking for)

Network Name: BNB Chain New RPC URL: https://bsc-dataseed.binance.org/ ChainID: 56 Symbol: BNB Block Explorer URL: https://bscscan.com

Once you Save the Network and return to the main view, you’ll notice two things: the network has automatically been set to the one you just entered, and the units are no longer denominated in ETH, but in BNB.

Alternatively, you can also check out video to easily follow how to link Metamask to BSC

Our project is designed to help you explore the growing MetaFI universe to experience the freedom and joy of crypto without boundaries.

We take pride in the fact that we are building more than just an exchange and are setting the foundations of a new community of global investors.

Gas is the transaction fee all web3 users must pay in order to perform activities on a blockchain.

BitDrive is built on BNB Smart Chain (BSC), a blockchain designed specifically for running smart-contract applications (Dapps). Unlike Ethereum, its transactions are both fast and low-cost.

Gas is used to allocate resources and the unit to measure it is gwei. On BNB Smart Chain, 1 gwei is 0.000000001 BNB.

With an average gas price of around 6.5 gwei, sending 10 BNB should cost less than ten cents. However, this rate is subject to network conditions and market volatility.

Web3 (also known as Web 3.0 or web3) is an idea for a new iteration of the World Wide Web based on blockchain technology, which incorporates concepts including decentralization and token-based economics.

Buy and sell tokens instantly with our decentralized exchange.

BitDrive uses an automated market maker (AMM) that allows you to exchange two tokens on the Binance Smart Chain network.

BitDrive shares 20% of your trading fee with members of the BitDrive community. Every time you trade you are supporting the viral growth of our project.

A wallet also acts to provide a digital identity so that you can easily login to a range of decentralized applications.

Instead of usernames and passwords for each site, you can login using your wallet's cryptographic key.

This makes navigating between different exchanges, NFT marketplaces, and games very easy, although you may need to manually switch between the blockchains, when traversing from an Ethereum-powered site to one using BNB Smart Chain for example.

BitDrive simplifies the swapping process and includes the option to Quick Swap tokens on the home page.

More advanced trading features are included in the separate Exchange page.

How to use Quick Swap

1. Connect your wallet

2. Select the pair of tokens you want to swap

3. Type in the amount of tokens or use the slider

4. Click Swap

5. Check and accept notifications from your wallet

Liquidity Pools are a collection of funds that are locked in a smart contract. They are used to let others carry out transactions, including lending, borrowing and trading.

The liquidity that exists on exchanges comes from Liquidity Providers (LPs), users or entities in the crypto space, who stake their tokens in Liquidity Pools.

Liquidity providers stand to earn trading fees and other assorted crypto rewards from those exchanges where they contribute to the pool.

Liquidity in 3 simple steps:

1. Provide a pair of tokens to help others trade

2. Earn a share of transaction fees

3. Re-invest your LP tokens into farms for bonus rewards (coming soon)

When someone makes a token swap, a transaction fee of 0.3% will be charged. 20% is returned to liquidity providers in the form of a fee reward.

The exchange is where you can easily trade one token for another.

How to Swap Tokens with BitDrive

1. Connect your wallet

2. Select the pair of tokens you want to swap

3. Type in the amount of tokens or use the slider

4. Click Swap

5. Check and accept notifications from your wallet

Unlike many DEXs, BitDrive includes an integrated chart function to help you make the smartest investment decisions.

Trading fees

When you make a token swap (trade) on the exchange, a trading fee of 0.3% will be split between the community of liquidity providers and referral partners.

Automated market makers allow the users to add liquidity and trade assets with ease. This can be done without centralized exchanges. They are run by smart contracts and algorithms to calculate price of the assets.

Ultimately, the success of BitDrive will rely on the power of its community to build a true social crypto experience.

Our founding team plans to reward the most active and helpful members of the community with a range of benefits.

Join our official social media channels to stay up-to-date with the latest news, guides and competitions.

The Portfolio feature shows tokens in your connected wallet.

This is designed to help you easily track your investments' growth and reinforce the benefits of a diverse portfolio for appropriate risk management.

Currently only the most popular tokens are shown but we will be adding support for more soon.

Our community has both a Telegram group for chatting and also a channel for important announcement only. Come join us and say hello!

Follow BitDrive on Twitter to keep updated with our the latest news, trading guides and competitions.

We are proud to present our one-of-a-kind, five-tier referral system. BitDrive shares 20% of its trading fee profits from your direct and indirect referrals.

The 5 tiers are listed below:

• 8% from level 1 referrals

• 6% from level 2 referrals

• 3% from level 3 referrals

• 2% from level 4 referrals

• 1% from level 5 referrals

The more your network trades, the more you earn!

We take security very seriously at BitDrive.

Keeping that in mind, we conduct regular security audits to ensure our community can have the highest levels of confidence in using BitDrive services.

We also request auditors to update reports when any identified potential issues are fixed for maximum transparency.

Passive income and referral community: Passive income for your referrals essentially refers to you (user) constantly having the opportunity to earn when your friends and social circle continues to trade on BitDrive.

We are pleased to share our product development roadmap to the BitDrive community.

This Kanban-style chart includes the current live features, active items we are working on and our longer-term ideas.

We may adjust our future plans based on community feedback and will update our roadmap regularly.

BNB Chain (BSC) is an amalgation of previously known Binance Smart Chain (BSC) and Binance Chain.

BNB Chain is comprised of: BNB Beacon Chain (previously Binance Chain) - BNB Chain Governance (Staking, voting) BNB Smart Chain (BSC) (Previously Binance Smart Chain) - EVM compatible, consensus layers, and with hubs to multi-chains.

BNB Chain evolved from Ethereum but was modified to increase its speed as well as reduce the transaction costs.

BitDrive publishes live data from the BNB network on its homepage, including daily transaction volume, average gas fee, and total unique wallet addresses.

BNB is the native cryptocurrency of the BSC community and it has been a part of the exchange’s growth trajectory since its inception.

It's most important use is to pay for transactions (gas) fees that allow the network to run.

BNB was first introduced in 2017. Initially the token’s total supply was capped at 200,000,000, but due to the quarterly token burning events, the supply has reduced considerably.

MetaFi is a concept that provides advanced and sophisticated DeFi infrastructure to all the different types of projects such as metaverse, GameFi, SocialFi, Web3, and NFTs and puts them under one umbrella.

It is a future all-encompassing ecosystem that promises to deliver a paradigm shift that will enable seamless interoperability between different projects and blockchains.

The native token standard for Binance Smart Chain (BSC) is BEP-20.

The BEP-20 standard was designed to be fully compatible with the most common Ethereum token standard, ERC-20. You can think of these standards as a set of rules for tokens that defines how they can be spent and who can spend them.

To carry out any activity on BSC, you would need to pay the transaction fees (gas) through BEP20 BNB. Additionally, you would need different BEP20 tokens for staking, trading, etc.

Just like Ethereum, it is possible to wrap crypto like Bitcoin and others on BSC too. Using a bridge, you as a user can wrap your crypto (BTC, ETH, USDT, XRP), on the BSC in the form of BEP-20 tokens.

Decentralized Finance (DeFi) and Decentralized Exchanges (DEXs) have been one of the fastest growing parts of the crypto sector.

DeFi lets anyone do most of the things that banks support — earn interest, borrow, lend, buy insurance, trade derivatives, trade assets, and more — but it’s faster and doesn’t require paperwork or a third party.

DeFi uses the blockchain technology that cryptocurrencies use. A blockchain is a distributed and secured database or ledger. Distributed applications (dApps) are used to handle transactions and run the blockchain.

As with crypto generally, DeFi is global, peer-to-peer (meaning directly between two people, not routed through a centralized system), pseudonymous, and open to all.