What is Bytus?

Bytus is a fast-growing decentralized digital payment platform that is constantly developing innovative solutions in the crypto world. Providing cryptocurrency services to the mainstream requires reliable crypto banking services. The demand for cryptocurrency services is growing massively. The potential to satisfy this demand may be the greatest challenge to solve.

Bytus wallet works in real-time POS transactions. The solutions will be integrated into the wallet. Bytus works as a state channel, and it’s used to pay for the operating cost of setting up the channel. The functionality is only accessible with a Bytus token. Bytus tokens can be changed in value. The price per transaction is calculated similarly to how gas prices are on Ethereum.

What is the Bytus (BYTS) Token?

BYTS is the native token of Bytus. It's an internal asset that is utilized to fuel all transactions and secure the platform through staking.