What does Bitai wallet mean (if Bitai wallet goes bankrupt)
Bitter Wallet explains what Bitter Wallet is a multi currency Cryptocurrency asset management platform that supports Ethereum, ERC20 tokens, EOS and Wave Field. Users can use Bitcoin or Dogecoin for various financial activities such as wealth management and various other digital token investment portfolios
At present, the mainstream Bitcoin and other Cryptocurrency trading platforms are mainly known platforms such as Coin Security Exchange, Fire Currency Exchange and OKEx. Recently, a wallet called “Bitcoin Cash Wallet” was launched in South Korea. It is reported that the wallet is the world’s most secure, convenient and fully functional Cryptocurrency wallet, which provides a variety of Cryptocurrency asset storage and transfer services; In addition, there is a decentralized wallet Bax that enables transfer between BTC and ETH; In addition, wallet solutions are provided for different types of applications (such as DApp development toolsets or browser plugins)
If Bite Wallet goes bankrupt
According to Bite Wallet’s official information, it is currently in the testing stage. If the project goes bankrupt, it means that Bitai is no longer operational, and it may face significant legal risks. According to relevant sources, the Bitai team itself is a highly influential figure with a profound background and experience accumulation in the blockchain industry. On June 17, 2018, Wu Xiaobo, the founder of Bite Wallet, publicly admitted to being a programmer through WeChat. In September 2017, he expressed his intention to establish a decentralized exchange (DEX) and promised to launch his digital asset trading platform, BitX, within a year.
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