Buy, Sell, & Trade BORA
Exchange BORA with USD and Cryptocurrency
We believe that everyone should have the opportunity to safely and easily buy, sell, hold and trade cryptocurrencies. From this vision, Rubix was born. The easy-to-use interface and digital wallet can be accessed from web browsers or smart devices, with advanced cryptography systems in place to protect your funds and safeguard your identity. It is quick and easy to sign up for Rubix, and BORA trades take place in real time with just a couple of clicks.
BORA is the name of a decentralized application (DApp) platform based in South Korea and its native coin. Launched in 2018, BORA coin was built using a dual blockchain based on Ethereum’s ERC-20 token and with several sets of sidechains. The coin later changed to the Klaytn mainnet, a move designed to enable the expansion of the blockchain ecosystem. The migration was completed in November 2021. From then, users could no longer trade Ethereum-based tokens on the exchanges; exchanges now have to be made using the newer Klaytn-based coins. Coin owners could switch their older tokens for the newer coins.
BORA’s sidechain sets can handle up to 2,200 transactions per second (tx/s). With no limitations on expanding sidechains, the digital currency is fully scalable. There are more than 860 million BORA coins in circulation.
The BORA platform uses a dual token system. The proprietary coin of BORA can be used on the BORA platform to purchase SHELL tokens. These SHELL coins can then be used to access games and digital content and can only be used within the BORA platform. Users must exchange SHELL for BORA tokens to trade coins outside of the platform.
The dual token system ensures speed and lower costs for users of the BORA platform. Thanks to the platform’s modular architecture, content providers can easily implement blockchains independently. The primary benefit of this design is that services operate independently, with no impact on other services across the BORA platform. The mobile-first blockchain gaming service reports having more than 50 million players for some of its games.
Who created BORA?
BORA was created by Way2Bit, a South Korean blockchain-focused platform established in 2017. Way2Bit’s CEO, Song Gyehan, holds bachelor’s and master’s degrees in Computer Science. He has worked for several tech companies, including as a lead in systems development and developer for gaming platform services. The team at Way2Bit includes top IT professionals with specializations in platform development, game development, service development and infrastructure operation and design.
BORA’s current CEO, as of November 2019, is Ji-Hoon Cha. Cha has vast experience in the business, technology and computing fields, gained in South Korean and international capacities.
How do I exchange and trade BORA?
It is more difficult to obtain some cryptocurrencies than others, and BORA is one of those digital currencies that are fairly hard to get. Fortunately, Rubix has BORA available to trade, with the added peace of mind of safe, private, secure and fast transactions. Trading BORA through Rubix is easy, with a simple-to-use interface and advanced technology. You can trade BORA the same way as any other cryptocurrency and enjoy low fees when you exchange BORA for traditional fiat currencies. Access your BORA coins and other crypto assets easily at any time through a web browser or smart device.
Exchange BORA using Rubix
If you do not already have a Rubix account, the first step is to set one up. Signing up for a Rubix account takes just a couple of minutes, and then you can log in using the smartphone app or web browser and add funds from other digital wallets, a bank account or using a credit or debit card. Once you have BORA coins in your account, you can place easy orders to buy, trade, or exchange tokens.
The built-in trading tools make exchanging BORA easy, with the actual trading deals completed in the backend. You, as the user, enjoy the simplicity of trading right in your Rubix dashboard, with quick transactions executed in mere seconds.