Oobit is the easy way to pay with crypto at any store, and worldwide. It’s the app where crypto holders can send money abroad or just walk into any store Tap & Pay anywhere Visa and Mastercard are accepted, just like using Apple Pay®.
Tap & Pay – Oobit offers a groundbreaking contactless payment solution, allowing payment with crypto using the Oobit app at any one of the 100M+ businesses globally that accept Visa or MasterCard. No integration is needed on the business side, no market education, the user pays with crypto and the merchant receives fiat money.
P2P payments – Oobit allows its users to send crypto locally or abroad, just by having their phone number as the coordinates for the destination wallet. This cross-border remittance service is highly disruptive as it is instant and it is offered to users free of charge.
Oobit Layer 2 - Oobit is developing a set of tools to make its Tap & Pay product into THE gateway for Web3 spending, by allowing external third party crypto wallets to easily connect with the Oobit app. Allowing users to have their funds in self custody, while making it available for spending anywhere Visa and Mastercard are accepted, with the very same effortless and contactless experience.
The only product that solves the full cycle of customer pain.
## Who Are the Founders of Oobit?
Moshe, Oobit's Chairman guides the Board of Directors and collaborates with the CEO on strategic initiatives such as growth planning, acquisitions, and investments. A seasoned private equity and venture capital investor, he is a founding partner of Shefa Capital and serves on the boards of several public and private companies, like Cross River Bank, SolarEdge, Innoviz, and more.
Amram, Oobit's Co-founder, leverages his experience from the Israeli Navy Seals to drive the company's business strategy and maintain a culture of innovation. Passionate about the web3 payments revolution, he has been active in the cryptocurrency sector since 2016, focusing on the development of borderless and limitless payments.
Aharon Miller, Oobit’s Co-founder and COO is a blockchain evangelist, financial technology entrepreneur, and early crypto adopter. With a background in the tech division, in the past he founded a groundbreaking company specializing in ESP technologies as a service. Aharon's passion for blockchain and crypto in 2015 led him to establish his first blockchain company in 2017. Currently serving as the Co-Founder & COO of Oobit, a blockchain and cryptocurrency payment app, Aharon is dedicated to simplifying daily crypto usage for individuals.
Phillip Lord, Oobit's President and a highly experienced professional with over 25 years of expertise in business development, fundraising, and strategic leadership. He is also a co-founder of Pimlico Partners, a distinguished boutique advisory firm located in Dubai. Phillip brings a wealth of knowledge in dealing with entrepreneurs, funding capital and managing investor relationships. He possesses extensive proficiency in crypto markets, encompassing coin/token issuance and both centralized and decentralized exchanges. Additionally, Phillip has advised numerous web3 companies in navigating both bull and bear markets. His exceptional leadership and sound judgment have consistently yielded successful outcomes for the companies he collaborates with.
Eric Song, Oobit's CFO is an experienced equities and futures trader with over 20 years of experience. After starting his career in proprietary trading firms and global macro strategies, he confidently progressed to manage a substantial portfolio in a billion-dollar hedge fund with a global macro strategy, Asia Genesis Asset Management.
## What Makes OBT Unique?
Utility for a new generation of payments.
OBT is the engine which powers Oobit, offering a set of features designed to make payment easier and more valuable for all, whether you're new to cryptocurrencies or an experienced investor.
OBT Portfolio Builder: Diversify Your Crypto Holdings
The OBT portfolio builder enables users who hold the requisite amount to join the program and earn a diverse rewards portfolio of cryptocurrencies. These rewards are acquired whenever other users utilize Oobit's Tap & Pay feature for purchases, and they are distributed in the native currencies (BTC, ETH, USDT etc.) of the transactions conducted within the app.
Reduced Transaction Fees: Save on Each Tap
OBT token holders enjoy significantly lower transaction fees when using the app for payments.
OBT Cashbacks
With Oobit's Tap & Pay solution, users can earn XXX OBT for each transaction valued over 1 USD made through the Oobit app. For example, for every 200 USD spent on the app, you will receive 1 OBT.
## How Is the Oobit Network Secured?
The OBT token contract is deployed on Ethereum Mainnet ERC-20.
The Oobit app also functions as a secure MPC and Cold wallet backed by Fireblocks.
How to Buy BOT on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing BOT. Some reputable platforms include MEXC、KuCoin、BingX, and others.
Step 2: Register an Account
Here, we'll register an account on the KuCoin(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing BOT.
Step 5: Purchase BOT
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of BOT you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy BOT.
Step 6: Store Your BOT
After purchasing, you can choose to store your BOT in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and BOT assets, be sure to use a strong password and enable two-factor authentication.
BOT Price:Oobit provides a convenient way to use cryptocurrency for payments both in-store and globally. Within the app, cryptocurrency holders can walk into any store and use the Oobit app to Tap & Pay at existing Visa and Mastercard POS terminals, similar to using Apple Pay®.The price fluctuates daily, you can go to the exchange: KuCoin to check the price.
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