In this video, the presenter announces that the Freedom Exchange will launch a fiat gateway through Netcoins, allowing users to buy STEEM directly with USD, EUR, or CAD via ACH transfers. This enables BitcoinMYK (BTCMYK) to be purchased with fiat by first acquiring STEEM, which is the primary trading pair on the exchange. The speaker explains the STEEM blockchain’s significance, its ecosystem, and why BTCMYK functions similarly to an ERC‑20 token on STEEM. He highlights the upcoming Freedom Exchange debit card that will let BTCMYK holders spend their tokens at any vendor, and stresses the exchange’s transparency, regulation, staking rewards, and referral program as advantages over larger exchanges like Binance. A promotional link is provided that gives new users 10 free BTCMYK tokens upon sign‑up. The video concludes with a call to action to like, subscribe, and use the referral link.
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Hey you, welcome back to the channel. And guys, exciting news, Bitcoin MYK, you will now be able to get access to it with your fiat currency, with your bank accounts. Uh, this information comes from, uh, an article done by Taskmaster, uh, 4450. Um, and if we get down here, we can get into the article. It says according to The announcement of the Freedom Exchange on April 30th is the date when they will have a fiat gateway through the Netcoins platform. People will be able to buy STEEM with an ACH transfer. Individuals will be able to use the United States dollar, the euro, and the Canadian dollar. This is a huge step forward. Being able to go directly from fiat to STEEM opens up new pathways for people to onboard. At present, Steam is acquired by going through another token such as Bitcoin or Litecoin. They announced that on May 8th, this, uh, there will be an update to their interface along with backend features. One change is going to allow people to log in with their Steam account. So let's stop right there. This is huge, guys. This means that BitcoinMYK will be able to be purchased with your US dollars, whatever kind of dollars you have. To put all this into perspective and help you understand, um, the Steem blockchain is this huge ecosystem. It was developed by Dan Larimer, and most people in cryptocurrency are familiar with the Steem blockchain. If you're not, I don't believe you could be truly knowledgeable about cryptocurrency without knowing about the Steemit blockchain. And it's very successful applications such as Steemit.com, which is a social media website similar to what you might get with, you know, like the Facebooks and a variety of things, but you actually get paid for all of this. Now, when I first came into cryptocurrency, very excited about the Steemit blockchain, we felt that it would replace Facebook, be more valuable than Bitcoin due to its easy user interface and the demand driving people in it to earn for their social media. And we, and this decentralization and all those very great things. Now it didn't quite achieve all of those things, but it is without a doubt the most successful social media network over the blockchain bar none. Its market cap is very big and it's a very valuable cryptocurrency with a great deal of volume. So what happened was Steem, much like Ethereum has their ERC-20 token, developed their own version of a Steem token. So whereas BitcoinNYK more so functions like how an ERC-20 token would function on Ethereum, However, there are many more advantages to being a part of Steam, how the money is moved, the value of the content, and the relation of things. So in short, an awesome platform. BitcoinNYK trades against Steam on this exchange. There are a variety of other pairings, Bitcoin and a variety of things, but through the fiat gateway, once you are able to go in with your fiat and get that STEEM, there is a Bitcoin MYK to STEEM pairing. And so that puts you there. And while this sounds great, I noticed a little something else about what's going on with the Freedom Exchange. While this is nice, here's what really caught some of our attention: the Freedom Exchange debit card. While we have our partner contract ready to go for this development, we are choosing not to announce a date for this. We prefer to under-promise and over-deliver than announce dates that might have to be pushed back, which would let people down. Makes sense to me. Do know that after the update listed above, we will soon be integrating a mechanism for our users to apply for a debit card that will allow the spending of Steam at any vendor that accepts a debit card. So what that means, if you're a BitcoinNYK holder, you're gonna, uh, at some point in the future here, have access to your BitcoinNYK, uh, a debit card where you can move that BitcoinNYK directly to that debit card through the Steam pairing, and have that convenient access to all of those things. Now here's the funny thing, uh, got a, a, a, a, a, a few weird comments, um, with BitcoinNYK with some exchanges we've joined. Had, uh, some person go, hey, why does BitcoinNYK keep joining these obscure exchanges and a variety of things? First of all, this is not an obscure exchange. Let me run down some details about this exchange. So Number 1, it's integrated into Steemit. Now, what you under— a Steemit to Steem blockchain. What you have to understand about this is Steem is one of the most transparent blockchains there is, right? Our wallets are transparent. There's a great deal of transparency. This exchange is a regulated exchange. It does everything correct, which is a lot better than maybe some of the unregulated exchanges you all trade on. The next thing is, you know, we get a lot, why doesn't BitcoinNYK just list on Binance and be this great coin. Okay, well, first of all, I don't know if I agree with all of the, let's say, the path that Binance does necessarily, right? Some people do, some people don't. I'm not saying anything bad about Binance, but what I am saying is that there are certain things that maybe I don't like about Binance, uh, you know, how they get things done. Uh, and there's been many people who've said certain things about it. Some people say they charge too much, it's just this and that and the other, uh, and a variety of things. But Freedom Exchange is showing us you can get a great service exchange without all of these ridiculous things I've heard with some of the exchanges you all have recommended that we should be listed on. Now I know a lot of people like a lot of volume, they want to see a lot of volume But you have to understand the mechanics of the Steem blockchain. There's a lot of money, there's a lot of value moving around that comparable to many of the— what we're going to get in, in many of these exchanges without a lot of those setbacks I think we would experience. As many of us know with the problems, uh, that a lot of cryptocurrencies have in dealing with some of these centralized exchanges, I would recommend that you look at DigiByte and look at their history with some of these exchanges, and you'll understand why, uh, we feel the way we feel. But we're very excited about this exchange. Also, as the article brought out, that the development on this exchange that's going to happen over the next several days is going to be very much on par, if not beyond, with, uh, much beyond some of these centralized exchanges you all are thinking of. Uh, in addition to that, it has staking rewards. You can stake on this exchange. It has a referral program. So some of elements are similar to Binance, right? But I think it's much better. I think we're on a much better exchange because we have this connection to the Steem blockchain community and its tremendous value and its easy way to adopt new people into the space, making it more easy for mass adoption as BitcoinNYK project is geared toward mass adoption. So guys, a great deal to be excited about. We're gonna leave a link in the description about how you can get a free 10 Bitcoin MYK tokens when you sign up on the Freedom Exchange, because you can move your cryptocurrencies from the exchange free to the Freedom Exchange. And when you sign up, they use the Freedom token, That's how the fees are paid. But when you sign up through our link with them, you're going to get 10 free BitcoinMYK tokens. So we're very excited about this. These are some great development, guys, for the BitcoinMYK project. It has kind of pushed us ahead of our scheduling, which is kind of good. I wasn't thinking that we would potentially be able to have this fast, have a direct fiat access available, and possibly coming up soon, an easy way to have debit card alongside that. So this is all awesome news. Uh, uh, the Freedom Exchange, um, it works with a lot of other big companies and groups, uh, and people, and they're working on some big partnerships with some other people that you're going to hear about here soon in the future that I've been kind of privy to. But I, I, much like they say in the article, uh, we don't want to deliver all of the news just yet, but very excited about that, guys. If you've been kind of dragging on with BitcoinMYK, I think time may be running out for you before you get that opportunity like a lot of these early cryptocurrencies that took off. So if you're dragging feet, uh, you might just miss that boat. You have the opportunity now. Don't be the woulda, shoulda, coulda. But that's all I got to say in this video, guys. If you like content like this, don't forget to like, subscribe. Don't forget to Uh, when you sign up for the Freedom Exchange, um, uh, use our link, uh, that way you get your extra free 10 BitcoinNYK tokens, uh, as well, since you're going to want to sign up anyway over there because that's where a lot of this action is going to be as well. But that's it for this video, guys. If you like content like this, don't forget to like, subscribe, and until next time, take care.
