Statements

June 15th, 2019


The Board of BIT (Best Innovation Technology) - entity that owns the technology and assets of BestKoin - hereby announces that the delay in entering into Exchange is due to last minute integrations that the chosen entity (Umbrella Xchange) felt needed to improve their technical performance.
BestKoin chose this Exchange, due to a business agreement that benefited the interests of the company and our customers, by the strong commitment that this Exchange proposed to commit to BestKoin as well as to develop it, based on its use.
The information that has been passed to us today by the Umbrella Xchange's management is that 100% opening must occur by the maximum date of June 30, 2019.
The two entities have no ties other than the commercial and for as long as it is in the interest of both parties.
Although we continue to believe in the chosen Exchange, we have already begun the process to open our own Exchange within the European Community space. The scheduled date will be October 1, 2019.
We have also closed large partnerships (www.vgs.com and www.startpay.com.br) that have allowed us to have the unique tools in the market to start using BestKoin, with wide advantages for our customers and establishments. Examples: Physical or On-line stores, travel agencies, Festivals, Theme Parks, among many others.
We believe that by July 15th we will be present in several entities worldwide.

The BestKoin Team

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