[PRESS RELEASE – New York, USA/NY, October 24th, 2024]

The roadmap features L2 payments, trading, and DeFi, with a UX that adopts Satoshis (SATs), Bitcoin’s more intuitive smallest denomination.

Base8, a Bitcoin Layer 3 platform for mobile, is proud to announce its official launch, bringing a seamless, easy-to-use solution to the world of cryptocurrency. Built for new and experienced users, Base8 will integrate Bitcoin Layer 2 (L2) solutions like the Lightning Network for fast payments, Babylon for Bitcoin staking, and Stacks for Bitcoin DeFi. Additionally, the app is one of the first to support SATs (Satoshis), and already offers trading in 35+ other liquid tokens, making Bitcoin utility and crypto investing more accessible to everyday users.

A Bitcoin Neobank for the Digital Economy

Base8’s vision extends beyond simple crypto investment. The platform is evolving into a universal digital banking solution for Bitcoin that merges centralized investing with decentralized finance (DeFi) and utility. With its focus on SATs and commitment to supporting native Bitcoin L2s, Base8 offers users a simple and secure way to invest, manage, and use crypto assets, with all the advantages of Bitcoin’s decentralized settlement layer, aka the blockchain.

“Bitcoin is meant to be so much more than just an asset to buy and hold, yet that’s how the majority of the two hundred million people use it,” said Alex Shapiro, Co-Founder and CEO of Base8. “We’re building Base8 to deliver on Bitcoin’s full potential by making the user experience simple while handling the complex decentralized integrations under the hood.”

Simplifying Bitcoin with SATs

Base8 features SATs (Satoshis), the smallest denomination of Bitcoin, to help users trade, invest, and manage their assets without the confusion of decimals. The app’s intuitive design, combined with institutional-grade security and custody, makes it one of the most secure and practical platforms for retail investors. Users can fund their accounts with ACH, SEPA, debit/credit cards, and crypto deposits, allowing them to instantly participate in the crypto economy.

Crowdfunding Campaign on Republic

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