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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

CreditBit Team Successfully Completes Ethereum Migration

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Last Updated: September 30, 2019 11:53 am
2 mins read
NewsBTC Creditbit

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Over the past few weeks, there has been a lot of positive news for the CreditBit project. It appears that positive momentum will continue for quite some time to come. The CRBIT price is still on the rise, and the on-site migration has been completed as well. The developers remain on hand to help out anyone who may be experiencing migration issues as well.

CreditBit Continues its Hot Streak

There have been a few users experiencing issues with the CreditBit migration plans so far. With several exchanges having to accommodate the transition to the Ethereum blockchain, it was to be expected some minor problems would arise. Thankfully, the developers have helped out several individuals who had issues with their funds. Most of the issues revolve around coins being stuck on Litecoin and Yobit, although it was relatively easy to address these problems in the end.

All of this goes to show the CreditBit developers are passionate about the project. Taking the time to help out community members is not something one often sees in cryptocurrency. Moreover, they ensure no one is left out during the migration process either. Anyone who experiences issues moving coins can still get in touch with the team as outlined in the Bitcointalk thread.

As a result of this successful migration, the CreditBit price successfully maintained its value above US$1. As of today, one CRBIT is worth US$1.37, a small decrease value compared to 24 hours ago. There is still very strong buy support on Livecoin and DABTC to keep this price momentum going, though. CRBIT reached a value fo US$1.5 earlier this week. The community hopes to reach that price point again in the not-so-distant future.

The price increase has also introduced a bit more buy support for CRBIT on the Livecoin exchange. A few weeks ago, five to ten bitcoin in buy support would be stellar. Fast forward to today and the buy support often sits around the 50-60 BTC mark. This seems to indicate there is a much larger demand to buy CreditBit tokens than ever before. It is possible investors are taking notice of the price increase. Additionally, the wave of recent development updates will also play a big role in attracting new investors.

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