Get to know Bitkub NEXT

Modified on Wed, 4 Sep at 6:33 PM

What is Bitkub NEXT?

Bitkub NEXT is a digital assets wallet developed by Bitkub Blockchain Technology Co., Ltd. (BBT). It can be used for digital asset transactions and storage, including cryptocurrency or non-fungible tokens (NFTs). In the future, you can also connect the wallet to decentralized applications (Dapps), such as NFTs Marketplace, DeFi, etc., on Bitkub Chain.

You can now use Bitkub NEXT to scan a QR code and collect Fans Tokens including NFTs available on Bitkub Chain. You can also deposit Bitkub Coin (KUB) from Bitkub Exchange to Bitkub NEXT. However, withdrawal from Bitkub NEXT to any exchange is currently not available. Our development team is working on this matter along with developing the function that will allow users to store cryptocurrency or digital assets from Bitkub Exchange.

Prominent Features

Bitkub NEXT operates on Bitkub Chain, a true decentralized and transparent blockchain for all. Unlike a typical E-Wallet where financial institutions still have full control over their users' funds, everyone can examine and verify all the transactions occurred on the Bitkub Chain. You can check the transactions on Bitkub NEXT by logging in to your Bitkub NEXT account. For the transactions on the Bitkub Chain network, please visit https://bkcscan.net.

Bitkub NEXT offers a Lite Wallet option at the moment. This option is convenient and easy to use for new users. Users do not need to keep their Private Key when using a Lite Wallet. In the future, Bitkub NEXT will launch Pro Wallet (a multi-wallet system) where users can create multiple wallets and enable Advanced Wallet. For this advanced option, users can keep their Seed Phrase and Private Key. However, Bitkub NEXT has no policy to support the transaction fees in Pro Wallet. In case of any change, the BBT team may consider announcing it further.

Benefits of Bitkub NEXT

Normal account users (Lite Account) can make the transactions including transferring Fans Token between Bitkub NEXT accounts without any transaction fee (0 gas fee). However, the company reserves the right to make changes without prior notice. Bitkub NEXT will allow users to open an advanced account in the future.

Bitkub NEXT Registration

You can access Bitkub NEXT via app.bitkubnext.com or download the Bitkub NEXT application via Google Play Store (for Android users) and App Store (for iOS users).

We are also developing the web browser extension of Bitkub NEXT, which will be more convenient for users to use this service.

Once you enter app.bitkubnext.com, you can register your Bitkub NEXT account using only your email or Thai telephone number and verify by using an OTP. Foreign phone numbers are not yet supported by Bitkub NEXT until further notice. Users will not be asked to do other identity verification (KYC) and there is no age restriction for Bitkub NEXT users.

Bitkub NEXT Limitations

Currently, there are some limitations when using the wallet. However, the team of developers is working hard to improve these usage limitations so that everyone gets the most out of its features. Please read the following details before using the wallet.

Transaction limitation between Bitkub NEXT wallets
- You can transfer KUB between Bitkub NEXT accounts and wallet addresses.
- However, for other tokens, you can only transfer them using the phone numbers bound to Bitkub NEXT accounts. Transferring by using wallet addresses is not yet supported.
Transaction limitation between Bitkub Exchange and Bitkub NEXT
- You can transfer tokens from Bitkub NEXT to Bitkub Exchange, Metamask, or other wallets, but only via Bitkub Chain.
- Currently, you can deposit only KUB to a Bitkub NEXT wallet from Bitkub Exchange or transfer tokens between wallets on Bitkub NEXT. However, we aim to improve the deposit ability to support more tokens and channels in the future.

Transaction limitation on Bitkub Chain
- Bitkub NEXT does not support transactions on any blockchain except Bitkub Chain.
- However, it is a goal of the BBT team to make Bitkub NEXT available for other blockchains and dApps in the future.
- Now, you can only store Bitkub Chain-supported NFTs in Bitkub NEXT. Moving forward, you can store various NFTs from Bitkub NFT Marketplace and send NFTs across different platforms.

For any inquiries or issues, please contact the BBT team at bitkubchain@bitkub.com.