BCO is the native token of the CryptoBridge platform, a decentralized exchange. Users can stake their tokens within their wallets to assist in processing transactions for the network. By doing so these users will be rewarded with additional tokens.
However, unlike a traditional proof of stake set up, these holders will be rewarded with a percentage of the trading fees, this means that as the platform grows in popularity that the payout will rise as well.
While this platform was only launched in July of 2017, they've quickly begun acquiring a fan base due to the way the project is run. Everything is decentralized, there are no verification procedures, and there is no way for the exchange to ever freeze your account or take your funds.
These features have driven traders away from more centralized options like Bittrex, and the ability to earn tokens for your BridgeCoin investment is the icing on the cake.
There's only one place that investors can buy BridgeCoin, and that's because this token is actually a tokenized version of the CryptoBridge exchange. So, it makes sense that this is where you'd need to buy it. The largest trading pair here is for Bitcoin of course. While there are a few other pairs available, the trading volume is quite small. There is a little wiggle room though for BTS, and MONA surprisingly. The best place to keep your BCO is in your desktop wallet, which is part of the CryptoBridge trading application. This is a little different than keeping them on a normal exchange because this one functions just like a normal wallet with a private key. The reason you'll want to keep them here is to earn staking income.