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High feesDue to excessive intermediaries, traditional banks impose high fees on cross-banking and international wire transfers.
Long-awaited transfersBank transfers are based on several centralized nodes that often leads to slow transactions processing.
Territorial LimitationsTraditional banks are fenced by country boundaries.
Currency BarriersBanks work only with classical currencies and do not allow to store and pay in crypto.
Low FeesBlockchain platform allows to get rid of intermediaries and minimize transfer fees.
Instant TransfersThe decentralized platform can process more than 100,000 transactions per second and perform operations with a speed of 0.01 seconds.
No Territorial LimitsСryptocurrencies do not depend on county boundaries.
No Currency LimitationsMyCryptoBank is friendly to all fiat and cryptocurrencies. It is possible to store, to pay in cryptocurrencies, to conduct transfers and to take loans.
Online BankingAll MyCryptoBank services are always in your pocket and 24/7 available in both - your mobile app and laptop.Money TransferMyCryptoBank provides an opportunity to send money around the world with the speed of sending a mail. All cryptocurrency payments are with minimal fees, instant and can be conducted in any classical or cryptocurrency - requiring only an internet connection.ExchangeSince now any user can easily exchange funds using online banking. Change USD to BTC in the same ease as for fiat conversion.Loans and P2P LoansMyCryptoBank customers have an opportunity to take loans in fiat money on deposit of their crypto currency. There is also the possibility to get a loan from other customers using a P2P loan system.ATM infrastructureTo provide the possibility for customers to input and withdraw money, MyCryptoBank has started to build its own ATM network (more than 1000 crypto ATM are planned to be installed) and will also attract ATMs of third-party banks.Debit CardsDebit Cryptocards give users full flexibility managing all cryptocurrencies and fiat money. As cryptocurrencies do not depend on country borders, debit cards are perfect for conducting payments while traveling. A debit card is also suitable for paying online or in stores.Crypto AcquiringMyCryptoBank crypto acquiring services support all kind of settlements between parties and allows merchants to accept payments in both - fiat and crypto worldwide.Virtual CardsTo conduct transactions in cryptocurrencies there will be virtual cards: Visa, Mastercard and UnionPay. Furthermore, there will be mobile services such as Apple Pay, Samsung Pay and Android Pay. It will let you pay via common POS-terminals supporting PayPass, payWave, QuickPass, websites and also allows to withdraw or input cash in ATMs.Forex TradingMyCryptoBank clients will get direct access to the interbank Forex market, where they will be able to carry out transactions, bypassing intermediaries, by using high-tech methods of processing orders and putting them on the market. In addition to traditional instruments for trading (such as currencies, indices, futures, metals, oil), clients will be able to trade in cryptocurrencies.Consulting ServicesMyCryptoBank provides a full range of consulting services including Legal and taxation matters as well as crypto consulting.DepositsMyCryptoBank gives you the ability to deposit funds and receive interest not only in fiat but also in most known crypto currencies.
16 July 2018
10 September 2018
$10 600 000
$2 800 000
$103 227 512
$95 875 334
$13 300 000
$118 389 253
$25 831 590
$212 735 371
MY CRYPTO BANK is an online bank allowing any client registered in the electronic bank system to make a full range of bank operations and additional operations with cryptocurrencies based on blockchain technology without a visit of the department.
The platform through an extensive involvement of the blockchain technology improves the banking sectors as it enables the users to conveniently and securely make transactions and exchanges at a minimal cost. I would highly invest in this project.