BITEX: A Decentralized Cryptocurrency Banking System

OVERVIEW OF BITEX PROJECT

The innovation of blockchain technology is really bringing a positive impacts on every sectors including the financial sectors. The cryptocurrency is a digital currency replacing the traditional physical money, at the same time changing the way we handle money. The introduction of blockchain and cryptocurrency helps us handle and do transaction even from our home, rather than going to the banks to do our transaction. The Blockchain is able to decentralize a system, remove the power of third party, very fast and transparent and very secured.
Due to the features and benefits of blockchain, BITEX has taken the advantage to build a decentralized banking system where people could be able to send, receive and do any kind of transactions with a ease.

INTRODUCING BITEX

BITEX is a decentralized banking system for cryptocurrency; it is a payment service system where people could able to transfer and receive their crypto assets. This kind of BITEX project will brings out the effectiveness and usage of blockchain in order to enhance the adoptable of cryptocurrency as the future currency.

WHY BITEX?

The bank has been the only payment systems we have across the globe; meanwhile the bank is not available in some area. I could remember a town I live years back; I have to travel more than 20 kilometers before I could get access to the available bank. The banks and some financial institute has challenges of security, delay in transactions and irrelevant deduction of charges by the third parties from clients transactions. All these challenges affects a business especially delaying in transactions time and other difficulties.

So since the innovation of cryptocurrency, many project has prove the reasons why we must adopt it, but BITEX just kill the game.

THE SOLUTIONS AND REVOLUTION BY BITEX

BITEX is creating a decentralized payment systems where people will transfer any amount of money to another person. Being a blockchain based project, transfer will be done in mini seconds, and issue of delay in transactions will be things of past. The banks do limit the sum of money we can transfer a day, but BITEX is cutting off that policy by building a decentralized banking system that makes users to be the autonomy of their account and will be able to transfer any amount of money of their choice. Again, the issue of high charges levied on transactions will be reduce by the BITEX's platform smart contracts and lastly, the system will be fully secure as no hackers will be able to access another user's account unlike the centralized banking system.

IN ADDITION,

BITEX, as a decentralized bank, they have a debit cards which users will use to withdrawals fiats and use it for other financial transactions.

BITEX COIN

The BITEX has introduced their utility coin for their platform termed XBX, an Erc-20 standard. The coin will be use to perform any operations and transactions within the platform.

BITEX TOKEN SALE DETAILS

IN CONCLUSION,

The BITEX platform is a decentralized cryptocurrency banking system that is very reliable to deliver at every points of its need. With BITREX, you can transfer your digital money with ease and even at your comfort zone and it will deliver quick to the other end; your fund and all transactions will be safe; there will be minimal charges deducted from any transaction that take places.
In a nutshell, BITEX is a local decentralized bank for cryptocurrency assets, a platform that will offer an adequate banking services for the users of the platform.