Introduction
Trivializing the impact of the financial banking institutions in our present generation is disastrous and so we must not overlook its importance as well as its shortcoming so as to improve on it when necessary and commend its significance. When money is being discussed, it should be understood that everyone is concerned since money is not spent or used by a few population but all. This makes this project i am about laying emphasis upon special and one which everyone must be a part of. Overtime, our interactions with finance and other related activities has gained new upgrades and changes, especially with the advent of tech and now it is important to take it a step further by involving the world of digitization since it is taking more lead and preeminence in this era of existence. This project is simply introducing it self as a bank that is built on the digital zone and not on with walls or brick like we have the traditional ones. The concept and mode of operations is far different and unique although it follows the pattern of the existing structure to ensure its still in line with what the users require. Ergo, I hereby introduce you my esteemed readers to the world of Bitex.
ABOUT THIS EXCEPTIONAL BITEX PLATFORM.
Bitex plans to run the economy of banks on the digital network even as it brings the advanced ledger domain into its strategy and by doing so it hopes to birth a new reality and experience to the users. We can view bitex in this perspective of a local banking community with a reach that covers all the global circle without any restrictions it can scale through. This setup is well calculated and made to thrive upon the provision of the blockbuster infrastructure.
Having observed that the existing traditional financial structures are default of perfection in the way they render services to customers because if problem was not seen in the existence old structure, there wouldn't have been a need for Bitex but since there is, Bitex's propositions is to make features of the crumbling banks modified in Bitex and localizing it in the crypto community to provide its benefit to the users in all efficiencies.
THE INTERESTING BENEFITS FOR USERS.
However, consumers are lavished with benefits as it operates in diverse ways one of which happens to be the provision of an absolutely protected and safe wallet to keep assets and also perform simple transfer operations and other ones like trading in a more efficient way. Protecting the wallet will be up to the users as they will be the ones to use unique passwords or keys which will be known to them alone as a means of securing their funds.
It holds the responsibility of security in high esteem by even going further to plan for the future sustenance of this feature with the adoption of the PCI tools alongside with some source code development that will be encrypted.
The setup will be leveraging on the widely use of the mobile phones since it is a device that is used by a larger percentage of the world's population. This will make its mobile wallet usable and this used by a great population of users around the globe. They will be able to perform simple transactions in the fastest way easily from their mobiles and this will be preferred to the cumbersomeness of the banks that offer same services.
Ones wallet will be controlled by owners only with the privilege to share funds at will or use for any transaction. All the assets owned will be contained and no longer up to the Centralized Platforms to decide what happens to the assets or how much should be spent on a deal. Users can fully boost of ownership in this system even as security is prioritized in it.
Just like the same way cards is used in the traditional systems in withdrawing and performing other transactions, this project provides a special kind of debit card (BitexPay cards). This cards are already validated for effective use by the issuer and this action is sponsored by a processing network called EZBitex.
Apart from the consumers, merchant who find it hard to use the traditional banks due to the difficulties of saving and wielding their funds. Bitex will make their mobiles their new bank and from their they can perfect many deals and monitor the safety of their resources. More so, instead of using other payment portals the merchants can decide to use Bitex Pay as their permanent payment medium which will enhance the operation during any online shopping.
Token Information
Symbol: XBX
Token name: Bitex Coin
Total supply: 300,000,000 XBX
Soft cap: 1,000,000 XBX
Hard cap: None
Pre-ICO Token price: 0.5$ = 1 XBX
Cost of 1 token XBX: $0.7 to $1.0 at completion of token sale
CONCLUSION
This global network will therefore raise funds through its ICO and the generated funds will be distributed according to its token allocation description and the XBX token will be used expressly in transactions in the ecosystem while also qualifying its holders for certain holding rewards.
For more insight click the links below;
Website: https://ico.bitex.global/
Whitepaper: https://ico.bitex.global/docs/XBX-Token-WhitePaper.pdf
Twitter: https://twitter.com/bitex_global
Telegram: https://t.me/joinchat/IV2i4Q6llH7ttm5n9hqT5g
Facebook: https://www.facebook.com/bitex.global/
AUTHORS DETAILS
BTT Username: oly4life
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=1577997