BITEX - BitexPay

Hello friends on this occasion allow me to review on the crypto bank platform which is very interesting to me, therefore I would like to review this platform to you all so you can know this valuable information. For more details let us refer to the following reviews.

Bitex was created to be the first locally embedded crypto bank aimed at providing cryptocurrency-based digital financial services to its users in every region when available globally so that bites will provide licensed technology platforms with cryptocurrency-based digital services.

With the hope of creating this platform can have an impact on society and the benefits of this cryptocurrency-based digital economy can win more efficiently and faster than today's banking.

The blockchain-based crypto banking platform uses blockchain ethereum with smart contracts based on ethhereum finance that can transact with blockcahin-based financial services without intermediaries so that transactions are fast and secure. ecosystems and services available or provided by each. The two main components of the Bitex crypto-banking platform are:

BitexPay, the next generation payment solution for consumers and merchants represents the services offered by Bitex to consumers and merchants for the payment of goods and services using cryptocurrency.

In this virtual bank, savings are stored in an encrypted format on the block chain and share your bank's revenue virtually instead of interest in savings.

It uses cryptocurrency and blockchain to replicate banks with distributed, global and transparent cryptobanking platforms.

The bank will generate revenue through transaction fees or Merchant Discount Rates (MDR) for the payment products as well as premiums from its Pierot-Piers lending business.
This app's peer-to-peer loan facility allows users to promise an Etherium-based token and borrow money from lenders who will be other customers of the bank.
Although cryptocurrency appears to be synonymous with uncertainty, entrepreneurs around the world are using this technology to use innovative technologies, particularly those related to financial services.
Block Chain Technology
Bitex: Bitcoin is based on open source code. This ensures complete security and transparency of all transactions provided by block-chain technology and encrypted calls.
complete
To date, Bitex has implemented a simple yet effective integration that allows the Blockchain CryptoBank to interact with a variety of financial services and institutions as well as various decryption exchange platforms and services.

Perfect Transparency
Users can view our reserves at any time. The distribution of funds is always under the strict control of the treasurer and auditor, which completely excludes inaccuracies. Everyone can also audit transactions through BlockExplorer to audit the CryptoBank Blockchain and track the total amount of circulating funds.

What is Bitex?
cryptocurrency The need for accessible financial services to the economy is becoming reality.

BITEX will provide hyper-localized encryption banking services through a global platform to facilitate efficient growth of several continents around Asia. Culture has different bank preferences. Localized strategies enable more focused and calculated decisions.

We take the social nature of the bank by building community partnerships and community presence and combining the benefits and efficiencies of distributed block chains.

Bitex XBX token
BITEX is providing an initial coin for the utility token, XBX.
Regardless of the EZBitex platform, all transactions must pay a fee in the XBX token. BitexPay, Bitex Atm, Bitex debit card, power supply with Bitex card.
XBX tokens use a unique design that not only strengthens the banking infrastructure, but also builds a strong developer environment while compensating for user loyalty.
By developing a mechanism to encourage the adoption of Bitex services, Bitex can provide more local services to its users while increasing its franchise supply.
0.55% of the XBX tokens are burned for transaction costs.
32.75% of the transaction fee collected is used to provide discounts to consumers collecting XBX tokens as their transaction fee
ICO structure
Symbol: XBX
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
1 token cost XBX: $ 0.7 to $ 1.0 at the end of token sales
Token selling period: 60 days that can be automatically completed early to pursue ICO's final goal
Expanded Goal after ICO Start: Impossible
Technical limit of number of tokens: 300,000,000 XBX
Adjustable Emissions: The tokens that remain unsold after the pre-ICO and ICO phases are attributed to the Bitex company account, which is controlled by clever contracts. Smart contracts are programmed to publish to the Bitex community on a monthly basis 1/3% of the total tokens initially held.
How to buy tokens: XBX tokens can be purchased using Bitcoins (BTC), Ether (ETH), or common currencies such as CHF, EUR, USD, GBP, DKK and SGD.









By maintaining an appropriate balance in their Payments Wallet, consumers can also manage, through the EZBitex platform, recurring repeat payments for utilities, subscriptions, etc.

EZBitex, currency exchange and banking infrastructure with decentralized, distributed and lasting ledgers are provided by Bitex, which supports the works of the entire system: Trade, Currency Exchange, Pruning and Loans.


Offer conversion from crypto to crypto, from fiat to crypto and from fiat to fiat all in this one exchange.
Offer payment gateways (provided by established third parties such as Braintree or Stripe) for the purchase of crypto currency using credit cards, debit cards or online banking.
Organize various types of consumer wallets (Payments, Trading, Stakes, Loans) related to consumer accounts and provide the various services described in the previous section.
Provides API to access EZBitex functionality to third parties who want to use EZBitex as their payment platform.
Provide a Bitex-branded ATM in the location where Bitex operates, to allow the use of physical and virtual BitexPay cards and third party card "Powered by Bitex".
Offer inter-business payments for goods and services with invoices and receipts.


XBX token:

All financial transactions on the EZBitex platform will be triggered by an XBX token. The XBX Token is a utility token that enables various stakeholders in the Bitex financial ecosystem to use the services offered. This token, which will have a total of 300,000,000, will be available only during Initial Coin Offering (ICO). No XBX tokens will be issued after ICO. After that, XBX tokens are expected to be registered in various crypto exchanges including EZBitex exchange. Exchange lists like these that will be identified later. Stakeholders can purchase XBX tokens from this exchange or other token holders.

The token that will be used by Bitex crypto-bank is called Bitex Coin, with XBX symbol. This will be in accordance with the standard tokens ERC-223 to allow integration with existing wallets and exchange software. Bitex Coin is a utility token that will be used by participants of the Bitex cryptobanking platform to pay for services provided by Bitex.



Symbol: XBX
Token Name: Bitex Coin
Total supply: 300,000,000 XBX
Soft-cap: 1,000,000 XBX
Hard-cap: None
Pre-price ICO Token: 0,5 $ = 1 XBX
Cost of 1 token XBX: $ 0.7 to $ 1.0 at the end of the token sale
Timed token sales: 60 days with possible early automatic settlement in pursuit of ICO's ultimate goal
Expanded goal after starting ICO: Impossible
Technical limitations of token numbers: 300,000,000 XBX
Adjustable emissions: The remaining tokens are unsold after the pre-ICO and ICO phases will be provided in the Bitex company account controlled by the smart contract. Smart contracts will be programmed to be released monthly to the Bitex community, 1% of total tokens initially held.
Safe way to buy tokens: XBX tokens will be available for purchase using Bitcoin (BTC), Ether (ETH), or the following fiat currencies: CHF, EUR, USD, GBP, DKK, and SGD.


BITEX TEAM

Mr.Harith Motoshiromizu - Chief Executive Officer / Founder of Bitex Global
Mr.Nicolas Louis Laurent Berthoz - Chief Technology Officer (CTO) / Bitex Global
Mr.Junjiro Sato - CIO (head of investment manager) / one of Bitex Global & License Co., co-owner of Japan
Ryan La France - Chief Financial Officer / Bitex Global & License Co., Licensee of the Philippines
Tn. Yusuke Asai - CPO (Main Producer)
Mr.Pansak Kummalue - the only Thai owner
Mr.Suparat Damrongsuttipong - one of the UAE's owners
Mr.Deepak Galani V - owner line up from Hong Kong
Mr.Devendra Kumar Kothari - owner with Indian license
Ms.Paphatsara Supason - The brazilian owner of South Korea

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/

By : Habieredkill
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