MyCryptoBank

Today we will talk about banks and about problems with cryptocurrency transactions.
The popularity of crypto currencies has been growing exponentially lately. People began to learn about them massively the last two years. Of these, only a third began to work with cryptocurrencies, and mainly for profit. People working with cryptocurrencies face a lot of problems related to banks and exchangers. What are these problems and what are they related to?
1 - administrative problem. Many banks block transactions that involve the purchase and sale of crypto currency. The reason is the laws and regulations of the country in which the bank is located.
2 - high commission. Banks charge a high commission for international and interbank transactions. The reason for this is the intermediaries.
3 - duration of transactions. Bank transfers are based on several centralized nodes, which often leads to slower transaction processing.
4 - territorial restrictions. Traditional banks operate within the boundaries of a particular state.
5 - almost all banks work only with fiat money. They do not perform transactions in the crypto currency.
The solution to these problems is the creation of a decentralized crypto bank. This is the responsibility of the MyCryptoBank (https://mycryptobank.io) team. The goal of the team is to create a crypto bank loyal to the crypto community and services related to crypto currency and Blockchain technology. What advantages does MyCryptoBank offer:
1 - no administrative barriers.
2 - low commission fees. Blockchain technology will get rid of intermediaries. Currency conversion will occur within the bank.
3 - no territorial restrictions.
4- MyCryptoBank supports any fiat and crypto currency. You can store, pay in crypto-currencies, make transfers and take loans.
MyCryptoBank is able to provide any services that are inherent in any traditional banks:
1 - online banking. All the services of the bank are always in your pocket around the clock through your mobile application and computer.
2 - Currency converter. You can easily exchange any currency online.
3 - instant money transfers. MyCryptoBank enables you to send money anywhere in the world, regardless of your location with a minimum commission.
4 - ATM network. MyCryptoBank plans to develop a network of ATMs around the world, as well as conclude agreements with third-party banks on the use of their ATMs.
5 - Crypto-Acquiring. MyCryptoBank allows you to accept any currency as a payment by the seller.
6 - virtual card. To conduct transactions in crypto-currencies, virtual cards Visa, Mastercard and UnionPay will be created. In addition, there will be available mobile services, such as ApplePay, SamsungPay and AndroidPay. This will allow you to pay through general POS-terminals that support PayPass, payWave, QuickPass, websites, and also allows you to withdraw or deposit cash at ATMs.
7 - loans. Customers will be able to take loans exactly as they did in conventional banks.
8 - debit card. Customers of the bank can order a debit card with crypto currency support.
9 - Forex trading. MyCryptoBank (https://mycryptobank.io) gives access to the interbank market from the Forex market. Users will be able to conduct trade transactions bypassing intermediaries. In addition to futures trading transactions on crypto-currencies will be available.
10 - the deposit. Customers can store their savings and get interest for them.
11 - customer support. Now I'll tell you about the unique payment media that MyCriptoBank has created.

Payment ring.

An analogue of a normal debit card, integrated into the payment system of the bank and having all the functions of a bank card. To make a payment, you need to bring the ring to the payment terminal, and the required amount will be written off. You can also pay online: the ring has its own number (similar to the bank card number), validity period and CVV code. Rings are durable and waterproof.

Multi-digit card.

It is a full-fledged replacement for a normal bank card. It simultaneously acts as a debit, credit, discount and any other card. To her you can tie any gift card and even a card to the fitness club. It will be able to connect to any card that has its own built-in chip. With this card you can withdraw cash from any bank card.

Mobile Banking.

MyCryptoBank is developing its own mobile banking application. By analogy with traditional banks, it will be connected to non-contact payment systems ApplePay, SamsungPay and AndroidPay. This application will provide access to all the functions of the bank: payments, money transfers, access to Forex, currency exchange and others. Through the application, you will have access to your bank cards.

In the network MyCryptoBank (https://mycryptobank.io) will be launched the internal cryptocurrency MCB. This is a fast-growing currency, which will allow:

Conducting instant transactions, payments around the world.
This coin will be traded on all crypto-exchanges.
Provides access to any opportunities of the bank.
Now the project team conducts pre-ICO, during which you can invest in developing ideas by purchasing MCB tokens at a very low price. Depending on the number of tokens purchased, each user will be assigned their status: standard, silver, gold and others. Each status gives its bonuses: discounts, cashback, access to loans and more. Let's sum up. MyCryptoBank team is developing and promoting a great idea. Cryptobank allows you to easily carry out transactions to any country, make purchases and other manipulations using cryptocurrency. This can be done regardless of your location and with a minimum commission.
Below I attach links to the company's official website and whitepaper:
Website: https://mycryptobank.io
Whitepaper: https://mycryptobank.io/docs/MyCryptoBank-white-paper.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=4662733.0

Author: cmaldeniya
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2263061