MyCryptoBank - Is An Online Bank Allowing Any Purchaser Registered In The Digital Bank System

MCB

MyCryptoBank — is an online bank allowing any purchaser registered in the digital bank system to make a complete variety of financial institution operations, extra operations with cryptocurrency (price processing, debit cards, credit and cheap funding merchandise, use of cryptoassets as credit score safety and many others) based on Blockchain era without visit of department. So, MyCryptoBank offers offerings of purchaser’s far off get admission to to debts, products and financial institution offerings for you to make banking operations.

MyCryptoBank offers its customers a multifunctional platform of banking provider, which represents a hybrid system combining virtual and conventional currencies. The use of virtual currencies makes operations faster and cheaper, even as traditional currencies guarantee almost all-spherical recognition and validity. One account mixture allows clients concurrently the usage of blessings of both kinds of currencies. 

МyCryptoBank Description

MyCryptoBank will constitute a standard financial institution with the entire range of offerings but loyal to cryptocurrency and the cryptocommunity

In different phrases, MyCryptoBank — is an online financial institution permitting any customer appearing a full range of bank operations, delivered by means of operations with cryptocurrencies including: fee processing, debit cards, credit and cheap funding products. It’s also possible to apply cryptoassets as credit score protection. All those offerings could be available for clients without any bank workplace visits.

So, MyCryptoBank affords services of customer’s far off access to debts, products and bank offerings and permits acting all bank operations. MyCryptoBank offers its customers a multifunctional platform of banking carrier, which represents a hybrid system combining virtual along with cryptographic and conventional currencies. The use of digital currencies makes operations faster and inexpensive, while traditional currencies assure nearly all-round popularity and validity. One account aggregate lets in clients concurrently the use of blessings of each sorts of currencies.

MyCryptoBank turns into a totally digital financial institution, accessible all around the global and at any moment.

It will behavior all capabilities of a normal financial institution however without any bank departments and the front-offices most counting on new virtual technology. This will permit MyCryptoBank to end up one the most inexpensive banks within the international with a very worthwhile level of price-to-profit ratio.

The primary way to get income by the financial institution might be fee for operations achieved, for you to be carried out in case of inner operations awareness, inclusive of conversion, inner cryptocurrency trade, cryptocurrency withdrawal, fund transfer. Maximum charge volume charged via the financial institution for holders of tokens will no longer be more than 1%.

Fee size and also other provider conditions might be dependent on account state and account turnover. Clients might be assigned Standard, Silver, Gold or Platinum fame relying on token amount, which they hold. 

Below, an in depth variety of deliberate services is proven.

Main Services

Main service, available for all clients of MyCryptoBank:

1. Wallet (cellular cryptobank);

2. Bank card and Payment Rings;

3. Exchange of cryptocurrency/ cryptocurrency, cryptocurrency /fiat;

4. Money switch all around the global;

5.Financing and loans P2P;

6. Cryptocurrency acquiring;

7. Crypto-ATM and cryptomachines;

8. Deposit percents;

9. Forex Trade;

10. Consulting and legal offerings, such as taxes;

Wallet (mobile cryptobank)

This is a mobile application, representing a fixed of fee services for its clients. Services consist of emission of virtual playing cards of payment systems. Until this financial institution gets a license this provider will be accomplished with the participation of financial institution-companions however soon, MyCryptoBank will be able to problem playing cards independently. 

All predominant operations of MyCryptoBank can be to be had thru mobile financial institution: cryptocurrency trade, cryptocurrency conversion to fiat money and vice versa, instant fund switch all around the global, request and difficulty of credits, financial institution deposit commencing and Forex change. Loyalty packages will also be prepared with the possibility to acquire cashback on operations or balance.

However, the interaction with Apple Pay, Samsung Pay or Android Pay could be organized and contactless price opportunity can be accomplished too.

Bank Cards and Payment Rings

Debit Cards

To make cryptocurrency transactions in charge gadget buying and selling networks will be issued digital cards Visa, Mastercard and UnionPay and cell offerings Apple Pay, Samsung Pay or Android Pay may also be attracted. This permits no longer simplest paying via popular POS-terminals with PayPass, payWave, QuickPass guide and websites, receiving financial institution playing cards for charge however also withdrawal or deposit coins via ATM, operating with paypass bills. 

An issue of cryptocurrency debit cards might be also completed supplying customers simultaneous control flexibility of numerous cryptocurrencies and fiat cash. Debit cards also function a comfy way of payment at some stage in travels because in many cases cryptocurrencies do not rely upon limits and concrete states because of smooth conversion in different currencies.

Any debit card is also combined with person cryptowallet and fiat money owed. With the assist of on-line banking any consumer can make a diffusion – connect card to the account of concrete currency or traditional fiat account. The card also is appropriate for fee of purchases in Internet and offline-shops.

Payment Rings

MyCryptoBank also plans to issue charge jewelry — a paypass card analog, incorporated in financial institution charge machine and permitting to make charge similar to a financial institution card. A miniature chip (NFC module) is incorporated inside the ring including in paypass financial institution card. To make a price, it’s sufficient to carry the hoop to the charge terminal and the vital amount might be written off.

Such jewelry are best for making small purchases — rings shop time, due to the fact a customer does now not need to get any financial institution card or cellular smartphone. MyCryptoBank payment earrings also can be used for on line buy price: each ring gets more than a few, validity duration and CVVverification code.

Due to new technology, MyCryptoBank payment ring has excessive strength and is not afraid of hundreds, it’s viable to do game with this ring, earrings are water-proof and there’s no want to take it off to clean palms or swim.

Due to the special safety of the charge ring, it’s not possible to examine any statistics invisibly with the aid of unique analyzing gadgets. Standard plastic cards can’t assure it and a holder may be calm for protection of his money.

Digital Multi-card

Digital Multi-card is a full replacement of common wallets. It permits attaching numerous cards: debit, credit, cut price, present cards or maybe health club cards etc. In other words, any card can be tied as much as it with a BAR-code or EMV-chip.

Such playing cards are ready with NFC technology, permitting making paypass bills. Because these playing cards align with typical plastic playing cards, they'll be used no longer only in the course of paypass payments but if necessary, with the terminals too. It’s additionally viable to withdraw cash via ATMs.

In order to pick out the charge card, digital multi-card is prepared with a small display and several buttons. It’s enough to make Smartphone pics of recent card which will add it to the wallet. 

Such card is impossible to neglect or lose. Built-in GPS will transmit signal to mobile telephone if distance between card and Smartphone exceeds set fee.

Wallets-cards flawlessly hold charge, they'll be charged as soon as in 30 days and price itsel is compact and transportable.

Cryptocurrency Exchange

MyCryptoBank lets in immediately converting cryptocurrency to fiat cash and vice versa and additionally preserving it, quick and smooth acquire, send and trade cryptocurrencies. The personal account is important for the overall performance of all operations. This multicurrency account is available all day from any point of the world each from PC or mobile devices. Cryptocurrency exchanges are not essential for use due to the fact they're very uncomfortable: it calls for any time to carry out purchase bids or income calls and also have large prices to withdraw or deposit cash.

MyCryptoBank fund conversion is carried out without delay and at a favorable price because of included liquidity primarily based on one-of-a-kind cryptocurrency exchanges and own bank reserves.

Fund transfer all around the world

MyCryptoBank provides the capacity to send money everywhere in the international at the velocity of e mail sending. All cryptocurrency payments are executed with minimal rate, immediately, work from every pointof the world, if Internet is available and can be completed in any traditional forex or cryptocurrency. MyCryptoBank wallet offers the possibility to ship cryptocurrencies and fiat money to other customers or send it to a debit card account. Office visits and queues aren't necessary for it. Only financial institution account and Internet get entry to are sufficient to make transfers.

Classic forex transfers will be accomplished with the help of SWIFT generation. This traditional technology is used anywhere. Open blockchain platform with independent smart-contracts and inner cryptocurrency might be used for cryptocurrency transfers. This platform is designed for blockchain provider introduction with self-executable clever-contracts and public facts register.

The platform can system more 100 000 transactions according to 2nd, executing operation at a pace from 0.01 sec., at minimal commissions.

MyCryptoBank Credits and P2P loans

Credits

MyCryptoBank plans to organize granting of credit for financial institution customers on safety in their cryptocurrencies. Based on credit given the Bank will charge a one-time price and additionally take the credited birthday celebration’s cryptocurrency as security for the time period of the credit score given. MyCryptoBank will soak up protection best the maximum popular top-10 (BTC, ETH and many others.) cryptocurrencies and also our MCB token. The extent of credit score given will now not exceed 70% of the security business value. To shield itself from safety devaluation, MyCryptoBank will combine a hedging scheme, where purchase/sale positions in keeping with protection quantity could be opened at alternate.

In case of safety price falling underneath 50% of credit grant price, our cryptobank has the proper to complete the transaction and sell this safety at the not unusual price. All those moves will permit MyCryptoBank creating effective liquidity and do not suffer losses from loss property and market fluctuations.

P2P Loans

Except MyCryptoBank credits our customers could have possibility to get a mortgage from other bank users using P2P credit system.

Р2Р loans is a specific kind of monetary offerings giving a opportunity to get mortgage from one character to every other one. Money can be granted for any functions and it’s not vital to prepare large documentation bundle for mortgage agreement introduction.

So, this platform combines loaners and creditors, maximum a part of credit risks lies with investors. At the identical time the bank controls all information on loaners screen overdue amounts and affords applicable charge situations. MyCryptoBank makes use of algorithms that are based totally on loaners

scoring and gadget facts and make choices on granting new loans and its conditions.

Also, these formulation recall mortgage go back fee. As a end result, loaners get smooth possibility to form specific credit score at under bank rates.

It’s feasible because of Blockchain technology. Blockchain is a non-stop daisy block chain built in keeping with precise regulations and containing data. The foremost Blockchain benefit is an impossibility of document faking. So, all consumer transaction records is recorded. This maximally simplifies any test method of charge and the credit score records of a capability loaner: a opportunity seems to form an precise and real score based on which any creditors can operationally make decisions on granting of a loan.

Cryptocurrency obtaining

MyCryptoBank crypto-acquiring supports all three schemes of cryptofiat calculations:

1. Crypto-Crypto — a shop withdraws consumer’s cryptocurrency (any) and receives cryptocurrency (selected);

2. Fiat-Crypto — a shop withdraws client’s typical cash (foreign money has no meaning), but receives cryptocurrency (selected);

3. Crypto-Fiat — a store withdraws consumer’s cryptocurrency (any), but gets fiat cash (in currency selected).

4. Fiat-Fiat — a store withdraws customer’s fiat money and gets fiat cash

Deposit percents (Bank deposit)

MyCryptoBank Deposit Advantages:

1. Absence of usage fee;

2. Fixed Profit;

3. Possibility of deposit in fiat money and cryptocurrencies;

4. Strictly certain deposit time period;

5. Insurance of the entire deposit sum;

6. Possibility of cumulative scheme software (fund addition);

7. Comfort on top of things (on line utility, financial institution cards and many others.);

8. Possibility of lowering inflationary and deflationary risks.

Forex Trade

MyCryptoBank clients will get direct get admission to to the Forex market, wherein they could perform transactions bypassing any intermediaries through use of excessive technology methods of order processing and its output to the marketplace. Except conventional trade gear, which include forex, index, futures, metals, oil buyers may have get entry to to cryptocurrencytrade. All these operations can be viable to do through the private account.

To put into effect this service all applicable infrastructures have already been prepared, agreements with liquidity suppliers and fee offerings were signed.

With this reason, MyCryptoBankplans plans to get a few Forex broking licenses in reliable jurisdictions.

Rendering of consulting and criminal services, together with taxation Along with many trendy banks MyCryptoBank will render consulting and felony services. The principal distinction of MyCryptoBank may be rendering of services on operations with cryptocurrency.

Major consultancy on:

Order of establishing and control of settlement, contemporary and different accounts in cryptocurrency and fiduciary cash;

Rules of administration credit score, deposit, price and cash transactions and the maximum rational editions in their utility in cryptocurrency and fiduciary money;

Security offerings;

Arrangement of bank fee files;

Distribution of tokens

Distribution of the ICO budget

For more information about MyCryptoBank, visit the following official address:

website: https://mycryptobank.io/
ann thread: https://bitcointalk.org/index.php?topic=4484862
whitepaper: https://mycryptobank.io/docs/MyCryptoBank-white-paper.pdf
facebook: https://web.facebook.com/Mycryptobank?_rdc=1&_rdr
twitter: https://twitter.com/MyCryptoBank
telegram: https://t.me/MyCryptoBank
reddit: https://www.reddit.com/user/MyCryptoBank
linkedin: https://www.linkedin.com/company/my-cryptobank/
instagram: https://www.instagram.com/mycryptobank/
medium: https://medium.com/@news_87035
youtube: https://www.youtube.com/channel/UCEWn4UUSAX1xLQHKXkaBbuQ



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