INTRODUCTION
Right from the early times people have always designed a system that will bolster their monetary lifestyle such that they are able to have a good run with money and other activities they do with them, and as civilization occurs gradually, the system began to evolve and now we have it as the banks in our present dispensation. This institutions play a great role in shaping our lifestyle and economy which is the reason why it is having more attention. Now that there is a digital space where almost all sectors are being improved and digitized to achieve better performances and efficiency, it will be really great to have all the functions and operations of the banks carried out simply by incorporating the dynamics into the progressive ledger economy and this is the reason why there is a newly created platform by the name BITEX, which is designed to make this change and provide necessary banking operations and styles in a more acceptable, safer, astounding and remarkable way. Thanks to its initiative because users will be just as fine and cool with its functions and unique Features.
THE SCOPE OF BITEX
This platform is based on the blockbuster system and is all about making the finance system of the users as approachable and convenient as possible with the cryptocoins adoption. We can call its style an efficient cryptobanking with the aim of boosting the performances of many businesses and also the users' way of dealing and spending money most especially their assets under a conducive atmosphere or ecosystem. It is a somewhat local venture but yet a strong international digital banking system that has got all its users covered in that aspect of their lives. It functions to replicate the functionalities of the existing real life banks and modifying them with utmost balance while also optimizing the ledger tech for a better efficiency and advantage as it solves many financial difficulties.
THE USEFULNESS OF BITEX TO THE USERS.
This platform has a widerange of use to different users. Its users however, includes the merchants, consumers and also many other partners and partakers of the system.
To the real consumers in the Bitex ecosystem, the platform provides them with a crypto wallet which they are enabled to secure and maintained by themselves. This holding wallet that is gifted in Bitex allows owners to guard their resources in it using special key codes which the platform itself has no hold on and is not disclosed in any transaction or to any third party. This is to reinforce the security and avoid being scammed by hackers. Asides this, in the nearest future, this platform has a foresight as to how to make the security of the system stronger than it is at the moment and that will be done by the encryption of the source code for development together with a standard PCI certification which has the ability to hyper-grace the already established security.
As part of the plan to decentraliize crypto banking, a mobile wallet provision is more like a useful Feature and tool considering the fact that the use of mobiles is way higher and is constantly increasing by the day. This will make Bitex more accepted and used by a widerange of users most especially the younger generation that is most obsessed about the mobiles. The conventional method of banking will be deserted for this new style of making financial transactions and the innovation will keep spreading that way.
BITEX will do well to snatch these consumers from the tight and hostile grip of the centraliized exchanges such that they no longer have a hold or control over people's wallet but rather, users decide how much to be used for transactions in Bitex ecosystem in activities like transfers and other ones. This will then give users total freedom in the use of their assets without being under the influence of any structure.
The EZbitex cards will be offered to users for debit and credit transactions and they will not be hindered from using them as they want. The purchase of crypto coins will be possible using this cards and they will have the backup of the Bitexpay cards. This will ease the deals done in the network and users will find it appealing to adopt this as a new style of banking without any controversy.
As for the merchants that use BITEX, many options are going to be available for the acceptance of payment, it can be with the use of the special card readers, the EZbitex pay app or by the standard QR codes. Any of these will get the job done for them anyways.
ABOUT THE XBX TOKEN
This is specially used in the ecosystem and is meant to be used by all members of Bitex because all the deals to be carried out in the network will have to be done using it as a legal tender. So for this reason, it is infused as the debit card fee, Bitex ATM and also when other payment or transfer activities are done in the system. Apart from being a utility token, it is used as a reward to appreciate the contribution of users and to show that their loyalty isn't taken for granted in the platform. By its use the adoption of Bitex increases and enlarge the possible reach and acceptance of Bitex.
ICO DETAILS
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 end of token sale
BITEX PROJECT ROADMAP
BITEX ASTOUNDING TEAM
PROJECT ADVISORS
In conclusion, merchants can easily add the BitexPay as another option for fast payment in their portals for payments in the e-commerce sites rather than depending on the less reliable ones. This project will annul the need for a conventional bank account and make users mobile their safe box where they can monitor and have access to their funds at any time without any disturbing policy.
To get detailed information about the BITEX Project, visit any of the following links;
Website: https://ico.bitex.global/
Whitepaper: https://ico.bitex.global/docs/XBX-Token-WhitePaper.pdf
Telegram: https://t.me/joinchat/IV2i4Q6llH7ttm5n9hqT5g
Twitter: https://twitter.com/bitex_global
Facebook: https://www.facebook.com/bitex.global/
AUTHOR'S DETAILS
Bitcointalk Username: Chomsy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1759759