How BITEX can change bank system

Modern banks rule the world – they can offer highest fees without even a shade of doubts and leave people in debt. No transparency – no value of customer’s opinion. BITEX came to change it.

Why banks can’t satisfy customers

Every bank is a huge machine which combines different kinds of money activity. But here is something that unites all shades of it - the profit motive. They don’t care about customers – the only one desire is to keep as much money as it is possible. Here we can find some problems simple people suffer from:

The customer is just another one pool of money.

It means that the only one target is to turn on cunning and offer some random way to get them.

Someone who owns money is a kind of king.

When people are in need and there is no another way to loan money, the bank can set the terms. It could be obscenely high fees and unacceptable conditions. They sure that they could be the last hope for someone and this situation gives free hand to them.

At the same time, everyone who had a business relationship with this system, even once in their life heard jokes about the fine print. Sometimes simple conditions could include some special details which work for banks. In some cases, it is possible to face difficult legal language which can bring misunderstanding.

New solution – BITEX

BITEX team was wondered about decisions which could bring real transparency to the world of banks. At the same time, they found another one problem which came with cryptocurrencies – people can’t invest because of the lack of trust. Here comes blockchain. With the help of this technology it is easy to:

Turn back previous bank mission – keep economic growth.
Offer honest deals without hidden fees.
Keep transparency.

Every deal will stay on blockchain forever and customers will always have an access to the whole details. No more need in trust – in case if everything is open, there is no point to hide something.

Here is one interesting detail – BITEX is going to use special approach to every region (the main goal is Asia – because of the cryptocurrencies popularity in this sector).
By the way, it already has own software “EZBITEX” which was distributed in a wide range of countries. It includes payment system and solutions for banking (for example, trading is available too).

Interesting! The payment system is based on exchange principles: it may offer to create transactions in any kind of currency (depending on the preferences). It means that someone who decided to use this system should buy tokens because they connect every detail of BITEX world. For example, someone needs to pay with bitcoins but seller can’t accept them – with the help of project’s coins BTC will be changed into the currency shop can accept. Everything is possible because of the inside exchange system.

(example of inventions)

At the same time, BITEX will conclude agreements with local companies. The chosen way will ruin the wall between different regions and its features with preferences.

When BITEX rules the world

In case if BITEX will replace all banks world will see how effective this system could be. First of all, fees and other unpleasant details will disappear. As the result, money loans will be not so frightening: in case if the business will need some money, it would be easy to borrow or even to earn them. With the help of inside listings and trading tools, all benefits of cryptocurrencies will work for profit.

So, as you can see, BITEX is a healthy version of a bank with no high fees and perfect ecosystem. It is easy, transparent and reliable. Project solved all the problems which turned banks into the money sucker machine.

WEBSITE: https://ico.bitex.global
TELEGRAM: https://t.me/joinchat/IV2i4Q6llH7ttm5n9hqT5g
WHITEPAPER: https://ico.bitex.global/docs/XBX-Token-WhitePaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=3651047
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