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Azbit - Blockchain investment banking

Azbit - Blockchain investment banking
Tuesday 26 February 2019

 ICO popularity has significantly decreased over the past year. The reason for this was a huge number of fraudulent projects that promise investors huge profits and do not fulfill their obligations. This has also attracted the attention of regulators, who have become increasingly involved in the fundraising process, as well as imposing stricter restrictions on ICOS and investors. Such behavior of regulators led to the fact that many projects began to lose their audience,and some even closed.
Of course, the intervention of financial institutions and Central banks in the process of Fund-raising has brought positive aspects, such as reducing risks for investors, but the lack of adequate laws is rather a negative impact on the crypto industry.
It is also worth noting that many banks today see a threat in the cryptocurrency, which is why massively refuse to support it. This also has a negative impact on the owners of virtual currency, as they lose a number of opportunities associated with the banking sector.
However, this is not all the problems of the crypto industry. Today, even large cryptocurrency exchanges have certain problems that hinder the development of the world of virtual currencies. These include:
  • lack of quality technical support;
  • high cost of adding new cryptocurrencies to the listing;
  • unpreparedness of trading platforms to the rapid increase in the number of customers;
  • insufficient number of functions;
  • a low level of security.
A new platform called Azbit will solve all the above problems of the modern crypto industry and provide a number of opportunities for investors, traders and ordinary users of virtual currencies.

Project objective

The main objectives of the creators of the platform are Azbit:
  • meeting all the needs of modern cryptocurrency projects;
  • giving the owners of virtual currency to access the services of traditional financial sector;
  • ensuring comfortable and safe trading and investment.

Principle of operation

This platform will be focused on a wide audience and will offer a number of services, one of which is banking services. Thanks to this service, users will be able to use traditional financial services. Among the main options will be presented:
  • maintenance of accounts of SWIFT and SEPA;
  • support operations using the most popular national currencies;
  • Deposit and withdrawals in Fiat currency;
  • opening Deposit accounts in Fiat currency;
  • buying cryptocurrencies with Fiat currency;
  • instant Fiat exchange for cryptocurrency assets and back at the market rate;
  • possibility to receive Bank cards for contactless payments with the possibility to use cryptocurrency;
  • Peer-to-Peer lending;
  • possibility to open brokerage accounts.
In addition, Azbit will create a unique cryptocurrency trading platform with the most convenient functionality, which will be used in the execution of settlement and exchange operations. The main distinctive feature of this exchange will be its hybrid structure, including both classical centralized and decentralized structures. Due to this, it will be possible to trade cryptocurrency, Fiat currency and even security tokens on Azbit multi-exchange. It should also be noted that within the framework of the exchange, traders will be given the opportunity of margin trading and trading using algorithms.
Within the framework of the exchange, a special marketplace will also be implemented, where developers will place their own algorithms for earnings for sale, and investors will be able to buy them. Thus, competent developers will be able to earn from the sale of algorithms, and investors will be able to receive a constant passive income.
Another component of Azbit is an investment platform, where depositors can use the following types of accounts:
  • CopyTrade - investment product for copying the strategies of the best traders;
  • ShareTrade - an account that allows investors to transfer their funds to traders on a trust basis in order to maximize profits;
  • Portfolio - management accounts with the possibility of instant withdrawal, providing the most simple interaction between investors and traders.
The main currency of the platform will be AZ tokens, which can be used to pay for services at a discount or to purchase products in the marketplace. It will be possible to buy AZ coins during the ICO.

Dates and details of the ICO

The creators of Azbit plan to sell 280 billion coins at a price of 0.00012 dollars per token. The public sale will be held from December 1 this year to January 31, 2019.
Softcap project 7.5 million dollars, hardcap - 28.9 million dollars.
The distribution of tokens is as follows:

 


NEWS

Conclusion

Due to the placement of the functional for investors, traders and ordinary users within the framework of the Azbit platform, this platform can become one of the most successful projects of the year and gather a multi-million audience. In this regard, investing in its development at an early stage can be very profitable.

Official resources of the Azbit project:

AUTHORSHIP:
GPScrypto

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