Fun

MinePlex Creates CrossFi Crypto Bank by Combining Traditional Finances With Blockchain

News Feed - 2020-12-25 02:12:46

MinePlex Creates CrossFi Crypto Bank by Combining Traditional Finances With Blockchain


PRESS RELEASE. The MinePlex platform announces the creation of a new mobile crypto bank for CrossFi industry that aims to combine the traditional financial instruments with blockchain technologies. The mobile crypto bank is supplied with the functionality that allows using cryptocurrencies in everyday life: paying for clothes, food, gadgets as well as for utilities, internet and other services.


“In fact, we have created a new industry that erased the borders between cryptocurrencies and traditional financial assets. Now our users can buy and sell cryptocurrencies, or pay for everyday purchases by using the mobile crypto bank. And all of this is possible on the single platform”, shared the MinePlex CMO Alexandr Mamasidikov.


At the next stage, MinePlex plans to further develop the project, open the MinePlex university, add new features and grow the user base. By 2023, the number of crypto mobile banking users is expected to reach 85 million globally. By 2024, it is expected to approach a billion.


The MinePlex platform stays at the forefront of the CrossFi market by the constant development of its infrastructure that already includes the crypto mobile bank, debit card tied to cryptocurrencies, two project tokens Mine and Plex, smart contracts for staking these tokens, crypto wallet, and P2P platform for exchanging cryptocurrencies without intermediaries.


“We have already created the CrossFi industry. Now we put our efforts in developing the ecosystem, educating people on how to use the mobile crypto banking that has such advantages as the usability, fast conversion of cryptocurrencies into fiat, lower commissions, opportunities to earn on staking etc”, highlighted the MinePlex CMO Alexandr Mamasidikov.


In 2021, MinePlex plans to integrate more than 20 cryptocurrencies to its wallet.


 


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Visa Grants Principal Membership to Crypto Payments Platform Wirex FINANCE | 1 hour ago The US SEC Fines Shipchain $2 Million for Conducting an Unregistered Token Offering: Company Agrees to Cease Operations REGULATION | 5 hours ago Tags in this story Blockchain, CrossFi, Crypto-Bank, Cryptocurrency, Finances, MinePlex


Image Credits: Shutterstock, Pixabay, Wiki Commons Spot-markets for Bitcoin, Bitcoin Cash, Ripple, Litecoin and more. Start your trading here.

News Feed

Crypto.com’s Exposure to FTX Less Than $10 Million Says CEO — CRO Token Not Used as Collateral
Crypto.com"s Exposure to FTX Less Than $10 Million Says CEO — CRO Token Not Used as Collateral According to the CEO of Crypto.com, Kris Marszalek, his firm had recovered much of
Coinbase Files to Offer Cryptocurrency Futures and Derivatives Trading
Coinbase Files to Offer Cryptocurrency Futures and Derivatives Trading Cryptocurrency exchange Coinbase has filed an application with the National Futures Association (NFA) to offe
Chainlink Price Could Crash 30% To $15 — Here’s How
Este artículo también está disponible en español. The Chainlink price has been under intense bearish pressure over the past week, mirroring the current state of the gener
Savannah Fortis11 hours agoNansen third-party vendor suffers security breach, user data affectedThe crypto analytics provider says a security breach of a third-party vendor has affected nearly 7% of users in the system w
Aave contemplates fee distribution in DeFi shake-up
Amaka Nwaokocha53 minutes agoAave contemplates fee distribution in DeFi shake-upThe fee switch will allow governance to control and adjust fee-related policies based on the platform’s needs and objectives.260 Total vie
Shiba Inu Gains Momentum: SHIB Price Breaks Above 100-Day Moving Average, What’s Next?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Tristan Greene5 hours agoHSBC trialing quantum-safe financial transaction network in the UKThe venerable British bank became the first to join BT (formerly British Telecom) and Toshiba’s secure quantum “metro” netw
Crypto Marketplace Purse.io to Dissolve Operations After 6 Years
Crypto Marketplace Purse.io to Dissolve Operations After 6 YearsOn April 16, the crypto firm Purse.io announced the company is planning to dissolve after six years of operation. The
Dogecoin Indicator Flashes A Buy Signal On The 4-Day Chart – Is DOGE Gearing Up For A Rebound?
Este artículo también está disponible en español. Dogecoin (DOGE) is currently trading below the $0.25 level after experiencing massive volatility and price swings in rec
Ana Paula Pereira8 hours ago‘That’s fraud,’ prosecutors say in closing arguments at Sam Bankman-Fried trialThe U.S. government delivered its closing arguments in New York in an effort to convince the jury that SBF
Derek Andersen5 hours agoRipple, Onafriq partner for new payment corridors for Africa, UK, Australia and GulfThe deal aims to enable faster, cheaper payments between 27 African countries, working with three Onafriq partn
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets Bitcoin dropped to a two-week low on Friday, as crypto markets continued