MyCryptoBank - Online Banks That Use Secure Blockchain and Cryptocurrency Technologies

About MyCryptoBank

MyCryptoBank is an online bank allowing any client registered in the electronic bank system to make a full range of bank operations, additional operations with cryptocur- rency (payment processing, debit cards, credits and cheap investment products, use of cryptoassets as credit security and many others) based on Blockchain technology without visit of department. So, MyCryptoBank provides services of client’s remote ac- cess to accounts, products and bank services in order to make banking operations.

MyCryptoBank offers its clients a multifunctional platform of banking service, which represents a hybrid system combining digital and traditional currencies. The use of digital currencies makes operations faster and cheaper, while traditional currencies guar- antee practically all-round acceptance and validity. One account combination allows clients simultaneously using advantages of both types of currencies.

MyCryptoBank will become a fully digital bank, accessible all over the world and at any moment. It will make all functions of a typical bank but without any bank departments and front-offi- es maximum relying on new digital technologies. This will allow MyCryptoBank to become one of the most inexpensive banks in the world with very profiable level of cost-to-profi ratio

MyCryptoBank is intended to solve this problem. It will become the fist bank for cryptocommunity, allowing clients to receive and send funds in cryptocurrencies and fit money and also exchange between cryptocurrencies and fit money inside the bank. With MyCryptoBank it will be possible to create deposits, receive loans and credits. The bank will create an infrastructure which will allow setting acquiring and merchants for goods payment for companies and online services. Clients will be able to receive bank cards and with the help of it they will take available funds through any ATM in the world and also pay in shops, restaurants etc. For client convenience, the bank plans to install ATM and crypto ATM, assisting in making operations on cryptocurrency purchase and cash receipt with minimum fees. In the usual sense, it will be typical bank with the whole range of services but loyal to cryptocurrencies and cryptocommunity. It will give an undeniable advantage over other fiancial institutions, attract many clients and their funds for creation of bank’s positive liquidity and allow supporting and developing all products of MyCryptoBank.

МyCryptoBank Description

MyCryptoBank will represent a typical bank with the whole range of services but loyal to cryptocur- rency and the cryptocommunity.

In other words, MyCryptoBank — is an online bank allowing any client performing a full range of bank operations, added by operations with cryptocurrencies such as: payment processing, debit cards, credits and cheap investment products. It’s also possible to use cryptoassets as credit security. All these services will be available for clients without any bank offie visits.

Main Services

Main service, available for all clients of MyCryptoBank:

1. Wallet (mobile cryptobank);

2. Bank card and Payment Rings;

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

4. Money transfer all over the world;

5. Financing and loans P2P;

6. Cryptocurrency acquiring;

7. Crypto-ATM and cryptomachines;

8. Deposit percents;

9. Forex Trade;

10. Consulting and legal services, including taxes;

Wallet (mobile cryptobank)

This is a mobile application, representing a set of payment services for its clients. Services include emission of virtual cards of payment systems. Until this bank receives a license this service will be performed with the participation of bank-partners but soon, MyCryptoBank will be able to issue cards independently.

All main operations of MyCryptoBank will be available through mobile bank: cryptocurrency exchange, cryptocurrency conversion to fit money and vice versa, immediate fund transfer all over the world, request and issue of credits, bank deposit opening and Forex trade. Loyalty programs will also be organized with the possibility to receive cashback on operations or balance. Howev- er, the interaction with Apple Pay, Samsung Pay or Android Pay will be organized and contactless payment possibility will be performed too.

Bank Cards and Payment Rings

Debit Cards

To make cryptocurrency transactions in payment system trading networks will be issued virtual cards Visa, Mastercard and UnionPay and mobile services Apple Pay, Samsung Pay or An-droid Pay will also be attracted. This allows not only paying through standard POS-terminalswith PayPass, payWave, QuickPass support and sites, receiving bank cards for payment butalso withdrawal or deposit cash through ATM, working with paypass payments.

Payment Rings

MyCryptoBank also plans to issue payment rings a paypass card analog, integrated in bank payment system and allowing to make payment similar to a bank card. A miniature chip (NFC module) is integrated in the ring such as in paypass bank card. To make a payment, it’s enough to bring the ring to the payment terminal and the necessary amount will be written off

Order and rules for ICO conducting

THE PLANNED DATE OF THE ICO IS Q3 2018. A ROUND OF PRE-ICO WILL BE HELD ON JULY 16 — AUGUST 16.

Amount of fiance, involved in ICO, depends on the costs of fiancial institutions licenses acquisition, support of bank management and retention of effiient capital volume. Depending on the assets raised, the project services will enlarge as per the roadmap Soft Cap and make 3 million dollars, the project Hard Cap will make 100 million dollars, raised during the below stages: