Azbit is a blockchain project that includes banking, a multi-curren...

Azbit provides a wide range of tools related to the financial sector and cryptocurrencies. The project will serve ordinary users, traders and other blockchain platforms. To do this, they will provide banking services, access to investment programs and trade cryptocurrencies. At the same time, Azbit will work in a completely legal field, as all the permits and licenses that allow working in Europe, Asia and the United States will be obtained. The development of the project is carried out in accordance with European regulatory laws. At the same time in the Czech Republic has already received a license Payment Institution.

The structure of the Azbit project can be divided into the following parts:

Banking services and payments. Various licenses will allow Azbit services to fully comply with the legislation of most countries and make payments in Fiat funds, to produce the full range of banking services for various blockchain projects, startups, individuals and their own services. The list of services provided will consist of many features, such as opening and servicing of accounts (SWIFT, SEPA, payments and accounts in national currency, deposits in Fiat funds for Azbit services, etc.), currency exchange at market rates (instant exchange of cryptocurrency for Fiat funds and other cryptocurrency at the exchange rate in the market), segregated accounts, payment cards (debit cards, contactless payments), White label and API B2B services, peer-to-peer lending secured by cryptocurrency portfolios, etc. Licensing documentation will provide brokerage services, giving access to the stock and currency trading markets, including Forex and Stocks. Quotes on the markets will be duplicated in the database on the blockchain, which will avoid conflicts between the trader and the broker.

Multi-Currency exchange, which allows any user to trade the maximum possible number of cryptocurrencies, as well as utility and security tokens. It is based on the existing cryptocurrency exchange Bitsane (https://bitsane.com) with transactions of more than $8 million per day and licenses received in the US, EU and Switzerland. The exchange has a hybrid infrastructure that combines elements of a traditional centralized system and a decentralized trading module (DEX). It is used for trading with support of cryptocurrency and Fiat currency pairs, combining liquidity with third-party partner exchanges. For traders organized all the modern functionality of tools for buying and selling on the stock exchange, where they can choose any asset to work, depending on their needs, budget and desire. Traders receive functionality for spot and margin trading, analytical information.

Access to the investment platform, which is key in this project. Thanks to its tools, traders with a good trading history will be able to receive additional funds for trading, and ordinary investors will quickly and fruitfully make deposits to the cryptocurrency to generate income. Support for a variety of popular investment opportunities, such as copying trades, trading strategies of successful traders, social trading (sharing experience in social networks, studying various data and opinions to build the best strategies) and portfolio management (financial Analytics providing the best investments for clients). To implement these ideas, CopyTrade, ShareTrade and Portfolio management accounts have been implemented on the platform. That is, it will be possible to make short-term or long-term investments on the Azbit platform, when professionals will take your funds for trust, and the user will receive passive income from it.
Azbit.ID is a unified system of secure and fast identification, which will be used for registration processes and two-factor authentication when accessing Azbit services. Different blockchain businesses will use Azbit.ID for automatic passing of the AML / KYC procedure, at the same time will be able to save significantly on this process due to automation. For Azbit.ID will be implemented its application for iOS and Android.

For hardware implementation of the Azbit project, a service architecture based on the cluster solution will be created, which will ensure smooth operation and the possibility of horizontal scaling to withstand any increasing load. This infrastructure will be located in the leading data centers around the world.

To provide the best opportunities and to collect investments for the platform released internal token Azbit standard ERC-20 on the Ethereum blockchain that is labeled AZ. The owners of the AZ token gain the following competitive advantages:

Discounts on Bank service fees;
Discounts on multi-currency exchange commissions;
Discounts on investment platform commissions;
Pay for products from the marketplace;
Providing liquidity when trading through the DEX module;
Participation in exclusive airdrops of new tokens, which will necessarily be traded on the exchange.

The Azbit project team aims to create a transparent and legal platform for doing business, which will have tactful relations with regulatory authorities, mutually beneficial relations with its partners and avoid legal problems. 2.5 % of the income from the functioning of the Azbit platform will be transferred to public and charitable purposes. At the time of this writing, the described project has an ICO company. The terms, bonuses and cost of the AZ token can be found on the official website of the project on the links below.