Kryptobits exchange; Mitigating Traditional Banking Flaws Using Blo...

INTRODUCTION
A lot of people don’t seem to understand that conventional banks are in business to make a profit. And a tidy sum at that. Traditional banking services are all geared towards accomplishing this singular objective. Banks operate a centralized system where every action requires the nod of a sophisticated center. Their payment solutions, lending, and deposit services are passed through this center.

AREN'T BANKS EVER SATISFIED?
Retaining the status quo in a highly fragile bank-controlled environment isn’t great for everyone else except, of course, the banks. Just about every individual must have transacted with a bank at some point. This paints a picture of just how vulnerable we are to these financial establishments.

Banks provide deposit and lending services for customers. With the opportunity given through the deposit service, they match the needs of those seeking for funds while adding a high-interest rate to the money lent. Their existence is largely customer-dependent but not customer-centric. Rather than listening to the pleas of customers regarding the mountain-high interest rate, they persist with their high-handedness; which is just harsh.

THE WAY FORWARD

Apparently, banks have failed to understand the plight of their lending and deposit customers. The need for a platform capable of bridging the gap between each side of the divide for transactions eliminating the devious middlemen –the banks – has risen.

KRYPTOBITS ensures security to users as its built with secured tools like, Gold wallet, 2FA and many other security tools. User can track their activities in the exchange through charts which ensures transparency.

KRYPTOBITS provides such a platform. Depositors and borrowers can interact and reach an agreement within the KRYPTOBITS platform, and this is binding on both parties. The result is a better interest rate for the depositor (compared to what a bank would offer) and a lower interest rate for the borrower due to the elimination of the parasitic bank.

The smart contract ensures both parties hold their end of the bargain while its dependence on blockchain technology ensures transparency is of the highest standard.

kryptobits exchange is constructed in such a way that users can make decision and selections of which cryptocurrencies to purchase and trade on, its an exchange that trade all cryptocurrency without limit.

The capability of the KRYPTOBITS network wouldn’t be limited to just a digital marketplace for depositors and lending. Those with an interest in trading can maximize the proposed KRYPTOBITS decentralized exchange. Their team has made promises of more advanced features as the community grows.

KRYPTOBITS is rated by me as the highest and best exchange so far, it enables withdrawal instantly and directly at low cost with either your credit card or your IBAN accounts through a system given by Montbrun Capital. Kryptobits exchanges uses two specific coins named Karto coin and karto steps.

PROJECT ROAD MAP

TOKEN INFORMATION

Token symbol: KBE

Number of Total Tokens

1,802,500,000 (100%)

Number of Tokens for Sale

1,442,000,000 (80%)

SOFT-CAP:

4 Million €

HARD-CAP:

100 Million €

Accepted Currencies

ETH,BTC,LTC,BCH,XRP,FIAT(EUR)

PROJECT PARTNERS

FINAL THOUGHTS
Centralization, which is the bane of the existence of most traditional financial institutions in the world today, is unsustainable. It creates room for exploitation and theft. KRYPTOBITS, through its incorporation of the blockchain, brings changes to the current structure. With its decentralization tactic, customers will take their rightful position at the table – its helm.