What is Baanx Group and what are the roles of BAANX tokens?
Cryptocurrency users want to hold their cryptocurrencies, especially in a growing market. But most of the world’s banking systems are based on older technology – mainframe computers, huge central databases, and slow antiquated systems. They are increasingly difficult to maintain, update, and in most cases, they cannot adapt to the future of mobile encryption and blockchain/distributed ledgers.
Baanx.com Ltd’s mission is to ensure that every company, exchange, DeFi, telco, social media company, fintech, and community has access to a full range of crypto lending services. Baanx can add loans as an ‘add-on’, a la carte to their product, or they can offer the Baanx.com Ltd secured loan service directly within their app.
Baanx.com Ltd provides up to 50% LTV loans for crypto assets, users can keep their cryptocurrencies and borrow against them in a regulated, safe and simple way. UK-based Baanx has several licenses through regulated partners and can work with a growing number of financial institutions looking to service lending for their corporate, retail, and family office clients. All are powered by staking BXX tokens. BXX Contract Audit Report.
Download Baanx App from Google Play and Appstore.
BAANX Tokens Overview
Token Name: BXX
Total Supply: 250,000,000
Total Circulation: 98,000,000
Trade Pair: BXX/USDT
Trade Time: 13 December 2022 18:00 (UTC+8)
Withdrawal Time: 13 December 2022 18:00 (UTC+8)
What are the utilities of BXX tokens?
Debit Cards: Create and launch personalized debit cards that truly showcase your brand, with no monthly card fees for you or your customers. BXX will be the payment method
IBANs: IBANs linked to multiple accounts in 9 different currencies will be provided and linked to one actual master checking account. All remittance and foreign exchange operations are managed through a single web interface, giving you complete control. Earn BXX rewards for spending, savings, and other products.
White Label Mobile Apps: Claiming to be 100% hosted, white label mobile apps for your brand and customer base – branded cards, accounts, wallets, remittances, payment gateways, and foreign exchange. You can pay loan interest in BXX Tokens, receive discounted interest rates on any new loans at high LTV interest rates
Payment Gateway: Baanx payment gateway uses a unique strategy to provide you with the best solution for your location, currency, product, and industry. Receive rewards for holding, staking, or simply spending the BXX token and Fast, free, and secure remittance around the globe.
Data Source: The information above comes from Baanx Official Website and Baanx Whitepaper.
Accessibility. Security. Equity.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.