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ZODIAQ, World’s First Licensed Cryptofiat Bank Sheds Light on the Сryptocurrency Market

WASHINGTON, DC, USA, January 3, 2018 / -- Alongside the fuzz surrounding the Bitcoin and the rapidly growing popularity of cryptocurrencies, many individuals and businesses tend to invest in cryptocurrencies seeking for profit.

The market offers various solutions that make possible the purchase, exchange, and withdrawal of cryptocurrencies at a different exchange and commission rates. However, it is quite difficult to find a trustworthy option with favorable terms and sufficient liquidity for any amounts, as many exchanges close down the registration unable to manage the influx of new users. Given the circumstances and an intense demand, there is a need for a robust solution that combines banking reliability and low rate operations with cryptocurrencies.

“This is why we took time to rethink the general approach towards cryptocurrencies and given real-time problems build our concept around the first licensed cryptofiat bank – a fully-fledged ecosystem that will serve the main instrument for legal transactions,” says Pavel Dmitriev, the CMO at ZODIAQ.

At heart of the ZODIAQ, the financial blockchain corporation lies an existing bank with a real state license to operate with cryptocurrencies and offer traditional banking services. As the organization will evolve along with the market and legislation, it will ensure stability and long-term development.

As part of the ZODIAQ banking services, clients will be able to open accounts, make deposits, transfer funds, get loans and use merchant services in fiat and cryptocurrency. In addition to the basic functionality, ZODIAQ infrastructure will also include an on-site crypto exchange with instant deposits and withdrawal, a hedge fund with AI and refined algorithms using big data and deep machine learning for better asset management, and in perspective a payment system that will ensure minimal rates for all operations outside the system.

The entire range of services will be available in a single-window mode and will be easily accessed from both personal account and the fully featured mobile application. Third party integrations will open doors for many perspectives and future opportunities to ensure convenience for all participants within the ecosystem.

Note for editors
ZODIAQ is the first cryptofiat bank for individuals and businesses with a real state bank license. Surrounded by its own developed framework, it combines the ability to make legal operations with cryptocurrencies alongside regular banking services. ZODIAQ clients will be able to open accounts, make deposits, transfer funds, get loans and use merchant services in fiat and cryptocurrency. All existing services will be managed through the online platform and a mobile application. Evolving with the market and the legislation, ZODIAQ financial corporation is planned to become a universal cryptocurrency center with a sophisticated infrastructure that includes an on-site crypto exchange, a hedge fund, and a payment system.

Olga Chekina
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