Bitex uses blockchain for more than one of its products.
EZBitex is the currency exchange and banking infrastructure with a decentralized, distributed and immutable ledger provided by Bitex, which underpins the functioning of the entire system.
The decentralised exchange is powered by the XBX token, which will fuel all transactions on the platform. The XBX token is built on the Ethereum blockchain technology,
Along with the EZBitex platform, BitexPay will allow users to pay for goods and services using cryptocurrencies or FIAT money. Multiple ERC 223 compatible wallets will also be integrated to the EZBitex platform. EZBitex provides its users with a decentralized Holding Wallet. No private keys for this wallet are shared with the EzBitex platform. Thus, a user’s wallets are completely under their control.