Bitex is the first locally-embedded crypto bank. It aims to provide financial services to the cryptocurrency-based digital economy in Asia and Middle East that is relevant and useful to the local customer base in each region where it operates, while being available globally.
Bitex believes that it can make the greatest impact on society by working at the local level, and ensuring that the benefits of this new cryptocurrency-based digital economy can also be felt by those under-served or left out of the current banking system.
Thus, instead of starting out immediately as a global bank, Bitex wants to ensure that its solution has a local impact. In that matter, Bitex has licensed its EZBitex platform to 8 countries already, and many more are to come. Bitex has implemented an array of payment solutions so every local payment differences are served. Bitex will also propose an Open API to promote the usage of local businesses.