The financial industry has long been dominated by centralized companies like banks, insurance companies, stockbrokers, etc.
This highly centralized system caused some of these institutions to fail, leading to several financial crises.
However, blockchain technology has led to an era of hope through decentralized, people-focused crypto banking, and AgoraBank has leveraged this technology to introduce the bank of the future (bank 3.0).
Agora Bank is a decentralized banking platform built on blockchain technology. This means that the platform is owned and managed by the users.
This solves the previously discussed problem of centralization in financial institutions. AgoraBank also combines established banking services and newer crypto services to offer users extensive financial services.
AgoraBank’s founding principles are decentralization and user ownership. Therefore, AgoraBank users can participate in the expansion of the platform, make decisions, and share profits.
AgoraBank combines traditional and decentralized banking in one application. The platform allows users to combine cryptocurrency with regular finance and buy, loan, borrow, trade, exchange or build a career with financial assets without the need for an intermediary. The future of banking is here.
Decentralized banking for everyone
AgoraBank is a crypto bank that offers users the benefits of traditional and decentralized banking from the comfort of their homes. Traditional banks offer a range of financial services, but are often limited by location and centralized governance.
In addition, their position as an intermediary prevents customers from having direct access to financial services. This leads to unequal access to financial services and creates a global unbanked population of over 1.4 billion people who do not have access to the traditional financial industry.
Watch the AgoraBank trailer here:
AgoraBank solves this problem by effectively eliminating intermediaries, allowing customers to access banking services at any time, from anywhere in the world, regardless of who they are. This creates a great opportunity for everyone to not only access financial services but also have equal opportunities to benefit.
Traditional banking and cryptocurrency services in one application
AgoraBank is built by a diverse team of experienced professionals who combine extensive individual experience in traditional finance and cryptocurrency to create an inclusive banking platform. It gives users the best of both worlds. By registering with AgoraBank, users can enjoy the following services:
AgoraBank’s original token (AGO) allows users to access several features, such as exchange, governance, etc., on the platform. It runs on Chain BNB and so on Ethereum network and already smart tokenomics which gives a good balance between supply and demand.
AgoraBank Debit Card
AgoraBank offers its users a free debit card so they can make transactions in the way they already know. It provides users with multiple ways to transact and also makes it easier for the average person to start using the platform. They also get exclusive benefits such as cashback for transactions from AgoraBank Debit Cards.
AgoraBank Trading Tool 3.0 is an accessible and easy-to-use decentralized trading system that allows both beginners and professionals to trade profitably. Users can only connect wallet without KYC verification and get round-the-clock access to more than 50 crypto trading pairs.
Decentralized Exchange Service (DEX).
AgoraBank DEX supports many crypto coins and allows buying, selling, and exchanging these coins at a low cost. Users can invest, buy and sell crypto assets (by card or transfer) to earn profit or maintain their crypto holdings based on their preferred investment strategy.
AgoraBank allows users to create or access crypto wallets that perform on-chain and cross-chain transactions. This expands the range of financial services available on the platform.
Decentralized Autonomous Organization
Traditional banks have centralized management that reduces transparency by creating intermediaries between users and financial assets/services.
Agorabank users are part of the platform, and can form a Decentralized Autonomous Organization (DAO) to choose the policy that will guide the operation of the bank.
Unique benefits of AgoraBank
AgoraBank also offers unique benefits in addition to the services already described. Some of them are highlighted as follows:
- Users can become Agora Citizens and enjoy citizen rights like Agora NFT, AirdropsEarly Access, VIP status, etc.
- Users can participate in Agora Adventures to earn XP (experience points), which can be converted into cryptocurrency.
- Invite people to invest in AgoraBank and get a referral bonus of up to 45% commission on decentralized exchange transactions and up to 9% on ICO investments.
Click here be a citizen of AgoraBank.
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