Cryptocurrency, arguably the buzzword of the decade, has revolutionized the financial landscape. It’s a brave new world of digital assets, blockchain technology, and decentralized finance.
But admittedly, diving into the crypto realm can be intimidating for newcomers. That’s where institutions like Black Banx, a fintech company founded by German billionaire Michael Gastauer in 2014, proves why they are at the forefront of the financial industry.
Black Banx offers crypto newbies a chance to get familiar with using digital currency, be it to transact or to trade, and not miss out on this revolutionary way to grow their wealth.
Building the foundation for a unique crypto proposition
Officially launched in the global fintech market in 2015, Black Banx made immediate strides in its first year.
The company earned the patronage of over 200,000 million customers in a matter of months, and by 2016 shook things up further by introducing cryptocurrency as a deposit method.
By 2018, Black Banx further solidified its position as a major player in the crypto space. The company launched its fully fledged, 24/7 cryptocurrency trading services, giving customers the means to trade and transact using Bitcoin (BTC) and Ethereum (ETH) cryptocurrencies.
In less than four years, Black Banx cemented its place as a pioneer in the global financial industry, eventually earning as much as US$9.8 billion in valuation.
Creating easy, equal access for crypto
Operating in 180 countries, Black Banx has an established presence in both large markets and underbanked communities across the globe.
The company continues to make cross-border transactions as simple and seamless as transacting locally by offering private and business accounts that have access to not only 28 FIAT currencies, but also the 2 previously mentioned cryptocurrencies.
While approximately 80% of Black Banx’s operations revolve around cross-border payments that has made the company the go-to choice for individuals and businesses making international transactions, the company continues to acknowledge the power and potential of cryptocurrencies.
Black Banx presently dedicates 20% of their operations to cryptocurrency transactions and trading. The company’s fusion of traditional and digital finance gives customers unprecedented autonomy, as they are able to make transactions while switching back and forth between the two types of currencies with utmost ease.
Black Banx empowers its clients by connecting its fully fledged banking platform with the features of a crypto exchange. This unique integration enables clients to use their crypto balances to pay third parties directly.
Setting themselves and their customers apart
As of the end of 2022, Black Banx has garnered over 20 million retail customers and 1.5 million business customers. While it would be easy to rest on their laurels, the company continues to set themselves apart from the rest of the global financial industry by setting their customers apart as well.
The company ensures Black Banx clientele are ahead by going the extra mile in terms of crypto info and education.They empower their customers with comprehensive resources and insights. From easy-to-use borderless banking solutions, in-depth market analysis, and easy-to-follow guides, the company provides everything it can for customers to make informed decisions and duly manage finances in the fast-paced world of cryptocurrencies.
But it’s not just about the numbers and market trends for Black Banx. The company continues to work to extend its reach, so that as many people as possible are able to enjoy conveniently being able to make transactions to and from any location, and are the first to benefit from all the new developments in the worlds of both traditional and digital currencies.