BITEX
BITEX: THE FIRST LOCALLY-EMBEDDED, YET GLOBAL, CRYPTO-BANK Since their inception, cryptocurrencies and their value have grown in leaps and bounds. Such is their growth that there are thousands of different cryptocurrencies in existence today. Cryptocurrencies were created to take power off the centralized financial system of today’s world, consequently giving individuals power and control over their funds. However, for cryptocurrency to become popular and competent, it has to match and even surpass the abilities of already established and universally accepted fiat currencies. Cryptocurrencies should be easily used in our daily transactions, even in commerce. Yet, until now, the full benefits of cryptos are still not actualized. Cryptocurrencies, at the moment, can only be exchanged between currencies (fiat/crypto and crypto/crypto). For cryptocurrencies to outdo fiat currencies and become well and fully used in commerce, i.e., as a choice medium of exchange for goods and s