MinePlex Creates CrossFi Crypto Bank by Combining Traditional Finances With Blockchain

PRESS RELEASE. The MinePlex platform announces the creation of a new mobile crypto bank for CrossFi industry that aims to combine the traditional financial instruments with blockchain technologies. The mobile crypto bank is supplied with the functionality that allows using cryptocurrencies in everyday life: paying for clothes, food, gadgets as well as for utilities, internet and other services.

“In fact, we have created a new industry that erased the borders between cryptocurrencies and traditional financial assets. Now our users can buy and sell cryptocurrencies, or pay for everyday purchases by using the mobile crypto bank. And all of this is possible on the single platform”, shared the MinePlex CMO Alexandr Mamasidikov.

At the next stage, MinePlex plans to further develop the project, open the MinePlex university, add new features and grow the user base. By 2023, the number of crypto mobile banking users is expected to reach 85 million globally. By 2024, it is expected to approach a billion.

The MinePlex platform stays at the forefront of the CrossFi market by the constant development of its infrastructure that already includes the crypto mobile bank, debit card tied to cryptocurrencies, two project tokens Mine and Plex, smart contracts for staking these tokens, crypto wallet, and P2P platform for exchanging cryptocurrencies without intermediaries.

“We have already created the CrossFi industry. Now we put our efforts in developing the ecosystem, educating people on how to use the mobile crypto banking that has such advantages as the usability, fast conversion of cryptocurrencies into fiat, lower commissions, opportunities to earn on staking etc”, highlighted the MinePlex CMO Alexandr Mamasidikov.

In 2021, MinePlex plans to integrate more than 20 cryptocurrencies to its wallet.

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