Crypto is in.
But how “in” is it? It can be hard to tell.
In some ways it feels like a mainstream finance tool, the shiny new toy of the Internet investor.
But in other ways, it seems elusive and mysterious, something many have heard about but few understand.
One company, BNB Fintech, is aiming to change this by bringing a radical new vision for cryptocurrency to market: a token and payment system that will work as seamlessly as a credit card.
Cryptocurrency is quickly becoming a new standard for secure, peer-to-peer transactions. But as for any market innovation, there is a large education gap for customers who are interested in crypto currency about how to actually invest in crypto currency in a way that makes transactions work on a day-to-day basis.
BNB Fintech is an innovative financial technology startup centered around cryptocurrency. BNB Fintech aims to become the future of face-to-face and point-of-sale cryptocurrency payments.
BNB Fintech’s first development is a marketplace where users buy, sell, and trade items in exchange for BNB Cash. It’ll be done both online and face-to-face. If users are buying and selling online, payment will be held until there’s a confirmation of delivery. This is similar to the system used by the Poshmark. Tracking information is integrated within the app and the buyer has to press a button confirming they received their package within a certain time frame (based on the tracking number showing delivered).
BNB Fintech will eventually integrate other tokens within their app so they can reach a wider demographic. We will vet through projects that want to partner with us and also offer paid ad space within the app for other crypto projects as well. There will be a stringent process they must go through to ensure their project is safe and secure to be able to become integrated within the marketplace.
Their primary focus is to seamlessly integrate cryptocurrency into the average person’s everyday life in such a way that a person will be able to use cryptocurrency the way they use a typical debit card.
BNB Fintech’s flagship product is their BNB Cash Token, described on their website: “BNB Cash is the native token of BNB Fintech. running on the Bep20 platform, BNB Cash is fast, low in transaction fees, and most importantly – secure.”
Ideally, the BNB Cash option will replace debit cards for many consumers. “[We will have] debit cards integrated with the mobile wallet, potentially partnering with Simplex so individuals can pay for everyday items with crypto. We will have a point-of-sale application which will allow Merchants to accept BNB Cash in their online or brick and mortar shops,” BNB Fintech’s leadership team explains.
BNB Fintech is a power-packed team with expertise in many areas including finance, IT, design, merchant acquisition, payment systems, customer retention, human resource management, risk management, and project management.
Through their marketplace, mobile wallet, rewards program, point of sale application, and usable NFTs, they are continually bringing innovation, passion, and creativity to the cryptocurrency space to make the transaction process clearer and more accessible for crypto enthusiasts and those who are curious.
The BNB Fintech team came together after investing in/being a part of a different cryptocurrency project, and has experienced rapid growth ever since. BNB Fintech’s growth and development journey has focused on their disruptions to point-of-sale paradigms for cryptocurrency.
Elle Hoesch, co-founder, explains this emphasis for what BNB Fintech is rolling out in the near future:
“After launch, we will begin development of our peer-to-peer crypto marketplace. Think Craigslist, OfferUp, etc., where people can buy, sell, and trade items but payment is done in cryptocurrency rather than fiat. We will create a mobile crypto wallet but what sets ours apart is that it houses many of our developments so users have a single access point.
Ultimately, the BNB Fintech team believes that the crypto market is going to continually expand, and point-of-sale and transaction solutions are a key part of making this burgeoning world more accessible to the average customer.
“Through cryptocurrency investing so many out there are changing their lives. We believe that’s not going to cease any time soon,” Hoesch explains.
BNB Fintech will also be having a launchpad presale on Unicrypt, scheduled for October 2nd at 2pm GMT.