Cryptocurrency: eBit Payment : First wallet in history which exchanges the best FIAT currencies into most popular cryptocurrencies

Technological development in the field of finance is currently one of the most important topics. No wonder - it finally creates virtually unlimited possibilities. Imagine that from now on you can be part of it along with us. Our goal? Innovative payment solutions that guarantee you comfort and convenience. eBit will open for you a world of competitive foreign currencies, fast and cost-effective international bank transfers and payment cards with limit linked to the rest of your accounts. This is the scale of services that traditional banking has guaranteed so far.

Today, thanks to the ICO capital, these opportunities will also be available to you. Blockchain technology has transformed our money into cryptocurrencies such as Bitcoin. Although the beginnings were modest, today the cryptocurrencies market is worth more than $ 220 billion - of which Bitcoin represents nearly half. Many companies use this fact only on a limited basis, focusing only on money transfers or loans. eBit takes it a step further.

What is eBit Payment?

Especially for You, we want to reduce the cost of banking. It was for this purpose that we established eBit - The system for processing payments, built in the blockchain era, which limits the number of middlemen. How does this change benefit You?

So far, the financial services sector has been dominated by companies based on a large number of intermediaries. eBit Payments reduces this number to the necessary minimum, which translates into significant cost reductions.

The Problem

In our current age of globalization and travel, simple forms of payment have become much more problematic to find. This is mainly due to the vast amount of already existing currencies. Every single day, millions of people travel, exchange currencies and are forced to pay ‘the spread’ (a difference between the buying and selling price which allows parties such as large banks and cash exchanges to make a profit).

For example, a simple transaction can have a spread, as high as 12% of the total transaction value, and may have to go through a number of intermediaries, for which the individual must always pay.

The Solution

eBit Payment LLC, offers exchanges, including crypto-currency exchanges, without unnecessary third parties. eBit payment will also offer its own token. We gradually plan to extend usage of our tokens - through ebit coins.

Generally, the goal and the desired effect is to have just one party in the middle — eBit payment. That means, exchanging currencies with the smallest possible spread — a maximum of 0.99%, which is, compared to some other solutions, dozens of times less.

Internally, each user’s account will be displayed in ebit crypto-currency and all transactions will be sent to any of the user-specified currencies, which include various supported crypto-currencies.

A simple scheme of how a transaction instance works:

eBit Payment overview

Vision - eBit Payment - the solution to your payment problems in modern society eBit Payment offers a solution to the problem above - it is the first system to connect payments in classic FIAT currencies with crypto-currencies. We have dubbed it, a personal online currency exchanger in the form of a payment card.

Technological development, specifically in the finance field is currently one of the hottest topics, and with no surprise - it practically creates infinite possibilities.

We created and we innovated, and now we finally have a solution that can guarantee users the simple comfort of usage. eBit Payment will allow the possibility to make fast and affordable international bank transfers and quick purchases with payment cards, that can be managed through the use of an Android or IOS phone. This scale of services can’t be found anywhere else, not even in traditional banking. From now on, thanks to the ICO capital, this capability will also be available for our average users.

eBit Payment is not a bank, it offers much more than standard bank products - the ability to have all your transactions, accounts, and currencies in one place, paying only the minimum price for exchanges, transfers or card payments. Some of the typical features will stay of course. Users will be able to transfer money between each other as well, on top of receiving and sending standard transfers, in all currencies, in real time.

Basic functionality of eBit Payment - our products and their infrastructure

eBit Payment is a project, that includes the following solutions:

Multi-currency wallet
Real-time exchange with access to currency rates
Multi-currency payment card
Online payments
Business app
Cooperative environment

eBit Payment app is a great solution for users that have multiple accounts in multiple currencies and cryptocurrencies, like the USD or ETH, especially if they need a 3rd currency, for purchases, like BTC. Here, with eBit Payment, everything is easier - one application - multiple possibilities - no middle currency or crypto-currency.

Multi-currency wallet in eBit Payment application, with the ability to have one account, that serves as many cryptocurrencies or FIAT currency accounts as needed.

Real-time exchanges with access to currency rates, which makes it easier for users to access all supported currencies, including crypto-currencies and currencies that are locally unavailable in your area. All that, from any place in the world, without the worry of incurring large fees.

Multi-currency payment card simplifies the user's life and grants them the possibility to easily pay or withdraw money at any time, anywhere in the world. In addition, eBit Payment gives the user the unique opportunity to work with multiple crypto-currency accounts - as payment cards aren't directly linked to the user’s accounts, users may freely choose, change and pick whichever card with the desired account, even directly before the payment. Furthermore, offered cards come with the featured possibility of an eBit credit line in FIAT currency, secured with the user's crypto-currency assets.

Online payments in eBit Payment will work instantaneously with minimal transaction fees. Our goal is to support all means of payments, online transfers, card payments and phone payments. Our IT technicians will take care of further encrypting all the user’s transactions properly, which will increase user-security.

Our Business App’s target is uniting companies from all around the world, and helping them maintain contact by simplifying the flow of money. Our steps taken so far, will target encouraging contractors and foreign companies to support each other and their work. For example, through community car rental when needed.

Cooperative environment - creating easy and fast access to office sharing spaces in big cities. As we know, the quality and efficiency of work depends on multiple factors, including a proper workspace. At eBit Payment we are aware of that, which is why we will create a network of coworking spaces, that will fulfill your needs for office space all over the world.

What are ebit tokens?

In return for financing the further development of eBit Payment, the first users are offered the opportunity to purchase new tokens. Access to such funds will allow for immediate acceleration of development. It is also an effective way to bypass traditional, much slower and more region limited, more expensive financing methods.

Token sales timeline

The sale of tokens will cover 21 days. It will begin on November 24, 2017 at 00:00 AM. Delaware time, and will last until October 15, 2017 or until it reaches the target amount — $ 21,600,000.00.

Why us?

eBit Payment team at the time of you reading this document, is already coping with exchange of currencies on-line. Our IT technicians worked for Liberty world and Bank of Republic of Austria within the past. they need additionally expertise noninheritable throughout cooperation with cryptocurrency mine BIT.NXT INTERNATIONAL LLC. eBit Payment system was created to create the group action between cryptocurrency market and a bank cheaper than zero.99% for our users.

Our expertise with money markets and multiple debates with persons leading the cryptocurrency connected corporations diode U.S. into believe, that there’s a necessity to form one integrated system, that may considerably ease all the processes related to payments. One system, one application, various prospects, decree currencies, cryptocurrencies, all of them in one place. Our project, eBit Payment is approved by multiple qualified professionals all across the world. The team of eBit Payment consists of crypto enthusiasts, World Health Organization on everyday use cryptocurrencies, all of them ar IT professionals with smart data of economic market.