Azbit is a banking platform for crypto traders and crypto investors based on blockchain technology. It builds a bridge between the traditional financial world and cryptocurrencies.
Blockchain-based banking is the core element of the Azbit project. Customers will receive P2P loans backed by cryptocurrency portfolios, fiat money banking and financial services, as well as brokerage services offering trading in traditional stocks, forex, options, and money markets. Holding a European banking license will enable Azbit to meet all legal requirements for handling fiat currencies.
The AZ token is based on the Ethereum protocol and fully complies with the ERC20 standard. Supporting this standard ensures compatibility of the AZ token with third-party services and provides easy integration capabilities.