iBank (IBANK)

What Is iBank Cryptocurrency Coin? iBank is a newly launched cryptocurrency coin developed by a group of investors and technologists based in China. The iBank is based on digital asset technology, similar to Bitcoin and Etherum, the two most popular cryptocurrencies. The coin seeks to revolutionize the digital asset sector and decentralize the global financial market. It utilizes a blockchain platform that enables trustless transaction settlement and is secured by the cutting-edge cryptography. Who Founded It? iBank was founded by an experienced team of developers and entrepreneurs. Founded by engineers from Alibaba, 360 and China Unicom, the team is comprised of experienced technology and financial industry professionals that strive for efficient and transparent operations. The team also includes experienced founders from financial services and blockchain industries, who specialize in the development of cutting-edge technologies and products. What Makes It Unique? iBank stands out from other digital asset technologies due to its improving data privacy and security, as well as its ability to offer fast, near-instant transactions. This is done by utilizing a cutting-edge blockchain technology that supports trustless transaction settlement. iBank also uses a distributed ledger system known as a “proof-of-stake” system, which helps provide faster transaction times, cheaper fees, and stronger security than other cryptocurrencies. Where Is It Used? iBank is currently being used within the iBank network, which is a decentralized exchange platform that allows users to execute peer-to-peer trading. In addition, the coin is also accepted by over 700 merchants as a form of payment. Currently, iBank is used to make investments, purchase real-world goods and services, and hedging against market volatility. Where to Buy/Sell It? In order to purchase iBank, users are able to utilize a variety of services such as exchanges and brokerages. Currently, the cryptocurrency is supported by major exchanges such as Huobi, EtherDelta, and Bitfinex. There are also a variety of brokers and OTC services that are available to purchase the coin. All transactions made with iBank are considered taxable transactions and it is important to consult with a tax professional to ensure proper filing and reporting of transactions. Overall, iBank is a leading digital asset technology that is revolutionizing the digital asset market. With its fast, secure transactions and low cost, the coin provides users with a reliable and trustworthy way to access the digital asset market. IBank provides an opportunity to invest in new and exciting digital asset technologies that could potentially revolutionize the financial market in the future.