Keep your coins in a safe place

Problems

CitaBit team has done profound research and resulted in the following conclusions:

Exchanges:

• Liquidity problems
• High volatility of crypto assets
• Earnings based listing scheme
• Lack of security, widespread fraud and hacking attacks to exchanges and users
• Low withdrawal speed
• Lack of investors' knowledge
• Work is not in the legal field

Banks:

• Lack of transparency
• A large number of intermediaries
• High fees
• Bureaucracy and regional restrictions
• Limited opportunities for investors
• An apprehensive attitude to the cryptocurrency sector

CitaBit All-in-one solution

CitaBit’s idea is to develop an All-in-one solution providing users with the following benefits:

• High security level
• Low fees
• Various banking services without intermediates
• Virtual debit card to conduct cross border transactions without region limitations
• A large number of trading tools
• Work in the legal field

Digital Safe

One of the most important challenges for all cryptocurrency users is safety. However, exchanges cannot provide for users complete security and they still become victims of hack attacks. To deal with this significant issue, CitaBit has decided to introduce a digital safe feature. How will it work?

• The user chooses the amount of cryptocurrency he wants to store in a digital vault and the exact date of unblocking. Their funds will stay unmovable even if their accounts are compromised. Also we will allow traders to hide this amount from their portfolios.
• Another way to store funds in our digital safe is to choose the amount to be stored and create a special password. Once the password is entered, the funds will be unblocked.