A cryptocurrency is a medium of exchange like normal currencies such as USD and EUROS but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. The first cryptocurrency to be created was Bitcoin back in 2009. Today there are hundreds of other cryptocurrencies, often referred to as Altcoins.
Put another way, cryptocurrency is electricity converted into lines of code with monetary value. In the simplest of forms, cryptocurrency is a digital currency.
Unlike centralized banking, like the Federal Reserve System, where governments control the value of a currency like USD through the process of printing fiat money, the government has no control over cryptocurrencies as they are fully decentralized.
Prominence Bank Corp. launched our cryptocurrency account to offer digital banking opportunities for our customers.
Our clients will be able to fund our wallet and will be able to transfer funds from their cryptocurrency account to their normal bank account and process regular bank transactions.
Now you can start trading with your cryptocurrency with complete security and confidentiality!!
Download Application for Business Crypto Account here!
Please do not hesitate to ask us. Please also call us or email us to make sure that you will be served with our best services.
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