Where Can You Find Effective Crypto Banking Solutions?
In this new era of cryptocurrency, which has a wide variety of use cases across different industries, a payment network and crypto banking solutions that facilitate fast, safe, and secure global payments has never been more important. If you are an institution involved in digital assets, you’ll need a gateway to FX and crypto markets and access to payment rails.
At BCB Group, we strive to provide solutions that don’t just facilitate activity, but also create a conducive environment for our clients to succeed. Our bank grade infrastructure products are setting the standard for operational best practice in digital asset markets. With regulation-first institutional principles we keep striving for better in our constant quest to improve our own service while contributing to the industry at large.We believe that the future of the cryptocurrency industry is one that is incredibly bright with phenomenal innovation now available for traditional finance and current players already part of the ecosystem. If you would like to get in contact with a member of our expert team here at BCB Group, we encourage you to complete our online contact form. By completing this form, our team will have a base understanding of your requirements and situation, and can therefore provide you with the most effective assistance possible. You can also read our Insights posts, which are designed to provide our readers with the most up-to-date news, events, and developments occurring across the industry.
What Makes Effective Crypto Banking Solutions
In order to enter the crypto markets, one of the most crucial things you’ll need is a reliable payments infrastructure that can facilitate transactions whenever you need to send or receive money. Many traditional banking solutions cannot accommodate businesses that work with digital currencies and digital assets. A challenger bank or crypto banking partner will be able to provide your business with the payment infrastructure it needs for operations and trading, alongside any FX or crypto trading services it may need, as well as digital asset custody.
With BCB Group, you’ll get a complete set of products and services designed to facilitate your activity in the digital asset markets. By opening a BCB Business Account, you’ll be able to manage payments, operations, and trades with fiat currency and cryptocurrencies. Along with fiat currency accounts, we support wallets and custody for major cryptocurrencies, stablecoins, and other digital assets. In addition to our expert team, we have a number of resources available to you right here on our website to help you understand the intricacies of digital currencies with more clarity. BCB’s BLINC system, which facilitates instant transactions between all our clients within the BCB ecosystem, is one of our most powerful tools. This is the first-ever instant settlement network in the European crypto industry, which means we’re pioneering free, real-time transactions. This kind of innovation keeps our clients ahead of the curve.
Here is some of the key information about our BLINC network:
- The BLINC network provides real-time transactions across fiat and digital currencies – this means you are not losing time due to processing delays.
- Domestic and international transactions can be handled using the unified architecture, including fiat payments, crypto payments, cross-currency transactions, security tokens, and smart contracts, all for no additional charge.
- Any of the currencies we support can be settled instantly.
BLINC is available to all clients in the BCB ecosystem, allowing users to pay one another at any time – this 24/7 functionality allows you to stay active at a time that suits you, not one dictated by the market. Irrespective of whether you’re a major crypto exchange, a market maker, a lender, a funds broker, or a trader, the BLINC network is sure to be your most valuable asset within the BCB service suite.
Some of the features that you’ll have access to within BLINC are:
- FPS, SIC, SEPA, and SWIFT access, which allows for off-network fiat transfers, both ingoing and outgoing
- Free account funding, which helps you to avoid fees and maximise returns
- Free transactions
- A service that’s heavily backed by leading banks and digital asset custodians
- Market-leading rates for your FX conversions
- Institutional spread on fiat-crypto conversion
- Segregated accounts for all of our clients, helping you to view your positions in the clearest way possible
- Segregated digital asset wallets allow you to keep your different holdings separate
- Real-time clearing
- Reduced costs
- Reduced operational and settlement risks thanks to our high security and AML protocols
- Reduced counterparty risk keeps our client’s money safe
- Costs associated with AML and KYC/KYB are significantly reduced, as all participants in a transaction will already have been subject to rigorous checks when first entering the BCB ecosystem.
BCB Group’s Business Accounts are Safe, Secure, and Practical
With a BCB Business Account, you’ll have access to everything you need to facilitate effective, efficient actions relating to cryptocurrency, digital assets, and fiat currency transactions. Whether you’re looking to invest or trade, our accounts will ensure that you’re able to track and monitor your activity in real time, enabling you to make crucial decisions regarding your positions whenever you need to. With 24/7 access to your account and our markets with a BCB Business Account, you’ll be free of opening time restrictions that are commonly faced with other providers and platforms; instead, you’ll be able to trade at a time that’s right for you.
If you’re ready to commit to a new crypto banking solutions partner in 2022, be sure to give our team a call, or fill out the contact form right here on our website – our expert team respond to all enquiries in a timely manner, helping you to find the information and guidance that you seek.