In the volatile world of cryptocurrency where values of digital monies can be at an all-time high in one moment then crash down to historic lows the next, only a few financial companies can endure the never-ending rollercoaster.
Among those comfortably along for the ride and even sitting up front is London-based fintech company, Black Banx.
Founded in 2014 by German billionaire Michael Gastauer, Black Banx is one of the few global fintech outfits that has not only entered into crypto payments and digital currency trading, but has somehow thrived despite turbulence in the market.
Solid footing amidst the uncertainty
Officially launched to the market in 2015, Black Banx continues to be driven by the commitment to creating and growing a borderless financial system where money can flow freely and is accessible to everyone.
In a remarkably short span of time, Black Banx earned the patronage of millions of customers. The quick turnaround has led to Black Banx’s valuation reaching as much as US$9 million, and giving it the foundation it needs to expand—and maintain—its services in the crypto currency space.
A foundation built worldwide
With a global perspective at its core, Black Banx established its presence in over 180 countries, reaching both large markets and comparatively unbanked communities to offer innovative borderless banking solutions.
This ever-growing reach has not only solidified Black Banx’s position as a go-to international bank, but has provided it with multiple assets in multiple financial markets. In the event that a downturn is being experienced in one, the company has others to turn to and maintain the flow of revenue.
A comprehensive currency catalog
One of Black Banx’s most distinctive features is its ability to seamlessly handle cross-border transactions, blurring the boundaries between nations and currencies. Offering private and business accounts in 28 FIAT currencies and 2 cryptocurrencies, Black Banx empowers its customers to transact effortlessly, whether they are navigating their local financial landscape or traversing uncharted territories.
This remarkable flexibility propels the company forward. Unlike traditional banks who use traditional currencies, or their crypto counterparts who only deal in digital currency, Black Banx’s access to both allows the company to adapt and thrive in an ever-evolving financial ecosystem.
Turbulent (crypto) current storm
While issues such as lack of regulation has the cryptocurrency industry being plagued by constant turbulence, Black Banx stands tall amidst the confusion, and remains able to take risks and tap the potential of the market.
The company’s visionary leadership and its unwavering commitment to security and stability have shielded it from the whims and fancies of this volatile space, while its rapid growth and increasing revenue has provided it the safeguards to ensure its business as usual for the company and—more importantly—its loyal customers.
Black Banx has expertly navigated through various market cycles, emerging unscathed and even stronger with each passing storm.
Despite the crypto industry continuing to grapple with uncertainty, Black Banx continues to be a steadfast example of how diversification within finance is the proven way to secure the business’ and customers’ assets while still taking advantage of the opportunities which cryptocurrency presents.
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