First Bitcoin Bank Announced

     Bitcoin Media Release: NextBank is the first bank in the world to recognize Bitcoin and include it in the category of circulating currency. The purpose of creating this bank is to provide better services for virtual currency users. In NextBank, there is no difference between traditional currency and encrypted digital currency.

Cryptocurrency is legal

     NextBank believes that blockchain technology and cryptocurrencies have a bright future. We provide a new bank for individual and corporate Bitcoin users. As we all know, the word "Bitcoin" has a special meaning for bankers inside and outside the EU.

     Unfortunately, however, users who use bank accounts to trade Bitcoin often have their accounts frozen. In addition, the best case scenario is that the account is not frozen directly, but a 60-day notice is received from the Banking Supervision Department.

     When using a bank account to trade Bitcoin, the risk of fraudulent payments (payment and then refund) is very high. Once a user makes a Bitcoin transaction, a traditional bank will immediately freeze the user's account without investigation. In addition, the user's bank account property will not be able to be withdrawn for a period of time.

     Finally, once the word "bit" or "bitcoin" appears in the user's transaction description, his bank account will be frozen and his previous credit record will be destroyed.

It's time to make a change!

     NextBank simplifies the transaction process for Bitcoin users. Our bank provides virtual currency trading services for private and commercial users. Our bank has no branches, but all our services can be provided to users around the world through the Internet. Account opening can be completed within 90 minutes.

     In most cases, it is sufficient for users to open an account by providing their passport, bills and filling out an application form. Copies are accepted, but originals are not required. After the documents are successfully uploaded, the user will undergo a virtual interview (10-15 minutes). At the end of the interview, the user will be given their account information, online banking and a unique password that can generate temporary verification codes for the user when making transactions.

The bank includes more than 135 currencies and precious metals

     NextBank is considering expanding its business to the world. Traditional banks charge me 3-5% for currency conversion. NextBank charges 0.2% for common currencies and 0.4% for uncommon currencies. Finally, I would like to add that the transaction is very cost-effective.

     In addition, NextBank offers multi-currency accounts with both virtual currencies and precious metals. Imagine bitcoin, litecoin, gold, silver, platinum and palladium can all exist in one account at the same bank. How convenient! Users will also enjoy 60 months of free storage fees. NextBank's interbank transfer service has a very high service quality. NextBank also offers bitcoin transactions and other unique services.

All services are available in more than 50 languages

     Those so-called "international banks" can only provide services in one or at most two languages, while NextBank is a truly global bank. We are honored to provide services in more than 50 languages. Online banks with multilingual services will attract more users.

     Our bank staff are always ready to communicate with customers in their native language. Banks have been around since the 14th century, but the banking system has not changed much. We are working hard to meet the needs of customers in the 21st century. The ultimate ideal in the banking world - NextBank.

Fund Raising

     NextBank is independent of other financial institutions. The bank is open to investors from all over the world, and investors can enter the virtual currency industry by becoming shareholders of NextBank. The share price of a stock is $100, and there are 250,000 shares. Therefore, a shareholder who owns one stock will be able to get 1/250,000 of NextBank's profits. Dividends can be returned to shareholders in the form of traditional currencies and Bitcoin.

     In addition, shareholders have many other benefits. For example, shareholders can enjoy priority processing and 60 months of free storage fees when opening an account.

     Fundraising activities began in October 2015.

About NextBank

Dim Voloshinsky, a former co-founder of a financial services company, had the idea to change the banking landscape after misunderstanding high street banks. He has been a Bitcoin enthusiast and investor since 2012. Celine Neves, former CEO of Vanuatu Private Bank (which was recently sold to foreign investors), will serve as CEO of NextBank. NextBank Foundation expects to receive a banking license in Vanuatu in early 2016 and to officially launch the bank and start operations in the first half of 2016.