As part of its development, Feed System has been working on the possibility of creating a banking tool for several months.
The thought behind the tool was to create something capable of meeting the needs of cryptocurrency holders, and capable of initiating neophytes.
Additionally, it would be providing the solutions necessary for the management of financial transactions within the Feed System application which will be launched in 2022.
Many functionalities within theFeed System application will require payments, transactions, staking solutions, and the establishment of a gateway.
Feed System wants to offer customers a complete, efficient tool that adopts the forms of transactions by credit card, cryptocurrency, and SEPA transfer.
The main issue needing solving was the reconciliation of the fiat and crypto ecosystems in a single tool.
After several months of development and research, Feed System announced the launch of Noe Crypto Bank, one of the first crypto banks of its generation.
Customers will be able to create an account in five minutes, pass the KYC in a few moments, and will be able to instantly generate a European IBAN in the application allowing them to receive and send funds in SEPA format.
Features will include buying or exchanging cryptocurrencies, staking tokens, and cryptos, using a very advanced AI market prediction tool.
The increasing utility was imperative Feed System strongly believes in the adoption and potential of cryptocurrencies in the global financial ecosystem.
Feed System will be giving users the option to spend their fiat or crypto assets via a Visa debit card that will be compatible with the mobile wallet system.
Users will also be able to generate their own virtual card within their secure space.
A native token ($NOE) has also been created. This token is the flagship of the project with deflationary tokenomics which will be a central player in the daily management of transaction fees.
This token will enter the Visa program, allowing holders to spend it in more than 180 countries — wherever the VISA debit card is accepted.
Feed System plans to launch the crypto bank on iOS, Android, and desktop in quarter two of 2022.
The presale of $NOE Token kicks off on PinkSale on Friday, February 11, 2022.
Join Feed System on Telegram here and visit the official website here.
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Source: https://beincrypto.com/feed-system-launches-banking-services-subsidiary-noe-crypto-bank/