The crypto banking networks are still in their early stages of development. There were a lot of logistical and developmental issues that were impeding the development of effective one-stop financial and trading solutions for all of the crypto world. So far, we have exchange companies that trade in cryptocurrencies, we have loan platforms that deal in crypto loans, both short term and long-term and we have crypto debit companies that even issue debit cards that work around ATM machines. But, we don’t have one platform for all of these services, yet.

If a system were to claim that it had all of these capabilities and was effectively a one-stop shop for all interested parties in cryptocurrencies, we would want proof of performance before investing in it. Bankera is a new groundbreaking platform that aims to address all these sectors of the cryptocurrency world and offer them in a single, comprehensive platform. It has recently raised an amazing $38 million in its ICO thus becoming one of the most heavily funded ICOs in history.

But why did Bankera command such a level of confidence in investors that enabled them to have such a successful ICO? The reason is that Bankera is an operational fork of the SpectroCoin, an existing cryptocurrency service with over 490,000 clients and over 64,000 debit cards issued to customers. Since they are based on an existing financial system that is working really well, there was a lot of investor confidence in their ICO.

Bankera is aiming to offer a one-stop shop for all financial services. It aims to facilitate cross-border transactions, offer savings and current accounts, low-cost investment products, wallets for storing cryptocurrency, payment processing services and even a new cryptocurrency exchange service all in one big platform. Users can even claim IBAN numbers for transactions which will be a huge boost for legitimizing cryptocurrencies around the world.

The in-house exchanger service is something that will benefit immensely from from SpectroCoin’s previous experiences. SpectroCoin’s goal was to provide a platform where users can trade cryptocurrency easily. Bankera is an approach to adapt to the increasingly volatile crypto trading market by introducing new upgrades and bringing the entire fit and cryptocurrency banking platform under one umbrella.

Bankera’s new platform will start with most cryptocurrencies including Bitcoin, Ethereum, Bitcoin forks, Ripple, Litecoin, Dash as well as various other ERC-20 tokens and NEM mosaics as well. It is also involved in two-way communication with its backers to deliver the kind of product that works for all.

Bankera Token Generation Event

The main ICO of Bankera started on November 27 2017 and has since raised more than 31 million Euros or $38 million in just a few days. The ICO will last till the end of February 2018 but the way things are going, it may end in a matter of weeks. The tokens are called BNK tokens and they are available at the price of 0.017 EUR. A majority of top cryptocurrencies are accepted as payment.