Your Starting Point to Buy Crypto!

bitUSD is a digital token that has roughly the same value as US dollars. Once you exchange your US dollars for bitUSD, you can exchange bitUSD for Bitcoin and other crypto-currencies. It’s even better than US dollars because no bank or government can limit or freeze your bitUSD. You have ultimate control of your money and all the value is stored on your phone or computer!

Hero description logo

How Do I Get Started?

100x Trade - Crypto Gems to Go!
It’s easy. Our first application called 100x Trade powered by bitcashBank allows you to exchange US dollars with others for bitUSD. You can then trade bitUSD for crypto gems like Grin and other coins like Mina, Telos, Fantom, ImmutableX, Siacoin, Avalanche, Solana, Binance Coin, Ethereum, Bitcoin and USDT. Click the link below to register an account with your smartphone!
Sign Up Now

How it Works

Money as a unit of account
Creating money from illiquid assets makes sense. It adds more monetary liquidity to the economy.
Simple Crypto-Collateralized stablecoins
Traditional banks create US dollars out of thin air backed by real estate. We propose a similar yet simpler design to create stablecoins from crypto collateral instead of real estate.
Simple Exchange + Margin Trading
We’ll create a simple exchange market without an order book where users can easily buy & sell bitUSD for EOS, BTC, ETH.
Fixed Peg & Pooled Deposit
By relying on a price feed we can create a stronger peg that doesn’t require governance or interest rate manipulation. We also pool crypto deposits together to simplify trading, lending, and stablecoin creation mechanics that all happen in the background.
Oracle – price feed
We start with an internally operated price feed that provides pricing every 5 or 10 seconds for redemption and trading. The price feed frequency provides our community with relatively recent exchange pricing for trading and to establish the peg.
Stablecoin Tokenomics
20% of the revenue will be distributed to bitcashBank, our network organization DAO, to grow and fund new features and applications. Users who stake collateral will earn 80% of trading, lending, payment income generated from bitcashBank.
Read More

Why bitUSD

You can spend bitUSD as a credit line to buy more crypto or buy goods & services.
If you are bullish on crypto, you can borrow bitUSD to leverage your investment up to 20x.
If you think crypto prices are too high you can temporarily hedge your positions or even short crypto.

Roadmap

0%
Q4 2021 - Beta Launch
bitUSD stablecoin
bitcashATM - p2p fiat-to-crypto onramp
Gems - crypto gem & alt coin swap
Webauthn private key system
0%
Q2 2022 - Token & bitcashBank DAO launch
bitcashBank - DAO and dBoard proposal, discussion and voting system
bitcashBank - multi-collateral deposits (EOS, BTC, ETH)
100x Trade with up to 20x leverage with bitcashUSD pairs with EOS, BTC, ETH
Automated hedging using Nexus API and order router
0%
Q4 2022 - DeFi dashboard
bitcashBank - depositor yield and token distribution dashboard
Crypto Gateway – Peer-to-Peer ATM
After implementing a stablecoin, it will be easy for people to exchange fiat dollars for bitcash one for one in an OTC market. We plan to make it as easy as possible using digital exchange such as Paypal, Venmo, Zelle etc.
Crypto Gateway – Peer-to-Peer ATM
Stablecoins, FOREX + Bitcoin/Altcoin Exchange
Our first stablecoin will be pegged to the US dollar and have off-chain conversions to other national currencies. In the future we’ll create multiple other national currency stablecoins with a focus on countries in Southeast Asia and South America.
Stablecoins, FOREX + Bitcoin/Altcoin Exchange
Trading
Our main focus is to provide an extremely liquid EOS/USD exchange, but we plan to eventually add Bitcoin and slowly add other select crypto-currency coins on our platform.
Trading

Our mission is to financially empower one billion people around the worldOur core values

Truth Representation
Truth
We believe that truth is what we should all strive for and we expect it from all our partners and believe it will be the key to our success.
Transparency Representation
Transparency
We want to be an open book and share everything going on with our business.
Freedom Representation
Freedom
You should have the right to exchange crypto and do business freely with whomever you choose.
Justice Representation
Justice
We want everyone to be treated equally and fairly.
Community Representation
Community
We are inclusive and want you to join our efforts to change our financial futures together.

Core Partners

Jun Dam, MBA - Finance Architect & Business Dev
Gabo Esquivel - Software Architect
Max Gravitt - Blockchain Architect & Smart Contract Dev
Laura Castillo - UI/UX & Product Designer
Roberto Romero - Javascript Dev & Project Manager
Artem Maliuga - Smart Contract Architect & Dev

Advisory Partners

Cesar Díaz - Marketing & Content

Technical Partners

John Heeter @ Boid,Smart Contracts & Backend
Blockmatic.io

Delphi Price Oracle Partners

Cryptolions logo
Alohaeos logo
EOSUSA logo
Eosphere logo
EOS Detroit logo
EOS Argentina logo
EOS Titan logo
EOS Rio logo
Genereos logo
EOS Cannon logo

As Seen In

bitcashBank logo
  • BitcashBank Medium Page
  • BitcashBank Twitter Account
  • BitcashBank Telegram Account
  • BitcashBank GitHub Organization
Buy CryptoGrinHow It WorksWhy bitUSDFeaturesOur MissionbitcashBankDiscord Icon