Hmmm, more like a token bank which will use its own token.
And the fees...god !!!!!...the feees !!!!
https://eqibank.com/fees/Annual Fee: Accounts <5M Maintenance 1000
Wire Transfer Fee: 100
I hope there are quite a few of extra zeros in that table or it's some sort of
Aprils Fools Halloween joke !
Lol yeah what are the tokens for if they already keep your cash and crypto for you? It makes much more sense to use those for whatever you might need. The memberships also feel like they just want you to buy tokens.
But yeah, the concept might be intriguing, but I can take care of my crypto myself so I probably won't be in the market for this kind of banking anytime soon. I can see this being quite polarizing.
Crypto Banking, Why? The driving force behind this interest isnt so much the cryptocurrencies themselves, as it is the technology that the industry is built on Blockchain!
And also, EQI is going to have an built-in exchange, so you would have everything on one place, check this out
https://nulltx.com/are-banks-really-using-blockchain/The fees are quite high. What's with that? It almost costs more than a bank would pull out of your account when your wire transfer money to be made by them. That's just another 'licensed platform' who's gonna milk out their potential customers some fees. Lol and that just killed the very concept of why blockchain technology exists.