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 !
If there really are such fees in this cryptobank, then we do not need such banks. What is the point of such services with such prices? How would this bank be different from the greedy ordinary banks that we criticize?
The very need for crypto banks will still be time tested. It is still difficult to say whether cryptobank services in cryptocurrency will be in demand.