Quote from: NotLambchop on May 27, 2014, 07:09:51 PM

Quote from: Crypto Financial on May 27, 2014, 06:54:52 PM

Crypto Capital will provide several "getaway options" for you to Fund your account.

We do not work with a single bank, but a network of banks. Once you open an account with Crypto Capital you may fund your account based on your location and preference.

Thank you,

CFIG

Could you elaborate on the mechanics of this? I don't get it.

1. You sign up with Crypto Capital. Once approved your receive your own private Fiat bank account with your own unique IBAN (International Bank Account Number)

2. You log into your online account and click Fund My account. Based on your location a Funding option will be provided. i.e. Send fund to your account with this IBAN number etc...

3. The Funds are credited directly to your account in USD, EUR or whatever currency you choose to open an account in.

4. Since you are already a verified customers, you may choose any of the exchanges that we work with, you do not need to verify yourself again.

5. Sign up with any of exchanges and fund your account directly, instantly, since they also have an account with Crypto Capital.

6. Want to withdraw your funds from the exchange, no need to wait for days. Submit a withdrawal request and the funds will be back in your Crypto Capital account in minutes.

The idea is to allow exchanges and their users an easier, faster way to interact and to bring several international exchanges more liquidity. You as a bitcoin supporter would not think about trading on a Mexican Bitcoin exchange, or a Canadian one. May be too much hassle to get verified and fund your accounts at those exchanges. With Crypto Capital you can support multiple exchanges world-wide in multiple currencies. The only way to grow adoption in other countries is to provide exchanges that will operate in the countries language and currency. We believe that our solution would provide for that adoption.

We are only one of many ways you can purchase and trade Bitcoin. To state that its a central point of failure could be said about any large exchange or company like bitstamp, coinbase or circle. There is plenty of room for companies to grow. Our target market is the international exchanges that wants to provide the software rather than become a financial service company.