World’s First Bitcoin Friendly Bank NextBank Announces Upcoming Launch

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World's First Bitcoin Friendly Bank NextBank Announces Upcoming Launch Establishes "NB Formation Company" (PRNewsFoto/NextBank)
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NextBank claim to be the world’s first Bitcoin friendly bank, has a mission to provide advanced banking services for cryptocurrency users and say they will make no difference between the fiat and crypto currencies.

The operation, registered with Vanuatu Financial Services Commission, plan to launch in early 2016. Nextbank say they will offer international Debit Cards, accounts denominated in fiat and Bitcoin, SWIFT transfers, an escrow service, currency exchange, and much more and their currency conversion charges will range from 0.2% (popular currencies) to 0.4% (less popular currencies) which is well below banking rates of 3-5 percent.

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Furthermore, NextBank say they will offer cryptocurrency and precious metals on single multi- currency accounts. Accounts will support over 135 currencies and precious metals. Bitcoin, Litecoin, USD, GBP, gold, silver, platinum and palladium in one account within one bank. And users will also enjoy up to 60 months without any storage fees.

NextBank will assist clients in 50+ languages and plans to launch seven offices worldwide in 2016 in the UK, France, Germany, Spain, China, Malaysia and Russia.

NextBank will make financial procedures less complicated for the Bitcoin community offering private or business accounts for cryptocurrency operations. Users can open account in less than 90 minutes. In most cases it will be enough to provide a passport, utility bill and fill out a short application form. Photocopies are accepted and originals are not required. After successful documentation upload, applicants will have a virtual interview (10-15 minutes). Clients will receive account details, online banking and a unique access code, to help generate one-time passwords before the end of the interview.

NextBank is independent from any financial institutions. Anyone has a great opportunity to take part in the cryptocurrency revolution and become a NextBank shareholder. One stock share price is $100. There are 250000 stock shares. As a result, investors will receive 1/250000 of NextBank profits. Dividends will be paid in fiat currencies or Bitcoin.

Furthermore, there are many different bonuses for shareholders. For example, priority account opening, priority application processing or up to 60 months free-of-charge banking.

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News put him in the top 10 Token Architects in Europe.

Kastelein has an Ad Honorem - Honorary Ph.D. and is Chair Professor of Blockchain at China's first Blockchain University in Nanchang at the Jiangxi Ahead Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business Automation 4.0 programme.  Over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division.

Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, Prague, San Mateo, San Francisco, Santa Clara (2x), Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich.

He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com, and his work and ideas have been translated into Dutch, Greek, Polish, German and French. A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world. In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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