DeGeThal - A DeFi Product that will allow using Cryptocurrency for Daily Needs

cryptoinmind (30)in #defi • 3 years ago (edited)

Overview

Financial and banking services are still not available to the population of many countries of the world. Individuals who have never gotten access to financial services have been given the opportunity to use payment services thanks to the advent of cryptocurrencies. The emergence of DeFi projects has provided new opportunities for users of digital assets. DeFi helps to solve many existing problems of the modern world, making it more democratic and accessible to people, providing access to financial services to a wide range of people who previously had no access to these services. DEX cannot interact with fiat funds. That is why stablecoins are traded on DeFi exchanges, which are backed by real fiat assets. To make financial experience easier DeGeThal came into existence. The DeGeThal ecosystem is trying to solve the existing problems of the modern financial system with its toolkit of hybrid crypto/fiat solutions for retail use and organizations.

What is DeGeThal?

DeGeThal ecosystem creates a favorable environment for secure payments in cryptocurrencies and fiat assets, for trading fiat and digital assets, for accepting payments, making financial and banking services available to all users regardless of their place of residence, citizenship, education and level of wealth.

DeGeThal Vision

Vision is to create a DeFi product that will allow using cryptocurrency for daily needs, to provide the opportunity to make everyday payments by combining cryptocurrencies and fiat. By combining fiat funds with cryptocurrency, you can quickly, safely and cheaply make transactions around the world.

Features of DeGeThal

DeGeThal ecosystem is link cryptocurrency with fiat in order to create a convenient payment tool based on a multi-currency wallet that supports bank cards and bank accounts that would allow users to make payments from one wallet around the world, to use ATM to withdraw and replenish the wallet, to make fast and cheap payments around the world, to exchange and convert cryptocurrency and fiat.
Gives an opportunity to earn money using the staking program, liquidity pools, user incentive programs, as well as offering numerous benefits to participants of the staking program and DTM holders.
To provide users more opportunities DeGeThal creating an application that allows everybody to open a bank account, make transfers, and convert the national currency of different countries.
In the application, you can connect and use VISA/MasterCard bank cards for payment, and create virtual cards. The application has a cryptocurrency wallet, which will later be integrated into a Centralized exchange (CEX).
In order to provide users with the widest possible range of banking services, an e-banking license will be obtained. This will allow the DeGeThal wallet to be a reliable and secure means of payment that meets regulatory requirements and is able to work with both cryptocurrencies and fiat.

Ecosystem of DeGeThal

1.DeGeThal Wallet

The DeGeThal wallet is an important part of the DeGeThal ecosystem. The DeGeThal wallet is a multi-currency wallet that allows users to safely store and transfer cryptocurrencies and fiat. The wallet is integrated with bank cards and bank accounts to ensure the interaction of cryptocurrency with fiat.

Features of DeGeThal wallet

. Integration with bank cards and bank accounts allows users to make payments from the wallet around the world, withdraw cash from ATMs, and instantly exchange cryptocurrencies to fiat.

. In the wallet, the user can independently set an account from which funds will be debited when making payments in the first place by simply drag and drop option.

. If there are not enough funds on the main account to make a purchase, the missing amount of money will be debited from the second account, third and so on.

2.Exchange (CEX) with a liquidity pool

DeGeThal creates its own CEX exchange with a liquidity pool that provides instant exchange of digital assets inside the wallet. In the DeGeThal world, sending any listed cryptocurrency into the platform can be easily done only by using a username, the system making the allocation of the asset straight into your account. Only when interacting with external wallets the full address will be required.

3.Payment Gateway

For those companies that want to expand their payment abilities and offer their customers a wide range of payment methods, DeGeThal offer a payment gateway. Through DeGeThal online stores and various services can accept not only fiat, but also cryptocurrencies.

Cooperation with DeGeThal will allow businesses to minimize their costs for accepting payments and make transfers worldwide, providing high security of money transfers and allowing partners to accept funds from any place of the world. It will significantly expand the customer base of online stores and services.

4.NFT marketplace

DeGeThal having an own NFT marketplace with the ability to create NFTs, promote them, sell and buy NFTs provides users with additional opportunities for creativity and for earning money.

What is DTM Token?

The DTM token is a key element of the DeGeThal ecosystem, which plays an important role in the creation and further development of the platform. DTM unites the DeGeThal community and serves as an important incentive element that allows users to get even more profit.

Tokonomics

Token Name: DeGeThal
Token Ticker: DTM
Network: Binance Smart Chain
Total Supply: 100,000,000 DTM
Available for sale: 50,000,000 DTM

Utility of DTM Tokens

. Payment of commissions of the DeGeThal platform for cryptocurrency transfers
. Payment of commissions in applications deployed in the DeGeThal ecosystem
. Payment for the services of the DeGeThal ecosystem
. Payment of the staking program for DTM token holders
. Payment for the referral program
. Reward payments to encourage users to actively participate in the work of DeGeThal
. Using the token on the trading platform as leverage
. Payment for marketing campaigns

Why to use DeGeThal?

Below are the advantages that distinguish DeGeThal from other platforms.

DeGeThal is a DeFi ecosystem that includes a wallet with the ability to make or connect bank cards and bank accounts, a trading platform that allows users to trade digital and currency assets, an NFT marketplace, and a gateway for accepting payments in cryptocurrency and fiat.

DeGeThal is a great opportunity to receive passive income for users through the staking system. It also allows earning money for liquidity providers.

Having carefully analyzed the market and its needs, DeGeThal creating a financial product that will allow us to connect modern blockchain technologies with the traditional financial system and the banking sector, thus significantly expanding the opportunities offered by classical finance.

The platform's activities are done on the basis of an e-banking license and regulatory requirements. All operations can be tracked in your personal account. Everything is simple and transparent here.

Conclusion

DeGeThal's financial and banking products are available to users from all over the world, regardless of their social and economic differences, level of well-being, experience, and education. This makes DeGeThal a really popular and democratic project, accessible to everyone. The presence of a payment gateway allows all stores and services connected to the DeGeThal ecosystem to accept payments around the world, which significantly increases their customer base and the area of services provided, making their business more competitive

DeGeThal - A DeFi Product that will allow using Cryptocurrency for Daily Needs

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