Instant Fiat and Crypto Swaps - How some banks are bridging the gap for users - VICTORIEUM

Instant Fiat and Crypto Swaps - How some banks are bridging the gap for users - VICTORIEUM

Instant Fiat and Crypto Swaps Join Victorieum


Cryptocurrency runs on a blockchain technology which is a decentralized platform - unlike Traditional banking sectors. Cryptocurrencies are playing a huge role in day to day financial transactions but the traditional banks are imposing several rules and regulations that are stopping from fiat to cryptocurrency swapping and vice versa.

Cryptocurrency is creating a revolution when it comes to the financial transactions across the globe but with so many rules and regulations, lack of the contextual information around the transaction, anonymity, and lack of customer service and full banking services are the main issues that are faced by cryptocurrencies in the present situation. There are so many monetary benefits with cryptocurrencies which will help in the improvisation of economy of the countries too but most of the countries are scared of the above mentioned consequences and aren't ready to invest in these currencies. This is how a gap has been formed between the users and cryptocurrencies. In order to bridge the gap, a new age bank named Victorieum entered into the market.

Victorieum is an offshore bank which supports various types of cryptocurrencies without any hassle and trades them with different type of fiat currencies. Any user who registers themselves with Victorieum bank will get a separate International Bank Account Number (IBAN) and the Bank Identity Card (BIC). These are used as account number and sort code. They are provided in the internationally recognized format. These account number and sort code will aid the international transactions and make them easier.

The technology that has been used in Victorieum helps in easy and instant international SWAP between the fiat and cryptocurrencies. The bank supports varies fiat currencies including EURO, USD, GBP, etc. On top of that Victorieum provides its services for customers in 12 languages and the service is available 24/7. This will help the customers who are in various time zones to get access to the customer service without any fuss. The ICO investors are rewarded with free Victorieum credit and debit cards that will help in transactions. These cards are available in three variants including silver, gold and platinum cards.

Benefits of Victorieum Bank

There are huge benefits of Victorieum bank to its users. It delivers the following features

  • The Victorieum exchange is connected with the Victorieum bank and this result in fast fiat deposits and withdraws. The transactions are done fast and smooth.
  • The team of Victorieum bank is highly professional and knowledgeable. This helps in easy management of the trading.
  • Platforms like CivicTM and Trezor TM are integrated with Victorieum and this will help in providing the users with highest security to their money.
  • There would be instant swapping between the fiat and cryptocurrencies. At first the exchanges will be made with EUR and USD. Various other fiat currencies will be added further.
Victorieum is a new age bank that provides various latest and innovative features that will help in using the cryptocurrencies for everyday transactions.

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10 Reasons I'm Learning Spanish

Why is learning Spanish so amazing?


I made the decision to attempt to become fluent in Spanish once I started college. As my first semester comes to a close, I have grown more and more excited about the idea of fully understanding this beautiful language! Here is why I have decided to learn Spanish!

1. The history

The history behind the Spanish language is deep and rich! By learning the language, it is easier for me to understand the history behind it.

2. It's a beautiful language

If you've ever heard a native speaker, you know that Spanish is beautiful and unique!

3. Learning a language makes you smarter

It's a proven fact that learning multiple languages challenges your brain and in turn makes you smarter!

4. The world is changing

The world is changing every single day, by learning other languages it is easier to adapt to these changes.

5. Language opens doors

Language opens so many doors. Learning Spanish teaches me more about my own language too and connects me to so many more people.

6. You become more valuable

Employers are looking to hire those who speak multiple languages. By learning Spanish, you make yourself that much more valuable in the work place.

7. You can speak to more of the world

Learning Spanish allows you to communicate with millions and millions more people worldwide. That's pretty awesome.

8. It's exciting

Learning a language is exciting and rewarding! Especially when you master a concept!

9. Teach future generations

If you learn a language, you can teach it to your children and make future generations more knowledgable of the world around us! That's pretty cool!

10. Language is understanding

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Experts agree gold is the strongest investment today.

What happens when it meets the power of blockchain


Gold has been an object of intrigue, fascination and interest for human kind for many a thousand years. It has been the coveted metal of choice for both ornamental value as well as for investments. In the rapidly changing volatility of the world economics, gold has time and again proved to be the most definitive and dependable investment for the long run. Some of the important factors that have made investment in gold a winning strategy are:

● It's ability to act as a diversifier to compensate for losses during a market crisis.

● Provide higher risk adjusted returns through systematic and planned investments.

● A proven asset that has always outshone the prevalent currencies.

Just as in the case of world economics, the global technology scenario too has been an ever evolving one. With constant innovations and development, the road to a brighter future is now a distinct reality. Add to it the advent of decentralised technologies such as the Blockchain and the world dynamics of technology takes a whole new dimension for good. Imagine the stunning possibilities of a system that combines the value and profitability of the illustrious gold mining industry with that of the blockchain technology, and what you get is an opportunity to invest in a future that can only offer higher yields in return. Welcome PMMSA.

Paraguay Mineral Mining SA (PMMSA) is a company that has been formed with some of the finest brains of the industry to excavate gold from the rich areas of Paso Yobai. Located at a distance of 150 kilometres from the capital city of Asuncion, Paso Yobai is one of the most promising gold sites of eastern Paraguay. The locals residing in the area have now decided to sell the gold rich areas to prospective buyers since the 30% excavations of gold executed by them is all they could manage given the limitations in machinery and equipment.

PMMSA plans to excavate 83.37 hectares of gold rich areas of Paso Yobai from the APM (Association de Mineros Pequenos), the group formed by the locals when the excavations were initially started. PMMSA understands the potential of the gold deposits and has hence completed the required geological surveys along with drilling equipment to sample the deposits from its test planet which is already operational in the target zone.

PMMSA believes in the potential of the power of decentralised technologies and has hence decided to raise the funds required for land purchase, excavation, building the necessary infrastructure and building a main plant at the site through the blockchain technology by offering the ORET token through ICO (Initial Coin Offering). The ORET token is an Ethereum based ERC20 token standard and has the following accredits:

● Each ORET token is priced at $0.50 USD

● $150,000 USD worth of ORET is the maximum permissible purchase value for an individual.

● The tokens hard cap is set at 12,500,000

● To be sold through an Ethereum based Smart Contract

● Purchase is through Ethereum

ORET tokens to be offered through both Airdrop as well as ICO with the latter forming 96% of the total sales.

● Comes with the blockchain benefits of transparency, reliability, safety and security

ORET tokens cannot be purchased by residents of USA and China

Project stages

PMMSA plans to complete the excavation in three well-planned stages formulated through detailed satellite imaging technology, ground analysis reports and sampling on its test plant.

Experts agree gold is the strongest investment today. What happens when it meets the power of Blockchain.

Phase-1 aims to cover 43 hectares with an expected output of 319,102 ounces of gold.

Phase-2 aims to cover 24 hectares with an expected output of 212,734 ounces of gold.

Phase-3 aims to cover 10 hectares with an expected output of 106,367 ounces of gold.

The estimated cost per stage stands at $6,000,000 USD, $4,000,000 USD, and $2,500,000 USD respectively.

PMMSA has taken care of its investors through its innovative profit sharing program the details of which are listed below:

● The company aims to sell the excavated gold each week in USD.

● Of the weekly net profits, 45% is converted to Ethereum and given to token holders weekly.

● Starting from the second year, 40% of the weekly profits are given to token holders every week. The reduction in 5% is for raising further capital and development and is assured to more than compensate with higher yields once the main plant becomes operational.

● For the token holders to receive the weekly profit, the ORET tokens need to be stored on an ERC20 compatible wallet and should not be listed on any exchange at the time of weekly snapshot.

● Returns are assured to be substantial post the first 6-7 months of operation once the main plant is fully functional.

PMMSA has redefined the gold mining industry through ORET tokens based on the revolutionary blockchain technology. The combination of a high yield time tested industry with that of a futuristic technology is indeed the beginning of a new era in the gold mining industry. PMMSA is set to alter the gold mining sector forever and is well on its way to be a leader at that.

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