Kriptoks

Arabic Cash (ABIC) is an independent decentralized financial project that operates based on the principles of loans and deposits. The project's main goal is to attract new fundings to the digital economy while offering a range of decentralized financial services. With a focus on building a decentralized exchange, Arabic Cash aims to offer farming, staking, and lottery services to its users.

The project's vision is to become a stable cryptocurrency that enables token holders to make confidential transactions, payments, and securely store their assets. Moreover, the project aims to serve as a balancing tool between trading parties and as an alternative to fostering friendly relations between countries worldwide.

As per the official documents, the financial services industry's high transaction costs have led to several problems, including slow transactions, lack of transparency in financial instruments, inaccessibility and high costs for low-income individuals, and excessive bureaucracy and complex financial monitoring that has impeded trading flows worldwide. To tackle these issues, Arabic Cash allows people to trade in developing countries, thus facilitating global trade.

Arabic Cash's native digital token is ABIC, which operates on the Binance Smart Chain following the BEP20 standard. Token holders can use the token to pay for commissions for each transaction activity that occurs within the ecosystem. Additionally, the token enables currency transfers in large volumes, which is essential for businesses.

The platform's technology is interfaced with many global digital networks in the crypto industry, enabling the token to be available on different wallets and exchanges, according to official documents.

The core team behind Arabic Cash comprises seven people based in Dubai, and over forty people have worked on the project in the US, Canada, Berlin, Russia, Estonia, Lithuania, and Turkey. The total supply of the ABIC token is 170,000,000.

Arabic Cash is a unique project that aims to revolutionize the decentralized finance industry by offering a range of financial services that can empower individuals, especially those who are unbanked or underbanked. The platform's focus on building a decentralized exchange with farming, staking, and lottery services can attract new fundings to the digital economy and offer users an alternative to traditional financial systems. With the ABIC token operating on the Binance Smart Chain and following the BEP20 standard, users can enjoy fast and secure transactions, making it an ideal choice for businesses looking for a stable cryptocurrency that can enable large currency transfers.