Thank you for the valuable observation. Allow me to clarify some key points that demonstrate how our platform addresses this challenge innovatively:

1. Leveraging global initiatives like Open Banking:

Utilizing public APIs:
Many banks already provide API solutions through Open Banking initiatives aimed at fostering innovation and collaboration within the financial sector. Our platform takes advantage of these public interfaces wherever available while fully adhering to regulatory and business requirements.

Mandatory API access under PSD2:
The PSD2 directive in the European Union mandates banks to provide APIs that allow third-party service providers to access bank account data. This enables them to offer innovative financial services securely and efficiently.
Details about PSD2 from the European Commission: https://eba.europa.eu/regulation-and-policy/single-rulebook/interactive-single-rulebook/14575
Additional information from the European Banking Authority: https://eba.europa.eu/eba-industry-working-group-apis-under-psd2
https://www.ecb.europa.eu/press/intro/mip-online/2018/html/1803_revisedpsd.en.html
Focusing on collaboration-ready markets:
We focus our efforts on regions with established Open Banking regulations, such as the European Union (PSD2 directive), parts of Asia and America, as well as GCC countries like the UAE, Qatar, and Saudi Arabia.

2. Addressing challenges in the current P2P system:

Issues with the P2P model:
It is important to note that P2P systems already exist, allowing many users in the same country and bank to transfer money without fees or direct benefit to the bank. However, these systems are often slow and lack reliability. These challenges are part of what our platform aims to resolve by providing a faster, more secure, and reliable alternative.

3. A supportive partnership with banks, not competition:

Our role as a partner, not a competitor:
Our platform does not aim to compete with banks; rather, we act as a secure intermediary for converting digital currencies into local bank accounts. We offer banks an opportunity to expand their services and attract new clients by supporting the rapidly growing digital assets sector.

Encouraging reliable and fast services:
Instead of relying on traditional P2P services, we aim to empower banks to offer dependable and efficient digital exchange services. This fosters trust among customers and encourages them to use banking services rather than seeking external solutions.

4. Direct benefits to banks:

Increased liquidity for banks:
By enabling customers to use their bank accounts instead of external wallets like PayPal, banks can retain liquidity, enhancing their capital management capabilities.

Enhanced trust and control:
Digital transfers via our platform will be secure, transparent, and traceable, helping banks improve operational management and reduce risks.

Conclusion:
Our goal is to provide innovative solutions that enhance financial system efficiency and simplify the conversion process between digital currencies and bank accounts, delivering mutual benefits to users and banks alike.

Thank you for your thoughtful question and for taking the time to engage with our project!

CurCryptoBridge addresses these concerns as follows:

Domestic Bank Transfers:

If you are transferring funds within the same bank or network, many banks offer zero-cost or low-cost transfers. CurCryptoBridge leverages this feature to reduce transaction costs for users by optimizing how money moves between accounts.
Cryptocurrency as an Intermediary:

For international transfers, we aim to reduce costs by using cryptocurrency as a bridge. Instead of relying on traditional banking systems that charge high fees and require currency conversion, funds are converted into USDT (or other cryptocurrencies) and then exchanged to the local currency at the destination, all at significantly lower costs.
Reduced International Transfer Fees:

Traditional international transfers can indeed be expensive, especially outside unified financial zones

“A group of developers announces the launch of an innovative P2P platform, enabling users to seamlessly link their bank accounts with digital trading platforms at fees not exceeding 0.2%.”



A group of developers today announced the launch of a new peer-to-peer (P2P) platform, CurCryptoBridge, designed to facilitate cryptocurrency exchanges between individuals within the same country at remarkably low fees and near-instant processing times—transactions can be completed in as little as two minutes. This platform aims to address the prevalent challenges of high bank transfer fees and restrictions on linking bank accounts to digital trading platforms such as Binance and Coinbase.

Crowdfunding Campaign Announcement
In conjunction with the platform’s launch, the CurCryptoBridge team has initiated a fundraising campaign on Indiegogo to support ongoing development, strengthen security, and enhance platform reliability. Interested supporters can contribute and learn more at the following link (shown in full text):
https://www.indiegogo.com/projects/curcrypto-bridge/coming_soon/x/38310260

The Problem
Many users face elevated banking fees and delays when transferring funds, particularly when linking their traditional bank accounts to digital trading platforms. Furthermore, high exchange fees and limited secure methods for transferring digital assets between wallets and banks can hinder full adoption and enjoyment of cryptocurrencies.

The Solution: CurCryptoBridge
CurCryptoBridge provides a straightforward and secure way for users to exchange digital currencies with others in the same country. By offering direct linkage between users’ bank accounts and top trading platforms, the service enables low or minimal-cost transfers between traditional bank accounts and digital platforms.

Key Features
Peer-to-Peer Exchange: A user-friendly interface that facilitates direct transactions between individuals, delivering fast, tailored service.
Seamless Bank and Trading Platform Integration: Easily link traditional bank accounts to accounts on major exchanges.
Fully Automated System: Transactions complete in under two minutes without manual intervention.
Minimal Fees: Charges do not exceed 0.2% of the transferred amount, in comparison to typical rates of 3% to 6% elsewhere.
Mutual Guarantee: A robust security mechanism ensures both parties in any given transaction receive funds simultaneously.
A Viable Alternative to Crypto ATMs
Lower Costs: While Crypto ATMs may charge fees of up to 5%, CurCryptoBridge fees are capped at just 0.2%.
24/7 Availability: There is no need to locate a physical ATM—CryptoBridge is accessible anytime, anywhere.
Ease of Use and Security: Transfers are executed directly between your bank account and your digital wallet (or another individual’s bank account), ensuring both speed and protection.
Looking Ahead: International Transfers
Over the long term, the CurCryptoBridge team aims to evolve the platform into a powerful tool for cost-effective international money transfers. This vision allows users to send funds across borders without the high fees commonly levied by banks and traditional currency exchange services. By owning a digital asset that can be converted to local currency in any bank worldwide, participants will gain global financial freedom—an opportunity that expands when they join the CurCryptoBridge platform.

Primary Benefits for Users
Cost Savings: Reduce fees by up to 99% compared to traditional bank transfers or standard digital trading platforms.
Speed: Transactions clear within just two minutes, enabling efficient financial management.
Security: Advanced encryption technology and simultaneous fund transfers safeguard both parties in every transaction.
Simplicity: An intuitive interface that does not require extensive technical expertise.
Official Statement
Ahmed Alirr, the spokesperson and founder of CurCryptoBridge, stated:

“CurCryptoBridge directly addresses the challenges faced by cryptocurrency enthusiasts. Our goal is to simplify currency exchanges, eliminate excessive fees, and guarantee secure transactions for every user. We believe this platform will significantly transform how individuals exchange digital assets.”

Contact Information
Contact Person: Ahmed Alirr
Email: curcryptobridg@gmail.com

Conclusion: Indiegogo Crowdfunding Campaign
To support CurCryptoBridge and its broader development, we invite anyone interested in the digital asset space—and those looking for rapid, low-cost transactions—to visit our Indiegogo fundraising campaign at the following full-text link:
https://www.indiegogo.com/projects/curcrypto-bridge/coming_soon/x/38310260
To see the explanatory video
https://youtu.be/yzog5t62fOU