Silvergate Digital Currency Bank vs LVL App vs BHPCash
What problem does this service solve?
Silvergate provides digital currency companies a regulated banking platform to store and leverage their holdings. | LVL provides an all in one banking platform that enables users to more easily manage their Crypto holdings. | BHP aims to provide cryptocurrency banking services that will be backed by the mining revenues generated by network participants. |
Token Stats
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Company Description
The Silvergate digital currency bank is a bank and financial infrastructure service provider that is based in California. It provides a variety of financial services to many of the largest digital currency companies and invesstors. Because Silvergate is a federally regulated bank, it can serve as compliant custody and collateral management solution for digital currency companies that need a regulated banking partner. The Silvergate Exchange Network (SEN) also enables exchanges and other institutions to leverage their Crypto holdings to receive US Dollar loans. | The LVL App is a cryptocurrency and banking services platform that allows users to buy and sell Bitcoin for free. LVL aims to provide a comprehensive Crypto banking solution with a variety of services, including: FDIC insured checking accounts, free Crypto trading, and debit cards. The LVL App is currently only available in certain states in the US, but they plan on expanding their operations. | BHPCash is the native currency of the Bank of Hash Power (BHP). The BHP platform is designed to be a decentralized cryptocurrency bank that will be based on the hashing power of the mining resources within its' network. The mining resources will be devoted to mining a variety of popular cryptocurrencies and revenues will be redistributed to the network's users. BHP has a hybrid consensus system, that will combine elements of PoS with their own Proof-of-Power (PoP) consensus mechanism. |