A customer obtains a BitexPay cryptocurrency loan in XBX coins, underpinned by a smart contract that takes into account the customer's unique credit rating, and in turn, applies specific interest rate and conditions (which may include collateral).
The customer converts the loan into a cryptocurrency of his or her choice on the EZBitex exchange. The process is done seamlessly, within the EZBitex exchange, at the request of the customer.
Liquidity guaranteed by EZBitex factoring from other leading cryptocurrency exchange reduces volatility and adjusts interest rates. The credit itself may also be tracked to a world currency index to avoid sharp fluctuations.
At the end of the loan contract, a borrower must repay in XBX coins with interest, purchased at the EZBitex exchange.
The borrower has now completed his repayment obligations and has amended his credit score for future loan requests.
The cycle of cryptocurrency to fiat and back again creates an inherent need for XBX coin based services and ultimately an enhanced demand for XBX coins.