@ValueFirst 29 May 2022

The Best Bank Alternative

The Digital age has made it possible for complete banks to live in an app, with no brick and mortar shop. These bank alternatives are making it possible for your money to yield higher returns and service you at lower fees But bank alternatives that merge the two financial worlds of Traditional Finance (Banks/FI) on one side and Decentralize Finance (Crypto/Digital Assets) on the other side into one entity are the best. **A Review of Several Lists of Bank Alternatives Returns Results Like** Credit union Wise Neobanks Online Banks Certificate of Deposits etc. Essentially the result is a variation of traditional banks and not a new approach. None of these options merged or bridged the financial divide between traditional and decentralized finance. Fluid- The Bank Alternative does. *Before we get into how Fluid does this, let’s get on the same page with what the traditional & decentralized finance world means.* **The Traditional Finance (Banks/Financial Institutions) World** Traditional Finance is financing obtained from the banking system and/or capital markets. Users have to go through Banks & **Financial Institutions**, to access services such as deposits, loans, investments, and currency exchange. Banks and FIs are well established and regulated. https://www.investopedia.com/terms/f/financialinstitution.asp **The Decentralized Finance (DeFi) World.** **Decentralized Finance** uses cryptocurrencies, digital assets, and blockchain technology to manage financial transactions, such as everyday banking, loans, mortgages, complicated contract relationships, and asset trading. DeFi aims to replace, centralized financial institutions with peer-to-peer relationships. https://www.forbes.com/advisor/investing/cryptocurrency/defi-decentralized-finance/ **Bank Alternatives: The Emerging Financial Reality** In reality, tradfi-only proponents are ok with traditional banking, while DeFi users often need to move between these two financial worlds of fiat currency and digital assets. Since banks do not presently accommodate digital assets, we will need a Bank Alternative that seamlessly allows users to go from Traditional Banks to DeFi and back. Fluid app merges the two financial worlds into one app. **Why The Demand for Bank Alternatives** Some reasons for Bank alternatives include Reduced transaction fees Interests on savings Global reach and availability Near real-time transaction execution globally. Global access- all you need is internet no matter where you are **How Fluid Does It: Two Worlds In One App**

Fluid’s revolutionary technology uses both traditional finance and decentralized finance infrastructure and **bridges** fiat and cryptocurrency into one app. https://fluid.ch/our-products/bridge-to-crypto/ Fluid Finance has integrated a full bank account + access to crypto for the first time in **one app**. We have done this by creating a stablecoin-the DigitalDollar that is fully backed, transparent, and always verifiable 24/7 on-chain. DigitalDollar (DUSD) — real money on-chain. https://medium.com/coinmonks/app.fluid.ch You can mint your stablecoins directly from your bank account to chain. When you want to cash out, just redeem the **DigitalDollar** for ordinary dollars back to your account, in seconds. https://fluid.ch/dusd/ **Fluid — The best bank alternative**

Fluid Finance is a revolutionary new approach to banking, built for the digital age. We’ve integrated all the benefits of traditional banking with all the benefits of crypto — within **one app**. https://medium.com/coinmonks/app.fluid.ch Enables you to manage multiple currencies AND cryptocurrencies. You can move quickly and seamlessly between these two worlds whenever you want. Read more about Fluid **here**. https://fluid.ch/ *I invite you to join the* fluidfam *with any channel you find convenient below.* **Twitter** | **Telegram** | **Announcement** |**Discord** | **GitLab** | **YouTube** | **website:** **fluid.ch** | **DigitalDollar(DUSD)** | Sign up for an account at: **app.fluidfi.ch** https://twitter.com/fluid_fi https://t.me/fluid_fi https://t.me/fluid_fi_ann https://discord.gg/xbu3qhrxps https://gitlab.com/fluidfinance/stablecoin2.0 http://youtube.com/c/fluidfi https://fluid.ch/ https://medium.com/fluidfi/introducing-digitaldollar-dusd-7ef626bb9958 http://app.fluidfi.ch/ **CAVEAT:** *Note- This is not financial investment advice.* *All financial investments involve risk DYOR (Do your own research) before making any financial investments* *This article is my thoughts and opinion about the subject matter*