Electronic Money Exchange Monitor

Avangard Bank offers universal banking services including high-tech financial products unique for the Russian market. The bank is among the largest credit businesses as far as key financial indicators are concerned. Avangard Bank has more than 50 thousand corporate and 1 million private customers.

Bitcoin is an innovative payment network and a new kind of money. It is based on the properties of mathematics rather than physical properties (like gold and silver) or trust in central authorities (like fiat currencies). Bitcoins hold value due to public trust and adoption, as well as labor spent to "mine" them.