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Financial & Legal
For crypto to reach mainstream adoption, all components of accessibility—onramps and offramps, crypto card payments, and crypto digital wallets must be accessible to general users. These features attract crypto newcomers by offering a complete package with IBANs, trading, and KYC services. However, launching a comprehensive crypto service isn't simple, especially with MiCA regulations on the horizon. Crypto companies now face two options: secure licensing or partner with a crypto banking-as-a-service provider.
The licensing route is resource-intensive, requiring significant time and capital, making it challenging for smaller companies. In contrast, crypto banking providers manage critical compliance and technology overhead, delivering high-quality services at a more sustainable cost, allowing companies to scale their offerings efficiently.
Boost User Retention with a Customized Web3 Wallet
Much like a traditional bank, a web3 wallet for crypto enables users to store, spend, and receive cryptocurrencies securely, a vital step toward making crypto more accessible. However, navigating regulatory complexities to launch a crypto wallet service can be daunting. Partnering with a crypto banking provider helps companies streamline this process and expand their reach.
A digital crypto wallet’s standout feature is its multi-currency support, enabling users to manage both fiat and various cryptocurrencies in one place. This convenience drives high retention by allowing all transactions within a single app. Wallets can also offer staking options, providing users with opportunities to earn annual interest through rewards programs.
On average, crypto transactions take several minutes, but using lightning-enabled cards accelerates transactions to mere seconds. Linking crypto cards with wallets ensures secure, near-instant payments, making everyday purchases as seamless as with traditional bank cards.
Bring Crypto to Your Users’ Fingertips
The APIs make it easy to build and launch a custodial crypto wallet with multiple cryptocurrency accounts that can connect to payment cards. Once a user completes KYC, they receive a wallet with multiple currency options. These accounts can be enhanced with IBANs or dedicated crypto deposit addresses, adding flexibility and functionality.
The crypto banking platform enables user onboarding, dedicated crypto addresses, vIBANs, and fiat-crypto trading within a custodial crypto wallet. You can even issue Visa crypto cards that link to any account in any currency, enabling users to spend crypto at any point of sale, bridging the gap between digital assets and everyday use.
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