Cryptosmart, the New Fintech Platform to Buy and Sell Cryptocurrencies, Was Launched
There are several services available on the Cryptosmart platform, including exchange, payments, and digital wallets. Account opening and wallet management are free and commissions on transactions (i.e. for buying, selling, or conversions) range from a maximum of 0.20% to a minimum of 0% (for more than $2.3 million (€2 million) of transaction value).
Cryptosmart, the fintech platform to buy and sell cryptocurrencies and digital wallets, has been established. In the incorporation, the startup was assisted by Lexia Avvocati. Cryptosmart is the first all-Italian cryptocurrency exchange (shareholders, company headquarters, legislature, and deposit account with an Italian bank) that intends to become a major player in the sector.
The company was founded in Perugia by Alessandro Ronchi, Claudio Baldassarri and Alessandro Frizzoni. In addition to allowing its users to buy, sell and deposit cryptocurrencies, it is launching the services of receiving payments in cryptocurrencies for companies with e-commerce platforms, the service of payment in cryptocurrencies for the purchase of products and services of the most important brands, the staking of cryptocurrencies and further services dedicated to Italian companies that intend to use cryptocurrencies in their operations.
Read more on the subject and find the latest business news in the world with the Born2Invest mobile app.
There are several services available on the platform, including exchange, payments, and digital wallets
Alessandro Ronchi, co-founder of Cryptosmart, said: “Unlike other players in the industry, our project is 100% Italian with the aim of operating in a transparent way and in compliance with the regulations, able to answer with precision and simplicity to the questions of all those people attracted by cryptocurrencies as a possible investment or use as a form of payment in everyday life.”
There are several services available on the platform, including exchange, payments, and digital wallets. Account opening and wallet management are free and commissions on transactions (i.e. for buying, selling, or conversions) range from a maximum of 0.20% to a minimum of 0% (for more than $2.3 million (€2 million) of transaction value).
Cryptocurrencies and digital assets such as Bitcoin, Ethereum, Dogecoin, Cardano, Polkadot, and Litecoin can be purchased with a wire transfer and the customer can also move crypto Smart cryptocurrencies already in their possession to another platform or account. In addition, deposits can be converted into euros or cryptocurrencies and likewise can be withdrawn at any time through a bank transfer or by receiving cryptocurrencies leaving full freedom to the customer on how to be liquidated.
The platform also provides the service of payment in cryptocurrency and digital wallets, replacing money or any other currency, for the operations of receiving or sending payments. It is a service designed not only for consumers but also for companies that can thus give their customers the opportunity to pay through cryptocurrencies. The payment service in digital currencies is easily integrated with the major e-commerce software (Woocommerce, Shopify, Drupal, Magento, Prestashop, Shopware, WordPress) and very quickly, allows companies to receive payment from their customers.
Finally, the company announced that soon it will also be available the “staking” service that allows Crypto Smart users to make their cryptocurrencies available to participate in the proof of stake mechanism used by the blockchain network to validate transactions and register a “new block”, so that users can receive the reward resulting from this activity.
(Featured image by sergeitokmakov via Pixabay)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in Crowdfunding buzz, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
The TopRanked.io Weekly Digest: What’s Hot in Affiliate Marketing [Week 22]
This week we're waking the dead as we go back to the metaverse baby. With Apple soon announcing its long-awaited...
Bullish on Bitcoin? – Blackrock CEO Warns of “Debt Ceiling Drama”
Many bitcoin and cryptocurrency investor advocates view BTC as a hedge against inflation and debt concerns, especially as central banks...
Docline Prepares a New Round of 6 Million for 2024
Docline maintains an agreement with Mapfre, with whom it offers digital health programs to the company's policyholders; with the Ballesol retirement...
Cedacri Prices New €275M Bond to Pay €50M Tax and €150M Extra Dividend
As stated in the Report to Cedacri's 2022 Annual Report, and as recalled in the release in which Moody's assigned...
Bierzo Aire Limpio Starts Crowdfunding to Support the Legal Defense of the Environment
The NGO holds an assembly that includes a state-wide meeting against waste incineration, debates on wind and solar macro-projects, and...
Biotech5 days ago
Netpharmalab Reaches €3 Million in 2022 and Anticipates a 16% Increase in 2023
Biotech2 weeks ago
Almirall Projects to Reach Revenues of €1 Billion in 2025
Africa3 days ago
Green Hydrogen: How Can Morocco Meet 4 to 8% of Global Demand?
Africa1 week ago
Cape Verde PM Asks Banks to Change Perception of Financing in Agriculture and Fisheries