As the popularity and mainstream acceptance of blockchain and digital assets
increase, traditional investors have been looking for more exposure to these
digital assets and blockchain based technologies. However, many things can be
“lost in translation” when it comes to integrating the digital currency world and
the world of traditional finances. Providing a seamless exchange between crypto
and conventional assets is the underlying philosophy behind Cryptopay
expansion and Initial Coin Offering (ICO).
Investors, who use digital currencies, currently have to interact with several
counterparties to successfully manage their risks and portfolio. These
counterparties being traditional banks, payment networks and financial services
companies. The majority of them don’t understand the nature of digital
currencies, which can cause frustration, account freezes, losses and not to
mention the various inefficiencies that come with moving between the different
With the emergence of blockchain, a growing number of users and businesses
are beginning to struggle leveraging the existing infrastructure in order to
manage the transfer of funds between physical and virtual platforms.
As of now, Cryptopay provides the ability to spend, save, and transact digital
currencies. The Cryptopay wallet allows users to effortless trade between bitcoin
and fiat currencies, specifically the GBP, USD, and the EUR. This wallet service is
complemented by a prepaid card that lets users quickly access funds stored in
cryptocurrencies. Soon hereafter, we are launching the a service that will allow
users access to equities and the ability to own current accounts.