Banking has always been quite troublesome for people that regularly travel between multiple countries and live a nomadic life. Despite attempts at globalization, international transfers are still slow and expensive.
Cryptocurrencies are arguably the best solution for this problem, but you still need fiat - despite their proliferation, crypto is still an oddity in the bigger world.
Quppy offers a universal solution for nomads: it combines cryptocurrencies with fiat IBAN accounts (the largest international standard for banking), SWIFT transfers and other tools that make sure you have top-quality banking services anywhere in the world.
Any financially active person knows how much of a hassle it can be to manage more than a few assets. The number of mobile applications required is a pretty good indicator of what modern online finance has become.
Let’s just count:
Your bank’s app
E-money apps (most people have 2 or 3)
Cryptocurrency wallets (again, most people have at least 2 or 3 wallet applications)
So we are looking at at least half a dozen apps without even counting trading applications.
Fortunately, Quppy helps you to sort this mess out. You have most major crypto assets and main fiat currencies in one application that allows fast and cheap exchange between these assets.
Hot wallets are now available in the Quppy Wallet app
How Quppy brings together centralized and decentralized solution for a unique financial experience of every user.
What is a hot crypto wallet
A hot or so-called custodial wallet is a crypto wallet where the private keys are controlled by a third party. It is comparable to how traditional banks control funds of their clients kept on their personal accounts.
The custodial wallet structure essentially follows the same rules. The same mechanism of funds and personal information control is applied to the custodial exchanges and exchange services...