Navigating ones way in the cryptocurrency sphere can be a tricky one. People give up as a result of difficulties faced. One can easily remember the first step he or she took into entering crypto, one had to first use a platform that accepts fiat to purchase either bitcoin or Ethereum before sending it to another platform where other cryptocurrencies are traded. These processes can be very confusing and someone who isn’t tech savvy will find it very difficult at first except he or she was guided. This made crypto entry very difficult as at the time. Up till now, many digital exchanges still don’t accept fiat deposit or withdrawal. After investing in or owning a cryptocurrency it leads to another problem of what do we do with the cryptocurrencies we own. Today, crypto is only accepted in few places around the world and even in some places it is totally banned. This leaves those who own crypto with little use except for trading and speculating.
Do More With Crypto
Cryptassist intends to make crypto useful by integrating a number of well thought out solutions. A number of solutions that enable a users to deposit and withdraw fiat and purchasing goods and services with cryptocurrencies.
The Cryptassist Exchange
The Cryptassist is an integral component of the Cryptassist ecosystem, it’s expected to guarantee users an unprecedented trading experience. The Cryptassist Exchange will offer traditional digital exchange features such as trading of cryptocurrencies to other cryptocurrencies or to fiat and vice versa. Users will be able to trade a wide array of cryptocurrencies on the exchange and have the chance of receiving a 50% discount on transaction fees whenever they use CTA to pay for transaction fees. The first problem users experience about cryptocurrency as earlier noted is that not many exchanges accept direct fiat deposit. Secondly users are faced with problem of liquidity once they wish to liquidate their crypto assets.
The current digital exchanges offer users a limited access to fiat deposit and withdrawal. Users are forced into using different platforms with varying levels of user experience in order to deposit and withdraw fiat. Cryptassist has taken note of this and intend to bring an end to the problem and offer easy entry to beginners and easy exit whenever they wish to. The Cryptassist Exchange has been designed to accept both fiat deposit and fiat withdrawal making for an inclusive access to cryptocurrency for everyone.
Cryptassist Debit Card
Cryptassist envisage a situation where crypto owners can pay for goods and services directly from their crypto account and they aim to make it a reality. Cryptocurrency owners are continually looking for ways to make use of cryptocurrency in the physical world but usage has been limited to a few instances. Majorly, most cryptocurrencies today are used only for trading and speculating with not actual economic usage. This is as a result of limited platforms that accept cryptocurrency as a means of payment. Cryptocurrency owners are forced into liquidating their crypto assets first before they can pay for goods or services. Cryptassist is all about making cryptocurrency useful to users and as such they will provide a Debit Card which users will be able to request for after they have undergone and passed KYC. The Cryptassit Debit card will enable users to use their cryptocurrencies for payment of goods and services anywhere in the world. The usage will not only be limited to either online or offline but will include both. The debit card will also be funded with any of the top 50 cryptocurrencies.
For Further Information
Website: http://cryptassist.io/
Whitepaper:
ANN Thread: https://bitcointalk.org/index.php?topic=4553885.0
Telegram: https://t.me/cryptassistcoin
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