This is an interesting competitor to consider as Venmo has gained popularity, particularly among Millennials. But why when there is a 3% transaction fee on all credit card transactions? The answer is most likely convenience, everyone has the app and people rarely carry cash now a days. Blockbasis is here to give the best of both worlds. Users can send and receive crypto using an email address, making it accessible to anyone. Sending money will soon be as easy and convenient as sending an email!
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