The CAPVERTO Exchange Bank Platform
What is CAPVERTO?
CAPVERTO Exchange is a digital currency, based on a versatile utility token that greatly extends the basic advantages of cryptocurrency through a design directly addressing the needs of populations most frequently excluded from banking. It delivers a multifaceted bank-like experience, centered on a prepaid card, that is as easy to use as logging onto a fast, well-designed website.
At the same time, the pivotal CAPVERTO Token (CAP) at its core supports advanced features such as a cash back system, peer-to-peer (P2P) monetary exchange, a digital currency trading platform, and an innovative cryptocurrency insurance product. In the course of normal use, all of these features influence the underlying value of the CAP, distinguishing it a uniquely flexible amenity for the unbanked and underbanked.
The specific design traits of the CAPVERTO Exchange platform and the CAP makes them superior instruments to other digital currencies for these particular purposes. Unlike BTC, ETH, and similar cryptocurrencies, both CAPVERTO Exchange and the CAP have been built from the start to serve as bridges between the still-siloed worlds of fiat money and cryptocurrency, combining the scalability and liquidity of the former with the technical sophistication of the latter.
A Secure, Streamlined Approach to Transfers
The fundamental disadvantage of being unbanked is inadequate access to core services for lending, borrowing, and saving. Without formal bank accounts, unbanked individuals have limited recourse for securing funds for either personal or business use. Plus, their often poor or nonexistent credit histories present major hurdles forever removing these constraints, at least not by working through the traditional financial system.
The Depth of CAPVERTO Exchange’s Bank-like Services
Toward that end, CAPVERTO Exchange offers a comprehensive service portfolio for the unbanked; its prepaid card system is only one of the multiple vehicles for transporting them into modern finance. Under the hood, CAPVERTO Exchange facilitates convenient, low-fee P2P transfers and also sets up each user with a standard IBAN/SWIFT account. Together, these features give CAP holders reliable and safe access to their funds, as well as to the various fiat and cryptocurrency services conveniently layered on top of them.
- Security Everyone on the platform must supply proof of address, with no exceptions allowed.
The Depth of CAPVERTO Exchange’s Bank-like Services
- Performance P2P transfers have gained traction worldwide due to their immediacy and ease of use from virtually anywhere, even if someone does not have a bank account.
- Convenience The CAPVERTO Exchange prepaid card itself is provided in both physical and virtual forms to streamline overall usage of compatible services
- Virtual payment cards have become viable alternatives not only to physical cards but also to checks, which have long persisted as ways to pay the unbanked despite the clear inconveniences of having to cash them and possibly pay for that service, too. Check cashing fees are one of the most frequent costs of being unbanked, and participation in the CAPVERTO Exchange ICO help removes this burden by opening the doors to superior financial instruments.
Simplified Cryptocurrency Trading within CAPVERTO Exchange
A prominent hurdle to the wider acceptance of digital currencies is the common set of issues associated with turning crypto-based assets into fiat money, which we addressed in the prepaid card section. An entire ecosystem of services, like Bitcoin ATMs, has emerged for converting many major cryptocurrencies into cash. At the same time, there are significant issues with the opposite workflow, i.e., efficiently procuring cryptocurrency with fiat. Unbanked and underbanked Individuals attempting to enter the cryptocurrency space may be confronted with immediate issues such as:
- Needing to pay steep fees if purchasing by any means other than direct bank account transfer, which is unlikely to be a viable option.
- Not knowing how to sustainably trade cryptocurrencies in their portfolios, in light of the price volatility that can dramatically reduce the value of such assets overnight.
- Being uncertain whether the underlying trading platform is trustworthy, dependable, and scalable.
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CAPVERTO Exchange removes these complications and offers a trading platform with a minimal learning curve and an optimal setup for long-term return on investment. At the simplest level, members can deposit fiat money to buy and sell different digital currencies and crypto assets. There is also a connection to Finance, one of the most prominent cryptocurrency exchanges, that enables instant insight into trading histories and profits.
Writer:
- bitcointalk name: danilhadiwinata123
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