From Fiat to Cryptocurrency: Conversion Solution with OLWallet
Crypto community is growing day by day and ever more people are involved in this process. There is nothing surprising in it because cryptocurrency has many attractive benefits in comparison to fiat money. Such funds are safe from counterfeiting, transactions are made quicker between different cash accounts, and operations with currencies can be conducted without third-parties and on a non-attributable. For the very reason, people prefer to keep their funds in crypto. However, not every person knows what wallet to choose for this purpose and which one will help to conduct different transaction operations including conversion of fiat money into cryptocurrency and vice versa.
The Essence of OLWallet
The decentralized cryptocurrency wallet of the OLPORTAL application — OLWallet will assist you to control your finance in the best way. This means that your funds will be secured by blockchain technologies that prevent any tampering attempt by having allocated the information about your transactions and your money on different devices at the same time. Hence, it makes it difficult to hack any database. OLWallet is also a great solution for those people preferring to invest into cryptocurrency and convert their money from fiat to crypto or in reverse. Moreover, you can keep your dollars and euros on the same account of the wallet either.
OLWallet is one of the profitable features of our application OLPORTAL and will be very helpful for people who have been into crypto for many years and those who got interested in the sphere recently enough. In layman’s terms, everybody will learn how to manage his or her funds with the help of this wallet. With OLWallet you don’t need to worry about your money kept on different devices and apps at random because now all your funds will be gathered in one place! However, getting back to the point, the most attractive function of the wallet is assets management including conversion of fiat money into cryptocurrency.
From Fiat to Cryptocurrency: User’s Manual
The process of fiat money conversion into crypto will be rather simple for everybody who will use OLWallet. Here we put a step-by-step instruction for your convenience.
- The first step allowing you to use the application is registration of your OLWallet account.
- After filling in a form, you will be asked what your accounts to bind to OLWallet address.
- Then you’ll denote necessary accounts and, voila, you may start using the app.
- When launching OLWallet, you will see your total amount of money, attached accounts, and credit cards that you have added during the registration.
- Then you should choose one of your accounts and then you should find the sign with two arrows opposed to each other.
- After doing this, you won’t have much to do but choose a target currency and press the “next” button.
This is it. It is as easy as winking! Six simple steps and your currency is converted. In addition, the process of exchanging your money will be fast and safe. It is the most crucial quality that any user looks for. Since we have started to develop our own cryptocurrency, we have thought through every possible way to make our product the most useful. So, here’s still many interesting and beneficial functions of OLWallet that we are going to disclose in the next articles. As for now, we will continue to update you on the latest developments and news of OLPORTAL on our social media! Join our Medium, Reddit, Facebook, and other pages!
