Pillar Wallet x Mt Pelerin: Buy and Sell Crypto — Instant & No KYC Required
We’re thrilled to announce that Pillar Wallet has integrated Mt Pelerin! Now Pillar users have more options to easily convert fiat currency into digital assets and vice versa!
Mt Pelerin is a Swiss-based financial services company that offers a range of blockchain-powered services, including wallet, trading, and fiat on and off-ramp solutions. Mt Pelerin was founded in 2018 to make the benefits of blockchain technology more accessible to the wider population, by providing secure and compliant financial services that leverage the power of decentralized finance.
This integration offers Pillar users the ability to quickly buy crypto with fiat currency, directly within the Pillar Wallet app. Users can deposit funds into their smart wallets via a bank transfer, credit card, or debit card and purchase various digital assets. At the same time, Pillar users can enjoy instant and free transfers since Mt Pelerin supports instant EUR & GBP transfers via SEPA Instant and Faster Payments networks respectively. Cashing out options are available too.
To start using the fiat on & off-ramp you need to click “Buy tokens” on the Pillar Wallet and follow the further steps.
What’s more, no KYC verification is required for regular bank transfer transactions under 1,000 EUR per day! This means that you don’t need to upload your ID documents if you deposit or withdraw up to 1,000 EUR/day. The cashout option is available for 171 countries and 14 fiat currencies!
Such features of Pillar Wallet have a significant impact on the adoption of digital assets, by making it easier for users to access and manage their assets in a secure and user-friendly environment. It will also help to bridge the gap between traditional financial institutions and the world of decentralized finance, by enabling users to easily convert between fiat and digital assets, without having to rely on centralized cryptocurrency exchanges.
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Disclaimer: Cryptocurrency investments are subject to market risk. Please conduct your own thorough research and seek professional advice before making any investment decisions. Any of our publications do not constitute as financial advice and you should not treat any of the information on our website as advice.