Topic: [ANN] QUPPY - Multicurrency cross-platform cryptowallet of your tomorrow - page 32. (Read 10220 times)

What is an API in banking?🧐
🏦Banking APIs are a set of protocols that enable secure communication between your bank’s server and client devices. It helps customers communicate with bank staff through the bank’s app, simply with an Internet connection.
🔐As all interaction involves conversations and the transfer of money-related data, banking APIs require strong authentication and secure encryption.
🧑‍💻On the back end, these APIs connect developers with payment networks to display payment details making them an essential tool when it comes to BaaS (bank as a service)...
Continue reading 👉 https://quppy.medium.com/apis-in-fintech-payments-and-banking-where-the-synergies-are-born-a5b105d472e1

What can we expect in 2023?🧐
❄️2022 was a very difficult years for the crypto industry. Basically, we can safely say that we had another cryptowinter this year. However, let’s focus on what we can reasonably expect in 2023.
🔐First of all, it looks like investors in 2023 will be more focused on conserving capital and will prefer established successful crypto companies to risky investments in new startups.
🕸Second, we can be pretty sure that Web3.0 will become the main driver of the entire market growth. And the proliferation of Web 3.0 utility platforms makes easy exchange of digital assets more important than ever.
📝And finally, we can expect even more heated debates surrounding crypto regulations. In many ways, 2023 will be the defining year for the future crypto regulations and, therefore, for mass adoption.

Deal with the mess of crypto apps with Quppy📲
Most active crypto users have at least half a dozen crypto applications in their wallet:
➡️A couple of wallets for storing digital assets
➡️A couple of exchangers for purchasing and selling crypto for fiat
➡️A couple of exchanges for trading
➡️One or two investment platforms
➡️Et cetera, et cetera, et cetera
😌🙌Quppy offers a platform that provides access to the functionality of most crypto apps, used on a regular basis, but in one place. Couple it with a plethora of supported assets (both digital and fiat ones), easy to use interface and minimal fees - and you get an application that is able to completely replace most crypto apps in your smartphone.
🧐What does it mean? It means less clutter, smoother operations, more pleasant user experience and more resources of your device at your disposal. What’s not to like?

Bitzlato scandal - the importance of regulatory compliance

It looks like the crypto market can’t spend a month without a major scandal or controversy related to a major exchange. In January, Bitzlato made the headlines, unfortunately, in a negative way: one of the founders and four other employees were arrested on charges of money laundering. According to law enforcement, about 46% of all transactions on Bitzlato (about $2,1 billion) were related to criminal activity.

While the investigation is ongoing, users’ funds were blocked on the exchange’s wallets. While Bitzlato representative claimed that they will be able to return 50% of users’ funds immediately after relaunch and the rest will be returned later, it is obvious that ordinary users are the main victims in the situation. Regardless of how the investigation will proceed.

The obvious conclusion for all crypto users is that the platform’s regulatory compliance is first and foremost a boon for you. If the platform you use operates in the “grey area” - your funds can be blocked or arrested at any time.

Fully regulated platforms, like Quppy, are simply much safer.

📢 Learn more: quppy.com

Are banks falling out with crypto exchanges?

Probably you all know already that Banks stopped processing SWIFT transfers from Binance of less than $100,000 on February, 1st. Frankly, it’s sad news - it is never good to see ordinary crypto users suffering consequences from large businesses’ decisions. But what can we expect in the future? After all, this news is pretty alarming for the entire crypto industry.

First of all, all banks and regulators that Quppy works with are not planning on boycotting crypto or preventing individuals from transferring their assets from crypto to fiat and vice versa. Basically, regulators and banks don’t have any problems with dedicated platforms integrating crypto and fiat systems, as long as they operate legally as Quppy does.

Second, and it is less optimistic, it is very possible that crypto exchanges can have problems with banks processing transactions made by individuals. Let’s be honest - the reputation of the crypto trading industry in the mainstream world is rather controversial, and it is not helped by recent scandals. So direct fiat withdrawals from crypto exchanges can become problematic in the near future.

Thus, we advise you to always have a dedicated crypto-fiat solution like Quppy at hand. Just in case if something goes wrong with fiat transfers from your favorite trading platform.

📢 Learn more: quppy.com

Quppy brings benefits of cash to cashless society💸

💳It is no secret that our society gradually becomes cashless. The share of card and contactless payments grows year by year and far outshines cash transactions. However, it is necessary to admit that there are some benefits to cash. Such as relative anonymity (you don’t leave a huge trail of paperwork on every transaction).
😎Cryptocurrencies also have this benefit - they are not fully anonymous, but are not explicitly tied to the owner’s name.
🤝With Quppy combining both fiat and crypto, you essentially get both your cards and your cash in your phone - always at hand.
📢 Learn more: quppy.com

Crypto becomes more eco-friendly🌱
🛢The #crypto industry have long been criticized for irresponsible use of resources and disproportionally huge footprint. Blockcahin transactions (with some exceptions) consume at least 10 times more electricity than conventional banking transactions. Obviously, it is not particularly eco-firendly.
🔋However, the situation has changed recently. A lot of blockchains became much more eco friendly - developers of #Solana, Chia Network and Algorand, for example, work really hard on improving energy efficiency and, therefore, reducing their networks footprint.
🔷But the true revolution was made by #Ethereum that switched from notoriously inefficient Proof-of-Work consensus algorithm to Proof-of-Stake. Just like that the most popular blockchain in the world reduced its energy consumption by 99,9%.
😌We at Quppy are the strong supporters of reducing our footprint by improving efficiency - it is in fact, one of the core ideas behind #Quppy. After all, if one application can make five other redundant - it will always consume less energy and, therefore, do less harm to the world around us.
📢 Learn more: quppy.com

🎁We are happy to announce that all users who participated in the Christmas promotion received their cashback. Thank you all for participating, and stay tuned, there's a lot more to come.
🏃‍♂️Hurry up to check your account!

Fewer fees, better services with Quppy💎
🎁Starting from December 1st, Quppy users will be able to enjoy a hefty discount on fees for FX rate on USDT stablecoins and fiat to fiat exchanges for 25%!
💵Fees always have been one of the main expenses for all active crypto users. Especially when it comes to the use of stablecoins. And given that a lot of popular blockchains hosting stablecoins are now overloaded and congested, fees can be quite hefty. Thus, we at Quppy put a lot of effort into lowering fees for our users.
🔄With a 25% discount on fees for USDT purchases switching from fiat to crypto via Quppy becomes cheaper and easier than ever. So don’t pass on a great opportunity to get digital assets with menial expenses!
📢 Learn more: quppy.com

Quppy Christmas Promo is LIVE🎄🎅
💎Make crypto exchanges until Dec 26 and receive a 2% cache back on your Quppy account!
All crypto exchanges except those with USDT are eligible for the cash back.
🤏A minimum volume of exchanges performed should be 500 EUR.

For more info follow the 👉 the LINK

Multifunctional fintech platforms are the hottest trend out there🔥
📊Despite all the turmoil and uncertainty on the crypto market, multifunctional platforms that offer a multitude of fintech products in one place, like Quppy, remain the most promising sector in the DeFi Space.
🧑‍🎓According to the study, published by Fact.MR, demand for such platforms (“digital experience platforms” in their terminology) has grown by 10.2% in 2022 in comparison to the previous year. Thus, it is obvious that multi-product fintech platforms are the way of the future.
😊Such affirmation of our ideas by a major analytical community is worth a lot for us!
📢 Learn more: quppy.com

Do you know how to use crypto safely❓ Are you sure❓
🛡Cryptocurrencies open virtually limitless opportunities and have great potential for both businesses and individuals. However, crypto is not magic (even if sometimes it feels like that) and there are a bunch of skills, habits and practices that are essential for using crypto safely and efficiently. So we’ve prepared a small checklist for you - take a look at it and check whether you need to work on some areas.
1️⃣Safe storage. It is paramount to ensure that your coins are stored in such a way that no one else can get access to your funds or block them and you won’t lose them. For long-term storage of large amounts cold wallets are the best solution. For everyday use - try non-custodial and custodial Quppy wallets.
2️⃣Exchange. Even if you do not plan to engage in trading you’ll need to exchange you digital assets sooner or later and it is important to use only reliable and secure platforms for that. Quppy has a built-in exchange service that is easy to use, fast and 100% secure. And if you need some obscure asset that is not supported by Quppy - use reputable exchanges like Binance.
3️⃣Interaction with fiat. A reliable, fast and cost-efficient way to sell your coins for fiat or buy crypto for fiat is a must. However, a lot of exchangers have dubious security and do not offer great user experience. Quppy seamlessly integrates major fiat and crypto currencies, so you can switch from one asset to another without any hassle.
4️⃣Keep your passwords secure. It is impossible to accurately remember all passwords (if your passwords are truly secure), seed phrases and other login data from all services your use. So it is necessary to establish a system for secure storage of such data. Password managers are the most obvious solution that solves most issues. However, we recommend that you store the most critical data (such as the private key to your cold wallet) on some physical media in a secure location. Just in case.
5️⃣Stay alert! Always check the website address, even if you use a browser tab - this is the best way to protect yourself from phishing sites.
6️⃣Be skeptical. There are a lot of scammers and shady businessmen in the crypto world that offer huge profits quickly. Verify every project you are considering to invest in. Basically, if you see an offer that is too good to be true, it is safe to assume that it is not a stroke of luck - somebody is trying to scam you.
7️⃣Always diversify your assets. It is unwise to rely on a single cryptocurrency due to high volatility of crypto - always split your funds across multiple assets.
8️⃣Keep track of your assets. It may be overwhelming to try and keep track of all assets in a properly diversified crypto portfolio. Services like Cryptocompare (https://www.cryptocompare.com/portfolio/) and Coinmarketcap’s portfolio tracker (https://coinmarketcap.com/portfolio-tracker/) make this task much easier.
9️⃣Monitor the market. The crypto market is volatile and very dynamic. So keeping and eye on it will help you to save your capital if something goes wrong or make good money by spotting an opportunity. CoinMarketCap (http://coinmarketcap.com/) is a great starting point, where you can track exchange rates, spot promising assets and find information about them.
📢 Learn more: https://quppy.com/

Are you new here? Check out our tutorials🧑‍🎓

🧑‍💻While Quppy’s capabilities may look overwhelming at first glance, there is no need to be scared - we’ve made the application as clear and as easy to use as possible. But in order to make your first steps in crypto even easier, we’ve prepared a series of short tutorial videos that will help you learn the ropes. Check it out here - https://quppy.com/tutorial/

🎥By watching these videos you’ll learn all the basics of using Quppy Neo-bank - from opening an IBAN account and paying for goods and services to making SEPA transfers and working with businesses.
📝But if you have any extra questions - feel free to contact our support service!
📢 Learn more: quppy.com

How long does a SEPA transfer take?

🌐SEPA transfers take only a few seconds, if the sender’s bank supports instant transfers and the sender themselves select this option. Non-instant transfers are done within one business day in theory. However, in practice they may take longer.
🏦First of all, due to banks in different countries opening at different times, one business day can turn into two.
Second, if you try to transfer money right before or on a holiday or the weekend , the transaction will also take longer.
🔎Transfer can also be delayed if fraudulent activity is suspected and the bank requires additional information.

SEPA Instant is now available in the Quppy Wallet app⚡️

🤝The Quppy team is constantly working to improve our service. Now SEPA Instant payments are available to our clients! Now you can make traditional currency transactions from your Quppy IBAN account to any account in minutes.

The main advantages of SEPA Instant:
✅ instant payments in euros 24/7
✅ unlike transactions in Visa and Mastercard systems, where payments are confirmed immediately, but are received within a few days, in SEPA Instant - transactions are instant.

❓Haven't tried SEPA Instant in Quppy yet? What are you waiting for, go ahead!

Our hot wallets are already up and running👌

🔥Hot wallets are now available in the Quppy Wallet app so our users have access to both custodial and non-custodial wallets and can fully exploit advantages of both approaches.
🔒While non-custodial wallets are undoubtedly much better for long-term storage of crypto since they are more reliable, custodial wallets also have their advantages. They provide much faster access to services and instant transaction completion.

💡Now Quppy users can freely transfer their assets between custodial and non-custodial wallets in the app, so they get the best of both worlds: secure long-term storage and fast wallet for everyday use.

USDT support opens up new opportunities for Quppy users💎

📌Quppy now supports USDT - the largest stablecoin on the market. It is not just a “nice addition”: USDT opens up new huge opportunities for Quppy users:
✅Hedging risks. USDT, being a stablecoin, is a great tool for protection against cryptocurrencies volatility.
✅Staking. USDT is extremely popular in DeFi. A lot of liquidity pools require using this coin.
✅New payment modes. A lot of merchants are open for crypto but don’t want to deal with the volatility. So they accept stablecoins like USDT.

We will continue to expand the capabilities available to our users. In fact, a major release is coming really soon, so stay tuned.

if you want a quality exchange (without slippages and with decent level of security) - yes, it is quite expensive, and only very few of echanges on the market actually succeed.

High-performance custodial wallets are here🔓

💪Powerful arsenal of tools that we offer our users is soon to be supplemented by custodial wallets.
🔐While non-custodial wallets are great and secure, their centralized custodial counterparts have a lot to offer as well: they are faster and easier to integrate with other payment systems, such as cards.
💎We at Quppy do not like limitations so we offer you both solutions: a fully decentralized non-custodial wallet that is perfect for storing your coins and a custodial wallet that ensures faster transactions and allows you to use crypto cards.

🦻Stay tuned so you don't miss important news and updates of the Quppy platform.

📢 Learn more: quppy.com

Hot wallets are now available in the Quppy Wallet app🔥

How Quppy brings together centralized and decentralized solution for a unique financial experience of every user.
What is a hot crypto wallet❓

🔥A hot or so-called custodial wallet is a crypto wallet where the private keys are controlled by a third party. It is comparable to how traditional banks control funds of their clients kept on their personal accounts.
The custodial wallet structure essentially follows the same rules. The same mechanism of funds and personal information control is applied to the custodial exchanges and exchange services...

Continue reading 👉 https://quppy.medium.com/hot-wallets-are-now-available-in-the-quppy-wallet-app-d3feecaa373