Key Takeaways
- Inclusive crypto platform: Olliv breaks down the exclusivity barrier of cryptocurrency and welcomes the next generation of investors.
- Self-custodial wallet: Olliv provides a frictionless and secure way for consumers to buy, sell, send, receive, and swap assets with a self-custodial wallet.
- Bridging physical and digital investing: Olliv serves as a bridge between physical and digital investing, expanding accessibility to emerging technology.
- Commitment to innovation: Olliv is committed to disrupting the traditional finance system by providing essential services for all users, regardless of level of experience.
The roots of cryptocurrency can be traced back to the deep-seated issues within centralized banking systems that have plagued economies worldwide. It was the need to address these issues and provide a decentralized alternative that gave birth to the concept of crypto as we know it today.
However, platforms like FTX implode as the industry finds itself operating in that all-too-familiar centralized format. With 43% of American investors skeptical of crypto, how can the industry get back on track?
CoinFlip, an award-winning crypto company, is launching a decentralization platform bringing bring DeFi back to the industry and put an end to its “CeFi” turn. CoinFlip is putting the power back in the hands of the individual, with a focus on self-custodial management that removes the risks of centralized finance and cuts out any bad actors. After all, blockchain and crypto never failed – it was the people behind the curtains who caused the problems.
CoinFlip Launches New Crypto Platform ‘Olliv’
CoinFlip, a crypto-powered FinTech, today launched its new self-custody-powered crypto platform called Olliv.
This platform will enable users to buy, sell, send, receive, and swap assets on a self-custodial wallet, providing a safe, inclusive, and accessible space for everyone to participate in the digital economy.
Make Cryptocurrency accessible to next generation of investors
Olliv is aimed at breaking down the exclusivity barrier of cryptocurrency and bridging the gap between physical and digital investing by leveraging CoinFlip’s existing network of crypto ATMs and award-winning customer service. The platform’s commitment to transparency ensures users have clarity around fees and pricing, while trusted payment integrations enable secure and seamless payments.
Ben Weiss, CEO and co-founder of CoinFlip, said that the goal of Olliv is to demystify cryptocurrency and create an inviting community for everyone. The company aims to welcome customers with open arms into this next step toward financial revolution, regardless of their financial knowledge or background.
Olliv’s ethos is centered around education, simplicity, and ease of use, and the platform will offer guidance and insights to make it easier for users to achieve financial freedom, the company told in a statement shared with AlexaBlockchain.
Rory Herriman, Chief Technology, Digital, and Strategy Officer of CoinFlip, said that Olliv’s vision is to break down barriers around safety, security, and sovereignty, to empower people to invest and give them individual ownership of their assets thanks to the accessibility cryptocurrency provides.
According to CoinFlip, Olliv is creating a unique space for people to join the crypto ecosystem at a pivotal point where technology and use cases for digital currency are rapidly evolving.
Launching in United States and Puerto Rico
Olliv will be available in the United States and Puerto Rico, except for Alaska, Iowa, New York, Oregon, Nevada, Arkansas, Louisiana, and Vermont, with plans to expand according to local regulations.
CoinFlip’s exceptional growth has been recognized by Crain’s Chicago Business and Inc. 5000, and the company’s 2022 revenue exceeded $100 million. With the launch of Olliv, CoinFlip solidifies its position as a leader in the financial revolution fueled by cryptocurrency and blockchain technology.
Read Also: CoinFlip Brings Physical Gold to Crypto Users with PAXG Listing on its ATM Network and Trade Desk