Friday, December 27

Crypterium, the crypto banking app with over 650,000 clients in over 170 countries, is trying to bring onboard the next billion users in DeFi space with Choise.com.

What is Choise.com?

Choise.com combines all the benefits of CeFi and DeFi (centralised and decentralized finance) services in one system.

According to the company, this bridge between CeFi and DeFi user bases will greatly simplify user exposure to DeFi products, making the process easy, reliable, and fool-proof. At the heart of Choise.com is a new, in-house DeFi ecosystem Charism, a suite of products (non-custodial wallet, cross-chain bridges, transaction builder, decentralized derivatives, and other solutions).

The company claims that such integration will allow anyone — even the newest crypto novice — to take advantage of farming, decentralized exchanges, liquidity pools, and other benefits at the press of a button.

The internal protocol will make it possible to implement previously unavailable solutions, all without requiring users to switch blockchains or install endless amounts of applications. Everything is available in a single customizable app interface. Charism marks the reveal of Crypterium’s Choise.com ecosystem, as it enables users to choose between methods of use.

Crypterium CEO Vladimir Gorbunov, said:

“We have combined our Crypterium CeFi and Charism DeFi solutions in the Choise.com product to make DeFi adoption much easier for 100 million users worldwide. We bridge the best of CeFi with the best of DeFi to become accessible and to earn more.”

“Choise.com is the next step in Crypterium’s strategy — enabling users to have a choice between CEX and DEX. We did the fully first MetaFi solution created to break borders between CeFi and DeF focused on maximizing EARN and cross-chain.”

In October, Crypterium got registered by the UK’s Financial Conduct Authority (FCA) to provide cryptocurrency services to UK citizens and companies. In fact, Crypterium is amongst a small handful of companies to have passed the registration process from almost 200 that have so far applied.

Crypterium is set to launch a physical US Visa card in Q1 2022. The company has been a part of the Visa Fast Track program for more than a year. Visa Fast Track is a program offering Visa-powered on-boarding features to emerging Fintech groups and firms.

Read Also: Rocket Vault Finance partners with Blockpass for faster customer onboarding

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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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