Thread: Quppy.com-Buy/Sell/Store (crypto ⇆ fiat), SEPA, IBAN, etc..

We hope to provide people with easier access to DeFi products since they will be able to purchase all the necessary assets directly for fiat on one platform.

https://i.postimg.cc/FsqQPBxy/Group-19083.png

Quppy - your universal financial platform💎

💡Any financially active person knows how much of a hassle it can be to manage more than a few assets. The number of mobile applications required is a pretty good indicator of what modern online finance has become.

🤔Let’s just count:
✅Your bank’s app
✅E-money apps (most people have 2 or 3)
✅Cryptocurrency wallets (again, most people have at least 2 or 3 wallet applications)

😵‍💫So we are looking at at least half a dozen apps without even counting trading applications.

😊👌Fortunately, Quppy helps you to sort this mess out. You have most major crypto assets and main fiat currencies in one application that allows fast and cheap exchange between these assets.
📢 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...pp-d3feecaa373

new people always come. The influx might be less dramatic, but it doesn’t mean that the industry shouldn’t care.

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.

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.

To be fair, a lot of “seasoned crypto veterans” are catching up with DeFi products only now. A lot of them were too cautious about yield farming and other DeFi concepts.

Some skepticism is never a bad thing, especially in the crypto market,

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!

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.