₦airaland Forum

We are thrilled to announce that personal accounts (named accounts) and transfers to/from third parties are once again available in our convenient Quppy cryptocurrency wallet!

Our team listens to your feedback, and we are proud to introduce the option to restore personal accounts in Quppy. This means you can manage your funds even more conveniently and securely. Now, you can access personal accounts that are fully linked to your name, ensuring maximum transparency and ease of use.

Please note that the application will now provide you with new details in the form of personal named accounts! To perform transactions, you need to use only the new details and your own name.

But wait, there's more! We are also bringing back the ability to make transfers to/from third parties. This opens up a world of possibilities: you can comfortably send and receive funds from your friends, business partners, and loved ones, even if they don't have a Quppy account. This provides you with greater freedom in managing your finances and expands your network of contacts.

At Quppy, we strive to provide innovative and reliable solutions for managing your cryptocurrency assets. We value your trust and continuously aim to introduce new features and enhancements to make your experience as comfortable and secure as possible.
Don't miss the opportunity to update your Quppy wallet to the latest version and enjoy the full range of features, including personal accounts and transfers to/from third parties. Join us and unlock the door to a world of limitless cryptocurrency possibilities!
Quppy - your trusted partner for managing crypto-assets.

Learn more: quppy.com

Quppy Slashes Transaction Fees
We have great news for all our Quppy Crypto Wallet users! We are thrilled to announce that we have significantly lowered cryptocurrency transaction fees on our platform.
At Quppy, we understand the importance of affordable and efficient transactions. That's why we have worked tirelessly to reduce the fees associated with cryptocurrency transactions, making it even more cost-effective for you to manage your digital assets. Please note that this fee reduction excludes stablecoin transactions, which will continue to be subject to standard rates.
Whether you're sending, receiving, or exchanging cryptocurrencies, our lowered transaction fees will ensure you save money without compromising on security or speed.
Experience the benefits of our enhanced cost-effectiveness and seamless transactions by downloading the Quppy Crypto Wallet today. Join thousands of satisfied users who are already enjoying the convenience and affordability of our platform.
Don't miss out on this incredible opportunity! Start enjoying reduced cryptocurrency transaction fees with Quppy Crypto Wallet now!
Learn more: quppy.com

USDC joins Quppy's cryptocurrency wallet: Stability and predictability for all users💲
We are pleased to announce that the Quppy cryptocurrency wallet is adding a new coin, USDC, to its service. USDC is a stablecoin that is pegged to the US dollar, providing stability and predictability for users.
Quppy always strives to provide our users with maximum opportunities, and adding USDC to our wallet is one way of achieving this goal. We are confident that our wallet users will be able to enjoy the benefits of USDC and use it for fast and reliable transactions on the cryptocurrency market.
In the Quppy app, users can now buy, sell, and store USDC, providing them with even more flexibility and control over their cryptocurrency assets. We will provide support for storing and managing USDC in our wallet, so that users can manage their assets most effectively. In addition, our support team is always ready to help our users with any questions or issues.
We aim to be leaders in the cryptocurrency wallet market, so adding new coins is our priority. We will continue to work on improving and expanding the functionality of our wallet to provide the best user experience for all of our users.
Stay tuned for our updates and get access to the most promising coins on the market with Quppy!
*USDC is already available for Android devices, iOS is in progress.
Learn more: quppy.com

You can top-up your Quppy account via Wise
We at Quppy always strive to provide our users with the best service possible. We’ve noticed that Wise has become one of the most popular international money transfer services. It’s not surprising - Wise is easy to use, fast and does not charge a lot for transfers.
And now you can take full advantage of Wise’s low fees and high speed while topping-up you Quppy account.
It is extremely easy to do
Sign up with Wise (or login into your account)
Specify the amount you want to send to your Quppy account
Fill in your details (Wise does not share this data)
Specify your Quppy IBAN account as the recipient of the transfer
Select the type of transfer
Check the details and make the transfer
Learn more: quppy.com

Digital Wallets and Digital Identity: the contemporary banking must

Today, we have to prove who we are in nearly all the applications and services we use. Whether it’s showing your passport when traveling abroad, verifying your age at a bar, or getting into college, there’s no shortage of common ground when it comes to verifying your identity.

This is the most important point of verifying yourself when it comes to finance and banking. Whether it’s applying for a mortgage, entering into a new mobile contract, or signing a new lease, the client must be able to prove that they are who they say they are and that they have the necessary funds and a transparent credit history.

Banking is one of those sectors having undergone massive digital transformation over the last years and is rapidly moving away from analog ways of doing business. It is no longer necessary to visit a bank branch in person for many events — in fact, a survey conducted by KMPG found that one in five consumers in the UK have not visited a bank branch since the Covid-19 pandemic — a great digitalisation trend that is meant to expand further.

As many consumers increasingly apply for mortgages, open accounts, and manage their finances purely digitally, there is a growing case for digital identity.

About Digital Identity

Digital identity works exactly like the physical one, only in a digital environment.

Digital identity appears in two main forms. The first one is a digital version of an official identity document, such as a digital driver’s license, which is stored in a mobile wallet on your smartphone.

The second one is represented by credentials for accessing online services. They are usually created during the initial identity verification process (KYC), usually involving verification of an official identity document and, increasingly, some form of biometrics. For the consumer, this could be the data they use to log into the mobile banking app on their smartphone.

These two areas cover a huge number of interactions, including both everyday moments and life milestones. Signing a new SIM contract with a mobile provider, connecting a smart speaker to a home smart hub, and getting a loan to start your own business are at different ends of the spectrum in terms of value, yet they are all digitally accessible.

Digital identity verification has a number of advantages, one of which is convenience and simplicity for customers. However, if this is not done in a secure manner, it may compromise end user data.

In the absence of personal verification, how can the person and business on both sides of this interaction know that whoever they are dealing with is a genuine and trusted party? This is especially true in the banking sector to protect customer money and prevent fraud.

Trusted digital identities are essential to bridge this gap and ensure that people and machines can trust other organizations, businesses and devices, and vice versa.

The importance of Digital Identity

Without trust of their customers, banks and other financial institutions will not be able to implement the digital transformation they need to improve the quality of their services. Similarly, in the absence of trust, consumers will not feel comfortable using online tools, which may mean they miss out on access to essential services, which is a major barrier to integration.

Today, many users rely on online banking services more than ever before. Massive branch closures mean that for many this is the only way to access financial services, so building trust is vital.

Moreover, “traditional” forms of identification are no longer enough to provide proper online security. Using passwords in isolation, for example, no longer meets the needs of a society that depends so much on being online, given that they are a relatively weak form of authentication. As criminals constantly look for holes in the armor of consumers and businesses, more needs to be done to protect these parties.

Protecting your Digital Identity

Criminals always find a way to take advantage of disasters. Over the COVID-19 pandemic, there was a surge in phishing emails and online scams by nefarious individuals and organised groups who want to steal data. A good way to provide an extra layer of security beyond passwords is to use multi-factor authentication (MFA). Multi-factor authentication means using something other than a username and password to log into an account. This could be an authentication app on a mobile phone, or a security key that plugs into a USB port. With MFA enabled, even if criminals somehow manage to get hold of logins and passwords, they still won’t be able to log in without this “second factor”.

First, if attackers find they can’t access an account because of MFA, they’re much more likely to just try another one rather than waste time and effort trying to bypass or remove MFA protection. Secondly, the MFA implementation process can only increase the security awareness of all users, which benefits everyone, both privately and professionally. One of the biggest security threats is account hijacking. If hackers gain access to an Office 365 account, not only can they use it to send and receive malicious emails that appear to be from a legitimate sender, but they can also access data and information stored in OneDrive or SharePoint. It’s like getting the keys to a kingdom: the financial and reputation damage can be enormous. For too long, convenience has been more important than security, such as being able to log in with just a password from anywhere at any time. The main problem with passwords is that most people are not good at choosing strong passwords and tend to reuse passwords rather than setting different passwords for each account. Reusing a password, choosing a weak password, or not detecting a phishing email all put users at risk. But once MFA is set up, the security system appears. This isn’t to say that it’s infallible — the MFA can be exposed too — but it takes extra time and effort, and in many cases the perpetrators simply won’t bother. If people choose their own passwords rather than using a password manager to set and store strong passwords, the result is usually a weak password. It’s incredibly true that the most popular password of 2019 was 123456, and “password” is number four. Cybercriminals use this complacency to launch automated attacks against hundreds of thousands of accounts using lists of commonly used passwords, a technique called password spraying. The success rate may be low — perhaps less than one percent — but if they target 100,000 accounts, that’s still a lot of compromised accounts.

Inserting credentials comes from the fact that people often use the same password for multiple accounts. Passwords stolen in one data breach are reused to access other platforms. In these cases, a super-strong password is useless.

How does Digital Identity protect us

Digital identities are designed to solve all these problems. Not only do they provide 100 percent trust in all links in the value chain, but they also play a key role in enabling inclusion for all parts of society, providing security through unique biometric identifiers such as fingerprints and facial recognition, and creating a seamless experience for consumers and ensuring compliance for businesses. They must also be created with confidentiality in mind by design principles. Identity data should be stored on the device in secure chips or secure applications, biometric verification occurs locally where possible, and users should retain control over the data they choose to share.

When properly designed, one of the advantages of digital identity solutions is the ability to exchange only the necessary data — only in the form of a transaction or certificate. To put this in context, when you contact a real estate agent to rent a property, you are usually asked to provide 6 months of bank statements to prove that you are financially viable, or if you are not, details of a guarantor who can vouch for you. In fact, all you need to prove is financial solvency — why would you need to provide detailed bank statements for this? In practice, digital IDs in this context would be enough to show the real estate agent that you are financially viable without handing over a bunch of data about your personal finances.

Trust is the most important currency in the digital world, and in the banking sector as well. Digital identities are how that trust is communicated and implemented, and as such, their importance to our online community cannot be overemphasized.

Truly wide adoption of crypto payments is coming
According to the survey conducted by Ripple, 97% of payment firms all over the world believe that crypto will globally enable faster and cheaper transactions in the coming three years.
Granted, there may be some bias due to Ripple itself being a blockchain-based payment provider, but the data is still striking: 50% of payment executives believe that within one to three years most merchants will accept crypto and 52% consider integrating crypto themselves.
In other words, soon those who do not integrate crypto payments into their e-commerce business will fall far behind the curve.
Learn more: quppy.com

The craziest banking week since 2008
Public and private markets are busy analyzing and going on after the heated weekend that took on with the collapse of the Silicon Valley Bank late last week. New York state regulators closed Signature Bank on Sunday, a major lender in the crypto industry, in an attempt to prevent the banking crisis from spreading. Banking regulators stated the Signature Bank depositors to have full access to their deposits to guarantee depositors of the bankrupt Silicon Valley Bank to have their money returned...
Continue reading quppy.medium.com

[img]https://i.postimg.cc/hj3kMJFZ/fb-3.png[/img]

A banking crisis is looming, American banks are losing their licenses.
Naturally, the ongoing crisis in the US banking sector is extremely concerning for our users. The consequences of the SVB collapse and the Signature Bank closure are already quite severe - major US banks have lost billions and billions of dollars in a matter of hours today - and it is obvious that it is not the end of the story. And the crisis will have global consequences, not limited to the US.

However, there is no reason for Quppy users to panic.
First, we do not have any exposure to either SVB or Signature Bank. Thus, Quppy will not be affected by the immediate fallout in any way.
Second, Quppy is not a part of the US banking system. So if, for example, withdrawal of deposits in the US will be suspended or limited, Quppy users will not be affected.
Third, and most important: Quppy offers non-custodial wallets as well. Thus, it is not necessary for you to trust us - it is you and only you who controls your funds in a non-custodial wallet.
🙏In other words, Quppy will provide you with a safe haven in these difficult times.

Learn more: quppy.com

Quppy - verification can be very easy
Quppy is a universal neobanking platform that works with both cryptocurrencies and fiat currencies. Thus, we are legally required to verify the identity of every customer using any services related to fiat. We do understand that for a lot of people in the blockchain community KYC procedures are a very loaded subject, So we tried to make this process as fast and streamlined as possible.

Only seven simple steps are
Fill in your personal data in the app
Choose a document (preferably your ID card or international passport) - this document must contain your name and surname in Latin characters.
Fill in the additional data if requested
Make a selfie
Make a selfie with the document
Upload a photo of the document’s front side
After that you don’t need to do anything - #verification will be carried out on our side and you’ll be able to monitor the status updates on the same screen. In the overwhelming majority of cases verification takes only 15-20 minutes.

Learn more: quppy.com

Crypto today is more decentralized than ever
The dynamics between centralization and decentralization tendencies in the crypto market have been very interesting in 2022.
On the one hand, it is undeniable that huge crypto corporations control more and more significant share of the market, and most researchers think that this trend will continue. Even relatively conservative forecast by Emergen Research tells that by 2030 over half of the crypto market volume will be concentrated in the hands of a very few players.
On the other hand, according to Glassnode, retail investors (people who own less than 10 different cryptocurrencies) own over 17% of all BTC coins in circulation. While it may not seem very impressive, it is an all-time-high.
In addition, more than 40% of retail investors claim that they will continue investments in crypto in 2023. That is a very high figure as well in comparison with previous years.
We are not sure that retail investors will “overthrow giants” any time soon, but it is very clear that more and more ordinary folks enter the blockchain space. And that’s great!
Learn more: quppy.com

Binance troubles with fiat continues

Binance will stop deposit and withdrawal operations with British pound (GBP). For new users GBP on- and off-ramps are not available since March 13 and from May 22 they won’t be available at all.

The exchange’s fiat partner - Paysafe - notified Binance that they will no longer be able to provide GBP deposit and withdrawal services from May 22, 2023.

And let’s not forget that Binance suspended USD bank transfers on March 8, SWIFT transfers of less than $100,000 a week before that. In other words, it looks like even the largest cryptocurrency exchange have severe problems with fiat operations.

Basically, the only viable solution today is to use only crypto for trading and rely on dedicated platforms like Quppy to exchange your crypto for fiat. After all, no one can guarantee that your favorite exchange will have fiat withdrawals tomorrow.

Learn more: quppy.com

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

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

Check out Quppy referral program
Every fintech company nowadays should have a referral program
Quppy is no exception, however, we decided to use a different approach. Instead of complicated schemes we offer a very simple flat fee:
Once your friend exchanges the equivalent of 600 Euros via Quppy, both them and you receive a €15 reward. And there is no limit on how long it may take them after registration. Clear and simple, isn’t it?
And unlike most other similar programs, you can be rewarded even if your friend buys or sells crypto just once.
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.

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

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

You’re no longer tied down by banks�

�Banking has always been quite troublesome for people that regularly travel between multiple countries and live a nomadic life. Despite attempts at globalization, international transfers are still slow and expensive.

�Cryptocurrencies are arguably the best solution for this problem, but you still need fiat - despite their proliferation, crypto is still an oddity in the bigger world.

�Quppy offers a universal solution for nomads: it combines cryptocurrencies with fiat IBAN accounts (the largest international standard for banking), SWIFT transfers and other tools that make sure you have top-quality banking services anywhere in the world.

� Learn more: quppy.com