In this rapidly growing industry, there are all kinds of viable projects, platforms and protocols that are actively striving to be the best. In such a competitive sector though, it can often prove difficult to know which projects are worth checking out and offer genuinely useful and innovative features and services. However, if there is one initiative that everyone should be keeping an eye on going forward, it’s Wallex.
What is Wallex?
Wallex is an all-in-one asset and digital asset ecosystem that enables the average person to effortlessly enter the virtual asset field and integrate crypto into their company and daily lives. In a nutshell, the ecosystem offers revolutionary banking and a comprehensive spectrum of services that combine traditional finance with blockchain technology.
Simply put, with its infrastructure, Wallex empowers the future of assets and virtual assets while providing a truly unique experience that benefits everyone involved.
What’s so special about Wallex?
Naturally, there are many other ecosystems in this space as previously alluded to, so Wallex wants to go above and beyond to ensure that its customers are given top-of-the-line services and novel features that will make investing in the platform a worthwhile endeavor.
For starters, Wallex is highly compliant and very secure. The ecosystem provides financial solutions built on a compliant, regulated, and safe framework which aids in capitalizing on the inevitable digital transition. Wallex is hence fully regulated, subject to the same capital requirements and audited in the same manner that traditional financial institutions are, so that users do not have to worry about any potential legal problems arising while using the platform.
Moreover, it has a borderless ecosystem. This means that Wallex’s users are given instant access to all of their favorite fiat currencies as well as digital assets and any related needs would be taken care of too. Some of the main currencies that Wallex users can enjoy involve but are not limited to Bitcoin (BTC), Ethereum (ETH), and mainstream fiat currencies like the British Pound, the U.S Dollar, and the Euro.
What else is there to know?
With Wallex, users are able to earn interest by accessing new financial opportunities beyond that of the virtual assets. These new ways to earn additional income are certainly appreciated and needed nowadays.
Furthermore, there is even a deposit guarantee which can be obtained by depositing fiat funds into a user’s EURST account which also has FDIC insurance benefits. Custody options with secure, flexible and reliable solutions are additionally available (Wallex was recently named one of the top custodians not too long ago). Other notable features include a startup incubator, tokenized payments, whitelabel API, asset protection, neobanking, and crypto and fiat boosters to increase cash flow.
Is Wallex worth it after all?
With such a wide range of features and services, Wallex aims to offer something for everyone which includes businesses, individuals, innovators, exchanges, OTC desks, brokers and dealers. The team has several years of relevant experience in trading, banking and compliance which collectively guarantee adherence to regulatory and KYC requirements.
In terms of future goals, the Wallex team will continue to expand the ecosystem’s presence around the world, in addition to also launching the institutional program and becoming a commercial trust for virtual currencies.
Also, Wallex will offer stablecoin services on a large scale in order to further help mainstream adoption. So far, Wallex has over 500,000 clients, more than $7.4 billion in turnover, and on-boarded over 218 platforms. Needless to say, Wallex has certainly impressed thus far and doesn’t show signs of slowing down any time soon.
