[PRESS RELEASE – Please Read Disclaimer]
New features include buying/selling crypto and converting it into supported coins in the wallet.
Divi Labs, a specialist decentralized payments ecosystem provider and developer of the self-custodial Divi Wallet, today released a raft of new features that will enable mainstream users to take full control and ownership of their digital assets.
Engineered to seamlessly bridge the gap between the worlds of Trade-Fi and DeFi, the update allows users to buy crypto, convert between 270+ supported coins, and soon have NFTs directly into their mobile Divi wallet. Wallet users can purchase BTC, LTC, ETH, USDT and USDC via credit or debit card, wire transfer, and selected US bank accounts.
When comparing transaction rates, Divi is more competitive than Simplex, Transac, and Moonpay. Whereas wire transfers and payments on ACH are on par with the competition.
Delivered with Divi Labs’ trademark focus on usability and accessibility, the new features ensure that anyone can enjoy the benefits of decentralized finance without compromise. Unlike many mainstream custodial wallets, which ask the user to relinquish control to facilitate a user-friendly experience, Divi’s self-custodial mobile wallet is easy to use, while giving users complete control of their coins and keys. does.
Divi Labs CEO Nick Saponaro said, “If we want to bring the mainstream user onboard, it is critical that we remove barriers to entry and remove as much friction as possible between old and new world finance. ” Our solution brings together the best of both. You get the user experience and fintech compliance with the self-custody of decentralized finance.
To give users the greatest amount of flexibility and choice, Divi has implemented a number of routes for converting cryptocurrencies. This includes transfers within or between Divi Wallet, from Divi Wallet to External Wallet, from External Wallet to Divi Wallet, and between two External Wallets.
In addition, users will not need to convert their coins before making a transfer. This removes the many layers of complexity and enables users to reduce the number of conversions, transfers and gas fees required to move assets from wallet to wallet, cross-chain, or participate in decentralized exchanges.
“All the pieces are now in place to make crypto as accessible and usable as possible. But it is much more than that. It is the culmination of years of hard work, coordination, perseverance and perseverance by the team and the infrastructure needed for rapid growth.” establishes it,” Saponaro said.
In addition to the upcoming NFT storage, Divi is also working on a DeFi feature set that will enable users to engage in decentralized governance while simultaneously participating in pools on decentralized exchanges like Uniswap.
Divi will launch new wallet features today with partner LaLiga during a live half-time show at the historic FC Barcelona vs Team A-League match at Accor Stadium Australia in Sydney. This is the first time the Spanish football giants have played Down Under, and to help celebrate, Divi has several surprises in store for the capacity crowd, which is expected to reach 80,000.
The Divi mobile wallet can be downloaded from the Android and iOS stores.
About Divi Labs
Divi Labs is on a mission to improve people’s lives by simplifying crypto and accelerating its mainstream adoption. By removing barriers to entry, inventing new frictionless technologies, and delivering use cases to the developed and developing world, Divi is helping people around the world engage in the crypto economy and achieve financial freedom and inclusion. Used to be.
Whatever Divi does is in the service of her vision; Delivery of a new paradigm for financial services. One that is truly decentralized, accessible to all, and works for all.
PrimeXBT Special Offer: Use this link to register and enter code POTATO50 to get up to $7,000 on your deposit.