Jalan Sukses: The Capverto Exchange: A Secure Alternative for the Unbanked

Presently, cryptocurrencies are becoming a widespread phenomenon that can solve many of the problems typically associated with traditional banking. Banks are highly centralized and have no transparency. You don’t know what happens to you capital once it is deposited into a bank account. Therefore you are forced to structure your financial relationships based on one-sided trust. Capverto will change this by introducing an ecosystem of next-generation banking products, prepaid crypto debit cards, p2p lending, crypto-insurance and much more.

About Capverto

Capverto Exchange is a financial platform bridging the domains of fiat money and cryptocurrency. The project brings together the worlds of fiat money and cryptocurrency by combining an international prepaid card program which can be used for banking and trading operations that use the CAP utility token.

CAP is a flexible utility token. The currency extends the basic advantages of cryptocurrency through a design that directly addresses the needs of the vast majority who are unbanked. The currency provides a comprehensive bank-like experience based on a prepaid card, which is as easy to use as logging onto a fast, well-designed website.

Capverto Features

The exchange offers the following features:

Prepaid Card Program

When it comes to prepaid programs, Capverto develops prepaid cards that serve as the link between fiat money and cryptocurrency. For instance, if you own the prepaid card, you will receive an amount of CAP tokens equal to the tier of the card purchased, which starts at $100 for the basic blue card.

You can use the Capverto card for in-store and online purchases. When you shop using the card, up to 2 percent of every transaction is reinvested into CAP, which eventually influences the token’s value. Besides, there is a full-blown reward system, which enables direct discounts at affiliated merchants.

Secure P2P Lending and Borrowing

Capverto exchange enables secure and convenient P2P transfers. Instead of owning cryptocurrency and hoping it will appreciate, holders of the currency can lend up to half of their remaining asset value and generate interest from it. Annual interest rates currently stand at 8 percent, the amount that lenders can get instantly. In the meantime, borrowers can benefit from not having to depend on traditional financial institutions.

Copy Trading Platform

With Capverto, users can easily follow and copy trades and portfolios others. Copy trading provides new users with an easy way to get started while also influence the value of the CAP token. There is much more to this clause, as 10 percent of the profit made on the platform is sharable between the original trader and Capverto exchange. The deduction and sharing happen automatically and once done, the exchange reinvests its share in CAP.

Cryptocurrency Insurance

A unique feature on the platform, the cryptocurrency insurance gives users peace of mind that their valuable assets are safe from theft. This product drew its inspiration from the famous Mt Gox exchange in Tokyo. Capverto exchange offers this product in partnership with RiskPoint.

Capverto Smart Contract

Capverto operates as an extensible, open-source framework that users can utilize to create blockchain applications. It allows users, whether individuals or corporate to create a customized blockchain.

Capverto in comparison to other crypto exchange