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Home Crypto News

Crypto iban powered by Monerium.

Blockchain Viral by Blockchain Viral
2 months ago
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Crypto iban powered by Monerium.
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https://preview.redd.it/7a0wtsh3jute1.jpg?width=346&format=pjpg&auto=webp&s=c5b606ffb126e871ede26748624498f4a7279e31

Whats up fellow degens,

Are you tired of sending your money to a centralized exchange waiting for confirmation, buy the coin you want and when you send it out to your wallet, you have to wait again for confirmation? And on top of it all you have to pay a lot of fees.

What if I would tell you, you could send your Euro or GBP to your EVM crypto wallet directly and use it in DeFi without paying any extra fees?

Well, now you can! With a personal web3 iban from Monerium, and start sending and receiving euros between any (offchain) bank account and (onchain) EVM wallet.

But what is Monerium?

Monerium is a company based in Reykjavik, Iceland, that helps bridge the gap between traditional money and digital currencies. It is a regulated financial institution that allows you to use regular money, like the Euro or GBP, in a digital form onchain. Monerium is the first company of its kind to be licensed to do this in several European countries.

Here is how it works:

After you made an account, you connect your EVM wallet address to your personal iban.

Then you deposit €1 into your personal Monerium iban.

Monerium then mint a ERC20 token called EURe, which represents that €1.

You can now use this EURe token in your crypto wallet anyway you like.

This way, Monerium makes the gap between DeFi and TradFi smaller.

Its supported on Ethereum mainnet and various L2/side chains like Gnosis, Arbitrum, Linea and Polygon.

One of the cool features of Monerium is that you can connect your Gnosis Pay account with it and insta top up your crypto debit card from your TradFi bank.

For more info about Gnosis Pay:

Gnosis Pay, Crypto debit card
byu/Crypto-4-Freedom inGnosis_Chain

sincerely,

Crypto-4-Freedom.

Website: https://monerium.com/

submitted by /u/Crypto-4-Freedom [comments]



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