Now the commissions have dropped significantly, so it makes sense to prioritize the commission for fast transactions.
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Now the commissions have dropped significantly, so it makes sense to prioritize the commission for fast transactions.
To be fair, all this commotion around crypto made me a bit nervous - are there any risks of new regulations impacting Quppy’s operation?
At the moment we don’t have any information about any such regulations, so Quppy works as usual.
Well, new regulations are still in the “talking” stage, there won’t be anything implemented in the coming weeks.
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All you need to know about Network Fee and why you should pay for it💰
The Network Fee is a necessary fee that is charged to keep the blockchain running and complete the transaction. In this case, the commission is a reward for miners who ensure the functioning of all blockchain infrastructure.
Each coin (depending on the blockchain on which it operates) has its own commission for making a transaction within the network. The size of the commission can also vary depending on the network load, as well as on the current market situation.
Since Quppy is a non-custodial cryptocurrency wallet. This means that access to wallet balances is stored on the client side. Accordingly, all necessary commissions must be paid by the user personally.
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Buying crypto with Quppy, fast and convenient👌
The Quppy team made sure that buying and exchanging cryptocurrency was convenient, fast and safe!
With the Quppy application, you can buy cryptocurrency for EUR, USD, GBP.
Buying cryptocurrency with Quppy is very simple, all you need to do is:
✅Pass a quick KYC procedure and get an IBAN account
✅Top up any of the available fiat wallets
✅Buy cryptocurrency
Also, do not forget about the favorable conditions for operations in fiat currencies with Quppy, which we wrote about in the previous post☝️
📢 Learn more: quppy.com
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THE TRON CURRENCY NOW SUPPORTED BY THE QUPPY WALLET♦️
We receive many requests from our community for support and integration of new coins in the Quppy app.
Today we are pleased to announce that TRON is now available to users of our platform! You will now be able to sell, buy and exchange TRX within the
Quppy app.
Benefits you get with TRX:
♦️High transaction speed
Since TRX is implemented on the decentralized TRON blockchain, which operates on a DPoS (Delegated Proof Of Stake) model, this ensures a very high transaction processing speed.
♦️Reliability
Thanks to the decentralized TRON blockchain, user data is securely protected.
♦️Zero or minimal fees
Each account on the network can enjoy approximately 20 free transactions per day (exact number depends on the transactions size)
All these TRX benefits are now available with Quppy wallet, hurry up and check it out!
Learn more: quppy.com
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We are launching cashback on exchange volume starting from May 1 and lasting until May, 31, 2022
How to get the cashback❓
For every 500 EUR in crypto-fiat and fiat-crypto exchange operations performed, you’ll get 15 EUR. Valid for the exchange of the first 5 000 EUR
Make the most of this offer before time runs out❗️⏳
Learn more: https://support.quppy.com/hc/en-us/a...KqzIxciYO-adJI
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Be stable with QUPPY!
We have great news to share! Tether (USDT) is now available In the Quppy Wallet! Quppy customers can now buy, sell, convert, send, receive, or store USDT (TRC-20).
Tether (USDT) is a stablecoin available on multiple blockchains that aims to maintain the same value as the US dollar. The company that created Tether, Tether Limited, claims to have enough reserves to fully back every USDT. USDT is currently the most widely used stablecoin in the world with a market capitalization of over $83 billion.
Please note: at this time, Quppy platform only supports TRC-20 USDT running on the TRON blockchain.
Learn more: quppy.com
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Quppy is a full-fledged online payment system that allows you to freely use both digital and fiat currencies. You can transfer funds to your friends and relatives or pay for goods and services on online platforms.
The key fiat service offered by Quppy is the ability to open IBAN accounts - bank accounts operating according to the international standards. With IBAN accounts you can conduct SEPA transfers. Basically, it means that for Quppy users national borders within the eurozone do not exist not only for crypto, but also for fiat money.
Learn more: quppy.com
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Fast and reliable transactions with Quppy!
With Quppy you have complete control over the speed of your transactions!
⏳In all blockchain networks the time required for your transaction to be processed depends on the reward for miners that is included in the transaction. So users have a great tool for balancing expenses and speed of their transactions. And Quppy grants you full access to this important crypto functionality.
⚙️By default Quppy uses network fee standard for the #blockchain used in the transaction. But you can easily change it by going to ""Settings"" and tapping the ""Network fee"" option. Here you can switch between “Priority”, “Default” and “Economical” modes, depending on your specific situation at any given time.
Learn more: quppy.com
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Don't miss your chance to get cashback with Quppy❗️
Hurry up, there are only a few days left to get your cashback*♂️
How to get the cashback❓
For every 500 EUR in crypto-fiat and fiat-crypto exchange operations performed, you’ll get 15 EUR. Valid for the exchange of the first 5 000 EUR
Make the most of this offer before time runs out❗️⏳
Learn more here: https://support.quppy.com/hc/en-us/a...k8lPbFnP7CyuXk
Given that Quppy just added TRX support… Are there any plans to enter the DeFi market?
Right, we would like to provide the public with a comfortable solution that will bridge traditional and decentralized financial markets.
Do you really think that people that are not already engaged with crypto will even be interested in DeFi?
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IBAN for business with Quppy
IBAN accounts are a great, virtually mandatory tool for any online business that wants to achieve success. Bank account, operating according to the international standards, supporting both SEPA and SWIFT transfers in USD, EUR and GBP and allowing to receive payments from all over the world is perfect for e-commerce. Especially in combination with the crypto option.
⏳With Quppy you can open a fully-functional corporate IBAN account within 2 days. In most banks it takes much, much longer!
Learn more: quppy.com
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Fintech and Blockchain: the Q1 2022 achievements and trends📈
What happened in Fintech and Blockchain industry in Q1 2022❓
General environment
Currently, 473 fintech unicorns operate all around the world. 40 were added in the first quarter of 2022, down 8 from the quarterly average last year, yet still a very high rate.
Fintech startups raised $32.4 billion in total in the first quarter of 2022, down 10% from the all-time high in the third quarter of last year, but still up 27% year-on-year.
Fintech funding is keeping up on a better level compared to the general situation with venture capital investments, especially if compared to last year’s levels. Fintech funding is up 27% year-on-year compared to 4% of total venture capital funding...
Continue reading 👉 https://quppy.medium.com/fintech-and...s-bdd7446e0ef2
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Why you should immediately open a wallet to buy USDT
What is a stablecoin❓
Stablecoins differ from other cryptocurrencies by a fixed cost tied to the value of fiat currencies corresponding to each stablecoin. Thus, stablecoins are the so-called stable tokens with a certain price, the market value of which is tied to a real asset.
Unlike conventional cryptocurrencies, stablecoins are backed by fiat currencies that can be traded on exchanges. In addition, stablecoins are considered a reliable store of value over an unstable economic situation.
Stablecoins provide the opportunity to enjoy the benefits of tokenized currencies, including security, privacy, low fees, and transparency, while helping to alleviate the problem of volatility. New competing stablecoins could take even more share of the stablecoin market...
Continue reading https://quppy.medium.com/why-you-sho...t-a7f19fe6d599
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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
Well, you weren’t kidding, you really decided to focus on DeFi heavily. Stablecoins support is great.
We hope to provide people with easier access to DeFi products since they will be able to purchase all the necessary assets directly for fiat on one platform.
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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
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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...pp-d3feecaa373
new people always come. The influx might be less dramatic, but it doesn’t mean that the industry shouldn’t care.
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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.
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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.
To be fair, a lot of “seasoned crypto veterans” are catching up with DeFi products only now. A lot of them were too cautious about yield farming and other DeFi concepts.
Some skepticism is never a bad thing, especially in the crypto market,
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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!
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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.
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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
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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/
even if you are skeptical, a convinient way to test the waters is always welcome. So Quppy is just perfect portal into the DeFi space.
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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
Well, we ourselves don’t consider our ecosystem perfect for that purpose - there are a lot of aspects that need further development and refinement.
It’s commendable - the developers understanding that there is no perfect software is quite a rare phenomenon.
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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
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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
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🎁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!
Developers that talk about their products not being perfect and needing improvement are not so rare, Those who actually work on said improvements - are.