Nubank streamlines crypto transactions

Digital Reinvention
28/05/2024News

Nubank, a prominent digital banking platform, has unveiled its cryptocurrency transfer feature, enabling customers to send and receive crypto assets directly from their wallets. Initially supporting Bitcoin, Ethereum, and Solana, the platform plans to incorporate additional cryptocurrencies and networks soon.

Thomaz Fortes, Director of Nubank Crypto, underscores the customer-centric approach: “We're committed to simplifying user experience and empowering customers to manage their crypto assets efficiently.”

The feature introduces an exclusive pricing structure to manage blockchain volatility, ensuring competitive fees while maintaining Nubank's user-friendly interface.

“Our customers now enjoy seamless asset transfers with attractive rates,” Thomaz explains, highlighting the platform's commitment to comprehensive customer service.

Prioritizing compliance and security

Nubank prioritizes compliance and security, partnering with Chainalysis, a blockchain data platform, to uphold rigorous standards for crypto transactions. This collaboration enhances customer protection, monitoring blockchain addresses for suspicious activity and safeguarding against illicit transactions.

“Nubank is setting new security benchmarks in the financial sector, ensuring users can transact with confidence,” Thomaz concludes, emphasizing the platform's dedication to providing secure and reliable services.

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