09/28/2022, Tallinn, Estonia // PRODIGY: Feature Story //
Embily has launched a new feature on the platform that allows users to buy cryptocurrencies using a bank card. Bitcoin will be the first available coin.
Embily’s crypto banking services are not currently custodial free as the company does not store users’ cryptocurrencies. Instead, the funds are sent directly to the buyer’s wallet. The company plans to launch a depot wallet in Q4 2022 that will allow users to store their cryptocurrencies for added convenience.
“We aspire to transform Embily into a full-fledged financial ecosystem; Embily’s crypto cards will be just one of the components of the system. Now we enable our customers not only to use cryptocurrencies, but also to buy and manage them. Step by step we will provide a complete banking infrastructure,” said Alex Bychkov, CEO of Emby.
Buying cryptocurrency is available for all countries except for a few that are currently sanctioned. In order to use the service, users must first register on the Embily website and go through the standard KYC procedure. After successful verification, users can buy Bitcoin through their Embily accounts via VISA and MasterCard in any available currency.
Emby provides cryptocurrency banking services and currently operates under an Estonian license in full compliance with legal requirements and global financial legislation. The company offers its customers a wide range of convenient banking features through VISA and MasterCard gateways, as well as options for over-the-counter cryptocurrency purchases and ATM withdrawals.
Company name: Emby
This article does not contain an offer to sell, a solicitation of an offer to buy, or a recommendation for any securities or other products or services. Furthermore, nothing in this PR should be considered…