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How to Manage Cryptocurrency at Every Level?

One tool to let you deal with every transaction you need – can it be true for cryptocurrency? In fact, it can. Find out how.

Over the past decade, many solutions have been devised to perform financial operations with digital currency. However, one solution often replaces the previous, thanks to its extended functionality, better security, and new features that take over the client audience.

This process is natural since we always strive for the opportunity to use the best instruments instead of getting stuck in outdated ones. Still, even with a bunch of good apps for sending and trading crypto, users can sometimes get confused. This happens mostly due to the lack of interoperability and integrations that those tools offer.

How to Manage Cryptocurrency

Luckily for us, there are brilliant products that blend a set of features beautifully. One such is Defiway.com – it acts as a cryptocurrency wallet, bridge, payment tool, payroll, and treasury at the same time, allowing users to have a single account and perform all necessary operations quite seamlessly. 

Role in the Blockchain Ecosystem

As mentioned above, It aims to combine all the key features needed for everyday crypto management for different users, whether they have coins just for personal use or are involved in large-scale financial operations and are, for example, paying salaries to employees in crypto. 

In other words, its role is to make things simple as day. Sending and receiving tokens doesn’t have to be complicated or expensive. It also keeps to stringent security standards to guarantee the success and safety of all users’ operations.

Features and Services Breakdown

To help you understand how it works, let’s take a deep dive into each function. The official website contains all the features described in this section. 

1. Crypto Bridge

It’s known that blockchains are not made to function together. They are isolated in a sense. Each of them was developed with a set of specific characteristics and works with certain protocols and smart contracts. So, transferring funds from one blockchain to another is usually impossible.

To allow for data exchange between blockchains, the Bridge tool was created. Simply put, bridges ensure cross-chain transfers by giving access to the required protocols on another blockchain. This improves scalability and saves the time and costs needed for performing the same transactions. 

2. Crypto Pay

It is a function that lets you, for instance, add a custom crypto payment plugin to your website. It’s all about receiving crypto payments in a few seconds, regardless of the location or gadget used. 

The client chooses the currency to use, and the money is sent to you with the least amount of fees. 

3. Crypto Payroll

If, as a business, you would like to send your team wages in cryptocurrency, Payroll is tailored to let you do it quite nicely. The only requirement is having a crypto wallet. Such payouts don’t need to include any third parties. They are fully secure, with the opportunities to get even more than the typical salary due to the rapid rise of cryptocurrencies in value. 

You can schedule payouts in the employee-preferred digital currency, manage taxes automatically, track payments, and much more. 

4. Crypto Wallet

The wallet is, perhaps, the most frequently sought-after feature that unites all users in the desire to store and send coins conveniently. The Wallet is, however, more advanced. With the tried and true cold storage, built-in multicurrency exchange feature, NFT storage, and bank card support, it makes an amazingly reliable and easy-to-use tool to have at your disposal. 

In addition, one can accept and send tokens using only usernames, meaning that no threats to sensitive info will ever be there. Fraud protection and no compulsory KYC verification contribute to the safety of payments

5. Treasury

This tool relies on multiple signatures to prevent the loss of tokens in case a user’s security key is no longer private. It is meant to restore control over the assets stored. How exactly? It offers its Plan-B, or reserve option, even if one of the security keys isn’t reachable. It also allows you to hand over control to others to whom access to your account was entrusted. 

Joint accounts are a separate reason why using Wallet and other tools is worthwhile. 

Reasons to Choose

Now, with all the features that we resumed and the understanding of what they can provide, it’s time to recap all their real-life pluses. Here is what you will delight in if you give them a try. 

● Taking away the boundaries between different blockchains and, as a result, smooth operations. 

● Lower transaction fees, compared to its rivals, and shorter waiting time. 

● Uncompromised security, including two-factor authentication, PIN codes, and fingerprint access. 

● Handy exchange feature right in the wallet.

● Support at any time of the day and night. 

● High speed of transactions when using Bridge.

● Functioning as a single app on multiple devices (plus a separate web Wallet extension).

● Support of web3 and DApp browser.

● Great opportunities for businesses to increase their market presence & widen their client base. 

● Zero chargebacks. 

All in all, these advantages go down to experiencing greater financial freedom and transforming the way you have been doing crypto operations before. 

Case Studies

It’s best to showcase its capabilities with the help of real-life examples. 

Case 1: Lily is an e-commerce leader and was highly dissatisfied with traditional banking, with the formalities and the time it takes. In addition, there was an issue with high fees. Having come across the tool and received consultation, she decided to implement Wallet, Pay, and Payroll. This allowed her company to spend less time sending crypto, save time, and make it convenient for customers to pay online. 

Case 2: Daniel’s IT company has been trying to implement crypto salaries, but it has been a mess with all previous instruments. Now Payroll lets him automate the process and receive his salary in crypto with no delays. They also added a brilliant feature of making swift crypto donations on their website. 

The Road Ahead

The way that it has gone is pretty impressive, and the innovation it brings is a great game-changer for multiple industries. Platform plans for the times ahead. 

It aims to make the crypto sphere comprehensive for all types of users. When it comes to businesses, it is called to enable them to perform crypto transactions autonomously, safely, quickly, and with eliminated fees. In the course of further development, It is pursuing to incorporate technologies such as AI and IoT, as well as adding new networks to Bridge. 

Conclusion:

To sum it up, it is an irreplaceable instrument for carrying out crypto operations, integrating new functions into your business team, and offering them to clients for broad use. 

Success stories and years of experience highlight the practical value of its services. At the same time, the extent of being committed to innovation speaks to the world that it has the potential to grow even more.

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TechGlobeX: How to Manage Cryptocurrency at Every Level?
How to Manage Cryptocurrency at Every Level?
One tool to let you deal with every transaction you need – can it be true for cryptocurrency? In fact, it can. Find out how.
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