As one of the oldest crypto services in Europe, Cryptopay appeared in 2013 and initially offered processing services. Since then it has changed dramatically and today Cryptopay provides clients with Bitcoin wallet and crypto loan services.
The core product of platform is Bitcoin wallet, that offers easy and prompt currency exchange for fiat money like dollars, euros and British pounds. Moreover, developers has designed credit cards attached to the Cryptopay wallet, which allows to pay for purchase with cryptocurrency in any store all round the globe in case there is a payment terminal. Another popular and effective service of this platform is cryptocurrency lending, which works on the “pawn shop” principle. What is more, the team plans to develop the project in the banking sector and provide customers with various services, like keeping current accounts for example. It’s quite difficult for cryptocurrency enthusiasts to open and maintain an account in European banks, that’s why Cryptopay team is going to solve this issue. The last desired development field is ICO. The team is confident that they will be able to create a marketplace for an ICO, where investors will be protected from scammers.