Kresus SuperApp Extends Crypto Cash-Out Service with 0% Fees
Kresus, the crypto SuperApp, has expanded its cash-out service by integrating with Coinflow Labs. This integration allows users to withdraw USDC at 0% fees, making it easier for individuals to off-ramp their crypto assets.
Improving On- and Off-Ramp Processes for Web3 Adoption
The on- and off-ramp processes are crucial in connecting the crypto economy to the traditional financial system. By enhancing and extending these processes, platforms like Kresus are driving mass adoption of Web3 technologies.
Choose the Solution That Fits Your Needs
Kresus now offers users the option to choose between a free cash-out service or a paid option. This flexibility allows individuals to instantly off-ramp their crypto assets and select a solution that meets their specific requirements.
Mass Adoption is Coming
Converting digital assets into fiat currency often comes with high fees, slow processing times, and low withdrawal limits. Kresus is addressing this issue by implementing no network fee off-ramping for USDC, providing a more efficient solution for cryptocurrency holders.
The platform allows users to convert crypto assets from multiple chains, such as Polygon, Solana, and Ethereum, into their preferred fiat currency. This is particularly beneficial for on-chain traders who store their assets in web wallets without direct access to fiat pipelines.
KYC verification is only required once, enabling Kresus users to make multiple withdrawals without repetitive identity verification.
The Race of Web3 Wallet Developers
Developers in the crypto space are striving to make technical challenges more user-friendly and give full control over crypto assets to holders. Kresus stands out as an efficient cash-out solution that minimizes intermediaries and reduces costs for users.
MetaMask, the largest self-custodial hot wallet with over 22 million users, has also launched a new feature that supports the conversion of ETH into fiat currencies through off-ramp providers. However, users may still incur gas fees and transaction fees, resulting in additional costs.
Hot Take: Kresus SuperApp Offers a Feeless Off-Ramping Solution
Kresus SuperApp’s integration with Coinflow Labs allows users to withdraw USDC at 0% fees, providing a more cost-effective option compared to other platforms like MetaMask. By leveraging on-chain infrastructure and minimizing intermediaries, Kresus ensures that crypto holders can maximize the value of their digital assets. With the growing list of Web3 players, feeless off-ramping services like Kresus are essential for driving mass adoption and bridging the gap between crypto and fiat.