Bringing Traditional Finance and Crypto Together with Renegade
As the crypto industry continues to grow, it becomes increasingly intertwined with traditional finance (TradFi) to the benefit of end users. TradFi is notoriously slow, inefficient, and expensive. International wire transfers, which take days and come with double-digit dollar fees in most cases, are a perfect example of the current state of traditional finance.
Decentralized finance (DeFi), on the other hand, has the potential to provide similar services such as fund transfers, payments, and storage much quicker and at lower costs. However, most financial technology (fintech) applications offered by TradFi services win over users in terms of user experience and simplicity. This leaves DeFi apps unnecessarily complex and obscure, resulting in limited adoption.
Mainstream users require a friendly experience and easy-to-use applications to dip their toes in decentralized waters before becoming full-fledged crypto users. Similarly, DeFi users need a bridge to utilize their crypto funds in their everyday lives. They seek a fintech solution that is free from the complexity, logginess, and expensiveness of traditional finance services.
Redefining User Experience with Renegade
Renegade, a Web3-ready financial services platform, aims to bridge TradFi features with crypto and DeFi by providing users with a clean, easy-to-use interface through its mobile apps developed for iOS and Android. It offers a standard TradFi experience including payment solutions, an IBAN account, and personal finance management while adding Web3 functions like non-custodial and custodial wallets, fiat on-ramp through a Visa debit card, and crypto exchange.
Integration with Crypto Exchanges and Wallets
Renegade collaborates with key players in the crypto industry such as exchanges and wallet providers to offer their solutions in a more TradFi-friendly environment. As more partners join the Renegade platform, users will have access to a diverse range of direct, in-app conversions and enhanced liquidity options.
Enhancing Fintech Services
Renegade is also building RenegadePay and preparing a Renegade Visa debit card, allowing users to spend crypto in everyday shopping. Additionally, Renegade users will receive a Swedish IBAN number through a partnership with EMI Intergiro, granting access to traditional banking services and an attractive spending rewards program.
Redefining Financial Opportunities
Renegade CEO Daniel A. Strele-Ramonis envisions dissolving the barriers between fiat and crypto, offering everyone the tools to harness the full spectrum of financial opportunities. The company aims to lead this fusion and ensure that financial empowerment is accessible, intuitive, and without compromise.
Renegade Joins Cointelegraph Accelerator
The platform plans to integrate with major payment services like Apple Pay and Google Pay by the end of the year. With its mobile app launch, Renegade can serve the TradFi needs of DeFi users while providing access to crypto and Web3 for the fintech market, effectively bridging the two worlds.
Hot Take: Renegade Revolutionizes Traditional Finance with Crypto Integration
Renegade is revolutionizing the financial industry by combining traditional finance with the power of crypto integration. With its user-friendly interface and seamless integration of DeFi features, Renegade aims to provide a bridge between traditional finance and decentralized finance. By offering a clean and easy-to-use experience through its mobile apps, Renegade empowers both mainstream users who are new to decentralized finance and DeFi enthusiasts who seek simplicity and accessibility. With partnerships with major payment services and the introduction of innovative features like RenegadePay and a Visa debit card, Renegade is paving the way for widespread adoption of crypto in everyday life. As the future unfolds, Renegade is leading the charge in making financial empowerment accessible to all.
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